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Chinas economy contracts for the First Time Since at least 1992 after the coronavirus lockdown but industrial output numbers offer signs of encouragement. Stocks push higher as President Trump outlines steps to reopen the economy despite data showing 5 million more americans filed for unemployment. Plus hedge funds suffer a volatile march. And the worst ever losses posted. We will see this morning what u. K. Asset manager things. Breaking headlines on european car sales plunging 52 in march. European car sales more than getting cut in half in march yearoveryear. The biggest drop on record. We will be sure to talk a lot about cars today. Hsbc upgraded bmw shares to a buy. Anna a lot to talk about in terms of the car story an interesting to see the plans are around reopening car production. Let us talk about man group. The W ....
Cases, were starting our life again. The administrations guidelines are broken up into three phases lasting at least 14 days. So well give you the quick breakdown here. The fist phase calls on employers to have their employees returning to work in phases and minimize nonessential travel. Phase two allows schools to reopen as well as churches, bars, gyms, and large venue, as long as proper social distancing measures remain in place. Under the third phase, those venues just reopened with limited social dancing and proper sanitation. The governors, not the president will say when stateress open. The president acknowledged that in his call with the governors. That being with it is, were getting a better idea of area. Chris nguyen joins us live from san jose with that part of the story. Chris . Hi, kristen. Well, lets be clear. Its going to be a while before life gets back to normal, but we can tell you that Health Officers are taking ....
Killing more than 20 inmates. More doubt about the tokyo and lympics talks began about whether the games should be postponed. For the 1st time in days italys daily coronavirus death toll has fallen but still 651. 00 lives were lost on sunday bringing italys total to almost 5500. 00 the government shut almost all factories and banned internal travel in germany as long as the merkel says shes going into quarantine africa going into contact with an infected doctor and shes also banned gatherings of more than 2 people so lets take a look at the global snapshot that comes from the u. S. Based Johns Hopkins university about 330000 and factions since the outbreak began almost 98000 people have recovered but more than 14400 have died china italy in the u. S. Have the most confirmed cases to start with or a challenge wrapping up the situation across europe. It is a mark of the severity of italys situation when its latest coronavirus daily d ....
Air borders public gatherings are banned. And. Difficult for millions of people. And. Major league to be heading toward town. Hall and go on for now. While the numbers get more alarming by the day if not every region of the world is affected by corona virus this sunday we have indonesia and thailand reporting new infections thailand with its biggest jump yet europe remains our focus the most shocking numbers came in on saturday when they reported nearly 800 deaths in one day spain has just raised its death toll by nearly 400 this is how it looks on the overall track which you know from Johns Hopkins university in the u. S. Over 307000 confirmed cases with 13000 deaths and as i always say dont forget the well its coming on for 100000 people isnt it whove actually recovered from coronavirus look at it on the map. You get the feeling yes it has hit every part of the world now but very much you can see that cluster of red in europe whi ....
Life difficult for millions of people in chile. 400 hours g. M. T. Which is 6 pm in the United Arab Emirates which is Just Announced a large stimulus plan to help ease the economic fallout from the coronavirus but there is a big casualty as well one of the worlds Biggest Airlines emirates based in dubai will suspend all passenger flights from wednesday theyve Just Announced it on their twitter page 25th of march 2020 cargo will continue they call it a painful but pragmatic move to give you an idea this is where emirates flies to gosh i had it they remember thats their destinations all over the world looking at Something Like a 100 and huge and 30150 destinations 270 planes 3500 flights a week said this. ....