Significant challenges. Hedges rise, oil falls for a cplus talks ope are delayed for a third day. Crude had capped its biggest monthly increase since may. Heading for the exit. Unicredits ceo is stepping down after four years at the top of italys biggest bank. It comes amid clashes with Board Members over acquisitions. It is 6 00 a. M. In london, 7 00 a. M. In vienna. We are where we are supposed to be. You wanted to start with oil. I absolutely applaud the decision. There is this line that the prince threatened to resign. My question is simple, is that petulance, posturing, or productive . Good morning . Morning. Annmarie i am certainly sure it is not productive. They are meeting on thursday. A brilliant note overnight saying that like with everything with opec the first day, there is always drama. She compared it to as much as drama you would see in an episode of gossip girl. A lot of infighting. Usually, you and i will report on it between saudi arabia and russia. This time, it is r
[silence] [inaudible conversations] [inaudible conversatis] [audible conversations] mike check. One, two, three,our. Mike check. [inaudible conversations] [inaudible conversations [inaudible conversations] a reporter with the wall street journal, it focuses on data and analyzing the numbers, the wall street journal yesterday, hundreds of companies that got stimulus aid has failed, ppp loans have filed for bankruptcy after the money ran out, thank you for joining us remind our viewers with the Paycheck Protection Program is. It was a form of stimulus the treasury in Small Business administration started Small Businesses april and they plan to forget the loans as long as the funds were used to fund payroll and other related expenses. How much money was left out and what businesses received the money . Is about 525 billion, i think. More than 5 million recipients of loans got some of the funds and it was all kinds of businesses, Small Businesses. Some larger business as well. The one that
Going to know where we are tuesday night. Lets call it less than likely. Maybe somebody can disagree with me on that. We will go into wednesday and may go into november to get to a successful outcome. Jonathan that is the risk of this market, and it has been for the last couple of months. The other issue this market is grappling with at the moment is the breakdown of traditional correlations. Last week was brutal for the equity work it the equity market. Youve got no comfort for the bond market. Tom bonds really dont move today. It is a higher yield into the weekend. A less than correlated market. I would note the absolute stasis in strong dollar. Dxy, that blended Company Index against the dollar, 94. 03. That is a strong dollar. Jonathan weve got to talk about the weaker euro over last week as well. The Economic Data in europe set. To get worst. We have manufacturing set to get worse. We have manufacturing pmis in europe tomorrow. Lockdowns in france, lockdowns in germany, and the u.
To help Small Businesses trying to survive the pandemic. 100 in his 100th test match. What a player england Captainjoe Root marks his 100th test with 100 of his own. They cant because the vice chair is here. I take charge and the Parish Council meeting in cheshire that went viral. And coming up on bbc news three months after it ended the six nations begins again well look ahead as england start the defence of their title. Good evening and welcome to the bbc news at six. Almost half the uk population 32 Million People should be vaccinated against coronavirus by may. The government says it expects all adults over the age of 50 as well as the clinically vulnerable and those working in health and social care to have received their firstjab by then. The uks medicines regulator says the latest Research Shows side effects from all three vaccines are minor and dont last long. As cases continue to fall, politicians are divided over how soon restrictions should be lifted. Heres our medical edito
Over his treatment escalates. Edelweiss, edelweiss. Tributes to the actor Christopher Plummer star of The Sound Of Music who has died at the age of 91. No, they cant, because the vice chair s here. I take charge. And the perils of parish politics. Read them and understand them meet Jackie Weaver the woman who went viral after their rather heated zoom meeting in cheshire. And coming up in sport on bbc news a fairy tale in chennai. Joe root scores a century in his 100th test appearance, as england take control in india. Good evening. Almost half the uk population 32 Million People should receive their first dose of Coronavirus Vaccine by may. The government says it expects all adults over the age of 50 as well as the clinically vulnerable and those working in health and social care to be offered their first jab by then. Almost 11 Million People have now had their first injection. The uks medicines regulator says the latest Research Shows side effects from all the approved vaccines are mi