South koreas military earlier said the man went missing from a vessel near yeonpyeong island on monday, a day before he was spotted floating in the north waters of the yellow sea. They shot the man dead and burned his body. Officials said the north explained its troops fired more than ten shots as the man was trying to flee. The north also reportedly said its personnel didntt finthe mans body but burned the flotation material he used in accordance with covid19 guidelines. The north also said it would do its utmost to prevent something similar from happening again, to avoid damaging relations between pyongyang and seoul. For more insight we spoke to a doctor in seoul, a Research Fellow at the institute for north korean studies. From the standpoint of north korea, it must have realized that making the excuse that he was, and that he was for prevention of covid19 outbreak would not satisfy angry south korean public,c, so it needs to express at least a minimum amountnt of sincere apology a
In a single session. Its worst ever single day. British drug giant astrazeneca halts the trial for safety review after an illness during its test. And British Airlines shares open lower ragging on the travel sector. A ton of Market Action here in europe. Lets look at how the markets are opening in the session a rebound coming together. Yesterday, the main benchmark dropped to 1. 61 in italian and french stocks. The market up and the cac 40 up 0. 7 initially, there was signs of trading coming through in the early moments on the back of this news late yesterday that they have halted their trials as one participant in the trial has fallen ill not enough to get the market down we are seeing positive momentum now. Lets look at positive sectors we have oil and gas up, telecom up and we saw the Oil Price Plunge wti falling 7. 6 brent down and we are seeing a bounce now utilities and majors are the best market. We have travel and leisure taking the biggest hit down 4. 4 we have a few stories c
August and a different first of september that has transfixed the nation. In the markets, there is no question i am looking at a weaker dollar today, a profoundly weaker dollar. Text still lifting. Francine the weaker dollar also giving a lift to commodities. A full roundup of the asset classes. To the bloomberg first word news. Ritika President Trump President Trump claims a man arrested for killing two people in wisconsin was acting in selfdefense while simultaneously criticizing the killing of one of his supporters over the weekend. Joe biden flipped to the republican slogan that nobody is safe in joe bidens america, he said the president cant stop the violence because for years he has fomented it. J. P. Morgan chase says investors should prepare for the chance President Trump gets reelected. The bank took a look at polls and estimates there could be a shift of up to 10 points from democrats to republicans if the protests turn from peaceful to violent. The pandemic has created tons
It is the 32nd time this year the nasdaq has set a record close again. This morning, we are looking at a negative picture this morning, you are looking at red ar owes. S p indicated down by about 16 points everybody is waiting to see. At least right now, 10year looks like it is narrowing to 2. 5 jobs friday today. Forecasters will expect payroll to climb 1. 48 million after june gains shattered expectations a huge number this time around unemployment is expected to drop 10. 6 from 11. 1 from june well take you through 8 30 a. M. When those numbers actually hit. News breaking this morning for those of us in new york city who woke up and thought what just happened. Con edison investigating widespread outages. As an upper westsider, no power there. You lost power . A true black out. We are in 2020, what could go wrong . I looked around and thought, it is so dark what is going on is the nasdaq going to have power. What am i going to do . Here we are middown. You left connecticut to come to
Face, quote public and private pain after choosing to exclude huawei from the roll out the treasury surges and jamie dimon says the future path is uncertain. We dont know we are very clear, i think, you will have a much more difficult economic environment Going Forward than you had in may and june good morning. Welcome to street signs. I want to take you to some of the market action. As we opened up, we were very strong very little in the way of red ink. More moving on to the charts, it has been an interesting section as we we up the potential for another vaccine for the coronavirus very mixed reports from profit hit of covid19 and the lockdowns and some of the outcome it has been a mixed bag as we rake through the earnings from telecommunication and luxury weve seen a lot of provisioning this morning, trading higher by three quarters of a perfect. You can see how it translates across the core markets. The ftse in the uk is. 8 in the green. Decent outpacing german stocks today. Weve gi