We start here in the uk, with travel worries for thousands of Airline Passengers as pilots at europes biggest budget carrier, ryanair, walk out on strike at the height of the Summer Holiday season. The action by ryanairs uk based pilots began at a minute past midnight and will run until midnight tomorrow, the busiest day of the year for air travel. Ryanair is due to carry over a quarter of a Million People on more than 1700 flights from the uk over the 48 hour period. Its drafting in extra pilots and has promised to operate a full schedule of flights to and from uk airports. But it says it cant rule out small delays or changes to flights. Its telling passengers to check their sms or email or the compa nys website. More industrial action by uk pilots is planned between the 2nd and the 4th of september, unless an agreement over pay and conditions is reached. Ryanair failed in a court battle to get the strike blocked by britains high court. But it did succeed in stopping a strike by some
No river in the uk is currently safe to swim in thats the stark warning from scientists about the levels of sewage in our waterways. A Record Number of fires in the amazon rainforest data shows an 85 percent increase this year. Mps warn the uk will not meet its Climate Change targets unless people ditch their cars. Good afternoon. Our main story at five is borisjohnson has been in paris for talks with Emmanuel Macron, the latest stage in his attempts to try and break the brexit impasse. The french president insisted that the controversial irish backstop is indispensable to the integrity of the eu Single Market. The measure aims to prevent physical border checks if there was no post brexit trade agreement. Mr macron didnt point blank refuse to re negotiate the brexit deal though, asking for further explanation from the uk on what its alternative propsals might be. Both sides have agreed that they will keep talking. Our europe correspondent Damian Grammaticas sent this report. Frances pr
The ftcs settlement of its back and the stock climbed towards highs in the session. Romaine lets go to our markets reporter. I am looking at the u. S. Dollar. We did not see the same action and the dollar despite the rally. We see the u. S. Dollar slipped for a Third Straight day versus major currency competitors. Investors are trying to haven currencies they happen to outperform during the day. In the amid turbulence markets and resurfacing u. S. China trade tensions. Traders are weighing concerns for Global Growth and the outlook for the u. S. Interest rate cuts and the rise in american Producer Prices added some pressure on the u. S. Dollar. I was looking at the record highs we had. Lets focus on the s p 500. The second consecutive closing high. Above 3000 for the first time. The day,ed. 4 through enough for the superlatives. We really ground higher through the day. Todays gains were set up by fed chairman jay powell, his comments pointing toward easing Monetary Policy at the end of
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The oil markets. First, stocks kicking off the first trading day of the new year on a high note. And if the january effect plays out, todays gains could be a positive sign for 2018 bob pisani here with the story bob . Reporter yes, just a lot like 2017, some of the big names are moving today semiconductors doing well. Lot of interest in that. We see Retail Stocks doing better we see energy doing better heres something curious, the banks are not participating in the rally. I find that interesting given that the ten years been moving up utilities have have been a loser for a long time. Thats no surprise here. Look at some of the big banks. Come over here citigroup here down 0. 4 on very light volume most of the big banks, regionals in particular are down fractionally not a great month, frankly, if you want to look at january. We asked our friends to take a look at the last five or six years in january it tends to be a down month. Nasdaq and the s p and the dow industrials all to the down