Weather but a cool start. Temperatures in the low 50s but then look at the trend going straight up, mid70s by early this afternoon and were going to see our high temperatures in some spots as warm as 83 degrees. Ill be tracking this warmup, and well talk about what else is ahead in the forecast coming up in a few minutes. And 6 01 this morning. It is a crucial day. Governor newsom says hell outline details, expected during the daily News Conference where newsom will call for a slow reopening process. Hes already praising californians for their hard work to make it all possible. Overwhelmly are staying at home and have allowed us the opportunity to be at this point in time. Some states are preparing to reopen this week including georgia where some nonessential businesses will open as soon as friday. A live look at capitol hill, lawmakers are heading back to washington for a final vote tomorrow on more money for hospitals and Small Businesses affected by the pandemic. Today in the bays t
Fantastic write. That as they set out to safety environments. That ive learned from one another. And Work Together for the future. Comfort. W. X. Chinese leader xi jinping begins a historic visit to north korea so can beijing reassert economic influence over its excitable neighbor days before a crucial trade meeting with u. S. President donald trump. Also on the show 4 years have passed since a devastating terror attack on a tunisian beach resort killed dozens of foreign visitors now terse to returning to the country. And looking for the perfect wine to pair with fish how about a bottle that itself was pulled from the sea. This is your Business Report im Stephen Beers in berlin thanks for joining us. She jean ping has become the 1st chinese leader to visit neighboring north korea in 14 years and thats a sign of improving relations between the 2 traditional allies despite a drop in trade between them both president xi and kim jong un will want to make sure that their economic ties remai
A drop in trade between them both president xi and kim jong un will want to make sure that their economic ties remain strong especially as she prepares for a crucial meeting with u. S. President donald trump and north korea 6 a Nuclear Agreement with the u. S. The chinese president s arrival on north korean soil was a momentous one clearly not everything that crosses the border between the 2 allies has waited with such excitement most of the exchanges between china and north korea happened here the friendship bridge across the yalu river 70 percent of bilateral trade passes here between dandong and the north korean city of sin nature you traditionally heavy metal is made of a big part of that trade the un sanctions imposed in 2017 banned exports of them to and from north korea with electrical coal cars and textiles also subject to restrictions un sanctions have taken their toll in 2800 exports from north korea to china are thought to have dropped by 88 percent trade in the other direct
Provider is set to be added. About theo the ceo companys plan for european expansion. Dubai and a. M. In midday in hong kong. This is bloomberg this is Bloomberg Markets middle east. We are just under two hours away from the opening of the emirates markets, dubai and abu dhabi. Ahead of that, lets set lets set the Global Market turned. Take a look at how the u. S. Markets closed on friday. The big news was the s p 500 getting to an alltime record in the form of 2500 points. Quite an amazing performance. Just over a week ago we were worried about not just to hurricanes, but we also had geopolitical risks. In any case, the dow jones also closed at a record high of 22,275 points. As did the nasdaq. Look at them more macro moves in markets. We had the dollar falling on friday off the back of some weaker than expected retail sales data. Bloomberg dollar index down one quarter of a percent. The yield on 10 year your treasuries topping 2. 2 . Another psychologically important level in the mar
Announcer this is nightly Business Report, with Tyler Mathisen and sue her slow start. The economy is limping along at its slowest pace of growth in three years. So why arent economists worried . At a crossroads. Exxonmobil and chevron report solid quarters. But not everything is turning around for big oil. At odds. Lawmakers avert a Government Shutdown, for now. But another budget battle may just be starting. Those stories and more tonight on nightly Business Report for friday, april 28th evening, everyone, and welcome. Getting the economy growing again faster is a goal of the Trump Administration and a desire of investors, and of course american workers. But today a new report shows its certainly not happening just yet. According to the commerce department, the economy stumbled in the First Quarter. Gross domestic product, which is basically the broadest measure of u. S. Output, grew at a paltry rate of. 7 , below what had been expected. An increase in confidence readings over the la