Soon after setting sail for dover. And bt sport are to pay £1. 2 billion to carry on showing the Champions League and Europa League until 2021. The new deal ends the Highlights Shows On Terrestrial Tv. Good morning. Welcome to bbc Newsroom Live. The uk factories at Ellesmere Port and luton employee. The new owners met government and unions last week and provided insurance that existing Production Commitments would be honoured at Ellesmere Port until 2020 and luton for some years beyond that but the combined company will have 2a factories in europe and some say that is too many. Its one of the biggest deals in the car making sector. British and german Brands Vauxhall and opel are to merge with the french brands peugeot and citroen. Together they will make a company which is the second largest automotive player in europe. Today, the bosses of General Motors and psa welcomed the £1. 9 billion deal and stressed their commitments to vauxhall and opel at least until 2020. After that it was
norway s karsten warholm beats his own world record to win gold in the men s 400 metre hurdles. there are a slew of car companies reporting their results this week. stellantis, it s brands include fiat, chrysler and peugeot, is reporting today, as is bmw. then we ve got general motors, toyota and honda on wednesday. so we should get a real sense of how the car making sector is doing as we start to exit the pandemic. it s widely reported the biggest issue is a shortage of the semi conductor chips, but this is seen as a temporary problem. the main challenge is the electrification of the industry as governments set limits for the end of petrol and diesel cars. jim holderjoins us editorial director, what car? and autocar.
norway s karsten warholm beats his own world record to win gold in the men s 400 metre hurdles. there are a slew of car companies reporting their results this week. stellantis its brands include fiat, chrysler and peugeot is reporting today, as is bmw. then we ve got general motors, toyota and honda on wednesday. so we should get a real sense of how the car making sector is doing as we start to exit the pandemic. jim holder is the editorial director at what car? and autocar. he explained who will be the stand out. you are probably looking to the premium brands, brands like bmw, for the really standout figures, but i think overall we re seeing a positive trend despite the massive headwinds
barclays here in london took a hit in wednesday s trading. see where we re seeing a little buying back of that stock now. yeah, we are. up by .5% for barclay s and indeed for other banks as well. now in terms of the major u.s. stock markets, all three of those closed at their lowest levels so far this year. the dow sank by just over 2% on wednesday. nasdaq and subpoena & p, they have thrown away all of their gains for the year. they were off by, again, nearly 2%. now the nuclear crisis in japan and in particular that very strong yen is pushing stocks in exporters in japan down. but there are a lot of implications for stocks all the way around the world. amy rubin joins me with more on that. the car making sector is feeling the ripple.