This is the Business Briefing. Im sally bundock. As tensions over a us china trade war are easing, will the next trade battleground be europe. The smartwatch is no threat to switzerlands luxury watch makers. We hearfrom the president of the most prestigeous of them all, patek philippe. Financial markets have started a brand new year. Well japan is closed for a public holiday, elsewhere you can see there are gains. Well go to our Asia Business hub shortly for the reasons why. We begin with the us china trade war because the biggest Business News story of 2019 is set dominate at least the start of this year. Thats as donald trump has said he will sign a long awaited trade agreement with beijing this month. The so called phase one deal, is expected to reduce tensions between the worlds two biggest economies. But its not all about the us and china. The new eu trade commissioner is expected to meet with us trade representative Robert Lighthizer this month to resolve the various trade issues
This is bbc news with the latest headlines for viewers in the uk and around the world. Large scale trials of a Coronavirus Vaccine developed by Oxford University and astrazeneca show it is 70 effective at preventing covid 19, rising to 90 depending on the dosage. It really looks as if there is a vaccine which has the potential to protect against the disease. And importantly, in anyone who had the vaccine, there were no admissions to hospital, no severe disease. The uk government has secured 100 million doses of the vaccine enough for most of the uk population. We hope to be able to start vaccinating next month. The bulk of the vaccine roll out programme will be in january, february, march. And we hope that sometime after easter, things will be able to start to get back to normal. Its expected all shops in england will be allowed to open in the lead up to christmas, but pubs and restaurants could face tougher restrictions as part of new government measures to fight coronavirus. Three pr
Cases in new york cases skyrocket as more people are tested. Nonessential businesses in the big apple are required to keep three quarters of their staff at home. Only 25 can report to work on any given day. Brian but u. S. Senators will head to capitol hill to work on help. Today they will negotiate a 1 trilliondollar rescue deal, maybe more. To provide Financial Relief for all americans. Ainsley as the worlds most popular cities remain empty, there is some good news. 86,000 people have recovered from the virus worldwide. Steve meanwhile new reports also suggest that the number of people who died from covid19 in wuhan, china, the very starting place of this pandemic, is actually lower than was previously thought. Apparently, ainsley and brian, you know, initial estimates in february was that the mortality rate was 5. 8 . Well, now they have looked at the end of february and they said you know what . Its not almost 6 . Its 1. 4 at the end of february. Ainsley yesterday in the briefing t
Must continue following Task Force Guidelines like social distancing. Brian glimmer more than glimmer. The cdc releasing new guidelines for essential employees taking, for example, their temperature every day. Before clocking in and wearing face masks at all times. This can be very similar to when we start getting back to our buildings and back to our offices around the country. I could see that being very typical as did you go in. Yesterday i thought Something Else stood out. Anthony fauci said i dont think we are ever going to shake hands gotten. I was stunned by that while the model of 100 to 200,000 people dying was scaled back. Looks like 60,000. And well have until august to get there. So if we keep doing this, maybe that number will get even lower, steve. Steve well, that would be great for the number to go lower, brian, what we have learned in the last month or sore is that the social distancing where you dont shake hands and stay away from each other actually works. This is on
Million. Nearly 19,000 americans have died in total. Global deaths now surpassing 100,000 with nearly 2 million cases, more than 300,000 people have recovered worldwide. Good morning to you. Im Griff Jenkins in washington with my colleagues, gillian and pete up in new york. Hi, guys. Good morning, griff. How are things in dc, give us the weekly update. The weekly update, they fear a spike here. Theyre urging the mayor to get you to wear masks, to continue the social distancing, much as the rest of the country, as you see signs of hope, glimmers of progress in new york. Other areas like dc are well aware this is not a time to take your eye off the ball. This is a time to stay steady, keep doing what youre doing. In new york, i see a ton of people wearing masks. Theyre taking precautions, wearing masks, wearing gloves, doing everything they can, the majority of the people ive seen to stay on course. Ive seen about ive been to the Grocery Store, liquor store, about half and half id say, m