Eggs from the web chinese farmers are increasingly turning to online streaming to sell the product. And. The European Unions technology rules are stuck in the stone age thats the verdict of the woman behind the blocks latest effort to tame big tech you Competition Commission or mockery divest has long been a thorn in the side of the likes of apple and facebook now she says her proposals will lay down the law for those Companies Finally creating a Single Market for Digital Services. She said down with a reporter to no tomorrow. Thank you so much for joining us today commissioner its the pressure now digitalisation is of course a very important topic in europe and with your Digital Services act do you would like to see a range of rules imposed on Big Tech Companies like facebook and google and apple rules like making them share their data with smaller rivals what is it that you think that theyre doing that is so wrong. Well the last time when our democracies sort of say things you can do
A rebound for europes largest economy but what about a 2nd wife. And a german gingerbread make it braces for the Holiday Season the pandemic has taken a little spice out of the trade. And been physical and lets do business those times as posted a one and a half 1000000000 euros loss for the last quarter its not as severe as thought but it still does will chief executive customs for doesnt expect demand to return to precrisis levels before 2024 echoing a warning from the International Air transport association. Most of its planes are still ground day to pump tang currently on used to runways of tons that has been part nationalized point in a deal granting it 9000000000 euros in state aid a lifeline out of the crisis. In the 1st quarter of this year the Airline Already suffered operational losses to the tune of 1200000000 euros in the 2nd quarter as much as 1700000000. Radical change is the order of the day in june looked left the german dax index and the German Government now owns a 20
Humans to. Had taken stake in the huge slice out of sales for producers. Is all a lets do business the environment is a big window with economies around the world coming to a street chain holt as companies crank up production the dream of a clean a future is going up in Smoke International Energy Agency is calling for states to include aid for green policies in their corona rescue packages. Shuttered shops empty high streets life at a standstill in many parts of the world the pandemic has prompted governments to take action to stabilize their economies. Airlines have been rescued and stimulus packages of help Keep Companies afloat but with so much attention being devoted to the Health Crisis there been calls not to neglect other pressing issues like Climate Change. Such concerns have prompted the International Energy agency and the International Monetary fund to propose a plan that aims to unite climate protection with economic growth. Among the goals and you will Global Growth of 1 po
Us over time significantly closer to what i have called the pre covid inflation path while allowing us to monitor how some Key Developments unfold. Taking off british carriers hitting the top of the stoxx 600 as signs point to a recovery in the industry. Oil prices rising on the news opec and allies will meet tomorrow in a signal there may be consensus onextending outpu cuts a warm welcome. We are waking up a day after the ecb meeting. Lets look at some of the Market Reaction to the meeting. The euro has climbed to a threemonth high while italian bond yield on the back of the decision to ramp up the stimulus plan the euro trading about 11 basis points higher to 11347. The ecb will double its Bond Purchasing Program to 1. 25 trillion euros the ecb president Christine Lagarde ses they still face a contraction of 7 this year. They dont expect inflation to rise leaving it far below the 2 target she said she hoped the boosted bond buying will steer inflation back to pre covid levels collect
A transport only be allowed to watch from home. Also on the show they expected a quiet wedding at city hall file from their friends because of the kind that make. It was something of a blast from the cost of driving a wedding 30. 00 cost 60. 00 friends and one happy couple. And their need for the most time welcome u. S. President says the nations Coronavirus Task force will now focus both on safety and on rebooting the economy to fight saying on tuesdays at the White House Committee would be scrapped altogether some major u. S. Cities have seized decreased rates of infection but those numbers have been offset by spikes in other parts of the country the hardest hit area new york city has taken unprecedented step and its best so against the virus. This is history in the making. Its not the actual cleaning of the new york subway that is so unusual. Its the fact that its the 1st time that the system will close during the night so that it can be disinfected. Its a measure of the lengths to