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Being offered, if they dont it could face strikes on the Shop Floor at a time when its meant to be focusing on Safety And Quality control. For boeing. What is on the table is a four year contract, better retirement unless compulsory overtime. The company has also said that if it launches a new Aircraft Design in the next four years that plane would be built in the seattle region. Unions have recommended the deal, but it is far from clear whether a majority of workers will accept it. If they dont, there will be a further vote on Strike Action. This has been a difficult yearfor Strike Action. This has been a difficult year for boeing, the problem started injanuary difficult year for boeing, the problem started in january when a disused door fell off problem started in january when a disused doorfell off this 737 max shortly after takeoff was not that because the harsh spotlight on serious ongoing Quality Control problems at the Plane ....
For the tech sector. Ai Chip Giant nvidia has been surging on reports that the us government is considering allowing it to export advanced semiconductors to Saudi Arabia itjumped some 8 in Wednesdays Session pulling up the rest of big tech. Melissa 0tto is from S P global visible alpha where she heads up their technology research team. Just had us Producer Price Index data a little hotter than expected. That coupled with a little hotter consumer Price Index data yesterday. Does it change anything for when the fed meets next week . Are markets too optimistic about the pace of further Rate Cuts . Thank you, great to connect with you today. 0verall, thank you, great to connect with you today. Overall, the economic ....
Im lukwesa burak. We start here in the uk because the uks national debt is on course to triple over the next half a century. Thats the warning from the governments official forecaster, the office for budget responsibility. An ageing population, climate change, and rising geopolitical tensions will all put increasing pressure on the Public Finances according to the 0brs report. And it says without extra Tax Revenues or a return to post War Productivity levels, the Public Finances are not sustainable over the long term, and something has got to give. Uk national debt is currently at almost 100 of the size of its annual Economy Output or gdp. ....
Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. A lot going on, because we have Christine Lagarde testifying in parliament. We will bring you anything that comes out of it. The markets focusing on infections rising around the world. They are focusing around the fact that we could see a stimulus. Lets get to the markets. I dont know if we have them. If we do, it could be great, and it would be a good time to look at them. Overall,ok at stocks they are falling along u. S. Futures, tougher restrictions, progress toward a vaccine. We have plenty more of course on that. Astrazeneca at rising amidst positive news on its coronavirus vaccine. We are hearing from Christine Lagarde. We had an exclusive conversation days ago. The focus is on the need for a stimulus. The focus i ....
Or no deal. Time is running out for brussels and london to ensure smooth trades come january the 1st. Hello and welcome to do business on what to johnson berlin. Good to have you with us. The chinese president xi jinping, hits back against suggestions china could be looking to go it alone amid a rise in protectionism and trade tensions speaking at a virtual Asia Pacific Economic cooperation forum. She said global collaboration on issues from free trade to Vaccine Development is needed now more than ever. Critics, however, were quick to point out chinas increasing aggression towards trade partners such as australia and its lack of progress on long pledged commitments to open its economy. As most of the worlds Major Economies struggle to deal with, the coronavirus pandemic repeated his message. Thursday, our d ....