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Chancellor of the u. K. On how he plans to ensure economic recovery from the pandemic. This is what the markets are , however,n, the virus it appears european stocks are climbing after promised renewed support for airlines. Shrugging offo be virus worries that were seen in the u. S. Markets and focusing actually on what is happening closer to home. The dollar is strengthening, treasuries edging higher, shares primed in japan and south korea on below average volumes. Now lets get to the bloomberg first word news, and wall street regulators are rolling back. Changes to the volcker rule means lenders will soon be able to boost investments in Venture Capital funds. They will also be able to pocket billions of dollars a set aside the backstock trades. Germany is prepared to strike back against the u. S. On nord stream 2. Chancellor Angela Merkel is looking for an eu response on th ....
The worst vics from the , to today. It is certainly better today. Francine here is ritika gupta with first word news. Ritika there has never been a month as bad as april for the british economy. Gdp fell more than 20 as the coronavirus lockdown took hold. On a threemonth basis, economic output shrank more than 10 . The imf says the Global Economy is recovering more slowly than expected from the coronavirus. The fund expects it will have lingering scars from the experience. The imf will release economic with injections june 24. It expects them to be worse than the last forecast in april. The imf says in general asian economies are further along in the recovery path. President trump is rejecting calls to overall Law Enforcement to cut funding. He says a Strong Economy will be the fix for racial injustice. The president is ....
Stocks died. , 15s fall the most billion wiped off the board. Will the streaming giant recover . Our top story, microsoft shares topping after fourthquarter results that topped estimates. Strength inontinued the cloud business. The ceo is working to keep up a steady flow of cloud deals to narrow the gap with Market Leader amazon and offering bundles including office, windows, and other Security Products as well. To unpack it all, we are joined by cloud reached ceo aaron paynter, who spent 14 years at microsoft in the u. S. , brazil, france, and china, where he served as gm for a few years. Also, a reporter from bloomberg intelligence. Another big order from microsoft as expected. What is the top take away . Almost every line item was good. I mean, we did not find any mistake in the quarter so far or anything negative. The digital deal is going to be guidance and seeing how ....
Johnson & Johnson will ask thousands of people suing over its allegedly tainted baby powder to vote for a settlement that would resolve all litigation for $11 billion $2.1 billion more than the company offered last year. ....
Columbia, Yale Get Tough on Protests as Students Refuse to Back Down bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.