Nominate janet yellen to his treasury secretary. She would become the first woman to hold the position. Janet yellen has pushed for more fiscal spending during the pandemic. Credentials could covid passports restart International Travel . We will discuss the latest strategy with its ceo this afternoon, and before then, we are joined by the chief executive of the dutch flag carrier. Do not miss that conversation. It is 6 00 a. M. In london and 7 00 a. M. In zurich. A little bit of breaking news on novartis and we will come back to that in a moment but there is a Share Buyback of up to 2. 5 billion. So we will touch on that in a moment but i think we are in this momentum and we have almost got this goldilocks between a vaccineon starting, narrative, and janet yellen did not get Elizabeth Warren so thats probably part of the cheer on the streets. Certainly. I think wall street will embrace it but also the progressives will embrace her but with this pick which is historic, the first female
Down almost 3 at one point. Jack ma said to surge up the wealth table after a mega dual ipo. Expecting to raise almost 35 billion in hong kong and shanghai viewed Sheldon Adelson rolls the dice in las vegas. He is said to be extorting the sale of his flagship casino which cost more than 6 billion. Shery lets get started with a quick check of the markets right now. We are seeing u. S. Futures opening pretty flat after we saw u. S. Stocks falling the most in the month and the regular session. The s p 500 down 1. 9 . It was the biggest drop since early september. We have the ongoing fiscal stimulus impasse, now on its third month. We also have surging coronavirus cases. Boeing falling on chinas plans to sanction the company over sales to taiwan. We have the u. S. Approving another potential 2. 4 billion of antiship missile fuel to taiwan. The vix closing above 30 for the first time in almost two months. We saw strength in the u. S. Dollar. Take a look at oil prices. Wti rebounding a littl
Billionaires index. Raise 30 5ting to billion in hong kong and shanghai. Aviation in australia. Alice springs emerges as the ideal place to store passenger planes left idle by the coronavirus. Shery. Shery breaking news out of south korea. We are getting the preliminary thirdquarter gdp numbers and we are seeing the quarter on quarter the economy has grown 1. 9 , which is beating expectations of 1. 3 and this is also coming after its first recession since 2003. We saw a contraction of more than 3 in the previous Second Quarter. Youre on your, still a contraction of 1. 3 but its a much smaller contraction than was expected and it is also a contraction that has eased from the previous quarter. We have seen growth and strength when it comes to south koreas exports and manufacturing industries. Thirdquarter manufacturing actually growing 7. 6 quarter on quarter when you look at the details in the gdp numbers. We have seen the rebound in china. South koreas biggest trading partner helping i
And airports. This is an hour and a half. Welcome to todays hearing on support for healthy air travel. Air travel plays a Critical Role in business, commerce, education, travel, and tourism. We take for granted that we can travel great distances by air. That weredestinations once reserved for imagination. Air travel moved from our imagination to a real audi reality that has changed the way we with each other. Our dependence will only continue to grow. Global air travel will nearly double. As with many other industries, the pandemic has dramatically impacted commercial air travel. In the u. S. Alone, Passenger Air travel was down 96 . Worldwide, the air travel industry is projected to use more than lose more than three hunter billion dollars in operating revenues this year. Shiftpple effect of this goes well beyond the airline. Full recovery requires ensuring safety and reestablishing the confidence as we continue to face the risk of covid19. These are positive steps, but are they enoug
Welcome to todays hearing on support for healthy air travel. Air travel plays a Critical Role in business, commerce, education, travel, and tourism. We take for granted that we can travel great distances by air. That weredestinations once reserved for imagination. Air travel moved from our imagination to a real audi reality that has changed the way we with each other. Our dependence will only continue to grow. Global air travel will nearly double. As with many other industries, the pandemic has dramatically impacted commercial air travel. In the u. S. Alone, Passenger Air travel was down 96 . Worldwide, the air travel industry is projected to use more than lose more than three hunter billion dollars in operating revenues this year. Shiftpple effect of this goes well beyond the airline. Full recovery requires ensuring safety and reestablishing the confidence as we continue to face the risk of covid19. These are positive steps, but are they enough to ensure safety and reestablish trust .