before the pandemic, we brought you back to london heathrow with british airways top 747 pilot. all clockwork, boeing had installed space—age autopilot. clockwork, boeing had installed space-age autopilot. is used in the apollo project and right, there'd be on the astronauts, they would go and ta ke on the astronauts, they would go and take you to the moon and of the other side of the corridor would be the people of us, the same system and there was just the people of us, the same system and there wasjust pan and made the worlds first 747 passenger flight from new york to london. it certainly did not go to plan. before the pandemic, interest when the original crew to norway. amazing to meet you. so, this is you on the first flight? yes, just after landing in london and me between the captains. does still fityes. -- something happen for take off. 0ne -- something happen for take off. one of the engines heated up in some people said they had seen flames, maybe they did, but the captain decided to go back in. the worlds press watch the worlds biggestjet return. pan m. it was a stat

british airways is scrapping its entire fleet of 31 7a7s.antas also saying goodbye. covid had a devastating impact on the aviation industry. we are not anticipating seeing particularly long—haul passenger demand return out to 2024—2025. there isn't enough demand to justify the use of a very large aircraft. loyal operators of the 747 imagined their 747s having another few years before they went into a gracious graceful retirement. instead, they've just had to stop them, that's it. applause. sydney, and as a big farewell as the last qantas 7a7 jumbo jet departs australia for the breakage yard. radio: on this bittersweet day as we all suffer through this covid crisis — on behalf of australian people all over the country, many of whom have flown with you, godspeed. on board, it's a 14 hour flight to its final resting place in america's mojave desert. airlines around the world have had massive farewells to their 7a7s, but once the last champagne has been sipped, this is where it ends. these remote desert boneyards are where planes come to die. an

the boss of british airways, alex cruz has stepped down from the role with immediate affect, as the airline continue its pandemic struggle. the premier league criticises a radical plan to shake—up english football. project big picture would see the top tier cut to 18 teams, and the league cup and community shield scrapped. also coming up this hour... back in march, the former children's laureate, michael rosen was fighting for his life with coronavirus. six months on, we'll talk to him about his recovery from long covid. hello, good morning. towns and cities across england are bracing themselves for a tighter lockdown as more restrictions are expected

the chief executive of british airways, alex cruz has stepped down from the role with immediate affect the airline continue its pandemic struggle. and, the premier league criticises a radical plan to shake—up english football. project big picture would see the top tier cut to 18 teams, and the league cup and community shield scrapped. towns and cities across england are bracing themselves for a tighter lockdown as more restrictions are expected to be brought in today. rules that could drive firms out of business and put more people out of work. borisjohnson is to announce a new system of "local covid alert levels" in england, following accusations of a lack of clarity in the various restrictions in place across the country. the prime minister will tell the commons there will be three categories. regions will be classified as being on "medium", "high" or "very high" alert but it's not yet clear which measures will apply to each category. it's expected the liverpool city region will be put on the highest alert level. in a statement, the area's leaders said they had been told pubs, gyms a

i have loved every minute of my career at british airways.king down. we can see the two aircraft, one in the foreground and one further back. how doe5 foreground and one further back. how does this simultaneous take—off happen? i'm not 100%, if i'm honest, happen? i'm not 10096, if i'm honest, if that simultaneous take—off is going to happen or whether one will head out first. i am hearing it is off. so sadly, because of the weather, the simultaneous take—off cannot happen. i don't think the visibility is good enough for them to do that. it's a really complicated task. this is a live airfield. there are flights going out to destinations just before and just after and therefore, they can't get the two planes out at the same time. so they will now both depart from the north runway over there and they will head westwards, one going to campbell in gloucestershire and the other to south wales. tom, we can see people in the foreground in their high vizjackets. this is an emotional moment for some, isn't it? real emotion. there is a massive buzz air

the incoming chief executive of british airways has appealed to the british and u.s. governments to back up cover 19 testing program. the plan would require governments -- the industry has suffered massive losses. >> as the aviation industry continues to fight for survival, airlines have been keen to show that it is safe to fly again. now, british airways has become the latest carrier to make the case for this are restrictions. its new ceo urging the u.k. government to scrap or -- >> our position is that we do not believe that quarantine is the solution. we believe the best way to reassure people is to introduce liable and affordable tests before flying. >> during an online conference just two weeks after being named as the new ceo, he argued a testing pilot would help restart travel between london and new york, one of the busiest routes in the world. it does not expect demand to recover its precrisis levels until 2023. the company could cut as many as 10,000 jobs. several thousand people have been laid off. meanwhile, british transport minister graham chaps told the

british airways is saying farewell to its iconic boeing 747s this morning.ets made their last take—off from london heathrow. the reduction in international travel because of the pandemic caused the airline to pull the planes from service four years earlier than scheduled. 0ur transport correspondent, tom burridge, is at heathrow airport. tom, quite a moment? annie taylor, we are still recovering from it, the adrenaline is still pumping. but really sad, the 747s are noticeably absent from ba's fleet at heathrow this morning. they rolled down the tarmac within the last hour. we can show you those incredible images. atrocious conditions, it has to be said, but we had it covered from every angle and it was a real moment. a lot of stuff came out to cheer and wave as the planes flew off because these 7a7s, the original jumbojets, off because these 7a7s, the original jumbo jets, they really were a massive part of the fleet for british airways for decades, the original plane in 1969 really shook things up in the world of aviation. and this morning really was the end

an interesting announcement this morning from the parent company of british airways.will leave with immediate effect and that is because the airline is going through such an unprecedented time of difficulty. but alex cruz not without its critics. he presided over the baggage handling crisis at the new terminal five at heathrow, which left thousands without their bags for many days, cause disruption for planes and passengers trying to get around the world. he was also in the topjob when there around the world. he was also in the top job when there was a huge data breach and hack at british airways that leaked data from passengers to criminals. and now in the midst of what is pretty much unprecedented, as far as the crisis in the aviation industry is concerned. you touched on thejob industry is concerned. you touched on the job losses announced at ba, 13,000 of them are currently at risk. there has been a lot of criticism about how they have handled this. some suggesting staff have been forced to step down from theirjobs and then be rehired on worse terms and conditions

and farewell to the queen of the skies as british airways retires its last two 7a7s.oming up on bbc news... can northern ireland and scotland get themselves in with a chance of playing at a major tournament again? they're in action in their european play—off semis later. good evening and welcome to the bbc‘s news at six. almost 3500 people with coronavirus are now being treated in hospitals in england — the number of patients being admitted has been doubling every fortnight since the start of september. hospitals — that have been quiet over the summer — are making preparations for a second wave. some are already dealing with large numbers of covid patients. it's all had a huge knock on effect on other services. new figures reveal that more than 4 million people are currently waiting for routine operations on the nhs in england. half of them have been waiting at least four months. and more than 110,000 people in england have been waiting longer than a year. that's the highest figure since 2008. more than 20,000 cancer patients did begin treatment in august. but that's

british airways has waved its last two boeing 747 jumbo jets out of its base at heathrow.g for more half a century. the airline's entire fleet of the jets has been retired four years earlier than scheduled because of the pandemic‘s effect on international travel. 0ur transport correspondent tom burridge watched the last flight take off. the queen of the skies, on a final departure. it was over and out for the british airways 747 era. julie, cabin crew, we will bring you in. how are you feeling? so tearful, sorry. really sad to see her go. such a shame about the weather, but amazing. a glamour glider through the decades. the original version launched in the 60s and defied all the odds. how are they going to get that thing in the air? julie welcomed a listers and royalty on board. no need to go to a gym either. you become very attached to a huge chunk of metal that takes you around the world. and it is glamorous, it is iconic. and you do actually fall in love. the stretched upper deck is new to ba. in its day, the double deck was novel. it's like a private jet the double dec

british airways has waved its last two boeing 7117 jumbo jets out of its base at heathrow.more half a century. the airline's entire fleet of the jets has been retired four years earlier than scheduled, because of the pandemic‘s effect on international travel. 0ur transport correspondent tom burridge watched the last flight take off. the queen of the skies on a final departure. it was over and out for the british airways 7117 era. julie, cabin crew, we will bring you in. how are you feeling? so tearful, sorry. really sad to see her go. such a shame about the weather, but amazing. absolutely incredible, sorry. a glamour glider through the decades. the original version launched in the ‘60s and defied all the odds. how are they ever going to get that thing in the air? julie welcomed a—listers and royalty on board. no need to go to a gym either. you become very attached to a huge chunk of metal that takes you around the world. and it is glamorous, it is iconic. and you do actually fall in love. the stretched upper deck is new to ba. in its day, the double deck was novel. it's li

the chief executive of british airways alex cruz is to step down from the job, as the airline navigatesge is here. why's he off? ba was locked in an acrimonious dispute with some of its staff over the summer and alex cruz was front and centre of a proposal to effectively fire and rehire some of its long serving cabin crew on much worse terms. the real power broker in all of this, willie walsh, stepped down as the boss of the pa rent stepped down as the boss of the parent company last month and quickly after ba changed its policy and the deal was done with staff so i think the departure of alex cruz as boss of british airways today can be seen as the proverbial fresh start in that dispute, effectively. alex cruz before the pandemic, his mission was to cut costs and compete with lower cost airlines, if you judge him purely on problems before the pandemic he succeeded but his successor ta kes the pandemic he succeeded but his successor takes over in a fundamentally different time when airline bosses are wondering how to minimise losses and when they can make money again. many thanks. twitt

one quarter of the flights compared the time before the coronavirus air france cayle ambra and british airways also reducing their schedules airports or also the european airport body 8 c. eyes as the number of passengers of europe's airports fell 73 percent in september compared to the year before $193.00 mainly small and medium sized airports are in serious danger of bankruptcy in the coming months if passenger traffic does not recover the body warns in these airports provide 277000 jobs. let's get more and that's but remodel. is a senior lecturer in air transport management of cranfield university in the u.k. welcome to the program ramana many of these airports in danger are regional ones tell us about the particular challenges these airports and season. good morning well the main challenge for regional airports 1st is a quite small in terms of their traffic bowling and really. push to survive they've got to be really humbling lots of passengers and the breakeven for airports as well as run about a 1000000 passengers a year so if you're hunting less. and you're a risk of losing money it of

british airways loses its chief exec as it navigates the worst crisis facing its industry.in the sky? and no, it's not a fake tan booth, or a laundry basket, but the perfect solution for those concerned about the perils of social distancing. this is a real thing, by the way. amy coney barrett has only been a judge for three years but she's already developed a robust record on politically divisive issues. if she is confirmed she will have to deal with several highly charged topics. here's some of what we know about her views. she's been critical of president obama's affordable care act. concerning a previous ruling, she wrote, "chiefjustice roberts pushed the affordable care act beyond its plausible meaning to save the statute." on gun rights, judge barrett gave a dissenting ruling in 2019, saying the law that forbids people with a criminal conviction from owning guns should not apply if their crimes were not violent. on the death penalty, she has stated that she would recuse herself and that all catholic judges should recuse themselves in cases that conflicted with their re

the information —— information commissioner in the uk has said it has fined british airways £20 millionthe information commissioner's office is quoted as saying the failure to act was unacceptable and it affected hundreds of thousands of people which may have caused some anxiety and distress as a result. this was a cyber attack on the airline in 2018. the information commissioner fining british airways £20 million over that incident in 2018, for failing to protect the personal and financial details of more than 400,000 of its customers. health inspectors in the uk have raised concerns about the millions of people who could have missed out on care as a result of the covid—19 pandemic. since it started, gp surgeries have offered 26 million fewer appointments compared to last year, according to nhs figures. the care quality commission is warning that the number of "lost" appointments could mean cancer diagnosis has been delayed while other long—term conditions may have worsened. as we've been reporting, parts of the uk are seeing a new round of restrictions. ruth cottle is a new mum and is

british airways chief executive alex cruz has stepped down after li.5 years in the role.company of british airways. now headed up by a man called luis gallego, who replaces himself. willie walsh, many viewers will know willie walsh headed up ba for a long time, and then the parent company, iag. what we're told is that alex cruz will leave with immediate effect and that is because the airline is going through such an unprecedented time of difficulty. but mr cruz not without his critics, too. you may remember that he presided over the baggage handling crisis at the new terminal 5 at heathrow, that left thousands without their bags for many days, caused disruption for planes and passengers trying to get around the world. he was also in the top job when there was the huge data breach and hack at british airways that leaked data from passengers to criminals. and now in the midst of what is pretty much unprecedented, as far as the crisis in the aviation industry is concerned. you touched on the job losses that have been announced at ba, 13,000 of them are currently at risk. the

the parent company of british airways says it is cutng its fourth-quarter passenger forecast.s only 30% of last year's level. they have suffered an operating loss of 1.3 billion euros. last year, they had a profit of 1.4 billion. according to the company, they reduced the forecast because of restrictions imposed to limit this part of covid-19. and china is warning sweden of tit-for-tat action after their telecoms regulator banned china from their networks. they said they will move away from them by 2025, citing national security concerns. china's foreign ministry said it was dissatisfied with the decision, cutie -- accusing the swedish government of suppressing chinese companies and politicizing corporations. >> the swedish side should hold a fairview to correct the mistake in their decision and avoid bringing a negative impact on business between china and sweden, and the negative impact on swedish companies' operations in china. >> now for a che of the markets. stocks on amex note, -- stocks closing on a mixed note. in london, closing up. in the u.s., all in the green, the d

it was over and out for the british airways 747 era. julie, we will bring you in.orry. a glamour glider through the decades. the original version launched in the ‘60s and defied all the odds. no need to go to a gym either! julie welcomed a—listers and royalty on board. old newsreel: the stretched upper deck is new to ba... in its day, the double deck was novel. it's like a private jet up here. it's still pretty cool today. i know somebody whose grandma boarded a 747 and thought she was still in the departure lounge because it wasjust so big. she didn't realise and she kept saying, "when are we boarding?" the dress code changed, the food got better, but there were millions of miles and millions of 747 memories. i think everyone knows the jumbo. it was borne out of the moon landing age 50 years ago and it has been with us ever since. you can recognise it. you just see it when you get to the airport. it stands out, it's iconic, and customers, colleagues and anyone who has had anything to do with the jumbo just loves it. captain al then at the controls as the plane tax

quarter last year partly thanks to more ads on its video service you choose the parent company of british airways of area and air lingus says its passenger capacity fell by almost 80 percent in the 3rd quarter of this year so far this year i agee has let go of $10000.00 employees as part of a cost savings. japanese factory output rose 4 percent as of temper the latest sign of a manufacturing recovery in the nation as well as growing demand overseas is the 4th month over month improvement in industrial production for japan an uptick in car and machine manufacturing provided the biggest post. the u.s. government has agreed to extradite these 2 americans to japan to face charges related to former nissan chairman carlos gold's flight from justice the 2 men are accused of helping mr gone fleta levanon by packing him into a large musical equipment box a u.s. court is reviewing the extradition order. now after 4 days of internal discussion china has laid out its 5 year plan for the country's economy one key part of the plan beijing says it wants to become more self-sufficient in production and consumpti

of over a 1000000000 euros the competition didn't fare any better between july and september british airways parent g. piled up an operating loss of 1300000000 japan's flag carrier japan airlines lost over 3 quarters of a 1000000000 euros during the summer months. most times it is also struggling it's quarter loss was slightly over 100 quarts of 1000000000 euros airlines are all shouting stuff from grounding and toilet fleets and with no real improvement in sight they're bracing for an especially miserable winter. and given all the troubles in the aviation sector it may seem like a strange time to open a new airports but the long awaited opening of berlin brandenburg international airport is finally happening on saturday 9 years late the project was initially estimated to cost $1700000000.00 euros but the final bill is over 3 times that amount of the airport was designed for $27000000.00 annual visitors but with a grand opening in the middle of the global pandemic it's estimated the new airport will operate at only 20 percent capacity next month. let's go to football now and in the going is

he is now out as head of british airways.zeneca, more news around their research for the coronavirus. they are entering the late trait -- late trials. they have received $486 million to support the research and as part of the deal, they will give 100,000 doses. anna: dani burger with your stocks to watch. the market open. four and a half minutes to go until the opening of the market. ftse futures looking decidedly sluggish this morning. this is bloomberg. ♪ a minute to go until the start of cash equity trading for another week. tipping points. boris johnson is set to tighten u.k. restrictions after a spike in coronavirus cases. britain's ugly headache -- angela merkel saying significant gaps remain in brexit trade talks. and stimulus clash. president trump and nancy pelosi lack ofch other for a progress on a second package. larry kudlow expects more negotiations this week. matt: take a look at futures. here we are -- we have seen london treading water but it is now down. euro stoxx 50 futures are gaining about one third of 1%

british airways bids farewell to its last boeing 747 jumbo jets — four years earlier than planned due

the british airways boss is being replaced with the head of air lingo.oyle replaced him as chairman of the u.k. airline after transition. he is leaving after being passed who was the group chief initially seen as a likely successor. overbeen criticized service changes. that's your bloomberg business flash. scott says the main street lending program has been a disaster. he told bloomberg the u.s. has done permanent damage. what is therns on definition of stating the economy. if they can put this package that's proposed, that is probably enough to buy us another three to six months. it won't come in time to make a difference for november. the impact may be starting to be like christmas. the cares act for instance the existing program has done very little to lift structural growth for the long term. >> monetary policy has would save the market in a lot of ways. a lot of these bigger businesses have been able to keep financing. how would you compare that to the access to credit for smaller businesses, having seen so many shut down already? >> i think with th

british airways replacing c.e.o. weeks after changes at the parent company.ving been passed over for the top job. he'll be succeeded by sean doyle who returns after two years running aerlingus. he was seen as a replacement to billy boss but missed out earlier this year. haslinda: as airlines across the world have most jets grounded, singapore airlines has found a novel way to entice passengers on board. ticks for its pop-up restaurant in a super jumbo sold out in half an hour. i was among the naysayers. i didn't think there'd be demand for it but hey, people were willing to spend 600 sin gmbing h dollars to dine in the suite class. they'll be served lobster thermidor. are you in or out? yvonne: no. i'm out on this one. i mean $600, i could probably go somewhere else and have a nice meal and not get stuck in an airplane. but i guess it goes to show the ways that airlines are doing, what they're going through right now to try to make some money as of course the coronavirus has plagued the industry. you saw qantas selling those carts. my husband wants one of tho

all of this as british airways looks to cut 13,000 jobs and is embroiled in a dispute with the unionut it does mark a big change since iag took the helm so he is putting his stamp on the business but the stock you can see down 1.25% as markets focus very much around the second wave of travel restrictions back to you in the studio. new this morning, the ceo of regeneron says the companies promising treatment for covid-19 must be rationed he says there's not enough of the experimental antibody cocktail that president trump received to treat the many americans that may need it there's currently doses for just around 50,000 patients the ceo says president trump's case is merely a case of one and the treatment is still -- it will need to be tested more for its efficacy before it's really known whether or not it can be deployed out more broadly. you can see regeneron shares up in the premarket section the financial times reports the company that makes software to help companies build website hired a cfo from booking holdings, the online travel group but square space's founder and ceo says

this is the owner of british airways, and it is cutting back its schedule with the new management teamace. .5%.zeneca up over the last 24 hours we saw a news coming out, reports suggesting somebody on its trial had died, and then there was news coming up suggesting that person had been giving a placebo. the stock bouncing back sharply. then we come to luxury sector. an area we are seeing strength. seems banks are almost becoming an asset class in their own right. alix: let's dig deeper into luxury sector following the third quarter sales rate. joining us on the phone from milan is francesca dipasquale --y a, head of global luxury francesca di pasquantonio. from your perspective, it was helped by asia and china sales, europe and the u.s. not as good. can the bifurcation continue? francesca: yes. good afternoon. thank you for having me. i think you know the trends of asia and the trends of china in particular is eight team that -- is a themering that has been occurring. spendingepatriation of is what is driving this trend of the market. with chinese spending all concentrated domestically

british airways is replacing its ceo weeks after high-level changes at its parent company.cruz is leaving the carrier having been passed over in january for the top job. he will be succeeded by sean doyle. southwest aims to buff the industry trend of cutting flights by opening up in chicago and reviving its presence in houston. it sets up a clash with united and american as the airline travel demand edges up. southwest left bush international in 2005. coming up, we will discuss the impact on energy markets, china's australian coal ban with tim buckley. this is bloomberg. ♪ hope it doesn't cost too much. i hope my insurance pays for it. can you tell me how much this will be? - [cashier] 67. - sorry. - wait, have you heard about goodrx? goodrx finds free coupons to help you save up to 80% on your prescriptions. - wow, i had no idea. - [announcer] goodrx, stop paying too much for your prescriptions. karina: you are watching daybreak australia. we begin with our top story. hopes of a stimulus in washington are fading. how slim makers told not to it -- house lawmakers told not t

the chief executive of british airways alex cruz has stepped down from the role with "immediate effect chinese city of qingdao will have its entire population of nine million people tested for covid after a handful of new infections. and the premier league criticises a radical plan to shake—up english football. "project big picture" would see the top tier cut to 18 teams, and the league cup and community shield scrapped. we are going straight to that briefing with jonathan we are going straight to that briefing withjonathan van tam. i'm joined today by stephen powis, medical director of nhs england and on my left by professorjane eddleston who is executive medical director of manchester university's foundation trust. may have the first slide, please? iwould like foundation trust. may have the first slide, please? i would like to begin by showing you some data which is releva nt to by showing you some data which is relevant to where we are now. if we could please focus on the top side, the sliderfor the could please focus on the top side, the slider for the united could please focus on

cruz, theoday is alex man who has been sharing british airways, part of iag, will be stepping down.ember william walsh, who has put them in that job, has recently stepped down. iag trading at 101. allegro, this is an incredible story. finishing almost exactly on 70. we are trading up 62.79%. this is the commerce platform out of poland and the stock is searching much more than a lot of people anticipated. a very positive first day of trading from a price point of view. can definitely say positive on that one. for more on the debut of allegro is it ceo, francois nuyts joining us from warsaw. congratulations on this strong trading debut. you are clearly reaping the benefits of this e-commerce world, spurred in large part by the pandemic. how long can your new investors expect this to continue? francois: thank you. we are focused on what pleases our customers, and the kind of company that allegro is normally exists in other continents. we were born 20 years ago. you normally see that in the u.s. and other continents, not so much in europe. i think there's a lot more growth ahead of us.

and the eu over the giant and boeing >>> moving on to iag which has replaced the boss of british airways have put sean doyle into the job, taking over from alex cruz the move comes as part of several management changes enacted by luis guego as the group struggles with the impact of the pandemic and the slump in travel and the stock price traveling weaker today, as you can see >>> let's move on tos astrazenea which has received phase iii trials with hopes that the british pharma company will be able to provide up to 100,000 doses by the end of the year and the stock price climax positive, about a tenth of a percent positive the british government today will unveil fresh local lockdown measures for england, with liverpool set to see the tightest restrictions. the prime minister will present the latest changes in the commons before giving a press conference in downing street this evening uk communities secretary robert generick defended the curb >> all the number of cases are rising rapidly across the country, there are still huge variations if you go to north norfolk, the latest statistic

of over a 1000000000 euros the competition didn't fare any better between july and september british airways parent g piled up an operating loss of 1300000000 japan's flag carrier japan airlines lost over 3 quarters of a 1000000000 euros during the summer months. times is also struggling its 3rd quarter loss was slightly over 100 quarter 1000000000 euros airlines are all shedding stuff and grounding entire fleet and with no real improvement in sight they're bracing for an especially miserable winter which brings us to our next story that misery from last tons of may yet claim another casualty its in-house flight academy once a steady supply of recruits for the flight deck of the training center is future it now hangs in the balance. soaring frees a bird over a picturesque scenery lucas hiram has often looked at these images of the last ounce of pilot training program in the us. technically the 22 year old should be sitting in the cockpit himself right now a year ago he began following his dream of becoming a pilot at lufthansa as european flight academy and braman. but instead of flying a pl

crews will step down as chief executive of british airways as part of a wider management shakeup at its parent company i.a.g. cruz have been overseeing a restructuring that's already seen some 8000 jobs cut and we replaced by sean chief executive of irish block area lingus. china and cambodia signed a free trade agreement according to the chinese communist ministry talks on the deal were already completed in july and you will trade between china and cambodia is worth around $8000000000.00 u.s. dollars. and over a 1000 workers from milan's entertainment industry of how the large protest outside the italian city's famous cathedral over pandemic restrictions hits in the sector observing distancing rules as they bank equipment cases they called for new regulations to allow them to work more. now we've just heard how the coronavirus pandemic has devastated many industries where as an example of at least one sector that benefiting from it china's gaming industry is booming again despite strict censorship rules until a short while ago those rules proved too harsh for some companies which went

alex cruz will step down as chief executive of british airways as part of a wider management shakeup at its parent company i a g cruise had been overseeing a restructuring which had already seen $8000.00 jobs cut he will be replaced by shaun doyle chief executive of irish like area adding gets. over a 1000 workers from milan's entertainment industry held a large protest outside the telly in city's famous cathedral at the weekend over pandemic restrictions hitting this ticked up observing distancing rules as they bang to quitman cases they cold when you regulations to allow them to work more. well talking about coronavirus restrictions the pandemic has forced a major changes in the way companies do business some are profiting from the crisis such as online retailers and delivery services of this are struggling to survive or they're actually on the brink of bankruptcy the same thing goes for u.s. firms in germany the american chamber of commerce in germany did a survey which found that in spring 82 percent of u.s. companies still expected higher turnover in 2020 well by autumn this upb

companies and organisations try to cope with the pandemic, such as british airways, deutsche bank, theyollections. joining msjean—luc reed had a finite. they keepjoining us. it seems there are very mixed reasons as to holding the art. you see the hockney, that must‘ve been hard the royal opera house to let it go. perhaps it's different if you are da with a few trophy portraits. for the royal opera house, there is an emotional attachment to that hockney because it represented someone who is very important for the development of the opera house but companies like ba and the royal opera house, they have to look and see what is in the kitty. | look and see what is in the kitty. i suppose there is a pa rt kitty. i suppose there is a part of us which goes out, to the heart, you've got to do something that you cherish, but it was an investment. i don't think people look at those corporate art collections as an investment. in this case, they just commissioned a great artist of the time to paint one of their patrons. that's what they did it. and itjust happens that it was david hockney in the ea

of over a 1000000000 euros the competition didn't fare any better between july and september british airways parent i agee piled up an operating loss of $1300000000.00 japan's flag carrier japan airlines lost over 3 quarters of a 1000000000 euros during the summer months of terms is also struggling its 3rd quarter loss was slightly over one and a quarter 1000000000 euros airlines are all shedding stuff and grounding entire fleet and with no real improvement in sight they're bracing for an especially miserable winter. which brings us to our next story that misery from tons of may yet claim another casualty it's in how if flight academy once a steady supply of recruits for the flight deck of the training centers future it now hangs in the balance. soaring frees a bird over a picturesque scenery lucas hiram has often looked at these images of the last ounce of pilot training program in the u.s. . technically the 22 year old should be sitting in the cockpit himself right now a year ago he began following his dream of becoming a pilot says european flight academy and braman. but instead of flying

of the other business stories making the news alex cruz will step down as chief executive of british airways as part of a wider management shakeup at its parent company i.a.g. crews have been overseeing a restructuring that's already seen some 8000 jobs cut it we replaced by sean chief executive of irish block area. china in cambodia signed a free trade agreement according to the chinese communist ministry talks on the deal were already completed in july and you will trade between china and come by a year's worth around $8000000000.00 u.s. dollars. and over a 1000 workers from milan's entertainment industry of how the large protest outside the italian city's famous cathedral of a pandemic restrictions hits in the sector observing distancing rules as they banged equipment cases they called for the new regulations to allow them to work more. now we've just heard how the coronavirus pandemic has devastated many industries where as an example of at least one sector that's benefiting from it china's gaming industry is booming again despite strict censorship rules until a short while ago those rul

, i know the way you like everything to be perfect and instead of coming down and , itng the british airwaysthree-story building, right ? if it's raining or the wind is blowing -- the little one is a different deal, but the big one, by the time i come down that -- sometimestime i'm like that. the wind is blowing. does anybody have a mirror. sir, we can build a new stairway. it's a spiral stairway. i said that's a great idea. i said, how much? he said, 50. i said, well. i'll take it. i said, i'll take it. for $50,000 -- no, sir, $50 million. i said, i don't want this for $50 million. for 50. we can build it that's a lot of money for a stairway. we can do it for $50 million. so i decided to let my hair get messed up, right? story on the beautiful air force one. that i imagine after all better win this contest. sleepy joegine -- would not even know what plane to get on. at this is very nice. how old is this plane, he was a? brand-new, sir, brand new. you have to see the striking. it's incredible. there will be nothing like it. he won't appreciate it. so, that is a story i could tell . i could s

british airways is cutting its flight schedule for the rest of the year as it reported a third-quarter billion, huge. the airline said it will find no more than 30% of its usual fight compared to last year meaning that airline won't even be able to break even through the end of this year, but the carrier says its liquidity and balance sheet is a strong, fewer than 60% of the seats filled on slides operating between july and september compared to last year with brevity-- revenue down. also because of the second wave of the virus in europe new restrictions being imposed by eu governments, overall bookings have not developed as expected, just a 30% schedule from now until the end of the year, pretty grim. stuart: i would agree. thank you. amazon going to pay shoppers for their data. tell me more, lauren? lauren: what can go wrong? a new program and it lets you upload your receipts for things you buy at non- amazon stores and when you reach 10 in a month they will give you a 10-dollar credit to amazon or donate the $10. amazon said they will use the data so they know what you like and ther

british airways chief executive, alex cruz has stepped down after four—and—a—half years in the role.was tasked with driving through thousands ofjob cuts at the airline. he has been replaced by sean doyle, who is the boss aer lingus. all pregnant women are being encouraged to take up the offer of a free flu vaccination before the winter. health experts say the jab is even more important than usual, because of covid—19. more people have been offered the vaccine this year — anyone over 50 in england is also eligible. rugby league star rob burrow was diagnosed with motor neurone disease in december last year. a bbc documentary this week follows the former leeds rhinos player and his family as they raise awareness of the degenerative condition, for which there's currently no cure. sally nugent reports. i've been following rob since the start of the year. in that time, i've discovered that he's all about two things — his family, and his rugby family. rob's parents inspired his love of rugby league. go on, rob. a journey which took him from this field in featherstone, to wembley and old tra

british airways retired its last because covid-19 has devastated air travel.ost 50worked years, flying 104 million miles. they operated 57 jumbo jets at once. they were only confident with credit -- cabin crew on board. the malaysian opposition leader says he will meet the king next week to offer proof he has enough support from lawmakers to form a government. last month he said he has the numbers to top of the prime minister, raising speculation he may demand an election. the prime minister rejects it, saying he remains the legitimate pm. he accuses him of selling political unrest. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 120 journalists and analysts, i'm karina mitchell, this is bloomberg. haslinda: let's take a look at the markets. asia lackluster. lacking direction as investors are mulling the prospect of a stimulus package. futures pointing to a higher in the u.s. stocks at five-week highs. a biden victory projected. a weak dollar scenario. down by .2%. brent crude above $43 a barrel. coming down about half a pe

and leisure on the upside, which might be slightly surprising, it given what we have heard from british airwaysow particular stock performed out of the gate, but others in the leisure space moving to the upside. let's get a bloomberg first would update with laura wright. in agreement and site. negotiations will begin in london today with an accord by the middle of november. it comes at less than a week after prime minister boris johnson suspended the discussions, saying the eu was not. willing to compromise. . the first sign of progress on a stimulus deal in washington, but senate republicans are continuing to raise objections about the size of the package. a spokesperson for speaker nancy pelosi says the house and white house are getting closer to an agreement. they will hold off on a vote until after election day. -- has tell bloomberg not received the company's vaccine. its partner, oxford university, says it has no concerns about safety. program.s., vaccination warp speed said it it receives -- if it receives a vaccine from johnson & johnson and astrazeneca, it will start this week. peoples

british airway's chairman and ceo is stepping down. he will be replaced by sean doyle. they say they are trying to navigate the worst crisis faced by the industry and this management shakeup well ensure it's well placed to emerge in a strong position. futures this morning are mixed, we are headed into a big week of third quarter earnings. it's kicking off this week with names like jp morgan, johnson & johnson and goldman sachs, delta airlines reporting quarterly results this week. investors hoping for better than expected numbers as parts of the economy reopen. let's see what this does to markets. joining me now is federated chief equity market strategist, phil orlando. joining the conversation all morning is dagen mcdowell and pollster and the president of maslansky and partners, lee carter. great to see everybody this morning. thank you for being here. happy monday to all. phil, let me kick it off with you. what are your expectations this week for earnings that we're going to see and how do you think this sets the tone for the rest of the year? >> so, remember back in

british airways chief executive, alex cruz has stepped down after four—and—a—half years in the role.or less everywhere as we go through the course of the day. we have a couple of weather fronts moving across us, a little ridge of high pressure in the south—east. for the south—east, dry at the moment, relatively bright but not going to last. we have the rain already in the north and west, that is what is coming our way, moving steadily eastwards through the course of the day. also quite gusty winds coming in from day. also quite gusty winds coming infrom a day. also quite gusty winds coming in from a north—easterly direction. the strongest winds will be with exposure and western areas, 40—50 miles an hour but also a little sunshine in some parts of the west but not until much later in the south—west. mid afternoon, the rain across the channel islands, southern counties, into the midlands and east anglia and kent. showers across wales, one or two north—west england and northern ireland and also parts of western scotland but here there will also be some sunshine. temperature wise, rangi