ski resorts to the alps, ca nary easyjet. ski resorts to the alps, canary islands easyjet.not go there. lots of cancellations at gatwick with hebrew and british airways. we had the first two diversions into gatwick. if you have friends coming in from barcelona on the share is, they are going to heathrow. if you have friends coming in from rome into gatwick, they are in paris. what about the fairies? they have had a bumpy old day in every sense. in dover to calais, they have been... the fts has focused on dunkirk and across the irish sea it has been all over the place. lots of cancellations into ways and we have seen pretty much all of the fairies on the western isles either cancel or run it with severe delays. —— all the ferries on the i'll. you wouldn't want to be on both of these conditions. chris you are worried about aspects of the system overnight for some tell us what is like it to happen tomorrow stop at a slow moving parts of the weather system going across wales, south wales in south—west bedminster night... connect that will bring pulses of heavy rain. you have 45

and ryanair have gone under people like easyjet and rya nair have complained gone under people likenair have complained to say why are they getting this unfair advantage before the people who used flybe were taken from smaller regional airports and have a quiet word with the news and these are the ha rd word with the news and these are the hard choices that the new chancellor has to face when he comes to his first budget. we have to leave it there but we will do it all over again at half past 11 p:m.. thank you both very much. that's it for the papers this hour. sbeastian and grace will be back at 11.30pm for another look at the papers. and don't forget, you can see the front pages of the papers online on the bbc news website. it's all there for you seven days a week at bbc.co.uk/papers. and if you miss the programme any evening, you can watch it later on bbc iplayer. thank you, sebastian payne and grace blakeley. goodbye. good evening. it has been a day of blustery showers, particularly the further west you are. and the winds will remain a feature through the night and into tomorro

easyjet have confirmed they have cancelled 234 flights in and out of the uk.speeds are forecast to reach 70mph along coastlines and the environment agency warns homes are at risk of flooding there are more than 160 flood warnings and alerts across the uk. the armed forces have been deployed to west yorkshire to support the ongoing recovery from last weekend's flooding and in preparation for storm dennis. jon donnison reports. after last weekend's pummelling from storm ciara, britain is now bracing for storm dennis. in hebden bridge, in west yorkshire — so often the victim of flooding — people are once again preparing for the worst. the anxiety levels are a little high. but we've left the flood defences on the back door, we'll put them on the front door tonight. and then we willjust wait and see and see what happens, really. slowly move any valuables and things upstairs. just down the road in mytholmroyd, they are trying to shore up the only part—built flood defences. it's terrifying, the impact on the community is massive. we've lost all the shops, all the bus

and easyjet have made a statement. as well. all because of storm dennis. here's ben with a look at this morning's weather. good morning. really atrocious weekend to be out and about, some disruptive weather and potentially dangerous weather thanks to storm dennis. very windy through the whole weekend, so that could cause some damage but i think rain is the main concern and the met office has issued a number of amber warnings for heavy rain and we could see a month's weather of rain in places, so flooding is very likely. this is what's going on on the satellite, see this area of cloud developing a hook and then a swell. what we have is an area of low pressure that's been deepening extremely rapidly as it's moved across the atlantic. that low will sit and spin throughout the weekend, various pulses of heavy rain around it and that long lasting speu rain around it and that long lasting spell of very strong and gusty winds. this is how today is looking, some dry weather to start in central and eastern areas and then we see

easyjet have said this morning they will cancel some flights to and from italy. stop the spread of the virus from there? we know there is that zone in italy that is quarantined and ring fenced. we don't really know the levels in other parts of italy and we don't know all the details. this is always a matter of being vigilant and careful. this is a rapidly evolving scenario and the sharing of information is hugely important. contact tracing, understanding the spread and understanding how the disease is coming in. it's not a matter of stopping travel, it's understanding who has got the disease and understanding that when we know that they are isolated from the rest of the community to stop the rest of the community to stop the disease spreading in the community so the idea is to contain the disease. there is still an element of containment and delay a sudden spike in cases. it's notjust about transport, it's about awareness, people taking their own hygiene messages seriously. the message we keep saying time and time again, and it is important, wash your hands prope

british low cost airline easyjet says it's witness a significant soft softening of demand as a result of the virus the drop was primarily on flights in and out of its northern italian bases so far this year easyjet shares have fallen more than 20 percent. british airways says it's expecting a drop in profits this year due to cancel flights off the back of the coronavirus flights to and from china italy singapore and south korea have been canceled. now the growing spread of the corona virus is also sparking the sell off of so-called pandemic bons there an initiative of the world bank the bonds aim at shifting some of the burden of preparing against the pandemic on the financial markets instead of on the low income countries themselves that are most at risk of a pandemic but now is the risk of a coronavirus pandemic grows the potential for a payout on the bonds shrinks and that's part of the sell off. the world's largest retailer wal-mart is developing a paid membership program to challenge amazon prime service is to be called wal-mart plus it's set to be built on the retailers existing

british low cost airline easyjet says it's witnessed a significant softening of demand as a result of the virus the drop is primarily on flights in and out of its northern italian bases so far this year easyjet says a full in more than 20 percent british airways says it's expecting a drop in profits this year due to cancel flights off the back of the coronavirus flights to and from china italy singapore and south korea have been cancelled. and india's economy grew at a slightly quick a pace last quarter gross domestic product expanded by 4.7 percent here on year but analysts warn the coronavirus is likely to mute growth in the current quarter. well a growing spread of the corona virus is sparking the sell off of so-called pandemic bones their initiative of the world bank the bones aimed at shifting some of the burden of preparing against the pandemic onto financial markets instead of on low income countries most at risk of a pandemic but as the risk of a run of virus grows the potential for a payout on the bonds shrinks and that spot is still. a reporter sullivan is following this sto

but it is low cost airline easyjet says it's witnessed a significant softening of demand as a result of the bars the drop is primarily on flights in and out of its northern italian bases so far this year easyjet shares of folding more than 20 percent. and british airways says it's expecting a drop in profits this year to cancel flights on the back of the coronavirus flights to and from china italy singapore and south korea have been cancelled. the growing spread of the coronavirus is sparking a sell off of so-called pandemic bones there an initiative of the world bank the bones the aim it shifting some of the burden of preparing against the pandemic onto financial markets instead of low income countries most at risk of a pandemic but now as the risk of a coronavirus pandemic grows the potential for a payout on the bonds shrinks and that's the selloff. a report on other sullivan is following this story for us. this is very very timely or odd timing i guess you'd have to say author. these holders basically cutting their losses yeah and that is basically what happened so as the reporter

even companies like easyjet are down.by the incident in the canary islands but there is a concern about how long this is going to continue on over the last 12 months, airline stock prices we re months, airline stock prices were performing quite well. we've gone back to where we we re we've gone back to where we were about two years ago. but the industry is extremely resilient. we'll be talking about and standing airline performances. the airline share prices will benefit from bargain hunters who think was the storm of this virus has been weathered, people will start travelling again. for the airlines, it's a double hit. notjust airlines, it's a double hit. not just not flying airlines, it's a double hit. notjust not flying to china but load factors are falling quite significantly when that happens, as you say, the prices come down. if you're brave enough, there are some great bargains to be had out there but you take about, does the flight but you take about, does the flight operate at the end of the day? how do airlines b

easyjet have confirmed they have cancelled 23a flights in and out of the uk. are forecast to reach 70mph along coastlines, and the environment agency warns homes are at risk of flooding. there are more than 200 flood warnings and alerts across the uk. the armed forces have been deployed to west yorkshire to support the ongoing recovery from last weekend's flooding and in preperation for storm dennis. helena wilkinson sent this report from gatwick airport. amongst the first evidence of damage by storm dennis was here in south wales. this is a village where people's homes are already under serious threat. in calderdale and ilkley in west yorkshire, the army has arrived. areas that were hit badly by last weekend's storm, where a month's rain fell injust12 hours. they fear the same may happen again. the army have been busy putting up barriers this afternoon to strengthen the flood defences. the first thing they will provide is reassurance, reassurance to people that we are doing everything we can to keep them safe during storm dennis. the second thing is that we a

easyjet have confirmed they have cancelled 234 flights in and out of the uk.eeds are forecast to reach 70mph along coastlines and the environment agency warns homes are at risk of flooding. there are more than 200 flood warnings and alerts across the uk. the armed forces have been deployed to west yorkshire to support the ongoing recovery from last weekend's flooding and in preperation for storm dennis. helena wilkinson sent this report from gatwick airport. a relative calm before the storm. still clearing up from storm ciara last weekend, residents in the calder valley are bracing themselves for another onslaught. this area has borne the brunt of the bad weather. flooding is expected later, which could further devastate this community. the army has been deployed here in calderdale to help once the storm hits. the first thing they are going to be providing is reassurance to people that actually, we are doing everything we can to keep them safe during storm dennis. the second thing is that we're actually, with their engineering experience, basically check our r

easyjet have cancelled around 350 flights over the weekend, almost 100 from here at gatwick.ghts were grounded, most of them british airways. by late this afternoon, nearly 30 flood warnings were in place across england. with eight weather warnings covering most of the uk, meaning flooding could cause a danger to life. back in west yorkshire, the army and the environment agency continue to do what they can to protect communities and reassure residents. helena wilkinson, bbc news. phil bodmer is in hebden bridge in west yorkshire which took a heavy hit during storm ciara last week. in the last hour of the weather has deteriorated as storm dennis begins to unleash its might, and this is hebden water, which runs into the river calder about 200 metres from here. the water level is running very fast and it is beginning to come up. this is one of a number of rivers in the calder valley which are under threat of overtopping. last week if i was stood here the water level would be up to my neck and beyond and we are expecting it to rise tonight. there are a number of amber warnings in

with easyjet confirming they have cancelled 234 flights in and out of the uk.elena wilkinson reports. a relative calm before the storm. still clearing up from storm ciara last weekend, residents in the calder valley are bracing themselves for another onslaught. this area has borne the brunt of the bad weather. flooding is expected later, which could further devastate this community. the army has been deployed here in calderdale to help once the storm hits. the first thing they are going to be providing is reassurance reassurance to people that actually, we are doing everything we can to keep them safe during storm dennis. the second thing is that we're actually, with their engineering experience, to basically check our river walls and reinforce them where there are weaknesses. as well as the army, volunteers are preparing for what is to come. across most of the country, there are severe weather warnings in place. forecasters say that a months worth of rain could fall in some places. this is sidmouth in devon, where storm dennis has already made an entrance. and

stocks like easyjet, i think easyjet is now down around 30%. aggressive. easyjet today down 9%.8%. the wpp group out with numbers. you do not want to come out with a bad set of numbers today. wpp group down nearly 16%. a tough day. the story continues as it has been. at least there was an earlier low, at least there was an attempt at a bounce. whether that is convincing, we will see is the u.s. session progresses. close. the european vonnie: the bounce comes at a time saying the third part of the coronavirus test in the united states will be waived. new rules that they can speed up these tests and get more correct testing done. that through the market for a moment but now we are down again 3%. this is a broad selloff on more than just the prone a virus spreading. 3048 is our 200 day moving average. we have spent time below that today and sometime above it. the 10 year yield is well off its lows. we are at 1.28. that is still well below the previous record, which was 1.3180. one -- wetching the were watching the 1.3180 mark yesterday until we did blow through it. the vix is more

easyjet was out with another warning after planning on holding act other flights. is also getting hit. the entire sector is getting hit hard. francine: thanks very much. next, we are live in italy. more onve plenty italian bonds and how they compare to german bonds. this is a bloomberg. -- is bloomberg. >> there is a general recognition that we are not ready for big outbreaks and we are playing catch-up right now. >> the united states government must address the spread of the deadly coronavirus in a smart, strategic, and serious way. >> we have done an incredible job. it's going to disappear one day. it's like a miracle. it could get worse before it gets better, it could maybe go away. francine: that some of what we heard yesterday on the virus. let's get to maria tadeo in naples. how much is the government at fault here? thehere is huge pressure on administration to show it is able to tackle the virus. italy is a focus point for the outbreak and its striking we have gone from five cases to 650 confirmed here. what's interesting is the government says they are read

history share prices of course dropped especially in the aviation sector tons of british airways easyjet you name it they all have to stop flights to the affected region business trips are being canceled but also the luxury sector companies like you would be tall feeling the pinch because china is a huge market and people not going out to buy things that mean sales are down. tourism leisure in general of course suffering disney land in tokyo and in shanghai and in hong kong closing down and i feel all of that is just the tip of the iceberg there's a lot of fear a lot of anxiety associated with this and it's really not just china anymore the virus has spread to over 50 countries could there be a global recession all the way on top of all this uncertainty coronavirus comes at a time when the global economy is already very fragile after a very prolonged u.s. china trade war u.s. trade friction with with europe as well you have geo political crises you have climate change you have brics it so all of that is playing into it and now with the virus spreading as you say this fear that it's not j

on sunday low visibility has caused hundreds of lives to be grounded or diverted to other airports easyjet ryan air and judge 2 are among the airlines affected. the coronavirus epidemic could put an already fragile global economic recovery address the international monetary fund has warned at a meeting of the g 20 finance ministers in reality economic affairs commissioner paulo gentil only said the g 20 was ready to react with pro growth policies meaning more government spending on infrastructure and aid for ailing businesses affected by the outbreak many ministers also said they wanted to keep their monetary policies moves. in prime minister narendra modi has welcomed u.s. presidents donald trump on his 1st official visit to the south asian subcontinent the trip comes amid simmering trade tensions with delhi and last year's tit for tat to terrorists the united states is india's 2nd largest trade partner after china but in $29000.00 the u.s. ended up with a deficit of around $23000000000.00 in trade with india and washington demands india must buy more american farm goods if it wants reins

of you know, manchester city, they cancelled the match, lots of trains cancelled, lots of flights, easyjet a big day for people having their lives affected by this storm. it is going to go on for the next few days. leave it could be a much bigger day in terms of transport tomorrow. people not travelling on a sunday. let's go to the telegraph, on the coronavirus story, they have got, they are talking about a super spreader. what exactly is a super spreader. what exactly is a super spreader and who is the super spreader? well, we don't know who the super spreader is but we it is defined as someone not showing signs of the virus but is still able to spread it. and probably quite highly contagious. certainly he seems to be super at spreading it. a number of people from the conference he went to at singapore to the ski holiday he went to afterwards. the time he we nt he went to afterwards. the time he went to the pub. not his fault. he appears to be having a very nice time right up to the point where he showed symptoms. that is not very nice. in the times it doesn't say he was suffering from co

easyjet stock price down 27% in the last two weeks as well just like lufthansa. here in america they've canceled flights to china and starting to cancel flights to hard hit places like japan and singapore as well. it's happening everywhere. i grew up in the san francisco bay area. and i remember as a little kid we once took a school trip where we all went in and rode the cable cars in san francisco and they gave us the tour and showed us how everything works. and i remember it was very cool they showed you how they put these cable cars on these lazy suzens and swing them around in another direction. it's all burned into my mind. it's 40 years ago, right? but one thing that really stuck with me about that school trip i remember is when they showed us the braking systems for the cable cars i think it's like squeezing the rails to bring the cable car to a gentle if squeaky halt for normal braking operations. but i remember they also showed us the emergency braking system, too, if the normal brakes weren't up to the task or if they fail. and the emergency braking sys

in the past hour — easyjet has announced it is trying to trace other passengers who might be at risk under new measures, the department of health says people with coronavirus can now be forcibly quarantined and will not be free to leave. i've been getting more details from our health correspondent, philippa roxby. up until this morning, we knew that there were four new cases of coronavirus in the uk, the student in york and a relative, both chinese nationals. there was another man in brighton who had come via brighton, and another contact of his who had also caught it in france. this morning, we realised there is another four cases all linked to the ski chalet in the alps where the men from brighton was for a few days, those four cases have returned to the uk, there are now eight in total. he is being dubbed a super spreader? yes, that is a difficult term, we don't know what that means it yet, it is certainly true that he is linked to five of these cases. of course, he was in very close contact with people on holiday, in a chalet. lots of opportunity for cough droplets to be passed a

here in the uk, easyjet has seen its shares fall by around 18% in just the past week. expected to cost airlines dearly with the industry body iata saying the coronavirus outbreak will cost carriers almost $30 billion. with us now is simon calder, travel editor of the independent. also from the bbc travel show. good to see you, simon. how robust you think the airlines are to be able to withstand some of these financial pressures 7 withstand some of these financial pressures? that's a really good question. many of the global players are in pretty good shape. it's the wea ker are in pretty good shape. it's the weaker players, particularly in europe, in asia, where i think we are going to see problems. they have seen their business almost evaporated. what i'm hearing from a lot of airlines, budget carriers or legacy airlines, simply bookings of fallen off the cliff. that's really serious in terms of leisure travellers who aren't going places, but more particularly, businesses which are telling their executives who would normally be filling up the fight cabins at a premium

slump for fourand a uk, the sharpest one—day slump for four and a half years, with airlines such as easyjetons of their value. also travel companies such as tui and carnival, which run cruisers, and mining companies with big exposure to china. tens of millions lost off the uk stock markets. over the past couple of weeks, markets took reassurance from one of those charts the reporter just reassurance from one of those charts the reporterjust showed, that it seems to be contained in china. what we have seen from the other reporters is that clusters, fairly extensive clusters in italy and south korea have got fears stoked up again. it is a health story primarily, but if the health story remains out of control, then you have a real economic impact. faisal islam, thank you very much. two severe flood warnings, meaning there's a danger to life are in place along the river severn in shropshire. in shrewsbury, there are fears that flooding could reach its highest ever level. while in ironbridge, people have been asked to leave their homes, because of warnings the river may go over flood barriers. o

easyjet have cancelled around 350 flights over the weekend. almost 100 from here at gatwick.rways. and on the roads, driving conditions were tricky. tonight, there are amber warnings for rain for most of the country, meaning flooding could cause a danger to life. communities are waiting and hoping that their preparations will be enough to protect them. helena wilkinson, bbc news. scientists are ramping up their efforts in the search for signs of alien life. a us government—funded agency is embarking on a collaboration with seti — a private organisation dedicated to the search for extra terrestrial intelligence. they will do a big sweep of the skies using 28 observatory in new mexico. the director of the observatory tony beasley, says the project will piggyback on the work already being done by us scientists. so the radio telescopes that the national science foundation operates here in the us are still continuing to do their normal radio astronomy research, looking at different parts of the sky but over the next few years what we will be doing is putting additional hardware on

easyjet have cancelled around 350 flights over the weekend. almost 100 from here at gatwick.lights were grounded — most of them british airways. and on the roads, driving conditions were tricky. tonight, there are amber warnings for rain for most of the country, meaning flooding could cause a danger to life. communities are waiting and hoping that their preparations will be enough to protect them. helena wilkinson, bbc news. phil bodmer is in the village of mytholmroyd in west yorkshire, where they're bracing for more problems from storm dennis tonight. it is just getting grimmer where you have been throughout the day? it is just getting grimmer where you have been throughout the dawm it is just getting grimmer where you have been throughout the day? it has and tonight the rain is falling and the rivers are still rising. this is the rivers are still rising. this is the colder and you can see how quickly it is moving, you may be can see these big bags of ballast which have been brought in to bolster the flood defences. earlier today we saw the arrival of around 100 soldiers fr

easyjet have cancelled around 350 flights over the weekend. almost 100 from here at gatwick.amber warnings for rain for most of the country, meaning flooding could cause a danger to life. communities are waiting and hoping that their preparations will be enough to protect them. helena wilkinson, bbc news. the venezuelan government says a huge numbers of soldiers and civilians have begun a 2—day military drill to prepare for what it describes as the threat of invasion by us—led forces. the opposition leader, juan guaido, dismissed the manoeuvres as a propaganda exercise by a dictatorship. earlier, the bbc‘s americas editor, leonardo rocha, explained why president maduro had decided to hold the military exercises now. he is, in a way, making a statement and giving — sending out a message to the united states that the venezuelan people, or at least more than 2 million people who are part of this militia who support him, are prepared for anything. his advisers — his military advisors are cuban, many of them trained in cuba and they learned from the cuban example. if you arm the p

most affected our travel companies, easyjet shares losing one sixth of their value but also companiesom china and one major retailer said today unless we seek factories up and running there at full speed in the next few weeks than the supply of those toys that we help to buy christmas could be impacted. just one example of how long lasting repercussions of what we are seeing today could be. our top story this evening. harvey weinstein, the hollywood movie mogul, is found guilty of rape and sexual assault — he faces years in prison. and still to come: taking a paddle down the high street, as flooding around shrewsbury could reach its highest ever level. coming up on sportsday on bbc news. struggling west ham face another brutal test at anfield tonight as they take on liverpool in the premier league — we'll be asking what's gone wrong at the london stadium? the food watchdog the food standards agency has told bbc news that facebook must "ta ke responsibility" for people who are selling meals on it from their own homes. the fsa is warning that sellers who haven't registered with or been

more than one percent on friday alone travel took a big toll on the footsie with british airways easyjet and carnival all posting substantial losses for the week now moving to south america in brazil but also down for the week after hitting record highs recently in fact this is the biggest weekly to count klein in more than 5 months beyond the obvious concerns over the coronavirus sluggish economic data and the brazilian rail hitting all time lows pushed markets down now heading north into north america the b.m.v. in mexico is our 1st green arrow in western markets now the b.m.v. took advantage of president donald trump signing the u.s. m.c.a. at the white house which also helped the peso as well and now moving up the u.s. it's a bit of a mixed bag the s. and p. 500 and the tech heavy nasdaq were able to end the week up and while the new york stock exchange was not quite as lucky fears over the coronavirus and what it will do to the chinese economy and manufacturing playing a big role here on the negatives all of these indices dropped by nearly 2 percent on friday however with earnings b

it's notjust here at gatwick where there's disruption — thousands of easyjet passengers have had theirancelled at airports across the country. british airways has had to ground a0 of its flights in and out of heathrow when the storm is likely to be at its peak. experts are warning storm dennis could cause more damage to communities already still recovering from last weekend's storm. helena wilkinson, bbc news, gatwick airport. phil bodmer is in mytholmroyd in west yorkshire. phil — are villagers resigned to the prospect of being flooded for the second time in a week? yes, i think they are, with a heavy heart, i think. yes, i think they are, with a heavy heart, ithink. as yes, i think they are, with a heavy heart, i think. as you know, they we re heart, i think. as you know, they were affected by storm ciara last weekend. what we have got at the moment is squally showers. it would appear the moment is squally showers. it would appearthe main moment is squally showers. it would appear the main event has not begun. this below me is the river calder. local people have been telling us today

easyjet have cancelled around 350 flights over the weekend. almost 100 from here at gatwick.ost of them british airways. and on the roads, driving conditions were tricky. tonight, there are amber warnings for rain for most of the country, meaning flooding could cause a danger to life. communities are waiting and hoping that their preparations will be enough to protect them. helena wilkinson, bbc news. our correspondent phil bodmer is in mytholmroyd in west yorkshire which took a heavy hit during storm ciara last week. tonight, the rain is falling and the rivers are still rising. this is the calder and you can see how quickly it's now moving. you maybe can see these big bags of ballast which have been brought into bolster the flood defences. earlier today we saw the arrival of about 100 soldiers from the north scots, they have been helping to install temporary flood barriers. they are being supported by around another 100 part—time soldiers from the yorkshire regiment who have been dispersed between here, the calder valley, and up in ilkley, where there is great concern about

easyjet are cancelling some flights because of the coronavirus outbreak. you‘re watching worklife.ancial crisis of 2008 as the impact from the coronavirus grows. digital technology is increasingly being used to help people manage their health. from remote consultations to medical robotics and wellness apps, the digital health tech sector is expanding like never before. the use of al to educate and monitor conditions means the sector is predicted to be worth more than half a billion dollars in the next five years. professor mike trenell set up changing health, a company that is now the sole provider of nhs england‘s digital platform for nhs type 2 diabetes support. before we talk about diabetes — how can digitial health tech help with the current coronavirus outbreak? professor mike trenell, ceo and founder of changing health. good to see you. let‘s pick up on the coronavirus aspect first off all. what role can digital tech health play? i think for coronavirus, the digital tech doesn‘t quite give us the information we need. at this stage, particularly when coronavirus is so high on

easyjet's telling us this morning there will be doing cost restructuring measures.d bucket will be strategic things you've been waiting to do but didn't have the platform four. think about labor cost and labor restructuring, eager to get other's. is atake longer but this good time to approach those. matt: thanks for joining us, daniel. on iag and the airline sector at large, as well. anna: let's check out money markets. incentive pricing in fed cuts, we saw a headline saying money markets are moving to price in a fed cut in march. the fed watches and waits to see what it's owing to the u.s. economy, and its outlook is were market expectations have moved to. global equities are set for its worst week, percent for their worst week since the financial crisis. s&p 500 had its fastest correction ever. clear eight minutes away from the start of the equity open. this is bloomberg. ♪ matt: welcome back. this is the european open. we're five minutes away from the start of cash equities trading. all biggest banks continue to sound the alarm on the impact of the coronavirus. a

easyjet's down 16.5%. , unless you are in the gold spacer the precious faith, you have a tough time.lo down 18% real pain has been felt in some of the travel stops good that is the european -- the travel stocks. huge moves. vonnie: of all the groups that are lower, the one that looks like it might potentially move into positive territory is utilities. you are right about it being a bond proxy. we saw it cap lower at the end for the 10 year and the thirty-year yield gapping lower. level,holding on to 1.37 staying away from the low set in 2016 which is 1.31. five basis points, a long way away by some measures. the vapes above 22. showing some -- the vix above 22, showing some fright but not panic. there are some stocks higher. we look at those in a moment. the biggest move for the moment is in crude oil, where we see in almost 5% drop impacting stops. -- impacting stocks. gold was to percent higher relative to this. that is a fascinating picture of where we stand asset cap wise. let's move into the s&p 500 and see if there are stops higher -- if there are stocks higher. the main one be

easyjet down 21% over last couple of days. that sector is under pressure.s down, retail is down. the biggest loser today is definitely the travel sector. we were just talking about what will happen with the travel space and the impact and the importance that tourism has for the european economy. single names, let's take a look at the single stops. 5%. saying it can manage the supply chain story reasonably well. that stock being rewarded. asm up 10% today. the market like that. diageo another drinks company warning what is happening with the coronavirus. very exposed what is happening in china. down 1%. it was a little worse earlier on. 1% relative to where it was earlier is not a bad performance. 2930 is where it looks like the stock will close. vonnie: the state department just issuing an updated travel advisory on italy for u.s. citizens, saying exercise increased caution. that is the sense of the day. it moves to the travel and tourism sector. now it is isolated and we have a bounce back in the general market overall. highs, up0 off its 1.4%. the philly

easyjet down 27%. galapagos down 24%. iag includes british airways and aer lingus down 24%.avel stocks being absolutely pushed sharply lower. i want to finally wrap things up is theis board, which gmm function on your bloomberg. do this. take the gmm function back to the beginning of the week. you see greece down 19%, belgium down 14%, the yen up nearly 3% and the u.s. two year down 42 basis points. wti crude down 13%. an amazing week. vonnie: i am looking forward to this next interview. in $18.9 billion elevator sale is the beginning of a breakup for one of germany's oldest conglomerates. erik schatzker is here with one of the largest shareholders. with lars here foerberg. germany's bigut industrial kalama grid -- conglomerate. --has been a big industrial you are the second largest shareholder. selling the elevator business for 17 billion euros, is that the outcome you hope for? lars: yes. this puts the company on a solid financial footing. it is no longer financially week, it is strong. sale, the after the company has a market value of only 5.5 billion euros. what else is

and easyjet and the owner of british airways are warning about the impact on thair companies.dicts. that's the verdict of the body that examines public spending. it says the industry needs tougher regulation. more on this in a moment. many of us enjoy the odd bet on everything from horse racing to royal baby names. but for others, gambling can be a dangerous addiction. now the spending watchdog says companies should do more to safeguard addicts and those in danger of becoming addicts. charles nancarrow, director at the national audit office is here to talk. tell me, how series is that this problem with gambling addicts? today's report looks at protecting consumers from harmful gambling. things such as unmanageable debts, relationship break—ups, and mental health problems. 55,000 children between the age of 11—16, so this is a very problem addressed by the gambling commission. so what then should the commission itself be doing? today's report finds that the commission has been more proactive in recent months and years in terms of enforcing the companies licence conditions and c