easyjet warning it is heading for its first annual lost in its 25 year history, positioning its business for next spring. countries across europe posting record infections. germany sees its biggest rise of covid cases since april. the health minister calling that "alarming." agencyopean medicines say the vaccine is looking unlikely by year end. let's get into gear and talk about what is happening with the markets, and figure out what is going on. european equities trading higher , up by 0.9%. the energy stocks are doing relatively well today. u.s. equities are also pushing higher, up by zero point percent on the s&p -- 0.6% on the s&p. the cable right around $1.29. the consensus seems to be at the moment that we are nudging towards the possibility of a deal. then let's talk about what is happening on the periphery. greek bond yields hitting a record low today on the 10 year. you are seeing spread compression when it comes to italy. the market is worried about spain, but nevertheless, the idea of redenomination risks fading, this rescue deal which may or may not be on, and the possibility

the picture not getting brighter for easyjet.lion loss for the fiscal year that ended in september. for the next three months of the capacity, see a 25% operating at a quarter of their normal level. they are scrapping their dividend and reviewing their liquidity position, imploring the state to step in with more aid. look for more continued pain in the share price of easyjet. anna: and to the casinos and gaming sector, gbc with bullish guidance. the: absolutely, this is story of different companies that are resilient to downturns in the economy, and ones that are not. gambling seems to be holding up, gbc raising its guidance, and the whole year beat the average estimate. they have raised the price target on gvc saying it is an outstanding set of results. they had a 28% increase in gaming, and announced acquisition of a portuguese online gaming company. that should contribute about 10 million pounds next year of ebit da. matt: what is the story with imperial brands? dani: gambling can survive the downturn. cigarettes showing a lot

easyjet has taken steps to shore up its finances and cut costs.idays. airline bosses are also calling for an airport testing regime for covid—19 to shorten the 14 regime for covid—19 to shorten the 1a day quarantine period. this week, ministers said that they are looking at ways to reduce the quarantine with the report due in early november. that's something that will be closely watched by the industry and by holiday—makers. but for easyj et, and by holiday—makers. but for easyjet, as for most other carriers right now, they are navigating through some very it stormy skies. nina nanji, bbc news. sport and for a full round up, from the bbc sport centre, here'sjohn watson. many thanks indeed. two hugely important matches for scotland and northern ireland, with their chances of qualifying for next summer's european championships in the balance. scotland haven't qualified for a major tournament since the world cup back in 1998, but beat israel and beat either norway or serbia next month, they'll quyalify for euro 2020. same applies for northern ireland

and on the front page of the financial times, easyjet pleads for help to ride out an annual loss — thebegin. leading with the coronavirus stores. we will begin. let‘s start on the story of the chief medics warning to the north. angle impossible chief medical officer had that video call earlier on today. —— anglin possible chief medical officer. a very stark warning to the north. bring us up—to—date. —— england‘s. warning to the north. bring us up-to-date. -- england's. chris whitty, he was part of this briefing with northern mps earlier. he a p pa re ntly with northern mps earlier. he apparently told him that the level of intensive care cases could hit the same level as we saw in april and northern england. very stark morning and i think the reason chris wood he is doing this, because we have seen since details emerged about this potential 3—tier lockdown system, and possible closures and parts of northern england, we have seen a lot of anger from mps of all persuasion and local mayors about how it has been announced in kind of lea ked how it has been announced in kind of leaked out. a

easyjet warning it is heading for its first annual lost in its 25 year history, positioning its businesscountries across europe posting record infections. germany sees its biggest rise of covid cases since april. the health minister calling that "alarming." agencyopean medicines say the vaccine is looking unlikely by year end. let's get into gear and talk about what i

another move her to the upside, because we all can't have earnings stories, easyjet, selling nine ofaft, that will help secure liquidity and strengthen their balance sheet. undercash proceeds are $400 million. it will continue to review its liquidity picture and look for further funding options if necessary. jonathan: thank you very much. so the airlines, it is difficult, particularly in europe given what we are facing october 27th,ly, not november, not december. doesn't look good. reporte: no, a "times" was telling. the airlines are trying to get that business travel back. hedge fund managers, bankers, will they be able to travel? that is a question to u.k. is discussing and airlines, hoping it might happen. jonathan: four minutes away, equity futures bounce back a little. the cash open, right here on bloomberg tv. ♪ jonathan: 60 seconds from the cash open in london this tuesday morning. european policymakers, short on options facing lockdown results. attention to earnings after an ugly start to the week and in washington, america's election wrapping up a week from today. let's get

now some news from easyjet. they are looking ahead to next year.ren to van halen in memory of the legendary guitarist eddie. here's a reminder of what he said. i would urge you, take young people by the scruff of the neck and force them to sit down and stop texting and tweeting, just for a second, and introduce them for the first time to the wonder of eddie van halen and the band. and it seems a few of you took gene's advice. good advice! let's take a look at how it went, complete with acrobatics and air guitar. #jump! # might as welljump he strains. # go ahead and jump #jump! # go ahead and jump. they laugh. ok, that's a good one! # baby, how you been? # you say you don't know # you won't know until you begin # so can't you see me standing here? # i've got my back against the record machine # i ain't the worst that you've seen # 0h, can't you see what i mean? henry, we can't go too close! woman laughs. # might as welljump # go ahead and jump #jump! # go ahead and jump. guitar solo. keyboard solo. i'm really tired! yeah, come on. song fades. babies