all of that in that skyline is in guangdong province and doctors on state-run media have been warninges patients sicker faster. from swabs to jabs, china is racing too stayy aheaead o of t fastst-spreadingng delta s stra covid. some people lining up for miles to get vaccinated in guangzhou, capital of china's southeast guangdong province. an estimated 150,000 residents are still under lockdown. with workers in hazmat suits delivering them food and disinfecting the streets. in three days health workers tested nearly the entire population of about 19 million. the epidemic in guangzhou is an unprecedented opponent and requires our resolve, said the deputy director of guangdong center for disease control. the delta variant of covid first emerged in india this spring. 3,500 people are still dying on average each day. the most of any country in the world. according to the "new york times." and the strain is now the most common in the united kingdom. but there is some good news today. chinese health officials are now saying that the surge is easing but they're warning that future flare-ups c

tom: how does this -- >> how does this affect power outages we are already seeing in guangdong?: guangdong, it is hot there. hydropower has been low. the coal prices in china have been high. this is the biggest nuclear reactor in the world. if they have to shut it down in the summer, that will add extra stress. >> that was dan murtaugh. a bigger buyback proposal from oaktree capital management for this resort. they are being offered if on the commitment of $2.4 billion to buy back some or all of the 37% stake held by billionaire james packer. the board has not formed a new proposal. the company will bring in new directors after they exposed unfair practices. the ceo apologized to investors. an independent investigation found that toshiba -- goldman is said to be in advance to talk to buy this analytics company. we are told that an agreement could be reached as soon as this week and good value the company at $2.5 billion. they provide devices and services for monitoring radiation, contaminations and monitoring waste. this hedge fund has been said to build a substantial division a

in guangzhou is an unprecedented opponent and requires our resolve, said the deputy director of guangdong center for disease control. the delta variant of covid first emerged in india this spring. 3,500 people are still dying on average each day. the most of any country in the world. according to the "new york times." and the strain is now the most common in the united kingdom. but there is some good news today. chinese health officials are now saying that the surge is easing but they're warning that future flare-ups could follow. as for here in hong kong, no reports of the delta variant just yet, but that's because no tourists are allowed, only residents. case in point, myself. last month i had to do a three-week mandatory hotel quarantine. at the time it was the longest in the world, and some still say it was the most brutal. >> rami i no. cencio in hong kong. those strict travel restrictions he just detailed could remain in place until next february. that's when beijing is scheduld to host the winter olympics. meanwhile, there are renewed calls to cancel this summer's olympics in tokyo

. >> this latest cluster in shenzhen, it's a new variant in guangdong a month ago. the new daily cases relatively low, single digit or low double digits but given this is in china, many officials, especially at the local level, adopt this zero tolerance policy. that's why you've seen them take a familiar page from their playbook you the, mass testing, extensive tracing and lockdown, in the case of shenzhen, because one of the two patients was a restaurant worker at the airport. that's why you've not only seen hundreds of flight cancellations and new rules regarding departing passengers presenting a negative test result and local travel. all of this comes as officials say the latest wave of cases in guangdong are of the delta variant. that's why they've been alarmed, how fast the variant has been traveling, spreading around the world. they're vowing to not let their guard down in terms of detecting cases from international arriving passengers. they achieved this milestone of administering 1 billion doses of vaccines within its borders. now, this, of course, comes as

it's guangdong province, more than 120 million people. it is a heavily populated and dense area. in the radiation there. according to the sources talking to cnn, it's an increase in fission gas, a natural byproduct that includes zenon come is radiological. the concern is the limits. according to the document, they accuse, the french that is that operate that plant, the chinese of raising the safety limits, and, thereby, causing potential harms. that's the concern that's playing out right now. we have reached out to the chinese officials, the foreign ministry along with authorities in guangdong province. we've not yet heard back. we should note it's a long holiday weekend that's coming to an end here. perhaps in the next 24 hours they will respond to this. the plant has responded, as well as the french company that helps run it. they consider this to be under control in sorts, as they're sort of paraphrasing this. they suggest, kate, that this is something that they can maintain, that they will find a resolution to it, and that it is operating within the safety parameters. the big

they are looking at revision barring nonresidents from landau without a valid test -- guangdong withoutewhere the hong kong stocks set for their longest losing streak in 10 weeks. it is really about this recovery outlook and the possibility we could see higher interest rates from the fed or tapering sooner rather than later. overall, china markets are down. we do see some companies falling back here, as we get major shareholders divesting their stake in these companies. one is landsi. and 4.5% of total shares outstanding. blue match biotech dropping 10%, a 5% shareholder planning to sell 10% of total shares outstanding. others here doing likewise. that is sending signals the rally may be overdone for the time being, at least as we see some of these stocks surging to records on those markets. heading to lunch on shanghai and shenzhen. that is a look at the scene and shanghai. this is bloomberg. ♪ haslinda: we are looking ahead to stories investors are watching in india. mumbai and delhi easing coronavirus lockdowns and and rbis survey shows consumer confidence at a record low as the cobi

there has been an outbreak in guangdong, that is suppressing it, consumers are cautious.r the holiday, in terms of travel and service, it was up only about 75% of the way back up to pre-pandemic levels. the consumer is more cautious, we will have to see whether that starts to reflect any change in the e-commerce space. kathleen: tom mackenzie speaking to us at the jd.com headquarters in beijing, later don't miss our interview with tutti dot-coms bites president -- vice president -- with jd.com's vice president. this is bloomberg. ♪ kathleen: the head of bank of america told bloomberg its customers, especially small businesses are struggling with a tightening labor market. the ceo also discussed whether the bank sees inflation is transitory. >> if you look around the world, central banks will struggle. at the end of the day it is not determined, if you the about india and what they went through through the last several weeks, about the u.k. delaying full reopening because of the variants. that's the big question. you look at the u.s. vaccines across half the population and

a reversal, domestic travel had staged a strong comeback but then there has been an outbreak in guangdongced the region back into lockdown. it is original known for manufacturing and shipping. haslinda: how is it for the rest of the world? you heard from yvonne, she is ready to fly as soon as possible, but all this talk about travel bubbles. every time they try to have one, it fails. >> there is definitely this pent-up demand and desire to spread our wings again. in the european union, there is this reliance on the vaccine. it will be put to the test this coming week as governments begin to ease restrictions and individual companies reopen their transatlantic links. we have seen a bit of stop-start in the u.k., but the direction is very much that trouble is coming back. in asia it is a slightly different story, international traffic is still down on pre-covid levels. several reasons, the vaccination rollout in some places is not as quick as it has been in europe and the u.s.. . to put that in perspective, in the asian pacific region, 1.1 million passengers in april, that is 3.5% of the vo

are seeing numbers crater outside the big three regions of shanghai, beijing, and one dong -- and guangdongis is not the deleveraging of the past. tom: let's jump forward to the politics. you state clearly there's another false dawn for retail as well. how does that change the political domestic calculus for president xi if he's got credit challenges and a retail false dawn? what does that mean for his politics? leland: it is a real problem looking to 2022. right now you got a global recovery, and you've got china exporting and doing well with manufacturing, so parts of the economy are going very well. so it is hard to see the true weakness because it is not hitting the overall numbers except in very specific places. but for any durable recovery, you're going to need retail back, services back, and these sectors are not doing well. services hasn't done much since the end of 2020, and retail is looking worse than last quarter, so you're going to have to see a pickup in this. but how do you see a pickup if firms aren't able to borrow as much? so they've got some policy decisions to make come

all of that and that skyline there is in guangdong provence and doctors on social media say the delta variant makes people sicker faster. china is racing to stay ahead of the fast-spreading delta strain of covid. some people lining up for miles to get vaccinated in guangzhou. hundreds of thousands are in lockdown with workers in hazmat streets delivering of them food. they tested the population of 19 million. the epidemic in gaunnzhou. the delta variant first emerged in india this spring. 3,500 people are still dying on average each day, the most of any country in the world according to "the new york times." and the strain is now the most common in the united kingdom. but there is some good news today. chinese health officials are saying the surge is easing but warning future flareups could follow. from here in hong kong, no variants of the delta variant because no tourists are allowed, only residents. case in point, myself. last month i had to do a three-week mandatory hotel quarantine. at the time it was longest in the world and some still say it was the most brutal. >> thank you. >

you have a million folks that live within the city and 126 million that live within the guangdong provinceeresting to note, brie a narks there was a covid outbreak in a soft lockdown in place. i asked my source if that was cover for what was going on with the plant. doesn't seem to be as of yet. >> we know that you'll keep reporting this, david and kylie. thanks so much to the both of you. >>> an alarming development out of the united kingdom, which is now delaying its reopening because the covid virus is developing so rapidly, and now officials in the united states are sounding the alarm. >>> plus america's other epi epidemic. the nation saw nine shootings in serve different states since friday alone. peanuts have given humanity! fuel for vast migrations! sustenance for mountaineering expeditions and long journeys across the world! but most importantly? they give us something to eat when we drink beer. among my patients i often see them planters. a nut above. have teeth sensitivity as well as gum issues. they give us something to eat when we drink beer. does it worry me? absolutely. senso

cnn and others had reported that the taishan plant in guangdong province might have a radiation leak. french co-owners said today there's been what they call a "performance issue," but they said the plant remains within safety limits. back in this country, a chemical plant exploded in northern illinois and touched off a spectacular fire. heavy black smoke and fireballs erupted throughout the day and consumed the plant near rockton. fire crews pulled back, to prevent polluting a nearby river. >> we don't want an environmental nightmare to occur, and the reason that we would cause that is by the use of water streams. so we stopped water operations at this point. we stopped suppression, we felt it was in out best interest to let this product burn off. >> woodruff: officials estimated it could take several days for the fire to burn itself out. there's no word on the cause. the u.s. supreme court ruled jackson to the federal appeals court for washington d.c., the vote this evening was mostly down party lines. president biden has promised to name a black woman to the u.s. supreme court and

china says it is working to resolve what it has called a "performance issue" at one of its sites in guangdongnt radiological threat". in a statement the company said "according to the data available, the plant is operating within the safety parameters, our team is working with relevant experts to assess the situation and propose solutions to address any potential issue." the headlines on bbc news... the final easing of covid restrictions in england is set to be delayed — the prime minister will make an official announcement later today —— but senior ministers have already signed off on a postponement. that could mean capacity limits for sports, pubs and cinemas will remain, and nightclubs would stay closed. industry leaders warn any delay beyond june 21st would be "catastrophic" nato leaders — including borisjohnson — are gathering in brussels for what the secretary general called a pivotal summit that will open a new chapter for the alliance. scotland play the czech republic in the european championship today. it's the nation's first appearance in a major football tournament in nearly a quar