at all, and the gupta group said it was expected to do business with those companies. ly group restructuring its business in order to improve access to covid related loans. gupta family group says it hasn't done anything wrong, but in this pall of doubt over the finances of this company which the sfo thinks there is enough evidence, in order to launch formal investigations. it's being claimed laws brought in by the indian government are hampering the battle against covid, by preventing aid teams from supplying vital oxygen equipment. rules designed to stop the misuse of foreign funds mean nonprofit organisations aren't free to distribute donations from abroad, as sima kotecha reports. the horror continues to unfold in india, asker and batters every corner of the country. story after story of losing loved ones. now, those trying to help are saying that they are paralysed by government legislation. the they are paralysed by government le . islation. ., they are paralysed by government leaislation. . , they are paralysed by government leaislation. ., , ., ., ~ they are par

greensill capital is the finance group that collapsed last month and has very close ties with the gupta what they said they were. companies named on them have said they did not have any involvement with the gupta family group and so it is likely that this will be encompassed within the scope of the investigation but, as i say, all thatis investigation but, as i say, all that is the serious fraud office will tell us at the moment is that they are investigating the gupta family group and sanjiv gupta has, of course, denied any wrongdoing. thank you very much. the israeli military has intensified its bombardment of gaza into a fifth day, using artillery, gun boats and air strikes. international calls for de—escalation have been ignored, with hamas continuing to fire hundreds of rockets into israel. explosions lit up the sky over gaza city through the night. the number of people killed in gaza now stands at 119, including 27 children according to the health ministry. multiple missiles were launched by palestinian miltants from gaza towads israel. 8 people have died in israel. and another as

to family group alliance business empire and its financing arrangements with capital the alliance owns hundreds of companies across the world it's the family business of steel tycoon sanjay gupta steel aluminum mining financial services and real estate those are just some of the interests of the companies owned by the group the family group alliance sanjeev gupta empire employs 30 $5000.00 people around the world that accounts annual revenues of $20000000000.00 now it's under investigation by britain serious fraud office charges include suspected fraud and money laundering in connection with invoices sent to its major finance or the now bankrupt greensill capital. green says implosion has rocked britain's business and political classes former prime minister david cameron was grilled by lawmakers about his lobbying for the company this week right i said there's a strong argument that having a fool of prime minister you gauge on behalf of any commercial interest no matter how laudable motives and cools can be open to misinterpretation perhaps that's especially so when the communication systems we will use in the heat of responding to a crisis of text. rather than the more formal

britain has fraud office launching an investigation of son jacob, -- sanja grouped -- sanjay gupta. -u.k. financial conduct authorities are already investigating these sales as potentially criminal. toshiba says it was hacked by the same group that shut down the u.s. pipeline. wall street journal is reporting about hat hackers known as darkside are -- the hackers known as darkside are shutting down operations with pressure from u.s.. finally, i push for greater gender equality and french boardrooms. france's national assembly approved a new draft law that requires companies with more than 1000 employees to have women as 30% of senior management by 2027 and 40% by 2030. some worry it's not enough but others say it is necessary to ingrained in the frencheply mentalities, and many respects society remains patriarchal end is from an editorial. it had to the senate next for final approval. i'm sure many would agree with that assessment. carts the potential for progress. thank you -- >> the potential for progress. it is time for a short break but i will be back in a few minutes with more wo

now where the country's serious fraud office has launched a probe into the gupta family group alliance business empire and its financing arrangements with green cell capital the alliance owns hundreds of companies around the world it's the family business of steel tycoon sanjeev cooped up. steel aluminum mining financial services and real estate those are just some of the interests of the companies owned by the group the family group alliance sanjeev group does in pyar employs 35000 people around the world and accounts annual revenues of $20000000000.00 now it's under investigation by britain's serious fraud office the charges include suspected fraud and money laundering in connection with invoices into its major finance or the now bankrupt greensill capital. green says implosion has rocked britain's business and political classes former prime minister david cameron was grilled by lawmakers about his lobbying for the company this week right. there's a strong argument that having a former prime minister engage on behalf of any commercial interests no matter how laudable motives and caus

gupta. airline and travel groups want the u.s.governments to lift travel restrictions between the countries. they say there should be a reopening before g7 talks scheduled in june, saying travel could begin to reopen as soon as this month, but the white house has kept quiet. warren buffett says if he were to step down as ceo of berkshire hathaway, he would likely be replaced by vice chairman greg abel. berkshire's board agrees. abel is in charge of the company's noninsurance businesses. buffett is 90 years old. he has kept his succession plans closely guarded secret. verizon is getting rid of once dominant brands like aol and yahoo!. the wireless carrier agreed to sell its media division to an affiliate of apollo global management. the price, $5 billion. verizon will keep a 5% stake in the business. that is your latest bloomberg business flash. guy: let's take a look at where european markets are trading. the put some hundred closed for today. national -- the foot to 100 closed for today -- the ftse 100 closed for today. national

family group alliance business empire and its financing arrangements with greensill capital the alliance owned hundreds of companies across the world it's the family business of steel tycoon sanjay gupta. steel aluminum mining financial services and real estate those are just some of the interests of the companies owned by the group the family group alliance sanjeev gupta empire employs 35000 people around the world and accounts annual revenues of $20000000000.00 now it's under investigation by britain's serious fraud office the charges include suspected fraud and money laundering in connection with invoices sent to its major finance or the now bankrupt greensill capital brain cells implosion has rocked britain's business and political classes former prime minister david cameron was grilled by lawmakers about his lobbying for the company this week write to me we've said there's a strong argument that having a former prime minister gauge on the heart of any commercial interest no matter how laudable the motives and cause can be open to misinterpretation perhaps that's especially so when the communication systems we will use particularly in the heat of responding to a crisis text for in

gupta was eminently qualified, she had support from law enforcement leaders and groups in the country and had proven herself and link high-level government responsibilities but the public can set their hair on fire trying to take miss gupta down. the grassed for something anything to dampenher prospects . eventually they landed on torching an 18-year-old op ed even calling her accurate responses to their questions about lies . it wasn't pretty. now we're back on the floor with republican hair aflame again this time over the nominee to run the justice department civil rights division, kristin clarke. miss clarke is eminently qualified. she knows civil rights law inside and out. she's one of one of the nations leading civil rights organizations . she's a superb well-trained lawyer. conservatives have endorsed her like president george w. bush is dhs secretary and former national committee chairman michael deal. law henforcement organizations like the police chiefs association and international association of chiefs of police support her . she would have been a quick vote on the floor no

gupta. more than 30 rights groups are pushing for an investigation into a who official.e minister justin trudeau is beginning to sketch out a plan to reopen the u.s. border, but canadians don't appear keen to rush it, and when travel resumes, may overwhelmingly agree proof of vaccination should be mandatory. nearly half of respondents in a poll released today said the border should remain closed until at least september. billionaire investor carl icahn says crypto may be here to stay, but he hasn't bought any. in an interview with bloomberg news, icahn also said inflation "already exists, and that will cause a correction." we will hear more at two: 10:00 p.m. wall street time today, live on bloomberg television and radio. during the more than year-long long national lockdown, many americans turned to streaming services for entertainment. consumers turned to netflix, disney+, hbo max, and others in huge numbers. some others like peacock and discovery+ were launched in the middle of it all. a new survey finds people are subscribing to more services than they were a year ag

, were supposed to be evidence owed to the gupta family group may not have been entirely what they saidy they had not done any business with gupta family, they say they haven't done anything wrong, but there have been questions around these proceedings so now we have had a statement from the sfo saying it's investigating suspected fraud, fraudulent trading and money—laundering in relation to the financing and conduct of businesses within the group, including its arrangements with greensill capital. for the moment, thank you very much. the actor kevin guthrie has been jailed for three years for sexually assaulting a woman at a flat in glasgow. the 33—year—old, who's best known for staring in the film sunshine 0n leith denied the charge. he told glasgow sheriff court he had only "helped" the woman after she fell ill, but the jury was told that his dna was found inside her underwear. he was found guilty after a four—day trial and placed on the sex offenders register indefinitely. amazon is creating more than 10,000 jobs in the uk. the online giant will open a parcel centre in doncaster and

to deal with some things coming out, the connections with ring field to saunter group to -- greenfield with sanjai guptalear that the bank ignored their internal warnings about him. there are some serious questions he's going to have to answer about the relationship. and after archegos, many were hit hard but not as hard as credit suisse. a lot to deal with. yousef: the last three weeks have been quite good if you are looking to belong on the stock, we were about nine francs per share and now we are about 9.80 per share. in terms of departures of the bank is dealing with, they also have to grapple with money flowing out of some of the funds. what measures are being put into place to try to mitigate that a little bit? david: it is not surprising if you are a highflying banker and the bank is saying they are going to derisk, you have concerns. there is a cloud over the bank. in financial services, they have lost several bankers going to other banks. many of these bankers are paid in stock and the stock has not done well, down about 14% this year at a time when the bank index is up 26%. a good year for mos

sanjay gupta has a look at the latest group of people to get access to the fruits of their labor. >>id vaccine as part of a clinical trial. >> thanks to ben and about 2,000 other teens like him, 12 to 15-year-olds all across the united states now can get a covid vaccine. >> this is just trying to bead the virus. >> the kids have been leading the charge on a lot of this. >> dr. robert frank has been researching vaccines on kids for how years. he now oversees vaccine trials in kids at senate children's hospital. >> one of the things that people have said is that teenagers, they only care about themselves, just looking out for themselves. >> i have found that to be totally wrong. >> they have also found another piece of good news. just one month after getting the second dose, pfizer's trials found the teens had even higher levels. antibodies than 16 to 25-year-olds who also had received the shots, making them far less likely to get sick. >> 18 case in the adolescents in the play seebo, and zero in the group that got the vaccine. >> reporter: the agency says kids under 18 make up around

group to. israeli -- i am ritika gupta.sraeli airstrikes battered the gaza strip and palestinian militants fired rockets into israel again. all this happen while there was talks of a possible cease fire. israeli news media reported that israel proposed a truce and hamas has agreed to comply. new york's attorney general says her investigation of the trump organization has now morphed into a criminal probe. letitia james had been focused on the assessment of a trump property in what chester, new york. former president donald trump's company was already under criminal investigation by the manhattan district attorney. ubs has started a broad round of job cuts across its largest divisions. it is part of a restructuring plan designed to save the swiss bank a billion dollars over the next three years. the reductions are taking place in the investment bank, wealth management unit and swiss business. over the next three years, as many as 700 jobs will be eliminated in switzerland on. and bitcoin has father below 50,000 -- $40,000 fo

sanjay gupta takes a look at the latest group of people getting immunized. >> this is 15-year-old bencovid-19 vaccine as part of a clinical trial. >> ready? >> thanks to ben, and about 2,000 other teens like him, 12 to 15-year-olds all across the united states, are now able to get a covid-19 vaccine. >> one, two, three. >> this is just trying to beat the virus, try to get everything back to normal. >> the kids have been leading the charge on a lot of this. >> dr. robert frank has been researching vaccines on kids for 40 years, he now oversees covid-19 vaccine trials and kids at cincinnati children's hospital. >> one of the things people have said is that teenagers, they only care about themselves, and they're just looking out for themselves. and i have found that to be totally wrong. >> they've also found another piece of good news. just one month after getting the second dose, pfizer's trials found that teens, age 12 to 15, had even higher levels of antibodies than 16 to 25-year-olds who also received the shots. making them far less likely to get sick. >> 18 cases of covid in the 1,5

cautious enough with tax—payer funds, given gfg group were able to raise so much extra cash for themselves. there is also the question of land. sanjeev guptap, locals say he hasn't. i ownership, locals say he hasn't. . . , ownership, locals say he hasn't. ., ., , ., ~ hasn't. i am angry, and like most of— hasn't. i am angry, and like most of the _ hasn't. i am angry, and like most of the local— hasn't. i am angry, and like most of the local people . most of the local people feeling very powerless. we put in a plan for the land which would have supported the community. and now we haven't got that, and sanjeev gupta has reneged on his promise. the scottish government told us it had intervened to save a strategic asset and to protect hundreds ofjobs. sanjeev gupta has kept the smelter open but he has also been canny enough to capitalise on the valuable assets that came with it, and assets that came with it, and as he has found out all over the world, the most valuable asset of all is political support. india is set to report gdp data for the last quarter, and full financial year to march 2021 later today. the figures are expected to show good

group. a doctor involved in the clinical trials spoke to cnn's dr. sanjay guptaut the vaccine's safety and effe effect fectiveness. >> ts is 15-yearld ben dropick. 's about to get thcovid-19 ccine as part of a clinical trial. >> this is just trying to beat the virus, ting to get everything back to normal. >> the kids have been leading the charge on a lot of this. >> reporter: dr. robert frank has been research vaccines on kids for 40 years. he now oversees covid-19 vaccine trials in kids at cincinnati children's hospital. >> one of the ings that people have said is that teagers they only care about themselves and they're just looking out for themselves. and i have found that to be totally wrong. >> reporter: they've also found another piece of good news, just one month after getting the second dose pfizer's trials found that teens age 12 to 15 had even higher levels of antibodies than 16 to 25 year olds who had also received the shots. making them far less likely to get sick. >> 18 cases of covid in the 1,500 adolescents that had placebo and zero in the group tha

gupta. this is bloomberg. >> israel has the right to defend itself. there is no equivalence between a terrorist group firing at civilians and a country defending its people in those attacks. we call on how moss and other groups in gaza to end -- hamas and other groups in gaza to end the violence immediately. to do everything possible to avoid casualties, even as it defends itself and its people. jonathon: secretary blinken on the policy issue at the moment. good morning. i am jonathan ferro. here is the price action. on the s&p, we advanced 13. we are up higher by .3%. yields unchanged. euro-dollar gets your attention with a 122 handle. in the commodity market, 66.77. commodities doing nicely. if we switch up the board, home depot had a good pandemic. how many companies can you say that about? up another 2.5%. home depot coming up with first quarter sales up 31%. the estimate was 20%. tom: those are nice numbers. the headline is beneath the surface of a purse where foot ratio that shows the strength -- per square foot ratio. right now, marty schenker joins us. a good view of the washington landscape.

gupta. morgan stanley ceo james gorman has unveiled his big leadership shakeup. gorman positioned a strong rebuff -- a small grouphis most likely investors. he named copresidents, a cohead of strategy, and chief operating officer. gorman is 62 and has run morgan stanley for 11 years. in iran, president hassan rouhani powers have agreed that economic sanctions on his country's oil and other industries would be lifted. negotiators in vienna have been trying to revive a troubled nuclear deal from 2015. rouhani says they have taken a "major step." they have been holding indirect talks. israeli warplanes pounded houses, weapons, warehouses, and underground tunnels in the gaza strip today. it is meant to consolidate gains ahead of what could be in eminences fire -- an eminent cease-fire. according to "the new york times," the two sides have been discussing a truce that would stop israeli attacks on infrastructure, and in return, hamas would stop firing rockets at israeli cities. the u.s. house of representatives has voted to create a committee to investigate the anywhere he sixth riot at the capitol. the legislations -

gupta. palestinians poured into the streets of the gaza strip to celebrate a cease-fire with israel. the hamas militant groupnd israeli forces are now observing a truce that ended 11 days of conflict. at least 232 people were killed by israeli airstrikes and artillery fire on gaza. dozens died knowing hamas rocket attacks on israel. the u.s. is now calling for a global minimum corporate tax of at least 15%, less than the 21% rate it has proposed for the overseas earnings of u.s. businesses. some nations called that rate excessive. international negotiators are trying to come up with an agreement the summer -- agreement this summer. the european union is offering the battered tourist industry a chance to salvage the summer. negotiators have agreed on the introduction of certificates that will allow quarantined free travel within the bloc. the documents prove that the patients have been vaccinated or recovered from the virus. bloomberg has learned cna financial group paid about two weeks after a company trove of data was stolen. that payment was bigger than previously disclosed. cna sows the company followed t

group ceo danny mayor. this is bloomberg. ♪ let's check in on the bloomberg first word news. i'm ritika gupta. says the u.s. will help gaza with humanitarian aid in the wake of that 11 day conflict with israeli forces. the cease-fire brokered by egypt took effect earlier today. warplanes and artillery hammered gaza while hamas fired rockets into israel. negotiations over president biden's 2.2 trillion dollar infrastructure packages nearing a crucial stage. a white house team resumes talks with senate republicans today. one republican tells the associated press that they have increased their offer and are working in good faith. the white house has set a soft memorial day deadline to decide whether a deal with three publicans is possible. the european union -- with republicans is possible. the european union is offering a chance to salvage the summer for the tourism sector. coronavirus documents will offer proof that passengers have vaccinated, recovered from the onus, or had a recent negative test. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journali

gupta said. so brilliant and great work. i disagree with west virginia and dewine and new york. buying a shack burger for people. there's this group of people not anti-vaccine but they just been too busy. sometimes people need a push and incentives are tremendous and if that gets us to 70% that's what gets us there and i salute them that are trying to use the incentives to get us going. >> what do you think about motivating and persuading people to take the shot and using the fact that no child under 12 could be vaccinated because it is not authorized yet for them? >> i'm confused with the question as far as -- how do i feel about -- >> looking at -- how do you persuade -- i think the white house is focused on getting the rest of the adults, everyone 12 and older all they have to work with and all you can vaccinate. nobody under 12. how do you persuade the rest of them? there's great reporting on the people that just don't have -- it is not that they don't have the ten minutes to shot but the day off if they feel crummy after the second one. what is the message this president should deliver to that group? >> i think that -- i'm go

gupta, i'm curious, i was talking to my children over the weekend and they're making the correlation between anti-vaxxers and anti-maskers and, frankly, donald trump. and that grouptionship with the truth. so here's their question to me. they know they're protected. they've all been vaccinated. what about their kids? what about their children? could you answer that question? because that's what was on their minds, what do i do about my children? i know i will be okay because i've been vaccinated but what about my young ones? >> senator, good to see you as well. this is what i will say, we're entering an uncertain terrain. this is why public health officials didn't love the cdc's execution. they liked its intention, but not execution. particularly with regards to children. you're seeing reports out of latin america that there are more children ending up in hospitals because of potentially the circulating variant that seems more transmissible across age groups. so there is a concern here that with a changing dynamic pandemic landscape, our children safe or are they as safe as we thought they were a year ago from the worst impact of this virus? it's unclear. i think

gupta would like to know about families travelling with children. this is a good point. will children under the age of 11 have to be tested? and if you have got children in your group test on day two. uk government says the children under the age of four are no longer required, they don�*t have to take that test. anybody over the age of four will have to. now, you would hope that the children having sony tests being done at school that there would be some access to a bit of leeway, but at the moment, that is not the case. you really are going to have to double check every destination were going to come over the testing requirements are on the way in and on the way back. the likes of cyprus on our amber list at the moment, but they are actually saying that children under the age of 12 don�*t have to take a pcr test to come in from a children over the age of 12 will. every different countries individually making its own mind up about this, and you do have to check before you go. ==. own mind up about this, and you do have to check before you go. --, we will really have _ have to check before you go. --, we will really have to _ have to check before you go. --, we wil

we're joined now by professor ravi gupta, who advises the goverment as a member of nervtag — the new and emerging respiratory virus threats advisory group —— dosed as quickly as possible. how long after the days do you get maximum protection? it is you get maximum protection? it is unclear at the _ you get maximum protection? it 3 unclear at the moment as far as changes over time are concerned. it varies from individual to individual. we do know chances of serious illness is almost zero after the second dose will stop one or two doses will give very high levels of protection. we are worried about transmission, especially with the new variant. transmission, especially with the new variant-— transmission, especially with the new variant. ~ ., . , ., new variant. when we introduced you, we were trying — new variant. when we introduced you, we were trying to _ new variant. when we introduced you, we were trying to explain _ new variant. when we introduced you, we were trying to explain the - we were trying to explain the difference between the astrazeneca and the pfizerjabs. mit? difference between the astrazeneca and the pfizerjabs.— and t

can speak now to professor ravi gupta, who advises the uk's chief medical officer, as a member of nervtag — the new and emerging respiratory virus threats advisory groupthe first thing to note is that we have become used to having new variants are rising in different places, and that is predicted now from what we know about the biology of the virus. it can sit in people and cause chronic infections, and thenit and cause chronic infections, and then it can mutate and spread, so this is now a new thing we learned about this virus. that is a fact we have delivered. but the great news is that we have very efficacious vaccines with very high levels of antibodies and other protective molecules, and so the vaccine roll—out has been remarkably successful in this country, given high levels of protection against all the variants. there have been documented cases of the virus arising in vaccinated people in india, but none of those people became ill, they had mild symptoms, and we are worried about that because there will be people in the community who have not responded so well to be vaccines and they are vulnerable, we wants to limit the spread of new variants

gupta was eminently qualified for her role. she had support from the foremost law enforcement leaders and groups in the country. she had proven herself handling high-level government responsibilities. but republicans set their hair on fire trying to take ms. gupta down. they grasped for something, anything to dent her prospects. eventually they landed on contorting an eight-year-old op-ed, even calling her accurate responses to their questions about it lies. it wasn't pretty. now we're back on the floor with republican hair aflame again, this time over the nominee to run the justice department's civil priets -- rights division, kristen clarke. ms. clarke is eminently qualified. she knows civil rights law inside and out. she is a superb, well-trained, experienced lawyer. conservatives have endorsed her like president george w. bush's d.h.s. chertoff and michael steele. law enforcement organizations like the major chiefs association and the international association of chiefs of police support her. she ought to have flown through committee and been a quick vote here on the floor. but, no, it's hair on fire time ag

gupta the civil rights division defended an effort to take over louisiana's school choice program. now, can you imagine luckily a group of african american mothers stopped them in the fifth circuit. just think. african americans stopped an obvious injustice by the justice department. in fact, the fact is that our civil rights laws are broad and the mere threat of their enforcement can chill legitimate political opposition. because of that, i think that the head of the civil rights division needs to be above reproach when it comes to partisanship. unfortunately, ms. clarke is a liberal partisan. she has opposed the enforcement of the law against ike brown a mississippi voter suppressor, either because of the color of his skin or because he was a democrat. neither answer is acceptable. she has disparaged religious freedom groups like the alliance defending freedom. she is opposed -- she has opposed important supreme court decisions protecting religious liberty, individual supreme court justices, and even some of my colleagues. she has held republican nominees to a standard that she didn't want to apply to herself. ms. c