qantas is one of the airlines _ to operate. qantas is one of the airlines that _ to operate.that has - to operate. qantas is one of the airlines that has been i to operate. qantas is one of| the airlines that has been so exposed to this, more than others. it has been interesting, during the course of the pandemic which airlines have acted in different ways. some of them have had government funding in some countries, but in other countries, but in other countries, they haven't done that? v, ., countries, they haven't done that? m, countries, they haven't done that? , ., that? qantas has basically had to stand on — that? qantas has basically had to stand on its _ that? qantas has basically had to stand on its own _ that? qantas has basically had to stand on its own two - that? qantas has basically had to stand on its own two feet. l to stand on its own two feet. even the support on jobs has been tapered down. and the way the government has approached the government has approached the pandemic with these really tight and regular lockdowns, many people in australia i felt the nee

let's get you more details around the qantas numbers.re hearing the company saying covid is likely to cost the carrier over $20 billion aussie in revenue. they say the impact figure assumes the border between victoria and new south wales reopens by december. of course we are in week nine of a hard lockdown when it comes to travel. the recovery in the domestic is this had very much been on that border being reopened. they see domestic capacity for the broader group at 53% of pre-covid in the second quarter. net debt expected to be in the target range by the end of full-year 2022. qantas also saying no job losses are expected from the border closures. we know that there furloughed more of their airport and flight staff as well, given the extended lockdown and closure of those borders. the pre-start of the international services slated for the end of 2022. but of course a lot of caveats in terms of international borders still remaining closed. just that latest line, 9400 people have now left the company. we will be getting a lot more detail

qantas and focus in sydney. the carrier flagging the return of overseas flights and optimism after reporting a second annual loss. in wellington, kiwi stocks under pressure with air new zealand shares slightly under pressure after suspended guidance following a back-to-back annual loss. in japan, the airlines cut flights on 12 domestic routes as the country expanded the state of emergency. a be official -- the rj official warning of a contracted recovery but there is optimism over vaccinations in japan which has yen bears noting the currency around. flipping the board, emerging currencies got a lift wednesday heading into the jackson hole symposium with strategists from hsbc saying they are better able to handle a taper tantrum. high reserves and low external debt seen as buffers are the thai baht -- according to could agricole, sheriff. -- shery. vonnie: president biden urged businesses executives to improve cybersecurity across critical infrastructure and the economy. meeting with ceo's from companies includin

nick marsh in - singapore with the latest on qantas. let�*s bring you some other business stories. that fewer contacts will be advised to self—isolate following a close contact with a positive case. the app will look for contacts two days prior, rather than five, when someone without symptoms tests positive. health secretary sajid javid said it would reduce disruption but still protect those at risk. an official examining a landmark amazon union election in alabama, has recommended a rerun.amazon appeared to have stopped a union from forming, winning a vote on the issue by a margin of two to one. the retail, wholesale and department store union alleged that amazon had illegally pressured its workers. amazon said it planned to appeal. twitter will collaborate with two of the largest international news providers, reuters and the associated press, to debunk disinformation on its messaging site. the news agencies will help twitter give more context and background information on events which create a high volume of tweets. twitter hopes this will counteract the spread of misleading info

for a lot of qantas and jetstar employees, that means getting back to work again.ng back to work again.— back to work again. not all business — back to work again. not all business owners _ back to work again. not all business owners are - back to work again. not all business owners are on - back to work again. not all i business owners are on board though. business owners are on board thou:h. ~ ., business owners are on board thou:h.~ . ., ,, , though. what happens if somebody _ though. what happens if somebody doesn't - though. what happens if somebody doesn't wantl though. what happens if i somebody doesn't want to though. what happens if - somebody doesn't want to be vaccinated? do they become a second—class citizen? can they not get — second—class citizen? can they not get work anywhere? it creates _ not get work anywhere? it creates a precedent of impinging on liberties. mass_ impinging on liberties. mass vaccinations could be australia's passport to greater freedom after a slow start at the national rollout gatherings steam, especially here in sydney where t

now you had critics and union saying qantas has jumped you had critics and union saying qantas hasjumpedg consigned to a lower wage through no fault of their own. it is true it is a terrible time to be an airline carrier in australia right now. forthe airline carrier in australia right now. for the past 18 months also, international travel has been more or less banned, really banned, it is really hard to get in or out of australia now. qantas has been posting some really big losses, $1.5 billion this year, $2 billion last year. the only way they were managing to survive up until now was the brief and travel bubble with new zealand and domestic travel. now you have the latest lockdown is and both of these things have basically gone. it has hit the qantas share price, it has gone down by 8% for that they have received a lot of money from the australian government, about $2 billion so far. it is going to be really hard to see a way out of this because the delta variant continues to spread, cities continue to lockdown, and only 15% of people in australia are vaccinated right now. who knows w

tom:tom: we heard from the qantas ceo, how are european airlines doing?ere is a clear divergence. my next chart will show you. carriers like air france, ryanair, it is the clear standout. you see the chart normalized over the pandemic, their stock price is higher than it was pre-pandemic. passenger data shows it is -7% this week in august, compared to the same week in 2019. that is impressive, given iag's passenger data is -50% from the same week in 2019. we are looking at ryanair and easyjet. ryanair is headquartered within the european union. easyjet is in the united kingdom. ryanair able to benefit from open borders within the european union. easyjet suffering from the higher costs due to pcr tests for travelers. tom: how is it playing out in terms of which countries are recovering most quickly? >> greece is a clear standout. you see from the chart, the capacity since 2019. greece now at higher levels, at a quarter of a percent, higher than it was for the same period in 2019. a phenomenal achievement, especially because tourism accounts for 20% of thei

rishaad: we will be talking with the qantas ceo about those results at 2:15 p.m.time, just past noon here in hong kong. also going to be looking at the founder and chairman of the renewable energy provider avaad a, about the company's role in india's energy industry. earnings also in focus. we are expecting from petro china, xpeng, they are the ones to watch when talking about supply chains. and don't forget bloomberg's coverage of the jackson hole symposium. jerome powell speaking on friday. analysts will be pouring on every word. >> a lot of investors are getting ahead of what may be a slightly more dovish tone. >>. >> the fed will be hard-pressed to want to do anything in advance of seeing how labor markets turnout in employment turns out. >> if it is very dovish in its remarks, which is more likely, given that there is this continued surge in deltek cases in the u.s.. >> we are not expecting any strong signal from chair powell that the tapering is imminent in the next september federal open market committee. david: all right, a head of jackson hole, volatility

but when it comes to mandating vaccines, this is really the new frontier because we heard from qantaslan joyce yesterday saying he is requiring all 22,000 of qantas employees to be vaccinated, if you are a fine line worker, cabin crew at the airport. you have to be vaccinated by november. for the rest of the employees, by next year. my dad was one of the first i think in australia to be vaccinated because he just feels like if you work at an airport, you really do need to be protected and protecting your colleagues as well. shery: we will be talking more about the vaccination campaigns all over the world. coming up next, we will be joined by the ceo of an argentinian financial services startup which was valued at $2.5 billion. our interview is next. this is bloomberg. ♪ >> you are watching "daybreak australia." we are seeing the offer you on hold steady with vol continuing to go nowhere. wells fargo is saying it is coming to an end as they lacked the dollar index even in the face of relative -- regulatory risk and concerns. wells fargo staying place for a significant drop of as much a

australian airline qantas has for loaded 2500 staff for the next two months, in response to followingomestic passenger numbers -- following domestic passenger numbers. it is a country -- sydney and brisbane are and walk down because of growing clusters of the coronavirus kent varient. -- delta variant. germany's greens have put climate change at the center of their election campaign. the party wants to create a dedicated climate ministry in the government. other campaigning points for the september elections include speed limits on the autobahns, expanding renewable energy, and faster phaseout of fossil fuels. extreme heat is fueling wildfires in southern europe. dozens of blazes have broken out in greece, croatia, italy, and turkey, forcing evacuations. wildfires on turkey's southern coast have killed at least eight people. reporter: homes, forests, and hold livelihoods have fallen prey to the flames. turkey's wildfires are the worst in living memory. >> the whole village burned down. our homes burned down. if there was a firefighting crew in our neighborhood, this wouldn't have happ

the australian airline qantas has announced it will require all of its employees to be vaccinated againstember. pilots, cabin crew and airport workers will need to be fully vaccinated by then, while other staff will have until the end of march next year. time for all the sport now. it has taken a while but simona halep's season is finally looking up. the two—time grand slam champion was among the winners at the cincinnati open on tuesday. the former world number one, who missed the french open and wimbledon because of a calf injury, beat poland's magda linette to claim her first victory since may. halep, the number 12 seed, lost in the first round in montreal last week and was taken to three sets by linette, but raced through the decider 6—1 to seal her place in the second round. in the men's singles, there was a shock defeat for the number 13 seed, roberto bautista agut. he was beaten in straight sets by grigor dimitrov, who won the title in 2017 but is unseeded this year. the bulgarian won 6—3, 6—4, and plays alexander bublik of kazakhstan in the next round. on to football, and bayern m

us are doing rather well but certainly for the european airlines and also australian for example, qantasl very difficult for something is, isn't it? it difficult for something is, isn't it? , ., ., isn't it? it is and frankly there was _ isn't it? it is and frankly there was a _ isn't it? it is and frankly there was a statistic - isn't it? it is and frankly l there was a statistic from deutsche bank that said 88% of american companies had beaten analyst expectations, think thatis analyst expectations, think that is because firms are about how the second half be more difficult because apart shortages, bmw said similar things yesterday and that is a trend that is bubbling over. we have seen heineken, you deliver talking about raising shipping costs, rising costs of metal for cans, commodity costs, and they are now starting to try to put up their prices to compensate for that. you've got the right sharing company lyft talking about driver shortages and yet ultimately none of us know what the delta variant could mean or what is coming, or more lockdowns coming and thatis or more lockdowns co

sophie: citi keeping qantas on watch. plenty of earnings to digest from down under. in the consumer space -- delivering the results. we are keeping an eye on resource companies today. it is back in the black and boosted its dividend. it will pay a special dividend on its profit jump. it plans to scrap a dual listing. it completed an asset sale. haidi: we will be hearings from the ceo -- hearing from the ceo. andrew cole will be joining us with the results in the coming hours. plus the head of other companies joining us later this week. we have the market opens, look ahead to sydney, seoul, and tokyo, in just a few minutes time. this is bloomberg. ♪ (announcer) looking for a better way to lose weight and feel good? how about the one with a 98% success rate and a more affordable weight-loss solution? that's golo. there are no monthly fees and it's guaranteed to work or you don't pay. no stimulants, no starving, just results, results you'll keep for life. with over 2 million satisfied customers, golo is the new way to lose weight. go to golo.com and get your life back..

in making vaccines mandatory if they did go that path, but the big cannery hsbc has done this and qantasthis as well. and bhp had some sense -- some success with the workplace in chile, that got the rate above 90%. haidi: causing disruptions when there is a break in these mining communities. paul allen in sydney. and we will continue to track the biggest vaccination campaign in history. we have now seen more than 5 billion doses given across 183 country so far. still a long way to go. check out the vaccine tracker at bloomberg.com. the global search for the origins of the covid outbreak began. that led to australia researching. experts now say beijing's retaliation is a clear example of what can happen, even for the wealthiest nations, if -- let's get over to our security reporter. course, still is not the only country that has been the victim of cyberattacks, but what is the difference about this campaign? >> what's different about this campaign really is that we were able to understand from intelligence officials and c ertain analysts to track this kind of behavior that there was a cor

in the australian airline qantas has require all its employees to be vaccinated against covid.is — a lot of low, grey cloud, some of it thick enough to produce some drizzle as well. and it looks likely that that cloudy theme is going to continue, i'm afraid, certainly for thursday and into friday. so quite a lot of cloud first thing. a few breaks drifting their way west to east, but into the middle of the afternoon, the cloud will continue to thicken and we'll see a few sharp showers developing and these will become more widespread into the latter stages of the afternoon. in terms of the feel of the weather, still a little disappointing for this time of year. 13 to 21 degrees the overall high. but as we move out of thursday into friday, it looks likely that the wind direction will change more to a southerly and that's going to drag in some warmer air. yes, there's a weather front waiting in the wings, yes, we'll see more in the way of cloud and rain by the end of the afternoon into the west, but ahead of it there will be more in the way of sunshine coming through. that light so

qantas is launching a rewards campaign for fully vaccinated australian-based frequent fliers aged 18bove. reward options include frequent flyer points, status credits, and travel vouchers. you'll also be able to enter into a prize draw to win a years worth of flights. india's finance ministry has summoned its chief -- the chief financial officer of infosys to slain wyatt's tax filing portal has not been fixed. -- to explain why it's tax filing portal has not been fixed. disney has said it has taken in hundred $5 million in online revenue from the movie black widow, a movie that has warranted a lawsuit from scarlett johansson who says she was cheated. disney paid or $20 million for her work. the pay includes online sales. yvonne: -- rishaad: we provide you with all the in-depth analysis, but also we do it on the radio. there is ryan curtis broadcasting live from our studio right here in hong kong. we also have a studio in singapore. do listen via the app, bloomberg radio plus, or bloomberg radio.com. rishaad: your black with -- your back with -- you are back with " bloomberg markets.

the australian airline, qantas, is temporarily standing down 2,500 employees for two months, becauseacity. scientists are looking at whether the gap between doses of the covid vaccine should be changed to give pregnant women better protection. 600 participants are being recruited to the largest clinical trial of its kind in the uk. a recent study revealed that the vast majority of pregnant women admitted to hospital with covid—19 were unvaccinated. gangs are using e—scooters to sneak on to uk farms and steal high—value gps technology according to new figures. the insurer — nfu mutual — said the cost of replacing the stolen equipment nearly doubled in a year to just under £3 million. but overall the cost of rural theft fell 20% in 2020 as covid restrictions kept criminals out of the countryside. i'm nowjoined by rebecca davidson who is from nfu mutual — who carried out the report is here to talk us through the results in more detail. perhaps hardly surprising that crime has fallen during the pandemic. you can't make off with a bunch of stolen sheep while there is no one on the road!—

but for the european airlines, and also australian, for example qantas announcing yesterday it had toe sectors, isn't it? it is. a statistics from _ some sectors, isn't it? it is. a statistics from deutsche - some sectors, isn't it? it is. a statistics from deutsche bank| some sectors, isn't it? it is. a - statistics from deutsche bank says 88% of american companies had beaten analyst expectations. some of that is because firms are still being very cautious and katie in their outlook. even apple talks about parts shortages. bmw said something similar yesterday. that is a trend thatis similar yesterday. that is a trend that is bubbling under. we have seen heineken, unilever, talking about rising shipping costs, rising costs of metals for cans. they are now starting to try to put up their prices to compensate. you have got the ridesharing company left talking about driver shortages. there are still some very difficult issues. yet ultimately, none of us know what the delta variant could mean or what is coming. armour mau lockdowns coming? that is understandably why lots of firms are not