we very much appreciate it >>> coming up shares of royal caribbean climbing after the cruise line reported a smaller than expected loss we have the ceo on whether guests are returning and how they're managing the debt load and we're awaiting secretary yellen's remarks we'll bring it to you live when it happens a look at the market the dow is up 300 points that's a session high. lagging up about two-thirds of a percent and the ten-year yield is 2676. ♪ ♪ it's electric... made extraordinary. ingenuity... in motion. it listens, learns, adapts and anticipates your every need. with intelligence... that feels anything but artificial. the eqs from mercedes-benz. it's the car electric has been waiting for. [music - cover of blondie's “dreaming”] [music playing] ♪ dreaming. ♪ ♪ dreaming is free. ♪ in order for small businesses to thrive, they need to be smart. efficient. agile. and that's never been more important than it is right now. so for a limited time, comcast business is introducing small business savings. call now to get powerful internet for just 39 dollars a month. with no contract. and a

have you seen these numbers from royal caribbean? lisa: evidently nobody is going on a cruise, and you guys are not alone in that. royal caribbean coming out, third quarter eps is estimated at five cents to $.25. the estimate was $.89, and they expect a net loss this year. tom: we could do a cruise from st. petersburg to miami. jonathan: i will still take a miss. hard pass. no interest at all. lisa: anything else? jonathan: can you imagine seeing the same people every single day, and you are stuck on a boat? come on. tom: you just sit by the pool. jonathan: you go on vacation to avoid people. you see the same people every day. lisa: look at those markets. jonathan: look at those markets. from new york, this is bloomberg. leigh-ann: keeping you up to date with news from around the world, with the first word, i'm leigh-ann gerrans. a few minutes from now president joe biden will speak with china's president xi jinping. the phone call takes place at a time of increasing tensions between the two countries. china is unhappy that house spe

i like royal caribbean right here.harles: guys, the misery index is absolutely exploding, or imploding might be a better word for it. we put the map up. that's misery state by state. erin, how do you explain that discretionary stocks being the number one performing sector in the last 30 days with this kind of pain? >> you know, part of it is that we've got, you know, companies like apple, amazon that really trade very closely into more of like a semiconductor versus pure consumer discretionary. when you look at some of the retailers, they're still struggling,st just these mega cap names -- . charles: stealing it a little bit. i got you. michael, ap apple near the all-time high. obviously, it's a money-making machine. they bought back 22 million of their own shares in the last quarter, but there are some holes there. >> what a company. i mean, how many superla tyes can you throw at a company that's probably the best run in the world? you got to put it somewhere. so like you said, they're buying back stock, but supply ch

where does royal caribbean stand in recovering from the covid crash? >> it has been 20 months since we have been able to say we were cash flow positive. we have seen our business come back up and running for all 63 ships, back on the water, some occupancies returning to normal levels. for the second border we reported 82% on our load factor, more than people expected it to be. what we saw in the month of june is sailings at or north of one hundred%, the business has returned to normal and we are back to doing what we do best, which is the best vacations in the world. jack: there's less testing required. is that affecting your operations? is that a step toward normalcy? >> the cdc who we worked with closely over time gained respect for our protocols and moved recommendation status so we are now starting our voyages on august 8th, folks that are vaccinated, that is going to begin to unravel what is still a hurdle to broader travel as well as cruise which is testing and vaccination. jack: one hurdle, more appear particularly inflation. the cost of diesel

on board the royal caribbean cruise was adelaide lawyer gavin dallow, his wife lisa, and her 15-year-oldm loechel: lisa and zoe changed his life. i just know that's the greatest thing that ever happened to gavin. when i first met lisa, it was-- you could tell there was just something, amost of all, he was sjust so happy.- brian dallow: they were really looking forward to it, and then gavin sent a picture of them as they were going through sydney heads and said, "goodbye australia, hello new zealand." stephanie: also on the ovion of theeas was sydney family the langfords, mum and dad kristine and anthony and their teenage children jesse and winona. john cozad and his son chris from new south wales were on board too. rita yousef: there were lots of famies takingi suppose, an early christmas, or a lead-in to their christmas holidays, and the mind-set really is to be carefree, to let the cruise company look after their holiday. they've paid a lot of money, they've planned for it, they've taken leave from work. their mind-set is, "i can let them look after me." stephanie: one of the highlight

royal caribbean booking holdings, you have caesar carnival, the second day in a row still doing well.n the downside, the second worst performer within the s&p is ibm, they -- the company -- if the dollar has reached the top, it is going to provide support for these ultranationalist. if it does not end the fed continues to go hawkish, that is going to provide a earnings headwind for these big, multinational companies. anna: let's return to our other top stories. the scorching heat wave tormenting europe, temperatures have soared to a new record in the u.k. joining us now is our renewable energy and climate change reporter. will, it was the turn of england to get a new record. wales, a new record. is this climate phenomenon happening a lot more quickly than those who are expert in this stuff were expecting? will: i think for some people, the chief meters all -- chief meteorologist said he did not expect to see this in his lifetime. at the same time, this is the trajectory that has been productive. maybe the timeline is quicker than some may have thought, but the reality is -- is the con

in the s&p you are seeing royal caribbean rising. we haven't seen that kind of reopening winning streak since back in april. on the downside we have baker hughes, down 10%. the company is warning about supply delays for everything from computer chips to electronic air. the reason why this is important is an oil services company, it has a ton of exposure to the lng as well. the supply constraints from the services company all the way through to the production company could be huge. that is why this is a good read through to the energy space as well. anna: absolutely. let's focus on one of the big stories of the day, and that is around u.k. politics. we just heard the final results can -- results in the battle to get to the last two, and it is a sunak-truss final. rishi sunak is going to go up against the foreign secretary, liz truss in the runoff to succeed boris johnson. we know boris johnson is not staying in one of these two will succeed. will not find out who until early september. these two will spend august traveling the country

if you go by what royal caribbean said this week, demand is not there. that is a problem. shorts are very company-specific. it is more specific than a macro view, this is a real source of our for generation in a market like this. jonathan: this final point is so important. alphabet versus facebook as well. barbara ann bernard of wincrest capital. that has been the story of the week, hasn't it? if you look at walmart, amazon, things are just about ok. alphabet, things are all right. google doing all right on the ad revenue. the dispersion within those industry groups is pretty interesting. lisa: which raises a question of whether this is an execution issue or consolidation? how much is that the story of the bifurcated earnings, rather than wholesale weakening that pretends something to come on a macro scale? jonathan: given amazon and apple, we are doing ok this morning. here is the quote of the morning so far from barbara and. there is no more guidance because they are always wrong. kailey: and they are tired of being wrong. she is saying the equity market heard this the w

hasbro, the home builder, royal caribbean, giving up some gains from last week. >>> coming up today, former barclay ceo bob diamond joins us with his calls for the fed to go big with its rate hike at this week's meeting what could happen if they don't. plus we'll talk to goldman sachs jonny fine >>> we'll begin with this crucial week for tech. key earnings kicking off tomorrow with apple and microsoft. news results after that disappointing second quarter number from snap last week joining us now is dan niles. dan, it's making moves in the wake of what we got from snap. what are you doing >> well, we had put out a note a couple of weeks ago talking about how we had concerns over ad spending for the internet companies and that would affect everybody, including google as well as all the other big names. and what you saw on friday was really much worse results coming out of that market than anybody anticipated. remember, snap said in june revenues were up 30% year over year that's -- sorry, in april, revenues were up 30% year over year and by june that had gone to zero. for us, we had co

consumer discretionary is the best performing group in the market thank you royal caribbean, etsy. travel stocks are rallying technology is doing well thanks to the semis thanks to netflix and all the media companies. energy is having a strong day. the defensives are lagging staples and real estate. there goes the bell. s&p up 0.6% taking the week to date gains that's it for me now to "overtime" with scott wapner >>> sara, thank you very much. welcome, everybody, to "overtime. i'm scott wapner we're just getting started at post 9 at the new york stock exchange another big earnings evening with tesla, united airlines and las vegas sands all reporting. we do expect those results any moment now we will have the stock moves, the analysis and of course everything you need to know up to the minute, josh brown will join me with a big portfolio move of his. you do not want to miss that one.

here are some of the names hitting 52 week lows today and they include under armour, caesars and royal caribbeanown about 70% from their highs match group hitting an all time low and disney down 51% from its recent highs at its lowest levels, the month the pandemic hit. the past 3, 6 and 12 months, yikes. to kate rodgers now for an update kate >>> a 38-year-old texas man was driving the pickup truck that crossed into an oncoming lane crashing into a van carrying a new mexico college golf team, not his 13-year-old son as investigators thought. the ntsb said the man had methamphetamine in his system. the man, his son and seven people on the van were killed in the crash. >>> in virginia authorities now say they have located all of the 44 people who had been unaccounted for after severe flooding they say many of them were reported missing because power failures made it hard for family members to check on them mario draghi is resigning as italy's prime minister after one of the parties in his ruling coalition withdrew its support in a dispute over economic policy >>> and former president trump tells

a lot of the travel stocks, royal caribbean is $31 a few days ago look at this 36 now general mote yards at a new low a few days ago $30. now look it is heading to 35: $144. i remember when i did a report a week or so ago they ran some of the global industrials hitting new lows a while ago. 43 you see these are all moving to the upside now laggers, it's all of those defensive names. the name you know and love the johnson & johnson, kimberly clark. good sign for the markets. we're getting action in the cyclical sectors >> absolutely, bob thank you. and now to the bond market we have part of the yield curve still inverted rick santelli welcome back to me, it is really striking we can have this strong a stock market rally with yields still up around 10 year up around 3% it's not like this is happening because everyone thinks the fed is about to cut 75 basis points. >> i know. it really is quite incredible. it is a tale of two different sections of the yield curve. look at a two year note yield. and kelly is talking about the market is hovering but two year note yields are like the s&ps on p

rcl, royal caribbean and norwegian both are down, you've got royal down 9% norwegian down almost 8%.wing up a tele health business, the $3.9 billion deal for one life healthcare, this is a primary care practice under the name one medical is the first major acquisition announced under new amazon ceo andy jassey. amazon is up 1% but look at one life up 68% on the news. one medical operates a network of boutique primary care practices and offers a big range of telemedicine services. when amazon entertainment enters the sector, rivals sell-off and that's what we're seeing right now with cvs and walgreens boots down each more than 1% apiece. amazon helping rivian shares move higher after the e-commerce king began rolling out delivery vans produced by rivian which is of course an electric vehicle maker. the vans are being deployed in a handful of cities including seattle, baltimore, chicago and phoenix. the initial rollout is a start, amazon plans to have 100,000 of rivian vans on the roads by 203d one-third percent. airbnb co-founder announcing he is stepping down from his full time role

oh, royal caribbean is up 9%. got to be some kind of covid news there.ease? show me big tech. no, we can't do it. [laughter] okay. i'm working on it, folks -- lauren: align technologies. tesla. stuart: yeah, tesla. 846, is your price. honeywell's on that list as well, cadence and kraft heinz all doing well. >>> we're just learning that president biden will deliver remarks at 12 noon eastern time. these remarks will be about senator manchin and senator schumer's reconciliation deal. we also have this: 15 states have dropped below $4 a gallon for gas. will that trend continue? i'll ask gasbuddy's patrick dehaan after this. ♪ ♪ tried to hard -- so hard to give you what you need ♪♪ ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq we hit the bike trails every weekend yeah... oh. don't worry i got it! shinges doesn't care.

some of the big winners there include carnival, ford, borg-warner, royal caribbean and bath and bodybass on whether oil prices will rally back to new highs following the big snap-back we've seen in recent sessions. we'll be right back. ♪ ♪ well would you look at that? ♪ ♪ jerry, you've got to see this. seen it. trust me, after 15 walks it gets a little old. i really should be retired by now. wish i'd invested when i had the chance... to the moon! [golf ball bounces off rover] unbelievable. ugh. [ding] ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq did you know your health has more to do with your zip code than your genetic code? that doesn't seem fair. we agree. but where you live determines access to doctors, green spaces and fresh food. that's why we grow our own. smart. we don't think it's right that some people are healthier than others jus

royal caribbean, that cruise line operator is up 5.5 to 6%.5 million trading shares volume it reports a smaller than expected loss on better than expected revenues. travelers are continuing to fuel demand for cruises, especially those on the higher side of things by the way, customers are spending more on those cruises. >>> next up, shares of harley davidson, which are motoring, if you will higher by 7% or so 2 million shares of trading volume the motorcycle maker had better than expected profits and revenues it was able to shake off a two-week production suspension due to supply issues. >>> and stanley black and decker, one of the worst performing stocks in the s&p 500 after the tool and small appliance maker reports worse than expected profits and revenues it also cut its full-year guidance it saw more softening of demand in the second half of last quarter but that it does expect demand to normalize nonetheless, the second worst performer right now in the s&p, down 13% back over to you. >> i'm looking at performance over three, six, 12, almo

in the last five trading days, names like goldman, amazon, and royal caribbean, hopping 10% or more. the s&p 500 up over 4%. the nasdaq topping close to 6%. have we come too far, too fast? did two earning reports. missing on margins. >>> united also dropping big time after hours. ceo scott kirby will join us for exclusives minutes from now look at that popping over 40% just. >>> it's good to be here and good to see all of you. >> take effort. >> it was like when queen played at wembley stadium, got on a plane -- >> that was phil collins? >> it was bad. >> tesla. the electric vehicle automaker were initially rallying after hours. missing on revenues. missing on margins. the stock covering around the flatline right now. we are going to go inside the numbers. >> it was a beat in terms of earnings per share. tesla earning two dollars and 27's per-share. revenue falling just share of expectation coming in at $16.93 billion. the street was expecting $17.1 billion. it's a numbers within the numbers that are putting pressure on the stocks. quarter to automotive margins, gross margins, ask ze

the cruise lines are taking the biggest hit norwegian and royal caribbean also lower and among the biggest s&p 500. jonathan serrie is in atlanta with more on the rising cases, and jonathan i look around and i don't see more people wearing masks or even being overly concerned. >> yeah, there's a lot of mask fatigue, people are ready for this to be over but federal health officials say the virus is not done with us. there is some good news on the vaccine front. moderna announcing today it's making progress developing vaccine updates for the fall that will target omicron and several of its sub-variants and also you have health officials announcing today they have secured 3.2 million doses of a new vaccine developed by novavax this is a protein-based vaccine that's expected to receive fda emergency use authorization in the coming weeks and the federal government says it wants to have the shots ready to provide to states as soon as they're approved for free. this would give americans another alternative to mrna vaccines, more than three-quarters of americans have received at least one shot of

you've got carnival up 7.5% norwegian up 4%, royal caribbean better by 6.5%.an yesterday when the cdc said officially that it ended its covid-19 cruise program which required cruise lines to report the number of cases on each ship and subjected cruises to certain testing and vaccine requirements now, they will only make recommendations. joining me now the ceo who steer ed carnival cruise line through the pandemic, carnival corp. arnold donald who is stepping down to serve as vice chair. you couldn't step down before the pandemic so you'd avoid all these headaches, arnold? >> good afternoon, liz, always good to be with you. some people thought it was a good idea but i was glad i was with my team to navigate through it. liz: indeed, look at the shares today, the cdc's move obviously is great for the stock, but is it good for passengers and in turn, your revenue? i mean what kind of plan do you have in place to keep cases from blossoming on your ships and by the same token, have you seen any kind of move in the bookings >> well, you know, liz, we have almost 90%

we've got truly something for everyone and many spaces to bring the families together to royal caribbean norwegian cruise line will also introduce new ships this year. grady trimble fox business. this is ktvu fox. two news at 600 women come forward, accusing uber drivers of sexually assaulting them, and they lay the blame at the hands of the rideshare giant. they're the nexus between these women and the drivers. but for uber, these women never would have gotten in this car and they never would have been sexually assaulted. a new class action lawsuit filed in san francisco superior court alleges serious security and cultural problems at uber good evening, everyone and mike mibach and i'm julie julie haener. the lawsuit includes at least 550 former passengers who say uber repeatedly failed to prevent violence against women on its platform. as ktvu tom baker explains, the passengers want to see meaningful change. inside uber. some 550 women are suing uber the ride hailing company alleging their attackers were

carnival down almost 6%, royal caribbean down more than 6%. shares of rocket companies are blasting up. i had to say that, rocket companies as you can see right there is higher by almost 5%. wells fargo upgraded the rating on them to overweight. wells fargo says the fintech which owns brands like rocket mortgage and true bill says negative sentiment over mortgage s may have peaked and the company could be poised to gain market share overtime given its scale. well, cancellation chaos at the nations airports driving holiday travelers batty. the founder of scott's cheap flights is here to tell us what the real problem is with the aviation industry and if you can still find a bargain, in the post-pandemic travel boom, take a look at the big board one more time before we go to break. these numbers have been back and fourth now the dow is up 159, the "clayman countdown" is coming right back. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality

handling new cases and plans to spread the slow of the virus, they are all up handily today, royal caribbeaneople are getting covid again and again. is this the new normal. >> it is more positive than that. we are blanketing society with oma connery infections building up some immunity and the real headline is with all those rapid home tests you are doing it is probably a million cases a day, not 180,000 or 150,000 and they are mild, they are not coming to my attention am not coming to doctors attention or if they are, i am worrying something else if you are getting over it, hospitalization rate if you count all of these tests we don't count is actually not going operate, the death rate is up 400 in the united states. that's the new normal but as we see more immunity and get better vaccines we will end up with something more or less seasonal. we are not there yet, but all the fear and all the threats and governmental warnings have a big downside. ashley: you expect another spike in the fall and are we doomed, i said doomed, should we be taking boosters after boosters like we get the blue sho

for example, royal caribbean has $8 billion in debt coming up in the next year and a half. at this point i can't recommend any of them. i don't have buy ratings on any of them. >> presumably much higher refinancing rates for them. just looking in terms of potential catalysts for this group. what happens when vaccination and testing gets dropped. >> those would be huge positives, especially dropping the vaccination requirement. unfortunately, it doesn't seem like it will be happening this year. if there's a little bit of luck it might happen perhaps the middle of next year. yes. if that were to happen, it would be a positive but it's not going to happen this year. >> cruise lines are positioned as the value option. is that going to be of many help, the fact that we have more concern about spending in the second half of the year? >> yes. that's absolutely true. even today, they are an exceptional value. again, the challenge is demand took a huge hit. you're coming back from such a low base. it will be hard to get enough dehand in relation to where we're starting and next year

cruise lines also outperforming today business going so well that royal caribbean is now paying up aand that's going to come into service as early as this year, in fact cruise lines are some of the biggest leaders on the s&p 500 today. airlines are also on the up and up. delta announcing its first big boeing order in a decade, ordering 100 of the 737 maxes and option for another 30 and they're looking to cut their field costs which delta said wobble evita cocoed for sometime we know that jet fuel accounts for 70% of airline costs and it's not just delta. boeing is get a lift from luftha nsa, a bigger man airline buying 10 large boeing freighters and by the way you had boeing cutting their 20 year industry-wide outlook but if they get these type of orders once again you wonder if it's really a big of a slowdown that they're seeing. ashley: that's very true. susan, thank you very much. let's take a look at the big board quickly here. as we say the dow is up 142. we're up 300 points earlier, so maybe a little loss of momentum but still up half a percent as you can see on the dow. let's

a five-day royal caribbean for 60 bucks a day a week-long celebrity cruise from ft., belize, mexico, bahamas, for $80 a day. given the gas prices in the state -- >> it's cheaper to go to a cruise so i did it. >> reporter: his four-day carnival cruise cost $139 plus taxes and fees he said he saved a minimum of 350 bucks. >> if i had used other services on the ship, it would have been higher, but i didn't go to the specialty restaurants. i don't drink anymore. >> reporter: but will these deep discounts be enough to lure regular cruisers back to the open seas? travel expert mark elwood says the industry is still combatting a big covid image problem dating back to the early days of the pandemic >> there were lots of problems about the way they operated the ships. they have changed those. the air circulation on board has been improved, the protocols have been improved >> reporter: helping ease concerns, many companies require covid vaccines for adults and most kids, and the experience is centered on being outside, likely on a pool deck. >> the cruise business was dead, es

on royal caribbean "navigator of the seas," $99 per person, just $33 a night. >> i'm calling this a goldent express this pricing to last. we're seeing some really spectacular deals, but we're also hearing from the cruise lines and those who sell cruises that 2023 is booking up really strong. so if you are looking for a deal, this is the time to book your deal. >> when the prices dropped so dramatically low, it was incredible. >> reporter: ed o'donnell typically stays in hotels. this year he chose to do a cruise instead for five nights spending less than $100 a day. >> i spent literally less than $500. i think if you include parking it was really quite fantastic. >> reporter: ed's tip for an extra cheap trip, choose an interior stateroom. no, you won't get a view but on a cruise you'll most likely be spending time on an outdoor deck and sometimes you're even upgraded. and when you travel that makes all the difference in pricing. >> if you are looking to travel right now and you really want a great deal, great deals are being offered in the month of september. you can get good deals in augus

we've got truly something for everyone and many spaces to bring the families together to royal caribbean will also introduce new ships this year. grady tremble fox business. all right. thank you. grady. looks like fun. the bahamas. i'm sure must be nice. let's check in with our bay area traffic, though, this morning. hey, guys . good morning. we still got just a few things to talk about this morning. i want to take you over to the north bay here just right at the border of the marin county and sonoma county lines, the same crash that we've been talking about all morning long and overturned big rigs, causing some trouble here. regardless of your heading north or south. it's going to affect you because lanes are closed in both directions. it's going to be there for quite a while. let's go and take this over to the east bay as well, because we're talking 80 80 north bong, there is an off ramp of the tennyson road off ramp, or i should say on ramp. now closed because of a crash. they're not causing too much of a traffic headache, but it's just something you need to know if you need to head i

royal... what do you call it? paraphernalia. paraphernalia in our front living room. she particularly loved princess margaret because she had a home in the caribbeanow, we can... we somehow rub along. where you flag—waving during thejubilee? or is it all, you know, whatever? let me tell you a story. the most dramatic day of my life, in a way, political life and in a personal level, was the day that barack obama became president of the united states. iknew him... because, just to explain, you had both been at harvard law school? because we had both been harvard law students, and we had become friends. i had stayed up all night commentating on the media, including with you, on his victory. i hadn't slept. and that evening i had to go to buckingham palace to become a privy councillor, you know, when you become senior in parliament, you can get recommended in the right honourable is because you become a privy councillor. there is a ceremony that you have with the queen, you kneel before the queen on a beautiful soft cushion, you kiss her ring, and you swear and you become a privy councillor. and i'm afraid because i had been so tired, i had stayed up

royal navy to collect customs students. the result was that many people would have been openly buyingthings from the caribbean or france anymore . speakingvery expensive . a needle and thread was something robert morris order soto be smuggled in from europe because he could make so much money with needles and thread because americans wouldn't allow them to manufacture anything . they had to send raw materials. so as the struggle between en the two went on there was less and less commerce between americans and europe. and the average citizen had to pay for it. >> when my kids were studying this period in american history, i always told them to pay attention to the qucbec as i've always thought and maybe will get some questions about this or comments but it's really underrated, the qucbec act as a cause of the break between the colonies and great britain. what is your take on the and how did it affect the mentality of colonists both rich and poor ? >> the qucbec act which was finally passed in 1774 after the townsend act did two things that many americans, english americans presented. one, it may catholicism the state church of

royal navy to connect the customs. and the result was many people that had been openly buying things from the caribbean or france couldn'tnymore. the goods became very expensive. needles and thread was something that robert morris ordered to be smuggled in from europe. there was less and less commerce between americansns and europe. and the average is citizen had to pay for it. >> when my kids were studying this period in american history, i always toldn them to pay attention to the act as i always thought for some questions and comments in the chat it is underrated that it is a cause of the break between the colonies and great britain. what is your take on the act, and how did that affect the mentality of the colonists both rich and poor? >> the act that was finally passed did two things. many resented. one, it made catholicism in the stateeb church of the huge probm of quÉbec. two, at extended quÉbec beyond what we call quÉbec. all the way down to the ohio valley. and it also cut off the trade with the native americans in quÉbec province.e. so americans basically saw that they were being boxed in. but new englanders we

of russian gas in the heart of england is now hotter than in the caribbean and western sahara breaking news, as sky new learned, the royalhe runway melted due to this extreme heat, london is becoming one of the hottest places on the planet. believe it or not, this is the first time the heat has been over 40° here in britain. we will use air conditioners more often. we will buy more portable fans, which will really affect the load on our electrical network. as you know the bills have risen significantly and this only increases the pressure on the budget of the family at a very bad time for record high temperatures. europe prepares for a potential full-scale gas crisis later this week, just as a historic heatwave has boosted demand for energy to help cool homes and businesses across the continent, the nord stream 1 pipeline is set to reopen after 10 days of scheduled maintenance, but worries are growing that russia will keep closed in response to sanctions imposed eats the gas crisis has come at the most inopportune moment in europe and is not helping from record heat parts of france spain are fighting forest fires as it r