tv Asia Business Report BBC News February 21, 2018 1:30am-1:45am GMT
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i'm sharanjit leyl. our top story... the bombardment by the syrian government of the rebel—held enclave of eastern ghouta continues, prompting the un to warn of the risk of a second aleppo. activists say more than 200 people have been killed since sunday. six hospitals have been hit — making it even harder to treat the wounded. as survivors of last week's florida school shooting continue to demand changes to gun laws, president trump says he's willing to ban so—called bump stocks, which turn rifles into rapid—fire weapons. and this video's trending on bbc.com. queen elizabeth has attended her very first show at london fashion week. she sat in the front row of a show by designer richard quinn, next to the woman often referred to as fashion royalty, vogue magazine's anna wintour. that's all from me now. stay with us on bbc news. and the top story here in the uk: oxfam is investigating 26 allegations of sexual misconduct, which have been reported since allegations were made against some of its workers in haiti.
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now on bbc news, all the latest business news live from singapore. his team mix business with politics? donald trump jr visit india. his team mix business with politics? donald trumer visit india. —— is he mixing. a look at how chinese internet giant aliba ba he mixing. a look at how chinese internet giant alibaba has turned a little—known chinese city into a start—up capital. it is wednesday, everyone. good morning, asia, hello, world. magic a drone is this midweek edition of asia business report. i am rico hizon. we start off with the us president's summit, donald trump jr, he will be talking with buyers
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of trump branded apartments. could xa he is cashing in on the president's name but mr trump says he has been building relationships in india for years. we managed to catch as he was leaving trump tower. on his first day in india, donald trump on his first day in india, donald trumerwas on his first day in india, donald trump jr was not giving on his first day in india, donald trumer was not giving away anything. sir, one should be meeting the prime minister as well? a potential meeting with india's prime minister has stirred controversy. donald trump jr will be minister has stirred controversy. donald trumer will be addressing the global business summit on friday alongside narendra modi, but he insists she will only be conducting business, not politics in india. —— he. and insist developments like this one of the only reason he is in india. just this one of the only reason he is in india.justa this one of the only reason he is in india. just a few miles outside delhi, these ultraluxury apartments are becoming the fastest selling for
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the trump brand in india. indian developers have said the value of trump brand of buildings has risen by as much as 30% since mr trump became president. they also control the principal design, the architecture, the specifications. they are fairly involved in the product end to end, not only while we're building the product but also while we over services. donald trump jr has partnered with local builders who managed construction. in return for using the trump name, the president's family business receives a hefty royalty fee. buyers of the brand—new project in delhi are being offered the opportunity to have a dinnerand offered the opportunity to have a dinner and conversation donald trump jr. critics are saying that
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campaigns like this one in the newspaper or on ethics atrocity. but donald trump jr newspaper or on ethics atrocity. but donald trumer says his company is simply seeing the results of his effort to cultivate relationships in india for nearly a decade, something he plans to continue on this visit too. canadian prime ministerjustin trudeau is in india for his first official visit and is pushing for more trade between the two countries and head of his meeting with the prime minister, justin trudeau told a gathering in mumbai that his delegation has struck deals for investments in canada. by indian technology giants. ca nada's investments in canada. by indian technology giants. canada's prime minister has been in india since saturday when he spent the first few days going to sites like the taj mahal and india's top business school, all part of an effort to underline the cultural connect between india and canada. at on tuesday, he shifted his focus to
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trade. an area that has been neglected, this despite the huge presence of influential indians and canada. bilateral trade between the two countries stands atjust $8 billion, justin trudeau met a wide range of indian business leaders on tuesday in mumbai and he managed to strikes and deals. there are huge compatibility is and compliments between india and canada, so much so that coming out of meetings this morning and a few other meetings that we have had, we are able to announce today over 5000 newjobs in canada and over $1 billion of investment in canada. we also talked an awful lot about canadian companies investing in india, in partnerships here, in our pension funds and investors being extremely active in all the amazing thing is going on here in india. justin trudeau will meet india's prime minister narendra modi on friday for formal talks. india is hoping to
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signa formal talks. india is hoping to sign a deal with canada's pension fund to invest in india's smart cities programme, which is working towards modernising the country's infrastructure. canada, on the other hand, will raise the issue of india raising hefty import duties on lentils and should these. these goods account for one third of canada's overall exports to india and that is why this is an important market for canadian farmers. india says that falling prices of both crops internationally and cheap imports are hurting indian farmers. the other indian farmers who are expected to feature —— the other issueis expected to feature —— the other issue is expected to feature are security, energy, and military cooperation. walmart led the dow jones industrial average lower overnight. the compa ny‘s jones industrial average lower overnight. the company's shares falling more than 10%. earlier, a
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ask a business reporter why walmart‘s shares took a hit. ask a business reporter why walmart's shares took a hit. walmart has taken a real shellacking today on wall street, it is down 10% at the close and the real concern here is about the online sales. walmart, we all know is one of the biggest perks and mortar retailers in the world but it is engaged in a bruising battle with and is on, it really needs to compete with is on, if it is to survive as a retail giantand so, if it is to survive as a retail giant and so, analysts and investors closely watch the growth numbers in online sales, even though online sales only account for about 4% of all my‘s overall revenue. —— amazon. —— of their overall revenue. all my‘s overall revenue. —— amazon. -- of their overall revenue. china's e—commerce giant alibaba calls the chinese city of hangzou home. the city has gained growing confidence asa
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city has gained growing confidence as a global technology hub. as part of our special series, we look at the country's ambition to lead the world and artificial intelligence technology and the start—up ecosystem that surrounds alibaba. its base is a third for offers in a grotty block in hangzou, a city that is now synonymous with china's tech industry. a city we cannot escape talk like this. hangzhou's success is down to
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history, it is at the southern tip of china's grand canal. it is a place that has long looked out towards what is on the horizon. in the 1970s, when china opened up the trade, this was one of the first places to open up. a company that has been here for almost 20 years, a company that has changed china, a company that has changed china, a company that has changed china, a company that is everywhere although you can't see it, and at the helm of that company is a man who can well, almost walk on water. his name is jack ma and he founded alibaba, an online retail giant that now spreads across all of china. it has helped create a multi— billion—dollar ecosystem centred in hangzhou. and that was hangzhou, one of asia's silicon valleys. in other news, straighter‘s wesfarmers posting a
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7796 straighter‘s wesfarmers posting a 77% plunge in profitability after earnings dropped sharply at its coles supermarket chain and it looked a $1 billion write—down against its british hardware business. the brick and mortar it companies having difficulty over the last year. —— companies. the all ordinaries index is down by a point, this is after the downbeat mood on wall street overnight. thank you so much for investing your time with us. iam rico much for investing your time with us. i am rico hizon, much for investing your time with us. iam rico hizon, sport much for investing your time with us. i am rico hizon, sport today is coming up next. our top stories this hour... 250 people — including 50 children — are reported to have been killed in two days, as the syrian government continues to bombard the rebel enclave of eastern ghouta. and president donald trump has expressed his willingness to ban bump stocks — the devices which allow a rifle to shoot in almost automatic bursts. one of scotland's largest councils
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will provide free lunches to children from low—income households every day of the year. north la narkshire council say they'll use sports centres and other facilities to provide meals when schools are closed. the pilot scheme will begin this spring, as our scotland editor sarah smith reports. yeah, there's all different foods you can get. my favourite's chicken curry. it's tomato pasta. so this is your favourite meal you've got today? yeah. you get lettuce and you have tomato and you have all the pasta. when i was at school, school lunches were not something you looked forward to, but are they actually good here? yeah. really good. all the kids here do seem to really enjoy their school meals, and the teachers know that, for some of them, it's the best meal they're going to eat all day. when the schools close, quite a few of these kids do, sadly, go hungry. that's why north lanarkshire council are to pilot a scheme providing free lunches to kids who need them, notjust on school days, but every day.
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every so often, you can spot that somebody‘s hungrier than we would like them to be, after a weekend or after a holiday period, in particular. it can be individual children, we know that food is an issue. if you're hungry, you won't learn and you won't achieve. other councils in the uk provide meals during school holidays. north lanarkshire will be the first to make free lunches available 365 days a year, from primary one up to the third year of secondary school. i know there are children out there that don't get a meal. some adults go without to give their kids during the holidays. the children get full meals at school, so in the holidays and that, you give them a piece for lunch, and they're, like, "where's my hot dinner?", ken? about 40% of these children qualify for free school meals, but the school works hard to make sure it's not obvious who, to avoid any stigma. for the same reasons, kids won't be coming into school at weekends and holidays, meals will be served in leisure centres or community halls. it will cost around £500,000 a year to feed kids who might not otherwise eat a proper meal over the weekend.
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we know that at holiday periods and at weekends, some parents, sadly, find it difficult to feed their children. we hope that this will give them the opportunity to do that. hungry children can't learn properly or achieve their full potential. north lanarkshire might be one of the most deprived areas in the uk, but they hope that doesn't mean that kids here have to go hungry. sarah smith, bbc news, wishaw. remember, you can get lots more about top stories on our website on bbc.com. we have got mike embley who will be back here at the top of the hourfor more news, but time now for all the sports news in sport today. hello, this is sport today, live from the bbc sport centre. coming up on this programme: lionel messi scores his first ever goal against chelsea as barcelona draw 1—1 in the first leg of their last 16
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champions league tie. double delight, canadian pair tessa virtue and scott moir break the world record as they ice dance their way to gold at the games. and tiger woods has been named as a vice captain for the united states ryder cup team to play europe this year. hello and welcome to the programme, where we start with the footballing news from the uefa champions league that lionel messi finally broke his goalscoring duck against chelsea to help barcelona to a 1—1 draw at stamford bridge in the opening leg of their last 16 tie. it was a first half of near misses for chelsea as willian hit the post twice, but the brazilian finally found the back of the net at the third time of asking just after the hour mark with a wonderful strike.
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