britain's prime minister, theresa may, has welcomed donald trump with a lavish dinner on his first visit to the uk as american president. at the event at blenheim palace in oxfordshire, mr may made a case for a new trade deal with the united states after britain leaves the european union. injapan, at least 200 people are now reported to have been killed in the worst flooding to hit the country in nearly a0 years. rescuers are still searching for dozens of people missing in the prefectures of hiroshima and okayama. and this story is trending on bbc.com. workers at an italian fiat chrysler plant will strike over the signing of cristiano ronaldo tojuventus. the football club and the carmaker are both controlled by the agnelli family, who agreed to sign the portuguese star for over £99 million. that's all from me. another story making the news here in the uk: ministers have given their approval to rupert murdoch's bid to take control of the broadcaster sky. his company, 21st century fox, has agreed to sell sky news

to address concerns about his influence over the uk media. the us... between time warner and at&t. and it's the deadliest natural disasters since the 2011 tsunami. we find out how long it will take for japan to recover from the latest floods. good morning, asia. hello, world. it's friday, almost the weekend, glad you could join us for another action packed edition of asia business report, i'm rico hizon. it's a merger that could shake up the us media industry for yea rs shake up the us media industry for years to come. 0n talking about

telecommunications giant at&t buying up telecommunications giant at&t buying up time warner for 80 billion us dollars, but the us government has decided to appeal this landmark court ruling. —— i'm talking. paul blake has been following this from new york. these are two of the biggest media companies and firms in the us. they just biggest media companies and firms in the us. theyjust got married last month as a result of a two—year legal battle that was widely seen as one of the biggest anti—trust cases in the united states. during the legal battle the government argued that tying up these two companies would essentially harm consumers, drive up prices for the home consumer who wa nted prices for the home consumer who wanted to watch content, streaming 01’ on wanted to watch content, streaming or on pay—tv, but the companies argued that they are competing with the likes of netflix and amazon and various streaming services these days, we have to tie up to compete going forward. the government essentially sided with at&t and time warner last month and allow the two companies to tie up, they moved ahead quickly to do the merger after ahead quickly to do the merger after a couple of days after the case.

today we saw the us justice department, the trump administration, to say they will appeal the decision and they've done that this evening. among legal eagles circles, can this marriage be broken up? that's the big question now. we know that this will bring about a second round of proceedings, another court battle here. at&t says they were surprised by the move, they hadn't expected it, but they are prepared to continue to fight for the right to continue to fight for the right to merge with time warner. they're already merged, so potentially if they were to lose the appeal, you could see an extraordinary situation where they would have to merge and uncouple, these two companies. the uk government has prepared a dealfor rupert the uk government has prepared a deal for rupert murdoch's 21st century fox to buy sky. the british broadcaster has been the subject of a fierce bidding war between fox and

comcast. comcast‘s bid has already been cleared. japan is suffering one of the worst natural disasters in years. 200 people have lost their lives and 70,001st responders continue to search for the missing. as rescue operations go on and people begin to rebuild their lives, officials are only determining the financial cost to the economy. earlier i asked an expert from a university what the damage the economy has been so far. firstly, of course, the physical damage that's been caused but secondly i would say the distribution network that's been truncated particularly in western japan and companies that have obeys there, for example, like master, in hiroshima, is suffering and is likely to continue to suffer on the back of this and thirdly the religious text —— like hiroshima. ——

like mazda. in thailand this happened years ago and it impacted the supply chain major manufacturers. absolutely. that's the biggest worry we should have from the economic point of view. we are going to get designated disaster severity on this one so designated disaster severity on this one so they will have a ten to 20% increase in budget from the government. but that said, that's not going to do the job very well. we need the fundamental changes, the notion by the companies, because most inventors asked is, look at the cp, business continuance the plan, is focused on disasters against earthquake. —— bcp —— event disasters. the nikkei asian review supporting

companies have prepared for earthquakes and not torrential rains. absolutely. 0nly rains. absolutely. only 30% have focused on the flooding side. but let's face it, this is a country where we don't only have earthquakes, we've got lots of typhoons. as you said, water related disasters so we basically have two diverse and open up more on theissues have two diverse and open up more on the issues of climate management and crisis management in the future —— have to. now to a landmark deal in indonesia's mining industry. the government is expected to buy the world's second largest copper mine from freeport warren, the grass bird mine in papua new guinea has been at the centre of dispute between authorities and the us mining firm with both sides wrangling over ownership. we explain why the deal is so controversial. it's been years of negotiation, a very public negotiation, at times

controversial and at times also heated. joko widodo, the indonesian president, described the negotiations as buried tough. through the series of complex deals, which gives the indonesian government the majority ownership of the mine, it's been put at a worth of $3.85 billion. this is less than what the us mining giant freeport could have got with freeport saying that they left money on the table in order to get a deal done, showing they're all so tired of these years of negotiation and describing the structure of a deal as a new chapter and a new day in what they hope will be better relations with the indonesian government. it took several years to close this deal but what's been the reaction from the business community? this is a reassuring sign, particularly for the stability of freeport and the shareholders of freeport, and that was mentioned yesterday in a call to

investors from the company, saying this would give them the security they greatly need and they hope that will allow them to see a better turnover from their company and better stability. in terms of the indonesian business community, this isa indonesian business community, this is a major win. presidentjoko widodo really describing this as a nationalistic victory for indonesia, a way to play with the indonesian electorate that's a winner and this isa electorate that's a winner and this is a much—needed victory for him as we lead up to the presidential elections next year, him saying that this is about national security, clawing back control over indonesia ayr‘s match resources. rebecca henschke injakarta. donald trump has warned theresa may's plan for a soft brexit will probably kill any trade deal with britain and the us. in an interview, the british tabloid, the sun, he said the brexit proposal wasn't what people voted

for in the referendum and the prime minister didn't listen to his advice. his comments emerged as mrs may hosted a dinner for advice. his comments emerged as mrs may hosted a dinnerfor him at blenheim palace in 0xfordshire. she used to be opportunity to make the case for a future trade arrangement with the united states. 0ver arrangement with the united states. over the past month, the world cup has brought work to a halt in many places around the world as people watch their national teams in action, so what impact as this football extravaga nza action, so what impact as this football extravaganza had on the russian economy and on the world stage in general? let's take a look. the world cup and its impact on the russian economy. in other business news, workers at a fiat chrysler facility in italy are protesting after its main investor decided to pay over 100 million us dollars to sign football star cristiano ronaldo tojuventus. both the football club and the carmaker are controlled by the same family and the workers say the firm needs to guarantee the future of thousands

of people rather than only in reaching one person. let's have a quick look at the markets and asia is currently on the rise yet again this friday morning after wall street was back in by a mode, pushing the nasdaq to a fresh record high. the nikkei 225 soaring to 1.5%, 233 points —— 333 points. the all 0rdinaries index gaining 13. thanks for spending your time with us. thanks for spending your time with us. i'm rico hizon. sport today is up us. i'm rico hizon. sport today is up next. this is bbc news, the top stories this hour: donald trump has been pressed to reach a new us trade deal with britain after brexit, during his first visit to the country as president. injapan, at least 200 people are now reported to have been killed in the worst flooding to hit the country in nearly a0 years. as we've heard, president trump has been having dinner at blenheim palace on thursday evening with a group of business leaders. as our correspondent duncan kennedy reports,

there were hundreds of protesters outside voicing their opposition to some of president trump's policies. all chant: what do we want? trump out. all chant: when do we want it? now. the chant normally reserved for british politicians tonight turned on the president of the united states. up to 1,000 protesters gathered outside the front of blenheim palace, calling for donald trump to leave britain, on the day he had just arrived. very beautiful, very nice. all these people have turned out to see us... there was a pantomime atmosphere playing up in the genteel 0xfordshire countryside, but with a defined edge turned to mr trump's presence. i think this is against misogyny and racism, but i'm against his politics generally. and the problem is, the man with the policies has absolutely awful policies, that are only out to really better himself. the president may have had his orchestra inside, but the protesters came organised as well. and, although one or two tried

to slip beyond the reach of a huge security presence here, it stayed peaceful and passionate. well, many of these people here have been waiting six or seven hours for the arrival of donald trump. they know they are unlikely to see him and he is unlikely to see them. what they want to do here is vocalise their anger and their frustration at the president's visit. but, even in the midst of this, donald trump had a few supporters. i've come to show solidarity and support to our closest ally, and to donald trump, and to show he is very, very welcome. this process was ageless, diverse and energised. there will be an even bigger one in london tomorrow. it won't be face—to—face with the president, but the message remains — they just don't see eye to eye. duncan kennedy, bbc news, at the

gates of blenheim palace. the government has given approval for rupert murdoch's bid to take complete control of the broadcaster, sky. mr murdoch's company, 21st century fox, has agreed to sell sky news to address concerns about the extent of his influence over the uk media. fox is locked in a multi—billion pound bidding war with the us cable giant comcast for control of the broadcaster. now it's time for sport today. this is sport today live from the bbc sports centre. no stopping serena williams, who is still on course for an eighth wimbledon title after reaching the final. kerber will be waiting for her after

the german also made it through in straight. —— straight sets. and record—breaking kuldeep yadav enjoys a six—wicket haul as india thrash england in the first one—dayer. let's start at wimbledon, where serena williams remains on course for a record—equalling 24th grand slam singles title. she will face angelique kerber in a rerun of the 2016 final, after they both came through their semis on thursday. from the all—england club, john watson reports. let us just stop and marvel at the achievements of serena williams,