tv Asia Business Report BBC News March 22, 2019 1:30am-1:46am GMT
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the jolibee shake, our top story: an agreement has been thejolibee shake, as they shake things up in the fast food industry agreed by eu leaders for the british prime minister to delay brexit. and their ambition to be a global the uk government has been given two more months giant. and before we go, here's a to prepare for brexit, but if mps do not pass the withdrawal agreement, recap of the breaking news this then that will change morning. the pound is live and to two extra weeks. a week on from the horrific attacks on two mosques in christchurch, new zealand, the country has gathered to remember the 50 victims. currency markets, as you can see on later, a mass burial will be held. oui’ currency markets, as you can see on our screens, currency markets, as you can see on our screens, as european leaders have agreed on a plan to delay and this story is trending. britain's exit from the eu pass this month. discussions in relation to the evening in brussels mid— nagasaki became the first city discussions of this agreement with injapan to announce that cherry blossoms have started to bloom. the 27 other eu leaders about the details. how the market are faring it's believed to be four days earlier currently, mixed with japan close to than average, due to warmer temperatures. a public holiday. quite lacklustre, the blossom, or sa kura, is one of the world's most stunning seasonal wonders. but the all 0rdinaries is up by 49.6 points. thank you so much for that is all for me, do stay with us investing your time with us, i am
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hugh on bbc world news. rico hizon. sport today is up next. —— here on. and the top story in the uk: this is bbc news, the top stories this hour: the teenager who raped and murdered six—year—old eu leaders in brussels give alesha macphail on the isle of bute britain two more months to prepare for brexit. last summer has been sentenced if mps do not pass the withdrawal to at least 27 years behind bars. agreement, then that will change now on bbc news, live to singapore to two extra weeks. for rico and asia business report. a week on from the mosque attacks in christchurch that killed brexit delayed. 50 people, the country has come together to remember the victims. the pound halts its slide over 90 people have as european leaders agree died after a ferry sank to a deal to postpone britain's exit from the eu. filipino fast food. in the tigris river in iraq's city of mosul. the majority of the victims were women and children. mosul‘s civil defence agency reportedly said most on board could not swim. rescuers managed to save more than 50 people but witnesses say it seemed there were too how the local restaurantjollybee many people on board. is aiming to take ramzan karmali has more. on american giants on their own turf. good morning asia, hello world. it's a friday, almost the weekend. they were on their way to celebrate glad you could join us for another nowruz, the persian new year, but
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edition of asia business report. disaster struck when the ferry, we start the programme thought to be carrying around 2000 with brexit and the pound has stopped its slide passengers, overturned. at least 90 on global currency markets as european leaders have agreed women and several children were on a plan to delay britain's exit from the eu past among the 200 people said to have the end of this month. discussions ran late died, however, 30 people were in the evening in brussels, rescued. the ferry capsized and i amid reports of disagreement between the 27 other eu leaders about the details. was underwater. every time i tried to surface, the boat was above me our decisions envisage two scenarios. and by almighty god, i paid. i in the first scenario, if the withdrawal thought that was it, the end of my agreement is passed by the house life. the vessel was on its way to a of commons next week, the european council agrees tourist area, and witnesses say it was carrying too many people. to an extension until may 22. authorities had reportedly warned people about rising water levels as the gates of the most of had been in the second scenario, that if it is not approved opened. many accused the ship's by the house of commons next week, the european council agrees operator of ignoring this advice. —— to an extension until april 12. mosul dam. the governor visited the area and promised action would be taken. the health minister and i i hope we can all agree we are now
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at the moment of decision, came immediately and ordered all those institutions to investigate and i will make every effort into the incident and punish all to ensure that we are able to leave those who are responsible for it, with a deal and move but what is most important hours to our country forward. in other business help and support victims, treat patients and retrieve victims as soon as possible. mosul is no news making headlines, stranger to disaster, it was only —— china's president xijinping ‘s liberated from islamic state after a nine—month battle, which left much of the city in ruins. now, the in italy as he tries to persuade the country to jump aboard china's belt residents, who are hoping to enjoy road initiative. some 60 countries new year festivities by the river are instead morning loved ones once have signed up, italy has signalled again. —— mourning. more on our it is keen tojoin have signed up, italy has signalled it is keen to join despite opposition from the european union and the united states. if it does get on board, it will be the first g7 country to do so. well, i think website. you can get in touch with it isa me on twitter. g7 country to do so. well, i think it is a decision they need to make. they clearly have an infrastructure
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neededin they clearly have an infrastructure needed in italy, they clearly do not hello, i'm tulsen tollett have the finances to do so and china and this is sport today, is offering a bucket of money, like live from the bbc sport centre. it is doing elsewhere in the world, coming up on this programme. to help finance infrastructure, which you have to remember that china does not do this out of suzuki's on his bike as seattle altruistic purposes, they do it for pitcher ichiro calls time their own purposes as well. so it is on his major leage baseball career. eden hazard scores two as belgium not a free ride? alert is definitely win their opening euro not a free ride? alert is definitely 2020 qualifier 3—1 over russia. not a free ride. and of course, the and venus williams is through to the second economy is booming, it slipped back round of the miami 0pen into a session at the end of 2015 in after a straight sets win over dalila jakupovic. their debt levels one of the biggest in the eurozone? lol we need to remember with china, the money is not free, the money does come with things attached to it. it will not be your contractors, it will be chinese contractors and it willjust mean taking on more levels of debt. hello and welcome to and that is also bad news for the the programme where we start in tokyo with the news that italian government, but why is the ichiro suzuki has called time on his 18 year career us and the eu so worried about the in major league baseball. japan's most successful player made possibility of italyjoining this the announcment in front of 54,000 chinese initiative? lol, think they fans during the seattle mariners 5—4 win over 0akland as adam wild reports. look at bri in the cpi as notjust 0ne one last game, one last bout. this
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about building infrastructure, they also looking at exporting chinese jobs and technology, and you can see was the last time that suzuki took a why some of them are worried about swing. finally saying goodbye. after that. but why is the port of trieste the ground out came the call from the ground out came the call from the dugout. his retirement has been so that. but why is the port of trieste so important to china's belton road no secret that that didn't diminish plan? lol, if you look at the maps the crowd's appreciation for a very of the silk road, ships come up to popular the suez canal and come to the italian port there and come into europe, you can see exactly why they are looking at that port. in other news, either and pinterest have reportedly chosen the new york stock exchange to launch their shares. two of the highest profile internet companies choosing the exchange over the rival exchange nasdaq, which infamously bumbled the facebook ipo, it marks a major coup for the nyse. —— uber. both companies and the new york stock exchange have so far declined to comment.
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levi strauss has returned to the stock market in new york on a high. giving —— the sharesjumping more than 30% on a debut, giving the iconicjeans maker a market value of over $1 billion. the company's chief executive told the bbc how the 166—year—old denim company aims to improve its market share with women. one of the few apparel brands where our women's business is signicantly smaller thanour the men's business, at only 20% of the business a couple of years ago. today, it's almost one third. but still significantly smaller than our men's business. we are number one in women's denim bottoms globally with a 9% share. so it is a very fragmented market. there are a lot of shared owners. and it has also been one of our fastest growing businesses. in the women's market, fans come and go at a quicker rate. it is a more expensive
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business to be in. it is. we are working on some technology that could reduce — significantly reduce the fashion risk, if you will, and let us chase things that work quickly. but what i would say is when ijoined the company we were chasing things and missing trends. today, we are setting trends. we are the market leader, as i said. we have the ability to set trends. and the good example i would give is the rise on women's jeans has been going higher. the mom jeans. yeah, but they are skinny, otherwise has been going higher. when we relaunched our business in mid—2015, we then went to a midrise and a high. and now we have launched the rib cage jeans. the highest rise we have ever sold to
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women and we cannot keep it in stock. asia's biggest fast food company jollybee foods is expanding globally and has identified the united states and has identified the united states and china as key markets are growth. how does it plans to take on america's fast food giants on their own turf. well, i went to the philippines to find out more from jollibee on their own turf. —— jollibee. jollibee is the biggest restau ra nt jollibee. jollibee is the biggest restaurant chain in the philippines. let's grab a bite with the founder, as he dreams to transform this jolibee into a global household currently, your philippine business
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is 70%, your international business is 70%, your international business is 30% annual ambition is to bring that down to 50, 50. how is 30% annual ambition is to bring that down to 50,50. how do is 30% annual ambition is to bring that down to 50, 50. how do you plan to extend your international chain? the growth in the business is still high—growth, so the challenge we have pretty much is to grow much faster. we're looking at the situation in china and also in the us market, those of the two main focuses right now. -- those are. we started thejolibee brand in the philippines, then we started adding other kinds of fast food into the company. so we said i think we have five or six brands in a major
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