this is a smartphone that converts it into a mini tablet nice gimmick but are consumers ready for its hefty price and. the head of the aston martin says and no deal breaks it is awesome madness so then why is he building a new plant in britain. whose business. has welcomed could india be making it harder for foreign investors to do business u.s. retail giant wal-mart and amazon battled it out last year to take over indian delivery service flipkart with the aim of bringing their e-commerce expertise to the world's second most populous country but now a new e-commerce law and yes making investment difficult with tough restrictions for foreign investors in the retail sector india's revised foreign direct investment rules for e-commerce went into effect at the beginning of this month. the new rules especially affect platforms selling their own products because no

single vendor can account for more than twenty five percent of an online marketplace offering their restriction is aimed at protecting india's retail sector but its critics say it makes it harder for online platforms like amazon or even indian e-commerce platform flip card which is now owned by wal-mart to easily penetrate india's growing online retail market by only selling their own products last year walmart beat amazon in a bidding war for controlling stake a flick out with the hopes of entering the indian market the new restriction has dealt a blow to wal-mart's expansion plans in india and that's strange isn't it walmart makes a huge investment in india than the government decides oh that's a bit much and legislates after the investment making the investment virtually untenable our correspondent j p k's in bangalore j isn't reliable legal background important for foreign investors. yes well this is

absolutely important for foreign investors you will most of all it's important for india to encourage foreign investment because we had a five year low in foreigners and. so it's really important for india to. get most of that religion martin but then in an election year looks like the government has been shot on to say we want peace there it is fourteen million it is in this country and you can see is the last word of this will it looks like the government has taken on a piece then. is it ok that's a populist move you may say but is india in general too restrictive when when it comes to opening its markets. not so much peace not since one thousand nine hundred one since the softer liberalizing the economies of evangelicals are bigger letters the region is a recess the liberal you know. more open we have an open internet we have moccasins

we have lost companies like nike and all these companies coming in but. this is. this particular that is the growing strain of economic nationalism across the world and this is because it's also an it election you want to show us that hate. and will for us. is that in india is there a fear to be overrun by western giants who have a have a tradition if you will of overrunning local marketplaces is this fear justified. so that your friends on. the american we want to be good and chinese after all these years in america we have percent of. online so that's

beneficial equals in china but at the same time you have to turn people sensible to believe in how the consumer starts shopping. actually to see this was done so it's a trillion dollar market. who. goes in the season to be treated with the most inflated no so. it's a little early to be about. to get killed by the snotty national giants especially when it comes to economists there's still a lot of room for until. a bangalore thank you very much. some sun has unveiled its latest range of smart phones including one that folds out into a tablet but the price price tag is already raising eyebrows have a lot. it was launched like something straight out of the

space age. back to some sort of his new galaxy phone which comes with a price tag that some might say is astronomical. if you want one it's going to cost you just short of two thousand dollars but the galaxy fold you get a powerful smartphone in the revolutionary tablet all in a single premium package when the device opens up your world this too with a massive seven point three inch infinity flex display that transforms the fold into a tablet. the price tag will surprise some after samsung accepted that the cost of its s nine range phones the contrary to to lower than expected sales in two thousand dollars was also only get you to four g. model enough i'm sure more expensive five.

to always integration. suffering and gratian i think this foldable phone will not only find buyers but it'll enter the enter the smartphone each of the new era. a new era and perhaps a new approach for samsung galaxy fold costs more than the most expensive iphone from their traditionally more pricey competitor. the other end of the price spectrum chinese manufacturers have stolen a chunk of the market. something hopes to lead the way with its versatile frolicked and it's betting that consumers are ready to open their wallets that's why. well we shall see britain's credit rating is under threat thanks to break that pound fellow news the rating agency fitch could slash the u.k. prize double a ukase prize double a rating fitch warns a no deal breaks it could hit the economy hard it can has the potential impact of

the recession in the early one nine hundred ninety s. when british g.d.p. frank for nearly two years. and fitch is not alone today the c.e.o. of car maker aston martin said leaving the e.u. without a deal would be madness and is a quintessential british brand that even james bond relies on to get out of prickly situations fast but it is not immune to the break that uncertainty that's troubling the u.k. motoring industry alas the luxury carmaker is not preparing to leave home just yet . aston martin ranks among the most iconic british brands and he's hoping to keep it that way it's building a brand new assembly plant next to a former royal air force base in wales a vote of confidence in the u.k. car industry admit that breaks it maybe but the luxury carmaker isn't ignoring the fact that the future for u.k. manufacturers remains i'm certain i. still have to believe that we'll get to

a proper right decision because no deal growth with no deal broke so it is is is frankly madness and i know i know people don't like to listen to experts but it is from an industry point of view. because you materially affect the. ability of a manufacturer to work in the in the way that we've become accustomed to this and dealt a blow to the u.k. car market when it pulled plans to build one of its new models in england blaming breaks it but its competitor in the affordable car market french and vauxhall is taking a different view is planning to produce a new line of vans in britain. it would not be true to say that the heart breaks it automatically means the closure of plants in the united kingdom neither for us nor for other manufacturers but it would certainly mean they come under greater scrutiny britain based jack you're a land rover has warned it could only stop part enough parts to cope with

a few days of practice it disruption as manufacturers from around the world prepared to take a closer look at their presence in the u.k. those brands born and bred in britain are just looking for certainty. the saudi crown prince mohammed bin salman rived in china he had previously visited pakistan and india five months after the assassination of the journalists to market towards the saudi consulate and continuing criticism from the west the aim of his tour is most likely to present himself to audiences at home and abroad as a political leader who still has international partners. a formal airport welcome in china's capital beijing no one here will confront the saudi crown prince with criticism in human rights issues the prince is packing investment promises in his luggage the saudi oil company a ram co the world's largest exporter of crude oil wants to build two refineries in china and replace russia as its most important oil supplier china on the other hand

is striving for closer economic relations saudi arabia is an important sales market for chinese products ranging from electronics to weapons the expansion of economic relations was also high on the saudi princes agenda during his previous stops in pakistan and india. well i think that the opportunities in india are worth more than one hundred billion dollars. and yes he did i met and we want to make investments that are beneficial for both countries. in the case of india's arch rival pakistan the crown prince side contracts for investment projects worth twenty billion u.s. dollars next stop on his journey south korea. well have a look at new planes for the air force because the german arms embargo against saudi arabia is causing some bad blood between european partners british defense from be a systems warns that it cannot serve as the saudi fleet of seventy two typhoon find

a jet without spam from germany b a's the lead industrial part of the pan-european euro fighter consortium and is responsible for ensuring the maintenance and support of the saudi your a fighter fleet. decision to stop exposed to riyadh in the wake of the murder of journalist jamal khashoggi has had supply lines and calls consternation within the consortium. and that's it from me and the business as a teen if you want more you can always check out our website for more stories on. the dot com slash business and do follow us on facebook on twitter if you don't do that already thank you very much for me on the team have the for.

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a fire sweeps through parts of the capital dhaka at least seventy people are killed and many more enter the blaze is thought to have started anything.