to asia now jack ma the founder of china's e-commerce giant alley baba has announced that he will be stepping down as the company's chairman by next september mazari bob hope launched china's online retail boom ma says he will be succeeded by c.e.o. daniel john has been with the company for eleven years and already handles day to day operations jack myers of my english teacher who founded ali baba nine hundred ninety nine in an apartment to connect chinese export has to foreign retailers is now the world's largest e-commerce company will finish his term on the board of directors in twenty twenty. linda holmes going to walk us through this story from our ages studios in singapore linda just explain to our viewers what sort of a role model played in china's e-commerce industry first of all. well i actually built up a time when internet como's was virtually unheard of sometime in the year two thousand and. a platform for business to business transactions and so it's actually helped to transform many chinese industries and from then on what it's actually kick started a lot of companies o

café baba, you meet bob dylan, you go, you catch dylan, and the parties was going on.hole town move. a blue and white party. a white and gold party. a hat party. you know, it's amazing. and you see people come in with amazing hats, like a cage with a bird. extravagant hats, you know? it's, like, people put so much energy and time into these parties, you know? look at that. >> anthony: ah, now that looks good. tomatoes brushed with local olive oil, garlic and coriander. liver kebobs, beef liver to be exact, grilled over charcoal. oh, now that looks very nice. for fish, a bit of swordfish and some orange roughy. that is just beautiful. mmm. >> abdelmajid: how do you like the tomato? >> anthony: yeah. oh, and the swordfish is amazing. >> abdelmajid: yeah. >> anthony: so, how else have things changed? >> abdelmajid: you saw how many tourists there was today? >> anthony: they were in a hurry. >> abdelmajid: if they come to the shop, they even try to avoid your eye contact. they're afraid if i -- if you get my eye contact i'm going to rip you off, or i don't know. >> anthony

ali baba the. huge chinese multinational e-commerce and technology company says it will have ai artificial intelligence chips on the market next year next year for gosh sakes u.s. companies like i.b.m. qualcomm and intel not only sell computer chips but are now moving forward with a chips it appears the ai race is full on the move by ali baba shows the increasing efforts by china to become even more self-reliant amid the increasingly competitive and contentious trade environment u.s. authorities and others around the world remain concerned about intellectual property theft from china you may recall their role in the states over chinese tech companies e t.

this one is used for any type of bodily weaknesses. >> anthony: baba rashan abdul hakim, or pops baba, spices herbs, barks, and woods. >> baba: you take the wood root in the morning and a bitter that night. i don't care what is wrong with you, you're going to show improvement. >> anthony: whatever ails, he's got a cure. wood root cure for the blood, the body, the nerves. koromantee, an intestinal cleanser, and traditional african manback. helps you get your manhood back, among other things. >> baba: it was about 1956 when i came to america. so i had to make it in the apartment in bronx river. and back then, when i'm boiling roots, the whole projects smell of these roots. they used to gibe them. "hey, what your father doing in there? what kind of hocus pocus in there doing?" you know what i mean? and i'd bottle it, then go in a car, and then i'd sell it in the bronx. never leave the bronx. it's the best place in america, my brother. nowhere like the bronx. >> anthony: afterwards, a person could use a drink. >> anthony: and if you're a jamaican person, you could use the everyday, go-to

ali baba the huge chinese multinational e-commerce and technology company says it will have a i artificial intelligence chips on the market next year next year for gosh sakes u.s. companies like i.b.m. qualcomm and intel not only sell computer chips but are now moving forward with a chips it appears the ai race is full on the move by ali baba shows the increasing efforts by china to become even more self-reliant amid the increasingly competitive and contentious trade environment u.s. authorities and others around the world remain concerned about intellectual property theft from china you may recall the row in the states over chinese tech companies e.t.e. not being allowed to own major portions of u.s. companies earlier this year and the temporary ban on c.t.e. from offering products in the u.s. at the same time the chinese government is instructing some companies to pull back from investments in the u.s. for ali baba they say the chips will be used for the internet of things that first and used in-house only initially but will be offered to external clients in the future. as the trade war

idea was to set up one million jobs by helping american entrepreneurs to place their products on ali baba while the plan's viability was met with some skepticism at the time it was considered a notable sign of economic ties between the two countries growing closer. was saying china which is planning to slash the average tariff rates on imports from most of its trading partners as early as october according to the bloomberg news agency the move would come off the china imposed higher duties on sixty billion dollars worth of u.s. products this week in reaction to washington's new tariffs on chinese goods it is not yet clear to which countries the reduced tariffs would apply in next months analysts see china's reduction of import taxes as a signal that the world's number two economy is continuing its efforts to reform and open its market trade war notwithstanding. as you might have heard in the news earlier ny gratian is on top of the agenda at the e.u. leaders summit in austria there are wars that the russian syrian offensive in italy could spare another way for refugees at a time when the

it's actually a contrast i mean he has three children and his three children are all not part of ali baba and it's kept out of the limelight and is actually his actually contrast the entrepreneurs that have actually been trying to find a succession plan they have relied on family so i get my say an exceptional case linda thank you very much and to china's big debt problem beijing wants to ensure economic growth is independent from the global economy domestic spending is encouraged that it's booming but many chinese live beyond their means economists a sounding the alarm. as a freelance interpreter leave beit doesn't have a regular income she gets paid job by job and uses her credit card to tide her over she lives in beijing but comes from could mean when she bought a flat that she took out a mortgage to pay for it. over the past five years the volume of personal loans in china has doubled. lenders send out text messages once a month to remind their debtors to pay their instalments. that. being in debt is part of modern life the way things are nowadays you can't get by without credit just

for ali baba they say the chips will be used for the internet of things that first and used in-house only initially but will be offered to external clients in the future. as the trade war between the us is in full swing and trade deliberations continue related to the european union canada and mexico we now consider what the next impact upon businesses and markets to do so we are once again joined by the. always cheerful and chock full of facts see all of stocks will welcome melissa appreciate having you back with us the first off in the u.s. we are seeing some record highs in trading today both the dow and the s. and p. five hundred hitting new record highs if there are concerns about these trade wars doesn't appear that market participants have been given the memo do you think traders have a pollyannish view or are they simply expecting some u.s. china trade deal to come in the near future. i think there's two things that are going on first of all technically speaking the market has been in a bullish trend and the market is continuing higher as you mentioned today we had up over him

baba's growth is so unbelievable i'll be the only guy recommending baba. >> a couple weeks ago he bought kweb >> for a trade i'm out now. >> you don't want to buy russia. i think baba -- take my hands, stephanie. >> yes, you are. >> that's why i woke up and said it and i didn't tweet it instead i tweeted about how i just got -- i made a good trade. >> it's so different to say baba versus a whole market. >> true. >> do you want to do eem >> i would do brazil after the election they have an election coming up. after that -- >> how about argentina >> i wouldn't touch argentina. i haven't liked brazil in a long time, by the way >> down 35% from its 52-week high >> and there's a heck of a lot of uncertainty there >> i don't think you will like the election outcome either way. i don't think either way will make you happy >> there's a lot they can do there in terms of fiscal and monetary policy. >> does someone want to take a stab and, jim, maybe it's you, why is goldman down 10 or 11 days in a row? >> people are saying trading revenues are bad that is the rumor. the company had a good presenta

newy: coming up, ali baba's era. how investors see the succession plan playing out.s manager turned spot fi exec troy carter is known for smoothing contentious industry relations with artists and now he's leaving spot fi, we'll sit down with him for an extended conversation next. that the bloomberg. ♪ emily: that the "bloomberg technology." it's the end of an era at ali baba with founder and chair jack ma announcing his plan to step away from the day-to-day run offering the company. >> jack ma is stepping down as chair a year from now. ma wants to ensure the company can run based on institutional structure rather than relying on individuals. aniel joins alibaba in 2007. he was responsible for china's argest shopping bonanza. ma will remain on the board until 2020 and stay as a lifetime partner at the company. emily: to dig deeper into the changes at abee -- alibaba, reporters.d by our jack ma hasn't been involved in day too day operations for some time but he certainly still looms large at the company. we went to china a few years ago and interviewed him on singles d

it's not ali baba. ai. ali hich is part of ali baba. brands like apple, nike, were in the top 10.were in the top 50. some have fallen pretty sharply. david: the other part of that, i guess the good news is the chinese brands. i had to look at some of the list. ively a bloomberg terminal. get that, please. we have the retail sales number out earlier. beneath that is when you look at the growth in ecommerce and retail growing by 33% a year, it really tells you what's changed there in terms of, you know, consumption, buying patterns, again, preferences. >> that's one of the reasons why we see some of the results in this survey. top nstance, one is in the 10. ali pai is number one. wei chai is up. david: funny you mentioned, what does this mean for apple? they unveiled a series of new products. i wouldn't say they struggled but they haven't lost market share. >> china is important topple. the second largest market after the u.s. so they need to do well in china. they're still quite popular. number 11. but not where they were a year or so ago. and so that does indicate they are facing

ali baba the huge chinese multinational e-commerce and technology company says it will have a i artificial intelligence chips on the market next year next year for gosh sakes u.s. companies like i.b.m. qualcomm and intel not only sell computer chips but are now moving forward with a chips it appears the ai race is full on the move by ali baba shows the increasing efforts by china to become even more.

joe is a city known as a chinese financial technology hub it's also home to the e-commerce giant ali baba ten years since the global financial crisis there's growing concern here about a spike in the failure of online investment firms that story coming up. how i once again we do still have problems around that southeastern corner of the u.s. of course. florence now staggering along the coastal friend just the last position of the storm at the moment says we go on into sas day because it doesn't really make a whole lot of progress it's still there over south carolina and that wet weather will continue across the carolinas and just pushing up towards the genius as well central areas not seep out because some wet weather into texas having said that we got some wet and wintry weather north of the border into canada just around the rockies nine cell system high in calgary on saturday. coldest of this week i went to sunday just folded. not failing to to warm as we go on through the next couple days when i pick on the other hand that get up to nineteen degrees a fair amount of powder right at th

you remember ali baba fonda jacmel had promised to create one million jobs in the united states now he says he's not going to do that he's going back on that pledge and guess knows why he does indeed the emirate of the billionaire owner of china's biggest shopping portal made the original promise in january last year in a meeting with donald trump just before his inauguration as u.s. president but now has now said that the u.s. china trade war as quote destroyed the original premise the idea was to set up one million jobs by helping american entrepreneurs to place their products on ali baba while the plans viability was met with some skepticism at the time it was considered a notable sign of economic ties between china and the u.s. growing closer. we stain china which is planning to slash the average tariff rates on imports from most of its trading partners as early as october according to the bloomberg news agency the move would come off to china imposed higher duties on sixty billion dollars worth of u.s. products this week in reaction to washington's new tariffs on chinese goods it'

and updating a big developing story chinese online commerce john ali baba has confirmed details of their joint venture into russia online commerce including a major new partner the partnership was officially and now. with great fanfare at the eastern economic forum and what a boss stuck attended by heads of state including both russian and chinese presidents the venture which the partners have branded as a digital silk road will be executed via a new company called express russia russia's third largest telecom firm megaphone has been unveiled as a partner and ali express russia joining ali baba the russian sovereign wealth fund and mail dot ru russia's largest internet provider continuing with the subject of greater cooperation between china and russia we're joined from our new york studio by artie's caleb mop and pail thanks for being with us i mean this economic summit . is taking place and among there's other people too there's a thousand folks business folks from chinese and there's a meeting between of lattimer putin and. paying so that seems like a pretty significant deal to me wha

has announced that he will be stepping down as the company's chairman by next september mazari baba helped launch china's online retail boom ma says he will be succeeded by a c.e.o. danielle john who's been with the company for eleven years he already handles day to day operations jack ma is a former english teacher who founded ali baba in one thousand nine hundred nine to connect chinese exporters to foreign retailers it is now they world's largest e-commerce company will finish his term on the board of directors in twenty twenty . but online shopping maybe booming in china but that may contributes to a growing debt problem many chinese consumers are spending beyond their means that's partly the government's fault to domestic spending is encouraged by the state because beijing wants to ensure it can all the growth is independent of the global economy as a freelance interpreter lead bay doesn't have a regular income she gets paid job by job and uses her credit card to tide her over she lives in beijing but comes from could mean when she bought a flat there she took out a mortgage to

know a city known as a chinese financial technology hope it's also home to the commerce giant ali baba ten years since the global financial crisis there's growing concern here about a spike in the failure of online investment firms that story coming up. and he was hailed for saving fellow syrians but he's now in a jail in greece. last later in sport the cold a thief by serena williams is back in the chair for the first time since the u.s. i. saw less than i have a first thousands. of syrians have demonstrated against a looming offensive on the last rebel held province more than two dozen towns rallied against the government and hardline fighters the scenes were reminiscent of protests in two thousand and eleven but seven and a half years later much has changed stephanie decade has. i care a full scenes not seen in egypt for years. oh. my. god. it. was it. was. we won our freedom they sing these scenes a reminder of the early days of syria's revolution before the violent government crackdown before the arrival of countless foreign backed armed groups before russia got involved and chang

in the hands of the does to empower them if basic medical care using a i successfully in rwanda the baba app could be used worldwide. shift says get well soon or with artificial intelligence. and as always we leave through the exit out internet find to the weak today it's a trip throughout history. chinese filmmaker who has many painting and drawing skills has waxer in the style of different areas an art history and he's put them all together in a stop motion film that's already had three hundred thousand views on the nia. as a smoker pass on a cigarette he seamlessly glide through various artistic styles an heiress. whether it's european impressionism off canvas and japanese painting or chinese entering. in just one minute that showed us the well the hot. and next week the craze for a sporting events is booming around the globe especially in the middle east the future is said to be particularly bright for professional players be enthusiasm could set new trends in the region change through gaming next time around shift. they're known as the beginnings of. children and teenagers in a city

other stories making news around the world jack ma the co-founder of chinese e-commerce giant ali baba says he'll unveil a succession strategy on monday he wants to hand the reins of his empire to a new generation of leaders but remain executive chairman told the new york times newspaper he wants to focus more on philanthropy. misspend just police in greece have fired tear gas at protesters ahead of a planned speech by prime minister alexis tsipras the demonstrators oppose a june deal to end a name dispute with neighboring macedonia under which it would change its name to northern macedonia greece fear territorial claims on its own province named macedonia. thousands of people around the world have taken to the streets to call for more climate protection the protests are part of. of the rise of for climate campaign demonstrators such as those shown here in paris called on world leaders to end reliance on fossil fuels and to shift to renewable energy. well here in germany the chief of the country's domestic intelligence agency is facing a barrage of criticism after casting doubt on whet

pot we'll be speaking about his famous baba the left in germany and the nation nuts who. haven't missed the many people your father's drive for reform in the singular charisma made him something of a german canada that thought he was held in high esteem respect to doing even love to do it not only in germany that did you all. so what my him. before. he. had great respect for my be my whole life and i was fired which i was a little activity here when robert but i was never an uncritical of him about how to mean we created this to you more. with some very strong political differences in a certain phase of my life if i didn't want to be here going. on through that and more coming around again from the late seventy's out of you know if i'm going to they can pull a symbolic gesture a major follow world famous you know twenty two when he felt to be sneezing when i saw what was your response not. i was moved on the understood the message. that someone who's completely unburdened by blame can apologize for the crimes of this country and really for the country's identifies with. c

india was to set up one million jobs by helping american entrepreneurs to place their products and ali baba of the plants by ability was met with some skepticism at the time it was considered a notable sign of economic ties growing closer. migration is on top of the agenda at the e.u. leaders summit in austria there are worries that the russian syrian offensive in it live could spur another wave of refugees at a time when the debate over mass migration has split so side is in europe including of course germany a substantial number of people see migration as a threat facing their country but others look at refugees as a welcome addition to society and to the economy many you economies are nearing full employment and jobs remain unfilled in particular those the locals don't really want to do. this hotel in southern amsterdam is new and trendy there are even fresh vegetables growing on the roof but despite the calm impression the hotel industry in general has a problem not enough people want to work there thousands of jobs need to be filled each year so for the first time amsterdam has organiz

non-moral many began i found her dad thought that should some baba for konami nungarrayi nobody. to gush just said the soy for theist who could trust it and put a door out john miller fears the brace and thus it is my last of the bot to vulcan aman last on the score on a nail of running downstairs closet them appreciate cats this isn't optimal can also to move on for eleven get the rest of it has you that the mark they saw. took the boy. many. doesn't know the time of the storm. over the mere thought bob profit. just for your. good john archibald of all the rotten courtroom only. away from she cannot see if they. cannot see you through. the dark. over. a hundred dollars. over. to screw you to. come connie's great don't need. one of the wreath break the vending. spread sites to learn them until it gets of color. they are women. mothers. performer's. christmas. from their present a plot to argentina. that inspiration is a force of new food world a species stifled invisible mother's heart if you find a latina may seem at this time. being located outside the western centric sphere of

correspondent baba vessel is at a polling station in stockholm and joins me now barbara good to see you tell us how the voting is going. the voting is going briskly because already thirty five percent of swedes had voted before we had this sunday this is possible after the swedish rules and there has been life lead traffic around the polling station here in the center of stockholm so it seems that a large number of swedish people do have a sense that this is maybe not a historic battle really exceptionally important election the holding the sunday here. now the far right when democrats are expecting big gains how strong are they likely to emerge from this election. it is really difficult to say because polls have been veering all over the place for the last weeks as some pollsters saw them up to twenty five percent even in first place and then there was sort of sliding down and the problem was this is that if you ask talk to people in the streets here they say that nobody really likes to admit that they have make their cross at the sweden democrats because it stills part somehow to be a

of the attention but this year crowds have also been queuing up for the documentaries offer that in baba reports. you know as i would be able to get it through this. layout what kind of mother said. the boy recounts how i saw beat his mother and how he dreams of taking revenge isis tomorrow the lost souls of mosul was filmed before and after iraqi forces recaptured the city and it's a rare insight into the psychological damage done to young people by the conflict including the children of eisel fighters many of whom now live in camps like this one i cherish the love for. the only genius will see it. the moment it is their means they want to be marked here it's open so you know that if you support one year after you is a condition in his life you just knew by your lonesome and war and return yes i will can you grow up you know the way documentaries like these are a tough watch but there's clearly an audience for them they don't offer a simple answers rather they raise questions about how societies can overcome years of unimaginable violence sick of the show's commercial work to be in a fa

non-moral mini me again i found her dad thought patrick some baba for going to meet monthly nobody . to crush just said the site for theist who could trust the temple to do or john miller fears the person was a theist mccluster the bought to book a nominal stick on the score on a nail of brennan's i was to have them appreciate that this isn't optimal going to use a term of on for a living the best of it has you that the martha. took the boy. many. doesn't know the trauma best form. over them it bought bob at a trough. just for your. good john archibald of all wrong and fortune on the. way from she cannot see if they. cannot see you through. the dark. of the. hundred dollars. of. truth here to. come connie's print the image. onto the wreath break the vending. spread sites to low number of cats of color. police suspect a lone gunman is behind fifteen unsolved shootings in the city all targeting immigrants an ethnic minority and an attempted murder on a young life friday evening police were out in full force again after another man was shot out there cycling disillusioned with the state

the attention but this year crowds of also been queuing up for the documentaries on offer that in baba reports the ones that will. get it will see that. the hour. delay of white girls might have set. a boy recounts how i saw beat his mother and how he dreams of taking revenge isis tomorrow. the lost souls of mosul was filmed before and after iraqi forces recaptured the city and it's a rare insight into the psychological damage done to young people by the conflict including the children of eisel fighters many of whom now live in camps like this one i chaired the law for. the only genius the wealthiest. the moment it is there i mean they want to be marked here it's open so you know if you support one year after you it's a condition in his life you just knew by aronson and war and return yes i will can you grow up you know the way documentaries like these are a tough watch but there's clearly an audience for them they don't offer simple answers rather they raise questions about how societies can overcome years of unimaginable violence sick of the surest of sure we're to be in a facility r

ali baba is the world leader -- largest e-commerce company. it has a market value of $421 billion.ack ma will be replaced by the company's ceo. jack ma started at ali baba with his friends in 1999 and it has made him one of the richest people in the world the company went public on the new york stock exchange in 2014 and its market value is 421 and its market value is $421 billion. >>> experts say new statistics are underscoring the connection between housing costs and homelessness. the bay area news group is reporting to work by the nonprofit journalism group cal matters and they say california's homeless population jumped nearly 14% from 2016 to 2017. it is estimated there are 134,000 homeless people in the state right now. a study shows california is short more than 1 million affordable rental units for extremely low income families. >>> the san jose mercury news as a report that says stanford needs housing for students and staff. employees are living further and further from campus and they have to do with longer commutes because they cannot find closer affordable housing. the

i've never seen baba off the coast of wales where campaigners say votes potentially radioactive sediment from a nuclear plant getting good is being dumped by ships like this. from the waves of the south. to the contours of the east. hello again welcome back to international weather forecast with across europe going to be seeing a big change as a front pushes through i want to show what's happening right here on the satellite image you see the clouds right there well that is a cold front a very powerful cold front and that is going to bring some showers heavy winds as well as a big change of air mask as a person's through so we're going to see a lot of these warmer temperatures right here in some places very hot actually for this time of year and you were pretty eight in ten degrees above average in some locations but once this form goes through then we're going to see a big change in your temperatures so here on friday or saturday berland twenty nine degrees but notice the front right here in the winds pushing through towards the eastern part of the continent as this makes its way throug

giant alibaba boss says he wants to focus on philanthropy and education the billionaire founded ali baba nearly two decades ago and has since become one of the world's largest internet companies with a market value of more than four hundred billion dollars. just ahead here on the news in the sport go round up the best of the action from the u.s. open tennis including a very happy novak djokovic. brazil's constitution grants its people the right to essential medicines but it's been a long struggle and the system is constantly challenge to fight big within it down up to stuff i know that nine someone medical treatment could lead to good death but on the other hand i also know that because of providing that treatment would have a negative impact on the rest of society. brazil's real drugs war on the people's health on al-jazeera. what makes this moment if you will never do something. we haven't seen the president this unpredictable freedom of speech is. oddly clumsy that is a perfect formula for authoritarianism in tyranny or near the light so long. and there's no way to hide it let me ask

non-moral mini me again i found her dad thought patrick some baba for going to meet monday oh goody. gosh just just said the site for theist who could trust the temple to do or john miller here's the three simplicity is mccluster the bought the book and i'm in the last six on the score on a nail running downstairs closet them appreciate that this isn't optimal going off the time of on for as dust and it has the mark day so. took the boy. of many. the. russian of the time of the storm. and over them it bought bob a trough. just for your. good john up to them of all the rotten courtroom only. away from she cannot see if they. cannot see you through. the dark. of the. curtain that i'm bored. of. here to. come connie's print the image. on the wreath break the vending. suppress i still don't know montieth cats have core. police suspect a lone gun man is behind fifteen unsolved shootings in the city all talkative immigrants an ethnic minority an attempted murder on a young life friday evening police were out in full force again after another man was shot out last cycling disillusioned with

i got the adr here for baba. you can see the spread here.zing journey, different trajectory. sandra crowl still with us. i look at amazon. i look at alibaba, it's come down aggressively. you see the same thing in tencent and a bunch of asian tech companies. is there an opportunity to get into the latter, the asian companies? in some ways, the business model is the same, in some ways they can be on valuation but they are not right now. sadnndra: there are certainly some new opportunities in chinese stocks because of the selloffs we've seen. a selloff created by offshore investors in the big stocks in china, in relationship clearly to the trade issues. so, there is some opportunities for sure. ou're asking whether we should go into china tech or stay in the u.s., what we're searching for in other market is a growth path that we can identify with companies that are increasing their market, that are able to give us a very strong visible earnings over the next five years, that have some type of strong technology that home their clients -- own the

from d.c., the ticker i'm inquiring about is baba >> i like baba but do not like china and will stayay as long as we had the trade skirmish and that, ladies and gentlemen, is the conclusion of "the lightning round." >> announcer: "the lightning round" is sponsored by td ameritrade esitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade today, life-changing technology from abbott is helping hunt them down at their source. because the faster we can identify new viruses, the faster we can get to stopping them. the most personal technology, is technology with the power to change your life. life. to the fullest. >>> you know i'm an

non-moral many began i found her dad thought patrick some baba for going to meet monday nobody knew crushed just said the site for theist who could trust the temple to do or john miller fears the three simplicity is mythos to the bought to book a nominal lost on the score on a nail of brennan's i wish to scoff at them appreciate that this is an optimal going to answer to move on for and get the rest of it has to think mark they saw. took the boy. many. russian of the time of the storm. and over them it bought bob trough. just for your. good john archibald of all the wrong and fortune on the. way from she cannot see if they. cannot see you from. your boss. over. one hundred dollars. over. to st peter. come on connie's print the image. on the wreath break the vending. spread sites to learn the montieth cats have core. police suspect a lone gunmen is behind fifteen unsolved shootings in the city all targeting immigrants an ethnic minority and an attempted murder on a young life friday evening police were out in full force again after another man was shot out there cycling disillusioned with th

for an e-commerce giant everyone knows this guy jack ma the founder of china's e-commerce giant alli baba he's announced that he's stepping down as the company's chairman by next september. helped launch china's on line retail boom moss' he will be succeeded by c.e.o. don has shrunk he's been with the company for eleven years and already handles day to day operations of former english teacher to delhi barbers nine hundred ninety nine in an apartment to connect chinese exports to foreign retirees is now the world's largest e-commerce company and finished his term on the board of directors in twenty twenty. linda holmes going to walk us through this story from our asia studios in singapore linda just explain to our viewers what sort of a role model played in china's e-commerce industry first of all. well actually built up a time when internet como's was voted off sometime in the year two thousand and six she started off by a platform for business to business transactions and says as she helped to transform many chinese industries and from then on what it's actually kick started a lot of com

entrepreneurial spirit in the city known for its financial technology industry and home to e-commerce giant ali baba but she and millions of other people in china have lost the billions of dollars after investing in what are known as peer to peer lending platforms or p. to p. amid stricter government oversight than the panic withdrawal of funds by investors more than two hundred firms have failed in the last three months p.d.p. firms gather money from investors and then lend money to small businesses and individuals with many promising high returns on those investments. and that concerns economists as the p.d.p. industry in china is the world's largest with more than one hundred ninety billion dollars at play this on the tenth anniversary of the global financial crisis for the problem i think it's a had a mom in china for a long time but now it looks especially dangerous because of lot of a lot of those dads are tied to the property market and like the recent peter p. crisis much of the borrowing or used to finance their housing market is speculation and she says some aspects of p.d.p. lending are s

one of china's richest men, jack ma, says he's stepping down as boss of the online giant ali baba tomatch starting right now, she faces naomi 0saka, who is playing herfirst major final.

one of china's richest men, jack ma, says he's stepping down as boss of the online giant ali baba toecome a philanthropist. serena williams seeks her 24th grand slam. in a match starting right now, she faces naomi osaka, who is playing herfirst major final. hello and welcome to world news today. human rights groups have described it as egypt's tianamen square. at least 800 protesters were killed as armed police officers swept in to bring an anti—government protest to an end. five years on, a court has sentenced 75 people to death, blaming them for the violence that took place. the demonstration in 2013 was in support of the muslim brotherhood. authorities say eight police officers died when the occupation was broken up, but pressure remains on the government to explain the actions of security forces. our middle east regional editor, alan johnston, reports. in the court room, a cage crowded with defendants. this was a mass trial. it involved more than 700 people. among those behind bars were senior figures in the muslim brotherhood organisation, and some of the accused were condemned

china's richest man and he's stepping down as executive chairman of the amazon compared to to ali baba a charismatic man ounce that he will step down as c.e.o. next year his successor. already handles day to day operations will take over from september overnight at twenty one thousand my founded the company and the late one nine hundred ninety s. and built it into a multi-billion dollar colossus he will remain on the company's board of directors step down comes a course as the optimistic outlook for which pioneer to the use of digital payments and china to broaden its portfolio over time jack ma says he will pursue trophy in education where he feels he says more confidence. as the first major court case against folks in germany over its cheating and emissions tests involving millions of diesel cars and it begins today it will examine whether the auto giant should have informed investors soon a case that will be heard in a court headquarters involves book is a test case if successful it could unleash a barrage of similar claims related to the so-called these the gate scandal. who knew w

idea was to set up one million jobs by helping american entrepreneurs to place their products on ali baba while those plans viability wasn't met with some skepticism at the time it was considered a notable sign of economic ties between the two countries growing closer. china is planning to slash the average tariff rates on imports from most of its trading partners as early as october according to news agency bloomberg the move would come off to china imposed higher duties on sixty billion dollars worth of u.s. products this week in reaction to washington's new tariffs on chinese goods it's not yet clear to which countries they would use tariffs would apply next month a list seen china's reduction of import taxes as a signal that the world's number two economy is continuing its efforts to reform and open up its markets all on those. talking to done the call but the frankfurt stock exchange now very we're getting reports that bar has decided to seize doing business with iran. did not get it so far what have you are you hearing about how they're leaving or they not. here this is indeed a lit

members you've got and which is you mentioned and to there from china yes that's a spin off of ali baba actually out of sweden interestingly enough. think it's klara there are an online firm with all the backend and out of holland the dutch have it's called yen and that's about processing across the board behind it so it's not the big banks not necessarily although royal bank of scotland and some others have really jumped into this as well and they using a lot of these terms for their backend and their compliance group that's super helpful as always this is so great it's great to have you here exploiting all of this. when i think it was also about let me just if i may just add sure it was all for me about. the law you know one of the unintended i would think people would be scared because of they wouldn't be investing in the u.k. well actually no one of the unintended consequences of these brussels bureaucrats of compliance all the compliance and all the regulations coming out of europe is it's called reg tac and that's all these financial companies in the technology behind it they're f

a trade war that could last for twenty years that is how the founder of ali baba jack ma is describing the escalating trade tensions between china and the united states yesterday u.s. president donald trump announced a new set of tariffs on chinese exports today and then expected to hit for tat response beijing responded in kind. a matter of hours after u.s. president donald trump slapped his biggest tariffs yet on china china fired straight back from beijing tariffs on sixty billion dollars worth of u.s. goods casting doubt on any willingness to make a deal in the near future uncertainty is now growing as to whether the two economic superpowers will hold trade talks as expected later this month on look for groove on we keep stressing that the dialogue and consultation based on quality good faith and mutual respect is the only right way out of the trade dispute going on but what the u.s. is doing now shows no sincerity and goodwill for found out soon that china's counter attack comes in response to washington's move to slap two hundred billion dollars worth of tariffs on chinese goods

round of it has many people worried a trade war that could last for twenty years that's how i mean baba founder jack mas characterize the current escalation in trade between the united states and china for both countries made moves on tuesday to impose tariffs on a new swath of imports. a matter of hours after u.s. president donald trump slapped his biggest tariffs yet on china china fired straight back from beijing tariffs on sixty billion dollars worth of u.s. goods casting doubt on any willingness to make a deal in the near future uncertainty is now growing as to whether the two economic superpowers will hold trade talks as expected later this month on look you saw groove on we keep stressing that the dialogue and consultation based on quality good faith the need to respect is the only right way out of the trade dispute. that what the u.s. is doing now shows no sincerity and goodwill for found out soon that china's counter attack comes in response to washington's move to slap two hundred billion dollars worth of tariffs on chinese goods overnight on monday those duties are set to com

idea was to set up one million jobs by helping american entrepreneurs to place their products on ali baba plans viability was met with some skepticism at the time it was considered a notable sign of economic ties growing closer. now the russian syrian offensive could spur another wave of refugees at a time when the debate of a mass migration has split societies in europe not least germany increasing numbers see migration as the biggest threat facing their country but others look at refugees as a welcome addition to society and to the economy the key word here is labor many e.u. economies are nearing full employment and jobs remain unfilled and particularly those that the locals don't want to do any more. this hotel in southern amsterdam is new and trendy there are even fresh vegetables growing on the roof but despite the calm impression the hotel industry in general has a problem not enough people want to work there thousands of jobs need to be filled each year so for the first time amsterdam has organized a job fair for refugees today it's all about the perfect match. nina schmitz works