that's it from business live today. usiness report. we'll see you again tomorrow. we have a rather wet and windy start to the day for many western areas of the uk. quite a bit of rain around. 0ver higher ground, some snow falling, but it is across scotland where there will be snow falling through the morning and into the afternoon, and even down to lower levels there could be snow which could cause some organs. this weather front is straddled across the uk. early morning sunshine across the far east of england gradually being eroded by this cloud moving in. some cloud behind this weather system showing us where we have some showers. winter showers coming into the west. we get clearer weather coming through. but towards eastern part it will remain cloudy. snow at times over the pennines. down to low levels it is mainly rain and quite breezy conditions as well. during this afternoon, sunnier spells across much of south—west england, across wales, the west midlands, it is all remaining cloudy and wet. some snow for very nor

hello and welcome to business live.a's beleaguered presidentjacob zuma has resigned with immediate effect — avoiding a no—confidence vote planned for today. he faced persistent allegations of corruption and will now be formally succeeded by cyril ramaphosa, the new leader of the anc. markets have reacted positively to the prospect of a new president. since the start of december, the south african rand has been the best performing currency out of all of the emerging economies— here you can see the dollar declining against the strengthening rand. it rallied a further 2% on the news of mr zuma's resignation. many suggest mr zuma was not committed to serious economic reforms. gdp growth has slowed over the course of his tenure. unemployment has risen steadily over the last few years and could remain stubbornly high until the turn of the decade. let's hear the moment when president zuma announced he is stepping down. i have therefore come to the decision to resign as president of the republic with immediate effect. everyone

that's it from business live today. se tweets coming in as well and we will be monitoring them as we go. goodbye. hello once again. quite a windy day, to see the very least, on thursday and coming from a pretty cold direction for the north and north—west, the wind probably the strongest across parts of scotland, especially western shores. some disruption on the ferries, and the only thing about the wind on friday, there will be less of it. bar is a little further apart. may not seem so little further apart. may not seem so at first but on the eastern shores of england a combination of a stiff northwestern and westerly breeze and quite a supply of showers as well, tending to lose their oomph through the day. out towards the west, some of the showers in western wales and the south—west will also lose their intensity. elsewhere, a really decent day. plenty of sunshine but again not overly warm if you are exposed to that breeze. temperatures tipping away under the clear skies until we bring in clouds associated with the weat

hello and welcome to business live. sa it is a busy show, so let's get started with news that... london city airport has been closed after a world war two bomb was found nearby in the river thames. the royal navy are removing the device. the airport will be shut all day and all flights have been cancelled, affecting up to 16,000 passengers. last year, more than 4.5 million people used london city airport, which is close to london's financial district. our news correspondent andy moorejoins me now. welcome. this is the closest airport to the city of london. 16,000 people use it everyday. tell us about how many will be affected. 16,000 people will be affected today. something like 200 flights. the airport is used a lot by the business community. a lot of people would have been flying to go to work at ca nary wharf have been flying to go to work at canary wharf or in the city. this world war ii bomb was found early yesterday morning. the work at the airport continued as usual. the airport continued as usual. the airport clo

business live website on bbc dot com/ business. com/ business. online, what you need to know and when through the papers. shall we focus on the church of england investment funds? england investment funds? issues of diversity, gender, climate change. i think they had already mentioned. mentioned. but they are setting the moral bar, aren't they? moral bar, aren't they? general meetings, usually from april. april. to voting against various members of the board. the board. and they've decided basically not to invest... it's not as draconian as that. that. the appointment of certain individuals. individuals. this is a job or be pushed situation for them. pushed situation for them. much better for them to be seen to taking the initiative. taking the initiative. voice, and then the next stage is to collaborate, or disinvest. collaborate, or disinvest. found other funds doing this outside of the obviously moral? of the obviously moral? people and comes under the name sustainability, or stewardship. sustainability, or stewardship. our clients by having a positive influence. can we talk about

we are business live web page. we want to hearfrom you. we are on business live web page. a problem? yes, this is one of them. i get that bug that i want it. is your wife watching now? i don't want it and then i wanted and i fog out loads of money and three minutes after getting it it is the same as the other one. a lot of people are getting in touch saying, you have to convince me it is sufficiently different to pay up to £1000. prices are ridiculous, it does notjustify the small improvements made. nick says the £200 phone does the same as an £800 phone, so there is no need to upgrade. but it is not about need,is to upgrade. but it is not about need, is it? with a lot of these smartphone companies it is very rare that upgrade the handset in a significant way and usually it is the operating system and we can download that for free anyway about two months after the release of the phone. it is the software that we can get for free. i replace my phone when i lose it or when it stops working, that is mike harvey. so many it's coming in. thank you for your company today, we wil

much more about centrica on the business live page. something else to mention. tors of carillion will face a grilling in front of politicians today. another one to watch. two select committees will also question to light and the pensions regulator as part of the joint inquiry into the crisis that's been going on since its collapse. the work and pensions and business committee says it has a growing pile of evidence, the accounting firm also facing investigation by the accounting council over that. you're watching business live. our top story. the fight for clean air goes to court — we await a landmark german ruling on whether cities can ban diesel cars. it's being watched closely by the global auto industry and other big european cities. because most diesel cars are driven on european roads. learning a new musical instrument can be a chore, espcially if you're a young child. i know i found it difficult! the piano or violin. but musicality starts young, so are traditional techniques too tough? our next guest is the brains behind a new type of music education devise

you're with business live from bbc news. itain will leave the customs union after brexit, amid claims of tory disunity over the uk—eu future relationship joining us now is our business correspondent, jonty bloom. tell us more... since theresa may said last year we we re since theresa may said last year we were leaving the customs union, why is this significant now? two reasons, this week there will be meetings of the cabinet committee, which is in charge of deciding what the uk's policy on brexit should be, what the end result is likely to be. that was still up in the air. there was internal battles going on in the conservative party last week with the hard—line conservative party last week with the ha rd—line brexiteers conservative party last week with the hard—line brexiteers insisting they wanted to be outside the customs union. number ten was forced to say that has been our plan all along. nothing has changed, there is nothing to see here. those internal battles in the conservative party forced those comments from number

you're with business live from bbc news. alty package for breaching anti—money laundering and social responsibility regulations. business correspondent sean farrington has been looking at the details, he's in our salford newsroom. what have they been doing? what have they been doing? the gambling commission, the regulator looking at this, has used pretty strong words, systemic issues. it means it is not just one or two micro people, this is the structure of the company not assisting the anti—money—laundering practices and executing social responsibility how they should. 0ne problem was the gambling commission found that ten customers were able to use money found from criminal proceeds to put through william hill accounts, which ended up with william hill making £1.2 million in profit on the back of our cash. so pa rt profit on the back of our cash. so part of the £6.2 million is to pay back the £1.2 million, £5 million is a fine linked to breaching regulations put in place. some extraordinary examples being given by the gambl

that's it from business live today. w. contrasting conditions across the uk. not as cold this money because there is more cloud around. that will bring in outbreaks of rain. there will also be some sunshine filled up the best of the sunshine is in the south east. you can see the bright lights of london indicating clear skies. the cloud at the moment is only producing a few spots of rain, a few showers. it will intensify across northern england, wales and the south west of england. more cloud into the south—east later but more bright spells. elsewhere for scotland and northern ireland, a bit more cloud around full look at the temperatures, 7—10d not as cold as recent days. the rain will continue to spread down towards the south—east of england. we will see the green map returning in the north. temperatures dropping just below freezing. 0n north. temperatures dropping just below freezing. on friday, rain will clear away from the south east and then with the see a few wintry showers across the midlands, the north of england

you're watching business live.draft of the eu's legally binding brexit treaty is being published as we speak. there is a lot of it, about 150 pages. it will say that unless there is another deal, northern ireland will have two follow single market rules to avoid having a hard border with the irish republic. it isa border with the irish republic. it is a big sticking point as far as brexit negotiations are concerned. and a quick look brexit negotiations are concerned. and a quick look at brexit negotiations are concerned. and a quick look at the brexit negotiations are concerned. and a quick look at the european markets, all opening slightly down following negative trading on the asian markets overnight. and also on the us markets. have you fallen foul of the dreaded flu this winter? doctors and companies, suffering staff sickness, will agree it's been the worst flu season in years. so what about prevention? our next guest runs one of the world's largest flu vaccine companies; seqirus specialises in the influenza va

hello and welcome to business live.es to our eating habits, it turns out that many people are choosing healthier options — or at least cutting back where they can. but for a company like coca—cola, does a shrinking waste—line mean a shrinking bottom line? just to give you an idea, one can of coke has about seven teaspoons of sugar in it — and it accounts for 139 calories. that's about the same as eating a daim bar! americans are definitely cutting back. in 2016, soda sales hit a 31—year low in the united states. coke will be reporting earnings in a few hours‘ time and expectations are that revenue will fall 21% in the last three months of 2017. so the world's largest beverage company is looking to expand further into sugar—free alternatives and bottled water. but will that be enough? thank you. andy morton is news editor of the online trade magazinejust drinks. good to have you with us. already the tweets are coming in, including edward, i saw the line, ditched fizzy drinks, have swapped it for glasses of water bodies t

hello and welcome to business live.he boss of the world's biggest mining firm glencore has said that 2017 was its best ever. it follows strong results from its rivals bhp billiton and anglo—american earlier this week. all of them are benefitting from the improved global economy. glencore says its adjusted profits for 2017 came in at $14.76 billion that's 44% more than a year earlier. shareholders will be pleased to see that the company is recommending that they get $2.9bn in dividends. that's way above the minimum. and rising commmodity prices also helped net debt fall 31% to $10.67 billion. that puts the company in a stronger position for the future. but challenges lie ahead. the democratic republic of congo is key to gelncore's position as a key supplier of metals to the electric car industry. but the government is looking at new laws limiting how much of profit these firm can take out of the country. with me is paul renken, senior geologist and mining analyst for vsa capital ltd. well done for getting here. thank you

you're watching business live.own over global trade. china is threatening to strike back if america goes ahead with tariffs on steel and aluminium. a quick look at how markets are faring. london is up a little, as is germany and france, no big movements given that asian markets were closed. pound is stronger than the dollar, wea k pound is stronger than the dollar, weak dollar at the moment. do you wa nt to weak dollar at the moment. do you want to start? talking about global tourism. global tourism is booming. in fact, the number of trips made by global travelers surged 7% last year, according to the un world tourism organisation. and as this hunger to see the world shows no sign of abating, most travellers are becoming more savvy, in an effort to make their money travel further. one man who is embracing this is naren shaam, the founder of goeuro. his app was set up in 2013 to try and solve some of the problems associated with travelling around europe, helping users to navigate different languages, travel tickets,

you're watching business live.they can do to stop foreign takeovers they don't like. there's growing concern about companies with government links buying companies just to access their technology. some particular criticism has been levelled at many chinese firms and they deny that. a quick look at how markets are faring.. sky and shares are up 18% with the news that comcast is making a play for sky, which sparks a whole new story in that. that is all on our website. the chances are we will be talking about that for the rest of the week. in other news: in companies are forever trying to come up with ways to drum up sales or increase clicks and views online. and the best way to get a brand or product to viral is via social media. but according to our next guest, things don'tjust go viral by luck. there's a whole industry behind it, which two young british entrepreneurs have built a business around. social chain is a social marketing agency and social media publishing house. it owns and runs hundreds of popular social

and thank you forjoining us here on business live today. ning, we have had a bit of frost around this morning, temperatures as low as —5, minus six celsius in rural areas of oxfordshire, but for today most of us, a dry one, lots of sunshine in the forecast once again, a few showers perhaps across parts of lincolnshire, east and north yorkshire into the afternoon. some cloud floating around but as you can see by the colour of the map in places, that is when you have got the sunshine breaking through the cloud. but it will be chillier than it was, four to six celsius. through this evening and denied there will still be some cloud floating around but on the whole with clear skies it is going to turn cold pretty quickly and by the early part of saturday morning there's temperatures well below freezing. from the countryside, you will notice timbered is much lower than this, —5 to —7. timbered is much lower than this, —5 to -7. a timbered is much lower than this, —5 to —7. a cold and frosty start to the weekend, lots of sunshine through the weeken

you're watching business live.esident of the european commission, jean—claude juncker, will outline his proposals for the future eu budget. he'll be working on the basis that the uk will be leaving the union and this will deprive the eu of between 12 and 13 billion euros every year — that's around 15 to $16 billion. how do you fancy flying first class without paying a penny? well, it's possible, apparently. but you have to learn how to use all those air miles and credit card points wisely. and one man who says he can tell you how to do it is brian kelly. he's called the points guy, and his site gives the lowdown on reward schemes and how to use them. i caught up with him in la. thepointsguy.com is a site all about how to maximise your travel, whether it's your air miles or credit card points or whether a certain deal that an airline is offering is worth it. we've got a team of writers researching the nitty—gritty so you don't have to. so where did this begin? interestingly, i was always computer savvy. my dad got a

you're watching business live.rs its biggest one—day fall in history. we have talked about whether it is a correction or collapse. take a look at that. many of these we re take a look at that. many of these were down over 3% lower. we will talk to a top market analyst in around five minutes also to get her analysis of why we are seeing such declines, and whether we need to cut our losses and run or hang in there. it will take a tough nerve over the next few days. a lot to get through, let's bring you date with other stories making headlines. laurent potdevin, the boss of athletic wear firm lululemon, has quit unexpectedly. the vancouver—based company said mr potdevin had fallen short of internal standards of conduct. hejoined lululemon, which is best known for its yoga—wear, in 2014. singapore's central bank says there is no strong case for banning cryptocurrencies. the bank has been studying the potential risks but the deputy governor says that it is too early to say whether virtual currencies will succeed. bank o

this is business live from bbc news with ben thompson and sally bundock. business leaders lose their patience about britian's brexit plans as the prime minister meets senior ministers to thrash out the uk's position on leaving the eu. live from london, that's our top story on wednesday 7th february. the british chambers of commerce accused theresa may of "ambiguity" saying businesses must plan for their future and want a firm decision on the way forward in the next fortnight. also in the programme: grocery giant tesco faces britain's largest ever equal pay claim that could top $5 billion dollars as thousands of women workers demand pay parity with men. a bounce back in global stock markets following the wild swings this week that have marked a return of volatility after years of calm. but is it here to stay? traders could do with de—stressing. and we'll be getting the inside track on the business of stress—busting — stock market traders could do with a bit of that this week. but for many of us, hectic modern life means we all need a some help to destress. o

now on bbc news all the latest business news live from singapore. w on bbc news, all the latest business news live from singapore. facebook beats earnings estimates but investors steer clear of the like button over concerns about changes ahead. and india's budget goes before parliament. we find out how it might affect the country's economy. good morning, asia. hello, world. it is thursday. glad you could join us. i am rico hizon. we kickoff the programme with facebook and its latest earnings numbers which beat expectations. advertising revenue up which beat expectations. advertising revenue up 47% compared to the last quarter of 2016. a5 revenue up 47% compared to the last quarter of 2016. 11.3 billion us dollars profitability. not all good news. the stock slumped after mark zuckerberg warned engagement could ta ke zuckerberg warned engagement could take a hit as facebook evolves and users were spending 50 million fewer hours per day on the social media service. why is facebook changing? with the changes in the facebook algorithm, they are looking at

now on bbc news all the latest business news live from singapore. outh after another punishing session on wall street. and flying high but two were? we find out why businesses and spectators flocked to edge shows. —— airshow is. welcome to asia business report live from singapore with me, mariko oi. we start with markets and we had another volatile trading day of the night, wall street ended the day practically in freefall and now we're seeing asian shares down as well. monica miller has the latest. monica, wow, what a week? it's been intense. the asian markets are taking wall street's lead s&p m _7 seng isjust opening, it closed down! down as if seng isjust opening, it closed down! down as - if we can yesterday down as well. if we can look at what happened in the us, again itjust sank right to the bottom. the dow jones again itjust sank right to the bottom. the dowjones industrial is now down below 24,000, closing more than 4% down. snp 500 and nasdaq as well. it's been a nerve shattering kind of weak but there's one rally that would have made bigge

we have busy lives. we have stuff going on in the middle of the day, yet you come out here at 2:00 in the afternoon to stand u up for your business. that is cool. thank you very much. commissioner dooley. >> we need to hear these stories. we need to have people out there hear them for you, and this is really what makes san francisco such an amazing place. we are out there fighting for you to keep small businesses alive. >> commissioner dwight. >> i want to thank you all foregoing through this process despite the assistance of our head of the application process. i think it is very warding. i know several businesses that have gone through the process. we don't stop to think about the history because we are worried about our futures. it is a great exercise to pull that together. it is great for your family, both older people who may have forgotten and the new ones who never knew them. thank you for being here today. much appreciated. >> do we have a motion. >> move to approve all five businesses. >> second.

and many workers mix their business lives with their private lives a lot of them spend more time with their coworkers than they do with their families . this is the city of the young about two hundred fifty kilometers south of so. it's home to pasco the world's fourth largest steel manufacturer. the company's state of the art production facility covers an area of five square kilometers pasco employs six thousand five hundred people and they practice rigorous military style discipline on the job it's eight in the morning. the work day starts with calisthenics for everyone and words of praise for the company. whose goal is rolled up. also although you know. mr tyson has been performing this corporate ritual for twenty years now. and it's important to repeat the slogans every day that it helps to keep up our morale. tyson is responsible for equipment maintenance he works an average of twelve hours a day plus uncompensated overtime employees at this level are expected to conform to the corporate culture this includes treating coworkers and business partners with extreme courtesy. here tys

the business live page is updating as well. i have been here before, but not quite as extreme as what we have seen in the last 2a hours. give us your take on the sharp decline in the us felt in asia. it is shocking because it has been a nine—year bull market, especially in equities. these clawbacks, and it is a clawback, correctional panic, correctional crash, taking a breather... it is more than a breather!” crash, taking a breather... it is more than a breather! i would disagree. look at the underlying data. the economy is still really strong and steady. there are various bits of research that have come out in the past few days saying fundamentally things are pretty good. we came into 2018, a great ride, carried on into january, and people got nervous. what was the trigger? the increase of wages on friday in the us? unemployment data? was that the trigger? we were asking in the newsroom, is there something out there we do not know, the rumour about the replacement forjanet yellen at the fed? a fear factor? there has been a fe

for good in the short short period of time for sort of this mysterious busy lives of so that. from the dealer gives you the president. who was once mobility this time it's too short. there was the cooperation between all of us the president of the north for their own lives it is not good. for the short terms of the process where we call or what do we expect other people to do with. their expecting to do so i don't know what. let's leave it to the rest of their groups. and for more let's bring in melanie miller from the german institute for international and security affairs thank you so much for joining us tony thank you could even. we just heard there at the a.n.c. secretary general saying let's leave it to zuma surely back cannot be a plan given zuma is defiance and his refusal to step down so what do you think happens now going forward could zuma still be in power three months from now six months from now whether it does very difficult to say at the moment and i find a very difficult to speculate he has called for a press press briefing tomorrow morning. and see what is goi

now on bbc news, all the latest business news live from singapore. 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 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

now on bbc news, all the latest business news live from singapore.all smiles from north korea and the winter olympics but will that be enough to lift sanctions on the country. and we had to hyderabad to find out why this city's drawing so much talent. gong xi fa cai, have been lunar new year to all our viewers, welcome to asia business report. —— happy. the world has heard from north korea more from the last few days than in decades, their figure skating team, cheerleaders and north korean leader kim jong—un‘s sister have all won the hearts in the winter olympic games in pyeongchang but good this soft diplomacy translate into loosening sanctions against the state? earlier i asked justin hastings, an expert on the north korean economy, how the international community had reacted to the latest moves from the country. un sanctions and us sanctions aren't going anywhere so what the north koreans can hope to gain is ultimately weaken south korea's will to enforce sanctions and maybe get more aid or money out of south korea. at some point north korea will

now on bbc news all the latest business news live from singapore.pple, alibaba, and is on and alphabet reporting strong news but will investors give them an a+? alphabet reporting strong news but will investors give them an a+? from chicken farm to boardroom, the unusual career path of a tech ceo. iam rico i am rico hizon, you will watch it world business report. good morning asia, hello world. corporate earnings in america and revenues have surged a long list of tech titans. apple has reported quarter reve nu es of titans. apple has reported quarter revenues of 80 $80 billion but iphone sales fell short. —— 88. according to the latest earning reports apple is selling fewer iphones than it was last year but it may not be quite as bad as it sounds. the period it measures in the 17 was one week shorter than that in 2016 which may account for the drop of 1%. also, because of the iphone x, the average selling price has gone up to nearly $100 so while they were selling less, they were making more money on each one. —— $800. still they did not smash it ou

that's a new good posts on this busy lives up to itself to false. good politicians to. put themselves on the line. to get accepted or rejected. so when you want to be president. or somehow want to be. too great to be press this is what before three in the morning can't be good. i'm interested always in the waters in the. first sip. from north korea to syria's president donald trump's foreign policy is literally all over the map north korea says it is open to direct talks with washington only to be met with preconditions in syria peace is within view but this is not for the trumpet ministration wants. the new global economic war is unfolding in the realm of education the right to education being supplanted by the right to access education it's higher education is becoming just another product that can be bought and sold just not just about education anymore it's also about running a business and what you're good at version. of the following couldn't you. want is the place of students in this business model before college i was born now and i'm extremely more higher educa

as caseswe know that as people go t their busy lives, usually we are not paying attention to the indicators of human trafficking. these crimes often occur as has been noted, right before our eyes, in plain sight. that is why through our federal and state law enforcement task forces, not just during the super bowl but throughout the year, are focused on training efforts on employees who work in hotels, airports, casinos, and other hospitality and entertainment occupations. we are reaching out to teachers, administrators and schools, banking and transportation workers and health care providers, and the faith community. these trainees throughout minnesota have resulted in actionable tips into our office fbi andf ei and hsi -- hsi. you have also collaborated with an organization called "club operators against sex trafficking" to provide education and training to owners and employees of adult entertainment clubs throughout minnesota. they may be the most likely once to encounter signs of a sec sex trafficking victim, and this cannot be ignored. so, what cases have we investigated and prosecuted

many are definitely busy. live from bloomberg world headquarters in new york.: this is "bloomberg markets." seeing the dow gaining 8/10 of 1%. we have seen wild swings in the markets. index also gaining 4/10 of 1%. almost half of the sectors on the s&p 500 index gaining ground. the nasdaq is up 7/10 of 1%. 10-year yields are bouncing back. end yield leads the rise. treasury volatility is on the rise. been0-year yield has rising to more than 20 basis points this week. the treasury is at the highest level since april. the offshore yuan is gaining ground. the new year holidays are coming up, but this currency has strengthened in the past week. emerging market trends have taken a beating lately. let's go to the first word news. mark: president trump plans to release his infrastructure proposal next monday, according to a white house official. generatedent aims to $1.5 trillion in spending on roads, airports, and other public works. would comeillion from the private -- federal government. met with peru past president today during his official tour of latin america.

now on bbc news, all the latest business news live from singapore.tock markets have lowered in the wake of two days of heavy losses on wall street. i am here at the singapore air show as asian countries beef up defence spending i have a lie in chief executive. -- live interview. it is tuesday, glad you could join us for another exciting addition of asia business report. we start off with a very volatile and crazy global stock market. and the rout has deepened this tuesday with asian financial markets heading lower this morning on the back of heavy losses on wall street. this is where things stand at the moment. as you can see, the nikkei is down by over 4%. the all ordinaries index is in the red by 2.6%. for a perspective on this sharemarket rout i'm joined now by oui’ sharemarket rout i'm joined now by our asia business correspondent. 1000 points on the nikkei today. this carnage, this fall continues from yesterday's rout. as we have been talking about all morning this has come about as a result of rather positive economic news coming from the unite

any one of us could have entered those businesses. he lived by the creed basically of the delighting his customers and working with people and establishing the relationship with them so that they in turn would want to delight the customers. we couldn't go out there and take care of every rental car possibility. he learned how to project himself and his attitude watowa his fellow man and his desire to make a friend out of every customer. he managed to take very ordinary cars and turn them into this extraordinary business from virtually nothing. it illustrates several points. one is you don't necessarily get it right the first time. the car leasing business, basically we're competing on the cost of money to finance cars. it's very hard to delight a customer when you tell them to send you a monthly check for five years. at the age of 40 with all of that experience behind him, he found, he found the golden key. he took a very ordinary business and turned it into an absolutely extraordinary operation. just like mrs. b., rose blumkin did with furnit

and the big power of small business. liveromy joining us the goldman sachs 10,000 small businesses summit in washington dc. now a check at the markets. julie: for the moment nasdaq is higher and take into the green earlier today on the strength of some large-cap technology. amazon rising, apple rising, helping mitigate the kleins elsewhere in the markets today. declines. if you take a look at the movement in the three averages, we haven't seen a third straight going back to mid-january on the three major averages. have been seesawing without sustained momentum. see theteresting to swings in recent days, and a lot of takeover speculation going on in today's session, or appears to be going on. and we seeres up, big swings in twitter can to be connected to some sort of speculation, and honestly nothing has materialized, but shares are trading at their highest going back to the summer of 2015. according to wall street journal, there are in talks with walgreens to perhaps a choir the -- theyamerica source also reported that amazon

union with the eu if he was prime minister, saying it would safeguard jobs and living now on bbc news, all the latest businessve from singapore. day two of the world mobile congress in barcelona. we find out what they have to say about the us ban on its product. new zealand public finance minister tells us what the gbp would mean for the best tpb would mean for the country's economy. good morning, asia, and hello world. clad you could join us for this edition of asia business report. it is tuesday, andi asia business report. it is tuesday, and i am rico he's on. we start off with the world mobile congress in barcelona today, and american politicians have been accused of barring the company from the us market for commercial reasons. operators have been warned from stalking him, mobile phones over concerns that the company is too close to the chinese government. the firm insists it's independent that it's mobile boss told rory katlyn jones that they have big ambitions, whatever happens in america. every year, we have strong growth, every year. we have a chance to be number one, not far away. you think you can b

executives of carillion have spoken publicly for the first time and now on bbc news, all the latest business news liverom singapore. asian stock markets surged this morning after wall street bounces back. bowling touches down at the singapore airshow. what deals will they make? —— boeing. good morning, asia. hello, world. glad you could join us for this edition of asia business report. i am rico hizon. we start off with asian markets and they have opened higher after the mulch will stay on wall street, which saw the main us indices plunge for making record gains. here is where things stand right now. the nikkei is up by 3%, thatis right now. the nikkei is up by 3%, that is 660 points. the asx all 0rdinaries index is up by i.2%, and the hang seng index, according to the hang seng index, according to the futures markets, will be opening in positive territory. we will have the initial numbers for you in about five minutes‘s time. it is important to keep this wild ride in perspective over a longer period because the markets look very different. the nikkei has gained 14% over the last year. hong kong's mai

now on bbc news, all the latest business news live from singapore.de and the trans—pacific partnership are at the top of the agenda for the prime minister of australia, malcolm turnbull, and his first visit to washington. how valuable is one celebrity's worth? snapchat is finding out the hard way as its stock falls more than 7%. good morning, asia, hello, world, it isa good morning, asia, hello, world, it is a friday. thank you forjoining asia business report. we start with malcolm turnbull, the prime minister of australia, meeting donald trump very soon at the - house. he is very soon at the white house. he is travelling with a large delegation of business leaders to boost trade. australia— us trade last year rose to $34 billion. major australian exports include beef, other meats, and spacecraft. the us is the largest foreign investor into australia, pumping in $672 billion into the economy last year to be i spoke to a professor at the university of sydney, who said it is an important relationship. they are at the largest investor in australia, and

now on bbc news, all the latest business news live from singapore. shrugged off the latest inflation report despite worries that rising prices would trigger more rate hikes. we will find out why. and as donald trump cracks down on immigration, the spouses of thousands of asian immigrants working there could soon lose their jobs. good morning, asia. hello, world. it is the eve of chinese new year. glad you could join us. we have been waiting for this piece of data all week. the latest inflation numberfrom data all week. the latest inflation number from the world's biggest economy. american consumer prices rising farther than expected in january, balancing up by 0.5%. economists were expecting a rise by 0.3%. in increased by 2.1%, the same pace as the month of december. this time, markets were shaken by the numbers. the nasdaq gaining 1.9%. our business reporterjoe miller explains why. job numbers we got a couple of weeks ago are up. people have more money to spend. really, this is quite good news and that may explain why in the markets haven't really

now on bbc news — all the latest business news live from singapore. reserve, minutes out of. will the central bank take a more hawkish approach on interest rates? and a global tech consultancy shows businesses how to play their cards right in the year of the dog. good morning asia, hello world. glad you could join us for this exciting edition of asia business report, i am rico hizon. we start off with the us and federal reserve has released minutes, giving an upbeat assessment of the economy and inflation, changing expectation about interest rates have created more volatility in the markets, just like what happened on wall street yesterday, opening on the plus side but closing in negative with the dowjones down by 167 point. as for asian markets, currently open and it is a mixed bag. the nikkei up and the all ordinaries down the. earlier i put the question to our reporterjoe miller in new york. if you ask the markets when they had closed at 4pm the answer would yes but if you ask the answer would yes but if you ask the markets just a a few minutes afte

now on bbc news all the latest business news live from singapore.e over or is itjust the beginning? we find out where the global markets may end after the volatility of last week. and and enduring sports legacy. we find out about triathlon‘s plans for asia. it's monday, everyone. good morning, asia. hello, world. thank you for joining us for this edition of asia business report. we begin the programme with the asian markets that are offered from heavy selling last week following volatility on wall street. we had the bench mark indices injapan, hong kong and shanghai falling at least 10% from recent highs. chinese equities in particular were under pressure, partly due to the weakening of their currency. should we be bracing ourselves for another wild ride this week? i asked that question earlier. investors seem to be responding to increased expectation that in flirtation will pick up —— inflation will pick up. the strength that we are seeing in global economy that is driving market and as we may be in the midst of this shift, i expect investors will

now on bbc news, all the latest business news live from singapore. raising taxes.t's rarely a popular decision but that's what singapore is expected to do when it announces the 2018 budget later today. and cambodia grapples with how to provide enough affordable housing to a fast—growing population. it's monday, everyone. good morning, asia. hello, world. glad you could enjoy enjoin us for another exciting week on asia business report, i'm rico hizon. in singapore taxes are the focus when the citystate announces its new budget. the government has flagged it will need to increase tax revenues as spending on healthcare and infrastructure is expected to rapidly rise. one possible idea, attacks on e—commerce, which would make singapore among the first in asia to do so. earlier i spoke with amy from ernst and young and i asked her if we're likely to see tax increases. really it's what the government has been messaging up to today. there's increased need for our social spending with an increasing and fast ageing population. what will be e—commerce tax structure look like?