in other business news, faults bagan has a new boss behind the wheel. behind the wheel. it will now have just three groups while preparing its truck is must for listing. the plans were announced after vw and the board of directors ousted their former ceo and discussed ways to overhaul the company which encompasses a wide variety of vehicles. would show you the markets before we go because president trump, turning down his rhetoric about a possible military strike in syria has been helping to boost shares in asia and, of course, overnight on wall street as well. that is it for this edition of asian business report. thank you for watching. the top stories this hour. tension mounts about possible us military action in syria, as jets and warships are moved into place. mike pompeo faces a grilling by us senators at his confirmation hearing. but trump's choice to be secretary of state denies he's a ‘war hawk‘ latest figures for accident and emergency waiting times in england are the worst since records began 16 years ago. the health watchdog nhs improvement s

now, the business news.ntinues its revival under boss dave lewis. the group reported pre—tax profits of £1.3bn for the year to february, up from £145m for the previous year, as uk like—for—like sales rose 2.2%. uk manufacturing output fell unexpectedly in february. it's the first decline in almost a year and a fall from the zero rate injanuary. the office for national statistics says the decline was the first since march 2017. diverging from european union rules after brexit will mean more costs than benefits for british business, according to a report out today by the confederation of british industry employers' group says. good afternoon, welcome to the business news. the owner of littlewoods.com has announced in the last hour that it will close down three sites in greater manchester meaning 2,000 jobs will be at risk. the company that owns the site is called shop direct and they also own very.co.uk. you can get more on this story on our website. now for some cheerier news from the high street, the uk's bi

and now for a brief look at what is trending in the business news this morning. business insider reports a survey of top financial executives by duff and phelps — the majority think london will lose its crown as the world's global financial centre within five yea rs. from cnbc, more on the seemingly unstoppable rise of amazon.

now on bbc news, all the latest business news live from singapore. ina's president is expected to promote economic openness in his keynote speech even as the trump administration warns about more tariffs. and taiwanese start-ups are finding in awaited new ways to turn the island's image from a garbage filled area into a recycling haven. welcome to asia business report. it's a brand—new week and us china relations will continue to be the focal point for the markets this week. the boa0 forum begins today on the resort island of hainan. xi jinping will deliver the keynote investment —— address and investors will be watching to any escalating trade tensions with america and how ha rd trade tensions with america and how hard china may push back. the technology sector remains under scrutiny because on tuesday and wednesday, facebook chief mark zuckerberg will testify in front of congress about the cambridge analytica date to misuse scandal. and china releases its data on friday. —— darter. global markets strategist and anderson says xi jinping will focus on

that's all the business news. d large parts of the great barrier reef two years ago was so severe it "cooked" vast swathes of coral. scientists from queensland say millions of coral in northern parts of the reef were killed by the rise in sea temperatures. they say australia's greatest natural treasure is threatened with ecological collapse. you can now experience differing levels of pollution from five different cities all under one roof. it is part of a new art installation that has been unveiled in london. visitors can wander through pods that re—create the fumes and smells of cities including new delhi and beijing. our arts correspondent, david sillito has been finding out more about the air that we breathe. my name's michael pinsky. and this is an artwork. and this is an artwork? .it doesn't feel good at all. for me it smells good. does it? the air they are breathing has been created by chemists and perfumiers. it is called living diesel, and it is a careful reconstruction of the smell of london. wow... you li

now on bbc news, all the latest business news live from singapore.arkets are tumbling in early trade, after massive falls on wall street, amid fears of a trade war. and write hayling app grab, plans to grab coopers customers. —— ride sharing. welcome to the asia business report. it has been a rocky day on wall street, china's retaliatory trade ta riffs street, china's retaliatory trade tariffs on us goods and donald trump ‘s attacks on amazon had taken their toll. on monday, china introduced ta riffs toll. on monday, china introduced tariffs on 198 us products and that sparked fears of a trade war between the world's two largest economies and is hitting on a lot of investors nervous. on top of that, for the third time this week donald trump has also slammed amazon. shares of the country, company slid by more than 5% after this tweet from the us president, at using it of exploiting the us postal service. now asian markets are taking wall street's lead as well. joining the initiative is monica miller with all of the latest. tokyo stock' have dropped dr

business? do we have any members of the public bho would like to comment on new business? seeing none, new business is closed. next action item, please. >> sfgovtv please show the office of small business slide. >> president adams: okay. it's our custom to begin and end each meeting with a reminder the office of small business is the only place to start your new business in san francisco and the best place to get answers to your questions about doing business in san francisco. remember the small business commission is the official public forum to voice your opinions and concerns about policies that affect the economic vitality of small businesses in san francisco. it all starts here at the office of small business. >> item 9, adjournment. action item. >> i move. >> i second. >> president adams: all in favor? >> aye. >> president adams: meeting adjourned. [adjourned] . >> the meeting will come to order. this is the regular meeting of the budget and finance committee. i am supervisor sandra lee fewer, vice chair of this committee. i am joined today by supervisor stefani and s

business news is about people and how we live our lives. beyondand profit goes numbers to analyze how the global flow of money and profits shape our world. intelligent and accessible. the show comes across business, economicics and politics. >> people and profit. >> cynthia knew nothing about boxing until she saw the match on tv two years ago. since then the sport has changed her life. in a suburb she trains every weekend with dozens of other young people. at 17 she dreams of becoming a professional boxer to support her family. for the past 13 years cynthia's coach has been volunteering at the local primary school youth center. that hasn't stopped them from fighting on the dusty ground in the scorching heat. >> it's very good now. we need nigeria to support both teams. >> in the 1950's and 60's nigeria produced some of the best boxers in africa. the golden age has long past with boxing overshadowed by athletics and football. with the creation of specialty be challenged -- channels but in the sport boxing is beginning to appeal to a broader m

now on bbc news, all the latest business news live from singapore.es a u—turn and eases restriction on foreign ventures. and saying goodbye to plastic. good for the environment, but is it bad for some businesses? good morning, asia. hello, world. it is wednesday. thank you forjoining us that this edition of asia business report. the latest twist to the trade row between the us and china, beijing has announced it is changing gears when it comes tojoint it is changing gears when it comes to joint ventures with foreign auto manufacturers. officials say they will ease the restrictions that require companies such as vw and general motors to partner with domestic companies in order to do business on the mainland by 2020 to. joining me now is a chinese industrial analyst. i'm joined now by webcam from new york. thank you for joining by webcam from new york. thank you forjoining us. what do you make of this latest initiative by china? does it make sense? i think it makes a loss of sense. it was a little bit ofa a loss of sense. it was a little bit of a surpr

that's all the business news. of a bucket list of adventures they have put together is braving the rough seas of the southern atlantic in a bid to make it all the way to the americas. but with the boat's battery running low, the crew of an offshore drilling rig have offered to find her, recharge her batteries and send the little boat back on her way. speaking to tina daheley on the victoria derbyshire programme was the boys' father macneill ferguson. we put together a list of 500 different challenges and activities for us to try and get through before our two young boys ollie and harry turned 18. so far, we have completed 239 of these adventures. and we share them on our facebook page. the days are just packed. why this toy pirate ship that you decided to set sail and track? well, one of the adventures was going to be a message in the bottle. but we did not feel putting a plastic bottle in the ocean was that environmentally friendly. while we were thinking about how we could do it, we realised we had the perfect v

moving on to other business news, south korean chip manufacturers reported a 77% jump business news, south korean chip manufacturers reported a 77%jump in first—quarter profitability, strong demand for powerful server processors helped offset weaknesses in smartphone sales. the world's second largest memory chip maker says it expects continued growth in serving demand from global internet data centres. moving on to the toy business, and hasbro isn't having much fun these days, the toy firm reporting worse than expected earnings numbers for its first quarter, from january to march. it blames the bankruptcy of toys"r"us for a slide in revenues. however, they say the worst is over for the first half of 2018. let's have a look at the markets, and as you can see, the asian markets are now open for trade, and we are seeing some positive moves among the investors, with the nikkei 225 gaining about 0.5%, that is 120 points. the all 0rdinaries index in australia is also open for trading, and that indexis also open for trading, and that index is up by about 17 points to 5992. this is after wal

now on bbc news all the latest business news live from singapore.tock markets opened in negative territory after industrial and technological equities sent wall street into a nosedive. and in japan, street into a nosedive. and in japaflj street into a nosedive. and in japan, j blossom spring street into a nosedive. and in japan,j blossom spring tourists from around the world for an unforgettable experience. good morning, asia. hello, world. we start off with the markets and asia on wall street stocks falling sharply with worries about higher interest rates and corporate earnings that have not met lofty expectations. correia is in negative territory. the nick kay down by 100 and 20,100 44. the dowjones falling for a fifth day. the nasdaq fare well either. as the index, the snp recorded its biggest decline in three weeks. australian and new zealand markets are close to celebrate anzac day. the reason for the rout is caused by concerns over poor earnings. ql the rout is caused by concerns over poor earnings. 01 looks like it might have been the high wa

you're with business live from bbc news. gh—street retailers, with carpetright announcing it plans to close 92 stores and cut 300 jobs to reduce costs. elsewhere, mothercare has blamed a lack of shoppers for a 2.7% fall in uk sales during the previous quarter. for more on this, we're now joined by laith khalaf from hargreaves la nsdown. what do you make of mothercare's results ? what do you make of mothercare's results? some good news? we knew mothercare was on the ropes, currently in talks with creditors to secure currently in talks with creditors to secure its financial future, currently in talks with creditors to secure its financialfuture, so in that context, today's results, they are actually probably more positive than the trading update we saw last time around. we are still seeing a decline in like—for—like sales and we know why that is happening, the high street stores are not generating the footfall they once did. we have seen a pick—up in the online sales at mothercare will stop international sales accounting for 60

that's all the business news. ago, could be returned to ethiopia by the victoria and albert musuem on long—term loan basis. ethiopia has repeatedly asked for the return of the treasures, but its pleas have so far gone unanswered. lisa—marie misztak went to find out more. beautifully written manuscripts. a meticulously crafted golden crown. silverjewellery, these are some of the items that were plundered and ethiopia during the battle of magdala in april 1868. the royal and religious treasures were taken when a british expeditionary force laid siege to the mountain fortress of the emperor of what was then abyssinia. this was the response to the emperor's imprisonment of europeans. but now, there are some hope for those fighting for the treasures to be returned home. the history of these items in our collections are legally complicated. the easiest way in order to have these items in ethiopia is a long—term loan and we've done that with other items in our collection, with other parts of the world in the past. the et

in a moment a summary of the business news this hour but first, the headlines on bbc news: theresa mayo windrush migrants who arrived from the commonwealth after the second world war and have been wrongly threatened with deportation. a woman dies after the engine of a plane travelling from new york to dallas exploded mid—air causing her to be partially sucked out of the window. it's confirmed that the head of the cia travelled to north korea last week to meet the country's leader, kim jong—un. in the business news: uk inflation has fallen to 2.5% for march, down from 2.7% in februray, that's its lowest rate for a year. we'll have more on that in a moment. uk passport maker de la rue will no longer fight the government's decision to award the future passport making contract to a franco—dutch company. de la rue, which also issued its second profit warning in less than a month, said it had considered all options. uk passports will revert back to their original blue and gold colour from october 2019. and starbucks will close 8,000 of its us branches for racial sensitivity training next mon

stay up today with all the day's business news as it happens on the bbc‘s business live page.u too. get involved on the bbc‘s business live web page at bbc.com/business. on twitter we are @bbc business and you can find us on facebook at bbc money. bussiness live on tv and online, what you need to know, when you need to know. what other business stories has the media been taking an interesting? james, let's start with the european investment bank, it is cutting down its investment in the uk, quite drastically? it is the flow of new money in 2017 was a material step down on the flow of fronts in 2016. this is important because the european investment bank via the european investment bank via the european investment bank via the european investment front has been a principal supplier of capital to start up businesses in growing parts of the market. why would you invest in the uk, lent money to the uk if it is about to leave europe, obviously? the shared the uk has had of the kitty has gone from 70% down to 8%. now france leads the pack, they are getting the most. they did say the

so item ten is new business, so if you'd like to -- we have a -- it's not -- it's -- so under new business, we'd like to talk about pop up on may 8th. >> we were seeing if we could make you wait the entire duration. >> good afternoon, commissioners. for the record my name is mary ann mazucco thompson with the office of workforce development, and may 8th, we will have a pop up, and it will be our third pop up annually. last december, it was funded by square, so i'm going to let square make this presentation because i just want to say to everybody, if you have to pick a business partner to work with on any project, it's definitely square. they make our job so much easier. so i'm going to step aside and first, i'm going to introduce dan swislow who's with square, and then aaron archuleta. >> hi. >> dan swislow. i'm going to tell you a little about square and then aaron is going to tell you a little about the pop up. square is a san francisco founded business. we're on market street. our cofounders founded the company back in 2009. one of our cofounders was a glass artists, and he tried to sel

and now for a brief look at what is trending in the business news this morning. tives by duff and phelps — the majority think london will lose its crown as the world's global financial centre within five yea rs. from cnbc, more on the seemingly unstoppable rise of amazon. it's planning a push into clothing sales to overtake walmart as the number one apparel retailer in the us. that is all we have time for on the business briefing. still to come, plenty more, including a look through all of the papers. goodbye from me and the team for now. dame tessa jowell has become the first person to take part in a new, world—wide database, which aims to eliminate cancer. the former mp was diagnosed with a brain tumour almost a year ago and has campaigned to get better treatment for other patients. catherine burns reports. dame da m e tessa dame tessa jowell. .. baroness jowell will has an aggressive form of breast cancer. early this year she spoke about it in the house of lords. what gives a life meaning is not only how it is lived but how it draws to a close. i hope that this

stay up—to—date with all the day's business news as it happens on the bbc‘s business live page.ound the globe. and we want to hear from you, too. get involved on the bbc‘s business live web page at bbc.com/business. on twitter we're @bbcbusiness. you can find us on facebook @bbcmoney. business live, on tv and online. what you need to know, when you need to know. please get in touch. simon is back and we told you we would talk about and we told you we would talk about a very big check that michael bloomberg has written, $4.5 million. what is it for? that's to cover the shortfall on the paris climate commitment for this year now that the us isn't making that payment. commitment for this year now that the us isn't making that paymentm that how much the us pays? it doesn't seem like a lot of money.” was thinking that as well. he's only made the commitment for one year, in fairness. it's interesting in terms of the timing. if you look at it not from the perspective of the climate change but from the perspective of us politics, we are coming up to the mid—term election, michael bloomb

coming up at six o'clock on breakfast — charlie stayt and louise minchin will have all the day's news, businesshe bank of england says it should be part of the national curriculum. this is the briefing from bbc news. the latest headlines: the south korean president moonjae—in and the north's leader kim jong—un have concluded the first round of talks at their summit in the demilitarised zone between the two countries. it's the first such summit in more than a decade and the first time a leader from the north has visited the south since the end of the korean war. the american comedian and entertainer bill cosby has been found guilty of drugging and molesting a woman at his home in philadelphia. now it is time look at the stories that are making the headlines in media across the world. we begin with the korean herald which shows south president moonjae—in and north korean leader kimjong—un at the beginning of their historic day—long summit meeting inside the peace house at the north—south korean border. the hill looks ahead to another meeting this time in washington where us president donald trump

now on bbc news, all the latest business news live from singapore.he first dip in over a year. find out why business confidence has worsened slightly for japan's find out why business confidence has worsened slightly forjapan‘s dig manufacturers. initially it was aluminium and steel. now pork and wine. the game of tit—for—tat over ta riffs rolls wine. the game of tit—for—tat over tariffs rolls on between the us and china. welcome to asia business report. i am china. welcome to asia business report. iam karishma china. welcome to asia business report. i am karishma vaswani. we will start with japan, where confidence amongst the country's biggest manufacturers has slipped for the first time in 1.5 years. the bank of japan's quarterly cheque of around 10,000 companies has shown a dip in sentiment —— check. this is mainly due to the strength of the yen and fears of a trade war. it will put the spotlight on prime minister shinzo abe's policies, and he has been subject to cronyism scandal, with his approval ratings falling to the lowest since he returned o

stay up—to—date with the business news as it happens. 0n stay up—to—date with the business news as itors from around the globe. we want to hear from you and get involved on iweb page. 0n twitter we are at bbc business. you can find us on facebook. business live, on tv and online. what you need to know, when you need to know. tom is back as promised. elon musk says if your business meeting is going on too long, just walk out. he is saying, don't waste time, people sit around and meetings if it is a one—hour meeting, curiously enough, it isa one—hour meeting, curiously enough, it is a one—hour meeting even if there is only 15 minutes of business that needs to be done. he is telling people to get sensible about it, drop offa people to get sensible about it, drop off a call if you are not adding any value any more. we have all been in those situations, but it does require a bit of courage to say, this is a waste of my time. lot of people getting in touch, danny is watching in india and he saidi danny is watching in india and he said i would walk out if i was the boss, but i would lose myj

and now what's trending in the business news this morning. thursday, with a sky—high valuation of $700 billion. its shares are trading at more than 200 times its earnings. but it argues that could be justified. —— that is your business briefing. our media review in a moment. but first, supporting the mental well—being of prime risk or children could drastically improve their life chances and generate significant economic benefits, according to a new study. it's claimed that offering pupils counselling could help to prevent them skipping school, cut crime and lead to higher employment. kathryn burns reports. if you don't have a place to be, then you willjust feel like, so negative. the children's mental health charity place to be provide support across the uk. it held with everything from argument in the playground to therapy sessions. it asks economists to put a financial value on its work with primary schoolchildren. the report predicts that anyone who gets counselling through the charity could benefit by £5,700. that is mostly because they

item number nine, new business. >> clerk: item nine, new business. allows commissioners to introduce new agenda items for future consideration by the commission. discussion item? >> president adams: commissioner zouzounis? >> commissioner zouzounis: yeah. i would like to know if there is a list of what construction mitigation funds exist right now and what oewd is working on in terms of the content of those? i spoke to some merchants along the vanness corridor, and they lots in t lost in the hundreds of thousands of dollars already because of construction going on on vanness, and we know that's going to last a while longer. so questions about construction mitigation funds. also in the last couple weeks and months, i've been referring increasingly to the office of small business people who are having issues with taking their licenses due to relocations, and people who are confused what to do with a license that's in escrow that, you know, has restrictions on it due to laws on the books that, you know, require cu's not to be moved for certain licenses.

it is time for business news.untingarting with a tray tension between the world 's two biggest economies. >> it is a tit-for-tat against themeasure tariffs that went into effect last night. -- last month. beijing is slapping $3 billion of u.s. goods with tariffs. back, slapping 128 u.s. projects -- products with tariffs. the highest tariff of 25% applies to eight products. will have a 15% tariff applied. china says the u.s.s. presidents playining with fire.e. ,> there is a a dangerouss signl the u.s. seems to cast wto aside and igignore everything fofor is amererica first policy. i know the former director of the wto is very angry. fact $3ariffs of billion of imports, a tiny fraction of the u.s. exports to china. the measures could wto guidelines, but beijing says it is within its rights to retaliate. it seems consumers feel it is necessary. it is correct to impose tariffs. it is right to fight back. puts tariff on some chinese products, we should put tariffs s on the united states. >> donald trump is set to move

i'm ramy inocencio, and this is bloomberg best, your weekly review of your most important business newsalysis, and interviews from bloomberg television from around the world. it was a busy week for corporate earnings reports, starting with results from alphabet, the parent company of google. >> the first quarter numbers are in, reporting sales of $24.9 billion. they topped estimates by $600 million. earnings per share came in at $16.32, and pay clicks jumped 55% and capital expenditures for the giants more than tripled. >> the big takeaway for the investors was the spending. if you look at capex, it's more than doubled. they talked about how they spent $2.4 billion on real estate in chelsea markets this quarter, but they also mentioned they are investing deeply in their cloud and data centers and this machine learning technology, and they say that is not going to stop. they're going to keep spending quite heavily on google. >> the 10 year treasury yields jumped to 3% since the first since now that we have 2014. reached this, does selling pick up pace? >> we saw it reach 3% and come down

i think we've had a lot of busy news days lately. the best i can do on that one. >> shepard: all right. is there a sense on kevin mccarthy and whether the president may come forward with an endorsement? steve scalise is a very popular guy and has been for a long time. it's really two different ways of going though. >> right. right. those are two main contenders. kevin mccarthy. if you remember in 2015, he was running for speaker when boehner stepped down. he couldn't get there. he's had a great relationship with the president. president trump refers to him as my kevin. we've seen that flourish over the past year. so he has a good shot of getting to 18. steve scalise is a growing star in the party. he went from getting shot to being he's back and he's really popular. he was -- he's known as a conservative and also gets along well with the president. the president likes him. scalise has said that if mccarthy wants it, he won't challenge him. so right now we're waiting to see what kevin mccarthy will do. >> shepard: caitlin owens for ac

this is bloomberg best, your mosty review of your important business news, analysis, and bloomberg televisionrom around the world. it was a busy week starting with alphabet. >> the first quarter numbers are of $24.9ting sales million. -- $24.9 billion. pay clicks it jumps 55% and capital expenditures for the giants more than tripled. capex, it'sok at more than doubled. they are investing deeply in their cloud in data centers and the machine learning technology, and they say that is not going to stop. yields10 year treasury just to 30% since the first time and since 2014, and now that we have breached of this, does the selling pick up pace? >> so far, we have seen level holds bridge 3% and come back down and yields -- in yields. headlines are out. we probably will cross it again in the coming days and now we can sort of focus on the yield curve and all the other things that are going to impact the market going forward. from boom to boston, shares of caterpillar down in a dramatic turn and that is one of the biggest drags. what happened? the cfo said once you was the high water mark in terms of

in the business news... 21st century fox says it would sell off sky news to disney or ring—fence it toy it does not already own — and is willing to pay £11.7 billion. but it faces problems after the regulator says it's not in the public interest. britain's manufacturing sector slowed in the first three months of 2018 to its lowest level of activity in a year. a slowdown in new orders hit growth. the cost of raw materials for factories also rose but not as sharply as they have been. in fact, at their weakest rate in the year. shares in the music streaming firm spotify will be publicly traded for the first time later. it will make its debut on the new york stock market. the flotation marks a turning point for the firm that, after 12 years, has not yet made a profit. spotify‘s listing, which could value it at £14 billion, is unusual as it won't be issuing any new shares. more now on that slowdown in growth in the uk's manufacturing sector. activity in the first quarter fell to its lowest level in a year, thanks to a slowdown in the rate of new orders. but, as ruth gregory from capital eco

in the business news...sion contributions from today. the government's raising the amount which will need to be paid into the auto—enrolment schemes. employees will have to pay at least 3% of their income, with employers adding another 2%. britain's economy chalked up solid productivity growth in the last three months of 2017. labour productivity, or output per hour worked, rose by 0.7 percent in the fourth quarter of 2017 the co—operative group has returned to profit after what it called a "year of progress". the group reported a profit of £72m for 2017, after a loss of £132m the year before when it wrote off the value of its stake in the co—operative bank. when the the apprenticeship levy came into effect last april, the government had high hopes that it would ‘fundamentally change apprenticeships for the better‘. under the new rule, companies with a wage bill of more than £3 billion must pay 0.5% of it to the education and skills funding agency, which is part of the department for education. all very well

that's all the business news. ecause the band has recorded two new songs. they've recorded their first new music since the 1980s. the swedish quartet said the new material was an "unexpected consequence" of their recent decision to put together a "virtual reality" tour. no release date has been set for the new songs but one of them, titled i still have faith in you will be premiered in december on a tv special broadcast by the bbc and nbc. well prince louis arthur charles of cambridge is not the only baby named today. this pair of panda cubs, who live in shanghai wild animal park, have too. they are xuebao, that's the boy, and the bigger one, and qianjin the girl, who is slightly younger. and they've been the star attractions in the park since they were born. it has actually taken the park since october to give them names, because the park had an online campaign to bring in ideas from the public. time for a look at the weather. but not the best start for the week. we have got all this rain with us. you can see this

that's all the business news.tic about the us founding father alexander hamilton that swept the boards. here's our arts editor will gompertz. it was supposed to be hamilton's big night. the rap musical imported from broadway which tells the story of america's founding fathers in a way that's never been told before was in line to win a record—breaking 13 olivier awards. that didn't happen, although with seven oliviers, it was still last night's biggest winner including a best actor in a musical award for giles terera. ijust focused on the man and his life and his circumstances and tried to do that the best i can. all the other stuff is a distraction and i think that paid off. best actor went to bryan cranston for his performance as a news anchorman having a nervous breakdown in network. oh, it's very difficult to be mad as hell when you're holding an olivier. tonight i would like to dedicate this award to the company of network actors and crew who i'm giving a huge hug to tonight and maybe sometime tomorrow, will l

it is really going to keep me busy for the next ten, 20 years. old buildings torn down, new pay more to live here. the work of rebuilding this community is not over, but already, people from more than 100 countries have come here to ask, what makes this work? does it have something to do with the character of this community? is this a model which could go elsewhere? the model built on a partnership, the toronto housing association, and a private developer. so it is possible to do good and make money? absolutely, we doing that every day. he takes me on a tour. so here, you have people from different backgrounds living here, different incomes... altogether, in the same street. yes, all together, in the same street. this is market housing, social housing is down the street will stop thatis housing is down the street will stop that is a success then, a great success. a shout out to canada's leader. this yoga class, a snapshot ofa leader. this yoga class, a snapshot of a diverse society, half the people who live in toronto were born in another country. success is not just about l

now on bbc news all the latest business news live from singapore.k's second biggest supermarket chain, sainsbury‘s, is looking to buy its smaller rival, asda. under the trump administration, many americans are being sent to jail because of unpaid debts, some coming from minor traffic violations. hello and welcome to asia business report, i'm sharanjit leyl. two big mergers to tell you about this monday morning. after years of courtship, america's third and four the biggest wireless providers are finally walking down the aisle. t—mobile is my goal might buy in sprint $46.5 billion t—mobile is my goal might buy in sprint $16.5 billion in stock and it's a victory forjapan‘s of bank, a majority owner in sprint, it's been trying to buy the two telcos for a while but the deal is likely to face heavy scrutiny from regulators —— softbank. sainsbury‘s is hungry for a deal so it's gone shopping for its smaller rival, asda, owned by walmart. they are in an advanced stage of merger talks and should the multibillion—dollar deal go through it would transform brit

but stay with us now because crystal cove is coming up with you and he has all your business news shortly. to accidentally shed some light to get to the truth. stunning time in the field. how can you get out. with code knowing serious. shipped this week on g.w. . philosopher and pop star a doer and despised karl marx icon of communism a man whose ideas changed the world but also divided how room of and is he today and what influence does he have on politics and general culture on his two hundredth birthday karl marx and arts twenty one special and the documentary march into his ears g.w. . it was a disaster that showed the world the gruesome working conditions in the garment industry the collapse of a factory in iran a plaza complex in dhaka killed more than a thousand workers five years on we take a look at some of the pain that all go away and workers at the opel plant in ours and after many face cuts as their new all. when friends tighten the belt. i'm christopher kober and this is the business today marks five years since the rana plaza disaster in bangladesh the collapse of a multi-s

and let's do business germany's biggest bank has a new c.e.o. . this is no time to relax the words of. in a letter published monday with an eye on revenues that touch a bank veteran wants to raise the bar even higher he's called for a return to the hunters mentality in an attempt to get the rank and file excited about changes that could. christian saving knows bank from the inside out the new c.e.o. has spent nearly thirty years there rising from an apprentice to the head of auditing to board member so he knows what he's getting into saving replaces john cryan who took over three years ago the englishman was able to settle numerous legal disputes he downsized the bank's underperforming investment banking division cutting jobs but years of fines and penalties dragged business down. a bank is in a permanent state of crisis under cry and tenure the banks struggled to contain its losses cutting those losses is christian savings top priority and that means he'll have to untangle his predecessor's mistakes most experts think that means deutsche bank wil

stay up—to—date with all the day's business news, as it happens, on the bbc‘s business live page. too. get involved, on the bbc‘s business live web page, at bbc.com/business. on twitter, we are @bbcbusiness. and you can find us on facebook, at bbc money. business live, on tv and online — what you need to know, when you need to know. jane foley, senior currency strategist at rabobank, is joining us again to discuss. we will talk through some of the paper stories and this is a great one we have picked out, in the mirror in the uk. almost 130 premier league stars face at 250 million tax bill. can you talk us to this? vehicle many footballers used to put money into the film industry. you will remember back in the tony blair days there was perhaps a boost to the british film industry and there we re the british film industry and there were tax evasion measures, shall we say, or tax breaks by the government, which have since been reduced. footballers have invested revenue and they are saying, there are no such tax measures anywhere and you have to pay back some of the money you have inv

news. i'll be back with the business briefing in just a few moments. il has ruled that the former president lula da silva must begin serving his 12 year prison sentence for corruption. the decision is a blow for the left—wing leader, who had been considered the favourite for 0ctober‘s presidential election. the case has divided brazil, with big protests for and against lula. it all means he is likely to be sent to prison. what we can do to show you what is being said on our website. . the thing with president lula of course is that he has been hugely popular with the brazilian people over the yea rs, with the brazilian people over the years, in terms of the amount of money he has spent on the poor and the amount of money he has spent trying to pump up the brazilian economy. however, these charges now mean that if he does go to prison, which is looking extremely likely, he will not be able to run for the presidential election in february and that does complicate things. do go to our website for more on that story. let's return to our main story this hour

you're watching a business. news rather than business is coming up next we'll have more world news for you at the in the meantime don't forget you can always get the latest updates from our website www dot com. accidentally shat some. trolls. time in the field to. get out. with. ellen see. this week on t.w. . freedom of expression. a value that a ways has to be defended a new. over the world. of freedom freedom of art. a multimedia project about artists and their right to express their views freely. d w dot com to freedom. the french president manuel mccall is touting something akin to a european union relaunch on tuesday he laid out his vision to the european parliament he wants the euro zone to have its own budget to be administered by its own finance minister he also wants higher taxes for internet companies and accelerate the introduction of e.u. wide intellectual property law. now i phone didn't use the reform of the economic and monetary union as an indispensable third front before the end of this european parl

you're with business live from bbc news.fertiliser and fuel — went up twice the rate of inflation for the past two quarters. that's combined that with the late spring, leading to tough times for farmers. 0ur correspondent ben thompson has been in salisbury — at the farm of the new head of the nfu — to find out more. you are looking very casual, but you still look good! you wearing designer wellington boots? it's a glorious morning here but not so much the case for the winter, called and wet for most farmers, most keeping their livestock inside for most of the year, meaning a log more costs. i am most of the year, meaning a log more costs. iam here most of the year, meaning a log more costs. i am here with menet, the new head of the national farmers union. we represent hundreds of thousands of farmers across the country, it doesn't matter where you are forming, it's been such a challenging winter, we are seeing the grass with green shoots, the trees are not out, feed costs much higher, animals being kept in for much longer, w

the business news soon some news to me is news to. you so the buttons to some smooching to some new news to mr. one thought. all gone. world of the. bomb the off one will. all. the plan and i just didn't want to do not. charge for congress congress which borger cornered your camera watched them yet the first glance showed a good man on the verge of a delicate subject with the best interest because the irish church congress. for sure charles your credit card. debt. was. plenty good at first easter bunny credit cards. going up in jeopardy. on being abandoned mr blankenhorn against the tribunal i worked. on been. in. so. hot hot. hot tired tough. the ha. ha ha ha ha ha ha is a zero. liz's police announced. the suspects just. help. them. out but it was. this was just. a note to test not just you know it's the most going in with the most new flood the dream where she envisioned a mash talk. of the start of the digital age when you four times you know it's the thing to look at and this is. the worst. of the world for us of her and we confir

in the business news...ffice for national statistics. the current budget — the amount the government spends on running the country — is actually slightly in surplus as tax receipts are at record levels with high numbers in employment. but total public debt as a percentage of gdp edged up to 86.3%. in cash terms, it stands at £1.798 trillion. the boss of tsb has apologised for its it fiasco amid rising customer fury as the crisis continues for a fourth day. paul pester said he was "deeply sorry". he said the bank is now taking down mobile and online banking for a few hours, and hope to be back up this afternoon — we'll keep you updated. vodafone has been rated the worst mobile phone provider for the seventh year running in an annual customer survey by consumer lobby group which?. the other leading providers, ee, 02 and three, also scored badly, with servicejudged "average" and "disappointing". of the small providers, utility warehouse ranked highest for value for money, incentives and customer service. on the

us we'll have more business news which is up next. more world news at the top of the intellect. learn german with w. . any time any place. with or with jo jo and her friends. it's going to be. mr spitzer she juggles a war with friends all over the world. online and interactive. german to go. learn german for three d. w. . will hold still if he's come in may first full tyrus could apply. to the u.s. if no trade agreement is reached i want to go. all the way to washington she saved the day. chargeable investment of the world trade criticism is mounting over china's nine hundred billion dollar new silk road project. also on the show the european central bank voids rocking the boat by doing nothing while economic storm clouds gather on the horizon. and it's yellow it's iconic and it's very expensive and i don't mean the fair price the price for a license to operate one of new york's famous yellow cabs has kept drivers taking to the streets. this is did of your business live from berlin and get out of us confusion reigns over the use plans to extend their tariff exemptions from the u