korean owned businesses in china to shut down china is the north's main trading partner the commerce ministry in beijing says the businesses must close within one hundred twenty days of the last round of u.n. sanctions imposed earlier this month ordered after the north defied previous sanctions and detonated another nuclear bomb test and launched ballistic missiles. a fleet of u.s. navy ships packed with personnel and aid has been sent to hurricane hit puerto rico food and water supplies are running low and three million islanders are still without power eight days after hurricane maria devastated the u.s. territory there is a ball reports from the caribbean island. even then cool is still trying to recover her belongings from the damages caused by hurricane my dear she lives in san juan puerto rico's capital because having only see her i didn't want to leave my house when the hurricane came i stayed inside with my two sons and tried to protect the little we had just like in the rest of the capital in this neighborhood there is still no water or electricity and this is one of the front ones p

on trade and a transition period there's a look at news in brief now around the world china's commerce ministry says all north korean companies operating in china have to leave the country by january the moves part of the latest round of un sanctions against north korea for its nuclear program. place in kenya have used tear gas to disperse protesters outside the country's election commission had quarters the opposition is threatening to boycott next month's rerun of the presidential vote which is run by the incumbent president who will kenyatta supreme court subsequently notified the result. and appall hindu priests have selected a three year old girl as the country's new living goddess it's a centuries old tradition in nepal to anoint a young girl for worship shall now remain in a palace in the center of the capital katmandu until she reaches puberty. and germany's biggest soccer club barry minhinnick sacked their coach carlo on chalabi italian won the bundesliga title last season but this isn't he has overseen a series of lackluster displays a humiliating defeat against trees on your man last

the united nations security council on saturday a statement appeared on the website of china's commerce ministry it said that as of now china was no longer importing textiles from north korea textiles have been until now an important source of hard currency for the regime also as of saturday china is no longer exploiting things like liquefied natural gas as well as condensate all while and significantly china is going to limit the amount of oil that it exports to north korea those exports will be capped at two hundred million barrels a year now last month of course china agreed to other wide ranging sanctions against north korea it's no longer importing things like coal iron ore and seafood on friday president donald trump once more praised china's leaders for the fact that he says china's banks have shut the door on north korea even though less than twenty four hours earlier china's foreign ministry said that wasn't necessarily the case but this was what president trump had to say i made a friend in china president xi and yesterday he basically took the banking industry away from north korea ne

north korean owned businesses and china to shut down china is the north main trading partner the commerce ministry in beijing says the businesses must close within one hundred twenty days the last round of u.n. sanctions imposed earlier this month those are the headlines the news continues after the street. on october the first catalonia plans to hold an independence referendum yet the central government insists it's unconstitutional and the courts have judged it illegal as the state clamps down and catalans take to the streets where will this crisis and watch al-jazeera for the latest. hi emily could be it's one of the richest countries in the world yet ireland has what campaigners are calling a homelessness crisis and it's getting worse and ending and you're in the stream live on al-jazeera and you tube in january we had an overwhelming online response to a show we did on this issue take a look. at the housing crisis in our own does without it does reach to the urgency level and the public house i think is an expression of the social movement arising in ireland for the right to housing i mean li

that it continues to fully implement united nations sanctions against north korea on friday the commerce ministry here in china confirmed that it was now are going to shut down north korean businesses here in china within the next three months that also goes for china north korea joint ventures and starting from october the first china is going to be limiting the amount of oil it pumps across the border into north korea so in a strange way the issue of north korea may actually have brought china and the united states closer together. now the u.s. health secretary has quit over a controversy involving his use of at least four hundred thousand dollars of taxpayers' money on private jets tom price had been president trump's choice to lead the movement to repeal obamacare the white house has promised to crackdown on other officials bypassing commercial flights for the far more expensive option i'll official now from washington. tom price may have gotten his annual flu jab but he couldn't protect himself from the president's anger donald trump give a broad hint the health and human services secretary

latest round of un sanctions against the north for its nuclear and missile programs china's commerce ministry made the announcement on thursday it also defended china's recent imports of north korean coal which are banned under the un agreements by claiming they fell within a grace period for the sanctions implementation. now insurance companies might soon have to offer special coverage for donkey damage in germany the owner of the sports car the sports car here his shiny mclaren he parked it near a donkey's field there you can see the car now the animal that was grazing there decided to take a bite out of the car but leave it on not to police believe the donkey had mistaken the expensive race car for a giant carrot damage the paint a german court has now ordered the donkey owner to only five thousand eight hundred you. yes i'm probably thinking the same thing you are but the donkey wasn't available for comment apparently no i don't even know what to say to that apparently it's what you get if you buy a hideous aren't sports car or you think you have to get red but it's a really ugly red car

united nations security council so on saturday a statement appeared on the website of china's commerce ministry saying that as of now china was no longer importing textiles from north korea those textiles of course provide a vital source of hard currency for the regime and also as of saturday china was no longer exporting things like liquefied natural gas to china and it was going to cap the amount of oil that it pumps across the border to the north that will now be capped at some two hundred million barrels a year now we don't know actually how much oil china actually gives sells to north korea because there's no official data on that but one figure i've seen reported a lot is that the amount is around about six hundred million barrels a year so if china is now capping it at two hundred million barrels then that could potentially have you know a dramatic effect on the economy but as i say china wants to ensure that it does nothing that adds to the suffering of north korean people also of course here in china the foreign ministry of friday has been reacting to president donald trump's pronounce

state all that they're doing to fully implement sanctions against north korea on friday the commerce ministry confirmed that all north korean businesses in china would have to cease operations within three months that also goes for chinese north korean joint ventures and starting from october the first china is also going to be limiting the amount of oil that it pumps across the border to north korea but i think what rex tillerson wants to get is really an assurance that china will continue to fully implement sanctions against north korea and that there'll be no backsliding as they suspect there has been in the past and what sort of atmosphere do you think there are before to listeners meetings given as you say the current tensions between china and the us of a north korea and also trade of course. well i think the chinese leaders like dealing with diplomats like rex tillerson he's very measured in his language he's quiet they quite like his muted response the way that he behaves it's a marked contrast of course to the way donald trump behaves he prefers to do diplomacy via twitter that's not

the commerce ministry said china will limit those supplies of refined petroleum products.an imports of north korean textiles. china has been north korea's only ally but the country has been expressing frustration with the government of kim jong un. >>> de lawmakers have one week from today to come up with a revised plan for the healthcare bill. this comes as senator john mccain says he won't back the latest gop effort to repeal obamacare because he thinks republicans and democrats could come up with something better if they only work together. he said he can't back it without knowing its impact on insurance coverage and premiums. >>> done president trump -- president donald trump took to weather antwitter and said johnn campaigned on repeal and replace. let arizona down. lawmakers only have until next saturday to get this bill through the house and senate. >>> now later today, mirrors lady mel melania trump mrs. trump is scheduled to meet with england's prince harry who founded the invictus games in 2014. she's meeting will canadian prime minister justin trudeau and will d

governments take to try to curtail business activities overseas they cried protectionism the commerce ministryxpressed concerns saying we believe conducting a security review for an investment deal in sensitive sect is a country's legal right but should not become a tool to promote protectionism. we hope the relevant country can see such form business activities fairly and objectively. the press went one step further with the idea that china is the one being played unfair over here the communist party paper, the global times, pointed out in an editorial that china is not even in the top ten when it comes to foreign direct investment compared to the uk, japan, or germany. instead they also pointed out that nearly one quarter of cfis cases involve chinese cases. cfis is the committee that reviews the foreign investments. the paper went on saying it is disturbing to see the u.s. plans to expand cfis reviews of chinese investment in other so called sensitive technologies such as artificial intelligence and said as more chinese companies seek to invest abroad the u.s. may lose an opportunity if it

the united nations security council on saturday a statement appeared on the website of china's commerce ministry saying that as of now saturday china was no longer importing textiles from north korea as you pointed out rightly textiles have been a very important source of hard currency for the regime also as of now china is no longer exploiting things like liquefied natural gas but it's the i think the fact that it's no longer going to be exporting oil in quite the quantities that it did that it's really the the sort of headline item me and of course no longer importing textiles from from north korea is going to hurt revenue as well now last month china agreed to other wide ranging sanctions against north korea it said they would no longer import things like coal iron ore and seafood so yes the onus is on china once more and of course as we've said many times before ninety percent of the north's trade is with china. so adrian president trump has said that china has cut off banking with north korea. it's seems that perhaps something he's not quite telling the truth on can you kind of clarify it f

this weekend and there weren't too many big surprises with her elevation after steering the commerce ministryf years. some people as a surprise because india does not have too many trade gains to brag about, so getting a motion e agendangling trad struck some is undeserved. rishaad: one comment coming through that she is being rooted rewarded for failure. she can't just sit back and do nothing. withas an armed forces aging when it comes to equipment, large as well, and tensions with the neighbors here i. it is the second biggest military in the world, a sprawling a ministry infamous for being bureaucratic and extremely slow or curing new equipment for the armed forces. woulde situations, that be fine, but india has the border with pakistan and is running into order disputes with china and has several active insurgencies inside the country from the east and northeast of the country where there is effectively marshal law in kashmir, where there is an filtration of terrorists, so you have a lot of serious security issues simmering in india, and india just result an acrimonious border dispute wit

and today, the commerce ministry responded to a question on whether or not china would consider takingt in an oil embargo. they said we will continue to deal with north korea trade issues in a manner that benefits the denuclearization of the korean peninsula and beneficial to peace and stability, so no change and reluctance to take part in any part that cuts off oil. >> is that the key point in terms of hitting them hard in the short-term, cutting off their energy supply? they have total energy dependency on others >> they have major energy dependence on china. china said before that it doesn't believe that an oil embargo or cutting off the oil supply will ultimately achieve the goal of denuclearization on the korean peninsula we have seen that over and over again in the chinese state press, they say that if this were to happen, then there could be an even bigger confrontation between china and north korea that would, according to the global times, transcend a conflict between the u.s. and north korea. the state press has been saying over here that would not be within china's interests

the united nations security council on saturday a statement appeared on the website of china's commerce ministry it said that as of now china was no longer importing textiles from north korea textiles have been until now an important source of hard currency for the regime also as of saturday china is no longer export ing things like liquefied natural gas as well as condensate oil and significantly china is going to limit the amount of oil that it exports to north korea those exports will be capped at two hundred million barrels a year now last month of course china agreed to other wide ranging sanctions against north korea it's no longer importing things like coal iron ore and seafood on friday president donald trump once more praised china's leaders for the fact that he says china's banks have shut the door on north korea even though less than twenty four hours earlier china's foreign ministry said that wasn't necessarily the case but this was what president trump had to say i made a friend in china president xi and yesterday he basically took the banking industry away from north korea or whate

the united nations security council on saturday a statement appeared on the website of china's commerce ministry it said that as of now china was no longer importing textiles from north korea textiles have been until now an important source of hard currency for the regime also as of saturday china is no longer export ing things like liquefied natural gas as well as condensate or oil and significantly china is going to limit the amount of oil that it exports to north korea those exports will be capped at two hundred million barrels a year now last month of course china agreed to other wide ranging sanctions against north korea it's no longer importing things like coal iron ore and seafood on friday president donald trump once more praised china's leaders for the fact that he says china's banks have shut the door on north korea even though less than twenty four hours earlier china's foreign ministry said that wasn't necessarily the case but this was what president trump had to say i made a friend in china president xi and yesterday he basically took the banking industry away from north korea or wh

the chinese commerce ministry said north korean companies and joint ventures will have 120 days to comply. the sanctions aim to halt pyongyang's weapons development by isolating it from trading partners, mainly, china. the leader of the islamic state has apparently been heard from, three months after russian officials said they killed him in an air strike in syria. the militant group released an audio recording today, said to be abu bakr al-baghdadi. he urged followers to keep waging war in the face of military losses across iraq and syria. >> ( translated ): beware of retreat or feeling defeat, beware of negotiations or surrender. do not lay down your arms for islam rises above everything and a believer does not humiliate oneself, for god has blessed them with unification and jihad. >> woodruff: the recording also urged isis militants to target what it called "media centers of the infidels." the world health organization is warning that nearly half of all abortions worldwide, some 25 million, are done in unsafe conditions. the u.n. health agency blames limited contraception and safe abor

china's commerce ministry just announced businesses in that country operating with north korea have 120 days to close. china also announced it will reduce energy and text tile trade. that prompted president trump to publicly applaud chinese president trump xi for his actio actions. there are critics that point to china being north korea's top trading partner and those u.n. security council sanctions that china did support, it and russia worked together to water those measures down. there are those at the state department are saying china can do a lot more when it comes to north korea and that will be part of the conversations the secretary will have with his weekend trip to beijing. chinese, they're saying they want the united states and north korea to cool it with the rhetoric. they're all saying they want both countries to avoid any type of military conflict in that region and on their border. sandra? >> sandra: briefing there set to begin any moment. thank you. meanwhile, we are awaiting the white house press briefing. tax reform is gaining traction on capitol hill. it will likely be

china's commerce ministry has said that all north korean companies operating in china must leave the country by january the move is part of the latest round of un sanctions against north korea for its nuclear and missile programs. the so-called islamic state group has released an audio recording of its leader abu box you're all bug daddy and if he says he will continue to fight despite recent setbacks of a doubt he had been thought to be dead with his last recording released last year the u.s. says as has no reason to doubt the recording is authentic. online days after tropical storm maria hit puerto rico u.s. president dollar trump has promised to speed up relief efforts for the caribbean island meanwhile the situation on the ground remains chaotic many residents still have no access to food fuel or water they face long lines in front of distribution centers other parts of the island have been completely isolated after the storm damaged streets and bridges. their views carolina chinoy spoke with the only puerto rican delegate in the u.s. house of representatives about the situation

it cried protectionism the commerce ministry expressed its concern saying "we believe conducting a security review for investment deal and sensitive sectors is a country's legal right but it should not become a tool to promote protectionism. we hope the relevant country, the u.s. in this case, can see such normal business activities objectively and fairly and provide fair treatment." the state press went one step further with the idea that china is the one being treated unfairly the communist party paper the global times pointed out in an editorial that china is not in the top ten compared to the uk, japan or germany when it comes to foreign direct investment in the u.s. but that nearly one quarter of the cases involve chinese companies. eunice yoon, cnbc business news, beijing >>> our next guest says he's not surprised by trump and the decision here's to explain why is mario mancuso. mario, good to have you here. >> good to be here. >> why weren't you surprised >> i'm not surprised at all. i don't think the decision marks a turning point but i think it's illustrative of where we're at in t

well the announcement significantly or not was made on saturday by china's ministry of commerce they issued a statement on their website basically saying that china was now implementing what it had to agree to at the united nations last month that means that as of now china is no longer importing textiles from north korea that's significant because textiles are a very important source of hard currency for the regime it also says that as of now china is no longer exporting products like condensate oil as well as liquid natural gas now again these are very important for north korea but more importantly china is going to significantly limit the amount of oil that it exports to north korea that is going to be capped at two million barrels now we have no data or actually for actually how much oil china exports to north korea it's thought to be about six million barrels so cutting it by two million barrels is i think pretty pretty significant china of course last month agreed to other wide ranging sanctions it's no longer importing coal iron ore or seafood from north korea and of course on

the ministry of commerce was ordered to close by the new year.onprofit organizations will be unaffected. u.s. secretary of state rex tillerson will fly to beijing for talks ahead of president's visit in november. toshiba has filed a final agreement to sell the chip unit for $18 billion. the consortium includes apple, dell, and another company while toshiba will maintain a stake. toshiba's estranged chip partner western gendered -- western digital -- the chief eu brexit negotiators say it could be months before the size lunch trade talks -- launch trade talks. london still has not put a figure on what it will pay to leave the block, and there is another agreement on the role of the european court of justice. >> we are far from being at a stage, and it will take weeks or maybe months where we will be able to say yes, there has been sufficient progress on the principles of this withdrawal. paul: the un's secretary-general says the plight of muslim refugees from myanmar has become a human rights nightmare. more than half a million people have fled an

a spokesperson for china's ministry of commerce says the u.s.be objective, and security checks should not be used as a "protectionist tool." that is your latest bloomberg business flash. chinese government is cracking down on financial risk, and bitcoin is on the block. the pan to ban the trading of bitcoin and virtual currencies, which bloomberg reported monday, has sent their stock down for a fifth straight day. .t's bring in joe weisenthal this is the longest losing streak in more than a year. is it the beginning of the end? had antcoin has incredible year. every few months or years, there is something else about china cracking down. today, it seemed to gain new urgency after one of the major exchanges said it was going to halt trading at the end of the month. obviously, bitcoin has been following -- falling even ahead of the announcement. shery: what caused the turn in sentiment? it was flying high. abigail: classically speaking, one of the reasons people were bullish on bitcoin was that it could circumvent capital controls, which obviously

a spokesperson for china's ministry of commerce that the u.s.nd check should not be used as a protectionist tool. had tors to toys "r" us scale back shipments as it struggles to refinance debt and avoid bankruptcy. according to people with knowledge of the matter, they have been in talks with lenders over a new loan that would allow the country -- the company to continue offering through bankruptcy proceeding. that is your business flash update. coming up, what you need to know to gear up ♪ for tomorrow's trading day. this is bloomberg. ♪ scarlet: the dow climbing to another record high. joe: the central bank of russia is announcing its race decision tomorrow and the s&p ratings will be updating. sales 8:30 retail a.m. eastern. scarlet: rajoy's in the new mercedes-benz. mercedes-benz. joe: so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why com

first, it was made by the chinese commerce minister, one of the more powerful ministries run by the chinese something and they give a deadline, you have to pay attention. it's quite significant announcement, not giving a lot of loopholes to allow north korean companies to continue to operate. this will make it more difficult for north korean businesspeople to take money in and out of the country, north korea. it'll make it easier for chinese banks to freeze more north korean accounts. it will help sanctions already in place. key to this is the fact that joint ventures between china and north korea will between china and north korea will be forced to shut down, forcing the chinese economy to take a hit. it'll show beijing is willing to suffer and inflict pain on itself to carry on sanctions to punish north korea. it's really important because china has been under a lot of criticism for years, has been under a lot of criticism for yea rs, really. has been under a lot of criticism foryears, really. criticism from the united states and other countries around the world, who say china is unfairly

china's ministry of commerce says it is concern and that the u.s.d create a fair and transparent business environment. russia's efforts to influence u.s. voters through social media is the focus of robert mueller's investigation into the 2016 election. according to one u.s. official familiar with the matter, his team is soaring in on how russia's spread fake information to the media. it is looking for additional evidence from facebook and twitter. saudi arabia is preparing contingency plans for a possible delay to the ipo of its state owned oil company. aramcosting of saudi may slip into 2019. it may not make an announcement until next month at a conference. global news powered by 2700 journalists and 120 countries. this is bloomberg. francine: thank you. is 40 years old and remains controlled by the family. the italian company holding company has a wide range of interest across sectors including media and health care and financial services. it controls the publisher of newspapers, including manufacturers automobile parts for some of the world's big

china's commerce ministry has said that all north korean companies operating in the country must leave by january the move is part of the latest round of un sanctions against north korea for its nuclear and missile programs beijing also defended china's recent imports of north korean coal which is banned under the sanctions by saying there's a grace period for their implementation. called islamic state has released an audio recording it claims is from its leader. in it he says he will continue to fight just by recent setbacks that he had been rumored to be dead this most recent recording released last year u.s. officials say they're working to verify the authenticity of the message. best to get close to the top. finding out who ordered the brigade of millions of vehicles. also coming out.

china's commerce ministry has said that all north korean companies operating in the country must leave by january the move is part of the latest round of un sanctions against north korea for its nuclear and missile programs beijing also defended china's recent imports of north korean call which is banned under the sanctions by saying there's a grace period for their implementation. in a speech to students at the london school of economics the lead breaks it negotiated for the european parliament has poked fun at british prime minister to resign my. dad quipped that she gave her brakes at speech in florence because she was familiar with the city's fifteenth century politics of betrayal you know backstabbing be noble families fighting for power and so on and so on and so he said breaks it was a waste of time and energy but was also a failure on behalf of the european union. the government of uganda has banned live broadcasts of parliamentary debate after fist fights and chair throwing a rep to twice this week opposition lawmakers had confronted ruling party members who want to raise the

china's commerce ministry has said that all north korean companies operating in the country must leave by january the move is part of the latest round of un sanctions against north korea for its nuclear and missile programs. childrens of students and fire fighters of held pro cattle and referendum demonstrations in barcelona the matches were protesting against the federal government's measures to stop sunday's referendum on catalan independence kind of lonely as president met spanish government representatives to discuss the policing of the vote spanish authorities have declared the poll illegal and say they'll deploy ten thousand extra police to seal voting places. investigators get closer and closer to the top of scandal ridden. finding out who ordered the rigging of millions of vehicles. also coming up why and nosedive as investors come to terms with the.

china's commerce ministry has said that all north korean companies operating in the country must leave by january the move is part of the latest round of un sanctions against north korea for its nuclear and missile programs beijing also defended china's recent imports of north korean call which is banned under the sanctions by saying there's a grace period for their implementation. munich are parting ways with coach carlo and following a crisis meeting at the club the fifty eight year old italian joined the bundesliga champions in two thousand and sixteen winning the title in his first year. angelo de is a three time champions league winner but recent lackluster performances culminating in a bitter loss to paddy sanjay a man in the champions league spurred byron to make the move with lisa will take over as caretaker coach. the government of uganda has banned live broadcasts of parliamentary debate after fist fights and chair throwing a rep to twice this week opposition lawmakers had confronted ruling party members who want to raise the presidential age limit the bill would allow sevent