Plenty more on bbc. Com. You can reach me on social media. Now on bbc news, live to singapore for Asia Business report. Hong kong airport protest. Authorities restore services as demonstrators continue to target terminals. Will flying cars take off . Its been the pipedream of inventors for more than a century. Will it ever become reality . Good morning asia. Hello, world its tuesday, great to be back and thanks forjoining us for this edition of Asia Business report, im rico hizon in singapore and we start in hong kong. The main airport in the city remains the focal point of pro democracy demonstrations as Authorities Say operations have resumed this morning. Yesterday afternoon all passenger flights were cancelled as thousands of processes converged on terminals. Earlier i asked Frank Mcmahon from the Fraser Institute how much the protests will impact hong kongs economy. Its potentially disastrous for both. Its tremendously important that the airport get open again. Sadly, this is also
For its ipo this week. Plus, election surprise. Argentinas primary results. But, is it spreading to a robust tech startup scene . Icahn wields influence. What he has agreed to. Our top story. The theme of big tech is hitting the public market. Wework is planning to make public its prospectus for an ipo this week. T said in april it had filed paperwork confidentially. We are joined by two guests. Ellen, as we await the prospectus, what are the key bullet points you are looking for . Llen everyone will be looking to see the Financial Performance of wework. Nprofitable. It is a company that spends a lot of money to grow very quickly. I think people are concerned that the Business Model cant tand a downturn. Taylor ellen talks about the financials behind this company. What do you make of the valuations here . Barry i think ellen is spot on, people will be looking through it to get the numbers and figure out the valuation. Last valuation is based off of softbanks investment back in january.
Turn. Oil gains for the first time this week after saudi arabia signals export curbs curbs stabilize prices. Shery lets get a quick check on how markets performed. We see u. S. Futures under pressure right now, down. 3 . We just got the news that the white house has halted temporary licenses to sell to huawei. That is putting pressure on the market, dampening Investor Sentiment after a strong day on the markets here on thursday. We saw the s p 500 gain the most in two months. Was in the green actually managing to erase the losses we saw earlier in the week. We saw tech and Energy Leading the gains. The nasdaq up for a third consecutive session, up 2. 25 percent. Energy was also up in the session as we had oil gained ground. We heard saudi arabia was contacting other producers in order to find a solution to stem declining prices as trade tensions continue between the u. S. And china. We are seeing u. S. Futures rapidly declining at the open on the latest news on wally huawei. Lets see h
Watering 5 billion. The implications of unrest, weeks of protest and hong kong. The effect on the citys top names. Shery we are seeing pictures being pressured down half a percent on that news that the white house is halting any licenses for businesses to work. Ith hallway huawei this after a stellar performance. Green. Ector was in the the s p 500 was able to erase this weeks loss. Nasdaq two and a quarter percent. The Energy Sector leading those rises, gaining ground with news that saudi arabia was in touch orbital in and order to slow the decline. Lily catching the eye of investors. Lets see how we are shaping up in asia. Pointing to a mixed open. Futures down almost. 5 , but in sydney, seeing a little bit of positivity. That sentiment is strongerthanexpected and it was shortlived. Bloomberg reporting that the u. S. Is planning to publish that final list in chinese imports. They plan to hit with tariffs this week or early next. Reporting the white house is holding off the decision o
We and higher fuel costs. Will we and higherfuel costs. Will have we and higher fuel costs. Will have the details. We and higherfuel costs. Will have the details. Europe markets we will have the details. European markets look like this at the start ofa markets look like this at the start of a big week, another big week for European Central bank, will have details on what is moving those numbers. And sweating it for the planet well meet one company thats making activewearfrom recycled plastic bottles. And today we want to know about your morning routine. From resisting the Snooze Button to preparing meals the night before what are your top tips for a calm start to the day . Let us know just use the hashtag bbcbizlive keep it clean a calm and relaxing start to the day, certainly not working here keep those comments coming in. Well run you through some of the safe ones a little later. But we start the programme with this. We start with the trade war between the us and china, which is perh