Now on bbc news, all the latest Business News live from singapore investors are loving it. Donald trump sells a 2 billion stake in his trainees operations. And we take a look at whether it will be smooth sailing or choppy waters for the Cruise Ship Industry in 2017. Good morning, asia. Hello, world. Im rico hizon. Welcome to Asia Business report. Its a tuesday. Glad you could join us. We start off with the fast food giant mcdonalds and its decision to sell a controlling stake in its business in china and hong kong, a sign of another company admitting they need help in this huge and unique market. In a 2 billion deal, the Chinese State owned Conglomerate Civic will take a sta ke. Owned Conglomerate Civic will take a stake. Coni group will take a 28 sta ke. Stake. Coni group will take a 28 stake. Mcdonalds will be holding on to the remaining 20 . Earlier, i spoke to someone and ask them if the sale is a good move for mcdonalds . This will help them a lot. If you look at how mcdonalds has
Recordhighs. Goldman, nike, cat, chevron, jp, having the most impact today. President trump came out, talked about that well have a tax plan in two or three weeks. That will be good to see. And heres what you have to say about President Trump. Hes lived up to everything he has said. I think theres been a major turn in that he could have gone after the chinese, but he didnt. So he sent a letter, and so then that gives, i would say, some respect for in terms of how hes dealt with his counterparts. You think thats in part for the gain today, along with his comment hes going to get to taxes in a couple of weeks. Hes going to have something on taxes in a couple weeks. Yeah, i think were on the same show. I just said that, right . Hes going to do taxes. Lets listen to it. Were going to be announcing something i would say over the next two or three weeks that will be phenomenal in terms of tax. Yeah, so its going to be half the things you say go in one ear and out the other when it comes to m
Watergate, clear evidence there was evidence to save Hillary Clintons candidacy and clear evidence of gross media bias. Journalists have begin 400,000 to president ial campaign, almost all given to hillary, the media fix is in. Wait, theres more. On tape, we have Top Democrats conspiring to incite violence at a trump rally. On tape, wife melania tells husband donald to keep calm at tomorrows debate, and on tape, a white Police Officer takes a beating. She was worried about Media Attention if she drew her gun. You will see it all. Varney company is about to beg begin. Has netflix had its dayments its had its day because of diversification in the market. Stuart has netflix had its day . You know is netflix a thing of the past . Ooh, theres a question. Im awfully story, folks, you could say i really got that one wrong, could you not . What a difference 24 hours does make. [laughter] today far from being a thing of the past, netflix is going to go up 20 . It will go from 99 at the close, t
Fed kicking off. The worlds most valuable company set to give earnings after the close. We will set up everything you need to know. When it comes to the markets, and ethics story all the way. Low rates river is where the smart rates has been for the last couple of years. In the fx market, weaker pound, stronger yen. Stronger by 1. 36 against the dollar. As the helicopter money fades ahead of the doj decision on the friday. The weaker pound story means a stronger dollar story as well as we carry the last couple of weeks over in the fx market. That stronger market means the brand is down another. 7 , the wti down. Yields coming in to touch, and by two basis points on the 30 year yield. Your yield is 2. 264 on the u. S. 30 year. Alix breaking news. Verizon now with earnings right now. It looks like a beat on the top line bottom line coming in at . 94 a share. Operating revenue coming in light at 30. 5 billion. The Company Buying yahoo . That 4. 8 billion. One number that was really intere
Grown gdpwise 5 per year since 2000. Violent extremism is amongst the major risks to economies in part of africa. Tunisias gdp gross has been cut from 3 to 1 . Chads gdp contracted 1 in 2015 from a growth of 5 in 2014. And countries like kenya and nigeria saw a reduction of 25 of tourism following terrorist attacks. We in undp estimate that at least 33,000 people have died on african soils since 2011 as victims of violent extremism. And 6 million are currently internally displaced due to radicalization. Mr. Chairman, over the last two years undp has held a number of consultations, conducted a series of studies and commissioned research to better understand the violent extremism scourge in africa. These various studies and research converge in showing three major findings. One, while the drivers of radicalization are multifaceted and defy easy analysis, their major roots are to be found in the combination of poverty and low human development, a sense of economic and political exclusion