Now on bbc news, all the latest Business News live from singapore. Amazon and apple get slapped with hundreds of millions of dollars in back taxes by the European Commission. And our tech reporter gets his hands on googles latest smart phone and finds out if it has what it takes to compete with the iphone. Good morning, asia, hello, world. Welcome to Asia Business report. Im rico hizon. The European Union has launched a fresh crackdown over taxes paid by Technology Giants amazon and apple. Amazon has been ordered to repay more than 290 million in back taxes after european regulators that it was given an unfair tax deal regulators that it was given an unfairtax deal in regulators that it was given an unfair tax deal in luxembourg. The European Commission also plans to ta ke European Commission also plans to take island to court over its failure to collect billions of dollars of back taxes from apple. Ireland. Lets find out more on this. The European Commission is really busy but what do
Afghanistans president ashraf ghani has told the bbc that a corner has been turned and the security situation in his country is improving. Now its time for World Business report. Catalan catastrophe looms for spain as it risks the loss of a 200 billion euro economy and a quarter of its exports and tourists. Plus its a giant of the internet but a minnow in the world of mobile phones. Can googles new pixel device change that . We take a closer look. Welcome to World Business report. Im sally bundock. Also coming up Business Leaders are gathering in delhi for the World Economic forum well be going live to our correspondent there. But first. We start in spain where the region of catalonia is threatening to declare independence on monday, after holding its banned referendum at the weekend. Behind the push for independence is among other things the feeling among many catalans the region doesnt get a fair deal given its huge economic importance to spain. So how important is it . Catalonias ec
In sport, wales take a big step towards next yea rs world cup. And they could still win their group, after tom laurences wonder goal in georgia. Stargazers are in for a treat this weekend with the annual draconid meteor shower set to light up our skies. Well find out the best ways to spot them. And sarah has the weather. Good morning. It is a fairly cloudy, breezy day today with some outbreaks of rain but some of us should see a bit more sunshine tomorrow. I will bring you will all the details in 15 minutes. Good morning. First our main story. The leader of the scottish conservatives, ruth davidson, has become the latest senior figure to rally round the Prime Minister telling her critics to put up, or shut up. Her intervention came after cabinet members rebuked the former party chairman, grant shapps, after he revealed around 30 mps wanted a leadership contest. Ms davidson is viewed by some as a potential contender to lead the party in westminster. Our Political Correspondent iain wats
For a record eighth time. And sarah has the weather. Good morning. Well, today is the better day of the weekend for most places. Sunny spells, just a few showers towards the north and the west. I will bring you a full forecast throughout the programme. Good morning. First, our main story Hurricane Nate has hit the united states, causing torrential rain and powerful winds. People in parts of mississippi, alabama, florida and louisiana have been ordered to evacuate their homes. The storm has already caused major damage to several Central American countries, leaving at least 25 people dead, before hitting the us as a category one hurricane. Luxmy gopal reports. They watched it approach, and now it is here. The us facing the full force of Hurricane Nate, winds of up to 150km h and a storm surges. It has hit the gulf coast of the states as torrential rain and flooding in parts of mississippi, alabama, florida and louisiana, where people have been ordered to evacuate. The central americas al
Streak. That would be the longest one of the year. The major averages are now on pace for a fourth straight weekly drop. A lot of wild swings in the market, but its continue to go raise questions about the Federal Reserves next move. Comments from st. Louis fed president jim bullard, who we talk to regularly on this program, suggesting the Central Banks should consider its taper. Thats been fueling some stock buying. I heard a guy say that on this show the other day. His initials are j. K. , i think. What about liesman . Liesman would be balder today. But he hes not real slick, but he did not take he was smart enough not to he was thinks like six months from now, a year. Next day. Next day. I wasnt going to say this because weve got headlines to get to, but in the old days, there was this funny cartoon that said the market sold off early in the morning when it was noted that an asteroid would destroy the earth on saturday, but rallied at 10 after the money supply came in lower than spe