where rejep tayyip erdowan is beginning another five year term as president, after securing more than 50% of the votes in the run off election over the weekend. it s the first run off ever seen in a turkish presidential election. there were joyous scenes on the streets of istanbul and ankara as mr erdogan celebrated with his supporters after winning around 52% of the vote. thousands gathered on the streets, waving flags and singing songs. erdogan gave a victory speech in front of the crowds gathering at the presidential palace in the capital. he spoke about stability and prosperity, building stronger economy and leaving disputes behind. our senior international correspondent, orla guerin, reports from the turkish capital ankara. the recep tayyip erdogan juggernaut rolls on. and tonight in the turkish capital, the streets belong to his supporters, who have stuck with him through thick and thin and hyperinflation. translation: we are blessed that our president is leading us a
forget, they have been going up and up forget, they have been going up and upfor forget, they have been going up and up for days it would seem. we will talk you through the winners and the losers. we ll meet the man who bought a failing factory and turned into a thriving business feeding babies around the world. plus a new device has been launched to muzzle noisy phone calls in the office. what most distracts you at work? it is called a hushmie and it can t be used by presenters i m told! in the last few hours we ve heard president obama s farewell speech with just over a week left in charge of the world s biggest economy. today his successor donald trump will give a long awaited press conference, his first since winning the white house in november. there are still questions about how he will separate himself from his vast business interests. in his latest disclosure the president elect revealed interests in 144 companies. these have had dealings in least 25 countries in asia
with sally and world business report. from boardroom chief to commander in chief. trump hands control of his business empire to his sons. but ethical questions will remain for america s richest ever president. plus i apologize to the south korean people . samsung boss jay y lee is questioned in a growing corruption scandal welcome to world business report. i m sally bundock we ll be live in seoul in a moment for the latest on samsung. but first we are in the us where, as you ve been hearing, president elect donald trump has been dismissing claims russia holds compromising material on him, calling it fa ke news . the row has even threatened to overshadow controversy over mr trump s business dealings and concerns he will face a major conflict of interest once in the white house. on wednesday he said he d hold onto his business empire but hand complete control to his two eldest sons, donald junior and eric. so will it be enough to silence the critics? let s show you some
is doing well. joining us is manji cheto who s vice president at political risk consultancy firm, teneo intelligence. good morning and nice to see you. you watched it all from start to finish, what did you make of it? a low i think one of the things that shocked me was let s not forget, the press c0 nfe re nce was shocked me was let s not forget, the press conference was the designed to talk about how donald trump would separate his business interests. the press c0 nfe re nce separate his business interests. the press conference ended up being a donald trump for lack of a better word rant. the market reactions are quite significant. we saw stocks rising, defence, pharmaceuticals, during his campaign reversed their movements. that shows markets are effectively saying they don t know what a president trump will look like when he comes into office and that s an important thing to watch. another point is, what we effectively saw yesterday was donald trump acting as a businessman,
continues we will tell all. and the inside track on donald trump s business week later. you can get in touch with the programme using the just use the hashtag #bbcbizlive. we start in the us where car giant fiat chrysler is denying it faces its own dieselgate scandal just a day after volkswagen was fined more than $4 billion for cheating emissions tests. the us regulator the environmental protection agency is accusing fiat chrysler of failing to disclose emissions software, at least eight different types, installed in thousands of its diesel vehicles. epa says the software allowed the cars to exceed pollution limits and pump out higher levels of harmful nitrogen dioxide. but the company s boss says it did nothing illegal. so how big could this be? the investigation involves thejeep grand cherokee suv and dodge ram pickup made in the last three years. that adds up to more than 100,000 vehicles the vast majority sold in the us. the epa says fiat chrysler could be liab