Its 9am in singapore, 1am in london and 5pm in los angeles where one of the biggest media deals in history will reshape the world of entertainment. Walt disney is buying a large part of 21st century fox, the business controlled by Rupert Murdoch and his family. Its worth more than 50 billion, and the deal could see new films and tv shows reaching homes in asia. Our media editor amol rajan reports. When Rupert Murdoch bought the news of the world in 1968, he was an outsider. But this canny australian with news in his veins made his way to the heart of the establishment in both britain and america, wielding extraordinary influence. From his base in tabloid newspapers, he moved aggressively into film and television, owning studios and networks that entertained hundreds of millions of people. But now, fox has become a division of disney. In a phone call, he explained his strategy. I know people are asking why the murdochs came to such a momentous decision. We are pivoting at a pivotal moment. Andrew neil was at murdochs side as an editor and executive for years. For him, this is the end of a dynasty. Hes been trying to do that for 35, a0 years. I used to sit with him in restaurants in london in the mid 1980s, and he talked about a murdoch dynasty, about putting his children into key positions, letting them fight for the top position, and whoever wins would take over, and the murdoch name would go on forever. And here, at a stroke, hes unbundling the empire, and the dynastic ambitions are gone. The deal still needs regulatory approval, but if it goes through, it will create a new media superpower. Mr murdoch is selling his world famous film studio, 21st century fox, International Tv businesses, including sky in europe and star in india, Cable Networks such as fx and national geographic, and perhaps most strikingly, a stake in hulu, a streaming service with access to millions of customers, which could rival netflix. And that is the key for disney. eieiii; iii £55 elle 55 fi. L. Have a controlling stake, cut out the middleman of Domestic Television stations, broadcasting directly into millions of homes. The Fox International footprint has some extremely High End Technology to deliver all this content to consumers in more modern ways. Sky in europe is a good example of that, star india another one. And so, to the consumer, not only will they be getting more great content, high quality content, but theyll be getting it in ways that they demand. Sky news and sky sports look set to continue, while fox says its own bid for full control of sky, currently stuck with regulators, remains in place. Even with this acquisition, disney is playing catch up with tech giants like facebook, amazon and apple, who, if they arent there already, are coming to a small screen near you. Now lets take a look at some of the days other news. Investigators in france are waiting to interview the driver of a school bus that was hit by a train on a crossing near perpignan, killing four children. She was slightly injured. The Prime Minister who went to the scene said 20 people were injured, ii of them critically. Translation the priority at this stage is to give Accurate Information to the families. We all understand that they are living through a period of anxiety, which everyone must respect, and help to make as short as possible. Also making news today, a final report on child sexual abuse in australia will be delivered to the countrys governor general on friday. The far reaching five year long inquiry has heard from thousands of survivors of paedophiles who worked, or volunteered, in state institutions like schools, churches and charities. Many of which have been reported to police. Well have more on this story a little later. An emotional multi Faith Memorial Service has been held in london to honour the victims of the Grenfell Tower block fire six months after the disaster. Members of the british royalfamily and the Prime Minister. Theresa may, joined survivors and relatives of the 71 who died in the disaster. The Us Communications regulator has voted to end net neutrality, the principle introduced by the Obama Administration that Internet Service providers treat all types of internet traffic the same. Protestors who gathered before the vote, fear this will create a two speed internet, forcing customers to pay more for some services. But supporters say removing regulation will increase innovation as Yogita Limaye explains. Essentially what has happened is that regulation which ensured that Internet Service providers in america could not charge different prices for different websites, that regulation has been removed. Now, this is not a rule that needs to be passed by congress, so it could come into effect. Chinas president xijinping and his south korean counterpart say they wont tolerate a war on the korean peninsula. The two countries said theyd both co operate in applying sanctions and pressure on pyongyang. It comes after the south korean president moonjae in met the chinese leader during a state visit to beijing. The American Ambassador to the un has accused iran of supplying yemens rebels with missiles, and firing them into saudi arabia. Nikki haley showed remnants of a missile, she said came close to hitting riyadhs airport last month. Iran said the claims were irresponsible and provocative. Mamma mia, dancing queen, take a chance. Were talking the swedish super group, abba. Satin bell bottoms and some of the catchiest pop songs around. And theyre back sort of. Fans new and old will be delighted to know a new exhibition about the band is opening in london, and its called super trouper after the last song they had to reach number one in the uk charts. If its december, then its time for Vladimir Putins end of year news conference, and the rare chance to ask the russian leader a question. He praised what he claimed were Donald Trumps achievements the two men havejust spoken on the phone. And on the fbis investigation into collusion between the Trump Campaign and russia, he said it was invented by those opposed to mr trump. The bbcs moscow correspondent Steve Rosenberg got a seat heres his report. It is always a spectacle, and always incredibly long. Vladimir putins end of Year Press Conference this year lasted three hours and a0 minutes. More than 1,000 journalists competed to catch the president s eye and to ask him a question, with the kremlin leader up on stage, Holding Court like a russian tsar. He was asked about alleged links between Donald TrumpsCampaign Team and the russian government. How could Vladimir Putin explain the amount of contact between the two . This has all been invented by the people who oppose trump, to delegitimise his work, president putin said. The people who do this are dealing a blow to domestic politics in their country. He spoke also about syria. Vladimir putin had made a surprise visit there earlier this week to congratulate Russian Troops on their military operation, that has kept their key ally president assad in power. His message was, mission accomplished. Some of the Russian Troops have been returning home. Moscow views the military campaign there as a success. But, back in russia, critics accused the kremlin of crushing opponents, and preventing the emergence of any rival to Vladimir Putin. Today, he said it wasnt his fault that russia lacked a strong, united opposition. Its not up to me to form the opposition myself, president putin said, and he criticised opposition activists for making too much noise and offering no concrete ideas. This wasntjust an end of year news conference. This was the start of an election campaign. In three months time russians go to the polls, and Vladimir Putin wants another six years in the kremlin. And, if he wins and serves out his next term in full, that will mean he will have been in power in russia, as president or as Prime Minister, for 2h years. Lets return to one of our main stories, the final report on child sexual abuse in australia, has been handed over to the governor general. I spoke a little earlier to leonie sheedy, co founder of the Survivor AdvocacyOrganisation Care leavers australasia network, who has travelled to canberra to see the report being handed over to the governor general. It is a very momentous day. You know, the country now knows that children in australias orphanages, childrens homes, missions and foster care were sexually used by the churches, charities and the state governments, and they know they can no longer hide this horrible history. It needs to be taught in every school, in every university of this country. And children like us, were now elderly adults. We deserve justice, we deserve redress. We deserve redress for all forms of abuse and neglect, the loss of our families, and the lack of opportunities that life. You know, they didnt provide us for a life, and we had to grow up without their parents, and pretend it didnt matter. It surely mattered, to every Single Person here standing behind me, and many elderly australians who are hidden in lonely houses across australia, because they are so burdened by the shame and stigma of their childhood. Well, the shame and stigma needs to be squarely put on the churches, the charities, and the state governments of this country. Leonie, this was an incredibly far reaching report, and it really investigated so many different types of institutions, these state institutions. Are you satisfied with it . Well, we actually havent seen the recommendations. But i can assure you, those commissioners have done this country proud, really. I think everybody here wouldnt you all agree . Cheering. And you know, they took the shame and stigma from our hearts, and they carried it for the last five years. Well, it now needs to go to every government, state and federal, and it needs to go to the churches and charities and state governments. And if the churches and charities dont opt in to redress, well, then they need to lose their charity tax exemptions. Leonie, thousands of people we have spoken to, thousands of survivors we have spoken to as part of this investigation. Explain to us, how difficult is it for a survivor to come forward and speak about this . Well, you dont trust society. You dont trust the police, you dont trust the government, you dont trust anybody. You know, when children in orphanages absconded, they did try to speak up. They tried to speak to the welfare, and the police, and the churches and charities just didnt believe. The police even picked us up from the streets and returned us, no questions asked. They returned us straight back into the hands of the abusers, and we got punished severely for that. And so its extremely difficult to tell what happened to you as a child. You have to relive that trauma and that abuse all over again. But these brave men and women, and the oldest person that clan has supported at the Royal Commission was 93, they embraced the royal youre watching newsday on the bbc. Still to come on the programme, who lives in a house like this . We take a look inside a piece of america in london. Also on the programme, a short shelf life. How some fickle fashion fans are casting out their clothes afterjust a single use. After eight months on the run, Saddam Hussein has been tracked down and captured by american forces. Saddam hussein is finished because he killed our people, our women, our children. The signatures took only a few minutes but they brought a formal end to 3. 5 years of conflict, conflict that has claimed over 200,000 lives. Before an audience of world leaders, the president s of bosnia, serbia and croatia put their names to the peace agreement. The romanian border was sealed and silent today. Romania has cut itself off from the outside world in order to prevent the details of the presumed massacre in timisoara from leaking out. From sex at the white house to a trial for his political life. The lewinsky affair tonight guaranteed bill clinton his place in history as only the second president ever to be impeached. You are watching newsday on the bbc. Still to come on the programme who lives in a house like this . Disney and fox have linked up in a 50 billion entertainment merger, what are the biggest media deals in history. A final report on child sexual abuse in australia is due to be delivered to the countrys governor general. And one story which is popular across asia on bbc. Com, each december, the geminid meteor shower illuminates the night sky with a massive display of shooting stars. As you can see, cameras over china captured the peak of the show. Lets take a look at some front pages from around the world. The New York Times looks at how changes to mexicos food system have led to some expanding waistlines. Apparently free trade has caused a glut of high calorie food. The result is obesity more then doubling since 1980. Also they report a growth in diet related illness. The china daily reports on plan to boost the use of Artificial Intelligence as the government aims to upgrade the economy. The strategy includes plans for an internet connected car industry. It also includes cutting edge robots to help Senior Citizens and children. Finally, the Philippine Star shows the house of someone whos really trying to brighten up the festive season. The entire building in cainta is decorated with hundreds of thousands of lights. Its proved a big hit with locals as well as foreign tourists. Were going to keep on the building theme but losing the lights perhaps because here in london we used to seeing New Buildings going up all the time and ill tell you about the latest one, at the cost of 1 billion it comes complete with its own moat. Its the us embassy and it sits on the banks of the thames and is due to open next month, but the bbcs Richard Lister had a sneak preview. This is what 1 billion looks like. The new us embassy in london is said to be the most expensive in the world and almost a decade in the making. Inside, theres a garden of american desert flora. Its all designed to be airy and welcoming, not words usually associated with embassies. I think this is a country of great dignity and it birthed the united states, and this building should be not some pop icon but certainly a building of great dignity and serenity. This embassy is also a fortress, it even has a moat, although they prefer we call it a pond. Some of the glass is six inches thick, a reminder that the embassy is the only place where one nation intersects with the other. For decades thats been here, grosvenor square. The old embassys been sold to become a hotel but its a place now associated with american triumphs and tragedies. Archive at grosvenor square, police warned to expect trouble waiting. It was where british people repeatedly protested against the vietnam war. Archive a huge crowd waited for them at the american embassy. Where well wishers greeted americas first men on the moon and came to pay their respects after the attacks of 9 11. Now a new building will represent america. The Us Ambassador said this glass clad building represents americas global outlook, giving form he says to the core Democratic Values of transparency, openness and equality. Whats not clear is whether donald trump will be at the opening next month, although he has been invited. It would be the most controversial visit by any american president , moving in present for the ambassador. Trump is coming when he sets the date for coming. Hes been invited for a state visit, hes been invited and accepted but he hasnt set a date for the Ribbon Cutting of this and taking a look at this embassy. That will be announced when he selects the date. And of course the new embassy will outlive this presidency and many more to come. Now, sharanjit, this next item takes us from architecture to the world of fast fashion. Yes, kasia, i dont know if youve done this but i have once or twice wearing something only once used to be the preserve of the very wealthy, but, it seems, no longer. The Christmas Party season is in full swing, many of you might be buying new outfits for the festive celebrations. But how many times will you actually wear those outfits again . Well, recent research has found just how disposable clothing is. Three quarters of those surveyed in australia and singapore had thrown out clothing in the last year. In china that figure was 85 . Millennials, in all three countries had the highest proportion of new clothing. 30 a0 of people purchased at least half of the clothes they own in the past year alone. Earlier, singapore based fashion writer wing yin came into out studio. I asked her if she thought the Younger Generation was mainly responsible for this throw away trend. I dont exactly think its a generational thing, but, like, there will be differences between two generations, the different generations, the millennials and the older generation because it stands for the fact they have different values. Pot four millennials its a time when its very fast, speed is given, trends are getting faster so its not surprising we are turning out things that fast. Do you think its also the fact that the internet and social med