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His regular lawmaker s sal richl as prime minister he earned $20,000 a month. andrew. well, the disaster, nina, crippled communities and businesses and it s also thrown up shockingly large numbers. the human toll stands at almost 15,000 people killed. more than 9,000 people are still missing. the japanese government estimates it cost nearly $200 billion worth of damage with more than 83,000 buildings demolished. the world bank says it may take five years for japan to rebuild. last week japan s parliament passed a $49 billion disaster relief budget. awe motive, electronic, and chips centering were affected. 7% of the factories were located in that part of japan. arising anger from tens of ....
From cnn london, i m nina dell santos. and i m andrew stevens at cnn hong kong. welcome back. you re watching world business today. let s bring you up to date with the european markets. not a lot of movement in london at the moment. we saw hsbc shares on earlier on in the show, down by 1.5% at the moment as the chief executive stewart gulliver announces a series of measures. also the bank of england is set to come out with its uk economic report. they expect to downgrade it as a whole. that s one of the reasons why the ftse market is teetering in the red. the other european markets fairing up nicely with the dax ....
Saying its june is perhaps looking at them coming back on line. thank you so much for that. kyung lah joining us. as you is see quite clearly, one of the hardest hit areas of a hard-hit region in japan. kyung, thank you. nina. microsoft makes its biggest acquisition in its history. coming up, the staggering amount that it s paying. and apple and google come under scrutiny over their privacy practices. the grilling they got in the u.s. congress. stay with with us. ....
It s earned more than a billion dollar on its original investment. that s why the microsoft share was down in new york, nina, because people are saying they did pay an awful lot for skype. it s a staringing figure, isn t it? google is coming under a u.s. federal investigation. that brings us to this big number of the day. it s $500 million. that s how much the internet giant is possibly setting aside to settle with the u.s. justice department if it indeed has to do that. they re expected to look into their advertising. they get almost all of their money from advertising. youtube is a half billion set aside, that means a lower first net quarterly income of $1.8 billion for google. so some pretty big numbers here. executives from google and also apple also found themselves ....
The s&p putting in a slight performance. as you d expect the strongest gains coming from the tech. that index climbed 1% on the back of the news. andrew. nina, we ll have to wait and see whether the skype acquisition proves a winner for microsoft. it s been big in the news. a lot of people thought that microsoft paid a lot of money for it. very high. $8.5 billion. certainly on the other side ha been a money maker for the stakeholders of skype. as i said, $8.5 billion paid by microsoft. 2 1/2 years ago, two years ago, skype was valued at over a quart over that amount. $2.75 billion. now, at that time there was a venture capital company which was known as and still is as andreessen horowitz. they bought it for $200 million. ....