As always, much more on our website with lots of analysis and back round detailed to all our major stories. Now on bbc news, live to singapore for Asia Business report. Donald trump says its likely iran was behind the attacks on saudi arabia, but downplays talks of going to war. Crisis hit city tried to get Public Relations firms to fix its reputation. How the crisis hit. Good morning asia, hello, world. Its tuesday, glad you could join us for another exciting addition of Asia Business report. Im rico hizon and with the local energy markets, its been a tumultuous 2a hours for markets in the wake of the attack on saudi facilities on the weekend. After soaring into double digits yesterday, the cost of crude has risen in asia this morning and donald trump said it looked like iran was behind the attacks but added he didnt want war with anyone. That was a very large attack, and it could be met with an attack many, many times larger very easily by our country, but were going to find out who
One of the worlds most valuable tech firms, apple, is heading to court in a bid to overturn a multi billion dollar tax bill in back taxes in ireland as part of a landmark case in the eus crackdown on tax avoidance by multinational companies. Three years ago, the European Commission ruled apple received illegal state aid from ireland when it effectively paid only a 1 tax on its profits. The commission ordered ireland to collect 14 billion in taxes from the firm, and apple is appealing against it. But its not the only tech giant under the spotlight. Last week, google paid 1 billion to settle a french investigation into whether it had underpaid taxes. The Search Engine giant pays little tax in many European Countries because it reports almost all of its sales in ireland. In a bid to close tax loopholes, france earlier this year passed a new Digital Services tax, meaning large multinationals will have to pay a 3 tax on sales generated in france. The European Competition commissioner, margr
In silicon valley. I will be joined by the chief officer. President obama unveiled a plan to bring the internet to america. I spoke with the chief technology officer. We are watching development out of grief. The parliament is debating a note on austerity measures that could unlock a new 95 million bailout of the eu. You are looking at live footage in athens. Greek police have been clashing with protesters. We will update you with any developments. We are learning more about netflix user growth after an explosive week for the company stock. The service hit 65. 6 million subscribers in the second quarter, thanks to original shows like orange is the new black and daredevil. They have reached 23 million subscribers in the new subscriber growth. Shares are spiking and in afterhours trading. Joining me now to break down the numbers, media tech managing partner who has 40 years of experience as an investment banker. Also, paul sweeney who covers netflix for bloomberg intelligence. What do yo
President obama unveiled a plan to bring the internet to america. I spoke with the chief technology officer. We are watching development out of grief. The parliament is debating a note on austerity measures that could unlock a new 95 million bailout of the eu. You are looking at live footage in athens. Greek police have been clashing with protesters. We will update you with any developments. We are learning more about netflix user growth after an explosive week for the company stock. The service hit 65. 6 million subscribers in the second quarter, thanks to original shows like orange is the new black and daredevil. They have reached 23 million subscribers in the new subscriber growth. Shares are spiking and in afterhours trading. Joining me now to break down the numbers, media tech managing partner, who has 40 years of experience as an investment banker. Also, paul sweeney who covers netflix for bloomberg intelligence. What do you make of these subscriber numbers . Guest they did beat
President obama unveiled a plan to bring the internet to america. I spoke with the chief technology officer. We are watching development out of greece. The parliament is debating a note on austerity measures that could unlock a new 95 million bailout of the eu. You are looking at live footage in athens. Greek police have been clashing with protesters. We will update you with any developments. We are learning more about netflixs user growth after an explosive week for the company stock. The service hit 65. 6 million subscribers in the second quarter, thanks to original shows like orange is the new black and daredevil. They have reached 23 million subscribers in the new subscriber growth. Shares are spiking and in afterhours trading. Joining me now to break down the numbers, media tech managing partner, who has 40 years of experience as an investment banker. Also, paul sweeney who covers netflix for bloomberg intelligence. What do you make of these subscriber numbers . Guest they did bea