Skip to main content

tv   Asia Business Report  BBC News  January 24, 2017 1:30am-1:46am GMT

1:30 am
it's a decisive shift in america's dealings with the rest of the world. the deal negotiated by the obama administration was never ratified. mr trump said the move was "great for the american worker." the world health organisation has warned about the growing number of cases of bird flu. different strains have been spreading across asia and europe, leading to large scale slaughtering. and this video is trending on bbc.com. three puppies have been discovered alive five days after an avalanche hit a hotel in central italy. it's raised hopes that some of the 22 people still missing may be found in the ruins of the mountain hotel in abruzzo. that's all from me now. stay with bbc world news. and the top story here in the uk: the defence secretary, michael fallon, has refused to tell parliament whether an unarmed trident missile misfired off florida last june. he said the test had been successful and safety wasn't compromised. labour mps have accused ministers of a cover—up.
1:31 am
now on bbc news all the latest business news live from singapore. it is official. us president donald trump tears up the trans—pacific partnership deal and looks to renegotiate nafta next. we just officially terminated the trans—pacific partnership. applause . samsung, a scandal applause .samsung, a scandaland a corruption row. good morning, asia. hello, world. thank you for investing your time in asia business report. i'm rico hizon. it's a tuesday. we start off with us president donald trump. he has formally pulled the us out of the tra ns—pacific partnership,
1:32 am
has formally pulled the us out of the trans—pacific partnership, a major trade negotiation between 12 countries. it is part of his campaign pledge of america first, safeguarding emre can jobs and manufacturing. that is a message he told world leaders. we have more on what he called the captains of industry. thank you very much, everybody. donald trump assembled a who's who of the corporate world around the table were the bosses of more than ten multinationals in america, including these on your screen, were also there. and also, mark fields, the chief executive of ford, which recently cancelled plans for a ford, which recently cancelled plans fora1.6 ford, which recently cancelled plans for a 1.6 billion dollar plant in mexico which donald trump criticised for sending jobs abroad. and he
1:33 am
repeated his threat to any company thinking of moving production away from the united states. a company that wants to fire all of its people in the us and build some factories someplace else and then thinks that product willjust someplace else and then thinks that product will just flow across the border into the united states, that is not going to happen. you are going to have to pay a substantial border tax. and his reward for companies staying in the united states, to cut red tape. we think we can cut regulations by 75%, maybe more. and turning campaign rhetoric into action, donald trump signed an executive order, withdrawing the us from the tra ns—pacific executive order, withdrawing the us from the trans—pacific partnership, a trade deal with asia which he had called harmful to american workers. thank you very much. that report from michelle fleury in new york. some countries involved in the
1:34 am
trans—pacific some countries involved in the tra ns—pacific partnership such some countries involved in the trans—pacific partnership such as new zealand are vowing to push ahead. the japanese are still trying to convince the americans of its significant. but rising protectionism in the us is something people are going to have to get used to according to person. is this the direct impact through those companies with large export volumes to the us? there is the impact of his policies, inflationary, that will lead to a strong us dollar and rate hikes potentially. that has not been a great environment for emerging markets in asia. any particular industries that could be impacted more compared to others? the industries that have full operations outside the us will be more impacted than those inside. korean car makers for example already produce lots of their product within the us and some within korea. for those companies, the impact will be less. jonathan
1:35 am
goodchild. sand samsung havejumped in their profit thanks to chip making and panel display businesses. these outweigh the problems it had with its exploding smartphones. the cause was apparently due to bad batteries. they have other issues to worry about, including a probe involving the president of korea. we sum up the problems. samsung has probably faced the perfect storm conditions over the last few months. the battery challenge, the, umm comedy, umm, scandal with the with the president which has cascaded onto them. and linked to that is the whole issue from last year with the international pension service voting in favour of a merger that had been
1:36 am
challenged why are they invest. riechedly, could we see an organisational restructuring with samsung ? organisational restructuring with samsung? on one hand, their stock is performing remarkably well. they make continual organisation changes. the leadership, of course, is still in flux, with the old guard, you know, in a challenging position in hospital, the young guard wanting to ta ke hospital, the young guard wanting to take over. given the risks around, they will want multiple ways of leading big companies that it is not dependent upon any person. james in hong kong. yahoo posted a 60% rise to $1.5 billion for its fourth quarter compared to the previous year. ones mighty technology giant is being investigated over two massive cyber bridges. they are in the process of being bought by
1:37 am
verizon for nearly $5 billion. but they said today that the deal is being delayed until the second quarter of this year. i spoke earlier about what this means for the internet icon. if revenue continues like that, most people are not paying attention to it. it is long gone. people are looking for the news with the verizon deal. we know now that although originally they planned to close that deal to verizon by the fourth quarter it will now be pushed back to the second quarter. slightly longer than thought. that could be because of the investigations opened into this. the fcc in the us is investigating whether breaches of yahoo in 2013 and 1a should have been closed sooner. and 1a should have been closed sooner. those investigations have started and it may be the reason for
1:38 am
the pushback. that was in san francisco. fourth—quarter revenues for mcdonald's fell in the 5% to just over 6 billion us dollars. the world's largest restaurant chain recently sold off its chinese operations and is looking to offload this stake. renowned over the world for cuisine, but keeping customers at home and happy has not been easy. restau ra nt at home and happy has not been easy. restaurant owners serving traditional indian food has been struggling to attract young customers in particular. some are trying more interesting experiences. is that working? we went to have a taste. cooking noises. it is not about curries and kebabs any more.
1:39 am
indian food is getting a makeover. this is a deep—fried fritter soaked in sticky sugar syrup. it is a popular indian treat found on most streets on corners. this is what it has been turned into. tiny hits of caviar stuffed with saffron. it looks cool and tastes just as good, and they are hoping that they can attract young people back to indian food, specifically young people. this entrepreneur is hoping that his restau ra nt this entrepreneur is hoping that his restaurant launch is as blessed as his previous ventures. his father is a very well—known chef, and he wants to continue that legacy with a twist. we take indian food and
1:40 am
maintain the authenticity and do not mess with the flavours. we produce a very modern avatar of that same dish. if you want to take a cuisine global you have to do that. dish. if you want to take a cuisine global you have to do thatm dish. if you want to take a cuisine global you have to do that. it is not just molecular food. global you have to do that. it is notjust molecular food. chefs are taking cuisine at sitdown restau ra nts taking cuisine at sitdown restaurants to the places young people hangout. this is one of the first chefs to put indian delicacies in bars and pubs. we wanted it to be like a gastronomy restaurant with our own definition. we did not want to rely on tradition and formality. we wa nted to rely on tradition and formality. we wanted to put the spin and the fun back into the product, but also focusing on food and being unabashedly indian. for indian entrepreneurs, getting young indians on board is crucial to taking its
1:41 am
global. but with a host of global cuisines available in popular here at very affordable prices, they are not only competing with traditional indian food. so it may win customers early on, but it could be tough to keep them coming back. bbc news, delhi. iam ready keep them coming back. bbc news, delhi. i am ready for breakfast. before we go, a quick look at the markets right now. a mixed bag. the nikkei down by a point. that is due to be strong us dollar. the all 0rds down. thank you very much for investing your time with us. sport todayis investing your time with us. sport today is up next. see you soon. you are watching bbc news. the top stories this hour: with the stroke of a pen, donald trump has cancelled us involvement in a massive free trade deal. that is the main headline this hour. fresh outbreaks of bird flu across asia and europe, including china, where the number of human cases goes up. the comic actor, gorden kaye, known to millions as rene artois
1:42 am
the cafe owner in the bbc sitcom, "‘allo ‘allo," has died. he was 75. he appeared in all 82 episodes of the show, which was set in nazi—occupied france. our arts correspondent, david sillito, looks back at his life. for ten years and 82 episodes, gorden kaye was the harassed heart of one of the most popular comedies of the 80s. ‘allo ‘allo. would you believe it possible that the plot has now thickened? cafe owner rene artois had an unfathomably complicated love life and endless problems with fallen madonnas and knackwursts. can nobody resist me? good afternoon. she'll fix you up. this was not the first time tv audiences had met gorden kaye, in coronation street he played elsie tanner's nephew bernard butler. i'm going to miss you when you go back, you know? shut up. born in huddersfield,
1:43 am
he'd spent years on stage. writer and producer david croft spotted him. after guest appearances in are you being served and it ain't half hot mum, he sent him a script. it's set in a little french cafe and that's that, and the laughs are leaping off the page, almost visibly, and you think this is a corker. a comedy about the resistance? however, it works. but in 1990 he was seriously injured in an accident. two years later the show was cancelled. but ‘allo ‘allo never ended, all around the world it continued to be seen in 200 countries, there's even a german version. gorden kaye was right, it was a corker. the actor, gorden kaye, who has died at the age of 75. it's been announced that michelle o'neill will take over from martin mcguiness as the new leader of sinn fein in northern ireland. she's the party's current health minister. martin mcguiness is standing down because of ill health. her appointment comes just weeks
1:44 am
before a snap assembly election in march. the first minister of wales, carwynjones, has called for britain to retain "full and unfettered access" to the european single market after brexit. his welsh labour party has joined forces with plaid cymru and the welsh liberal democrats to publish proposals to restrict freedom of movement to those eu migrants who already have a job offer in the uk. theresa may has already said that britain will leave the single market. british spy chief, robert hannigan, has resigned from his role as head of intelligence agency, gchq. he's been credited with a more open approach at the notoriously secret organisation. but mr hannigan said the role has demanded "a great deal" from his family, and he will step down when a successor is found. time now for all the sports news in sport today. hello, i'm john watson,
1:45 am
and this is sport today, live from the bbc sport centre. coming up on this programme: liberty media's takeover of formula 1 is complete, ending bernie ecclestone's reign at the top of the sport. tunisia book their place in the knock out stages of afcon, but algeria are heading home. and nicola adams throws the towel in on her olympic career, and turns pro. hello and welcome along to sport today, on bbc world news. play is under way on quarter—finals day at the australian open, with venus williams in action, as she and roger federer hope to prove that age is just a number, with the veterans both in action, in one of two quarter—finals in the men's and women's draw

51 Views

info Stream Only

Uploaded by TV Archive on