those are some of the world s largest economies. deutsche bank research crunch to the data. nvidia has enjoyed a meteoric rise, adding a full $1 trillion in market cap injust about a month this spring. the firm has been capitalising on the fever around artificial intelligence. the chips made by the company are used to power the company are used to power the ai applications that are in use and in development now and companies are betting they ll be instrumental in the future. shares of nvidia are up around 170% this year. over 70 million people in the us are under heat alerts this week, with extreme temperatures as high as 41 celsius forecast in some areas. scientists say many extreme weather events are becoming more frequent and intense as a result of climate change and it s coming at a cost not just to human lives, but also to businesses. i have been speaking with professor illan noy, who suggests that climate change could be costing the world around $16 million per hour
Publication next week. It includes plans to nationalise parts of the Energy Industry shares in the company that owns flat chat plunge. And we going to link to some advice from one of singapore s most unusual entrepreneurs. It is a thursday, everyone. Good morning, asia and hello, world. What a crash shares in snap, Parent Company of snapchat have fallen over 20 in after hours trading on wall street. This pitfall comes after they reported losses of over 2 billion us in its first quarterly results. What happened after its redhot share sale in march . Earlier our correspondent told us how it went from being a Market Darling to being shunned by investors. In the latest earning reports snapchat has grown by Less Tha N Earning Reports Snapchat has grown by less than 5 which is not enough to keep anyone happy. Revenue has not been high enough and, like you said, they had a huge loss. So while that was big hope that they could provide competition to facebook in the future on this early evidenc
Has died aged 79. He killed five children and teenagers in the 19605. We cross to singapore for the latest business news. Singapore Airlines Earnings are due out later today. It is still a great way to fly. A windy proposition in the philippines, but will the ousting of the Environment Secretary change its target for renewables . Good morning asia and hello world. It is a tuesday. Glad you could join us by Asia Business report. Im rico hizon. It is Southeast Asias Biggest Airline group. But Singapore Airlines is dating increasing competition. Some a nalysts dating increasing competition. Some analysts suggest the carrier might soon go into debt for the first time in more than a decade. So will profits take off or Hit Turbulence this time round . Here is a forecast. I think they will come out with a decent profit when the numbers come out. They have strong cash flow. They have very deep pockets, and very strategic view of what they wa nt to very strategic view of what they want to do in
To resolve a dispute about the role of guards. The rmt is still fighting southern on the same issue. Now on bbc news, all the latest Business News live from singapore. Preparing to meet the us president. Japans by Minister Talks to the head of the un day about the auto industry. Hyundai. And the owner of Snapchat Files for share sales and hopes to raise 1 billion. It is friday glad you could join us on Asia Business report. Im rico hizon. It is becoming to be known as the trump shock. Japanese businesses are nervous about criticism from the us president. Shinzo abe will meet him next week in washington and in preparation he has cut his putting, he is getting together with toyotas boss to ward off concerns about the auto industry. One of the main issuesis auto industry. One of the main issues is the japanese yen. As you can see on this Foreign Exchange dollar chart, a lot of volatility against the us dollar. The us president has accused japan of playing the money market to take trade ad