grappling with losses in debt since 2019. it was backed by soft bank ofjapan and has reshaped the office sector globally but it has now sought us bankruptcy protection on monday after its bets on companies using more of its coworking space sound. that is just coming out. we should have the latest news on our website and we will bring you more as we get it. that breaking news justin, wework has filed for bankruptcy protection in the united states due to heavy losses that it has been suffering since 2019. let s move on to beijing, where australia s prime minister has met chinese prime minister xi jinping. the leaders have expressed a desire to work together and move on from recent tensions. their relationship soured during the pandemic, after australia s previous government called for an independent intervention into the origins of covid 19. beijing slapped bans on products such as wheat, corn and barley. the tariffs which were only lifted this year. this is the chinese leader.
from the eiu. he says australia was never a good target for china to have tensions with. it’s good target for china to have tensions with. tensions with. it s a slight stabilisation tensions with. it s a slight stabilisation but - tensions with. it s a slight stabilisation but ties - tensions with. it s a slight stabilisation but ties are l stabilisation but ties are going to remain quite difficult. this recent incident between australia and china over the last two years really shows the limits and in some way the lack of sophistication of chinese foreign policy. australia was a bad target for china to choose. it was always going to side with the us when push comes to shove. because of its resource endowments it s got unusually large amounts of leverage. pushed by china on australia hasjust leverage. pushed by china on australia has just resulted firstly in australia doubling down on diversifying its export rays. it s termed public and political opinion in that country f
Before on wall street and a strong session in asia. If youre going on holiday, what do you do with these things, your pets . Would you let someone stay in home for free if they agree to look after your pets for you . We will speak to the man who is trying to make a business from that very idea We Wa Nt Business from that very idea we want to know how far would you relocate for work . Let us know just use the hashtag bbcbizlive. Hello and welcome to Business Live. Yes, do send in your thoughts and your questions about the stories were covering. Including staying in peoples homes looking after their pets. In a decade apple has sold more than 1. 2 billion iphones and it seems like the worlds most valuable company. It doesnt see any end to our enthusaism for one of the 21st centurys most revolutionary products. It appeared to dismiss fears of a delay to the expected september release of its latest model as it told us it made 16. 1 billion of sales in the three months from april to june. So
Begin the trading week. In positive territory. We will talk about what will move them later in the week later in the programme. We are joined by a french entrepreneur described as a Rock Star In The World of proud funding. She will reveal to us her latest plans shortly. And the winner is. La la land. Moonlight . Sort out the autocue what a night. What is your Warren Beatty moment . Get in touch. Welcome to the programme. One of europes biggest mergers looks like it is off. The London Stock Exchange and its german rival the Deutsche Boerse say their coming together is unlikely to be approved by the European Commission. The merger was supposed to be worth just over 30 billion and would have created a giant trading powerhouse that would better compete against its big us rivals. When they announced the deal last year the two Companies Said together they should be able to make cost savings of 475 million a year, about 20 of the combined groups operating costs. They had already agreed to sel
Declaration denouncing customs duties isolation and protectionism and promoting an open world economy. We must Work Together at the United Nations the g twenty and the World Trade Organization to safeguard the rule based Multilateral Trading Regime Promote Trade and investment globalization and facilitation and reject protectionism outright. This statement from chinas Head Of State was met with a loss of approval but at the same time china itself has been accused of closing off its market to foreign goods its known for copying products promoting its exports and giving preference to Domestic Companies when awarding contracts. On wednesday and thursday brian as stuff went on strike in several European Countries to coincide with the Summer Holidays the airline has been forced to cancel around six hundred flights affecting Tens Of Thousands of passengers ryan i
was hoping to avoid the scenes of first straight to passengers in the mosque a thought thats a minus we thought everyone whos flig