Aviation. He said the coronavirus has changed the Airline Industry forever. We are getting breaking news across the bloomberg. We have westpac earnings and details with regard to the dividend policy. The first half including special, 2. 2 billion australian, net margin with regard to that decision on the interim dividend, differing a decision to be made deferr ing a decision to be made, looking at the impact of the coronavirus slowdown and the credit loss provisions as well. They will move smaller scale businesses into divisions so it looks like restructuring effort. The cash profit, 933 million. The decision to defer the policy. Looking at u. S. Futures dropping in the asian trade. Shery adding to declines we saw friday, on the back of abysmal economic data, not to mention profits earnings from u. S. Companies. Futures are falling more than 1 . Sincet saw the best month 1987. When it came to world stocks, it was a rally of 10 for the month of april. Oil declines, probably more than 3
Lots more on all of our stories on a website, you can even try the bbc news app, but now lets go to singapore for Asia Business report. Shinzo abe becomes japans longest serving perimeter, has his Economic Programme been a success . How the boss of mozilla, the Company Behind the firefox web browser, is taking on big tech. Its wednesday good morning asia, hello world. Glad you could join us for an action packed edition of Asia Business report. Im rico hizon, lets kickoff the programme with japan because this morning we had that exports flipped by 9. 2 in the month of october compared to a year ago levels. And this comes on the same day that shinzo abe passes the milestone of becoming the countrys longest serving Prime Minister. His time in office has been marked by his centrepiece Economic Programme called abenomics. For more on this Economic Revival Initiative from the Prime Minister, imjoined now Economic Revival Initiative from the Prime Minister, im joined now by my collea g u es P
The worlds greatest rainforest is under increasing threat. Illegal logging, mining and land grabbing has led to vast areas of rainforest being lost. It is a huge store of carbon that is vital for tackling climate change, but the brazilian government of president bolsonaro has so far denied the problem, but that may now change. Environment minister Ricardo Salles will meet governors of amazon states today to discuss tactics to counter deforestation. In the 12 months tojuly, 2019, deforestation soared almost 30 . More than 3,700 Square Kilometres of forest has been deforested this year, an area about a fifth the size of wales orjust over 500 thousand football pitches. While deforestation mainly has been caused by illegal logging, mining and cattle farming, a new threat is posed by increasing demand for land for palm oil plantations. However the president of brazil, jair bolsonaro, believes other countries had overblown the situation. Translation the situation. At times, certain countries
Anti Money Laundering rules for allowing payments from high risk countries. And americas biggest e cigarette firm, juul labs, is hit with a lawsuit accusing it of targeting teens and misrepresenting the safety of vaping. And, helping musicians collect royalties, well be hearing from one former drummer whose business makes sure artists get paid. And following the vaping lawsuit in the us, today we want to know do you think kids are being encouraged by vaping ads . And would you like to see them banned . Let us know just use the hashtag bbcworklife. A very warm welcome to our new business show, lovely to have you with us. We start in south america, where the worlds greatest rainforest the brazilian amazon is under increasing threat. Illegal logging, mining and land grabbing has led to vast areas of rainforest being lost. It is a huge store of carbon that is vital for tackling Climate Change but the brazilian government of president bolsonaro has so far denied the problem, but that may no
Turnout in hong kongs district elections as protests have their say on carrie lams government and drive for democracy. Stocks with these risks, are still managing to push ahead to a third monthly gain. Lets check out how u. S. Markets closed friday. S p 500 closing just higher, led by automakers. Stayingt weekly loss, within 1 of a record high. Treasuries flat for an eighth session on friday. The curve has not yet inverted but we are keeping an eye on that. Looking at the mood in asia, we are setting up for a mixed start. Shares to the downside at the start of a week which brings us gdp reports from india and taiwan. And a policy decision from south korea. Here in hong kong we are going to get trade data on tuesday along with alibabas secondary listing in the city. This, after elections took place on sunday, november 24, which also marked 50 years since the debut. Sterling is testing fridays high against the euro after the u. K. Conservatives unveiled the election manifesto. China said