Get tougher after china mobile, the Worlds Largest carrier, will cut phone subsidies by 2 billion after the government told it to lower marketing expenses. Lack of subsidies may make it harder to sell highend phones in china. It can also give a surging boost to competitors. The latest trends in tech are winding up in the dictionary. Words like netflixinspired binge watching, live tweeting, sub tweet, buzzfeed have been added to the oxford online dictionary but theyre not in the official dictionary as of yet. To our lead story, ail bab why group has been on an acquisition free in the runup to the i. P. O. But now there are concerns about one of its deals. A film company ail bab yoo took a controlling stake in Chinese Media group, now known as alibaba pictures, has uncovered possible accounting flaws. The unit may not have made enough writedowns for some assets in the first half of the year, according to a filing. Alibaba has tape stakes in more than a Dozen Companies this year. They ran
Business. Chinas central bank promises to watch for inflation after the premier league sounds a hawkish warning. And initiating countdown sequence, india just minutes away from launching asias First Space Mission to mars, heating up a new global space race. All right. A warm welcome. Were into the twohour Worldwide Exchange again after the u. S. Changed their clocks over the weekend. Now, a lot of earnings out today. Details out in a minute. Nissan shares taking a big fall in japan today. The automaker cutting its profits down by 20 because of weak sales in asia. Well get the details in around 10 minutes. Helia is in london for a first on cnbc interview with the owner of Imperial Tobacco. Well get more at 10 20 cet. And in new york, the yearlong mayoral race draws to a close as voters head to the polls today. About frontrunner bill deblasio score a victory or is a lastminute upset on the cards . Plus, well speak to the italian finance minister about his vision for the future of europe.
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But ive got other plans i have a steam ship waiting one from greece since white fleet. Today im going to take you on a trip along with sex and wine route right wine route the name says it all and one of those ships down there is going to take me quite comfortably into the vignettes starting here in greece then via the boil all the way up to the town of mice and. My day includes a sparkling wine too or at casa. Revisit the i bleached book in mice in the cradle of sex in the. At my colleague me quote flourish has sent us a travel report from spitzbergen. The white fleet andreessen still is not in historic paddle steamers. These days the ship starts v in steams along the saxon wine route. One last look at greece and skyline. And then it gets rustic. After about an hour i go ashore in about a boy the city is the center of the sex and wine route. It is one of the smallest and northern most wine growing areas in germany the steep slopes the small palaces and the dry stone walls thats what th
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