And working on the move. We hear how the man behind regus serviced offices turned his quest to find a Flexible Workspace into a multi billion dollar empire. And if you struggle with recycling, youre not alone. The worst products to recycle have been named and shamed so we want to know what are your Recycling Frustrations . Get in touch use the hashtag bbc biz live. Send us your comments about that. My question is whether you can put envelopes in recycling if they have the plastic window . Hello and welcome to Business Live. For months, optimism about the Trump Presidency has been powering markets to record highs. But late on wednesday the trump bump turned into the trump slump as us stocks and the dollar suffered their worst day since before the election. Its down to growing concern that the president s promised tax cuts and pro business reforms may never materialise, as the white house battles one controversy after another. Lets show you the numbers. The Dow Jones Industrial average f
Protesters torched government buildings. Is the market already starting to price in his departure . Less than half an hour away from the european open and i am not sure if we will see ripples from brazil although that story is important and fascinating. Take a look at futures, up across the board here. This is after we had new records in the u. S. Yesterday, gains in youn stocks as well and so see european futures gaining here. Also take a look at the bund trade. We have the yield coming off fairly substantially so investors are buying german debt right now im a pushing the 0. 8. Down to zero blowing out the u. S. German spread. Pretty ridiculous, our guests said as the german yields need to come up. That is definitely not happening today. The li na. That is something to talk about having an impact on the euro rates as well. Greece is on offer. Look at the Greek Stock Market down 2 . Youve equities broadly bid. The bloomberg dollar index is down by. 2 of 1 and the yen is often the euro
Business report with sally. Another brazilian president on trial for corruption we tell you whats at stake as michel temer faces removal after less than a year in the job. Apple unveils its homepod so will this revolutionise your experience in the home or is this a poor attempt to catch up with its rivals . Welcome to World Business report. Im sally bundock. In a minute well cross over to our Asia Business hub to hear about toshibas efforts to sell its microChip Business. But first it doesnt seem like all that long ago we were talking about brazils meteoric rise to economic stardom as one of the so called brics. But all that has come crashing down thanks to a string of Corruption Allegations involving top politicians and companies. And it could all come to a head again later today as brazils Top Electoral Court resumes its trial against the countrys former president Dilma Roussef and her successor michel temer. This is how the economy has fared over the last five years. Since rousseff
Ticking. The u. K. Must make its position clear. Yvonne guilty of corruption, the brazil inquiry. We have world coverage on daybreak asia, we are live in brazil to discuss the fallout from the conviction of former president lula on corruption charges. Betty stateside it is all about Janet Yellens testimony. We will have full reaction within the next few hours. This is daybreak asia, live in new york. It is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. Here in hong kong. One and done for Janet Yellens testimony to congress. The focus has been on the fed inflation outlook. It was uncertain according to her. Someone, thete janet yellen market knows that she is back. According to how investors are interpreting this. Betty they sold some divisions. They will still continue on this rate hike path, maybe it will be pulled back just a little bit. There are others that doubt we will have a rate hike at all for the rest of 2017. Were leaningers more toward the latter part. Take a look
In good jobs news from the us. This is what europe is doing in the first half hour of trading. Fuelling demand for more gas. We speak to the head of one of the worlds oldest private Exploration Firms about keeping the lights on around the globe. And as new York Based Company Wework Annoucne A 500m Expansion In Asia let us know what do you love or hate about your office. Tweet using the hashtag bbcbizlive. They very warm welcome. A lot to get through, including things you like or maybe do not like about the state of your office with the news that wework is expanding. Prosecutors in south korea are demanding a twelve Year Prison Sentence for the heir to the samsung business empire. Samsung covers all sorts of businesses, a conglomerate made up of different entities and is caught in the midst of a huge corruption allegation. Hearing in Lee Jae Yongs trial, the prosecution said he was the ultimate beneficiary of the crimes. The Corruption Scandal brought down the countrys former president.