Its true business the Worlds Largest oil conglomerate saudi aramco has raised twelve billion dollars with its First International bond issue high demand is seen as a good sign for a planned initial Public Offering but the company has delayed several times now it is currently planned for next year according to crown Prince Mohammed bin salomon who oversees business at saudi aramco he and his country have come under fire following the murder of saudi journalist Jamal Khashoggi in october but investors appear to be looking past that and a focusing on profits again. Lets bring in comrade who is in our correspondent in frankfurt whos following this story very closely conradt first of all just clarify for me if investors are suddenly turning a blind eye or have suddenly forgotten all about this murder case of a saudi journalist. Ben i think its fair to say and safe to say that
investors are moving on you know last year when this murder happened a lot of Business Leaders were very eager to cr
U. S. Officials voiced optimism over their and dissipated trade deal with china but trade policy remains the biggest source of uncertainty looming over the markets also coming up one womans mission in nigeria to get female entrepreneurs on their feet and as San Francisco bans the sale of the cigarettes we look at how big a blow the move is to big tobacco. Im chris called rambling good to have you with us and we start the show with a figure 10 percent according to some u. S. Officials thats whats left to complete a trade deal between the United States and china and the stage for ending the now year long dispute is set and u. S. President donald trump will meet chinas leaders at the g. 20 summit in japan later this week. President Set Off For Osaka with many hoping he would take the steps needed to resolve his Trade Disputes with china his treasury
secretary says a deal with beijing was 90 percent done when talks collapsed in may now theres optimism among World Leaders that the remaining
Then go is widely believed to have committed suicide in 890. 00. The us fed leaves Interest Rates unchanged but leaves the door open for a later cut so what does that say about the American Economy and about the Central Banks independence from a pushy president. Also on the show the u. S. Hopes to bolster its coal power plants unveiling new rules that scrap of missions targets and will likely slow the ships renewables. And will take you to a school in a world gonna where the power of play is helping to keep the lights on. Welcome to business im Stephen Beard thanks for watching. The Federal Reserve has left the key lending rate unchanged in the 2. 25 to 2. 5 percent range but some fed officials apparently expect
a rate cut by the end of the year announcing the decision fed chairman Jerome Powell pointed to concerns over weakening Global Growth and volatile International Trade relationships just a day ago similar preoccupations prompted the European Central bank to signal that its ready
Facebook says it wants to empower billions of people yet again and now its fledgling cryptocurrency libera faces more scrutiny from both sides of the atlantic also coming up find out what happened to nike ambassador calling kept her name criticized a controversial new line of sneakers and well take you to sunny portugal over the aagaard the region wants to reduce its dependence on travel savvy brits amid looming bricks. Welcome to the program. U. S. Lawmakers have urged facebook to halt its cryptocurrency plans they want time to investigate the risks libera poses to the Global Financial system it comes as regulators in europe call for closer scrutiny a senior official of britains financial watchdog says the issues raised require deep thought and detail. Introducing lead for
a new global currency designed for the Digital World facebook has promised finance for the future with its new Crypto Currency and im saying its arrival Mark Zuckerberg said libra would empower billions of people ev
What happens when one of your Famous Brands of vassar those goes rolled on your own product. This is business as. Well. Plans for a new tax on plastic bags in indonesia looks set to be delayed lawmakers have decided to put back a decision to confirm government proposals and loses 700000. 00 are thought to go through almost 10000000000 plastic bags each year making at the worlds 2nd biggest contributor to Plastic Waste in the oceans the government is proposing an excise duty of just over 2. 00 per kilo or less than 0. 02 a bag it says legislation remains on track to be introduced this year despite the latest delay. Lets go to asia finance correspondent. In a plastic is a global problem but also lots of it comes from the philippines vietnam china and
conceptual other countries dumped more than half of the 8000000. 00 tons of plastic ways that end up in the oceans every year according to a report from 22017. 00 a is there enough awareness of void in plastics in the whole region. Well ther