Wiped out the last of its gains made for the year so far. Some of the heaviest losses came in from the big tech stocks which sent the Nasdaq Composite to a Market Leading Loss of nearly 1. 9 . Shares of chinese real estate Giant Evergrande jumped by 28 as trading resumed in hong kong, after being halted last week. We will put up those figures for you as well, and as you can see the debt laden Developers Stock market valuation has fallen by almost 99 sincejuly valuation has fallen by almost 99 since july 2020. Valuation has fallen by almost 99 sincejuly 2020. We should also point out that it is a penny stock at this stage, just to put those numbers in context as well. 0ver to put those numbers in context as well. Over the last year, it has come to light that the Evergrande Company is the worlds most indebted developer, with liabilities at over 300 billion. But its not alone. 0thersmaller over 300 billion. But its not alone. Other Smaller Developers have also defaulted on their debts, le
Businesses think of the Election Results. New Research Suggests that confidence has fallen because of the Political Uncertainty following the election and concerns about brexit talks. I will be talking about it with Business Leaders. Just weeks after he was elected president of france, Emmanuel Macron is on course to secure another stunning victory, this time in the countrys parliamentary elections. In sport, mixed emotions for wales. They take a point in serbia but yet another draw in world cup qualifying onlyjust keeps alive their slim hopes of qualifying for next years finals in russia. Cheese that grows on plants and fish fingers made from chicken, well find out where some children think their food comes from. And carol has the weather. A breezy day ahead. Particularly windy across scotland and north east england. We have showers, many will fade and many of us will have a dry day. I will have more details in about 15 minutes. Good morning. First, our main story. Theresa may will to
Community apart. In the past few minutes the Deputy Assistant commissioner of Scotland Yard said the attack was an attack on london and all londoners. Barry cavan free is at the scene. You can see the police cordoned just behind me, the police cordoned just behind me, the police vans and all the officers have been here since the early hours. The local community here in Finsbury Park, extremely upset and worried, some of the people ive been speaking to, telling me they cannot believe it happened on their part, where they live. Home secretary amber rudd describing this asa secretary amber rudd describing this as a Terrorist Incident, you can feel in the community here are the anger and shock from all of the residents and everyone. Barry caffrey reporting. A nationwide one minute silence will be held at am this morning to remember the victims of the Grenfell Tower fire. It comes as police said they will give a revised figure for the number of people presumed dead, which currently stands a
The World Economic forum in davos to get the inside track on how the worlds biggest institutions are dealing with the challenges of Cyber Security. The chief Technology Officer at Bank Of America will be joining us. Also Cambridge University is recruiting a professor of lego. So we want to know if the ubiquitous Building Blocks are now more than just childs play . Are you a Master Builder . Let us know. Just use the hashtag bbcbizlive. Today, for the first time ever, a Freight Train from china will arrive in the uk. It wasnt intended as a symbolic statement, but with the british Prime Minister now confirming the uk must leave the european Single Market, the trains arrival does illustrate that post Brexit Britain may need to look further afield for its trading partners. Theresa may used her much anticipated speech yesterday to announce the uks priorities for upcoming brexit negotiations. Leaving the Single Market means britain will lose the right to trade with the European Union without
Blustery diet on the roof of Broadcasting House and across the uk we have early showers. Blustery start. For others even windy and more wet weather on the way. The Weather Forecast for the whole weekend coming up. Thank you. Good morning. First our main story. A chaotic handling of personal Data Breaches is undermining confidence in the governments ability to protect the uk from Cyber Attacks. Thats according to the commons public accounts committee, which says ministers have taken too long to consolidate the Alphabet Soup of agencies tasked with stopping attacks. Our Home Affairs Correspondent Dominic Casciani reports. The russians have engaged in Cyber Attacks against the us. The russians have engaged in Cyber Attacks against the us. The president ial campaign rocked by a hack. Hillary clintons team were targeted in a cyber attack. The resulting leak of staff personal e mails was devastating. But it is not just e mails was devastating. But it is notjust us e mails was devastating. Bu