And this is a Business Update tech firms are lining up to go public you could soon be buying a slice of the likes of spotify and dropbox analysts say the market for initial Public Offerings is that cold could total two hundred ninety billion dollars and twenty eighty but the biggest i. P. O. Expected isnt a newfangled startup. If Saudi Arabian oil mommas goes ahead with its sponsors sell five percent of its shares on Global Financial markets it will be the largest i. P. O. In history with up to one hundred billion dollars that could happen in the second half of the year. What music streaming platform spotify is doing is somewhat less than and. Its a direct listing avoiding raising capital and diluting already existing shads spotify has already raised more than a billion dollars from private financing in fact Many Companies are flush with private financing and dont need stock market cash right sharing company lyft just got a billion dollar injection from google parent out for that but i
Also alarming. When i to up to my boys to make sure theyre ready for school to get on the bus and in two minutes. Chad pergram on the nonurgency urgency. They have to fund the government by 11 59 59 friday night. They did one in september, two in december, this would be the fourth one. Otherwise the government shuts down on the oneyear ankers versery of President Trumps inauguration. It comes down to math. You have a couple of key issues. Defense spending. Defend hawks want an increase in defense spending. Democrats say if you go for that we have to have increase in nondefend spending. Daca is the big issue here. Republicans dont have the votes to avoid a Government Shutdown. Mac thornberry is the chair of the Armed Services committee. He didnt think there would be the votes to avoid a Government Shutdown on republican side of the aisle unless they had agreement in place. If they turn to democrats, look at the vote breakdown, pat tiberi, the republican congressman from ohio he resigns
Donor conference has raised more money for aid but has fallen short of its target also coming up britains Prime Minister to resign may delivers a positive report to parliament about the progress of braggs the talks well take a look at one town in the u. K. Where people cannot wait to leave the European Union. Its good to have you with us the United Nations says it is a textbook example of ethnic cleansing hundreds of thousands of rohinton muslims facing persecution in violence in me and more and fleeing to neighboring bangladesh now every day brings more refugees across the border and bangladesh needs urgent help to cope almost a million refugees from ian mars. Rock on stage are now in bangladesh more than half arrived in just the last three months most of the refugees are children and mondays Donor Conference in geneva brought the total amount raised to help the ranges to about three hundred and forty million u. S. Dollars that is still short however of the four hundred thirty million
Sportsday but first, look at what else is coming up on bbc news. Will moz the monster be a winner in the retail was asjohn lewis unveiled its festive advert. Mark kermode takes us through the latest film releases. And can your children learn the bits of bytes of Computer Science at school. More than half is due to scan study the gcse and we find out if they are being left behind. Now it is time for sportsday. Hello and welcome to sportsday im Jessica Creighton. Coming up on the programme. Well be live at wembley as we build up to england hosting their old rivals germany. Englands catherine brunt strikes late in the day to leave the womens ashes test finely poised. And englands manu tuilagi wants to break the silence on the issues he and other rugby players from the Pacific Islands face, when they move to europe. You have got to work to earn a living, and if you dont, you end up on the street. Thanks forjoining us. Lots to come but well start with football. England manager Gareth Southg
The acting labor secretary, Naval Operations chief and commandant of the marine corps were on capitol hill this morning to brief members of the Senate Armed Service committee addressing concerns about readiness and modernization. The hearing runs about two and half hours. The fiscal year 2018. I want to thank each of our witnesses for their distinguished service to the nation, as well as the sailors, marines and surveillance they lead were serving around the world today and recent months our nations senior civilian military leaders have testified to this committee about the severe threats we face around the world. The report shortfalls in readiness that our military has advantage over our potential adversaries is eroding and the dire need for new modern capabilities. Yet, as secretary matus testified here on tuesday, the greatest immediate threat that our military bases is right here in washington, fiscal uncertainty, continuing resolutions, arbitrary and inadequate caps on defense spe