The first person tried on charges of rigging the libor interest rate. Former ubss a trader. The panel deliberated a week and concluded he schemed with other traders to fix the libor, the london interbank offered rate. We will have more on this story coming up later in the hour. And for the first time in five ks, the greeks talk market the Greek Stock Market is open for business and prices quickly collapsed. Banks fellwo major 30 , that is the maximum allowed daily loss. June. Trading halted late meanwhile, the commission there isson says serious deterioration in the greek economy. Hundreds are dead because of usled airstrikes against islamic state. That is the conclusion of a Group Monitoring the iraq the attacks in iraq and syria. The airstrikes started a year ago, and the coalition is not commenting, though it has previews acknowledged causing to the civilian deaths. Two civilian deaths. Matt trying to provide assurances that the u. S. Isnt wavering after landmark agreements with ira
And london. This is bbc world news. Its newsday. Good morning. Its 7am in singapore, midnight in london and 7pm in the evening in washington, where President Donald Trump has been singing the praises of china in sharp contrast to his campaign rhetoric. In an interview with the american cbs network, the us president said he was in constant touch with president xijinping, and believed he was putting pressure on north korea to rain in its leader kim jung uns nuclear ambitions. The relationship ive had with china, its been already acclaimed as being something very special, something very different to what weve already had. On north korea, mr trump warned that a conflict with the country could kill millions of people. But he had some surprising words of praise for Supreme Leader kim kim jong un. Dealing with obviously very tough people, in particular the generals and others, and at a very young age he was able to assume power. A lot of people im sure tried to take that power away, whether i
Inauguration late last week. Im very proud of that. Very proud of that. The Business Community and the labor community, you saw that with the labor leaders that came out. One said it was the single greatest meeting i ever had with anybody. Its the highlight of my life. The dow on top of it just hit 20, first time in history. Im very proud of that. Now we have to go up, up, up. We dont want it to stay there. Vice president mike pence tweeting the dow closes above 20,000 for the first time in history. U. S. Economy is being unleashed under President Trump. Lets get you caught up on whats going on. We have a 30 billion pharma deal. Johnson johnson buying actelion for 280 per share in cash after weeks of exclusive talks. We talked about this transaction before. A 23 premium to its Closing Price yesterday. Both companys boards have aprefapref approved that deal. Today is the busiest day of earnings season, 38 companies in the s p 500 reporting results along with three dow components. Before
Now for the latest financial news, with Sally Bundock and World Business report. Microsoft, amazon and expedia team up with Washington State in a bid to defeat president trumps travel ban, saying it is unconstitutional and damages the economy. More fines for Deutsche Bank, this time for its connections with a russian Money Laundering plan. Welcome to World Business report. Im Sally Bundock. Also in the Programme Shares in sony fall during trade in tokyo. Rico will have the details. But First Technology giants are ramping up their battle against president trumps travel ban. Washington states Attorney General is filing a lawsuit arguing the ban, which covers seven countries, is unconstitutional. Amazon and expedia have both made Court Submissions on how the Executive Order is impacting their businesses. Microsoft is also backing the lawsuit which aims to overturn the travel ban, and will even testify if needed. And it is notjust tech firms. Fords chief executive, mark fields, has said we
A bit chilly, im afraid, wouldnt you say . And it Stephanie Ruhle is not a bit chilly, it is bloody freezing outside. You might the canadian and used to this, i cannot stand how cold it is. But if anyone is going to talk grand theft auto, it is this girl. Really . Just kidding. [laughter] starting this mornings show with japan. The Prime Minister is trying to hisue his economy and economic policy. He is dissolving parliament this week and calling for early elections, also delaying a second sales hike. The first tax increase is being blamed for sending japan into his economic policy. He is dissolving parliament this week and callingrecession. He wants his plans debated during the election. I want to make it clear for the debates during the general election whether our economic policies are right or wrong or if there are no other choices available for us. Be ont to make japans imagel trial. Eike batista is also on trial, at one point he was the richest man in brazil, the seventh wealthie