Business news live from singapore. Foxconn announced a ten Million Dollar investment to build a Manufacturing Plant in the united states. On facebook reports a major bump in profits. Hello and welcome to Asia Business report. I am sharanjit leyl. To Asia Business report. I am shara njit leyl. Taiwanese Electronics Manufacturer foxconn Just Announced plans to build a Flat Panel Screen Plant in the united states. At an elaborate Press Conference in the white house a short while ago, foxconn said it is investing million 10 million. I asked our correspondent how big a deal this is for the us economy. President trump campaigned on the idea of bringing Manufacturing Jobs back to the united states, especially in americas heartland. So certainly from his perspective, and from his bases perspective, this is a really big win. You see this is a really big win. You see this Company Coming in, investing 10 million, that is going to create 3000 jobs, and is just 10 million, that is going to create 3
On t. W. And on mine. This is it really was a lawyer from berlin the worlds Nuclear Watchdog confirms that iran has upped its enrichment of uranium to iran says it surpassing women stipulated in the 2015 nuclear deal after losing faith in the signatories to stop the u. S. Sanctions also coming up ukraines president of lot of years olinsky hosts e. U. Leaders for the 1st time in kiev to discuss the conflicts in the eastern part of the country. Very warm welcome to the show everyone the United Nations Nuclear Agency says it has verified that iran has breached Uranium Enrichment level set down in the 2015 nuclear deal on the European Union says it is extremely concerned by terence actions and has urged the country to reverse course on monday iran announced it had broken the richmond limit tehran once more european support in the face of tougher u. S. Sanctions. And u. S. Vice president mike pence has just been talking about these developments take a listen. Iran should not confuse america
The but. The at the at. The arrow at. The base is the w. s lines are from back to crunch time for us to left on their non incoming president of the European Commission to european lawmakers vote in a few hours time on our executive team shes expected to get more she wants the 1st show to exclude European Parliament were taking a look at light take 2 is that shes a 1000 mapped out
a vision of president s who go cross the line to eat washington to st. I am. I am obliged i have a home free glad you could join me well we can cross straight over to strasbourg now as we await the address from the incoming e. U. Commission president on the line and at the parliament that is all Brussels Bureau chief max hoffmann good to see you max now does fund the line have the numbers for how commission. She has the backing of course of her own party the conservatives European Peoples Party although there were some hiccups in the past this time it looks like there is unanimity at least thats what their lea
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