Has died aged 79. He killed five children and teenagers in the 19605. We cross to singapore for the latest business news. Singapore Airlines Earnings are due out later today. It is still a great way to fly. A windy proposition in the philippines, but will the ousting of the Environment Secretary change its target for renewables . Good morning asia and hello world. It is a tuesday. Glad you could join us by Asia Business report. Im rico hizon. It is Southeast Asias Biggest Airline group. But Singapore Airlines is dating increasing competition. Some a nalysts dating increasing competition. Some analysts suggest the carrier might soon go into debt for the first time in more than a decade. So will profits take off or Hit Turbulence this time round . Here is a forecast. I think they will come out with a decent profit when the numbers come out. They have strong cash flow. They have very deep pockets, and very strategic view of what they wa nt to very strategic view of what they want to do in
Now on bbc news all the latest Business News live from singapore. Heres rico. A Mining Company makes the biggest investment in australia ever by an Indian Company but where is the funding going to come from . And find out how an executive behind japans most popular Search Engine feels up for a busy day. Fuels up. Vaticanjoined us vatican joined us for this vaticanjoined us for this midweek edition. Shares of adani jumping 9 in more by Trading On Tuesday after news that the adani group is going to go ahead with its controversial coalmine project in australia. Mumbai. There are still many u na nswered mumbai. There are still many Unanswered Questions about this project. After a lot of hurdles and delays, adani is moving ahead with the project but there are still a lot of questions that remain unanswered. The biggest one of them, how was adani going to finance this project . The total cost of building this coalmine is 12 billion. Adani is in no position to finance this project internally
Jobless claims. That comes in at 8 30 eastern time. First time filers are seeing falling to 295,000. Also, cbs and dish network are locked in a fierce battle with a deadline of 7 00 p. M. Tonight. If an agreement isnt reached today, cbs is ready to pull its channels from dish in some of the nation aes biggest markets. Andrew. Thanks, becky. Here is whats going on. Disney boosting its annual dividend by 34 to 1. 15 a share. That company posting a record profit and revenues for the last four years now. The stock is up more than 20 just this year alone. Best buy is now selling a struggling China Business to a five star to a domestic real estate farm there. The retailer says it wants to focus on its north american operations. Terms of that deal not disclosed. And aeropostale plans to cut some stores. That Company Offering a weak forecast for the current holiday quarter. And earnings beating the street. That Company Offering a weaker fullyear outlook. Staying on the retail theme, pbh warnin
About. Really get five minutes and it took up the balance of his time to explain the concern of the cadillac tax and im hearing about that at home as well. It is yes or no, ms. Tavenner will you undertake to review to rethink that to engage those with whom you work to rethink that and maybe go back to the drawing board warda cadillac tax and to make a work for all americans. The president has been clear he would be willing to work with congress to make improvements. Thankyou for that. In the unguarded moment in the statements that he considered to be a false lead but among them is the adn that Health Care Spending in this nation is the lowest increase in 50 years. I was surprised would you comment on that, ms. Tavenner . Based on the Health Care Expenditure report last week that our office did it is the lowest trend of Health Care Spending it is one of the lowest of 2013. And expenditure is that the alltime low. There is not a lot that is refreshing to talk about aca and recrimination
Until 2018. So now what i see is some players are running away for the health care obligations because now there is a 40 tax over the limits established of the aca. I have four really good employers that sam will be killed that they are trying to get out they are reorganizing and cutting companies and half so now i have the unions and those that were in favor of this bill asking you to repeal it. I am a union member a former Union President and i have the union saying repeal this. Fortunately for me i voted against it. Unlike some people i actually sat down and read it. I had a full staff whole big me with questions. Helping me with questions. So people thought they would benefit. How do i fix this so previously good employers would continue to reduce that . Because they all work 52 weeks a year they get laid off, of bad weather, a broken time so they needed the format to provide for their families to get Health Insurance and now these employers are running away from their health care