European union and britain breakdown in brussels. And from korean pop to Australian Marriage equality, twitter talks about the biggest trending moments in 2017. Good morning asia, hello, world. Thank you forjoining us for another exciting addition of Asia Business report. This morning will be watching the pound very closely in asian trade after brexit talks broke down in the final was hour of negotiations. The dispute over the status of the irish border has turned out to be a major sticking point. Theresa may broke off talks after the main party in the northern ireland, the dup, said it would not support a deal which gave significant concessions to the irish republic. Earlier i spoke to the former state secretary of denmark if the deal could be salvaged. Theresa may has violated the fundamental principle. Before you negotiate, you should set to your home base. Instead of doing so, she has struck a deal and then was overruled by Political Forces at home, in a humiliating way. That could
Retailer is aiming to help in the battle to cut that waste by continuing to sell food beyond its best before date. The east of England Co Op has 125 stores and will now sell dried and tinned foods for iop when they reach the date they are best eaten by. Our business correspondent, emma simpson has been to one store in colchester. Everything we eat has a shelf life, but would you be willing to buy food which is past its best . Plenty of shoppers at this Small Convenience store did, once they found out the price. They re iop, for a whole bag of pistachios. Oh, my life 10p. Right, yeah. Ill have them. Yeah . Got a deal . Yeah. Heres how it works. Any tinned or dried goods passed the best before date end up in these boxes at a knock down price, instead of going to waste. Labels can be confusing. The use by date tells you when a product is safe to eat. The best before label simply tells you when food is at its best. Its still safe to eat after the recommended date, and too much of it is end
Leemd into the car and made the driver go. You just spoke with police, right . We did. And they explained how this all began with a stolen vehicle out of the city of alameda this morning. I talked to the man who had his car stolen just after 6 00 a. M. At a gas station. He is not the only victim in all of this. Theres a carjacking victim from the high speed chase. It ended here. We were busy inside the shop working. Employees said they couldnt believe their eyes. It began this afternoon with a suspect behind the wheel of the chevy he ceekequinox. By phone, the driver of the stolen vehicle told abc7 news, he heard his car had been located and just wanted to get it back. He said he did not know about the highspeed chase. The suspect ditched the stolen car after colliding with this white bmw convertible and climbing into the passenger seat. It was only after the vehicle was pulled over and both subjects were taken out of the vehicle that we understood at that time, okay, this is a victim
Is this a buyal . Financials catching a bin today, up by more than 1 . That fear trade that really spiked volatility on the big sell off, we talked about how weekly futures had gone into backwa backwardation. Higher than the front than out the curve, that has reversed comple completely, so theyve taken b that fear out. Whether it was trump being impeached that caused people to hit the sell button. Thats gone now. Virtually vaporized. Were down to a vix barely holding in the 12s. Yeah. Did you buy . I was fully ib vest ed, so yu think about wednesday, it was really a oneday event. I think the market is telling us a few things. Number one, its not worried about whether trump carries on for a full fouryear term or not. Not getting into politics. Mike pence with a unified Congress Aint such a bad idea. The other thing, outside of the politics, is h fundamentally driven, this rally . Is it earnings or is there catch coming in from the sidelines and momentum . I happen to think its the latte
Is doing to prevent the same outages today. Good morning, everybody. Dont let the creeping sunshine fool you. It is already hot, muggy, and sweaty out there. Coming in today, i was like, as soon as you walk out the door, its that kind of heat. Its in the 80s at 6 00 in the morning. Woo it is warm out there. [ laughter ] its saturday, august, 13th. Im rob nelson. Im michelle charlesworth. Its good to have you back here. Toni yates is never borning. No shes not. Thats my girl. When is this heat going to break . Christmas . Not soon. We have at least two more days where temperatures are in the 90s and the feelslike temperatures are in the triple digit range again this for the feelslike temperature. I think sunday were right in the same spot. We really dont see a lot of relief coming in. Monday well take the temperatures down still muggy, though. This is a look into the battery. We can see the Empire State Building and one world trade. For the excessive heat warning, the hottest locations,