President trump prepared to give the verdict on iran tomorrow. A new strategy as allies urge restraint. Betty it did feel like restraint in the equity markets. We saw it touched slightly lower. That is raising questions about whether markets are vulnerable to a sharp pullback. , whichook at g btv 1138 shows you the brett breadth of the market. It is the equal weighted indexes in the blue and white lines. That evens out the in influence on the index. You can see the breadth of the market. Falling, hashis is fallen consistently and emerged with europe. It looks like a rally we see in europe, much healthier than here in the u. S. Which goes to the point many people say. Which is, we are richly valued and are due for a correction. Yvonne we are seeing a freeze in this melt of stocks in wall street today. It is no surprise, given the euphoria we have seen today. The big story was the banks. Betty it was the banks. We will talk about jpmorgan and citigroup in a moment. Lets see where the ind
We start with the growing scandal surrounding harvey weinstein. Police in new york and london have now stepped in, launching their own investigations. The hollywood producer is facing multiple allegations of rape, sexual assault, and harassment. He denies all accusations of non consensual sex. In his first Public Comments, he said everyone makes mistakes and asked for a second chance. Stars including Emma Thompson and jane fonda have spoken to the bbc about the allegations and the film industrys reluctance to speak out. Our correspondent david willis reports from los angeles. Harvey weinstein is admitting he needs help. In his first Public Comments on the widening sexual abuse scandal, he said he made mistakes but hopes for a second chance. More than 20 women, among them Angelina Jolie and gwyneth paltrow, have now spoken out. The latest is british actress kate beckinsale, just 17 when she claims weinstein first harassed her. Who are the women that he preyed on . Young women. Meanwhile
Investment destination, iran has been enjoying a post sanctions boom. But will President Trump spoil the party . Plus, recharged samsung says its profits tripled in the past three months as it puts last years exploding phone scandal behind it. Welcome to World Business report. Im rachel horne. We start in iran, where all eyes today will be on us President Trump. In a few hours time, hell give a speech outlining his new strategy towards iran. He has strongly hinted he will remove his support from the 2015 deal that lifted sanctions in return for iran halting its nuclear programme. Congress would then have to decide whether to reimpose sanctions. That could put the us at odds with europe. The uk, france, and germany are firmly in favour of keeping the iran deal in place. European firms like peugeot and airbus are all doing business in iran. The big prize, of course, is energy. Iran has the worlds second largest gas reserves and fourth largest oil reserves. Injuly, the French Energy giant
Global debt to trade talks, will be getting the inside track with Business Correspondent Andrew Walker. Airbnb is stepping up the threat to Traditional Hotel operators by announcing purpose built apartments in florida. Today we want to know. Do you rent out a room in your home . And if not why not . Let us know. Just use the hashtag bbcbizlive. Hello and welcome to business live. We start in iran where focus today will be on us President Trump. In a few hours time hell give a speech outlining his new strategy towards iran. He has strongly hinted he will remove his support from the 2015 deal that lifted sanctions in return for iran halting its nuclear programme. Congress would then have to decide whether to reimpose sanctions that could put the us at odds with europe. The uk, france and germany are firmly in favour of keeping the iran deal in place. European firms like peugeot and airbus are all doing business in iran the big prize of course is energy. Iran has the worlds second largest
Channels and 1,000 videos were likely linked to moscow. However, it says the viewership of those videos was low. Lets kick it off with breaking news. Industrial production numbers for september, coming out, blowout numbers here on the year on year figures. 8. 4 for the month of september. The estimate was for 4. 8 . Month by month though seeing a mills. Still seeing quite a bit of resilience. Especially when it comes to year on year. This is the highest weve seen in four years on the factory side of things for korea. Well see how things fare, but really seems like this data may just fall in the shadows of all that is happening with this drama when it comes to the manafort indictment. Testimonies under way pretty soon, as well as that phasingin of the tax reform. That could be the big culprit, why we did see that pullback when it comes to markets. Lets look at how things are faring here in asia so far. On the back drop of all that, we are seeing a little bit of green here on the index 5