More on our web site bbc. Co. Uk news and the news app. Now on bbc news, live to singapore for Asia Business report. Feeling the pain of an expense that garbled. Doesnt gamble. Softbank reporting its first quarterly loss after a decade after bailing out wework. Hoping to make progress on an eu china trade deal. Its wednesday good morning, as are, hello world. Lad you could join us for this edition of Asia Business report. Im regular hes on. Lets kick off the programme with softbank because it is expected to report its first quarterly loss for a decade. It bailed out wework recently. The firm, which softbank now controls has plummeted from 50 billion in value tojust 8 has plummeted from 50 billion in value to just 8 billion in 2019. Vivian nunes has more from new york about softbank latest challenge. From my property to a humiliating bailout, wework faced a cash crunch last month and still softbank came to the rescue. Now investors will be looking at how much damage wework has caused to
London. Stay with bloomberg. We will hear from the owner of home to alberto cant adore and one of the most innovative voices in professional cycling. And we will be talking to Novak Djokovic the day after he beat Roger Federer to reclaim the number one ranking. That is coming up later on in the program. Frances finance minister has occurred euro area governments to bolster the euro in International Transactions to counteract the dominance of the dollar. This comes after the bank was fined nearly 9 billion in sections violations. We spoke to him and an exclusive interview. We sell ourselves aircraft in dollars. Is that really necessary . I do not think so. Airbus can sell in euros. It would create stability for airbus and air france so that we can avoid this exchange rate. Can the euro be an alternative to the dollar considering that 60 of the Central Banks are in dollars . Can diminish financing costs in our economy by laboring by labeling more and other currencies. This is not a fight
Eddie Vedder played two intimate concerts in his hometown of Seattle at Benaroya Hall on October 23rd and 24th to bring support to a cause that is near to his heart – EB Research Partnership (EBRP).
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