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
Not much more to say than that, just encouraging people to take those two minutes to reflect for those who gave so much for their country. Champions Manchester City, sees them go 8 points clear at the top. History repeating england win their t20 decider against new zealand, after another super over. Also coming up in the programme. Hannah cockroft sets a new world record to win her fifth consecutive t34 100m title, at the world para athletics championships in dubai. In the tennis, Novak Djokovic is still on form as he seeks to regain world number one status at the atp finals. Hello and welcome to sportsday. We were expecting a premier League Thriller at anfield and we got one top of the table liverpool, put the champions Manchester City in their place today with a 3 1 victory. The reds have Won Every Game at home this season and are now 8 points clear of 2nd place. Nick parrott reports. It is a fixture that has seen controversy off the pitch and intensity on it. Manchester city were fe
The end of mothercare on the high street. The retailers 79 uk stores alight. He was spotted leaving with a box of violators and the alarm was will close as the Company Calls in the administrators. Raised by a friend. The 23 year old talks are under way to protect the future of the brand pleaded guilty to arson with intent and the pensions of thousands of staff. A Champions League thriller to endanger life at Canterbury Crown at Stamford Bridge, as chelsea come court. Ransom up to £10,000 are from 4 1 down to draw 4 1; against ajax, in a game that going to be made available to help had the lot. Improve and conserve the landscape of the high wheeled in sussex. The scenic trail goes on for 145 miles singer dua lipa gives us her take on the pressures and people are close to come forward facing a generation. With practical projects which could support habitats and wildlife. The deadline for applications for funding from the london trust is social media can be such an amazing much next year
Right to apologise. The green party will promise to invest £100 billion a year for a decade to rid the uk of fossil fuels, as it launches its campaign. We have to make this investment if we are going to tackle the Climate Emergency and we have to make it now rather than in ten years time. Well bring you the latest election developments live from downing street throught the programme. Im anita mcveigh. The other stories this morning. The trial of the man accused of murdering british backpacker Grace Millane begins in new zealand. A bbc investigation finds that prosecutors used evidence provided by so called paedophile hunters in more than 250 cases against suspected abusers last year. Marks spencer says it is rapidly pushing ahead with its turnaround plan after news of a half year sales slump. Eight goals, two red cards, two penalties, and two own goals. And an amazing second half comeback. Chelsea hold ajax to a dramatic 4 1; draw. Well have the full report in the sport later this hou
The two historical allies also reached deals aimed at boosting cooperation to develop artificial intelligence, semiconductors and green technologies. Meanwhile, biden and kishida brushed off a dispute over nippon steels offer for us steel, saying the issue was not a majorfactor in their discussions. Wendy cutler, a former acting deputy us trade representative, said the us and japan have benefited from maintaining close ties. Absolutely. I think both sides come into this summit confident and both the president and Prime Minister and their Press Conference underscored the huge two Way Investments that are moving between the two countries. The us is the largest fdi partner injapan and vice versa. Japanese companies are making huge investments in the united states, and this just serves to bring us closer, particularly with respect to strategic us closer, particularly with respect to strategic and advanced technology products. Now, the Biden Administration is also actively in talks with chi