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
Perspective of some the major events in history in witness at 2 30. That includes the partition of india in 1947. Good afternoon and welcome to bbc news. The metropolitan police has confirmed it has paid compensation to the former chief of the Defence Staff field marshal lord bramall, and the family of the late home secretary lord brittan, who were both falsely accused of child sexual abuse. Both men were named a by an informant known as nick whos now being investigated for allegedly perverting the course of justice. Angus crawford reports. They were horrifying allegations, of a paedophile ring at the heart of the establishment, but they all proved to be false. During 0peration midland, police raided the homes of the former chief of the Defence Staff lord bramall, ex home secretary leon brittan, and former tory mp harvey proctor. All on the say so of this one man, nick, whose real identity cant be revealed. But a scathing review of the investigation found nicks credibility wasnt proper
To the authorities in london. Not fit to have its licence renewed. Is it the voting power of black cabbies that did it, or genuine concerns about safety and integrity . Meanwhile, the biggest eu country is about to have a big election. I am in berlin where we will have reaction to theresa mays speech and where of course they are facing a general election on sunday which is expected to bring a far right party into the German Parliament for the First Time Since the war. Hello. The press and half the government went to florence today, which was meant to provide a pleasing backdrop against which the Prime Minister could set out the latest on brexit. Sadly, theyd booked one of the dullest looking rooms in the entire city for the Prime Ministers speech. So, what about the contents . Could that live up to expectations . Well, on britains long term goals from brexit, not much there. Theres been a lot of talk about canada vs switzerland or norway as models for our new relationship. The pm said
Hello and welcome. President Electjoe Bidens announced a key appointee to his administration. His longtime aide ron klain will be his chief of staff. He served in a similar role during mr bidens vice presidency. Meanwhile, georgias top election official says the state will conduct a recount of all paper ballots cast in the election because the margin is so close. But he says there is no sign of widespread fraud. Our correspondent, peter bowes, joins me from los angeles. Lets just start with joe bidens key appointment. This is someone journos extremely well. Yes, he is a long time washington insider as well and a key appointment. Often described as the gatekeeper for the president , the chief of staff as the person who determines who is in the meetings, an important meeting. He is the person who will call the president in the middle of the president in the middle of the night if there is a crisis. He does have a lot of experience as a chief of staff are to biden and his Vice President g
Rage from doing permanent damage to oui rage from doing permanent damage to our republic. The framers built the senate to keep temporary rage from doing permanent damage to our republic. Mr president is that we will do when we in this president breaking impeachment. I hope we look back on this note and say, at this busy day the fever began to break. I hope we will not say, is just the beginning. Call of the chair. Senator Mitch Mcconnell theyre wrapping up his closing and talking almost the same but from a different point of view saying that there was a Conspiracy Theory but it was that President Trump was coordinated with the russians and that is something that the democrats never really got over and said the democrats always wa nted over and said the democrats always wanted to impeach this president. Got the divergent stories, from democrats, republicans, defending donald trump and an abuse of trust trying to deny the vote and remove the president from office. And that is the way it