This is the business briefing. Im sally bundock. Deadly heatwaves, wildfires and flooding the catastrophic impact of Climate Change now the un chief focuses on our failure to curb fossil fuels. And fear, pain, disappointment, helplessness and torment, words of huaweis financial chief meng wanzhou penned on the First Anniversary of her detention. And Financial Markets in asia have started december on a bright note better than expected news from chinas Manufacturing Sector boosting optimism in the region. We start with the spate of deadly heatwaves, wildfires and floodings that made calls to fight Climate Change more urgent. The Un Climate Conference gets under way in madrid today, the cop, or conference of parties will see almost 200 countries attending, as well as business leaders. But its a mammoth battle the big target from the Paris Agreement signed three year ago aims to limits Global Temperatures increases to 1. 5c above pre industrial times. Now the cost is huge, too. Advanced ec
Territory for the fourth day in a row. Energy stocks leading the advance as oil surges to a threeweek high, closing up more than 5 , marking its biggest gain of the year. A lot of news to get to. Im Melissa Francis in new york. This is after the bell. Connell im Connell Mcshane live once again in beijing and today were getting a firsthand look at the view from china. Speaking to folks here on the ground what they really think about the trade war with the United States and the perception of American Companies, especially apple. As the tech giant considers moving some of its production out of china. Melissa. Melissa first we begin with breaking news and fox Business Team coverage. Gerri willis is on the floor of the new york stock exchange, blake burman at the white house, and Edward Lawrence is at the Canadian Embassy in d. C. Lets star with blake. Go ahead. Reporter melissa there is a pretty big meeting going on right now not only in the white house but inside the situation room to be
Hello and welcome. The National Party convention in us politics is generally a boisterous, rousing affair never more so than in a president ial election year, as the partys nominees are confirmed. For donald trump it would be a vital platform in his bid to win a second term in the white house. But with a spike in coronavirus cases in florida, where the convention was due to take place next month, he has called the whole thing off. Mr trump said he would give a speech ahead of us elections as planned, but in a different form. The bbcs north america correspondent david willis reports. President trump had wanted nothing more than to accept his pa rtys nothing more than to accept his partys nomination in front of a packed arena stop the coronavirus has now put paid to thatis coronavirus has now put paid to that is that has to so many other aspects of american life. So the delegates are going to north carolina, and they will be doing the nomination. And were going to do some other things wi
Experts confirmed that a new virus that emerged in the city of wuhan can pass from human to human. The outbreak has now spread to more cities in china and the wider region, with more than 200 cases confirmed. Meng wanzhou, a top huawei executive, has appeared in court to fight an attempt to extradite her from canada to the us. Shes wanted there on charges including fraud and breaching sanctions against iran. And video from a part of the New South Wales coastline is doing well on our website. Its glowing bright blue in a natural phenomenon caused by algae. They light up when theyre disturbed, creating this beautiful effect. Thats all. Stay with bbc world news. And the top story in the uk the cost of high speed rail link
hs2 from london to manchester and leeds could rise to as much as £106 billion, thats triple the original budget. The figures come from a leaked review into the project. More on our website bbc. Co. Uk news and the news app. Now on bbc news, live to singapore for Asia Bu
For Asia Business report. Plenty more about prince harry and his decision to step away from royal duties. The extradition hearing from huaweis chief Financial Officer mum onejoe begins huaweis chief Financial Officer mum one joe begins in huaweis chief Financial Officer mum onejoe begins in canada. The apple gathering of business and politicians opens in davos. Good morning asia, hello, world. It is a monday. Meng wanzhou was up lets begin with us china relations and the case at the heart of it, the extradition airing from huaweis chief officer, meng wanzhou, start ata canadian chief officer, meng wanzhou, start at a Canadian Court in vancouver later today. Remember, she was arrested in december of 2018 and the request at the request of the us and she has been accused of misleading banks about why wes dealing with iran. We have all the details. Potential villain or political pawn. That is when meng wanzhou arrives political pawn. That is when meng wa nzhou arrives her extradition trial