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
Main markets in europe, all eyes are on the bank of england later for its decision on Interest Rates. And well be getting the inside track from one of the worlds biggest Computer Software companies on how it keeps everything from banks to transport systems and the internet running despite offering its products for free. Today, we will be speaking to the boss of one of the worlds biggest softwa re boss of one of the worlds biggest Software Companies. We want to know if you are willing to pay extra for technical support, or even for the knowledge that you are secure . Get in touch, use the hashtag. Hello and welcome to business live. Welcome to the programme. We start with the worlds Biggest Social Network it keeps getting bigger, more profitable. And more controversial. Facebook has announced record profits and another big jump in the number of people using it. That will only fuel the debate about the power of the network and the content that appears on it. Mark zuckerbergs company made
Reducing the number of tax brackets from 7 to 3. The Administration Says it will boost the economy and help close the budget gap. The republicans have avoided responsibility of paying for their tax cuts. The president s tax plan would also eliminate the estate tax. Critics. Entire plan say it could add trillions to the deficit. Groups protesting today in San Francisco say the tax plan should focus on lower income workers. The demonstrators will gather at noon at the federal building. So when is Congress Expected to vote on a bill . Reporter michelle, thats still up in the air. But the initial deadline was august but the Administration Says they are hoping to get something done by the end of the year. Michelle . All right. Jessica, thank you. As lawmakers analyze that tax proposal, republicans in the House Freedom caucus officially endorsed the latest plan to repeal and replace obamacare. The revised measure aims to give states the chance to limit coverage for preexisting conditions an
Pressure on freight rates remains challenging. If the demand is over expectation, then you have a squeeze for a quarter, that will go away. Lets look at Telekom Deutsche telekom eking out a beat and telefonica benefiting from currency gains. All right. Good morning to you. We have a busy day ahead of us. Its the trifecta day for the b ofshgs boe today. The stoxx 600 is off by 0. 2 . Not doing much in early trade. A mixed session. This is after we saw a low volatility trade in the u. S. Session. Slight improvement in the asian trading session. By in large fairly uninspiring. Once again its all about corporate earnings. Lets check out deutsche post, they are trading lower after missing expectations. Rising only 1. H4 . The company warned the price environment remains challenging. The ceo said a rise in freight rates continues to prove a headache for the company. Revenue is very much strong, strongest Revenue Growth for a while. Which shows the economy is strong. We have challenges in one
Either an a star or an a grade, almost 3 up on last year. Now on bbc news all the latest Business News live from singapore. The Worlds Largest personal computer maker lenovo faces a shrinking market and higher cost for parts. And as some of the worlds biggest cruise ship causing super sized environmental problems . Are some of the. Happy friday. Good morning, world. Glad you could join us. Im rico hizon. The worlds biggest computer lenovo is reporting tough times. The company returned a profit earlier this year, even though there was a drop in pc shipments. The computer maker has been losing in its Mobile Division as well as rising component cost. Lenovos chief executive is hoping the Chinese Market will help the company maintain its leading decision. Earlier i spoke to someone from tech 460 tv. The pc market right now is more than just pcs and la pto ps, we right now is more than just pcs and laptops, we are looking at new areas of Virtual Reality and even wearable tech. The pc market