Dozens are missing, feared dead, after an avalanche engulfed a hotel for skiers in central italy. And a french win in record time in the Vendee Globe Race one of the Worlds Toughest sporting challenges. And coming up in Sportsday On Bbc News another Series Defeat for englands cricketers in india, as they lose by 15 runs in the second one dayer. Good evening. Donald trump is in Washington Dc tonight, on the eve of his inauguration as 45th president of the United States. The ceremony, on capitol hill, is expected to draw Hundreds Of Thousands of spectators to the nations capital, as mr trump takes the oath of office, before taking up residence at the white house. His Vice President , mike pence, said today that the Transition Team had been working flat out to ensure theyd be ready to implement mr trumps policies. Our North America Editorjon Sopel is in washington tonight. Thank you, and washington this evening is a city in a city undergoing profound change. Tonight, the obama is well spe
Into the white house we look at his plans to improve the us economy. And the latest Growth Figures in china will be scrutinised under worries of a potential trade war. Hello and welcome to Asia Business report. The big day is finally here. Dan norton ups inauguration and the many he is a controversial person to move into the white house and there is a lot of uncertainty as to how presidency will impact the economy. This was the moment democrats hoped would put that in check after financial crisis that led to the worst us recession since the great depression, president obama and the American People were eager to see regulations that would put limits on bad behaviour and prevent us taxpayers from ever having to bail out the banks again. But republicans have been attacking dog frank since its inception saying it has gone too far. Now they are in power, scaling back some of those rules is finally in reach. Bank lending has been impeded. We have practically zero Interest Rate yet gross dome
For the dow in the us. Well talk you through all you need to know. We will be getting the inside track on how our cities might look in the future when we meet the head of the Worlds Largest property fair. Today we wa nt Worlds Largest property fair. Today we want to know, do you love snatch at, or do you have no idea what it is . At, or do you have no idea what it is . Snapchat. Welcome to the programme. The programme is jam packed day, so we will make it as snappy as we can. We start on wall street where investors are gearing up for what could be the biggest and certainly the most hyped Technology Flotation since twitter in back 2013 or even facebook the year before. In a few hours time shares in snap the owner of photo messaging app Snapchat Will Begin Trading on the new york stock exchange. Will it end up a Stock Market Giant like facebook or like twitter a bit of a flop . The flotation has been hugely oversubscribed, allowing snapchat to up the price. Late on wednesday it priced it
Around the world many countries mark labor day today a day for celebrate celebrating workers and their contribution to society and an opportunity for us to look out what it means to work in the u. S. It Isnt Labor Day but a fresh jobs report means markets have and employment surge on the mind. Also on the show theres nine to five and then theres nine nine six we need a pair of chinese tax workers seeking to shake up the countrys nine to nine to six day working week. And whos the author around here we look at a startup in berlin where nobody is now and thats how they wanted. Welcome to do business and thanks for joining us now most european markets were closed wednesday for labor day but in the u. S. Its Business As Usual the Federal Reserve seems ive taken that to heart its held
on to the status quo and left the key entering Interest Rate unchanged and what it calls a Patient Approach amid Conflict Thing Signals in the u. S. Economy the fed has been criticized by u. S. President trump
Then go is widely believed to have committed suicide in 890. 00. The us fed leaves Interest Rates unchanged but leaves the door open for a later cut so what does that say about the American Economy and about the Central Banks independence from a pushy president. Also on the show the u. S. Hopes to bolster its coal power plants unveiling new rules that scrap of missions targets and will likely slow the ships renewables. And will take you to a school in a world gonna where the power of play is helping to keep the lights on. Welcome to business im Stephen Beard thanks for watching. The Federal Reserve has left the key lending rate unchanged in the 2. 25 to 2. 5 percent range but some fed officials apparently expect
a rate cut by the end of the year announcing the decision fed chairman Jerome Powell pointed to concerns over weakening Global Growth and volatile International Trade relationships just a day ago similar preoccupations prompted the European Central bank to signal that its ready