Close. Thousands of troops will remain in the country. Hundreds remain stranded on a ferry in the adriatic sea after it caught fire. Rough seas and heavily rain are hampering rescue efforts. In the week ahead, well look at some of the most compelling stories of the year at this hour the search resumed for another missing plane that took off from Southeast Asia. Here is what we know. Airasia flight 8501 disappeared more than 24 hours ago. The airbus a320 left surabaya in indonesia, encounter Severe Weather 40 minutes into the tripe near the island of belitung island. The pilots asked air Traffic Controllers to change the flight path, but lost contact. 162 were on board. Veronica pedrosa has more. Reporter from air and sea a search for airasia qz8501. The airbus a320 was carrying 162 from surabaya to sink singapore. 42 minutes after take off it loft contact. Translation i hope for a miracle. I should have been with them i cancelled two weeks ago. I had two friends on board with five fami
Neighbourhood. Right now in Southeast Asia the search effort is resuming for yet another missing jetliner. Airasia qz8501 took off from indonesia a little more than 24 hours ago. It encountered heavy weather about 40 minutes later. Air Traffic Controllers were trying to divert it and thats when they lost contact. 162 people were on board the flight so far there has been no sign of them for the plane. Veronica pedrosa as more. Reporter from the air and at sea an intense search for missing flight airasia qz8501. The airbus a320 was carrying 162 passengers and crew from the indonesian city of surabaya to singapore. 42 minutes after takeoff the aircraft lost communications with air Traffic Control. I hope for a miracle, may god save them all. I should have been with them i cancelled two weeks ago as i had something to do. I have two friend on board with five family members. Those with relatives on board have been demanding answers. The weather conditions were not good. We dont want to spec
Biggest annual drop in dollar terms. Industry group api will release its data today. And in global news petro bass could be declared in technical default on some of its foreign debt. Some bondholders want petro bass to speed up its losses in that giant corruption scandal. So a lot going on this morning. Mr. Kernen. It was down yesterday. In the second place. Here it is. In Corporate News the shares of civio today. The small Market Cap Company about to get smaller. The Oil Field Services provider warning the First Quarter and full year revenue numbers will fall well below analyst estimates. The company suspending its dividend and announcing plans to cut its workforce by 45 in the United States and 30 in canada. The ceo blames big cuts in Capital Spending by major oil companies. The first time weve ever led with it, but thats why. Because we are going to be watching. It doesnt matter the size at this point. Well be watching it for any of the ripple effects from whats happened. The crude
From current levels. An end to the horror story, promising to protect Bank Deposits in next months elections. What this greece would mean for europe. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Now, a press conference by airasia is under way after indonesian authorities confirmed bodies and debris from the flight have the spotted. These are live pictures youre seeing right now at the moment and we will bring you more from that press conference if and when we get them. For now, lets join martin sung who joins us from Singapore Airport. Good morning, wilfred. Were monitoring that press conference. Europe wakes up to extremely sad news out here in asia. We have confirmed reports that at least one body has been recovered from the search area by search and rescue teams and unconfirmed reports said several other bodies have been as well. These were of course a part of the 162 passengers and crew on board, airasia 8501 which went missing comi
Holiday weekend, the controversial movie earning 18 million with the bulk of it coming from digital downloads. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Now the Vice President of indonesia has been giving a briefing in the last few minutes related to the missing airasia jet. He said that earlier reports that came about two hours ago of an australian plane sighting debris. The Vice President of indonesia says they cannot confirm whether it was spotted in the search zone for the missing jet. The search is not easy with the bad weather that is present currently at sea and fishermen have been asked to participate in the search for the jet. Well go out to martin who is live at singapores airport with the latest. Martin . Reporter hello, folks. The Vice President of indonesia was speaking on television as we speak saying the search has been widened and hes trying to get indonesian fishermen to get involved in the search. The first point you raised t