Close on wednesday. The stock has soared more than 90 this year alone this off the back of enthusiasm that al will boost corporate profit. The question is will als big spenders, the likes the question is will als big spenders, the likes of amazon, microsoft continue to place orders and drive sales and Profit Growth . Or is that trajectory beginning to ease . Wall street is betting the chipmaker will exceed expectations. In other news, Pixar Animation Studios known for producing classic films like toy story, is laying off roughly 14 of its workforce. This is part of broader restructuring by Parent Company walt disney, and reflects a move away from the production of original content for the disney plus streaming service. Instead, pixarwill refocus on feature films. These layoffs follow similar cuts made injune last year. To another big story we have been covering newsday. A Singapore Airlines flight was hit with severe turbulence causing the death of one passenger and injuries to several
Continues we will tell all. And the inside track on Donald Trumps Business Week later. You can get in touch with the Programme Using the just use the hashtag bbcbizlive. We start in the us where car giant Fiat Chrysler is denying it faces its own dieselgate scandal just a day after volkswagen was fined more than 4 billion for cheating emissions tests. The us regulator the Environmental Protection agency is accusing Fiat Chrysler of failing to disclose emissions software, at least eight different types, installed in thousands of its diesel vehicles. Epa says the software allowed the cars to exceed Pollution Limits and pump out higher levels of harmful nitrogen dioxide. But the companys boss says it did nothing illegal. So how big could this be . The investigation involves Thejeep Grand Cherokee suv and dodge ram pickup made in the last three years. That adds up to more than 100,000 vehicles the vast majority sold in the us. The epa says Fiat Chrysler could be liable for fines of up to 4
By 494 votes to 122, and now moves to the house of lords. Now on bbc news, all the latest Business News live from singapore. Press rewind. The us and japan. And flying high, indian carriers are expanding their reach in aviation. Good morning, asia. Hello, world. Im rico hizon. Thank you for investing your time in Asia Business report. Its a thursday. We start off with japans prime minister, shinzo abe. He has his work cut out for him when he meets with us President Donald Trump tomorrow. This is important symbolically. Shinzo abe is the first asian leader to meet the new us president. The sta kes a re to meet the new us president. The stakes are high. President trump has had direct criticism ofjapanese companies and japan. It has put them on again. Last month he criticised toyota motors. They said they would invest more in america. The fall in the yen is a reflection of the relationship between the us and japan in the 1980s. Are we in for deja vu . There is a huge difference between wh
Ukraine is going into the final round of its president ial election many ukrainians are still struggling to make ends meet but well show you one of the few economic sectors that keeps people from looking abroad for better opportunities also coming to the United States is piling the pressure on cuba as it struggles to cope with problems relating to ally venezuela and sleeping near the office Young Professionals in the uk are dealing with high rents and long commutes. Because cobra merlyn good to have you with us ukrainians go to the polls on sunday in the final round of the countrys president ial election corruption and long low Living Standards are among the defining issues now as real incomes fell in recent years millions of people voted with their feet looking for work in the European Union one industry thats bucking that trend is i t allowing young ukrainians to earn european wages while staying at home. Its not hard to understand why millions of tourists make their way to libby and
Stuck in a debt trap malaysia tries to renegotiating a better deal for a pricey rail project with china. Lets do business hes ok has finally reached the man at the top martin. Is on his way to court his company manipulated diesel emissions tests on millions of vehicles around the world it got around environmental regulations cheating motorists into thinking they were buying greener cars the Public Prosecutors Office in the germans had found five is charged into court and for other executives with fraud the scandal blew up in september twenty fifth scene a few days later into corn resigned has always denied any personal involvement in
the affair which has cost the comic a billions of euros in fines. To frankfurt for a financial correspondent. Is this the moment that the critics have been waiting for. Oh yes been absolutely it is this is a great day for many people here who are part of this whole Deal Gate Scandal in one way or another if you think about it for many it was really persona