Now on bbc news all the latest Business News live from singapore. Heres rico. A Mining Company makes the biggest investment in australia ever by an Indian Company but where is the funding going to come from . And find out how an executive behind japans most popular Search Engine feels up for a busy day. Fuels up. Vaticanjoined us vatican joined us for this vaticanjoined us for this midweek edition. Shares of adani jumping 9 in more by Trading On Tuesday after news that the adani group is going to go ahead with its controversial coalmine project in australia. Mumbai. There are still many u na nswered mumbai. There are still many Unanswered Questions about this project. After a lot of hurdles and delays, adani is moving ahead with the project but there are still a lot of questions that remain unanswered. The biggest one of them, how was adani going to finance this project . The total cost of building this coalmine is 12 billion. Adani is in no position to finance this project internally
Swallowing up five smaller rivals. Will the new mega bank be able to compete globally . And it is the final countdown, singapore turns of its two G Wireless Network this weekend, rendering old phones useless. 2g. Its a friday, everyone, good morning, asia, hello, world, thanks for watching the Asia Business report, im rico hizon. Does bigger mean better when it comes to Financial Institutions . This weekend five indian banks will begin the process of merging with the state bank of india. Its already the countrys largest bank but after the merger it will be one of the largest in the world. The government hopes the move will clean up the system and get banks performing again. We ta ke and get banks performing again. We take a look. Hsbc, bank of china, bnp paribas, Jp Morgan Chase they are some of the largest banks in the world and now an indian bank will bejoining their ranks. The state bank of india, indias largest Public Sector bank, is merging with five subsidiaries. It will create a
And on that note, this week weve been asking for your questions about brexit we plan to answer them later on in the show. Keep them coming in. Just use the hashtag bbcbizlive. Welcome to the programme. With article 50 now triggered, negotiations on the uks departure from the European Union have begun. But this is notjust about what britain wants the brexit deal depends significantly on what the eu is prepared to give. In the next few minutes Eu Council President donald tusk will present the european guidelines for the brexit negotiations. So, what kind of terms can we expect from the eu . National parliaments of the eus 27 Member States will have a say in any future eu uk Free Trade Deal, plus consent by the European Parliament. Any future Free Trade Deal between the European Union and the uk is highly unlikely until the United Kingdom leaves the eu in 2019. There are Three Million eu citizens currently in the uk. The eu will want them to stay, keep theirjobs and have a right to health
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
Top Gainers and Losers today on 30 May, 2024: ICICI Bank, Axis Bank, Tata Steel, Tech Mahindra among most active stocks; Check full list here livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.