Has arguably never been greater. Now on bbc news all the latest Business News live from singapore. All refineries assess the damage left behind by the third major storm to hit the coast in more less than two months. And the biggest tax reforms in india. Welcome to Asia Business report. It isa welcome to Asia Business report. It is a brand new week with a new devastating storm. This time at least 30 people in Central America we re least 30 people in Central America were killed before the Hurricane Irma sped across the us gulf of mexico were more than 90 of oil output remained shut. Instead of rising warriors, Oil Prices Fell on oversupply concerns. Looking ahead to the week, the Us Federal Reserve will release minutes from his previous meeting on wednesday and later this week, china will release its trade figures as well. We will be watching further. I asked why prices closed down. One of the things that boyd oil market is talks ofa things that boyd oil market is talks of a production e
Also coming up this hour. World champion Lewis Hamilton will miss this weekends grand prix in bahrain after testing positive for coronavirus. Good morning. Talks about a possible rescue deal for the Department Store chain debenhams are expected to come to an end today following administrators being called into sir phillip greens Arcadia Retail group the biggest holder of concessions at debenhams outlets. Arcadia brands are sold across Debenhams Stores and account for about £75 million of its sales. The last remaining potential buyer for debenhams, jd sports, is expected to back out of a rescue deal which is pushing the Department Store to the brink of a terminal collapse. The shadow business minister, lucy powell, said arcadias uncertain future had been worsened by the coronavirus pandemic. It is an incredibly worrying time for the 13,000 people who work for arcadia and as we are hearing, potentially those who work for debenhams as well in the knock on. It is really clear that the pro