Has been held in london. Stay with us. Has been held in london. Stay with us. We will be back with the rest of the news of the date the first year is the business news. News of the day but first year is the business news. As toshiba prepared to give its earnings a day, weaves find out why japan getting crushed. And weve zoom in on the Online Market in india. Hello and welcome to Asia Business report. Fox climb has reportedly signalled it could launch a 27 billion bid for toshiba Chip Business. They are due to report their own inflated today after two previous delays. Toshiba is currently trying to sell off its prized Chip Business to cover losses from its troubled us nuclear unit, westinghouse. It is not the only Japanese Firm to struggle recently. These were the greatest brands in Consumer Goods for decades. Toshiba, panasonic, sony, he tai chi. So how did we end up here . First of all, the chinese and koreans came along and they can make these things just as all but much cheaper. Sec
Tick tock, were still waiting. After months of delays, japans battered toshiba may finally tell us its latest numbers and were not expecting them to be pretty. Were going to find out if this company will be booted from the tokyo stock exchange. And, alexa, start the car and turn the radio on. Yep, shes coming to a ford near you. The american car giant teams up with amazon and guess what . Were taking a test drive. Welcome to World Business report. If youve got eight minutes, stay where you are and i will give you an exciting snapshot of the latest in business and money. Starting with big troubles at toshiba. The company is expected to publish its result. With the waiting for a long time. The latest numbers will be for the last quarter. This comes after weve been waiting, because theyve already been postponed twice. The numbers are expected to be disastrous. Lets have a look. Recently, toshiba announced its losses. These losses would triple after the result of the difficulties faced by
Of a seriously ill eight month old baby are devastated after a high court decided doctors can withdraw their sons life support. Ill be back later but first, heres Sharanjit Leyl with Asia Business report. Toshibas troubles. The Japanese Firm risks a de listing after risking earnings without a sign of from auditors. And we find out what chinas latest Inflation Figures tell us about the countrys economy. Hello and welcome to Asia Business report, im Sharanjit Leyl. Toshibas shares are down more than 296 toshibas shares are down more than 2 at the start of trade in tokyo this morning, the conglomerate from japan could face delisting from the Stock Exchange after it listed results without the endorsement of an auditor. Its unprecedented for a majorjapanese an auditor. Its unprecedented for a major Japanese Firm, they an auditor. Its unprecedented for a majorJapanese Firm, they are going to sell their crown jewels, the Chip Business, to offset huge losses from its Nuclear Division in the us
Markets. And well be getting the inside track on one start up that is taking used batteries and giving them a second life. As the boss of United Airlines, we wa nt to as the boss of United Airlines, we want to know when have you wished youd apologised sooner . Just use the hashtag bbcbizlive. Welcome to the programme. As south africas president jacob zuma celebrates His 75th Birthday, the festivities may be rather more low key than usual. In less than a week, the countrys members of parliament are scheduled to hold a vote of no confidence against the president. Why . It comes after he ousted some of his key political opponents in a recent cabinet reshuffle. Today, members of the public are expected to take to the streets in protest at the move, but mr zumas decision also has big implications for the economy. South africa has been downgraded to junk status by two of the leading debt ratings agencies, fitch and s p. They argue that the reshuffle will hamper the countrys efforts to manage
Why, next was the fbi involved in this . The agency has 35,000 employees. Its got unmatched resources and expertise. Its the fbi. Why would it even consider going to a private investigator to do research on a President Elect . Keep in mind, this is not the first time the fbi has outsourced a major investigation. Recall that federal agents never examined the dnc servers after they were supposedly hacked by an outside party during the campaign. Instead, the fbi relied on the work of a dnc contractor this assured them that russia was behind the hacking. Why would the fbi do that . Did anyone at the Justice Department consider that hiring third party actors with unclear motives to conduct a highprofile investigation might be an Excellent Way for say foreign intelligence operations to sow chaos and promote their agendas . At the least without claims be colored by their natural desire
lot of this stuff and actually pay, use the taxpayers money to pay this british subject for this wacky repor