Hello and welcome to the latest edition of eco africa the environment magazine. Coming to you from a show in austria state southwest nigeria im here to bring you new an Inspiring Stories on Environmental Issues from all over africa and europe but im not alone with me its my calling from kenya shout thanks mc im sat on the money and a very warm welcome to you this is what we have lined up on the show today. We join scientists who travel through the democratic republic of congo to find out more about its unique labs. We visit a supermarket that tries to reduce food waste by ignoring sobeit. We find out how a bunch of fans in south africa can help protect people from taking a bubble. Its no longer news that nigeria generates a lot of waste and the country needs challenges with high. How to manage this waste whether you are recycling or reusing. Challenge of managing the ways is there now across the country and across the world have had their ways can be turned to well we also have that wa
Oil producers hit and at extended curbs. They tell us the strategy is working. Ramy good morning, david, and good morning to our viewers across the asiapacific and around the world. What were talking about this whole weekend, the Government Shutdown. Right now, partial, but how total will it get . Looking at markets on friday, equity markets closed at record highs for the s p 500 and nasdaq , but we were talking in the past hour about whether it could hit gdp. It depends on how long it lasts. The longer it goes, the more pain we might see. David certainly. Will it affect risk sentiment . Maybe not, we look at indicators. By the looks of it, we might continue the run. Running,nd is up and have a look at the markets there, a jump up there. 8334 right now. The dollar is down again. We are moving slightly into earnings season. Look at australia, coming off a 40 skid for that market. Cents on the currency there. 288 on the yield, approaching the10year approaching gap for the aussie 10 year
Rishaad just looking at what is going on, you would think asian equities would be expensive relative to the u. S. They beat the s p 500. I want to bring up this chart. If anything, pricetobook ratio, and forward asiatoearnings spreads, stocks looking more attractive compared to u. S. Counterparts. Those spreads have widened to four. Nus there we have it. The rally could have legs. Fascinating its not just a more by you, but getting cheaper. Have not seen the political dysfunction in Washington Play out when it comes to the markets , and some jitters in the asian session. The last time we had a the lastt shutdown, three times, the s p 500 gained. Three, so wen day not just asian equities, but in the u. S. As well. Decisionsnk dominating the agenda, as well as u. S. Gdp. Sophie kamaruddin joining us now. Jitters. E do have asian stocks kicking off the session subdued. Japanese stocks are slipping as the boj policy decision is due tuesday. Lets check the open. We do have the taiex gaining
Up 14 on results this morning twitter a huge gainer this morning, well talk about its 8 pop. And then theres wynn, youve been hearing about that, a huge decline. Around noon eastern when news broke of Sexual Misconduct allegations against founder and Ceo Steve Wynn lets bring Contessa Brewer back in with some of the latest details on that. These allegations date back more than a decade and the wall street journal outlines a pattern of Sexual Misconduct by Ceo Steve Wynn the report details Sexual Assault bins manicurist who was later awards a 7. 5 million lawsuit and other forced sexual encounters with massage therapists and the like. Other sources tell cnbc that steve wynns behavior with employees was an open secret for decades in las vegas but they feared to speak out for fear of their jobs steve wynn said, the idea i assaulted any woman is preposterous then he goes on to blame his exwife, elaine wynn, for instigating the accusations. A statement from the company also blames her for t
Can see a brand new trading week has begun with spain edging higher. And gold its where nervous investors put their money in uncertain times, so why has this stuff lost its shine in the last few months . Well speak to the uks biggest bullion trader. And as one of britains biggest Property Owners predicts the death of the high street store, we want to know how much of your shopping do you do online . All of it . Orjust certain items . Let us know, just use the hashtag bbcbizlive. Welcome to the programme. It isa it is a critical week for spain with investors worldwide watching what happens in the next 2a to 48 hours. Over the weekend more businesses in catalonia said they are taking steps to prepare in case the region does try to break away and declare independence from spain. The Central Government has passed a decree making it easierforfirms to move their legal headquarters away from catalonia, with companies no longer needing share holder approval. One of the countrys biggest banks,