a firm date for its opening october 31st 2020 and the project will be 9 years overdue and a staggering $5000000000.00 euros over budget the opening has been postponed multiple times for reasons including contractors going bust planners dropping out and fire safety standards not being met now in 11 months for letters could finally see the 1st flight leave the tarmac although many will only believe it when they see it. including me and that s it for me and the business team you know of course find out about these and other stories online d.w. dot com slash business be sure to check us out on facebook and twitter i m stephen bears in berlin thanks as always for watching.
a revolution that we re seeing in that industry a couple of years ago actually a silicon valley startup called to robin hood started to offer free trading on their platform and now on october 1st child swap as the 1st big online broker followed suit and also offered trades for free and then the other big names had to follow so that means a lot of margin pressure and now there is speculation that child swap is intended to buy a t.d. ameritrade for $25000000000.00 this is not confirmed yet but that s what was all the rage here on wall street on the thursday session and how have markets been reacting to the changes in the brokering sector well we saw a mess of moves maybe 1st of all what is pretty interesting is that all the buyers all the potential buyers sheilds again
john thank you for your thoughts this morning. thank you very much of the other business stories making headlines around the world h.p. has an object in a takeover offer from xerox saying it was strong near undervalued xerox offered to buy the much bigger computer maker for 33500000000 dollars but age pieces it s still open to a merger and has hinted that it might want to buy xerox saudi state all company aramco could be said for the world s biggest i.p.o. the giant is planning on selling one and a half percent of the company valuing the i.p.o. and more than $25000000000.00 that would chinese e-commerce join ali baba s debut 5 years ago. the dubai air show is on the way and while the larger events in farnborough and paris may attract more visitors and exhibitors dubai has in recent years been the place where the biggest deals have been signed but setting more records this year is likely to be difficult. none of the
fines are something of a crossroads for the 1st time employees aren t being led by flamboyant co-founder jack ma he resigned as chairman in september the event also comes just as the company looks to raise up to $15000000000.00 in a hong kong share sale later this month meanwhile ali barbour s latest global bid for funds seems to have gone to plan. and that s all for business asia here on g.w. for me and the team member len as always thanks giving us company.
to asia so they want to have their own own solution and follow their own compasses also into the future because their economic ambition was also always linked to political ambition in the longer term to become one of the big world powers well china certainly managed to. lay out its own path and i m thinking about the events of in europe and with china recently we have a cron visiting beijing cutting a deal worth $15000000000.00 in terms of agreements you have germany talking and worrying about huawei and whether it should build out the 5 g. network in the country it s looking like european democracies have to have tough negotiations with a country they never thought of perhaps as being a tough negotiator yes absolutely i mean you have to see that if you look at all to the trade numbers for the last couple of years that china really has spread everywhere it is the big do you economic power throughout the 3rd world into eastern. europe as well and of course what they saw also in 1989 and