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On private jets from the man fled madagascars civil war as a child, but soared on to sell planes to the worlds top Business Leaders. And, as always, wed love to hear from you about any of the stories were covering. Just use the hashtag bbcbizlive. Welcome to the programme. Now mexico seems to be the most important foreign country when it comes to Donald Trumps in tray, now that he is us president. And in a few hours time, mexicos economy and Foreign Ministers are set to meet some of his top trade officials in washington as they try to keep border open for trade. And the mexicans appear to have conceeded that to do that. There will have to be changes to the Nafta Trade Deal which also covers canada. N0w Presi ....
Report. Going going gone the Chinese Investor is hungry for business in europe and the us but billions of Dollars Worth of deals are cancelled we reveal why. A new white knight for takata but investors are not impressed so what now for the japanese airbag maker . Welcome to World Business report. Im Sally Bundock also in the programme more us tech giants submit their legal documents condemning trumps labour restrictions. The political events of 2016 may have ignited an unprecedented period of uncertainty for the Global Economy but one thing that appears to remain unaffected is the growing appetite of Chinese Investors. Last year inflows into the us incre ....
Behind this recall, and the cause of this recall. it s going to be astronomically expensive. they re recalling 100 million air bags, potentially, and it seems like takata is unlikely to escape unsullied by this financially at least. they re looking to sell about $1.5 billion worth of assets to key safety systems. that s a u.s.-based chinese owned company. that will not be nearly enough to cover the losses of potential carmakers. if we talk about prime minister modi, he is going to be meeting with president trump later today. he was meeting with about 1 00 u.s. ceos over the course of the weekend, including tim cook from apple, jeff basos, jamie diamond. they all seem very positive about what he had to say. it s no great secret, of course, that the business climate, not particularly positive at the moment. another story we re watching when we re talking about tech ceos. the founder and the current ceo ....
They are headed south of the border to monterey, mexico. this argdco to the president of the local union who says, the jobs, they are still leaving. nothing has stopped. carrier did receive a $7 million incentive package from the state to keep the plant open, and employ roughly 1,000 people. the white house said friday that the job cuts in question, they were long planned and nothing new. this news comes a day after the ford motor company announced it will move production of its focus model to china months after pressure from the trump administration resulted in its cancelling its original plans to move the plant to mexico. let s turn now to business where japanese airbag maker takata has filed for bankruptcy stemming from lawsuit and recall costs. cnbc s villa marks joins us live. that airbag recall has been linked to the deaths of at least 14 people, but also having a massive toll on the corporation itself. yeah. i mean, it s been linked to deaths, and the real scandal is that ....
Style. an employer may not make an applicant s religious practice confirmed or otherwise, a factor in employment decisions. of course we re still waiting landmark decisions from the justices. whether there is a constitutional right to same-sex marriage and whether subsidies the irs extended to millions of americans in an effort to make their mandatory health insurance more affordable will stay in place. the law says the subsidies will be awarded and set up their own ex changes but more than 35 of them chose not to. those decisions are due by the end of this month. bret? two huge cases. shannon, thank you. airbag maker takata will no longer use ammonia nitrate which was linked to six deaths and spiked a massive recall. the discovery of a root cause for the deadly defect is not imminent. safety or privacy, security or freedom? finding a balance. ....