Now on bbc news all the latest Business News live from singapore. The worlds biggest retailer walmart offers a pay hike just before laying offers a pay hike just before laying off hundreds of workers. Is the bubble bursting . Bitcoin falls as south korea plans are trading ban. Good morning, asia, hello, world. Glad you could join us for Asia Business report. Starting with walmart and mixed messages from the worlds biggest retailer. It was initially good news for President Trump when he said he would give more than 1 million staff a pay rise thanks to his tax reform bill. Wages would be increased from 10 an hour to 11 and there would also be a 1 off bonus of 1000 for staff who have been at the company for more than 20 years. But shortly after the announcement it was revealed that the firm is shutting down dozens of its wholesale shops and laying off hundreds of workers. Puppies as reporter in new york said other companies have offered similar things. Weve heard it from airlines, and oth
Briefing you on all you need to know in global news, business and sport. And you can be part of the conversation. Tell us what you think. Just use the hashtag bbcthebriefing. Donald trump has abandoned his plans to visit britain next month. The us president had been expected to open the new American Embassy in london. British sources have expressed disappointment, but say other options are being looked at later in the year. Dan johnson reports. After nearly 60 years flying above Londons Grosvenor square, the stars and stripes were lowered this week ready for the opening of the new us embassy. It is a 1 billion building on the southbank, and donald trump was due to officially open it next month. Now, we know he wont. Some sources say the president did not wa nt to sources say the president did not want to be associated with 0bama period project, late and over budget. 0thers suggest he just didnt fancy the long journey. What about the so called special relationship . Theresa may was the
With the biggest gambling losses. A warm welcome to the programme, briefing you on all you need to know in global news, business and sport. And, as the likes of facebook, twitter, google are grilled about extreme content on their platforms, were asking how should these Companies Police the web, or should they be regulated . Join in the conversation, send your comments to hashtag bbc the briefing. The Catalan Parliament opens today for the First Time Since the regional separatist government was dismissed in october last year for attempting to break away from spain. Three separatist parties are now attempting to re form a Coalition Government following the snap elections in december. On the eve of the scheduled opening session, thousands of people attended a rally in barcelonas city centre in support ofjailed catalan separatists. Our europe reporter gavin lee reports from barcelona. The Catalan Parliament where the only official business for the last two months has been clearing the cobw
Through the challenges facing the worlds second biggest economy. A warm welcome to the programme, briefing you on all you need to know in global news, business, and sport. And you can be part of the conversation. Tell us what you think of the stories we are covering. Just use the hashtag bbcthebriefing. Britain will commit to taking more migrants from calais, especially unaccompanied children, at an anglo french summit today. The uk is to boost its contribution towards border controls in france by 50 million euros. Theresa may will conclude a series of agreements with frances president Emmanuel Macron. Todays summit of the two leaders is being seen as the most important for several years, as our diplomatic correspondent, james robbins, reports. This summit is very deliberately being held at sandhurst, britains military academy of officer cadets. The venue underlined the fact that britain and france are the key military powers in europe, used to working together and today committing to
Could be on her way out of the Australian Open in the second round. Bernarda pera has just, Australian Open in the second round. Bernarda pera hasjust, in fact, wrapped up that title. She hasjust won it in straight sets, knocking out prisons johanna won it in straight sets, knocking out prisonsJohanna Konta. Won it in straight sets, knocking out prisons Johanna Konta. Johanna konta, remember, was a semifinalist two years ago and a quarter finalist last year, that is british number onejohanna last year, that is british number one Johanna Konta out last year, that is british number oneJohanna Konta out of the Australian Open. All the details and Live Commentary on the website as well in the meantime. On to football in england, chelsea are through to the fourth round of the fa cup, but they were taken all the way to penalties by championship side norwich city in their replay at stamford bridge. It ended 1 1 after extra time. Chelsea finished the game with nine men, after pedro and Alvaro