Bbc. Co. Uk news, and the news app. Now on bbc news, live to singapore for Asia Business report. The hong kong tests. Investors look to todays election result and tomorrows alibaba listing for clues on the territory future. The splinter net, the internet fracturing along us china lions. Lines. Good morning, as you. Hello, well. It is a monday. Glad you could join us for another action packed edition of alibaba. Im rico hizon. Lets start off with hong kong, because of huge week is starting for the city both politically and in the financial markets. This is the territorys Pro Democracy Movement has made huge gains in District Council elections, a major challenge to the embattled chief executive, carrie lam. The latest, lets cross over to hong kong and i am joined by my colleague, sharanjit leyl. Sharanjit, the hong kong stock market has opened for business. What sort of reaction are we seeing . Thats right, the hang seng is open and it is rising this morning. It was up i at the opening b
As china and america edge towards a deal. Also on the programme this is the man who is billions of dollars poorer after weworks dramatic fall from grace. Well assess how Masayoshi Son got it so wrong. Talking of offices is your workplace up to the job . Well get the inside track on the changing face of the workplace with a boss of a global architectural firm. So today we want to know are you happy with where you work . What are the benefits of your own space or an open plan environment . Let us know your thoughts. Just use the hashtag bbcworklife. A warm welcome to your friday edition of worklife. Today were focusing on the changing face of entertainment. And the force is with walt disney, the house of mouse, which has been expanding its empire and is about to enter the world of streaming. Money coming into disney or revenue was over 19 billion dollars up by more than a third on this time last year. It was boosted by its takeover of 21st century fox which now finally gives it all the r
The ride hailing firm uber has been in last ditch talks to extend its licence in london, after months of turmoil over its position in its largest european market. The companys full london licence was suspended in 2018, after concerns were raised about ubers policy on passenger protection and driver vetting. It also comes as uber battles huge losses and growing competition. In the us its biggest rival is lyft, though both firms are losing money. Latest results for lyft showed losses of 1i63m, compared to 1. 3 billion for uber. Thatis that is supposed to be 1 billion there at the bottom instead of1 million, so we will fix that graphic. Uber has also been investing in food delivery and autonomous cars, while lyft is concentrating on ride hailing. Meanwhile, French Company kapten was acquired by german car makers daimler and bmw. It now operates in the uk, france, portugal and switzerland, and plans to expand to 15 european cities by 2020. Estonian company bolt also has uber in its sights,
As growth slows to its weakest in a quarter of a century. And as Extinction Rebellion protestors descend on the uks capital, we find out how companies, not governments, are under intense scrutiny over their climate credentials. And well be getting the inside track on the s word, sustainability, its a business buzzword for yonks, but is itjust about Climate Change and why should Companies Care . Well find out later. Today, we want to know about e mail overload, should compamnies ban staff from work emails outside office hours . Let us know, just use the hashtag bbcworklife. Hello and welcome to worklife. A warm welcome to our new business show, and we start today in the uk where its cruch time for brexit. While Prime Minister borisjohnson is working out how he will sell his new brexit deal to parliament, businesses are weighing up how it could affect future trade between britain and the eu for decades to come thats if the deal gets approved. Mrjohnson has written an open letter to busin
Brexit delays. The Uk Parliament delayed a crucial vote on the new European Union Withdrawal Agreement on saturday and passed legislation that forced borisjohnson to send a letter to brussels asking for an extension to the october the 31st exit date. This morning, sterling slipped as global currency markets got the first chance to react. Thursday last week it had strengthened after the prime thursday last week it had strengthened after the Prime Minister agreed a revised deal with the eu. Our Asia Business correspondent Karishma Vaswani joins me now from our singapore bureau. Today, monday, once again, it is very unclear what lies ahead so the pound is losing some of that value. Yes, losing some of that value but not all of it. I think that is the main message that we saw from currency markets this morning when they opened up in asia. The first chance for investors to react to what happened in the uk over the weekend. I have to say, trading is usually slow and volumes are feena out in