To back the bell and set to publish their own support program. Force johnson orders the u. K. Into a three weeks lockdown, sweeping new laws to breakup gatherings and fine any dissenters. Taylor meantime, i want to bring you some breaking news coming out of china. Their companies are having the worst quarter on record, according to china. The headline as it catches my eye, the economy has not gotten better as much as we thought they would be returning to work. It looks for the first three months of this year, a Quarterly Survey of all the firms, it looks like every individual sector was reporting worse results than originally thought. Saleswas a widespread in amid the harder hit retail sectors. The collapse in revenue and profit. Again, Economic Activity collapsed in february. This is as we knew that there was the massive virus spread that was going on. I think the key headline is Chinese Companies continuing to have the worst quarter on record. Every individual sector reporting worst
And you can get all the latest on all our stories on our website, thats bbc. Co. Uk news. Analysis and in depth reports from oui correspondence analysis and in depth reports from our correspondence around the world. Now on bbc news live to singapore for Asia Business report. 737 max family pay outs, 11 months on from the first of the two fatal jet crashes, boeing starts accepting compensation claims. Amazonian action, the boss of the Brazilian Company on why he is calling on the president to change his rainforest policies. Good morning asia, hello world. Tuesday, glad you could join us world. Tuesday, glad you could join us for another exciting addition of Asia Business report. Lets start off with boeing because families who lost relatives in the two fatal 737 max air crashes can now submit requests max air crashes can now submit req u ests to max air crashes can now submit requests to receive just under 145,000 each from the company. My colleague has the latest on this development. Th
Products like coal and timber, but in not all restrictions have been restricted. Some remain on items like lobster and wine. I spoke to clive russell, who explains whats changed between beijing and canberra. The Centreleft Labor government was replacing the right wing government. That allowed a reset of relations between beijing and canberra which had been rocky. There had not been benefit for other party from the action china took. It cost china a lot of money to buy coal and barley from other places, so it wasnt really a win for them and it didnt hurt australia as far as australias miners were able to find alternate markets and didnt suffer that much at all. You said some tariffs remain but there are other sticking points in a relationship so is it possible they could go back to where they were or is a relationship on its way to recovery . China will always have difficulty with human rights and democratic freedoms and things like that. It is well understood by both sides who come fro
erin burnett outfront starts right now. outfront next, trump s pressure campaign, the former president wants nikki haley out calling her bird brain and questioning her fancy clothes and says he doesn t get mad. he gets even. haley is defiant and is live at this hour. 14 people on board a plane killed and questions behind who was behind that crash, and a passenger notices missing boards on a plane of a wing that was board that had was ready for takeoff. tells the crew and the flight was cancelled. why didn t the airline notice it first? he s my guest. let s go outfront. good evening. i m erin burnett outfront tonight, trump bullying haley. trump calling her a bird brain who can never lead and is bullying on gop leaders is working. they are all getting on board. listen to the chairwoman of the rnc who had once vowed to stay neutral in this race. i m looking at the math and the path going forward, and i don t see it for nikki haley. and that just follows repu
record more than a year ago. the dow and nasdaq also closing higher. i spoke to tribeca investment partners, who told me what s driving the rally. 2024 we re heading to a good start. certainly, the investor optimism has returned after the first couple of weeks of a little bit of weakness. investors have decided 2024 is going to be a year where interest rates will head lower locally and the economic activity will slow down but not as bad as feared previously, so all that combined, it s good to see the nasdaq pushing higher, led by big tech, and everybody else heading the right way. big tech we re hearing some good things, some lay offs as well? sure. i do think big tech is going through for 2024, certainly they ve had a great start, but i do think they will slow down somewhat because of the things you talk to. their earnings were slowed somewhat because costs are higher. i do think that the ai related sectors within the big tech will do betterjust because there s a pheno