As always we have lots more on our website. But now its time to catch up website. But now its time to catch up with mariko in the Asia Business report. Dodger downsizing. One of the worlds because banks is slashing its workforce by 20 . Digital goals well bring you the highlights of the world cup for robots. Good morning and welcome to this monday addition of Asia Business report alive singapore with me, mariko oi. Lets begin with one of the worlds biggest banks. Deutsche bank has confirmed it will cut 18,000 jobs over three years. It is pa rt 18,000 jobs over three years. It is part of a radical reorganisation of the german lender which is drinking its Investment Banking business. It hasnt said wherejobs its Investment Banking business. It hasnt said where jobs will be lost, but with almost 8000 staff, london is the home of its biggest trading operation. There, our reporter katie austin reports. On a fairly long list of long term problems the german bank had been facing, falling share
On investors mines. Minds minds. Thousands of staff at Deutsche Bank are worried about their jobs, after confirmation that up to 18,000 posts worldwide are to be cut over three years. Its part of a radical reorganisation of the german lender which is shrinking its Investment Banking business. It hasnt said where jobs will be lost, but with almost 8,000 staff, london is the home to its biggest trading operation. Our Business Correspondent katy austin explains why the cuts are being made. 0nafairly long on a fairly long list of long term problems, the german backhand bead we re problems, the german backhand bead were falling share price, Money Laundering scandal. It had been widely expected to cut back its underperforming investment operations and today it is announced a radical reshaping plan which will see it significantly reduce its Investment Banking arm are stopping many of its Share Trading operations was up along the way, 18,000 jobs will go as a result, globally. That will go as
All change in greece after a snap election, but what are the economic challenges facing the incoming Prime Minister . European markets look like this at the start of a new trading week. We will have the details of all you need to know. And, getting an early taste for business. We meet the former teenage entrepreneur who began selling ice cream at the age of 15 and turned that cash into a pizza chain. Today we want to know, with prom season in full swing in the uk and parents splashing out on their kids for the big day, are we taking this american tradition too far . Should we indulge our children . Let us know just use the bbcbizlive. Welcome to the programme. It was once the worlds biggest Financial Institution. But now Deutsche Bank has confirmed one of the biggest overhauls at an Investment Bank since the aftermath of the financial crisis. Its confirmed that 18,000 jobs are to go over three years as part of a restructuring plan. That will ultimately cost 7. 4 billion euros or 8. 3 b
Tiktok facing an uncertain forwn banning the social media app tonight, growing concerns here y area who say any restrictions would hurt their bottom line. So i would attribute maybe 25 of my income coming some pushback tonight tiktokd and im mike mibach. Ulie haener today, the house of targeting the widely popularl social media platform, citing National Security concerns over its chinese parent company. This bill would block tiktok from Us App Stores if its Ownership Structure joey horta joins us here in studio. He spoke to some bay those creators, they rely onoey, tiktok building up this audienct theyve got going on to make their money. Anduthose creators we spoke to, they say they do this as a full time job, and hurt their small business. This is how in oakland. n andrew De Los Santos is a professional social media content creator in San Francisco. I had one tiktok video that went viral. Hes against banning tiktok. His clients hire him to do their marketing on social media, including
Due to roadwork, the latest on the progress as crews work to get it open in time for the monday morning commute from fox two news this is mornings on two and to you. Sp welcome to mornings on two. It is sunday, march 17th im Claudine Wong. uhappy sunday to you claudine im james torres here. Of course it is Saint Patricks day. We want to start off by taking you straight out live to dublin, ireland. Aulive picture youuhere from earth things are. Its around 2 p. M. Their local time and were not done looking at all things Saint Patricks day, of course, and coming up in just about 15 minutes. Well have a live interview from dublin with a travel expert somewhere in that mess. In that mess of people who are very happy to be in that mess of people. I think. And the weather looks good. So a good day to be out there celebrating Saint Patricks day. The weather here looks good. Meteorologist rosemary oroczo watching all the temperatures a fabulous weekend, right . When it comes to being able to ge