Lots more on all of our stories on a website, you can even try the bbc news app, but now lets go to singapore for Asia Business report. Shinzo abe becomes japans longest serving perimeter, has his Economic Programme been a success . How the boss of mozilla, the Company Behind the firefox web browser, is taking on big tech. Its wednesday good morning asia, hello world. Glad you could join us for an action packed edition of Asia Business report. Im rico hizon, lets kickoff the programme with japan because this morning we had that exports flipped by 9. 2 in the month of october compared to a year ago levels. And this comes on the same day that shinzo abe passes the milestone of becoming the countrys longest serving Prime Minister. His time in office has been marked by his centrepiece Economic Programme called abenomics. For more on this Economic Revival Initiative from the Prime Minister, imjoined now Economic Revival Initiative from the Prime Minister, im joined now by my collea g u es P
The worlds greatest rainforest is under increasing threat. Illegal logging, mining and land grabbing has led to vast areas of rainforest being lost. It is a huge store of carbon that is vital for tackling climate change, but the brazilian government of president bolsonaro has so far denied the problem, but that may now change. Environment minister Ricardo Salles will meet governors of amazon states today to discuss tactics to counter deforestation. In the 12 months tojuly, 2019, deforestation soared almost 30 . More than 3,700 Square Kilometres of forest has been deforested this year, an area about a fifth the size of wales orjust over 500 thousand football pitches. While deforestation mainly has been caused by illegal logging, mining and cattle farming, a new threat is posed by increasing demand for land for palm oil plantations. However the president of brazil, jair bolsonaro, believes other countries had overblown the situation. Translation the situation. At times, certain countries
Anti Money Laundering rules for allowing payments from high risk countries. And americas biggest e cigarette firm, juul labs, is hit with a lawsuit accusing it of targeting teens and misrepresenting the safety of vaping. And, helping musicians collect royalties, well be hearing from one former drummer whose business makes sure artists get paid. And following the vaping lawsuit in the us, today we want to know do you think kids are being encouraged by vaping ads . And would you like to see them banned . Let us know just use the hashtag bbcworklife. A very warm welcome to our new business show, lovely to have you with us. We start in south america, where the worlds greatest rainforest the brazilian amazon is under increasing threat. Illegal logging, mining and land grabbing has led to vast areas of rainforest being lost. It is a huge store of carbon that is vital for tackling Climate Change but the brazilian government of president bolsonaro has so far denied the problem, but that may no
Just because a deal gets done that doesnt mean it will make sense. The dow finished flat, s p advanced 0. 7 , we need to address the merger mania because this market was dominated by deals today. Both real and imagined before we get into the weeds let melee out my position for you. I love mergers and acquisitions. The higher the stock market goes and it reduces the supply of stock floating around and anything that takes out supply is good news even if its applied to buy backs, however, i dont love speculating on mergers and acquisitions especially when acting on a tip as always, i say tips are for waiters if youre not for sure a deal is coming, Accurate Information is illegal. If you dont know, then youre just gambling. My rule of thumb never bet on a stock because of the speculation, only buy a stock of a company with healthy fundamental. Any potential deal activity lets say thats gravy which brings me to todays action this morning david faber reported that xerox wants to buy hp ink w
Maria big show this morning, joining the conversation fox business Dagen Mcdowell, benchmark capital kevin kelly and forbes media chairman steve forbes is here. Good to be with you. Maria a lot happening on the china front, futures indicating a lower decline, lawer move at the start of trading, dow industrials down 91 points, s p declining 8 points and the nasdaq lower by 16 as tensions between u. S. And china ramp up. Here is the latest, washington added 28 companies to an export blacklist over their role in that countrys crackdown on the Muslim Minority group, beijing warning of retaliation to stay tune, highlevel trade talks to begin on thursday, the president weighing on a potential for a smaller agreement yesterday watch. I would much prefer a big deal, i think thats what we are shooting for, maybe, who knows, probably unlikely. So i would say you heard the story here first, 1 Million People in china who have muslim religion, they have been rounded up now for months, a lot of peop