to stay on hold of a record low of 0.25%. and the company that created photoshop, we ll be speaking to the boss of the software firm adobe, shantanu narayen. today we want to know, do you use snapchat? what do you use it for? let us know. just use the hashtag #bbcbizlive. i know that tanya is a user of snapchat, i have seen the selfies! and we start with snap, the company behind the messaging app snapchat. it lets you send photo messages that disappear after a few seconds. but it seems the confidence of investors has gone missing almost as fast. snap‘s shares plunged in after hours trading on its first set of financial results since that huge flotation back in march. snap lost $2.21 billion in the first three months of the year. that s way more than the same time last year. why? well, mostly because of huge pay outs to staff with stock options in the flotation. but here s the number investors are really looking at. by the end of march 166 million people were using snapchat
ciaran maxwell stockpiled weapons while serving with a commando unit in somerset. now on bbc news, all the latest business news live from singapore. downgraded. toshiba moves off the main stock board of tokyo because of financial problems. and a snap deal going at a loan after calling off a sale to a rival, flipcart. good morning, asia. hello, world. welcome to another edition of asia business report. it s a tuesday. i m sharanjit leyl. report. it s a tuesday. i m shara njit leyl. we report. it s a tuesday. i m sharanjit leyl. we will start with the ongoing problems around the tech giant toshiba. the markets opened for trade and its shares got demoted to the second section of the tokyo stock exchange. we have that story. tell us about this demotion. they opened higher this morning. tell us about this demotion. they opened higherthis morning. up tell us about this demotion. they opened higher this morning. up about 2.596 opened higher this morning. up about 2.5% this hour. yes
has been held in london. stay with us. has been held in london. stay with us. we will be back with the rest of the news of the date the first year is the business news. news of the day but first year is the business news. as toshiba prepared to give its earnings a day, weaves find out why japan getting crushed. and we ve zoom in on the online market in india. hello and welcome to asia business report. fox climb has reportedly signalled it could launch a $27 billion bid for toshiba chip business. they are due to report their own inflated today after two previous delays. toshiba is currently trying to sell off its prized chip business to cover losses from its troubled us nuclear unit, westinghouse. it is not the only japanese firm to struggle recently. these were the greatest brands in consumer goods for decades. toshiba, panasonic, sony, he tai chi. so how did we end up here? first of all, the chinese and koreans came along and they can make these things just as all but muc
Mumbai (Maharashtra) [India], April 7 (ANI/PNN): AVRO India Limited (NSE - AVROIND & BSE - 543512), One of the leading manufacturers of plastic molded furniture products has migrated to the Main Board of NSE and BSE from NSE Emerge.
In japan hasn t gotten markedly better, it hasn t gotten markedly worse. that s one thing wall street worried about on friday. we do have huge deal news. all the always likes that. looks like at&t is going to buy t-mobile for $39 billion in stock and cash. nap deal announced this morning. the ceo s coming on cnbc exclusively to talk about it. it is expected they will face reler to hu regulatory tuhurdles but they a convinced they can get past that. that s a big development for wall street. thanks so much. president obama facing pressure from republicans and democrats to get specific on the action in libya. up next we ll talk with one of the lawmakers present at friday s meeting at the white house, democratic congressman dutch rupertsberger. sarah palin with a rare overseas trip to the middle east. but first, a look ahead at the president s schedule. you re watching the daily rundown on msnbc.