We start in asia, where the british pound has fallen sharply, amid investorfears over a no deal brexit. Its now at a 28 month low against the us dollar. It comes as the uk Prime Minister, borisjohnson, has toughened his rhetoric on brexit. Michael gove, who is in charge of planning for a no deal exit from the eu, says britain is currently, working on the assumption of that outcome. Lets take a look now at where sterling is against the us dollar. Currently it stands at 1. 126. The bbcs Sharanjit Leyl has been monitoring trade across asia from our business hub in singapore. Bring us up to date on what the pound has been doing against the major basket of currencies overnight. While that is right, as you said, it continues to slide and has been sliding here in asia, lurking at the more than two year low against the us dollar that you just read out. Trading lower than it was in the initial plunge brought on by the brexit vote in 2016. To set it all into context, it hasnt been this low since
The boss of the uk trade body thats expelled the Public Relations firm for the worst breach of ethics in its history is here. Brick by brick leaders of the largest emerging nations are discussing how to build a brighterfuture. Welcome to World Business report. Also in the programme, as cuba opens up its domestic economy, well be taking at how fresh investment is sparking a revival in the countrys mining industry. The Public Relations firm Bell Pottinger has been expelled from the pr trade body in the uk. The Public Relations and Communications Association says the company was unethical and unprofessional and brought the industry into disrepute. In an unprecedented move its expelled Bell Pottinger for 5 years. This follows the companies Media Campaign for the wealthy gupta family of south africa that was heavily criticised for stirring up racial tensions in the country. The guptas have been accused of benefiting financially from close links to south africas president zuma and hired Bell
The General Election. About to find out the results of the exit poll. Good evening and welcome to the Election Centre. Tonight, the third time into yours that we have come here to the result in a major Unity Kingdom Wide poll. In 2015, David Camerons election resulted in the vote for brexit see a promise. And theresa may has guaranteed certainty for the years ahead. Three act drama. Indications of what she has got what she wanted orJeremy Corbyn has dashed hopes will come with exit polls at ten. Who gets to number ten . Welcome to the virtual downing street. We have watched as in 2015 conservative constituencies pathed the path. Labour left behind. What is going to happen tonight . Will the conservatives get the 326 seed is that they need, or can labour close the gap . Earlier today, the Party Leaders casted votes. Just as 47 million of us had the right to do. And the first actual result will help cast results. Newcastle and sunderland going head to head. Sophie is in sunderland. These
Crew and passengers, while the Tech Giant Google urges some staff not to leave the country. Well find out how companies are being impacted by the us travel ban and what you should do. Benoit hamon is chosen as frances socialist candidate for the countrys upcoming election but will his pledge of a pay cheque for all be enough to lure voters . Welcome to world business, report im sally bundock. Also in the programme another Computer Glitch grounds domestic flights of a major us airline. Details in a moment. President trump is Standing Firm on his ban on immigration from seven countries iran, iraq, libya, somalia, sudan, syria and yemen. Hes also denying the measures are targeting muslims. Hes also denying the measures are targeting muslims. The leaders of many Global Business have been swift to react the Technology Firms among the first to speak out. Google says it will take legal action to protect its employees. Its urging staff who could be caught up in the ban not to leave the us. The
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