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giant looks to america, but can it take on its us rivals? hello and welcome to bbc news. a new man has been put in charge of investigating alleged russian interference in last year s us election, as well as alleged collusion between mr trump s campaign and moscow. he s former fbi chief robert mueller. it follows a week in which the president fired james comey and sparked an uproar. mr trump continues to strongly deny any suggestion that russia played a role in his victory. from washington here s laura bicker with the latest. do you swear that the testimony you are about to give. this is the man now in charge of investigating whether donald trump s election victory was aided by the russians. robert mueller, director under president bush and obama. he will ease demands for an independent requiring. even republicans seemed to breathe a bit easier. it is a positive development and evidence they are taking this seriously. he isa man they are taking this seriously. he is a ma ....
us markets have their worst day since the presidential election as turmoil grips the white house. plus alibaba goes west. china s $300 billion e commerce giant looks to america but can it take on its us rivals? welcome to world business report. i m sally bundock. also in the programme, japan s economy grows for the fifth quarter in a row has abenomics finally paid off? we ll be live in tokyo for reaction. but first, we start on wall street where for months optimism about the trump presidency, the markets have been powering to record highs. but late on wednesday the trump bump turned into the trump slump as us stocks and the dollar suffered their worst day since before the election. the cause of the sell off? growing concern that the president s promised tax cuts and pro business reforms may never materialise, as the white house battles one controversy after another. let s show you the numbers. the dow jones industrial average fell 372 points, and both the dow an ....