Li Transforms Empire for the New Age

The Morning Run crew gives you their take on today's business headlines:

- Japan's record $800bil budget planned for 2015-16

- Hutchinson to be bought over by Cheung Kong in $24 billion deal

- Concerns raised over China's telco towers joint-venture

- ECB considers 500 billion euro bond purchase to boost economy

- Indian power plant gets $4 bil boost from SunEdison and Adani

- Fitch cuts Russia rating to lowest possible grade

- UK pharma Shire to buy USA's NPS for $5.2bil