Loss of two big generators. A clampdown in hong kong, as twitter and facebook block its emerged Jeffrey Epstein signed hundreds of chinese accounts who they accuse a will two days before killing of spreading misinformation. Himself in his new yorkjail cell, while awaiting trial on sex this is how the markets look across europe, all of them picking up on a rally on asia and wall street overnight except the market in madrid which is down just a shade. And well be getting the inside track on a plastic alternative thats creating a real sting in the kitchen. Well hear be speaking to the firm thats made a fabric out of beeswax to cover up your leftovers in the fridge. And do you click collect . Or clicked forgotten or not bothered 7 a british survey suggests 1 in 7 purchases are left behind with customers saying its too much hassle. We want to hear your click and collect stories. Get in touch. Just use the hashtag bbcbizlive hello and welcome to business live. The thing with click and collect, if you forget it is like an extra christmas. The parcel arrives and it is all very exciting welcome to the programme. We start in italy, where the countrys Coalition Government faces a challenging day ahead. The Prime MinisterGiuseppe Conte is set to make a speech at the Italian Parliament later today and could face a vote of no confidence. This all comes at a time when europes fourth biggest economy continues to struggle. Italy currently has a massive 2. 3 trillion worth of public debt, which is equivalent to 133 of its overall gdp. Italian banks are most exposed to any default, but french, german and british banks are also at risk. The Italian Economy is still recovering from a recession last year. It grew marginally at the beginning of the year but since then growth has been stagnant. Despite this the Italian Government is forecasting growth of 0. 2 for the year, which is above estimates from the European Commission and imf. A major problem is the countrys stubbornly high Unemployment Rate of around io . But it is italys massive youth Unemployment Rate which is causing nightmares it currently stands at a huge 28. I . With me is christel aranda hassel, chief european economist at mizuho international. Thank you for being with us. How precarious a position is this for italy, and for europe . You just heard that italian growth is very much stagnant at the moment. It is very tricky. But the fact is the politicians have not yet endorsed Structural Reforms. This is the very big italian problem. Nobody embracing Structural Reforms that need to be done to get this country up need to be done to get this country up and going. That has been an issue with italy for generations now. Now you have two populist parties in government. Give us some insight into what is going through the minds of voters as we look into a potential general election in italy, particularly those young voters who feel so disenfranchised in the economy. There is a sense of fatigue. Everybody has been forever promising that they will repair italy. Now it is the popular sand yet again nothing much has happened. The populists have been in government and so far we havent really seen all that much. And you have this north south divide, and that needs to be addressed with reforms. You compare this with the greek crisis and everybody felt greece leaving the eu was unthinkable, then brexit happened. But in italy this time, is this idea that italy unleashes itself from the eu, is it gaining any traction there, at all . Ithink italy eu, is it gaining any traction there, at all . I think italy will be much more similar to greece. Populists will do a lot of talking but ultimately they will to a certain extent comply. But the one thing that plays into italys hands at the moment is the fact that Global Growth is weak everywhere and europe does give you leeway if there is recession, in terms of using fiscal priming. Could we be talking about an italian rescue at some point in the future . Dont forget that most of the italian debt is in the hands of italians, therefore it is them shooting themselves into the foot if they were to do an exit. Thank you very much for sharing your thoughts today. Lets take a look at some of the other stories making the news. The worlds biggest miner bhp has more than doubled its net profit on the back of higher iron ore prices. The miner posted a profit of 8. 3 billion for the year to the end ofjune. Bhp says higher prices and record production helped to boost revenues. Major tech firms including facebook, google and amazon have testified in washington against frances new digital tax. Injuly the French Senate approved a 3 levy on revenues from Digital Services earned in france. The tech giants argue it undermines the global tax regime and multilateral efforts to reform it. The chinese search giant baidu has seen its shares surge after its latest results beat expectations. Revenue from baidus streaming Video Service rose 15 and it crossed the ioo Million Subscriber mark. Shares rose by 8 in extended trading. Brazils Securities Regulator has opened another investigation into the miner vale over the january dam collapse which killed nearly 250 people. The regulator is looking at whether executives breached their duties over the dam collapse. It has the power to impose fines and bar executives from working at listed companies. Twitter and facebook have taken steps to block what they describedas a state backed chinese misinformation campaign. Twitter said it removed almost 1,000 accounts it said were being used to sow political discord in hong kong. Monica miller has the latest from singapore. What more can you tell us . A spokesman for the social Media Company said they also said they found as many as 200,000 other accou nts found as many as 200,000 other accounts that work proactively suspended before going live, and they were designed to spread misinformation. Facebook said they got a misinformation. Facebook said they gota tip misinformation. Facebook said they got a tip and what they did in response was to remove a smaller number, and also five facebook accounts. The head of Cyber Security at twitter said that even though the people behind the activity tried to hide their identities and investigation revealed they were associated with the chinese government. This is reminiscent of the russian interference in the 2016 us president ial election. Twitter has been open and has shared a list of these accounts and the tweets that they removed and this comes after the company was intensely criticised over the weekend for allowing Chinese News Agency to buy sponsored posts on the network. Yesterday twitter said it would no longer allow such ads. However it added its new policy did not only apply to taxpayer funded entities and that includes independent public broadcasters. Asian shares rose on tuesday as sentiment was boosted by hopes that Central Banks and governments around the world will provide more stimulus for major economies. That has tempered anxiety about aglobal recession. And its boosted riskier assets and drawn money from safe havens such as bonds and gold. The improved mood was helped by a rally on wall street overnight. The immediate focus shifts to the minutes of the us federal reserves last meeting due on wednesday. Traders are also keenly waiting on the get together of americas central bankers injackson hole, wyoming, and a g7 summit this weekend for clues on what additional steps policymakers will take to bolster growth. And Michelle Fleury has the details of whats ahead on wall street today. Right now American Consumers are holding up the us economy but the question is, how long will that last . Earnings reports from major retailers this week should provide evidence on how Consumer Spending is going, starting with home depots numbers which are out this tuesday. The Worlds LargestHome Improvement retailer is expected to show an increase in revenue from one year ago when it posted its Second Quarter results. Investors will be watching to see if the mid Market Department store chain, coles can ove rco m e Department Store chain, coles can overcome the challenge of getting people through its doors when it releases Second Quarter results. The Philadelphia Federal Reserve bank put out its Non Manufacturing survey for august and last month showed an increase in activity. Joining us is Trevor Greetham from head of multi asset at Royal London Asset management. And what, trevor, marcus thinking about the likelihood of a session at this stage . Markets have been volatile, share prices have dropped a lot in the last month. The movements in the bond market, the sort of things you normally see maybe 2a months ahead of a recession, so there is some concern about Global Growth, particularly on the trade side. We are also starting to see stimulus come through. So Interest Rates cuts in america. And even talk overnight leap from the white house about tax cuts, which seems a bit strange when you are ten months into economic expansion and you have a big budget deficit but there is focus on getting things moving again. One thing will be scouring for clues is when we get this speech at the big get together of the american central bankers in jackson hole. They will be looking for clues about what form any future stimulus might take. The most important thing is there seems to be a change in attitude in america about Interest Rates, where they are talking about being more liberal with their inflation target. They have been below the information target for a while, it is ok to be above it for a while, which suggests rates will come down and the markets are pricing in a rate cut of 0. 5 next month, which is a big rate cut. The markets will be watching closely to see if they are getting of that signal. Lots of economic threats on the horizon, no deal brexit, and the us the horizon, no deal brexit, and the us china trade war and we have been talking about italy. What do you read into that as a threat of spill over across the rest of the eu . Depending on how things go today there may be another election. It could be in october. It could be later. It is a bit difficult to judge entirely. This instability. Because the five Star Movement is not necessarily very market friendly, shall we say, the new government that does not include there may not be seen as a bad thing by the markets. Thank you, well be seeing you at later with a review of the papers. You have ten minutes to go and order your click and collect we wa nt go and order your click and collect we want to hear about your experiences of click and collect, if you could hashtag your comments as bbcbizlive. Still to come, the new fabric thats causing a real sting in the kitchen. Well be speaking to the firm thats made an alternative to clingfilm using beeswax. The uk could see further climate breakdown and rocketing diet related ill health unless it completely transitions to a sustainable and healthy food system by 2030. Yes, thats according to the final report of a major commission. So will brexit offer opportunities to reshape uk agriculture . Sue pritchard is director of the rsa food, farming and countryside commission. In terms of the opportunities brexit might present, what sort of thing are we talking about . Brexit could offer opportunities for the uk to ta ke offer opportunities for the uk to take Global Leadership to walk more ambitiously towards climate and nature friendly agriculture, and help raise the bar around the world with farming systems that support that. That is if it is a carefully, thoughtfully and collaboratively managed brexit. There are huge risks of course, for uk agriculture, for a no deal brexit. Of course, for uk agriculture, for a nodeal brexit. What you think to change to make food, the Food Industry and farming, more sustainable . At the moment the Food Industry tends to focus on producing commodity crops and the sorts of food that go into junk food. The commodity crops and the sorts of food that go intojunk food. The uk needs to take much more responsibility for producing our own healthy food, fruit, vegetables, nuts and pulses, and meat and dairy from Sustainable Agriculture systems. The sort of farming systems that both protect the environment and nature and support the publics health. Supra chart of the countryside and farming alliance, thank you very much forjoining us today sue prichard. Theres a report into the recent blackout that struck much of southern england by the National Grid, said to have been caused by two simultaneous unexpected power losses at hornsey and little barford, caused losses at hornsey and little ba rford, caused by losses at hornsey and little barford, caused by lightning strikes and an unfortunate series of events according to the National Grid perspective on all of this. And some detailfrom perspective on all of this. And some detail from that report author who says that this is the kind of thing that happens every ten years or so. Stay with us, you are watching business live. Youre watching business live. Our top story a crucial day for italys Prime Minister, who will address Parliament Later today and could face a vote of no confidence. Now lets talk about plastic. Its everywhere and can be useful and convenient, but its also a massive pollution problem, especially in our oceans. Over the years theres been a worldwide efforts to get rid of the material in every corner of our lives. Well now, the fight against plastics has moved to the kitchen. And its proving to be a tough challenge, especially when it comes to find alternatives to our plastic wrapping that keeps our food fresh. For some, the answer is to soak fabric in a beeswax mixture which allows the fabric to remain flexible and tacky enough to cling to dishes. Our next guest fran beer started making her own beeswax wraps in 2017 with her Business Partner carly catalano. Now their firm, the Beeswax Wrap Company, is one of the biggest manufacturer of beeswax wrapping in europe. Fran beer, co founder of the Beeswax Wrap Company is here. How does it compare with the plastic film that many of us use . What is it like using this beeswax compared to the Old Fashioned clingfilm . You get angry and frustrated using clingfilm, but with the beeswax rap it is simple. You use the heat of your hand to see that round. Have a play. You would say it is better, wouldnt you . M keeps your food naturally fresh because it is made of completely natural materials. You are getting a fresh sheet every time and cross contamination if you have wrap raw meat pinch macro what are the hygiene issues . You wash it with cold water and washing up liquid between each use and depending how regularly you use them you pup them backin regularly you use them you pup them back in the oven to repress them so that repast arises the wax. And beeswax and jojoba have Antibacterial Properties so keep your food a lot pressure. How does it compare cost wise . The packs start from £10 and you get two wraps, right up to £30 for a big kitchen pack. The raps last up to a year. I have got wraps that i made two years ago that im still using so you get a lot of bang for your back with these beeswax wrap so they are definitely worth it. My background is in advertising. Carly was a substitute music teacher but we both had a passion for crafting and we made lots of stuff people didnt want to buy but one of the key things we wanted to make was beeswax wraps because we wanted to reduce our plastic, and clingfilm was the one thing we couldnt replace, there was nothing out there apart from a tea towel or a plate, so we gave it a go. The world is changing when it comes to the use of plastics, and changing fast, with the disappearance of Plastic Straws and the like, and you will have looked into this closely. What will the future look like in 5 10 years time, and how different will it be from how we use the stuff today . Talk about what itll look like, and it will be more like the past. Plastic hasnt been around that long. We survived a long time without it. This is an ancient art. This is something the egyptians did. We are going to see a revival like this. So much of the convenience culture is based on it, just thinking about things like packets of vegetables, that we just grab at the supermarket, covered in clingfilm, a plastic punnet, how do you ever combat . There is Great Technology using seaweed as replacement plastic. There are some Amazing Things being done. In the next couple of years we will see things from the Natural World being harnessed to replace plastic. Where did the idea come from . Carly was living in australia and she saw them, six or seven years ago and we could not find them here, nobody was selling them, and we did not want to buy them in, so because we are crafty people, we thought we would give it a go. Crafty people, i like that so what about other markets, obviously australia as well. Canada and america have been going for 1012 and america have been going for 10 12 years, now, so they are ahead of us, but in the uk we are the first one is out of the block, really, to get them going. Where do you see the business developing, does it have any more applications . If the product takes off, you might have others in mind. For us at the moment we are a living wage employer and, from that, we hope to build a nice working environment for everyone. The slight irony for this is that people want to do their bit for the environment, but if they are weekend, for example, they might feel more comfortable using clingfilm that doesnt. Feel more comfortable using clingfilm that doesnt. I. You there, we have got a weekend beeswax wrap we just use a different type of wax, rather than beeswax. We try to make sure that we are going that we are making going plastic free as accessible as possible for everyone. In a moment, the business pages, but first, a reminder of how you can get in touch. 0ur correspondence have your business will covered on air, online and on the bbc news app. Check out the business live page for the latest breaking Business News. We want your views, also, so get in touch through the business live page. Join the bbcs business conversation. Lots of you getting in touch about the twitter question of the day, the story that we pick out from the Daily Telegraph in the uk. Talking about people s might click and collect shopping habits. The fact that many go online and order goods to collect in store, but according to collect in store, but according to this, one in seven dont bother to this, one in seven dont bother to go in and to them because we think it is too much hassle. I am a big fan of click and collect. There is nothing worse than missing a delivery. Various views on this. Peter tweeted, he says click and collect is better than waiting all day for delivery that you would miss in the five minutes to go into the shower. Dj says we click and collect all the time in our house, no problems. Grace says customers do it all the time at work. We have to send lots of parcels back all day come to collect before the parcel has been unpacked. Sorting through 200 plus parcels trying to find just one isnt easy. Thank you for your tweets. I am clicking here to look through your tweets, im not doing a cheeky shopping order trevor, is there something youve done . cheeky shopping order trevor, is there something youve done . I do shop online sometimes. I have a habit of buying plants from my garden. If i am not in when they arrive i get a car through the door and you dont get round to going to the post office, then you get this shrivelled up brown little something. I was going to say. Do you expect them to water them and feed them . a five star service. Trevor is back to take us through the newspapers. Lets talk about the side bar story in the guardian about the world biggests Mining Company bhp and its boss warning that nationalism is a potential threat to the world economy. I guess hes talking about the politics of brexit, the politics of Donald Trumps america and others. He is. 0ver trumps america and others. He is. Over the last 30 110 years capitalism and globalisation have taken a billion people out of poverty. They have reduced the cost of all sorts of goods that consumers spent money on. They have been a force for good but there have been lots of negative side effects. And there is this big backlash. Which is showing up in brexit, jeremy corbyn, duterte and the philippines, Matteo Salvini and italy, populist, interventionist leaders and hes saying, can be pushed back against that . And a Business Roundtable in america yesterday, 180 ceos spoke about the top things that Companies Want to do and the fifth of those was making money for shareholders. This idea of ordinary people against the elite, the heads of some of the royals Biggest Companies and he is railing against the democratic wishes. The Business Roundtable was saying that companies are about ethical treatment of suppliers, supporting communities and generating long term growth for shareholders, but we believe that as an investor as well, companies that care about all of these stakeholders are Better Companies and more sustainable and less risky. Trevor, thank you for being with us today on business live. That is all we have got time for. Plenty more Business News today, on air online. Goodbye. Good morning. We have some showers around this morning. 0verall, for many of us it will be a drier day compared to yesterday. More on the way of sunshine compared to showers today. By this afternoon we will see some showers around, particularly northern and eastern areas. We have an area of High Pressure to the south west which will become an important feature over the next few days with this warm front moving into Northern Ireland today, bringing more cloud and showers to Northern Ireland. You can see the showers in north east england and some scattered around scotland. For most of us, it is a dry afternoon with that sunshine and maximum temperatures of 17 21. Tonight, some showers across scotland, one or two on their way through the midlands and northern parts of england. Few and northern parts of england. Few and far between. For many, clear spells into wednesday. Turning chilly across eastern areas. Temperatures in single figures. Holding up in double figures for many. We have that area of High Pressure holding on across southern areas back to the north west we have this area of low pressure and this front which will bring wet, windy weather into scotland and Northern Ireland. But for england and wales, apart from a few showers it will be drive sunny spells. Towards the north and west, after the morning sta rts north and west, after the morning starts off sunny we will see that rain spreading, quite heavy across Northern Ireland and western scotla nd Northern Ireland and western scotland with wind gusts potentially up scotland with wind gusts potentially up to 55 mph on western coast of scotla nd up to 55 mph on western coast of scotland and Northern Ireland. As mentioned, some showers for england and wales, but largely dry the temperatures of 17 22. As this where the font moves south and bumped into this High Pressure it will start to weaken. By thursday just a this High Pressure it will start to weaken. By thursdayjust a legacy of cloud, really. A few spots of rain as it moves further south and east. Again for england and wales, some sunshine at times. Some cloud and rain moving back into western scotland. Temperatures on thursday about 17 to 19 in the north, warming up about 17 to 19 in the north, warming up slightly across the south east, up up slightly across the south east, up to 23. And we will continue to see temperatures rising going into the weekend. By saturday opt into the weekend. By saturday opt into the mid to high 20s for london. By Bank Holiday Monday becoming fresher again but overall, plenty of dry and 00 28 46,421 4294966103 13 29,430 bright weather around. Goodbye