Of detoxing withjuice. The founder of nosh detox will be in the studio with us. And ten years on from the beginning of the Credit Crunch, we want to hear your memories of the crisis and how it affected you. Let us know. Use the hashtag bbcbizlive. Hello and welcome to Business Live. Get in touch with your memories. I know for us, it was the start of ten long years of covering the stories and the repercussions of it. This week the main Stock Markets in the us have had another record run and londons ftse 100 flirted with breaking into record territory. Its a far cry from ten years ago when the global Credit Crunch began. Ten years ago today 9th, august 2007 banks suddenly found that they had billions of dollars in toxic debts that customers couldnt afford to repay. So overnight, they stopped offering loans. The financial crisis that followed cost the british economy over £7 trillion in lost output thats close to 10 trillion. For the us economy, the cost hit a staggering 22 trillion. So
Questioning their own victims. Now on bbc news, all the latest Business News live from singapore. Us President Elect donald trump Pics On Japanese car maker us President Elect donald trump pics onjapanese car maker toyota for its plans to build a new plant in mexico. And a new gadget for cyclists, one that tracks your performance while keeping your eyes on the road. Hello and welcome to Asia Business report. Shares of japanese car maker toyota are down1. 5 shares of japanese car maker toyota are down 1. 5 right now after tumbling 3 earlier this morning. This comes after President Elect donald trump tweeted that if toyota goes ahead with plans to build a new plant in mexico, especially for its corolla car model, instead of the us, then it faces a big border tax when it ships cars north. Toyota announced in april that it would build a 1 billion macro carolla factory in mexico. I asked if there had been any reaction to that latest tweet. Toyota was quick to respond to the latest tweet by
With aaron and World Business report. Never mind those Exploding Phones samsungs on track for its best profit in years and pledges to put the Galaxy Note 7 debacle behind it. Plus, technology, trade and trump. The boss of sony tells us why goods and information must keep flowing freely. Welcome to World Business report. Im aaron heslehurst. Also coming up, mr trump locks horns with toyota over plans to build a new car plant in mexico. But first we start with samsung. In the last few hours South Korean Tech Giant has said its on track for the best quarterly profits in more than three years. Its a major boost for the company after the exploding Smartphone Scandal that put a serious dent in its reputation. Lets give you the numbers. In the three months to the end of december, samsung is forecasting profits of 7. 8 billion. Thats up by half on the same period last year, much better than expected and the best quarter since mid 2013. That might come as a surprise as we know samsung was force
Mode. Well tell you why. And. Can economists be compared to Weather Forecasters when it comes to prediciting the future . Our economics editor kamal ahmed will be here with that and a look back at the rest of the business week. And following the impact of Donald Trumps toyota tweet, we want to know whats the biggest twitter storm youve ever sparked 7 just use the hashtag bbcbizlive. We start with samsung because in the last few hours the South Korean Tech Giant has said its on track for the best quarterly profits in more than three years. Its a major boost for the company after the exploding Smartphone Scandal that put a serious dent in its reputation. In the three months to the end of december, samsung is forecasting profits of 7. 8 billion. Thats up by half on the same period last year, much better than expected and the best quarter since mid 2013. That might come as a surprise, as we know samsung was forced to scrap its top of the range phone, the galaxy note 7, after a spate of exp
With sally and World Business report. Re writing history. What now for the countries in the Trans Pacific partnership as President Trump signs an Executive Order to withdraw the United States . Chips ahoy samsungs Microchip Business powers the company to a jump in profits despite galaxy note 7 disaster. Welcome to World Business report. Im sally bundock. Are you hungry . If you have no food to hand well make it worse as well take you to a true indian feast. Thats injust a moment. Iam i am told there is a Business Angle but we cant start without talking about this. Yes, he is my top story again this is becoming a habit im talking about us President Trump. On day one in office he signed a slew of Executive Orders but the one grabbing all the headlines worldwide is his move to withdraw the us from the Trans Pacific partnership. Tpp as its also known is the huge trade deal negotiated under mr trumps predesessor ba rack 0bama. It was a deal between 12 nations in the pacific area and was set