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
Moment but stocks have opened more low following losses in asia and the us as the war of words between america and north korea rattles investors. And we will talk about the google diversity road, the founder of uber being sued. And as tourists in spain face a backlash from locals protest against Tourism We Wa Nt from locals protest against tourism we want to know have you ever faced hostility on your holidays from the locals . Hello and welcome to Business Live. Snapchat is the Disappearing Messaging service thatjust keeps making money vanish. Its Parent Company snap has seen its share price sink like a stone in after hours trading as it reported widening losses. Snapchat launched in 2012 as a mobile app that allows users to send photos that vanish within seconds. Its been a big hit with millennials but has never made a profit. Perhaps the most keenly watched number by investors is the number of daily active users. That rose to 173 million up only 4 compared with the first three months
Business news live from singapore. On the upward trend. Japan charts another quarterly growth for the sixth time in a row. Is abenomics finally working . And a tale of two economies. We focus on india and pakistan as they mark 70 years of independence from the british empire. Welcome to Asia Business report. Live from singapore. Lets kick off with what is on the Business Calendar this week. Japan just released its latest economic data. The worlds third biggest economy expanded at an annualised rate of 4 between april and june. That is the sixth straight quarter of growth, driven partly by private consumption. Mid week, the Bank Of Thailand will be deciding on the cost of borrowing and later in the week, on thursday, a lot of focus will be on alibaba as it releases Second Quarter earnings. Earlier i spoke to a representative from the Bank Of Singapore and asked about the japanese economy and whether abenomics is working through the system. It looks like growth will be between 2 and 3 ,
Report with ben bland. Confounding the critics japan beats expectations as it records its fastest rate of growth in more than two years. 70 years of partition we take a look at how the economies of india and pakistan have diverged since the end of british rule. Hello and a very warm welcome to bbc news of World Business report. I am ben bland. Japan has just released its latest set of growth figures, and theres been some good news for the worlds Third Largest economy. Japan has exceeded all expectations by recording growth of 1 between april and june. The numbers are an Encouraging Development for the government but dont solve the countrys ongoing financial headaches. Japans productivity per person per hour stands at 23. 45 that leaves it in 18th place in the world, well behind the us, on 33. 41, and a host of others including canada, the uk and france. The countrys debt has also ballooned in recent years. At more than 250 of gdp it has the largest debt to output ratio in the world by
Commonwealth Bank of Australia (ASX:CBAPH – Get Free Report) declared a interim dividend on Tuesday, April 9th, MarketIndexAU reports. Investors of record on Thursday, April 25th will be given a dividend of 0.648 per share on Thursday, April 25th. This represents a dividend yield of 0.64%. The ex-dividend date of this dividend is Tuesday, April […]