It is time to catch up with all the Business News in World Business report. Stories. How does a country survive without big banknotes . Well find out when the Indian Government releases Economic Growth figures later today. And its almost like a game of hide and seek. Passengers involved in the disruptions of ba flights over the weekend desperately seeking their luggage, luggage. Hello and welcome to World Business report. Im susannah streeter. In a minute well take a snapshot of the chinese economy, but first, in a few hours time, the latest official statistics are expected to show that india has retained its crown as the Fastest Growing major economy in the world. Economists are predicting that india expanded at an annual rate of 7. 1 in the first three months of the year. Now, this compares with growth of 6. 9 for china. The resilience of the Indian Economy will come as welcome news to Prime Minister narendra modi, following the countrys landmark demonetisation programme. Towards the
Changing of the guard at General Electric. Chief executive jeff imelt will end his tenure this summer after nearly 17 years. There is a shift in the companys focus but was under pressure to increase the price of the stock which is widely owned by longtime investors and mutual funds. Taking over the top job is John Flannery who heads up ges health care division. Investors like the news sending shares up 3. 5 . Morgan brennan has more on the future of ge, a company that was an original member of the dow the change at the top of General Electric comes after 16 years. Over that time, there have been many grumblings about the stock price, a fact that hasnt eluded the man soon to be in charge. No ones happy with the stock price righ or some of the cash, you know, pictures that weve had. We know we can be better at those things. So im going to do basically what ive done in the health care business, spend a lot of time with investors, with customers, with employees, listening, hearing what, yo
Explain who the winners and losers. And how sleep became big business. Well meet the man behind a new generation of mattresses giving traditional bed makers nightmares. And as barbies long time boyfriend, ken, gets a makeover hes got new hair styles, body types, new clothes and new skin colours so today we want to know, what childhood favourite of yours should get a revival and makeover . Let us know, just use the hashtag bbcbizlive. Do get in touch about ken, plastic fantastic or not . Also any thoughts you might have about the stories we have including this one about uber. Travis kalanick, the Chief Executive of the Ride Hailing Service uber has resigned following demands from five major investors. Last week he said he was taking indefinite leave of absence after a series of scandals hit the company. Its battling allegations of harassment, discrimination, and corporate misconduct. This is a story that has been getting more and more intense in recent weeks, recently published we re re
And they dont like to follow the rules. I dont blame them i was a rambunctious kid myself when i started managing my own money. I didnt know the rules at first. And when i learned them, i spurned them because i didnt believe they could help or they cut off my upside. Even if they cushioned the inevitable downside. The rules kept me from making a huge amount of money when things were going gang busters to keep me from losing big money when things went badly. The house of pain the rules im discussing tonight keep you in the game, even when things are tough and you make those mistakes. [ buzzer ] the rules protect you against your own bad judgment about whats going on in the companies you own or whatever is happening in the market overall. But if youre going to make money using stocks because you just cant get much of a return anywhere else these days, thats pretty much the case, youre going to have to work harder with your money to do so and that requires discipline discipline because on
Most bizarre thing on just business tv, but television in general. A oneman show about business . I also know you wont find investing advice this good unless youre one of those people who tunes in to see if this is the night that i actually do go off the rails its always a possibility on any given night. Sorry, guys, theres a tape delay. Going to happen one day. But i do my best so it doesnt this is the method to break from strictly quoting the bar to my madness. How do i pick stocks you always ask me that why do i tell you that some stocks are worth buying now or on the dip instead of, hey, tomorrow, thats the question that everybody would like to know so tonight im going to give you pieces of the answer lets get rolling. One of the easiest ways to identify the names, they wont necessarily show up on the show, is by watching my favorite list when i was, frankly, a little boy in 5th grade i used to look at the in you high list. I thought it was the guys that were hitting better than. 3