Reversing the exodus pressure grows on the g20 to tackle the Migration Crisis, but is more investment in africa the answer . Plus, Making Motorists out of millennials how toyota plans to sell cars to the uber generation welcome to World Business report. Im rachel horne. Also coming up never mind the exploding phones, samsung says its on track for record quarterly profits. But first, we start in hamburg, germany where, as youve been hearing, leaders of the g20 group of the worlds top economies are gathering. High on the agenda, of course, concerns over free trade and the environment, after President Trump set the us on a more protectionist path and pledged to pull out of the paris Climate Change agreement. But for europe, equally pressing is the Migration Crisis. Record numbers of migrants from sub Saharan Africa have been heading into the eu increasingly across the mediterranean via italy, as this map shows. The final destination for many is germany, where migration related costs are p
Securing a hotel room for the 620 summit in hamburg. So today we want to know what you have missed out on by waiting too late to book . Just let us know use the hashtag bbcbizlive. Hello and welcome to Business Live. We start in hamburg, germany where as youve been hearing, leaders of the 620 group of the worlds top economies are gathering. Concerns over free trade and the environment are high on the agenda. But for europe equally pressing is the Migration Crisis. Record numbers of migrants from sub Saharan Africa have been heading into the eu increasingly across the mediterranean via italy as this map shows. The final destination for many is 6ermany where migration related costs are projected to top 100bn by 2020. Chancellor Angela Merkel has made it clear that she thinks other countries must shoulder more of the burden last year alone 6ermany saw almost three quarters of a Million People apply for asylum. There are fears that Climate Change and poverty could drive millions more afric
Now its time for World Business report. Two billion friends, soaring profits and a big thumbs up from wall street. But how much bigger can facebook grow . Plus made in america. President trump hails a 10 billion taiwanese investment as proof hes making a difference. But one critic calls the deal a corporate welfare package. Welcome to World Business report. Im ben bland. Also coming up charged up samsungs on track for record annual profits as it puts the Exploding Phones scandal behind it. We start in Silicon Valley where it seems there is no stopping the worlds biggest social network. Facebook has seen another huge jump in profits as Advertising Revenues keep on rising lets show you just how big. In the three months to the end ofjune, facebook made a net profit of 3. 89 billion. Thats a jump of 71 on the same period last year, and better than wall street was expecting. Injune the number of active monthly users crossed the two billion mark. That means more than one in every four people
And. Exploding phones, Driverless Cars and Virtual Reality. Its been an eventful twelve months in the the world of tech, but what can we look forward to in 2017 . Well speak to our resident gadget guru rory cellan jones. Welcome to a very Special Edition of Business Live. This year saw two of the biggest political results of the decade as the recent trend towards globalisation took a step back. There are now dark clouds of uncertainty hanging over two of the worlds biggest economies europe and the United States. Lets start by looking back at what happened following the uks momentous decision to leave the European Union. Tonight at 10 the Voters Decide that, after four decades, it is time for britain to leave the European Union. I dont think it would be right for me to try to be the captain that steers our country to its next destination. Across asia today, we have seen shares fall on the major markets like japans nikkei, down more than 7 . Look what happened, it tumbled down to levels
Been a turbulent year for the global market. Oil prices hit that historic low. But there is light at the end of the tunnel. And, of course, following a Landmark Deal between members of the opec countries. And exploding phones, Driverless Cars and virtual reality. It has been an eventful 12 months in the world of tech but what can we look forward to in 2017 . Well speak to our resident gadget guru. And indeed, a very warm welcome to a very Special Edition of Business Live. So this year saw two of the biggest political results of the decade, as the recent trend towards globalisation kind of took a step back. There are now dark clouds of uncertainty hanging over two of the worlds biggest economies europe and the United States. So lets start by taking a look back at what happened following the uks decision to leave the European Union. Tonight at 10pm, the Voters Decide that after four decades it is time for britain to leave the European Union. I do not think it would be right for me to try