Its down again this morning. And in a global world, how important are National Standards . Well be talking with the British Standards Institution about keeping up with artificial intelligence, robots and deep machine learning. And a superstitious passenger has delayed a flight in shanghai after throwing coins at the engine for good luck today we want to know have your good luck charms ever backfired 7 let us know. Just use the hashtag bbcbizlive. Hello and welcome to Business Live. Now, another huge cyber attack is affecting businesses across the world. Those affected include banks, retailers, energy firms and transport networks. It means Many Companies cant access their Computer Systems and for some that means its impossible to get any work done. The virus was first detected in ukraine on tuesday but has quickly spread across the planet. According to russia based Kaspersky Labs more than 2,000 users have been attacked so far, but that number seems to be growing every hour. When users
Hello and welcome to Business Live. Chinese president xijinping is in russia for talks with his counterpart Vladimir Putin today. Trade is set to be top of the agenda ahead of the 620 meeting of Global Leaders later this month. The visit will be xis sixth tour to russia since taking office in 2012. And their meetings seem to be bearing fruit according to china, trade between the two increased by over 26 in the first four months of the year, reaching nearly 25 billion. Cooperation is increasing too. Russia will be a key component of chinas belt and Road Initiative an ambitious multi trillion Dollar Project that will link europe and asia via the historic silk road. As part of the project and as a symbol of this close relationship beijing has even agreed to help finance a High Speed Rail Link within russia itself Linking Moscow to the city of kazan. Joining me now is dr yujie, head of china foresight, at lse ideas. Thank you for coming in to doctor us. Thank you for coming in to doctor us
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
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