Volkswagen one of the worlds biggest car makers finds itself back in court today as the company once again faces the fallout of the diesel gate emissions cheating scandal. Hundreds of thousands of german vw customers have joined a first of its kind grouped proceeding to seek compensation from the automaker. The firm admitted in 2015 to using Illegal Software to cheat on emissions tests in 11 million vehicles worldwide. So far the scandal has cost the group over 33 billion, however the vast majority of that sum, 22 billion, has gone to the us in in fines, compensation and legal costs. Vw owners in the uk will be watching with interest as around 117,000 claimants are part of a similar action, also seeking compensation from the auto giant. Simon duval smith, editor of automotive purchasing and supply chain magazinejoins me now. Morning. Talk is through this case. What is it that the group, who were taking vw to court, what do they have to prove . Well, there are 50 questions which are goi
70th anniversary. We look at the economic inequality fuelling the pro democracy movement. European shares are struggling this monday morning. While in asia shares were little changed overnight with no great reaction to the news that the us governemnt is considering Delisting Chinese Companies from its stock exchanges. And well be getting the inside track on being a Financial Success in a newspaper industry thats increasingly digital. The boss of the Financial Times group will be here a little later. As forever 21 files for bankruptcy we want to know if this means our fast fashion tastes are changing . Are consumers now opting to spend more on their clothes . 0r buy secondhand 7 let us knowjust use the hashtag bbcbizlive. Hello and welcome to business live. Welcome to the programme. We start in germany where one of the worlds biggest car makers volkswagen goes back to court today as the company once again faces the fallout of the diesel gate emissions cheating scandal. Hundreds of thous
Devastated the bahamas just over a week ago. If youre the uk Prime Minister and youre having to deny that you lied to the queen, and youre denying it because in edinburgh yesterday, scotlands highest civil court found that your suspension of parliament was unlawful and effectively said that you did lie to the queen, then youre first few weeks in office may not be going to plan. But thats where Boris Johnson got to today. Did you lie to the queen when you advised her to prorogue, suspend parliament . Absolutely not. Indeed, as i say, the high court in england plainly agrees with us, but the Supreme Court will have to decide. Weve been going on in this parliament now for longer than any time since the civil war, we need a queens speech, we need to get on with things. And parliament will have time, both before, and after that crucial summit on october 17, 18th, to talk about the brexit deal. To reiterate what he was saying. The Supreme Court will rule next week if he behaved lawfully when
unimaginable destruction the Health Minister of the bahamas says he fears the number of People Killed by Hurricane Dorian will be staggering. New figures show more black, asian and minority ethnic people are donating their organs than ever before, but more are still needed. And coming up in sport. After steve smith scores a double hundred and australia take control of the 4th ashes test, can england fight back . Good morning, and welcome to the bbc news at 9. Robert mugabe, the former president of zimbabwe, has died, at the age of 95. Mugabe was at the centre of his countrys struggle for independence and became its first Prime Minister in 1980, before becoming president seven years later. His reputation as a hero of the Independence Movement was overshadowed by the corruption and human rights abuses which marred his time in power, and his policies caused the collapse of zimba bwes economy. He was forced from office by his own party in 2017. Shingai nyoka looks back at his life. Singing
To mark battle of britain day. Oil prices have soared at the opening of the markets in asia following saturdays drone attacks on two Key Facilities in saudi arabia. The cost of brent crude rose by the most on record, after half the kingdoms output was taken out that accounts for roughly 5 of the worlds oil supply. Iran has dismissed us allegations that it was behind the strikes and accused washington of being deceitful. Our Asia Business correspondent Karishma Vaswani is in singapore. What the attack says about the vulnerability what are oil prices doing in asia right now . They have come off some of those big is that we saw in the early minutes of asian trade, when traders out here reactive, as many had expected them to, by pushing up the price of crude oil by some 19 in the onset of asian trade. They have come off those prices now. We are seeing them stabilise at about a 10 bump in the price of oil. That is pretty significant and i think underlines the fact that people here are very