On the last few days. The ftse just starting up a little bit. Well take a look at what this means for prices at the pump. And following the vice like grip of the handshake between president s trump and macron, were getting to grips with the perfect greeting and asking how important is the handshake . Hello and welcome to Business Live. Yesterday it was nato, today its the g7. A different place, sicily this time, a different combination of world leaders, a different agenda. Lets take a look at why its important. These seven countries account for getting on for half of the worlds wealth about 46 . But many of them are struggling with comparatively stagnant economies. The International Monetary fund is forecasting the worlds economy will grow by 3. 5 this year, butjust1. 9 in the g7. Also high on the list of worries the rise of Trade Protectionism after President Trump came to power promising to put america first. The other g7 members will be pushing him to soften this position. Then ther
Could be under threat. Let us know, do you buy fair trade goods to do good or really just to feel good . Just use the hashtag bbcbizlive. Hello and welcome to Business Live. The Japanese Company behind the biggest recall in Car Making History has filed for bankruptcy. Takatas airbags were first found to be faulty in 200a. They were used by 13 of the worlds biggest car makers who have all agreed to Bankruptcy Proceedings in courts in both tokyo and the us. This ceo ta kata this ceo takata said this morning he would step down. Worldwide more than 100 million takata airbags, which can rupture with deadly force and spray shrapnel at passengers, have been recalled. The faulty airbags have been linked to at least 17 deaths and more than 100 injuries worldwide. Its all been an expensive saga. 9 billion is the estimated cost according to japans nikkei newspaper. The firm key Safety Systems has now bought all of takatas assets except those relating to the faulty airbags for almost 1. 6 billion.
It is seven in singapore and midnight in london and a huge cyber attack is continuing to spread Around The World. It is freezing Computer Systems and demanding that a ransom is paid. It began in ukraine and has a ready hit Global Companies including wpp, the british advertising agency, and merck, the american pharmaceutical company. The first signs came in ukraine. Systems went down this morning. Some people tried to take money out of bank machines, found they couldnt. Even the radiation Monitoring System at the Chernobyl Nuclear plant was briefly taken offline. The scale was enormous. We had the virus spread, cyber virus on the transport, bank, media, infrastructure of ukraine, in government and in the co operative sectors as well. But during the day, it became clear that the problem was not contained in ukraine but was spreading. Reports came in of companies affected from russia across europe to the uk and also the us. Those affected included oil producers, shipping and pharmaceutica
Sits down with the bbc to talk about his latest work in Washington A Sprawling tribute to those who fight for freedom. I am katty kay in washington Christian Fraser is in london. The pentagon says the intelligence is compelling it has identified planes and also the hangar in which it says the Syrian Government may be preparing another Chemical Attack. The white house said to President Assad he will pay a heavy price if the weapons are used. In april, a Sarin Gas Attack on the rebel held town of Khan Sheikhun killed at least 87 people, many of them were children. The attack was launched from this same base. Today the syrian president Bashar Al Assad denied any new preparations were under way. And perhaps in defiance of that us threat, he paid a visit to a russian airbase in the west of the country even climbing into the cockpit of this sukhoi fighter jet. Not the image of a man cowed by american threats. A short while ago the Us Ambassador to the un, nikki haley issued this statement ab
It is seven in singapore and midnight in london and a huge cyber attack is continuing to spread Around The World. It is freezing Computer Systems and demanding that a ransom is paid. It began in ukraine and has a ready hit Global Companies including wpp, the british advertising agency, and merck, the american pharmaceutical company. The first signs came in ukraine. Systems went down this morning. Some people tried to take money out of bank machines, found they couldnt. Even the radiation Monitoring System at the Chernobyl Nuclear plant was briefly taken offline. The scale was enormous. We had the virus spread, cyber virus on the transport, bank, media, infrastructure of ukraine, in government and in the co operative sectors as well. But during the day, it became clear that the problem was not contained in ukraine but was spreading. Reports came in of companies affected from russia across europe to the uk and also the us. Those affected included oil producers, shipping and pharmaceutica