Also in the programme some Asian Airlines cut flights to hong kong as Anti Government protests rage on. Well cross live to the city. How an african designer is hoping to bag a share of the Luxury Goods Market with his home grown leather products. And well be getting the inside track on gut health. Is bacteria the clue to Better Overall Health . Well find out. Today we want to know whether christmas has become too commercialised, as harrods limits visits to santa to shoppers spending more than £2,000 thats 2,600 in store. Let us know. Just use the hashtag bbcworklife. Hello and welcome to worklife. A warm welcome to our new business show. Do get in touch and we will discuss your comment is a bit later. The future of cars may be electric but is the Technology Mainstream enough to become mass market . Are electric vehicles still too expensive and how practical are they for long journeys . Well, in the past few hours, ford has unveiled its brand new electric suv,called the mustang mach e,
Provides entertainment and information aimed at bengali speakers its founders recognized the market was ripe for the service its already started paying off and theres plenty of room to expand to 300000000 people speak in bengali right now we have 75000000 people that are already attached to our network our content so we still have a lot more to grow. This streaming service is already making a profit but back in 2013 the founders had to come up with the initial 500000. 00 investments themselves. Bangladesh is still off the radar for most Foreign Investors even though things are looking up here the economy is growing strongly and although many people remain poor poverty levels have fallen substantially in the last few years. The government has also passed new laws aimed at making investment in bangladesh safer and easier its Largest Financial Services provider has now set up a Venture Capital fund the c. E. O. Hopes it will draw more attention to whats on offer. By introducing the v. C.
Bank has enough currency reserves including dollars for the next 13 months but there isnt enough dollars for importers and traders how does that work well the fact is that the central bank does have. Reserves but the situation is actually quite precarious just because weve been actually living with a large budget deficit and very increasing a trade deficit now the inability of the lebanese government to actually attract capital from abroad its putting a lot of pressure on actually deserves so what the central bank is trying to do is actually slow down sort of of its reserves in order to actually contain this situation right now. Is there a trust issue between the banks and the Central Banks or as the Central Bank Governor has suggested dollars should be used inside lebanon and not outside is he suggesting then dollars are being withdrawn and spent in say syria actually did relationship between the Banking Sector and the central bank is actually quite strong in fact its that high level
Really solid quarter. Beats in equity trading. Joining me is bloombergs sonali basak. What is the bigger stand out for you . Sonali this is five straight quarters of outperformance. They are doing a good job, while also investing in digital and growth. Likeeturn on equity, i that number because we can compare across all the banks. That is a lot far behind jp morgan. But they can lean on the consumer for growth, and their Net Interest Income in light of the Interest Rate expect asians we have for the rest of the year are Holding Quite strong right expectations we have for the rest of the year are Holding Quite strong. Alix they are factoring in just two rate cuts. Sonali their outlook is going to be very important. Jp morgan premuch told everybody it is not a big deal for the end of the year. Jp morgan pretty much told everybody it is not a big deal for the end of the year. Investment banking up 27 year on year. Advisory fees were up. Debt underwriting up. Equity underwriting a little s
You through whats at stake. Also in the programme apple drops a Hong Kong Police tracking app used by protesters. Is this another example of a us Corporate Giant bowing to pressure from beijing . And how one of scandinavian societys oldest taboos is being challanged by the insta generation. And to Mark World Mental Health Day we talk to England Rugby legend Johnny Wilkinson who speaks frankly about his. Also wed like to hear from you. The uks top docter is saying snacking on public transport should be banned to help tackle child obesity, so how would this impact your commute . Get in touch. Just use the hashtag bbcworklife. Hello and a warm welcome to worklife. We begin in washington where top level talks are due to take place later between the us and china over their increasingly damaging and fractious trade war. Theres growing concern a deal is still a long way off. Thats been hitting Financial Markets around the world in the run up. The us and china together account for more than 40