officers but the cloud communications are probably decreasingly important stopping there are things frankly you can do one zoom that don t require a phone anymore. interesting stuff. rob kniaz, thank you very much forjoining me this morning. shares and payments firm paytm has fallen, wiped about $7 billion of its listing all us and of nearly $19 billion. paytm s debut is now regarded as one of the worst ever market debuts for a large indian company. pfizersays debuts for a large indian company. pfizer says its covid-i9 company. pfizer says its covid 19 vaccine provides strong, long term protection in adolescents. a late stage trail which subjects range between 12-15 which subjects range between 12 15 years old shows that the vaccine remains 100% of four months after the second dose. the data will be used to
is the closest thing to twitter there, webo, and a number of other platforms that allow fans to interact with celebrities including billy billy, similar things to tiktok. in august the chinese government crackdown on gaming firms, and shares in those fell by 10% as a result, so this is likely to have an impact as well. let s talk about oil because we have seen prices and lower this week as infections rise across europe. however, they still have risen some 60% this year and some seven cultural countries including the likes of japan countries including the likes ofjapan india and the us are reported to be close to an agreement to release more of the national crude reserves. it comes after they were not able to persuade 0pec plus countries to persuade 0pec plus countries to pump more oil. joining me
this is bbc news with the latest business headlines for viewers in the uk and around the world. president biden chooses continuity and nominates jerome powell to remain as head of the us central bank. one of the pandemic winners, zoom, announces a 35% jump in revenues. however it shares fall after the earnings update as investors fear the competition has caught up. and turning on the taps japan, india and the us look to use their crude reserves to drive down oil prices.
will react? will react? it will need to reassess will react? it will need to reassess after will react? it will need to reassess after the i will react? it will need to reassess after the shock| will react? it will need to l reassess after the shock to will react? it will need to i reassess after the shock to the oil market from so many countries releasing strategic reserves in a co ordinated manner. in reserves in a co-ordinated manner- reserves in a co-ordinated manner. . ., ., ., manner. in addition to that you have restrictions manner. in addition to that you have restrictions are manner. in addition to that you have restrictions are like i have restrictions are like towns in europe that have also changed the picture, so 0pec plus wants to act to have all the right excuses to do so, but not doing so will absolutely bring about a diplomatic struggle between these countries led by the us and india and it s a diplomatic coup for the us to bring both china, india and japan to