South korean prosecutors say theyre seeking a warrant for the arrest of the countrys former president. Park geun hye, who was impeached earlier this month, is accused of bribery, abusing her president ial power and leaking government secrets. Now for the latest Financial News with and World Business report. Extending the cuts to oil production. Major Oil Countries consider a plan in a bid to boost sagging prices. And first day in the office for hong kongs new leader, carrie lam. Well be looking at the business reaction and challenges ahead. Welcome to World Business report. Im sally bundock. Also in the programme bt has been hit with a record fine from the uks telecoms regulator. Details in a moment. But first. It was a key weekend for the oil industry. Members of the producers cartel opec and some of their allies were meeting in kuwait. They signalled they are considering extending their curbs on how much oil they pump each day. So what impact will this have on the price of oil and th
The fourth-biggest producer in the OPEC said it would assess the situation in over October and November before committing supplies for the first quarter of 2022.