Now it is time for World Business report. Battling to boost prices. Opec meets to check who is sticking to the rules on Production Cuts, as the price of Oil Continues to flag. And the business of birth. We take a look at the cost of delivery around the world, starting in turkey, which has the highest rate of c sections in the world. Welcome to World Business report, im sally bundock. Also in the Programme Financial markets start the week on a high in asia. And south korean courts are holding their Closing Arguments in the trial of samsungs jay y lee. For most of us, a Lower Oil Price is a good thing. It means it costs less to fillup ourcars, and if you run a business, transport and energy costs are cheaper. But for the countries that sell oil, lower prices is a real headache, which is why opec, the cartel 01 14 leading producers, has been trying to push up prices. Today and tomorrow, they are meeting in abu dhabi. Since january, opec and 11 other Oil Producing countries have been aimin
In good jobs news from the us. This is what europe is doing in the first half hour of trading. Fuelling demand for more gas. We speak to the head of one of the worlds oldest private Exploration Firms about keeping the lights on around the globe. And as new York Based Company Wework Annoucne A 500m Expansion In Asia let us know what do you love or hate about your office. Tweet using the hashtag bbcbizlive. They very warm welcome. A lot to get through, including things you like or maybe do not like about the state of your office with the news that wework is expanding. Prosecutors in south korea are demanding a twelve Year Prison Sentence for the heir to the samsung business empire. Samsung covers all sorts of businesses, a conglomerate made up of different entities and is caught in the midst of a huge corruption allegation. Hearing in Lee Jae Yongs trial, the prosecution said he was the ultimate beneficiary of the crimes. The Corruption Scandal brought down the countrys former president.
To Public Health. Now on bbc news, all the latest Business News live from singapore. More troubles for the founder and formal boss of uber. A lawsuit for fraud. And how much is too much . We break down what expecting parents should be expecting for their newborns. Good morning, asia. Hello, world. Welcome to another edition of Asia Business report. Its a friday. Thank you forjoining us. Im rico hizon. We start off with uber. The former Chief Executive has had a tough few months. He was forced out of hisjob in tough few months. He was forced out of his job in june tough few months. He was forced out of Hisjob Injune after a series of embarrassments for the company. Now he is being sued by a Venture Capitalfirm forfraud. He is being sued by a Venture Capital firm for fraud. Earlier, he is being sued by a Venture Capitalfirm forfraud. Earlier, i spoke to a North American reporter, dave lee, who was at the headquarters in San Francisco. Basically, one of the biggest investors in uber are s