Its good to have you with us. If youve just joined its good to have you with us. If youve justjoined us, its good to have you with us. If youvejustjoined us, you are in time for the top business stories. Lets start here in the uk, where the Countrys Economy is facing a � pingdemic� where workers notified by the Nhs Track and Trace App have to self isolate due to being in contact with someone whos tested positive for covid. In the week ending on the 14th ofjuly, 600,000 people were sent alerts and asked to self isolate. Supply firms have been complaining they are struggling to keep supermarkets stocked with food. In response on sunday the department for environment, food and rural affairs said it has identified 500 sites for daily contact testing, and some 10,000 Supermarket Depot workers in england will be exempt from quarantine rules. This will include Forklift Drivers and dispatchers. However, Supermarket Workers are not included. Those who are exempt, if they have been pinged, they will go to one of those sites to get daily test as opposed to sigh Phelps Lighting as opposed to self isolating. Once again we are joined by shane brennan, Chief Executive of the cold chain federation. Shane, good to speak to you again. A busy time for your industry so talk us through how the pingdemic is impacting your Members. Its the pingdemic is impacting your Members. 3 , the pingdemic is impacting your Members. � ,. , the pingdemic is impacting your Members. ,. , Members. Its been a really, really stressful Members. Its been a really, really stressful two Members. Its been a really, really stressful two or Members. Its been a really, really stressful two or three | really stressful two or three weeks of building up of constant Day By day increased number of people who are absent so as we start to see problems with drivers being able to pick up with drivers being able to pick up goods, getting goods in and out of warehouses, product onto packing mind, that manufacturing plant, exponential Growth Week by week, getting into this weekend onto packing plants. Were hoping we have the worst of it by this Weeks End but we will see in the next two or three days we think. Days we think. And what difference days we think. And what difference does days we think. And what difference does the days we think. And what difference does the government changes make to this situation . It will help in some cases. The scheme is still pretty complicated. It only applies to certain facilities, as you said, about 500 facilities but there are many hundreds of thousands in the Food Supply Change so there will be many who cannot take advantage and if you are on the list there are still complicated protocols you have to put in place which most facilities dont have right now so i think i will have to make a decision over the next 24 48 hours as to whether this is an Exemption Scheme they want to take part in and it will depend on what they see with absence rates going into this week. In terms of Su L going into this week. In terms of Supply Chains going into this week. In terms of Supply Chains in going into this week. In terms of Supply Chains in the of Supply Chains in the meantime, to what extent are they being affected . It really depends on where you are in the country, doesnt it, as to how impacted supermarkets are, consumers are, that kind of thing . It consumers are, that kind of thin . ,. , consumers are, that kind of thin . ,. , thing . It is flaring up, different thing . It is flaring up, different Places Thing . It is flaring up, different places have. Thing . It is flaring up, different places have different pockets of problems in some areas are especially badly affected and others are really, really badly affected so businesses are having to put out fires as a way of putting it across the Supply Chain and the problem is that has grown and grown over weeks and means we need Supply Chain interruptions and empty Shelves but in it, what businesses are doing is trying to solve the problem and at every stage through the pandemic they have been making sure to get product onto the Shelves eventually so consumers need to bear with us and understand we are under huge pressure right now but we are focused on getting the job done which is getting product the Shelves. The Shelves. Shane, good to seak the Shelves. Shane, good to speak to the Shelves. Shane, good to speak to you the Shelves. Shane, good to speak to you so the Shelves. Shane, good to speak to you so early the Shelves. Shane, good to speak to you so early in the Shelves. Shane, good to speak to you so early in the | speak to you so early in the morning. Shane brennan. He is Chief Executive of the cold chain federation. Lets get some of the days other news. China has unveiled a sweeping overhaul of its 100 Billion education tech sector, banning companies that teach the School Curriculum from making profits, raising capital or going public. Beijing On Saturday published regulations that, together, threaten to break up the sector and jeopardize billions of dollars in foreign investment. More regulation of the chinese tech sector. On saturday, authorities there said they would bar Tencent Holdings from exclusive Music Copyright agreements. Chinas Market Regulator also fined tencent for what it says are unfair Market Practices in the online music market, coming off the back of the Firms Purchase of china music corporation. Chinas state owned nuclear Energy Company could be blocked from all future Power Projects in the uk, with ministers understood to be investigating ways to prevent its involvement, according to the financial times. The move would exclude china general nuclear from the Consortium Planning to build the £20 billion Sizewell CNuclear Plant on the suffolk coast. Now lets talk about a victory for british Wine Drinkers after the Uk Government decided to scrap a planned Import Levy of around 10 pence on every bottle imported into the country. From 2022, wine shipped to the uk from the eu was due to require a certificate, which meant it met certain regulations. There were fears this would have pushed up wine prices. Joining me now is justin urquhart stewart, the co Founder And Ambassador of seven investment management. Good morning and lovely to see you. Its been described as a victory, would you call it that, for the british Wine Drinker . That, for the british Wine Drinker . , ~ drinker . For the Wine Drinker certainly drinker . For the Wine Drinker certainly. This drinker . For the Wine Drinker certainly. This is drinker . For the Wine Drinker certainly. This is the drinker . For the Wine Drinker certainly. This is the first certainly. This is the first example of getting rid of Red Tape after brexit then its a good example. The idea of not being eu wide but Eu Wine but one from all over the world, there was going to be an extra charge put on and making sure there was a Quality Standard off line. Actually it was found this is unnecessary, it was seen as an extra tax. It works out an extra iop it was seen as an extra tax. It works out an extra 10p a bottle but actually saving over all of £100 million a year is probably rather embarrassing which shows at one we drink. Nonetheless, a significant saving, considering tax on a bottle of wine is paid anyway, this is a reasonable saving. Anyway, this is a reasonable savina. ~. , anyway, this is a reasonable savin. , , anyway, this is a reasonable savina. ~. ,. , saving. Wine and spirit Traders Association saving. Wine and spirit Traders Association Theyve saving. Wine and spirit Traders Association Theyve been Association Theyve been campaigning for this for two years and are exhausted with theissue years and are exhausted with the issue so for them its come as a great relief and as you say, its a bit of a Post BrexitRed Tape that we can do without presumably . Yes. Can do without presumably . Yes, the whole idea can do without presumably . Yes, the whole idea was can do without presumably . Yes, the whole idea was to can do without presumably . Yes, the whole idea was to try can do without presumably . 1 1 the whole idea was to try to make sure there was a standard of the quality of wine but most wont actually have reasonable standard levels on them anyway and so it looks like an extra level that someone was putting on, and people are saying is the european but im not too sure its the case. We were putting it on everybody� s wine, including the eu. So by taking it away, it does give us a direct saving so if you are a Wine Drinker and you have been suffering from covid all you have been pinged as i have for last couple of days, you can celebrate by having wine a little bit cheaper, but not less. I little bit cheaper, but not less. , little bit cheaper, but not less. , less. I have been let loose recently. Less. I have been let loose recently. I less. I have been let loose recently, i have less. I have been let loose recently, i have been less. I have been Let Loose L recently, i have been pinged less. I have been let loose recently, i have been pinged as well so quite a few of us out there. Lets talk about Philip Morris international, the Tobacco Giant making headlines with the Chief Executive speaking to the Mail On Sunday and the headline is it will stop selling cigarettes in britain within the next ten years. Thats quite a target, isnt it, to remove the iconic Mulberry Brand from all of the shops around the country. Hang on, if shops around the country. Hang on. If philip shops around the country. Hang on, if Philip Morris shops around the country. Hang on, if Philip Morris im shops around the country. Hang on, if Philip Morris im not on, if Philip Morris im not going to sell but, what will they sell . They effectively have the Marlborough Brand so what else . I have got this other tobacco products, E Cigarettes, a smokers and things like that, various other items you can do but nowhere near the scale of actually marlborough over all e smoker. This is all parts of esd, Environmental Social and governance, companies need to show notjust their green credentials but the responsibility of their credentials overall to the Health And Welfare of others so if you are an oil company, you will now be an energy management company, or a Tobacco Company you will have Tobacco Company you will have to call yourself something else. This is all towards that moved to make sure that they are now socially acceptable but of course this will affect their potential Share Price because increasingly weve had companies like inaudible general and one or two others that they unless these companies are seen to be esg they will not be invested in so if you still want to be invested in by some of the leading tuitions than im afraid you will have to change your colours, your Product And Change probably the type of it is you are doing so cigarettes no more but E Cigarettes and other tobacco related products, whatever they are. Whatever they are. Thank you, justin, fulfilling whatever they are. Thank you, justin, fulfilling us whatever they are. Thank you, justin, fulfilling us in. Whatever they are. Thank you, justin, fulfilling us in. Have i are you watching the olympics . Absolutely, yes. We will keep it going. After thousands turned out for anti lockdown protests in sydney over the weekend, calls have grown louder for more Government Support for businesses in the city. So far unions, the Opposition Party and Business Leaders have called on the federal government to reintroduce Wage Subsidies as Sydneys Lockdown approaches its fifth week. Joining me now from our Asia Business Hub of singapore is Katie Silver. Good to talk to you. It must be good to talk to you. It must be so tough for businesses in australia, sydney in particular, where they are grappling with these continuous lockdowns. Absolutely, as you say, we are seeing lockdowns there restart repeatedly. I heard earlier that restaurants dont know what to do. The Skiing Season usually attracts a great deal of tourism, and as a result we are Hearing Calls from far and wide. We had from the Opposition Leader this Morning 0pposition Leader this morning who said, basically, the Prime Minister declared mission impossible sold prematurely, that was that australia thought it was through the pandemic, The End of these Wage Subsidies, and perhaps it was too soon. We have also heard from the New South Wales treasurer, where sydney is located. He said, when sydney goes well, the country goes well. Sydney is the most populous city, as well as the fact that so many people live within sydney as well as in the greater region. What was so successful in helping Australia Weather the storm in terms of economic impact . It was a scheme known asjobkeeper. At its height, employees could receive about 1500 Australian Dollars or approximately 1200 Us Dollars every fortnight. We saw, for example, australia virtually continuing its decades of consistent economic growth, basically dipping into a very technical recession that ended. But now, as the number of covid cases seems consistent about 150 each day in sydney, the situation is not improving and putting a strain on business. Thank you, Katie Silver in singapore. We have so much more to come including this the indian Food Map where app has a stock market success. Mission control we see you coming down the ladder now. Neil armstrong thats One Small Step for man, | One Giant Leap for mankind. A catastrophic Engine Fire is being blamed tonight. For the first crash in the 30 Year History of concorde, the worlds only supersonic airliner. It was one of the most vivid symbols of the Violence And Hatred that tore apart the state of yugoslavia. But now, a decade later, its been painstakingly rebuilt and opens again today. Theres been a 50 decrease in Sperm Quantity and an increase in malfunctioning sperm unable to swim properly. Crowd seven, six, five, four, three. I thousands of households across the country are suspiciously quiet this lunchtime as children bury their noses in the final instalment of harry potter. This is bbc world news. The latest headlines Adam Peaty has one britains first Gold Medal in the tokyo 0lympics first Gold Medal in the Tokyo Olympics and successfully defended his title. Celebrations in tunisia as the president sachs has a Prime Minister and Suspends Parliament following a day of protests over the handling of the covid pandemic. The irish government as allowing and or hospitality to reopen from today. It will be limited to those who are fully vaccinated or have recovered from covid 19. 0utdoor Hospitality in the Republic has been reopen since the 7th ofjune, with social distancing and restrictions on the number of people who can meet. So will this be enough to give Irelands Economy a timely boost . Joining me now is adrian cummins, whos the ceo of Restaurant Association of ireland. Welcome to the programme. Please describe how your industry is getting ready for the changes today. Restaurants, pubs and cafe is were reopened across the Republic-of-ireland'>Republic Of Ireland for hospitality as of this morning, the first time in nearly 500 days since they have been able to open since march. The economy has been flattened since march 2020. We are now starting the recovery of our industry, our sector. We are hoping to take back 180,000 employees and Workers Today as part of the reopening schedule. You have got to check that those coming to eat and dine inside have been fully vaccinated or recently recovered from covid 19, how will that work . We have very strict guidelines that we have to adhere to in the Republic-of-ireland'>Republic Of Ireland. We need to make sure that only patrons and customers entering our vaccinated or have recovered from covid 19 and the last 180 days. These measures are very strict. It is important that we adhere to the public health guidelines. We now have an opportunity to reopen and or hospitality for the public, and hopefully we can give our world famous hospitality to customers. Do you think the guidelines need to be this strict . Are you in agreement with the Restaurant Association . What do your Members feel . There is mixed emotions regarding today. Some people is draconian, others think it draconian. We hope this will only be a couple of months, and the restrictions will fall away, possibly in two months, when we get to our eight e 90 threshold of a fully vaccinated population within the Republic. 80. Population within the Republic. 80. Northern ireland has been open since may of this year, so we have two systems on the island. Now we have everyone working together, moving forward and the right direction. How have your Members cope . How have restaurant survived . Have restaurant survived . It have restaurant survived . It is extremely difficult for the industry, has been since march last year. Our has financially supported i was in a planned Wage Supplement schemes, help towards the fixed costs of these businesses. While it is welcome, it is not enough. As we start the economic recovery, our industry, we need these supports in place into next year as we get into this Tourism Season because ireland is so dependent on tourism as part of our economic base. We wish you all The Very Best today and going forward, adrian cummins, thank you for being on the programme. Thank you very much. The indian Food Delivery Firm zomato saw its Share Price surge when Itjoined The Market last friday, than 13 billion. Its an auspicious debut for indias burgeoning start up sector with plenty of other companies keen to head to market. The bbc� s Arunoday Mukharji outlines the expectations and challenges for Start Ups in india. It isa it is a common sight in indian cities now zomato is a household name. 12 years since it started linking indian customers to restaurants, the company has become the first of major indian digital Start Ups to go for an ipo. Buoyed by a huge demand and online orders during the pandemic, Zomatos Ipo is looking to make a splash on the market, but since the launch, zomato is yet to make a profit. Now that the firm has gone public, the talent will be ensuring profits. While Zomato Bats bag, their Zomato Bats on growth, this Restaurant Owner says he is bleeding money because of High Commission rates charged by zomato to list on their portal. Zomato, it is and a necessary evil. We have dramatically shifted from delivering through zomato to Driving Business directly. Two days before the ipo opened, the national Restaurant Association of india which claims to represent the interests of over 5000 restaurants in the Country Petition and reiterated the allegations to authorities, asking them to probe anti competitive Business Practices by Food Aggregators and india. Zomato refused to comment, so citing legal constraints. Start ups and constraints. Sta rt ups and india constraints. Start ups and india raised over 10 Billion in the first half of this year alone. It is the scope for growth that is driving other unicorns like a mobile Payments App unicorns like a mobile Payments App and retail apps. App and retail apps. What was exected app and retail apps. What was exoected to app and retail apps. What was expected to happen app and retail apps. What was expected to happen in app and retail apps. What was expected to happen in a app and retail apps. What was l expected to happen in a matter of years, because of the pandemic, it happened and a matter of months, especially E Commerce and intact. These setups have far far deeper markets. Setups have far far deeper markets setups have far far deeper markets. ,. , markets. Sustaining this will be ke , markets. Sustaining this will be key. But markets. Sustaining this will be key, but for markets. Sustaining this will be key, but for now, markets. Sustaining this will be key, but for now, it markets. Sustaining this will be key, but for now, it is markets. Sustaining this will| be key, but for now, it is the food at� S Ipo that is cooking up food at� S Ipo that is cooking up a storm. Application. Of all the Travel Sectors affected by the Coronavirus Pandemic the global Cruise Line Industry has been one of the hardest hit. After a tough 2020, norwegian Cruise Line voyages resumed this weekend for fully vaccinated passengers, and the industry is now hoping to start returning at pace. Before covid 19, nearly 30 Million passengers travelled on Cruise Ships each year. So how quickly will they return . Joining me now is andy harmer, whos the Managing Director of Cruise Lines international association uk ireland. Welcome to the programme. The norwegianjade departed from Norwegian Jade departed from athens. Norwegianjade departed from athens. It was a very welcome piece of news in your industry . Talk as to how the Cruise Liner industry has had to adapt and get ready for passengers. Good morning, yes, it has been a challenging 12 months as you say, but we have taken the time to work with health authorities and governments Around The World to build the right protocols for a safe restart of cruising, so we put that Health And Wellness at the heart of everything that we do, restarting as a really important part of the next step. In the uk, we have had domestic cruising restarting from about middle may and that has been very successful so far, sailing and uk waters. But, globally, cruising has been able to resume in the mediterranean and also asia, and most recently north america. What is the uptake like . Are you seeing bookings . Are people willing to come on board . Absolutely, the Uk Season is probably our biggest so far. We have about 18 Ships Sailing around the uk. 0ne have about 18 Ships Sailing around the uk. One of the reasons for that is that they are guests who have crews before and keen to get back on board. We have missed our holidays and travel over the past 18 months, so this is an opportunity to do that in style. Globally, 30 Million people have cruised per year in the past, and we look forward to welcoming them on board, as well as people who want to try something different for the next holiday. Have you had to change the Cruise Ships themselves to make sure they are safer such as ventilation, that kind of thing . We all dread the thought of getting stuck on a Cruise Ship with somebody whether something, whether it be covid or something else. As you say, we really had strict regulations already, operations in place, even before covid, but since covid we have enhanced medical facilities on board. You mention vaccinations. We 100 Test Everybody as they embark, so there is a multilayered approach to the protocols, because giving people the holiday want, but to do that safely is really important. Andy harmer, we appreciate you being on the programme. We will keep an eye on how the Cruise Ship industry develops over time. Lets look at the financial markets. Technology stocks are down significantly in hong kong, and Mainland China because of the story we mentioned already in the programme with further Government Regulation in china, with regard to education, property. Those kinds of companies have been hit hard. The Hang Seng Tech index is at its lowest since japan last year. Japan bucked the trend in the region. You are now up to date on all Things Business News and the olympics have a lovely day. Good morning. Once again, sunday was a day of extreme. The highest temperature was in Northern Ireland with 28 celsius, but there was lots of sunshine for scotland, as you can see by this Weather Watcher Picture. Northern ireland, northern england, and Northwest Wales were by contrast further south, theres quite a lot of cloud, and it certainly went downhill, the story, after lunchtime. This is a Weather Watcher Picture sent in from kent, where there was a severe cluster of thunderstorms that developed, and it brought some localised flooding as well. And you can see the volume of Lightning Strikes too, stretching all the way down from East Anglia over to the isle of wight. They slowly faded away and the area of low pressure is moving away as we speak. Now, that is going to continue to anchor itself up into the far northeast for the start of our monday morning. It will bring a fair amount of cloud across eastern Scotland And Northeast england, but its going to be a relatively quiet start to monday. Dry with some sunshine coming through, maybe a few isolated showers lingering for a time, but generally a better day. There will be a few showers developing through the afternoon, some of these possibly heavy and thundery, but they should be a little more interspersed in comparison to the weekend. Temperatures, well, with a little more sunshine, higher in england, with 26 celsius the high. But we will start to see more showers developing. From the west, moving into Northern Ireland, southwest wales, Southwest England by The End of the day. Its a Weather Front thats going to move through, and the Weather Story changes as we go through the week. With low pressure anchored to the north and those Winds Swinging in a clockwise direction, it will be driving in more moisture, more cloud, and certainly more of a breeze on those exposed west facing coasts. So tuesday is really quite a messy picture, there will be a lot of cloud around, there will be some showers, and some of those showers thundery in nature once again. Im not going to be too clever about it, almost anywhere could catch a shower on tuesday and it could be quite heavy, and the temperatures well, they are going struggle, 15 21 celsius, sojust going below where they should be now for the time of year. The low pressure doesnt move very far at all throughout the week. We still keep this feed coming in off the atlantic, a cooler source, brisk wind as well, so that means it stays rather cool and showery. Indications of something a little better, though, as we head to the weekend. Take care. This is Bbc News for viewers in the uk and around the globe. Im sally bundock. Our top stories. Adam peaty wins britains first Gold Medal of the tokyo 0lympics, as he successfully defends his 100 metres breaststroke title. After a farcical false start in the mens triathon, Kristian Blummenfelt picks up a Gold Medalfor norway. As more extreme weather is recorded Around The World, scientists warn of the urgent need for action on climate change. Celebrations in tunisia, as the president sacks his Prime Minister and Suspends Parliament, following a day of protests against the governments handling of the covid pandemic