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Crude is down some 20 this year, despite opecs attempt to prop it up. And it could have further to go. Plus. On edge over brexit germanys industrial giants fear for the future of their multi billion dollar uk market. We report from the Port City Of Bremen. Welcome to World Business report. I am rachel horne. We also have the story on the excessive borrowing by chinas biggest companies. We start with the price of oil, because, once again, despite the best efforts of the Oil Producing nations to prop it up, it is on the slide. Lets show you whats been happening. This week the talks all been about this guy hes back. Traders refer to a bear market when the price of an asset falls 20 from its recent peak. It often signals a loss of confidence and further falls to come. Since the start of the year, crude has done just that ....
Retailers which is trying to break into some of asias biggest markets. Bland and boring, today we want to know, whats the best named town youve ever visited. Just use the hashtag bbcbizlive. Hello and welcome to Business Live. In just under an hour, the uk will unveil its latest Growth Numbers for the three months to the end ofjune. Earlier this week the International Monetary fund warned that weaker Economic Activity means both the us and uk will expand more slowly than expected this year. However, in the numbers due out this morning, economists are expecting the uks growth rate will have risen slightly in the last three months to 0. 3 . It was 0. 2 in the first quarter. Following the brexit vote, the pound fell. This put pressure on prices and last month ....
Allegedly struck in a london pub. Ajudge will decide later a judge will decide later today where the terminally ill baby charlie gard will die. At least 10,000 people have been evacuated from areas threatened by the fire, along british holiday makers. The brother of diana, princess of wales, has said he still has nightmares about the harrowing experience of her funeral. Good morning. Welcome to bbc Newsroom Live. Iam ben i am ben brown. All sales of new petrol and diesel cars will be banned from 2040, as part of efforts to reduce Air Pollution. The government is also expected to announce more than £250 million of funding for local councils to tackle emissions from Diesel Vehicles. The government will publish later its clean air strategy, favouring electric cars as part of a global shift towards replacing the old combusti ....
Now its time for World Business report. Two billion friends, soaring profits and a big thumbs up from wall street. But how much bigger can facebook grow . Plus made in america. President trump hails a 10 billion taiwanese investment as proof hes making a difference. But one critic calls the deal a corporate welfare package. Welcome to World Business report. Im ben bland. Also coming up charged up samsungs on track for record annual profits as it puts the Exploding Phones scandal behind it. We start in Silicon Valley where it seems there is no stopping the worlds biggest social network. Facebook has seen another huge jump in profits as Advertising Revenues keep on rising lets show you just how big. In th ....