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Transcripts For BBCNEWS World Business Report 20170302



investors scramble for snapchat, in the biggest tech flotation since twitter. but is the app a cash cow orjust a craze? plus, coming up on netflix the boss tells us his plans for the internet tv giant as it heads towards 100 million users. welcome to world business report. i m sally bundock. also in the programme: up up and away the us markets blast through previous record highs, the global rally is continuing in asia. details in a moment. we start on wall street where investors are gearing up for what could be the biggest and certainly the most hyped technology flotation since twitter in back 2013 or even facebook the year before. in a few hours time shares in snap the owner of photo messaging app snapchat will begin trading on the new york stock exchange. the big question will it end up a stock market giant like facebook or, like twitter, a bit of a flop? here s what we know so far: the flotation has been hugely oversubscribed there were as many as ten or ....

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