And we need to feel some nuns fighting to change in green prejudice. Ive been a strategy welcome to date of the news asia its good to have you with us if you live in coastal areas of china india vietnam all time and you may have to move within the next 5 to yes the reason Sea Level Rise. A new study predicts that by 2050 increases in sea levels are due to melting ice sheets could affect more people than previously estimated cities such as shanghai. Could be at risk of annual flooding and by 2100 some areas me go permanently underwater i just like to emphasize here that this is just a new estimate based on a new Land Television model lets just take jakarta of the map of jakarta behind me as an example to my right is an earlier prediction showing the areas that could be prone to flooding by 2050. Is the new estimate mumbai here is the earlier estimate and right here is what is being predicted same before an officer not here with bangkok behind me each of the maps shows the same thing mor
Hong kong slips into recession as more than five months of protests take their toll on the asian economic powerhouse. And the entrepreneur in ghana whose science kits for kids, are inspiring the next generation of inventors. Also, whats the bright idea . Well talk to the boss of a lighting giant who claims hes making products that are smarter and greener. So companies are attempting to go green what are you doing to make your home and office more Energy Efficient . Let us know just use the bbcworklife. Hello and welcome to worklife. A warm welcome to our new business show, and we start today in europe where its cruch time for brexit. The eu will meet soon to consider a brexit extension until the end ofjanuary with an option for the uk to leave earlier if a deal is approved. Why . Well, although a deal has been agreed between the European Union and uk Prime Minister borisjohnson, british mps havent yet given it their endorsement. Eu members are looking at a range of brexit extension dat
Well reveal the company and speak with the ceo and an interesting three buys and a build gina sanchez is buying the u. S. Consumer and selling the chinese one. But first, to the inflation reading. Im still raising my eyebrows. And mike santoli is here to explain. A big part of the story is the bond yields. Yesterday, we had a failed rally on a benign cp ireport today, a telloff on a slightly hotter than expected ppi this really has been chopping around as the seasonals get a little more challenging coming into august. If you look at where it sits in a oneyear term, that pullback did get us right to the precipice of that 50day average. 4443 was the intraday low. This morning in the s p, why did that matter, if at all take it back, and ill tell you on july 11, the high for the day was 4443 what happened the next day really nice cp ireport, reported july 12. The market popped from there we filled it this morning. People think this matters, but it matters on a macro basis, because july 12,
Is the best country in the world to be black because it is a country that sees people not labels and cheaper food shopping for the first time in two years, theres been a monthly drop in food prices. Will this trend continue . Will this trend continue . Were going to get the thoughts of minister of state for of the minister of state for food this morning here at the tory. Tory. Conference your first tory conference. It is it is. Were going to be talking in a moment as well to a woman here who has a stand. Shes a baker and she met rishi sunak this morning. She gave him his favourite cake. Were going to chatting her in just a to be chatting to her in just a moment. Your thoughts moment. Email us your thoughts as well. This morning. Vaiews gbnews. Com. But first, heres with heres the news with Erin Armstrong. Armstrong. Good morning. Its 931. Im good morning. Its 931. Im Erin Armstrong in the gb newsroom. Businesses are demanding immediate clarity as confusion continues over the future of
And one of europes best known businessmen. Sir Stelios Haji Ioannou will be talking us about being a trailblazer and why its important to give back. And reports say pets are the latest victim of the uk housing crisis, as houses get smaller with little or no outside space. So we want to know do you still find space for your pet . Let us know, preferably with pictures of your pets just use the hashtag bbcbizlive. Hello and welcome to business live. To get the ball rolling ive already tweeted a picture of my dog in the sea so tweeted a picture of my dog in the sea so have a look at that. Lets start with the top business story. Five countries, nearly two weeks, and billions of dollars in deal making. Well that is the line from the white house. After all, the president is known to be a deal maker. So much so, in fact, that hes promised a major statement on trade before he arrives back in washington. That means the clock is ticking. The white house is touting the rather whopping figure of 30