Chris Low of FTN Financial in New York on the day's trading. Plus, Volkswagen announces a large investment into electric cars.
Germany Coalition Talks Deadlocked
Talks are continuing to try and form a coalition government in Germany. Sarah Haendel of the campaigning organisation More Democracy in Berlin explains the deadlock, and Holger Schmieding, chief economist at Berenberg Bank tells us how Germany's economy is handling the uncertainty of the coalition talks. Also in the programme, a bidding war is under way for parts of Rupert Murdoch's 21st Century Fox. Steven Barnett is professor of communications at the University of Westminster in London, and explains why the US giants Comcast and Verizon are interested in the company. Some of the world's biggest investors in Myanmar tell us why they are interested in the country. Plus we look back at the rest of the week's big business stories with Peter Coy of Bloomberg Business Week in New York, and Rebecca Byrne of the Wall Street Journal in London.
Wall Street Update Edition
Russell Cleveland of Renn Capital in Dallas, Texas on the day's trading. Plus, as the Rohingya crisis worsens with more refugees fleeing Myanmar for Bangladesh, pressure grows on companies still investing in Mynamar, as the BBC's Faarea Masud reports.
Zimbabwe at a Crossroads
As talks to resolve the crisis in Zimbabwe continue, we hear about hopes for the future from Sure Kamhunga, a Zimbabwean journalist based in South Africa. Also in the programme, a senior member of the Chinese government has warned of the risk of a financial bubble in the world's second biggest economy. Our regular economic commentator, Roger Bootle of Capital Economics, assesses the concerns. We have a report from Cuba looking at the country's tourism sector as US authorities make it tougher for Americans to visit the island nation. Plus on the day France's first wine of the 2017 season, Beaujolais Nouveau, is uncorked, we find out why the event causes so much excitement.
Wall Street Update Edition
Douglas McIntyre, editor of 24/7 Wall Street talks about what drove action on Wall Street and how U.S. tax reform is influencing the market. Also in the programme, Venezuela – in the depths of an economic crisis – has been given a helping hand by Russia in a deal to allow the country to make minimal repayments on debt it owes Moscow over the next six years. We explore details of that agreement. Then, we look at why Alaska Airlines said it will discontinue its daily flight between Los Angeles and Havana, Cuba after the U.S. government last week made it tougher for Americans to visit the nation.