Browse content similar to 10/02/2016. Check below for episodes and series from the same categories and more!
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This is Business Live from BBC News with Ben Thompson and Sally Bundock. | :00:00. | :00:10. | |
Facing up to fraud as the cost of cyber-crime hits $600 billion | :00:11. | :00:13. | |
a year, we'll examine what's being done to tackle the fraudsters. | :00:14. | :00:16. | |
Live from London, that's our top story on Wednesday, 10th February. | :00:17. | :00:35. | |
Tackling the multi-billion dollar problem of fraud. | :00:36. | :00:39. | |
UK authorities and the Bank of England, launch a new task-force | :00:40. | :00:42. | |
to combat crimes against companies and consumers. | :00:43. | :00:47. | |
The force awakens at Walt Disney - | :00:48. | :00:54. | |
profits at its film business soar powered by the Star Wars movie | :00:55. | :00:57. | |
but not even Chewbacca can keep investors happy. | :00:58. | :01:05. | |
Financial markets are uneasy. Her headed higher, despite Japan having | :01:06. | :01:11. | |
more heavy losses. : And how do firms protect | :01:12. | :01:14. | |
their overseas staff from disaster, Chances are, they call | :01:15. | :01:17. | |
International SOS. The boss of the world's largest | :01:18. | :01:26. | |
global rescue firm will be here | :01:27. | :01:28. | |
to give us the inside track the Asian tsunami and | :01:29. | :01:30. | |
the Mumbai terror attacks. As shares in Twitter | :01:31. | :01:39. | |
fall to an all time low. We want your suggestions | :01:40. | :01:41. | |
on what you think the social media What is the one feature | :01:42. | :01:44. | |
you want to see added Let us know. | :01:45. | :01:47. | |
Just use the hashtag BBCBizLive. It is another packed show. Do you | :01:48. | :02:05. | |
feel like you are bombarded by spam and scams? | :02:06. | :02:06. | |
The rise of technology has also seen the rise of fraud, | :02:07. | :02:09. | |
giving criminals new tools to target companies and consumers. | :02:10. | :02:12. | |
So today, the UK Home Secretary, Bank | :02:13. | :02:13. | |
of England Governor Mark Carney, Chief Executives from the big banks | :02:14. | :02:16. | |
and the police have all teamed up to support a new initiative designed | :02:17. | :02:19. | |
to share intelligence to combat the global, | :02:20. | :02:21. | |
Five million frauds are committed every year in England and Wales. | :02:22. | :02:29. | |
With cheque, card and online banking fraud up 8%. | :02:30. | :02:36. | |
E-mail scams and malware have risen by around 20%, this year has seen | :02:37. | :02:46. | |
a sudden rise in spoof texts, cleverly designed to look | :02:47. | :02:49. | |
like they are sent from your bank or a government department, | :02:50. | :02:54. | |
with the aim of stealing personal or financial information. | :02:55. | :03:00. | |
It is not a UK problem, the Centre for Strategic | :03:01. | :03:02. | |
and International Studies in the US, say that cyber crime costs | :03:03. | :03:08. | |
the global economy $575 billion a year. | :03:09. | :03:10. | |
On the rise too, CEO Fraud where a criminal pretending to be | :03:11. | :03:13. | |
a company boss instructs an employee of another firm to transfer money, | :03:14. | :03:16. | |
Out of the $36 million reported to be lost to this type of fraud | :03:17. | :03:25. | |
in the UK, only $1.4 million is recovered. | :03:26. | :03:33. | |
Rachel Lane is the Director of Customer Analytics at Verint. | :03:34. | :03:40. | |
Rachel, nice to see. Sally running through the big issues there, but | :03:41. | :03:46. | |
this boils down to our personal use of how we use technology. I suppose, | :03:47. | :03:51. | |
first up, dos and don'ts of what we should be thinking about when we're | :03:52. | :03:55. | |
online. Yes, I think this moved on rapidly over the past 12 months as | :03:56. | :04:00. | |
consumers, we have seen quite a lot of fraud, both personally in our in | :04:01. | :04:05. | |
boxes, you can see the spam e-mails, but we have been looking on the news | :04:06. | :04:11. | |
at other hackings etcetera. Certainly data security is key for | :04:12. | :04:15. | |
consumers and top of mind at the moment. So in terms of dos and | :04:16. | :04:19. | |
don'ts, what consumers are looking for is to do business with | :04:20. | :04:23. | |
organisations that are transparent with them. So for example, if you're | :04:24. | :04:28. | |
online and you're making purchases online, when that organisation asks | :04:29. | :04:33. | |
you for data, you want to know there is benefit for you for giving that | :04:34. | :04:38. | |
data so you will get a personalised or faster service or they need it in | :04:39. | :04:42. | |
order to make the transaction complete. Those are the key things | :04:43. | :04:45. | |
from a consumer prospective that are top of mind right now. What are the | :04:46. | :04:49. | |
most common threats to consumers online? It is scamming and it is | :04:50. | :04:53. | |
that sort of identity fraud that we hear so much about, but as you | :04:54. | :04:57. | |
touched on there, it is so easy to be duped by the quality of some of | :04:58. | :05:01. | |
these scams? Yeah, there is. Many of them, you can still tell today. You | :05:02. | :05:06. | |
know when you get e-mails that if the English isn't great in the | :05:07. | :05:12. | |
e-mails you can discard those. When you think about those organisations | :05:13. | :05:15. | |
that are important to you, your banking relationship, your insurance | :05:16. | :05:18. | |
companies, they do not send you e-mails which require you to give | :05:19. | :05:21. | |
out passwords or any sensitive information. So I think if you're | :05:22. | :05:26. | |
concerned, then do not just delete that e-mail and do not do anything | :05:27. | :05:29. | |
about it, if that organisation is genuine, they will find another way | :05:30. | :05:33. | |
to contact you. Is sharing information online now a necessary | :05:34. | :05:37. | |
evil? Because if you want to do business with many of these | :05:38. | :05:40. | |
companies, we don't have an option, you have got to plug in your | :05:41. | :05:43. | |
personal details because that's how they get in touch with us, if you | :05:44. | :05:48. | |
look at TalkTalk, recently, it was credited with fronting up and | :05:49. | :05:51. | |
acknowledging there was a problem early on, it was very transparent in | :05:52. | :05:55. | |
how it tried to deal with it. Is that how we will judge our | :05:56. | :05:59. | |
relationship with the business based on how transparent they are? | :06:00. | :06:02. | |
Absolutely, it is. It should be as well. Consumers want you to be | :06:03. | :06:07. | |
honest with them. So with the TalkTalk example, it was clear that | :06:08. | :06:12. | |
although there was a catastrophic problem there, the CEO was very | :06:13. | :06:16. | |
media focussed, she was out there and she was talking exactly about | :06:17. | :06:21. | |
where they were. Frankly their initial response wasn't necessarily | :06:22. | :06:27. | |
what their consumers wanted to hear, however, that transparency meant you | :06:28. | :06:31. | |
felt comfortable that when they understood the full scope of what | :06:32. | :06:34. | |
the issue was, they would deal with it and they would make good on the | :06:35. | :06:38. | |
mistakes, which, of course, they did. A really interesting tale. | :06:39. | :06:42. | |
Rachel, thank you. Rachel Lane there. Thank you. | :06:43. | :06:43. | |
Thank you. Japan Airlines has announced that it | :06:44. | :06:46. | |
will cancel fuel surcharges on its international flights | :06:47. | :06:48. | |
in April and May due This is the first such move | :06:49. | :06:51. | |
in six and a half years. Its rival All Nippon Airways | :06:52. | :06:54. | |
is expected to follow suit. Australia's top mortgage lender, | :06:55. | :07:00. | |
Commonwealth Bank has posted its slowest growth | :07:01. | :07:02. | |
in half-yearly revenue - The Commonwealth is the first | :07:03. | :07:04. | |
of the country's big four banks to report its half-yearly earnings, | :07:05. | :07:08. | |
helping investors judge their ability to withstand | :07:09. | :07:10. | |
a slowdown in the Chinese economy Banking shares down under | :07:11. | :07:12. | |
are suffering the worst start to a year since the global financial | :07:13. | :07:19. | |
crisis due to rising British luxury fashion brand | :07:20. | :07:21. | |
Burberry is suing JC Penney. It's accusing the US retailer | :07:22. | :07:27. | |
of trademark infringement by selling clothes that featured exact | :07:28. | :07:31. | |
copies of its famous Burberry says it has used | :07:32. | :07:36. | |
that since the 1920s. So trying to keep JC Penney in | :07:37. | :07:59. | |
check! And there are more puns from Sally to come! | :08:00. | :08:05. | |
Pinewood telling us, it is looking at strategic options. It could | :08:06. | :08:08. | |
involve a sale of the business. Pinewood is famous for all sorts of | :08:09. | :08:12. | |
important English films, but potentially could have a new owner. | :08:13. | :08:16. | |
I want to take you to Heineken as well. We have had numbers from | :08:17. | :08:21. | |
Heineken. It says it is forecasting higher revenues and profits this | :08:22. | :08:25. | |
year. For last year, profits were up by 16%. You have been talking to | :08:26. | :08:29. | |
them as well. I talked to the chief financial officer of Heineken, who | :08:30. | :08:34. | |
is a French lady, who is in her mid-40s, quite an impressive woman, | :08:35. | :08:40. | |
I have to say. I was impressed by your pronunciation. | :08:41. | :08:43. | |
Deutsche Bank isn't the only lender around the world having | :08:44. | :08:45. | |
Japanese bank shares are also falling. | :08:46. | :08:49. | |
Tell us more. They are being hit hard by the markets? Sally, the | :08:50. | :09:02. | |
Japanese lenders are getting a real beating. For example, miss bishy | :09:03. | :09:10. | |
down more than 7%. A financial group down 7%. What is causing this? Well, | :09:11. | :09:17. | |
there are fears of another global recession and there is the issue of | :09:18. | :09:23. | |
a strong Japanese yen. It spiked versus the US dollar recently and | :09:24. | :09:28. | |
that's because investors are dumping risky assets and buying the yen | :09:29. | :09:32. | |
because of its safe haven status. There are concerns about the | :09:33. | :09:35. | |
European Banking system and whether there is more stress there. So it | :09:36. | :09:40. | |
has been felt across the sector, but in Japan in particular, I think it | :09:41. | :09:43. | |
is from negative interest rates that were adopted at the end of last | :09:44. | :09:46. | |
month. This means that commercial banks have to pay interest on | :09:47. | :09:50. | |
certain deposits held at the Central Bank and this is expected to squeeze | :09:51. | :09:55. | |
already tight profit margins at the Japanese lenders. So overall we are | :09:56. | :09:59. | |
seeing selling across-the-board in Japan, but the banks are getting | :10:00. | :10:02. | |
really hard hit. Thank you very much. | :10:03. | :10:06. | |
Let's look at the numbers so we have a sense of how the day ended in | :10:07. | :10:14. | |
Japan. Down 2.3%. The figure for Hong Kong is actually last Friday. | :10:15. | :10:18. | |
Many markets are closed. Singapore reopened today and it had a tough | :10:19. | :10:23. | |
time. In America, you can see the Dow closing down slightly on | :10:24. | :10:27. | |
Tuesday. Let's look at Europe now quickly before we hand to our team | :10:28. | :10:32. | |
on Wall Street. So a mixed picture emerging. London was up moments ago. | :10:33. | :10:36. | |
It is now down. So really markets not really sure which direction to | :10:37. | :10:40. | |
go in. Let's hear more from Michelle Fleury who is in the US for us. What | :10:41. | :10:45. | |
will Janet Yelland signal about US interest rates? Well, Wall Street | :10:46. | :10:49. | |
will be listening closely for any clues, the chairwoman of the Federal | :10:50. | :10:55. | |
Reserve heads to Capitol Hill on Wednesday for two days of | :10:56. | :10:59. | |
congressional testimony. A lot changed from her press conference in | :11:00. | :11:02. | |
December when the Central Bank raised rates. There are financial | :11:03. | :11:06. | |
worries and concerns about the knock on effect this will have on the US | :11:07. | :11:12. | |
economiment there are notable companies reporting earnings, the | :11:13. | :11:14. | |
microbloging site Twitter is expected to report a rise in fourth | :11:15. | :11:18. | |
quarter profits. Will it be enough to satisfy investors though? Since | :11:19. | :11:25. | |
he returned to the top job last year, the Chief Executive ruled out | :11:26. | :11:30. | |
service new services and products. And at thes letter reports after the | :11:31. | :11:33. | |
US market closes. James Quinn, Group Business | :11:34. | :11:39. | |
Editor at The Telegraph. We are allowed to talk about the Fed | :11:40. | :11:48. | |
and rates again because we have talked so much about it, but there | :11:49. | :11:53. | |
was a ban in between. It is back in the spotlight now. That's right, we | :11:54. | :11:57. | |
ended the year talking about nothing else. Interest rates going up in the | :11:58. | :12:02. | |
US. Everyone thinking 2016 would be a great year and the whole of | :12:03. | :12:06. | |
January, fears stalking the markets and February kicked off in the same | :12:07. | :12:11. | |
way. Everyone looking to Janet Yelland to see if she can raise our | :12:12. | :12:21. | |
hopes or compound our fears. Back in November, of last year, people were | :12:22. | :12:25. | |
now some analyst are saying nothing now some analyst are saying nothing | :12:26. | :12:29. | |
now in 2016 in terms of future rate rises in the US? Yes, that's right | :12:30. | :12:35. | |
and the Economist Intelligence Unit saying no more rate rises in the UK | :12:36. | :12:40. | |
until 2020. It is not great for savers, but great for people with | :12:41. | :12:43. | |
mortgages. Michelle touched on it from New | :12:44. | :12:47. | |
York, but Twitter, an important time and shares falling in after hours | :12:48. | :12:51. | |
trading and they are really struggling to find a purpose. It is | :12:52. | :12:54. | |
easy for us to think in certain professions maybe in the media, we | :12:55. | :12:58. | |
use Twitter a lot, but in the real world, it is Facebook that everyone | :12:59. | :13:00. | |
is using and that's the problem, isn't it? That's right. Twitter has | :13:01. | :13:07. | |
300 million users, subscribers, but they don't pay a fee, nor do they on | :13:08. | :13:11. | |
Facebook, but on Facebook they tend to be more zwrick and they hang | :13:12. | :13:15. | |
around longerment on Twitter, people are floating in and out, shares all | :13:16. | :13:21. | |
time lie and the Chief Executive is trying to redefine what Twitter is | :13:22. | :13:24. | |
about, show there is a reason for it. | :13:25. | :13:28. | |
One we will watch closely. James for now, thank you very much. James | :13:29. | :13:29. | |
Quinn there. We speak to this | :13:30. | :13:35. | |
man, Arnaud Vaissie. More than 60% of companies | :13:36. | :13:38. | |
in the Fortune 500 are his clients! You're with Business | :13:39. | :13:41. | |
Live from BBC News. The gender pay gap is back | :13:42. | :13:50. | |
in the spotlight today. The Women and Equalities Select | :13:51. | :13:57. | |
Committee will hear evidence about the persistent gap | :13:58. | :14:00. | |
between what women earn The inquiry is aiming to narrow that | :14:01. | :14:02. | |
divide since official figures show that men still earn 19% more | :14:03. | :14:05. | |
than women in the UK. Wedndy Bowers is the Ambassador | :14:06. | :14:08. | |
for Women's Enterprise Wendy, good morning. Talk us through | :14:09. | :14:21. | |
why the gap persists. It is something we talked a lot, but it | :14:22. | :14:25. | |
never seems to go away as a problem. Good morning Sally and good morning, | :14:26. | :14:31. | |
Ben. Yes we have a huge problem and this increases as women move | :14:32. | :14:33. | |
throughout their careers. So for women over 40, the pay gap is 35%. | :14:34. | :14:42. | |
For women over 50, it is 38%. We know the stats, 69% of junior | :14:43. | :14:50. | |
managers, and 63% of junior managers female. We know that we need to make | :14:51. | :14:56. | |
agile working something that's acceptable as the norm. We need | :14:57. | :15:02. | |
universal subsidised childcare which will enable many more women to go | :15:03. | :15:06. | |
back into work, into the full-time positions that they have fought hard | :15:07. | :15:10. | |
to gain. We know we need more women in higher paid occupations because | :15:11. | :15:15. | |
many women work in part-time occupations where flexible work is | :15:16. | :15:19. | |
available, but they tend to be the lower paid occupations. So, it is | :15:20. | :15:25. | |
great that the Government is moving towards gender pay gap reporting in | :15:26. | :15:30. | |
companies that are the large companies over 250 employees, but we | :15:31. | :15:35. | |
must not forget that 65% of our employees work in very small | :15:36. | :15:38. | |
businesses and you know, we have many more employees working in SMEs. | :15:39. | :15:43. | |
What we need to be doing actually is looking at the percentages of male, | :15:44. | :15:49. | |
versus female managers at every level throughout our organisations | :15:50. | :15:50. | |
that have more than 100 employees. The issue seems to be something that | :15:51. | :16:11. | |
does not go away. The information on our website. Look at the story in | :16:12. | :16:16. | |
the Guardian. A report calling for the abolition of network rail at the | :16:17. | :16:23. | |
moment. That could lead to privatisation. It is the | :16:24. | :16:25. | |
nationalisation of the railways that is causing problems. | :16:26. | :16:33. | |
Combating fraud is the top story today. The UK is launching a new | :16:34. | :16:41. | |
crackdown on this issue to tackle high-tech crime. In many cases the | :16:42. | :16:46. | |
cost of that crime rises ever more. Up to $600 billion per year. It is a | :16:47. | :16:59. | |
similar story. Many businesses expanding overseas is easier than | :17:00. | :17:03. | |
ever. It is not uncommon for firms to have staff based in all corners | :17:04. | :17:07. | |
of the world. How can you make sure those staff are safe regardless of | :17:08. | :17:11. | |
where the art? What if your employees are caught up in an | :17:12. | :17:16. | |
earthquake or add natural disaster, and outbreak of war or disease. Our | :17:17. | :17:20. | |
next guest is a man who many companies come through. He is the | :17:21. | :17:28. | |
founder of International SOS. It is the largest medical and security | :17:29. | :17:36. | |
travel company. It provides services to employees working overseas in the | :17:37. | :17:41. | |
moat or dangerous places. It has more than 10,000 clients including | :17:42. | :17:45. | |
multinational firms and government agencies. Since it was founded more | :17:46. | :17:50. | |
than 30 years ago, demand for these services has risen sharply and looks | :17:51. | :17:56. | |
after 61% of Fortune global 500 companies. It played a key role in | :17:57. | :18:00. | |
disasters such as the recent terror attacks in Paris and in Mali. And | :18:01. | :18:10. | |
also the Ebola and SARS epidemics. The boss joins us. Welcome. You are | :18:11. | :18:24. | |
operating in many countries, clean through the practical reality of how | :18:25. | :18:27. | |
it all works. It strikes me that you are having to go into places that | :18:28. | :18:31. | |
most people are leaving just at the time when it is most difficult. We | :18:32. | :18:39. | |
are pretty much everywhere and it works through 24-7 assistance | :18:40. | :18:41. | |
centres that are throughout the world. We have a large centre here | :18:42. | :18:49. | |
in London. These assistance centres are staffed with doctors and | :18:50. | :18:54. | |
security specialists. They take calls from our members and employees | :18:55. | :18:59. | |
of clients 24-7 and respond to the provision of medical advice which is | :19:00. | :19:06. | |
a large part of what we do, all the way through to managing major | :19:07. | :19:09. | |
crisis. Explain how this started. It was yourself and a friend 30 years | :19:10. | :19:14. | |
ago, he was a doctor and Ju Reti businessman. We had this idea? He | :19:15. | :19:24. | |
still busy doctor today. He was actually sent to South East Asia at | :19:25. | :19:29. | |
this time in the military. He realised there was very little | :19:30. | :19:32. | |
medical assistance outside of the hospital. The idea was to set in | :19:33. | :19:39. | |
place a system that caught -- corporations could use for their | :19:40. | :19:41. | |
employees throughout south-east Asia. From them, we went around the | :19:42. | :19:48. | |
world. We looked at Asia first, all the way to China. And then the | :19:49. | :19:55. | |
United States and now we're into eastern Africa. What are the most | :19:56. | :19:58. | |
difficult issues you have faced on the ground? It is difficult -- | :19:59. | :20:02. | |
different depending on the emergency, we had talked about the | :20:03. | :20:06. | |
sort of this mess in the past and when we have discussed it, it is the | :20:07. | :20:11. | |
surprising thing is that are the most difficult, the bureaucracy of | :20:12. | :20:14. | |
getting into these countries. Is that an issue you face? It is an | :20:15. | :20:21. | |
issue. We have close to 100 staff who are already prepared to set in | :20:22. | :20:25. | |
motion all of the agreements that we are going to need when we intervene. | :20:26. | :20:32. | |
The preparation and planning is absolutely key to what we are doing. | :20:33. | :20:38. | |
The reality is that even though risk is high, the mundane issues are | :20:39. | :20:46. | |
still critical to most travellers such as falling sick abroad or a car | :20:47. | :20:52. | |
accident which remains the number one problem for international | :20:53. | :20:56. | |
travellers. Interesting, we always assume it is the big events like | :20:57. | :21:00. | |
what happened in Paris. The most high risk thing to do is to get in a | :21:01. | :21:04. | |
car, depending on where you are in the world. On a personal level, how | :21:05. | :21:12. | |
do you handle this because you are running a company with thousands of | :21:13. | :21:19. | |
employees that looks after clients's employees of many thousands, facing | :21:20. | :21:22. | |
all sorts of challenges. How do you personally switch from that? It is a | :21:23. | :21:30. | |
24-7 organisation. We are a global company and we take care of our | :21:31. | :21:35. | |
clients all of the time. You cannot be disconnected. There are 11,000 of | :21:36. | :21:45. | |
us. Many talented people. 1400 physicians. Many security | :21:46. | :21:49. | |
specialists. These people can function independently and they do, | :21:50. | :21:53. | |
around the world. Time is against us but it is nice to see you. Thank you | :21:54. | :22:09. | |
so much. Also in the programme, the force awake and is sees profits Walt | :22:10. | :22:22. | |
Disney 's Prost Mac profits rise. Profits at most Disney studio | :22:23. | :22:26. | |
division rose by 86% in the last quarter, fuelled by that Star Wars | :22:27. | :22:33. | |
film. Disney's TV channel such as ESPN suffered from higher programme | :22:34. | :22:36. | |
costs and falling subscriber numbers. It went up 30% in profits | :22:37. | :22:43. | |
but did not impress Wall Street. One industry watcher told us why | :22:44. | :22:47. | |
television is becoming the biggest challenge. The demographic is moving | :22:48. | :22:51. | |
towards online platforms with young people and teenagers. The challenge | :22:52. | :22:58. | |
for Disney is hitting that audience both in the pay-TV space but also in | :22:59. | :23:02. | |
advertising because advertising is moving online as well. One way to | :23:03. | :23:07. | |
counter this is to start to license people like net flicks and that is | :23:08. | :23:10. | |
what they have done with movies in the US which is their core market. | :23:11. | :23:15. | |
They are also exploring direct insurer options so in the UK we have | :23:16. | :23:21. | |
the launch of Disney Life which is a monthly subscription over the | :23:22. | :23:25. | |
service on the Internet. That is targeting the young demographic that | :23:26. | :23:31. | |
is watching online. Let us look at other business stories that are | :23:32. | :23:34. | |
taking interest. James Quinn is back with us from the Telegraph. If you | :23:35. | :23:39. | |
could be a Disney hero, who would it be? Probably Aladdin. I would have | :23:40. | :23:53. | |
to be Superman Batman. You would be a Marvel hero? I want the power of | :23:54. | :24:05. | |
Frozen. I could freeze you both. Twitter is not Facebook says the | :24:06. | :24:08. | |
Washington Post but boasted he expects it to be and that is the | :24:09. | :24:13. | |
problem. We get twitter results later. The challenge is how they | :24:14. | :24:17. | |
make it relevant to everybody, not just certain areas. The media | :24:18. | :24:23. | |
industry is easy for us to think that everyone is looking at Twitter. | :24:24. | :24:27. | |
Amongst the older demographic there are some statistics that see the | :24:28. | :24:34. | |
above 65-year-olds in the US, almost half are on Facebook but will only | :24:35. | :24:40. | |
6% are on Twitter. If you are looking to make money from | :24:41. | :24:43. | |
advertisers, you need to go through the demographic rather than just | :24:44. | :24:48. | |
younger people. We were asking about the one thing you would change about | :24:49. | :24:53. | |
Twitter. Lots of people saying it is the ability to edit suites that they | :24:54. | :24:57. | |
want. Once you have done it it is out in the world and cannot do much | :24:58. | :25:01. | |
rather than deleted. Advertising saying if you use certain platforms | :25:02. | :25:06. | |
to access Twitter so you do not see any adverts and they are amazed it | :25:07. | :25:09. | |
makes money. Let us talk about Deutsche Bank. The German finance | :25:10. | :25:14. | |
minister coming out to say it will be all right and we will do | :25:15. | :25:17. | |
everything we can to make sure there are no major disasters. It is | :25:18. | :25:21. | |
unusual to see the finance minister to come out and say do not worry. | :25:22. | :25:27. | |
The chief executive of Deutsche Bank was born in the UK in and came out | :25:28. | :25:32. | |
and said we are rock-solid, do not worry. There are reports that debts | :25:33. | :25:37. | |
will be brought back by the bank and that is what investors are worried | :25:38. | :25:45. | |
about. As always, time is against us. Thank you very much. Thank you | :25:46. | :25:52. | |
for joining us. We will see you again tomorrow. | :25:53. | :26:15. | |
The next few days are settled and I was plenty of sunshine. It. Chivalry | :26:16. | :26:19. | |
across the country | :26:20. | :26:21. |