:00:07. > :00:09.This is Business Live from BBC News with Ben Thompson
:00:10. > :00:20.How will Brexit Britain trade with the rest of the world?
:00:21. > :00:23.As the G20 summit in China gets underway, Britain's Prime Minister
:00:24. > :00:24.faces tough questions over post brexit trade.
:00:25. > :00:37.Live from London, that's our top story on Monday 5th September.
:00:38. > :00:39.The Prime Minister has also questioned the effectiveness
:00:40. > :00:42.of a points-based system for controlling immigration warning
:00:43. > :00:48.We'll be live at the G20 for the latest.
:00:49. > :00:58.As Apple prepares to unveil its new handset this week
:00:59. > :01:01.amid the scandal of its tax affairs, Samsung counts the cost of one
:01:02. > :01:08.And it's a new week for the markets in Europe - and this is how they're
:01:09. > :01:12.And harnessing the power of the sun - and private investors.
:01:13. > :01:14.We meet the firm that's luring international backers to fund solar
:01:15. > :01:20.energy projects across South America.
:01:21. > :01:25.And as HSBC says it will let you scan your face instead of typing
:01:26. > :01:28.in a PIN number or security code, we want to know -
:01:29. > :01:30.how safe do you feel banking online?
:01:31. > :01:48.A second day of meetings is being held at the G20 summit
:01:49. > :01:58.Talks have of course bee dominated by Britain's Brexit vote
:01:59. > :02:00.with the Prime Minister Theresa May questioning the effectiveness
:02:01. > :02:03.of a points-based immigration system for EU migrants
:02:04. > :02:06.At the same time she's also been attempting some fancy diplomatic
:02:07. > :02:09.footwork to try and persuade the world's major powers to strike
:02:10. > :02:12.free trade deals with the UK once it leaves the EU.
:02:13. > :02:17.The host nation, China, is also using the summit to increase its say
:02:18. > :02:22.in running the global economy and promote its new regional
:02:23. > :02:29.In an exclusive interview with the BBC, our China editor
:02:30. > :02:31.Carrie Gracie asked the bank's President, Jin Liqun,
:02:32. > :02:34.if China was the right country to be pressing the argument
:02:35. > :02:46.You know, it's not possible for you to urge somebody to do
:02:47. > :02:49.something while you yourself don't do it.
:02:50. > :02:50.Yeah, well, that is my point, really.
:02:51. > :02:55.China's reform will not get stalled, and, he said, we will not make
:02:56. > :02:59.Some of the observers of China's policies will say, well,
:03:00. > :03:02.talk is cheap, their argument being that if you really want China
:03:03. > :03:05.to help kick-start global growth, then to dismantle the huge,
:03:06. > :03:10.sclerotic, state-owned enterprises, and to provide more access
:03:11. > :03:13.for China's own private enterprises, and for foreign enterprises,
:03:14. > :03:18.You know, I'm a Chinese national, you may say I'm biased.
:03:19. > :03:20.But we aren't just doing the talking, we are
:03:21. > :03:26.And talking is cheap, but action is certainly
:03:27. > :03:30.But it calls for both parties to do the same.
:03:31. > :03:41.That is why I think G20 in Hangzhou is very, very important.
:03:42. > :03:43.Now, these kind of discussions, or talkings, quote-unquote,
:03:44. > :03:58.Later today China and the UK will sit down to discuss China's
:03:59. > :04:01.investment in Britain's nuclear-power station. Earlier I was
:04:02. > :04:14.speaking to Robin Brant and I ask them, is Brexit the talk of the
:04:15. > :04:16.town? I think it dominated the discussions between Theresa May on
:04:17. > :04:22.her international debut. President Barack Obama yesterday made no bones
:04:23. > :04:26.about it. Even though there is a special relationship between these
:04:27. > :04:30.two countries, he said the US was concerned about any adverse effect
:04:31. > :04:34.on trade between the two nations as the UK tries to extricate itself
:04:35. > :04:37.from the European union and he reminded Theresa May that the US
:04:38. > :04:41.thinks it is more important to reach a free-trade deal with the European
:04:42. > :04:45.Union and its Asia Pacific partners first. In reality, yes, Britain is
:04:46. > :04:49.at the back of the queue when it comes to a deal with the United
:04:50. > :04:54.States. But Theresa May, she will sit down with the Chinese officials
:04:55. > :04:59.to talk about Hinkley Point. I wonder if China will be able to
:05:00. > :05:05.reassure over the security concerns, which is the reason why we think
:05:06. > :05:09.Britain delayed this deal. I am not sure if there is much more that
:05:10. > :05:16.President Xi Jin Ping can do to reassure her. But there are concerns
:05:17. > :05:20.about national security and worries about the malign influence that
:05:21. > :05:24.China may have down the line if indeed it is to be in control of
:05:25. > :05:26.these very important infrastructure things, like new nuclear power
:05:27. > :05:33.stations. But make no mistake, this stations. But make no mistake, this
:05:34. > :05:39.is an important issue further. Chinese, crucially, it is absolutely
:05:40. > :05:44.important for them that they show the world they can do big, high-tech
:05:45. > :05:47.infrastructure stuff like this. The fact the Prime Minister has put the
:05:48. > :05:51.agreement on hold is a source of concern for them. And look, there
:05:52. > :05:56.will be no decision here at the G20 from her. They will have to wait for
:05:57. > :06:00.that but she had to reassure them that she is being there in this
:06:01. > :06:03.reassessment. But there are some on the UK site, senior figures telling
:06:04. > :06:08.me that they believe this is a dangerous time for UK China
:06:09. > :06:16.relations and even the idea that some are mooting around the Prime
:06:17. > :06:19.Minister that you can separate the two issues, this person today said
:06:20. > :06:27.that that kind of suggestion is idiotic. Robin Brant, at the G20
:06:28. > :06:34.Summit, talking to me earlier. We will be talking to him over the next
:06:35. > :06:38.couple of days, hopefully. In other news, Malcolm Turnbull, the
:06:39. > :06:41.Australian Prime Minister, says he wants to negotiate a strong
:06:42. > :06:47.free-trade agreement with Britain. He was speaking to reporters on the
:06:48. > :06:48.sidelines of that summit. That would be good, a trade deal with the
:06:49. > :06:50.Aussies! Formula 1 has a new owner -
:06:51. > :06:55.after a deal worth $8.5 billion. John Malone's Liberty Media
:06:56. > :06:58.is to make the first of two payments tomorrow that
:06:59. > :07:00.would finalise the deal. The German magazine Auto Motor und
:07:01. > :07:02.Sport said the deal had been confirmed by F1 chief executive
:07:03. > :07:08.Bernie Ecclestone. The sale allows US private equity
:07:09. > :07:11.firm CVC Capital Parners, And it was a race of a different
:07:12. > :07:21.kind through the streets The city hosted its first
:07:22. > :07:24.Drone Festival on Sunday, including an international race
:07:25. > :07:26.along the Champs-Elysees. While drones are increasingly used
:07:27. > :07:28.by French security services, civilians are forbidden from flying
:07:29. > :07:48.them over Paris without Drones over Paris. Should we do the
:07:49. > :07:51.life that? -- live page. There are special coverage on our live page
:07:52. > :07:57.Brexit Britain. We're talking about the applications of what happens to
:07:58. > :08:00.the UK after the vote. As we have been discussing, there is a lot
:08:01. > :08:03.being discussed at the G20 about what trade deals would look like and
:08:04. > :08:06.what relationship the UK would have with the rest of the world and we
:08:07. > :08:11.have had some timely advice from Japan.
:08:12. > :08:15.Japan, this is the country that has had deflation for 25 years, that has
:08:16. > :08:23.thrown the kitchen sink at its economy, basically? Giving advice to
:08:24. > :08:26.us? You are suggesting it is a little bit rich? What about the
:08:27. > :08:30.Obama saying we are at the back of Obama saying we are at the back of
:08:31. > :08:34.the queue? He is gone in November. And it could be a Trump presidency,
:08:35. > :08:38.where things will look very different. We're being told to move
:08:39. > :08:48.on so let's move on. It is not an easy ride for of us, nor for South
:08:49. > :08:54.Korea's shipping giant, Hanjin. They have been hammered. Investors not
:08:55. > :09:03.reacting well. It is South Korea's biggest and the world's ninth
:09:04. > :09:06.biggest. I wonder, Hanjin is a consequence, one of the victims of
:09:07. > :09:13.what is happening around the global economy. We are shipping less stuff.
:09:14. > :09:18.That's right. Hanjin's problems are sent a matter of what is facing the
:09:19. > :09:23.entire industry. And to correct you, it is the world's seventh biggest
:09:24. > :09:27.line. But this is the first time they have traded since filing for
:09:28. > :09:34.bankruptcy. It sunk by as much as 30%. Investors are not feeling
:09:35. > :09:39.positive about the start because that is the daily limit. The shares
:09:40. > :09:43.are at their lowest since 2009 and the company is filing for court
:09:44. > :09:47.protection in as many as 43 countries. Why? Because half of its
:09:48. > :09:52.shipping fleet and its contents are in limbo, stranded because creditors
:09:53. > :09:55.have either seized the ships or the ports have refused to handle them
:09:56. > :10:00.because the workers are afraid they will not get paid. What does this
:10:01. > :10:03.mean? You might not be able to get your TB, handbag or couch because
:10:04. > :10:10.they would be stuck on one of those containers. -- you might not be able
:10:11. > :10:16.to get your TV. Look at the numbers and things are starting pretty OK,
:10:17. > :10:19.but bearing in mind that there is a lot of central bank action that is
:10:20. > :10:24.keeping the markets on edge. The Nick Cave at a high not seen for
:10:25. > :10:33.three months following some volatile trade. -- the Nikkei at a high. Not
:10:34. > :10:37.a huge amount moving the markets but more economic stats coming in this
:10:38. > :10:41.morning that we will keep an ion. As I said, Wall Street is closed today
:10:42. > :10:42.but we have got the details about what else has been happening
:10:43. > :10:52.stateside. Monday is a holiday in the US and
:10:53. > :10:56.the markets will be close. There are still a few things happening to keep
:10:57. > :11:01.us going. On Tuesday, Congress returns from a seven-week recess
:11:02. > :11:04.with only a few weeks left to pass a stopgap spending bill to keep the
:11:05. > :11:10.government running before funding runs out on September 30. On
:11:11. > :11:15.Wednesday, Apple holds a keynote event and company executives will
:11:16. > :11:19.likely present the new iPhone seven. And the new Apple watch, and
:11:20. > :11:25.improvements to its operating system. And Barnes Noble will
:11:26. > :11:30.report earnings on Thursday. It has been trying to attract shoppers by
:11:31. > :11:34.expanding its offerings to include toys and craft brewing kits as a way
:11:35. > :11:38.to reverse its seven quarters of sales decline. Finally, a fun fact
:11:39. > :11:44.about Barnes Noble. In July, the company said that Harry Potter and
:11:45. > :11:50.accursed child became the company's most reordered book since Harry
:11:51. > :11:55.Potter and the deathly Hallows in 2007. The new iPhone seven on
:11:56. > :11:57.Wednesday, potentially. Joining us is Manji Cheto,
:11:58. > :12:06.Teneo Intelligence, Great to have you with us, as
:12:07. > :12:13.always. Where do we start? Samir was taking us through the week ahead. If
:12:14. > :12:17.we look back to last Friday, jobs numbers, we always focus on the jobs
:12:18. > :12:24.numbers, and the American central bank. What do the job numbers tell
:12:25. > :12:27.us about the Fed's decision on racing or not raising interest
:12:28. > :12:33.rates? The markets are incredibly divided on the latest figures. It is
:12:34. > :12:37.broadly on trend. US jobs are doing fairly well but actually the numbers
:12:38. > :12:42.came out just below expectations. Broadly, we are seeing the markets
:12:43. > :12:46.reacting, perceiving that the September rates hike is not going to
:12:47. > :12:50.happen. But some people are actually saying, well, we might actually get
:12:51. > :12:55.something happening and effectively what has happened with SMP 500, we
:12:56. > :12:58.have had no movement for 40 days. Clearly, everyone is sitting on the
:12:59. > :13:06.fence and thinking that we don't know what is going to happen with
:13:07. > :13:08.the Fed's decision. You are coming back later to take us through
:13:09. > :13:14.of the stories in the newspapers. We of the stories in the newspapers. We
:13:15. > :13:15.will see you shortly. Still to come, we are going to talk about solar
:13:16. > :13:18.energy and the firm linking energy and the firm linking
:13:19. > :13:21.international investors with the international investors with the
:13:22. > :13:25.power to harness the sun. Stay with us for that.
:13:26. > :13:28.Thousands of people in the French town of Calais are expected
:13:29. > :13:31.to blockade the port this morning, to demand the closure of the migrant
:13:32. > :13:39.Later today, lorry drivers, businesses and trade
:13:40. > :13:42.unions will form a human chain blocking the port.
:13:43. > :13:45.Immigration is a key topic in Britain's Brexit talks -
:13:46. > :13:48.but Prime Minister Theresa May has raised doubts over the value
:13:49. > :13:51.of the so-called points system used to assess the value
:13:52. > :13:59.We are joined from Calais by the BBC's Richard Galpin.
:14:00. > :14:09.Richard, lots of disruption expected today. That's right. We can swing
:14:10. > :14:13.the camera out now over the motorway, and you can see that this
:14:14. > :14:19.is the main motorway leading into Calais. Certainly the inbound
:14:20. > :14:22.carriageway is pretty much down to a trickle of cars coming through,
:14:23. > :14:33.because the lorry drivers are already on the motorway and they are
:14:34. > :14:37.basically on a go-slow, letting just a few cards through, but down to a
:14:38. > :14:40.trickle. On the other side, you can see a line of tractors because
:14:41. > :14:44.farmers are going to join in as well. There is a group of them
:14:45. > :14:49.there, lined up and ready to go. They are still on their way towards
:14:50. > :14:53.Calais as I speak. Yes, we are respecting a lot of disruption on
:14:54. > :14:57.the roads and also, as you were saying, without human chain that
:14:58. > :15:03.will be on the roads, leading to the port itself. The expectation is that
:15:04. > :15:06.during the day and we do not know during the day and we do not know
:15:07. > :15:11.how long this will go on for. Certainly the organisers have talked
:15:12. > :15:14.about continuing it if they do not get the response that they want from
:15:15. > :15:20.the French and British governments today. I.e., that they would agree
:15:21. > :15:23.to close down the migrants and refugee camps here in Calais. Then
:15:24. > :15:26.they are threatening to continue with some kind of action and we do
:15:27. > :15:29.not know whether that will be a further blockade or some other
:15:30. > :15:33.protest but they are talking about continuing these protests. Good
:15:34. > :15:35.stuff, Richard. Thank you. We will keep a close eye on that. Richard
:15:36. > :15:46.Galvin at Calais. Calais is the focus of a lot of
:15:47. > :15:51.debate to do with Brexit Britain, with regards to the immigration
:15:52. > :15:57.checks, which side of the border should those checks be carried out
:15:58. > :15:59.on? It is Brexit day, there is a special report on the website about
:16:00. > :16:02.Brexit Britain, check it out. Australia's Prime Minister Malcolm
:16:03. > :16:06.Turnbull has said he's determined to support Britain after Brexit
:16:07. > :16:09.by creating a strong free trade Later today, the British PM
:16:10. > :16:14.Theresa May will meet the Chinese leader Xi Jinping for their first
:16:15. > :16:19.talks since she postponed building a nuclear power station in Somerset
:16:20. > :16:28.using Chinese investment. That $8 billion. I hope she can say
:16:29. > :16:36.the word nuclear better than I can! A quick look at how
:16:37. > :16:44.markets are faring.... The start of the new week in Europe,
:16:45. > :16:48.not a huge amount of movement, but we will keep a close eye on that.
:16:49. > :16:52.The pound and dollar have been pretty volatile. It is rising a
:16:53. > :16:56.little bit, the pound. The pound has been going up, the
:16:57. > :17:01.biggest jump in 25 years. Meeting rising energy demands
:17:02. > :17:03.will be one of the biggest challenges facing our world over
:17:04. > :17:05.the coming decades. Energy demand from less economically
:17:06. > :17:07.developed nations is predicted A lack of funding is traditionally
:17:08. > :17:12.one of the biggest barriers But one recently-launched company,
:17:13. > :17:25.Faro Energy, is hoping to make a particularly big impact in Latin
:17:26. > :17:27.America. It links firms needing power
:17:28. > :17:29.with global investors Sarah Chapman is the Chief
:17:30. > :17:45.Executive of Faro Energy. Hello and welcome. Let's pick on how
:17:46. > :17:47.it works, first of all. It is an interesting concept. You are
:17:48. > :17:51.bringing together businesses that need power and investors who have
:17:52. > :17:56.the money to put into it. In places with a lot of sun, it seems like a
:17:57. > :18:00.no-brainer, but it is a lack of funding. Exactly, that's right. Most
:18:01. > :18:04.businesses and energy consumers are used to paying for their energy as
:18:05. > :18:17.they use it, paying the bill every month. If you want to do so luck on
:18:18. > :18:21.the U have to do so love. That big upfront cost is a real barrier to
:18:22. > :18:26.people taking it up -- if you want to do solar, there is a big upfront
:18:27. > :18:32.cost. We provide solutions to commercial clients so they do not
:18:33. > :18:37.have to pay for it upfront, they continue to pay for their energy as
:18:38. > :18:42.they use it. You are stumping up the cost first, but they get the money
:18:43. > :18:47.back. Instead of paying the energy bill, they pay us instead. The
:18:48. > :18:54.investors invest in your company. Yes, they invest with us. What is
:18:55. > :19:00.the climate like so to speak. To find, you know, for investors in the
:19:01. > :19:04.solar energy at the moment. There is a lot of energy and enthusiasm about
:19:05. > :19:08.investing in the environment. We have seen the Paris agreement
:19:09. > :19:12.getting ratified. There is recognition that the global energy
:19:13. > :19:16.system is changing, and changing really quickly towards renewables.
:19:17. > :19:20.There is a huge business opportunity, attracting the terms
:19:21. > :19:23.without the need for subsidies, which is very exciting. We are
:19:24. > :19:28.seeing investors coming into this market, it is still quite early
:19:29. > :19:31.days, we are still seeing more adventurous investors, we're hoping
:19:32. > :19:36.that over time the more conventional investors will be coming in. Looking
:19:37. > :19:41.at the finance aspect, one of the biggest issues is land, getting
:19:42. > :19:45.landowners to cover their land with solar panels. How would you do that
:19:46. > :19:48.was Mike clearly the financial return is quite attractive, but
:19:49. > :19:53.there must be an element of having to persuade people to hand over the
:19:54. > :19:58.land? One of the big things that we do his rooftop solar, we install
:19:59. > :20:02.solar on the roofs of buildings that our customers have. That means they
:20:03. > :20:07.haven't got to make a choice between, I going to grow crops or
:20:08. > :20:12.install a solar system? It is on their roof, an area that they are
:20:13. > :20:16.not using. Is that big enough, the solar technology, I know it is
:20:17. > :20:21.pretty good, coming from Australia, I have lots of family who use it.
:20:22. > :20:25.But can you cover a roof and that will supply every bit of power
:20:26. > :20:30.needed? It really depends on what kind of business it is and how
:20:31. > :20:33.energy intensive it is. We are just about to start building a system or
:20:34. > :20:39.a roof over brand-new aquarium in Rio de Janeiro, and that will cover
:20:40. > :20:47.about 20% of the aquarium's energy usage. Which is a fair amount, it is
:20:48. > :20:53.not its total energy usage, but a big chunk. That is Latin America,
:20:54. > :20:57.while at in America, and what plans for elsewhere? The first reason is
:20:58. > :21:04.that it is really sunny. About twice as much solar resource that is in
:21:05. > :21:09.the UK. The other reason is favourable legislation, a good place
:21:10. > :21:12.to do business. There is a lot of need the new energy generation
:21:13. > :21:16.capacity over the next five to ten years. There is also huge
:21:17. > :21:20.opportunity for this in many other countries around the world. We are
:21:21. > :21:26.just getting started in Latin America. Good luck. We have got to
:21:27. > :21:31.wrap it up, but we have seen sort of similar plans with Africa, right?
:21:32. > :21:35.That is also a sunny place. Huge opportunities there as well. Good
:21:36. > :21:38.luck with everything. From one boss to another.
:21:39. > :21:43.As part of our CEO Secrets series, we ask business leaders
:21:44. > :21:46.Here is Stephen Kelly, the boss of business IT company Sage,
:21:47. > :21:49.offering the business advice he wished he had been given
:21:50. > :23:31.We asked you a question, we like to do the slow reveal... We are going
:23:32. > :23:36.to discuss a couple of weeks. I asked a question about online
:23:37. > :23:42.banking, HSBC, you can do a selfie, basically,... It gets you into your
:23:43. > :23:48.bank account because they recognise your face. Ben Wright says he does
:23:49. > :23:53.not use online banking, he doesn't trust it, he will speak to them.
:23:54. > :23:57.Good luck with that! Somebody else says, he fears for safety and
:23:58. > :24:01.privacy and security. If you have got to on a tied up in online
:24:02. > :24:07.banking. What do you reckon about this? Is it better than putting four
:24:08. > :24:11.codes? I think there is a positive side to this. We have so many
:24:12. > :24:16.passwords that we use a different things, and how many people actually
:24:17. > :24:21.remember them? This is taking care of the need for different passwords.
:24:22. > :24:25.As far as taking selfies and sending it the bank, it makes me feel a bit
:24:26. > :24:29.uncomfortable. When I land at Heathrow with the facial scans, I
:24:30. > :24:34.worry about who it is going to. You focus on how you look! I think
:24:35. > :24:38.broadly this is a positive thing. Do you do full hair and make up when
:24:39. > :24:46.you get off the plane! I am way too tired at that. I guess with the
:24:47. > :24:51.thumbprint or even the face... The eyes. I think that would make people
:24:52. > :24:55.much more comfortable. What about grandmothers? Taking selfies and
:24:56. > :24:59.centre the bank... Let's look at billboards. With the advent of all
:25:00. > :25:03.that technology and also some things like smartphones and all that sort
:25:04. > :25:07.of thing is, in a digital age it says that billboards are far from
:25:08. > :25:11.dead. The traditional big billboard is alive and well. Electronic
:25:12. > :25:16.billboards are still big in the city. Piccadilly Circus and Madison
:25:17. > :25:20.Square, it is still quite a big thing. The big problem however is
:25:21. > :25:24.that some people or inserting cameras on the billboards and
:25:25. > :25:29.actually monitoring the activity of people passing by. Obviously the big
:25:30. > :25:31.question now is about security, do I feel comfortable going past the
:25:32. > :25:37.billboards knowing that somebody is tracking what I am doing to target
:25:38. > :25:43.advertising? Maybe it will argue into your bank account! They can now
:25:44. > :25:49.have the cameras taking pictures of us -- log you into your bank
:25:50. > :25:54.account. They are seeing where we are looking on the billboard. Scary
:25:55. > :26:07.stuff. Thank you. That's it from us. We will see you very soon. Bye-bye.
:26:08. > :26:13.Hello there, good morning. We have tropical air with us today. That
:26:14. > :26:18.means there will be a lot of ground around, a little rain or drizzle,
:26:19. > :26:19.especially early on. There will be a warm and muggy