13/03/2018

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0:00:08 > 0:00:11Hello, this is Business Live on the BBC.

0:00:11 > 0:00:16The blocking of the deal, President Trump says no to a huge US tech

0:00:16 > 0:00:21takeover. That is our top story on Tuesday,

0:00:21 > 0:00:24the 13th of March.

0:00:37 > 0:00:42Computer chips are in most of our smartphones and the US is worried

0:00:42 > 0:00:45that the $140 million deal would have harmed its national security.

0:00:45 > 0:00:51Also coming up in the programme, a UN report leaked to the BBC alleges

0:00:51 > 0:00:55that North Korea is believed to be evading international sanctions by

0:00:55 > 0:00:59using Asian companies. As ever, we keep a check on the markets, let's

0:00:59 > 0:01:06have a look across Europe. In London, invest -- investors waiting

0:01:06 > 0:01:11to see the Spring Budget. And from the farm to your fridge, we

0:01:11 > 0:01:15will hear how one food box for can get your dinner ingredients to you

0:01:15 > 0:01:20in 24 hours and what difference it makes the house of Britain but my

0:01:20 > 0:01:21biggest sporting stars behind the brand.

0:01:21 > 0:01:27Also, we would like to know about you today, Goldman Sachs' most

0:01:27 > 0:01:31likely nest box is more than one string to his bow, he is also known

0:01:31 > 0:01:39as a DJ, so what do you moonlight as? Get in touch and use hashtag.

0:01:48 > 0:01:52A very warm welcome to Business Live. Yes, let us know what your job

0:01:52 > 0:01:57on the site would be. A tie-up between QUALCOMM and brought come

0:01:57 > 0:02:00would be the biggest of the technology sector has ever seen. But

0:02:00 > 0:02:06the company whose chips are most of our smartphones has been told no by

0:02:06 > 0:02:11Donald Trump. He said it threatens to impair US national security.

0:02:11 > 0:02:20Singapore -based broad, wanted to pay something like $142 billion or

0:02:20 > 0:02:23QUALCOMM, which is one of the leaders in the race to develop five

0:02:23 > 0:02:28G technology. But in a statement, programme says it strongly disagrees

0:02:28 > 0:02:36with President Trump is my reasoning. If you want to know what

0:02:36 > 0:02:44the investment think... It taken nearly $4 billion of the company's

0:02:44 > 0:02:48values. Qualcomm's importance is underlined by the sheer number of

0:02:48 > 0:02:52its chips. More than a billion iPhones and android handsets are

0:02:52 > 0:02:57powered by them. We have got Andrew Walker with us,

0:02:57 > 0:03:01part of our team in the business unit, one of economics

0:03:01 > 0:03:04correspondence. You have been looking at the detail, fill us in on

0:03:04 > 0:03:07a bit more.The order President Trump has signed its pretty

0:03:07 > 0:03:11straightforward. The proposed takeover of Qualcomm by there is

0:03:11 > 0:03:16prohibited. So is any substantially equivalent transaction. The results

0:03:16 > 0:03:25of an instruction that the purchaser, Broadcom, shall

0:03:25 > 0:03:27immediately abandoned the proposed takeover. One additional point is

0:03:27 > 0:03:34that the order also bans 15 individuals who Broadcom were

0:03:34 > 0:03:39seeking to get onto the board of Qualcomm, they are banned from being

0:03:39 > 0:03:42candidates, Qualcomm is banned from accepting them as candidates to the

0:03:42 > 0:03:46board. These are the people Broadcom hoped would get onto the board and

0:03:46 > 0:03:51produce a board that is more favourably disposed to this proposed

0:03:51 > 0:03:55takeover.And a pretty swift manoeuvre on the part of the White

0:03:55 > 0:03:58House to block all of this. When they say national security concerns,

0:03:58 > 0:04:05what are they?Well, it's quite striking. It's mainly about research

0:04:05 > 0:04:09and development. They fear that because of the nature of the deal,

0:04:09 > 0:04:15partly because they say it would be a private equity style deal, with

0:04:15 > 0:04:20$100 billion of debt financing, they think that would restrain the

0:04:20 > 0:04:23capacity to invest in new technology. They are particularly

0:04:23 > 0:04:28concerned about five G wireless technology, they think that Qualcomm

0:04:28 > 0:04:32will have a central role in developing that in the future, and

0:04:32 > 0:04:38in a report, an interim report, not an President Trump's order but done

0:04:38 > 0:04:41by the committee on foreign investment, they were concerned that

0:04:41 > 0:04:46anything restraining Qualcomm might create space for China to get a

0:04:46 > 0:04:50stronger position in the development of a wireless technology that will

0:04:50 > 0:04:55be very important for national security in the future. Some

0:04:55 > 0:04:59important to have US control on the development of the technology.

0:04:59 > 0:05:02Interesting, and you very much indeed, Andrew Walker. There is a

0:05:02 > 0:05:07lot more detail on our website so do take a look as and when you have a

0:05:07 > 0:05:07moment.

0:05:07 > 0:05:10Let's take a look at some of the other stories making the news.

0:05:10 > 0:05:12Apple is buying the magazine app subscription service Texture

0:05:12 > 0:05:13for an undisclosed amount.

0:05:13 > 0:05:15Texture offers US-based users unlimited access to more than 200

0:05:16 > 0:05:21titles for a monthly fee of $9.99.

0:05:21 > 0:05:23It is currently owned by Next Issue Media,

0:05:23 > 0:05:25which is backed by magazine publishers including

0:05:25 > 0:05:29Conde Nast, Hearst and Time.

0:05:29 > 0:05:32Germany's EON says it will cut up to 5,000 jobs as part of a deal

0:05:32 > 0:05:35to take over Innogy - a move that will shake up

0:05:35 > 0:05:36Germany's energy sector.

0:05:36 > 0:05:39The deal values Innogy at $27 billion and will leave EON

0:05:39 > 0:05:49focused on regulated energy networks and retail customers across Europe.

0:05:51 > 0:05:53These are the images of a flying car, backed

0:05:53 > 0:05:55by Google founder Larry Page, that's been secretly

0:05:55 > 0:05:56tested in New Zealand.

0:05:56 > 0:05:59The creators of Cora, Kitty Hawk, hope it will become an airborne taxi

0:05:59 > 0:06:03service in years to come.

0:06:10 > 0:06:12That would be great in London!It would be great anywhere.

0:06:12 > 0:06:15The BBC has seen a leaked draft of a United Nations report

0:06:15 > 0:06:17which accuses two Singapore companies of violating sanctions

0:06:17 > 0:06:20against North Korea.

0:06:20 > 0:06:22If the claims are proven, this potentially raises questions

0:06:22 > 0:06:24about just how common and widespread this practice is

0:06:24 > 0:06:27in the rest of Asia.

0:06:27 > 0:06:29The final report, which has been submitted to the UN

0:06:29 > 0:06:33Security Council, is expected to be published later this week.

0:06:33 > 0:06:37Both companies deny any wrongdoing.

0:06:37 > 0:06:39Our Asia Business Correspondent Karishma Vaswani has been

0:06:39 > 0:06:46looking into this and joins us from Singapore.

0:06:46 > 0:06:52So, just fill us in on the details. Well, the bleached UN draft report

0:06:52 > 0:06:58that I've seen alleges that the two Singapore -based firms supplied a

0:06:58 > 0:07:01range of luxury goods to North Korea including wines and spirits, and

0:07:01 > 0:07:06that is until as recently as July 20 17th and stop the draft report also

0:07:06 > 0:07:10claims that these companies received funds in Singapore for doing

0:07:10 > 0:07:16business in North Korea. Under UN sanctions, it has been illegal to

0:07:16 > 0:07:22sell luxury items to North Korea since 2006 and in fact sales of

0:07:22 > 0:07:26these items have been banned for several years. The Singaporean

0:07:26 > 0:07:31companies deny or on doing but the draft also alleges the two companies

0:07:31 > 0:07:36had long-standing close ties, including ownership ties with a

0:07:36 > 0:07:44North Korean bank. That was put on a US sanctions list in 2017. The

0:07:44 > 0:07:47Singaporean companies have said they had no interest in the bank and have

0:07:47 > 0:07:52been speaking to their lawyer he has confirmed to me that the companies

0:07:52 > 0:07:57are under investigation by Singapore authorities but insists they do not

0:07:57 > 0:07:59have any current financial links, interests or any sort of

0:07:59 > 0:08:05relationship with North Korea. I've been in contact with Singapore's

0:08:05 > 0:08:08Ministry of Foreign Affairs, it has told me it is aware of these cases

0:08:08 > 0:08:12and has said that where there is credible information of offences

0:08:12 > 0:08:17committed on -- under Singapore law, authorities have undertaken

0:08:17 > 0:08:20investigations.And does the draft report say anything about how

0:08:20 > 0:08:25widespread this is?Yes, it certainly does suggest that this

0:08:25 > 0:08:29might be a potential problem in the future, if indeed the claims in the

0:08:29 > 0:08:36draft report are proven. I've been speaking to North Korea watchers, if

0:08:36 > 0:08:39you will, but these alleged cases and what else has been alleged in

0:08:39 > 0:08:43the draft report. William Newcomb, a former member of the UN panel of

0:08:43 > 0:08:48experts, has told me that North Korea often uses these complex

0:08:48 > 0:08:52ownership structures as a way to evade sanctions. That means that

0:08:52 > 0:08:56potentially if the contents of this leaked draft report are proven, this

0:08:56 > 0:09:00could be happening all over the world, not just allegedly here in

0:09:00 > 0:09:06Asia, as this draft report suggests. In the leaked draft report, the UN

0:09:06 > 0:09:10points out it is the responsibility of member countries to make sure

0:09:10 > 0:09:15they properly investigate who is opening bank accounts, the monetary

0:09:15 > 0:09:21authority in Singapore has told us that it would take stern action

0:09:21 > 0:09:24against any financial institution in breach of sanctions.OK, thanks very

0:09:24 > 0:09:29much for that.

0:09:29 > 0:09:31Let's take a look at the markets.

0:09:31 > 0:09:33Asian investors moved cautiously Tuesday as the recent

0:09:33 > 0:09:34global rally sputtered, while trade tensions

0:09:34 > 0:09:36returned and markets look ahead to the release

0:09:36 > 0:09:38of crucial US inflation data.

0:09:38 > 0:09:40A strong jobs report on Friday and Donald Trump's

0:09:40 > 0:09:43decision to meet Kim Jong Un helped fuel a surge in global equities

0:09:43 > 0:09:45at the end of last week, overshadowing US tariffs

0:09:45 > 0:09:48and fears of a trade war.

0:09:48 > 0:09:51The Dow and S&P 500 each fell, though the Nasdaq ticked up

0:09:51 > 0:09:55to another record high.

0:09:55 > 0:09:59Europe's main stock markets steadied at the start of trading on Tuesday,

0:09:59 > 0:10:03as investors in London awaited a spring UK budget update

0:10:03 > 0:10:08from the Government.

0:10:08 > 0:10:11And Kim Gittleson has the details about what's ahead

0:10:11 > 0:10:17on Wall Street Today.

0:10:17 > 0:10:20Villa on Tuesday, all eyes will be on the latest -based data from the

0:10:20 > 0:10:27United States.Most analysts expect the overall rise in prices in the UK

0:10:27 > 0:10:30leisure in the US to have muted as increasing by supposing met in

0:10:30 > 0:10:35January. The key reason investors are paying such close attention to

0:10:35 > 0:10:38inflation data is that it offers a crucial insight into what the

0:10:38 > 0:10:42Federal Reserve might do during its next meeting in a week's. The

0:10:42 > 0:10:47consensus is that the US central bank will continue its process of

0:10:47 > 0:10:50slowly raising interest rates. But a surprisingly high inflation figure

0:10:50 > 0:10:54could increase the possibility that these rate rises will happen faster

0:10:54 > 0:10:57than expected. That would put pressure on the profitability of

0:10:57 > 0:11:03some US companies who have got pretty used to be able to be -- to

0:11:03 > 0:11:05borrow cheaply to fund their operations.

0:11:05 > 0:11:10Jeremy Cook is Chief Economist at World First.

0:11:10 > 0:11:15Good morning, lovely to see you. You're also going to watch that very

0:11:15 > 0:11:19closely, I would imagine anyone in financial markets today is watched

0:11:19 > 0:11:25that report.It is properly the most important report we have this week,

0:11:25 > 0:11:32to be honest. A big addition to the jobs market, 313,000 jobs, but which

0:11:32 > 0:11:38is still remaining quite damp.The markets wanted to hear that, didn't

0:11:38 > 0:11:43they, weirdly?We wanted to see a little bit of wage crashes, because

0:11:43 > 0:11:48that continues the narrative we have at the moment, but obviously equity

0:11:48 > 0:11:52markets will run high if they believe the Federal Reserve will not

0:11:52 > 0:11:55be in raising interest rates any time soon. So you have to watch out

0:11:55 > 0:12:02until this afternoon.Jeremy, the Spring Budget update from the UK

0:12:02 > 0:12:05Government, it has become such a small thing, do you think investors

0:12:05 > 0:12:12will pay any attention?A little bit, because we are still doing

0:12:12 > 0:12:16Brexit in the UK, there may be some updates around the deficit and

0:12:16 > 0:12:21growth, but the signals from the Treasury have been no new taxes, no

0:12:21 > 0:12:25new spending, that will come in the Budget. Everything will be coming

0:12:25 > 0:12:34around the edges.And there is a Brexit figure?The office of budget

0:12:34 > 0:12:38responsibility will release later today what they estimate the UK will

0:12:38 > 0:12:45pay as part of its Brexit settlement. It's meant to be around

0:12:45 > 0:12:5435 to 39 billion, but those estimates are from 25 to 37 billion.

0:12:54 > 0:12:57Jeremy will return later. There is a lot to watch out for today.

0:12:58 > 0:12:59Still to come: Farm-to-fork.

0:12:59 > 0:13:01It's the new mantra for improving the nation's diet

0:13:01 > 0:13:03and tackling obesity.

0:13:03 > 0:13:05So can the small and lean independent suppliers beat the big

0:13:05 > 0:13:10bloated supermarkets in the healthy food revolution?

0:13:10 > 0:13:12You're with Business Live from BBC News.

0:13:23 > 0:13:25Chancellor Philip Hammond will be unveiling his

0:13:25 > 0:13:28Spring Statement later today.

0:13:28 > 0:13:31The Government has played down any suggestion this

0:13:31 > 0:13:34will be a mini Budget, but there will be a few

0:13:34 > 0:13:37changes announced.

0:13:37 > 0:13:38Sarah Hewin, Chief Europe Economist at Standard Chartered is here

0:13:39 > 0:13:45to tell us what we can expect.

0:13:45 > 0:13:50What will you be watching out for? Well, three things. We are looking

0:13:50 > 0:13:56out for the Chancellor, what he says about the economy, we are likely to

0:13:56 > 0:14:02see a slightly up for its revision to the economic forecasts for this

0:14:02 > 0:14:06year we will be looking out for what it says about public finances as

0:14:06 > 0:14:10well, revenues have done better than expected, the borrowing requirement

0:14:10 > 0:14:16is likely to come in a bit less than expected, so I'm sure that Philip

0:14:16 > 0:14:23Hammond will be trumpeting that in the Spring Statement. Thirdly, we

0:14:23 > 0:14:30are looking for some comments, some consultations about various tax

0:14:30 > 0:14:36proposals, for example addressing VAT for small businesses,

0:14:36 > 0:14:41potentially a levy on plastics, possibly addressing inheritance

0:14:41 > 0:14:45taxation. But of course, this is going to be a very short statement,

0:14:45 > 0:14:51we will not see any particular details for spending and tax, that

0:14:51 > 0:14:55will be left until the main Budget, which happens in the autumn.Just

0:14:55 > 0:15:03briefly, what do you think about the opposition view, not just from the

0:15:03 > 0:15:04Labour Party but from other quarters, that as things have

0:15:04 > 0:15:09improved, it snowed time to try and spend and help the public sector? He

0:15:09 > 0:15:14will come under pressure to do that?

0:15:14 > 0:15:19It will come under pressure. There has been a squeeze on public pay

0:15:19 > 0:15:22which should be eased slightly but for many people the fact that

0:15:22 > 0:15:24inflation is somewhere above earnings and welfare payments means

0:15:24 > 0:15:30that there is a real squeeze on spending. He is under a lot of

0:15:30 > 0:15:34pressure to boost spending. His argument is that with debt to GDP at

0:15:34 > 0:15:42over 84% then it is now not the time to do that.Thank you very much. We

0:15:42 > 0:15:48will be right across that budget statement, the Spring Statement, it

0:15:48 > 0:15:54is not a budget! It is not a budget! I am sorry. The Spring Statement. It

0:15:54 > 0:16:00will be live here on the BBC News Channel. You can get updates on the

0:16:00 > 0:16:04BBC News live page, BBC business live page, including details on

0:16:04 > 0:16:08crunch time for crisp packets with a possible new litter levy and you can

0:16:08 > 0:16:12read all about that and how it might cost the -- affect the cost of your

0:16:12 > 0:16:14snack.

0:16:14 > 0:16:19You're watching Business Live.

0:16:19 > 0:16:25Our top story: Donald Trump has blocked a huge tech takeover on the

0:16:25 > 0:16:30grounds of national security. The Singapore -based company Broadcom

0:16:30 > 0:16:35had wanted to buy the computer chip maker QUALCOMM for $142 billion and

0:16:35 > 0:16:41it is not just because they have very similar names! There is a lot

0:16:41 > 0:16:46more to it. Yes, they make a lot of chips in smartphones. This is the

0:16:46 > 0:16:52picture of the markets.

0:16:52 > 0:16:56And now let's get the inside track on a trend we all need to take heed

0:16:56 > 0:16:57of, healthy eating.

0:16:57 > 0:17:00Governments around the world are being forced to act on the huge

0:17:00 > 0:17:09problem of obesity and diets loaded with sugar, salt and processed food.

0:17:09 > 0:17:10Supermarkets are gradually taking note,

0:17:10 > 0:17:12but the farm-to-fork movement is being driven

0:17:12 > 0:17:21by small independent names.

0:17:21 > 0:17:24Mindful Chef, set up by three school chums in 2015, is one of those.

0:17:24 > 0:17:27It's shipped over half a million healthy recipe food boxes from small

0:17:27 > 0:17:31farms in Devon and has the England rugby, hockey and rowing

0:17:31 > 0:17:34teams as customers.

0:17:34 > 0:17:41Giles Humphries is the Co-founder.

0:17:41 > 0:17:46Welcome to the programme. Thank you for coming in. We have a sort of an

0:17:46 > 0:17:51example of what might arrive in a food box. There is a recipe card

0:17:51 > 0:17:56which tells you how to cook and everything is measured out, all the

0:17:56 > 0:17:59precise ingredients.Exactly. You get a recipe card, offering

0:17:59 > 0:18:04customers will have two or three in a box, most popular in cities is

0:18:04 > 0:18:08three and then with the recipe cards to match them you have all these

0:18:08 > 0:18:12ingredients.Everything is measured out in all of these bits of

0:18:12 > 0:18:17packaging. Perprecise quantities so it makes cooking at home super

0:18:17 > 0:18:24simple and very easy.But we think this is very expensive to produce

0:18:24 > 0:18:29when we all have a pot of this in our cupboard.It is logistically

0:18:29 > 0:18:32challenging from a business point of view but we have proved in three

0:18:32 > 0:18:37years that we can get up to scale quickly and we are doing 150,000

0:18:37 > 0:18:40ingredients to our warehouse every single week and we only have a team

0:18:40 > 0:18:43of ten but a lot of customers do not have these things at home so while

0:18:43 > 0:18:46some might have the staples a lot of people don't say this is just making

0:18:46 > 0:18:57healthy eating

0:19:04 > 0:19:07easy for people and putting this on the plate. They might be busy at

0:19:07 > 0:19:10work but they come home and it is there and ready to go and super

0:19:10 > 0:19:12simple.It is a very popular idea that caters to the busy lifestyle

0:19:12 > 0:19:14that people have but it is increasingly crowded and lots of

0:19:14 > 0:19:17companies are doing similar things so how does your standout?It is a

0:19:17 > 0:19:20very crowded market. It boomed in the States and the UK followed quite

0:19:20 > 0:19:22quickly. We are the third entrant to the UK market and we basically

0:19:22 > 0:19:25identified that no one was going after the healthy end and to some

0:19:25 > 0:19:27extent the premium end of the market. We looked at what other

0:19:27 > 0:19:30people were doing and decided no one offered something for of refined

0:19:30 > 0:19:34carbs and sugar and we were there to focus about nutritious and the

0:19:34 > 0:19:39delicious meals so in our boxes, we do of Egan range and we do meet and

0:19:39 > 0:19:43fish dishes but we will be focusing on a placing pasta with nutritious

0:19:43 > 0:19:53veg.How much does one of these boxes cost?It starts at £4 50 per

0:19:53 > 0:19:57meal for one person. And it goes up from there.How did you infiltrate

0:19:57 > 0:20:02the British sports scene? You supply the British rugby team, the England

0:20:02 > 0:20:07rugby team, should I say. The hockey team and rowing and you have

0:20:07 > 0:20:11Victoria Pendleton and Andy Murray backing new. How did that happen?

0:20:11 > 0:20:14Came about through our offering because we found out these people

0:20:14 > 0:20:20were customers and it came about because we went on the crowdfunding

0:20:20 > 0:20:25and we wanted to raise £400,000 but we raised £1 million in ten days and

0:20:25 > 0:20:31we were oversubscribed and out of the woodwork came all of these fans

0:20:31 > 0:20:34and customers.How will you manage when this kind of thing really takes

0:20:34 > 0:20:38off? You have been going for three years and you are already seeing a

0:20:38 > 0:20:43lot of food box going all over the country, but assuming and hoping it

0:20:43 > 0:20:48really takes off, there is always an issue with a new company struggling

0:20:48 > 0:20:55when the demand really kicks in.We do 20,000 meals a week at the moment

0:20:55 > 0:20:59and technology drives most of it. A large percentage of the money that

0:20:59 > 0:21:02we raised went into the technology. One platform and a couple of Ops

0:21:02 > 0:21:06guys in the house lights are packing team of about 30 and we are in a

0:21:06 > 0:21:09position to scale very quickly. We have careers who delivered

0:21:09 > 0:21:15nationwide and we are in a position now where it is all about growth. We

0:21:15 > 0:21:18are in the early stages of the markets are customers come to very

0:21:18 > 0:21:23quickly.Are you all big fans of cooking? Do you come up with the

0:21:23 > 0:21:29recipes yourselves?We have a chef now, full-time in-house, who was

0:21:29 > 0:21:34fantastic but Myles, my co-founder, is a nutritionist and we are

0:21:34 > 0:21:37constantly developing. We have a test kitchen and we are constantly

0:21:37 > 0:21:41developing three or four recipes every day and we have a bank of 500

0:21:41 > 0:21:47online.If you ever needed taste tester you know where to find him!

0:21:47 > 0:21:51And is volunteering. 24 coming in, it has been really interesting.

0:21:51 > 0:21:56For many of us the thought of seeing a counsellor or mental health

0:21:56 > 0:21:59professional can feel intimidating but a start-up in India wants to

0:21:59 > 0:22:03change how we deal with these issues.

0:22:03 > 0:22:07We have a report from India. It has been less than a year since

0:22:07 > 0:22:12this man was laid off from his job in the Indian IT sector but the

0:22:12 > 0:22:18experience left him feeling angry and sometimes even depressed. He

0:22:18 > 0:22:26found it difficult to open up to his family. But he did find some comfort

0:22:26 > 0:22:33in a chatting app.The difficult thing was not getting to a state

0:22:33 > 0:22:37where this happened to me so I must be useless and that is why I kept

0:22:37 > 0:22:42asking these kind of questions, why do I feel like this today?The chat

0:22:42 > 0:22:47robot behaves like a counsellor, focusing on what users are feeling

0:22:47 > 0:22:53and how to respond to them. This is what the future of therapy looks

0:22:53 > 0:22:57like, an interface where people get asked questions and this chat bot

0:22:57 > 0:23:03will answer. If I type in a question about losing my job the codes in the

0:23:03 > 0:23:10software process it and give you options. I would like to help at

0:23:10 > 0:23:16first, can I do a quick check about how it is helping you? There are

0:23:16 > 0:23:22options to say yes or maybe later. The founders say that the chat bot

0:23:22 > 0:23:26have 200,000 clients who are using this app for free. The company

0:23:26 > 0:23:30behind it makes money from professional therapists and firms

0:23:30 > 0:23:38that use the app.We have models where psychiatrist or psychologist

0:23:38 > 0:23:45used Wysa in conjunction with their practice and they pay us.AI

0:23:45 > 0:23:48counselling is a new field and it was not a consensus on how effective

0:23:48 > 0:23:53it is.There are many things a real-life therapist can pick up from

0:23:53 > 0:23:58what you are talking which an online therapist will not be able to

0:23:58 > 0:24:03pick-up. Are you venting out or crying all your feelings, are they

0:24:03 > 0:24:09sad in the pitch or the tone? Figures show that nearly 80 million

0:24:09 > 0:24:13Indians suffer from depression or anxiety disorders and with the

0:24:13 > 0:24:17accessibility of mobile phones Wysa is confident about serving the

0:24:17 > 0:24:28market that is very much in need of counselling in the digital age. We

0:24:28 > 0:24:37are talking about some of the stories. Goldman could be a banker

0:24:37 > 0:24:49who moonlights as a DJ, David Solomon. He is a DJ. His name is not

0:24:49 > 0:24:56too original but he would take over but it is not entirely clear when,

0:24:56 > 0:24:59it could be this year or next but in the grand scheme of things he will

0:24:59 > 0:25:03be one of the most important people on Wall Street.

0:25:03 > 0:25:07Setting the tone for the bank, if you like, this DJ!

0:25:07 > 0:25:12We have been asking, what would your job on the side B? Thank you for all

0:25:12 > 0:25:17of your tweets. Andrei says, I would be a private pilot, the thought of

0:25:17 > 0:25:21hopping on a plane and flying myself anywhere. I love the sound of that.

0:25:21 > 0:25:26Luke said he would be a freelance continuity announcer so strictly

0:25:26 > 0:25:30watch out! I will have nothing but Jeremy has an answer.

0:25:30 > 0:25:34I would really like to own a pub. I had a good discussion the friend a

0:25:34 > 0:25:39couple of years ago and we were going to buy a pub and call it the

0:25:39 > 0:25:41better and monkey. What would suit me is to be a

0:25:41 > 0:25:44childminder because I am always looking after mine and MS will make

0:25:44 > 0:25:49some money. I fancy myself as a singer on the

0:25:49 > 0:25:53sound -- side but in a soundproof room.

0:25:53 > 0:25:56I heard him recently and a singing career is not for him.

0:25:56 > 0:26:07Thank you for your time. Goodbye.