28/05/2014

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:00:00. > :00:00.Korean city of Janseong has killed at least twenty elderly patients and

:00:00. > :00:00.a nurse. Many others are injured with some said to be in a critical

:00:00. > :00:00.condition. Those are the latest headlines from BBC News.

:00:07. > :00:07.Now for the latest financial news with Maryam Moshiri and World

:00:08. > :00:23.Business Report. Google is to start building its own

:00:24. > :00:29.self driving cars with buttons but no controls on the steering wheels

:00:30. > :00:32.or petals. We take a closer look. GlaxoSmithKline reveals that the

:00:33. > :00:33.Serious Fraud Office in London has started a kernel investigation into

:00:34. > :00:43.its commercial practices. Welcome to World Business Report.

:00:44. > :00:47.In a minute how the world's biggest coffee producing country has been

:00:48. > :00:51.hit by a drought and how it might impact your morning cuppa.

:00:52. > :00:53.Britain's Serious Fraud Office has launched a formal criminal

:00:54. > :01:04.investigation into one it is something Google wants to turn

:01:05. > :01:13.into reality. The search engine plans to build its own self driving

:01:14. > :01:16.cars. Google 's car is small, it is a two

:01:17. > :01:22.seater and it is deliberately what the company calls cute looking. That

:01:23. > :01:25.is to make it acceptable in urban environments. Perhaps even

:01:26. > :01:28.approachable, definitely not threatening. The company will build

:01:29. > :01:33.a hundred of them and test them in the town around it Silicon Valley

:01:34. > :01:37.headquarters. They say the idea is to use this as a test for autonomous

:01:38. > :01:42.technology, to help development in the adoption of that technology. In

:01:43. > :01:46.the hope that drivers can one day make the road safer by eliminating

:01:47. > :01:52.the crash is that are caused by human error. And hoping that people

:01:53. > :01:57.`` helping people with limited mobility. Let's move on because here

:01:58. > :02:07.in London, the Serious Fraud Office has launched an investigation into

:02:08. > :02:10.one of the UK's largest companies. GlaxoSmithKline. The company is

:02:11. > :02:15.already facing allegations of library in several companies,

:02:16. > :02:18.including China. The investigator largest and most

:02:19. > :02:22.complicated allegations of fraud and corruption. Lacks a SmithKline said

:02:23. > :02:27.it would cooperate fully with investigations and that it is

:02:28. > :02:32.committed to operating is business to the high standards. It is thought

:02:33. > :02:40.that the SFO is investigating where GlaxoSmithKline failed to

:02:41. > :02:42.investigate bribery. The Serious Fraud Office has released no further

:02:43. > :02:46.details about the investigation except to say that it welcomes

:02:47. > :02:50.approaches from whistleblowers on all its cases, including this one.

:02:51. > :02:55.Earlier this month, the police in China formed a former boss of Glaxo

:02:56. > :02:59.'s decline and other colleagues of corruption. Since then, allegations

:03:00. > :03:02.have surfaced in other countries. The company has said they are

:03:03. > :03:08.investigating claims that bribes were paid to doctors in Poland,

:03:09. > :03:11.Iraq, Jordan and Lebanon. Thailands factory output dropped for

:03:12. > :03:14.a 13th straight month in April.This appears to underscoring the damage

:03:15. > :03:16.political unrest has caused and the tough job the new military

:03:17. > :03:24.government faces reviving an economy that shrank in the first quarter.

:03:25. > :03:29.Sharanjit Leyl is in Singapore. Factory output is down again? Are no

:03:30. > :03:32.figures have come out. That is right. Factory output came out

:03:33. > :03:36.earlier but will be just what were those trade numbers. They came out

:03:37. > :03:43.minutes ago and according to Reuters, exports fell .9% from last

:03:44. > :03:47.year and it is against expectations they would rise about a percent.

:03:48. > :03:51.Import humbling as well. They were down early 15% from last year in the

:03:52. > :03:57.April trade as it has come in one half billion dollars. We also saw

:03:58. > :04:01.that fall in factory output. All of this is showing the extent of damage

:04:02. > :04:07.or the political unrest in Thailand has caused the economy. Leaving the

:04:08. > :04:10.new government with this terrible task, trying to revive the economy,

:04:11. > :04:17.we already saw each week in the first half. We thought industrial

:04:18. > :04:20.output coming in at about 3.9% lower than one year earlier. That is

:04:21. > :04:26.according to those numbers put out by the industry Ministry earlier. We

:04:27. > :04:33.know all about the headlines, the army seething control of the country

:04:34. > :04:35.on May 22. They say they aim to restore order after nearly seven

:04:36. > :04:41.months of anti`government protest. Those ongoing protest have hurt

:04:42. > :04:46.confidence, domestic demand, tourism, which is a key factor for

:04:47. > :04:53.Thailand. It has a 10% of GDP. It has also delayed public works. All

:04:54. > :04:56.about as the economy to contract over 2% in the first quarter. The

:04:57. > :05:02.huge amount of worried there about how the country will get back on

:05:03. > :05:05.track. Thank you. Well a night time curfew imposed by the military in

:05:06. > :05:09.Thailand following last weeks coup has now been relaxed. It was one of

:05:10. > :05:12.the key measures keeping people off the streets of Bangkok from 10pm to

:05:13. > :05:16.five in the morning. Now it will run for just four hours starting at

:05:17. > :05:19.midnight. Jonah Fisher has been on the streets finding out how it?s

:05:20. > :05:26.been affecting trade and tourism in the city.

:05:27. > :05:36.Here to Thailand every year and many of them are attracted by tonight

:05:37. > :05:39.live, particularly in Bangkok. With the coup taking place here last

:05:40. > :05:43.week, I have come to one of the busiest area to see it is pot of

:05:44. > :05:48.people from coming here and also to find out how it has affected local

:05:49. > :05:57.people whose livelihood depends on tourist. TRANSLATION: Usually I sell

:05:58. > :06:01.a lot that at the moment, I hardly sell anything. There are much fewer

:06:02. > :06:05.customers. You can see there are still some people walking past year

:06:06. > :06:10.but they do not buy. Who do you blame, the army or the predators?

:06:11. > :06:14.TRANSLATION: I do not think it is the army 's fault. It started before

:06:15. > :06:19.the coup. I think the military had to do this because otherwise, there

:06:20. > :06:27.would be more violence. As the coup made you rethink your holiday? Not

:06:28. > :06:34.at all. The only difference I have seen is the flow of people, less

:06:35. > :06:43.people. I do not see any activity of anything else. Is ten o'clock and

:06:44. > :06:48.the police have shown up because that is still the curfew time here

:06:49. > :06:56.and he is telling them all to go home. The curfew has been enforced

:06:57. > :06:58.quite flexibly shall we say. Take this bar for example. It is passed

:06:59. > :07:03.in o'clock if you have a look through here, they don't want us to

:07:04. > :07:07.look through here. There are people in their drinking still. Your

:07:08. > :07:16.families back home panicking as yellow no. No! Are you having a good

:07:17. > :07:25.time? Americans, in which not so much. The you should be that much of

:07:26. > :07:30.a problem in future, they have just produced it to four hours from

:07:31. > :07:35.midnight to 4am. The tourist in Thailand have always proved

:07:36. > :07:43.remarkably resilient in the past. In this period of army rule, bring

:07:44. > :07:46.stability and not violence. It is likely the number of people coming

:07:47. > :07:49.here will remain high. A drought in Brazil has hit its

:07:50. > :07:52.coffee`growing region hard in recent months, pushing prices up and

:07:53. > :07:55.ruining crops in the world's biggest coffee producing country ` so what

:07:56. > :08:04.does it mean for farmers there ` and for the price of your cappuccino?

:08:05. > :08:09.Katy Watson now reports from Brazil. It is harvest time in Brazil from

:08:10. > :08:14.now until September these copy piggies will spend their days in the

:08:15. > :08:17.field, adding up their bounty. The bounty is not as fruitful as recent

:08:18. > :08:23.years, a drought during the rainy season has had an effect on the

:08:24. > :08:27.crops. TRANSLATION: There wasn't enough water to keep the plant

:08:28. > :08:31.healthy that is this farmer. It has led to the loss of fruit and there

:08:32. > :08:37.is no way back. It is all shrivelled and dry. It's not just a problem of

:08:38. > :08:44.damage beans, this year 's drought has had a financial impact as well.

:08:45. > :08:49.Brazil account for a third of the world copy production and these

:08:50. > :08:54.fields are full of copy beans. The price of which has doubled since

:08:55. > :08:58.late last year. While the focus is on this year 's harvest, there are

:08:59. > :09:03.concerns about next year 's as well. Lack of water has stunted the growth

:09:04. > :09:06.of younger bushes. Farmers are worried that could mean smaller and

:09:07. > :09:11.fewer beans when it comes to harvesting of next year. Despite

:09:12. > :09:15.higher prices, there is still a supply problem. Producers have been

:09:16. > :09:21.selling their stocks from previous years to keep prices stable. Many

:09:22. > :09:28.big copy buys have locked in lower prices. This exporter said it would

:09:29. > :09:39.last. You protect yourself for a few months. Several roasters bought

:09:40. > :09:45.their needs back sometime ago. But now the future is not the same. It's

:09:46. > :09:52.unavoidable that you are going to pay more for your coffee in the few

:09:53. > :09:56.coming months. That is unavoidable. For now, the parity is to get the

:09:57. > :09:59.beams that have survived the drought to market. The price of a cappuccino

:10:00. > :10:08.is not on producers minds. That is the latest from World

:10:09. > :10:12.Business Report. Thanks for watching. Do stay with us on BBC

:10:13. > :10:26.News. We will take a look at the papers in

:10:27. > :10:29.a moment. Obese or overweight people are being

:10:30. > :10:33.told that losing as little as three % of their weight ` and then keeping

:10:34. > :10:35.it off for life ` can have significant beneficial effects. With

:10:36. > :10:38.more here's our health correspondent Dominic Hughes.

:10:39. > :10:39.Losing