:00:00. > :00:15.Now for the latest business news in World Business Report.
:00:16. > :00:17.Choking off the biggest source of money.
:00:18. > :00:25.An estimated $40 million a month for the militant group IS.
:00:26. > :00:28.The question is, can you increase strikes like these here on oil the
:00:29. > :00:32.fields without doing permanent long lasting damage to those fields?
:00:33. > :00:34.And talk about being generous, Facebook founder
:00:35. > :00:37.and his wife pledge to their new baby daughter to give away 99%
:00:38. > :00:59.We have lots going on. Give me eight minutes and I will give you
:01:00. > :01:03.fascinating stuff. Pressure is mounting to choke
:01:04. > :01:05.off the biggest source of revenue for the militant IS group
:01:06. > :01:09.- that is of course oil. The US says it's the best
:01:10. > :01:12.funded terrorist organisation Today, the British Parliament
:01:13. > :01:20.is due to vote on whether it too The US estimates oil revenue
:01:21. > :01:24.generates about $40 million Jihadists control swaths
:01:25. > :01:34.of territory in Syria and Iraq It is estimated one third of ISIS'
:01:35. > :01:42.oil revenue comes from fields But so far security forces have
:01:43. > :01:55.taken care not to do irreversible damage to the oil sites so that they
:01:56. > :01:59.can be used again in the future. So, now, the new goal
:02:00. > :02:02.of the coalition forces is to knock out specific installations
:02:03. > :02:04.for six months to a year. Neil Atkinson, head of analysis
:02:05. > :02:21.at Lloyd's List Intelligence. Great to have you. Thank you for
:02:22. > :02:26.coming in. Let's start with that - can you knock out part of an oil
:02:27. > :02:31.field for six months to a year? It is difficult to do it from the air.
:02:32. > :02:37.In your headlines, you are referring to special forces of some kind. They
:02:38. > :02:43.may achieve it. By doing it by bombing it is hard to see how to be
:02:44. > :02:48.so specific and targeted. Talking about keeping the facilities
:02:49. > :02:55.available and ready for some time when IS forces have been removed
:02:56. > :02:59.from those areas, and what normality can be returned is important,
:03:00. > :03:03.because without those facilities providing fuel, normal life cannot
:03:04. > :03:08.function. It is a difficult dilemma. They can do it if they use special
:03:09. > :03:14.forces as opposed to bombing. Boots on the ground kind of situation. Can
:03:15. > :03:20.I ask you, we are looking at bombing pictures, I am just a layman, but we
:03:21. > :03:26.have seen images of miles of trucks carrying oil. Would you not target
:03:27. > :03:32.distribution or even those who are buying stuff? One of the mysteries,
:03:33. > :03:38.it is no secret that hundreds of trucks literally sit in a line
:03:39. > :03:42.waiting to be loaded with fuel, moving off to around the Middle
:03:43. > :03:47.East, not just Syria and Iraq. It does seem strange that even more
:03:48. > :03:55.action has not been taken against those convoys because ultimately the
:03:56. > :03:59.refineries, the oil producing fields, where crude oil is turned
:04:00. > :04:06.into products, into something usable, that is OK. The fuel is no
:04:07. > :04:11.use if it is sitting in a refinery. It has to move around. If you can
:04:12. > :04:15.see it being moved around in trucks, because there are no pipelines, they
:04:16. > :04:21.not near the coast, so it is not moving on ships, if you can see the
:04:22. > :04:25.trucks from the air, sometimes they are almost literally miles long,
:04:26. > :04:30.waiting to be loaded, and once loaded they move along, then they
:04:31. > :04:34.are sitting ducks. Unfortunately, time is short, but we appreciate
:04:35. > :04:38.your time and we will keep across it, as I know you will.
:04:39. > :04:41.Facebook founder Mark Zuckerberg and his wife Priscilla Chan have
:04:42. > :04:44.pledged to give away the vast majority of their shares
:04:45. > :04:52.They made the announcement in a letter to their new daughter
:04:53. > :04:55.Max - posted on Facebook - saying they wanted to make the world a
:04:56. > :05:00.The couple say they will give away 99% of their shares to causes
:05:01. > :05:04.which advance human potential and promote equality.
:05:05. > :05:06.At the moment that share value equates to about $45 billion.
:05:07. > :05:09.The couple say they'll give more details on the donation when they
:05:10. > :05:25.The BBC's Dave Lee is in San Francisco.
:05:26. > :05:33.Our very own. Good to see you. We are waiting for more information.
:05:34. > :05:38.What do we know so far in terms of how they plan to give it away. It is
:05:39. > :05:44.under some trust, I think. And what sort of period are we talking about?
:05:45. > :05:52.While, they say they're going to put money into this initiative, the
:05:53. > :05:57.initiative for the rest of their lifetime -- well. They will get
:05:58. > :06:03.around $1 billion a year. What they plan to do is put money into
:06:04. > :06:08.education, into human advancement - like you have mentioned - and
:06:09. > :06:12.crucially in the press release they want to invest in taking part in
:06:13. > :06:18.policy debate. That sounds like lobbying. A close I will be on what
:06:19. > :06:21.this charitable organisation - it is not a charity but a company - what
:06:22. > :06:27.they're supposed organisation will do in the real world -- eye.
:06:28. > :06:31.Everyone can agree that $45 billion as it stands right now is surely an
:06:32. > :06:39.extremely big gesture. So, the ambition from them to give this
:06:40. > :06:43.money is admirable, at least. You mentioned, it is a big number. How
:06:44. > :06:47.does it stack up against others, what comes to mind is of course Bill
:06:48. > :06:53.Gates of Microsoft. I wonder if it pressures others to do something
:06:54. > :07:00.similar? I think that is not bad if it is the case. We are seeing an
:07:01. > :07:05.interesting trend of tech millionaires and billionaires not
:07:06. > :07:11.waiting until they are retired. Warren buffet, when congratulating
:07:12. > :07:16.Mark Zuckerberg on his daughter's birth and this initiative, he said
:07:17. > :07:19.he thinks 30 is the new 70 when it comes to giving away money. Don't
:07:20. > :07:22.wait until you are dead and retired but donate your money when you are
:07:23. > :07:28.young enough to see it put to good use. Indeed. I have two things to
:07:29. > :07:33.state - I wonder if they have heard of my foundation, we could always
:07:34. > :07:37.use a little bit. And if I was the kid, Max, when I was older, I would
:07:38. > :07:39.be a little bit angry at them. Great stuff, speak to you soon. Nice palm
:07:40. > :07:40.tree! In other news: New data
:07:41. > :07:42.from Australia shows the economy grew 0.9%
:07:43. > :07:47.in the three months to September. That's more than expected and
:07:48. > :07:49.it's all down to rising exports. Despite a slowdown in its biggest
:07:50. > :07:52.trading partner, China, and falling commodity prices, exports rose
:07:53. > :07:54.by 4.6% in the quarter. A US court has ordered that the Bank
:07:55. > :08:02.of China pay a fine $50,000 each day for refusing
:08:03. > :08:05.to turn over information on Chinese customers accused
:08:06. > :08:19.of selling fake luxury goods. Five corporate sponsors of Fifa have
:08:20. > :08:22.called for oversight. They have been involved in allegations of
:08:23. > :08:27.corruption since authorities indicted officials over summer. The
:08:28. > :08:28.letter was sent from Adidas, McDonald's, Coca-Cola and
:08:29. > :08:33.Budweiser. A US court has ordered that the Bank
:08:34. > :08:35.of China pay a fine $50,000 each day for refusing
:08:36. > :08:39.to turn over information on Chinese customers accused
:08:40. > :08:42.of selling fake luxury goods. The bank has been held
:08:43. > :08:44.in contempt of court and will have to start paying
:08:45. > :08:47.the daily penalty from next week. The Bank of China is planning to
:08:48. > :08:58.appeal the order and the fine. As part of the BBC's 100 Women
:08:59. > :09:01.series, we've been meeting young businesswomen, profiling 30
:09:02. > :09:03.women from around the world. Melanie Goldsmith's alcoholic sweets
:09:04. > :09:05.are now sold in high end London stores after she made them
:09:06. > :09:08.for a dating event. Her advice for would-be
:09:09. > :09:10.entrepreneurs is to make sure people are willing to buy into your idea
:09:11. > :09:29.and that consumers are willing to My biggest moment of joy was higher
:09:30. > :09:35.in our first full-time employee. When someone gets it, and they've
:09:36. > :09:39.come out of nowhere, you know, they're not a family member of
:09:40. > :09:43.anything, it is a really, really NICE. We make deconstructed edible
:09:44. > :09:50.cocktails, which we call cocktail pastilles. There is no success is so
:09:51. > :09:53.encompassing on who's behind it. My name's Melanie Goldsmith, I'm 26
:09:54. > :09:56.years old and I'm at the director of Smith and Sinclair. -- and I'm the
:09:57. > :10:06.direct. I will be back to look at some of
:10:07. > :10:07.the papers from around the world -- director. Ta