02/12/2015 World Business Report

Now for the latest business news in World Business Report.

Choking off the biggest source of money.

An estimated $40 million a month for the militant group IS.

The question is, can you increase strikes like these here on oil the

fields without doing permanent long lasting damage to those fields?

And talk about being generous, Facebook founder

and his wife pledge to their new baby daughter to give away 99%

We have lots going on. Give me eight minutes and I will give you

fascinating stuff. Pressure is mounting to choke

off the biggest source of revenue for the militant IS group

- that is of course oil. The US says it's the best

funded terrorist organisation Today, the British Parliament

is due to vote on whether it too The US estimates oil revenue

generates about $40 million Jihadists control swaths

of territory in Syria and Iraq It is estimated one third of ISIS'

oil revenue comes from fields But so far security forces have

taken care not to do irreversible damage to the oil sites so that they

can be used again in the future. So, now, the new goal

of the coalition forces is to knock out specific installations

for six months to a year. Neil Atkinson, head of analysis

at Lloyd's List Intelligence. Great to have you. Thank you for

coming in. Let's start with that - can you knock out part of an oil

field for six months to a year? It is difficult to do it from the air.

In your headlines, you are referring to special forces of some kind. They

may achieve it. By doing it by bombing it is hard to see how to be

so specific and targeted. Talking about keeping the facilities

available and ready for some time when IS forces have been removed

from those areas, and what normality can be returned is important,

because without those facilities providing fuel, normal life cannot

function. It is a difficult dilemma. They can do it if they use special

forces as opposed to bombing. Boots on the ground kind of situation. Can

I ask you, we are looking at bombing pictures, I am just a layman, but we

have seen images of miles of trucks carrying oil. Would you not target

distribution or even those who are buying stuff? One of the mysteries,

it is no secret that hundreds of trucks literally sit in a line

waiting to be loaded with fuel, moving off to around the Middle

East, not just Syria and Iraq. It does seem strange that even more

action has not been taken against those convoys because ultimately the

refineries, the oil producing fields, where crude oil is turned

into products, into something usable, that is OK. The fuel is no

use if it is sitting in a refinery. It has to move around. If you can

see it being moved around in trucks, because there are no pipelines, they

not near the coast, so it is not moving on ships, if you can see the

trucks from the air, sometimes they are almost literally miles long,

waiting to be loaded, and once loaded they move along, then they

are sitting ducks. Unfortunately, time is short, but we appreciate

your time and we will keep across it, as I know you will.

Facebook founder Mark Zuckerberg and his wife Priscilla Chan have

pledged to give away the vast majority of their shares

They made the announcement in a letter to their new daughter

Max - posted on Facebook - saying they wanted to make the world a

The couple say they will give away 99% of their shares to causes

which advance human potential and promote equality.

At the moment that share value equates to about $45 billion.

The couple say they'll give more details on the donation when they

The BBC's Dave Lee is in San Francisco.

Our very own. Good to see you. We are waiting for more information.

What do we know so far in terms of how they plan to give it away. It is

under some trust, I think. And what sort of period are we talking about?

While, they say they're going to put money into this initiative, the

initiative for the rest of their lifetime -- well. They will get

around $1 billion a year. What they plan to do is put money into

education, into human advancement - like you have mentioned - and

crucially in the press release they want to invest in taking part in

policy debate. That sounds like lobbying. A close I will be on what

this charitable organisation - it is not a charity but a company - what

they're supposed organisation will do in the real world -- eye.

Everyone can agree that $45 billion as it stands right now is surely an

extremely big gesture. So, the ambition from them to give this

money is admirable, at least. You mentioned, it is a big number. How

does it stack up against others, what comes to mind is of course Bill

Gates of Microsoft. I wonder if it pressures others to do something

similar? I think that is not bad if it is the case. We are seeing an

interesting trend of tech millionaires and billionaires not

waiting until they are retired. Warren buffet, when congratulating

Mark Zuckerberg on his daughter's birth and this initiative, he said

he thinks 30 is the new 70 when it comes to giving away money. Don't

wait until you are dead and retired but donate your money when you are

young enough to see it put to good use. Indeed. I have two things to

state - I wonder if they have heard of my foundation, we could always

use a little bit. And if I was the kid, Max, when I was older, I would

be a little bit angry at them. Great stuff, speak to you soon. Nice palm

tree! In other news: New data

from Australia shows the economy grew 0.9%

in the three months to September. That's more than expected and

it's all down to rising exports. Despite a slowdown in its biggest

trading partner, China, and falling commodity prices, exports rose

by 4.6% in the quarter. A US court has ordered that the Bank

of China pay a fine $50,000 each day for refusing

to turn over information on Chinese customers accused

of selling fake luxury goods. Five corporate sponsors of Fifa have

called for oversight. They have been involved in allegations of

corruption since authorities indicted officials over summer. The

letter was sent from Adidas, McDonald's, Coca-Cola and

Budweiser. A US court has ordered that the Bank

of China pay a fine $50,000 each day for refusing

to turn over information on Chinese customers accused

of selling fake luxury goods. The bank has been held

in contempt of court and will have to start paying

the daily penalty from next week. The Bank of China is planning to

appeal the order and the fine. As part of the BBC's 100 Women

series, we've been meeting young businesswomen, profiling 30

women from around the world. Melanie Goldsmith's alcoholic sweets

are now sold in high end London stores after she made them

for a dating event. Her advice for would-be

entrepreneurs is to make sure people are willing to buy into your idea

and that consumers are willing to My biggest moment of joy was higher

in our first full-time employee. When someone gets it, and they've

come out of nowhere, you know, they're not a family member of

anything, it is a really, really NICE. We make deconstructed edible

cocktails, which we call cocktail pastilles. There is no success is so

encompassing on who's behind it. My name's Melanie Goldsmith, I'm 26

years old and I'm at the director of Smith and Sinclair. -- and I'm the

direct. I will be back to look at some of

the papers from around the world -- director. Ta