23/08/2017 World Business Report


23/08/2017

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Now, it's time for World Business Report.

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The world's biggest advertising agency is about to unveil its latest

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numbers in an industry seen as a bell weather

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Hundreds of flights cancelled and the stock market suspended,

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typhoon Hato causes havoc in Hong Kong.

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Also in the programme, we'll be looking at the gender pay

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WPP, the world's largest advertising group, is due to report its latest

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The advertiser is seen as a bellwether for an industry

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that's changes dramatically in recent years.

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While the total spent by brands globally on advertising in 2016

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where it's being spent is shifting significantly.

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While traditional advertising sales were effectively flat,

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global digital ad sales grew by 17% to 178 billion.

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That number will, of course, keep growing, and by 2021,

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it's estimated it will account for 50% of all adverts.

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With me is Theo Izzard Brown, head of strategy at the advertising

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Let's talk about this digital side of advertising, a growing side. What

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challenges that ring to the industry?

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There is a couple of ways to answer that question. The first one is the

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transparency in question. We are seeing lots of media agencies or

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stop pressure to make sure that the accounting is very clear, so

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businesses know where their money is going and they can see what they are

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spending. That is one aspect. Make creative standpoint, it is

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incredibly exciting because the way we can see film and then gained with

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stories, that is changing. Some of the issues are the invalid

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traffic, about $16 billion a year in when they have viewing ads rather

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than humans. What your clients say about those issues?

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Understandably, they are very concerned. There is a huge amount of

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pressure on Facebook to get on top of it more quickly to address those

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things sooner rather than later. What about issues or content is

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displayed alongside for example extremist context? What do they say

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to you and what you do to prevent that from happening?

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You cannot truly prevent that from happening. Critically on Facebook,

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these things are shared wildly. -- widely. The idea has may well be

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placed next to someone else's story. What you can do is ensure you put

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media responsibly and work with your partners to do so. People have to

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accept there may be a proportion of advertising you pay in which there

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might not be happy. They certainly shouldn't expect that and they

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certainly shouldn't deal with that because that is not their

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responsibility, but yes, where your content appears and how consumers

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respond is increasingly an area focused on. Traditionally, it was

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all about TV ads and that is where the focus was. When a client comes

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to you and says, we have a heritage idea about the advertising, but I

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want to track more people. What focus is best? It is never a one

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size fits all. It is absolutely through the audience the brand is

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not -- after an a combination to create a consistent universe. There

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may be a role for film and TV, but yes, the other channels contribute

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equally. We are seeing more spend in non-traditional areas. It is not

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just digital and TV, it might actually be physical installations,

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some of the most exciting work this year has actually been interrupting

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the physical space, the fearless girl statue in New York which was

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placed opposite the charging bull. That was really in it to have use of

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media. What was it advertising? It was promoting a unique fund which

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invests in companies that are female CEOs on the board. Thank you very

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much for your time. In Hong Kong, the city's stock

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market has been shut down and flights have been

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cancelled by Typhoon Hato, which has been battering

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the financial hub. What impact it is Typhoon having on

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business? Massive. The city is in a

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standstill, it has created havoc on trade and business. The weather

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bureau raised a storm warning to the maximum, Typhoon number ten signal,

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meaning hurricane in force wind is expected. It was the first such

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alert in five years and only the third time the Typhoon number ten

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warning has been issued since 1997 when the former British colony was

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handed over to China. The morning session on the stock exchange has

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been suspended and officials say the stock market will be shut for the

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rest of the day if a typhoon signal eight or higher is still in place by

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the lunchtime break. So we will know in about half an hour of if indeed

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the stock market will resume trading more will be shut for the remainder

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of the day. Hundreds of flights and other transport services are being

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cancelled, schools and most businesses in the financial hub are

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still closed as the city is swept by the Typhoon. I lived in Hong Kong

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many years ago and I have experienced these strong waves

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crashing into the coastline, very -- ferry services suspended and the

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usually crowded streets empty. It is indeed a very quiet day in the

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business and straight front -- and trade front in Hong Kong. Thank you

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for that. This week, we look at the business of death. Euthanasia is

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legal in the Netherlands and Optus for those with terminal illnesses.

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Anyone who's experiencing unbearable suffering with no chance of recovery

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But as Anna Holligan reports, plans to relax the law further

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are attracting opposition and accusations that insurers just

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How all some of you to check out my channel right now. I am a stand-up

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comedian and motivational speaker. She was a performer who adore the

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spotlight, but in 25th team, she decided to end her life with you

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than Asia. -- euthanasia. She was so young, 25. She had a lot of pain in

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her body, physically and mentally, she couldn't deal with it. Her

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doctor granted her request on the fourth time of asking. She said,

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mum, Mum, I got news. I can go. It's my liberation Day. And she was such

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a happy child. 6300 patients were given the night -- life ending

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treatment in 2016, and 500 of them used this independent foundation.

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The end of life clinic is a private company. They employ 55 teams

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consisting of a doctor and nurse who travel to people both at home to

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administer the lethal injection or a handover the lethal cocktail of

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drugs. In a country where medical insurance is mandatory, its

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insurance companies, not individuals that pay the bill. Given easier

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Retix around the world are concerned about insurers focusing on their own

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profits -- euthanasia. It is relatively cheap. As little as $400

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compared to the cost of treating a long-term terminal illness. The

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director at the end of life clinic finds these accusations frustrating.

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It is not about cost. What is driving us is to help these people

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who are in a situation that they say, please help me die and there is

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no other option. That is the reason. We are not cost driven, we are not

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profit organisation. Insurance companies deny these

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claims, saying, we never play a part in decisions made between doctor and

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patient. And that such allegations are ridiculous and ill informed.

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Although 85% of Dutch people broadly support the current law, advocates

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of euthanasia want to relax legislation even further to allow

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anyone over the age of 75 to choose death when they feel they have had

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enough of life. These proposals have horrified the Netherlands's small

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but lyrically powerful Christian lobby will stop debate continues.

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For many thousands of people across the Netherlands, how it ends will

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truly be a matter of life or death. In other news, the size of the

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gender pay gap in the movie industry has been led by Forbes. It estimates

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the top ten actors earn $480 million last year, three times more than

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their female counterparts who took home $172 million. . That is it from

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us. You can get in touch with me on Twitter.

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The number of complaints about bin collections which were upheld

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