Earlier this week, the historic CETA EU-Canada trade deal was being scuppered by the opposition of Belgium, and the objections of one of its provinces, Wallonia. As a result, Thursday's signing ceremony was cancelled. Yet, Belgian political leaders have now reached a consensus in support of CETA. To discuss this, Jeremy Cook, Chief Economist at World First, joined Share Radio.
European trade policy has been thrown into disarray after Belgium’s government said it could not overcome regional objections to an EU-Canada trade deal, despite weeks of talks to rescue the agreement. The so-called CETA pact is on the brink of collapse, and for more Jeremy Cook, Chief Economist at World First, joined Share Radio Morning to explain further.
The London School of Economics is to examine the book "Rich People, Poor Countries: The Rise of Emerging Market Tycoons and Their Mega Firms." It's been written by Caroline Freund, former Chief Economist of the Middle East and North Africa at the World Bank. To find out about the effects of the mega rich living in developing countries, Matt Cox spoke to Professor Erik Berglof, Director of the Institute of Global Affairs at the London School of Economics, and Chairman of the book event.
The joined $100 billion technology investment fund between Saudi Arabia's top sovereign wealth fund and Japan's SoftBank Group has the potential to change the investment landscape. The new London-based fund could at current levels account for roughly a fifth of all such global venture capital investment. Seijiro Takeshita, Professor of Management and Information at University of Shizuoka, Japan, discusses the plan.
A new fund spun out from leading firm Odey Asset Management will not charge investors performance fees. The decision follows the move by renowned fund manager Neil Woodford not to award performance bonuses to staff earlier this year. As sentiment in the industry seems to turn against fees and bonuses, digital technology is enabling investors to demand greater transparency around how the fund is actually performing. Robert Van Egghen reports.
Oil rose to its highest level in a year after Russian president Vladimir Putin said that he backed efforts for a production cap in the clearest sign yet that the country would join any global supply pact. Speaking at an energy conference in Istanbul, Mr Putin said he hoped that the OPEC producers’ group would agree on output curbs for member nations at its next ministerial meeting in November. For more, Kevin Baxter, Global Commodities Spot Editor at the Wall Street Journal, joined Share Radio.
Driverless vehicles, low carbon propulsion and high speed rail are now concrete projects that will become reality in the future. But despite the opportunities, there are potential disruptions arising from these changes. To talk more about this David Bailey, Professor of Industry at Aston Business School, joined Share Radio Morning Money.
The latest US non-farm payroll figures are released later. With a looming presidential election and uncertainty in some global markets, what will the figures reveal, and what impact will it have on the UK and a weak Sterling? Matt Cox spoke to Michael Hewson, Chief Market Analyst at CMC Markets, to find out more.
Telecoms group TalkTalk has been slapped with a record £400,000 fine by the Information Commissioner’s Office because of a cyber attack last year. The ICO found that “security failings” allowed a cyber attacker to access customer data “with ease”. To discuss the implications for TalkTalk, Share Radio was joined by Dave Millett, Founder and Managing Director of telecoms broker Equinox.