World Business Report

BBC World Service

Business, Business News, News & Politics

Chart Positions

Business News 17
Business 119

The latest business and finance news from around the world from the BBC


China Defiant at South China Sea Ruling

July 12th, 2016

Episode 772 of 862 episodes

An international tribunal has dismissed China's claim to much of the South China Sea. Anton Alifandi is an analyst from IHS Maritime and tells us more about why China thinks the tribunal has got it wrong. Also in the programme, the European Union says a new 'privacy shield' will help protect citizens' data when it is transferred to the US. But Max Schrems, who led a fight against the predecessor to the new legislation tells us he thinks the new agreement falls way short of protecting privacy. Paul Meller of Digital Europe, which represents tech firms across the EU, says there is relief that an agreement has been reached. Plus the BBC's Theo Leggett is at the Farnborough International Air Show, where the world's most expensive fighter jet, the F-35, has been taking to the skies. And we hear from the chief executive of Lockheed Martin, Marillyn Hewson. (Picture: China is building on reefs in the South China Sea. Picture credit: AP.)

Featured Podcast