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World Business Report

BBC World Service

Business, Business News, News & Politics

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Business News 39

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

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EU-Canada Trade Deal Stalls

October 18th, 2016

Episode 856 of 901 episodes

Approval of the CETA EU-Canada trade deal has been postponed amid Belgian concerns. Nick Deardon is director of the campaign group Global Justice and explains why his organisation is opposed to the deal, plus we hear why companies in Europe are in favour of the deal, from Markus Beyrer, director general of Business Europe. Also in the programme, our economic commentator Roger Bootle of Capital Economics considers why the British pound has fallen almost 20% in value against the dollar since before Britain's EU referendum. Japan has said that the costs of holding the Olympic Games in Tokyo have spiralled out of control. We have analysis from Michael Payne, who was the International Olympic Committee's first ever marketing director, from 1983 to 2004. Plus the British astronaut Tim Peake has given a boost to the UK space industry, by opening a rocket propulsion factory in Belfast, Northern Ireland. The French company Thales is behind the project, and we find out more from its chief executive, Victor Chavez.

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