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World Business Report

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Business News 39

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

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India Plans to Limit Greenhouse Gas Emissions

October 2nd, 2015

Episode 508 of 901 episodes

India has announced a long term plan to cut carbon pollution by a third within 15 years. Sanjay Vashist, a director of Climate Action Network South Asia, tells us whether the government has made a credible case for a greener future. Many might wonder if there any economic risks in these commitments. We get the view of Kilbinder Dosanjh, from the Eurasia Group. Amazon has decided to stop selling Apple TV or Google Chromecast, rivals to its own streaming service. But is the online retailer going too far, by no longer selling competing products? Carolina Milanesi of Kantar World Panel in Silicon Valley is not impressed. We also hear from Dan Rayburn, principal analyst at Frost and Sullivan in New York. Earlier this year, the New York Times published an investigative article about nail salon workers who were underpaid and exploited by their employers. Many of those salons are Asian, and the newspaper alleged there was even ethnic bias in some places. In New York City, where an $8 manicure is cheaper than lunch, the story touched a nerve. The state governor, Andrew Cuomo, responded by creating a task force to look into the nail salon industry and he proposed new regulations to improve salon workers' rights. The BBC's Golda Arthur reports from New York City. At the end of a busy week for the BBC's Business News Team we review some of the developments that dominated the agenda, such as Royal Dutch Shell giving up drilling for oil in the Arctic, plus Google and Microsoft finally burying the hatchet on their long running series of legal battles over patent rights. We are joined by Cassell Bryan-Low, from the Wall Street Journal in London and Sujeet Indap, a US editor with the Financial Times.

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