August 5th, 2016
Episode 794 of 957 episodes
Brazil's Olympics party is overshadowed by Rio's de Janeiro's failure to clean up polluted rivers. We hear why the city has not met its sustainability targets. The chief executive of Nissan, Carlos Ghosn, explains why the car maker is still confident its sponsorship of the Olympic Games will pay off, despite Brazil's economic problems. The video streaming service Netflix is determined to spend more money on producing original content. The founder of Netflix and chief executive, Reed Hastings, tells us how the company wants to build on the success of producing its own dramas, like House Of Cards, to increase its global customer base of 83 million. The end of another busy week for the BBC's Business News Team gives us a chance to reflect on events of recent days. From the Bank of England cutting UK interest rates to a record low, to the executive chairman of Saatchi and Saatchi resigning after insulting women's ambition, or internet overload apparently leading many to turn to digital detox. We discuss the week's developments with Tim O'Brien, from Bloomberg in New York and Elaine Moore, from the Financial Times in London.