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World Business Report

BBC World Service

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Business News 47

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

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WBR Terrorist ransom ban for insurers 24 Nov 14

November 24th, 2014

Episode 97 of 899 episodes

Britain plans to ban insurance firms from covering ransoms paid to terrorist organisations in a bid to cut the amount of money Islamic State raises from kidnaps. Talks over Iran's nuclear programme fail to reach an agreement, which means sanctions are still in place, but we'll here how companies are lining up to invest in the country. Are there too many smartphone apps on the market? The BBC's Robert Champion went to the Apps World conference in London to find out if we have reached 'peak app'. Plus, as banks involved in the rigging or fixing of the foreign exchange market are forced to pay hefty fines, what is it actually like to work as a foreign exchange trader? Our regular commentator Lucy Kellaway reflects on her time in the profession and what she thinks has, and has not, changed.

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