Global business news, with live guests and contributions from Asia and the USA.
Rank #1: VW chiefs 'hushed up emission cheating'.
The ongoing fall-out from the Volkswagen emissions scandal took another twist in the US today as court papers revealed VW executives knew about emissions cheating two months before the scandal broke. It follows the arrest at the weekend of Oliver Schmidt, who was in charge of VW's US environmental regulatory compliance office from 2012 until March 2015.He was arrested on Saturday on charges that he took part in a conspiracy to defraud the US and VW customers. The company has said it can't comment on an ongoing legal matter, but what might the latest details mean for VW in the United States? Professor John Coffee of Columbia Law School joins us. It's been divided for more than 40 years, but could the European island of Cyprus soon become a reunified, single state once again? We'll hear views from both the north and the south, and assess the chances of success with Christiana Erotokritou, parliamentary spokeswoman for the Democratic Party in the Republic of Cyprus. How far is too far when it comes to compromising corporate principles for hard-nosed business realism? When Apple removed the New York Times app from its store in China, there was a lot of angry commentary on social media. But are such compromises simply pragmatism - or are they self-censorship? Reporter Melissa Chan, familiar with both China and the US, gives us her view. And, come on, be honest, you're amongst friends here at Business Matters. Have you ever not been... strictly upfront with someone in work? Perhaps professed something they'd done was just fine at the exact moment you began hastily redoing that piece of work from scratch, all the while sobbing silently inside for the bus you are set to inevitably now miss? Well former Apple and Google employee Kim Scott reckons she has the answer, it's called Radical Candor, and it sounds... candid. Buzfeed's Jonny Ensall assesses its brilliance, brutality or perhaps both. The BBC's bastion of honesty, Fergus Nicoll is joined throughout the programme by the equally honourable Diana Furchgott Roth,the Washington-based former chief economist of the U.S. Department of Labor, and from Hong Kong by independent economist, and former Morgan Stanley & World Bank employee Andy Xie. Picture:Getty Images.
Rank #2: Uber loses London licence.
Uber initially lost its licence in 2017 but was granted two extensions, the most recent of which expires on Monday. The firm will appeal and can continue to operate during that process. We talk to Shona Ghosh, UK technology editor for Business Insider, about what this means for the company. Meanwhile, the chief executive of Australia's third-largest bank, Westpac, has resigned following investor pressure. The bank was last week accused of 23 million counts of breaching anti-money laundering rules. We talk to the BBC's Phil Mercer in Sydney about the reaction. (Image: The Uber App - Picture credit: Getty Images)
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