tv Business Briefing BBC News September 11, 2018 5:30am-5:46am BST
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this is the business briefing. i'm sally bundock. should the right to be forgotten extend outside of europe? google doesn't thinks so, and appeals a decision by the european union. a big takeover in the semiconductor industry, and it's all about self driving cars, as renesas buys idt for $6.7 billion. and on the markets... again, a mixed picture. japan bucking the trend, up by over 1%. we will talk to you later about what is going on. google is appealing against whether the european union's "right to be forgotten" should be extended beyond eu's borders, arguing that the order encourages countries to assert sovereignty beyond their own territory.
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the case has big implications not just for tech companies, but could also be a landmark to decide who has the legal right to regulate the internet — from free speech and privacy to cybercrime and taxes. the right to be forgotten has been defined as: "the right to silence on past events in life that are no longer occurring." it allows european citizens to request the removal of out—of—date online content that includes personal information from searches for their own names. in 2015, france's privacy regulator, cnil, ordered google to apply this right to all of its websites across the globe. france says that the right to be forgotten becomes meaningless if it is not applied universally. if google complies with the french ruling, the firm risks confronting us free—speech protections, which could include us court injunctions to stop the removal of content.
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but should google fail to remove the content then it would also face eu privacy fines which might be as much as 4% of a company's annual world—wide revenue. suzanne rab, a barrister at searle court chambers joins me now. it is extremely complicated but for google, it is very important. it could cost them a lot if they could not get this right? the penalty for infringement could be up to 4% of the worldwide turnover so potentially penalties in the eu could be quite significant. just explain where we are with these and google's opinion, whether it is likely to get any headway or whether the lawyers in europe will get their
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way and say google you have to be aware of this around the world this "right to be forgotten". "right to be forgotten" was first established in european law and 1914. it is the request of an individual the right to re m ove request of an individual the right to remove on line information and search results that mention if they are up—to—date or excessive and this has been interpreted to require the request for removalfrom has been interpreted to require the request for removal from national domain names are away the request is being made but the real question here is how far should that extend to give effect to protection the rights of individuals. should it just be just the national domain names, the different dots in different countries in europe or
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should it extend globally, even if it is ona should it extend globally, even if it is on a site located outside of the eu and that is the question at issue here. where do you think this will end up? the new gdp are rules from 2015 at another layout of regulation? they raise the game in terms of penalty in terms of structure but reflect what has been the trend of case law development. there is a tension here. they would wa nt to there is a tension here. they would want to give effect of detection to the rights of individuals but their rears real tension were imposing those requirements could result in conflict to other laws internationally, for example in the us, where the trend is more to give
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greater protection to freedom of expression over privacy rights so there is that tension. will google win in this situation? i suspect that a lot of real detail will be fleshed out in actual cases which will be case specific cause the right is not absolute to have information removed. so a very well be, let's say, elements of wind and elements going the other way. —— there will be. so sharp, so early in there will be. so sharp, so early in the morning which is very helpful. we will keep an eye on how that is progressing. japanese semiconductor firm renesas has announced a deal to buy california—based idt in a cash deal valued at $6.7 billion. let's go to our asia business hub where shara njit leyl is following the story. one is this california —based
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company so attractive? of course, they are attractive and the japanese is spending big bucks, splashing out on that counterpart in california, really all in an effort to boost expertise in self driving car technology. it is one of the top chip makers that are used in those cars. so it is about data storage which are crucialfor cars. so it is about data storage which are crucial for self driving cars. renesas was created in the thousand ten in a merger of different japanese companies. the year later, the devastating tsunami hit and they have struggled to recover from damage suffered at key plans. —— plants. in the thousand 13 it had to be bailed out by the government backed fund and after a
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series of sweeping job cuts, more than a thousand in europe, it is now embarking on an acquisition drive stop it also bought another american chip makerfor over $3 stop it also bought another american chip maker for over $3 billion just last year. in bosnia, opposition to the use of hydropower is growing. if all the plans come to fruition, hundreds of dams will be constructed on the country's rivers. but opponents insist the dams are damaging the environment and the chance of attracting tourists to bosnia's stunning scenery. our balkans correspondent, guy de launey, went to bosnia's rivers to find out more. it isa it is a powerful showcase for the natural beauty of bosnia. a haven for wildlife and a magnet for
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tourists in search of the spectacular. this man has lived here all his life. he is a river guide taking visitors fishing and on river tours. it is notjust the river, but the people are connected. people with five generations living here. sharing the same love stop this is pa rt sharing the same love stop this is part of life. but if some people get their way, it could become the hyd ropower their way, it could become the hydropower capitol. this is a term which opened earlier this year and it has a ready cause radical changes to the river. this isjust one it has a ready cause radical changes to the river. this is just one of around 300 hydropower projects planned for the rivers and waterways
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in bosnia. it is a typical example ofa mini in bosnia. it is a typical example of a mini hydro in bosnia. it is a typical example ofa mini hydro plant in bosnia. it is a typical example of a mini hydro plant which produces anything under ten megawatts of electricity. this produces fewer than five and environmentalists say it it makes very little sense. it is huge destruction for minimal gain. these rivers are worth more free—flowing than dammed. people are coming all over the world to see a free—flowing river if you can turn this into sustainable tourism, which is already happening, then you can bring the money directly into the communities. campaigners insist these schemes only benefit self—interested politicians. the authority said they are exploiting unused hydro potential. neither they know the austra developments were available for comment. —— developers. they have been
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successful rallies against the project. he says other communities need to wake up to the danger before other communities meet the same fate. a soft japanese yen is boosting stocks in tokyo. that is a bucking the trend across asia. shanghai and south korea doubt all over concerns over the trade spat between china and the us. the canadian foreign minister is meeting in washington today with trade representatives to talk about the nafta trade agreement. all that on the agenda in business. up next, newsbriefing —
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we'll take you through ther stories making headlines in the global news media today. a new report is warning a million more people will have diabetes in 20 years. public health england has compiled what it calls "the most comprehensive picture" of the nation's current health and future fitness. our health correspondent james gallagher reports. how health is changing rapidly. a million more people will have diabetes in 20 cities time, dementia is one cusp of becoming one of the biggest killer of men. —— 20 years' time. while heart attack and cancer rates keep falling. the nhs will have to adapt faster than at any time in its history in order to cope. prevention and the role we can play stop it also shows the changes
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in nature of illnesses which the nhs will need to and it highlights addressing social inequality. smoking is one reason for the changing picture of our health. the smoking ban, plain packs and shaping have led to more of us kicking the habit. 15% of adults were smokers last year in england but that figure could fall below 10% in the next five years. public health england hopes to achieve a smoke—free society by the end of 2000 and 30. the glaring gap between rich and poor is also highlighted. the riches in society are enjoying nearly two more decades of good health than the poorest stop the finding will be crucial as the protest crucial as the prepares poorest stop the finding will be crucial as the prepares a new long—term plan for the future. this is the briefing from bbc news.
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the latest headlines: the white house says the north korean leader, kim jong—un, has requested a second meeting with president trump. a state of emergency is declared in virginia and the carolinas, ahead of the arrival of hurricane florence. the european parliament will debate the issue of liberal values in relation to hungary. including the rights of minorities and refugees. now it's time to look at the stories that are making the headlines in the media across the world. we begin with the front of the financial times and its coverage of a second summit between the us and north korea. the story says the white house is preparing for another meeting between kim jong—un and donald trump
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after receiving a ‘warm and positive' letter from the dictator. a recent military parade also left out the display of nuclear arsenal. the front page of the metro looks at a possible brexit deal in just 6—8 weeks following postive comments by the eu's chief negotiator michel barnier. online in the guardian aston martin names its first female chair as the bond car brand prepares for a £5 billion stock market float. on news site vice the mayor in the louisiana city of kenner has banned the purchase of nike goods in the city's gyms and sport centres, after nfl star colin kaepernick became a face for the brand. kaepernick ignited political
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debate after taking a knee during the national anthem. and finally the front page the guardian, one of england's greatest cricketers, alastair cook, signs off from his record—breaking international career. what an ending to him. we will talk about him in a moment. joseph is back. joseph sternberg, a columnist at the wall streetjournal. the financial times and many others as well. a picture of the historic meeting earlier
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