thanks ian from deloitte.acktracked on previous agreements china made on talks has prime frontage president trump to threaten to more than double tariffs on 200 billion dollars of chinese goods. with some around the corner for some of us, for those of us in the northern hemisphere, we are so looking forward to a cold pint of beer at the end of their working day. is that you 5ally at 9am? 5ome people get stuck in at the middle of their day. the global beer market is huge, worth more than half $1 trillion every year with china, brazil and the u5 amongst the biggest producers. when it comes to drinking the stuff, no one does it better than those in the czech republic, consuming on average a whopping 183 litres per person per year. cobra beer was started in 1989, born out of the idea of a less gassy beer to drink with indian food and it now has sales of more than $350 million per year and is sold in more than a0 countries. karan bilimoria is founder and chairman of cobra beer. welcome. you didn‘t bring any bit! it

deloitte has lost people as well and kpmg has lost several directors in the past few months. female anyway, so they don‘t wa nt to are female anyway, so they don‘t want to be losing women, they want to add them and they want cultures that are nice for women to work in. i know people in other big accountancy firms who want the culture to change because it is not moving with the times. lovely to see you. that‘s it from business live today. there will be more business news throughout the day on the bbc live webpage and on world business report. we‘ll hear more about tim‘s permanent make—up! it is already a very warm and muggy start to the day, but we have got a lot of cloud at the moment with rain and drizzle in the northern part of the uk. but for all of us it will be much warmer than the last few days. bright spells across england this afternoon, but northern england, northern ireland and in scotland there will be rain, particularly in central southern scotland. chile far north, about ten or 11 degrees, elsewhere widely up to 20 or 23 degrees. it will be quite muggy with those

£13.8bn in revenue from 2017 to 18, which is a 6% annual increase, according to new figures from deloittemarket leader as five teams competed in the champions league for the first time. china's vice foreign minister zhang hanhui claims the us is engaging in "naked economic terrorism" amid the ongoing trade war between the world's two largest economies. this meanwhile, here's a picture of us president donald trump's 2020 re—election campaign flags which are being made at a factory in china. that ongoing trade war is weighing on investor sentiment. gains in heavyweight oil company shares helped london's main index inch higher even as traders avoided riskier assets after beijing dialled up the angry words against washington in their worsening trade war. oil majors shell and bp boosted the main share index — even though oil prices have given up some of their earlier gains. firstgroup, jumped to a near two—year high after itput its u.s. coach service greyhound up for sale and also saidit was looking to separate its uk first bus operations. among smaller stocks, de la rue plc lost a quarter you

a national ipo services leader and partner at deloitte joins us in new york.o pricing towards the bottom of the range, obviously setting things up for a pop. what is your interpretation? and i wasn't,ised right? these kind of ideas that are these super dynamic companies everybody knows about, you generally tend to see them purposely set the original range just so they will be able to price at the high-end and be able to tell everyone its oversold, everybody wants to be part of this, and then even price it a little bit higher, but still leaving room for a pop . the fact that it actually went down is surprising. i think it surprised a lot of us. that said, that is if you're looking at the ipo in a silo, but when you take a step back and look at everything else that in the broadert markets and everything else, it's probably not surprising. in fact, probably kudos to them for getting out, period, where a lot of other companies may not have even made it this far. think this will play out on friday? ? lyft any guide do you think shareholders will after the initial e

margaret doyle, a financial analyst with deloitte is here to tell us what's caught her eye.rents, teachers and schoolchildren will be interested in this. should phones be banned entirely in school? according to this group of head teachers yes, they should be. the reason they make this argument is they think mobile phones are a complete distraction in school, and there has been evidence from a study done by lse which says if you take things away, people spent do a lot better in tests. there is a 6% boost in test results will stop although one of the directors also said it is good for mental health to keep kids away from social media. you know when you sometimes forget your phone? you know, and you are in a bit of a panic, and actually it feels like freedom. i wonder whether we should be teaching children to get used to disciplining themselves. we have got full stories to get through. this is all about toxic air pollution and how it affects the body. i think the real question aboutair body. i think the real question about air pollution is this the tobacco moment for air pollut

margaret doyle, a financial analyst with deloitte is here to tell us what‘s caught her eye. are doing the right thing or doing the healthy thing. so parents are currently scanning the breakfast table. what do they need to think about? actually, naturalfruit juices are worse, according to this study, for health impacts. than fizzy drinks. we all know that sugary fizzy drinks are not good for us 01’ our sugary fizzy drinks are not good for us or our kids, but this is saying that actually, fruitjuices, which many of us thought have got vitamins and so on, they are not better because they have sugar in them, and the sugar has the same impact as if it were in a fizzy drink. fructose. i think we all thought because it is fruit, because it has other things in it like vitamins, it will be better for you, but the thing is that the sugar is the baddie here, and it is associated with increased mortality. in other words, you are more likely to die sooner because of having high sugar levels. apparently, smoothies are even worse for high sugar content. a lot of pa rents for high sugar con

joining us right now is the ceo of deloitte.wanting to put data into the cloud. >> you look at the migration into the cloud that's been happening over the last three to four years. it's giving quantum computing and some of the things you were talking about, also given the privacy issues and cyber security issues around the cloud, so there's a lot to thing about. companies as we know are very aggressively moving to the cloud. >> it's pretty fascinating. cisco said by 2021, 94% of compute power will be done in cloud data centers. infrastructure as a service is the biggest booming area. will it remain these three big players. in 2012 it was only amazon. rack space was a distant second. that's when you saw google and microsoft enter the space. it's so costly. so is this the triumph that we're going to see going forward. >> i think they're clearly the big three. there's an ecosystem around them with lots of companies getting into cloud. whether they'll be as big as the big three is next to be seen. what's next after cloud? the questi

let's talk to austin houlihan, director in deloitte's sports business group.ague. to put that in context, the premier league, in euro terms, generates about 1.6 billion more than the next highest revenue generating leak from more than the next highest revenue generating leakfrom broadcasting, which is la liga, so that is where the premier league has its big differentiator. the other big driver is, some of the larger clubs are global brands around the world and so they are able to capitalise on that and grow their commercial reve nu es that and grow their commercial revenues and that is driven overall market growth over the last few yea rs. market growth over the last few years. and do these numbers tell us anything about attendance at stadiums? are they still raking in money from ticket sales and people going there in person? attendances are still strong. in the premier league, for the season just gone, over 38,000, stadiums pretty much full. in terms of ticket pricing, a lot of clubs have frozen to get pricing over the last few years. where the growth has rea

. >> you know, graduates at top of her class at sonoma state, recruited by deloitte and touche and they started her out at $80k. "we want you --" "not, i wanna do a little business of my own," you know? and she and tim would run around and do stuff. >> reporter: paint murals and so forth? >> yeah. >> reporter: were they any good? >> not really. >> but she loved him nonetheless. fourteen years this went on. rachel wanted to get married and have kids. >> and i haven't asked her to marry me yet. and -- >> reporter: did you wanna have kids? >> i did. i did. i did, but i just wasn't there yet, you know what i'm saying? >> well. it's an old story, isn't it? tim was blindsided by what happened next. rachel met another man, someone who was everything tim was not. todd winkler. focused, disciplined. a former f-16 fighter pilot, who was on track to be a corporate leader. tim scrambled. >> and i went and bought a ring real quick to propose to her. and -- i did. >> it was too late by then, of course. rachel turned him down, and announced her engagement to todd. >> it was really hard, you know, beca

£13.8bn in revenue from 2017 to 18, which is a 6% annual increase, according to new figures from deloittehave been overcharged around £24 billion over the past 15 years by utility companies. that's according to the charity citizens advice. it says the method of calculation used by regulators in the water, energy, and broadband and telephone sectors over—estimates how much companies will need to invest in their network infrastructure. it's calling on companies to give a rebate to all customers and it wants regulators to stop it happening again. gains in heavyweight oil company shareshelped london's main index inch higher on thursday even as someaversion to risky assets prevailed after beijing dialled up the rhetoric against washington in their protracted trade war. 0il majors shell and bp boosted the mainshare index as oil prices rose on thursday after an industry report showed a bigger—than—expected decline in us crudeinventories, though global trade uncertainty still looms. among smaller stocks, de la rue plc lost a quarterof its value and plummeted to a more than 14—year low, after the

i met somebody at deloitte who said they had 40 and if daca isn't codified by congress, there's a prettyurt actions, it's going to go away, and those people all will be in some danger of losing their jobs at the moment, they're under psychological pressure that you just -- it is totally unfair it is cruel. it is wrong. and for these young people who have never committed a crime, or they wouldn't have daca -- if they commit a crime, they lose daca -- who have been in school here, many of them since they were babies -- we are being unintentionally very, very cruel to them, and i pray we fix this in time. >> don, i want to thank you for joining us it's always a pleasure to see you. and i really appreciate you coming and taking the time while we're here. >> a joy to see you, becky >> thank you, don. again, don graham. also, a quick note for you you can sign up for cnbc's new weekly "buffett watch" newsletter every friday you'll be all the week's news about warren buffett and berkshire hathaway, along with highlights from our buffett archive and updated list of the buffett top ten stock holdi

and a paid family leave hearing over in the senate, there was somebody from deloitte that was testifying what they do in states where they have employees that - >> they are all over the world. i have seen this. so, they are kind of a big employer. but they are not mr. sandercamp. >> what they do is they have their employees first file to get the state base program. see you can see the crowding out there. the stills provide some benefit on top of that. but they have shifted portion of that onto the state provided program. >> thank you for that. >> one of my colleagues said that we, - the tax cut and jobs act provided so much money that we have seen an increase in wages an increase in family leave and if it's. and he said, we are still going to see that evidence. i guess miss gupta, can you share with us, i know, we have seen $803 billion in stock buybacks. i am wondering what evidence do you have that this is resulted in increased benefits for families? >> as i have mentioned before, there continues to be tremendous need for a paid family medically. especially for the lowest wage workers.