- Ben Morris
- Emily Young
Last updated 16 July 2014Share
05:59Ben Morris, Business Reporter
All sorts of interesting business stuff around today. We've already had some solid growth figures from China. Here in the UK we get the latest unemployment numbers at 09:30. There's also an intriguing deal between Apple and IBM. You can email us at email@example.com or tweet @bbcbusiness.
05:59Emily Young, Business Reporter
Good morning - those of you hoping for a glimpse of the F35 fighter jet - you'll have to wait a little bit longer. The Pentagon has confirmed that the plane won't be attending the Farnborough Airshow. More updates from there throughout the morning.
06:01 APPLE IBM DEALRadio 5 live
Apple's deal with IBM is an effort by Apple to move deeper into the corporate market says Paul Kavanagh, partner at Killik and Co on Wake Up to Money. So for example, people will be able to use Ipads more easily and securely at work, he says. That was reflected in BlackBerry's shares which fell 4% on news of the deal between Apple and IBM.
06:07 SILLY SAUSAGE
The newspapers can't resist sausage based puns today. That's after German sausage makers were found guilty of colluding over prices. "Wurst case scenario," says the Financial Times. "Bangers to rights" chortles the Guardian. We couldn't resist it either. "A meaty fine" says the BBC report.
06:15 CHINA ECONOMY
China's economy grew slightly faster than expected in the second quarter. GDP grew 7.5% in the April to June quarter. "The recovery is quite dependent on government support. So I think the government can choose either to tolerate lower growth, or to achieve the growth target they just have to do more stimulus," said Chang Jian, an analyst at Barclays Capital.
06:21 SCOTTISH ECONOMYRadio 5 live
Wake Up to Money is learning about the Scottish economy with a trip to Edinburgh. David Bell from the University of Stirling says that Scotland currently has record high employment and is growing "reasonably robustly". Merryn Somerset Webb from MoneyWeek says a vote for independence would probably see a significant chunk of the banking business move south. Fund management would probably stay in Edinburgh though.
06:30 FREELANCE WORKRadio 5 live
Getting a mortgage is one of the challenges of being a freelance worker says Tom Hadley, director of policy at the Recruitment and Employment Confederation on Wake Up to Money. But most people who freelance are choosing to do so, he says, with only 18% of them doing it while they look for permanent work.
CHINA GROWTH Via BlogLinda Yueh, Chief business correspondent
Is GDP still a useful measure of the economy asks the BBC's Linda Yueh as China publishes its GDP numbers. Its usefulness has recently come under scrutiny but what's the alternative?
06:45 THOR BLIMEY
Is the hammer-wielding Norse god Thor too male, pale and stale? In a move not unlike the Prime Minister's cabinet reshuffle, Marvel Comics is recasting the superhero as a woman (see above). The comic will launch in October, says the Guardian. Perhaps Thor could be rebranded Thora?
06:56 INTEL RESULTS
"PCs have stabilised," said Intel chief financial officer Stacy Smith after the computer chip maker forecast strong third quarter sales. He expects a rebound in demand in China, which has already happened in the United States. Intel said profit rose 45% in the second quarter to $2.8bn.