Now playing Next Economy Oil crash could mean a litre of petrol will be cheaper than a bottle of mineral water Fed up with the constant talk of tumbling oil prices? Let’s talk water instead. Let’s invert that old saying and pour water on troubled oil times 14/01/2016
Now playing Next Business Series Renault shares tumble on news of factory raids Shares in Renault closed down just over 10 percent after falling as much as 20 percent earlier in the day. Almost five billion euros were wiped off 14/01/2016
Now playing Next Syria New aid convoy due in Syria as peace talks are scheduled for this month New convoys carrying food and medicine to the besieged Syrian town of Madaya and two others are due to arrive today, January 14. It comes after 14/01/2016
Now playing Next Economy Pain at the petrol pumps for motorists despite oil prices tumbling The theory of cheap oil for the motorist. How does it work – or does it? Tumbling prices and a global glut but not at the pumps. Percentage price 13/01/2016
Now playing Next Business Line Oil price warnings and Tinder swipes right or left When US investment bank Goldman Sachs said last year that oil could fall as low as US$20 per barrel, no one really took it seriously, rather as the 13/01/2016
Now playing Next Business Series US regulators reject VW's plans for emissions fix US regulators have rejected Volkswagen’s plans to fix 2.0 litre cars equipped with equipment which “cheated” emissions tests allowing them to emit 40 13/01/2016
Now playing Next Economy China's exports up for December A boost for China’s exports came in data for December which showed a rise of 2.3 percent from a year ago in yuan-denominated terms. Forecasts were 13/01/2016
Now playing Next Business Series UK oil giant BP cuts jobs UK oil company BP is set to pay the price for plummeting prices. It has announced it is to shed 4,000 jobs globally, 600 of which will be lost from 12/01/2016
Now playing Next Turkey Turkey: a rapid and remorseless response from Erdogan The Turkish president slams intellectuals and the human rights lobby for influencing debate 12/01/2016
Now playing Next Economy Calls for an emergency meeting of OPEC countries as oil prices slip Volatile trading in oil has prompted calls for an emergency meeting of the Organisation of the Petroleum Exporting Countries. Benchmark Brent crude 12/01/2016
Now playing Next Economy European stocks stabilise but global worries persist European markets opened the week on a rebound, clawing back some of the losses of the previous week, but the main market preoccupation continues to 11/01/2016
Now playing Next Economy Holiday hangover hits rouble as speculators claw at Russia The Russian rouble tanked again on Monday as the week opened with the Russian currency under severe market pressure. A 10-day holiday period in 11/01/2016
Now playing Next World News Chinese markets plunge again causing more global shudders The volatility in Chinese markets has continued. They were down sharply at the close on Monday, dragging Asian markets down with them. The Shanghai 11/01/2016
Now playing Next World News Double suicide attacks kill more than 70 in Libya A car bomb in the Libyan oil port of Ras Lanuf has killed at least a dozen people and wounded more than forty others. Blazes continue at five oil 08/01/2016
Now playing Next Syria Madaya, a town on the brink of starvation, granted UN food aid by Assad The Syrian government has agreed to allow emergency UN aid into three besieged towns – including the rebel held town of Madaya, close to Damascus – 07/01/2016
Now playing Next Musica Naples Nutcracker shines at Teatro San Carlo Among its remarkable gems, both natural and artistic, Naples can boast Europe’s oldest opera house, Teatro San Carlo. To see out 2015 and welcome in 07/01/2016