tv Business Briefing BBC News July 9, 2019 5:30am-5:46am BST
this is the business briefing. i'm sally bundock. facebook face—off. why a case in europe's top court has major implications for how your personal data is transferred around the world. waste not! a canadian restaurant brings down the amount of food it wastes every day to zero through innovative, but simple, methods — we tell you how. and on the financial markets, muted trade and a cautious tone as investors wait to hear what the boss of the us central bank will have to say to congress on wednesday and thursday.
we start with a hearing in europe's top court, which will have huge implications for hundreds of thousands of companies with european operations. in a landmark case, the european court ofjustice in luxembourg will decide whether the way facebook transfers personal data to the us should be outlawed. the court will hear arguments by austrian privacy activist max schrems, who claims the us government doesn't sufficiently protect europeans' data when it's shipped across the atlantic. the case comes four years after mr schrems brought down safe harbour, a previous data—sharing deal worth billions of euros between europe and the united states. at stake now is the legality of so—called "standard contractual clauses", complex mechanisms which allow facebook and thousands of other companies to move data
freely from europe to the us and elsewhere. while the european commission considers the system legal, mr schrem and his legal team are expected to argue that it runs against eu privacy rules because it allows us national security agencies extensive access to europeans' digital information. the court's decision could potentially pull the plug on cross—border data transfers worth billions of dollars by international companies ranging from banks to carmakers. a final ruling isn't expected until next year. professor suzanne rab, barrister at serle court chambers, joins me now. what are the big issues when it
comes to this case? the fundamental question is whether the us in this insta nce question is whether the us in this instance provides an adequate level of protection for the rights of eu data subject ‘s, that is what the ci’ux data subject ‘s, that is what the crux of this case is on the mechanisms for transferring personal data to the us. what is max schrems arguing? he raises the point that when personal data is transferred to the us, there are not adequate safeguards, there is not an equivalent degree of protection that data subjects would get if that data was transferred within europe, pointing to the us surveillance systems, systems like prison, that they do not give adequate protection for rights including the presence of an effective remedy if data subjects are prejudiced. how long will this
ta ke are prejudiced. how long will this take on what is the court likely to rule? this is not been the first time the court is looked at similar issues and as you've noticed, the previous transfer mechanism, the so—called safe harbour, was struck down by the court. the court will look at the issues and then there will be the question of what remedies are needed. in terms of if there were modifications or if it was ruled in europe that actually the environment in the us does not provide adequate protection for europeans data, what could the implications of that be for facebook and other companies? the court ruling will be striking down those arrangements. in light of that regime, they will be unlawful until an alternative mechanism is put in place that does meet the
requirements. we sell unlawful but what will happen is in terms of policing. in principle, data subjects as data is transferred will have a remedy and that extends to litigation and action between the courts. effectively, they have rights to complain to the national supervisory authorities which is the ico in the uk. we will have to keep a very close eye on how this follows through. thank you for coming in. we have more information on our website. it's a fascinating story. a big weapons deal in the making. the us state department has approved the possible sale to taiwan of abrams tanks, stinger missiles and related equipment at an estimated value of $2.2 billion. but, not surprisingly, china has criticised the deal. let's go to our asia business hub where rico hizon rico, tell us more.
that's right, sally. china's foreign ministry is seriously concerned. beijing also urged the americans to stop the sales to avoid harming bilateral relations. what china deems to be a renegade province, beijing has never announced the use of force to bring the island under its control. we have the taiwanese president saying in march that washington was responding positively to taipei's request new arms sales to taipei's request new arms sales to both its defences in the face of pressure from china. the united
states has no formal relations with taiwan but it's bound by law to help provide it with a means to defend itself. the defence ministry also stressed the us commitment to providing taiwan with weapons to defend itself helps type a's military raises combat abilities, consolidate the partnership and in short taiwan's security. lets brief you on other business stories full instagram has announced new features aimed at curbing online bullying on its platform. one new tool being rolled out is a warning generated by artificial intelligence to notify users that their comment may be considered offensive before it is posted. another feature called ‘restrict‘ that is being tested will make posts from an offending person visible only to that person. a federaljudge has blocked the trump administration the uk government is pumping nearly $50 million into improving the infrastructure for electric vehicles despite a sharp drop
in hybrid car sales after state—funded grants were axed. the department for transport will invest in uk engineering to "tra nsform" the network of electric charge points. sales of plug—in hybrid vehicles slumped by 50.4% injune after the government scrapped a grant ofjust over $3,000. food waste is a problem around the world. 0ne restaurant in toronto may have a simple and effective solution which is to sell off every dish before the end of the night. how? here's how farmhouse tavern uses bells and discounts to reduce unnecessary waste. it's the most satisfying. it's the best rush. it's also exhausting, because that means we've had a really busy weekend.
i tried to strategise some ways to draw a crowd on sunday nights, and make sure we were busy and it be worthwhile being open on sunday night, but i had a firm plan to be closed for three days, realising we didn't want to have a lot of waste left over and didn't want to try to save food until thursday, because then you would have less quality, and that wasn't an option. six steaks available now. lot of restaurants are in the mindset of reducing waste, but this is the first time i've had an opportunity to be challenged to create dishes on the fly and reduce waste in a more
interactive and, like, important, intense, in the moment way. from 3pm to 4pm, $3 mimosas. $4 caesars. $1 oysters from 5pm to 6pm. we do $8 glasses of wine. at 9pm, any main course dishes that are left are half price. it also respects the farmers, respects the ingredients, respects the fact we have access to this delicious, fresh food and i think that's an amazing privilege.
innovation, zero waste. that is your business briefing. more than 40% of uk farmers would have made a loss between 2014 and 2017 without direct payments from the eu. that's according to the national audit office, which warns that the british government isn't allowing enough time to introduce a new subsidies after brexit. spencer stokes reports. this is the environmental strip. a corrupt director of crops growing in some of the countries most fertile soils but 5% of this land has also been handed back to nature, netting current farmer roger hobson and eu subsidy of £100,000 a year. the
government says those green payments will continue when we leave the eu that only a farmers sign up to a new environmental scheme. that only a farmers sign up to a new environmental schemelj that only a farmers sign up to a new environmental scheme. i think it could be a shakeup of the industry, i think it could be more and more consolidation which is less attention to detail and attention to the wildlife and the environment which we are so passionate about. and farms and farmers disappearing? inevitably, inevitably. in total, uk farmers received £3.5 billion in payments in 2018. after we leave the eu, the government will switch to the environmental land management scheme. it places a much greater emphasis on the environment. the aim is to sign up 82,000 farms by 2028. in the government spending watchdog has warned some may turn their back on the industry. labourfarmers could go out of business as a result. at this stage, it is inevitable there is some risk of that because at the moment we don't know the details of the scheme, we
don't know what outcomes government is going to pay for, much they are going to pay. the government says the agriculture bill is the greatest opportunity to reset the agricultural sector a new generation of farmers and land managers, breaking away from the eu's common agricultural policy but replacing that funding could change the face of the industry over the next decade. spencer stokes, bbc news. this is the briefing from bbc news. the latest headlines: the leader of the hong kong government, carrie lam, has confirmed a controversial draft law, that would have allowed extradition to the chinese mainland, is dead and won't be briught back. the planned legislation had prompted mass protests in hong kong. the british prime minister's
office has repeated its support for the uk's ambassador in washington. president trump said his administration would no longer deal with him, following the leak of e—mails describing the trump white house as "dysfunctional". mr trump also attacked theresa may's handling of brexit. let's have a look at that story in particular. and how it is been seen across the world media. we begin with the times and the ongoing diplomatic row. the paper reports that donald trump says he will no longer deal with britain's ambassador to the us, whose private criticisms of the president were leaked. the i carries the same story but with a focus on president trump's comments about theresa may's handling of brexit. he took to twitter to say that it's good news that the uk will soon have a new prime minister. 0n the front page of the daily telegraph is a story that britains police could soon be using military drones to target speeding and dangerous drivers. the philippine star proudly announces of its front page that it is ahead of china, the uk and just one place below the us in terms of best places to live and work in the world according to a report
published by forbes. and bbc news online are reporting on the launch of instagrams new anti—bullying tool which prompts users to pause and consider what they are saying before they post. and finally the lead story on the sports page of gulf news is an interview with virat kohli, captain of india's cricket team as they look ahead to today's world cup semi final between india and new zealand so let's begin with with me is priya lakhani who is founder and ceo of century tech let's get stuck in. the times and if the i looking at this story, the lea ked the i looking at this story, the leaked e—mails coming from kim darroch, the uk ambassador to the us