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Sinking ship sparks environmental concerns

The latest business and finance news from around the world, on the Ö÷²¥´óÐã.

Sri Lanka faces an environmental crisis after a ship that caught fire off the coastline sinks – Lloyd’s List editor Richard Meade tells us the economic and financial implications. Online retailer Etsy has bought second hand shopping app Depop for $1.6 billion. We get the reaction of Elizabeth Paton, consumer business correspondent at the New York Times. Sales of books have been booming during lockdown; we speak with the founder of Bloomsbury publishers, Nigel Newton, and ask how sustainable such a bumper year for books is. The rise of electric vehicles could see traditional service stations closing across the planet over the next two decades, and replacing pumps with fast chargers is unlikely to save them. The Ö÷²¥´óÐã’s Justin Rowlatt has an extended report on what this means for garage owners, and the landscape of our countries, if electric charging stations become the norm. And finally, the International Festival in Edinburgh is back on – famous for comedy, the festival was cancelled for the fist time in 73 years due to the coronavirus pandemic. Executive director Francesca Hegyi tells us about the logistics and challenges of moving the festival outdoors this year.

(Image: Smoke billows from the Singapore-registered container ship MV X-Press Pearl as it's towed away from the coast of Colombo. Photo by Ishara S. Kodikara via Getty Images)

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27 minutes

Last on

Wed 2 Jun 2021 21:32GMT

Broadcast

  • Wed 2 Jun 2021 21:32GMT