As more cases of Coronavirus are confirmed in China, the BBC's Andrew Walker considers the potential economic impact of the disease. Plus, German car parts manufacturer Gedia is the latest in a line of companies hit by ransomware attacks. Bill Goodwin from Computer Weekly explains what's happened. And Chris Low of FHN Financial weighs in on the US markets from New York.
The business of male make-up
Daniel Gray is founder of War Paint for Men, and tells us after just 14 months he's exporting male make-up to 77 countries. Charlie Teasdale of men's magazine Esquire discusses the actors who are leading a trend towards men wearing make-up. South Korea was market leader in Asia for male make-up until 2017, and Hellen Choo of the website Swagger talks us through some of the most popular products sold through her site. Also in the programme, as more cases of Coronavirus are confirmed in China, the BBC's Andrew Walker considers the potential economic impact of the disease. Plus, as the World Economic Forum in Davos draws to a close, we get a sense of the prevailing mood at the event from Bruce Whitfield, who is a journalist from South Africa and host of The Money Show, and Patrick Foulis, business affairs editor at The Economist.
Update: China virus weighs down global shares
China virus weighs down global shares, as Scott Nations from NationsShares in the US explains. Plus, designer Jean Paul Gaultier has his last haute couture fashion show.
How reliable are economic statistics?
We take an in-depth look at how we measure economic growth and ask if it can be improved. Oxford economics professor Diane Coyle argues that GDP is only a partial measure of what happens in an economy. Erik Brynjolfsson of the Massachusetts Institute of Technology makes the case for estimating the value of free internet services in economic activity statistics. And Peter Levell of the Institute for Fiscal Studies tells us falling response rates for those conducting economic surveys could be affecting the validity of the data that emerges as a result. Also in the programme, the British government is introducing a law that would entitle working parents to two weeks statutory leave if their child dies. The BBC's Simon Gompertz explains the background to the change.
(Picture: Illustration of graphs. Picture credit: Getty Images.)
Update: Nigerian business responds to US travel ban threat
Nigerian business responds to the threat of a US travel ban. Meanwhile, the Japanese legal system is under scrutiny after an accused automotive boss called its system of prosecution 'unfair'. And Susan Schmidt from Aviva Investors in the US gives us the day's stock market movers and losers.