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Business Matters: Flash Crash Accused to be Extradited

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Sarao edited.jpg

15/10/2016 GMT

Flash Crash Accused to be Extradited

BBC World Service - Business Matters, Flash Crash Accused to be Extradited

Financial trader, Navinder Sarao, will be extradited to the United States.

Financial trader, Navinder Sarao, is to be extradited to the United States. Plus, the CEO of Ford Motor Company on how it's becoming more of a tech firm.

The High Court in London rules that Navinder Sarao, the man accused by the FBI of causing a flash crash of the US market in May 2010, will be extradited to the United States.

Japanese telecommunications and internet company, Softbank, announces it's planning to launch a $100bn technology investment fund, almost half of the cash coming from Saudi Arabia's sovereign wealth fund.

The Ford Motor Company in the US has weathered the financial crisis in pretty robust form. Has that form continued? Kai Ryssdal of our sister programme Marketplace has been to the company's oldest plant in Dearborn, Michigan, to hear from CEO Mark Fields. 

And we hear from one of the brains behind children's TV classic Sesame Street - J Milligan - about his new project to hook children on play apps.

We're joined throughout by Elizabeth Jackson, a reporter and host on ABC Radio in Sydney.

(Picture: British trader Navinder Singh Sarao leaves Westminster Magistrates' Court in central London. Credit: Justin Tallis, Getty Images)

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