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Business Matters: Sinking ship sparks environmental concerns

Sinking ship sparks environmental concerns

03/06/2021 GMT

BBC World Service - Business Matters, Sinking ship sparks environmental concerns

A ship carrying plastics and chemicals is sinking off the Sri Lankan coastline

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. Huawei has launched its own mobile operating system in a bid to break away from reliance on Google's Android. We hear more from Ian Sherr of CNET News, in Washington DC. 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 BBC’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. Plus, sales of books have been booming during lockdown; we speak with the founder of Bloomsbury publishers, Nigel Newton.

All this and more discussed with our two guests on opposite side of the world. Lori Ann LaRocco, senior editor of guests for CNBC, in New Jese. And Jyoti Malhotra,editor, National & Strategic Affairs, The Print website, in Dehli.

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

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