Today Programme
BBC Radio 4

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Yesterday, President Trump announced that the US and Mexico had agreed on terms that would make for an "incredible" trade deal that was "much more fair" than the existing NAFTA.

Panmure Gordon's Simon French says this is partly an attempt to re-brand a "toxic word" (NAFTA), ahead of the midterm elections in the States.

The question now is whether Canada will fall in line.

"Look at the magnitude of the Canadian economy, it's a 2 trillion dollar economy - a tenth of the size of the US," says Mr French.

"For all the rhetoric from the Canadians of not wanting to get involved with a gun to their head, they will because of the scale of the prize."

He appears to be on to something. Canada's foreign minister Chrystia Freeland has reportedly cut short a European trip to join negotiations in Washington.

Image source, Getty Images

Now that's a payday! A worker in Australia was overpaid 100 times his normal salary in a single transaction.

The man got nearly half a million Australian dollars (£284,900) in his account due to a decimal point accidentally put in the wrong place.

The mistake was reported by the territory's auditor-general who put it down to two different human errors.

So what to do with the sudden fortune?

The worker resisted temptation and duly returned the money.

Today Programme
BBC Radio 4

Image source, AFP

There are fears about a build up of debt in China, and there is of course the looming trade war with the US.

So is Asia's biggest economy in peril?

George Magnus, author of a new book on China called Red Flags, tells Today that any downturn in the country is likely to be prompted by internal forces, rather than by global politics.

Plus, he explains why China has eclipsed the UK when it comes to trade in Africa.

"The Chinese economy is heavily dependent on large quantities of imported commodities," says Mr Magnus, before adding that having a strong presence in Africa is a big part of president Xi Jinping's "Belt and Road" initiative.

As part of the initiative, China is building massive amounts of infrastructure connecting it to countries around the globe.

What's in today's business sections? The Financial Times' Companies & Markets section leads with a Brexit story: "Japan Inc despairs at Brexit risks". The paper warns that Japanese firms are "frustrated by the double talk from the British government over Brexit".

The Daily Telegraph's Business section's top story is: "Carbon price surge delivers jolt to industry". It reports that emissions contracts have hit a seven-year high.

Meanwhile The Times tops its Business section with: "Deloitte's bumper payout raises stake for Big Four", It says that the 702 equity partners of Deloitte will receive an average payout of £832,000 for the latest financial year, an increase of 0.6% over the year and the biggest payout in nine years.

Image source, Getty Images

Uber has attracted another Japanese investor, after Softbank paid $8bn last year to take a 15% stake.

Now, car maker Toyota is investing $500m (£387m) in the ride hailing startup.

They want to expand their partnership and develop self-driving cars together.

Toyota said this would involve the "mass-production" of autonomous vehicles that would be deployed on Uber's ride sharing network.

It is being viewed as a way for both firms to catch up with rivals in the competitive driverless car market.

The deal also values Uber at some $72bn, despite its mounting losses.

Image source, The i Newspaper

Theresa May is embarking on her first trip to Africa - with a bold goal: to overtake China and France and make Britain the biggest investor on the continent by 2022.

The prime minister is reportedly willing to deploy aid money to support the private sector - an approach that will likely be questioned by charities, already critical of the government's approach to Africa.

In Cape Town, Mrs May is expected to say: “I want to put our development budget and expertise at the centre of our partnership [with Africa] as part of an ambitious new approach – and use this to support the private sector to take root and grow”.

We'll bring you more on that speech as it happens here on the live page.

BBC Radio 5 live
Wake Up To Money

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Russell Quirk, chief executive of online estate agent Emoov, tells Wake Up To Money that Countrywide's problems run deep.

"Countrywide was a great business once but it's fallen by the wayside in many respects and hasn't modernised. They certainly haven't recognised that the consumer is insisting that businesses respond in terms of technology, transparency, fee value, empowering the consumer to have control of the transaction."

He says he has made informal approaches to the firm ahead of its £140m shareholder cash call this morning.

Image source, Getty Images

Japan's Nissan has begun producing its first electric car aimed at China.

Working with a Chinese partner, Nissan is making a battery powered version of the popular Sylphy.

It is part of a growing push by automakers to manufacture greener vehicles for the world's biggest auto market.

It also comes as a US-China trade war is casting doubt over US business, a key market for Japanese carmakers.

BBC Radio 5 live
Wake Up To Money

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Sarah-Jayne Clifton, chair of the Jubilee Debt Campaign, tells Wake Up To Money why complaints at payday lender Wonga have gone through the roof.

She says: "Previously Wonga was charging interest rates of up to 5,000% but in 2014 the regulator stepped in and put a cap on the cost of credit and so payday lenders weren't allowed to charge people more than twice what they originally borrowed.

"There's been a big influx of claims from people who say that Wonga was lending to them irresponsibly prior to 2014."

Welcome to today's Business Live page. We'll be bringing you the latest news from around the business world including the latest on stories that payday lender Wonga is set to collapse and troubles at estate agent Countrywide, which is holding a general meeting at 10.30am to ask shareholders for £140m in emergency funds.

We'll be with you until 9.30pm tonight but do please get in touch with your thoughts and opinions to bizlivepage@bbc.co.uk.