after k pop and k drama, k reality becomes the latest south korean cultural export to win a huge global fanbase. if these kind of shows can travel outside of korea, that means more funding coming in for that show, that gives them more funding to produce a bigger show. and in hollywood, everything everywhere all at once is the big winner at this year s screen actors guild awards. a very warm welcome to the programme. and we begin here in the uk. the uk prime minister, rishi sunak, will meet the president of the european commission later for what s being described as final talks on a new brexit deal for northern ireland. mr sunak and ursula von der leyen will be trying to resolve the range of complex challenges around the protocol during the meeting. our political editor chris mason has more. here stands the ultimate prize in all of these negotiations. this is stormont, in belfast, the home of the northern ireland assembly. getting it and an executive here up and running ag
let s get down to business. an australian firm recharge industries has come to the rescue and bought the battery maker britishvolt out of administration. the deal is expected to be announced shortly. britishvolt had plans to build a £4 billion gigafactory near the port of blyth in northumberland, but it ran out of money and collapsed last month. its downfall was blamed on a lack of battery experience, unproven technology, and therefore no customers oi’ revenue. the new owner is another start up. recharge industries is owned and run by a new york based investment fund called scale facilitation. its australian chief executive, david collard, told our business editor simonjack why his company was different. what we re bringing, which is different to the prior britishvolt, is we re bringing validated technology. so that process has already started. us defence has also validated the technology, it s actually already supplied to the uk navy through a subcontractor over here.
this is bbc news with the latest business headlines for viewers in the uk and around the world. recharged the doomed battery maker, britishvolt, is scooped out of administration by an international start up in the same sector. we have the benefit of picking up we have the benefit of picking up and leveraging a lot of the stuff that was in place as well as a lot of the stuff that was already under way. there s hope in the air for rishi sunak over the northern ireland protocol as the european commission president makes her way to the uk. britain s energy price cap may fall today, pending an announcement by ofgem. but there s a sting in the tail. and is there such a thing as too much wine? bordeaux vineyards are calling for government help to manage over production.