Time tojoin sally time to join sally for World Business report. Can bp profit in a world awash with cheap oil . The Fossil Fuel Giant releases its latest results in the coming hours. We will have analysis. And downgraded toshiba is removed from tokyos main stock board because of its financial problems. Is the japanese giants future now in doubt . Hello and a very warm come. This is World Business report. I am sally bundock. The University Of California is using wi fi enabled drones to create a system of sd imaging which could potentially allow them to see through walls. We will have more on that in a moment. In the next few hours, bp, one of the Worlds Biggest Oil producers will release its latest set of results. The numbers will be a strong indicator of how the industry is doing in a world where a 50 oil price has become the new normal. Analysts are estimating the company will report a profit in excess of 600 million for the Second Quarter of the year. That would be a big leap on from the 1. 1; billion losses it made in the same period in 2016. However its still a long way behind rival shell, which made 3. 6 billion over the period. One of the reasons for not being closer to shell is an expected 750 million write down thats a loss to you and me and thats for a gas project in angola it deemed to no longer be commercially viable. Why . Well the price of oil is at around half the 100 plus level seen in 2014. Thats squeezed Balance Sheets and forced the likes of bp to spend money only where it can deliver big returns. Nick coleman focuses on the Energy Sector at s p global platts. Good morning. Thank you for coming in. So it is true to say bp is more financially vulnerable than, say, shell. But we had to mention the Gulf Of Mexico disaster. It is paying out for the. It is still paying out for the. It is still paying out for that. They are paid 60 billion in that time. That is partly because the payments are phased and are going to continue for more than a decade to come. But even in the First Quarter of this year, they paid out over 2 billion. Compared with shell, that shows how it is not really performing in the same way as some of its main rivals. It is promising some news tomorrow. What is a promising for its shareholders . It is promising to increase its cash flow from the second half of this year and in the yea rs second half of this year and in the years up to 2020, it will add new capacity. So about 1 years up to 2020, it will add new capacity. So about1 Million Barrels of oil a day in places like the gulf of oil a day in places like the Gulf Of Mexico, sorry, in the north sea. And these companies are all increasing their production. So they get the benefit of the doubt from investors, to some extent. Can bp cover its Investment Costs and also pay out its dividend, which it is committed to, if the price stays at 50 7 committed to, if the price stays at 50 . Shell is saying they all ready can. They are saying they can get fit for the 40s. Bp is still struggling one. It cannot cover investment to replace the business, keep new production coming, and pay the dividend. It cant really do that, or it has been unable to do that, or it has been unable to do that at 50, quite yet. We will see what they have to say about that. That is key, isnt it . For bp, is Co Mforta Bly that is key, isnt it . For bp, is comfortably in everybodys pension fund. It has been for a long time. Bp or shell, you would have one of the other. If bp is not seen as a company they can deliver, it is a concern, is that it . These companies wa nted concern, is that it . These Companies Wanted of brayden sier themselves from, for instance, the shell drilling. These Companies Want to differentiate themselves from. These can be sound like sound investors prolong time. Last year, bp said it you would average hourly for a0 yea rs. You would average hourly for a0 years. That should bring bp almost 200,000 barrels a day in a a0 year period. That is the sort of thing investors like. 0k. Thank you for coming in so early to provide your analysis. We will have the news on bp in one hour and 20 minutes. More analysis then, too. Now, lets talk about the University Of California. Theyre using wi fi enabled drones to create a system of 3d imaging which could potentially allow them to see through walls. We will have more on that in a moment. Bbc click spoke to the woman behind the project to see how it works. True drones fly outside the area of interest. 0ne sends a signal and the other analysis it. Each object in drax with the transmission, according to its material property, location, and geometry. So we can say that in a sense each object leaves a mark on the transmission. Any technology can be used for good purposes and can also be misused. And this technology is also no exception. But the hope is that as a society we always push for technologies to be used for the good of the society. To negation signal such as Wi Fi Signals are everywhere, these days, so it is important to understand fundamentally how much they can sense and learn about the environment. Transmission signals. This is important so that we can ensure that they are used in a proper way. Thats stay with technology and look at the ongoing trouble surrounding japans ailing Electronics Giant toshiba. Its shares were demoted to the second tier of the Tokyo Stock Exchange this morning due to its liabilities exceeding its assets in the last financial year. Joining me now from our Asia Business hub in singapore is shara njit leyl. Sharanjit leyl, shara njit leyl, this Sharanjit Leyl, this is going from bad to worse, isnt it . It does seem to be that way, sally. Unusually, in spite of the demotion from that prestigious first section of the Tokyo Stock Exchange, shares are rising today. They are up about 6 . That is due to the fact that there area that is due to the fact that there are a lot of Retail Investors picking it up, trying to make a quick dollar. But as you say, the demotion from the main section of the board, that is a comedown from the board, that is a comedown from the for the conglomerate. It has been described as a washed up top gear atley, it is seemingly tearing it up in second division. We know it has been struggling to restructure since huge losses in its nuclear is this in the us. What happens with japanese businesses, if they get demoted when they make these recordings. They get delisted entirely when they have had two consecutive years of negative shareholder equity. And as you say, toshiba has flagged that it is labour that is exceeded its assets by just over 5 labour that is exceeded its assets byjust over 5 billion this financial year. What they are trained to do now is a lock their prized assets, which are the memory chip division, trying to avoid a second year of brutal losses, essentially brought on by those cost overruns. Thank you forjoining us Sharanjit Leyl with the latest on toshiba. In other news, qatar has filed a formal complaint with the World Trade Organisation against the economic embargo imposed on it injune by neighbouring arab states. Qatars Minister Of Economy and commerce said the trade boycott, led by saudi arabia, was a clear violation of International Trade law. A split in the Bitcoin Community is set to create a new incompatible version of the Crypto Currency today. A group of insiders is unhappy with existing plans to speed up transaction times. They plan to offer existing investors a matching amount of a new virtual asset, called bitcoin cash, which could put pressure on the value of original bitcoins. Thats quickly look at the markets. We talked about oil. We are waiting for the bp results. 0ilers in focus because the price keeps going up and up. You can see brent crude about 52 a barrel. Nymex is about 50 a barrel for the First Time Since may. 0il stocks are doing well, energy doing well, and earnings coming through stronger than expected for Many Companies listed around the world. That is boosting general competence. I will see you soon. Patients with Pancreatic Cancer are being operated on injust two weeks instead of two months by Fast Tracking Treatment which could save more lives. Research published in the Medical Journal Hpb shows 22 more patients were able to have their tumour removed during surgery. Pancreatic cancer is one of the hardest types to treat. Medics in birmingham hope their approach will be adopted nationally since it also saves money. Michele paduano reports. Kate rigby was amazed at how smoothly the nhs worked when she was diagnosed with Pancreatic Cancer. Within seven days, she had had surgery at the Queen Elizabeth hospital in birmingham. surgery at the Queen Elizabeth hospital in birmingham. I feel emotional, actually. Privilege. I could have died. I can control the nhs budget and all the other things that affect people who arent as lucky as me. But they can spread the word. Normally people with jaundice like ms raggi had based in pudding, which delays the main operation. But the hospital bypassed this step, and nurses sped it up from two months to 16 days, meaning that a fit more asians were able to have their cancer removed. Cutting out the step also said the nhs £3200 per patient. We saved the nhs Hundreds Of Thousands of pounds. That is reproduced in other hospitals and could make savings across the board. A greater cancer has a low survival rate. It will be two years before doctors can say that treating patients more quickly will mean they live longer. If they do, that will bake the question as to whether or not other aggressive cancers should be treated more quickly. Now, kate rigby knows that she has been given the best chance possible to survive magnetic cancer. Michele paduano, bbc news. Pancreatic. Coming up at 6am on breakfast, charlie and naga will have more on that story and the rest of the days News Business and sport. President trumps fired the Communications Chief he appointed less than a fortnight ago. The white house said Anthony Scaramucci had made inappropriate comments in an interview in which he attacked mr trumps then chief of staff. Paris looks almost certain to host the 202a Summer Olympics after los angeles agreed to host the olympics four years later, the first time both cities have held the summer or winter games. Nicolas maduro of venezuela says sanctions imposed on him area venezuela says sanctions imposed on him are a sign of desperation and hate. The sanctions were imposed after sundays vote for a new constituent assembly. The hollywood actor and playwright sam shepard has died at the age of seventy three. He was nominated for the best supporting actor 0scar For The Right Stuff in 198a, and also wrote more than a0 plays. Now its time for our newspaper review. Whats making headlines around the world. Dominating the press the sacking of White House Communications director Anthony Scaramucci just 10 days into hisjob. Politico running with the headline scaramuccis short, wild ride through trumps white house. The Business Section of the times looks at the us currency being dragged down by what it calls white house chaos. The article claims the dollar has endured its worst run in six years. The Financial Times is leading with the fallout of brexit on banks. It follows the most detailed assessment on the sector by Consulting Firm oliver wyman which estimates Cost Increases of a and a 30 jump in banks capital needs. The guardian also reports that wholesale banking could lose a0,000 jobs. Spotify has reached 60 million paying customers as the pioneer of Music Streaming prepares for public listing this year. This article in the companies and markets of the Financial Times saying spotify has added more than 20 million paid subscribers in the last year. Beijing is the smartest city in china according to a report on the Cashless Society released on monday. The article in the china daily also highlights that 8a percent of respondents surveyed were comfortable going out with only