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WBR: US becomes top oil producer 04 July 14

Fri, 4 Jul 14

The US overtakes Saudi Arabia and Russia to become the world's top oil and natural gas producer, according to a Bank of America report. The Tour de France starts in northern England this weekend. We ask what the world's most famous cycle race will mean for the region's economy. And we hear from our reporter, Shilpa Kannan, in India where poor investment in cold storage and distribution problems mean the country wastes about $7 billion worth of food every year. We also take a look back over some of the week's key events in business with Jason Karaian, European correspondent at the website Quartz¹.com, and Matthew Bishop², US business editor with the Economist³.