麻豆约拍

US officials said the record settlement reflected Goldman's "central" role in a "massive corruption scheme". Goldman admitted it had fallen "short", calling it an "institutional failure". In all, the investment bank is due to pay about $5bn in penalties - about two thirds of its 2019 profits - to regulators around the world, to resolve cases that have severely tarnished the firm's reputation.

The IMF calls Covid-19 an unprecedented health and economic crisis for sub-Saharan Africa. The 麻豆约拍's Andrew Walker talks us through which nations are expected to be particularly badly hit. And we hear from prominent investor Zemedeneh Negatu of Fairfax Africa Fund, who says there are many reasons for Ethiopians to feel optimistic.

Also in the programme, as talks between the UK and the European Union over a future trade deal resume in London, we consider how likely it is that the two sides will reach a deal before the end of the year, with Jonathan Portes of the UK in a Changing Europe, and Roger Bootle of Capital Economics.

Plus, luxury goods maker Hermes says that demand for its products is picking up again. We get reaction to the news from fashion blogger Corrie Bromfield.

(Picture: Goldman Sachs/Reuters)