Business Matters

The Colombian government and Farc rebels say they have reached a definitive bilateral ceasefire in Latin America's longest running armed conflict. The main issue - the disarmament of the rebels - has been addressed. And, after half a century of war, the Colombian President Juan Manuel Santos has said a final peace deal could be signed by late July. There have been plenty of reports of peace before, so is this really it? We hear from the BBC's Natalio Cosoy in Bogota. California's last nuclear power plant will close by 2025 under a proposal announced on Tuesday, with safety concerns given as the main reason. But the Diablo Canyon plant produces enough power for 1.7 million homes. There is now a plan to replace the energy with renewables, though some environmentalists do not think they will be able to match that produced by nuclear. However, Erich Pica, president of Friends of the Earth US, says he is celebrating the closure of the plant. Are we heading towards a cashless society? It is a subject of int