Iran to agree gas contract with France's Total

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Iran says French energy giant Total is to agree a billion dollar deal, which could rise to five billion, to develop an offshore gas field in the Gulf. We talk to Energy industry commentator Stephen Schork. India has cancelled the registration of more than a hundred thousand companies as part of a government crackdown on tax evasion. Our regular economic commentator Michael Hughes says introducing a national tax will not be easy for India's leader. Record companies are struggling to meet rising demand for vinyl, which has prompted Sony to open a new plant in Japan. Ian Shirley, editor of Record Collector Magazine, speaks to us about why vinyl is back in fashion. (Photo by Mark Renders/Getty Images)