strikes over. the hollywood actors union agreed a tentative deal ending a 118 days long strike. and fortescue turns green: how one mining tycoon is reinventing himself. hi, there. welcome to asia business report with me, mariko oi. we begin with some news out in the last few hours. the hollywood actors�* union has reached a tentative agreement with studios to end strikes which have really rocked

the entertainment industry. actors and, before them, writers, demanded higher pay, with a strike that lasted 118 days. costing the california economy some $6 billion. we bring in our reporter who has been following the story. the deal still needs to be approved by the board of the union. this is the sag union which represents a lot of the actors in hollywood, a lot of the actors that play smaller roles. so we don't know the details of the agreement, but we do know what those actors were demanding. you mentioned higher pay. they say that streaming giants have been profiting ever since the streaming era started, but that pay hasn't trickled down to the actors, the lower level actors in particular. they have concerns about advancing technology and artificial intelligence. they say that these streaming giants could use their likeness and not need theirjobs or skills

in person in the future, going forward. they want some protection against that. they also want a slice of the streaming companies�* revenue. they did so well during the pandemic, these actors say they haven't got those rewards. now, this is the second strike after the writers, television and film actors�* strike earlier this year. hollywood has practically been at a standstill and it is doing many major productions, so this will be good news for all the industries that are supported by the film industry. from mining mogul to green pioneer, andrew forrest made his billions by founding fortescue, seeing him become one of the richest people in australia. his as business leaders who don�*t commit to going green are simply making

excuses. i�*m joined now by nick marsh at the new economic forum where business leaders are meeting a lot of business leaders are there this week. welcome back to the coast of singapore, in terms of the general big overarching theme here, it is more of the same. it is how the businesses and governments align their priorities. global businesses want seamless transactions, they want smooth global supply chains, they want relationships to be straightforward across borders. governments on the other hand have their own strategic goals, they compete against nations, look at the us—china rivalry for example, and i think one way in which you see this kind

of tension rag magnify the most is with climate change, and like you said, i was speaking to andrew forrest yesterday, australia�*s richest man, the boss of his massive mining conglomeration called fortescue, and he actually invited me onto a fortescue ship, and as luck would have it, we are in the press room right now, we saw the ship pull up right now, we saw the ship pull up right here in the strait of singapore, and i don�*t know if you can make it out, we will zoom in a bit, it is the one with the big green circle, called green pioneer, and what makes it special as it is capable of running on ammonia, which is, in theory, could be a emissions ship. d�*andrea talked about all kinds of things. what it oil down to he said that it is not about lack of technology, lack of money, if your company isn�*t going green are not going green soon, it boils down to laziness.

we are on the road right now to make money out of the green technologies. we have the technology like everybody in the world. to say it is an excuse for inaction and excuse for executive laziness. there will be people watching this who will be sceptical and say, yeah, 0k, more words, more words, more words. what makes you the real deal? i'd say to everyone come and see what we are actually doing. i trust more what someone does and what they say. there is now no reason for you not to go green. if you are not going green, if you are not naming a date this decade or early next decade that you will stop using fossil fuels, then probably the reason isn't technology, isn't finance, it's character, it's conviction of leadership. that is the resource we need now to stop the world destroying itself. what is your date? mine is 2030. because today you were talking about a lack of character and leadership. are you referring to your peers there, i imagine?

what do you actually mean by that? you raise leadership. i know for sure, because we are doing it. trust us, we are actually doing it, that we have the technology. i know the world has a finance. what we are lacking now is the conviction of our leaders to use the technology we have, the finance we have and get our corporations to stop burning fossil fuels. it is not the public, that is the greater —— greatest green wash in the world to say it is a public's fault. no, there is probably a thousand industrial leaders like me who we should be held to account by the public. strong words there. another thing we spoke about which you didn�*t quite hear there was where australia sits in this relationship between the us and china. china is australia�*s biggest trading partner, the us is australia�*s strongest strategic ally. there will come a time if it hasn�*t started already to be honest that the us will say to australia, we need to get you to stop selling certain things to china, we don�*t want them

to get an advantage in green technologies and andrew said, i don�*t want to be involved in this. if companies are trying to use geo strategic weapons, we lose sight of the bigger picture which is to do carbon eyes and to end climate change. whether governments listen to those words is a completely different matter of course.— words is a completely different matter of course. thank you so much for _ matter of course. thank you so much for that, _ matter of course. thank you so much for that, nick. _ matter of course. thank you so much for that, nick. zooming l matter of course. thank you so | much for that, nick. zooming in on the ship was really impressive, but now your arms are hiding my pastries. i am not happy!— are hiding my pastries. i am nothau! . ., ., ~ not happy! that was great work to our cameraman. _ not happy! that was great work to our cameraman. he - not happy! that was great work to our cameraman. he has- not happy! that was great work i to our cameraman. he has earned the pastry. to our cameraman. he has earned the pastry-— the pastry. indeed. bring them back to the _ the pastry. indeed. bring them back to the newsroom. - the pastry. indeed. bring them back to the newsroom. thank| the pastry. indeed. bring them i back to the newsroom. thank you so much, nick. now to the united states. disney has reported results that beat expectations thanks to strong attendance at its theme parks particularly in asia which has managed to offset some of the decline in the company�*s ad revenue. it is a big test for the returning chief

executive. we have the latest from new york. it is nearly a year since bob iger made his shock return to disney following his retirement, and having restructured its operations, mr iger, who is on his second go—around leading media giants, admit disney was now moving its next phase. with lab work to do. our progress has allowed us to move beyond _ progress has allowed us to move beyond this period and begin building our businesses again. an example of that next month, disney will want a better test of an app that launches disney plus, if streaming service with hulu, another streaming service. itjust bought the remaining stake in hulu from comcast. this comes as streaming losses shrunk and as disney+ added 7 million subscribers, that is nearly double forecasts. it is also investing money in its theme parks, which continue to grow. and new films like the marvels, due out this friday, should help its film studio, which is focusing on making less stuff

of higher quality from its existing franchises. still, not all is rosy. for example, disney�*s abc network and other tv stations saw lower political advertising revenue during the quarter, a decline in ad revenue that has worried investors. and there is still the question — what does disney plan to do with espn, its sports service, which many wonder whether or not it will sell off in the future. on that, i didn�*t offer much commentary. on that, i didn't offer much commentary-— on that, i didn't offer much commentary. on that, i didn't offer much commenta . �* ., ., �*, commentary. before we go, let's u date commentary. before we go, let's update you _ commentary. before we go, let's update you with _ commentary. before we go, let's update you with other— commentary. before we go, let's update you with other business l update you with other business news making headlines this morning. a live video chat is shutting down after 1a years. this announcement was on their website which shows a gravestone. the platform which allowed users to socialise with random people online grew in popularity during the pandemic and people were forced to stay the founder said in a at home. the founder said in a statement that operating was no

longer sustainable financially, nor psychologically. i�*m eagle has been the subject of controversy including in a landmark case where a user .,. , erie/771; , z 155513355 8 z ' " 155513355 for " through the platform for bearing her with a paedophile. woman —— omegle. a bangladeshi woman has been killed in clashes —— omegle. a bangladeshi woman has be workers in clashes —— omegle. a bangladeshi woman has be workers demanding factory workers demanding better wages. thousands of factory workers demanding better ' a ges. thousands of factory workers demanding better ' a day thousands of factory workers demanding better ' a day after isands of factory workers demanding better ' a day after rejecting a streets a day after rejecting a government offer of 56% pay increase. unions want almost twice that amount. before we 90, twice that amount. before we go, i want to tell you about china�*s inflation and show you how hong kong�*s market is reacting because we got the latest data from china showing that the country is now back in deflation. that prices deflation. that means prices are falling, down 0.2% which is small but still, when prices fall, the economy activity small but still, when prices fall, t down, |omy activity small but still, when prices fall, tdown, which ctivity small but still, when prices fall, tdown, which is ivity small but still, when prices fall, tdown, which is a ty small but still, when prices fall, tdown, which is a huge slows down, which is a huge concern for the world�*s the igis economy and

that as well. but is it for this business —— position of we will asia business report. we will be back tomorrow so join us you can. goodbye for now. thank you can. goodbye for now. thank you for watching. from across the uk. but believe it or not, this is gatwick. it�*s a new centre with hands—on experiments with the hope of inspiring schoolchildren to considerjobs in stem, engineering and maths. fundamentally, it is about our future pipeline of talent. we are hoping that some of them might be the workforce for the future with gatwick. featuring a mock—up runway lighting rig, among this group, many were keen to see the opportunities on offer. something to do with biotechnology, something to do with stem.

and i want to make a plane that can hold about 8,000 people that is a kilometre long. when i grow up, - i want to be an engineer. i love the idea - of creating planes so i think it'd be _ really cool to build a plane and then have a chance to go on it yourself. - the specially adapted space will be here for a year as part of a pilot and will get feedback from schools and students of new and enthusiastic talent to the airport�*s workforce. head to the bbc news website. hey. i�*m zof with the catch up. tonight: possession of laughing gas becomes illegal, a cat rescue and a surprise proposal. but first, we start with tiktok. have been getting

longer recently. this is because they announced it will be removing by the creativity programme beta, which the app�*s bosses say will make more chances to earn income, but this is only for videos over a minute long. next, laughing gas has become a criminal offence in the uk and is now categorised as a class c drug. possession of it for illegitimate use will carry a sentence of up to two years in prison. chief accountable over a pro—palestinian march set to take place on remembrance day this saturday. after falling 30 metres down a mine shaft in cornwall. it is all thanks to this dog as it alerted her owner by going berserk and running around in and out of the woods,

basically leading them to finding mogli. that is adorable. bagpipes skirl that�*s right, lynn�*s partner mike literally walked down the aisle beside bagpipes before popping the question. she obviously said yes. i mean, it would be pretty awkward, wouldn�*t it, if if he did that in front of everyone and she said no. nevertheless, couple goals. you�*re all caught up now. see you later.

late drama in the champions league as manchester united throw away a lead twice to lose at copenhagen