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tv   Asia Business Report  BBC News  January 25, 2024 2:30am-2:46am GMT

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and the max 9 back in the air. a battle of the butter chicken, and a battle of the butter chicken, why the popular dishes dividing people in india. hello and welcome to asia business report. i'm steve lai. the federal aviation administration in the us says it will not allow boeing to expand production of the 737 max jets. almost 200 jets have been grounded after a cabin panel blew out on a plane while in the air. the faa did, however, say the max 9, the plane involved, could return to service after inspections. united airlines says it has been given the go—ahead to get its planes back in the air. this is after the boeing boss faced questions from us lawmakers over that midair incident, as erin delmore explains. the boss of boeing, david calhoun, said he understood the seriousness of the safety questions facing the company as he was on his way to meet with us senators on wednesday. we believe in our aeroplanes. we feel they are safe and our people do, we have confidence in the safety
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of our planes. the embattled boeing ceo is trying to reassure airlines, regulators and passengers after a near—catastrophic alaska airlines incident earlier this month. it saw a cabin panel blow off a brand—new 737 max 9 jet. since then about 171 max 9 jets have been grounded. mr calhoun did not comment on an anonymous report posted online by someone claiming to work at boeing, calling the aircraft's production process a rambling, shambling disaster waiting to happen. this week united airlines ceo scott kirby called the max nine grounding "the straw that broke the camel's back for us," saying united is considering fleet plans that don't include the latest boeing 737 max 10 model. united and alaska airlines utilise around two—thirds of all boeing max 9s in flight and alaska air group reports their fourth—quarter earnings on thursday. meanwhile boeing has delivered a 737 max to china. it marks the end of
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an almost five—year freeze. it represents a vote of confidence to the us planemaker in a time of increased scrutiny. the delivery is amid strained trade relations between the world's two largest economies. staying with china, leaders have stepped to support a plunging stock market and a fragile economy. the central bank announced moves to inject $140 billion in cash into the banking system. they are responding positively but unless say more measures will be needed to reverse losses. the united automobile workers of major us union endorsed joe biden�*s re— election bid. hejoined order workers on a picket line last year which was a first for a sitting president. jae year which was a first for a sitting president. joe biden bet on the _ sitting president. joe biden bet on the american - sitting president. joe biden| bet on the american worker while donald trump blamed the american worker.
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applause- american worker. applaus : ~ ., american worker. applaus: ~ ., ~ ., ., applause we need to know who will sit in the — applause we need to know who will sit in the most _ applause we need to know who will sit in the most powerful - will sit in the most powerful seatin will sit in the most powerful seat in the world and help us win as united working class. so if our endorsements must be earned, joe biden has earned it! in earned, joe biden has earned it! w ., , it! in fact when donald trump was in office, _ it! in fact when donald trump was in office, six _ it! in fact when donald trump was in office, six auto - was in office, six auto factories close around the countrx _ factories close around the country. tens of thousands of order— country. tens of thousands of orderiobs_ country. tens of thousands of orderjobs were lost nationwide during — orderjobs were lost nationwide during his — orderjobs were lost nationwide during his presidency. during my presidency we opened 20 order— my presidency we opened 20 order factories with more to come! — order factories with more to come! we created more than 250,000 _ come! we created more than 250,000 orderjobs all across america! _ 250,000 order “obs all across america! ,, ., ., america! staying with the auto sector, america! staying with the auto sector. the _ america! staying with the auto sector, the world's _ america! staying with the auto sector, the world's most - sector, the world's most valuable auto company has warned of a slowdown in sales of its electric vehicles. tesla reported only for the final quarter between 23 with both profit and revenue largely missing expectations. michael dunn who watches tesla closely get me a sense of the road and
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head. ., , ., ., , head. the honeymoon is over, even for _ head. the honeymoon is over, even for mighty _ head. the honeymoon is over, even for mighty taswater. - even for mighty taswater. globally we have seen electric vehicle sales in the last 12 months continue to grow at a much slower pace than everyone thought. they are answering this in a couple of ways. one, reducing prices to stokes demand for products which are putting enormous pressure on competitors. then importantly today, you won musk confirmed that they are at a sort of staging area for the next wave and it will be a model to, much more affordable vehicle in the price range of about $25,000. he is betting that will trigger a second wave of demand, starting probably in 2025. i5 starting probably in 2025. is that whether competition is as mac be what he has been managing to sell at lower prices with considerable success. will test have to take them head—on? success. will test have to take them head-on?— them head-on? absolutely. if ou look them head-on? absolutely. if you look around _ them head-on? absolutely. if you look around the _ them head-on? absolutely. if you look around the number. you look around the number one limited to the man for electric because today is rice. in the
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united states the average cost is around $50,000 and in europe is around $50,000 and in europe is even higher. china has answers, the 20, $30,000 product already. elon musk understands and recognises that competition and says to win out in the future, we need to have our own sub— $30,000 product, the model too. this put enormous pressure on others like ford and volkswagen who struggled today, losing money on higher—priced vehicles. can they match what tesla and the chinese are doing? that's the looming question for investors. how important is the china market or tesla? enormously important — market or tesla? enormously important. more _ market or tesla? enormously important. more than - market or tesla? enormously important. more than half - market or tesla? enormously important. more than half of| important. more than half of all of the tesla cars built were in china, demand is important and it is also an export is. no china, no tesla as we know it today. there wouldn't have been this sensational success without china. going forward, look for elon musk to diversify away from china, new flat in mexico
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coming, additional capacity in berwyn and texas. he values china short—term but realistic about the prospect for a tesla image in the china market going forward. , . . , image in the china market going forward. �* , . ., forward. australians are drivina forward. australians are driving bigger, - forward. australians are driving bigger, heavier. forward. australians are i driving bigger, heavier and dirtier cars driving bigger, heavierand dirtier cars and is alarming both climate and road safety experts. rising petrol prices on a deterrent, sydney phil mercer reports. australia's roads are dominated by rugged sports utility vehicles and units. a decade ago hatchbacks and other modest cars were the most popular. but not anymore. around 75% of new cars sold in australia these days are utes and suvs. so australians are choosing bigger, more—expensive—to—run and higher—polluting vehicles in really high numbers. that has a lot of problems for our streets and cities as well as for our hip—pocket and our climate. for enthusiasts, the powerful petrol engine is a thing of beauty.
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the lions pride holden car club in sydney celebrate an iconic big brand that was australia's car. it's something that's built into aussies and it's our thing and i don't think we will ever give it up easily. do you see yourself driving an electric vehicle? no. i think i'll be pushed in that direction but for as long as we can get petrol to put in these vehicles, i think they will never leave our black tar. despite an affectionate petrol and diesel, the popularity of electric vehicles in australia is surging. prices are coming down and sales last year doubled compared to 2022. australia though is still in the slow lane compared to other countries, but steady progress is being made. the downside is that they do use a bit of fuel. the upside as they go forever. rowan miller, a marketing expert, uses his diesel—powered four—wheel drive
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for camping trips. but he says that change is coming. evs are the future. there is a slower uptake because they are more expensive in australia than other places and i don't think we have got that infrastructure to support it yet. australia no longer has a mass car—making industry. leaving it behind in the race to develop electric vehicles. when we lost that, we lost the capability to produce an ev for our environment and climate. we are an input economy without the ability to make vehicles customised for us. proposed new fuel efficiency standards in australia aim to limit pollution from cars and should increase the supply of lower emitting and electric vehicles. phil mercer, bbc news, sydney. while the battle between evs and petrol cars continue, there is a battle brewing in india. it is of the butter chicken. a
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business correspondent has the details for us. who exactly has beef with chicken?— beef with chicken? well, this is essentially _ beef with chicken? well, this is essentially an _ beef with chicken? well, this is essentially an intellectual. is essentially an intellectual property law suit that has been brought on by one of delhi's oldest establishments. they have this new and upcoming chicken that is essentially saying it was the founder in the invented butter chicken when they came in from pakistan into dehli. they also said it is not only staking claim to this but one of the look and feel of the website and restaurant —— delhi. he says that i have a right to disclaim as well because actually the founders were partners in the 19305. it is founders were partners in the 1930s. it is a very expensive lawsuit, about $250,000 running
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into some 200 pages. something that has picked interest on indian television screens and social media, with many people suggesting perhaps it wasjust some grandmother in a village whojust invented the some grandmother in a village who just invented the butter chicken. certainly something the courts will be hearing soon in the next hearing slated for may and everybody would be watching and waiting with baited breath who it was that invented butter chicken. looking forward to the outcome of the story. that brings us to a close here on asia business report. but delightful dish might whet your appetite for a bit of early lunch, goodbye for now. voice-over: bbc news, - bringing you different stories from across the uk. i think we started just to have a little — i think we started just to have a little seat and itjust seemed to grow organically from
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there _ seemed to grow organically from there with lots of people visiting. it grew and grew and over— visiting. it grew and grew and over the — visiting. it grew and grew and over the years mother nature takes — over the years mother nature takes it— over the years mother nature takes it away again. we come back— takes it away again. we come back and _ takes it away again. we come back and put it back together. that _ back and put it back together. that is — back and put it back together. that is not a lot left at all. everyone who came to build the bench as there are memories of the place. bench as there are memories of the place-— the place. that's all right on the place. that's all right on the beach — the place. that's all right on the beach and _ the place. that's all right on the beach and then - the place. that's all right on the beach and then she - the place. that's all right on the beach and then she died last april. easter bring little stones — last april. easter bring little stones with a message to remember herand now stones with a message to remember her and now it is all gone — remember her and now it is all gone it— remember her and now it is all gone. it starts again.— gone. it starts again. these are memorabilia _ gone. it starts again. these are memorabilia from the l are memorabilia from the previous bench. people who have written their names on them. it might be nice to put some of them back so when people come they can see them. it is them back so when people come they can see them.— they can see them. it is not they can see them. it is not the first _ they can see them. it is not the first time _ they can see them. it is not the first time they - they can see them. it is not the first time they have - they can see them. it is not the first time they have had they can see them. it is not i the first time they have had to do this, the bench has been damaged by storms before and in the summer by a fire. this pluck which was donated than is now the centrepiece for the new bench once more. the group said a hope more people come along and add more driftwood and
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mementos to build the bench up once again to the community hub it once was. voice-over: for more - stories from across the uk, head to the bbc news website. hey, i'mjulia with the catch up. tonight — who scored a brit nomination, sunak faces another rebel and a rhino saving breakthrough. but we've got to start with the brit awards, because records have been broken by rae who received seven nominations. that is the most a single artist has ever received in one year. # sleezing and teasing...# her nominations include best artist, where six of the 10 nominees are female. a pretty different picture from last year where the brits faced backlash for their all male line up. the brits have also revealed a new rnb category. some other stories now.
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prime minister rishi sunak has denied the idea that he's out of touch with people in the uk. sir simon clarke is a senior mp from the pm's own party. he wrote an article calling for sunak to be replaced. that makes him the second former minister to call for his resignation since november. a project in bristol is looking to build up a bank of medical photos that show a range of skin tones. one volunteer said she's taking part after her own anaemia was misdiagnosed because of her skin colour. and hidden fees for online customers, aka drip pricing, is set to be banned under new law proposals. it says that any extra booking fees for things like cinema or train tickets will need to be clearly marked from the start of the shopping process. and we'll leave you with ten seconds of this rhino miracle. yes, scientists have achieved the world's first ivf pregnancy on a rhino. the northern white rhino is facing extinction with only two of the animals left on the whole planet.
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amazing. you're all caught up now. have a good night. hello and welcome to sportsday, i'mjane dougall.
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it was tense but liverpool are through to the final of the english league cup to face chelsea at wembley. who's through, who's out, and who's lost theirjob? we'll have the latest from the africa cup of nations. and we hear from both captains as india and england prepare for their five test series. welcome to the programme. we now know our finalists for the english league cup. liverpool will play chelsea at wembley next month after beating fulham across two legs in the semifinal. it finished 1—1 on the night at craven cottage after goals from luiz diaz and fulham's issa diop, but liverpool were leading after the first leg and won 3—2 on aggregate.

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