these are two huge companies — reliance industries is one of the biggest companies in the world, ownedia's richest man, mukesh ambani — mix it — mixing that with the huge presence that disney has, there, means it is a huge disrupter for that sector, and it'll probably be subject to regulatory approval because of that. let's turn to the us, where its economy grew at an annual pace of 3.2% from october through december. that figure is less than the commerce department's initial estimate. but consumer spending grew by 3% in the same period. strong exports also contributed to fourth quarter growth. from the world's biggest economy to the world's fastest—growing economy — india's latest gdp figures are due out later today. the south—asian country experienced an impressive first half of 2023. but its growth is expected to have slowed down in the last three months. the bbc�*s archana shukla explains. after an impressive first half of the year, economic growth is expected to slow down in the october to december quarter. what is taking it down is a slowdown in industries, uneven weather pattern

these are two huge companies, reliance industries is one of the biggest companies in the world, ownedia's richest man, mukesh ambani — mixing that with the huge presence that disney has their means it is a huge disrupterfor that disney has their means it is a huge disrupter for that sector, and it'll probably be subject to regulatory approval because of that. turning to the us — where its economy grew at an annual pace of 3.2% from october through december. that figure is less than the commerce department's initial estimate. but consumer spending, which accounts for about 70% of us economic activity, grew by 3% in the same period. strong exports also contributed to fourth quarter growth. from the world's biggest economy to the world's fastest—growing economy — india's latest gdp figures later today. —— will be released later today. its economy experienced an impressive first half of 2023. but its growth is expected to have slowe down in the last three months. —— slowed down. the bbc�*s archana shukla explains. after an impressive first half of the year, economic growth is expected to

these are two huge companies — reliance industries is one of the biggest companies in the world, ownedia's richest man, mukesh ambani — mix it — mixing that with the huge presence that disney has, there, means it is a huge disrupter for that sector, and it'll probably be subject to regulatory approval because of that. let's turn to the us, where its economy grew at an annual pace of 3.2% from october through december. that figure is less than the commerce department's initial estimate. but consumer spending grew by 3% in the same period. also, strong exports also contributed to fourth quarter growth. from the world's biggest economy to the world's fastest—growing economy — india's latest gdp figures are due out later today. the south—asian country experienced an impressive first half of 2023. but then, its growth is expected to have slowed down in the last three months. the bbc�*s archana shukla explains. after an impressive first half of the year, economic growth is expected to slow down in the october to december quarter. what is taking it down is a slow growth in industries, uneven

these are two huge companies — reliance industries is one of the biggest companies in the world, owned's richest man, mukesh ambani — mix it — mixing that with the huge presence that disney has, there, means it is a huge disrupter for that sector, and it'll probably be subject to regulatory approval because of that. let's turn to the us, where its economy grew at an annual pace of 3.2% from october through december. that figure is less than the commerce department's initial estimate. but consumer spending grew by 3% in the same period. strong exports also contributed to fourth quarter growth. from the world's biggest economy to the world's fastest—growing economy — india's latest gdp figures are due out later today. the south—asian country experienced an impressive first half of 2023. but its growth is expected to have slowed down in the last three months. the bbc�*s archana shukla explains. after an impressive first half of the year, economic growth is expected to slow down in the october to december quarter. what is taking it down is a slowdown in industries, uneven weather patterns

these are two huge companies — reliance industries is one of the biggest companies in the world, owned

these are two huge companies — reliance industries is one of the biggest companies in the world, owned

industries.ce, controlled by billionaire mukesh ambani, will own 63% of the new streaming giant, with disney holding the rest. ornando parfitt is the senior news editor of screen international. he says this deal will be an industry disrupter. well they are talking about having a 40% market share — so obviously a 40% market share of india

industries, in a deal worth $8.5 billion.ers across the country — but the deal will need approval by regulators. us regulators have given boeing 90 days to come up with a plan to deal with "systemic quality—control issues" after a door panel blew off a 737jet in mid—air last month, sparking renewed safety concerns. following an all—day meeting with the federal aviation administration, boeing ceo dave calhoun said the firm is totally committed to addressing its concerns. us burger chain wendy's has denied it is exploring plans to raise prices on customers at busy moments, claiming its plans were "misconstrued". the firm had told investors this month that it was rolling out digital menu displays at its restaurants and expected to start testing features "like dynamic pricing" early next year. the plans quickly caused a backlash. coming up: small car, big plans. france's best selling model of the 19705 and 80s — the renault 5 — makes an electric return. around the world and across the uk, this is bbc news. voiceover: bbc news - b

disney and reliance industries are said to be binding these industries. what do we know so far?nouncement expected. that is the lens that will hold at least a 61% stake going to disney. the -- how certain aspects of disney are treated in this merger. the stake that disney holds will get that or not. an exact breakup and announcement is being expected. >> how will the transaction impact india's media landscape? >> this is a binding agreement of just a few months for the transaction. once that happens, -- basically a big challenge to competitors necklace or sony. we will expect this to happen in the segment after this. they will change the strategies to match up. >> before you go, where does this leave sony? what is the game plan in the country? >> they were in the process -- two year long process to merge with an indian tv network. see enterprises limited. one fourth in the indian markets. but after two years of negotiations, they sent a termination notice. we have seen the termination notice. sony needs to be nimble. there are some local media reports today. >> thank you so much

disney and reliance industries said to have signed a binding pack to virgin media operations in indiae media unit of reliance and its affiliates are expected to own at least 61% of the merged entity with disney holding the rest. details are likely to be announced this week. berkshire hathaway says its cash pile dropped -- jumped to a record in the fourth quarter as the firm struggles to find meaningful deals. the chairman and ceo warren buffett warned an eye-popping performance was unlikely as the conglomerate tries to find deals at attractive valuations for your the fourth quarter earnings came in at $8.4 billion versus $6.6 billion for the same time frame one year before. we have more to come on daybreak: asia. this is bloomberg. ♪ is it possible to count on my internet like my customers count on me? it is with comcast business. keeping you up and running with our 99.9% network reliability. and security that helps outsmart threats to your data. moaire dida twoo? - your data, too. there's even round-the-clock customer support. so you can be there for your customers. with comcast busi

disney and reliance industries are said to have signed to merge media operations in india.nd its affiliates are expected to own at least 61% in the merged entity with disney holding the rest. they say details of the deal are likely to be announced this week. annabelle: standard chartered ceo bill winters said the bank took nothing from the chinese real estate market last quarter. he told bloomberg he sees a long recovery ahead for the sector. >> we have seen now several quarters of stability with a consistent level of stimulus that has kept it from falling. we have 88% coverage on our at risk chinese commercial real estate portfolio. we have written it off. i hope they get recovery one day, but i think it will be a long recovery as a fact of the matter. we are way ahead of the market in taking those provisions as we were in taking provisions relating to other businesses that were impaired. we set a target two years ago of doubling profits in china over three years and we have almost done that in two, doubled the profits. the juxtaposition of china having a tough time was do

creating a joint venture with viacom 18 as well as reliance industry limited.a. part of the deal the transaction will be valuing joint venture at $8.5 billion and reliance industries investing closing $1.4 billion. joint venture controlled by these three companies with a 47% stake controlled by viacom 18 and 37% controlled by disney. so iger saying in a comment here that this is a really key way to take advantage of the opportunities in this market. i want to point out this addresses some of the issues of the lower performing assets that disney has had in india versus the higher performance streaming app this year. back to you. >> julia, thank you. >>> meanwhile, rick santelli is standing by from cme in chicago, breaking economic data. rick, numbers, please? >> yes. second look at four quarter gdp. last look was 3.3. lose 0.1% moving to 3.2% on consumption. exact opposite. ramped it up from 2.8 in the rearview mirror. expectations dropped a bit. instead increases to 3%. 3%. that's solid. if you recall, 3.1% was the final q3 of last year. moving in good territor

of on hydrocarbons, therefore other industries have developed just like the drone sort of industry to take one example that iranian drones are now seem to be one of the best and the cheapest produced globally so again... "that could be another export market that iran could utilize, so yes of course sanctions have hurt, there's no doubt at all, but it has made iran resilient when you to use a metaphor, if you throw someone in the sea, they will find a way of swimming out of it and surviving, because this is human nature, and iran has found an opportunity with the support." the people living in iran, especially the younger generation uh who have not seen the revolution post revolution generation if you like, they are contributing immensely, because what happens, you know, like shalaymani quite rightly pointed out that islamic republic is the center of islam and shiism, today hussain bin ali's base is in iran, you should know that the islamic republic is century, century, and if this century is preserved, others will be preserved as well, if the enemy destroys this century, no century, n

but japan's reliance on truckers the heart of the country supply chain steadfast. how to go montgomery, cnn, tokyo >> in paris, farmers stormed a french agriculture fair. saturday as president emmanuel macron met inside with the industry's key union leaders according to organize the international fair was set to begin saturday with the speech by my home. but this demonstration forced to delay to the opening. the protest marks the latest by european farmers against increasing eu environmental rules. and that includes a planned by the french government to phase out a tax break for farmers on diesel fuel >> head coach of duke >> university's basketball team is calling for a ban on students storming the court at the end of the games. duke sophomore kyle filipowski was injured when fans ran onto the court. as you can see there at the end of week for us, upset win over duke saturday. duke coach john shyer says filipowski suffered a sprained ankle week forest university released a statement saying they sincerely regret the unfortunate on-court incident >> then the >> us i

say it is definitely a nightmare, to reduce the reliance on chinese components.s because it is technically really difficult to build a new supply chain. made in china components are really cheap and the technology is also pretty good. even for china, it took nearly a decade to build on their own supply chain. that means it's going to take another decade for the u.s., korea and other makers to build a new supply chain, too. it could also be pretty expensive to build a new supply chain and that means that it's going to also slow down the ability for carmakers to produce cheaper electric vehicles. shery:shery: there are some companies trying to make that effort. >> yes. that's true. i talked to several materials makers seeking some raw materials made outside of china. we have other battery makers like samsung sdi looking for materials made out of china. they are looking into countries like australia or the philippines or any country that has a free-trade agreement with the u.s.. but one big concern for them is we have a presidential election in the u.s. and that mea

the solar industry in europe faces an uncertain future as to do plants to reduce the blocks reliance on fossil fuels. so we heard a little bit there about the role of a solar and all of this, but i'd like to speak more about this e u climate target with beatrice and christopher from dw environments. thanks for joining us in the studio today. so we are expecting the european commission to recommend a 90 percent reduction in that greenhouse gas emissions by 2040. and are you surprised that this is such a high percentage coming up so soon? it's definitely a huge jump from kind of the interim target that we have right now because of the target we have right now is that in 2030, we're aiming for a kind of 55 percent compared to 1990. and suddenly we go from 2030 to 2040 and we go from 55 to 90. mm. it's definitely very aggressive. but also what scientists who have been monitoring those for years and years have been things that it's absolutely necessary that you as one of the top 4 emitters in the world. also, historically speaking, european countries are kind of the ones who burned the mo

his desire to keep scotland buoyant and have its reliance on these energy consumption , um, industriesiously seem at odds with his criticism of how scotland moved away from coal mining. so it's quite difficult to understand exactly what he is promising scottish voters, apart from some grand notions of more close working with local government, um, etc. to try and peel off some of that snp vote, which obviously is very clear that they want more independence . but obviously the problem is in scotland that a lot of the policies that the snp are promising , a policies that the snp are promising, a lot of policies that the snp are promising , a lot of the things promising, a lot of the things that they say voters want are things they can deliver already. they don't need an independent scotland to be able to deliver that. and yet they keep promising more, but they don't actually look at the powers they have already . have already. >> now human rights campaigners have claimed officers from russia's intelligence service have visited the prison where alexei navalny was held just two days before

on the theory that congressefitely, when it capped the big industry paying 2%, 3%, whatever the number is, they would not have wanted small fishermen to pay 20%? >> and so we wl have a range of reaction t that and i was suggesting that we think there is a lot inhi statute to relary authority here and that specifically contemplates that the vessels might have that relationship with the monitors and therefore might be in a situation where they have not paid and that there c be circumstances in that footnote dhe way that the other two monitors, they were government monitors, corct >> and so this is our program that my friends he relied on to see the negative statute and two of those will apply and so it isery different and they pay fees tohe government including entering into that relatish and those contractors that will p for administrative expsend that program operatis in this way. it mighte possible that they wi move in a be required to contract with those monitors, and that is the whole thing and it doesn work because they will put tha penalty in that section of the act that will appl

on the theory that congress definitely, whent capped the b industry paying 2%, 3%, whatever the number is, they would not have wanted small fiermen to pay 20%? >>nd so we will have a range of reaction to that and i was suggesng that we think there is a lot in this statute to regulatory authority here and that specificallyontemplates that the vessels might have that relationship with the monitors an therefore might be in situation where they have not paid and that there can be rcumstances in that footnote and the way that t other two monitors, ty were government monitors, correct? >> and so this is our program that my friends have relied on to see the negative statute and two of those will apply and so it is very different andhe pay fees to the government includgntering into that relationship and those contractors that will pay for administrative expenses and that program operations in this way. it might be possible that they will move in and be required t contract with those monitors, and that is the whole thing a it doesn't work because the will put that penalty in that section of the

on the tor that ngress definitely, when it capped the big industry paying 2% 3%, whatever the number is, they would not have wted small fishermen to pay 20%? >> and so we will have a range of reaction to that and i was suggesting that we think there is a lot i this statute to regulatory authority herend that specifically contemplates that the vessels might have that relationship with the monitors and therefore mighte in a situation where they have n paid and that there can be circumstances in that footnote and the way that the other two monitors, they were government moto, correct? >> and so this is our program that my friends have relied on see the negative statund two of those will apply and so it is very different and they pay fees to the government including entering into that relationship and those contractors that will pay for adminirave expenses and that programperations in this way. it mht be possible that they will move in and be requid to contract with tho mitors, and that is the whole thing and it doesn't work because they will put that penalty in that section of the act t

on the theor that ngss definitely, when it capped the big industry paying 2% 3 whatever the number is, they would not have wte small fishermen to pay 20%? >> and so we will have a range of reaction to that and was suggesting that we tnk there is a lot in this statute to regulatory authority here and that specifically contemplates that the vessels might have that relationship with the monitors and therefore mighte in a situation where they have not paid and that there can be circumstances in that footnote and the way that the other two monitors, they were government monito,orrect? >> and so this is our program that my friends have relied on s the negative statutend two of those will apply and so it is very different and they pay fees to the government including entering into that retionship and those contractors that will pay for administravexpenses and that programpetions in this way. it might be possible that they will move in and be required to contract with those mits, and that is the whole thing and it dsn't work because they will puthat penalty in that section of the act that wil

the trump is ukraine hasn't got that defense industrial base restaurant site. so whenever it tries to generate to search outside of the reliance on the flow and west of weapons, now look something like play the america is going to continue to fund this. and then for the next, the west spins off base defense inductor by 12 o 2, we have batteries producing, split 5 trees, producing almonds. they haven't, le escalate to the industry in the west to that level. unless we do have to say the future looks pretty bleak. and i think that's being felt more by those nations that situated near to ukraine because they have worried that depression. thanks ukraine, who will be next to it so well in good i guess for countries like finland and sweden to, to join nice high. but i guess, unless that capacity, the for producing weapons actually does ramp up. nothing is really going to happen here. uh that is good for you crime. why do you think that that production hasn't stepped up sofa? well, the trouble is you, i think mine to the south is conflicts. the west, including the us,

., we reduce our reliance on foreign energy sources, mitigate geopolitical risks, and improve u.s. national security. the bill creates new jobs, simulates investment and energy infrastructure and fosters innovation across related industries. increasing l.n.g. exports will expand markets, bolster domestic production, and increase economic growth. this bill will also provide cleaner, more environmentally friendly energy options for our partners and our allies. and it's important that they know where we stand and they can depend and trust us during these times. this bill also supports global efforts to reduce greenhouse gas emissions while increasing global energy security. florida plays a pivotal roll in the landscape of u.s. l.n.g. exports with a hub for l.n.g. expansion and development. jax port is the only port on the east port to offer l.n.g. fueling capabilities. i urge all of my colleagues who care about national security to get on board with this bill. with that i yield back. the speaker pro tempore: the gentlewoman from florida yields. the is being from south carolina. mr. du