Skip to main content

tv   Asia Business Report  BBC News  July 19, 2018 1:30am-1:46am BST

1:30 am
to the team who rescued them. they said they thought it was a miracle when the divers found them. and they honoured saman kunan, the former thai navy seal who died while taking part in the rescue. president trump has again reiterated that russia did interfere in the 2016 us election. in an interview with cbs news, mr trump was asked if he held the russian leader personally responsible. and this story is trending on bbc.com it's what happened to this stretch of canal in western england, when someone left all of the gates open at a lock. as you can see, all the water drained away. they've since been put back to normal. that's all. stay with bbc news. and the top story in the uk: sir cliff richard says that senior bbc managers have to "carry the can", after he won his privacy case over the corporation's coverage of a police raid on his home.
1:31 am
now on bbc news live to singapore for asia business report. the european commission slabs are record $5 billion on google. and now mariette, the world ‘s biggest hotel chain becomes the biggest company to announce it is breaking its habit of using plastic straws. good morning and welcome to asia business report. live from singapore. google has been lined a whopping $5 billion by the
1:32 am
european commission, it is the biggest fine it has ever handed out toa biggest fine it has ever handed out to a company and it is all connected to a company and it is all connected to the compa ny‘s to a company and it is all connected to the company's android operating system for mobile phones. its competition commissioner said google has abused its market dominance. this is very serious illegal behaviour going on since 2011. it is a big market and it is a very serious offence and there, from our guidelines, comes a very large fine. google is fighting back. the chief executive says the decision it was the fact that the android phones are ready face stiff competition against apple. we are concerned that today's decision will upset the careful balance of the android ecosystem. we have a strong case to what it has brought to the european market place as well as globally and this is why we intend to appeal. $5 billion is a
1:33 am
lot of money for many companies but it is not really for google. according to some analysts, the amount is and the equivalent to just over two weeks revenue for alphabet. 0thers over two weeks revenue for alphabet. others say what the eu is trying to do is to send a clear message. not only to google but to all these large web companies that increasing yea rs have large web companies that increasing years have become monopolies. they are sending a message and this is something we will see more of not only for google but for all the internet giants. what does it mean for android phones in europe going forward , for android phones in europe going forward, the people using them?” think that what it means is we might see a little bit of tweaking to google business model as it relates to android. they heavily encouraged their hardware partners to reinstall
1:34 am
their hardware partners to reinstall their apps but that might be banned. we might see things like google map, google play, you chew, not being installed. —— youtube. something similar happened in russia a few months ago. google is trying to fight back. does this remind you of the row we saw decades ago between the row we saw decades ago between the us authorities and microsoft? the row we saw decades ago between the us authorities and microsoft7m does. it is very similar in theory but there is a big difference in that google is offering its services for free whereas microsoft is offering on a paid subscription basis. whether or not this will change that business model is yet to be seen. a growing number of companies are removing plastic straws and the biggest hotel company
1:35 am
mariott is the biggest to announce it will get rid of all straws. starbucks and american airlines have a ready announced plans to eliminate plastic straws last week and we also heard from the hayet hotel and courtyard. they would stop using them by the end of this year. how many straws is that add up to four mariott. 1 billion plastic straws and 250 million sticks are as you get with coffee and tea. it is another big blow to the plastic straw industry. mariott they will phase out by july straw industry. mariott they will phase out byjuly 2019. at some 6000 properties around the world. that comes on the back of other companies saying they will reduce their use or even phase out the use of plastic
1:36 am
straws. starbucks did that a few weeks ago. mcdonald's in ireland will also phase them out and some airlines are doing the same. it comes airlines are doing the same. it co m es after airlines are doing the same. it comes after companies have faced increasing pressure from environmental activists, from the public to become more aware of plastic‘s inability to deteriorate. and wild animals being wrapped up in it. we think companies adapt to shifts in public perception. as we told you on a we finally heard from the boys who have been rescued from the boys who have been rescued from the thai cave but one company which is being caught in somewhat of a scandal over this is kessler. the company boss elon musk has apologised to a british diver after calling him a paedophile on twitter.
1:37 am
the company shares fell sharply after the diver said he may sue mr mosque. how much damage has been done? —— elon musk. mosque. how much damage has been done? -- elon musk. consumers are weighing upa done? -- elon musk. consumers are weighing up a lot of factors when buying a car or servers, notjust the opinions of the founder by what is interesting about this is the implication and the ripple effect from the celebrity ceo. someone like elon musk makes an uptrend is all behaves like that, the knock—on can behaves like that, the knock—on can be incredible and impact thousands and thousands of people that have spent a lot of time building a business around them. an off—the—cuff remark can impact and damaged that to such an extent which is quite phenomenal. you said that it shows resilience but kessler shares fell sharply. it is not like investors could pressure the company
1:38 am
to fire elon musk given he is the founder. when the celebrity ceo does well, the positive effect of the awareness of the brand, it is fantastic, but when it goes wrong, it can have a really damaging effect. think about sepp blatter around fifa, tony howard at bp, the deep waters spill. sometimes these things can have a long and impactful damage on the brand but when it goes well it can go really well. bill gates, richard branson, they are great ambassadors for their brand. it all comes with having particular, opinionated photogenic ceos. let's ta ke opinionated photogenic ceos. let's take you to farnborough air show where all the headlines have been
1:39 am
about big deals for big planes but, behind the scenes, a great deal of other business is being done as well in one sector which is a track a lot of attention is on the market for executive jets. we have of attention is on the market for executivejets. we have been finding out how those vips choose to travel. most of us and we travel abroad on business tend to travel in one of these but what if you are a go getting chief executive for whom time is money? well, maybe, you would be better off with one of this. come on board. this is the g 500, an executive jet operated by qatar and it is all state—of—the—art, computer screens, navigation systems, nicely finished as well, this is labour and that is brushed nickel. the passenger
1:40 am
accommodation, through the kitchen. there is even an espresso makers seek and have good copy on board your flight. plenty of space. these aircraft is designed to carry eight people up to 5000 miles or more people up to 5000 miles or more people the shorter distance is seek and take your executive team from new york to los angeles and even hold a meeting on the way. but even your top executive needs rest and recuperation so back here we have so far, we have this lovely beach at —— couch. am going to sit back and watch the in—flight movie and i will see you in los angeles. thank you very much. cheers. enjoying his executive jet. 0ther very much. cheers. enjoying his executive jet. other business very much. cheers. enjoying his executivejet. other business news: we heard the latest trend figure from japan and exports rising by just under 7% in june from japan and exports rising by just under 7% injune from a year ago any demonstrate a pickup in global demand at the rise was
1:41 am
slightly less than what economists had expected. imports of also grew to 0.5% injune and speaking of japanese exporters, the weakness in the japanese yen, which of course means a stronger us dollar, is really helping the japan nikkei market which has just opened. this is how markets are trading at the moment. wall street also had a really good session after strong corporate earnings. thank you for watching. this is bbc news the top stories this hour: twelve boys and their coach have described their rescue from a thai cave as a miracle and paid tribute to saman kunan, the thai diver who died while helping to bring them out safely. after previous denials, donald trump says vladimir putin is responsible for russian meddling in the us election.
1:42 am
the leader of the neo—nazi group, national action, has been sentenced to 8 years in prison for keeping the group going, after it was banned as a terrorist organisation in 2016. our home affairs correspondent daniel sandford reports from the old bailey. when the time comes, they'll be in the chambers. jack renshaw, the neo—nazi who plotted to kill his mp, speaking in blackpool in 2016. you can call me a nazi, you can call me fascist, that is what i am. well done! so am i! he was a member of national action, which was banned last year as a terrorist organisation after celebrating the killing of the labour mpjo cox. but some of its members went underground, doing fight training at this improvised gym and meeting most weeks at this pub in warrington, where lastjuly, jack renshaw made an announcement. sitting here at this table that night, jack renshaw told his fellow neo—nazis that he planned to kill his local mp, rosie cooper, and a female detective who had been investigating him
1:43 am
for grooming boys for sex. he said he wanted to kill them in the name of what they called "white jihad". his plot was thwarted because one man inside the group that evening, robbie mullen, was leaking information to the antiracism charity, hope not hate. renshaw‘s weapon, a sword, was later found by detectives. in the commons today, the effect on his planned victim was clear. may i, on a personal note, thank the prime minister, thank the leader of the opposition and every single member of this house for the kindness they have shown me. iam i am delighted to be in my place to ask the prime minister. the jury could not decide if renshaw had remained a member of national action at the time of his plot, but the group's leader, chris lythgoe, and matthew hankinson, who both knew about renshaw‘s plan, were jailed today for belonging to a banned organisation.
1:44 am
both knew about his plan. the two men who started national action and set out the violent nazi ideology that renshaw embraced, were alex davies and ben raymond. they were not on trial, but we tracked ben raymond down to a bedsit in swansea. ben raymond. daniel sandford from the bbc. bleep. you set off irresponsibly this neo—nazi organisation. bleep. you irresponsibly set up a neo—nazi organisation. do you deny all responsibility for that? bleep. daniel sandford, bbc news. much more on our website and you can get in touch with us on social media. now on bbc news, sport today. hello, this is sport today, live from the bbc sport centre. coming up on this programme: the open championship tees off at carnoustie in scotland in the coming hours,
1:45 am
and jordan spieth heads out as defending champion. britain's geraint thomas is the new overall leader at the tour de france, after an impressive victory on wednesday's11th stage. and is this the world's most expensive goalkeeper? brazil's alisson moves closer to a record—breaking transfer to liverpool. hello and welcome to the programme, where we are nowjust hours away from the year's third golf major of the year, the open championship at carnoustie in scotland. americans hold all four major titles at present, and jordan spieth is the defending 0pen champion. but what odds of a return to grand slam success for the rest of the world? four years ago rory mcilroy lifted the claret jug, winning by two strokes from rickie fowler and sergio garcia, and the northern irishman will be keen to add to that triumph and the other three majors he has won.

63 Views

info Stream Only

Uploaded by TV Archive on