tv Business Briefing BBC News March 7, 2019 5:30am-5:46am GMT
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this is the business briefing. i'm sally bundock. let's talk you through the business headlines. huawei fights back and sues the us government. it says there is no evidence to support us restrictions on its products. the us government has long branded huawei a threat. it has hacked out service. —— our service. "we care about your privacy" — that's the message from mark zuckerberg who says facebook will now be focused around privacy. and financial markets in asia follow the declines on wall street as concerns resurface about global economic growth.
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let's talk some more about china's huawei. the global pioneer in sg telecoms equipment is suing the united states for blocking american federal agencies from using its products. huawei says washington is acting as "judge, jury and executioner." the lawsuit challenges a section of a us defence bill, which prohibits federal agencies from using telecom equipment made by huawei and another chinese tech firm, zte. it comes as western nations grow increasingly concerned about a spying risk related to the widespread adoption of the company's technology
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in next—generation sg networks. two of america's ‘five eyes' intelligence—sharing allies — that's australia and new zealand — have also restricted its access to their markets citing security concerns. the others, canada and the uk, are considering similar moves. huawei's announcement comes as its chief financial officer meng wa nzhou faces extradition to the us following her arrest in canada. the usjustice department has charged huawei and ms meng with trying to evade us sanctions against iran. how significant is this suit, and what's the strategy behind it? let's go live to asia business hub. just give us a bit more detail and talk through the press conference earlier. i think this is very much huawei saying to the world and in particular to the united states of course, show us what you have got because we are ready for you. it was
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a very aggressive, offensive press conference. my filing this lawsuit, what huawei is trying to do with regards to what it wants from the united states is that during the legal discovery process, they want the us to provide that smoking gun so the us to provide that smoking gun so to speak, that evidence of spying that it had based all of these allegations about huawei and the suspicions abound it. the eirene on this is that huawei is using american law to democratically file a challenge taste in the us constitution, something that frankly critics would say they would never be able to do back in china because of the way the chinese judicial system is structured. but it is very much part of the offensive strategy that huawei has been taking recently from when i spoke to the founder last month when he told me that the us cannot crush huawei because of its move to now this loss. huawei's
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position has consistently been that what the us are doing is keeping it out of the us market as unconstitutional and they are actually doing it to service not just to the company but also to us customers. have a listen to what the rotating chairman had to say about this. congress acted unconstitutionally as judge, jury and executioner. other countries are at resisting the us government's campaign against huawei. huawei are prepared to take this legal action asa prepared to take this legal action as a proper at and last resort. let's talk about the us reaction to all of this given the fact that the chief financial officer and founder's daughter is facing extradition to the us right now. yes, the us hasn't responded to this lawsuit just as yet, yes, the us hasn't responded to this lawsuitjust as yet, but remember, this comes against a backdrop of a
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very big lawsuit or two indictments in fact that the us has charged multiple charges against huawei and meng wanzhou, and what the us is saying in those lawsuit and in those charges is that basically, huawei is a company that cannot be trusted. it points not just of a company that cannot be trusted. it points notjust of the allegations of spying, but also to meng wanzhou's case where they have charged her with breaking sanctions, us sanctions on iran, and what the us‘s position on this is it said huawei has systematically broken us laws, not just with huawei has systematically broken us laws, notjust with regards to the run violations, but also because of allegations of trade which the united states this has gone on for yea rs, united states this has gone on for years, and a lot of put together is the position that the us is putting forward , the position that the us is putting forward, saying that this points to the fact that in some shape or another, this company has strong links or connections to the chinese communist party and is a company
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that cannot be trusted. of course huawei has consistently denied this. but in reality, it is a very hard argument for quite late to make simply because of the way the chinese system and how heavily influential the chinese communist party is within chinese companies. thank you very much indeed, the very latest on that story which is our top story in business and on the bbc news at as well. let's now talk about facebook. it is to become a privacy focused network. a new direction for the tech giant announced by mark zuckerberg. this was ina announced by mark zuckerberg. this was in a 3000 word blog post that he said all soppy had conversations with small groups of people that would be the firm's priority in the future, and those conversations would be encrypted, meaning facebook itself will be unable to see them. zoe kleinman has the details. it isa it is a surprising move for the social network that once had ambitions to connect the world. mark
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zuckerberg said he now recognises people want to talk amongst themselves and be confident that their communications will not only remain private, but also not come back to want their maker ron. he set out a future in which facebook may not routinely keep individual data for long unless it uses request it, and we also said he wanted all messaging to be encrypted. that would be popular with authorities to think social media data should be accessible to security services and law enforcement. and to end —— ins to end encryption means only that end is —— receded and tenders will be able to see it. it is a bold move freight giant which has made billions out of date and mining. not having access would put facebook one step ahead of future regulation. facebook owns instagram and whatsapp and has only said it plans to integrate the messaging between those platforms, so you will be able to whatsapp someone even if you are only connected on facebook. do tell us only connected on facebook. do tell us what you think about that story and the huawei story.
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now, let's brief you on some other business stories. a deal confirmed between the uk government and the wind industry will ensure 30% of electricity comes from offshore wind by 2030. the move will help the uk towards an aim of securing almost all its power from low—carbon sources by 2030. it is the latest in a series of agreements with sectors of the economy that are likely to create jobs. all this week, we have been looking at the road ahead for the global car industry. one trend is clear — the move away from petrol and diesel engines to electric. at the geneva motor show, theo leggett asked volkswagen's ceo, herbert diess, how he hopes to persuade the public to buy electric cars. the market segment is growing, it is nearly double in china last year. china is the market we are really big in market in china. we also are regaining scale in china for being
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very competitive worldwide. this gives us let's say a boost, acceleration, and what our anticipation towards 2020 is that the cars will become much more attractive, and for many potential customers, it would be very hard to decide against an electric power. the running costs is probably half that of a normal car, acceleration is just fantastic. it is really smooth so you have big interiors, it is an exciting looking car. it will be very difficult to decide against an electric car if you are not driving 500 kilometres a day or 30,000 kilometres a year. not because steel at diesel gasoline car would still do right option. because steel at diesel gasoline car would still do right optionm because steel at diesel gasoline car would still do right option. it is ongoing, still a headache for you, but a couple of weeks ago a german court struck down a large part of your reasoning commentating
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customers in europe. how worrying is that for you? we are not yet through diesel, and it will probably take yea rs diesel, and it will probably take years because diesel, and it will probably take yea rs because we diesel, and it will probably take years because we have so many legal claims worldwide which we had to cover. it is a burden for rough. it isa cover. it is a burden for rough. it is a disadvantage compared to our competitors. we still had to dedicate huge amount of resources into recovering from diesel. we lost a lot of trust and confidence of our customers, and you can imagine, in many markets. that was the chief executive vw. the asian markets following the lead. they have lost ground for the third day in a row. a to date out worrying investors about the outlook for the global economy. we unpack a bit about the news briefing in a moment, including the latest trade
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deficit numbers from the us. see you ina deficit numbers from the us. see you in a moment. let's talk about the nhs. public satisfaction with the nhs is at its lowest point in more than a decade despite the government's announcement of a funding boost. that's according to a new survey of almost 3,000 people that was carried out between july and october. research found that waiting times, staffing levels and funding were the main causes for concern. here's our health correspondent dominic hughes. satisfaction levels with the nhs have varied over the years, but the latest survey of public attitudes in england, scotland and wales showing
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growing concern over the state of the health service. in 2010 the annual survey revealed overall record levels of satisfaction are a high, 70%. last year that figure fell to its lowest point since 2007, just 53%. with waiting times, the number of staff and a lack of funding being the main is behind the satisfaction. people who have recently used this service are much more satisfied, so i think a big issueis more satisfied, so i think a big issue is access to care, getting those appointments, getting in to see a those appointments, getting in to seea gp those appointments, getting in to see a gp for example, and those appointments, getting in to see a gpfor example, and i those appointments, getting in to see a gp for example, and i think a lot of us have struggled with getting a gp appointment and had three had an effect on satisfaction. being free, the quality of care and the range of services are the main reasons people were happy with the nhs, but patients recognise the difficulties the health service faces. there will be particular concern at almost a quarter of respondents were unsatisfied with gp
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services, but it seems the direct personal experience of the nhs, for example as a hospital inpatients, gave people a more positive view of the health service. coming up at 6:00 on breakfast, charlie stayt and naga munchetty will have all the day's news, business and sport. this is the briefing from bbc news. the latest headlines: the chinese telecoms giant huawei is suing the american government because federal agencies have been barred from using its products. republican senator martha mcsally has said that she was raped by a superior officer while serving in the us military. we care about your privacy — that's the message from
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mark zuckerberg who says facebook will now be focused around privacy. now it's time to look at the stories that are making the headlines in the media across the world. we begin with the i. it's among many of today's newspapers leading with the clash between home secretary, sajid javid and the prime minister. he is siding with police in their call for an emergency grant to fight knife crime. let's move on to the ft. the us trade gap with the rest of the world jumped to a 10—year high of six hundred and twenty one —— $21 billion last year, dealing a blow to president donald trump's reduction plan. now the business insider. it is reporting on mark zuckerberg's plan to make facebook ‘privacy—focused'. he believes secure, private
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messaging services will become more popular than open platforms. the daily telegrpah and the rose review, which is a document that highlights the funding gap faced by female entrepreneurs. and finally, the times, which has a very interesting story about the bbc testing new technology to help us decide what to watch on cat—chup tv, when we're faced with a wealth of programmes and can't make a decision! so let's begin. with me is priya lakhani, founder and ceo of century tech — a uk—based education technology platform. let's get stuck in. so we started with this story that is dominating this week, and for good reason in the uk, the terrible wave of knife crime it's been going on
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