tv Asia Business Report BBC News October 25, 2019 1:30am-1:45am BST
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of a lorry on wednesday were chinese nationals. officials from the chinese embassy in london have been verifying their identities. the refrigerated trailer where the bodies were found arrived at a port east of london from belgium. the case has triggered the biggest murder investigation in britain for more than a decade. britain's prime minister boris johnson has called on parliament to back an early general election in december which he says will give it more time to debate his brexit deal. and this video is trending on bbc.com. you've heard of the "rat—run" but how about the "rat—drive"? yes, these rats are driving tiny cars. researchers investigating stress levels found rats that drove themselves were less stressed than the back—seat drivers being controlled by the scientists. that's all. stay with bbc news. more on our website on bbc.co.uk/news and the news app.
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now on bbc news live to singapore for asia business report. unhappy holidays for amazon. shares of the online retail giant giant slump as it expect so we can forecast a christmas sales. find start your day, why you could soon be going to work in one of these air taxis. good morning asia, hello world. yes it is a friday, almost the weekend. i'm rico hizon for asia business report. what's start with amazon because the stock price fell in extended us trading. the slide comes as the company forecast
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revenue and profits for the christmas holiday quarter to be below expectations. amazon is facing fierce competition and rising cost from its plan to speed up delivery time globally. the latest from new york. amazon's push to push prime nomadic subscribers has... they send ten boeing dars and posting of the past three months. an extra spending means past three months. an extra spending m ea ns lower past three months. an extra spending means lower profits. compared to last year, amazon's quarterly profits have dropped 25% and that has caused shares to fall after martek —— aftermarket trading. but with high shipping costs, the revenue is increasing and was up to nearly $70 billion last quarter. the company ‘s biggest earner remains the cloud computing business storing data online. it delivered $9 billion in sales. it grew at a slower rate than the previous quarter. also of note, amazon has been on a recent hiring spree. it now employs three
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quarters ofi million people. big numbers for a very big company died at $880 billion. —— big valley for a big copy. twitter share something by more than 20% as profits came in. —— dropping by more than 20%. a quarter of what analysts predicted. the company said product bugs and an unusually low demand of the summer hampered advertising sales. brazil bonsai presidentj hampered advertising sales. brazil bonsai president] or bolsonaro is an asia this week as he tries to tie up an asia this week as he tries to tie up several trade arrangements. he is now in beijing for the first time since taking office last january. china is brazil's largest trading partner with bilateral trade surpassing 100 billion us dollars last year. brazil is a topics were of soybeans which has been good news for the country as the us china trade work continues. it is notjust that culture, beijing is also
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interested in buying ataxia for $1 billion in 2018. earlier i asked alicia garcia herrero whether any trade deal will be tied to huawei being allowed to build brazil ‘s 5g network. i think has already expressed a lot of support for huawei which has been in brazilfor 20 years. what china really wants is axis to the privatisation of large esso ease in brazil. china has already bought many of those. they had spent over ten doing hours which is an amazed —— on a major electricity company in brazil and they want more than that. china wa nts a ccess they want more than that. china wants access to the largest market in latin america with its own fdi, that's what china really wants was not the easiest way for that is for result to be part of the initiative. beyond that of 5g, china wants much more than that in brazil. but how
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important is it for brazil to be pa rt important is it for brazil to be part of china's belt and wrote initiative? what if bolsonaro says "i don't want to be part of the belt and road initiative?" he has been seen and road initiative?" he has been seen for a long time and brazil is one of the founding members of the asian infrastructure investment bank meaning brazil wants to be at the table but i just meaning brazil wants to be at the table but ijust want meaning brazil wants to be at the table but i just want to meaning brazil wants to be at the table but ijust want to be the table but ijust want to be the table as any other central american country which is already part of it. ina way country which is already part of it. in a way brazil and bolsonaro in particular takes great pride in being on equal terms with china and thatis being on equal terms with china and that is what bolsonaro is fighting for. but in a natural terms nobody is coming out for china. and —— no one is beating out china. posner needs that investment to run the country at the current georgia. his reform of the pension system will be an expensive exercise and he needs china's country and investment...
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in the waragainst in the war against plastic, is coca—cola a friend or foe? the a nswer coca—cola a friend or foe? the answer seems of his book coca—cola's chief executive james because he talks to the bbc about what sepsis alters giant is taking to clean up oui’ alters giant is taking to clean up our waiter virk alters giant is taking to clean up ourwaitervirk —— alters giant is taking to clean up our waiter virk —— oceans and rivers, but can they really be environmentally conscious? coke is a growing brand and i think it is going because we have been able to marry the great marketing and love that people have for the brand with the clear statement that we are going to be part of the solution on the crisis that exists. according to a recent global audit, you are found to be the most placid polluting brand with more plastic found in this audit than the next three consumer companies combined starting from the back of the pack. part of the reason people find us is we are the reason people find us is we are the leader. but i think when you look at what the ambition we say
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which is to recover every bottle for eve ryo ne we which is to recover every bottle for everyone we sell by 2030, and that he is 50% of them back in our own bottles which is —— as high—grade plastic which is the height say a plastic which is the height say a plastic use, we have already covered 59% of our bottles and 9% of our bottles back in new bottles. we have some way to go but what we have proven to ourselves is because plastic bottles can create a circular economy, any one you can collect ca n circular economy, any one you can collect can be made into a new bottle, we have driven up collection in developed economies like parts of western europe, we have driven up recovery in places like mexico and south africa and vietnam and we got it from low percentages all the way to 70%. without new innovation, this isa to 70%. without new innovation, this is a solvable problem and solvable ina very is a solvable problem and solvable in a very short space of time. this absolutely can be done. you have committed to recycling and remodeling one bottle for everyone use. will you produce less plastic yourself? no, we are going to produce the boss but we will be
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using our own bottles —— reusing our own bottle so it will be circular. we could find a connection between waste and carbon footprint because one of the dangers of focusing on plastics and saying all plastics are bad and everything else is good is it misses what has economic value and what can be reused at actually pa rt and what can be reused at actually part of the prom with plastics is people are going "what i am allowed to have cancer glass". when you bring the climate crisis into focus as well, we altman as a world need to radically reduce or use of carbon so everyone can enjoy the same living standards as the west ultimately. what we need to do is bring down the costs and glass and ca ns bring down the costs and glass and cans have much higher concentrates of carbon footprints than passive. the sweet spot of the waste crisis and the climate crisis is recycled plastic. get rid of the plastics that will only ever have a single use but drive up the reuse of plastics and it is doable. james quincy of coca—cola. with fight taxis coming to a city near you? a
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german copy this week that developed a electric helicopter drone completed its first man made —— men fight in singapore possible are the first pastors ranger come on board? monica miller takes fight. from a dream to reality. this fight went on for a little over two minutes. it is a test run for singapore's regulators. for volocopter, a test run for singapore's regulators. forvolocopter, it gets the company one step closer to selling their invention in cities like los angeles, dubai, and singapore. it is not going to replace a car in general but it is going to be your transportation mode of choice for particular routes we have extreme time savings. of choice for particular routes we have extreme time savingsm of choice for particular routes we have extreme time savings. it used to be something you would only see m, to be something you would only see in, books or we hope it is not going to be exciting at all. we hope it will be a centre from transferjust likejumping ina will be a centre from transferjust like jumping in a cab sub at every volocopter needs a helipad. in this case, its partners skype ports built
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a prototype. the porch as a side of singapore is business district. kind ofa singapore is business district. kind of a hybrid between airport and going for a taxi. the first thing you're going to do check in. and even before you get to the porch, they already have your information in place. and once that's completed you will be greeted by one of your pilots who will then take you on your journey. all you pilots who will then take you on yourjourney. all you have to do is... hop on in. puta yourjourney. all you have to do is... hop on in. put a little bit of luggage in here. and then you are on your way. but even with the right technology in place, how tough could it be to win the public‘s trust and confidence? i would like to try anything once but i don't know how safe it would be, i would have to have a go. the first thought is i would not have a chance of getting in there. it doesn't look safe at all but may be able get better in time. volocopter plans to launch its airtaxi
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time. volocopter plans to launch its air taxi service by 2022. it is competing with more than 100 companies already developing similar aircraft. it is all down to various regulators to decide not if but when this new mode of transportation becomes part of everyday life. monica miller, bbc news, singapore. monica miller, bbc news, singapore. monica miller, bbc news, singapore. monica miller there. let's look at the markets. and asia—pacific stocks are currently open for trade. marginally higher by of a percent and up by three fifths of 1% for sub thanks for investing your time with us. iam rico thanks for investing your time with us. i am rico hizon. thanks for investing your time with us. iam rico hizon. sports thanks for investing your time with us. i am rico hizon. sports today is coming up next. this is bbc news. the top stories this hour. british police say the 39 people found dead in the back of a lorry in england were chinese nationals. britain's prime minister boris johnson calls on parliament to back an early general election in december to give it more time to debate his brexit deal.
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humberside police have charged a 25—year—old man with the rape and murder of a student from hull university. libby squire, who was 21, disappeared in february after a night out in the city. her body was found in the humber estuary seven weeks later. pawel relovitch will appear before magistrates next week. a life—extending drug for cystic fibrosis will now be available on the nhs in england after a deal was reached with the pharmaceutical company that makes it. the drug improves lung function, reduces breathing difficulties and can be given to children as young as two. it should be available within a month as our health editor hugh pym now reports. a life—extending drug for cystic fibrosis will now be available on the nhs in england after a deal was reached for liz and shane, this was a day they feared would never come, the day when the nhs in england agreed to fund a drug for their
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daughter annabel‘s cystic fibrosis. thank you. it's not completely sunk in. it's just such a relief. it's just amazing. just, yeah, been dreaming about this day for four years. and we finally have it out there now on paper. cystic fibrosis is a debilitating condition affecting the lungs, which can fill with fluid. the drug 0rkambi is said to improve lung function by a0%, but it can cost up to £100,000 a year per patient. though the new deal is understood to be at a lower price. about 5000 patients are likely to benefit. what do we want? 0rkambi! liz and other families protested at westminster, calling for access to the drug, but talks between the manufacturer and nhs leaders and ministers stalled. the scottish government reached a deal last month. now it has been agreed that 0rkambi and two other cystic fibrosis drugs can be provided in england. this is a great deal, firstly because it means the nhs has access to these life—changing drugs at a fair price for the taxpayer and secondly because the manufacturer, vertex, is now fully engaged
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with the processes to assess these drugs and future drugs they have in development. these are just some of the daily treatments which annabel needs right now. liz says the new drug will make a big difference. for us, having more certainty, that safer future, that's just what it's about. as parents we just want our daughter have the best chance in her life. while annabel and other patients will get access, formal assessment by nice will not happen for two years. they will weigh up the benefits. hello, i'm gavin ramjaun — and this is sport today, live from the bbc sport centre. coming up on this programme... new zealand and england both ring the changes — ahead of their seismic semifinal at the rugby world cup. arsenal twice come behind to maintain their perfect start
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to the europa league. and wawrinka beat tiafoe, at the swiss indoors — but injury forces him to pull out of an all—swiss showdown with roger federer. hello and welcome to the programme. the build—up to the rugby world cup semi—finals is gathering pace. england and new zealand have now named their line—ups for saturday's first semifinal in yokohama. both teams have made changes from last week's victories against australia and ireland. for england, it's their biggest game since losing the world cup final 12 years ago. 2007 was also the year that new zealand were last beaten in the world cup as they continue their bid to win the trophy three times in a row. from japan, our sports correspondent andy swiss reports. the big headline in new zealand puzzling team selection is that scott barrett has been selected in
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