Skip to main content

tv   Asia Business Report  BBC News  February 7, 2020 1:30am-1:45am GMT

1:30 am
lam i am nuala mcgovern with bbc news. our top story. it has been confirmed that the chinese doctor who first reported the coronavirus outbreak has died in hospital did li wenliang sent out a warning to other dock is working in wuhan at the end of december but was told by police to stop making false claims. president trump has confirmed that us forces have killed the leader of al qaeda in the arabian peninsula. qassim al—rimi who has led jihad as group since 2015 was killed in a us operation in yemen. this video is trending on bbc .com. it shows christina returning to earth after spending more consecutive days in orbit than any other woman. her trip to the iss lasted over 300 days. these are your headlines on bbc news.
1:31 am
now you can get more on these stories on our website. 0r now you can get more on these stories on our website. or you can download the bbc news app. coming up now, asia business report. shutting down the supply chain as the coronavirus keeps china closed for business. will the industry start to feel the pinch? and uber hails its latest numbers as its customer base grows begetting that extra's nose has been driving up costs and losses. thank you forjoining us on asia business report. fear priceless as the impact of the coronavirus epidemic could hold production as one of at one of its european car factories. delays in shipments from
1:32 am
china to japan factories. delays in shipments from china tojapan are factories. delays in shipments from china to japan are now unavoidable as revealed by nintendo. and when results revealed today is that the closure of the casino those in macau has cost them 2.5 million us dollars a day and that damage is, for the most part, not due to the virus itself so much as efforts from to prevent it from spreading. the city of shanghai has 2a million people and is normally a bustling hub. is oui’ and is normally a bustling hub. is our correspondent reports, things are unusually quiet right now full. this is my journey are unusually quiet right now full. this is myjourney to work this morning and it has been like this every day. this metro is empty. i'm used to several million journeys a day but no—one is here. i have my mask on my gloves on and when people do trickle back to work, the government were worried about this sort of environment because in close quarters like this there is a heightened threat of the virus spreading. this is a metro station, one of the busiest intersections.
1:33 am
but all the shops are shot and there is no—one here. it has been like this all week. it is not grateful big business that it is truly difficult for small businesses they try to cope. it is not a ghost town here, there are a handful of people around and a few cars and a few shops open. you can get food and essential stuff at pharmacies but most business is closed. the people who are out do not have anything to go to. there is certainly no work. usually it is a battle to get across this road but right now it is placid and quiet. this is the beginning of the lunchtime rush in shanghai and for the moment there are these guys, food delivery guys getting out and about. they have been doing business well for a few weeks and they have a protocol about not touching customers when they handed over. i
1:34 am
am getting my temperature checked again. this happens daily. speaking chinese that was robin in shanghai. with millions under lockdown, let's look at how technology might help those who are at home. we have been taking a look and marikojoins me 110w taking a look and marikojoins me now with the details. people at home 110w now with the details. people at home now can even chat with a personal doctor. that is right. unsurprisingly, many people are concerned. so when companies like buy do and alibaba launched a medical consultation platform on the first day of the launch, alibaba online received 3000 phone calls and hours so you can online received 3000 phone calls and hours so you can see online received 3000 phone calls and hours so you can see how many people, especially in hubei province are concerned. the next worry is how to get food when everything is shut.
1:35 am
for example, yum brand have closed 30% of their stores across china. but they are offering contactless food delivery meaning they leave meals at a designated area for customers to pick up so their drivers can protect themselves as well. if you are a parent, how do you entertain and educate your children while school is shut? 50 primary and secondary schools in hubei have now joined primary and secondary schools in hubei have nowjoined a programme of online classes. movies are usually very popular during the lunar new year holiday but this year almost all the 11,000 cinemas are shot so companies have started premiering a film on their own media streaming apps. film on their own media streaming apps, skipping cinemas altogether. do not forget online gaming. tense
1:36 am
and's blockbuster mobile game has made nearly $300 million in one day on the eve of the holiday and some of the games became so popular they nearly crashed the servers. a lot of technology is trying to help those stuck at home. playing a big part amid this ongoing lockdown. thank you forjoining us. let's have a look now at uber and it has just released its latest set of results. the customer that make company saw customers flock to its operations but the extra business was not enough to stop loss growing to more than $1 billion. we have the details from new york. there are two big headlines from these earnings. the first is that in this last water company first is that in this last water co m pa ny lost first is that in this last water company lost less first is that in this last water com pa ny lost less money first is that in this last water company lost less money than a nalysts company lost less money than analysts were expecting. the second ta keaway analysts were expecting. the second takeaway is that you look at the entire year of 2019, uber lost 8.5 billion dollars also remember, this
1:37 am
isa billion dollars also remember, this is a company that has said it will not make a profit until 2021. by far the biggest moneymaker for uber is its right hailing service and in the last three months of last year the company saw an 18% increase in ridership. theirfood delivery service has also been gaining popularity with a 71% increase in users. weighing on the company however our regulatory battles in london and in california. uber lost its license to operate in london, a decision it is appealing. and a new californian law means uber drivers are now considered employees and not contract workers. india's prime minister is making a push for his country to produce more defence product, saying he wants to double exports in the sector over the next five years. india was the world tops arms importer at one point.
1:38 am
the launch of a five—day defence expo. prime minister modi welcomes companies from across the world with one message. invest in india and make in india. translation: there is if men's potential for defence manufacturing in india. there is demand, democracy and decisiveness. the digital transformation of india's defence was also an underlying theme with artificial intelligence based on technology on prominent display. both foreign and indian companies were pitching their military hardware and software. but one defence partnership stood out. this is an f 18 super hornet currently on offer. boeing hopes india will choose this over its competitors at a time when india is out shopping for over 100 fighter jets and a budget of about $18
1:39 am
billion. this is also a time when boeing has made it clear that india is one of its top markets. currently in india we have 200 supply chain partners and we spent a hundred billion dollars a year. we expect to grow that and that we will continue to have tremendous development of technology and products from india that are notjust technology and products from india that are not just for india technology and products from india that are notjust for india but technology and products from india that are not just for india but also for the world. the defence expo is also about showcasing india's indigenous capabilities. that it is a hex port hub as well. it wants to increase exports to $5 billion by 2024. by increase exports to $5 billion by 202a. by doing this, wanting to position itself as an all—round military heavyweight in the region. experts have warned that modernisation of the military as the distant dream with the funds allocated in the recent budget stop india is in the grips of an economic slowdown and has a great deal of pressure on finances. delhi desperately needs manufacturing and
1:40 am
investment to take off. the man in charge of clearing the 737 max to fly again has said he will not give his approval until he has flown the aircraft himself with his wife and children on board. steve dickson, the head of the faa said he would not set a timeframe for allowing the plane back in the air. twitter showed its biggest quarterly user growth ever fanning a lion at stock price. stop jump to 1596 lion at stock price. stop jump to 15% bringing its market to almost $30 billion. it also reported fourth—quarter revenue of over1 billion us, beating expectations. a quick look now at the markets, starting with the asia—pacific market and the japanese market has some profit—taking due to major gains during the week it is now down by o.2%. gains during the week it is now down by 0.2%. the all ordinaries is up by 0.4% in the hong kong marketjust
1:41 am
open for trading and is lower by 0.5 sent despite wall street stock finishing at fresh record highs overnight shrugging off worries about the coronavirus outbreak and applauding china's move to cut ta riffs applauding china's move to cut tariffs on us goods. the dow was up by o.3%. tariffs on us goods. the dow was up by 0.3%. the sap tariffs on us goods. the dow was up by 0.3%. the s&p 500 gained 0.3%. the biggest winner overnight was the nasdaq, in positive territory by 0.7%. thank you for investing time with us. spot today is coming up next. —— sport today is coming up next. —— sport today is coming up next. this is bbc news. the top stories this hour. li wenliang, the doctor who first reported coronavirus has died from the disease. donald trump confirms
1:42 am
us forces have killed qassim al—rimi, the leader of al qaeda in the arabian peninsula. young children were among 90 people rescued on thursday from near freezing conditions in the english channel. they made a journey from france to the uk on eight small boats and it is believed to be the largest number of migrants intercepted in a single day in the channel. alcoholic reports. rescued —— our correspondent reports. many migrants were returned to dover on board this borderforced cutter alongside a flimsy dinky used across one of the world's busiest shipping lanes. eight small boats we re shipping lanes. eight small boats were used, launched from french beachesin were used, launched from french beaches in the dark. these boat are scattered once they set off and when you find them you need to safely tra nsfer you find them you need to safely transfer the people on board onto the rescue craft and that takes time. so it is a complicated issue, once you have so many boats scattered over such a large area. an abandoned dinky full of life jacket
1:43 am
ona abandoned dinky full of life jacket on a dover beach. this is one of two boats that made it all the way across. filmed by a passerby, these migrants who made the journey detained by police after reaching uk shores. the migrant arrivals started early in the morning. it is understood the number of women and young children were among those making the journey here. young children were among those making the journey herelj young children were among those making the journey here. i would really like us to look at having an agreement with the french where wherever someone was agreement with the french where wherever someone was picked up in the english channel they would be taken back to france and that way with traffickers and migrants alike will know that this is not into britain. despite the doubling of patrols along the french coast and a fleet of border force vessels out to sea, these small boats continue to succeed to get across the channel. the national crime agency see the criminal gangs involved appear to be co—ordinating the multiple boat launches in what is described as a surge tactic to try and beat the beefed up security. in dover, teams
1:44 am
of officials process the new arrivals. a flow of desperate people the authorities are struggling to quell. the grenfell tower enquiry is asking the government most senior lawyer to promise that no—one giving evidence should be prosecuted on the basis of what they say. request comes basis of what they say. request co m es after basis of what they say. request comes after corporate witnesses threatened to stay silent without such an agreement. don't forget you can get in touch with us on twitter and instagram but next we have sport today. hello there. this is sport today, live from the bbc sport centre. coming up on this programme... a new olympic task force and a call for calm as coronavirus threatens to
1:45 am
cause havoc with the sporting calendar. a shock as real madrid are knocked out with help from one of the online players. and the fed cup qualifiers get under way on friday with japan led by naomi osaka. as they look to our five—time winners spain. hello there and welcome to the programme where we start with the coronavirus outbreak and impact it is having on preparations for some of the co's biggest sporting events. organisers of the tokyo olympics and paralympic games continue to monitor the spread of the virus is edges closer and closer to japan. while this year by the chinese grand prix is also under threat. we have the latest. half—an—hour‘s drive from the tokyo big stadium, a cruise ship in quarantine. at least 20 passengers on board have tested positive coronavirus, a reminder of the potential threat the outbreak poses to the zio's games. further

55 Views

info Stream Only

Uploaded by TV Archive on