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tv   Asia Business Report  BBC News  September 28, 2023 12:30am-12:46am BST

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after a sitting president, 3 presidential hopeful. donald trump set to visit auto workers in michigan a day after president joe biden�*s visit. golden week is just around the corner. will one of china's major holidays give its economy a much needed boost? hello and welcome to asia business report. i'm arunoday mukharji. we begin in michigan where in a few hours the former president donald trump is expected to speak, as an auto?workers�* strike continues to target some of the country's largest car manufacturers. unlike presidentjoe biden who visited michigan yesterday, trump will not be joining the picket line and will instead visit at a non?union auto manufacturer. one of the main issues at the heart of this labour dispute which has triggered these high profile visits is the transition to electric vehicles.
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workers are determined these new green jobs won't be worse jobs, as the bbc�*s north america business correspondent michelle fleury found out when she visited lordstown, ohio. stretching across 64 acres. altium sells a battery factory in lordstown, ohio, is far from the picket line. but this site, a partnership between car maker general motors and korean battery supplier lg, is at the forefront of the united auto workers fight to protect workers through the move to electric cars. connie ziegler is a maintenance technician here at the only american battery plant to be represented by a union. seeing those machines move and make a cell. i was like a kid in a candy store. i was so excited. she loves herjob, but says she's had to fight for pay and benefits. battery plant workers earn a fraction of what traditional auto workers make.
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we want that job security. we want that, the fair, fair wages. $16 an hour is not fair. $18 an hour was not fair. you know, and we want the safety. safety was not there. frustrated, she and her colleagues voted to unionise last year, recently winning a pay increase. in michigan, president biden, whose policies are accelerating the switch to electric vehicles, told striking autoworkers to keep fighting. we built the middle class. what do you make of president biden, who is pushing clean energy policies and who says it will create good paying, good unionjobs? that's more... we can always hope. battery powered cars have fewer parts. so the big fear is it could require 20 to 30% less
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labour to produce than traditional cars. a lot of the traditional parts, | plants that build components and systems for - internal combustion engines, transmissions, a lot of those jobs are going to go| away over the next decade with the transition to evs.| and that means - a potential loss of union membership for the uaw. what happens here in lordstown could set the standards for america's battery powered car industry. for workers, it's about job security. for the car companies, it's about staying competitive. so this corner of ohio, which has a long history with the car industry, could help write its future. michelle fleury, bbc news, lordstown, ohio. it's notjust us auto?workers in michigan or screenwriters in hollywood that aren't pleased with the deal they are getting from their employers right now. hotel and casino workers in las vegas could soon go on strike too. our north america business correspondent 7 erin delmore has the latest. a new show of organised labor�*s power is centred not in detroit
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or hollywood, but in las vegas. 95% of unionised hotel and casino workers there have voted to authorise a strike that puts members of the culinary workers union one step closer to a walk—out. the union is the largest in the state, with 60,000 hospitality workers in its ranks. two thirds of those members are on recently expired contracts. they're seeking better pay, benefits and working conditions, particularly after the pandemic drove many workers out of the city, resulting in staff shortages. they're in negotiations with some of the las vegas strip�*s biggest casino operators, including mgm resorts, international, caesars entertainment and wynn resorts. hotels and casinos are the economic engine that drives nevada's biggest city. a potential strike could impact more than three dozen of them. the culinary workers union hasn't actually engaged in a strike in more than 30 years, but the last time it threatened to.
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in 2018, it was able to reach a contract agreement for its 25,000 affected workers before any walk—outs took place. let's focus now on oil prices which have surged to new highs this year. brent crude is up 2.9% at $96. with benchmark crude now hovering in the mid?90 dollars per barrel. industry watchers are pretty certain 100?dollar oil is around the corner. with demand likely to remain strong heading into november and december. as oil prices keep heading north, and the us dollar remains on the uptick, that is going to take a toll on asian importers and economies. we were talking to mukesh sahdev, a consultant with expertise in the energy markets. the current environment is clearly reflective, preemptive clearly reflective, preem ptive
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strategy clearly reflective, preemptive strategy precautionary strategies that demand concerns which keep on coming quite often, do not lead to a surplus in the market and heard the price. so as a precautionary strategy and these cuts have been ruled, i believe probably next year as well, probably the early part of it. i believe prices will stay in the same range. prices will stay in the same ran . e. prices will stay in the same rame, , , prices will stay in the same ranue. , _, range. the possibility of it touching _ range. the possibility of it touching the _ range. the possibility of it touching the hundred - range. the possibility of it | touching the hundred dollar mark is around the corner, what does that mean for asian companies importing oil? the 600 probably _ companies importing oil? tue: 600 probably is companies importing oil? tte: 600 probably is not really big thing to say or talk about, but certainly i think the strength in the us dollar, hurts importing countries but when it comes november, december, probably see some hurt, but for september, october, any spot coverage will not be there.
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now let's turn to china because october is just around the corner and that's when one of the major holidays in the country, known as golden week, is set to begin. pre?covid, that's been one of the major travelling seasons for domestic and international destinations. this year, it looks like a very different picture. and a slowing economy is just one of the many reasons. let's find out more from ellis taylor, from aviation data service company 7 cirium. he said chinese tourists are still wanting to stay closer to home. ., ., still wanting to stay closer to home. . ., , ., , still wanting to stay closer to home. . ., , ., home. the data shows that there haven't been _ home. the data shows that there haven't been a _ home. the data shows that there haven't been a lot _ home. the data shows that there haven't been a lot of _ home. the data shows that there haven't been a lot of flights - haven't been a lot of flights going back into long—haul destinations from china. concentrated on places like south korea, japan. it sort of seems to indicate that chinese people aren't traveling outside, ortheirstaying rather close to home. it's interesting because growing numbers of places in southeast asia there are not as strong as it would be for this time, it sort of shows that the environment is still a little weak. if you look at pre—
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pandemic hotspots and trends, where you noticing? southeast asia is not back to the same sort of levels that you would expect, operationally it's an area which a lot of airlines can swing capacity into. the big black hole is to north america where demand is well down, the number of flights is severely restricted from what it was, it used to be sometime 64 a day and now it's restricted to just over 20 auto a week. a lot of the capacity has gone into the domestic market and so the airlines if anything have been saying that got too many seats in the domestic market, obviously the time for travel is traveling do you think the domestically. geopolitical situations will have impact on travel plans with mark i think it will, we're generally saying the political situation does impact on tourism but from time to time beijing has depends on
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group tourists, this rent destinations, i think that's really kind of holding things back but i really think we have to wonder about the wider economy, some of the issues around unemployment, etc. $1150 around unemployment, etc. also havinu around unemployment, etc. also havin: an around unemployment, etc. i"r having an appointment impact. there's a lot of people who have passports who need to be renewed, visas are taking longer to process, hopefully in the next 6 months will have a better picture of if it's just issues holding this back or the geopolitics are calling — causing an impact. and now to the latest in the artificial intelligence race... openai, the microsoft? backed creator of chatgpt, has confirmed the chatbot can now browse the internet to provide users with current information. the ai?powered system was previously trained only using data up to september 2021. the move means some
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premium users will be able to ask the chatbot questions about current affairs, and access news. openai said the feature would open up to all users soon. and meta has announced a series of new chatbots to be used in its messenger service. the chatbots will have "personality" and specialise in certain subjects, like holidays or cooking advice. it is the latest salvo in an ai chatbot arms race between tech companies desperate to produce more accurate and personalised artificial intelligence. the meta boss, mark zuckerberg, said and that's it for this edition of asia business report. thanks for watching. bbc news — bringing you different stories from across the uk. it all began when his admin job
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in leicester was under threat and he turned to online journalism, launching bellingcat, exposing fake news largely to the embarrassment of russia. fat is made up and we know that it's smartphones it's smartphones which have changed everything combined with tools on the internet. everyone can be a recorder of news vast amounts of information that we really didn't have 20 years ago. and that's allowed us to do investigations on things like chemical weapons attacks in syria, shooting down of aircraft in ukraine, and now the current conflict in ukraine. we're able to take | an image like this, which is from the day before the air strike i and following on the next day. see the damage from the air strike as it's happening. - it's absolutely crucial to have voices who are actually a little bit more optimistic and what can sometimes seem quite a doom laden area of study. really what he's telling is coming good on the potential
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that the internet initially promised. you education is the key in the fight we see people using the internet at younger and younger ages, and if we aren't engaging with them, showing them how to have a positive impact on the discourse, then it'sjust going to lead them down some pretty nasty rabbit holes. for more stories from across the uk, head to the bbc news website. hey, i'm zof with the catch up. more and more people are suffering from poor mental health because of the rising cost of living. that's according to a new report which says there's been a 26% increase in people needing help in the last four years, with almost five million people requesting support last year. experts from more than 30 charities and medical groups say we urgently need a long term strategy to tackle what they call a mental health crisis. the government says it's investing to make mental health services fit for the future. and reminder, you can get more advice from the bbc action line.
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some of the stories now. a 15—year—old girl has been stabbed to death on her way to school in south london. a teenage boy who police think the girl knew was arrested shortly after the incident in croydon. her school said she was a much loved and valued friend and pupil next year. next, news has suspended host dan wootton and laurence fox after mr. fox asked what self—respecting man would climb into bed with female journalist ava evans. she said the comments made herfeel sick. dan wootton has apologised and gb news says it's going to investigate. but laurence fox says he stands by every word of what he said. and the uk's first facility for people to take their own illegal drugs. march being supervised by doctors has been approved in glasgow. the scottish government say i'll help stop people dying from drugs like heroin and cocaine. time now for ten seconds of too soon. london's oxford street is already putting up christmas lights.
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and i don't know about you, but i think that it's way too soon. i'm still clinging on to the summer that we literally didn't have. and you're all caught up now. see you later.
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hello and welcome to sportsday, i'm will perry, here's what's coming up... rory mcilroy says it redemption, not revenge, rory mcilroy says i'st redemption, not revenge, as europe look to regain the ryder cup in rome. newcastle knock manchester city out of the english football league cup. and former head coach of spain's world cup—winning side — is being investigated as part of the criminal case against luis rubiales. welcome along, the clock is ticking down until we see that first tee shot at the ryder cup in rome. it all gets under way in the italian capital on friday morning with europe looking to reclaim the trophy after being demolished by the usa two years ago. our sports news correspondent andy swiss is in italy for us

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