tv Asia Business Report BBC News October 5, 2023 12:30am-12:46am BST
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. let's begin in new york with the trial of crypto giant is under way. the trial of crypto giant is underway. prosecutors the trial of crypto giant is under way. prosecutors made their opening statements to jurors and was expected to be a six week long trial and error and reports. the prosecution and reports. the prosecution and defence offer the newly selected jury duel narratives that will have a mistrial, asking them whether or not they are a hapless but well—intentioned ceo over their head conniving crypto king trying to defraud customers for their own game. the trial as a flashpoint in the ongoing battle as to how crypto should be regulated in the united states and with him, once the poster boy for ethical and responsible management of digital markets on trial for fraud and money laundering. at the heart of the case, whether
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he unlawfully used customer deposits from his crypto exchange to cover debts, expenses and investments of his hedge fund and to enrich himself and his inner circle, he has pleaded not guilty. the 13th cricket world cup after this, an event generating big business across sectors and now how the world cup will impact india plus plus economy. —— india's economy. that is not in evidence on big cricket fields and rounds like these, at the world cup in this country, and cities are india will face off against pakistan, people have begun putting hospital beds because there are no hotels available. they have all been sold out. ticket prices shot to
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the roofs three times the usual. in the world cup could be a big bonanza for businesses coming at an opportune time where they become listing the purse strings ahead of the big festive season. all food delivery companies and streaming apps could benefit substantially as millions to an end with their food and drink to watch the match is. some reports suggest that disney, the official media partner has as many as 20 brands for sponsorship deals across online and tv platforms. this is not just the game, notjust religion, but a just the game, notjust religion, buta big just the game, notjust religion, but a big money spender. the tournament kicks off today. a recent study revealed that 1.4 million australians are likely to quit theirjobs next year for a theirjobs next yearfor a number of reasons including
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fatigue as well as rising cost of living. the same study showed a jump of living. the same study showed ajump in of living. the same study showed a jump in insurance and compared to before the pandemic. this was made by insurance provider and they say that there is singular single active engagement in large staff turnover.— staff turnover. charging economic— staff turnover. charging economic pressures - staff turnover. charging economic pressures in i staff turnover. charging i economic pressures in the workforce and researchers in workplace realignment and changing economic pressures and most people are under economic climate and with that is leading to his employer the satisfaction because of the social and family pressures that they are under and imperatives that they're now facing and high expectations of
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employers and mental health support perspective as well as providing that support from a trip and forwar providing that support from a trip and for war perspective. you that the cost of living is playing a part in houses contributing to the disconnect that we are seeing. rising cost of inflation. that we are seeing. rising cost of inflation-— of inflation. and employers previously _ of inflation. and employers previously would _ of inflation. and employers previously would look - of inflation. and employers previously would look at i of inflation. and employers| previously would look at but they would do in the workplace and work practices and no longer restricted to justice happening within the workplace and now considered what is impacted and outside work and outside perspective. and driven by circumstances and the rise in the cost of living and
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through the federation, this means is within the business and improvements in the economic circumstances and also a non—tangible rewards and so, discounts or employee benefits and that can alleviate some of the financial pressures that people are under.— the financial pressures that people are under. social media a . . people are under. social media a- - tech people are under. social media app tech talk — people are under. social media app tech talk has _ people are under. social media app tech talk has suspended i app tech talk has suspended shopping service in indonesia and the company passed legislations to split its features in the country —— tiktok. the rules are aimed at protecting small and medium enterprises including off—line merchants. tiktok said in the statement their work with officials in indonesia. communications regulator is expected to release the findings of big tech cloud
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service. and no choice when it comes to choosing a provider and ofcom says that these hyper scalars of combined market share of 16 to 17%. and aside for security attack caused widescale disruption and delays to the operations. the company has 75 to 35 cents in the first quarter and the 30th of september. and often touted as the technology that could speed up the technology that could speed up the transport of goods, save time, money as well as energy but how close are we to utilising them for everyday tasks. in denmark when energy provider and transport firm are trying deliveries to offshore wind farms and adrian murray headed out into the scene
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between denmark and sweden to watch the first test flight at the top of the turbine. this battery powered drone is headed towards a wind farm with spare parts. taking offer much like a helicopter and can carry kilos up helicopter and can carry kilos up to 100 km at once in the air, the trunk finds its way autonomously and checking its journey on boat and. intelligent path planning and where it is coming from where it should approach the turbine from an empathic one specific paths. from an empathic one specific aths. �* ., , paths. and mounted, it is programmed _ paths. and mounted, it is programmed to _ paths. and mounted, it is programmed to pinpoint i paths. and mounted, it is. programmed to pinpoint the right one. and 20 km offshore, following the drones flight
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path and the turbine where it is about to make its delivery. after detecting the targets in the drum closes and for the drop. bull's—eye. it's the first time this type of drone has been done before. in the repairs saving downtime, fuel and costs. we repairs saving downtime, fuel and costa— repairs saving downtime, fuel and costs. ~ ., ., ., and costs. we want to have them delivered with _ and costs. we want to have them delivered with drones _ and costs. we want to have them delivered with drones on - and costs. we want to have them delivered with drones on a - delivered with drones on a daily basis and we do not need to bring this out and we could say that production several days of production and the turbine standing still. white necked runs of already been used for emergency medical aid and could take on tasks on risky locations.— risky locations. but there still barriers _ risky locations. but there still barriers to _ risky locations. but there | still barriers to overcome. risky locations. but there - still barriers to overcome. we have focused _ still barriers to overcome. we have focused offshore because there's — have focused offshore because there's a — have focused offshore because there's a lot of fused cases and —
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there's a lot of fused cases and it's_ there's a lot of fused cases and it's easier to get flight permits _ and it's easier to get flight permits but offshore oil and ships— permits but offshore oil and ships moving his an extra step for us — ships moving his an extra step for us. if— ships moving his an extra step for us. , ., ~ ships moving his an extra step for us. , . ,, ., for us. it is taking a while to net to for us. it is taking a while to get to where _ for us. it is taking a while to get to where we _ for us. it is taking a while to get to where we are - for us. it is taking a while to get to where we are today i for us. it is taking a while to i get to where we are today why is that? . ., ., , , ., is that? technology is moving ruickl is that? technology is moving quickly and — is that? technology is moving quickly and we _ is that? technology is moving quickly and we are _ is that? technology is moving quickly and we are struggling | quickly and we are struggling to keep — quickly and we are struggling to keep up and now we need more push _ to keep up and now we need more push to— to keep up and now we need more push to keep going. to keep up and now we need more push to keep going-— push to keep going. regular t in: push to keep going. regular trying deliveries _ push to keep going. regular trying deliveries of - push to keep going. regular| trying deliveries of retainage waters could soon be taking flight. in the markets. global stocks were mixed as investors sought to rebound following the prior session's big drop. us stocks have ended higher and the nasdaq gained more than one per cent a day after a sell? off, as the latest economic data showed us private payrolls increased less than expected in september. the 10?year treasury note, which hit a 16?year peak on tuesday, fell following a lackluster us hiring report. in asia, japanese stocks have also been rattled after the yen fell further
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against the dollar. it moved past 150 yen for the first time in the year. japan's top finance officials declined to comment on whether tokyo had intervened in currency markets to support the yen, as they did when the dollar broke past 150 yen in october 2022. the yen has been pressured by the ultra?loose monetary policy of the bank ofjapan, which is trying to engineer sustainable economic growth after years of deflation, in contrast with the interest and that's it for this edition of asia business report. thanks for watching. born 11 years ago, now award—winning and made by hand using all british produce insulin the recyclable jaws and customers using wooden ship forks and not plastic spoons which decided to bring in four years before the government official ban.—
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official ban. solution all be aimin: official ban. solution all be aiming to _ official ban. solution all be aiming to do _ official ban. solution all be aiming to do and _ official ban. solution all be aiming to do and saucing, | official ban. solution all be - aiming to do and saucing, price and bringing in laws like that do not help. and bringing in laws like that do not help-— do not help. government research _ do not help. government research shows - do not help. government research shows that - do not help. government i research shows that billions do not help. government - research shows that billions of pieces of plastic covering like this was used in england alone last year and 720 million plastic plates but only 10% got recycled. and in the planet, hundreds of years break down in the from now on, businesses can no longer supply, sell or offer certain single—use plastic items. certain single-use plastic items. , ., certain single-use plastic items. , ., , ., items. they do support and the route to net — items. they do support and the route to net zero _ items. they do support and the route to net zero and _ items. they do support and the route to net zero and the - route to net zero and the challenge is additional legislation and additional costs without the awareness campaign. costs without the awareness campaign-— costs without the awareness camaiun. ,, ., , �* , campaign. she doesn't believe businesses _ campaign. she doesn't believe businesses should _ campaign. she doesn't believe businesses should be - campaign. she doesn't believe | businesses should be punished but should try to replace plastic.
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tonight, deep fix used in scans after the scandal. confirming the scrapping of the highest bid moment to manchester, speaking at the tray party conference, he pledged to replace every penny across the country. rishi sunak proposed facing out smoking by raising the age limit and gaping products will also be restricted and said flavours, packaging and other things as well. and qualification of a levels in england was unveiled. some of the stories, the uk and ireland are no longer facing any competition in their bid for footballs 2020 tournament.
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after turkey withdrew to focus on joint bid with after turkey withdrew to focus onjoint bid with italy after turkey withdrew to focus on joint bid with italy for the euro 2032. it will come next week. mr beast, the biggest youtube or in presenters has had their images used in deep fake videos to promote scams to unsuspecting people online. and juergen klopp wants his game against spurs to be replayed after a goal was wrongfully decided. time to leave you with ten seconds of ed shearing because after a busy night at portman road, joining top of the championships ipswich and celebration. you all caught up. goodbye for now.
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as we count down to the cricket world cup, could england begin the defence of their title without ben stokes? it has been a night to remember for newcastle united fans. it's been 20 years since they've had a champions league match at st james park. the french champions, paris st germain were the visitors, but they were no match for the magpies who beat them. four one ben croucher was there. many of the fans here leaving stjames's park behind me weren't even born the last time newcastle played in the champions league. it has been 20 years in the making. it has been well worth the wait. paris saint—germain, including kylian mbappe, were simply blown away by newcastle, who led to nil by half time thanks to goals from miguel
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