tv Asia Business Report BBC News November 9, 2023 1:30am-1:46am GMT
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news because the breaking news because the hollywood actors union have reached a tentative agreement with studios to and strikes which have really rocked the entertainment industry. actors, and before them writers as well, demanded higher pay, costing the california economy some $6 billion. it lasted 118 days, but they will officially and at midnight uso. it means hollywood can now officially restart and ramp up production for the first time since may. the act is have also fears about how ai generated versions of themselves will be used without their permission full up without their permission full up we have a lot of stories on our website about the background of what those actors and writers have been demanding, so do check that out as well. and let's stay in the united states, because disney has reported results that beat expectations thanks to strong attendance at its theme bouts, particularly right here in asia, which is that some of its
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decline in ad revenue. it is a big test for the returning chief executive bob iger. michelle fleury has the latest from new york. it is nearly a year since bob iger made his shocked return to disney following his retirement and having restructured its operations, mr i go, was on his second go around leaving the media giant, said disney is now moving to its next phase.- moving to its next phase. well, we still have _ moving to its next phase. well, we still have work _ moving to its next phase. well, we still have work to _ moving to its next phase. well, we still have work to do - moving to its next phase. well, we still have work to do to - we still have work to do to continue improving a result, progress has allowed us to move beyond the spirit of fixing and begin building our business again. an example of that, next month disney will launch a beta test of an app that combines disney plus, streaming servers, with hulu, another streaming servers. itjust bought the remaining stake in bulloo from comcast. this comes as dreaming losses are and is disney plus added 7 million subscribers, thatis added 7 million subscribers, that is nearly double forecasts. it is also investing money in its theme parks, which continue to grow. find
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money in its theme parks, which continue to grow.— continue to grow. and new for -- films _ continue to grow. and new for -- films like _ continue to grow. and new for -- films like the _ continue to grow. and new for -- films like the marbles, - continue to grow. and new fori -- films like the marbles, due —— films like the marbles, due out this friday, should help its film studio which is focusing on making less stuff of higher quality from its existing franchises. still, not everything is rosy, example, disney's abc network and other stations of lower political advertising revenue during the quarter, a decline in ad revenue that has worried investors. and there is still the question, what does disney plan to do with espn, a service which many wonder whether or not it will sell off in the future. on that, mr i got did not offer much commentary. from mining mogul to green paneer, andrew forrest made his billions by founding fortescue, which is one of the well�*s biggest mining companies, seeing him become one of australia's reges. that malcolm rosas business leaders who do not commit to going green are simply making excuses. i'm joined now by nick marsh at the
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new economy forum where business leaders are meeting this week to discuss the future of the global economy and, nick, you have been speaking to mr forrest, can you talk through what he had to say? he had through what he had to say? he: had 20 to say about the screen transition. at i think�*s message overall is that businesses can say all they want, they can talk the talk, but ultimately they have to walk the walk —— plenty to say. governments can set all the net zero targets in the world, but if the community of business leaders, he literally said about 1000 business leaders who control so much of the world's capital, if they are not serious about actually, you know, implementing these greener transitions, then we're not going to get anywhere and very specifically said it wasn't a of lack of money, it wasn't a of lack of money, it wasn't a of lack of money, it wasn't a case of lack of technology. he says, really, it was excuses and it was actually really just was excuses and it was actually reallyjust boils down to
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laziness. reallyjust boils down to lazines— reallyjust boils down to laziness. ~ ., ., laziness. we are on the road riaht laziness. we are on the road right now — laziness. we are on the road right now to _ laziness. we are on the road right now to make _ laziness. we are on the road right now to make money i laziness. we are on the road| right now to make money out laziness. we are on the road - right now to make money out of our green — right now to make money out of our green technologies. we have the technology, like everyone else _ the technology, like everyone else in — the technology, like everyone else in the world, to say we want — else in the world, to say we want new_ else in the world, to say we want new or different technology is really an excuse for inaction, an excuse for executive _ for inaction, an excuse for executive laziness.- for inaction, an excuse for executive laziness. there are coin: executive laziness. there are auoin to executive laziness. there are going to be _ executive laziness. there are going to be people _ executive laziness. there are going to be people watching | going to be people watching those who will be sceptical, saying malways, malways, what makes you the real deal? i saying malways, malways, what makes you the real deal?- makes you the real deal? i was sa to makes you the real deal? i was say to everyone, _ makes you the real deal? i was say to everyone, come - makes you the real deal? i was say to everyone, come and - makes you the real deal? i was say to everyone, come and seej say to everyone, come and see what _ say to everyone, come and see what we — say to everyone, come and see what we are actually doing. i try more _ what we are actually doing. i try more what someone does them what they— try more what someone does them what they say. there is no reason _ what they say. there is no reason if _ what they say. there is no reason if you not to go green. if reason if you not to go green. if von're — reason if you not to go green. if you're not going green, if von're — if you're not going green, if youfe noi— if you're not going green, if you're not naming a day, this decade — you're not naming a day, this decade or— you're not naming a day, this decade or early next decade that— decade or early next decade that you _ decade or early next decade that you are going to stop using _ that you are going to stop using fossil fuels and probably the reason isn't technology, is in finance, _ the reason isn't technology, is in finance, its character, its conviction— in finance, its character, its conviction of leadership. that's— conviction of leadership. that's the resource we need now to stop _ that's the resource we need now to stop the — that's the resource we need now to stop the world destroying itself — to stop the world destroying itself. ~ ., , to stop the world destroying itself. ~ . , , ., to stop the world destroying itself. ~ . , ., to stop the world destroying itself. ~ ., , ., mine itself. what is your date? mine is 2030. today _ itself. what is your date? mine is 2030. today you _ itself. what is your date? mine is 2030. today you will - itself. what is your date? mine is 2030. today you will talk - is 2030. today you will talk about a lack _ is 2030. today you will talk about a lack of— is 2030. today you will talk about a lack of character i is 2030. today you will talkl about a lack of character and
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leadership. are you referring to your peers there, i imagine there, what you actually mean by that? there, what you actually mean b that? ., ., , ., , , by that? you raised leadership. i know by that? you raised leadership. i know for— by that? you raised leadership. i know for sure, _ by that? you raised leadership. i know for sure, because - by that? you raised leadership. i know for sure, because we - by that? you raised leadership. | i know for sure, because we are doing _ i know for sure, because we are doing it. — i know for sure, because we are doing it, trust us, we are actually— doing it, trust us, we are actually doing it, that we have the technology. i know the world _ the technology. i know the world has the finance. what we are lacking now is the conviction of our leaders to use — conviction of our leaders to use the _ conviction of our leaders to use the technology we are, the finance — use the technology we are, the finance we have, and get our corporations to stop burning fossil— corporations to stop burning fossil fuels. corporations to stop burning fossilfuels. it corporations to stop burning fossil fuels. it is not the publio _ fossil fuels. it is not the public. that is the great screen _ public. that is the great screen was in the world's. no, there — screen was in the world's. no, there are _ screen was in the world's. no, there are probably a thousand industrial leaders like me who we should be held to account by the public. we should be held to account by the public-— the public. one interesting thin . the public. one interesting thing that _ the public. one interesting thing that you _ the public. one interesting thing that you didn't - the public. one interesting thing that you didn't hear. the public. one interesting i thing that you didn't hear that that we did speak about though was australia's quite awkward position between china and the united states, the world's two bigger superpowers. united states, the world's two biggersuperpowers. china united states, the world's two bigger superpowers. china is australia's biggest trading partner and if you are a mining company you are going to be selling a lot of materials and all things like that to china, but also your biggest ally,
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politically, but geo strategically, is the united states and it is very, very clear now in the race to build green technologies, as well as chips and artificial intelligence and all that, but with green technologies, the us doesn't want china to get a head start. it will stop putting pressure on its allies, let's take australia, which has a lot of critical materials, not to sell to china. and i said to andrew forrest what are you going to do about that? he said, well, look, we are urging governments to put down what he called their geostrategic weapons for the good of the planet. if you're going to look to get a political and economic advantage we all lose in the end. now, obviously, that is quite a lofty message to be giving, or whether governments actually listen to him in terms of that is a different question.— of that is a different question. of that is a different cuestion. , ., ~ of that is a different cuestion. , ., question. nick marsh, thank you so much for— question. nick marsh, thank you so much for that _ question. nick marsh, thank you so much for that update. - so much for that update. meanwhile, airbnb is losing its foothold in new york city, with thousands of properties banned under new rules inhibiting short—term rentals. the
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company's co—founder and chief executive brian chesky says travellers have been flocking to newjersey and connecticut instead. he was in the big apple and speaking to our business correspondent erin delmore. business correspondent erin delmore-_ business correspondent erin delmore. �* . ., delmore. we're already more bookin . s delmore. we're already more bookings like _ delmore. we're already more bookings like jersey - delmore. we're already more bookings like jersey city i delmore. we're already more bookings like jersey city and l bookings like jersey city and the parameters of new york city, newjersey, connecticut, city, new jersey, connecticut, i city, newjersey, connecticut, i think what people are saying is they still want to come to your, they want to afford to do it, oryou your, they want to afford to do it, or you will see people travelling to other cities as well. ., , ., travelling to other cities as well. ., ,, u. travelling to other cities as well. ., i. _, ., travelling to other cities as well. ., ., ., well. how you continue to grow and operate — well. how you continue to grow and operate the _ well. how you continue to grow and operate the city _ well. how you continue to grow and operate the city like - well. how you continue to grow and operate the city like new. and operate the city like new york york regulations are emitting short—term rentals? now we are primarily offerings days of 30 days or longer, we do still offer boutique hotels. do you believe that the growth of airbnb in cities like new york has contributed to housing shortages and rising rents? lute shortages and rising rents? we don't shortages and rising rents? - don't think that is the case. they never want to say that we are only part of the solution, i think that one of the
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important pillars to understand is if you run a technology company and you put a tool or something in people's hands, that unintended consequences will happen stop so we are always trying to listen, understand if there are issues, and adapt specifics.— and adapt specifics. now, increasing _ and adapt specifics. now, increasing inventory i and adapt specifics. now, increasing inventory is i and adapt specifics. now, l increasing inventory is good for airbnb, increasing inventory is good forairbnb, but increasing inventory is good for airbnb, but increasing imagery could be bad for hosts who would face increased competition. so how do you toe the line between what is good for the company and was good for the company and was good for the company and was good for the host? it for the company and was good for the host?— for the host? it is not “ust what is good i for the host? it is not “ust what is good for i for the host? it is not “ust what is good for the i for the host? it is notjust i what is good for the company but what is good for the guests. there are guests and there are those. i think the secret source of airbnb is to try to design a marketplace that finds a win—win for the guest and host. if there are not enough homes and prizes are tuwai then we hear a lot of issues of affordability. at the same time, we want this to make sense financially for hosts. we want to empower them. the great thing about our business is there is a way to make the market more efficient and you get a win—win. market more efficient and you get a win-win— get a win-win. now to the travel sector, _ get a win-win. now to the travel sector, because i get a win-win. now to the travel sector, because our travel sector, because our travel passengers have rebounded sharply since covid
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restrictions were lifted across the world last year. it is taking a little while to filter through to increased amount bohle plains as the airbus boss told the bbc. the bohle plains as the airbus boss told the sac.— told the bbc. the data shows that we are — told the bbc. the data shows that we are roughly _ told the bbc. the data shows that we are roughly back i told the bbc. the data shows that we are roughly back to i that we are roughly back to where we were in 2019, any number of flies, the number of passengers. the mix is quite different on what it was in 2019, so the traffic has recovered and keeps growing. when it comes to our own business, which is delivering planes to the airlines, we are not yet back to where we were in 2019. 2019 we delivered 860 planes at airbus and we had 660 last year, targetting 720 this year. you can see there is a time lag between the recovery of the traffic and the recovery of the traffic and the recovery of the traffic and the recovery of the aeroplanes.— of the traffic and the recovery of the aeroplanes. let's update ou with of the aeroplanes. let's update you with other— of the aeroplanes. let's update you with other business - of the aeroplanes. let's update you with other business use i you with other business use making headlines and a bangladeshi woman has been killed and several others injured in clashes near dakar between police and clothing
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factory workers demanding better wages. factory workers demanding betterwages. dozens factory workers demanding better wages. dozens of staff had returned to the streets a day after rejecting a government offer of 56% increase. unions want almost twice that amount. that is it for this edition of asia business report. so be back next hour if you can. but for now, thank you for watching. voice-over: bbc, bringing you different stories - from across the uk. it may look like a trip to the science museum. believe it or not, this is gatwick. it is a new centre with hands—on experiments with the hope of inspiring schoolchildren to considerjobs in stem, otherwise known as science, technology, engineering, and maths. fundamentally, it is about the future pipeline of talent. we are hoping some of them might be the workforce for the future with gatwick. featuring a mock—up lighting runway rig, among this group, many were keen to see
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the opportunities on offer. when i grow up, i want to be an engineer. i something to do with - electronics, something to do with biotechnology, - something to do with stem. when i grow up, i want to be an aircraft carrier designer and i want to make a plane that can hold about 8,000 people that is a kilometre long. when i grow up, i want to be an engineer. i love the idea of creating planes and making them go faster, so i think it'd be really cool to build a plane and have a chance to go on it yourself. the specially—adapted space will be here for a year as part of a pilot and will get feedback from schools and students, with the aim of attracting a host of new and enthusiastic talent to the airport's workforce. voice-over: for more stories across the uk, | head to the bbc news website. hey, i'm zof with the catch up. tonight: possession of laughing
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gas becomes illegal, a cat rescue, and a surprise proposal. but first, we start with tiktok. you might have noticed creators peoples videos have been getting recently. this is because they announced it will be removing its £1.6 billion creative fund from december to be replaced by the creativity programme beta, which the apps bosses say will make more chances to earn income, is only for videos over a minute long. next, laughing gas has become a criminal offence in the uk and is now categorised as a class c drug. possession of it for illegitimate use will carry a sentence of up to two years in prison. some other stories now, more on the israel—gaza war. prime minister rishi sunak says he will hold the match police chief accountable over a pro—palestinian marchers that you take place on remembrance day this saturday. he has criticised the timing of it in
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london as disrespectful. and a lucky cat was thankfully rescued by firefighters after falling 30 metres down a mine shaft in cornwall. it is all thanks to this dog as it alerted her owner by going berserk and running around in and out of the woods, basically leading them to finding mobley. that is adorable. and time alforte ten seconds of an elder proposal. —— and now time for. that's right, lynn's partner might literally walked down the line beside bagpipes before popping the question. she obviously said yes. i mean, it would be pretty awkward wouldn't it if if he did that in front of everyone and she said no. coppel goals. you're all caught up now. catch you later.
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hello and welcome to sportsday with me, gavin ramjaun. late drama in champions league as manchester united throw away a lead twice to lose at copenhagen after marcus rashford is sent off. some big hitting from ben stokes brings some respite for england at the cricket world cup as they get a much needed win in pune.
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and how social media abuse towards him and his family "crossed a line." rugby world cup final referee wayne barnes speaks out. hello there and welcome along to the programme. what drama to start with in the champions league on wednesday — as manchester united's struggles in the competition were shown up again in copenhagen. united were two goals up, before marcus rashford was sent off — letting the danes back, eventually coming from behind to secure a famous victory. rasmus hojlund scored twice for united, and it looked as though it would be their night in denmark, but rashford's dangerous tackle saw him given a straight red after var intervened. united reduced to 10 men, and immediately their opponents capitalised. they were level 2—2 at half time. despite being a man down, bruno fernandes scored a penalty, which looked like it
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