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tv   Asia Business Report  BBC News  November 28, 2023 12:30am-12:46am GMT

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with 15 nations. fossilfuels — like coal, oil, and gas — are the biggest contributors to carbon emissions, leading to rising global temperature. cop28 organisers have said the report is inaccurate, and the uae said "private meetings are private." well, earlier i spoke to graeme riddell, a climate and sustainability consulting leader with marsh asia. he gave me his reaction to the possible discussions of fossil fuel deals at cop28, an event that aims to prevent the worst impacts of climate change by limiting the rising global temperature. first reaction, everybody needs to be on the table at this, it's a complex issue and we can avoid heavy fossil fuel companies avoid heavy fossilfuel companies engaging in this discussion to have a systemic
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economy wide response. screws and is good, discussion is good, the more people involved in taking action and engaging in taking action and engaging in climate change is better. the more private sector engagement in this issue, i think, is better than what we saw ten or 20 or 30 years ago when it was very government driven. iii when it was very government driven. ., . ~ ., driven. if we go back, at kop 27, is driven. if we go back, at kop 27. is loss — driven. if we go back, at kop 27, is loss and _ driven. if we go back, at kop 27, is loss and damage - driven. if we go back, at kop 27, is loss and damage fund| 27, is loss and damage fund was a for richer countries to pay poorer countries suffering the impact of climate change, how do you see that working out, that has been one of the numerous sticking points? i think private sector needs to get more engage in loss and damage as well. it is just one section, it would help society, insurance needs to be more engaged, issues regarding finances and construction, climate change needs to be built in all discussions and
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build an infrastructure that is more resilient.— build an infrastructure that is more resilient. how confident are ou more resilient. how confident are you about _ more resilient. how confident are you about these _ more resilient. how confident| are you about these changes? all of these meetings have been leading up to something coming out quite well. lots of preparatory meetings for this cop28, hopefully with outcomes nearing all of these potential contagious point being discussed going into the uae, so fingers crossed that we don't have another year of delay, and i think the private sector with 75,000 people there, one it is a lot of people, hopefully it means private sector is engaged and we see finance flowing after this week. one of the biggest, and most visible impact of climate change is the worsening weather condition. an in increased frequency in severe storms and unprecedented heatwaves all have the ability to decimate crops and disrupt food production. that's a challenge with the global population now past 8 billion people, and continuing to grow.
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a growing number of companies are looking at how new technology can make our food supplies more reliable. 0ur reporterjonathanjosephs has met with some of those trying to put new things on the menu. cooking up the future of food. some of the world's most innovative food companies hope to reach our taste buds through what's on the menu at london's future food tech summit. most of them are smaller companies, better placed to find the breakthroughs that will keep the world fed. consumers in many parts of the world are eating more meat, and as their incomes rise, un says that demand will continue to grow for the next decade or so. that brings many challenges. guy nevo makovsky is from the israeli startup profuse. so profuse is enabling the production of cultivated meat, which is basically taking one cell from an animal and growing it into a steak in a factory. so the challenge is to get it to grow from one cell into 20 billion cells.
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critics say that meat consumption is bad for the environment. growing meat in a laboratory presumably uses a lot of energy, which isn't necessarily good for the climate. cultivated meat growth is cutting down the use of land and freshwater by 90% compared to farm grown meat. probably you can start getting those in the shops within 5 to 10 years. food technology isn't just about coming up with new ways to make food. it's also about making better use of what we already have. denmark's has one such company. avi, what is it you're doing here? well, we are upcycling, poor, spent grains. so when the poor has extracted the sugar and the starch from the grain, we are transforming them or processing them into flour that can be used in all types of food where you use flour. what is it that you do differently to other companies? we have an algorithm. we are taking in more than 100 different types of grains. so every time we produce one of our standard types of flour, it's a mix that is managed
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by the algorithm. why does the world need to upcycle when it comes to food? more than eight billion people now, but the world is not getting bigger, so we need to find ways to utilise the resources already available to us. it's thought about a billion people around the world are obese, so some companies are trying to make what we do have healthier. blue tree is one of those. what are you doing? we developed a technology that enables to reduce sugar from natural beverages, such as fresh juices, milk, beer and wine. after three years of development, it's soon set to hit supermarket shelves for the first time. do you have any concern that people will see your technology and a product? think it's a bit healthier? i can have more, even if it's not a healthy option. we want to enable people to get to healthier products and it will be up to them to know exactly how much they will consume of it. with so many challenges, a lot of new recipes will be needed to keep the world fed. jonathan josephs, bbc news.
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bite dance the parent company of tiktok is cutting many of drugs in his gaming decision, a spokesperson for the company says bite dance has restructured its giving business after a review of its long—term strategic growth areas, in the past years, the company had been impressively invested into its gaming unit two challenge the market leaders in china. a us federal judge has ordered the seal finance to stay into the country. he pleaded guilty to criminal charges linked to the criminal charges linked to the criminal currency exchange that chart years. he is charged with
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willfully violated us economic sanctions and failing to effect positive money—laundering controls. he lives in the eu which doesn't have a formal extradition sheet edition with the eu, finance continues to operate its business but continues to strengthen its compliance programme so it's up to america's anti—money laundering standards. tesla is suing sweden and has scored an early win. the electric car—maker sued the swedish transport agency after postal workers stopped delivering licence plates for its new cars. in an interim judgment, a swedish court ruled the country's transport agency must deliver the registration plates or pay up. from new york, michelle fleury reports. workers for poste nord, sweden's postal authority, had stopped delivering license plates for tesla's new cars, essentially stopping all newly purchased vehicles from becoming road legal. the move was intended to support a strike by tesla mechanics in the country after the us car—maker turned down their request for a collective bargaining
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agreement, which is fairly standard in sweden. that's when sparks began to fly. on monday, tesla filed a lawsuit accusing the country's transport agency and its postal authority post nord, of unfairly targeting the electric car maker by not giving it access to the registration plates. a few hours later, a swedish court issued an interim judgment in tesla's favor, saying it must deliver the plates. in response, ceo elon musk posted on the social media platform he owns thanking the country. tesla's billionaire boss is famously anti—union and the us car—maker has managed to avoid collective bargaining in its global operations. the decision is a blow to the swedish labour movement, but it's not the end of the fight. we turn now to australia where we'll find out if consumers there are spending when the monthly retail sales figures are released later today. like many, the country has been grappling with rising prices,
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with its central bank raising rates in november to try and curb inflation. for more, we'rejoined by anz senior economist adelaide timbrell from melbourne. people are spending in australia, there is still lots of money flowing around. savings and aggregate have not been eroded and because we had one of the longest lockdowns in the world are savings buffers are strong. however, we are also seen some pressures from cost—of—living, especially in the housing market in australia, they are not able to spend as much. so third person spending will be done but with the overall publishing go through the year and some courts haven't income growth as well as strong saving buffers, well as strong saving buffers, we are not likely to see any sort of cliff in spending, perhapsjust modest sort of cliff in spending, perhaps just modest growth or stagnate. and that's it for this edition
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of asia business report. thanks for watching. bbc news, bringing you different stories from across the uk. at the central methodist hall in coventry, volunteers have come together to put on the £1 panto. it's called cinder baller and is a take on cinderella with a twist. here is, she wants to play football rather than go to the ball. cindy baller, she is four and she has an evil stepmum and she has dreams of being a massive football player. and the dream is to show young kids and everyone else that anyone can follow their dreams. gareth southgate and serena wiegman, the national team coaches are in the cast.
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european champions and world cup finalist this year. i manage the men's and we've won... anyway. and the support from local semi—professional players. it's putting out there that you should believe in yourself no matter what people say to you. so just block out them haters and listen to yourself and good people around you. we're still trying to head in the direction that the men are in, and that's where essentially where we want to be. cinder baller runs from december the fourth to the ninth and details of how to go are on friday social media accounts. hi, i'm ellis with the catchup. tonight, new zealand's give
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smoking ban cancelled completely, the amputee helping others and a cute new christmas ad. but first, an agreement has been reached to extend the humanitarian truce between israel and hamas in gaza for another two days. the current truce has seen one hostage free by hamas in exchange for every three palestinian prisoners released and a ceasefire. allowing more aid to get into gaza. some other stories now. new zealand says it's scrapping its smoking ban for anyone born after 2008 to fund tax cuts. it was said to have inspired the uk government in september to announce a cigarette smoking ban for young people. two teenagers accused of murdering another child showed a preoccupation with violence, torture and death a court has heard. 16—year—old breanna was trans. manchester crown court heard the schoolgirl was stabbed 28 times in a sustained and violent assault in warrington. the accused teenagers,
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who are both 16, deny murder aand a 19—year—old from teesside who lost track when a tractor ran her over. it's hoping to use her experience to help others. lucy is becoming a peer support worker for a local charity. time now to leave you with 10 seconds of festive cheer. move over, mns and john lewis. there's a new christmas ad on the block. this advert from charlie's bar in enniskillen county fermanagh in northern ireland has racked up millions of views on social media. you're all caught up bye for now.
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hello and welcome to sportsday — i'm gavin ramjaun... wolves are bitten twice by penalty decisions going against them — as fulham edge a thriller at craven cottage. it's make or break for manchester united and newcastle united. paris and istanbul could mark the end of their european adventures. and can anyone catch max verstappen? for the future health of formula one, someone has to as the season comes to a close at abu dhabi hello there — and welcome along to the programme. and drama to bring you from craven cottage right at the end
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in the english premier league — between fulham and wolves. an injury time penalty saw fulham snatch all three points... five goals, three penalties, and var at the centre of much of the action on monday evening. marco silva's side came away 3—2 winners — after a stoppage time penalty from willian won it from them. it looked as though hwang hee—chan�*s equaliser, also from the spot, had salvaged a point for wolves, at 2—2 but in the depths of injury time — willian made the game safe, scoring his second goal from the spot — after the video assistant intervened to bring the game back after play had gone on. wolves boss gary 0'neill after the match not happy decisions going against his side again this season. i have two options now, really, as a leader of this group, keep conducting myself in the way that i think i should and make sure the players are still respectful to officials. or we go, "that's not really getting us anywhere". "we need to start making some noise," but i want to just be myself and i want to just
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behave in a way that i think should.

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