tv Business Today BBC News October 23, 2024 3:30am-3:46am BST
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the imf is optimistic about the us economy, documentaries on track to become japan's documentaries on track to becomejapan�*s biggest listing become japan's biggest listing in six becomejapan�*s biggest listing in six years as shares jumped 36% in the stock market debut. —— tokyo. and key allies rally around russia in a major summer in russia, the view from india on prime minister modi's attendance. hello and welcome to business today. i'm steve lai. shares in tokyo and has soared 40% in tokyo market debut and making a japan's biggest listing in six years. built in 1927, it's asia's first ever undergone railway and used by 6.5 million every day. helen wong explains why its shares have proved so popular.
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it is the largest since six years ago but one of the top five in the last decade and it's part of the government schemes to encourage more japanese savings to flow into the stock market. so, it is a text protected savings scheme and it has attracted a lot of interest among the japanese investors while looking for a more steady income and so, it is a dividend stock with very promising companies and that's what it has attracted so much interest. us authorities say mcdonald's hamburger has been making people sick, e. coli, a type of bacteria that can cause stomach problems have been found in a quarter pounder sandwiches. they say 49 cases of illness have been recorded across ten states, people have been admitted to hospital and one person has died. most of the cases were recorded in western and midwestern states. the new chief executive of starbucks has announced that he will
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overhaul the menu of the coffee chain, it comes to the company both sales and profits are down. the company has announced that he will suspend its annual forecast for 2025 due to quote the current state of the business. the us is acquitted to be quote the engine of global growth according to the imf's global growth according to the imf�*s latest economic report and also expect to use economy to grow by 2.2% in 2025. china's economy forecast has been downgraded for both this year and the next, the report side of the property prices as a key factor behind the pessimistic outlook. vladimir putin has key allies gathering in russia for the brics summit, a major meeting that the kremlin hopes will show western attempts to isolate him over the ukraine war fail. attempts to isolate him over the ukraine warfail. among them is india's prime minister narendra modi, he has been closely watching discussions from mom buy and give us the highlights of what happened so far and what we can look forward to today?-
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far and what we can look forward to today? from india's perspective. — forward to today? from india's perspective. i _ forward to today? from india's perspective, i think— forward to today? from india's perspective, i think what - forward to today? from india's perspective, i think what has l perspective, i think what has happened and what's been interesting to watch is the bilateral meeting between prime minister modi and vladimir putin where essentially india has reiterated that diplomacy really is the only solution, when it comes to the crisis in ukraine, today, the focus was shift on the bilateral between chinese xijinping narendra modi and this comes off the back of the announcement from both the countries that they are essentially looking to disengage on their ongoing conflict in the valley in the northern how malleus but i think on more multilateral attender —— agenda, any update on this bricks financial architecture that vladimir putin has as a sort of counterweight to trading and payment ecosystems like the swift, the ecosystem dominated by the west would be closely
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watched and remember that this is an expanded brics summit with five new countries including the likes of you run that any newsline on the war in israel would be certainly something that they would be out for. . . , , ., ., out for. india and russia have stron: out for. india and russia have strong economic _ out for. india and russia have strong economic links, - out for. india and russia have strong economic links, has i out for. india and russia have i strong economic links, has that been under pressure because of the what ukraine? in been under pressure because of the what ukraine?— the what ukraine? in fact, the economic— the what ukraine? in fact, the economic links _ the what ukraine? in fact, the economic links have _ economic links have strengthened. india has been one of the top buyers of russian oil that's helped the russian oil that's helped the russian economy to continue to remain stable through this entire wall, india is not really maintained all those sanctions that have been imposed by the west and i think in the bilaterally yesterday, they were only gone ahead and look at other ways of strengthening this cooperation including on things such as nuclear energy and so on and so forth. . ~ ,, nuclear energy and so on and so forth. . ~' ,, , nuclear energy and so on and so forth. . ~ ,, , . ., forth. thank you very much for that. boeing's _ forth. thank you very much for that. boeing's largest - forth. thank you very much for that. boeing's largest union i that. boeing's largest union will be voting on a new wage
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deal later on wednesday over 30,000 workers have been on strike for over a month costing the company billions. that's the company billions. that's the only crisis that the new chief executive will have to deal with as bbc�*s explains. for boeing, the stakes are climbing ever higher. it's damaging billions of dollars thanks to a safety crisis, delays to aircraft programmes and a damaging walkout by workers and its washington state. the six—week—old strike has paralysed production of the bestselling 737 as well as to 777 and the 767 freighter. their finances were quite precarious leading up to this strike with about $115 billion in net debt and now, of course, the strike has, well, halted their biggest single revenue stream by a wide margin, the 737 max programme. senior�*s at a rally last week had been demanding a 40% pay increase over four years
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as well as the return of traditional pension plans abolished a decade ago. here is what's on offer — a pay rise of 35% over four years, a one—time bonus of $7,000 and improvements to retirement packages but no return to traditional pensions. analysts expect a close run—vote. these workers picketing outside the 737 felt more concessions were needed. it's not we asked for. and i feel like the contract, it's not going to push the company forward. i have seen the new contract, it's looking better but it's not quite there. i think if they came - with that in the beginning, there never wouldl have been a strike. but they will have to do a little better, i think. they are close. boeing is also under intense scrutiny from regulators over safety following this incident injanuary when an unused door fell off a brand—new plane shortly after takeoff. its new high—tech long haul aircraft, the 777x has been been repeatedly delayed.
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airlines won't receive it until 2026, five years later than planned. and it's starliner spacecraft has suffered embarrassing failures, leaving astronauts stranded in space. it's a perfect storm because they are basically losing in all corners and it is a result of actually 30 years of mismanagement where they have been prioritising the short—term profits instead of making good decisions and long—term decisions. new chief executive, seen here on the left, is the man charged with clearing up the mess and then the strike in getting the factories up and running again is clearly a key priority. but much money is to be done if boeing is to leave turbulent times behind it and embrace a sunnierfuture. the cost of living crisis is around the world, people begin to travel more, they are spending money with the level expected to exceed the pre— pandemic level this year. here in asia, travellers are preferring to stay in the
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region, seeing less expectations for trips, according to a new study by travel agency sky scanner. jared took me through the key insight of the report. we are seeing a shift away from some of the more popular destinations in 2024 which were bali and tokyo and they have suffered from some over tourism and now starting to see the emergence of lesser known destinations, places such as india where we are seeing skyrocketing searches for destinations and seeing a fantastic trend, starting to emerge around community and collective experiences so, people that are searching and thudding to travel for things such as sporting events and of course, started to see things like most of galleries and gaming is as well. so you're saying travellers looking or getting a bit more sophisticated with where they are choosing their destinations? yes, we are. they certainly looking at the types of destinations they're looking to resonate around the experiences
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that they want to travel for. bali, tokyo, is over tourism a concern that you noticed in travellers? the data certainly shows that we are starting to see similar search trends for the less known destinations so moving away from those popular destinations this year where we are starting to see more left the field places to discover. and numbers are encouraging — surging beyond pre—pandemic levels, it looks like people want to get out there, is it also apec travellers beyond the region as well? so we are seeing long haul flights to recover beyond what they were pre—pandemic, within the region, there is affordability around some of the shorthaul destinations with low—cost carriers coming to play and increasing the volumes, make it more affordable for those travellers. we are seeing ai creep into all sorts of manners of our lives, how is it
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impacting the travel industry but with regards to what travellers, how travellers are using it? we are seeing 46% of travellers now been confident with using ai as a planning tool when it comes to travel and we are actually looking at skyscanner implementing our skyscanner is semi—search tool which allows you to have natural language so it's a lot more flexible and organic in the way that you can search and find destinations with relevant process. shares of tobacco giant philip morris international have search by 10%, reaching a record high. the bran strong demand for its nicotine pouches called according to the lakers earnings report. it a smoke—free business accounting for 40% of net revenue for the period between july and september. that's it for this edition of business today. thank you for watching.
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while a judge has now lifted restrictions which prevented a jury from being told about the criminal background of chris kaba, we can now report that he had been a core member of one of london's dangerous gangs. he had a history of criminal convictions and a judge has allowed cctv to be made public which appears to show kaba shooting a man in a nightclub days before he was shot and killed by police. the victim survived but chris kaba died before he was charged in connection with the shooting. three other men were jailed earlier this year for their involvement. some other stories now — the former boss of abercrombie & fitch and his partner have been arrested on sex trafficking charges along with a third man in the united states. the fbi opened an investigation last year after the bbc revealed claims about the former boss mikejeffries. abercrombie & fitch says it's
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not commenting on it. and meet the twins cleaning london's unloved spaces. james and john are going viralfor cleaning up the dirtiest spaces. time now to ten seconds of paddington bear's new passport. 66 years after paddington arrived to london from peru, the british home office has issued the bear and official passport to be used as a prop in the next paddington film. you are all caught up. have a great night. hello and welcome to sportsday. i'm gavin ramjaun. it's the vinicius show at the bernabeu as holders real madrid come from behind to beat dortmund. aston villa make it three from three and they have duran to thank again, in their win over bologna. the commonwealth games has a future for now, but some of its sports do not.
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glasgow steps in to host a slimmed down event in 2026. hello and welcome along to the programme. and another superb evening of champions league action to bring. viniciusjunior stole the headlines, his stunning hat—trick saw holders real madrid come from 2—0 down to beat dortmund in a rematch of last season's final. a second half fightback began with antonio rudger, before goals from an inspired vinicius and lucas vazquez sealed the points for carlo ancelotti's side. the final goal, from vinicius, coming in stoppage time — as real ran out 5—2 winners, to get their campaign back on track. it's aston villa who lead the way though after tuesday's matches, and top the champions league standings. unai emery�*s side won 2—0
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