tv Business Today BBC News November 28, 2024 2:30am-2:46am GMT
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from social media. hello and welcome to business today. new nickel has become a brand thatis new nickel has become a brand that is recognised internationally and its boss has directly addressed the controversy around its cotton for the first time. today, tadashi yanai is the country's richest man with his net worth of more than 45 billion dollars. he opened his first uniqlo store in hiroshima a0 years ago. the bbc�*s mariko oi sat down with mr yanai in a wide—ranging conversation covering his goal, the future of fast fashion and controversy around the source of cotton. iamat i am at one of their latest tourist at the heart of tokyo. this year fast retailing but has achieved its goal of
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generating annual revenue of y3 trillion. to become the world �*s biggest retailer, needs to at least double that. the bus even has a bigger target, a revenue of y10 trillion. can he achieve that as the company �*s president before passing the button to his successor? translation: i button to his successor? translation:— button to his successor? translation: ., ~ ., translation: i would like to achieve and _ translation: i would like to achieve and i _ translation: i would like to achieve and i believe - translation: i would like to achieve and i believe i - translation: i would like to achieve and i believe i need i translation: | would like to | achieve and i believe i need to achieve and i believe i need to achieve it for them to do that we need to imagine how different a yio trillion firm is from a preacher when you confirm and recreate our company every day. we want to change people �*s perception of our clothing, that it can continue to evolve. i our clothing, that it can continue to evolve. i want to ask your _ continue to evolve. i want to ask your views _ continue to evolve. i want to ask your views on _ continue to evolve. i want to ask your views on today's . continue to evolve. i want to l ask your views on today's fast fashion industry, especially chinese retailers what do you think is the future of this industry? i think is the future of this industry?— think is the future of this indust ? ., �* ~' industry? i don't think there is a future — industry? i don't think there is a future for _ industry? i don't think there is a future for fast _ industry? i don't think there is a future for fast fashion. i is a future for fast fashion. they are producing clothes without purple considerations, which you can only wear for one
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season. that is a waste of the planets resources possibly can wear our clothes for many seasons, tecia torres when i am brand today, i have no idea how old they are. i want to ask you about china because its economic challenges have been affecting your performance as well. ~ ., , affecting your performance as well. . , ., well. what is your strategy? do ou think well. what is your strategy? do you think you — well. what is your strategy? do you think you will— well. what is your strategy? do you think you will have - well. what is your strategy? do you think you will have to - you think you will have to change your strategy or outlook? i change your strategy or outlook?— change your strategy or outlook? ., �* ~' outlook? i don't think we need to revise our _ outlook? i don't think we need to revise our strategy - outlook? i don't think we need to revise our strategy for - to revise our strategy for china, they are 1.4 billion people and we only have 900 to 100,000 stores. i think we can -- 1000 100,000 stores. i think we can —— 1000 stores. 100,000 stores. i think we can -- 1000 stores.— --1000 stores. uniqlo have been trying _ --1000 stores. uniqlo have been trying to _ --1000 stores. uniqlo have been trying to build - --1000 stores. uniqlo have been trying to build stores l been trying to build stores they can trust and there are concerns about its impact on the environment. it is because of its controversy on where it gets its constant, you didn't confirm or deny that, can you clarify if there is any cotton
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from changing and any products? no we're not using cotton from xinjiang. actually, it gets too political if i say anymore. so let's stop here. its success is partly due to close that are essential to customers day—to—day lives. for example its heated collection to keep you warm in winter has been a lasting head. it also sells airism liner closing. specialising in synthetic fibre. but they are coming under pressure to disclose where they source their materials from as customers want to know where and how their clothing is made. that was tadashi yanai, the boss of uniqlo parent company.
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confirming for the first time that the japanese firm does not use cotton from the xinjiang region of china in its products. volkswagen will pull out of xinjiang region. the german car giant will sell its operations to a chinese state owned firm. the us federal trade commission open and ante trust investigation into microsoft. it involves the firm �*s software licensing and cloud competing businesses. technology dies are increasingly facing scrutiny from regulators. matters chief executive mark zuckerberg matt donald trump at the president—elect mar—a—lago resort in palm beach florida.
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the facebook onus is the meeting comes and point time for the future of american innovation. he had dinner with mr trump and innovation. he had dinner with mrtrump and members innovation. he had dinner with mr trump and members of the incoming us administration. this comes as leaders of the technology industry i tried to get a sense of what is to expect when the administration changes next year. it's thanksgiving thursday and in the us it is the busiest holiday season for reconnecting with family and in many cases, friends too. according to industry forecasts, nearly 80 million americans are expected to travel over the period. let's get more from travel expert mark murphy. the good news, the average cost of a thanksgiving dinner dropped 5% with walmart and ali offering lower prices. it harks
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back to pre— biden pricing. these low prices don't tell the whole story. while food prices have risen, blaming president biden alone is too simple. global supply chain issues, the war in ukraine and rising energy costs also play a role. there is also read inflation where companies raise prices to boost profits. despite donald trump �*s promise to lower grocery costs, condiments of one his policies could worsen inflation. his latest threat to impose sweeping tariffs on mexico along with canada and china would make food imports from the us �*s biggest supply of projects even more expensive. however, these price cuts remind us while presidents often bear the blame for rising prices, its companies determine what consumers pay. one in five children aged between eight and 17 and uk
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lied about the age in order to get social media accounts according to new research from ofcom. the figures have been consistent for the laughter guested by introduction of age verification and other tools by technology firms. protecting children from harmful content will be a legal requirement once the u.k.'s online safety act is fully enforced next year. social networks introduce a number of measures ensuring children aged below 13 do not have access to their platforms but this reporterjust have access to their platforms but this reporter just a problem has not yet been sold. australia meanwhile is moving closer to an outright ban on social media for children, lawmakers calling it a world first built to protect under 16th at a critical stage in their development. mezzo, google and tiktok all challenged the plan law. tony allen mothers a year of age check a certification scheme is working with the australian government and he took me through the process of age
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verification. there are three types of aids insurance. age verification as we establish somebody�*s date of birth through a document or school record or whatever and you calculate that difference to today's date. age estimation where you look to features of humans that vary with age. that is notjust identify committed looking at your face or voice or whatever is a get older, it changes. the third one is age influence where you establish a set of data breath, some other pack, marriage or mortgage or whatever to be able to determine whether they are likely to be a child or adult. that would be the range of ag insurance measures. presumably social media _ insurance measures. presumably social media companies - insurance measures. presumably social media companies will - insurance measures. presumably social media companies will be . social media companies will be asked to adopt this technology. what other rule can they play to try and solve the problems
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regarding this?— regarding this? social media are regulars _ regarding this? social media are regulars of— regarding this? social media are regulars of the _ regarding this? social media are regulars of the problem, children having access to encountering risks it is up to the social media companies to address that risks. how they do it is up to the social media companies to address that risks. how they do it is fairly open what this trial is all about is assessing those different products and how the social media do things. and seeing what works and what does not work and what might be an area of improvement.- not work and what might be an area of improvement. there are criticisms _ area of improvement. there are criticisms of _ area of improvement. there are criticisms of blanket _ area of improvement. there are criticisms of blanket bands. - criticisms of blanket bands. briefly, can you outline why they might not be the best solution? figs they might not be the best solution?— they might not be the best solution? �* , . . , ., solution? as far as the trial toes, solution? as far as the trial goes. our _ solution? as far as the trial goes, our role _ solution? as far as the trial goes, our role is _ solution? as far as the trial goes, our role is to - solution? as far as the trial goes, our role is to look. solution? as far as the trial goes, our role is to look at| goes, our role is to look at what you do once the age—related eligibility prompt is created. what creates the prompt is a problem for politicians. whether or not there should be a ban or whether it should be restrictions or a different products or services that have to go through that is a
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political question, i am to go through that is a political question, iam not to go through that is a political question, i am not a politician. what i am here to look at is what you do, once the prompt is created, how you go about that challenge it created about. it was the second straight cut as the economy stored. and that's it for this edition of business today.
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secret filming and some gorgeous animal pics. we will star in lebanon where thousands of people are returning to the south of the country after israel's army and hezbollah agreed to pause fighting in a ceasefire. many are now finding their homes have been destroyed.— their homes have been destro ed. g . , ,, destroyed. my family spent the whole life in _ destroyed. my family spent the whole life in this _ destroyed. my family spent the whole life in this house - destroyed. my family spent the whole life in this house and - destroyed. my family spent the whole life in this house and we| whole life in this house and we did as well and in 18 it is all gone. —— one night. did as well and in 18 it is all gone. -- one night.- did as well and in 18 it is all gone. -- one night. have this kind of secret _ gone. -- one night. have this kind of secret camera - gone. -- one night. have this kind of secret camera videosl gone. -- one night. have this. kind of secret camera videos of women being on nights out? a 27—year—old man has been arrested on suspicion of stalking and harassment and connection to videos like these. a23—year—old who spoke these. a23—year—old who spoke the bbc said she did not know she had been filmed until she was sent a link to one. and cctv from a london school shows autistic children locked in padded rooms. some foreign to be floor, restrained by the neck or even left alone sensing
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in vomit. this course as new leadership found the footage after the rooms had been shut and shared it with police. their investigation did not lead to charges but apparently their children are traumatised. time now to leave you with ten seconds of nature because the wildlife photographer of the year shortlist has just been announced. there are 25 shortlisted for nearly 60,000 chosen by the natural history museum in london and internationaljudging panel. now it is time for you to have your say. you were all caught up your say. you were all caught up now, have a great night. hello and welcome to sportsday. i'm gavin ramjaun. a statement of intent from liverpool who beat champions league holders
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real madrid at anfield. so near to another famous european win for aston villa, but they're denied right at the end of their match with juventus. and a blunder of an own goal, but celtic fight back against club brugge as the scottish champions rescue a point. hello there, and welcome along to the programme, it really is a case of the arne slot machine at liverpool continuing to pay out. what an evening for them in the champions league on wednesday, they got the better of holders real madrid, winning two goals to nil at anfield, which ends a long winless spell against the holders. liverpool hadn't won in the last eight meetings in the tournament, including two champions league finals. but there was no stopping them
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