tv Business Today BBC News January 28, 2025 4:30am-4:46am GMT
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�* $600 $600 billion in market nearly $600 billion in market on monday. capitalisation on monday. that is the loss in is the biggest one—day loss in us history. the sell—off was b? hi; the by the rising spurred by the rising the low—cost popularity of the low—cost artificial deepseek, 77 deepseek, is app deepseek, whicb'ls" ~ .. 77, 7 increasing app deepseek, whicb'ls" ~ .. 77, 7 inc the ng app deepseek, whicb'ls" ~ ~ 777 7 inc the global ai competition in the global ai battle. 0ur has battle. 0ur correspondent has more. but on monday, there were fresh questions about america's dominance of the ai race after a made in china ai model
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that news rippled through wall street, nvidia by far the largest casualty, dealing it a historic one—day loss. investors are concerned that this shift will reduce demand for al hardware. nvidia. well. it disagrees the reassessment comes just ahead of a busy week, with major ai spenders like microsoft and meta there has some reaction already from the release deepseek ai the release of deepseek ai from the company the release of deepseek ai from the , . , company be the release of deepseek ai from the company bea the chinese compeny should'be e from our wake—up call from our industry is that we need to be laser git an to win.
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also heard 77 also heard ;0penai ”77°1th” ,..,,-,,,.. ., ”eiéfiértmw": " ”sitifiéé’viiiééw n 5315555553153 " 7' old 55125 iii}; elia the "' " " old 55125 iii}; elia the model " " impressive. in a separate development the chinese app impressive. in a separate development th it zhinese app impressive. in a separate development th it will ese app said on monday it will temporarily limit registrations temnerarily lira“: registratienew— ——— ——— —— ~ — temnfia' “fit efftatfiner 7—7 ,,, ~ ~ , of cyber attacks on temnfia' "ht ecstatm�*f' ,., ,,, ~ ~ , of cyber attacks on its updates through software. for updates through day, keep an on our the day, keep an eye on our more details on the website. more details on the live page and running, live page up and running, take with you wherever you on us with you wherever you go on our meile as well. donald told reporters on monday is in to microsoft is in talks to social media platform acquire social media platform also said would mime] m“ m biddin war over like to see a bidding war over the which was set to be the app, which was set to be banned earlier this month. it banned earlier this month. it only a week after trump an executive order signed an executive order granting tiktok a 75 day 7 7 the 7 7 7 the lunar new year just around the corner and {hind where it is iflhiha where it is the in china where it is called the festival, many spring festival, many families are for the biggest arepfl’eparingfor the biggest of arepfl’epar'rngfor the biggest of the year. is also holiday of theryear. it is atso of holiday of theryear. it is atso of the shopping of �* with many
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“hg? e“??? fi'flfi h�*fi"? buying new households buying new clothes and so on. 7 recently a 7 a trade—in n to expanded a trade—in scheme to include appliances to include household appliances to consumer spending. include household appliances to consumerspending. harry include household appliances to consumer spending. harry murphy tensions ersbefidtng�*; b�*a�*rry morons moody's analytics ' ifhe 7 7 7 if he expects 7 7 to he expectstses. ..§ .,.. ., .....-,. 7 to benefiticts ”2 ..§ .,.. ., w. a. 7 to benefitfromé ..§ .,,, ., w. a. economy to benefit from that. household consumption really has been a key focus for the last couple months :-= �* after the central work conference listed as the number one priority this ' this that 7 this that has a forjhis7year. thathas taken a of forjhisyear. thathas taken a of different i suppose to achieve tt trade ve goat. , , gm , tt trade in schemes . , , you there has that you mentioned, there has been an expansion vouchers, so giving consumption vouchers, so giving households the ability to w” o'nthings w 7 w” on things like 7 liri't'iiirigs'iiiié5&5; w” on things like going to money on things like going to the that type of thing, the movies, that type of thing, trying to really grease the trying to reetty grease the "w” ”w, a of keenness ”seem?” ' ”57;er mg?” ' ""s’;3£eh&f mar: ' ""s’;35eh&ffiib£éfia’rze” ' a to spend. those are like a temporary sugar hit to consumption. what we want to see and officials are see and what officials are to more and starting to implement more and more is some of the
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term structural longer term structural challenges inhibiting household in things consdmption’tn china, things very low consdmptioh’tn china, things very low pension, things like a very low pension, things like a very low pension, things like weaker wages, know, kaqwzafi' ’ w w kriéwgfi'oi w w w sign, aleothhoswe w know, all of those things w you know, all of those things that have been prompting to save w7 “ww those have now been put sbend. those have now been bet the for longer—term mm: we have been hearing that yet, wej'renetneenhee ring that will yet, wej'renetneentnee ring that will save yet, wej'raxetleenhean-ng that will save a start of is when might februerws fihenthfgs �*gl�* off, is not too far wwwitea not and have a whole lot more don't have a whole lot more detail on exactly what that detait oh exec“; fihé�*e’ that look detait oh exec“; a'hat that look like. 0ver detait oh exec“; a'hat that look like. over the will look like. over the weekend we a good in terms of how w will he used hi he used in trump will be used tariffs in of what with terms of what happened with very much tied to key = -=w that has wwwtwhat hastweerwiww ww that has been one w issues. that, has been one of key focus is with china issues. that, has been one of key flagging with china issues. that, has been one of key flagging potential 10% already ftaooino potential. 1994 ,, , , in tariffs already flagging potential. 1994 ,, 1 1 in tariffs linked already flagging potential. 1994 11 1 1 in tariffs linked to increase in tariffs linked to imports. so i think we fentanytirnparts; so irthink, we see the sort of ramp up fentanytirnparts; so irthink we see the sort of ramp up of that come but very much 11171110111 111171111 11111 1111117111 toissues wwwww wtswingwewewgwwtiwifiatw ww ww wwwww wtswingwinwewthiwifiatw wcwhwiwnwaww ww ww wtswingwinwewthiwifiatw cwhwiwnwawcanw
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to bring those try to address to bring those tariffs down. has announced inject over measures to inject over $18 into banking system improve money in improve money w win the to improve money supply in the through bond and economy through bond and tell us economy throughbond and tell us more. aoctiohs1 actions te111 9511 more — —— ———— —— ~— ~ move comes �* months cash crunch in the indian of a cash cra'hch in the "�*da" system. in of a cash month in the i"da" system. in fact the swystem system was at its decades cache systemwasa�*t its decades a of weeks ago, and §:=—l: whawdwwwfactw ww w w w w had fact quw w had fact quthe short—term rates, wwww ma ny many economists this and many economists see this cash crunch is of the reasons that has been hurting the that has been hurting1the111 11 1 11 111 cycle in the country lending cycle in the country and also india growth ehd 3'" affect" that’s. "md-h ,1111,11,11 ~ —~ 7 when 11-15 a'" iffy“: "1�*s cm“ 11111 ”f" " 111 * when the w w ahd a'" iffy“: “tie cw“ 11111 111111 ~ 111 7 when the rba w 11-15 a'" iffy“: "1�*s cm“ 11111 ”f" " 111 * when the rba announced z— it was seen as a pgscusrsoratsoto a rate clot in the
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pcecursoratsoto a rate clot in the future, all coming in the future. and all the bank stocks opened of the bank stocks have opened up of the bank stocks have opened up in the green as w w w wawws the w ww ww was the markets opened up india. many economists 110w w wwhethwhawtw w w w wwhothhawtwrwbwiwwww w w wwhothhawtwrwbwiwiwsww w wwwhothwhawtwrwbwiwiwsthiyingw w wwww wwwwbrwinging ww bringinngrewshww bonds, bringing fresh money into the market, the supply into the market, the central bank is feeling more of wwwhwichw masts which also means 111111 111 be1 1 1 be precursor for this could be a precursorfor a rate cut lee" coming monetary lstieggut in the coming monetar1y which lsigeggut in the coming monetar1y which would wji— w anter union z= -: w in the first w w in the first week february. and a rate e of february. and a rate cut is something both the economists been forward to, considering india is slowin- down growth in india is slowing down and it would grow at its slowest pace in last ww ww somethin to kee- an years. same-fie 1a 1eee an a? for years. earns-fie 1a 1eee an a? for shaw.
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years. something to keep an eye — agreement - years. something to keep an eye| _ agreement was 113i 1 1 wwata w w w ata meewting w w w ata meeting of w at a meeting of senior made at a meeting of senior diplomats beijing. to business of sports in the business of sports in the united states where the women's national basketball association a pivotal a w a record—setting and w and superstar rookies ken clarke and angel rees a wave of fans to bringing ahewtelave of tarts to game, bringing aheauarave of tarts to game, the wnba bringing a1nei11n1u1erave of fans to game, the wnba is now w withw w wwwww w on 2025. w 2025. nadiaw success in 2025. nadia is to operate and rawlinson is to operate and operating chairman of the oneratino chime" of the sky, 18 oneratiho chime" of the sky, 18 valued oneratiho chime" af the sky, 18 valued north of chicago sky1 18 valued north of 11 1 million. $95 million. people not projects people did not expect return on with like a return on with investors like myself coming in the last e—e of yea rwws of years we have couple of years we have definitely seen this more an class that has strate-ic asset class that has strategic value. can get a of
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value. we can get a lot of from it. if we ran a operation. w w operwation. so that one, so makin sure we have a sustainable business that could be going concern over and also w ahdawwlethhwew ww w and also the product on time. and also the product on court. people want to come the court. people want to come and see a great game, and lot the court. people want to come arthate a great game, and lot the court. people want to come arthat is great game, and lot the court. people want to come ar that is we eat game, and lot the court. people want to come ar that is we have me, and lot the court. people want to come ar that is we have had and lot the court. people want to come ar that is we have had great lot great w great competition and players, great competition and athleticism, and i think we are really hitting our stride and are at �* peak now. are at ear eeahrfisht'neaer been are at ear eeahrfight'neaer been growing trend there has been a growing trend of private equity and of private equity ownership and franchises that has just sports franchises that has just been increasing in leagues the w w the globe w the globe and w is no across the globe and wnba is no exception. why is that? this across the globe and wnba is no exception. why is that?- moment where valuations are getting sky1-high1. particularly the men's side. that is the on the men's side. that is the lead, valuations are so high, on the men's side. that is the lead, is luations are so high, on the men's side. that is the lead, is it very s are so high, on the men's side. that is the lead, is it very shallow high, on the men's side. that is the lead, is it very shallow pool, on the men's side. that is the lead, is it very shallow pool of there is a very shallow pool of who have liquid order write those order to buy in a majority in order to buy in a majority stake of those teams, so you need some institutional and some private investment and some private equity to unlock some of that value, for value, particularly for families. if we are doing that
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pratessianai men’s ieeei wthinkthwewrwewwiwsw w w w wthwianthwewrwewiwswawnwoppowrtunity w w w w iéthink there is an opportunity do it at women's level iéthink there is an opportunity well. it women's level iéthink there is an opportunity well. it are nen's level izthink there is an 0 o ' i well. it en's el izthink there is an cog-l fig well. it 1, m 1, fromthe w w from the fawrwi w just from thefan experience you want to come to game and be excited w wnba w w wnba has w w wnba has some of the most the wnba has some of the most games, that have jzt wthe teed w wthe lead for a while followed the lead for a while say it is pure basketball, ggygigt is pure basketball —based sayit is pure basketball —based basketball, skills —based basketball, something you don't see that much of in the nba of late. 1 the whizbang much of in the nba of late, 1 the whizbang action you from the whizbang action you see are in the seat to see when you are in the seat to opportunity for content the opportunity for content creation because social media a big part of this, how is a big part of this, how you can monetise this, so there is strategic opportunity there. has been so frenzy strategic opportunity there. has been sc angel frenzy strategic opportunity there. has been sc angel rees/ strategic opportunity there. has been sc angel rees versus surrounding angel rees versus clark and the so called that driving to new heights and viewership to new heights and really the in really setting the stage in a new way for a new chapter in women's �*are women's basketball, so how are you capitalising on that rising you capitalisthgenthat riaihg �* power? geueapitalistfigentha 1111; ower? 1, 1 geueapitalistfigentha 1111's; ower? 1, 1 geueapitalistfigentha 1111's: ower? 1, 1 star power? to be quite honest, that i been — star power? to be quite honest, that. been happening - star power? to be quite honest, that. been happening fasterl that has been happening faster than we anticipated, so quite honestly in some ways we are
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a little of catch playing a little bit of catch up, in other ways we are up, but in other ways we are these live into the identities and breathe into theidentities want to have, and that is something that is really interesting. i the league startingw w sta rti ntho w sta rti ntho evolve w startintho evolve to w startintho evolve to be w startintho evolve to be one is starting to evolve to be one where it has room for —w— w just the a-ainst against them. collective, as against them. for the wnba. exciting times for the wnba. you �*your company. see exciting times for the wnba. again �*your company. see exciting times for the wnba. again at �*your company. see exciting times for the wnba. again at �*yc same 1pany. see exciting times for the wnba. iweek.: �*yc same ia§e£566* 1111 ~ ~ 1 t ~ ~
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between 19110 and 19115. wreaths and candles, and share their experiences. killing, more killing. to the middle east now. tens of thousands of displaced palestinians are returning to northern gaza, where many of their homes lie in ruins. in makeshift camps, because of a conflict between israel and hamas. now, a route from the south of gaza has been opened.
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