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tv   Business Today  BBC News  February 20, 2025 11:30am-11:47am GMT

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possibly severe gales — around the outer hebrides, and also some heavy rain moving from the west towards the east.
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profits climb at airbus — the world's biggest commercial plane buildeer. we'll speak live to its chief financial officer. the us federal reserve warns that president none of the above. generation of computing. net profits in 2024 rose 13% to just over 4 billion euros or a5 billion dollars. there's nearly always brutal for airbus�*s biggest
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rival, that's boeing. it's confirmed that its planned new a350 and earlier this week it announced a delay of up to 10 years to its promise to build a hydrogen—powered aircraft by 2035. thomas toepfer is chief financial officer at airbus. considering all the problems that happened boeing, that have happened at boeing, some might have expected you to even better, why haven't able to ca-italise more? been able to capitalise more? first of all i think we are withzthe r withthe result is r withthe result is that happy with the result is that we had in 2024, we guided for around 770 planes, did 766
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around 770 planes, we did 766 are we really got super close to the targets that we had. you see that we are planning in 2025 to increase further to 820, that shows that around 820, that shows that we are ramping up our production and i think you a and i’think'ypu indicated a bit dnd i’think'ydd indicated a bit the and tthink'ydd indicated a bit the biggest little bit the biggest tempering factor for affairs still is the supply chain and that means ending manufacturers still is the supply chain and th may ans ending manufacturers still is the supply chain and th may be; ending manufacturers still is the supply chain and th may be; ending r one facturers still is the supply chain and th may be; ending r one butjrers still is the supply chain and th may be; ending r one but also as may be dominant one but also cabin interiors and erol structures. therefore it doesn't have to do so much with the competition in the industry, it's really more about recovering stolen from -ee hits that tv hits that wef "ihitsthatweghadfi " 7 ” w ’ hitsthat wihlaii euhhg ” h times:we%had during if'h'tih{és;hfh;}i£uhh§ ” iffhtihiésahaghéa'a’uhthe” covid times and reviving the supply chain so we can deliver ee- for our for oui’ customers. for our customers. glgre for our customers. for airlines more for our customers. for airlines is reality for airlines is the most short haul and long haul routes can only really choose between you and boeing. the manufacturer chinese manufacturer has ambitions tojoin your chinese manufacturer has ambitions to join your ranks and at a time when you are
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how can limited in how many orders can you accept, are worried you accept, are you worried that will give them 777take7—off7777 77 7 7 take—off can join 7 77take7—off7can7join7th7e7 take—off can join the ranks for take—off can join the ranks similar to two big similar to the two big players? we are not worried, but we definitely take them a very i it is true 7= the industry will move that the industry will move into three players, that is ok us, it's a growing industry :-—:::7 :-—�*:a::7 i—zci7 think 77 a space enoug7h i think there's a space enough for more than two, what's most —= for us is that we important—fer as is that we our competitive advantage 7777th7is 77 7 = -e7t::: 7777thisis77why777 7 7777th7is is77why7we7 7 this is why we7 are 7 77 77th7is is7 7why we7 are working and this is why we are working on a new technologies, you hydrogzn77777 7 hydrogen but7 it's mentioned hydrogen but it's also important to a alsd impartanttewerh ah a �* plane for potential successor plane for the airbus a320 sometimes in the airbus a320 sometimes in the next decade. therefore, keeping the competitive edge is the most thing for the most important thing for us. ., �* . y the most important thing for g year pramasedrte devetap a “p year premisedrte devetap a up to year premisedrte devetep a up to ten 7 7 last year your 7 77last year your chief years, last year your chief executive spoke to the bbc, he was a question about
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7 should whether passengers should perhaps flight last to help save on carbon emissions, save en carben emissiens, he no, let's be said no, let's be patient, let the develop let's let the indastry deaetee' ~ ,,, ~ 7 , , ~ ~~ �* technology, let's let the indastry deaetee' ~ ,,, ~ 7 , , ~ ~~ �*technology, don't let's let the ihdastry deaelee' ~ ,,, ~ 7 , , ~ ~~ �*technology, don't fly new technelegy; don’t fly less. your like you've let those give your like you've let those passengers, there is equal passengers; there is eqaalr , ,, , ., passengers; there is eaaat , ,, , .,,,,,, passengers down passengers; there is eaaalr w ww w ww passengers down in conscious passengers down in any way? i conscious passengers down in any way? — conscious passengers down in any way? no, i don't think so. what's to _ any way? no, i don't think so. what's to first _ any way? no, i don't think so. what's to first of _ any way? no, i don't think so. what's to first of all _ any way? no, i don't think so. what's to first of all is - any way? no, i don't think so. what's to first of all is also - what's to first of all is also our current generation of is about 25% more 7 7in what 7 than what we have in efficient than what we have in the fleet of most airlines. therefore, delivering new in the planes in exchanging the existing one is major existing one is a major contribution to saving co2. of course we are thinking about what can be next big thing are moving away from we are not moving away from hydrogen to the country where we are not moving away from h is �*ogen to the country where we are not moving away from h is still1 to the country where we are not moving away from h is still working :ountry where we are not moving away from h is still working on ntry where we are not moving away from h is still working on that where we are not moving away from h is still working on that the re it is still working on that the technology and want to produce a plane, the fact of the matter is, it takes more than just a plain, take the entire plain, to take the entire infrastructure in terms of 7 hyd;l7>g7en’7 ee :— es 77hydrog7en, being 77 77hydrog7en, being produced clean hydrogen, being produced prices, at accessible prices, etc, what we do have to recognise is of
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we de have te recegnise is—af wwwwwwwwwwwwwwwwwww this we de have te receghise is'efr we , ~ ~~ this takes longer than we have officially suspected. should we really have faith — suspected. should we really have faith in _ suspected. should we really have faith in these - suspected. should we really| have faith in these promises suspected. should we really i have faith in these promises so soon after you've a have faith in these promises so soon afti promise a have faith in these promises so soon afti promise to a have faith in these promises so soon afti promise to have a a previous promise to have a hydrogen plane in the air by 2035? �* ., ., ., 2035? again, we are not all the 2035? again, we are not - _ all the ingredients 2035? again, we are not - . what i all the ingredients 2035? again, we are not - . what the ill the ingredients 2035? again, we are not - . what the industry ;redients 2035? again, we are not - . what the industry ;redien i of what the industry needs, i think we are what we have 7 what we have said which is pj’lee we have said which is on the technology, working on the technology, we making good progress, we do are making good progress, we do think that the fuel cell plane be commercially viable can he cemrnercially viahlewhatw ww ww www www w w takes can he cemrnercially viahlewhatw ww ww www wwwww www takes really more than just it takes really more than just airbus to make that a viable for the industry. airbus to make that a viable - for the industry. product for the industry. 0k, thank you — product for the industry. 0k, thank you very _ product for the industry. 0k, thank you very much - product for the industry. 0k, thank you very much for - product for the industry. 0k, thank you very much forjoining us today and sharing the andyourperspect|ve 7777erd77§67u7r75€r7775522tive on details and your perspective on your results.
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more details from our north america business correspondent, ritika gupta. interest rate unchanged in a range of 4.25% to 4.5% at that meeting. stubborn inflation, and the potential effect of trump's policy proposals — particularly tariffs and immigration — on their efforts to bring price in 2025, with the possibility of a second, according to futures markets. some officials also expressed concern over the potential current federalfunding runs out after march the 14th, policymakers noted it may be
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appropriate to consider slowing month without reinvesting the proceeds. earlier i spoke to bill english, who previously worked discussions? the thing that's always top of mind is the discussion and there it was striking that the committee you know, the minutes confirmed the committee is comfortable where they are with rates where they are.
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indications that inflation is coming down to target over time. but if inflation stays high rates will be higherfor longer. and they seem pretty flexible. pretty happy with just waiting and seeing. there's a lot of uncertainty, of course, partly because of the new administration. exactly how things shake out before they decide of a powerful new quantum chip. it's called my—orana and is neither solve industrial—scale problems in the decades to come. our senior technology reporter chris vallance explains.
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them back in contention in the multi—billion—dollar important real—world problems. physics and works in a fundamentally different way to the computers in your phones or laptops. classical computers, as they are called, simply can't — and lead to developments in medicine, for example. microsoft has been pursuing, by its own admission, to develop this new chip, it wanted to develop topological qubits — that relied upon discovering new materials that were capable of entering a topological you learn about in school — gas, liquid or solid.
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they also had to discover and use the elusive majorana particle. its existence has been only in theory until recently, and it remains controversial. in the race with its rivals, and ready to make it believes it's a question of years — not decades — before it's able to produce quantum computers capable a chip — as this one — which has eight topological qubits, and one that has thousands of times more qubits, which will be required if it's to do useful work.
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with a degree of caution — they say they will need to see more data before they're ready to say what this will mean for progress in the quantum computing industry in general, or indeed for microsoft itself. it will go on sale at the end of this month, costing around $600. it's aimed at a more cost—conscious market the budget model will have the latest ai features but a much simpler camera than apple's premium phones. bu rival, ch simpler camera bu rival, who mpler camera bu rival, who alreadytmera bu rival, who already has 'a bu rival, who already has ai in all of its phones. stay with us here on bbc news.
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hello from the sport centre. we start with football and manchester city's disappointing season continues. trailing 3—2 after the first leg, city went behind early on in madrid before going on to lose by three goals to one. alongside former england goalkeeper paul robinson. the dust has on manchester city's exit from the champions league, the first time for 12 years that they've been out before the round of
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the competition. really, nothing that's happened
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