this is the dumping of business i'm kate ferguson welcome to the show . shares in the world's leading a video streaming platform netflix have slid to 6 percent after the company delivered disappointing 3rd quarter results the company picked up only 2200000 new subscribers between july and september after a pandemic driven boom in the 1st half of the year which saw the service gain $26000000.00 new viewers part of the reason for the slowdown is that netflix has little room to grow in its home market of the united states but the company is hardly embarking on a tough times of nearly 6 and a half $1000000000.00 its 3rd quarter sales were actually slightly above analyst expectations. and while netflix might have exhausted its potential in the united states it's a different story in the rest of the world in the past few years the company has been increasing its investment in africa keen to capitalize on a growing demand for original content on the continent. in september poacher became the 1st kenyan film released on netflix using drama instead of documentary

continent of africa has 20 billionaires and more on this i'm joined now by my colleague with business kate ferguson she's already at the table kate good to have you with us. why is it that the rich are getting richer and should we be concerned that this is happening this is not really a new trend at all the rich have been getting richer and the poorer for quite some time that there are a couple of reasons for this one of them is that over the past few decades and this is a global trend the rate of talks of the super wealthy in paying has actually fall and the argument for this is that it boosts innovation and it creates jobs but the effect is that these super wealthy individuals have a whole lot of money to play with and much of they do with that money they put it into the stock market often investing it in super risky but high yield offsets that you or i would be too sensible to invest in but that means that they just keep keep getting wealthier and wealthier and i think the effect of that is that what happened to the stock market has a one on one relationship to what's happening to billionaires a

this is the doubling of business i'm kate ferguson thanks for joining me. the united states has filed an antitrust lawsuit against google accusing the company of illegally using its market power against its competitors the government says google has bought its success by paying mobile phone makers and others to make i think default search engine it's the biggest challenge the u.s. has launched against a tech company since a lot to mark ace against microsoft back in 1998 let's talk to his financial correspondent yes caught to in new york hi yes this is a pretty big deal what's behind this loss ace you know well i mean the whole and all sorts of was about one year in the making and the big question is if google actually violated antitrust laws here in the united states google is self is saying is that it's not forcing anybody to use their search and gen or do advertising with google on the other side there is this claim that the search engine is pre-installed and that many devices and just one of the reasons so that this might be a blocking competition and wa

of business i'm kate ferguson welcome to the show. the united states says it will remove sudan from a list of state sponsors of terrorism on condition that country pays $335000000.00 to american victims and their families the move could prove a major boost for the sudanese economy and they bring the country to access foreign loans and investments many in the capital khartoum see moves by the u.s. to ease tensions as a great opportunity for sudan the north african nation status as a state sponsor of terrorism meant sudan was isolated internationally and margin in economic slump because of tough u.s. sanctions now it has become much easier for international companies and banks to resume doing business in sudan. the very important step that sudan has been waiting for for a long time it's negatively affected sudan and it is reflected in the citizen salary that the thing that is. we are optimistic about this decision as a kid sudan a new horizon an awakening pushes us forward and we must take this decision into consideration not commit any

i'm joined now by kate ferguson from date i believe business to this announced. come as a shock we're back at some people have described the whole coronavirus as a horror movie for the industry and i think that's pretty awful because for the past few months we've had the sense of impending doom but we haven't quite known how big the shock is going to be and when it's going to come and today's announcement from sending world gives us some idea 45000 jobs lost across the u.k. on the u.s. these 2 markets make up 90 percent of the company's business and sony world is of course the world's 2nd biggest movie chain after amc so this announcement today has left other smaller operators thinking one of the big guys can't make it. absolute i mean good run us through touched on it there but how bad has the pandemic been for the cinema industry it's just been a perfect storm to be honest so course on one level you have mr number is dwindling because of coronavirus restrictions on even just psychologically people don't feel very comfortable going to the cinema anymore but on t

watching you know it is from growing and the stick shown to the moments of business update with kate ferguson and over that you can get all the latest news and information on the mountains had to a website. dot com rock on to help with the entire thanks for spending part of the to. combating the corona pandemic. where does research stand. and what are scientists learning. background information and. our corona. covert 19 special next on w. i was issued when i arrived here i slept with 6 people in a room. it was hard i was free. i even got white hair. learning the german language. this gets me and pick up a notch maybe to interrupt it's the thing you want to do their story my parents are fighting and reliable information for margaret. how dangerous is the air around us. every time we speak every time we laugh or sing . we admit it's particles and once they're there they linger we know that this is a key way that corona virus can spread. scientists are still sussing how dangerous these doses of airborne virus can be and what we can do to avoid them. opening a window is one way to keep their fre

this is the business i'm kate ferguson thanks for joining me. we begin in china where the latest trade figures suggest the economy may be returning to pre pandemic levels of strength imports and exports both rose significantly in that september car sales to have been preventing the biggest come as the country appears to be bringing that corona virus under control thanks largely to white specks testing. these people are among 3000000 authorities say they have tested for corona virus in the city of qingdao in the last few days alone. it took just 12 confirmed cases to prompt the massive campaign that helps explain why new chinese infections remain extremely low and why its economy is powering into the post pandemic period quicker than most. from whom china had major strategic achievements fighting the epidemic its production was the 1st in the world to be restarted and has successfully filled the global supply shortage of one surprising reason for cheers the country's car sector car sales in september jumped 13 percent from this time last year the

that scenes from lagos nigeria next up is kate ferguson that with your business so you're watching you know when he's from berlin and while our rock on behalf of all of us thank you for watching see you again at the top of the hour. it was the 1st international tribunal in history. bloomberg trials. 75 years ago high ranking officers of the nazi regime of origin by the allied forces. were the 1st criminals to be held accountable for their crimes.

this is the domain of business i'm kate ferguson thanks for joining me the united states has filed on trust lawsuits against google accusing the company of illegally using its market power against its competitors the government says google has bought its success by paying mobile phone makers and others to make it the diesel to search engine it's the biggest challenge the u.s. has launched against a tech company since a lot to mark ace against microsoft back in 1998 let's talk to the financial correspondent to in new york know how yes this is a pretty big deal what's behind this lawsuit. you know well i mean the whole lawsuit to was about one year in the making and the big question is if google actually violated antitrust laws here in the united states google is self is saying is that it's not forcing anybody to use their search engine or do advertising with google on the other side there is this claim that the search engine is pre-installed and that many devices and just sort of one of the reason so that this might be a blocking competition and was that at the end also innovation and

to date now you're watching get over it is for real and coming up next the business news with kate fergusonq and violent thank you for joining us. why are people forced to hide in trucks. there are many recent posts. there are many answers. if. and there are a.

afy birthday mr fan a stick around my colleague kate ferguson we'll have your business headlines a coming to break up in just a moment. thanks for spending time with us. it was the 1st international tribunal in history. trials. 5 years ago high ranking officers of the nazi regime warning judging by the allied forces. were the 1st criminals to be held accountable for their crimes.

of africa has 20 billionaires and for more on this i'm joined now by my colleague with business kate ferguson she's already at the table kate good to have you with us. why is it that the rich are getting richer and should we be concerned that this is happening this isn't really a new trend at all the rich have been getting richer and the poor poor for quite some time now and there are a couple of reasons for this one of them is that over the past few decades and this is a global trend the rate of talks of the super wealthy in paying has actually fallen and the argument for this is that it boosts innovation and it creates jobs but the effect is that these super wealthy individuals have a whole lot of money to play with and what do they do with that money they put it into the stock market often investing it in risky but high yield offsets that you or i would be too sensible to invest in but that means that they just keep keep getting wealthier and wealthier and i think the effect of that is that what happened to the stock market has a one on one relationship to what's happening to billionaires

of business i'm kate ferguson welcome to the show. the united states says it will remove sudan from a list of state sponsors of terrorism on the condition that country pays 335000000 dollars to american victims and their families the move could prove a major boost for the sudanese economy and they bring the country to access foreign loans and investments many in the capital khartoum see moves by the u.s. to ease tensions as a great opportunity for sudan the north african nation status as a state sponsor of terrorism meant sudan was isolated internationally and margin in economic slump because of tough u.s. sanctions now it has become much easier for international companies and banks to resume doing business in sudan. very important step that sudan has been waiting for for a long time it's negatively affected sudan and it's reflected in the citizens salary . that. we're optimistic about this decision as a kid sudan a new horizon an awakening and pushes us forward and we must take this decision into consideration not commit any mistakes

this is the delta has those i'm kate ferguson thanks for joining me . we begin with a development in the race to develop a covert 19 vaccine german biotech company cure a box says the vaccine it is working on has shown promising a new responses in clinical trials on animals the company which is backed by the bill and melinda gates foundation is currently conducting tests on humans and is expected to publish initial data soon shares in the company were several percent up on the news. well let's go straight to the financial correspondent in new york hi yes no cure back went public in the u.s. in the summer it's promising an affordable vaccine but surely it must want to be meeting demands of investors as well. sure investors one cash there shoot out about it i remember the i.p.o. where we are well i was there we fording on times square from not start so that's the tick exchange where kubrick did go public but also the company is getting money from the german government for instance they received a grant in the amount of $300000000.00 and if the visine shou