of this fiscal year. the news comes as pressure mounts from an activist investor who s been critical of the company, including its disappointing stats at the box office. the company also narrowed its losses specifically in streaming. disney plus increased prices this fall and lost subscribers over that. but because each subscriber is paying more for the service, its average revenue per user went up. disney plus is streaming offerings include espn plus the focus of a lot of attention this week. the company announced earlier this week that it s partnering with fox and warner brothers discovery to launch a new sports streaming operation with espn this year. and ceo bob iger said wednesday that the company is taking a $1.5 billion stake in epic games. it s disney s biggest move in the game space, yet. another focus of attention, disney and politics again after a very public, multi year spat with and lawsuit against florida governor ron desantis, who accused the company of being l
its goal of cutting 7.5 billion by the end of this fiscal year. pressure mounts from an activist who has been critical of the company including its disappointing stats at the box office. the company also narrowed its losses specifically in streaming. disney plus increased prices this fall. the they lost subscribers over that. but because each subscriber is paying more for the service, the average revenue per user went up. disney plus is streaming offerings including espn+. the focus of a lot of attention this week. the company announced earlier this week it s partnering with fox and warner bros to launch a new sports streaming this year and ceo said wednesday that the company is taking a $1.5 billion stake in epic games as disney s big move in the game space yet. another focus of attention, disney and politics again after a very public multi year spat with and law suit against florida governor ron desantis who accused the company of being liberal and progressive. actor gina c
where sentiment has been weakening since about mid january on the lack of stimulus measures by the government. so after the last inflation numbers, so we could have an overreaction, but then again the trading restrictions being what they are right now it s very hard to play out the numbers especially with ten days of holidays coming up after tomorrow. yes. so what do you think the reaction from the chinese government is going to be then to these numbers that are worse than expected 7 i think because of the holiday period, they may be buying themselves a few days to think about what to do. it s really a demand side issue with them. as we saw with the alibaba earnings, people don t have the confidence right now to spend or take on debt. all of the measures we have seen so far have targeted the supply side, increasing loans, increasing liquidity. these are not enough. investors want to see some job creation type of investments, some reduction in some of the maybe the bureaucra
late on sunday the us national transportation safety board or ntsb confirmed the part had been found by a member of the public in his backyard in portland. i am excited to announce that we have found the door plug. thank you, bob. i will not give you bob s last name, but bob contacted us at witness@ntsb.gov with two photos of the door plug and said he found it in his back yard. it s the latest controversy to affect the boeing 737 max airliner, since it was launched back in 2015. 189 people died when a 737 max operated by indonesia s lion air, crashed into the java sea in october 2018 13 minutes after take off. then in march 2019 a 737 max operated by ethiopian air went down 6 minutes after take off from addis abbaba killing all 157 people on board. the jet was grounded worldwide for 20 months. a us investigation found boeing had failed in its design and development of the max. us aviation regulators were also criticised. our business correspondent, theo leggett, has b
In iphone sales as customers wait for the ten Year Anniversary phone. We talk you through the tech giants latest numbers. And as the french prepare to make their choice on sunday, we look at the contentious issue of immigration. Welcome to World Business report. Im sally bundock. Also in the programme, the impact of trumps visa Review Infosys says it will hire 10,000 americans. Details in a moment. But first, apple is the worlds most valuable company and it made another huge profit in the first three months of the year. But it was a bit of a mixed bag. The california based firm sold just under 53 billion worth of products as it continues to dominate the smartphone market. But surprisingly iphone sales actually fell by 1 mainly because customers are holding off purchases while waiting for the 10th Anniversary Model expected this autumn. They still sold over 50 million of them though and more of their expensive seven plus smartphone. Apple shares were down 2 in after hours trading but th