Or more children. Also on the programme, japan bites the bullet and scraps ten of its famous high speed trains, damaged by flooding in last months typhoon. And in this age of streaming, well get the inside track on what movie theatres are doing to compete. Does size matter . Well talk live to the boss of imax. So today we want to know, with so much choice at home, including better Home Entertainment systems, what still lures you to the cinema . Let us know, just use bbcworklife. Hello and welcome to worklife. A warm welcome to our new business programme, worklife. Today were focusing on food and the impact our diet has on the planet. A report by the uns food and Agriculture Organisation is expected to confirm that demand for animal based food meat and Dairy Products is becoming unsustainable. The livestock industry has grown around fivefold since the 1960s. Food production and consumption already account for more than a quarter of our carbon footprint. In three decades, the worlds popu
Couple of quarters and believe the short cycle of business are flattening out and do expect their recovery a tale of two banks shares in unicredit and Commerce Bank sinks despite confirmation of prerelease numbers and gaining altitude cost cuts helped lufthansa and they believe they will return to profitability by 2021. Potentially big news china and u. S. Agreed to remove existing tariffs in phases if both sides agree to lift their tariffs at the same time president s trump and xi were supposed to meet in chile before that was canceled. It is agreed they are trying to meet in december reaching a phase one deal that they would have met before host country chile canceled the event due to unrest. That deadline might not be feasible as the two continue negotiating the terms. If the date gets pushed out, that could get pushed out to europe President Trump is expected to attend the nato leader submit in december he has suggested switzerland as the neutral location leaders have reported swit
Marks 30 years since the fall of the berlin wall we look at how my life changed the towns along the form of quarter. What prompted you to be a business i want to johnsonville im glad to have you with us german engineering conglomerate siemens reported a rise in its 4th quarter profit and revenue beating analyst expectations the company said it achieved its 4 year targets for fiscal 29000 despite headwinds from a cooling economy siemens is in the midst of a restructuring process that aims to make the group fit for the future. Siemens chief executive joe kayser has big plans with his vision 2020 plus strategy he wants to make the industrial giant ready for future challenges hes going to do this by splitting it into 3 major units Health Logistics and digitalisation as far as hes concerned the era of large corporations is over britons are him their names concerned. With our corporate concept barking on the biggest transformation in the companys 172 year history this is a significant even o
Financial sector to its part in fighting lemon change. Climate change. A lot of the focus is on trade or what will happen between the u. S. And china. Gold, always a good litmus test for risk. We can see the yield at 1. 85. Stocks gaining 0. 4 . A lot of focus is on earnings. Loose of ex conversation with the commerzbank she chief Financial Officer. Dont miss that conversation after 10 30 a. M. London time. First, lets get straight to bloomberg first word news. In the u. K. , the first cabinet resignation during an Election Campaign in a century. Quit after aretary report that he knew about a former aides role in the collapse of a rape trial. Ae labour party also suffered blow with deputy leader tom watson announcing he will leave politics after 35 years. He has long clashed with Jeremy Corbyn over the direction of the party. Willank of england probably keep rates on hold as brexit continues to plague the economy. It is expected to cut forecasts. Be nexttion is who will to lead the ban
Verdict, all counts. Ignores what was pretty intriguing morning session on capitol hill, the Second Public impeachment hearing. Slugs shrugs it shoulders keeps buying. What do you think . If they dont beat expectations Interest Rates will fall enough to help the downside risk. Worldwide Economic Data is not all that great. The market is very confident that there is some sort of safety net out there, safety net taking form of lower Interest Rates if needed. Neil all right. So if we have the dow flirting with 28,000. Stuart pointing out through the presidency up 10,000 points, is it a rich market through your eyes . Whoever is the white house occupant, for time being is it rich in your eyes . A rich market, from the perspective i would have difficult time telling somebody to go ahead to move into the market. Neil jump in now . Jump in now. I said that a year ago, even before that, and i have been proven wrong. Tough remember, we have Unemployment Rate at 50year low. How much lower can it