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Transcripts For BBCNEWS Asia 20240705

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

Transcripts For BBCNEWS World Business Report 20240706

from 62 to 64. and soggy takeaway! how the red hot food delivery market has started to go cold. a lot to talk about, let s get going. we start in the us where a bitter political fight over the country s finances is about to begin. later today, the federal government will hit its borrowing limit agreed by congress far earlier than expected. the figure? an eye watering $31.4 trillion. in the short term, treasury secretary janet yellen will be able to buy some time, using what are known as extraordinary measures, diverting cash to stop the us defaulting on its debts. but congress will urgently have to find a solution and it is more divided than ever as michelle fleury reports from new york. the debt ceiling or debt limit is the legal amount the american federal government is allowed to borrow. it american federal government is allowed to borrow. allowed to borrow. it has maxed it out faster allowed to borrow. it has maxed it out faster than allowed to borrow. it has maxed

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