Mcdonalds says its aware of a Technology Outage impacting restaurants, and that the issue is being resolved. They said its not related to a Cyber Security event. Joining us now from new york is michelle fleury. Not michelle mcfleury as i would be tempted to say in other circumstances. What is going on . Restau ra Nts Restaurants have been affected overnight and it seems to be able to play a big issue in bangkok, australia, also where you are in the uk and ireland. Some stores had to close reportedly because the it systems went down, people were not able to order because of the touchscreens are not able to place mobile orders. In some cases they went back to pen and paper to take orders and that old thing of accepting cash. All of this has been accepting cash. All of this has been a black eye for the chicago based company who have come out and said it is not related to a Cyber Security attack but they have not given any more details about what caused the outage. They said in a statemen
To the deflationary spiral however now because theres a strong trend of Wage Increases, Finance Minister Shunichi Suzuki says its over. Joining me now is seijiro takeshita, whos a professor at the university of shizuoka. Thank you for being with us today. Talk to us first of all, this is a pretty unique set of circumstances that japan has pretty unique set of circumstances thatjapan has been pretty unique set of circumstances that japan has been through for the past generation. It is todays Declaration Calls for celebration . Yes, i would think so. Concerning the fact that for two decades, we havent seen any wage rise. Where the only country to do that. There are a lot of recurring profits, bits nine redeeming to their employees. This is, in that sense, a remarkable change. In most of the estimates, there were around 4 , but now its been reported to be around 5. 2, exceeding expectations. fist been reported to be around 5. 2, exceeding expectations. Been reported to be around 5. 2, ex
Report. Feast or famine . Its budget day in the uk, with the chancellor poised to deliver an upbeat speech. But how much money has he got to hand out and who will get it . And what does the boss of Renault Nissan think about brexit now . He gets a grilling from simonjack at the Geneva Motor Show. Welcome to World Business report. Im sally bundock. Also in the programme, a Chinese Telecoms Company gets slammed with the biggest fine ever by the us for braking Sanctions Against Iran and north korea. Rico has more on that. But first the chancellor of the exchequer, or uk finance minister, will deliver the countrys final budget before the government triggers article 50 and britain begins its negotiations to leave the european union. Despite the ongoing uncertainty over brexit, Philip Hammond received an Eve Of Budget Boost from the organisation for economic co operation and development. It now expects growth in the uk of 1. 6 this year, up from its previous estimate of 1. 2 . In theory this
Its a 2 trillion business that just keeps accelerating. But is the global car industry changing gear fast enough . We report from the new York Auto Show. Plus, airbnburglary the home rental giant says its tightening security after users advertised their homes, which then got robbed. We have a special investigation. Welcome to World Business report. Im aaron heslehurst. We have got that friday feeling which means it is good friday which means you are probably not watching you are probably in bed if you are watching, i have an exciting snapshot for all of the news for you, will start in new york with annual auto show opened its doors the public. The car business had a bit of a bumpy ride during the financial crisis but today, its bigger and more profitable than ever. Let me show you how big. According to the swiss bank ubs, the global Auto Industry is now worth this. Over 2 trillion a year. Thats more than the entire economy of italy or brazil. And heres why last year, more than 88 milli
"We have hundreds of very different semiconductors in our cars," Maxime Picat, Stellantis chief purchasing and supply chain officer said in a statement. "We have built a comprehensive ecosystem to mitigate the risk that one missing chip can stop our lines."