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Transcripts For BBCNEWS World Business Report 20240706

so we start in the us, where, as you ve been hearing, the world s biggest entertainment company, walt disney, is axing 7000 jobs as part of a cost cutting drive. it comes as the company revealed the first fall in subscribers to its streaming service, disney+, since it was launched more than three years ago. veteran ceo bob iger has returned to run the company again after its shares lost almost half their value last year, as michelle fleury reports from new york. this is ceo bob iger s first set of results since returning to the company in november, attempting to revive the storied brand and cement his legacy, he said disney was embarking on a significant transformation, putting creativity at the heart of everything it does, while announcing the elimination of 7000 jobs as it seeks to trim costs by $5.5 billion. his comments point to the future, but results showed the mouse house performed better across a number of areas in the last months, compared to the dismal showing that

Transcripts for BBCNEWS World Business Report 20240604 05:47:00

military assistance. to the uk now, and plans to boost international trade, amid criticism it has been damaged by leaving the european union. this week kemi badenoch was appointed business and trade secretary as part of a shakeup of government departments. today she begins a two day visit to mexico. the uk is in talks tojoin the cptpp or trans pacific partnership, mexico is a founding member of the bloc that also includes australia and new zealand, as well as the likes of canada, japan, malaysia, singapore and vietnam. mark 0stwald is global strategist at adm investor services here in london. nice to see you again. it is a bloc, a lot of countries in the bloc, a lot of countries in the bloc, a lot of countries in the bloc, this bloc, a lot of countries in the bloc, a lot of countries in the bloc, this has bloc, a lot of countries in the bloc, a lot of countries in the bloc, this has to bloc, a lot of countries in the bloc, a lot of countries in the bloc, this has to be bloc, a lot of c

Transcripts for BBCNEWS World Business Report 20240604 05:48:00

with them at. japan, australia, zealand, so the significant part is really more to do with mexico and latin america. but if we look at it in population terms relative to the world, this is a block of 555 million people and the global population is 8 billion so it really sort of emphasises, it is a small win, so that is a positive, if the results come. 0n the other hand, it s not really going to make a huge amount of difference to uk trade. , ., trade. and it is about the results. trade. and it is about the results, isn t trade. and it is about the results, isn t it? - trade. and it is about the results, isn t it? it- trade. and it is about the results, isn t it? it is- trade. and it is about the i results, isn t it? it is about any deals that are down eventually and the devil in the detail and quite often for example, ourfarmers here in the uk in recent deals with australia and new zealand feel that they ve actually lost out, they haven t gained? yes indeed and that is they hav

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