toyota. it is sounding bullish and has raised its annual net profit forecast reporting strong sales in all regions. the global shortage of semiconductors has eased and the car giant says it s on course for a record net profit this financial year of $30 billion. many car makers struggled because of a global chip shortage caused by increased demand and disrupted supply chains during the covid pandemic. toyota has also faced a safety test certification scandal at one of its major subsidiaries, daihatsu, which has led to production shutdowns at several factories. joining me now is anna marie baisden head of autos & infrastructure at fitch solutions. good to see you. when you look at the facts, the numbers and projections, it is looking very strong, but you read between the lines. tell us what we need to know. i the lines. tell us what we need to know. ~ ., , , ., the lines. tell us what we need to know. ~ . , , ., to know. i think, as you said, it is very to know. i think, a
coming on the programme this evening. what can you tell us about kevin s state of mind at the moment and where he is being held? 50 he is bein: held and where he is being held? 50 he is being held at and where he is being held? 50 he is being held at the and where he is being held? 50 he is being held at the prison and where he is being held? so he is being held at the prison in and where he is being held? so he is being held at the prison in moscow, | being held at the prison in moscow, the fsp s mean prison. we have. he is doing as well as can be expected, from what we understand commits 100 days as of today that he has been detained. he receives letters and care packages from his family and friends from all of us in the newsroom as well. he reads a lot, he s able to write back out, he has some personal items, but he is in a small cell with a cell mates, so clearly it s a difficult situation for him. . ., clearly it s a difficult situation for him. , , ., clearly i
$55.8 billion. that was the record pay day for elon musk in 2018. but today a judge in the us state of delaware said it should be scrapped. the pay deal was the biggest ever in us corporate history and propelled mr musk to the top of the list of the world s richest people. butjudge kathaleen mccormick said the payout was unfathomable . and could put his title as the world s richest man at risk. figures from bloomberg and forbes suggest his net worth is between $198 billion and $220 billion. the pay was from his electric car company tesla and was linked to performance targets, such as tesla s share price and profitability. and if you look at that measure well, the value of the company did soar, topping $1 trillion in 2021, up from $50 billion when the pay deal was originally negotiated. mr musk sold a large chunk of tesla to buy twitter. meaning how owns around 13% of the electric carmaker. cancelling his pay deal means he also misses out on more than 300 million tesla sh
as the difficult post covid recovery continues to weigh on demand. so that s the picture on the factory floor when it comes to what consumers are facing when buying goods and services the consumer price index was unchanged year on year, compared with a slight gain in may, the slowest pace since february 2021. the us treasury secretary janet yellen has just left beijing following a four day visit in an attempt to bridge us china trade relations. she told reporters just before leaving china that despite significant disagreements, the relationship between both countries was moving towards a surer footing. my my purpose is to make sure that we do not engage in a series of unintended escalatory actions. that will be harmful to our overall economic relationship. with one another. and we have had very little contact, both senior officials and also just the american people and the chinese people, have had very little contact with one another over the last several years. in part