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Transcripts For BBCNEWS Asia 20240703

Economic concerns. At the forefront, the voice on the torres straight islanders talking about unemployment, how indias educated is still struggling to find jobs. Public spending has been added lowest in the last 20 years as well as inequality has widened to 100 year high. So while on paper, in remains one of the Fastest Growing economy in the world, a fact that the ruling part of the party is looking to showcase as it hopes to come back and regain powerfor a record third time, the opposition is hoping to win on the argument that this development but the rolling bjp has not been enough and has not been for everyone. But test for indias political establishment begins now. In the us, netflix kicked off the Earnings Season for Technology Giants with the report card which meet expectations. The streaming giant added more than nine Women Subscribers in the first quarter, Technology Media analyst Ben Barringer gave us the breakdown. The numbers were strong, generally across the was up 15 , ve

Transcripts for BBCNEWS Asia Business Report 20240604 00:32:00

the numbers were strong, generally across the was up 15%, very strong margin performance, the guide for q2 is also pretty strong, 16%. so this was an excellent quarter, they are also guiding the full year for 13% 15%. the only issue is the stock is off about 4% after hours and i think the real negative there is that expectations for some investors. the other thing that is a slight fly in the ointment is they are no longer going to provide a subscriber guide is an 2025 so that is still three quarters away but some will still be disappointed by that. icon will receive $6 billion from the government to produce advanced memory chips, chuck schumer says the money will be used to expand micron strip facilities, rifle chipmakers in tsmc were recently awarded grants and that helping to

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