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Transcripts For BBCNEWS Talking 20240705

to talking business weekly with me aaron heslehurst. let s go and to talking business weekly with me aaron heslehurst. let s go and take a look at what was on show. the show. the saudis are splashing out on sport. golf, football and boxing a role being pumped with cash but what does this middle eastern moneymen for the business of sport? qatar, bahrain and the uae of also bending the sporting establishment, but is it s about the speech, profit or trying to take the focus away from human rights concerns. upending the sporting establishment. i will discuss all of this with these two. there they are. leading expert on the links between sport and politics and top your spot investor he thinks there s millions to be made for a plane for profit. also on the show, i m going to catch up also on the show, i m going to catch up with the man he puts the big deals together for boxes such as anthonyjoshua and jesus rodriguez and asking how saudi arabia s vast oil wealth in shaping the p

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Transcripts For BBCNEWS Talking 20240705

wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, eye watering sums of money are being thrown at sports all over the world, but it s the middle east that seems to be doing most of the buying. and saudi arabia in particular. whether it s in football, golf, formula 1, boxing or cricket, billions of dollars are flowing in. so what impact is it having on the business model that has allowed these sports to become, well, some of the world s most popular forms of entertainment? just a few weeks ago, saudi arabia s sovereign wealth fund known as pif, agreed a deal to merge its live golf series with the us and european tours. the saudis, they re thought to be pumping in $3 billion. it ll bring their acrimonious rivalry, including lawsuits, to an end. football, it s also seen an influx of saudi cash. back in december, cristiano ronaldo signed for al nasr for around $220 million a year. it does include commercial activitie

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Transcripts For BBCNEWS Talking 20240705

to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. the saudis are splashing out on sport. golf, football and boxing are all being punched with cash. but what does this middle eastern money mean for the business of sport? qatar, bahrain and the uae are also upending the sporting establishment. but is it all about prestige, profit, or trying to take the focus away from human rights concerns? i m going to be discussing all of that with these two. there they are. a leading expert on the links between sport and politics, and a top us sports investor who thinks there s millions to be made from playing for profit. also on the show, i m going to catch up with the man who puts the big deals together for boxers such as anthonyjoshua and jesse rodriguez. i m going to ask him how saudi arabia s vast oil wealth is reshaping the prizes on offer in his big money sport. wherever you rejoining me from around the world, once again, a big hello

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Transcripts For CNNW Early 20240705

there will likely now be multiple investigations. paula newton is joining us live from halifax. and what will investigators focus on now? reporter: they will focus on whether or not this was a catastrophic event that entailed just one thing going wrong or if this was multiple things given the strain on that vehicle. remember, we had heard that there were quite a few successful expeditions to the titanic wreck, was there stress put on the titan which then because it was largely unregulated wasn t tested going through the motions. you ve had so many people weigh in on this and one is james cameron who he himself has been to the wreck of the titanic and other deep sea explorations. listen to him now. i think there is almost a surreal irony. the titanic sank because the captain took it into an ice field on a moonless night with poor visibility after he had been repeatedly warned by telegram, by are a during t b are a during the day that that is what was ahead. and so a p

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Transcripts For BBCNEWS Talking 20240705

a furrow in technology at the top of their fields. and there s no escaping it. artificial intelligence is everywhere. the past year has been a turning point for al, especially generative ai. that s the tech that creates human like text or imagery based on user prompts. chatgpt was launched in november 2022 and is now widely used. but in march of last year, elon musk was one of many leading figures who warned that it could pose a profound risk to society and humanity. however, it s now common in consumer products, including in the tesla self driving cars sold by mr musk, and it s increasingly used by businesses to in their own operations. so here we ll explore the impact of a.i. on some of the world s biggest businesses. and i ll be checking out what catches my eye on the convention floor. is it a bird? is it a plane? no, it s xpeng aerot flying car. and to find out more about it, i m joined by brian gu, president of xpeng. thanks so much forjoining us. who is this for? well,

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