To stop that co2 from being released into the atmosphere, either by re using it, or storing it underground. Take this gas fired Power Station, for example. As the natural gas is burned to generate power, the Carbon Dioxide is separated out from it. Its then diverted via another pipeline and stored underground. If the Acorn Project it is given the go ahead, waste c02 will be piped from Central Scotland here to st fergus using old pipelines. Refineries at mossmoran and grangemouth, as well as a new Power Station at peterhead, have already signed up. And experts and Policy Makers say the technology is vital to meeting net zero climate targets. Bbc scotland reporter ben philip is in aberdeenshire where the acorn Carbon Capture and storage project is based. Hejoins us now. Just take us through exactly what has been announced today for that area. ~ ~ , has been announced today for that area. ~. , ,. , area. Well, lucy, weve been hearing from the premise area. Well, lucy, weve been hearing
those the 2024 presidential ballot. counting has begun ir after those counting has begun in pakistan after a campaign marred by violence. president zelensky fires the chief of the army. a new study suggests erectile dysfunction drugs could also reduce the risk of alzheimer s disease. let s round up the business news of the day. we start with the entertainment giant disney whose share values have climbed by nearly 10% today after better than expected earnings were posted after the bell on wednesday. disney followed up with hand outs for investors in the form of share buy backs and bigger dividends. along with a number of major deals and upcoming events that clearly has markets excited. erin delmore is in new york for us. first of all, those investors will be pretty happy today, won t they? they well and they will be even happier if they check the stock price is right now. what is this news based on? a great earnings report yesterday from disney and from good news for inves
quite good value for money and people think i am insane for saying that but what other eventin saying that but what other event in the world have you got where everybody is watching the same thing at the same time and everybody is talking about the adverts? good to have you with us. let s talk business with me, sally bundock. we start with walt disney because the century old entertainment giant is battling to turn itself around in a fast changing world. disney s shares have lost over half their value since 2021, wiping out around $200 billion, on concerns it s not adapting fast enough to our changing media habits. some shareholders are pushing for disney to be broken up. on wednesday, disney came out swinging, with better than expected numbers and handouts to investors in the form of share buybacks and bigger dividends. it has also announced a big move into the gaming world, buying part of fortnight publisher epic. erin delmore has more. disney says it s on pace to bring in m
crash hitting demand for goods and pushing down prices. joining me now is mark williams chief asia economist at capital economics. these figures will not make for welcome reading once again. just looking at the stats there, the biggest contraction since 2009. why? critics succes what is going on here is yellow let s start with. the weeks ahead is yellow let s start with. the weeks ahead of is yellow let s start with. tue: weeks ahead of chinese is yellow let s start with. tte: weeks ahead of chinese new is yellow let s start with. he weeks ahead of chinese new year, is yellow let s start with. me: weeks ahead of chinese new year, we often see quite big changes in prices in china. that s probably tucked down the date forjanuary a little bit but the big picture is that china has been in deflation for a while. that is pointing to widespread weakness in the economy. there is a lack of confidence there and it is notjust consumer prices that have been falling, we have also b
some trading restrictions put on the market three days ago. we had a situation already where sentiment has been weakening since about mid january on the lack of stimulus measures by the government. so after the last inflation numbers, so we could have an overreaction, but then again the trading restrictions being what they are right now it s very hard to play out the numbers especially with ten days of holidays coming up after tomorrow. days of holidays coming up after tomorrow. , ., ., after tomorrow. yes. so what do ou think after tomorrow. yes. so what do you think the after tomorrow. yes. so what do you think the reaction after tomorrow. yes. so what do you think the reaction from - after tomorrow. yes. so what do you think the reaction from the l you think the reaction from the chinese government is going to be then to these numbers that are worst than expected? i think because of the holiday period, they may be buying themselves a few days to think about what to do