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Transcripts For BLOOMBERG Bloomberg BusinessWeek 20171021

Carol we are here with the editorinchief megan murphy. In the business section, we take a look at japanese manufacturers, long felt in all held in awe for their practices but those practices now in question. Megan a steel manufacturer has been showing to use falsified specifications and companies that they had products that they have shipped. The scandal has drawn up, this broader issue in recent years, going back to olympus. We have had these Japanese Companies rocked by abuse scandals and what mystery delves into is what are the pressures on these manufacturing companies. The backbone of the country. Why are they being forced into these kinds of scandals . What is the pressure . And the answer is tried up. Julia four cost answer is china. Julia for cost reasons but also for whistleblower laws. Megan every scandal at a Japanese Company when it breaks, we are familiar with the public apology and public humiliation, Company Officials bowing and being contrite. It is such a part of the c

Transcripts For BLOOMBERG Bloomberg BusinessWeek 20171022

For their practices but those practices now in question. Megan a steel manufacturer has been showing to use falsified specifications and companies that they had products that they have shipped. The scandal has drawn up, this broader issue in recent years, going back to olympus. We have had these Japanese Companies rocked by abuse scandals and what mystery delves into is what are the pressures on these manufacturing companies. The backbone of the country. Why are they being forced into these kinds of scandals . What is the pressure . Answer is china. Julia for cost reasons but also for whistleblower laws. Megan every scandal at a Japanese Company when it breaks, we are familiar with the public apology and public humiliation, Company Officials bowing and being contrite. It is such a part of the culture that when you make a mistake you will not do it in your almost never heard from again. Executives are pushed out and the whistleblower law is vetted to this because people feel more dutybo

Transcripts For BLOOMBERG Bloomberg BusinessWeek 20171022

Manufacturers, long felt in all for their practices but those practices now in question. Megan a steel manufacturer has been showing to use falsified specifications and companies that they had products that they have shipped. The scandal has drawn up, this broader issue in recent years, going back to olympus. We have had these Japanese Companies rocked by abuse scandals and what mystery delves into is what are the pressures on these manufacturing companies. The backbone of the country. Why are they being forced into these kinds of scandals . What is the pressure . Answer is china. Julia for cost reasons but also for whistleblower laws. Megan every scandal at a Japanese Company when it breaks, we are familiar with the public apology and public humiliation, Company Officials bowing and being contrite. It is such a part of the culture that when you make a mistake you will not do it in your almost never heard from again. Executives are pushed out and the whistleblower law is vetted to this

Transcripts For BBCNEWS BBC News At Five 20200108

Iran should not repeat these dangerous attacks but instead pursue my i look back on it as a big part of my life. It changed me, in a way. Urgent de escalation. It changed me, in a way. And he brought world well have the latest from iraq, leaders to their feet washington and westminster, during the d day commemorations. As the president calls we look back on the life on britain to pull out ofjohn jenkins, whose funeral took of the Iranian Nuclear deal. Place in portsmouth today. The other main stories on bbc news at five. Elsewhere in iran, mystery surrounds the crash well start with some breaking tributes have been paid news in the last 20 minutes to the three british men who are among the dead. With James Anderson ruled out of the rest of englands test series in downing street, its all smiles in south africa with a rib injury. As borisjohnson welcomes patrick geareyjoins me now. The new eu commissioner, despite her saying that a trade patrick what more can you tell us. Deal by the end

Mickoski: Ministry reorganisation is required for effective government and reforms