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Transcripts For BBCNEWS World Business Report 20240706

we speak to the swedish company aiming to make freight more electric and looking to the uk market. the sacked boss of the cbi has told the bbc that he has been made the fall guy for the crisis engulfing the business lobbying group. tony danker apologised to anyone at the organisation that he had upset or made uncomfortable, but said his reputation has been destroyed as the public have wrongly connected allegations against him of sexual harassment with separate charges of serious misconduct that occurred before he joined the cbi. he has been talking to our business editor simonjack. first, simon, iwant first, simon, i want to apologise to anyone at the cbi and i made upset or uncomfortable. that is on me. that is on me. but i ve had a week of coverage saying that tony danker sacked in rape scandal. these stories have been about rape and sexual assault and cocaine and bullying. none of that was anything to do with me and it was all before my time. so, the first thing that has h

Transcripts for BBCNEWS World Business Report 20240604 04:53:00

now we often talk about electric cars on this programme, and certainly in the uk, evs are becoming an increasingly common site. but what about trucks? switching to electric freight isn t as simple as replacing every diesel truck with an electric truck. there are a range of infrastructure components, both physical and digital needed for an effective and efficient switch to sustainable freight. today, einride, a swedish freight mobility company that provides digital, electric and autonomous technology, has announced its expansion into the uk. joining me now is robert falck, ceo and co founder of einride. tell us more, what are you announcing today?- tell us more, what are you announcing today? thank you for hostin: announcing today? thank you for hosting me announcing today? thank you for hosting me this announcing today? thank you for hosting me this morning - announcing today? thank you for hosting me this morning we i announcing today? thank you for hosting me this morning we are

Transcripts for BBCNEWS World Business Report 20240604 04:39:00

three months of the year. this comes as the company has delayed a broad crackdown on sharing of account passwords, and will begin rolling out its options for paid password sharing within the next few months instead. well, let s crunch some of these numbers now with paul verna, principal analyst at insider intelligence. good morning. mixed results, netflix shares went down a bit in after hours trading. what do you make in that trading? i think it was a lacklustre quarter. clearly, investors were expecting more on the subscriber front and even though netflix has tried to shift attention towards revenue metrics, subscribers are still the core of the business. the fact they did not add as many, while it was expecting, it was definitely not something that reflected well on the company and i think it is part of the

Transcripts for BBCNEWS World Business Report 20240604 04:49:00

silicon valley bank and signature bank, with those regional banks we have seen results so far haven t been disastrous, they haven t been the picture of health but they haven t been as bad as expected. as you said with interest rates going up for bigger banks that does help the net interest margin and net interest income which is make on the difference between loans and the money they have on deposit. forthe and the money they have on deposit. for the time being it does seem to be quite a positive i would almost say as far as the bigger banks are concerned. far as the bigger banks are concerned. ., ,, , ., ., , ., concerned. thank you for your anal sis concerned. thank you for your analysis good concerned. thank you for your analysis good to concerned. thank you for your analysis good to talk - concerned. thank you for your analysis good to talk to i concerned. thank you for your analysis good to talk to you, | analysis good to talk to you, have a good day. after 25 years of sellin

Transcripts for BBCNEWS World Business Report 20240604 04:52:00

today, its three main vendors, which employ some 60,000 workers locally, produce almost 7% of the world s iphones in india. apple exported a record $5 billion worth of iphones from india last year. production estimates provided by apple suppliers suggest the company could shift 12 18% of its total iphone assembly operations to india over the next few years. add to the production list air pods, ipods, ipads. if india becomes a much bigger market, it will be making much more sense for apple to produce as much as it can in india what is feasible there and if in the process of doing so, a certain amount of these things happen from china, that can be a bonues. its complete success will depend on how much can it source components locally which will help reduce product costs as well.

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