a happier new year: after months of covid chaos, can china s economy pull a rabbit out of the hat? hello there. we start in the swiss ski resort of davos, you know what, stay. stay with me. sometimes, this happens. just to prove it is live. chuckles. we will talk about what keir starmer is talking about. the opposition labour party leader. he has very much been sweet talking the elite, the top bankers at the world economic forum. he has been reassuring the financial elite that labour is pro business and pledging to do more to attract foreign investment into the uk if they win power next year. labour points to un figures, showing the uk s share of world foreign direct investment has declined since the conservatives came into government in 2010 from 8% tojust1.7% the lowest since records began. that s according to the un figures. the bbc s economics editor faisal islam reports. at the world economic forum, some of europe s top bankers and ceos assembled to meet the leader o
revenue as we progress through this ear. 3 ., , this year. it s really interesting. - this year. it s really interesting. ted - this year. it s really i interesting. ted saran this year. it s really - interesting. ted saran das this year. it s really interesting. ted saran das has this background in original programming and you seen the likes the harry and meghan series ringing more people back to netflix ted sarandos. but greg peters has been instrumental in diversifying this revenue streams. looking ahead to this add launch, anything i could for how successful do you think it will be question for one thing that pries me was they wanted to talk about a longer term target of about 10% of revenue. i think that s much lower than perhaps some analysts predict that. it would account for about three or three and a half billion annual revenue from advertising on the current total so modest ambitions over the long term. they did admit to some early teething problems, particularly around
succession plan that has been years in the making. under his leadership, netflix grew into an industry giant that basically forced other media companies to build their own streaming offerings. after 25 years, reed hastings now wants to move his efforts towards philanthropy and being a bridge between the company and the board of directors. really interesting! let s speak to guy bisson from ampere analysis in los angeles. guy, how big a hole does reed hastings leave behind for these two co ceos? i think both the co ceos are already experienced, ted saran das was already co ceo with hastings and greg peterson stepping up from chief operating officer role so they are certainly capable of managing the company but of course when there is any regime change at a company like this, it s going to send some market