For a while yet if in the future at all, pointing to an unstable global Food Supply Pressurised by the war in ukraine. Now the price of food in the uk rose by nearly 17. 5 in the year tojune, which was actually a fall from a high of just over 19 in the year to march, following an overall drop in the wholesale price of food which you can see here peaking when russia invaded ukraine last year. It has been trending downwards. But prices are still much higher than before the war and have started creeping up again. Lets discuss this with Kona Haque Head of reserach at commodities house ed and f man holdings. Good to have you on the programme. Do you agree with the Chief Economist at the Bank Of England that actually high food prices are here to stay . I think at least for the sure term we still have got some pressures that will keep prices elevated. The factors globally, the stocks, global stocks of the stocks, global stocks of the grains, the staples such as grains and oils, and sugar, the
valley, after microsoft incorporated chatgpt into its bing search engine. the company also announced they are unveiling a new folding phone. james clayton has more. this is google s big tech annual jamboree, their opportunity to burnish its artificial intelligence credentials and show off its latest product. since chatgpt was launched by open a i last year, it s been widely regarded that google were caught on the hop, they didn t realise it was going to be that successful and since then they have been playing catch up. this was an opportunity for them to show off its artificial intelligence, but frankly there were no big announcements today. we got a series of iterative announcements regarding a i, for example its flagship chatbot will be rolled out across 118 countries and territories, and they also announced a partnership with adobe to create an image generator that will connect in. plenty of other announcements, for example a new phone that is foldable at the cost of $1800
hybrid work scenario, and - work scenario? we do have a hybrid work scenario, and it i hybrid work scenario, and it works very well, for everyone there is a certain amount of challenge. and it is the fact you are not seeing people every day, there is and if you want to call it, the water cooler in the kitchen making coffee things. there is not. which sometimes a lot of things get donein sometimes a lot of things get done in the office that way. sorry to interrupt you. 41 it has been under mounting pressure because everyone has caught up with zoom since the pandemic companies like microsoft upgrading all their video offerings and if you look at zoom as a company its growth has slowed sharply since the pandemic? pandemic? yes, that is unsurprising, pandemic? yes, that is unsurprising, on - pandemic? yes, that is unsurprising, on the i pandemic? yes, that is i unsurprising, on the other pandemic? yes, that is - unsurprising, on the other hand it also has grown itself in terms of whe
more. disney said losses totalled $659 million. i more. disney said lossesi totalled $659 million. an improvement from a year earlier. the progress was largely down to price increases introduced last december. since his return as chief executive, bob iger has made restoring profitability with online video offerings a top priority. during a call with investors, he said it was on the right path to streaming profitability, even with the writers strike going on right now. when it launched in 2019 disney plus enjoyed explosive growth, but costs also ballooned. by spending less on bringing in new customers, disney is making more money off each one, but subscriber numbers have fallen. the service has roughly 158 million subscribers around the world, down 2% from december, with most of the law is coming from ultra low price subscriptions in india. while all screamers face the challenge of how to make money, disney does have a big advantage. theme park, which continue to do very well.
neil: all right. we just offered on our online site to see if any of you wanted to write me or the show, let us know how you feel. you re responding in droves. so some of your more to-the-point points on something that we ll be expanding now on a regular friday segment here that will include whatever video offerings you have or messages that you want to send. i should screen out the nasty personal attacks that i have, but then again, we would have very few e-mails in that event. so you have to deal with that. some doozies coming up soon. stay with us. did you know you can go to libertymutual.com to customizes your car insurance so you only pay for what you need? really? i didn t aah! ok. i m on vibrate. aaah! only pay for what you need. liberty. liberty. liberty. liberty. sometimes you wanna go where everybody knows your name