talking business. hello, everybody! a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. shipping gets stuck in the slow lane. how much damage will be caused by the red sea attacks forcing global trade to take the long way around? the global economy relies on all our stuff being moved across the oceans. but, are 150 years of progress being undone by an unprecedented threat to shipping? i m going to be discussing all of that with these two, there they are. the big boss of the world second biggest shipping company, denmark s maersk, who tells me that consumers are already feeling the effect with higher prices. and the boss of the un s international maritime organisation, who will fill us in on what needs to be done to keep the oceans free for global trade. plus, big bucks for the big stage the man who runs the world s biggest brewer, the giant behind budweiser, corona and stella tells us why he is spending h
and the boss of the un s international maritime organisation, who will fill us in on what needs to be done to keep the oceans free for global trade. plus big bucks for the big stage the man who runs the worlds biggest brewer, the giant behind budweiser, corona and stella tells us why he is spending hundreds of millions of bucks on the olympics and why he s not worrying about shipping delays. wherever yourjoining you from around the world, once again, a warm welcome to the show. you know, just when the global economy thought it was getting over at the shocks of the pandemic, russia s invasion of ukraine and the inflation that followed, up pops another major challenge. this time the shipping industry is quite literally under attack like never before, and it is causing growing disruption to the global economy. diversions and delays are threatening to push up prices once again. the crunch point is the red sea. it s a conduit to the suez canal which, since it opened more than 15
the turkish city of antakya is one of the most severly damaged, with some of the country s significant historic monuments lying in ruins. now on bbc news, talking business. hello, everybody. a warm welcome to talking business weekly with me, aaron heslehurst. on the show, the windfalls of war. $200 billion, the total amount of profit taken last year alone by the world s major oil companies. president biden and other world leaders are accusing the oil companies of war profiteering at a time of a cost of living crisis not seen in a generation. instead of reaping the cash and paying much of it out to shareholders should big oil be pumping it back into exploration, or even into the great energy transition? i will be discovering all of that with these two. president of energy policy research foundation, club. also, clothes, food, tv, much of the energy that you use, all brought to you by a ship. i will be taking the pulse of the industry with the big boss at the head of the world
tesla is recalling over 350,000 of its us vehicles to update its full self driving beta software system. this, after regulators said it did not properly adhere to traffic safety laws. tesla will now release a free update for the system. but as my colleague samira hussain explains, the full self driving beta software is a big part of tesla. this self driving technology for tesla is a big part of its business plan. it s what tesla and elon musk has been pushing and elon musk has been pushing and they believe it is the absolute future. elon musk has also said this self driving technology is better and in many cases safer than just regular drivers. but what tesla has shown is there has been incidents in which some of these technologies have caused accidents. while in this particular software update instance, they are saying that, look, what we are doing is to try and get this update to happen because there could be some issues when going through traffic, circles, going through in
and paying much of it out to shareholders, should big oil be pumping it back into exploration, or even into the great energy transition? i will be discussing all of that with these two. president of energy policy research foundation, and senior director of energy campaigns for the sierra club. also, your clothes, food, tv, much of the energy that you use, all brought to you by a ship. so i will be taking the pulse of the industry with the big boss at the helm of the world s biggest shipping company. wherever you are watching, hello, and welcome to the show. 2022 was a tough year for the global economy. just as we began to see the green shoots of recovery from the covid pandemic, russian tanks rolled into ukraine, throwing europe into armed conflict for the first time in over two decades. it s a strategic hotspot, a country with close links to the east and the west, and essentially a buffer zone between russia and its nato adversaries to the west. and because of western sancti