Transcripts For BBCNEWS Worklife 20240713 : comparemela.com

BBCNEWS Worklife July 13, 2024

Forjust over 16bn. Pimp my ride. Well tell you about the ethiopian driver whos turned his truck into a three bedroom home. Well hear the remarkable story of the woman who says shes turning cannabis into a source of hope for those suffering illness and pain. Today we want to know is a job for life a thing of the past . New Research Shows the average millennial may have had six jobs by the age of 34. Is this a good thing . Whats your experience . Let us know just use the hashtag bbcworklife. Hello and welcome to worklife. Lets get started. We are focusing on uber. Uber will today discover whether it has received a new licence to operate in london, its largest market outside the us. The company lost its licence in 2017 over Public Safety concerns but has had a number of extensions that have kept it going until today. The stakes couldnt be higher for uber which made a loss of 1. 3billion in its latest set of results. Its also facing growing competition from the likes of kapten, a French Company acquired by german car makers daimler and bmw. It now operates in the uk, france, portugal and switzerland and plans to expand to 15 european cities by 2020. And Estonian Company bolt also has uber in its sights and it is present in 150 cities around europe, africa, asia and north america. Andy cooney is with me now. Hes from croud, a Digital Marketing agency first of all, before we move the ins and outs of uber, do you reckon they will get the licence extended today . I really dont know, i will have to andi i really dont know, i will have to and i would have to be working within tfl to know that but from what i hear, people say possibly not, i saw a Business Group today saying give them the licence but its up in the air and i think there will be some nervous people at obert today. There will be. Times are slightly tough for them to say the least, what do you think happens next . They are in a really interesting position, they focused on growth above all else in a market where people were looking for growth above all else, now the climate has changed, theyve been rocked by controversies and they are losing money hand over fist and they have competitors, like you say, coming in and effectively offering a very Similar Service and its turned into a race to the bottom. Well struggle for them, london is such a big market, i think it would be a real setback for them. Huge setback and at this time of year, presumably they would have to stop operating immediately, that would be thousands of minicabs off the roads of london. Talk is through whatever has been doing to try and i think the ultimate ambition from the ceo is to be the operating system for everyday life is the phrase he used. Integrating things like uber eats, they have jump bikes, integrating things like uber eats, they havejump bikes, uberfreight, uber works, they are matching someone uber works, they are matching someone who uber works, they are matching someone who wants uber works, they are matching someone who wants something to someone someone who wants something to someone delivering something, thats what they can do, they have an offering where they offer different things. But does that work in practice, often you can find companies who take on more than they can handle. Thats the way from some investors. They are spreading themselves across lots of different areas, none of them profitable, they have this target by 2021, can they actually get there or are they spread too thin . I think the ceo himself said they need to cut back and they need to make things more efficient. If it loses its licence in london, no more extensions, what will that mean for uber Going Forward . Will that mean for uber Going Forward . I think it will take another share price had come its already been happening, 36 lower than when they ipo to come and it will be a setback from them, and it will be a setback from them, and it will make them read in other markets. Andy, good to speak to you. Thanks. When we get news from tfl we will make sure we update you. Lets take a look at some of the other stories making the news heres a business story with a bit of sparkle. The worlds biggest luxury Goods Company lvmh is buying tiffany co for more than 16bn. The us based jeweller has suffered falling sales in recent years hit by a strong us dollar and drop in tourist spending. Its the biggest luxury goods deal in history. Frozen two has raked in 127 millon dollars over its Opening Weekend at the us box office. The sequel to the disney hit beat forecasts and the Box Office Debut of the original movie. The sequel also set a november record for an opening of an animated film. Worldwide, it generated over 350 million over the weekend. Tesla has received almost 150,000 orders for its new pickup truck boss elon musk has said, despite an embarrassing hiccup at its launch. Mr musk was caught out on stage when the windows of the cybertruck shattered during a demonstration supposed to show their durability. Going back to the frozen story, my kids went to watch it over the weekend. Your thoughts . Good, kids went to watch it over the weekend. Yourthoughts . Good, but not as good as the original. I got out of it, my sister took them. I let it completely go but i will take them again. Interesting. Will your daughters be getting a singing doll for christian for christmas . Mummy is being a scrooge. They will get something. We must move on, otherwise we will run out of time. Indian mobile Payments Firm paytm has raised 1bn in a funding round including investment from Chinas Alibaba and japans softbank. Monica miller is in mumbai tell us more. Its chief executive earlier today said that this chunk of change will allow them on a new journey and thats going to take them into rural india, where these platform Digital Payments are far and few between. This will set over the edge with the amount of money and whats interesting, they are not and whats interesting, they are not a stranger to and whats interesting, they are not a strangerto indian and whats interesting, they are not a stranger to indian companies. They invested in flip cart, and amazon here, a Massive Company and that was bought by walmart last year for about 16 billion. There are hurdles that they have to face, including some stiff competition from amazon pay and google pay but as we can see with these type investors, they certainly see a good deal is to be had. Thank you monica. Looking at the markets today in asia, positive day interesting to see the hang seng up day interesting to see the hang seng up one and a half percent, elections, Regional Elections today, pro democracy protesters standing in the election doing particularly well. The hang seng 50 years old today, if you invested 15 years ago your return would be 16,700 . Not bad. Lets move on to the european markets. The brand new trading week, positive territory across the board, Global Markets in general are positive because the new music coming from china about trade talks is pretty positive, they take action today which could help knelt down a deal in phase one of trade discussions between the us and china. Sally, thank you. Now to the us, where bargin hunters are at the ready for the begining of thechristmas shopping season. Vivienne nunis has the details. Its thanksgiving week and aside from the spike in turkey orders, that means one thing american shoppers are gearing up for some serious spending, starting with black friday. Deloitte forecasts that holiday sales in the us will increase by 4 5 this year as American Consumers remain bullish about the economy and their household budget. But shoppers could face higher prices as a result of the trade war. Tariffs that came into effect in september impacted 112 billion worth of chinese imports, including consumer electronics. Analysts say shoppers should expect to pay more for laptops, high end tvs, ipods and smart watches, with more tariffs set for december unless a trade deal is reached, shoppers could be out in force, aiming to beat the next lot of price rises. Time now for our daily look at some of the newspaper and website stories which have caught our eye. Joining me is liz alley, director, Brewin Dolphin lovely to have you on the programme. The National Lottery, why are we talking about this . Its 25 years old, we had it for a quarter of a century. I remember when it first started. I remember it well. Iwas ten yea rs started. I remember it well. Iwas ten years old at the time. Started. I remember it well. Iwas ten years old at the timelj started. I remember it well. Iwas ten years old at the time. I wasnt born, actually skim eschenbach camelot, those who run the National Lottery say theyve raised £40 billion for good causes but theres been so many stories since the beginning of the rise and fall of those jackpot winners. There has, absolutely. Numerous stories. People who win the jackpot and go bankrupt within five years. People that get depressed, really fall over having all of that money, they dont know what to do with it, they leave a jobs etc, lots and lots of stories but also on the other side, there are huge numbers of stories of people that have won the jackpot and have gone on to set up charitable foundations and a number of lottery winners are now advisers for new lottery winners. Whats the difference between the ones becomes a curse for and the others its a blessing for, how do they approach it differently, do you think . Potentially, when you have an amount of money you have never had before it can be really difficult to navigate your way through how to handle it. One thing i would always recommend is take some time, take stock, if you had a really big windfall, take some time and think about what you really want to do. Its all very well and good rushing out to buy a car or leaving yourjob but actually, how do you guys fantasise but actually, how do you guys fa ntasise about winning but actually, how do you guys fantasise about winning the lottery . Ido fantasise about winning the lottery . I do that sometimes, is it normal. Fantasise about winning the lottery . I do that sometimes, is it normallj discuss i do that sometimes, is it normal. discuss it at length, i dont fantasise ive discuss it at length, i dont fa ntasise ive got discuss it at length, i dont fantasise ive got a list. Anyway, you can tell ive not one, which is why i am still sitting at this desk lets move on to a story in the metro, job for life, four years will do us, this is millennial is, those who have reached the edge of the report many have had six jobs and we are talking about careerjobs, not waitressing while you are a student or things like that, established jobs, we used to think when we joined a company we are here for a long time. I think weve seen the move away from more of a traditional society, there isnt so much of a need for millennial is now to have a security blanket, they are not getting married is young, having children as young, theres more opportunity to dip your toe as it we re opportunity to dip your toe as it were into different careers. Ive heard its almost seen as not a good thing if on your cv you stay in the same place for more than three yea rs. Same place for more than three years. Ive also heard that. You can ta ke years. Ive also heard that. You can take that maybe with a bit of a pinch of salt. I think you need to give yourself the time to develop. An employer, your currently with, may be the right place for that, maybe before you jump you should have some conversations with your employer. Whats tricky though, if you movejobs often, theres issues like your pension, youve got lots of different tensions with different providers, it can get very complicated. It can, if you had six jobs up until the age of 35 thats potentially six different pension pots you have to keep track of so theres lots of things a play that you should think about before you jump you should think about before you jump ship and its notjust pensions, its other benefits that come with your employment, things like death in service, private medical insurance, they contribute toa medical insurance, they contribute to a positive work life. Ive been here 16 years, you 17. I told everybody i was ten when the National Lottery was launched that is fact is, for the record, i am 47, lets put it out there. Liz, thank you. We are putting a lot out there, but it is monday, liz, thank you. Still to come. Easing the pain. Well be finding out how cannabis can help those suffering with illnesses. Youre with worklife from bbc news. How can you be sure youre not being ripped off on black friday . Colletta smith went to Bangor University to learn how to avoid getting tricked i would agree with that 100 . My brain needs all the help it can get. I always shop at night time in bed. Do you . Definitely not. Youre watching worklife. A reminder of our top story in a few hours from now, uber will find out if its license has been extended to continue operating in london. Now lets get the inside track on cannabis. Most countries prohibit its use for recreational purposes. But theres evidence that Medicinal Cannabis has therapeutic benefits. Our next guest knows all about the industry. Whilst working in canada as a paediatric nurse, she observed some successes using medical cannabis in trials for epilepsy. Those trials came too late for her own daughter, who lost a nine year battle with dravet syndrome in 2003. But it inspired her to get involved in the cannabis production industry. Cannabis entrepreneur Jeannette Vandermarel is the ceo of beleave. Welcome to the programme. We summarised your story a little bit, very sorry to hear, the loss of your only child. Yes, thank you. She was born in 94 and her epilepsy was uncontrolled despite her being on numerous anti convulsants. The drugs we re numerous anti convulsants. The drugs were devastating to her body, they did damage to her kidneys, lungs we re did damage to her kidneys, lungs were severely damaged, her bowels we re were severely damaged, her bowels were suffering. How do you think cannabis would have helped her if she had been able to use that . think, i would she had been able to use that . think, iwould hope it would have reduced procedures, discrete Clinical Evidence to show it works very effectively. But i think it also would have improved her quality of life and she would have had less organ damage because its not a sample to the organs as the other drugs she was on. What happened to her inspired you to start this companies will talk through your journey from that first initial inspiration to where you are today. I was still working as a nurse in the paediatric intensive care unit at mcmaster hospital, around 2009 i started seeing some families using cannabis oil for epilepsy under the conditions relating to cancer treatments and things like that, i was intrigued, still very passionate about epilepsy treatment and the lack of efficacy for most of the current drugs so at the time we didnt have a programme, we had a small medical programme at the time. The government was looking at ways of finding a commercial production scheme for delivering to patients. Id applied as a researcher to do research on epilepsy but two centre that they asked us my husband and i if we would like to go to becoming a commercial producer instead so we found it and we were one of the early producers. This was in canada, cannabis for medicinal purposes was legalised but not recreational, is that correct, when you started . Absolutely, medical only, the medical programme in 2000, late 2018 we actually went to adult Recreational Use or i coloured therapeutic. Have you seen an explosion in demand, one would assume you would and many are looking at markets in europe where its not legal, for example the uk. And that could have massive potential, in canada thats not been the case, has it . It hasnt, cannabis consumers will be cannabis consumers, i dont think weve seen any great increase or uptake in the adoption of cannabis, the biggest area weve seen adoption of cannabis, the biggest area weve seen is adoption of cannabis, the biggest area weve seen is those over 55 and the older market using cannabis for therapies for age related illnesses and pain and sleep. You went on to sell the controlling equity in the green organic dutchman, why . Why did you move on . Its a rapidly growing industry. There is a lot of capital coming into canada and the stock markets were doing well and it was a public trade economy company, i thought about retiring and i couldnt so i found it another Company Called good and green and i merged it into 48 north and became the coat ceo and thought about retiring again in the summer went back and became the ceo at the new company. What people at all might wonder, there are those who understand the difference between recreational and medicinal but there are those who are sceptical about that. What do you say . Are you worried about certain countries and how they might look towards Companies Like this because not eve ryo ne Companies Like this because not everyone is as liberal lets say as canada. I agree but i see cannabis as therapeutic, whether you use it for ms or to relieve pain, i think its therapeutic so the delineation of medical and recreational is challenging. One of the problem is why the industry hasnt grown significantly in canada is partly because of the black market, its so regulated, for good reason. Its very regulated. Also the taxes on your products are high. Much easier to get off the black market and is much cheaper. And we still see the majority of the products sold in canada is black market and we are working hard at that, we had a slow roll out in retail stores. The government has had a taxed and regulated and restricted industry and thats good, but the black market is the biggest competitor and its untested, on quality assured. Do you see for example government policy shifting especially in the united states, some states, three for Recreational Use and certainly for

© 2025 Vimarsana