Transcripts For BBCNEWS Asia 20240702

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it's also investing money in its theme parks, which continued to grow. and new films like the marvels, due out this friday, should help its film studio, which is focusing on making less stuff of higher quality from its existing franchises. still, not all is rosy. for example, disney's abc network and other tv stations saw lower political advertising revenue during the quarter, a decline in ad revenue that has worried investors. and there is still the question, what does disney plan to do with espn, its sports service, which many wonder whether or not it will sell off in the future? on that, mr iger didn't offer much commentary. meanwhile airbnb is losing properties banded the new rules prohibiting short—term rentals. the companies code founder and ceo says travellers have been flocking to newjersey and connecticut instead. he was in the big apple touting metal ones which police and our business correspondent asked him about the changes in store for us and hose.— for us and hose. we're releasing _ for us and hose. we're releasing way - for us and hose. we're releasing way more i for us and hose. we're - releasing way more bookings for us and hose. we're _ releasing way more bookings and jersey city and the parameters in new york city, newjersey, connecticut. i think are what people are saying is they still want to come to know her, they want to come to know her, they want to come to know her, they want to afford to do it or you'll see people travelling. how do you continue and grow and operate in a city like new york where the regulations are limiting short—term rentals? were offering rentals of three days days or longer there is a meaningful percent of our business before, we do offer boutique hotels. [30 business before, we do offer boutique hotels.— business before, we do offer boutique hotels. do you believe that the growth _ boutique hotels. do you believe that the growth of _ boutique hotels. do you believe that the growth of airbnb - boutique hotels. do you believe that the growth of airbnb in - that the growth of airbnb in cities like new york has contributed to harassing service two shortages and rising rents?— service two shortages and rising rents? we don't think that's a case. _ rising rents? we don't think that's a case. i _ rising rents? we don't think that's a case. i don't - rising rents? we don't think that's a case. i don't want l rising rents? we don't think| that's a case. i don't want to say were only part of the solution. i think that one of the important pillars to understand is if you run a technology company and you put a tool in the hands of people that has unintended consequences for that were always try to listen, understand if there is issues and adapt. understand if there is issues and adapt-— understand if there is issues and adat. . and adapt. increasing inventory is aood and adapt. increasing inventory is good for _ and adapt. increasing inventory is good for it — and adapt. increasing inventory is good for it airbnb _ and adapt. increasing inventory is good for it airbnb but - is good for it airbnb but increasing inventory could be bad for hosts who would face increased competition. how do you toe the line between what's good for the company and what's good for the company and what's good for the company and what's good for those? i5 good for the company and what's good for those?— good for those? is not “ust what's good for those? is not “ust was good i good for those? is not “ust what's good for i good for those? is not “ust what's good for the h good for those? is notjust l what's good for the company good for those? is notjust - what's good for the company but what's good for the company but what's good for guests. there are guests in their host. i think the secret sauce of airbnb is to design, find a win—win for the guest and the host if there is not enough homes and prices are too high then we will hear a of issues of affordability. at the same time we want this to make sense. the great thing about our businesses i think there's a way to keep making the market more in the efficiency ghetto win win. from mining mogul to green pioneer. andrew forrest made his billions by founding fortescue, one of the world's largest mining companies, seeing him become one of australia's richest. but now, he says business leaders who don't commit to going green are simply making excuses. he was speaking to nick marsh, onboard the green pioneer, a prototype ship which uses ammonia forfuel, which is part of his ambitious plans to turn the company into a green energy provider. when this massive shipyard on board the fortescue pioneer, the first ship in the world for a mum ammonia feel but won with kinko pollution free. == kinko pollution free. -- ammonia _ kinko pollution free. -- ammonia fuel - kinko pollution free. -- ammonia fuel for - kinko pollution free. -- ammonia fuel for is - kinko pollution free. -- ammonia fuel for is a l kinko pollution free. » ammonia fuel for is a first step in the shipping industry going pollution free. fortescue is a mining _ going pollution free. fortescue is a mining company, - going pollution free. fortescue is a mining company, i've - is a mining company, i've spoken to others who say similar things to you, we need to pivot towards green, we need to pivot towards green, we need to dairy carbonised. the vast majority i two majority of business, how long is it going to take for you to make money out of your green technologies? we're on the road right now to make money out of our green technologies. we have the technology like everyone else in the world. say we want new or different technology is really an excuse for inaction, in excuse for executive laziness. in excuse for executive laziness-— in excuse for executive laziness. �* , ., ., , laziness. there's going to be eo - le laziness. there's going to be people watching _ laziness. there's going to be people watching this - laziness. there's going to be people watching this who - laziness. there's going to be| people watching this who will be sceptical, though say yeah, ok, be sceptical, though say yeah, 0k, more words, more words, what makes you the real deal? i said to everyone, come and see what were doing. i trust more what were doing. i trust more what someone does and what they say. there is no reason for you not to go green. if you are not going green, if you are not naming the date this decade or early next decade you're gonna stop using fossilfuels early next decade you're gonna stop using fossil fuels then probably the reason isn't technology is in character, its conviction of leadership. that's the resource we need now to stop the world destroying itself. what is your date? -2030. let's talk itself. what is your date? —2030. let's talk about the vista decarbonisation and that is the tension between the united states and china and the race for critical materials. as we know, green technologies meet all kinds of critical materials, lithium for example from car batteries, a lot of thatis from car batteries, a lot of that is in australia. there is pressure on certain countries not to do business with china or to preserve their own critical materials for political reasons. is that something that troubled you? how you can navigate back was back we have proposed to india, china and north america at the powerplay, it's a plan to put down all geostrategic weapons when it comes to stopping global warming. when it comes to stopping globalwarming. if you're when it comes to stopping global warming. if you're going to keep them up whether your own political purposes or you might get in economic advantage that you are missing your number one responsibility and thatis number one responsibility and that is to protect and enhance the life of your citizens. that is what i'm putting to china to india, north america. that's what we must do. to india, north america. that's what we must do.— india, north america. that's what we must do. to the travel sector. air passenger numbers have rebounded sharply since covid restrictions were lifted across much of the world last year. but it's taking a little while to filter through to increased demand to planes, as airbus' chief exeutive told the bbc. the data show that we're roughly back to where we were in 2019 and the number of flights, number of passengers. the mix is quite different from what it was in 2019. the traffic has recovered and keeps going. when it comes to our own business which is delivering planes to the airlines, we're not yet back to where we were in 2019. we delivered 860 planes and we were at 660 last year. 720 this year. you see there is a time lag between recovery of traffic and the recovery of traffic and the recovery of traffic and the recovery of the delivery of planes. but, one thing that has increased is the cost of flying. in february tickets in the asia pacific region were on average a third more expensive than before the pandemic, according to price comparison site skyscanner. it also found some customers were being charged double what they paid four years ago. ticket prices have been pushed higher by issues including staff shortages, the unprecedented demand and the impact of the ukraine war. for more on the challenges faced by the industry. i'm joined by subhas menon, the director general of the association of asia pacific airlines. i asked him if it's fair that airlines are charging such high airfares and whether they will continue. �* ., , ~ continue. airfares like anything _ continue. airfares like anything else - continue. airfares like anything else is - continue. airfares like anything else is a - continue. airfares like - anything else is a function of demand and supply. the demand is far more than the supply of flights. supply of flights have been held back by a very tight labour market as well as supply chain issues at aircraft. one supply is caught up with the existing demand... demand... a bangladeshi woman has been killed and several others injured in clashes near dhaka between police and clothing factory workers demanding better wages. thousands of staff had returned to the streets a day after rejecting a new pay increase. police said they fired tear gas and rubber bullets to disperse protesters blocking roads and throwing stones. a government—appointed panel on tuesday decided to raise the cambodia has deported twenty—five japanese citizens suspected of being involved in online and telephone fraud. the men were arrested in september in an apartment in phnom penh. they're accused of using cambodia as a base to defraud people back home injapan. and that's it for this edition of asia business report. thanks for watching. bbc news — bringing you different stories from across the uk. it may look like a trip to the science museum, but believe it or not, this is gatwick. it's a new centre with hands on experiments with the hope of inspiring schoolchildren to considerjobs in stem. otherwise known as science, technology, engineering and maths. fundamentally, it is about our future pipeline of talent. we're hoping that they might be some of them might be the workforce for the future, with gatwick. featuring a mock up runway lighting rig. among this group, many were keen to see the opportunities on offer. when i grow up, i want to be an engineer. i think something to do with electronics, something to do with biotechnology, something to do with stem. when i'm old, i want to be| an aircraft carrier designer. i like a plane that can. hold about 8000 people with over a kilometre long. when i grow up, i want to be an engineer. - when i grow up, i want to be an engineer. i love the idea of creating planes and making them go faster. so i think it would be really cool to build a plane and then have the chance to go on it yourself. the specially adapted space will be here for a year as part of a pilot and will get feedback from schools and students with the aim of attracting a host of new and enthusiastic talent to the airport's workforce. for more stories from across the uk, head to the bbc news website. hey — i'm zof with the catch up tonight. possession of laughing gas becomes illegal. a cat rescue and a surprise proposal. but first, we start with tiktok. you might have noticed creator's videos have been getting longer recently. this is because they announced it will be removing its £1.6 billion creator fund from december to be replaced by the creativity programme beeta, which the apps bosses say will make more chances to earn income. but this is only for videos over a minute long. next, laughing gas has become a criminal offence in the uk and is now categorised as a class cdrug. possession of it for legitimate use for illegitimate use will carry a sentence of up to two years in prison. some other stories now. more on the israel gaza war. prime minister rishi sunak says he'll hold the met police chief accountable over a pro—palestinian march set to take place on remembrance day this saturday. he's criticised the timing of it in london as disrespectful and a lucky cat was thankfully rescued by firefighters after falling 30 metres down a mineshaft in cornwall. it's all thanks to this dog as it alerted her owner by going berserk and running around in and out of the woods, basically leading them to finding mowgli. that is adorable. and time now for ten seconds of an aldi proposal. yes, that's right. lynne's partner, mike, literally walked down the aisle alongside bagpipes before popping the question. she obviously said yes. i mean, it was pretty awkward, wouldn't it, if he did that in front of everyone and she said no. nevertheless, couple goals. you're up now. see you later. hello there and welcome along to sportsday with me, gavin ramjaun. late drama in the champions league as manchester united throw away a lead twice to lose at copenhagen after marcus rashford is sent off. some big hitting from ben stokes brings some respite for england at the cricket world cup as they get a much needed win in pune. and how social media abuse towards him and his family crossed the line. rugby world cup final referee wayne barnes speaks out. . hello and welcome along to the programme. what drum to start within the champions league on wednesday as majesty noted struggles in the konbudj is an was shown up again in copenhagen. united would yeah goals before marcus rashford was sent off. coming from behind to secure a famous victory. rasmus hoyland scored twice for united. but it looked as though it would be their nights in denmark. rashford's dangerous tackle saw him get a straight red after vai intervened. they capitalised. they were level. 2—0 at halftime. luna fernandez scored a penalty which looked like it might be enough

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