Transcripts For BBCNEWS Asia 20240703

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of trade. the indian capital has been spruced up and security stepped up. my colleague is there tracking the summit and we got a preview. here in delhi, the countdown to the 620 leaders' summit has begun. earlierthis the 620 leaders' summit has begun. earlier this morning when i was coming into the centre of delhi from the airport i saw at least 100 billboards with prime minister modi right in front and centre welcoming delegates into the country. this is clearly a big deal for india country. this is clearly a big dealfor india and the country. this is clearly a big deal for india and the city of delhi has been sent into a public holiday with security beefed up and traffic completely restricted for the event. there is a lot that these leaders will have on their agenda over the weekend. everything from climate finance to debt relief for some of the world's poorest countries to things such as regulation of emerging technologies like artificial intelligence and cryptocurrency is. most importantly, they will also be talking about the reforms of multilateral institutions like the world bank and the imf and the world bank and the imf and the united nations security council. this is something that india in particular will be pushing for. the country really wants to position itself as a leader of emerging 6lobal wants to position itself as a leader of emerging global south at the summit. however, there are clouds that have emerged even before it begins. the absence of two major leaders, president xijinping of absence of two major leaders, president xi jinping of china and the russian president, vladimir putin, means that achieving any major breakthroughs or consensus will be very, very difficult. and getting agentjoint statement thatis getting agentjoint statement that is acceptable to all countries will mean india will have to walk the diplomatic tight rope. in the us, a former executive has pleaded guilty to criminal charges stemming from the collapse of the cryptocurrency exchange. 6rand cryptocurrency exchange. grand slam of the co— chief executive of ftx, bahama's subsidiary. he is the fourth former executive from the company to plead guilty. if remember, ftx imploded last november. walmart is cutting starting pay for new employees for entry—level store workers. the change took place mid—july and a spokesperson said the new wage structure will not result in any pay cuts for existing employees. the retailer is the biggest private employer in the us and it is a closely watched company for economists and industry leaders. shares of apple are sliding after reports that china is banning the use of the iphone by government employees. shares fell almost 3% when markets closed on thursday following a 4% decline on wednesday. the ban was reported by the wall street journal citing sources and the outlet said staff have been given instruction through workplace chat groups. it is still not clear how widely the orders are being distributed. apple is one of america's most valuable tech firms relying on china both as a major market as well as a production site. working from home versus back to the office, the dilemma facing many companies and employees that they try to adapt to the lasting changes that have been brought about by the pandemic. but have a look at this. according to experts, on organisational behaviour, the approach changes depending on where you are in the world. in asia, there is a strong desire to get people back into the office compared to europe, the middle east and the americas. is about productivity or flexibility? to answer the question i spoke to a professor of management and also the director at the water centre for human resources.- for human resources. what happened _ for human resources. what happened around _ for human resources. what happened around the - for human resources. whatj happened around the world during the pandemic is that employees were sent home to work full—time, remotely. most of the employees currently working remotely, ithink, have an arrangement more or less like that, roughly at home as much as they want to be. employers have been trying to get them to come back, mainly a few days a week. there are not that many who have brought all of their employees back all of the time. what most employers want frankly is keep what they have got, rather than anything new. , ., have got, rather than anything new. ,, ., , , new. should employers be lookin: new. should employers be looking at _ new. should employers be looking at regularising - new. should employers be looking at regularising the| looking at regularising the aspects of remote walking or is it better to get them back in the office?— the office? the question is better for— the office? the question is better for him? _ the office? the question is better for him? it - the office? the question is better for him? it is - the office? the question is| better for him? it is clearly better for him? it is clearly better for him? it is clearly better for the employers and the organisation to have people backin the organisation to have people back in the office. one of the things that you hear a lot is self—reported data from employees saying they think things are going fine and that may be true for their own individual tasks but there is pretty good evidence and certainly employers believe work that was not officially part of yourjob title like trying to help new employees figure out how to get things done, trying to help your peers with their problems, trying to figure out how to pass information around and things like that, are not happening very well. for the employers perspective, they would rather have employees in the office and i think it is more effective. but your employers are pretty happy the way they are pretty happy the way they are and you will make them pretty angry — — employees if you bring them back in after three years of leaving them at home. that is something employers have to as well. this is what it boils _ employers have to as well. this is what it boils down _ employers have to as well. this is what it boils down to, do flexible work policies have an impact on productivity? there are many _ impact on productivity? there are many things _ impact on productivity? there are many things you - impact on productivity? there are many things you want - are many things you want employees to do. not all of them count in things that you measure the productivity of an individual employee. 0nce individual employee. once again, if you're looking at what we want an individual to do by themselves, that seems to go fine when you are working remotely. 0nce go fine when you are working remotely. once you are talking about other things which are beyond what they can do simply by themselves, an individual contributor, then it does not work so well. now we have pretty good evidence of that from a series of studies, some of them laboratory, related type studies, controlled experiments, indicating it does not work as well as it did when people were back in the office. again, not the only thing that employers have to care about. they do need to care about what their employees want. to they do need to care about what their employees want.— their employees want. to the uk, their employees want. to the uk. where — their employees want. to the uk, where hundreds- their employees want. to the uk, where hundreds of- their employees want. to the - uk, where hundreds of thousands of students are starting out on the universityjourney but what kind of future jobs markets will they find when they finish? figures from a jobs platform shows the latest cohort are facing a significant implant ofjob opportunities in some of your�*s leading economies with a drop of almost a quarter in graduatejob postings in france and in germany, compared to this time 6ermany, compared to this time last year. a fall of nearly one third in the uk, as you can say with these figures. the bbc asked the ceo of universities uk wide graduate prospects are seemingly so difficult? you have to take _ seemingly so difficult? you have to take a _ seemingly so difficult? 7m. have to take a short—term and long—term view, and in the broader view, we have to have our economy creating jobs and growing and when you look at the longer term market needs, we are going to need those graduates. we will need more graduates. we will need more graduates in the future than we have now. it is always difficult for graduates to emerge when the economy is performing less well than we like it too. in the medium to longer term we need graduates in the labour market and it will need that because of the expansion and the number of graduates we have towards 2035. it feels seemingly particularly bad here in the uk, why is that? is itjust down to the economy or is it a case that there are too many graduates? absolutely not. we have completed a survey of ftse 350 leaders and we are asking them about their thoughts about what the business will need in the future. it was really striking. we saw a lot of feedback on how technology will change, particularly technologies like ai. particularly technologies like al. the people who are responsible for hire and staffing in the ftse 350 businesses are saying we will need the kind of people who come to our businesses with the higher level thinking of transferable skills that you get. transferable skills that you net. ., transferable skills that you .et_ ., . ., transferable skills that you get. to catch that episode of talkin: get. to catch that episode of talking business _ get. to catch that episode of talking business over - get. to catch that episode of talking business over the - talking business over the weekend on bbc news. making headlines, chinese technology giant tensing has launched an ai model powering applications including a robot. they claim the model which can perform in mandarin and english performs better than areas like chat6pt. this follows the launch of a rival model. staying with china, the trade with the rest of the world has further contracted with exports and imports down for august. beijing's services sector grew last month at a slower pace than expected and that has also as expected added to the concerns about the overall slowing down of the world's second—largest economy. that is all for this edition of asia business report. thank you for watching and stay with us on bbc news. bringing you different stories from across the uk. a brand—new vending machine at school. but you will not find any snacks here. instead, a different kind of nourishment. for the mind. 6ot of nourishment. for the mind. got it! i think it's pretty cool got it! i think it's pretty cool, about adventurers and... what you need to do to get one of these books in the vending machine?— of these books in the vending machine? ., ., ., ., m machine? you have to do work hard to get _ machine? you have to do work hard to get one _ machine? you have to do work hard to get one of _ machine? you have to do work hard to get one of the - machine? you have to do work hard to get one of the token. l hard to get one of the token. this game offers a book to keep which teachers they make the difference. which teachers they make the difference-— difference. 31% of the did not have access _ difference. 3196 of the did not have access to _ difference. 3196 of the did not have access to a _ difference. 3196 of the did not have access to a book - difference. 3196 of the did not have access to a book at - difference. 3196 of the did not l have access to a book at home that_ have access to a book at home that was— have access to a book at home that was appropriate to their needs — that was appropriate to their needs. by having a book vending machine — needs. by having a book vending machine and providing books this way, _ machine and providing books this way, give students a sense of ownership. | this way, give students a sense of ownership-— of ownership. i don't have access to _ of ownership. i don't have access to that _ of ownership. i don't have access to that is _ of ownership. i don't have access to that is why - of ownership. i don't have access to that is why not i of ownership. i don't have - access to that is why not have access? a, access to that is why not have access? ~ , ., ., ., , access? a combination of things like deprivation _ access? a combination of things like deprivation in _ access? a combination of things like deprivation in the _ access? a combination of things like deprivation in the area - like deprivation in the area they— like deprivation in the area they are _ like deprivation in the area they are in but literacy skills with — they are in but literacy skills with some of the parents and carers — with some of the parents and carers themselves. the with some of the parents and carers themselves.— with some of the parents and carers themselves. the idea is to help students _ carers themselves. the idea is to help students prepare - carers themselves. the idea is to help students prepare for l to help students prepare for further education and work. just a tiny fraction of adults with learning disabilities are in paid employment. fiur with learning disabilities are in paid employment. our theory is actually _ in paid employment. our theory is actually a _ in paid employment. our theory is actually a will _ in paid employment. our theory is actually a will give _ in paid employment. our theory is actually a will give them - is actually a will give them encouragement at home and really start them off on the journey of reading. for more stories from _ journey of reading. for more stories from across - journey of reading. for more stories from across the - journey of reading. for more stories from across the uk, | stories from across the uk, head to the bbc news website. hello, this is a catch up, tonight the met police admit to racist messages and an unlikely adventure and birthday celebrations. the manhunt is still ongoing for daniel khalife, escaping from wandsworth prison from scrapping himself from a present. he was accused of terror offences including trying to gather information for an enemy state understood to be iran. next, a investigation has found five former met police officers have admitted to sending raises messages on what that between september 2020 and 2022. they pleaded guilty at westminster�*s magistrates court on thursday afternoon. some other stories now, 13 universities are currently shut because a crumbling concrete. lectures have had to move to other areas and some events have been affected. the list of affected universities are on the bbc news websites. 0ne universities are on the bbc news websites. one of the rarest hurdles washed up in north wales, around 4000 miles from their home and tally the ridley total was nursed back to full health and taken back to texas! amount has been arrested after trying to run from florida to london in a makeshift hamster wheel. it was spotted near the east coast in the us and refused to come off the us and refused to come off the wheel. that is a workout! time now for ten seconds of birthday celebrations for panda twins. they turned two with a frozen cake at madrid's zoo alongside their mum and that is definitely better than what some children get for their birthday! you are all caught up now. hello. i'm marc edwards. welcome to sportsday. here's what's coming up on our show. it's almost here — the rugby world cup kicks off on friday. can the all blacks be the ultimate party poopers as they take on hosts france in a hugely anticipated opening match? les football bleus get the parisian party started with a straightforward win over the republic of ireland in their euro 2024 qualifier. turmoil in the top tier of women's football in spain. players plan to walk out ahead of the new season.

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