Transcripts For BBCNEWS Asia 20240703

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75% of trade. the indian capital has been spruced up and security is tight. my colleague is they are tracking the summit and sent us a preview of this high profile event.— and sent us a preview of this high profile event. here in new delhi the countdown _ high profile event. here in new delhi the countdown to - high profile event. here in new delhi the countdown to the - delhi the countdown to the summit has begun. earlier this morning when i came into the centre of new delhi from the airport i saw at least at least right at the front of the centre of them welcoming delegates into this country. this is clearly a big dealfor india. the city of delhi has been sent into a three—day 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 and debt relief for some of the worlds poorest countries to think such as regulation of emerging technologies like artificial intelligence and crypto currencies. most importantly, they will also be talking about they will also be talking about the reform of multilateral institutions like the world bank, international monetary fund and united nations security council. this is something the indian particular will be pushing for. the country really wants to position themselves as a leader of the emerging 6lobal position themselves as a leader of the emerging global south at the summit. however, there are clouds that have emerged even before it begins. the absence of two regional leaders, president xijinping of of two regional leaders, president xi jinping of china and the russian federation putin that achieving any major breakthroughs for content this will be very, very difficult and getting a joint statement, thatis and getting a joint statement, that is acceptable to all countries will mean india will have to work a diplomatic tightrope. have to work a diplomatic tightmpe-_ have to work a diplomatic tic-htroe. ., ., , tightrope. he and others will be tracking _ tightrope. he and others will be tracking the _ tightrope. he and others will be tracking the summit - tightrope. he and others will i be tracking the summit through the weekends for bbc. turning to the us. walmart is cutting its starting paper new store employees for entry—level store workers. this change took place in mid july and a spokesperson said the new wage structure will not result in any pay cuts for existing employees. the big box retailer is the biggest private employer in the us and 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. apple shares fell almost 3% when markets closed on thursday following a 4% decline on wednesday. the band was reported by the wall street journal cited sources, saying stuff had been given instructions through workplace check groups or meetings, but not clear yet how widely the orders were being distributed. michael chu is one of the most valuable tech firms in the us that relies on china both as a major market and also as a production site. work from home verses back to the office. that is apple the dilemma facing many countries as they try to adapt to the lasting changes brought about by the covid pin seven. have a look at this now. according to experts on organisation behaviour, the approach changes depending on where you are in the world. here in asia there is a strong desire for people to get back into the office as compared to europe, middle east and americas. so is this productivity or flexibility? to answer i spoke to peter a professor and the director of wharton centre for human resources.— wharton centre for human resources. ~ . ., ,, ., ., resources. what happened around the world during _ resources. what happened around the world during the _ resources. what happened around the world during the pandemic- the world during the pandemic is that employees were sent home to work full—time, remotely. so most of the employees who are currently working remotely i think have an arrangement, more or less like that. they are 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 that have brought all of their employees back all of the time so i think what most employees want is to frankly keep what they got rather than anything new. should employers be looking at regular raising the aspects of remote working or is it better to have them employees back in the office. , ., , to have them employees back in the office-— the office. the question is for whom. the office. the question is for whom- it _ the office. the question is for whom- it is — the office. the question is for whom. it is clearly _ the office. the question is for whom. it is clearly better- the office. the question is for whom. it is clearly better for| whom. it is clearly better for the employers and for the organisation to have people backin organisation to have people back in the office. one thing that you hear a lot is self—reported data from employee saying that they think things are going fine and that may be true for their own individual tasks, may be true for their own individualtasks, but may be true for their own individual tasks, but there is pretty good evidence and certain —— certainly employers believed work was not efficiently a part of yourjob title like trying to help new employees how to get things done, try to help your peers with their problems, try to figure out how to pass information around and things like that are not happening very well so for the employer's perspective i would rather think they would have employees in the office. but employees are pretty happy the way they are pretty happy the way they are and you will make them pretty angry if you try to bring them back in after three years of leaving at home so thatis years of leaving at home so that is something employers have two way as well. this is where it _ have two way as well. this is where it all _ have two way as well. this is where it all boils _ have two way as well. this is where it all boils down - have two way as well. this is where it all boils down to. i where it all boils down to. flexible work policies have an impact on productivity?- 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 and not all of them counts in the things that you measure for productivity. for an individual employee. so once again i think if you are looking at what we once an individual to do by themselves, that seems to go find when you are working remotely. 0nce that seems to go find when you are working remotely. once you are working remotely. once you are talking about other things which are beyond what they can do simply by themselves, an individual contributor, than it does not work so well. i think now we have pretty good evidence of that from a series of studies, some laboratory related type stories, controlled experiments, indicating that it does not work as well as it did when it was back in the office. but thatis was back in the office. but that is not the only thing that employers have to care about. they do need to care about what their employees one.— their employees one. what should employers - their employees one. what should employers be - their employees one. what l should employers be offering their employees one. what should employers be offering us some of the ideal blueprint when it comes to a solution for lexical work policies? i when it comes to a solution for lexical work policies?— lexical work policies? i think the there — lexical work policies? i think the there are _ lexical work policies? i think the there are some - lexical work policies? i think the there are some things . lexical work policies? i think. the there are some things that employees want that employers could help them with. what they want is really control over their time when they do what. i think employers want employees to be together more than they are now. that probably does not mean that they need to be there five days a week, it probably also is the case that employees could work remotely instead of say, taking sick leave and that may help both the organisation and the employees do better. so there is something in between five days a week, come back exactly the way you were before and stay—at—home completely which is what a lot of employees have gotten out and want to keep. to employees have gotten out and want to keep-— want to keep. to the uk now where hundreds _ want to keep. to the uk now where hundreds of— want to keep. to the uk now| where hundreds of thousands want to keep. to the uk now. where hundreds of thousands of students are just starting out in their universityjury, but what kind of future jobs market will they find when they finish? figures from the jobs platform show that the latest cohort of graduates are facing a significant plunge injob opportunities and some of europe's leading economies with a drop of almost one quarter in graduatejob postings in france and germany compared to this time last year. and also a fall of nearly a third in the uk. the bbc aaron housel hurst asked the ceo of universities uk white graduate prospects are seemingly so tough. in uk white graduate prospects are seemingly so tough.— seemingly so tough. in the short-term _ seemingly so tough. in the short-term and _ seemingly so tough. in the short-term and long-term| seemingly so tough. in the - short-term and long-term view short—term and long—term view in the broad economic conditions there is a consensus that we need to get our economy moving again and creating jobs and growing. and when looking at the longer—term at the market needs, we will need those graduates, more graduates than we have got now so it is always difficult for graduates who emerge when the economy is performing less well than we would like it too. in the medium to long term we need to graduates and to the labour market in fact is going to need an expansion in the number of graduates as we had to 2035. it does feel 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?— case that there are too many uraduates? ~ , , ., ~ graduates? absolutely not. we 'ust graduates? absolutely not. we just completed _ graduates? absolutely not. we just completed a _ graduates? absolutely not. we just completed a survey - graduates? absolutely not. we just completed a survey of- graduates? absolutely not. we just completed a survey of 350 | just completed a survey of 350 leaders asking them to protract forwards and ask questions on where they thought their businesses would lead to the future and it is striking. we obviously saw a lot of feedback on subjects on how technology will change the world of work particularly technology like generative ai and the people responsible for hiring staff in today's 350 businesses were saying, we will need the kind of people who come to our businesses with the higher level thinking, transferable skills that you get from being a graduate. skills that you get from being a graduate-— a graduate. talking business -la s out a graduate. talking business plays out over _ a graduate. talking business plays out over the _ a graduate. talking business plays out over the weekend. | plays out over the weekend. meanwhile china's trade over the rest of the world has contracted of the world with both exports and imports down in august will stop in addition to beijing's services sector drew last month i a much slower pace than expected has added to concerns about the overall slowdown of the worlds second largest economy. the chinese customs authority said, overseas shipments were almost 9% down in august last year while imports were down by more than 7%. that is it for this edition of asia businees report it. thank you for watching and stay on with bbc news. we set bbc news bringing you different stories from across the uk. a brand new vending machine at school, but you won't find any snacks here. instead, a different kind of nourishment for the mind. got it. i think it's pretty cool. it's about adventures. and i think saving the world, i think. what do you need to do to get one of these books in the vending machine? well, you have to work hard to get one of the tokens. this scheme offers children a book to keep, which the teachers say makes a difference. 31% of our children didn't have access to a book at home that was appropriate to their needs by having a book vending machine and providing books. in this way, it gives students a sense of ownership. why don't they have access to the books at home? for some of our families, it's a combination of things like deprivation and the area that we're in, but also literacy skills with some of our parents and carers themselves. the idea is to help these students prepare for further education and work. just a tiny fraction of adults with learning disabilities are in paid employment. 0ur theory is that actually it's going to give them - encouragement at home - and reallyjust start them off on that journey of reading. for more stories from across the uk, head to the bbc news website. hey, i'm zof with the catch up. tonight — the met police admit to racist messages, an unlikely adventure and birthday celebrations. the manhunt is still ongoing for daniel abed khalife, who escaped from wandsworth prison by strapping himself to a delivery van on wednesday. the former soldier is accused of terror offences, including trying to gather information for an enemy state understood to be iran. next, a bbc newsnight investigation has found five former police officers have admitted to sending racist messages on whatsapp between september 2020 and 2022. they pleaded guilty at westminster�*s magistrates' court on thursday afternoon. some of the stories now more on concrete then. i3 unis are currently shots because of crumbling concrete. lectures have had to move to other areas of campus and some freshers events have been affected. the list of affected unis are on the bbc news website. next, one of the world's rarest turtles was washed up in north wales, around 4,000 miles away from her home. tally the ridley turtle, was nursed back to full health and taken back to texas. and brace yourself for this — a man has been arrested after trying to run from florida to london in a makeshift hamster wheel. reza baluchi was spotted near the east coast in the us and refused to come off the wheel. that is some work—out. time now for 10 seconds of birthday celebrations for panda twins you you and jiu jiu. they turned age two with a frozen cake at madrid's zoo alongside their mum. that cake is definitely better than what some kids get for their birthdays. you're all caught up now. see you later. hello, i'm marc edwards, welcome to sportsday. here's what's coming up on our show. no sets dropped and soon to be in the world number one arena sabalenka into the semifinals of the us open.— sabalenka into the semifinals of the us open. history made at sri lanka's _ of the us open. history made at sri lanka's women _ of the us open. history made at sri lanka's women beat - of the us open. history made at sri lanka's women beat england| sri lanka's women beat england women — sri lanka's women beat england women and _ sri lanka's women beat england women and 18205 _ sri lanka's women beat england women and 18205 season - sri lanka's women beat england women and 18205 season for. sri lanka's women beat england| women and 18205 season for the first time — women and18205 season for the first time in— women and 18205 season for the first time in their _ women and 18205 season for the first time in their history. -- - first time in their history. -- t-20. hello and thank you forjoining us. starting at flushing meadows where the us open in which heat and humidity provided for

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