And nike is replacing ceo john donahoe after a series of missteps that have cut its market share. Nonetheless, over nearly five years in charge, he s earned nearly $104 million, despite the company losing $40 billion worth of value. Another company to lose billions in value is plane maker boeing. Is plane maker boeing. Its recently departed boss, its recently departed boss, dave calhoun, lost his job dave calhoun, lost his job after struggling to deal after struggling to deal effectively with a series effectively with a series of safety incidents, including two fatal accidents. Of safety incidents, including two fatal accidents. Despite that, he got a pay despite that, he got a pay package worth more than package worth more than $30 million as he was leaving. $30 million as he was leaving. This graph marks the change this graph marks the change in ceos, and as you can see, million last year. In ceos, and as you can see, that can sometimes lead that can sometimes lead to a pretty big sw
This is the scene live in beirut, where officials say 11 people are dead and more than 100 were injured in strikes on friday. On saturday. Our senior international Correspondent Orla Guerin has the latest from beirut. Explosion this is what beirut has been enduring, massive israeli strikes that could ignite the whole region because israel killed its target, sheikh Hassan Nasrallah. For his followers, its a devastating blow, for his iranian backers, a strategic loss. The long time leader of hezbollah was a long time in hiding. This was the moment, in a new York Hotel room on friday, when Binyamin Netanyahu approved the strike on his old enemy. Translation the State Translation the state of Israel Yesterday eliminated of Israel Yesterday eliminated the Master Murderer the Master Murderer Hassan Nasrallah. We settled accounts Hassan Nasrallah. We settled accounts with the one responsible with the one responsible for the murder of countless for the murder of countless israelis and many cit
And is now the worlds fourth largest economy. It had been the second largest until china overtook it in 2010. Japan has also been battling a deflationary spiral for a generation, but that ended late last year. Mariko oi has been following the story for us from our asia business hub. What more can you tell us about ishibas economic manifesto . Well, his economic policies are still rather unclear. He has been criticised during the Election Campaign for lacking a clear economic vision. One thing we do know is that he was quite critical of the shinzo abe, who implemented investor friendly policies. During the Press Conference he held this evening he talked about how investors may have benefited, but not ordinary consumers, so we may see some changes there. The value of the japanese yen, it jumped the value of the japanese yen, itjumped because shigeru it jumped because Shigeru Ishiba itjumped because Shigeru Ishiba supported the independence of the central bank, as opposed to his oppositio
if gas prices keep rising. fuelling controversy. opec slashes production to boost oil prices, sparking an angry reaction from president biden. plus too broke for beauty? women around the world say they are cutting back on cosmetics so how is the industry responding? we ll hear from a top entrepreneur. we start here in the uk, where as you ve been hearing, prime minister liz truss has been presenting her plans to boost the economy in her keynote speech to the conservative party conference in birmingham. she re stated her commitment to lowering taxes just two days after being forced to abandon a pledge to cut income tax for the highest earners. markets remain nervous about the outlook for the uk s finances under ms truss s government after the mini budget statement on september 23rd that sent the pound to a record low and borrowing costs soaring. but she argues the disruption will be worth it. whenever there is change, there is disruption. and not everybody will be in f