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Transcripts For BBCNEWS World 20240704

Revenue stream is to the company as a whole. Even as it is seeing these inconsistencies and spells of up and down in the shipments of its hardware like iphone, ipad and mac product lines, what we see is a really consistent Revenue Stream that just really consistent Revenue Stream thatjust becomes more and more important. As the people using Apple Hardware continues to grow it will only become stronger. Only become stronger. Talking of arowth, i only become stronger. Talking of growth, i wanted only become stronger. Talking of growth, i wanted to only become stronger. Talking of growth, i wanted to ask only become stronger. Talking of growth, i wanted to ask you only become stronger. Talking of growth, i wanted to ask you in i growth, i wanted to ask you in particular about china and india. Lets start with india, the big boss was there recently earlier this year and they are open to the stars there, huge market, 1. 4 billion people, how did india perform . Yes. A le were people, how did

Transcripts For BBCNEWS World 20240704

Speaking before squeezed by massive bills, there is still Spending Power out there. A lot of our customers are probably a bit older, so we dont feel the mortgage rate, although it creates uncertainty for them and that does and we do notice when there is a rate rise, everyone gets a bitjittery. Does it feel like we are getting green shoots . I dont feel that there is green shoots, no, no. I dont feel that there is green shoots, no, no. I feel we are in a holding pattern. It could go either way. Today, the Bank Of England said the tough medicine was beginning to work. Less tha n less than two years they have over 14 steps raised Interest Rates to the highest level in 15 years in an attempt to drain Spending Powerfrom the Spending Power from the economy. The period of near zero Interest Rates now consigned to history with the bank warning that rates could remain at this level for some time. If you asked the question, yes, and when are rates going to come down . My answer is we are going t

Transcripts for BBCNEWS World Business Report 20240604 10:39:00

stopped its wto action. it says that if the same thing can happen with wine, that it will also stop its action against china at the world trade organization. to the travel and tourism business now it accounts for almost 10% of the global economy and some countries depend on it far more than that. one of those is greece where thousands of people have been forced to abandon their holidays because of devastating wildfires. all across southern europe popular tourist destinations have been struggling under extreme heat. so what will climate change mean for the tourism industry in the long term? well, i caught up with the president of the european travel commission and asked him about the impact of the ongoing wildfires. what i know is that this has an impact on everyone, every sector of the economy. climate change is something that is affecting the entire economic system of the world, and it s something that we have to tackle, notjust in the tourism

Transcripts for BBCNEWS World Business Report 20240604 10:40:00

industry, it s something that we have to tackle in all industries. and i think that tourism and the travel industry, we re doing everything in our hands to mitigate climate change in our activity. your research shows that there s been a fall in the number of people hoping to travel to the mediterranean between the months ofjune and november, to countries that have, well, certainly seen the worst of the wildfires. just, miguel, just explain that a bit more, because i m wondering, is that here to stay? well, our latest report shows that there is a 10% less interest in travelling in the peak months of the summerfrom. in european domestic travel and especially to southern destinations. but there is an increase in interest in travelling in the shoulder seasons in spring and autumn of 5.3%. and i think that this has to do not

Transcripts for BBCNEWS World Business Report 20240604 04:47:00

you re live with bbc news. to the travel and tourism business now. it accounts for almost 10% of the global economy and some countries depend on it far more than that. one of those is greece where thousands of people have been forced to abandon their holidays because of devastating wildfires. all across southern europe popular tourist destinations have been struggling under extreme heat. so what will climate change mean for the tourism industry in the long term? my colleague aaron heslehurst has been speaking to the president of the european travel commission and asked him about the impact of the ongoing wildfires. what the it will have an impact on everyone, every sector of the economy. on everyone, every sector of the economy- on everyone, every sector of the economy. climate change is something the economy. climate change is something that the economy. climate change is something that affects - the economy. climate change is something that affects the - something that affec

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