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Transcripts For BBCNEWS Business Today 20240827

Canada s finance minister christina freeland says it was about protecting domestic producers. About protecting domestic producers about protecting domestic roducers. . , ,. , producers. The reality is that china has producers. The reality is that china has a producers. The reality is that china has a state producers. The reality is that china has a state directed i china has a state directed policy of overcapacity and oversupply, designed designed to cripple our own industries. Talk to the steel sector. Talk to the aluminium sector to understand how effective that has already been. We simply will not allow that to happen to our ev sector. to our ev sector. The auto tariffs bring to our ev sector. The auto tariffs bring canada to our ev sector. The auto tariffs bring canada in to our ev sector. The auto tariffs bring canada in linei tariffs bring canada in line with its southern neighbour, the us introduced tariffs on chinese made evs in may and the eu is also imposing tari

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Transcripts For BBCNEWS World Business Report 20240710

We stArt in the us where, in the lAst few hours, A judge hAs Approved A BAnkruptcy PlAn for the mAker of oxycontin one of the highly Addictive pAinkillers At the centre of the countrys opioid Addiction epidemic. The plAn effectively dissolves the compAny Purdue PhArmA. Its owners members of the weAlthy SAckler FAmily will hAve to turn over billions of dollArs to help combAt the Opioid Epidemic in AmericA. But the Agreement will lArgely Absolve the sAcklers of Any LiAbility Or Future lAwsuits. Our Business Correspondent in new york, sAmirA hussAin, explAins. In this plAn, the Drug MAker Purdue PhArmA will shift All of its Assets currently vAlued At Above 10 Billion into A new compAny owned by A trust thAt will Focus solely on combAting the deAdly Opioid Epidemic in AmericA, which hAs AlreAdy killed more thAn hAlf A Million people Across the country. Now the Agreement ends thousAnds of lAwsuits brought by stAte And locAl governments, hospitAls And individuAls AgAinst the PhArmAceuticAl C

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Transcripts For BBCNEWS BBC News 20240710

For breach of contract after it streamed her film Black Widow at the same time as its cinema release. Hello and welcome. We start with amazon, which has been fined almost 900 Million for breaking the European Unions Data Protection laws. Its the biggest fine ever imposed under the Eus Privacy regulations. The online Retail Giant has been criticised in recent years for the information it gathers from its customers shopping histories. Amazon is almost certain to contest the ruling. Heres our Business Correspondent Samira Hussain in new york. It is certainly a much bigger amount that was predicted, and also it shows that luxembourg, which is where amazon is headquartered in the eu, is willing to really show its might and to enforce these rules. In the past, it has been a lot more favourable to these us multinationals that are coming and establishing itself there. Look, this is a big way for the eu to really send a message that you need to abide by these rules. What the eu is saying is tha

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Transcripts For BBCNEWS Amol Rajan Interviews 20240710

Sundar pichai about a wide range of issues, from the companys hotly debated Privacy Practices to its pioneering development in al and Quantum Computing. Few people could be said to personify any of the vast new forces shaping the 21st century, let alone more than one. But perhaps the ceo of google, sundar pichai, can be said to embody two. Born to a modest, middle Class Family in south east india, pichai is globalisation made flesh. The personification of both the indian and the american dream. And as the boss of alphabet, the Parent Company to google and youtube, he is uniquely qualified to detail the promise and the peril of technology in our time. Valued at over 1. 5 trillion, his california based company pioneered the internet that we have today and is a global leader in both Artificial Intelligence and Quantum Computing. Google delivers a vast range of products and services, from Google Maps and docs to gmail. Pichais total pay ranges hugely from 7 Million last year to 281 Million

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Transcripts For BBCNEWS Amol Rajan Interviews Sundar... 20240710

Sticks to the same rules. Two athletes and an official at the tokyo Olympic Village have tested positive for coronavirus five days before the start of the games. Now on Bbc News, in an in Depth Interview the bbc s media editor, amol rajan, speaks to googles ceo, sundar pichai. Few people could be said to personify any of the vast new forces shaping the 21st century, let alone more than one. But perhaps the ceo of google, sundar pichai, can be said to embody two. Born to a modest, middle Class Family in south east india, pichai is globalisation made flesh. The personification of both the indian and the american dream. And as the boss of alphabet, the Parent Company to google and youtube, he is uniquely qualified to detail the promise and the peril of technology in our time. Valued at over 1. 5 trillion, his california based company pioneered the internet we have today and is a global leader in both artificial Intelligence And Quantum computing. Google delivers a vast range of products a

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