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Transcripts For BBCNEWS Business Today 20240819

In the months ahead. Data last week on Retail Sales shows the consumer continues to chug along, Initialjobless Claims fell in the recent data, so i think that Knee Jerk Reaction was premature and the economy is not anywhere near a recession. Whether or not this is sustained, we are getting close to an election. Typically in election years there is volatility, so i wouldnt expect. I would expect history to repeat itself. I understand Oxford Economics has been running models on what might happen with the Economy Irrespective of who wins the election. What are the models telling you . For each candidate Fiscal Policy will become more stimulated into 2025 and 2026. For each candidate, it is a re inflationary scenario because Fiscal Policy will be more stimulative. Under Donald Trump we will have more Immigration Restrictions and tariffs and that is much more inflationary that is what is in our focus. Under kamala harris, the inflationary impact is less. She came out with her first salvo in

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Transcripts For BBCNEWS Asia Business Report 20240706

reporting that it added million subscribers in the first three months of this year. that sounds like good news, doesn t it? last year the company lost subscribers the final six months. but, wall street was expecting it to have added 3 million subscribers. last year netflix reported not one, but two quarters where it lost customers. it was the first time the company has reported a loss in subscribers in ten years. these latest results show a gain in subscribers. that is good. but, it is actually much less then what investors were expecting. netflix have come up with a plan to try and crack down on password sharing. it was meant to roll out in this first quarter, but the company decided to hold back until the second quarter of the year. and to try to make up for lost subscribers last year, netflix created an ad funded streaming service which was cheaper, but subscribers would need to sit through adverts. if the company thought it left its woes in 2022, it seems that this earnin

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Transcripts For BBCNEWS Asia Business Report 20240706

should have been a positive but wall street was actually expecting the company to have added more paid membership. netflix lost more than 1 million subscribers in the first six months of 2022 and moving forward, the company has also warned of weaker growth in the months ahead. our north america business correspondent some hussein has the latest. last year, netflix reported not one but two quarters red lost customers. it was the first time the company has reported a loss in subscribers in ten years. these latest results show again for subscribers, thatis show again for subscribers, that is good, but it s actually much less than what investors were expecting. netflix had come up with a plan to try and crackdown on password sharing and it was meant to rule out in this first quarter but the company decided to hold back until the second quarter of the year. and to try and make up for lost subscribers last year, and netflix had created an and funded streaming service which was chea

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Transcripts For BBCNEWS Asia Business Report 20240706

expecting the company to have added more paid membership. netflix lost more than 1 million subscribers in the first six months of 2022 and moving forward, the company has also warned of weaker growth in the months ahead. our north america business correspondent samira hussain has the latest. last year, netflix reported not one but two quarters red lost customers. it was the first time the company has reported a loss in subscribers in ten years. these latest results show again in subscribers, and that is good, but it s actually much less than what investors were expecting. netflix had come up with a plan to try and crack down on password sharing and it was meant to rule out in this first quarter but the company decided to hold back until the second quarter of the year. and to try and make up for lost subscribers last year, netflix had created an ad funded streaming service which was cheaper but subscribers would need to sit through adverts. if the company thought left its woes

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Transcripts For BBCNEWS World Business Report 20240706

we speak to the swedish company aiming to make freight more electric and looking to the uk market. the sacked boss of the cbi has told the bbc that he has been made the fall guy for the crisis engulfing the business lobbying group. tony danker apologised to anyone at the organisation that he had upset or made uncomfortable, but said his reputation has been destroyed as the public have wrongly connected allegations against him of sexual harassment with separate charges of serious misconduct that occurred before he joined the cbi. he has been talking to our business editor simonjack. first, simon, iwant first, simon, i want to apologise to anyone at the cbi and i made upset or uncomfortable. that is on me. that is on me. but i ve had a week of coverage saying that tony danker sacked in rape scandal. these stories have been about rape and sexual assault and cocaine and bullying. none of that was anything to do with me and it was all before my time. so, the first thing that has h

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