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BBCNEWS Asia Business Report July 6, 2024

jinping to bring russia back to the negotiating table over ukraine and as part of his three day visit deals have been struck including on green and nuclear energy. earlier i spoke with a professor from the sx business school to get his thoughts on mr macron s economic agenda. thoughts on mr macron s economic agenda.- thoughts on mr macron s economic agenda. there were some results. economic agenda. there were some results. and economic agenda. there were some results. and especiallyl some results. and especially another, the second empath assembly line in china and what is also interesting is that today, there will be one private dinner, if they have selection, it is of course to foster the economic relationship between china and france. , . relationship between china and france. 3 . relationship between china and france. , . ., france. it s a tricky one, isn t it? france. it s a tricky one, isn t it? because - france. it s a tricky one, isn t it? because china ....

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BBCNEWS World Business Report July 6, 2024

so let s now get down to business, and as you ve been hearing, in the us, a report has just been released that looks at the deadly pull out of afghanistan in august 2021 that ended america s longest war. the taliban swiftly took over control of the country. since then, the economic decline has been dramatic as most foreign aid was withdrawn. so, what is it like doing business there? rumi spice partners with farmers in western afghanistan to export saffron, the world s most valuable spice. their labourers, managers, office staff and operations managers are all afghan women. the company was set up by us military veterans who served in afghanistan. let s talk to its chief executive, keith alaniz, a us army veteran and co founder. good to talk to you. last time we spoke to you, as a company, i was talking to your colleague, patty doyle, shortly after august of 2021 to just find out what you as a company hoping for, anticipating with taliban rule in place. how has it been going? ....

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BBCNEWS World Business Report July 6, 2024

we begin today with samsung electronics. it s forecasting a likely 96% plunge in first quarter operating profits. in a preliminary earnings report, the world s largest memory chip and tv manufacturer estimated its operating profit fell to $455 million for the first three months of the year. samsung electronics is going to release its full earnings later this month. katie silver sent this report from the bbc s asia business hub in singapore. in its preliminary estimates, samsung says its operating profits fell by about $450 million in the january march period this year, when compared to the same time the previous year. now demand for memory chips ramped up during covid lockdowns as consumers bought new electronics to use at home think new phones, computers, those expensive smart washing machines all of those use a lot of chips. but with fears of an economic recession looming, consumers are buying fewer tech devices, reducing demand for chips and, as a result, the com ....

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BBCNEWS Asia Business Report June 4, 2024 00:34:00

Attention will be focused on this again later today when the us government releases its latestjobs data. my colleague michelle fleury has more. for months we michelle fleury has more. for months we have michelle fleury has more. fr? months we have been talking about the red hotjobs market in the united states. data released earlier this week suggests that boom is starting to show signs of age not is losing momentum, job cuts are mounting and notjust in the tech sector. mcdonald s became the latest company to announce thatis the latest company to announce that is downsizing its work force and just how far the labour market has slowed to become clearer when the government releases its jobs report for march the economist are predict being companies hired close to 240,000 workers last month, a sharp drop from the 311,000 jobs in february and an even bigger reduction from the more than 500,000 jobs created injanuary. a gradual slowdown would be welcome news for america s those inside t ....

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BBCNEWS World Business Report June 4, 2024 04:39:00

Releases its monthlyjobs report for march, economists are predicting us employers hire close to 240,000 workers last month, a sharp drop from the 311,000 jobs in february and an even bigger reduction from the more than 500,000 jobs created injanuary. a gradual slowdown will be welcome news for america s central bank. those inside the federal reserve i worry that the tight labour market and higher wages, that they have contributed to inflation. the fed has raised its benchmark rate to 5% from near zero. its benchmark rate to 5% from nearzero. but its benchmark rate to 5% from near zero. but it may not share those who are way that a recession is now on the horizon. joining me now is gervais williams, head of equities, premier miton. good to see you. what do you think? we are waiting for this jobs report later. will it shed any more light on where the jobs market is headed in the us? i jobs market is headed in the us? 4 ....

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