of this fiscal year. the news comes as pressure mounts from an activist investor who s been critical of the company, including its disappointing stats at the box office. the company also narrowed its losses specifically in streaming. disney plus increased prices this fall and lost subscribers over that. but because each subscriber is paying more for the service, its average revenue per user went up. disney plus is streaming offerings include espn plus the focus of a lot of attention this week. the company announced earlier this week that it s partnering with fox and warner brothers discovery to launch a new sports streaming operation with espn this year. and ceo bob iger said wednesday that the company is taking a $1.5 billion stake in epic games. it s disney s biggest move in the game space, yet. another focus of attention, disney and politics again after a very public, multi year spat with and lawsuit against florida governor ron desantis, who accused the company of being l
Now on bbc news, all the latest Business News live from singapore. Apple shares have lowered after the Company Posted a disappointing iphone sales. And training for the jobs of the future. How singapore hopes to give its students an edge in the age of globalisation. Good morning asia and hello world. Thank you forjoining us for this edition of Asia Business report. We begin with apple and its share price falling overnight about 2 after the worlds most valuable Company Reported a fall when i fall in sales. They sold 50. 8 Million Units in its second quarter, that is down 196 in its second quarter, that is down i compared to the same quarter last year. It still posted revenues of around 53 Million Dollars us during the january to march period. I spoke to our correspondent earlier and askedif to our correspondent earlier and asked if customers were waiting for the next iphone model to be released. Potentially. The new model coming up later this year or, perhaps it could be delayed which w
Has died aged 79. He killed five children and teenagers in the 19605. We cross to singapore for the latest business news. Singapore Airlines Earnings are due out later today. It is still a great way to fly. A windy proposition in the philippines, but will the ousting of the Environment Secretary change its target for renewables . Good morning asia and hello world. It is a tuesday. Glad you could join us by Asia Business report. Im rico hizon. It is Southeast Asias Biggest Airline group. But Singapore Airlines is dating increasing competition. Some a nalysts dating increasing competition. Some analysts suggest the carrier might soon go into debt for the first time in more than a decade. So will profits take off or Hit Turbulence this time round . Here is a forecast. I think they will come out with a decent profit when the numbers come out. They have strong cash flow. They have very deep pockets, and very strategic view of what they wa nt to very strategic view of what they want to do in
Now on bbc news, all the latest Business News live from singapore. America first or made in india . Well trump hails Narendra Modi for boosting the economy, there are several thorny issues which could make foran several thorny issues which could make for an uncomfortable visit. And as we mark the 20th Anniversary of the Asian Financial turmoil, we met with South Koreans who sacrifices we re with South Koreans who sacrifices were worth their weight in gold. Whose sacrifices. Good morning asia, hello world. It is a tuesday. Glad you could join us for this edition of Asia Business report. I am rico hizon and as we recorded on newsday, Narendra Modi hasjust met hizon and as we recorded on newsday, Narendra Modi has just met with donald trump at the white house. Both men portray themselves as outsiders and promised to bring back jobs during their campaigns. President trump had this to say about his counterpart. Thank you very much. It is a great honour to have Prime Minister Narendra Modi o
Up more to come. There is more coming up from me after we catch up with all the business use. Live to rico hizon and Asia Business report. A huge cyber attack which started in the ukraine is heading around the world. Indonesia survived Asian Financial turmoil 20 years ago, but is it in danger of repeating its past . Good morning asia. Hello world. It is a wednesday. Glad you could join us for Asia Business report. Im rico hizon. We start the programme with another global cyber attack, which we discussed newsday. Computer systems in ukraine, russia, the netherlands, france, and the uk and denmark have all been affected. When a computer is hit, users are told their files have been encrypted, and they will have two pay to get them back. Here is more from our North American reporter, dave lee. We just from our North American reporter, dave lee. Wejust had from our North American reporter, dave lee. We just had the wannacry attack. And many lessons were there to be learnt. Many of you not h