welcome to world business report, i m mark lobel. we start here in the uk where the business lobby group, the cbi, is facing a second allegation of rape by a woman, who claims she was sexually assaulted by two male colleagues. the guardian newspaper reports, the alleged attack took place when the woman was working at one of the cbi s overseas offices. the city of london police is already investigating claims of a rape, at a cbi summer party in 2019. let s go through the latest developments with our correspondent marc ashdown who joins us now. we are getting a growing list of business organisations who are cutting ties with the cbi or pausing, they have around 190,000 businesses who are members and the insurance giants aviva and zurich were the first to do that. the likes of asda, shell, natwest, they have pause relations, and john lewis has terminated its membership as well. these follow fresh allegations today with a second woman claiming she was raped when working for cbi
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
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
Its a 2 trillion business that just keeps accelerating. But is the global car industry changing gear fast enough . We report from the new York Auto Show. Plus, airbnburglary the home rental giant says its tightening security after users advertised their homes, which then got robbed. We have a special investigation. Welcome to World Business report. Im aaron heslehurst. We have got that friday feeling which means it is good friday which means you are probably not watching you are probably in bed if you are watching, i have an exciting snapshot for all of the news for you, will start in new york with annual auto show opened its doors the public. The car business had a bit of a bumpy ride during the financial crisis but today, its bigger and more profitable than ever. Let me show you how big. According to the swiss bank ubs, the global Auto Industry is now worth this. Over 2 trillion a year. Thats more than the entire economy of italy or brazil. And heres why last year, more than 88 milli
The news of the Snap Election, this is how the numbers in europe have open. We will have the details for you, and why. The uk election will be dominated by brexit so whats the view from the eu . Well be crossing live to brussels to find out. What do you want to ask about what the election means for brexitjust use the hashtag bbcbizlive. Welcome to the programme. Here we go again. Nine months after becoming Prime Minister, theresa may is throwing the dice and betting on victory in a Snap Election onjune the 8th. Today, mps are expected to vote in favour of the proposal, which mrs may says will bring greater certainty as britain prepares to leave the European Union. Markets reacted swiftly to the news. The pound was on a Roller Coaster Ride Itjumped then swung to loss and back again rising by as much as two point 7 against the us dollar some analysts believe markets are cheering the prospect of a larger conservative majority which would give less power to Hardline Eurosceptics within her