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BBCNEWS Business Today September 3, 2024

I could not agree more with president biden. Us steel should remain american owned and american operated. And i will always have the back of america s have the back of america s steelworkers. It is all at risk because of donald it is all at risk because of donald trump with a stroke of a pen he donald trump with a stroke of a pen he could get rid of all of this pen he could get rid of all of this and pen he could get rid of all of this and you think this guy gives this and you think this guy gives a this and you think this guy gives a damn about your pensions? he s not losing an instant pensions? he s not losing an instant of pensions? he s not losing an instant of sleep over it. Do you instant of sleep over it. Do you think instant of sleep over it. Do you think he cares about the work you think he cares about the work you you think he cares about the work you do every ....

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BBCNEWS Business Today September 3, 2024

We start with Elon Musk and the social Media Platform he controls, x, formerly known as twitter. Its facing the loss of one of its largest markets over a row about Hate Speech and disinformation. Brazils Telecoms Regulator Suspended Access to ex for the countrys 200 plus million people over the weekend after a ruling by a seniorjudge. Today a panel of brazils supreme court will begin hearing on whether to uphold that ruling. Earlier i spoke to the Technologyjournalist Chris Stokel walker and began by asking him how significant the Shut Down was in brazil. Pretty significant because of the scale of the country and therefore the scale of the use. We have third party estimates, between 20 Million and a0 million brazilians are believed to use x every month. Around about one third have it installed on their phones which means that this is a relatively big market and has been not just for x but lots of other Tech Platforms wh ....

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BBCNEWS Business Today September 3, 2024

That ruling has been upheld. Lets get the latest now from our reporter in brasilia, leandro prazeres. In terms of what this means for brazilians, how are people reacting to this lack of access To X . ~.. To X . Well, what we have seen so far since To X . Well, what we have seen so far since the To X . Well, what we have seen so far since the beginning To X . Well, what we have seen so far since the beginning of i so far since the beginning of last weekend is that there is a huge number of brazilians, Former X users, who have been migrating to other Social Networks such as blue sky, threads, and people reactivating accounts on facebook to talk about the issues that they were talking about on x. Yesterday, for example, it was reported that bluesky had gained more thani million new brazilian users in just three days. For those who are st ....

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BBCNEWS Business Today September 3, 2024

That position mirrors that ofjoe biden, who said back in march that us Steel Corp should remain a domestically owned american firm. Us steel it should remain american owned and american operated. In other News Volkswagen is considering Closing Factories in germany to cut costs. Its an unprecedented move and sets up a showdown with powerful unions. The Auto Maker which employs around 680,000 staff is struggling with its passenger car brand. Profits are getting squeezed amid the transition to electric vehicles and a consumer spending slowdown. A four Day Conference to attract foreign investment to russia is about to begin in the countrys eastern most major city vladivostok. The eastern economic forum is ....

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BBCNEWS Talking Business September 1, 2024

Brands barbie, fisherprice and moi, that is mattel to find out how his company s fortunes are being revived. Wherever you are joining around the world, once again hello and welcome to the programme. It is a billiondollar industry driven by creativity and innovation with a global reach and a diverse market. The toy industry is forecast to reach $302 billion in sales by 2030 and that estimate is at the conservative end of the scale. But falling birth rates and some of the highest inflation rates we have seen in decades have created challenging conditions for manufacturers and retailers and signal more tough times to come. While the covid pandemic boosted sales of toys and games temporarily, bigname com ....

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