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BBCNEWS World Business Report July 6, 2024

we begin with microsoft. the tech giant has just revealed its financial health and investors are satisfied for now as it showed some strength in the face of a weak global economy. its cloud business hit wall street targets for the end of 2022 and revenues rose 2% to just under $53 billion. but what is the outlook? microsoft last week announced it would be slashing 10,000 jobs worldwide in a bid to cut costs. it s also investing in a company behind chat gpt the chatbot that is predicted by some experts to be the future of search. let s discuss this withjeremy goldman director of briefings at insider intelligence. good at insider intelligence. morning to you. looking at what good morning to you. looking at what microsoft had to say, after its resolve without, shares went up 4% and fell back i% shares went up 4% and fell back 1% higher by the end of the day, your thoughts on how it s doing? day, your thoughts on how it s doinu ? , ., day, your thoughts on how it s do ....

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BBCNEWS Talking Business July 7, 2024

we talked to arnold donald who runs carnival corporation, that s the biggest cruise operator on the planet. where ever yourjoining me from around the world, once again, a big hello and a very warm welcome to the show. you know, it seemed like it was a another time, two years ago as a threat of covid became obvious one cruise ship, the diamond princess went into lockdown as the world watched. passengers, they were held for two weeks as the virus spread throughout the ship, infecting more than 700 onboard. shortly after, the world closed down and tourism industry suffered the worst crisis in its history. take a look at this, this was the heart of venice during the middle of the pandemic, not a tourist sight. and from an empty st. mark s square in venice to in empty trafalgar square in london, holiday makers and business passengers stopped flying and the hospitality industry ground to a halt. let s just take a look at the impact. in 2019, before the pandemic hit global tou ....

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BBCNEWS Business July 3, 2024

Bills by an average 33 over the next five years, to Fund Improvements in the services. Companies are under pressure, as Sewage Spills and water leaks mount up, which critics blame on under investment in the countrys infrastructure. Joining me now is swetha ramachandran, fund manager at artemis investment management. Good to have you with us. Give me a sense about what this tells us about the industry, prioritised in the 805, put into private hands, they said at the time that would be a great idea, because it would allow investment in what was already a creaking industry. There doesnt seem to work like that, does it . I there doesnt seem to work like that, does it . That, does it . Ithink the issue many that, does it . Ithink the issue many of that, does it . Ithink the issue many of these that, does it . | think the| issue many of these walk i55ue many of these
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BBCNEWS Asia July 3, 2024

Membership is fed up. We are fed up with falling behind. It has been decades of falling behind and especially this past decade in the most wealthiest times of the history of these companies, there is no excuse, these companies have made a quarter of 1 trillion in the last ten years. 21 billion in the last six months alone. And our workers wages and conditions have gone backwards police. Conditions have gone backwards olice. ,. Police. Police in Southern China have police. Police in Southern China have said police. Police in Southern China have said that. I police. Police in Southern I China Have said that. Ever grand. The authorities taken and thejudges grand. The authorities taken and the judges they might be facing are unclear at this stage. Evergrande are ....

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BBCNEWS Asia July 3, 2024

Were prepared to do whatever we have to do, so, the membership is ready, the membership is fed up. Were fed up with falling behind. Its been decades of falling behind and especially this past decade, in the most wealthiest times of the history of these companies, there is no excuse, these companies have made a quarter of a trillion dollars in the last ten years. 21 billion in the last six months alone. And our workers wages and conditions have gone backwards police. Police in Southern China say theyve detained some staff at the Wealth Management unit of embattled Property Developer evergrande. The identity of those whove been taken by authorities and the charges that they might be facing are unclear at this stage. Evergrande is at the centre of a crisis in chinas
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