As the big tech firms respond to the latest Wikileaks Revelations well be getting the inside track on all the biggest tech stories of the week with our Technology Correspondent rory cellan jones. Theres a report in the times in london that fewer people are taking time off sick from work because they frightened for their jobs. We want to know whether you have hauled yourself in as sick as a dog for fear of the sack. Just use bbcbizlive. Welcome to the programme. We start in detroit in the usa where in a few hours time volkswagen is due to plead guilty to charges of fraud and Obstruction Ofjustice by cheating diesel emissions tests. The formal plea will draw a line under the us side of the scandal following a plea bargain reached in january. But its far from over. Vw has admitted 11 million vehicles worldwide had software installed to beat Regulators Checks on emissions. In some cases they were up to a0 times higher than the us legal limit. So far thats led to around 20 billion in settle
Chinese tourists have discovered the high seas and their goods to demand for big and even bigger cruise ships. This is business. As welcome another front seems to open in the global trade war south korea is now seeking help from the United States in its dispute with japan the japanese government has imposed imposed export restrictions on some products bound for south korea after seoul called on tokyo to compensate forced laborers on the 2nd world war that has led to a public backlash against japanese products in South Korea Seoul has warned the u. S. Trade curbs Will Hurt Tech Firms Around The World materials affected are key to making memory chips and smartphone springs. Lets bring in our financial correspondent Chelsea Delaney whos standing by in frankfurt chelsea how bad is this Will Consumers have to worry about getting their hands on a smartphone anytime soon. Well i think if you are planning on buying
a smartphone this year should maybe reconsider but as you said you know these c
Chinese tourists have discovered the high seas and their goods to demand for big and even bigger cruise ships. This is business as asia. As welcome another front seems to open in the global trade war south korea is now seeking help from the United States in its dispute with japan the japanese government has imposed imposed export restrictions on some products bound for south korea after seoul called on tokyo to compensate for splay burst on the 2nd world war that has led to a public backlash against japanese products in South Korea Seoul has warned the u. S. That trade curbs Will Hurt Tech Firms Around The World materials affected are key to making memory chips and smartphone story. Lets bring in our financial correspondent Chelsea Delaney whos standing by in frankfurt chelsea how bad is this Will Consumers have to worry about getting their hands on a smartphone anytime soon. Well i think if youre planning on buying
a smartphone this year should maybe reconsider it like as you said you
facing a flood of cheap chinese cars, europe s expected to raise tariffs on electric vehicles today. apple investors push its value up to record highs following its foray into the world of ai. we ll look ahead to the uk s latest economic data as april s gdp data is released. will it spur a bank of england rate cut? plus, supplies are squeezed for the makers of orange juice with prices going up due to extreme weather and disease. welcome to business today. we start in europe, where china is accused of drawing upon surplus capacity to dump electric vehicles at artificially low prices into the european market. policymakers in europe and the united states claim hefty state subsidies in china allow ev manufacturers to produce cars at prices that are impossible to compete with. in the us the biden administration raised its tariff on imports of chinese battery powered cars from 25% to 100%. later today, the european commission is expected to provisionally raise duties on ev s import
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