so we start in the us, where, as you ve been hearing, the world s biggest entertainment company, walt disney, is axing 7000 jobs as part of a cost cutting drive. it comes as the company revealed the first fall in subscribers to its streaming service, disney+, since it was launched more than three years ago. veteran ceo bob iger has returned to run the company again after its shares lost almost half their value last year, as michelle fleury reports from new york. this is ceo bob iger s first set of results since returning to the company in november, attempting to revive the storied brand and cement his legacy, he said disney was embarking on a significant transformation, putting creativity at the heart of everything it does, while announcing the elimination of 7000 jobs as it seeks to trim costs by $5.5 billion. his comments point to the future, but results showed the mouse house performed better across a number of areas in the last months, compared to the dismal showing that
ev strategy. figs but there is concern about its ev strategy- but there is concern about its ev strategy. as you mention, considering ev strategy. as you mention, considering the ev strategy. as you mention, considering the surprise - ev strategy. as you mention, considering the surprise in i considering the surprise in profit and revenues, apparently it looks like a strong quarter, and by the way we can expect some further impacts and challenges due to the ev transition. we consider in april they would be a structural change, so leadership will change. they could be a potential huge sign of a speed up in the process to try to improve the strategy. they are increasing penetration across the globe. what is something that should continue to impact on the production and volumes across the globe is still parts and shortages. so we can also see that the company has. inaudible.
revenue a year. these are high stakes, markets are high sta kes, markets are looking high stakes, markets are looking closely, and this kind of own goal from google looking closely, and this kind of own goalfrom google is exactly what they didn t want. james clayton, there are. there. let s go to asia, now, where we are expecting results from the world s top carmaker toyota and its rival nissan. toyota wears the crown in the global car industry in terms of numbers it sold $10.5 million vehicles last year butjust a fraction of those some 25,000 were fully electric. and there are worries the company is falling behind in the transition to zero emission cars. let s talk to giacomo rossi, who looks at transport for the consultants frost and sullivan in milan, italy. a warm welcome to you. toyota s numbers are just out and, you know, it did pose a surprise, a 22% rise in third quarter operating profits. good news, but there is concern about its
chip shortages. company has. inaudible. chip shortages. chip shortages. apologies, giacomo chip shortages. apologies, giacomo rossi, chip shortages. apologies, giacomo rossi, we - chip shortages. apologies, giacomo rossi, we have i chip shortages. apologies, i giacomo rossi, we have lost alone, so we can hear you. but the numbers have come out for toyota. surprisingly strong, but the chief executive steps down, with a change but at the time, and there are questions about the outlook when it comes to ev strategy. more detail online. let s go to india now and the continuing crisis engulfing the huge adani group and its billionaire owner gautam adani. since january 24, the group has seen its stock market value plunge by $100 billion after a report by a us investment firm accused it of accounting fraud allegations it denies. more fallout on wednesday after french energy giant total shelved its participation in a $50 billion green hydrogen project with adani. archana shukla is foll