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BBCNEWS World July 3, 2024
Streaming in. Netflix signs up 9 million streaming in. Netflix signs up 9 million new subscribers as a crackdown on
Password Sharing
pays off. And passengers get a peek at the fastest train in southeast asia, we take a ride on indonesias new
High Speed Railway
, funded by china. Hello and welcome to
World Business
report, i am hello and welcome to
World Business
report, iam lukwesa barack, and we are going to start in the
United States
where netflix shares have been searching after the streaming giant said that it had signed up almost 9 million new subscribers in the three months to september. That is way more than expected and the best quarterlyjump since the early days of the pandemic, when we were all stuck at home. So what exactly is going on . It is mostly down to a crackdown on people sharing those passwords, and netflix is now putting up prices in several of its markets. Lets discuss this further with
Michelle Fleury
who joins us from new york. It is always lovely to see you. So, how exactly have netflix done this while still serving all their customers . Yeah, i mean, it serving all their customers . Yeah, i mean. It has serving all their customers . Yeah, i mean, it has been serving all their customers . Yeah, i mean, it has been fascinating serving all their customers . Yeah, i mean, it has been fascinating to mean, it has been fascinating to watch, it was a risky gamble in some ways, you say you are going to crackdown on
Password Sharing
and there is always that danger that you alienate customers, but six months in, these figures suggest that has not been the case. You have got shows which have helped retain current customers, who, despite perhaps having other friends they shared their passwords with now being cut off, they did not seem to mind that so they stayed with the firm, meanwhile youve got these new
Pricing Options
that the company has introduced, for example, they have got a less expensive streaming plan, with ads, that help it gain new customers. And in fact it is that last bit, the ad supported model which although it is not generating much money for netflix at the moment, shareholders are very excited about that and the potential that that model has going forward. The figures we are seeing today regarding tesla and it seems that the company is really facing the competition in the eva market . Yeah, so, it cut competition in the eva market . Yeah, so. It cut prices competition in the eva market . Yeah, so, it cut prices have competition in the eva market . Yeah, so, it cut prices have to competition in the eva market . Yeah, so, it cut prices have to and competition in the eva market . Yeah, so, it cut prices have to and it so, it cut prices have to and it came in with the lighter revenue, in some ways you could argue it is basic mouse but nonetheless it came in below what wall street had been expecting, partly to do with what the company was spending on other things like developing artificial intelligence, elon musk has said thatis intelligence, elon musk has said that is something that he is very focused on, but there are other bits the company has made, thats, for example, on the cyber truck. Elon musk during a
Conference Call
with shareholders and said that the demand was very strong for the cyber truck, hoping that one would be rolling off the
Production Line
later this year, but that because of the challenges involved in making it, it would be a while before it contributed to the bottom line, which means that in the meantime, disappointing
Revenue Figures
from those lower prices. Mil disappointing
Revenue Figures
from those lower prices. Those lower prices. All eyes later, i think it is those lower prices. All eyes later, i think it is in those lower prices. All eyes later, i think it is in about those lower prices. All eyes later, i think it is in about 2. 5 those lower prices. All eyes later, i think it is in about 2. 5 hours i think it is in about 2. 5 hours time, will be onjerome powell, and the buzz is, how high, how long . Well, you know, it is this mantra that we are hearing more and more from central bankers in the
United States
and around the world, that rates will have to stay for longer. If you go back over the last couple of days, corner of the financial markets, us ten year
Treasury Bonds
, the yield on that came close to 5 . And it hit a level, 4. 9 , that we have not seen since 2007. It is significant because it reflects that investors thinkjerome powell, americas chief central banker, will say later today that rates are going to stay higher for longer. And say later today that rates are going to stay higherfor longer. And i think that poses a challenge certainly for the
Us Government
because it means that it is going to face higher
Borrowing Costs
at a time when there is a lot of uncertainty out there both in terms of how the government addresses its budget, weve got another looming budget, weve got another looming
Budget Crisis
down the road in a couple of weeks from now, but also those donald trump tax cuts which are due to expire in 2025, if they are due to expire in 2025, if they are in any way, shape orform extended, that also would have a knock on effect. All of this is linked together and of course for the global audience you have to remember that when it comes to
Interest Rates
and to bonds and the link between those two here in america, because us
Treasury Bonds
play such an
Important Role
in the
Global Market
and the pricing for so many other
Interest Rates
around the world, that will have an impact there and also on emerging markets that borrow based on us rates. So, a lot of implications for the world, all eyes onjerome powell. Lot of implications for the world, all eyes on jerome powell. Thank ou, all eyes on jerome powell. Thank you. Michelle all eyes on jerome powell. Thank you,
Michelle Fleury
, all eyes on jerome powell. Thank you,
Michelle Fleury
, and all eyes on jerome powell. Thank you,
Michelle Fleury
, and we all eyes on jerome powell. Thank you,
Michelle Fleury
, and we willi you,
Michelle Fleury
, and we will get the top lines from those remarks into. 5 hours time,
Whenjerome Powell
sits down, 12pm eastern time. Lets cross to china now and the ongoing crisis in their
Property Sector
. The giant developer
Country Garden
is believed to have become the latest to default on its overseas debt. A default that would mark one of the countries biggest corporate debt restructurings. This matters notjust corporate debt restructurings. This matters not just for the corporate debt restructurings. This matters notjust for the company but as a broader gauge for the economy as a broader gauge for the economy as a broader gauge for the economy as a whole, the
Property Sector
generates more than a quarter of china cosmic
Economic Activity
and is an important part of household wealth. All adding to concerns over their post pandemic recovery. Lots of questions, and to answer those i am joined by the chief china economist at a microeconomics company. Lovely to have you with us. First question, did they make the deadline . Have they defaulted . Weill. Deadline . Have they defaulted . Well, we have not heard deadline . Have they defaulted . Well, we have not heard an deadline . Have they defaulted . Ii we have not heard an official confirmation either way. I think there have been some reports in the media coming from creditors saying that they havent made their deadline, which does suggest that they have defaulted. find deadline, which does suggest that they have defaulted. They have defaulted. And rather unusual announcements they have defaulted. And rather unusual announcements being l they have defaulted. And rather unusual announcements being made on social media, what is going on there . ~. , there . Well, there were some rumours fl in there . Well, there were some rumours flying around there . Well, there were some rumours flying around which there . Well, there were some rumours flying around which the there . Well, there were some rumours flying around which the company there . Well, there were some rumours flying around which the company had i flying around which the company had denied that its founder and daughter left the country. So, the company has refuted it so i guess we go with what the company is saying officially. What the company is saying officiall. ~ ,. , what the company is saying officially what the company is saying officiall. ~ ,. ,. , officially. Why would that be significant . Officially. Why would that be significant . Well, officially. Why would that be significant . Well, if officially. Why would that be significant . Well, if they officially. Why would that be i significant . Well, if they have officially. Why would that be significant . Well, if they have fled the country significant . Well, if they have fled the country that significant . Well, if they have fled the country that would significant . Well, if they have fled the country that would certainly i the country that would certainly indicate a lack of confidence in the
Companies Future
and ability to steer past these issues. You might recall that another big developer that has been in trouble, ground had its founder detained not very long ago. Its founder detained not very long a a 0. ,. , its founder detained not very long aro,. , its founder detained not very long auo. ,. , its founder detained not very long aro,. ,. , ago. So, you have mentioned evergrand. Ago. So, you have mentioned evergrand, weve ago. So, you have mentioned evergrand, weve got ago. So, you have mentioned evergrand, weve got country ago. So, you have mentioned evergrand, weve got
Country Garden
, how does all of this fit in with the broader chinese economy . How does all of this fit in with the broader chinese economy . There is a slit, the broader chinese economy . There is a split, the broader broader chinese economy . There is a split, the broader chinese broader chinese economy . There is a split, the broader chinese economy l split, the broader chinese economy actually is showing some signs of consolidating a modest recovery, starting to pick up, but the
Property Sector
is a major drag on the economy pushing the other way. There were some hopeful signs of things potentially turning around in the
Property Sector
, a bunch of new policies coming out at the end of august, starting to have some early green shoots, but the thing is, from a buyer perspective, if you are thinking of buying a house in china, and most of the houses are sold off old, which means they need to be completed after you have put down your deposit, for another year, and your deposit, for another year, and you see, well, maybe this house wont be completed because the developer wont be able to get the liquidity or perhaps wont even be operating, then of course you are going to stay away and be very cautious. And so that is what we are seeing right now, which is a slowdown in home sales in many markets, compounding the
Developer Issues
which in turn creates a vicious cycle worrying homebuyers. And the government has really been investing in the infrastructure, new factories, side of things, on the subject of factories, were getting news from ireland that nestle have announced the upcoming closure of a
Baby Milk Factory
and pointing the blame on chinas demographics, what is happening there . Well. Blame on chinas demographics, what is happening there . Is happening there . Well, it is true that the number is happening there . Well, it is true that the number of is happening there . Well, it is true that the number of births is happening there . Well, it is true that the number of births each is happening there . Well, it is true j that the number of births each year in china has halved to 9 million since before the pandemic. Some of thatis since before the pandemic. Some of that is shrinking population of childbearing age but there are also some added factors, there was obviously a slowdown in marriages during the pandemic, on top of that people are currently worried about the outlook, living costs have risen, the
Labour Market
is quite shaky. So, for all these factors coming together, people in china are having fewer babies at the moment and that naturally has an impact in terms of demand for baby goods such as baby milk, but also, back to housing, because one reason for buying a new house is, you have got a biggerfamily so buying a new house is, you have got a bigger family so you need to buying a new house is, you have got a biggerfamily so you need to buy buying a new house is, you have got a bigger family so you need to buy a slightly bigger property. Thank a bigger family so you need to buy a slightly bigger property. Slightly bigger property. Thank you ve much slightly bigger property. Thank you very much indeed. Slightly bigger property. Thank you very much indeed. We slightly bigger property. Thank you very much indeed. We are slightly bigger property. Thank you very much indeed. We are going i slightly bigger property. Thank you very much indeed. We are going to stay with china and their belt and road initiative, president xi jinpings ambitious
Trillium Dollar Programme
which has brought new infrastructure to more than 100 countries, most of them in the developing world. One of the most recent is a
High Speed Railway
in indonesia, and like many china back projects, it has not been without controversy. 0ur
Asia Business
reporter was one of the first to take a ride and he sent us this report. This is the fastest train in all of southeast asia, it is certainly faster than any train in the us or the uk. Right now i am in jakarta andi the us or the uk. Right now i am in jakarta and i heading to another city. It would take about three hours driving, but this will take about 45 minutes. But actually, this really wasnt supposed to have been built by china. Japan, with their famous teaching can send rail system, they were the heavy favourite to win the bid, they said that they would finance the project with 0 interest but they did need a guarantee from the indonesian government that they would step in with money if anything went wrong. But then china came in with a counteroffer, they said, we are going to build this cheaper, we will build it quicker and we dont need any guarantee from the indonesian government. But they did want to percent interest on their loan. Well, indonesia picked china, too many peoples surprise, but in the end of this project is three years late it is 2 billion over budget and the
Interest Rate
has gone up to 3. 4 . 0h, and the
Interest Rate
has gone up to 3. 4 . Oh, and the indonesian government did have to fork out some money in the end. That was pretty fast, ive got to say, and to be fair this is not the
First Railway
line in the world that is late or over budget. Countries like indonesia are hungry for infrastructure, and china can provide that. When it goes well, it is a win win, the problem is that when things dont go according to plan, they do seem to be a bit one sided, but that is simply something that indonesia was willing to accept when itjumped on the pri train. Another story coming to us which concerns the phone maker nokia which concerns the phone maker nokia which has
Just Announced
that it plans to cut up to 111,000 jobs over the next three years as it looks to cut costs after disappointing sales of its 5g equipment. The announcement came as nokia revealed announcement came as nokia revealed a 70 drop in
Third Quarter
profits with revenues falling to 140 million. And the food and drink giant nestle has reported a fall in its sales volume in the first nine months of the year as shoppers respond to higher prices, the company increased its prices by 8. 4 over the period, part of a wider pattern of higher inflation. Bringing you different stories from across the. This 15 year old from
Merthyr Tydfil
has made so many of these bracelets. She has autism and creating the delicate patterns requires intense focus. Calming her down after a difficult day. She was diagnosed when she was 11 but it took years to get support. Hahn diagnosed when she was 11 but it took years to get support. How many times have i. . Took years to get support. How many times have i. . Her took years to get support. How many times have i. . Her mother took years to get support. How many times have i. . Her mother hasnt l times have i. . Her mother hasnt seen so many times have i. . Her mother hasnt seen so many lows times have i. . Her mother hasnt seen so many lows as times have i. . Her mother hasnt seen so many lows as leone times have i. . Her mother hasnt i seen so many lows as leone struggles in mainstream school. Earlier this year it all got too much and she tried to take her own life. Merthyr tydfil county
Borough Council
said the school had put in place numerous strategies, interventions and adjustments to allow this young girl to manage
School Environment
and to support her learning. They added that increased demand in the
Health System
and
Password Sharing<\/a> pays off. And passengers get a peek at the fastest train in southeast asia, we take a ride on indonesias new
High Speed Railway<\/a>, funded by china. Hello and welcome to
World Business<\/a> report, i am hello and welcome to
World Business<\/a> report, iam lukwesa barack, and we are going to start in the
United States<\/a> where netflix shares have been searching after the streaming giant said that it had signed up almost 9 million new subscribers in the three months to september. That is way more than expected and the best quarterlyjump since the early days of the pandemic, when we were all stuck at home. So what exactly is going on . It is mostly down to a crackdown on people sharing those passwords, and netflix is now putting up prices in several of its markets. Lets discuss this further with
Michelle Fleury<\/a> who joins us from new york. It is always lovely to see you. So, how exactly have netflix done this while still serving all their customers . Yeah, i mean, it serving all their customers . Yeah, i mean. It has serving all their customers . Yeah, i mean, it has been serving all their customers . Yeah, i mean, it has been fascinating serving all their customers . Yeah, i mean, it has been fascinating to mean, it has been fascinating to watch, it was a risky gamble in some ways, you say you are going to crackdown on
Password Sharing<\/a> and there is always that danger that you alienate customers, but six months in, these figures suggest that has not been the case. You have got shows which have helped retain current customers, who, despite perhaps having other friends they shared their passwords with now being cut off, they did not seem to mind that so they stayed with the firm, meanwhile youve got these new
Pricing Options<\/a> that the company has introduced, for example, they have got a less expensive streaming plan, with ads, that help it gain new customers. And in fact it is that last bit, the ad supported model which although it is not generating much money for netflix at the moment, shareholders are very excited about that and the potential that that model has going forward. The figures we are seeing today regarding tesla and it seems that the company is really facing the competition in the eva market . Yeah, so, it cut competition in the eva market . Yeah, so. It cut prices competition in the eva market . Yeah, so, it cut prices have competition in the eva market . Yeah, so, it cut prices have to competition in the eva market . Yeah, so, it cut prices have to and competition in the eva market . Yeah, so, it cut prices have to and it so, it cut prices have to and it came in with the lighter revenue, in some ways you could argue it is basic mouse but nonetheless it came in below what wall street had been expecting, partly to do with what the company was spending on other things like developing artificial intelligence, elon musk has said thatis intelligence, elon musk has said that is something that he is very focused on, but there are other bits the company has made, thats, for example, on the cyber truck. Elon musk during a
Conference Call<\/a> with shareholders and said that the demand was very strong for the cyber truck, hoping that one would be rolling off the
Production Line<\/a> later this year, but that because of the challenges involved in making it, it would be a while before it contributed to the bottom line, which means that in the meantime, disappointing
Revenue Figures<\/a> from those lower prices. Mil disappointing
Revenue Figures<\/a> from those lower prices. Those lower prices. All eyes later, i think it is those lower prices. All eyes later, i think it is in those lower prices. All eyes later, i think it is in about those lower prices. All eyes later, i think it is in about 2. 5 those lower prices. All eyes later, i think it is in about 2. 5 hours i think it is in about 2. 5 hours time, will be onjerome powell, and the buzz is, how high, how long . Well, you know, it is this mantra that we are hearing more and more from central bankers in the
United States<\/a> and around the world, that rates will have to stay for longer. If you go back over the last couple of days, corner of the financial markets, us ten year
Treasury Bonds<\/a>, the yield on that came close to 5 . And it hit a level, 4. 9 , that we have not seen since 2007. It is significant because it reflects that investors thinkjerome powell, americas chief central banker, will say later today that rates are going to stay higher for longer. And say later today that rates are going to stay higherfor longer. And i think that poses a challenge certainly for the
Us Government<\/a> because it means that it is going to face higher
Borrowing Costs<\/a> at a time when there is a lot of uncertainty out there both in terms of how the government addresses its budget, weve got another looming budget, weve got another looming
Budget Crisis<\/a> down the road in a couple of weeks from now, but also those donald trump tax cuts which are due to expire in 2025, if they are due to expire in 2025, if they are in any way, shape orform extended, that also would have a knock on effect. All of this is linked together and of course for the global audience you have to remember that when it comes to
Interest Rates<\/a> and to bonds and the link between those two here in america, because us
Treasury Bonds<\/a> play such an
Important Role<\/a> in the
Global Market<\/a> and the pricing for so many other
Interest Rates<\/a> around the world, that will have an impact there and also on emerging markets that borrow based on us rates. So, a lot of implications for the world, all eyes onjerome powell. Lot of implications for the world, all eyes on jerome powell. Thank ou, all eyes on jerome powell. Thank you. Michelle all eyes on jerome powell. Thank you,
Michelle Fleury<\/a>, all eyes on jerome powell. Thank you,
Michelle Fleury<\/a>, and all eyes on jerome powell. Thank you,
Michelle Fleury<\/a>, and we all eyes on jerome powell. Thank you,
Michelle Fleury<\/a>, and we willi you,
Michelle Fleury<\/a>, and we will get the top lines from those remarks into. 5 hours time,
Whenjerome Powell<\/a> sits down, 12pm eastern time. Lets cross to china now and the ongoing crisis in their
Property Sector<\/a>. The giant developer
Country Garden<\/a> is believed to have become the latest to default on its overseas debt. A default that would mark one of the countries biggest corporate debt restructurings. This matters notjust corporate debt restructurings. This matters not just for the corporate debt restructurings. This matters notjust for the company but as a broader gauge for the economy as a broader gauge for the economy as a broader gauge for the economy as a whole, the
Property Sector<\/a> generates more than a quarter of china cosmic
Economic Activity<\/a> and is an important part of household wealth. All adding to concerns over their post pandemic recovery. Lots of questions, and to answer those i am joined by the chief china economist at a microeconomics company. Lovely to have you with us. First question, did they make the deadline . Have they defaulted . Weill. Deadline . Have they defaulted . Well, we have not heard deadline . Have they defaulted . Well, we have not heard an deadline . Have they defaulted . Ii we have not heard an official confirmation either way. I think there have been some reports in the media coming from creditors saying that they havent made their deadline, which does suggest that they have defaulted. \ufb01nd deadline, which does suggest that they have defaulted. They have defaulted. And rather unusual announcements they have defaulted. And rather unusual announcements being l they have defaulted. And rather unusual announcements being made on social media, what is going on there . ~. , there . Well, there were some rumours fl in there . Well, there were some rumours flying around there . Well, there were some rumours flying around which there . Well, there were some rumours flying around which the there . Well, there were some rumours flying around which the company there . Well, there were some rumours flying around which the company had i flying around which the company had denied that its founder and daughter left the country. So, the company has refuted it so i guess we go with what the company is saying officially. What the company is saying officiall. ~ ,. , what the company is saying officially what the company is saying officiall. ~ ,. ,. , officially. Why would that be significant . Officially. Why would that be significant . Well, officially. Why would that be significant . Well, if officially. Why would that be significant . Well, if they officially. Why would that be i significant . Well, if they have officially. Why would that be significant . Well, if they have fled the country significant . Well, if they have fled the country that significant . Well, if they have fled the country that would significant . Well, if they have fled the country that would certainly i the country that would certainly indicate a lack of confidence in the
Companies Future<\/a> and ability to steer past these issues. You might recall that another big developer that has been in trouble, ground had its founder detained not very long ago. Its founder detained not very long a a 0. ,. , its founder detained not very long aro,. , its founder detained not very long auo. ,. , its founder detained not very long aro,. ,. , ago. So, you have mentioned evergrand. Ago. So, you have mentioned evergrand, weve ago. So, you have mentioned evergrand, weve got ago. So, you have mentioned evergrand, weve got country ago. So, you have mentioned evergrand, weve got
Country Garden<\/a>, how does all of this fit in with the broader chinese economy . How does all of this fit in with the broader chinese economy . There is a slit, the broader chinese economy . There is a split, the broader broader chinese economy . There is a split, the broader chinese broader chinese economy . There is a split, the broader chinese economy l split, the broader chinese economy actually is showing some signs of consolidating a modest recovery, starting to pick up, but the
Property Sector<\/a> is a major drag on the economy pushing the other way. There were some hopeful signs of things potentially turning around in the
Property Sector<\/a>, a bunch of new policies coming out at the end of august, starting to have some early green shoots, but the thing is, from a buyer perspective, if you are thinking of buying a house in china, and most of the houses are sold off old, which means they need to be completed after you have put down your deposit, for another year, and your deposit, for another year, and you see, well, maybe this house wont be completed because the developer wont be able to get the liquidity or perhaps wont even be operating, then of course you are going to stay away and be very cautious. And so that is what we are seeing right now, which is a slowdown in home sales in many markets, compounding the
Developer Issues<\/a> which in turn creates a vicious cycle worrying homebuyers. And the government has really been investing in the infrastructure, new factories, side of things, on the subject of factories, were getting news from ireland that nestle have announced the upcoming closure of a
Baby Milk Factory<\/a> and pointing the blame on chinas demographics, what is happening there . Well. Blame on chinas demographics, what is happening there . Is happening there . Well, it is true that the number is happening there . Well, it is true that the number of is happening there . Well, it is true that the number of births is happening there . Well, it is true that the number of births each is happening there . Well, it is true j that the number of births each year in china has halved to 9 million since before the pandemic. Some of thatis since before the pandemic. Some of that is shrinking population of childbearing age but there are also some added factors, there was obviously a slowdown in marriages during the pandemic, on top of that people are currently worried about the outlook, living costs have risen, the
Labour Market<\/a> is quite shaky. So, for all these factors coming together, people in china are having fewer babies at the moment and that naturally has an impact in terms of demand for baby goods such as baby milk, but also, back to housing, because one reason for buying a new house is, you have got a biggerfamily so buying a new house is, you have got a bigger family so you need to buying a new house is, you have got a biggerfamily so you need to buy buying a new house is, you have got a bigger family so you need to buy a slightly bigger property. Thank a bigger family so you need to buy a slightly bigger property. Slightly bigger property. Thank you ve much slightly bigger property. Thank you very much indeed. Slightly bigger property. Thank you very much indeed. We slightly bigger property. Thank you very much indeed. We are slightly bigger property. Thank you very much indeed. We are going i slightly bigger property. Thank you very much indeed. We are going to stay with china and their belt and road initiative, president xi jinpings ambitious
Trillium Dollar Programme<\/a> which has brought new infrastructure to more than 100 countries, most of them in the developing world. One of the most recent is a
High Speed Railway<\/a> in indonesia, and like many china back projects, it has not been without controversy. 0ur
Asia Business<\/a> reporter was one of the first to take a ride and he sent us this report. This is the fastest train in all of southeast asia, it is certainly faster than any train in the us or the uk. Right now i am in jakarta andi the us or the uk. Right now i am in jakarta and i heading to another city. It would take about three hours driving, but this will take about 45 minutes. But actually, this really wasnt supposed to have been built by china. Japan, with their famous teaching can send rail system, they were the heavy favourite to win the bid, they said that they would finance the project with 0 interest but they did need a guarantee from the indonesian government that they would step in with money if anything went wrong. But then china came in with a counteroffer, they said, we are going to build this cheaper, we will build it quicker and we dont need any guarantee from the indonesian government. But they did want to percent interest on their loan. Well, indonesia picked china, too many peoples surprise, but in the end of this project is three years late it is 2 billion over budget and the
Interest Rate<\/a> has gone up to 3. 4 . 0h, and the
Interest Rate<\/a> has gone up to 3. 4 . Oh, and the indonesian government did have to fork out some money in the end. That was pretty fast, ive got to say, and to be fair this is not the
First Railway<\/a> line in the world that is late or over budget. Countries like indonesia are hungry for infrastructure, and china can provide that. When it goes well, it is a win win, the problem is that when things dont go according to plan, they do seem to be a bit one sided, but that is simply something that indonesia was willing to accept when itjumped on the pri train. Another story coming to us which concerns the phone maker nokia which concerns the phone maker nokia which has
Just Announced<\/a> that it plans to cut up to 111,000 jobs over the next three years as it looks to cut costs after disappointing sales of its 5g equipment. The announcement came as nokia revealed announcement came as nokia revealed a 70 drop in
Third Quarter<\/a> profits with revenues falling to 140 million. And the food and drink giant nestle has reported a fall in its sales volume in the first nine months of the year as shoppers respond to higher prices, the company increased its prices by 8. 4 over the period, part of a wider pattern of higher inflation. Bringing you different stories from across the. This 15 year old from
Merthyr Tydfil<\/a> has made so many of these bracelets. She has autism and creating the delicate patterns requires intense focus. Calming her down after a difficult day. She was diagnosed when she was 11 but it took years to get support. Hahn diagnosed when she was 11 but it took years to get support. How many times have i. . Took years to get support. How many times have i. . Her took years to get support. How many times have i. . Her mother took years to get support. How many times have i. . Her mother hasnt l times have i. . Her mother hasnt seen so many times have i. . Her mother hasnt seen so many lows times have i. . Her mother hasnt seen so many lows as times have i. . Her mother hasnt seen so many lows as leone times have i. . Her mother hasnt i seen so many lows as leone struggles in mainstream school. Earlier this year it all got too much and she tried to take her own life. Merthyr tydfil county
Borough Council<\/a> said the school had put in place numerous strategies, interventions and adjustments to allow this young girl to manage
School Environment<\/a> and to support her learning. They added that increased demand in the
Health System<\/a> and
Education System<\/a> to ensure that help for learners with specific needs is a great access to timely manner. Leone is one of more than 10,000 people who have signed a
Petition Calling<\/a> for the reform of the additional learning needs code. The
Welsh Government<\/a> said equity and inclusion are central to their
Education Reforms<\/a> and they have announced \u00a320 million","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia802206.us.archive.org\/10\/items\/BBCNEWS_20231019_133000_World_Business_Report\/BBCNEWS_20231019_133000_World_Business_Report.thumbs\/BBCNEWS_20231019_133000_World_Business_Report_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240703T12:35:10+00:00"}