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BBCNEWS Talking Business July 6, 2024



to conflicts in ukraine and syria, and raised concern over attacks injerusalem and the surrounding region. you re watching bbc news. now it s time for talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. the cost of living has been going through the roof, but can it possibly go up even more? and do prices ever really come down? we re going to be looking at how those prices get set and what goes on behind the scenes between growers, suppliers and the shops themselves. i m going to be discussing all of that with this crack team. there they are. commodities expert kona lasker haque can tell us where the markets think prices of raw materials are heading. kai markus mueller, who s the neuroscientist who gives us the psychology behind the way shops set their prices. and christel delberghe, she s the boss of eurocommerce, which represents the big retailers in some 27 countr ....

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BBCNEWS Talking Business July 6, 2024



lasker haque can tell us where the markets think prices of raw materials are heading. kai markus mueller, who s the neuroscientist who gives us the psychology behind the way shops set their prices. and christel delberghe, she s the boss of eurocommerce, which represents the big retailers in some 27 countries across europe. also on the show, from the coffee field to your daily mug ofjoe, i ve got antonio baravalle, the big boss of the coffee giant lavazza, to talk to us about pricing from bean to cup. wherever you rejoining me from around the world, once again, a big hello and a very warm welcome to the show. blimey, how much is that? you know, that s the question millions of us are now asking ourselves as we shop for everyday essentials. the cost of most of the things that we buy has gone up and up for pretty much everyone on the planet. this inflation is the reason central banks are ramping up their interest rates. workers are demanding higher wages and shops, they are ....

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BBCNEWS Talking Business July 6, 2024



and, buckingham palace has invited more than 850 community and charity representatives from across the uk to attend the coronation of king charles, which will take place on the 6th of may at westminster abbey in london. you re watching bbc news. now its time for talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. the cost of living has been going through the roof, but can it possibly go up even more? and do prices ever really come down? we re going to be looking at how those prices get set and what goes on behind the scenes between growers, suppliers and the shops themselves. i m going to be discussing all of that with this crack team. there they are. commodities expert kona lasker haque can tell us where the markets think prices of raw materials are heading. kai markus mueller, who s the neuroscientist who gives us the psychology behind the way shops set their pric ....

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BBCNEWS World Business Report July 6, 2024

so let s now get down to business, and as you ve been hearing, in the us, a report has just been released that looks at the deadly pull out of afghanistan in august 2021 that ended america s longest war. the taliban swiftly took over control of the country. since then, the economic decline has been dramatic as most foreign aid was withdrawn. so, what is it like doing business there? rumi spice partners with farmers in western afghanistan to export saffron, the world s most valuable spice. their labourers, managers, office staff and operations managers are all afghan women. the company was set up by us military veterans who served in afghanistan. let s talk to its chief executive, keith alaniz, a us army veteran and co founder. good to talk to you. last time we spoke to you, as a company, i was talking to your colleague, patty doyle, shortly after august of 2021 to just find out what you as a company hoping for, anticipating with taliban rule in place. how has it been going? ....

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BBCNEWS World Business Report July 6, 2024



we begin today with samsung electronics. it s forecasting a likely 96% plunge in first quarter operating profits. in a preliminary earnings report, the world s largest memory chip and tv manufacturer estimated its operating profit fell to $455 million for the first three months of the year. samsung electronics is going to release its full earnings later this month. katie silver sent this report from the bbc s asia business hub in singapore. in its preliminary estimates, samsung says its operating profits fell by about $450 million in the january march period this year, when compared to the same time the previous year. now demand for memory chips ramped up during covid lockdowns as consumers bought new electronics to use at home think new phones, computers, those expensive smart washing machines all of those use a lot of chips. but with fears of an economic recession looming, consumers are buying fewer tech devices, reducing demand for chips and, as a result, the com ....

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