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BBCNEWS World Business Report January 6, 2022 05:35:00

Months. , ., months. because also as well even right months. because also as well even right now, months. because also as well even right now, the months. because also as well even right now, the ski - months. because also as well| even right now, the ski season in europe is extremely popular for travellers, in europe is extremely popular fortravellers, both in europe is extremely popular for travellers, both during the fabry half term, the easter period as well, and the question is if there were serious restrictions preventing travel, that would be the third yearin travel, that would be the third year in a row and some of these resorts just wouldn t be able to sustain that. resortsjust wouldn t be able to sustain that. to sustain that. that s absolutely to sustain that. that s absolutely right, - to sustain that. that s absolutely right, a - to sustain that. that s absolutely right, a lotj absolutely right, a lot of the resorts themselves have had quite difficult financial ....

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BBCNEWS World Business Report January 6, 2022 05:34:00

Within four or six weeks that we re looking at the of the covid variant and that could mean that people have a lot more confidence buying their holidays, booking their flights, booking into hotels, et cetera. flights, booking into hotels, et cetera- et cetera. although these chan . es et cetera. although these changes have et cetera. although these changes have taken - et cetera. although these changes have taken place j et cetera. although these i changes have taken place on et cetera. although these - changes have taken place on the part of the uk government, it is still so complicated when you look to travel, depending on what country you are going to and what is required when you get there. interstellar a minefield, isn t it? it you get there. interstellar a minefield, isn t it?- minefield, isn t it? it is but ithinkwhat minefield, isn t it? it is but i think what is minefield, isn t it? it is but i think what is interesting l minefield, isn t it? it is but| i think what is i ....

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BBCNEWS World Business Report January 6, 2022 05:38:00

India to south korea and australia. major indices really taking their cues from wall street with australian shares down more than i%, japan s nikkei down more than 2% and even china s chip index is down around 2%. the omicron variant is also causing a lot of problems here in asia, causing a lot of concerns as well, especially in china that continues to produce that zero covid strategy and that despite some data out this morning showing that the private sector, the activity actually grew in december compared with the previous month. but it also did say that covid i9 outbreaks continue to weigh on the outlook. 50 continue to weigh on the outlook. so why is this happening? higher interest rates make things more expensive for businesses and for consumers. and that means that here in asia, returns on stocks might not be that good and the real fear is that investment capital will go from ....

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BBCNEWS World Business Report January 6, 2022 05:54:00

Is the interesting thing, regulation is going to play a very big role, the other thing that you need in order to operate is to ensure regulators allow you to do stuff. to give you one example of how things are changing, considerfor are changing, consider for instance are changing, considerfor instance what is happening in terms of digital advertising, advertisers, even news media, are finding themselves entirely pushed by some of these big tech sectors, i think we will see that continuing on and amplifying on the critical question is, what will the regulators do? right now, all the bit tech has been pushed back by regulators, saying, don t disrupt us anymore, you re already taking a lot of value out. bill you re already taking a lot of value out- you re already taking a lot of value out. all right, michael, we will have value out. all right, michael, we will have to value out. all right, michael, we will have to do, value out. all right, michael, we will have to do, sorry, i val ....

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BBCNEWS World Business Report January 6, 2022 05:46:00

Worse than 2020, and it wasn t. but the growth was only a marginal i%, but the growth was only a marginali%, because but the growth was only a marginal i%, because of that shortage of semiconductors. it is affecting the auto industry globally and affecting other industries as well. that is code related. most of these chips come from asia, they have lockdowns which cut production, and the industry is struggling to catch up. the more positive side is that the market is undeniably moving towards electrified vehicles, especially battery vehicles, plug in hybrids, about one in six cars that we buy in the uk now can be plugged in, we have a long way to go, but certainly it is great progress. it is great progress. certainly encouraging it is great progress. certainly encouraging to it is great progress. certainly encouraging to see it is great progress. certainly encouraging to see such - it is great progress. certainly| encouraging to see such huge demand for electric vehicles, but it ....

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