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Transcripts For BBCNEWS Asia Business Report 20240706



jinping to bring russia back to the negotiating table over ukraine and as part of his three day visit deals have been struck including on green and nuclear energy. earlier i spoke with a professor from the sx business school to get his thoughts on mr macron s economic agenda. thoughts on mr macron s economic agenda.- thoughts on mr macron s economic agenda. there were some results. economic agenda. there were some results. and economic agenda. there were some results. and especiallyl some results. and especially another, the second empath assembly line in china and what is also interesting is that today, there will be one private dinner, if they have selection, it is of course to foster the economic relationship between china and france. , . relationship between china and france. 3 . relationship between china and france. , . ., france. it s a tricky one, isn t it? france. it s a tricky one, isn t it? because - france. it s a tricky one, isn t it? because china ....

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Transcripts For BBCNEWS World Business Report 20240706

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 since then, the economic decline has been dramatic as most foreign aid was withdrawn.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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Transcripts For BBCNEWS World Business Report 20240706



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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Transcripts For BBCNEWS Asia Business Report 20240706



to the negotiation table over ukraine. the economy it was also high on his agenda and during his three day visit deals have been struck including on green and nuclear energy. i spoke with a professor earlier from the business school we explained the balancing act that france needs to strike with beijing. what is happening is that president or an invited ursula von der leyen to come with him and they are looking at the different speeches that have been given in beijing. micron is playing the soft parts while ursula bandar lyon is playing the hard part because has warned china several times because of the alleged meddling of china and russia or in ukraine. so president micron is playing this card in order to say we can corporate with china. we are the biggest chinese partner in the economy field so there are ways we can corporate no while the european commissioner was given warnings. commissioner was given warninqs- commissioner was given warninus. . ., , ., warnings. th ....

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Transcripts for BBCNEWS World Business Report 20240604 04:38:00

Executive of rumi spice, thank you very much for being on the programme. you very much for being on the programme- you very much for being on the rouramme. ., ~ i. ., ., programme. thank you for having me. a quick check on how wall street closed on thursday now. it is well and truly over now and is a long weekend for many markets around the world as the easter weekend begins. as you can see, it was a fairly flat close for the markets in the us, most wrapping up the week in the green despite recent signs of awakening labour market and attention will be focused on that today because in the us the government will release its latestjobs data. here s michelle fleury. for months we have been talking about the red hotjobs market in the us stock data released earlier this week suggests that that room is starting to show signs of age. hiring is losing momentum, job cuts are mounting, notjust in the tech sector. after mcdonald s became the latest company to announce its downsizing its workforce ....

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