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Newsday

the devastating consequences from the politically—charged war in the gaza strip spills over into into the business community. plus, travellers continue to spend big, undeterred plus, travellers continue to spend big, undeterred by the high cost of living. we ask why, and where. hello and welcome to asia business report. i'm steve lai. we begin this hour with the war in middle east. in the months since hamas gunmen launched an unprecedented assault on israel in october, killing more than 1,000 people, the death toll on both sides have continued to rise. more than 21,000 people have been killed in the gaza strip by israeli bombardments, the consequences have now spilt over to businesses, as customers in the middle east and elsewhere boycott companies for their perceived support of israel. from new york, the bbc�*s michelle fleury reports. major western brands have found themselves hit by a grassroots

Consequences , Southern-gaza , War , Middle-east , Steve-lai , Travellers , Undeterred-plus , Hello , Asia-business-report , Business-community , Cost-of-living , Israel

BBC News

the devastating consequences from the politically—charged war in the gaza strip spills over into the business community. plus, travellers continue to spend big, undeterred by the high cost of living. we ask why, and where. hello and welcome to asia business report. i'm steve lai. we begin this programme with the war in middle east. in the months since hamas' surprise attack on israel, which killed more than 1,000 people, the death toll on both sides have continued to rise. israeli bombardments have killed more than 21,000 people on the gaza strip, according to the hamas—run health ministry. now companies perceived to be supporting israel are facing boycotts in the middle east and elsewhere. as the bbc�*s michelle fleury explains. some major western brands have found themselves hit by a grassroots, often unplanned boycotts because

War , Gaza-strip , Consequences , Business-community , Travellers , Programme , Hello , Cost-of-living , Undeterred , Asia-business-report , Steve-lai , People

Asia Business Report

the devastating consequences from the politically—charged war in the gaza strip spills over into the business community. plus, travellers continue to spend big, undeterred by the high cost of living. we ask why, and where. hello and welcome to asia business report. i'm steve lai. we begin this programme with the war in middle east. in the months since hamas�* surprise attack on israel, which killed more than 1,000 people, the death toll on both sides have continued to rise. israeli bombardments have killed more than 21,000 people on the gaza strip, according to the hamas—run health ministry. now companies perceived to be supporting israel are facing boycotts in the middle east and elsewhere. as the bbc�*s michelle fleury explains. some major western brands have found themselves hit by a grassroots, often unplanned boycotts because

War , Consequences , Gaza-strip , Business-community , Travellers , Programme , Hello , Undeterred , Cost-of-living , Steve-lai , Asia-business-report , People

Asia Business Report

from new york, the bbc�*s michelle fleury reports. major western brands have found themselves hit by a grassroots often unplanned boycotts because of their stance on the israel—palestine conflict. this includes mcdonald's. the burger chain came a target became a target after videos online showing them giving away thousands of free meals to the members of the israeli military. this resulted in boycotts of the brand. owners and muslim majority countries such as kuwait and pakistan put out statements distancing themselves. in a message on linkedin, mcdonald's ceo wrote that the burger chain is experiencing a meaningful business impacted due to the war and associated misinformation. all of this in the middle east and beyond because of the war in gaza. he added, "this is disheartening "and ill—founded," pointing that many of the restaurants are operated by local owners. he didn't elaborate on the scale of the impact, but mcdonald's has around 2,000 restaurants in the region.

Boycotts , Mcdonald-s , Grassroots , Stance , Bbc , Western-brands , Israel-palestine-conflict , Michelle-fleury , New-york , Brand , Owners , Target

Asia Business Report

the devastating consequences from the politically—charged war in the gaza strip spills over into into the business community. plus, travellers continue to spend big, undeterred plus, travellers continue to spend big, undeterred by the high cost of living. we ask why, and where. hello and welcome to asia business report. i'm steve lai. we begin this hour with the war in middle east. in the months since hamas gunmen launched an unprecedented assault on israel in october, killing more than 1,000 people, the death toll on both sides have continued to rise. more than 21,000 people have been killed in the gaza strip by israeli bombardments, the consequences have now spilt over to businesses, as customers in the middle east and elsewhere boycott companies for their perceived support of israel. from new york, the bbc�*s michelle fleury reports. major western brands have found themselves hit by a grassroots

War , Consequences , Gaza-strip , Business-community , Travellers , Undeterred-plus , Hello , Middle-east , Cost-of-living , Steve-lai , Asia-business-report , People

Coming soon | More car company exits from India | BVR Subbu says only 7 - 8 will survive

Of the 15 car manufacturing companies in India, eight have a market share of below 2 per cent, raising questions about their long-term future in a competitive market that has already seen Ford Motors

India , Maruti-bhargava , Fiat , Skoda , Laggards-club , Mitsubishi , Nissan , Renault , Western-brands , Far-east , Daewoo-motors , Coming

Bangladesh protests: Fresh clashes as Bangladesh garment workers protest low wage

Thousands of garment workers in Bangladesh have staged protests, demanding fair wages for their work, which includes making clothing for Western brands. These protests come a day after similar demonstrations left at least two people dead. Tens of thousands of workers at factories in Ashulia and Gazipur, two major industrial areas in Bangladesh, went on strike, leading to confrontations with the police who used tear gas and rubber bullets.

Bangladesh , Dhaka , India , Bangladeshi , Sramik-samhati , Al-kamran , Mahmud-naser , Taslima-akter , Sheikh-hasina , South-asian , Garment-sramik-samhati

Outside Source

this was the scene in moscow — people waited in crowds for hours to get into the first restaurant to be served. the opening was seen as a symbol of moscow embracing the west. at the time, the soviet union was opening its economy to western brands. the bbc�*s russia editor steve rosenburg called the closing, the "end of an era" adding, "when the 1st mcdonald's opened here, american burgers, fries & pies were a symbol of moscow embracing the west: hot food to end a cold war. we live in very different times..." they've said that is it, we are out in this is under huge pressure and they said they do not want an iconic brand to be representing the us to be funding russian war efforts. they have come out and said where's ending this, this will cost them money to. this will cost them $1.4 billion but others that have left

People , Of-moscow-embracing-the-west , Soviet-union , Economy , Crowds , Opening , Restaurant , Scene , Moscow , Western-brands , Bbc , Russian

Breakfast-20220304-06:29:00

because western expertise will have helped russia develop their oil fields over the past years. our trading relationship with russia has also effectively ended. russia's ships have been banned from uk ports. before all this the country was our 19th biggest trading partner making up about 1% of our total trade, mostly gas and oil. the government's admitted the uk will suffer economic pain as a result of all this. but the general consensus is these measures will hurt russia's economy much more and that list of western brands checking out could also have a big isolation impact on people. the question is if they will put pressure on putin to change course. that's what we are all waiting to see. thank you very much. time now to get the news, travel and weather where you are. good morning from bbc london. i'm tolu adeoye.

Mi5t-country , Accused-russia , Expertise , Trading-partner , British , Oil-fields , Trading-relationship , Ports , Ships , 1 , 19 , Result