Browse content similar to 25/09/2014. Check below for episodes and series from the same categories and more!
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incredibly high on his priorities. Now, all the latest business news | :00:00. | :00:14. | |
with Asia Business Report. An agricultural giant pledges to | :00:15. | :00:20. | |
help stop deforestation. We ask if they will walk the talk. Immigrants | :00:21. | :00:26. | |
to Australia have been struggling to find jobs because of rising | :00:27. | :00:29. | |
unemployment and sometimes discrimination. One of the world's | :00:30. | :00:42. | |
largest agricultural companies has pledged to root out deforestation | :00:43. | :00:47. | |
from its supply chain. Cargill, which is a major palm oil producer | :00:48. | :00:54. | |
and processor is growing like wheat and corn made the commitment at the | :00:55. | :00:58. | |
UN Climate Summit in New York on Tuesday. They are among 40 companies | :00:59. | :01:03. | |
that will try to end tropical deforestation by 2030. We asked the | :01:04. | :01:10. | |
Cargill chief executive what led to this move. It is too big to ignore | :01:11. | :01:15. | |
and that is why I want Cargill to be a leader and to be out in front, | :01:16. | :01:19. | |
doing whatever we can, and bringing others with us relative to borrow | :01:20. | :01:26. | |
station. It will add volatility, extreme temperatures, lack of | :01:27. | :01:29. | |
rainfall or extreme rainfall. We believe that we are good at risk | :01:30. | :01:35. | |
management and want to manage risk for our own businesses and our | :01:36. | :01:39. | |
customers. In the past, companies and financial leaders have said that | :01:40. | :01:43. | |
they cannot do anything about climate change because it would hurt | :01:44. | :01:50. | |
economic growth. I think that we are at a tipping point. Are we at a | :01:51. | :01:57. | |
tipping point where...? I think the mindset is changing. Economic growth | :01:58. | :02:03. | |
and economic success are not incompatible with doing something | :02:04. | :02:08. | |
about climate change. Not incompatible with taking deliberate | :02:09. | :02:14. | |
and smart as specific steps to do whatever we can to build sustainable | :02:15. | :02:18. | |
supply chains and to make sure we take steps to eradicate | :02:19. | :02:21. | |
deforestation and climate change will stop I do not believe that they | :02:22. | :02:29. | |
are incompatible and I do think that the momentum is significant. The | :02:30. | :02:35. | |
chief executive of Cargill, talking to the BBC. | :02:36. | :02:41. | |
Japan and the US have begun high`level talks in Washington, | :02:42. | :02:46. | |
aimed at breaking a deadlock over a free`trade zone that would encompass | :02:47. | :02:50. | |
over 40% of global output. Negotiations for the Trans`Pacific | :02:51. | :02:54. | |
Partnership have stalled largely because Tokyo and Washington have | :02:55. | :02:58. | |
failed to resolve their differences. Earlier, I asked one trade expert | :02:59. | :03:01. | |
whether she thinks the deal can pass. On a positive note, Shinzo | :03:02. | :03:10. | |
Abe, the Japanese prime minister, has been making a lot of speeches | :03:11. | :03:14. | |
lately about the need for agricultural reform inside Japan. | :03:15. | :03:19. | |
There is a window of opportunity here for the Japanese to seize the | :03:20. | :03:23. | |
TPP talks as a mechanism for getting domestic reforms in an important | :03:24. | :03:27. | |
sector for them. The Japanese and the Prime Minister Shinzo Abe | :03:28. | :03:31. | |
pushing for these reforms... Are we likely to see this happen over the | :03:32. | :03:38. | |
next few meetings in October and after the mid`term elections in the | :03:39. | :03:45. | |
US? I hope so because if we do not see it then, the window of | :03:46. | :03:50. | |
opportunity is shrinking. The timing is very important. In order to get | :03:51. | :03:54. | |
the agreement as a whole across 12 parties to close, the portion | :03:55. | :04:01. | |
between the US and Japan is crucial. And apart from the agricultural | :04:02. | :04:06. | |
issue, there are barriers for automotive trade involving the other | :04:07. | :04:14. | |
12 countries. There are also intellectual property rights and | :04:15. | :04:17. | |
environmental protection as well. The last 48 hours are critical. That | :04:18. | :04:23. | |
is when the sensitive issues get resolved. It is not until the bitter | :04:24. | :04:28. | |
end that we will see resolution on these issues that you have | :04:29. | :04:38. | |
mentioned. BlackBerry has held its first major smartphone launch in two | :04:39. | :04:44. | |
years. Its new model is bigger but is it better? The company has been | :04:45. | :04:49. | |
under heavy pressure to come up with a new product but will it be enough? | :04:50. | :04:58. | |
Or is it simply too little too late? In the smartphone battle, BlackBerry | :04:59. | :05:03. | |
has had a pretty torrid few years, it is fair to say, but this is the | :05:04. | :05:07. | |
device it believes will get it back in the fight. It is called the | :05:08. | :05:11. | |
passport and it has a keyboard. TPP are returning to what they see as | :05:12. | :05:19. | |
their key strength. `` BlackBerry are returning to what they see as | :05:20. | :05:25. | |
their key strength. The size and the shape of the model. We want to give | :05:26. | :05:31. | |
people the real estate on the screen without compromising... It is big! | :05:32. | :05:40. | |
It fits in your pocket quite easily. People still like the big | :05:41. | :05:44. | |
screen and the keyboard, we only have three physical lines of keys. | :05:45. | :05:52. | |
People will want to ask where are the apps? There are so many great | :05:53. | :05:58. | |
apps you can have on other phones but you don't have them. We really | :05:59. | :06:04. | |
have not yet proven ourselves in the market on that in this stage, but we | :06:05. | :06:09. | |
do have the capacity for apps and we will be releasing these on this | :06:10. | :06:15. | |
phone and other phones as well. If I want to play games and share photos, | :06:16. | :06:21. | |
what about Instagram smack you can get all of those apps on the Amazon | :06:22. | :06:28. | |
store. The truth is that your customers have all gone off to Apple | :06:29. | :06:35. | |
and Android and they won't come back. I'm getting the complete | :06:36. | :06:37. | |
opposite when we present this. They see the innovation, they see what we | :06:38. | :06:45. | |
have done with the keyboard. They understand our security levels. And | :06:46. | :06:47. | |
we have great battery life. 25 hours solid battery life. BHP Billiton is | :06:48. | :06:57. | |
considering a secondary listing in London for its new spin`off company | :06:58. | :07:02. | |
instead of Australia or South Africa. In August, BHP said it was | :07:03. | :07:07. | |
separating its non`core mining assets of aluminium, coal, nickel, | :07:08. | :07:11. | |
manganese and silver into a new entity, which analysts estimate | :07:12. | :07:17. | |
could be worth $70 billion. Migrants have played a major role in | :07:18. | :07:21. | |
Australia's long`term economic success but at the moment, | :07:22. | :07:25. | |
unemployment tops 6% and a recent study by the Australian bureau of | :07:26. | :07:29. | |
statistics says the outlook is even tougher for new migrants and | :07:30. | :07:33. | |
temporary residents. One in three find it hard to land their first | :07:34. | :07:38. | |
job. This chef spoke only Mandarin when | :07:39. | :07:42. | |
he arrived in Australia from Beijing in the late 1980s. He now runs his | :07:43. | :07:48. | |
own restaurant in Sydney. But in the early days, and lack of English was | :07:49. | :07:52. | |
a real obstacle. Unable to find work, he went to college. It was the | :07:53. | :07:58. | |
start of a successful journey. The language is the first priority to | :07:59. | :08:03. | |
mix with the locals so I went to learn English. When you can | :08:04. | :08:08. | |
communicate, you can start a new life. Life is good, family is good, | :08:09. | :08:19. | |
children is good. All from working hard unemployment in Australia visa | :08:20. | :08:26. | |
records not seen for more than a decade. Migrants from non`English | :08:27. | :08:30. | |
speaking backgrounds have traditionally had higher rates of | :08:31. | :08:33. | |
joblessness than other Australians and there are fears the gap will | :08:34. | :08:39. | |
only widen as the situation gets worse. John arrived as a refugee ten | :08:40. | :08:46. | |
years ago. He now has a degree in medical science but cannot break | :08:47. | :08:50. | |
into his chosen field. About his time in Australia, he has found the | :08:51. | :08:54. | |
labour market a tough challenge. I had to struggle for the first three | :08:55. | :09:02. | |
years. I had to struggle to go to school. And then I had to go and get | :09:03. | :09:06. | |
a factory job. That was very difficult. I had to keep trying | :09:07. | :09:16. | |
until I got my first job. 25% of Australians were born overseas. This | :09:17. | :09:18. | |
is a modern country built by successive waves of immigration. | :09:19. | :09:23. | |
There is a belief that adversity has made the Australian economy | :09:24. | :09:29. | |
stronger. There is an overwhelming consensus in Australia that | :09:30. | :09:31. | |
multiculturalism and immigration has been a good thing. The links | :09:32. | :09:33. | |
immigration and trade, foreign investment, have improved | :09:34. | :09:41. | |
Australia's per capita income. Migrants often struggle to find a | :09:42. | :09:45. | |
job in Australia because of a lack of relevant experience, language | :09:46. | :09:49. | |
problems and discrimination. Most eventually overcome these initial | :09:50. | :09:53. | |
struggles but if it gets even harder for new arrivals to find work, it | :09:54. | :09:58. | |
will be a concern for the whole economy. | :09:59. | :10:05. | |
Before we go, here is a quick look at the markets. Asia is currently in | :10:06. | :10:09. | |
positive territory in early trading. | :10:10. | :10:27. | |
Thank you for investing your time with us. Goodbye for now. | :10:28. | :10:40. | |
This is BBC News. The | :10:41. | :10:41. |