Browse content similar to 28/01/2013. Check below for episodes and series from the same categories and more!
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Those are the latest headlines. Now In search of profits - internet | :00:22. | :00:30. | |
giant Yahoo unveils 2012 earnings. And a top French bank chief tells | :00:30. | :00:34. | |
World Business Report the answer to French economic problems is to cut | :00:34. | :00:44. | |
:00:44. | :00:48. | ||
tax, rather than raise it. Hello and a warm welcome, this is | :00:48. | :00:53. | |
World Business Report. From internet hero to internet 0, Yahoo | :00:53. | :00:59. | |
has had a rocky few years. It has haemorrhaged users, investors and | :00:59. | :01:03. | |
even she executives in recent times. Marissa Mayer is the new head of | :01:03. | :01:07. | |
the helm and there are early signs she could be churning around the | :01:07. | :01:11. | |
group's fortunes. But she still faces an almighty battle if she is | :01:11. | :01:16. | |
to take on rivals such as Google and Facebook. | :01:16. | :01:22. | |
In the 1990s and early to thousands, Yahoo's portal was ubiquitous on | :01:22. | :01:30. | |
the internet. The company employed 14,000 staff at its height. It | :01:30. | :01:35. | |
rejected a takeover from Microsoft, saying it was not enough. But it | :01:35. | :01:42. | |
lost ground to rivals. Dougal are 75% of the search market. The share | :01:42. | :01:47. | |
price has tumbled and it has shed thousands of staff. The sea is a | :01:47. | :01:53. | |
complicated market. You need a presence in mobile, presence in | :01:53. | :01:56. | |
search, presence in display. Something you can only compete in | :01:56. | :02:02. | |
if you have a solid strategy behind you and solid leadership. Guy who | :02:02. | :02:06. | |
was missing those of the stings for a number of years. -- Yahoo. We | :02:07. | :02:12. | |
have only seen any real leadership brought in the business recently. | :02:12. | :02:17. | |
Marissa Mayer took over last US chief executive. Company results | :02:17. | :02:24. | |
have improved slightly and the share prices on the rise. Until now, | :02:24. | :02:29. | |
Yahoo has provided content for the desktop computer. But Marissa Mayer | :02:29. | :02:33. | |
has been telling investors that the company will focus on providing | :02:33. | :02:42. | |
content for this, the smartphone. Yahoo is now in a race with the | :02:42. | :02:45. | |
likes of Google and Microsoft to be the first to come up with a | :02:45. | :02:50. | |
workable solution. They need to leapfrog and get into new areas | :02:50. | :02:56. | |
like mobile. The need to get there faster than anyone else. A lot of | :02:56. | :02:59. | |
the changes that Marissa Mayer is making a really good and | :02:59. | :03:06. | |
interesting. But there are only bringing them up to its rivals. | :03:06. | :03:10. | |
Yahoo can find a radically better way to present Web content on | :03:10. | :03:15. | |
smaller screens, it could win over millions of people. But what it | :03:15. | :03:20. | |
offers will have to be truly great if it is to regain its place in the | :03:20. | :03:26. | |
internet's Premier League. The man who runs one of France's | :03:27. | :03:30. | |
biggest banks has told the BBC that France should be cutting taxes, not | :03:30. | :03:35. | |
raising them, if it wants wealth to start growing. It follows an exodus | :03:35. | :03:43. | |
by some of France's richest. Society General chief also told us | :03:43. | :03:47. | |
that governments across the eurozone would have to do more to | :03:47. | :03:53. | |
insure a strong rebound in economic growth this year. | :03:53. | :03:59. | |
The question is how significant will be this rebound. It might not | :03:59. | :04:06. | |
be enough. If we should have countries doing more or in 2014 in | :04:06. | :04:16. | |
terms of co-ordination to stimulate. What more stimulation do you want? | :04:16. | :04:20. | |
Governments are spending money. The European Central Bank has interest | :04:20. | :04:30. | |
:04:30. | :04:30. | ||
rates low. It is not monitoring tools. It is time to progressively | :04:30. | :04:37. | |
look at liquidity. It is about more co-ordination in key policies. If | :04:37. | :04:43. | |
you take the energy sector, you have better European common policy. | :04:43. | :04:48. | |
Having access to cheap energy is a key driver of gross. Adjust the | :04:48. | :04:54. | |
financial sector. Try to turn the page on the crisis and think about | :04:54. | :05:01. | |
strategy to build an efficient European financial sector. Not just | :05:01. | :05:09. | |
and regulation. It is more about this and bringing up the confidence | :05:09. | :05:15. | |
level in the eurozone as an attractive place to invest. France | :05:15. | :05:19. | |
has been caught up in a lot of controversy over tax levels and | :05:19. | :05:23. | |
there has been debate about wealthy people in France as to whether they | :05:23. | :05:29. | |
want to stay there. What you think? It is a legitimate debate. We | :05:29. | :05:36. | |
should aim to reduce taxes. We need to be more competitive. The level | :05:36. | :05:41. | |
of public spending is too high. We need to have a more efficient | :05:41. | :05:48. | |
public system. We need to advance lower taxes going forward. | :05:48. | :05:52. | |
There could be some good news for thousands of workers at the world's | :05:52. | :05:58. | |
biggest platinum miner. It could hold off on plans to shed 14,000 | :05:58. | :06:01. | |
staff following crisis talks with trade unions over the weekend. He | :06:02. | :06:05. | |
denounced the lay-offs earlier in the month. It follows months of | :06:05. | :06:10. | |
heavy losses. This was due to rolling strikes in South Africa due | :06:10. | :06:13. | |
to violent clashes between unions and police. | :06:13. | :06:17. | |
Chinese industry goes from strength to strength. Profits at | :06:17. | :06:25. | |
manufacturers increased 17%. Firms made $182 billion last month. | :06:25. | :06:29. | |
Electric goods makers fared the best. Profits in the steelmaking | :06:30. | :06:39. | |
:06:40. | :06:40. | ||
sector plunged by 39%. People of all ages and backgrounds | :06:40. | :06:44. | |
sucking on the who go all water pipe in Turkey. As a Sunday, the | :06:44. | :06:52. | |
practice is all meant. In 2009, the ban on tobacco smoking in public | :06:52. | :07:00. | |
places that a loophole. But no more. From one bend to something | :07:00. | :07:04. | |
approaching that in Hong Kong. Government plans to restrict access | :07:04. | :07:07. | |
to company information has angered thousands of journalists. They | :07:08. | :07:12. | |
claim the move announced Titian's a share. The Chinese territory is one | :07:12. | :07:17. | |
of the few places in Asia where the people can access the information | :07:17. | :07:23. | |
of Public directors, letting them expose fraud and corruption. Just | :07:23. | :07:33. | |
:07:33. | :07:35. | ||
tell us why they are doing this? the moment the public, for a very | :07:35. | :07:40. | |
small fee, can access the home address and identification numbers | :07:40. | :07:45. | |
of company directors. Over one million of them. This type of | :07:46. | :07:49. | |
access is unprecedented in other parts of China. At this point in | :07:49. | :07:53. | |
time, Hong Kong's government says they need to restrict access to | :07:53. | :07:56. | |
this information in order to protect the privacy of company | :07:57. | :08:02. | |
bosses. The timing of this is being questioned. This comes just months | :08:02. | :08:05. | |
after a foreign journalists uncovered fortunes linked to | :08:06. | :08:09. | |
Chinese premier Wen Jiabao as well as the incoming President Xi | :08:09. | :08:15. | |
Jingping. That is why there is this pressure coming from mainland China | :08:15. | :08:20. | |
to stop the media at scrutinising its leaders. The timing is key. | :08:21. | :08:24. | |
Only recently we have the new leadership in China. They were keen | :08:24. | :08:29. | |
to say they wanted to wipe out corruption and do more to make | :08:29. | :08:38. | |
things transparent. But this tells us the opposite. Indeed. In today's | :08:38. | :08:43. | |
paper's journalists, over 1,700 of them, as well as the public, have | :08:43. | :08:47. | |
published an advertisement in newspapers trying to oppose this | :08:47. | :08:51. | |
government proposal. They say that secrecy breeds corruption. They | :08:51. | :08:56. | |
believe that restricting company information. A lot of journalists | :08:56. | :09:00. | |
from doing investigative pieces. It will also facilitate money | :09:00. | :09:05. | |
laundering. That is why so many people oppose this. Not just | :09:05. | :09:09. | |
journalists, but also smaller businesses and labour groups. They | :09:09. | :09:14. | |
depend on this information to chase up on business transactions. | :09:14. | :09:19. | |
Showing you how things were going on the markets in Asia. We are | :09:19. | :09:23. | |
seeing a mixed picture. Quite a bit of good economic news coming out | :09:24. | :09:29. | |
and some bad. Japan seeing a slight loss, almost a present. The yen has | :09:29. | :09:36. | |
strengthened today. -- almost on descent. That is hurting exporters. | :09:36. | :09:40. |