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Those are the latest headlines from Those are the latest headlines from | :00:00. | :00:01. | |
BBC News. Now for the latest BBC News. Now for the latest | :00:01. | :00:02. | |
BBC News. Now for the latest financial news with Sally Bundock | :00:02. | :00:12. | |
:00:12. | :00:18. | ||
financial news with Sally Bundock The prospect of a political | :00:18. | :00:19. | |
The prospect of a political The prospect of a political | :00:19. | :00:20. | |
stalemate in Italy has the markets stalemate in Italy has the markets | :00:20. | :00:24. | |
and business worried. and business worried. | :00:24. | :00:25. | |
and business worried. and business worried. | :00:25. | :00:26. | |
Sony wants to be a big player in Sony wants to be a big player in | :00:26. | :00:27. | |
mobile, the company's chief mobile, the company's chief | :00:28. | :00:29. | |
mobile, the company's chief mobile, the company's chief | :00:29. | :00:29. | |
executive tells us how he plans, to executive tells us how he plans, to | :00:29. | :00:39. | |
Welcome to World Business Report. Welcome to World Business Report. | :00:39. | :00:40. | |
Welcome to World Business Report. I'm Sally Bundock. Also in the | :00:40. | :00:41. | |
I'm Sally Bundock. Also in the programme: The International Herald | :00:41. | :00:42. | |
programme: The International Herald programme: The International Herald | :00:42. | :00:43. | |
programme: The International Herald Tribune is to get a makeover. We | :00:43. | :00:46. | |
Tribune is to get a makeover. We will have the details. | :00:46. | :00:47. | |
will have the details. Markets hate uncertainty, but | :00:47. | :00:49. | |
Markets hate uncertainty, but Markets hate uncertainty, but | :00:49. | :00:49. | |
that's what the Italian election that's what the Italian election | :00:49. | :00:51. | |
that's what the Italian election seems to have delivered. The | :00:51. | :00:52. | |
seems to have delivered. The seems to have delivered. The | :00:52. | :00:53. | |
centre-left coalition led by Pier centre-left coalition led by Pier | :00:53. | :00:54. | |
centre-left coalition led by Pier Luigi Bersani is short of the | :00:54. | :00:55. | |
Luigi Bersani is short of the Luigi Bersani is short of the | :00:55. | :00:56. | |
majority it needs in the Upper majority it needs in the Upper | :00:56. | :00:58. | |
majority it needs in the Upper majority it needs in the Upper | :00:58. | :00:59. | |
House to govern. It was denied a House to govern. It was denied a | :00:59. | :01:00. | |
House to govern. It was denied a clear victory, in part by the | :01:00. | :01:01. | |
clear victory, in part by the astonishing success of comedian, | :01:01. | :01:04. | |
astonishing success of comedian, turned politician, Beppe Grillo. | :01:04. | :01:05. | |
turned politician, Beppe Grillo. turned politician, Beppe Grillo. | :01:05. | :01:06. | |
turned politician, Beppe Grillo. The euro has been falling on the | :01:06. | :01:07. | |
The euro has been falling on the The euro has been falling on the | :01:07. | :01:09. | |
news and stock markets have been news and stock markets have been | :01:09. | :01:11. | |
shaky too. More on the markets shaky too. More on the markets | :01:11. | :01:12. | |
shaky too. More on the markets shortly. But first Nigel Cassidy | :01:12. | :01:13. | |
shortly. But first Nigel Cassidy shortly. But first Nigel Cassidy | :01:13. | :01:14. | |
reports on why the Italian economy reports on why the Italian economy | :01:14. | :01:24. | |
:01:24. | :01:26. | ||
It is the first working day after It is the first working day after | :01:26. | :01:27. | |
It is the first working day after It is the first working day after | :01:27. | :01:28. | |
It is the first working day after the big vote, but it is too soon to | :01:28. | :01:29. | |
the big vote, but it is too soon to the big vote, but it is too soon to | :01:29. | :01:31. | |
the big vote, but it is too soon to tell if Italy is to take a new | :01:31. | :01:32. | |
tell if Italy is to take a new tell if Italy is to take a new | :01:32. | :01:33. | |
economic sand. The budget deficit economic sand. The budget deficit | :01:33. | :01:37. | |
economic sand. The budget deficit is just manageable. Yet the new | :01:37. | :01:39. | |
is just manageable. Yet the new administration inherits a business | :01:39. | :01:41. | |
administration inherits a business administration inherits a business | :01:41. | :01:42. | |
economy, that after 14 years of economy, that after 14 years of | :01:42. | :01:44. | |
economy, that after 14 years of near zero growth, a double dip | :01:44. | :01:46. | |
near zero growth, a double dip near zero growth, a double dip | :01:46. | :01:47. | |
recession, and a year of austerity, recession, and a year of austerity, | :01:47. | :01:48. | |
recession, and a year of austerity, is not productive or competitive | :01:48. | :01:50. | |
is not productive or competitive is not productive or competitive | :01:50. | :01:52. | |
enough to create the wealth because enough to create the wealth because | :01:52. | :01:54. | |
enough to create the wealth because it means. The prime minister's | :01:54. | :01:55. | |
it means. The prime minister's it means. The prime minister's | :01:55. | :01:58. | |
government left the office with a government left the office with a | :01:58. | :01:59. | |
government left the office with a government left the office with a | :01:59. | :02:09. | |
:02:09. | :02:21. | ||
lot - mile long list of unfinished TRANSLATION: -- this employer | :02:21. | :02:23. | |
TRANSLATION: -- this employer TRANSLATION: -- this employer | :02:23. | :02:25. | |
thinks Italy should cut the red thinks Italy should cut the red | :02:25. | :02:29. | |
thinks Italy should cut the red tape. And to resist any pressure | :02:29. | :02:30. | |
tape. And to resist any pressure tape. And to resist any pressure | :02:30. | :02:32. | |
from the left to modernise Italy's from the left to modernise Italy's | :02:32. | :02:35. | |
from the left to modernise Italy's employment rules. They tend to be | :02:35. | :02:36. | |
employment rules. They tend to be employment rules. They tend to be | :02:36. | :02:38. | |
over-protective of the ones in the over-protective of the ones in the | :02:38. | :02:40. | |
over-protective of the ones in the system and very unfair towards the | :02:40. | :02:41. | |
system and very unfair towards the system and very unfair towards the | :02:41. | :02:42. | |
system and very unfair towards the ones who are out of the system. | :02:42. | :02:44. | |
ones who are out of the system. ones who are out of the system. | :02:44. | :02:49. | |
What we encourage is more balanced. What we encourage is more balanced. | :02:49. | :02:55. | |
What we encourage is more balanced. What we encourage is more balanced. | :02:55. | :02:57. | |
We want a law that has less We want a law that has less | :02:57. | :02:59. | |
We want a law that has less constraints on the company side. | :02:59. | :03:01. | |
constraints on the company side. constraints on the company side. | :03:01. | :03:07. | |
And to allow more flexibility. And to allow more flexibility. | :03:07. | :03:09. | |
And to allow more flexibility. began company owes its existence to | :03:09. | :03:13. | |
began company owes its existence to began company owes its existence to | :03:13. | :03:14. | |
early reforms, helping start -- early reforms, helping start -- | :03:14. | :03:15. | |
early reforms, helping start -- made its way through Italian | :03:15. | :03:19. | |
made its way through Italian made its way through Italian | :03:19. | :03:20. | |
bureaucracy. Sometimes I have the bureaucracy. Sometimes I have the | :03:20. | :03:21. | |
bureaucracy. Sometimes I have the bureaucracy. Sometimes I have the | :03:22. | :03:25. | |
feeling that we are like a big feeling that we are like a big | :03:25. | :03:29. | |
feeling that we are like a big feeling that we are like a big | :03:29. | :03:30. | |
balloon. We must work on this. And balloon. We must work on this. And | :03:30. | :03:32. | |
balloon. We must work on this. And balloon. We must work on this. And | :03:32. | :03:33. | |
then we can fly. It is 14 years then we can fly. It is 14 years | :03:33. | :03:34. | |
then we can fly. It is 14 years since any telling government has | :03:34. | :03:36. | |
since any telling government has since any telling government has | :03:36. | :03:37. | |
managed to sustain growth. Before managed to sustain growth. Before | :03:37. | :03:39. | |
managed to sustain growth. Before that can ever happen, been the | :03:39. | :03:40. | |
that can ever happen, been the that can ever happen, been the | :03:40. | :03:41. | |
prime minister has to reassure prime minister has to reassure | :03:42. | :03:43. | |
prime minister has to reassure Germany, the financial markets, and | :03:43. | :03:44. | |
Germany, the financial markets, and Germany, the financial markets, and | :03:44. | :03:45. | |
international lenders that Italy is international lenders that Italy is | :03:45. | :03:51. | |
a reliable economic partner. a reliable economic partner. | :03:51. | :03:53. | |
a reliable economic partner. a reliable economic partner. | :03:53. | :03:55. | |
I am joined by market analyst for I am joined by market analyst for | :03:55. | :03:56. | |
I am joined by market analyst for more analysis. The markets have | :03:56. | :03:57. | |
more analysis. The markets have more analysis. The markets have | :03:57. | :03:58. | |
reacted in the way we expected. reacted in the way we expected. | :03:58. | :04:00. | |
reacted in the way we expected. reacted in the way we expected. | :04:00. | :04:01. | |
Shares falling in the US as it has Shares falling in the US as it has | :04:01. | :04:02. | |
Shares falling in the US as it has emerged there is no clear winner. | :04:02. | :04:03. | |
emerged there is no clear winner. emerged there is no clear winner. | :04:03. | :04:07. | |
The Yuri sinking as well. Exactly. The Yuri sinking as well. Exactly. | :04:07. | :04:08. | |
The Yuri sinking as well. Exactly. His has been the worst possible | :04:08. | :04:13. | |
His has been the worst possible His has been the worst possible | :04:13. | :04:16. | |
outcome, in many respects. -- this outcome, in many respects. -- this | :04:16. | :04:18. | |
outcome, in many respects. -- this has. We were looking for a | :04:19. | :04:20. | |
has. We were looking for a has. We were looking for a | :04:20. | :04:21. | |
correction. The outcome is very correction. The outcome is very | :04:21. | :04:24. | |
correction. The outcome is very much a backlash against Brussels. | :04:24. | :04:25. | |
much a backlash against Brussels. much a backlash against Brussels. | :04:25. | :04:32. | |
Seeing that the majority is anti- Seeing that the majority is anti- | :04:32. | :04:33. | |
Seeing that the majority is anti- euro. The austerity measures are | :04:33. | :04:35. | |
euro. The austerity measures are euro. The austerity measures are | :04:35. | :04:37. | |
being driven backwards. We will see being driven backwards. We will see | :04:37. | :04:38. | |
being driven backwards. We will see being driven backwards. We will see | :04:38. | :04:40. | |
further down sides to come. We must further down sides to come. We must | :04:40. | :04:41. | |
further down sides to come. We must watch closely, the interest rate on | :04:41. | :04:46. | |
watch closely, the interest rate on watch closely, the interest rate on | :04:46. | :04:49. | |
Italian debts. That is the biggest Italian debts. That is the biggest | :04:49. | :04:51. | |
Italian debts. That is the biggest issue. We have seen the interest | :04:51. | :04:52. | |
issue. We have seen the interest issue. We have seen the interest | :04:52. | :04:53. | |
rate for considerably from the last rate for considerably from the last | :04:53. | :04:56. | |
rate for considerably from the last rate for considerably from the last | :04:56. | :04:57. | |
few months. This comes on the back few months. This comes on the back | :04:57. | :04:58. | |
few months. This comes on the back of my a Jardine making statements | :04:59. | :05:00. | |
of my a Jardine making statements of my a Jardine making statements | :05:00. | :05:00. | |
of my a Jardine making statements that he will do whatever it takes | :05:01. | :05:02. | |
that he will do whatever it takes that he will do whatever it takes | :05:02. | :05:12. | |
:05:12. | :05:13. | ||
that he will do whatever it takes -- Mario Draghi. The eurozone debt | :05:13. | :05:14. | |
-- Mario Draghi. The eurozone debt -- Mario Draghi. The eurozone debt | :05:14. | :05:17. | |
crisis could loom even larger. crisis could loom even larger. | :05:17. | :05:18. | |
crisis could loom even larger. crisis could loom even larger. | :05:18. | :05:19. | |
sounds like this Dell could be with sounds like this Dell could be with | :05:19. | :05:22. | |
sounds like this Dell could be with us for some weeks. Had eating | :05:22. | :05:24. | |
us for some weeks. Had eating us for some weeks. Had eating | :05:24. | :05:27. | |
traders will behave between now and traders will behave between now and | :05:27. | :05:29. | |
traders will behave between now and traders will behave between now and | :05:29. | :05:29. | |
then? -- how do you think. Markets then? -- how do you think. Markets | :05:29. | :05:32. | |
then? -- how do you think. Markets do not like uncertainty. The debt | :05:33. | :05:35. | |
do not like uncertainty. The debt do not like uncertainty. The debt | :05:35. | :05:36. | |
do not like uncertainty. The debt markets is the one area which will | :05:36. | :05:37. | |
markets is the one area which will markets is the one area which will | :05:37. | :05:38. | |
markets is the one area which will see the -- seed this take place. | :05:38. | :05:40. | |
see the -- seed this take place. see the -- seed this take place. | :05:40. | :05:41. | |
Italy is the third-largest economy Italy is the third-largest economy | :05:41. | :05:42. | |
Italy is the third-largest economy Italy is the third-largest economy | :05:42. | :05:43. | |
in the eurozone. It has a certain in the eurozone. It has a certain | :05:43. | :05:44. | |
in the eurozone. It has a certain amount of power within the eurozone | :05:44. | :05:54. | |
:05:54. | :06:02. | ||
Thank you. We will keep you across Thank you. We will keep you across | :06:02. | :06:03. | |
Thank you. We will keep you across Thank you. We will keep you across | :06:03. | :06:04. | |
all of the market reaction on the all of the market reaction on the | :06:04. | :06:06. | |
all of the market reaction on the BBC, to that major story. | :06:06. | :06:07. | |
BBC, to that major story. BBC, to that major story. | :06:07. | :06:08. | |
The boss of the ailing electronics The boss of the ailing electronics | :06:08. | :06:09. | |
The boss of the ailing electronics group Sony has warned his workforce | :06:09. | :06:10. | |
group Sony has warned his workforce group Sony has warned his workforce | :06:10. | :06:11. | |
group Sony has warned his workforce of more hard times ahead. Nearly a | :06:11. | :06:12. | |
of more hard times ahead. Nearly a of more hard times ahead. Nearly a | :06:12. | :06:13. | |
of more hard times ahead. Nearly a year into his tenure as CEO, Kazuo | :06:13. | :06:14. | |
year into his tenure as CEO, Kazuo year into his tenure as CEO, Kazuo | :06:14. | :06:15. | |
year into his tenure as CEO, Kazuo Hirai said his staff needed to be | :06:15. | :06:16. | |
Hirai said his staff needed to be Hirai said his staff needed to be | :06:16. | :06:17. | |
Hirai said his staff needed to be as resolute as him to turn things | :06:17. | :06:18. | |
as resolute as him to turn things as resolute as him to turn things | :06:18. | :06:19. | |
around. He is speaking to our around. He is speaking to our | :06:19. | :06:20. | |
around. He is speaking to our correspondent at the Mobile World | :06:20. | :06:21. | |
correspondent at the Mobile World correspondent at the Mobile World | :06:21. | :06:22. | |
Congress in Barcelona. He also said Congress in Barcelona. He also said | :06:22. | :06:24. | |
Congress in Barcelona. He also said that success in the mobile industry | :06:24. | :06:25. | |
that success in the mobile industry that success in the mobile industry | :06:25. | :06:34. | |
Sony believes it has the history, Sony believes it has the history, | :06:34. | :06:35. | |
Sony believes it has the history, the research capability, and the | :06:35. | :06:36. | |
the research capability, and the the research capability, and the | :06:36. | :06:37. | |
sheer marketing muscle to be a sheer marketing muscle to be a | :06:37. | :06:39. | |
sheer marketing muscle to be a major player in mobile phones. | :06:39. | :06:40. | |
major player in mobile phones. major player in mobile phones. | :06:40. | :06:42. | |
major player in mobile phones. Right now, it has some attractive - | :06:42. | :06:43. | |
Right now, it has some attractive - Right now, it has some attractive - | :06:43. | :06:44. | |
- attractive handsets well reviewed - attractive handsets well reviewed | :06:44. | :06:46. | |
- attractive handsets well reviewed - attractive handsets well reviewed | :06:46. | :06:47. | |
by the critics. Despite all of that, by the critics. Despite all of that, | :06:47. | :06:49. | |
by the critics. Despite all of that, by the critics. Despite all of that, | :06:49. | :06:50. | |
it is struggling to make an impact it is struggling to make an impact | :06:50. | :06:52. | |
it is struggling to make an impact it is struggling to make an impact | :06:52. | :06:53. | |
or at a profit. I asked the chief or at a profit. I asked the chief | :06:53. | :06:54. | |
or at a profit. I asked the chief executive Kazuo Hirai will what | :06:54. | :06:56. | |
executive Kazuo Hirai will what exactly is going on. One of the | :06:56. | :06:58. | |
exactly is going on. One of the exactly is going on. One of the | :06:58. | :06:59. | |
biggest challenges we had in the biggest challenges we had in the | :06:59. | :07:00. | |
biggest challenges we had in the biggest challenges we had in the | :07:00. | :07:01. | |
past was the fact that our mobile past was the fact that our mobile | :07:01. | :07:02. | |
past was the fact that our mobile business was based on a joint | :07:02. | :07:04. | |
business was based on a joint venture. When the originally | :07:04. | :07:06. | |
venture. When the originally venture. When the originally | :07:06. | :07:07. | |
started the joint venture, both of started the joint venture, both of | :07:07. | :07:09. | |
started the joint venture, both of the parent company's were relying | :07:09. | :07:10. | |
the parent company's were relying the parent company's were relying | :07:10. | :07:11. | |
the parent company's were relying on word -- were confused about the | :07:11. | :07:15. | |
on word -- were confused about the on word -- were confused about the | :07:15. | :07:16. | |
objectives. On the way, whether it objectives. On the way, whether it | :07:16. | :07:18. | |
objectives. On the way, whether it is the use of older operating | :07:18. | :07:19. | |
is the use of older operating is the use of older operating | :07:19. | :07:20. | |
is the use of older operating systems of whether we need to go | :07:20. | :07:21. | |
systems of whether we need to go systems of whether we need to go | :07:21. | :07:22. | |
mass-market, we have taken more mass-market, we have taken more | :07:23. | :07:29. | |
mass-market, we have taken more time to discuss rather than execute. | :07:29. | :07:30. | |
time to discuss rather than execute. time to discuss rather than execute. | :07:30. | :07:31. | |
time to discuss rather than execute. Where does mobile come for you? How | :07:31. | :07:33. | |
Where does mobile come for you? How Where does mobile come for you? How | :07:33. | :07:34. | |
Where does mobile come for you? How important is it? As far as the | :07:34. | :07:36. | |
important is it? As far as the important is it? As far as the | :07:36. | :07:37. | |
mobile business goes, especially in mobile business goes, especially in | :07:37. | :07:38. | |
mobile business goes, especially in mobile business goes, especially in | :07:38. | :07:40. | |
the consumer space, it is front and centre. If we're not in the | :07:40. | :07:41. | |
centre. If we're not in the centre. If we're not in the | :07:42. | :07:42. | |
smartphone Business 1 and Prasad, smartphone Business 1 and Prasad, | :07:42. | :07:44. | |
smartphone Business 1 and Prasad, we're not in the game. | :07:44. | :07:46. | |
we're not in the game. we're not in the game. | :07:46. | :07:47. | |
PlayStation 4 launch last week, PlayStation 4 launch last week, | :07:47. | :07:50. | |
PlayStation 4 launch last week, PlayStation 4 launch last week, | :07:50. | :07:52. | |
where was sick on sale? It was not where was sick on sale? It was not | :07:53. | :07:54. | |
where was sick on sale? It was not where was sick on sale? It was not | :07:54. | :07:55. | |
there. -- where was the console? there. -- where was the console? | :07:55. | :07:56. | |
there. -- where was the console? there. -- where was the console? | :07:56. | :07:57. | |
there. -- where was the console? still have a long way to go for the | :07:57. | :07:58. | |
still have a long way to go for the still have a long way to go for the | :07:58. | :07:59. | |
actual product launch. They will be actual product launch. They will be | :07:59. | :08:01. | |
actual product launch. They will be actual product launch. They will be | :08:01. | :08:02. | |
a lot of opportunities for us to a lot of opportunities for us to | :08:02. | :08:03. | |
a lot of opportunities for us to provide additional details on the | :08:03. | :08:04. | |
provide additional details on the provide additional details on the | :08:05. | :08:06. | |
PlayStation 4. It was not actually PlayStation 4. It was not actually | :08:06. | :08:08. | |
PlayStation 4. It was not actually PlayStation 4. It was not actually | :08:08. | :08:09. | |
a launch. We just talked about it. a launch. We just talked about it. | :08:09. | :08:10. | |
a launch. We just talked about it. There'll be more information to | :08:10. | :08:11. | |
There'll be more information to There'll be more information to | :08:11. | :08:13. | |
come. It keeps people guessing and come. It keeps people guessing and | :08:13. | :08:15. | |
come. It keeps people guessing and come. It keeps people guessing and | :08:15. | :08:17. | |
that is a good thing. If there is that is a good thing. If there is | :08:17. | :08:18. | |
that is a good thing. If there is that is a good thing. If there is | :08:18. | :08:19. | |
one thing they do you still think one thing they do you still think | :08:19. | :08:21. | |
one thing they do you still think one thing they do you still think | :08:21. | :08:21. | |
it needs a lot of attention, what it needs a lot of attention, what | :08:22. | :08:25. | |
it needs a lot of attention, what it needs a lot of attention, what | :08:25. | :08:26. | |
is the number one thing? I think is the number one thing? I think | :08:26. | :08:27. | |
is the number one thing? I think is the number one thing? I think | :08:27. | :08:28. | |
the number one thing that I need to the number one thing that I need to | :08:28. | :08:30. | |
the number one thing that I need to the number one thing that I need to | :08:30. | :08:32. | |
continue to push our own is really continue to push our own is really | :08:32. | :08:34. | |
continue to push our own is really to share and really convey the | :08:34. | :08:35. | |
to share and really convey the to share and really convey the | :08:35. | :08:37. | |
sense of urgency that I personally sense of urgency that I personally | :08:37. | :08:40. | |
sense of urgency that I personally have to turn the company around. | :08:40. | :08:42. | |
have to turn the company around. Especially the electronics business. | :08:42. | :08:44. | |
Especially the electronics business. Especially the electronics business. | :08:44. | :08:45. | |
And to make sure all 160,000 And to make sure all 160,000 | :08:45. | :08:47. | |
And to make sure all 160,000 employees at Sony around the world | :08:47. | :08:49. | |
understand that. understand that. | :08:49. | :08:51. | |
understand that. understand that. | :08:51. | :08:54. | |
That was Kazuo Hirai, the CES of That was Kazuo Hirai, the CES of | :08:54. | :08:55. | |
That was Kazuo Hirai, the CES of That was Kazuo Hirai, the CES of | :08:55. | :08:56. | |
Sony. If you want more from the Sony. If you want more from the | :08:56. | :08:57. | |
Sony. If you want more from the Mobile World Congress, then head to | :08:57. | :08:59. | |
Mobile World Congress, then head to Mobile World Congress, then head to | :08:59. | :09:00. | |
our website. Our technology show our website. Our technology show | :09:00. | :09:01. | |
our website. Our technology show our website. Our technology show | :09:01. | :09:02. | |
Click is also there. They will be Click is also there. They will be | :09:02. | :09:03. | |
Click is also there. They will be demonstrating the new phones and | :09:03. | :09:08. | |
demonstrating the new phones and In other news: Hewlett Packard has | :09:08. | :09:09. | |
In other news: Hewlett Packard has In other news: Hewlett Packard has | :09:09. | :09:10. | |
abandoned an attempt to develop its abandoned an attempt to develop its | :09:10. | :09:11. | |
abandoned an attempt to develop its own operating software for mobile | :09:11. | :09:13. | |
own operating software for mobile own operating software for mobile | :09:13. | :09:14. | |
devices. Three years ago it paid devices. Three years ago it paid | :09:14. | :09:20. | |
devices. Three years ago it paid devices. Three years ago it paid | :09:20. | :09:23. | |
almost $2 billion to buy Palm. The plan was to use its software in see | :09:23. | :09:24. | |
plan was to use its software in see plan was to use its software in see | :09:24. | :09:25. | |
plan was to use its software in see a way in C D eight soft -- | :09:25. | :09:27. | |
a way in C D eight soft -- a way in C D eight soft -- | :09:27. | :09:28. | |
smartphone and tablet business. But smartphone and tablet business. But | :09:28. | :09:29. | |
smartphone and tablet business. But smartphone and tablet business. But | :09:29. | :09:30. | |
that strategy failed and now HP is that strategy failed and now HP is | :09:30. | :09:31. | |
that strategy failed and now HP is selling the technology to South | :09:31. | :09:32. | |
selling the technology to South Korea's LG Electronics. | :09:32. | :09:33. | |
Korea's LG Electronics. Korea's LG Electronics. | :09:33. | :09:34. | |
Korea's LG Electronics. Shares in US book seller Barnes and | :09:34. | :09:35. | |
Shares in US book seller Barnes and Shares in US book seller Barnes and | :09:35. | :09:36. | |
Shares in US book seller Barnes and Noble soared more than 11% in New | :09:36. | :09:37. | |
Noble soared more than 11% in New Noble soared more than 11% in New | :09:37. | :09:38. | |
York on Monday. That's after the York on Monday. That's after the | :09:38. | :09:39. | |
company's founder and current company's founder and current | :09:39. | :09:40. | |
chairman, Leonard Riggio, offered chairman, Leonard Riggio, offered | :09:40. | :09:41. | |
chairman, Leonard Riggio, offered chairman, Leonard Riggio, offered | :09:41. | :09:45. | |
to buy the firm's store and website. to buy the firm's store and website. | :09:45. | :09:46. | |
to buy the firm's store and website. to buy the firm's store and website. | :09:46. | :09:48. | |
It has 689 bookstores in 50 states. It has 689 bookstores in 50 states. | :09:48. | :09:49. | |
It has 689 bookstores in 50 states. Rival Borders went out of business | :09:49. | :09:51. | |
in 2011. in 2011. | :09:51. | :09:52. | |
in 2011. in 2011. | :09:52. | :09:53. | |
The New York Times is changing the The New York Times is changing the | :09:53. | :09:54. | |
The New York Times is changing the name of the International Herald | :09:54. | :09:55. | |
name of the International Herald name of the International Herald | :09:55. | :09:56. | |
Tribune, ending 40 years of the Tribune, ending 40 years of the | :09:56. | :09:57. | |
Tribune, ending 40 years of the brand. Under a relaunch later this | :09:57. | :09:58. | |
brand. Under a relaunch later this brand. Under a relaunch later this | :09:58. | :09:59. | |
brand. Under a relaunch later this year the paper will be called the | :09:59. | :10:00. | |
year the paper will be called the year the paper will be called the | :10:00. | :10:01. | |
International New York Times. Chief International New York Times. Chief | :10:01. | :10:02. | |
International New York Times. Chief Executive Mark Thomson is hoping | :10:02. | :10:03. | |
Executive Mark Thomson is hoping Executive Mark Thomson is hoping | :10:03. | :10:04. | |
Executive Mark Thomson is hoping the move will help raise the number | :10:04. | :10:08. | |
the move will help raise the number of international subscribers. | :10:08. | :10:09. | |
of international subscribers. of international subscribers. | :10:09. | :10:14. | |
of international subscribers. Now for a look at the markets. That | :10:14. | :10:15. | |
Now for a look at the markets. That Now for a look at the markets. That | :10:15. | :10:17. | |
is the close in the States. is the close in the States. | :10:17. | :10:18. | |
is the close in the States. Piquancy the fall as it emerged | :10:18. | :10:20. | |
Piquancy the fall as it emerged Piquancy the fall as it emerged | :10:20. | :10:21. | |
Piquancy the fall as it emerged what happened in Italy. -- you can | :10:21. | :10:26. | |
what happened in Italy. -- you can what happened in Italy. -- you can | :10:26. | :10:28. | |
see. This is the current form. see. This is the current form. | :10:28. | :10:30. | |
see. This is the current form. see. This is the current form. | :10:30. | :10:31. |