Browse content similar to 16/07/2013. Check below for episodes and series from the same categories and more!
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governing party. Those are the latest headlines. Now it is time for | :00:04. | :00:14. | |
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World Business Report. She and Yahoo have climbed by 70% since Marissa | :00:27. | :00:33. | |
Mayer took the helm. -- shears and Yahoo. It is now set to report the | :00:33. | :00:40. | |
results. Thousands of workers prepared to take to the streets in | :00:40. | :00:50. | |
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Greece in protest against austerity measures. Hello and welcome to the | :00:51. | :01:00. | |
programme. Also coming up: A new twist in wage negotiations between | :01:00. | :01:07. | |
unions and minors in South Africa. First, it has been one years since | :01:07. | :01:11. | |
Yahoo hired Marissa Mayer from Google. It was a surprise | :01:11. | :01:17. | |
announcement at the time. Today, her ability to turn the company around | :01:17. | :01:25. | |
will be assessed. It has been a busy 12 months. She has been on a major | :01:25. | :01:31. | |
shopping spree since her start date, one year ago tomorrow. Yahoo | :01:31. | :01:36. | |
has also staggering 16 start-up companies. Sometimes they have | :01:36. | :01:40. | |
announced two purchases in a single day was six over the course of a | :01:40. | :01:49. | |
month. Quite a list. You will recognise some of these names. The | :01:49. | :01:59. | |
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biggest acquisition to date, thanks to Nick D'Aloisio, is Summly. He | :01:59. | :02:03. | |
created the application when he was just 15 years old. Then the company | :02:03. | :02:12. | |
purchased Tumblr, the biggest purchase so far. They paid $1.1 | :02:12. | :02:17. | |
billion in cash for the social blogging site. Investors must think | :02:17. | :02:24. | |
she is doing something right. The company has risen in value is 70% in | :02:24. | :02:34. | |
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the last year. Let's talk about this some more. Good to see you, Larry. | :02:35. | :02:40. | |
What do you think people will be saying about Marissa Mayer? The | :02:40. | :02:45. | |
results are not expected to be spectacular today. I do not think | :02:45. | :02:48. | |
the results will be spectacular today but the increase in the stop | :02:48. | :02:55. | |
price has been good. -- stock. A lot of it has to do with Marissa Meyer | :02:55. | :03:02. | |
herself. She is very well liked. She spent a lot of time at Google, as | :03:02. | :03:07. | |
many of your viewers will know. She did a great job there. She has | :03:07. | :03:13. | |
brought a lot of confidence in the company. She has given it more of a | :03:14. | :03:23. | |
youthfulness. She is relatively young as chief executive 's goal. -- | :03:23. | :03:31. | |
as chief executive score. They are trying to get a younger audience. I | :03:31. | :03:36. | |
think her image is good. The results are not as spectacular as some might | :03:36. | :03:44. | |
hope. What about the move to say to employees that they could not work | :03:45. | :03:49. | |
from home any more and they needed to be in the office. The idea was | :03:49. | :03:57. | |
that David Shearer more ideas. -- they would Shearer ideas. This was | :03:57. | :04:07. | |
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meant to reduce the headcount. It did with some staff of. I am a big | :04:09. | :04:16. | |
believer in the working from home. There is a certain synergy about | :04:16. | :04:20. | |
being in the office and I think a lot of employees, even though they | :04:20. | :04:24. | |
were not happy at the time, they have now said that they like the | :04:24. | :04:31. | |
idea. I did not like the idea initially but there is something to | :04:31. | :04:38. | |
be said for it. It is about getting car is back in the parking lot, | :04:38. | :04:43. | |
people in the cafeteria. She is giving people free food now, as is | :04:43. | :04:49. | |
the case at Google. That was not the case before. She is trying to get | :04:49. | :04:55. | |
the morale up. That is working. She has done good in surveys. Thank you | :04:55. | :05:03. | |
for your time. We are looking at Marissa Mayer's | :05:03. | :05:10. | |
first year at Yahoo. How has she done so far? It is an interesting | :05:10. | :05:17. | |
story. Moving on, this is a familiar sight in Greece. Union leaders are | :05:17. | :05:20. | |
increasing pressure on the government. Transport and public | :05:21. | :05:25. | |
services are likely to be brought to a halt today as the main unions: | :05:25. | :05:31. | |
general strike. In are pulled workers are already on strike. -- | :05:31. | :05:35. | |
main unions are going on strike. Municipal workers are already on | :05:35. | :05:43. | |
strike. This week, the police became the latest state workers to join the | :05:43. | :05:49. | |
resistance to job cuts. They are being made by order of the | :05:49. | :05:54. | |
exasperated international austerity committees. Police and others civil | :05:54. | :05:58. | |
servants are being moved to a mobility pool. They will have eight | :05:58. | :06:04. | |
months to find other work or face the sack. Many are hearing of their | :06:04. | :06:12. | |
feet if the day. -- hearing what will happen everyday. TRANSLATION: | :06:12. | :06:17. | |
there was already unemployment in our family. What job is the for me | :06:17. | :06:27. | |
to do at my age? Ordinarily Greeks are split down the middle. 20% of | :06:27. | :06:31. | |
all Greek workers are still in state jobs. Their wages are a heavy board | :06:31. | :06:38. | |
and for taxpayers. -- Eddie Burton. Many people do not choose to join | :06:38. | :06:46. | |
the protest. Events so far have punished private employers, | :06:47. | :06:51. | |
according to this man. He believes state workers are protected by the | :06:51. | :07:01. | |
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politicians. The public sector is not doing well. The are not looking | :07:02. | :07:12. | |
after the private sector. It is collateral damage. A lot of | :07:12. | :07:18. | |
unemployment coming from the public sector. How can this happen? This | :07:19. | :07:23. | |
could only happen because it was accepted by the troika. The impact | :07:24. | :07:29. | |
of the shutdown has already been seen on the streets. They is | :07:29. | :07:36. | |
pressure on Parliament to think again about the state job cuts. A | :07:36. | :07:41. | |
major shakeup in the mining industry. Lonmin in South Africa | :07:41. | :07:50. | |
says it will no longer recognise the National union. They are affiliated | :07:50. | :07:56. | |
with the ruling Congress. The Prime Minister is hoping this will prevent | :07:56. | :08:03. | |
a repeat of violent clashes from last year. What is at stake here? | :08:03. | :08:12. | |
Good morning. What is going on? There is another union that Lonmin | :08:12. | :08:21. | |
is no possibly going to talk to in more detail. Yes. This union really | :08:21. | :08:25. | |
made a name for itself last year. It was often achieved through wildcat | :08:25. | :08:35. | |
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strikes. They have been achieving higher than expected wage increases. | :08:37. | :08:44. | |
They are not necessarily affiliated with the ruling ANC in South Africa. | :08:44. | :08:51. | |
When it comes to the government playing a more proactive role, | :08:51. | :08:54. | |
stealing negotiations in a direction where agreement will be easier, it | :08:54. | :09:04. | |
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is very adept. As you say, it has been successful in terms of getting | :09:05. | :09:10. | |
better deals. It has attracted more members, hasn't it? It is the | :09:10. | :09:16. | |
dominant union. It has a 17% membership in the gold sector as | :09:16. | :09:25. | |
well. The more successful they are in securing these agreements, the | :09:25. | :09:35. | |
more likely they will achieve more agreement. There have been proposals | :09:35. | :09:45. | |
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for them to go on strike. They are becoming the dominant union. That | :09:49. | :09:58. | |
has led to more uncertainty. We will keep an eye on what this means. Wage | :09:58. | :10:03. | |
ago she agents are continuing. A quick look at the markets. Quite a | :10:03. | :10:13. | |
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