Browse content similar to 13/04/2016. Check below for episodes and series from the same categories and more!
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This is Business Live from BBC News with Ben Thompson and Sally Bundock. | :00:00. | :00:09. | |
Facebook launches chat-bots for its popular Messenger app, | :00:10. | :00:15. | |
proving artificial intelligence is making its way | :00:16. | :00:17. | |
Live from London, that's our top story on Wednesday, 13th April. | :00:18. | :00:42. | |
Like them or love them, the robots are coming. | :00:43. | :00:47. | |
At Facebook's annual developers conference, boss Mark Zuckerberg has | :00:48. | :00:59. | |
Tesco's returns to profit. What has the boss got to say about that? We | :01:00. | :01:05. | |
have spoken to Dave Lewis. Plus we will tell you all the you need to | :01:06. | :01:09. | |
about financial markets, in Europe, they are really, really bullish, but | :01:10. | :01:16. | |
why? We will fill you in. Advertising at 40,000 feet, we will | :01:17. | :01:23. | |
meet the man behind the in-flight magazines and movies cashing in on a | :01:24. | :01:28. | |
captive audience. We will find out what the most played film is on a | :01:29. | :01:31. | |
plane? It is not what you think. Would you trust talking to a | :01:32. | :01:36. | |
computer to get things done or would you prefer the human touch? Let us | :01:37. | :01:37. | |
know. Use the hashtag. Facebook has been holding | :01:38. | :01:47. | |
its annual developers The idea is to show off new products | :01:48. | :01:53. | |
the social network believes will be This year, the company | :01:54. | :02:02. | |
has unveiled chat bots It's a form of artificial | :02:03. | :02:09. | |
intelligence which Facebook hopes will create a more interactive | :02:10. | :02:16. | |
experience within the messaging app, such as giving users | :02:17. | :02:18. | |
the ability to shop, Chatbots learn from data sets | :02:19. | :02:20. | |
so they can mimic the way Many big companies are | :02:21. | :02:26. | |
already using virtual assistants on their websites | :02:27. | :02:30. | |
because they are cheaper And some studies suggest people | :02:31. | :02:32. | |
prefer dealing with bots on websites According to research firm Gartner, | :02:33. | :02:38. | |
up to 85% of customer service Dave Lee is at the Facebook | :02:39. | :02:50. | |
developers conference for us. Mark Zuckerberg unveiled Facebook's | :02:51. | :03:07. | |
ten year plan. The soaks network is the biggest in the world with 1.6 | :03:08. | :03:12. | |
billion users, but the sites ambitions go further than that. | :03:13. | :03:17. | |
First on the agenda was Facebook Live which has attracted millions | :03:18. | :03:21. | |
upon millions of views. Also Facebook is going to start rolling | :03:22. | :03:27. | |
out chatbots, these are artificially intelligent robots that can talk to | :03:28. | :03:30. | |
humans as if they are our friends! It gives us a new way, Facebook, | :03:31. | :03:35. | |
hopes that we will interact with businesses. It is not all going | :03:36. | :03:40. | |
swimmingly for Facebook. A study suggested that people are sharing | :03:41. | :03:43. | |
less personal information on the network and saving that kind of | :03:44. | :03:47. | |
content for other services like Snapchat. | :03:48. | :03:59. | |
Alex Wood is with what. -- Alex Wood is with me. What is a bot? I liken | :04:00. | :04:11. | |
it to sometimes when you have been o website and the little windows pop | :04:12. | :04:16. | |
up and you can talk to a person, but there is no person at the other end, | :04:17. | :04:21. | |
it is automated. Is there scepticism about how these work? You will get | :04:22. | :04:25. | |
the same automated response, it is looking for odd words that you are | :04:26. | :04:28. | |
asking for help, perhaps your bill or something and you are going to | :04:29. | :04:31. | |
get stock phrases back. Is technology at the point where it can | :04:32. | :04:36. | |
get beyond stock phrases? The key thing to understand is machine | :04:37. | :04:40. | |
learning. So Facebook's announcement today is about showing the system | :04:41. | :04:43. | |
can actually continue to learn and the more that people use it, it | :04:44. | :04:46. | |
learns more about natural conversation and actually builds its | :04:47. | :04:50. | |
knowledge base up so it can only get better the more people use it. Now, | :04:51. | :04:57. | |
you told me you use chatbot for an artificial intelligence PA, how does | :04:58. | :05:00. | |
it work and do you trust it entirely to plan your life? We have been | :05:01. | :05:04. | |
testing it out at the office for the last couple of weeks, we have Amy or | :05:05. | :05:09. | |
Andrew for your personal aye cystant and it is for the times you want to | :05:10. | :05:13. | |
book a meeting and you know with the client, you have got back and forth, | :05:14. | :05:18. | |
I am available this time and that time. Amy pretends to be a human | :05:19. | :05:22. | |
being and has the conversation back and forth on you are behalf with the | :05:23. | :05:29. | |
client and sets-up the meeting. AIM even picks up things like I know you | :05:30. | :05:33. | |
met Alex a couple of weeks ago, you met at Starbucks, do you want to | :05:34. | :05:38. | |
meet there again? It is incredibly human. I find that terrifying, but | :05:39. | :05:43. | |
that's just me. Let's talk about Facebook as part of the Messenger | :05:44. | :05:48. | |
app. A lot of controversy at the time, but that's starting to make | :05:49. | :05:51. | |
sense now and they are throwing resources, throwing the efforts into | :05:52. | :05:54. | |
the Messenger app to allow the Messenger app to allow | :05:55. | :05:57. | |
developers to develop bots? A couple of years ago when they made that | :05:58. | :06:02. | |
split, a lot of people were surprised, they thought why would | :06:03. | :06:06. | |
you do that? It was annoying from a user's prospective, but it was a | :06:07. | :06:10. | |
clever move, but I think I have some concerns there as well because let's | :06:11. | :06:13. | |
take a step back and remember that all the chat bots and the system | :06:14. | :06:17. | |
that Facebook is building, it is about doing it in fab's world. It is | :06:18. | :06:24. | |
not very open. So I think there is concerns there that we have to think | :06:25. | :06:28. | |
about. One we will watch closely, Alex, thank you very much. Good luck | :06:29. | :06:37. | |
with your artificial intelligence PA! | :06:38. | :06:41. | |
The International Monetary Fund has cut its global growth | :06:42. | :06:43. | |
forecasts for the second time in just three months. | :06:44. | :06:45. | |
The IMF says it expects growth for the world | :06:46. | :06:47. | |
economy to slow to 3.2%, down from the 3.4% it | :06:48. | :06:50. | |
China's slowdown and weak commodity prices are being blamed, | :06:51. | :06:56. | |
as well as the risk of geopolitical shocks. | :06:57. | :07:02. | |
China's online retail giant Alibaba is making a move | :07:03. | :07:04. | |
It has agreed to buy a controlling stake in online retailer Lazada | :07:05. | :07:12. | |
for about $1 billion to expand its e-commerce business. | :07:13. | :07:15. | |
Lazada is headquartered in Singapore and also operates in Malaysia, | :07:16. | :07:17. | |
Indonesia, the Philippines, Thailand and Vietnam. | :07:18. | :07:23. | |
UK supermarket giant, Tesco, has returned to profit | :07:24. | :07:25. | |
after reporting its first quarterly sales growth for three years. | :07:26. | :07:32. | |
Pre-tax profits for the year came in at ?162 million | :07:33. | :07:35. | |
with like-for-like sales up 0.9% in the fourth quarter. | :07:36. | :07:43. | |
The results follow last year's ?6.3 billion loss, the worst | :07:44. | :07:45. | |
Earlier Tesco chief executive Dave Lewis, spoke to us, | :07:46. | :07:48. | |
and explained how these figures are not just a flash in the pan, | :07:49. | :07:51. | |
It is the culmination of a series of deliberate things that myself and | :07:52. | :08:04. | |
the team have done over the year. It is not just here in the UK, it is in | :08:05. | :08:08. | |
our businesses internationally and in fact, all of our businesses are | :08:09. | :08:11. | |
showing positive momentum all the way through the year. So it is not a | :08:12. | :08:15. | |
flash in the pan. It is broad based and it is significant against to | :08:16. | :08:19. | |
your own admission where we started from 16 months ago. | :08:20. | :08:24. | |
Dave Lewis, the boss of Tesco. We were having this conversation | :08:25. | :08:27. | |
globally where is the Tesco, moving up and down the ladder of the | :08:28. | :08:30. | |
world's biggest? It is around about number five. Wal-Mart is right at | :08:31. | :08:39. | |
the top. Costco is um there. -- up there. | :08:40. | :08:46. | |
Tesco as we have said and you heard there, seeing a rise in sales, but | :08:47. | :08:51. | |
that march of the discounters including Aldi and Lidl eating into | :08:52. | :08:54. | |
market share, but we should point out they are a still small part of | :08:55. | :08:59. | |
the market. Tesco, remember, controlling about 28% of the UK | :09:00. | :09:00. | |
market. Focus is on China this week | :09:01. | :09:05. | |
with it's latest growth But today we've had | :09:06. | :09:07. | |
an update on exports - they grew faster than expected | :09:08. | :09:15. | |
in March - by nearly 19%. Leisha Chi has the details from our | :09:16. | :09:18. | |
Asia Business Hub in Singapore. There are hopes the economy might | :09:19. | :09:26. | |
have turned a corner. Japan's Nikkei up nearly 3% and Australia up 2% and | :09:27. | :09:33. | |
the Hang Seng up 2.4% because export ins China rose in March for the | :09:34. | :09:37. | |
first time in nine months. They jumped by 11.5% year-on-year while | :09:38. | :09:42. | |
imports fell by 7.6% and this is better than economists forecast. No | :09:43. | :09:53. | |
what dot numbers mean? It shows that the manufacturing sector is picking | :09:54. | :09:57. | |
up amid a prolonged slowdown, but analysts say that the data was | :09:58. | :10:02. | |
actually affected by seasonal factors and that it maybe too soon | :10:03. | :10:06. | |
to say the worst is over. So we have to keep a close eye on the GDP | :10:07. | :10:10. | |
numbers out on Friday, but the expectation is it will show that the | :10:11. | :10:14. | |
economy expanded by 6.7% in the first quarter. | :10:15. | :10:21. | |
Thank you so much. A lot of focus on China. The other | :10:22. | :10:26. | |
reasons for a strong session in Asia, the night before on Wall | :10:27. | :10:30. | |
Street we saw strong gains in the United States and the oil price | :10:31. | :10:33. | |
remaining around about $44 a barrel. We will talk about that in more | :10:34. | :10:37. | |
detail in a few minutes time and are looking ahead to the oil meeting in | :10:38. | :10:42. | |
Doha on Sunday. Let's look at Europe. We are into the trading day | :10:43. | :10:49. | |
by 40 minutes. At the open, Tesco shares opened lower despite the good | :10:50. | :10:52. | |
news from the retailer and the bullish comments from Dave Lewis, | :10:53. | :10:56. | |
not helping its share price today. More focus on the cautious outlook | :10:57. | :10:58. | |
for Tesco. Will it last? And Mariko Oi has the details about | :10:59. | :11:01. | |
what's ahead on Wall Street Today. Well, Wall Street will be pouring | :11:02. | :11:10. | |
over more IMF wisdom on Wednesday. This time in the shape of its global | :11:11. | :11:15. | |
financial stability and investors don't need the IMF to tell them that | :11:16. | :11:20. | |
it has been a volatile six months since the last report came out, but | :11:21. | :11:24. | |
they will be keen to hear what the fund thinks can be done to guard | :11:25. | :11:29. | |
against a plummeting oil price and difficulties with China's economic | :11:30. | :11:32. | |
transformation. Closer to home, investors will get their first look | :11:33. | :11:36. | |
at how Wall Street's biggest banks have been doing in the past few | :11:37. | :11:41. | |
months. Biggest of them all JP Morgan puts out its earnings before | :11:42. | :11:45. | |
the market opens and it is expected to reveal grim losses in its | :11:46. | :11:48. | |
investment banking business and on many of its loans to the energy | :11:49. | :11:52. | |
sector. If the company makes a profit, it will likely be thanks to | :11:53. | :12:04. | |
its cost-cutting efforts. Join Foley is with us. We heard from | :12:05. | :12:08. | |
Singapore about the implications for the rest of the world, here in the | :12:09. | :12:15. | |
UK, it is mine they'res will do very well? The implication from the | :12:16. | :12:18. | |
figures is manufacturing perhaps in China is getting some momentum back | :12:19. | :12:21. | |
again and of course, if you think about the things that China | :12:22. | :12:25. | |
produces, well, half the world's steel for instance. So steel, what | :12:26. | :12:29. | |
goes into that, iron ore and of course, coal and miners benefit on | :12:30. | :12:35. | |
the back of that. So we have seen some commodities generally this week | :12:36. | :12:38. | |
go higher, oil prices are higher recently too. So miners certainly | :12:39. | :12:44. | |
finding some support, but of course, we do know that some of the steel | :12:45. | :12:49. | |
that's been used by China has been used by recycled scrap steel and | :12:50. | :12:53. | |
that, of course, isn't good news or miners. Looking at oil down today 1% | :12:54. | :12:59. | |
plus around $43 a barrel, but that's really high, isn't it? 13% higher so | :13:00. | :13:03. | |
far this year. Energy stocks really enjoying the moment? They really | :13:04. | :13:08. | |
are, of course, we have the really crucial meeting in Doha and many | :13:09. | :13:11. | |
people are sceptical as to whether or not, A, there will be | :13:12. | :13:12. | |
a production freeze and B, whether or not that is going to sort out the | :13:13. | :13:17. | |
supply glut because although there has been news from the US that we | :13:18. | :13:20. | |
have less rigs in operation and that's been going on for the past 16 | :13:21. | :13:25. | |
weeks, we still have a huge amount of supply in oil which could mean | :13:26. | :13:29. | |
that the rally that we have seen is capped. | :13:30. | :13:42. | |
We will meeting the man behind the agency cashing in on in-flight | :13:43. | :13:54. | |
magazines and entertainment. More on the news from Tesco? Like | :13:55. | :14:01. | |
for like sales up 0.9%. Sales are still down over the year as a whole. | :14:02. | :14:07. | |
The supermarket has shaken off its annual loss. It saw a pre-tax profit | :14:08. | :14:11. | |
of ?162 million for the year to February. Let's delve into the | :14:12. | :14:17. | |
numbers with Nick Hood. Nick, good morning. Some evidence, it seems, in | :14:18. | :14:21. | |
this set of figures that the supermarket is finally turning a | :14:22. | :14:24. | |
corner. Well, it is a good start, but there is a long way to go and | :14:25. | :14:29. | |
you have got to remember with all of these major turn around exercises, | :14:30. | :14:33. | |
you get easy wins early. I think it will be much more interesting to see | :14:34. | :14:39. | |
where this particular supertanker retail supertanker is in another 12 | :14:40. | :14:43. | |
months, another 18 months. It is a really tough market out there and | :14:44. | :14:48. | |
the latest sales figures show that they are still losing market share | :14:49. | :14:53. | |
to the discounters at Aldi and Lidl, but not as quickly as they were | :14:54. | :14:57. | |
before. It is good news though, isn't it for Dave Lewis who is | :14:58. | :15:00. | |
fairly new in the job and shortly after his arrival, there was that | :15:01. | :15:06. | |
whole accountancy scandal and also all sorts of problems. He says the | :15:07. | :15:10. | |
turn around is about management actions. He has stabilise the | :15:11. | :15:15. | |
business, would you agree? I think he is doing very well, but what you | :15:16. | :15:18. | |
have got to remember, this is in the UK in particular, a business that | :15:19. | :15:23. | |
employs 310,000 people and what he needs as well as management action | :15:24. | :15:28. | |
is culture change and that's a really tough act to pull off across | :15:29. | :15:32. | |
so many people. I think everybody wishes him the best of luck with it. | :15:33. | :15:38. | |
It is a long-term thing to do to be fair, isn't it? Shares down sharply | :15:39. | :15:43. | |
today. Why is that? The trouble is the headline figures that came out | :15:44. | :15:48. | |
were about the top line. The sales growth which at 0.9% in Q4 | :15:49. | :15:53. | |
impressive, but look at the bottom line. ?70 billion worth of sales and | :15:54. | :15:59. | |
just a squeak of a profit at ?162 million. | :16:00. | :16:06. | |
What the market is asking is whether the UK core business can actually | :16:07. | :16:11. | |
make money in such a tough and as he said challenging the deflationary | :16:12. | :16:17. | |
market. Thanks for explaining that. Any moored details you may need are | :16:18. | :16:25. | |
on the Live page. That is the place to find full analysis. | :16:26. | :16:31. | |
You are watching Businessmen recovered alive. Our top story | :16:32. | :16:39. | |
today, your new best friend is a chatbot, apparently. Facebook could | :16:40. | :16:47. | |
introduce artificial intelligence, if Mark Zuckerberg gets his way. We | :16:48. | :16:51. | |
will hear from him a bit later. It's quite interesting, what he had to | :16:52. | :16:56. | |
say. Let's move on. When you're on a plane no doubt you flick through the | :16:57. | :16:59. | |
in-flight magazine and channel hop on the television and the chances | :17:00. | :17:02. | |
are it's been made by our next guest. He is the boss of Spafax, | :17:03. | :17:14. | |
where he has been for over 20 years. It is the company behind some of the | :17:15. | :17:18. | |
magazines in your in aeroplane seat pocket and the in-flight | :17:19. | :17:20. | |
entertainment you see during the flight. Spafax has been owned by the | :17:21. | :17:30. | |
media conglomerate WPP for over 15 years. It publishes over 30 | :17:31. | :17:35. | |
magazines in 15 languages around the world. Let's chat to Neill now. It's | :17:36. | :17:46. | |
such an interesting area. You have a captive audience, people stuck on a | :17:47. | :17:50. | |
metal tube for eight or 12 hours, long haul flights. You can sell it | :17:51. | :17:56. | |
to them in that time. This must be a brief opportunity for you and one | :17:57. | :18:01. | |
that you clearly cash in on. It is a fantastic opportunity but first of | :18:02. | :18:06. | |
all it is a service environment. You have a relationship with them and | :18:07. | :18:13. | |
it's about helping them pass the time with movies and entertainment, | :18:14. | :18:18. | |
but mainly brands like Bacardi, Jaguar, they recognise the value of | :18:19. | :18:24. | |
that audience. All business requires travel, essentially everybody is | :18:25. | :18:28. | |
travelling through our niche if you like. Those brands, as you | :18:29. | :18:33. | |
mentioned, recognise the fact that this audience is captive and also | :18:34. | :18:36. | |
there is a trolley coming down the middle aisle selling the stuff | :18:37. | :18:40. | |
you're looking at in the in-flight magazine, all of it is sold at the | :18:41. | :18:44. | |
airport you arrive at. It's kind of a win-win for the seller, isn't it? | :18:45. | :18:52. | |
It is. The audience is also high net worth individuals and it's difficult | :18:53. | :18:56. | |
to convince yourself to get the selling... The children are nagging | :18:57. | :19:04. | |
the parents! But you do hear of extraordinary sampling opportunities | :19:05. | :19:06. | |
where people literally give away their latest new technology, things | :19:07. | :19:11. | |
like product launches. It's a fantastic opportunity to test it | :19:12. | :19:15. | |
with that key audience. The fact you are talking about that lucrative | :19:16. | :19:18. | |
market, you said business travellers represent the most discerning | :19:19. | :19:24. | |
customer segment on earth, that is a bold claim but one that is clearly | :19:25. | :19:28. | |
working in your favour. I think so. They're no different to everyone | :19:29. | :19:32. | |
else, they watch the same TV shows and do the same things. TV is your | :19:33. | :19:38. | |
background. Before you join this organisation you work for BSkyB, you | :19:39. | :19:41. | |
work for television production companies as well. When it comes to | :19:42. | :19:45. | |
that in-flight entertainment, how do you decide what is on offer? Because | :19:46. | :19:49. | |
people often moan about what there was, what there wasn't. Random | :19:50. | :19:57. | |
episodes... We just had a come as Asian before we came on air and my | :19:58. | :20:00. | |
biggest bugbear is that you sit down and you want to watch a series of | :20:01. | :20:05. | |
something and it is episode three, season four. You have none of the | :20:06. | :20:10. | |
stuff that came before or after, but that is a licensing issue, isn't it? | :20:11. | :20:14. | |
We are very lucky, we buy products from everyone and we have a crack | :20:15. | :20:19. | |
team in offices around the world is going to will the convention than | :20:20. | :20:29. | |
meeting all the distributors. We have some of our clients... It is a | :20:30. | :20:33. | |
case of trying to understand the audiences. TV is going through a | :20:34. | :20:38. | |
global, a lot of the popular shows are popular shows. House of Cards, | :20:39. | :20:48. | |
The Big Bang double theory. But we are having to find the emerging | :20:49. | :20:53. | |
markets as well in Korea and elsewhere. The expectations of | :20:54. | :20:58. | |
people on planes now is changing. If you have been a nice plain with nice | :20:59. | :21:04. | |
facilities and then you get an older plane, it is very jarring. I imagine | :21:05. | :21:09. | |
the demands of passengers are harder to fulfil because it is ratcheting | :21:10. | :21:15. | |
up all the time. It is also the technology in people's hands. We are | :21:16. | :21:19. | |
very focused on personalisation in the future and the technology in our | :21:20. | :21:22. | |
hands allows us to connect with people even when there isn't a | :21:23. | :21:26. | |
system on board. Now they are launching satellites with high | :21:27. | :21:30. | |
bandwidth capacity, putting wireless servers on planes. What about an | :21:31. | :21:39. | |
in-flight chatbot, would you have one of those? I hope so! Ireland | :21:40. | :21:46. | |
were watching two chatbots having an argument on the Internet, very | :21:47. | :21:52. | |
amusing! -- I member watching. Thank you, it has been fascinating. If | :21:53. | :21:56. | |
you're watching us and 40,000 feet, let us know when you land or send as | :21:57. | :22:00. | |
a message. In a moment we will look through the business pages. First | :22:01. | :22:07. | |
this morning, we've talked about Facebook and the tech giant's views | :22:08. | :22:11. | |
on artificial intelligence. According to the founder, Mark | :22:12. | :22:14. | |
Zuckerberg he's going to change the world. | :22:15. | :22:18. | |
To say that we can build something and make it better than it has ever | :22:19. | :22:25. | |
been before. You have to be optimistic to think that you can | :22:26. | :22:29. | |
change the world. And people will always call you naive. But it's this | :22:30. | :22:35. | |
hope and this optimism that is behind every important step forward. | :22:36. | :22:43. | |
Our lives are connected. And whether we are welcoming a refugee fleeing | :22:44. | :22:49. | |
war or an immigrant seeking more opportunity, whether we are coming | :22:50. | :22:52. | |
together to fight global disease like Ebola or defied climate change, | :22:53. | :22:58. | |
I hope that we have the courage to see that the path forward is to | :22:59. | :23:04. | |
bring people together and not push people apart. To connect more, not | :23:05. | :23:08. | |
less. That's why I think the work we're all doing is so important. | :23:09. | :23:12. | |
Because we can actually give more people a voice. Instead of building | :23:13. | :23:18. | |
walls, we can help people build bridges. Mark Zuckerberg, there. | :23:19. | :23:22. | |
Jane is back with us. He's changing the world, | :23:23. | :23:28. | |
Jane. There's a lot of chat about his speech on social media, perfect | :23:29. | :23:34. | |
that... It sounds wonderful, what he's saying sounds great, but if you | :23:35. | :23:38. | |
look in Europe and the moment especially, the reality is that we | :23:39. | :23:44. | |
are building more walls and borders. What he's saying sounds wonderful | :23:45. | :23:47. | |
but the reality, certainly in politics right now, is a lot | :23:48. | :23:51. | |
different. The interesting thing with technology and we saw this with | :23:52. | :23:56. | |
the time at the migrant crisis, when the programme was at its height -- | :23:57. | :24:03. | |
the problem was that its height, this is a tendency to spread the | :24:04. | :24:09. | |
message. People are able to find out how to get around using technology. | :24:10. | :24:19. | |
People would redirect and again this is about information flow. Why | :24:20. | :24:23. | |
aren't more migrants coming to the UK? There is a perception that the | :24:24. | :24:29. | |
wages might be higher, the benefits might be better. -- why are more | :24:30. | :24:36. | |
coming to the UK. We have touched on the issue of steel and China earlier | :24:37. | :24:43. | |
and there is an article about this today in the Sydney morning Herald. | :24:44. | :24:45. | |
Talk us through what they are talking about. This is fascinating. | :24:46. | :24:53. | |
It is about iron ore and steel. China is the world's largest | :24:54. | :24:57. | |
producer of steel, it produces about 50% of the world's steel, it uses | :24:58. | :25:04. | |
cold to melt the iron ore. It is now saying that it is now becoming a lot | :25:05. | :25:14. | |
more usable to use scrap. Washing machines and cars are being melted | :25:15. | :25:17. | |
down to provide the iron that is needed. Great for the environment, | :25:18. | :25:24. | |
presumably? This is it because coal is a very dirty fuel. If we're using | :25:25. | :25:29. | |
scrap, the mills we are using to melt down the scraps are run by | :25:30. | :25:34. | |
electricity because we can use cleaner electricity. From an | :25:35. | :25:37. | |
environmental perspective, yes maybe there is an upside there. But for | :25:38. | :25:42. | |
the iron and coal producers, this is bad news. Really interesting given | :25:43. | :25:45. | |
the context of all the steel problems across Europe. Thanks for | :25:46. | :25:53. | |
your contributions. We did not really have time to get the chatbot | :25:54. | :25:56. | |
Twitter conversation in, but there was a lot of it. See you tomorrow. | :25:57. | :26:09. | |
Hello there. Something of a north-south split to today's | :26:10. | :26:15. | |
weather. For most of England and Wales it is a dry, sunny start to | :26:16. | :26:18. | |
the day with a view showers forecast. For Northern Ireland and | :26:19. | :26:22. | |
Scotland we have cloudy | :26:23. | :26:23. |