:00:00. > :00:00.Delhi. Those are the latest headlines. It is now time for the
:00:00. > :00:20.latest financial use. —— news. is the magic still there or have
:00:20. > :00:34.latest version of Hello and welcome.
:00:34. > :00:48.competitors been called Asia's Steve Jobs. First, if
:00:48. > :00:57.a Chinese called Asia's Steve Jobs. First, if
:00:57. > :01:06.you are planning to take a plane, train or bus in France today, you
:01:06. > :01:09.should could be facing disruption. Hundreds of air France and British
:01:09. > :01:13.because of a strike. The reason, at because of a strike. The reason, at
:01:13. > :01:30.government plans to reduce pension debit —— benefits. The recent raft
:01:30. > :01:38.of tax rises have pushed taxpayers to the brink. Let's speak to our
:01:38. > :01:46.correspondent, who joins us from Paris. It sounds like it could be a
:01:46. > :01:51.pretty difficult day for most. Is that expected, is that what you are
:01:51. > :01:53.thinking? Actually, I think we need to keep this in perspective. I don't
:01:53. > :01:54.think this will think this will be a terribly
:01:54. > :02:01.disruptive day. One never knows, but disruptive day. One never knows, but
:02:01. > :02:06.in the past we have had lots of strikes against pension reforms,
:02:06. > :02:14.this is the 10th or 11 that I can remember. Every year they seem to
:02:14. > :02:17.come along. I don't think this can be compared to the really big
:02:17. > :02:22.rolling strikes are sometimes hit. The general feeling is that it will
:02:22. > :02:33.be a show of force by these two big be a show of force by these two big
:02:33. > :02:39.unions, but because the other big union is not part of it, and because
:02:39. > :02:41.these pension changes, this will not these pension changes, this will not
:02:41. > :02:43.be one of those massive days. be one of those massive days.
:02:43. > :02:45.Disruption, yes, but I wouldn't want Disruption, yes, but I wouldn't want
:02:45. > :02:49.to alarm people too much. Think to alarm people too much. Think it
:02:49. > :02:55.around. Even what you have just will be relatively OK to travel
:02:55. > :02:55.around. Even what you have just said, is it likely that these
:02:55. > :03:06.concerned, they will be largely unions,
:03:06. > :03:08.ignored by the government? I think so. I
:03:08. > :03:14.which is going through will go which is going
:03:14. > :03:22.the public sector at all, it is the through. The plan
:03:22. > :03:23.the public sector at all, it is the private sector. In the longer term,
:03:23. > :03:28.it does start increasing the it does start increasing the
:03:28. > :03:32.contributions. From 2020, and on to 2035, everyone will have to start
:03:32. > :03:40.working longer in order to get a full pension. It is the public
:03:40. > :03:43.sector unions who are coming out on the street because they are of the
:03:43. > :03:48.general decision that we should bring the age of retirement back to
:03:48. > :03:53.65. That hasn't caught the imagination of the public as a
:03:53. > :03:58.whole. It does rather suit the government to have unions on the
:03:58. > :03:59.streets, or at least be more high—value unions, because then they
:03:59. > :04:02.can say they have done a bold can say they have done a bold
:04:02. > :04:04.reform. From the other direction, they have been attacked by business
:04:04. > :04:21.for being very timid in reforms to for being very timid in reforms to
:04:21. > :04:24.the pension plan. Thank you. Let's talk about something we are all very
:04:24. > :04:26.familiar with much because we bought a quarter of a billion of them last
:04:26. > :04:31.year. If you are like me, you year. If you are like me, you
:04:31. > :04:36.perhaps believe you cannot live without yours. We are talking about
:04:36. > :04:45.smart phones. Later today, Apple is likely to announced new models of
:04:45. > :04:50.year since we have seen a new phone year since we have seen a new phone
:04:50. > :04:58.from Apple, and in that time its competitors have released several
:04:58. > :05:21.sales expected to jump by 40% this late? I have an iPhone.
:05:21. > :05:24.sales expected to jump by 40% this year, smart phone makers are eager
:05:24. > :05:27.can Apple's new phone stand out in can Apple's new phone stand
:05:27. > :05:34.this crowd? It has always been about this crowd? It has always been about
:05:34. > :05:47.its next great product. The proof of whether Apple has lost it or not, or
:05:47. > :05:57.whether it is too late for Apple is yet to rise. Apple is a distant
:05:57. > :06:07.second to Samsung. While Apple sits in second, and LG in third, both
:06:07. > :06:11.Nokia and Motorola, now a part of the Google family, are eager to be
:06:11. > :06:16.active players in the smartphone war. For this woman there is no
:06:16. > :06:31.question what phone she will be getting worse. —— next. I love going
:06:31. > :06:35.to the stores, I have not considered any other phone. I always go back to
:06:35. > :06:39.the iPhone. Why do I want to buy the new one? Because it is time to get a
:06:39. > :06:44.new one. It is like the stars were in alignment for me. I was eligible
:06:44. > :06:52.for an upgrade, a new one is coming out. Brand loyalty is a big part of
:06:52. > :06:55.Apple's success. But with so many Apple's success. But with so many
:06:55. > :07:03.other smartphones available, keeping customers will no longer be so easy.
:07:03. > :07:08.To the Steve Jobs of the far east. This year, this man believes his
:07:08. > :07:44.TRANSLATION: I hired the former company will sell 20 million
:07:44. > :07:51.when will I be able to buy one of your phones in London or New York?
:07:52. > :07:53.We still need time. So far, our phones are targeted at the domestic
:07:53. > :08:00.market. We will require another market. We will require another year
:08:00. > :08:05.or two. You must be concerned that the rumours that Apple or Samsung
:08:05. > :08:12.will release a cheaper smart phone, because that will cut into your
:08:12. > :08:17.market. I think our company has adopted a more modern method, by
:08:17. > :08:21.selling our products to customers directly through our website. There
:08:21. > :08:25.is no cost for advertising or shop rentals. Compared with Apple or
:08:25. > :08:33.Samsung, we have a more advanced sales model. I don't think that she
:08:33. > :08:38.performs will have an impact on us. Your company has been prepared to
:08:38. > :08:50.Apple, you have been compared to Steve Jobs. —— compared. That sort
:08:50. > :08:55.of thinking is taking things for granted. These critics don't truly
:08:55. > :08:59.understand. The speed of our growth in the past three years, our
:08:59. > :09:03.business gale today, and our business gale today, and our
:09:03. > :09:09.popularity among users demonstrate our leading position.
:09:09. > :09:14.Let's stay with Asia. We will get Let's stay with
:09:15. > :09:21.some new data from China later. Rico Hizon is in Singapore. As ever, we
:09:22. > :09:26.are waiting with bated breath. We have been waiting for the past two
:09:26. > :09:27.hours but they haven't been released yet. Local markets are looking
:09:27. > :09:45.forward to these of local consumption. It could boost
:09:45. > :09:52.sentiment yet again, and could be indication that the mainland is on
:09:53. > :09:55.its way out of a slump. Data out on Monday revealed the trade surplus
:09:55. > :10:01.level this year. Inflation remains level this year. Inflation remains
:10:01. > :10:02.under control. The question is, how sustainable is this improvement in
:10:02. > :10:08.the economy, and the economy, and that remains
:10:08. > :10:12.unclear. China is keeping Rico Hizon waiting. We will review the papers
:10:12. > :10:14.in just a moment.