:00:00. > :00:00.of police during a routine patdown. Those of the latest headlines. For
:00:00. > :00:24.the latest financial news now. Michael Dell is set to win a key
:00:24. > :00:26.shareholder vote on taking his company private, but the bigger
:00:26. > :00:29.battle to turn around the PC maker is still ahead.
:00:29. > :00:32.battle to turn around the PC maker Plus, Brussels promises an end to
:00:32. > :00:43.the roaming rip—off in a major shakeup of the
:00:43. > :00:49.Report. Also in the programme, Report. Also in the programme,
:00:49. > :00:53.two economy. We will have the latest a serious slowdown
:00:53. > :00:57.two economy. We will have the latest from the World Economic
:00:57. > :00:59.First, we start with the computer First, we
:00:59. > :01:05.major shakeup. Later today, the giant Dell, which is
:01:05. > :01:05.major shakeup. Later today, the founder of the PC maker, Michael
:01:05. > :01:07.Dell, is expected to win a opposition from billionaire
:01:07. > :01:25.shareholder vote five years ago. Mr Dell hopes it
:01:25. > :01:26.will give him some breathing space to turn the company around, away
:01:26. > :01:29.from the constant scrutiny of from the constant scrutiny of
:01:29. > :01:33.shareholders. Let's look at the challenge ahead. Some figures out
:01:33. > :01:37.late yesterday will give you a sense of what Michael Dell will be to pull
:01:37. > :01:44.off. According to research, global shipments of traditional desktop PCs
:01:44. > :01:49.year. If you compare that to year. If you compare that to
:01:49. > :01:54.they will be a healthier 181 they will be a healthier 181
:01:54. > :01:59.million. But lets look at tablets. They are on track to hit 222 million
:01:59. > :02:05.this year. And dwarfing them all, over 1 billion smart phones will be
:02:05. > :02:08.shipped this year. They are becoming by far the dominant way to access
:02:08. > :02:17.the Internet around the world. Can Dell reinvent itself?
:02:17. > :02:23.It is a sunny lunchtime in New York. For his break, this man comes to the
:02:23. > :02:30.city 's famous Central Park. Like many of us, he likes to browse the
:02:30. > :02:36.Internet best friend is his tablet. It is easily transported. I have a
:02:36. > :02:40.tiny charger, which recharges when the battery dies. For my laptop
:02:40. > :02:44.had to take the full lead and look had to take the full lead and look
:02:44. > :02:49.for a socket. It is a for a socket. It is a case of
:02:49. > :02:51.incorporating it into my lifestyle. That is the challenge that the
:02:51. > :02:55.founder of Dell faces. People founder of Dell faces. People
:02:55. > :02:58.increasingly turning away from personal computers. It is a problem
:02:58. > :03:09.that other traditional computer an example. It dominated the market
:03:09. > :03:12.in the 90s. But almost a decade ago, in the 90s. But almost a decade ago,
:03:12. > :03:20.it had to sell its PC business to China's Lenovo. In order to turn its
:03:20. > :03:24.fortune around. Without such a strategy, things are tough for
:03:24. > :03:27.Hewlett—Packard. They continue to struggle, and their shares will soon
:03:27. > :03:29.be removed from the Dow Jones industrial average due to
:03:29. > :03:36.United States? I think in the short performance. So is
:03:36. > :03:42.term it looks very grim. People like term it looks very grim. People like
:03:42. > :03:46.HP and Dell have been undercut by lots of companies coming out of
:03:46. > :03:50.Asia. They cannot compete on price and people are no longer as
:03:50. > :03:56.interested in purchasing direct the way they once did with Dell.
:03:56. > :04:02.America's PC making is not totally doomed. Lenovo has created new jobs
:04:02. > :04:03.in places like North Carolina. But few US companies want to do the
:04:03. > :04:10.same. same.
:04:10. > :04:11.technology. Later today, the Let's stay with the world of
:04:11. > :04:15.technology. Later today, the European commission will announce
:04:15. > :04:18.details of its plans to reform the telecom industry in the region.
:04:18. > :04:22.Among the proposals likely to prove popular with users is an end to
:04:22. > :04:26.inflated roaming charges when inflated roaming charges when
:04:26. > :04:32.travelling abroad. Brussels also wants to encourage companies to
:04:32. > :04:35.invest in faster Internet services so Europeans can download darter as
:04:35. > :04:43.fast as consumers in the US and Asia. The principal technology
:04:43. > :04:50.analyst is back. It has been a busy week. Tell us, what is the
:04:51. > :04:58.commission likely to set it? There is likely to be a ramping up on caps
:04:58. > :05:02.for roaming charges. Tougher cuts that will lower the causes of voice
:05:02. > :05:05.calls, text messages and probably darter as well. When we travel
:05:06. > :05:12.situation be? In the near future, we situation be? In the near future, we
:05:12. > :05:13.expect to see the eradication of charges for incoming calls. When you
:05:13. > :05:17.are EU, you will no longer be charged
:05:17. > :05:19.for for receiving an incoming call. You
:05:19. > :05:21.also find your costs for making an fall considerably. Eventually we
:05:21. > :05:33.outgoing call by 2016, of the eradication of
:05:33. > :05:43.is slower rate. We expect to see the EU. So it will
:05:43. > :05:48.tougher caps that will lower the tougher caps that will lower the
:05:48. > :05:50.cost of roaming. Eventually get cost of roaming. Eventually get to
:05:50. > :05:57.the stage where you do not pay any more than you do at home, but a bit
:05:57. > :06:02.later. What is the impact for mobile compass? Roaming charges have been
:06:02. > :06:06.very lucrative for mobile companies. Traditionally, this was an
:06:06. > :06:11.unregulated space, so they had more Latitude to charge than they could
:06:11. > :06:13.in their home markets. But as the EU has implemented caps, we have seen
:06:13. > :06:16.an interesting offset. More use an interesting offset. More use of
:06:16. > :06:25.mobile phones while people are roaming while —— because of the
:06:25. > :06:36.lower charges, has made up for the loss of revenue. So everyone has
:06:37. > :06:39.one. Now two north—east China. Global
:06:39. > :06:42.executives for the World Economic Forum are there. In his keynote
:06:42. > :06:45.speech, the Chinese Premier played down fears of a serious slowdown in
:06:45. > :06:53.the world 's number two economy. Our correspondent is there.
:06:53. > :06:56.The man they have all come to see. The Premier has short to ensure
:06:56. > :07:04.investors that China's future growth is on track. TRANSLATION: I would
:07:04. > :07:06.like to tell everyone that the Chinese economy, which is at a
:07:06. > :07:13.crucial stage of transformation and crucial stage of transformation and
:07:13. > :07:16.upgrading, is moving forward and the fundamentals are stable. China's
:07:16. > :07:17.modernisation will not modernisation will not be
:07:17. > :07:26.accomplished without reform. It not be achieved without opening up.
:07:26. > :07:30.By treating aggressively with other nations, China has been opening up
:07:31. > :07:35.for more than 30 years. That export led model has served the country
:07:35. > :07:40.well so far. For decades, China has been described as the factory of the
:07:40. > :07:43.world, and that is what has driven business around the country. A slump
:07:43. > :07:47.in demand from its traditional trading partners has forced economic
:07:48. > :08:01.consumption. A report this week says ways of generating growth. Top of
:08:01. > :08:02.consumption. A report this week says the country has more than 300 US
:08:02. > :08:09.billionaires —— US dollar billionaires. Something these people
:08:09. > :08:16.can only dream about. The vast majority of Chinese live on modest
:08:16. > :08:19.incomes. The economy is still overwhelmingly led by government
:08:19. > :08:21.policy and powerful state—owned companies. Boosting the people 's
:08:21. > :08:30.wealth will depend on difficult changes to come.
:08:30. > :08:31.Australia has seen unemployment hit Australia has seen unemployment hit
:08:31. > :08:35.a four—year high in August, a four—year high in August,
:08:35. > :08:43.revealing a challenge facing newly elected Prime Minister Tony Abbott.
:08:43. > :08:51.It is getting tougher for people trying to find work in Australia, as
:08:51. > :08:58.opposed to easier. That's right. Mr Abbott already faces the key
:08:58. > :09:04.challenge creating jobs —— jobs as the mining investment boom ends. The
:09:04. > :09:06.unemployment level has not been seen since the financial crisis.
:09:06. > :09:16.Queensland, a key mining centre, saw the biggest job losses. 5000
:09:16. > :09:17.positions were lost that as global oversupply saw major companies scale
:09:17. > :09:25.back or shut down projects. Australia now faces a transition
:09:25. > :09:30.towards other growth drivers, with interest rates down to a record low
:09:30. > :09:33.2.5% to jumpstart consumer spending in nonmining areas of the economy.
:09:33. > :09:37.Tony Abbott has promised to return the nation to prosperity they
:09:37. > :09:45.cancelling taxes on popular with businesses, as
:09:45. > :09:49.well as lowering the tax rate. This story has meant that —— has had an
:09:49. > :09:53.impact on the government. The impact on the government. The
:09:53. > :10:03.Australian dollar losing some ground versus the US dollar. The Australian
:10:03. > :10:09.market not perturbed by this news. Not a surprise. The Dow closed up by
:10:09. > :10:16.0.9%. Apple