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latest headlines from BBC World News. Now for the latest financial | :00:00. | :00:16. | |
news with world Business Report. A grim anniversary ` it's six months | :00:17. | :00:19. | |
since 1,100 people were killed when the Rana Plaza factory complex | :00:20. | :00:24. | |
collapsed in Bangladesh. We assess what if anything has changed. | :00:25. | :00:28. | |
Microsoft's set to reveal record earnings today but what investors | :00:29. | :00:32. | |
really want to know is who will take over as CEO when Steve Ballmer | :00:33. | :00:38. | |
leaves next year. We look at the candidates. Welcome to world | :00:39. | :00:48. | |
Business Report. I'm Sally Bundock. Also in the programme, China's | :00:49. | :00:51. | |
manufacturers have just had a bumper month. We'll have the latest details | :00:52. | :00:55. | |
on that But first, it was one of the worst workplace disasters in | :00:56. | :00:58. | |
history. More than 1,100 people were killed when the Rana Plaza factory | :00:59. | :01:06. | |
complex collapsed in Bangladesh. It was six months ago to the day. | :01:07. | :01:13. | |
Walmart, Benetton and Primark were just some of the big name retailers | :01:14. | :01:16. | |
whose garments were made on the premises. Talks over compensation | :01:17. | :01:18. | |
for staff and their families continue, Primark is expected to | :01:19. | :01:21. | |
confirm today it will extend its deal for workers from six to nine | :01:22. | :01:23. | |
month's salary. That's the equivalent of $350 for every single | :01:24. | :01:31. | |
worker. In his first BBC interview, Paul Lister, head of corporate | :01:32. | :01:34. | |
governance, told Simon Jack that Primark accepted full responsibility | :01:35. | :01:36. | |
for the staff working on its products and was working towards | :01:37. | :01:47. | |
improving safety and conditions. We were sourcing out of one factory on | :01:48. | :01:51. | |
the second floor of the eight story building. We knew we were there. We | :01:52. | :02:00. | |
knew we accepted responsibility for those workers. This is a primer | :02:01. | :02:07. | |
T`shirt bought this morning, it cost two pounds fifty. If you are in the | :02:08. | :02:12. | |
business of selling clothes very cheaply, you are in the business of | :02:13. | :02:17. | |
low pay and dangerous working conditions. Absolutely not. We share | :02:18. | :02:24. | |
the factories with box of retailers. We will find T`shirts sound `` | :02:25. | :02:31. | |
solder two pounds fifty next to T`shirts being sold for thirty two | :02:32. | :02:38. | |
pounds. It is the same wages and the same pay. How much extra would you | :02:39. | :02:43. | |
have to add to the price of this tissue to make sure someone was | :02:44. | :02:48. | |
better paid, not working all those hours and not working in hazardous | :02:49. | :02:52. | |
building. Nothing. We know the factory where that T`shirt is made, | :02:53. | :02:57. | |
we will have an spectre that factory on several occasions. We are a | :02:58. | :03:05. | |
constant on of looking to see that the work that is in the factory, the | :03:06. | :03:09. | |
workers conditions are appropriate. I can guarantee we can look. The | :03:10. | :03:15. | |
wages we think they are being paid is ten p an hour. Working will than | :03:16. | :03:19. | |
ten hours a day. Would you work for ten p an hour? When we look at an | :03:20. | :03:26. | |
inspection, we look at the hours of work. It is difficult for us to say, | :03:27. | :03:32. | |
this line next to this line needs to be paid more than this line working | :03:33. | :03:36. | |
for a Bond Street retailer. I do not think the Bond Street retailer | :03:37. | :03:42. | |
workers would be sliced to be sitting next to a primer retailer | :03:43. | :03:47. | |
who worked more. What it needs is a collective approach to raising the | :03:48. | :03:54. | |
wages. We would welcome that. Now our correspondent in Dhaka, Mahfuz | :03:55. | :03:57. | |
Sadique joins us from the site of the disaster. We heard from one of | :03:58. | :04:10. | |
the key players at prime mark. From your point of view, what has changed | :04:11. | :04:13. | |
on the ground since that is the `` disaster? I'm standing outside the | :04:14. | :04:23. | |
site of the building which killed more than eleven hundred people six | :04:24. | :04:28. | |
months on. What has changed on the ground is, there has been a lot of | :04:29. | :04:32. | |
promises like the ones prime mark has made and other major retailers | :04:33. | :04:37. | |
have formed safety plans on both sides of the Atlantic. They are | :04:38. | :04:42. | |
promising to change the safety regulation and improve safety for | :04:43. | :04:48. | |
workers. What is difficult, that considering the scale of the | :04:49. | :04:51. | |
industry, it is a twenty one early in dollar plus industry. The | :04:52. | :04:56. | |
majority of factories have their own standards. There is a sub | :04:57. | :05:00. | |
contracting side to it, factories sub contract work from companies | :05:01. | :05:05. | |
like Trimark in factories housed in unsafe buildings. They spoken to one | :05:06. | :05:11. | |
of the survivors who was in the Plaza, the miraculous woman survivor | :05:12. | :05:18. | |
who was saved seventeen days after the collapse. She said salaries of | :05:19. | :05:22. | |
these workers need to be increased and compensation should be played. | :05:23. | :05:28. | |
Their salaries should be increased, whatever is needed to make their | :05:29. | :05:32. | |
lives safer must be done. They work very hard and suffer a lot. These | :05:33. | :05:38. | |
clothes are bought foreign buyers. I would ask them to give the | :05:39. | :05:43. | |
compensation they have promised. If I'm successful one day I would like | :05:44. | :05:47. | |
to help them as well. What has happened regarding compensation for | :05:48. | :05:56. | |
there is and families? `` victims. The issue of compensation has been | :05:57. | :06:00. | |
coming up for the last six months. Outside the Plaza site, workers and | :06:01. | :06:09. | |
survivors of those who perished are demanding compensation right now. | :06:10. | :06:13. | |
What has happened in the last few months, from the Prime Minister's | :06:14. | :06:17. | |
relief fund and other big business bodies have come up with ad hoc | :06:18. | :06:23. | |
compensation. It does not fall under a legal framework. None of the | :06:24. | :06:27. | |
families all survivors have gotten legal compensation. A British survey | :06:28. | :06:32. | |
has done a survey which says that only six percent of the survivors | :06:33. | :06:39. | |
they had serve eight, at actually got some form of legal compensation. | :06:40. | :06:45. | |
The figures of the survey make for grim reading. At the same time, many | :06:46. | :06:49. | |
of these workers who suffered had not been able to go back to work | :06:50. | :06:51. | |
because they have physical injuries and they have not had enough medical | :06:52. | :06:57. | |
attention since that disaster six months ago. Microsoft reports | :06:58. | :07:11. | |
profits for the past three months later on Thursday, but the $25 | :07:12. | :07:14. | |
million question is who will take over the company next year. Current | :07:15. | :07:21. | |
boss Steve Ballmer is due to go before August next year. We work for | :07:22. | :07:32. | |
the greatest company in the world. He made other but many disagree. | :07:33. | :07:37. | |
Steve Ballmer took over the running of Microsoft from bill Gates in two | :07:38. | :07:41. | |
thousand. Under tenure, the firm has had more misses than hits. Remember | :07:42. | :07:47. | |
music and video player, launched in two thousand and six, it could never | :07:48. | :07:54. | |
compete with Apple's iPod. Its tablets have also been playing catch | :07:55. | :07:57. | |
up to Apple with less than two percent market share. Do not forget | :07:58. | :08:01. | |
the disappointing launch of Windows eight last year. This is how | :08:02. | :08:05. | |
investors are assessing its performance. Since its main rival | :08:06. | :08:12. | |
Google listed its shares in two thousand and four, their values rose | :08:13. | :08:17. | |
by thousands are sent. Compare that to Microsoft, at just twenty four | :08:18. | :08:22. | |
percent. That no`one can beat Apple. Its shares are up more than | :08:23. | :08:28. | |
three thousand percent. So who can reinvigorate the firm? There is a | :08:29. | :08:34. | |
lot of speculation over who will become the third ever CEO of | :08:35. | :08:39. | |
Microsoft. The boss of Ford is believed to be one of the | :08:40. | :08:44. | |
front`runners. Although he remains quiet on the possible move. Another | :08:45. | :08:49. | |
candidate is the former CEO of Nokia, which is selling its phone | :08:50. | :08:55. | |
business to Microsoft. And Oracle president, although he says he is | :08:56. | :09:00. | |
not planning to move to Microsoft, is not confirmed or denied whether | :09:01. | :09:06. | |
he has been asked. One of the things we have seen from the likes of Apple | :09:07. | :09:10. | |
and Facebook, Google is that you need someone who is ready to go out | :09:11. | :09:15. | |
on a limb and do something totally dramatic compared to what they have | :09:16. | :09:19. | |
been doing in the past. Thanks to its strong enterprise business which | :09:20. | :09:24. | |
dominates work place computers, its revenues are expected to continue | :09:25. | :09:30. | |
growing. But in the post` PC world, now maybe the time a technical `` | :09:31. | :09:35. | |
technical visionary, rather than a great business manager. Business | :09:36. | :09:41. | |
managers who like to wear bright yellow shirts. Markets in Asia, | :09:42. | :09:49. | |
Japan down as half a percent. That was India yesterday. China's | :09:50. | :09:55. | |
factories experienced their strongest expansion in seven months | :09:56. | :09:58. | |
in October, adding to evidence the world's second`largest economy is | :09:59. | :10:09. | |
recovering. I will see you seen for a look through the papers. | :10:10. | :10:23. | |
England's chief medical officer has criticised the state of children's | :10:24. | :10:24. |