Original Broadcaster Captioning (Enhanced). Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:02Now on BBC News. The latest
00:00:04business news from across the globe.
00:00:06globe. Business Today. MUSIC
00:00:17MUSIC Shipping Shipping breakthrough Iran says it's it's reached an agreement with Oman
00:00:20Oman on a route through the Strait
00:00:23Strait of Hormuz. No comment yet
00:00:25yet from the United States. AI reshuffle
00:00:28reshuffle Shares in Google fall after
00:00:30after the chief executive of its
00:00:33its DeepMind company steps aside. aside. This as the tech giant seeks
00:00:36seeks to keep pace with its rivals.
00:00:39rivals. Payback time. The Trump administration
00:00:43administration refunds $100 billion
00:00:43billion in tariffs to illegally charged
00:00:47charged businesses, but 25 US states states are now suing the White House
00:00:51House over new tariffs and fighting
00:00:55fighting fires, with technology. technology. We speak to the company
00:00:56company that's using AI to detect
00:00:59detect and track wildfires in Greece.
00:01:03Greece. Live from London. This is is Business Today. I'm Tadhg Enright.
00:01:07Enright. Thanks for joining me. Well, Well, let's start with oil and navigation
00:01:10navigation through the Strait of of Hormuz. An Iranian spokesperson
00:01:14spokesperson says the deal has been
00:01:15been reached with Oman on a new shipping shipping route through the strait.
00:01:19strait. This follows promises from from President Trump and other senior
00:01:23senior US officials that a deal is is imminent to resume safe passage
00:01:26passage for ships in the vital Gulf
00:01:29Gulf waterway. Uncertainties remain,
00:01:31remain, though the Iranians have have stressed that the agreement
00:01:34agreement with Oman cannot mean that
00:01:36that the strait is safe as long as
00:01:39as the US maintains a naval blockade
00:01:41blockade on Iranian ports. It's also also unclear whether the US will
00:01:45will accept any deal in which Iran
00:01:47Iran maintains some control over over the channel. For now, though,
00:01:50though, oil prices appear unmoved unmoved by the latest developments.
00:01:53developments. A barrel of Brent crude
00:01:55crude is currently trading at around
00:01:59around $79. West Texas Intermediate
00:02:02Intermediate at around $75 a barrel. barrel. Speaking in Las Vegas, President
00:02:06President Trump reiterated his promise promise that oil prices will come
00:02:09come down once the war in Iran ends.
00:02:12ends. When gasoline when oil goes goes down and it's going to go down
00:02:16down very rapidly and it's happening happening very soon, already happening.
00:02:18happening. If you look today, it's
00:02:20it's $75 down to 75. It's dropping.
00:02:24dropping. And we may have to send send it up again. We may have to
00:02:27to you know what happens when we we send it up, but we hope we don't
00:02:31don't have to. But when that oil oil and gasoline go down, everything
00:02:35everything else follows. I spoke
00:02:36spoke earlier to Cormac McGarry Cormac Cormac McGarry, a maritime expert
00:02:40expert and director at the firm Control Control Risks who tried to decipher
00:02:44decipher the mixed messages coming
00:02:46coming from all sides. Well, in the
00:02:48the past 24, 48 hours, there's clearly clearly there's, signals kind of
00:02:52of been clearly deliberately leaked
00:02:55leaked into the media by both the the US, Iran and probably Oman as
00:02:58as well. A lot of mixed mixed signals,
00:03:01signals, but they're all indicating indicating that something is about about to happen. So what I want to
00:03:05to say is kind of caution. We don't
00:03:07don't know exactly what's about to
00:03:09to happen, but the indications are are that an agreement is about to
00:03:13to be announced that might look something something like this, where if ships
00:03:17ships are going to go into the Gulf, Gulf, so westward through the Strait
00:03:20Strait of Hormuz, they would enter enter through an Iranian route and
00:03:23and then coming out, exiting eastwards, eastwards, they would go through
00:03:26through an Oman controlled route. route. So basically one through Iran
00:03:30Iran and one out through Oman. But
00:03:33But that would involve acknowledging acknowledging that Iran has at least
00:03:36least some control over the Strait Strait of Hormuz. And that would
00:03:38would be a bitter pill for the US
00:03:40US to swallow. Right. Did the harsh
00:03:42harsh tactical reality of the Strait Strait of Hormuz is that Iran has
00:03:46has emerged from this war with almost almost full tactical control of the
00:03:49the Strait of Hormuz. So the long-term long-term scenario planning that
00:03:52that we're trying to do at Control Control Risks for our clients in
00:03:56in all the scenarios, scenarios we
00:03:58we look at realistically, they include
00:04:00include Iran maintaining some level level of control. So what we see
00:04:04see in the next few days, if it does does actually emerge into reality,
00:04:08reality, it's probably going to be
00:04:10be a reality in which Iran has realistic
00:04:14realistic control of the strait. strait. Yeah. I mean, in that context,
00:04:17context, how significant is it that
00:04:19that the Houthis that significant
00:04:22significant force within Yemen who who are allied with Iran, have been
00:04:26been attacking ships elsewhere in in the region, specifically in the
00:04:29the Red Sea? Another important channel.
00:04:34channel. It is all part of the picture. picture. Now, we don't want to mistake
00:04:37mistake the Houthis for being Iran. Iran. They are allied with each other.
00:04:40other. But Houthis don't just do do what the Iranians tell them. The
00:04:43The Houthis are pursuing their own own aims and purposes, and that's
00:04:46that's a blockade of Saudi Arabia Arabia effectively, is what they're they're doing. It is part of the
00:04:50the picture, however, because that
00:04:51that that will be part of the pressure
00:04:55pressure on the US to concede something something to Iran. It's part it's
00:04:57it's all part of that grand strategic
00:05:00strategic picture that that is basically basically saying the US cannot control
00:05:03control that strait. And then the the broader picture, it cannot control control the strait and the southern
00:05:07southern Red Sea at the same time. time. And if it wants business to
00:05:11to get back to some form of normal, normal, it's going to have to concede
00:05:15concede militarily. And what would would you say, Cormac is different
00:05:18different this time as compared with with a few months ago when we thought
00:05:22thought we had the outline of a deal deal that would reopen that strait
00:05:25strait all over again. I think what's what's different is that so back
00:05:29back in maybe two months ago in early
00:05:31early June, the MOU was announced announced and we were forecasting
00:05:34forecasting that. So the system that that was announced effectively allowed
00:05:38allowed some ships to get through. through. We thought Iran would turn
00:05:41turn a blind eye. Iran was saying saying that it would administer the
00:05:45the strait. We thought they would would turn a blind eye to the fact
00:05:48fact that a lot of ships were going going to sail without asking their
00:05:51their permission, but Iran shut that that down pretty quickly and started started attacking ships again. And
00:05:55And then we entered the round of of violence that we've seen for the
00:05:57the past month or so. What's different
00:06:00different now is that we know Iran Iran has asserted itself and said
00:06:04said if ships sail without its permission, permission, it will attack them.
00:06:07them. And there's there's no doubt doubt about it that shipping, getting
00:06:11getting back to normal is going to to have some form of normal is going
00:06:14going to happen under some form of
00:06:17of Iranian regime. To the US now
00:06:20now and Donald Trump's administration administration has refunded $100
00:06:24$100 billion of its so-called Liberation Liberation Day tariffs to businesses
00:06:27businesses after they were ruled ruled to have been illegal. That's
00:06:30That's around 60% of all the tariff
00:06:33tariff collected by the US government. government. Under the policy. This
00:06:36This according to a recent court court filing from US Customs and
00:06:39and Border Protection. Meanwhile, Meanwhile, though 25 US states are
00:06:42are now suing the Trump administration administration over the latest wave
00:06:46wave of tariffs on imports from dozens
00:06:48dozens of countries, including Australia
00:06:50Australia and Norway because of accusations accusations they weren't doing enough
00:06:54enough to tackle forced labour. The The states, all led by the Democratic
00:06:58Democratic Party, call these new new tariffs arbitrary, capricious
00:07:01capricious and contrary to law. I I spoke to Professor Barry Appleton,
00:07:05Appleton, co-director of the centre centre for International Law at New
00:07:08New York Law School. He testified testified to the US Trade Representative
00:07:11Representative on the use of section
00:07:14section 301 and on forced labour labour issues, and he explained the
00:07:18the legal complexities of it to me.
00:07:20me. Well, it's kind of complicated.
00:07:23complicated. Look, nobody is in favour favour of the use of forced labour
00:07:26labour in imports, right, where everybody everybody all the countries have
00:07:29have laws that deal with it. The The difference is their laws are
00:07:32are different from the way the US
00:07:34US does it. The US has put in a reverse
00:07:38reverse onus. They've said everything
00:07:40everything is deemed to be use of
00:07:42of forced labour unless you can prove
00:07:45prove it to the alternative. And And so many countries like the UK,
00:07:49UK, Australia, Canada have forced
00:07:50forced labour laws. But they say
00:07:53say you have to only prosecute those those who have an allegation of use
00:07:57use of force, Labour and the Americans Americans have imposed a tax on that.
00:08:00that. So it's not that there's a a proof of any link to forced labour,
00:08:04labour, it's simply that there's there's a difference in the way that
00:08:07that everybody's enforcing it. And And that seems pretty unfair. So
00:08:11So looking at the specifics of the the case that these 25 individual
00:08:14individual US states have taken,
00:08:16taken, how strong would you say it
00:08:20it is? Well, you know, what's interesting interesting about this is that this
00:08:23this is the third time now that something something is going to the US courts,
00:08:27courts, if you remember, on the trade trade liberation tariffs, the US US Supreme Court struck that down.
00:08:31down. That was the first time anyone anyone had ever used the Iipa tariff.
00:08:35tariff. And they said that that was was improper. It wasn't properly
00:08:38properly connected. And there was
00:08:40was another power owned by the Congress.
00:08:43Congress. This area, section 301, 301, is very established. It's been
00:08:47been used for over 60 years. The
00:08:51The difficulty here is, is that there there was a very shortened period.
00:08:54period. There's no link whatsoever whatsoever to the proof of forced
00:08:57forced labour that's here. And so so the fairness, the discrimination
00:09:01discrimination you'd want to show
00:09:03show the rationality is absent. So
00:09:05So normally a 301 doesn't have a
00:09:07a good shot. But this particular
00:09:10particular tariff looks and doesn't doesn't smell right. It just doesn't
00:09:13doesn't seem to have the right fit. fit. So I would say that this has
00:09:16has a better chance than most to
00:09:18to be able to succeed. But it's going
00:09:21going to take time. Would you welcome welcome big trading nations such
00:09:24such as the United States? More of
00:09:27of them doing more to prevent forced
00:09:29forced labour, even if it involves
00:09:31involves the use of tariffs? Well,
00:09:35Well, tariffs are not a very effective effective tool with respect to forced
00:09:38forced labour. But A it's not that
00:09:42that we're it's not that anyone would would be opposed to the use of tariffs
00:09:44tariffs per se if there was actually actually a link. But remember in
00:09:48in this case the 59 countries in
00:09:50in the EU, the 60 affected participants,
00:09:53participants, there's no proof whatsoever whatsoever that they're using forced forced labour. It's simply they're
00:09:57they're enforcing it in a different different way. And somehow that doesn't
00:10:01doesn't seem to be right. Shares
00:10:03Shares in the Google parent alphabet alphabet have been falling after
00:10:06after a shake-up at the top of the
00:10:09the company's AI business, Demis Demis Hassabis, who's chief executive
00:10:12executive of Google's DeepMind, will
00:10:13will now become chief scientist at
00:10:16at alphabet. If this comes after after four of Google's AI researchers
00:10:20researchers announced they were leaving leaving to start their own company
00:10:22company with more. Here's our North
00:10:24North America business correspondent correspondent Samira Hussain. Google
00:10:28Google is under immense pressure pressure as it competes with the
00:10:31the likes of Anthropic and OpenAI.
00:10:33OpenAI. It is why this big shake-up
00:10:35shake-up of their AI leadership has has investors just so nervous. There
00:10:39There are worries that alphabet has has actually fallen behind in the
00:10:43the AI race, even though it created
00:10:46created some of the key technologies
00:10:48technologies that are underpinning underpinning current AI models. Now
00:10:51Now also remember like other tech tech firms, Google continues to spend
00:10:55spend big on AI data centres and
00:10:57and such to the tune of somewhere
00:11:01somewhere between 195 to $205 billion. billion. That's an awful lot of money
00:11:05money to spend on a division of a a company that is going through such
00:11:09such a massive shake up. Still to
00:11:11to come here on Business Today beyond
00:11:14beyond the cloud could data centres
00:11:16centres in space be a realistic solution
00:11:18solution to the huge computing demands
00:11:21demands of AI around the world and and across the UK?
00:12:25that made me feel sick. The big cases, cases, funeral. Home horror. Watch
00:12:29Watch on BBC News. This is BBC News.
00:12:36News. And you're watching Business Business Today. Well, this summer
00:12:38summer has seen some record breaking
00:12:40breaking wildfires in France and and Spain and in Greece. Authorities
00:12:44Authorities are still battling fires fires there with risks of further
00:12:48further outbreaks. Rising temperatures temperatures are making wildfires wildfires more frequent, more intense
00:12:52intense and harder to predict. But
00:12:55But now satellite imagery and AI
00:12:57AI are increasingly helping emergency
00:12:59emergency services to detect fires
00:13:02fires earlier and forecast how they
00:13:04they will spread. Doctor Axel Reiniger
00:13:06Reiniger is chief commercial officer officer at OroraTech. It helped to
00:13:10to develop Greece's first dedicated dedicated national wildfire satellite
00:13:14satellite system, and he's been telling
00:13:15telling me how it works. So from
00:13:19from space we can continuously monitor
00:13:22monitor fires with satellites that
00:13:24that measure infrared. So we measure
00:13:27measure heat rather than visible visible smoke or flames. And we scan
00:13:31scan the Earth's surface surface
00:13:33surface looking for heat signatures
00:13:36signatures frequently and globally. globally. So with that information
00:13:40information combined with weather
00:13:42weather vegetation and terrain data,
00:13:44data, our AI turns millions of data
00:13:48data points into a simple alert and
00:13:50and actionable insight like how the
00:13:52the fire evolves, where it goes and
00:13:54and how important it is. Europe is
00:13:56is getting used to more wildfires. wildfires. It's probably going to
00:14:00to have to. Other parts of the world world are more accustomed to dealing
00:14:03dealing with them. I wonder is this
00:14:05this part of that Europe becoming
00:14:08becoming more capable of managing
00:14:12managing wildfires? Wildfires need
00:14:15need to be detected earlier if you
00:14:17you want to if you want to act, on
00:14:20on a manageable size of the fire.
00:14:21fire. Once fires get beyond a certain
00:14:25certain size, there is no control. control. So the earlier you can detect
00:14:28detect a fire and even predict where
00:14:30where fires are likely to happen,
00:14:33happen, you can put forces on the the ground, be prepared and react
00:14:36react when the fire is still manageable. manageable. And this is where we
00:14:39we need to get to go. Obviously there's there's like also in the prevention
00:14:43prevention part that we need to do
00:14:45do things like, removing vegetation
00:14:48vegetation early enough, etc. Is
00:14:51Is there a risk that this kind of
00:14:53of technology could promote maybe maybe some complacency about climate
00:14:56climate change that we rely on technology
00:14:58technology to help mitigate its worst
00:15:01worst impacts? No, we are currently
00:15:05currently using in firefighting, firefighting, often technologies technologies that are, you know,
00:15:09know, 100 years old and we just need need to catch up and use what, what
00:15:12what we have at hand, to, battle
00:15:17battle wildfires, with the appropriate appropriate means. OK. And setting
00:15:20setting up systems and infrastructure. infrastructure. This is like roads
00:15:23roads and bridges and, and IT infrastructure. infrastructure. This is something
00:15:27something that every country should should have. To Africa now where
00:15:30where it's richest man, Aliko Dangote Dangote has been speaking to the
00:15:34the BBC about his plans to build build a new oil refinery in Kenya,
00:15:38Kenya, which he says will help African
00:15:39African countries to become more
00:15:42more energy self-sufficient. My colleague colleague Nancy Kacungira caught
00:15:45caught up with Mr Dangote in Lagos Lagos and asked him how advanced
00:15:49advanced the plans are. The plans
00:15:51plans have actually gone very far
00:15:54far with Kenya and because what we
00:15:57we are trying to do really is to
00:15:58to try and make sure that, you know,
00:16:02know, most African countries we make
00:16:04make them self-sufficient in their
00:16:08their own, you know, energy needs,
00:16:11needs, energy needs fertiliser and
00:16:13and co. So going back to your question,
00:16:16question, how far we've gone, we've
00:16:18we've gone very far. And I think
00:16:21think by latest by October we'll
00:16:24we'll be doing, groundbreaking once
00:16:28once we break ground, we will start
00:16:31start the construction very soon. soon. We are really planning something
00:16:35something very big within the African African continent. And a lot of people
00:16:39people say, well, does the refinery refinery in East Africa, does it
00:16:43it make sense? It makes a lot of of sense because the refinery is
00:16:46is not only for Kenya. That's why
00:16:49why we are calling it East African
00:16:51African refinery. You know, so that
00:16:54that can solve a lot of countries countries up to even Egypt. How much
00:16:58much do you expect the East African African refinery to. I think we thought
00:17:02thought it was going to. Cost 17 17 billion, but it's going to cost
00:17:04cost much. It will cost less than
00:17:06than that. We are looking at about
00:17:09about 15.5, $16 billion. Why will
00:17:11will it cost less than you originally
00:17:13originally anticipated? Because this
00:17:15this one will be faster. So in terms terms of financing costs will be
00:17:19be less. And then also you know,
00:17:24know, we are wiser as a company. company. Then that time when we built
00:17:28built this one because we are just just learning when we built the one
00:17:31one here. So that is really what
00:17:33what is helping us. So in terms of
00:17:36of timing, we'll be able to build build in less than four years. So
00:17:40So the location is decided. What What about the financing. Are you
00:17:43you looking at cash debt equity.
00:17:44equity. Yeah. Well look at. All that
00:17:47that you know equity and debt. So
00:17:50So 30% is going to be equity. And
00:17:55And then 70% will be debt. But we
00:17:57we know we don't have any problem problem raising the money. So what
00:18:01what do you see as the impact that
00:18:03that this refinery could have on
00:18:05on energy security? It's going to to have a massive impact really.
00:18:09really. And then also it guarantees guarantees the countries getting
00:18:13getting their own products that are are not going to live hand to mouth, mouth, you know, they are leasing.
00:18:17leasing. And then, you know, the
00:18:18the refinery is there. It's for them.
00:18:22them. Finally, data centres are becoming becoming hugely controversial. They
00:18:26They are vast, noisy, consume a huge huge amount of natural resources
00:18:29resources and are widely seen as as bad neighbours to those who live
00:18:32live around them. But we are going going to need many more to power
00:18:36power the age of artificial intelligence. intelligence. So could launching
00:18:39launching data centres into space
00:18:41space be a viable solution? Elon Elon Musk's SpaceX thinks so. It's
00:18:45It's planning its own so-called Orbital Orbital data centres. Next we're
00:18:49we're going to hear from another another technology company called
00:18:52called Orbital that also believes believes space could be the next
00:18:55next frontier for AI. Its founder, founder, Yuen Poon, has been telling
00:18:59telling us about the reasons for for putting data centres in space.
00:19:02space. It's basically getting a tremendous
00:19:04tremendous amount of energy and scale scale and we have five times the
00:19:08the amount of solar energy that can can be captured in orbit as on the
00:19:12the planet's surface in a sun synchronous
00:19:14synchronous orbit, you get 24/7 sunlight
00:19:18sunlight and we really are just running
00:19:20running out of room energy. The interconnection
00:19:23interconnection queues are clogged clogged up and to basically just
00:19:26just get to the next era of AI. We
00:19:28We do need to start tapping into,
00:19:31into, solar energy up in space. But
00:19:34But Earth's orbit is already full
00:19:36full of satellites, perhaps not full, full, but there are certainly plenty
00:19:39plenty of them up there. And perhaps
00:19:41perhaps are they a different prospect prospect to, to data centres? Aren't
00:19:45Aren't they more bulky? How would would you plan to build them and
00:19:49and get them up there? Not quite
00:19:50quite actually. I think we only have
00:19:54have about 14,000 satellites in orbit. orbit. A remarkably small number
00:19:57number actually 12,000 of them are are Starlink, which were just launched
00:20:01launched in recent years. There are are many, many orbits. And there
00:20:04there are six degrees of freedom freedom of orbits. And we're, you
00:20:07you know, there's a lot of space,
00:20:09space, different altitudes. So there's, there's, there's a lot of, potential
00:20:13potential there for being able to to capture a tremendous amount of
00:20:15of energy. Now you've talked about,
00:20:17about, as you say, building potentially potentially thousands or launching
00:20:21launching thousands of these individual individual little data centres into
00:20:23into space. Are we at risk though, though, of just pushing our problems
00:20:27problems off the planet because space
00:20:29space junk space litter is another another problem of the modern age.
00:20:33age. Yeah. It's something that we
00:20:35we need to manage. But you know,
00:20:37know, there's relatively, barren barren space and it's pretty calm
00:20:41calm up there. So, you know, with,
00:20:43with, with proper, collision mitigation,
00:20:48mitigation, technology and there's, there's, there's just plenty of space
00:20:50space up there to be used. No space
00:20:53space left for us. That's Business Business Today. You can get the latest
00:20:56latest business stories and economics economics news not only here but
00:20:58but throughout the day online. Just Just follow the business section
00:21:02section of the BBC News website or or our app. You can catch section of or our app. You can catch all the
00:21:06the latest details there. MUSIC
00:21:23MUSIC
00:21:32Grand Central Station is one of
00:21:34my favourite New York City structures.
00:21:37structures. It's a glorious reminder reminder of the golden age of American
00:21:40American railroads. It also provides provides the setting for some early
00:21:44early scenes in what many people
00:21:46people regard as one of the greatest greatest American thrillers of all
00:21:49all time. The picture North by Northwest,
00:21:53Northwest, an American thriller, thriller, yes, but directed by a
00:21:56a British filmmaker, the master of
00:21:58of suspense Alfred Hitchcock. Top
00:22:02Top US film critic Bilge Ebiri told
00:22:04told me he's such an ardent fan of of North by Northwest that he's seen
00:22:07seen the film at least 50 times.
00:22:10times. Do you know this man? MUSIC
00:22:19MUSIC
00:22:21Look North by Northwest from 1959,
00:22:241959, the pinnacle of Hitchcock's Hitchcock's American filmmaking career.
00:22:27career. Listen to me. I had nothing nothing to do with it. And also I I think it's kind of the pinnacle
00:22:31pinnacle of a particular kind of of studio filmmaking that Hollywood
00:22:35Hollywood specialised in. Automatically Automatically means a rising sales. sales. North by Northwest follows
00:22:39follows an ad executive named Roger
00:22:41Roger Thornhill, played by Cary Grant,
00:22:44Grant, who is mistaken for a spy
00:22:48spy by some nefarious figures. And
00:22:50And they're convinced that he's this this other person and they try to
00:22:53to kill him and he winds up going
00:22:58going on this cross-country adventure adventure trying both to prove his
00:23:02his innocence and also to flee from from the authorities. North by northwest
00:23:05northwest had a huge impact on me me because in some way it treats
00:23:09treats a lot of Hitchcock's deeper deeper themes about guilt and accusation,
00:23:13accusation, while also framing it
00:23:16it within this incredibly exciting,
00:23:19exciting, delightful, charming adventure
00:23:21adventure plot. Well, here we are
00:23:23are again. Yes. One of the most famous
00:23:26famous sequences in this film is
00:23:28is the crop duster sequence. It occurs
00:23:30occurs about halfway through the the film. Cary Grant's character
00:23:33character has been told that he's he's going to meet somebody out in
00:23:36in the middle of nowhere on this this highway road. There's nobody
00:23:39nobody around for miles and miles
00:23:41miles of flat, blank expanse. And
00:23:44And then, of course, he sees this
00:23:46this little plane appearing in the
00:23:48the distance, you know, dusting crops crops and you realise that the plane
00:23:52plane is there to kill them. They
00:23:58They start to fire at him and he
00:24:00he runs away. It's an sequence when
00:24:04when I think about what makes American
00:24:07American cinema so special I have
00:24:09have to think about the Hollywood Hollywood system and the kinds of
00:24:13of films it made possible, the kinds kinds of scale it made possible,
00:24:16possible, the kind of stardom, the
00:24:17the kind of charm it made possible.
00:24:21possible. And to me, North by Northwest Northwest really kind of stands at
00:24:25at the very top of that. You know,
00:24:28know, it is Hollywood firing on all
00:24:30all cylinders, maybe for one of the
00:24:32the very last times. It's a great
00:24:36great example of a studio film. It's It's a great example of a master
00:24:40master filmmaker at the height of of his powers in the studio system,
00:24:43system, working with one of the great great stars of the studio system
00:24:46system to create something so beautiful
00:24:50beautiful and so magnificent, right right as the studio system is essentially
00:24:54essentially about to collapse. But But the thing that they create together
00:24:58together becomes this work that is is so influential and that winds
00:25:01winds up influencing all the filmmakers filmmakers that come after not just just American filmmakers from all
00:25:05all over the world. But if we ever ever get out of this alive, let's
00:25:08let's go back to New York on the
00:25:10the train together. All right. Is
00:25:13Is that a proposition? MUSIC
00:28:59MUSIC
00:29:02My dad was a farmer who worked for for the government in New Zealand,
00:29:05Zealand, but he also had a radio
00:29:07radio talk show for farmers. He patiently
00:29:10patiently listened to every conflicting conflicting account
00:29:16Conflicting account of what was and wasn't working before reporting reporting back. I was bored stiff stiff by talk of yields and rotations,
00:29:20rotations, but that was really influential influential to how I approached my
00:29:23my journalism. Building trust by
00:29:25by taking the time to understand understand a situation clearly before
00:29:29before reporting a story in a 24
00:29:3224 hour news cycle, patients can can be so frustrating, but it's a
00:29:36a crucial tool. I don't rush to be
00:29:39be the first. I strive to get it
00:29:41it right. I'm Lucy Hockings on BBC
00:29:44BBC News Now.
00:30:10Live from London. This is BBC
00:30:12News with me Kasia Madera. Iran says
00:30:15says a deal with Oman on a shipping shipping route through the Strait
00:30:18Strait of Hormuz is in its final
00:30:20final stages. Israel says two of
00:30:22of its soldiers have been killed killed in southern Lebanon as it
00:30:25it resumes strikes on
00:30:39private investors. I'm Tadhg Enright Enright and coming up in business. business. Shares in Google have fallen
00:30:43fallen after the chief executive executive of its DeepMind division
00:30:46division stepped aside. This, as
00:30:47as the tech giant seeks to keep pace
00:30:50pace with its rivals. Also coming
00:30:52coming up, we're going to meet the
00:30:54the 97-year-old woman who successfully successfully broke her own world
00:30:58world record to become the oldest