2024-12-12
26 分钟Sebastian Ebel, says Germany needs to break free from over-regulation and focus on attracting foreign investors. Food prices in South Africa have risen at their lowest rate in nearly 14 years, keeping the country's inflation below expected levels And General Motors has announced that it will stop funding the development of the Cruise self-driving taxi.
This BBC podcast is supported by ads outside the uk.
If Hitler isn't defeated, it's the end of the free world.
Purple Heart warriors listen now by searching for dramas wherever you get your BBC podcasts.
Hello and welcome to World Business Report from the BBC World Service.
I'm Sam Fenwick.
Coming up today, the boss of one of Germany's best known companies says the next government must attract more foreign investment.
I think we need to rethink the economical policy and I hope that whoever forms the new government really puts a lot of effort into it.
Here from South Africa as the country tries to get back on its feet after years of power cuts and looks to address its unemployment issues.
I've been around to different places giving out my CVs and that, but there was no feedback on that.
And then I just gave up like a month ago saying that I'm not going to go out because there's no income, but I'm spending on going out to places to give my CV in.
And Saudi Arabia has expanded its dominance in global sports with major investments in boxing, golf, motor racing and tag tennis.
So could football be next?
That's all to come here on World Business Report in the next 30 minutes.
First today, the CEO of Europe's largest travel operator and one of Germany's biggest multinational companies, TUI has told this program that Germany needs to do more to attract investment.
Sebastian Abel says the next government must reduce bureaucracy for the economy to grow.
Elections are set to take place in Germany in February.
Mr.
Abel's comments come after TUI reported a 12% increase in revenue this year compared with 2023.
But the company predicts that growth will slow to between 5 and 10% next year.
He told me that 2024 has been the year of the package holiday, driven by pressures on family budgets leading to customers seeking more affordable holiday options.