Qantas hit with a record fine of $58 million

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• 00:00

  This is Andrew Peach with World Business Report.

• 00:02

  Good to have you with us.

• 00:03

  Today,

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  a court in Australia fines the airline Qantas $58 million

• 00:07

  for sacking 1,800 ground staff during the pandemic.

• 00:11

  Qantas has been called out.

• 00:13

  We hope, of course,

• 00:15

  this sends a strong signal that Qantas and no other company will behave like this ever again.

• 00:20

  Meanwhile,

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  Canada's biggest airline is grounded despite a government order for flight attendants to end their strike action.

• 00:26

  And the Swiss watchmaker Swatch apologises for an advert condemned as racially offensive.

• 00:32

  Chinese social media erupted with anger over this ad that they saw from the brand showing an Asian model pulling back the corners of his eyes.

• 00:42

  Let's start in Washington, though.

• 00:43

  All eyes on the imminent meeting between President Trump,

• 00:46

  President Zelensky and other European leaders to talk about the future of Ukraine.

• 00:52

  Friday's summit between Donald Trump and Vladimir Putin in Alaska didn't get to any deal.

• 00:56

  Now there's a hastily arranged meeting at the White House,

• 00:59

  which the leaders of France and Germany and the UK are attending to show support for Vladimir Zelensky.

• 01:06

  When the war started three years ago, it threw the global economy into turmoil.

• 01:10

  So how the markets react?

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