When you're on from South Korea's worst air crash, families want answers.
It's World Business Express from the BBC World Service.
I'm Leanna Byrne.
The Amazon equivalent of South Korea pays out big to its users after it was hacked.
And speaking of hacks, what has Jaguar Land Rover learned after it was attacked?
Yes, today marks one year since the deadliest air disaster in South Korea's history.
A Boeing 737 crashed while landing at Muang Airport, killing 179 people.
Investigators initially said a bird strike may have led to a loss of engine power.
A year on, families say they're still waiting for answers and are calling for an independent inquiry.
Kim Yeon-jin lost her parents and younger brother in the crash.
When false truths emerge and when truths are minimised, concealed or distorted, when no one takes responsibility for it, when the deaths of our families are dismissed as mere misfortune, what follows is truly terrifying and horrific.
If we fail to properly reflect on this tragedy, the exact same tragedy will inevitably occur.
Our beloved family cannot return, nor can they be brought back to life.
Yet we believe it is the calling of us survivors to ensure their deaths were not in vain.
Our reporter Yuna Ku is covering the story.
We still have a long way to go because, after the crash, the aviation and railway accident investigation board, which is under South Korea's transport ministry, opened up an investigation.
However, these families of the bereaved weren't very much convinced of what they were doing.
Because they are under the transport ministry.
They are still influenced by this ministry, which they think is responsible for this accident.
What really set off anger among these families was that when the board preliminary finding told them that pilots made some mistake while landing onto the runway and they made suggestion that This board might be trying to put all the responsibility on these pilots instead of other factors such as this concrete localizer structure or possible aircraft faults,
So what are some of the questions that are still left unanswered for those families?
But these families have been insisting that none of the questions have been answered, because they think there are more reasons that affected this devastating accident.
Admitted that pilots may have made some mistakes, but they are thinking that this is not the only reason.
And also not only the families and many other experts have also been pointing out that, even if the pilots have made mistakes, if there wasn't this concrete structure at the end of the runway, this casualty might not have been this bad.
And this wasn't just a tragic accident.
It's also had... real consequences for South Korea's aviation sector, hasn't it?
This is surely the biggest, the worst aircraft accident in our history since 1997.
So this would set up another precedent regarding aviation rules or safety rules, or like regulation on aviation aircraft manufacturers or airliners.
You know, coup there.
And sticking with South Korea.
The e-commerce firm Coupang has agreed to pay over a billion dollars in compensation to its users for a massive data breach.
The BBC's Archana Shukla can tell us more.
It was personal data for almost two thirds of the South Korean population.
Coupang is one of the largest e-commerce players in South Korea and is often called South Korea's Amazon.
And nearly 33 million accounts were exposed.
Although later the company said that data for only 3000 accounts were stolen, but it certainly did expose information for pretty much most of the adult population.
That was Archana Shukla.
The new James Bond game 007 First Light has been delayed until the end of May.
It's the first time first game featuring Bond since 2012 and it was supposed to come out at the end of March, but its developer, IO Interactive, says it needs extra time to further polish it.
Now.
Walter Todd was with me.
President and Chief Investment Officer at Greenwood Capital in South Carolina.
Happy holidays, Walter.
Thank you, Leanna.
Same to you.
Frankly, Santa Claus sometimes sprinkles his magic on the markets at this time of year.
Explain that to me.
Yeah, so typically the Santa Claus rally is defined as the last five trading days of the year and the first two of the new year.
By that definition.
We're in the third day of that and we're about flat here in the US over that time frame.
But Santa may have come a little early.
If you go back to the 18th, we're up about 3% off of the levels back then.
Well, Santa Claus seems to have come for copper prices, because we've seen a massive spike, a record just shy of 13000 a metric ton.
What's behind that?
Yeah really, with copper as well as other precious metals.
It's a combination of a lack of new supply and increased demand from AI, from industrial uses of copper and silver and other metals.
I will note though, although you've seen a new high this morning a lot of these, including copper they've reversed lower.
So it may signal some exhaustion in this rally.
All right, really interesting.
Walter Todd, President and Chief Investment Officer at Greenwood Capital in South Carolina.
We hope you have a great rest of your holidays.
Now, when it's one of the UK's most famous brands.
Jaguar Land Rover was targeted by hackers in September, and it shone a light on another vulnerability of the global auto supply chain.
The BBC's Theo Leggett takes a look at what it means for the sector.
JLR is a Midlands motoring giant, but it's been thrown into crisis by a single cyber attack.
A devastating cyber attack at the end of August forced Jaguar Land Rover to shut down its computer networks and left it unable to build or sell any cars.
Defender. is an icon reimagined.
At the time, Andy Palmer, a former boss of Aston Martin, explained what made a car manufacturer particularly vulnerable to this kind of disruption.
We have software that very much links the ordering of parts to the manufacturing of vehicles, to the wholesale and then to the retail.
You break one part of that chain and everything stops.
And that's essentially what's happened here.
Jaguar Land Rover normally makes more than 1000 cars a day at its factories around the world, but production was crippled for more than five weeks.
And while the impact on JLR itself was severe, a swathe of other businesses, the carmaker's suppliers, were also hit, as David Leggett of Global Data Automotive explains.
If you think of a typical vehicle, it could have up to 20000 component parts with thousands of suppliers around the world.
When manufacturing operations stop at the top, then the whole supply chain underneath that think of it as a pyramid the whole supply chain underneath that seizes up because there is nowhere for the component parts and output to go and the factories therefore grind to a halt.
Among JLR's main suppliers is Evtech Group.
It makes engine parts at a plant in the English Midlands.
More than a month into the stoppage, I went there to have a look around.
The normally bustling factory was eerily quiet, and boxes of undelivered parts were stacked up from floor to ceiling in every available space.
EFTEC's chairman, David Roberts, told me what was going on.
We stopped sales in early September so we've had to take stringent cost measures to protect the business, make sure we survive.
That's involved unfortunately, sending people home because we couldn't do any productive work for them.
But clearly that can't last.
The attack on JLR caused financial losses of more than 25 billion and affected more than 5000 organisations in the UK alone.
JLR is now back up to full production and it seems fears that many of its smaller suppliers might not survive have not been realised.
Nevertheless, the affair has shown clearly how vulnerable our economies can be, with an attack on one key company causing havoc for thousands more.
That was Theo Leggett with that report.
And if you want to hear any more on any of those stories that we covered today, just check out the BBC News website.
And that's it from World Business Express from the BBC World Service.
With me, Leanna Byrne.
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Just search for World Business Express wherever you get your podcasts.
Have a great day.
Thanks so much for listening.
