Between april and june, the company made a Profit Ofjust over 30 billion, a lot of money by anyones metric, but significantly down from more than the 48 billion it made in the same period a year ago. The main reason is, as you can see here, that oil prices during the period were at the lowest point in the last year, as the boost they got from russias invasion of ukraine wore off. And last week, in an effort to keep them that way, saudi arabia said it would only produce nine Million Barrels a day. That extended Production Cuts by the 0pec group of big oil producers, who profit more from a higher price. When it comes to saudi aramco, those higher prices mean higher Dividend Payments for shareholders, and its boosted those to nearly 30 billion in the current period. So i put it to our middle east Business Correspondent Sameer Hashmi that even with falling profits, the biggest winner is the saudi government, which is aramcos biggest shareholder. The saudi government owns around 90 of the c
Like it or loathe it, it is bigger and more controversial than ever. Facebook closes in on 2 billion users but can it see off the controversy. Also france and Youth Unemployment. Also in the programme, chinas answer to boeing prepares for its Maiden Flight. We start with facebook, because despite the ongoing controversy over everything from fake news to extremist and violent content, the Social Networkjust keeps getting bigger and more profitable. Facebook has been warning for some time it cant keep growing at this rate but the latest results show no sign of a slowdown yet. Take a look at these numbers. Facebook made profits ofjust over 3 billion in the first three months of this year. Thats a jump of more than 76 on the same period last year and more than investors were expecting. Facebook is creeping ever closer to two billion users 1. 91; billion people are now actively using the Social Media Platform every month, up 17 on this time last year. But in recent months theres been growin
so everything is about two months until we get the working licence. when the working liscence is finished, then we send it to the embassy. the embassy, maybe one month, maybe three months. it all depends about periods in the year, you know? and if the croatian coast continues to pull in the punters like this, they need all the workers they can get. guy delaunay, bbc news rijeka. in other news. the german firm siemens energy says it expects to lose nearly $5 billion this year because of problems at its wind turbine division. that s despite what the company said was a sharp growth in orders which comes as europe continues to try to make more of its energy from renewable sources. the chief executive said that wrinkles had been found in some rotor blades, which are made of more than 150 layers of glass fibres. the head of public affairs at europe s biggest bank hsbc has apologised after accusing the british government of being weak for complying with us demands to cut back business deali
they have done credit russians reading from a cc to a triple c minus. as a country struggles to make that payments due to international sanctions, the sanctions have reduced russians foreign exchange reserves and restricted its access to the global financial system. and, the bank hsbc has nominated its financial institute to venture into the digital metaverse, requiring virtual real estate in the same box. the bank will use the site for marketing purposes. as well as for gaming and e-sports. all right, let s have a look through the morning s markets will start up in asia, the only one that s open right now, and you should you could see it s a bit of a mixed picture. as markets continue to watch the war in ukraine. we will look at the currency exchanges and how the pound currently trading a slightly up $1, $1.32, slightly up against zero. one year or 19. we ll look at the price of the bread crude, oil is continuing to soar in price because of the war in ukraine. currently it s at $108.9