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June 20, 2024
Mark barton. And i am olivia sterns. Also coming up, we meet the founder of a shaving start up that is cutting down the competition. The blackshow you knights transformer as it takes its first test flight. U. S. Regulators are said to be seeking more than 5 billion from bnp paribas to settle investigations into its dealings with sanctioned countries, including sudan and iran. David tweed has the details. Is much bigger than anticipated, isnt it . Only last week, we were reporting that it could b...
June 20, 2024
Pile, we will discuss the uks strengthening recovery with daniel alexander, the chief secretary to the treasury. Flying cars have always been the stuff of Science Fiction until now. We will test out this real life Chitty Chitty bang bang. Italy and frances new Prime Ministers are hoping to leave the lead the charge for europes economic recovery. They have Just Announced tax and spending cuts to kickstart their economies. Or more, lets bring on jonathan ferro. Basically, they are trying to get mo...
June 20, 2024
Russia fails to reach an agreement with china over gas sales as his trip wraps up. But putin assures he has support over ukraine just days ahead of elections. A leading president ial candidate tells cnbc his country is not ready for a union with europe. Youre watching worldwide exchange, bringing you Business News from around the globe. Good morning, everyone. Yes, youre watching worldwide exchange, Ross Westgate and julia chatterley are out today. Lets get back to one of our top stories. The de...
June 20, 2024
Company recalled more than 6 million vehicles. Subaruac car and also a car. More details later this hour. We have the fed and quite a lot of freeform in europe with matteo renzi downgrading the forecast. We are watching ukraine, corporate news, what else are we watching . We are watching the markets. It is time to check it out for you. Losses in europe and overnight in japan as well. The japanese yen got a little stronger. This is the open in europe. The dax not showing us a price yet, but we ar...
June 20, 2024
It shows the power politics of russia as they look east and that they look south at ukraine. And as a power player, there was so much discussion over the past several years with russia as a superpower, and recent evidence suggests it is. Lets get to the calculus of a brief today. Overnight, here is what we learned u. K. Retail sales increased for a third month in april and in japan, the central bank refrain from boosting stimulus. That is a good sign. They do not feel that they needed. Are you w...
June 20, 2024
Seabiscuit and the chinese products. Who arewith the people familiar with this. I love the story. This is the resurgence of the chinese and a private equity in china. We will see much more and do they want the crown jewels . Center. Is a sensitive itll be interesting to see what emerges from this. It is not clear whether they will make a bid, according to people there. They are examining it and they have had talks with their partners. Read is difficult to across for the United States and we have...
June 20, 2024
Inflation is going up. Expect a Quick Movement from the stopand the old plan to the reinvestment of materials is off of the table. Willare worried everyone overreact as if they wrote rate increase was imminent. They are just going to raise rates. Debate,e is a bit of a but the interest on excess reserves they will just leave the excess cash at the fed. They will taken cash from dealers, in exchange for lending securities from their portfolio, and keep them in trade. This is still a possibility. ...
June 20, 2024
This is the big interview of the day. We have some big interviews, bringing you and talking about Global Business of sport. There is a big event going on downstairs with some of the leading minds in the sporting world. Two of the top attendees will join the pulse today. One is the principle of the red bull formula one team. Hims chief executive called his ideal successor. This is the guy they could be running f1. Red bull has dominated the circuit in the past few years. We have seen changes to t...
June 20, 2024
Get bigger. Last week we were reporting it was only 3. 5 billion. They have set aside 1. 1 billion. I will give you more details about how this could affect the details. The stocks are down at the oment. Lets turn to luxury goods. Stocks are a little bit lower. Sales up 17 . I knew chief executive Christopher Bailey taking over the reins. The chief creative officer talking about japan gaming control. Gaining control also up makeup distribution. With fragrances, locking in the aspirational buyer ...
June 20, 2024
Big ambitions to be in the smartphone world. Chinas lenova. They now want to sell more than 100 million smartphones. Were going to ask whether catching up with apple and samsung is a challenge too far. Hello. It is midday in london. 7 00 a. M. In washington. 12 00 noon in jos in nigeria where the country is reeling from yet more terror attacks. The bodies of nearly 120 people have been recovered after twin bombings in the city on tuesday. Its feared that number will rise. And in the last few hou...