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BBCNEWS World Business Report July 7, 2024

hello, a very warm welcome to the programme. lets start here in the uk where, in a few hours from now, the next leader of the conservative party and the uk will be announced. we wont officially know who that is until 12:30 bst but we do know for sure that whomever takes the reins will have a monumental task, both economically and politically. rising inflation and the high energy prices will be at the forefront of voters๏ฟฝ* minds, while businesses will be keen to see stability and a co...
Business Headlines Bbc News Liz Truss Around The World Leadership Result Rishi Sunak Set

BBCNEWS BBC News July 7, 2024

we start with news that will have implications for europes energy supply this winter. the russian energy giant gazprom says it has found a new problem in its key gas pipeline to europe, which had been due to reopen on saturday. gazprom says its detected an oil leak in a turbine on the nord stream one pipeline, meaning it will remain closed for an indefinite period. the pipeline has already been completely shut for three days for what gazprom described as maintenance work. moscow denies...
Bbc News Around The World Nord Stream One Nuclear Watchdog Power Plant Half Voting

BBCNEWS BBC News July 7, 2024

hello and welcome to bbc news. after weeks of debate, voting has closed in the conservative party leadership race. after 2 months of campaigning, and 8 initial candidates whittled down to 2, well find out on monday whether liz truss or rishi sunak has been chosen by party members to be the next leader โ€” and so prime minister. heres our political correspondent ben wright: after a long, rancorous campaign, its now time to count the ballots. just 160,000 tory party members are picking t...
Bbc News Liz Truss Prime Minister Oil Leak Cressida Dick Energy Giant Gazpro

BBCNEWS World Business Report July 7, 2024

we begin with more on twitter and the latest security concerns. as youve been hearing, the companys former head of security alleges the social media giant has hidden negligent security practices, misled federal regulators about its safety, and failed to properly estimate the number of bots on its platform. twitter has denied the allegations saying they contain many inaccuracies and inconsistencies, but the revelations could have huge consequences for twitter, including possible fines a...
Bbc News Business Headlines Around The World Social Media Company Gaming Event Oil Prices

BBCNEWS World Business Report July 7, 2024

oil prices have risen before todays meeting of the cartel of oilโ€”producing nations, as ministers prepare to set targets for the summer, a time of what will be rising demand across europe and the us. this is their first meeting since the eu imposed sanctions on russian crude. the group is under pressure to exclude russia, the worlds third largest oil producer, from future producton quotas. it would be a move that could pave the way for saudi arabia and the uae to pump more oil. heres ...
Business Headlines Around The World Bbc News Output Targets Jubilee Sales New York

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BBCNEWS World July 2, 2024

billion of profit during the july to september period. if the results are in line with what analysts are expecting, that would be a drop of around 25% if not more compared to the same period last year. it is important to note that the oil prices are in a very different place than what they were last year. last year they were about 110 to $120 a barrel because of the russian ukrainian war which led to oil prices touching a record high, and that benefited producers like aramco immensely ...
Business Stories Sally Bundock Oil Prices Sameer Hashmi Middle East 32 Billion

BBCNEWS The Briefing December 8, 2017

Nasa has captured some incredible photos of the fire from space. 0nto the business pages of gulf news, another day and another record for cyptocurrency bitcoin, which has surpassed 16,000. It bounces up and down a lot. It has dropped 4 in the course of today. People are asking if it is a bubble. Finally, staying with bitcoin, bloomberg is looking at electricity consumption that Digital Currencies like bitcoin absorb. Giant farms of servers are needed to handle the massive transactions but has th...
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BBCNEWS The Briefing January 17, 2018

About the family in california. 13 children were allegedly being held captive by their parents. The parents are due to appear in court later this week, charged with torture and child endangerment. El pais says Catalan Parliament lawyers have dismissed the notion that separatist leader Carles Puigdemont can be sworn into parliament remotely. The Catalan Parliament is due to reconvene this morning. And finally the japan times touches on a story about a rather tricky exam question that baffled a bu...
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BBCNEWS The Briefing January 17, 2018

With the biggest gambling losses. A warm welcome to the programme, briefing you on all you need to know in global news, business and sport. And, as the likes of facebook, twitter, google are grilled about extreme content on their platforms, were asking how should these Companies Police the web, or should they be regulated . Join in the conversation, send your comments to hashtag bbc the briefing. The Catalan Parliament opens today for the First Time Since the regional separatist government was d...
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BBCNEWS The Briefing February 7, 2018

An adjustment to the new normal. The new normal being Interest Rates rising in the us. Credit becoming more expensive, which is especially bad for companies which have a high leverage. And the cheap money, the bond buying of the central banks, both in the us and in europe stopping. So we are getting off that drug called cheap money and low Interest Rates. Acres people at this point are thinking about where to put their money, the pension fund managers, the big fund managers, if Interest Rates in...
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