Business stories. We start in saudi arabia as the Worlds Biggest Oil Company Aramco is set to announce its latest Half Year Results in the next half an hour or so. Last year, aramco netted record profits of over 160 billion, buoyed by soaring energy prices. But in may this year, they reported that profits dropped by nearly a fifth in the first three months of the year as the gloomy Global Outlook saw oil prices drop. To tackle this, saudi arabia has been cutting production to the tune of1 Million Barrels a day. They started in july and have now extended to september. The oil price has since been creeping up. Live now to our middle east Business Correspondent sameer hashmi. Sameer, nice to see you. 160 billion is so much money made in a year. What are they expected to say in the next half hour . Expected to say in the next half hour . Sally, ithink it is matching half hour . Sally, ithink it is matching up half hour . Sally, ithink it is matching up to half hour . Sally, ithink it is ma
Viewers joining us from All Around The World and to everyone streaming us on cnn max, im always with church just ahead. As ramadan begins in gaza, theres still no ceasefire between israel and hamas. What israels Prime Minister says about the possibility of Military Action in the Southern City of rafah. Questions about the wellbeing of the Princess Of Wales have started a new after this photo released by Kensington Palace was recalled by several media organizations cnn has new analysis of the closure that those groups say may have been manipulated. Plus, it was hollywoods biggest night and the results of the oscars are in, we will have more on the big winners and the memorable performances live from atlanta this is cnn newsroom with Rosemary Church good to have. You with us. Well, us President Joe Biden says the humanitarian crisis in gaza is quote front of mind in a statement marking the start of the holy muslim month of ramadan. Mr. Biden acknowledged the terrible suffering of the Pal
neil: dazed and confused. travelers demanding answers after 15,000 flights in the u.s. were cancelled or delayed over just the last two days. this is holiday travel is now in full swing ahead of the long july fourth weekend. getting out early may not be helping too much. we have fox team coverage for you. alex mcadams on what the transportation secretary is saying and rick reichmuth on how the weather could be wreaking havoc on this. welcome, everybody. i m neil cavuto. what do they say about weather ago crisis? that s what s going on right now alexis mc aadams with more. neil, i m the only one here smiling because nobody is happy. everybody we have talked to has been livid. you can see them on my shoulder waiting in line to talk with the united reps. only two working for a four-hour line. when they get up there, what do they find out? we can t book you until after the holiday. people are sleeping on the floor. take a listen. 48 hours, i guess. my flight was cancelled a
the film fair post oscars party, where the film everything everywhere all at the film everything everywhere all at once has won seven oscars all at once has won seven oscars all at once! the us government announces a rescue plan to support businesses affected by the collapse of the silicon valley bank. pressure grows in the uk for a similar offer. fears of major disruption as doctors in england are set to begin a seventy two hour strike over pay and conditions. the uk prime minister is in california to discuss defence and the potential threat from china with leaders of the us and australia. and hopes of a deal between gary lineker and the bbc in a row over impartiality which disrupted sports programmes over the weekend. hello and welcome to the programme. hollywood has celebrated the biggest night in movies at the oscars and the sci fi fantasy everything everywhere all at once has dominated the awards winning seven in total, including best picture and best director. it
the ripple effects from the collapse of silicon valley bank on friday are being felt accross the world. the us government has now said it will ensure all svb account holders will be able to retrieve any funds they have on monday morning. a statement by the us treasury and federal reserve said the plan will ensure the resilience of the broader us banking system. meanwhile in the uk, the government is warning that up to 200 british start ups and technology firms, are at risk, following the collapse of svb. its british arm, svb uk, has helped with financing for numerous technology and life sciences companies. but it s now feared they won t be able to pay wages or suppliers. the government is due to announce what their plan is to help these firms effected before the markets in london open this morning. here s our business correspondent, marc ashdown. at silicon valley bank we deal in innovation. it s the cool bank for cool customers. the uk arm serves 3500 of the brightest new te