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July 16, 2024
The tech giants in the us are dominating the business agenda today. Jeff bezos is stepping down as amazons Chief Executive. The Online Retail giants founder will move to become the compa ny� s executive chairman. He will be replaced as ceo by andy jassy, the current boss of amazons Cloud Computing business. And this comes as the firm reported 386 billion in sales in 2020, thats up 38 on the year before. Their profits almost doubled, rising to 21. 3 billion. So whats been the reaction to the ne...
July 7, 2024
Great surprise. I dont think it is a deliberate attempt to the rescue. It is simply that kherson has been shelled all these months. The situation clearly in the city is critical, there are some parts of it which are a lot worse than the pictures that you are looking at now. I have seen scenes from an area where the dnipro and kakhovka rivers join, which are basically underwater, the water has reached rooftop levels, so there are neighbourhoods of kherson that are completely submerged. And that v...
July 7, 2024
in the uk are at an all—time high as country. its lowest ever now we have the round—up of the business news and one of those headline stories you are concentrating on. welcome to the programme. yes, on course for stronger than expected recovery. that is the assessment from the international monetary fund on the state of the global economy in its latest world economic outlook update. the imf predicts that global growth of 3.1% this year and slightly higher growth in 2025. it also sa...
July 7, 2024
walked out in protest over arrangements was created to trade barriers between northern ireland and the rest of the uk. its not clear what exactly is in the deal but it wont reverse the basic settlement between the uk and the eu. lets go straight to stormont and our island correspondencejohn campbell. we were listening a few moments ago tojeffrey donaldson, is it becoming clear how soon power—sharing could be up and running? power-sharing could be up and runnina ? , . ., . , power-sha...
July 7, 2024
to balance the books. plus, with the cost of living soaring around the world, global debt has hit a record $300 trillion. so well hear from the boss of europes leading debt collection agency about how it balances the need to recover cash for its clients with peoples ability to pay. wherever yourejoining me from around the world. once again, a big hello and a warm welcome to the show. getting old is something that happens to all of us. butjust how are we as individuals and as a society ...
July 7, 2024
hello everybody. a very warm welcome to talking business weekly. lets take a look at what is on the show. can we really afford to get old? ageing populations mean a rise in pensions and health care costs but, with government struggling for cash, who is going to pay? it is the problem at the heart of this years protests with other countries facing similar challenges. well living standards need to step can change keep us comfortable in our senior years? i am going to discuss all of this ...
July 7, 2024
great surprise. i dont think it is a deliberate attempt to the rescue. it is simply that kherson has been shelled all these months. the situation clearly in the city is critical, there are some parts of it which are a lot worse than the pictures that you are looking at now. i have seen scenes from an area where the dnipro and kakhovka rivers join, which are basically underwater, the water has reached rooftop levels, so there are neighbourhoods of kherson that are completely submerged. ...
July 7, 2024
success — welcome to the programme. in the us, just hours to go until donald trumps controversial immigration legislation title 42 expires. the us homeland security secretary says their borders are not open and warns of tougher consequences for those who try to cross illegally. well look at what will it mean for people waiting to cross the us—mexico border. also in the programme. the uk is to supply ukraine with long range cruise missiles to help push back russian forces. well look...
July 7, 2024
protection in the united states, while it seeks buyers for its assets. thats hot on the heels of its subsidiary silicon valley bank being taken over by us regulators — and the british arm of the same bank being bought by hsbc. separately, in an extraordinary move to contain panic in the banking system, 11 of americas biggest financial institutions have agreed to a $30—billion bailout for first republic, a regional us bank based in san francisco. heres samira hussain in new york. go...
July 7, 2024
high inflation continues to plague countries around the world. central bankers are trying slow down the price increases. asa as a result, we have some of the weakest growth projections by the international monetary fund since the 1990s. international monetary fund since the 19905. with the international monetary fund since the 1990s. with the worlds finance ministers and central bankers meeting in washington this week, the increasingly fragile global economy will certainly be the focus...