Oil Edging News Today

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stories and we started in the us. congressional leaders are due to meet with president biden for emergency talks on how to deal with the debt ceiling. reports are coming in the treasury secretary janet yellen has been personally calling chief executives to warn them of the dire consequences a default could have on the us and the global economy. so how did washington get here? samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis, i...

we start with the latest market action and as the trading day began in asia the pound started to slide — down nearly 5% at one point against the us dollar — thats on top of the 3.6% dive on friday. investors are running for the exits as fears mount the new governments "shock and awe" tax plans for the uk economy are too big a gamble. on friday the chancellor, kwasi kwarteng, announced historic tax cuts, and the biggest increase in borrowing since 1972 to pay for them. there is now ...

Debt crisis in greece is back in focus. Well tell you all you need to know. And well be getting the inside track on one mans effort to make musical millions. It might look like a kids toy, but with some of the biggest names in music want to get their hands on it, we meet the man behind the lightblock pad. So today we want to know, what was your first Musical Instrument . Did you learn at school . Let us know. Just use the hashtag bbcbizlive. Welcome to Business Live. Violin. It was good, bad and...

South korean prosecutors say theyre seeking a warrant for the arrest of the countrys former president. Park geun hye, who was impeached earlier this month, is accused of bribery, abusing her president ial power and leaking government secrets. Now for the latest Financial News with and World Business report. Extending the cuts to oil production. Major Oil Countries consider a plan in a bid to boost sagging prices. And first day in the office for hong kongs new leader, carrie lam. Well be looking ...

With just hours to go before article 50 is triggered we find out how prepared businesses are for this seismic change. And back in the race, samsung gears up to show off its latest smartphone, but can it regain Consumers Trust after its massive recall last year . Im sally bundock. Also in the programme, well be finding out how exporters are getting ready ahead of the uk breaking away from the worlds biggest trading bloc. Today is the day. After nine months of anticipation the uk is set to become ...

Industry is growing at a healthy pace, the transaction payment volume for paypal is lower, the net revenue is even lower, the net revenue is even lower than that and that is the problem with most of the players in the space. interesting, thank you. lets have a quick look at how this is playing out on the markets and how the asian markets are faring today. youre waiting for some earnings reports to come out. japan was 1%, yesterday down a similar amount. what i want you to note is the price of oi...

Is trading now. it has been hovering around just over $1.05 but one hour ago we were looking at the pound buying $1.03 so it has recovered a tiny bit but not much and you can see that the markets in asia are fairly mixed and we have the price of oil edging lower as well. joining me now is simon french, chief economist at panmure gordon. is at panmure gordon. this what you expected today is this what you expected today in asian trading time? i’m in asian trading time? im afraid it — in asian ...