Page 4 - Sameer Hashmi News Today

That company is the saudio oil giant saudi aramco, and its feeling the effects of lower oil prices, lower than expected demand from china, and thinner Profit Margins for refining oil. Between april and june, the company made a Profit Ofjust over 30 billion, lot of money by anyone� s metric, but significantly down from more than the 48 billion it made in the same period a year ago. The main reason is, as you can see here, that oil prices during the period were at the lowest point in the last ye...

Karachi to abbottabad. These are the latest pictures from the scene, in a remote area. Emergency workers are battling to rescue passengers trapped in at least five overturned carriages with more rescue teams deployed to the scene. An emergency has been declared in nearby hospitals including this one in nawabshah where casualties have been arriving. The Information Minister of sindh gave us more details about the crash. This train was going from karachi. And the accident happened in the between d...

Where president Volodymyr Zelensky says a russian guided bomb has hit a Blood Transfusion Centre in the north east, causing casualties. He says rescuers are at the scene in the town of kupiansk where there are dead and wounded. The reported strike came shortly after kyiv said missiles had hit a facility which manufactures engines for aircraft and helicopters in the countrys west. In a tweet, president zelensky said so far, theres been no comment from russia. Our ukraine correspondent, James Wate...

Killed after an express train derailed in southern pakistan. A Police Officer supervising the Rescue Operation said more than a hundred people had been injured in the incident. The Casualty Figure is expected to rise. The Hazara Express came off the rails near nawabshah in sindh province, as it travelled from karachi to abbottabad. Its not immediately clear what caused the derailment. These are the latest pictures from the scene, in a remote area. Emergency workers are battling to rescue passeng...

Hello and welcome. We start in ukraine, where president Volodymyr Zelensky says a russian guided bomb has hit a Blood Transfusion Centre he says rescuers are at the scene in the town of kupiansk where there are quote dead and wounded. The reported strike came shortly after kyiv said missiles had hit a facility which manufactures engines for aircraft and helicopters in the country s west. In a tweet, president zelensky said � this war crime alone says everything about russian aggression. Beasts...

Traders were also encouraged by new Inflation Data forjanuary that showed the smallest increase in goods and Services Prices for three years. That has added to bets that the Federal Reserve is on track to start cutting Interest Rates injune. Our north America Business correspondent Erin Delmore Reports from new york. All three of the major us Stock Indexes closed out february with a bang. The Tech Heavy Nasdaq Hit an all time high and it is the first time we have been able to say that since nove...

first it was saudi arabia which announced it was cutting its production by one million barrels per day from august. then russia said it was cutting its production by half a million barrels per day from august too. the cuts mean global supplies will be reduced by around 1.5%. lets go live now to our middle east business correspondent, sameer hashmi. it doesnt sound like a lot, 1.5%, but it could have big implications. explain how important these two players are. explain how important th...

commons. time for a look at the business news now. we start with the unfolding crisis in the red sea and concerns that the continued attacks on cargo ships by yemens houthi rebels will affect developing countries the hardest. thats the warning from the world trade organization. today the us has launched a fourth round of airstrikes against the rebels — the us military said it targeted missiles that could be intended for attacks on ships. as vessels divert to longer and more costly ro...

hearing from tata steel, which owns the steelworks in october, it is bad news for the thousands of people who work at that steel facility. we have just been told that tata steel plans to close both remaining blast furnaces at the steelworks and that could come at the cost of 3000 jobs. clearly something which will devastate the local community. stay with us on bbc news for more updates on that story. tata steel says they will close the remaining port talbot blast furnaces at the steelw...

wise ministers. this is probably the biggest delegation saudi arabia has a centre for the summit in the last so many years. this comes just two weeks after the chinese arab business, the 10th ofjune, in which we saw a huge chinese delegation coming in. both countries are looking at this as an opportunity to really deepen their economic push, which we have seen really flourishing, at least on the surface of the last few months. it president —— started with a presence she champagnes ...