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BBCNEWS World Business Report July 6, 2024

so lets now get down to business, and as youve been hearing, in the us, a report has just been released that looks at the deadly pull—out of afghanistan in august 2021 that ended americas longest war. the taliban swiftly took over control of the country. since then, the economic decline has been dramatic as most foreign aid was withdrawn. so, what is it like doing business there? rumi spice partners with farmers in western afghanistan to export saffron, the worlds most valuable spice...
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BBCNEWS World Business Report July 6, 2024

we begin today with samsung electronics. its forecasting a likely 96% plunge in first—quarter operating profits. in a preliminary earnings report, the worlds largest memory chip and tv manufacturer estimated its operating profit fell to $455 million for the first three months of the year. samsung electronics is going to release its full earnings later this month. katie silver sent this report from the bbc�*s asia business hub in singapore. in its preliminary estimates, samsung says...
Samsung Electronics Operating Profit Continuing Semiconductor Crisis Interest Rates Tadhg Enright World Business Report

BBCNEWS Talking Business July 6, 2024

major world economy. its also one of the major leading players in the group of emerging economies who are talking up the idea of a common trade currency to counter the dollar. so, could they become the trading block of the future? im going to be discussing all of that and more with these two. there they are. the man who first coined the phrase the brics, and a former central bank economist from brazil. also on the show, shining bright like a diamond. yeah, the shiny rocks have been one...
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BBCNEWS World Business Report July 6, 2024

department shows that 236,000 fi refox newjobs were created in the us in march — a very healthy figure, but showing a continued decline in the pace of newjob creation. it suggests that the economy is slowing down and the question on everyone�*s minds is what this data will mean to the us federal reserve when it makes its next decision about the interest rate in the us. heres our north america business correspondent, samira hussain. this reflects other data from the us, which sugges...
Interest Rates Job Creation World Business Report Tadhg Enright Labor Department Fi Refox Newjobs

BBCNEWS World Business Report July 6, 2024

lets get down to business. an australian firm — recharge industries — has come to the rescue and bought the battery maker britishvolt out of administration. the deal is expected to be announced shortly. britishvolt had plans to build a £4 billion gigafactory near the port of blyth in northumberland, but it ran out of money and collapsed last month. its downfall was blamed on a lack of battery experience, unproven technology, and therefore no customers oi’ revenue. the new owner ...
Bbc News Business Headlines Start Up Around The World Energy Price Cap Rishi Sunak Over The Northern Ireland

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MSNBC Morning Joe July 6, 2024

investigation into the january 6th committee. also ahead, ron desantis tries to debunk what he calls myths about his education policy, but his presentation of the facts seem to fall flat. well show you what happened. well have legal analysis on the dojs report on the louisville police department. a lot to get to. along with joe, willie and me, we have columnist and associate editor for "the washington post," david ignatius. for "usa today," susan page. and the host of "way too ea...
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CNN CNN Newsroom July 6, 2024

here in the cnn newsroom im fredricka whitfield in new york , and todays jobs report revealed a slight cool down in the labor market. employers added 236,000 jobs last month, the figure that missed economists expectations and sit significantly below the number we saw the last two months. the unemployment rate, meantime, dropped to 3.5% a new cnn poll found half of americans say their personal financial situation is worse than it was a year ago. and the president of the nations largest ...
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BBCNEWS World Business Report July 6, 2024

in the past hour we have just had an update on some important data. they show the worlds biggest economy is still growing but more slowly than first thought. the first three months of this year the us economy grew by 1.1% months of this year the us economy grew by1.1% and months of this year the us economy grew by 1.1% and that is on an annualised basis with consumer spending still remaining pretty strong but many analysts have been expecting todays figure to be closer to the 2% mark w...
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BBCNEWS World Business Report July 6, 2024

hello there. we begin in the us where, 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. shares in first republic plunged, as investors worry that it could be the next to fail. it follows the stunning collapse of two other specialist lenders, including silicon valley bank. samira hussain reports from new york. the collapse of two us banks have spooked investors who are ...
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BBCNEWS World Business Report July 6, 2024

11 of americas biggest financial institutions have agreed to a $30 billion bailout for first republic. shares in first republic bank plunged, as investors worry that it could be the next to fail. samira hussain reports from new york. the collapse of two us banks have spooked investors who are now left wondering which bank could be the next to fail. and that has been putting a ton of pressure on smaller regional banks. now, depositors at first republic have withdrawn billions of dollars...
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