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BBCNEWS BBC News July 6, 2024

hello, i m sumi somaskanda. we start here in the us where fox news network has reached a last minute settlement, in a defamation case brought against it by a voting machine company. the case is linked to claims that the 2020 us presidential election was rigged against donald trump. (gfx)fox news election was rigged against donald trump. fox news agreed to pay dominion $787.5 million. with the settlement, fox will avoid a high profile trial. dominion voting systems sued fox news for $1.6 billion so they actually settled for lesss than half of what they were asking for. let s remind you of the background to all of this. this all came about because dominion claimed that their reputation was damaged after fox knowingly spread lies about its voting machines after the 2020 us election. they were repeating claims by then president donald trump who had falsely claimed that dominion voting machines rigged the election to favour winner joe biden. dominion said fox hosts amplif ....

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BBCNEWS BBC News July 6, 2024

the biden administration approves a controversial oil drilling project in alaska despite fierce opposition from environmentalists no losses will be borne by the taxpayers. the money would come from the fees the bank pays in the deposit insurance fund. junior doctors in england begin three days of strike action in their dispute over pay and conditions and at the academy awards, one film wins almost everything all at once, including best actress the uk s prime minister rishi sunak says china represents a challenge to world order, as it has fundamentally different values. the remark has come ahead of major talks on a defence agreemtment between the us, uk and australia, due to get under way in san diego shortly. here are pictures of president biden that move is seen as an attempt to counter chinese military power in the indo pacfic region. the discussions come as the uk also way in san diego shortly. here are pictures of president biden leaving andrews airbase for ....

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BBCNEWS World Business Report July 6, 2024

slower demand for consumer goods, rising borrowing costs and constant talk of a global recession, have not gone unnoticed by the manufacturing sector, which is currently experiencing acute challenges balancing supply and avoiding over production. january data from many of the world s key economies will be unveiled later giving the earliest signs of how the global economy is faring. many economists will be looking for risks of recession and any pricing trends. fhaheen khan is senior economist with make uk the manufacturers organisation that represents 20,000 companies of all sizes. good to have you on the programme. wejust heard good to have you on the programme. we just heard from japan and you said many countries are coming out with pmi data say showing that the manufacturing shrank for a third row that make months in a row injapan. export third row that make months in a row in japan. export weakness is seen as persistent at the moment and that is the concern, isn t it ....

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BBCNEWS World Business Report July 7, 2024

let s get down to business now. in just a few hours, the federal reserve america s central bank will make a decision on interest rates. it s pretty clear the cost of borrowing will go up but the question is, byjust how much. our north america business correspondent samira hussain reports from new york in the united states the cost of living has hit the highest level in more than a0 years. everything is more expensive. in the last year, the cost of food and vegetables is of more than 8%. today, £1 of beef is $5. last year it was $a.a0. the price of petrol has skyrocketed by 60%. and this is not a uniquely american problem. great prices are soaring around the world. the federal reserve, like other central banks is raising rates to curb inflation. here on wall street most people believe the policymakers will raise by .75%. but there are those believe the fed may adopt a more aggressive policy and raise the rates by a full percentage point. such is the urgency of combating r ....

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BBCNEWS Newsday July 7, 2024

profile after his defeat in brazil s presidential election. police in india arrest nine people in connection with the collapse of a bridge in gujarat in which at least 140 people died. also in the programme: an important date in the us political calendar approaches we ll assess the current political mood. the the current political mood. week to until the us mid term the week to until the us mid term elections, i am laura trevalyan in the battleground state of pennsylvania, reporting from scranton, the hometown of presidentjoe biden. live from our studio in singapore, this is bbc news. it s newsday. welcome to bbc news, broadcasting to viewers in the uk, on pbs and around the world. we begin in ukraine where the government there says power and water supplies across the country have been badly hit after russia launched a wave of missile attacks across the country. in the capital kyiv the mayor says 4 out of 5 people have been without running water. ukraine says russia ....

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