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BBCNEWS World Business Report July 6, 2024

let s start in the us, where there is growing footsteps. 0k. let s get started, shall we? the cameras do not want to play ball but i can walk back to this position. let s start in the us, where there is growing nervousness in financial markets over the possibility the us could default on its debt. a stand off in congress over plans to lift the federal debt ceiling which is currently at an eye watering $31.4 trillion has led to the cost of buying insurance against a us government default has moved to its highest level in more than a decade this month. so, later today, the republican speaker of the house kevin mccarthy will give a speech at the new york stock exchange, where he s expected to lay out the conditions republicans want democrats to agree to in exchange for movement on the debt ceiling. it sounds like a stand off. scott anderson is chief economist at bank of the west in san francisco. welcome to the programme. what will kevin mccarthy say? what is he goin ....

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BBCNEWS World Business Report July 6, 2024

by dominion voting systems against fox news and its parent company would start on tuesday. the lawsuit alleges the broadcaster damaged the reputation of dominion by repeatedly airing lies about its vote counting machines and election fraud in the 2020 us presidential election. laurie laird is a us business journalist. why is this happening? i why is this happening? i think the fact that these why is this happening? i think the fact that these claims why is this happening? i think the fact that these claims of - why is this happening? i think the fact that these claims of a - fact that these claims of a potential settlement that were reported in the well streetjournal, a murdoch owned operation, i think that gives us some sense of the nature of these reports. whether the two sides can come to the settlement is a very open question. i m surprised that this thing it came this close to getting into a courtroom. dominion a comedy voting system, is trying to prove deforma ....

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BBCNEWS World Business Report July 6, 2024

million. hello and welcome a long, this is world business report, i m ben thompson. starting in the us where one of the most closely watched media trials in decades has been delayed. ajudge in delaware announced late on sunday that the $1.6 billion defamation trial by dominion voting systems against fox news and its parent company would start on tuesday instead. that has now been confirmed. the lawsuit alleges that the broadcast of the reputation of dominion by repeatedly airing lies about its vote counting machines and election fraud in the 2020 us presidential election. let s cross live to wilmington where michelle fleury is in delaware where the trial was due to start. we say was due to start, lots of people keeping a very close eye on this but they will have to wait possibly a bit longer. this is very high stakes media trial, people are calling this one of the biggest media trials in decades. judge erick davis just convened the court right now to explain the delay. ....

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BBCNEWS Asia Business Report July 6, 2024

looking into the story and joins me. great to get you on the show. what is on the agenda could it s a three day meeting, as you mentioned in a resort town about two hours from tokyo. it s a meeting about the foreign ministers of the g7 nations. last night, at a dinner, we saw the video link committee eu s top foreign policy official, high representative address the g7 foreign ministries and he said that when it comes to china and its relationship going forward, china needs to decide how it wants to be seen and china needs to decide how it wants to be seen wants to be seen and how it wants to be seen and how it wants to wants to be seen and how it wants to continue wants to be seen and how it wants to continue to - wants to be seen and how it| wants to continue to interact with the international community. he said that china is a partner, a competitor, a strategic rival, and as it navigates going forward, particularly surrounding taiwan, that impact its relationship ....

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BBCNEWS World Business Report June 4, 2024 04:39:00

Latest trend. and brands are turning to technology to deliver. the world s largest cosmetics company is investing heavily in apps and gadgets and asia is proving to be a fertile testing ground. testing ground. this is a reuion testing ground. this is a region that testing ground. this is a region that 3 testing ground. this is a region that 3 million i testing ground. this is a - region that 3 million consumers have a very young if you look at benzey, 1.6 million people in this part of the world, these consumers are hyper protected, very digital, becoming more affluent and tend to spend more on beauty products gen z. to spend more on beauty products gen 2.- to spend more on beauty products gen z. many of the tools available products gen z. many of the tools available on products gen z. many of the tools available on the products gen z. many of the tools available on the market i tools available on the market rely on artificial intelligence or augmented reality. ....

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