Page 4 - Business Coverage News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Business coverage. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Business Coverage Today - Breaking & Trending Today

BBCNEWS World July 5, 2024

joins me now, head of autos and infrastructure at fitch solutions. good morning to you. so, this has literallyjust come out, hasn t it? what do you make of this plan? it hasn t it? what do you make of this plan? this plan? it really appears to be future this plan? it really appears to be future proofing this plan? it really appears to be future proofing the - this plan? it really appears to | be future proofing the industry for this shift to evs which is already the fastest growing segment in the market, and that brings with it big changes to the manufacturing side of the industry. we have been looking at something similar ourselves and what will be the megatrends in the industry to 2050 and one of those is automation because evs are particularly well suited by manner of having fewer parts to more automated manufacturing and it has an impact on the skill sets that are required for manufacturing. but notjust are required for manufacturing. but not just the are requi ....

Sally Bundock , Electric Industry , Car Industry , Business Stories , Car Makers , Trade Body , Plan An Industrial Strategy , Society Of Motor Manufacturers And Traders , Anna Marie Baisden , 110 Billion , 10 Billion , Literallyjust Come Out , Hasn T , Fitch Solutions , It Hasn T , Future Proofing , Skill Sets , Supply Chain , Plan Electric Industry , Big Electric Industry , Car Sector , Inflation Reduction Act , Ev Manufacturing Up , Trade Deal , Supply Chain Develoed , Supply Chain Developed ,

BBCNEWS World July 5, 2024

lower but to put that into context it was at zero in europe this time last year. and in the world s largest economy the us, the cost of borrowing is at 5% to 5.25%. but critics point out rising interest rates is a blunt tool that comes with its own set of dangers that can pose further risks to the economy. so what else can be done? well, central bankers are getting together today in portugal to chew over this challenge. joining me now isjennifer mckeown chief global economist at capital economics. good morning to you, jennifer. so it s a lovely location, portugal, you got christine lagarde there, andrew bailey, jerome powell among others, what do you think they will chew on? of course they re all increasing the cost of borrowering and in some places like the uk, so far it s having little effect. little effect. yeah, you re ri . ht. little effect. yeah, you re right. beautiful little effect. yeah, you re right. beautiful location, | little effect. yeah, you rel rig ....

Business Stories , Central Banks , Interest Rate , Rate Hikes , 5 25 , Interest Rates , Jennifer Mckeon , Capital Economics , Chief Global Economist , Isjennifer Mckeown , Christine Lagarde , Jerome Powell , Andrew Bailey , Line Up , You Rel Right , Energy Costs , Deputy Head , That S Right , Housing Market , Pension Funds , Banks T , Inflation Canjust , Wage Gains , It Mustn T , Doesn T Go Away , Inflation Problem ,

BBCNEWS World July 5, 2024

a month ago we learned it had fallen to 8.7%, but food price inflation was over twice that, hurting many consumers even harder. one pizzeria owner, sergio from brighton, has been telling the bbc how inflation has been affecting his business costs that he has to pass onto consumers. we noticed that, after the first lockdown, let s say the tomato went from £20 per case to 25, and today reached £39 per case. bags of flour from £20, £21 per bag now we paid £32 per bag. another thing that is affecting is the salaries, as well the wages went up. the minimum wage is growing year by year. and this year, i think was 9% more for the minimum. so everything is affecting the price of our pizza. that is a business meant sharing impact on him. now, another area where many british households are facing the pinch is in housing costs. one mp is warning a mortgage time bomb is about to explode with mortgage rates rising. for those who are renting, many pay more still with t ....

World Bank , Inflation Numbers , Business Stories , Sally Bundock , Bank Of England , Time Bomb , Pizzeria Owner , Food Price Inflation , 8 7 , Business Costs , Mortgage Rates , Sharing Impact , Housing Costs , Average Uk , Property Portal Zoopla , Tom Stevenson , At Fidelity , Doesn T , 8 4 , 8 5 , Jeremy Hunt , Continental Europe , Mortgage Payers , Chancellorjeremy Payers , Inflation Down , Hand Outs ,

BBCNEWS World July 5, 2024

and hot on the heels of antony blinken s visit to china. beijing will seek to improve its ties with europe. however, europe has also started to pull away from china to ensure it is not too reliant on their exports. still, there are strong economic ties between germany and china for the last seven years germany has been china s biggest trading partner in europe. so, what is at stake? i m joined by gregor sebastian economics analyst at the mercator institute for china studies based out of berlin. 0ne welcome to the programme. first of all, for the two leaders what do they want to achieve in the next few days? good morning. i mean, the first thing isjust that good morning. i mean, the first thing is just that the meeting is taking place, right? we have a radically different relationship between the two leaders now than we had in devious years. under angela merkel s meant the cabinets on the chinese and german sides had really constant and close relations and this is th ....

Chancellor Scholz , In Berlin , Lockheed Martin , Purchase Order , Low Cost Carrier , Airbus A320 Aircraft , Anuela China , Li Qiang , State Visit , Business Stories , Sally Bundock , Antony Blinken , Trading Partner , Mercator Institute For China Studies , Gregor Sebastian , Angela Merkel , Otherfor The First Time , Car Industry , Trade Relationships , Car Makers , Electric Vehicle , 0laf Scholz , Olaf Scholz , Market Access Issue , Microchip Plant , Giant Intel ,

BBCNEWS BBC July 6, 2024

gansu province. more than 250 other people have been injured in the 6.2 magnitude quake. rescuers are braving freezing weather with temperatures below 13c to search for survivors. the government has dispatched teams of rescue workers to assist local emergency crews. let s go live to our china correspondent, stephen mcdonell who is in beijing, what more can you tell us? a what more can you tell us? powerful, shallow earthquakes struck the plateau as before midnight, bringing down people s homes and killing 118 residents as they slept, of those we are told 105 people died in gansu province and 13 in neighbouring qinghai. the rescue effort started through the night into the early hours of the morning and has continued today in very difficult, freezing conditions. we are told that 11100 firefighters have been sent to assist in the rescue effort. we are getting footage of emergency tents being set up. you can imagine one of the terrible things when this sort of accident ....

Rescue Operation , Protecting Commerical Ships In The Red Sea , Houthi Rebels , Gaza War , Earthquake Activity , South Pole , Electric Car , Breaking News , Gansu Province , 6 2 , Stephen Mcdonell , Rescue Workers , Local Emergency Crews , Let S Go , Rescue Effort , Emergency Tents , Emergency Team , We Situation , Death Toll , Isn T It , Isn T , Emergency Shelters , Sniffer Dogs , Isn Tit , Rescue Teams , Bbc News ,