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BBCNEWS Business Briefing July 13, 2024 - Vimarsana News

BBCNEWS Business Briefing July 13, 2024

We start with japanese conglomerate softbank which is well known around the world as a savvy investment giant. But its reputation for making winning bets on start ups has taken a knock with the near collapse of the the shared working company wework. Softbank was forced to provide an embarassing bailout and is expected to announce stricter measures on founders when it reveals its latest Financial Results shortly. Vivienne nunis reports from new york on softbanks latest challenge. From hot property to a humiliating bailout. Office sharing firm wework faced a cash crunch until softbank came to th...

CNBC Squawk Box July 13, 2024 - Vimarsana News

CNBC Squawk Box July 13, 2024

Wednesday. Closing the day up by 123 points still on track for major indices to see the third week in a row looking at dow futures s p 500 down by 10, nasdaq down by 25. What happened . Stocks took a dive it was more a product of the percentages were going up for powell to have another cut all but factored in. Bad news has become good news. Good news has become good news if you look at the december percentage cut, it doubled 30 to 60 . October, yes december, yes. Sort of. The market took that as a positive well see what happens today the jobs report is the all important one that hits in 2. 5 h...

BBCNEWS BBC Business Live July 14, 2024 - Vimarsana News

BBCNEWS BBC Business Live July 14, 2024

European markets looking like this are to be open. We will get an expert view on what is moving the number is lower and why. And well be getting the inside track on a hot weather treat ice lollies. But while youre enjoying the treat, what happens to the wrapper . Today we want to know some cash starved churches are turning into Co Working Spaces. Is this a good idea . Should sacred spaces become offices . Let us know just use the hashtag bbcbizlive. Welcome to the programme. We start in italy, where the deadline for Political Parties to form a new government is now just hours away. If they fai...

BBCNEWS Asia Business Report July 14, 2024 - Vimarsana News

BBCNEWS Asia Business Report July 14, 2024

We have a lot more on our website and you can also download the bbc news app. But now lets head to singapore and join rico his own for the Asia Business report. To the right, 328, to the left, 321. Ano to the right, 328, to the left, 321. A no deal exit opponents defeat the government and the pound gains on the news. Ahead of the stock market debut of wework we speak to their indian boss. Good morning, asia hello, world. Is wednesday, thank you forjoining us for another exciting addition of Asia Business report. Lets begin with brexit because borisjohnson has suffered a major defeat in parliam...

BBCNEWS Business Briefing July 14, 2024 - Vimarsana News

BBCNEWS Business Briefing July 14, 2024

Giving mps more clout to prevent a no deal exit from the eu, that bill will be voted on later today. Thats led the pm to push for a snap election all this uncertainty hitting Global Investors and currency traders. Let me talk you through some of the impact it has had. Yesterday, the pound fell to below 1. 20 against the dollar, its lowest level in three years. As you can see here, the pound was trading at about 1. 50 before the Eu Referendum in june 2016. Sterling has lost nearly 20 of its value since britain voted to leave the referendum. Data from the office for National Statistics show the ...