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BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

hello, a very warm welcome to the programme. let's start here in the uk where, in a few hours from now, the next leader of the conservative party and the uk will be announced. we won't officially know who that is until 12:30 bst but we do know for sure that whomever takes the reins will have a monumental task, both economically and politically. rising inflation and the high energy prices will be at the forefront of voters�* minds, while businesses will be keen to see stability and a commitment to economic growth going forward. our economics editor faisal islam has been looking at s...

BBCNEWS BBC News July 7, 2024 - Vimarsana News

BBCNEWS BBC News July 7, 2024

we start with news that will have implications for europe's energy supply this winter. the russian energy giant gazprom says it has found a new problem in its key gas pipeline to europe, which had been due to reopen on saturday. gazprom says it's detected an oil leak in a turbine on the nord stream one pipeline, meaning it will remain closed for an indefinite period. the pipeline has already been completely shut for three days for what gazprom described as maintenance work. moscow denies weaponising energy supplies in retaliation for western sanctions. russia's move to keep the nords...

BBCNEWS BBC News July 7, 2024 - Vimarsana News

BBCNEWS BBC News July 7, 2024

hello and welcome to bbc news. after weeks of debate, voting has closed in the conservative party leadership race. after 2 months of campaigning, and 8 initial candidates whittled down to 2, we'll find out on monday whether liz truss or rishi sunak has been chosen by party members to be the next leader — and so prime minister. here's our political correspondent ben wright: after a long, rancorous campaign, it's now time to count the ballots. just 160,000 tory party members are picking their next leader, the next prime minister. and the challenges facing them are huge. they were spe...

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

we begin with more on twitter and the latest security concerns. as you've been hearing, the company's former head of security alleges the social media giant has hidden negligent security practices, misled federal regulators about its safety, and failed to properly estimate the number of bots on its platform. twitter has denied the allegations saying they contain many inaccuracies and inconsistencies, but the revelations could have huge consequences for twitter, including possible fines and the potential unravelling of elon musk�*s bid to buy the company. joseph menn, from the washi...

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

oil prices have risen before today's meeting of the cartel of oil—producing nations, as ministers prepare to set targets for the summer, a time of what will be rising demand across europe and the us. this is their first meeting since the eu imposed sanctions on russian crude. the group is under pressure to exclude russia, the world's third largest oil producer, from future producton quotas. it would be a move that could pave the way for saudi arabia and the uae to pump more oil. here's our middle east business correspondent, sameer hashmi. opec plus is opec plus is expected opec pl...