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BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

it's notjust vinyl records enjoying a replay. we find out why music fans are buying cds again. "i've got 127 million followers. "that would suggest that i am reasonably popular." the words of elon musk, until recently the world's richest person, in a call with investors late on wednesday. his electric car company, tesla, has reported record sales and profits. but its shares have lost two thirds of their value over the past year. some investors are suing him and others fear his high profile and controversial takeover of social nework twitter is damaging the company, as samira hussain ...

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

we start here in the uk, where as you have been hearing the pressure on prime minister liz truss is building after another day of political chaos. the exit of a key cabinet member, home secretary suella braverman, who delivered a blistering attack on her former boss in her resignation letter. then a huge row in the house of commons over a vote on fracking, seen as a test of loyalty to the prime minister. it saw the pound fall sharply on wednesday, wiping out all the gains made this week after liz truss replaced her chancellor and abandoned the tax cutting plans that had rattled the m...

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

welcome to the programme, packed with dairy delights. but we first must talk about twitter. will he — won't he? the question of whether elon musk would buy the social media network twitter. it has been a six—month roller coaster since mr musk first made his offer in the middle of april. having struck a deal soon after, in earlyjuly the worlds having struck a deal soon after, in earlyjuly the world's richest man revealed he'd changed his mind and intended to pull out of the deal. that sparked a legal battle over whether mr musk should be compelled to uphold his promise. now he say...

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

will be announced this morning by the energy regulator ofgem. this is the maximum amount companies can charge households for their energy use. the first rise saw prices to nearly £2000 and it could go up to £3000. average bills will hit £4650. let's hear from some people who are already struggling the heat their homes. #it # it takes a worried man to sing a worried song. we don't have the option _ sing a worried song. we don't have the option to _ sing a worried song. we don't have the option to turn - sing a worried song. we don't have the option to turn it - sing a worried song....

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

we start here in the uk, where the bank of england has raised the cost of borrowing to its highest level in 13 years. the quarter of a percentage point rise, to 1.25%, was less than some were expecting. but financial markets are now betting uk interest rates will have to rise a lot further from here, to get control over soaring inflation. the worry is, too steep a rise in borrowing costs could tip the economy into recession. and the warning signs are already there. our economics editor faisal islam reports. on faisal islam reports. the outskirts of doncaster, a on the outskirts of do...