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BBCNEWS World Business Report July 6, 2024

to get it breathing fire again? and, spreading the love. why showing your staff some appreciation is notjust good manners, but good business. we start here in london, where the outlook for the city as a financial centre is, according to some, looking murky. in the last few hours one of the uk s most successful tech companies, chip designer arm, has confirmed it will list its shares in new york instead of london, despite intensive lobbying by the uk government. it s the latest blow for the city, after the world s biggest construction materials company crh told investors on thursday that it s moving its stock market listing away from london and heading to new york. they are far from alone. plumbing giant ferguson left the ftse 100 last year and moved to wall street, and gambling group flutter also says it s considering doing the same. the size of the london stock market has been shrinking in recent years. at its peak in 2007 the value of shares listed in london was $4.3 trillio ....

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BBCNEWS BBC News July 6, 2024



we want it? now! more strike action is announced by ambulance workers in england, wales and northern ireland one of the dates will coincide with a strike by nurses. the family of 17 year old yousef makki, who was fatally stabbed, win their fight to have a fresh inquest into his death. a surprise fall in the amount spent by shoppers in december, as people cut back on their christmas spending. #it # it would be, it would be so nice. and fans are paying up to £1,300 to see madonna on her career spanning greatest hits tour. good afternoon and welcome to the bbc news channel. ukraine s western allies have failed to reach a consensus on the provision of battle tanks to kyiv. more than 50 countries have been meeting at the us air base in germany. neitherthe meeting at the us air base in germany. neither the us or germany have decided to deliver their respective advanced tanks, which was one of kyiv s main demands. earlier today, volodymyr zelensky appeared via video link to ....

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BBCNEWS World Business Report July 6, 2024



slower demand for consumer goods, rising borrowing costs and constant talk of a global recession, have not gone unnoticed by the manufacturing sector, which is currently experiencing acute challenges balancing supply and avoiding over production. january data from many of the world s key economies will be unveiled later giving the earliest signs of how the global economy is faring. many economists will be looking for risks of recession and any pricing trends. fhaheen khan is senior economist with make uk the manufacturers organisation that represents 20,000 companies of all sizes. good to have you on the programme. wejust heard good to have you on the programme. we just heard from japan and you said many countries are coming out with pmi data say showing that the manufacturing shrank for a third row that make months in a row injapan. export third row that make months in a row in japan. export weakness is seen as persistent at the moment and that is the concern, isn t it ....

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BBCNEWS Talking Business July 6, 2024



also on the show, as global leaders meet in egypt for the cop27 summit on the environment, what are the stakes for one of the most beautiful places on earth? i m going to be asking the big boss of the caribbean development bank, dr gene leon. wherever you rejoining me from around the world, a power grab at the top of china s communist party has big consequences for the global economy. yet with war raging in europe, a cost of living crisis, surging interest rates and a global energy crisis, china s president xijinping s consolidation of power at the communist party s 20th congress could easily get a bit lost amidst the noise. but china s critical place in the global supply chain, in world politics, in manufacturing and exporting and its growing power as a consumer and tourist powerhouse means that these changes are incredibly significant for the way the world s economy is going to develop in the next few years. so with the benefit of a few weeks perspective, let sjust t ....

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BBCNEWS HARDtalk July 6, 2024



is the director general of the wto, ngozi okonjo iweala. will rising geopolitical tensions lead to the weaponisation of trade? ngozi okonjo iweala, welcome to hardtalk. thank you, stephen. now, you are one of the world s key advocates of ever freer trade, more globalisation. what s it like to be doing yourjob when the political tide across the world is running against you? the wto s purpose, the world trade organization, is. its purpose is to enhance living standards, to help create employment and to support sustainable development. there could be nothing more worthy than that. so, it s supposed to deliver for people. and that s what i want people to know about it, therefore. nobody could quarrel with those objectives and that sentiment, but the truth is you are a membership organisation with 160 plus members. you have clearly key members like the united states and china, and you can only work if there is an element of trust, of co operation, of a desire for common obje ....

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