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BBCNEWS World Business Report June 4, 2024 13:37:00

Market. elon musk was there to talk to the foreign minister of china and of other government officials to recommit his desire to be doing business in china. he is going to open up that factory in shanghai. he made it a point to say that, look, chinese and us economies are interlinked. they are dependent and therefore this idea of decoupling just wouldn t work and he doesn t support that, he thinks it is really important to have both economies functioning in that way. important to have both economies functioning in that way. there might be olitical functioning in that way. there might be political hurdle functioning in that way. there might be political hurdle is functioning in that way. there might be political hurdle is overcome - functioning in that way. there might be political hurdle is overcome and. be political hurdle is overcome and objections on either side about doing business but the reality, the economic reality, these two big economies need each other? yes. economic re ....

Elon Musk , Government Officials , Foreign Minister , United States , Each Other , International Business ,

BBCNEWS Verified Live June 4, 2024 15:47:00

Of the us and china are intertwined. they are pushing against this idea of decoupling the economies that without, you need to successful companies to have global growth, without those two itjust companies to have global growth, without those two it just won t work. the chairman of asda has warned of unintended consequences if supermarkets are asked to cap the price of basic food items in the uk. stuart rose said that any such move could be counterproductive . his comments came as supermarket giant asda agreed to buy the uk and ireland business of petrol station giant eg group for £2.2 billion in a deal that will see asda step up its involvement in the convenience food market. bbc business correspondent emma simpson spoke with stuart rose earlier today and asked him what the deal will mean for shoppers. ....

Stuart Rose , Unintended Consequences , Food Items , Northern Ireland , Petrol Station Giant , Bbc News , Emma Simpson , Convenience Food Market , Step Up , 2 Billion , 2 Billion ,

BBCNEWS Talking Business June 4, 2024 16:37:00

The world bank says that this is actually going to help and grow the moroccan economy. just briefly explain that. the energy transition in morocco effectively involves a shift from heavy reliance on imported fossil fuels towards renewable energy and therefore decoupling from this very heavy volatility of the prices of fossil fuels, so this is the first benefit. secondly, the world bank, we did a study of climate development report and we estimated energy transition would generate at least 28,000 newjobs on a net basis per year which is about 9% ....

Energy Transition , World Bank , Gaia Energy , Fossil Fuels , Climate Development Report ,

BBCNEWS Talking Business June 4, 2024 10:37:00

The enormous costs that are involved in moving to a low carbon economy the world bank says this is actually going to help and grow the moroccan economy. just briefly explain that. the energy transition in morocco effectively involves a shift from heavy reliance on imported fossil fuels to renewable energy and therefore decoupling from this very heavy volatility of the prices of fossil fuels so this is the first benefit. secondly, the world bank we did a study of climate developed dell might develop we estimated energy transition would generate at least 28,000 newjobs on a net basis per year which is about per year ....

The World Bank , Carbon Economy , Energy Transition , Fossil Fuels ,