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BBCNEWS World Business Report July 7, 2024

let s get down to business. we start with bp, as it s expected to reveal it made record profits in the second quarter. the rising price of oil has given the energy giant a significant boost. in fact bp chief executive, bernard looney, described the energy market last year as a cash machine. so let s take a look at its previous quarter, when bp made an operating profit of $8.2 billion. this, despite off loading its nearly 20% stake in russian controlled oil company rosneft. it also instigated a huge share buy back programme. last week, its rival shell reported second quarter profits of $11.5 billion, prompting a backlash in the uk with one trade union leader describing the soaring profits as an insult to households who are struggling with rising energy bills. let s talk this through, with andrew critchlow from s&p global commodity insights. hello to you, andrew. first of all, what are the numbers going to be like from bp? is it record breaking? i to be like from bp? is it re ....

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BBCNEWS BBC News July 7, 2024



should not continue. british airways halts sales of tickets on short haul flights from heathrow for a week as disruption for travellers continues. mps are calling for non surgical cosmetic procedures like botox and fillers to be better regulated. welcome to bbc news. the leader of al-qaeda, ayman al zawahiri, has been killed in an american drone strike in afghanistan. al zawahiri was one of the masterminds behind the september 11th attacks against the united states in 2001. after years of tracking him, the cia targeted him with two missiles from a drone flying above the afghan capital kabul, killing him instantly. announcing the strike, president biden said the killing would bring closure to families of the nearly 3,000 victims of the 9/11 attacks. it comes nearly a year after the us s chaotic withdrawal from afghanistan, as our washington correspondent nomia iqbal reports. after decades, america has killed one of its most wanted terrorists. my fellow americans, on satu ....

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BBCNEWS BBC News July 7, 2024

china warns the united states it will pay the price if us house speaker nancy pelosi visits taiwan during her asia trip. life support is expected to be withdrawn from 12 year old archie battersbee today, after court of appeal judges said his treatment should not continue. british airways halts sales of tickets on short haul flights from heathrow for a week as disruption for travellers continues. hello and welcome, whether you re watching in the uk or around the world. the leader of al-qaeda, ayman al zawahiri, has been killed in an american drone strike in afghanistan. al zawahiri was one of the masterminds behind the september 11th attacks against the united states in 2001. after years of tracking him, the cia targeted him with two missiles from a drone flying above the afghan capital, kabul, killing him instantly. announcing the strike, president biden said the killing would bring closure to families of the nearly 3,000 victims of the 9/11 attacks. the killing comes nearl ....

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BBCNEWS BBC News July 7, 2024

despite a chinese threat that america will pay the price for her visit. liz truss scraps a plan to link public sector pay to local living costs following a backlash from a number of senior conservatives. hello, welcome to bbc news. the energy company bp has reported its second highest quarterly profit in its history. between april and june it made £6.9 billion pounds in profit three times the figure for the same period last year. the company said its oil trading performance was exceptional, and that it expects to pay more than a billion pounds in uk tax this year. the profits come as domestic energy bills are predicted to hit more than £3,500 a year this winter. our business correspondent, caroline davies, reports. from fuel to cooking, lighting to showers rising energy prices bite into household budgets. but the same high oil and gas prices that mean consumers are paying more means that energy companies are also making more money. today, bp announced it has made its ....

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CNN New Day With John Berman and Brianna Keilar July 7, 2024



i m brianna keilar with john berman this morning. we begin with major news just in, president biden will officially be making a controversial trip to saudi arabia. what was really an open secret is now being confirmed by the white house. the middle east trip next month will include visits to israel as well as the west bank. the controversy surrounds what biden said as a candidate, he vowed it punish the kingdom and make the saudi crown prince a pariah for the assassination of journalist jamal khashoggi. arlette saenz live at the white house with this official announcement, arlette. what are they saying? reporter: well, john, those comments from president biden appear to be in the rear view mirror as he is now preparing to travel to saudi arabia next month. the white house saying this will be part of a broader trip to the middle east, spanning from july 13th to july 16th, starting with those stops in israel and the palestinian west bank. the president will then trave ....

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