Page 6 - Easyjet News Today : Breaking News, Live Updates & Top Stories | Vimarsana

like shareholdings and some other subsidiary companies, those assets are very readily accessible. the issue is that most of the company's assets are onshore in mainland china, they are land, properties — the company had 1,200 projects at different stages of development as of 2022. but those assets are going to be tricky to access. in theory, hong kong and mainland have a 2021 arrangement for resolving insolvent companies like evergrande, but in practice what needs to happen is mainland courts will need to recognise this liquidation, but they also need co—operation from local gove...

hello, i'm sally bundock, here with your top business stories. let's start with oil, because crude prices have risen some 2% after saudi arabia and opec plus countries announced they would be cutting production to stabilise oil prices. saudi arabia said it would make cuts of one million barrels per day injuly, which is around 1% of global supplies. opec plus countries — which account for around a0 % of the world's crude oil — said they would cut production by some 1.4 million barrels per day from the start of next year. but not all members of the cartel were happy, with nigeria a...

fascinating snapshot of business. we will start with the economy, where it recorded a growth of 0.01%. they fell by 0.8%, underscoring the impact of the ongoing strikes on the cost of living crisis. hardly booming, but a far cry from the record—breaking recession that the bank of england was protecting six months ago. on thursday, they announce a major rethink of its forecast, said the uk will avoid going into recession. the bank also raised its main interest rate again by .25%, but is why it sets. it is the 12th right in a row and puts the cost of borrowing at around a 15 year hig...

we've been talking a lot about artificial intelligence today because dr geoffrey hinton, the man widely seen as the �*godfather of artificial intelligence' has quit his job at google, warning of the dangers of ai. he's worried that al technology will flood the internet with misinformation. well, to look at some of the applications of ai in a bit more detail, courtney bembridge joins us from the newsroom. there are so many ways that al is set to change our lives. i wanted to have a look at some of the other applications. this piece in the guardian talking about noninvasive mind read...

we begin with the airline industry and hope for staff at the collapsed airline flybe. ryanair and easyjet say they are happy to snap them up. easyjet says it has 250 vacancies for cabin crew, ryanair says it has vacancies in all categories, including pilots, engineers and ground staff. flybe went into administration on saturday putting 277 staff out of work. in about 25 minutes we'll be getting ryanair�*s third quarter results which are expected to be strong due to pent—up travel demand. joining me now isjohn strickland, airline analyst atjls consulting. good morning, lovely to s...