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BBCNEWS Asia Business Report July 6, 2024 - Vimarsana News

BBCNEWS Asia Business Report July 6, 2024

alphabet and meta. and microsoft samsung and intel. the technology sector has been —— enjoyed rapid growth during the pandemic but now they are operating in a high interest rate environment. they have also been cost—cutting measures. meta, for example, has had to announce that this month it will cut 10,000 more jobs and that is on top of the 11,000 that the company let go last november. danzig is a deputy chief investment officer at richard burnside advisors and he now says that he is not optimistic about technology stocks in the united states. i don't really see any reason to ...

BBCNEWS Talking Business Asia July 6, 2024 - Vimarsana News

BBCNEWS Talking Business Asia July 6, 2024

Family members say they were not permitted to meet the men before they were killed. President Volodymyr Zelensky welcomes the announcement of the us supplying ukraine with Armoured Fighting Vehicles for the first time. Meanwhile, russias unilateral ceasefire appears to have had little effect on the front line. Youre watching bbc news. Now, its time for talking business. A hundred years ago, oil was the most sought after commodity. Today, its these chips that run the world. They provide the Processing Power for everything we use, from smartphones to aircraft and cars to microwaves. But the figh...

BBCNEWS Talking Business Asia July 6, 2024 - Vimarsana News

BBCNEWS Talking Business Asia July 6, 2024

offer of a truce, now ended, was deceitful. he said peace in ukraine would only be restored when russian forces were expelled. kevin mccarthy has been sworn in as speaker of the us house of representatives, after 15 rounds of voting. a small group of republican rebels had derailed each previous attempt. the new speaker says it was the influence of former president trump that helped him secure the position. iran has been widely condemned after executing two more anti—government protesters. mohammad mahdi karami and seyed mohammad hosseini had appealed against their sentences for kil...

BBCNEWS Talking Business Asia July 6, 2024 - Vimarsana News

BBCNEWS Talking Business Asia July 6, 2024

family members say they were not permitted to meet the men before they were killed. president volodymyr zelensky welcomes the announcement of the us supplying ukraine with armoured fighting vehicles for the first time. meanwhile, russia's unilateral ceasefire appears to have had little effect on the front line. you're watching bbc news. now, it's time for talking business. a hundred years ago, oil was the most sought after commodity. today, it's these chips that run the world. they provide the processing power for everything we use, from smartphones to aircraft and cars to microwaves...

BBCNEWS The Papers July 6, 2024 - Vimarsana News

BBCNEWS The Papers July 6, 2024

well, the us chips act is helping level the playing field. over the course of the last couple of decades, a lot of the manufacturing of silicon moved to asia because of the incentives provided by the governments here, and now us chips act is able to bridge the cost gap that exists in production in the us versus asia. so us chips act will provide the necessary grants and the investment tax credits to enable more manufacturing in the us. yeah, i'm glad you mentioned cost, because there's a reason that the supply chains move to asia in the first place, isn't there? are you confident tha...