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BBCNEWS World July 5, 2024



if you have joined if you havejoined us, you are welcome and we are looking at the top business stories. we start here in the uk, where there is some relief for millions of people facing soaring housing costs. lenders have started the new year by slashing the cost of mortgages as financial markets bet the bank of england will soon begin to cut interest rates from their 15 year high. from today banking giant hsbc becomes the first major lender to bring back mortgages below 4% since last march. it comes as rival halifax slashed almost a percentage point off some of its mortgage rates this week. and it s raised hopes of a price war between banks. hsbc is offering a five year fixed rate mortgage at 3.94%. it s only available to people remortgaging their home not to first time buyers. but it s far below rates of almost 6.5% that borrowers were facing just a few months ago. and it will be a welcome development for many uk households as our cost of living correspondent kevin ....

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BBCNEWS World July 5, 2024

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 and angola both wanting to raise production rather than cut it. joining me now from vienna is cornelia meyer, who s the ceo of meyer resources. always lovely to see you. talk to us about these announcements. were you expecting these new cuts to come? i expecting these new cuts to come? . , , . ., come? i was expecting them and ou come? i was expecting them and you know. come? i was expecting them and ....

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BBCNEWS Asia July 5, 2024



more now from new york with samira hussain. in these latest charges, the sec said coinbase acted as a broker, exchange and clearing agency for investments that are subject to sec rules but they did so without properly registering, and that, the regulator said, allowed the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise. as a publicly traded companyit disclosed in march of this year that the sec had notified it that these charges may be coming. in response, coinbase said the rules were not clear. testifying on capitol hill tuesday the chief legal officer for coinbase said it try to get new rules in place for crypto platforms like theirs, but got no response from the sec. since that time, we have had over 30 engagements with the sec to try to work towards a sensible framework for regulation that would allow, for example, the registration of platforms as either broker dealers or atss, or a national ....

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CNNW Anderson July 5, 2024



with israeli officials saying there s no timetable for slowing the pounding of gaza, a cabinet member comes to washington where pressure is growing and it soon. also, does he think it s festivals? the former president airs his grievances, makes a list and tells the people on it what to do and where to do it plus alexei navalny fear death, he resurfaces bringing a christmas message of courage, hope, and yes, good cheer from one of the coldest corners. good evening, everyone. we begin with u.s. officials trying to steer israel toward a less intensive, less destructive phase of its campaign in gaza and israeli officials signaling they are in no hurry. one of the officials is in washington tonight, we will have the latest on those meetings which wrapped up about six minutes ago. first, though, the fighting itself, which included more than 100 airstrikes today on hamas targets in gaza according to the idf, and 241 killed on the ground according to unverified claims by the ha ....

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BBCNEWS The July 5, 2024



fellow actors seven years after his death. it includes 18 plays that had never been printed before. plays like 12th night. what kind of man is he? ..the tempest. our revels now are ended. ..julius caesar. friends, romans, countrymen. ..and macbeth. stay, you imperfect speakers, tell me more. these plays would all have been lost had it not been for the first folio. do you want me to do a clap? i am the bbc s culture editor, katie razzall, and i caught up with david during his rehearsals for macbeth and asked him about the role shakespeare s first folio has played in his life. the reason that shakespeare is the cultural colossus that he is is because that book was published. you know why we re here. it is 400 years since the first folio and i wondered, as somebody steeped in shakespeare like you, what does the first folio mean to you? well, i mean, it contains so many of the plays that are the reason why shakespeare is the cornerstone of our cultural life in the way that ....

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