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BBCNEWS World Business Report July 6, 2024

let s get down to business and we start with the big picture. the global economy is expected to grow a paltry 3% over the next five years according to the head of the international monetary fund, kristalina geogieva. her comments were made ahead of the imf and world bank s spring meetings which kick off today in washington. our north america business correspondent samira hussain is there. high inflation continues to plague countries around the world. bankers are raising interest rates to try and slow down those price increases. as a result, however, we have some of the weakest growth projections by the international monetary fund since the 1990s. with the world s finance ministers and central bankers all meeting in washington this week, the increasingly fragile global economy will certainly be the focus, along with ways for countries to try and mitigate some of the negative impacts of those interest rate rises. now, the high inflation, however, is already having an impact on ....

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BBCNEWS World Business Report July 6, 2024

let s get down to business. hsbc has just reported a 92% surge in quarterly profit. rising interest rates helped to swell its net interest income. europe s largest bank that s headquartered in london said pre tax earnings ringed in at $5.2 billion for the fourth quarter that s better than expected and up from $2.7 billion the year before. but it s biggest shareholder, ping an insurance of china, is putting pressure on the board to pivot further east. that s one of the challenges facing hsbc. let s discuss this with will walker arnott, senior investment manager, charles stanley good morning. talk about numbers. shareholders will benefit. hsbc did well in the last quarter- benefit. hsbc did well in the last quarter. yes, benefit. hsbc did well in the last quarter. yes, strong - last quarter. yes, strong results which would have pleased the market and beat expectations, as outlined. gather up 30% over last year, and the results explain why. what strip on the results, ....

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FOXNEWS Fox News at Night July 6, 2024

how the lab leak theory is picking up steam. reporter: another covid report, 300 pages. the big take away is this statement. the preponderance of information affirms the possibility of a research related incident that was likely unintentional resulting from failures of biosafety containment during vaccine related research. relies on that scientists that have yet to discover any sort of naturally occurring viruses that are similar in composition to covid-19. furthermore, the report argues researchers in china started on at least two covid vaccines in november of 2019 before the pandemic. and that there are also safety concerns at that very lab. this is how the senator of kansas released the report interprets the fighting. i want to emphasize i think this leak was unintentional. they had no reason that they wanted to release this virus. i would hope for the best. we have to assume the worst. reporter: fbi director wray christopher wray said the virus most likely ca ....

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FOXNEWS FOX and Friends Saturday July 6, 2024

pete: this is fox & friends in new york city, that s glendale, arizona. that was the independence high school patriot brigade, and this is an immersive graphic s and you can t see us but now you can. [laughter] you can t see us, now you can. [laughter] this is why we can t have nice things, because i just want to play with them. joey: so rachel s back here with the pom-poms, and she s a better cheerleader than either of us are football players. pete: that s true. a. rachel: i was a cheerleader in high school. pete: you had the beats going. rachel: yes, i did. pete: brian kilmeade live in glendale, arizona, ahead of the matchup, the philadelphia eagles against the kansas city chiefs. brian, good morning. backup. brian: good morning. that was awesome. good morning to you. service everybody in the vicinity is now up and ready to go because we booked one of the best bands in the area. this is flora, by the way. how good is your band? really good. brian: i second that. ....

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BBCNEWS Asia Business Report July 6, 2024

will be the first since beijing scrapped its zero covid restrictions late last year. the chief economist at hang seng bank china told us she is expecting to see an economic rebound that could fade in subsequent quarters. in rebound that could fade in subsequent quarters. in terms of gdp growth subsequent quarters. in terms of gdp growth for subsequent quarters. in terms of gdp growth for the - subsequent quarters. in terms of gdp growth for the first - of gdp growth for the first quarter it is very likely to exceed expectations because the trade data was just exceptional, so now we are anticipating a growth rate of about 4.5% and in terms of infrastructure, housing, consumption, all those figures will improve significantly in the first quarter as well. there might be some downside risks but it will mostly show up risks but it will mostly show up in the coming months. in the first quarter data probably is just right spots. it’s first quarter data probably is just r ....

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