Live Breaking News & Updates on Global Stategist

Stay updated with breaking news from Global stategist. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Transcripts For BBCNEWS World 20240704

Performance dividend. Live now to our middle east Business Correspondent sameer hashmi. Samir, Rhe Saudi State remains overwhelmingly aramco s biggest shareholder, so they remain the big winner in the aramco story. Well, thats right. They own around 90 of the company and the payout, the bulk of it, will go to the saudi government. If you look at aramco, every quarter they have been paying about 19. 8 billion of dividend. This time they have added another amount to that amount, because they said the cash flows are healthy and thatis said the cash flows are healthy and that is why they have decided to increase that overall dividend, which will be beneficial for the saudi government because it relies heavily on the Aramco Generating revenues for it, and that will help them in their
Saudi Aramco , Oil Prices , Europe S , Oil Giant , 30 Billion , 0 Billion , World Business Report , Refining Oil , Record Highs , Crude Oil Prices , Rhe Saudi State , Sameer Hashmi , Performance Dividend , Middle East , Aramco Story , 9 8 Billion , 19 8 Billion , Cash Flows , Aramco Generating , Oil Demand , Tourist Destinations , Oil Diversification Programme , Infrastructure Projects , Revenue Streams , Oil Profits , Green Energy ,

Transcripts for BBCNEWS World Business Report 20240604 10:35:00

Are exporting and pumping that oil, making them one of the most significant companies in the world. thank you very much. to germany s economy now and the latest manufacturing figures from europe s powerhouse have come in weaker than expected. german industrial production fell further injune, by 1.5% compared to may worse than economists were expecting. the slowdown was mainly driven by the automotive and construction sectors and is part of a wider slowdown in manufacturing globally. marc ostwald is chief economist and global stategist at adm isi. how concerned how concerned are how concerned are you by what we are seeing coming out of germany right now? ~ , ., , , ., seeing coming out of germany right now? ~ , . , , ., ., now? well, this has been flagged for a lona now? well, this has been flagged for a longtime. now? well, this has been flagged for a long time, even now? well, this has been flagged for a long time, even pre-pandemic, - now? well, this has been flagged forl a lon ....

Wasn T , Europe S , Industrial Production , 1 5 , Chief Economist , Global Stategist , Marc Ostwald , Adm Isi , Pre Pandemic ,