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A sharp fall in its net profit, slipping 25 in 2023 compared to the previous year. Aramco attributed the downturn to Lower Crude Oil prices and decreased production. The companys net income dropped from 161 billion in 2022 to 121 billion last year. Despite the challenges posed by declining oil prices, aramco will increase its dividend payments, providing a much needed financial boost to saudi arabia. Lets get more now from our middle east Business Correspondent sameer hashmi. With a big fall off in profit, why is it increasing its dividend . It its dividend . Is a steep fall compared to 2022. ...

From all sides. For more on this joining me now is dr yujie, Senior Research fellow on china, at the think tank chatham house. Can you put that 5 target into context for us . For more on this joining me now is dr yujie, is it achievable . Thank you for having me. As many reporters described, the term ambitious because it is a very similar target to china put forward last year but only last year china started youre coming from a very low base of 5 seemed easier but this year 5 is a hard reaching target for beijing. This year 596 is a hard reaching target for beijing. Target for beiing. Weve bee...

coming out of a very weak covid year, that is weak. gdp is much lower at 3.6%. china is really entering a structural slowdown. old—growth drivers of property completely gone. a massive drag on the economy. now shifting to a new growth model, something leaning more into exports, evs... evs. .. also covid lockdowns lasted much longer _ evs. .. also covid lockdowns lasted much longer than _ evs. .. also covid lockdowns lasted much longer than other _ evs. .. also covid lockdowns lasted much longer than other parts - evs. .. also covid lockdowns lasted much longer than other parts of. ...

justice department throws 37 charges at former president donald trump saying he mishandled classified documents. the indictments say the papers laid out everything from america's military weaknesses to foreign nations' nuclear capacities. what does it mean for u.s. security? should he have been indicted? >> i'm an innocent man. i did nothing wrong. >> then -- >> artificial intelligence may be the most important development of our time, but is it the most dangerous as well? ♪ >> we know it will replace jobs and blur the lines of reality, but could it be a larger, existential threat?...

the russian prison was called a criminal, returning to the crime scene. it was the first time mr burton had been to newly occupied ukrainian territory. now my bbc news, talking business. let's take a look at what is on the show. spy balloons, tiktok and taiwan. trouble is never far away from the us china relationship so what do mounting tensions mean for the global economy? xijinping in a new term. joe biden halfway through his first, strains between the world's two biggest economies have deepened so what will it take to improve them? a growing number of us firms are looking beyond c...