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BBCNEWS World Business Report July 6, 2024

civil servants. meanwhile, separate data from the bank of england shows british lenders reported a sharp increase in the rate at which households and businesses defaulted on loans such as mortgages. the chancellor said the economic outlook was still brighter than expected. let s bring in the chief economist at kpmg. the uk economy remains weaker than any other country in the g7. we still have twin drives of high inflation and rising interest rates. how resilient do the you think the uk economy is? the latest data has been think the uk economy is? the latest data has been more think the uk economy is? the latest data has been more positive - think the uk economy is? the latest data has been more positive than i data has been more positive than what we feared late last year so it seems like the overall economy is more resilient and the majority of the weakness that we saw more recently is related to strikes rather than any fundamental weakness of the economy but obvio ....

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CNN Early Start With Christine Romans July 6, 2024

welcome to our viewers in the united states and around the world. it is friday, i m christine romans. just moments ago you watched live ukraine s president volodymyr zelenskyy speaking via video link in berlin marking one year since russia s invasion. one year ago today russia invaded ukraine believing that they would overwhelm the country in short order. instead a straightforward russian victory has become less likely by the day and this morning instead of dwelling on ukraine s losses, president zelenskyy released an inspirational video urging people to face the enemy, resist and fight. he says we know 2023 will be the year of our victory. melissa bell is live this morning in kyiv. what is the mood there on what one would think is an unhappy milestone here? reporter: mixed really. on one hand ukrainians are bracing this morning for more russian strikes. that is what the head of ukraine s military intelligence has been warning about on this grim one year anniversary. ....

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BBCNEWS World Business Report July 6, 2024

us and eu officials are meeting today to discuss energy cooperation. the focus? according to the us, joint efforts to blunt russia s attempts to weaponize energy, bolstering energy supplies for the coming winters. this comes as eu member states consider extending restrictions, or even outright banning, russian natural gas imports. the bloc has also imposed a $60 a barrel cap on purchases of russian crude oil, something that the us has supported. joining me now is olga khakova, deputy director for european energy security at the atlantic council s global energy center. on the committee that looked into their trade relationships. has russia been able to weather the international sanctions issued against its energy exports? i think overall, the price caps have been a win, a lot of analysts actually were hesitant to implement or support but anything and the overall goal was achieved. key pressure on energy supplies on the market while minimising how much money russia is ....

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BBCNEWS Talking Business July 6, 2024

well, i m going to be discussing all of that with these two. there they are, an it energy watcher from greenpeace and the vice president of a huge multinational who specialise in internet connections and data centres all around the world. also, can you help heat a city by streaming the latest cat video? i m going to be catching up with the big boss of one of europe s top power companies capturing waste energy to warm your homes. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, all of our lives are moving more and more online and more and more of that life is now in the cloud. we store our photos, ourfamily memories, our shopping lists, and our endless, endless emails to this other place. but the cloud is not some bunch of mist floating in the sky. no, it s a vast digital infrastructure huge networks of cables and processes, the cogs behind the machine powering our online world. and housing all of this a ....

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BBCNEWS World Business Report July 6, 2024

the chairman of the bank has said he is truly sorry for taking the company to the brink of bankruptcy. credit suisse was taken over last month by its rival, ubs, in an emergency deal backed by the swiss government. shareholders were not consulted about the takeover. let s go live now to switzerland and speak to our correspondent, imogen foulkes. it is interesting if you eat so what has come out of this meeting, the boss they are apologising and also a collapse entirely would have been bad news for the country and therefore this was the least bad option. therefore this was the least bad 0 tion. . , , therefore this was the least bad otion. . , , ., option. that is right. it s a blustery option. that is right. it s a blustery day option. that is right. it s a blustery day in option. that is right. it s a| blustery day in switzerland option. that is right. it s a - blustery day in switzerland but there is a tornado of anger blowing through credit suisse s agm. it ....

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