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BBCNEWS The July 5, 2024

is to close blast furnaces in port talbot with 3,000 jobs to go. the union plan to savejobs has failed. so what does it say more generally about the green transition? also in the programme. a walk out in northern ireland. no government, no funding, no pay rises. is the standoff over stormont now a constiutional crisis. a constiutional crisis? and is it the demand for cocaine europe that has turned ecuador into a war zone with the drug cartels? is there a future for steel making in the uk? and if there is then what sort of sector does it become. that very issue has been under discussion today between unions representing the steel workers of south wales and the bosses of the tata steel making company. no official word of what has been agreed but we understand tata steel is to close both blast furnaces at its port talbot works with the loss of up to 3,000 jobs. instead of blast furnaces, tata have a plan backed by the british government to invest in a new, greener, elect ....

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BBCNEWS Asia July 5, 2024

record more than a year ago. the dow and nasdaq also closing higher. i spoke to tribeca investment partners, who told me what s driving the rally. 2024 we re heading to a good start. certainly, the investor optimism has returned after the first couple of weeks of a little bit of weakness. investors have decided 2024 is going to be a year where interest rates will head lower locally and the economic activity will slow down but not as bad as feared previously, so all that combined, it s good to see the nasdaq pushing higher, led by big tech, and everybody else heading the right way. big tech we re hearing some good things, some lay offs as well? sure. i do think big tech is going through for 2024, certainly they ve had a great start, but i do think they will slow down somewhat because of the things you talk to. their earnings were slowed somewhat because costs are higher. i do think that the ai related sectors within the big tech will do betterjust because there s a ....

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BBCNEWS Asia July 5, 2024

partners, who told me what s driving the rally. 2024 we re heading to a good start. certainly the investor optimism has returned after the first couple of weeks of a little bit of weakness. investors have decided 2024 is going to be a year where interest rates will head lower locally and the economic activity will slow down, but not as bad as feared previously. so all that combined, it s good to see the nasdaq pushing higher, led by big tech, and everybody else heading the right way. big tech we re hearing some good things, some lay offs as well? sure. i do think big tech is going through for 2024, certainly they ve had a great start, but i do think they will slow down somewhat because of the things you talk to. their earnings were slowed somewhat because costs are higher. i do think that the ai related sectors within the big tech will do better just because there s a phenomenal amount of growth. but every part of big tech is going to experience slowdown because o ....

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BBCNEWS The July 5, 2024

edin dzeko has moved from inter milan to turkish side fenerbahce on a free transfer. the 37 year old striker s final game for the milan club was the champions league final, which inter lost 1 0 to manchester city in istanbul. onto tennis and the grass court season is well under way at queens in london british number one cameron norrie has been knocked out in the quarter finals. he was beaten by america s seb korda. norrie was a queens finalist two years ago but he was below par in this match losing the first set 6 4 and the second 7 6 in a tie break. korda will face either the top seed carlos alcaraz in the last four on saturday. holger rune of denmark will face alex de minaur in the other singles semifinal after overcoming lorenzo musetti 6 4, 7 5. australian de minaur, who beat andy murray in his opening match, beat adrian mannarino of france. the women s ashes test is looking really well matched. australia were eventually all out for 473 midway through day 2 at ....

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BBCNEWS World July 5, 2024

and collaring the hound pound . why going dog friendly could unleash a $50 billion market for the travel industry. hello, i m sally bundock. let s get on with the business stories. we start here in the uk, where the ftse 100 index of leading shares had its worst day since last summer on concerns interest rates may have to stay higher for longer. that s after the rate of inflation unexpectedly went up in decemberfor the first time in almost a year, despite expectations of a fall. the consumer price index showed prices rising at an annual rate of 4% last month, up from 3.9% in november. the bank of england has pushed the cost of borrowing to a 15 year high to try and rein in rising prices. but as our chief economics correspondent dharshini david reports, while bets on early rate cuts are now being scaled back, there could still be relief for borrowers later in the year. music plays. indulge in a theatre trip or even a gig in december. higher ticket prices, rising drinkers, ora ....

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