Stay updated with breaking news from Joao da silva. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
if you have just joined if you havejustjoined us, good to have you with us. we begin with the soaring cost of energy. as governments and central banks grapple with rising inflation and a cost of living crisis, the world s biggest oil company announces record breaking profits. the saudi oil company aramco revealed it made more than $48 billion in profits in the second quarter of this year. the eye watering sum marks a 90% year on year increase and the biggestjump in earnings for the world s largest energy exporter since its public listing three years ago. but what is the outlook for oil prices this year and beyond? the war in ukraine caused a significant spike in the price of energy worldwide prices have come off the highs reached earlier this year and now with fears of recession on the horizon in europe and other key economies globally, there are differing views out there as to where the price of the oil is headed. let s talk this through with craig erlam senior mar ....
a very warm welcome to the programme. breathing life back into the high street that s expected to be one of the focuses of the queens speech later today as the uk government promises to rid britain s high streets of derelict shopfronts and help to restore neighbourhood pride. more money will be given to local authorities and extra powers will enable councils to force landlords to rent out empty shops. the plans are also set to include the ability to make pavement cafes a permanent part of the town centre landscape. joining me now is andrew goodacre, ceo, british independent retailers association. how far will this go to reviving high street? we reviving high-street? we welcome reviving high-street? we welcome a reviving high-street? we welcome a focus - reviving high street? - welcome a focus of regenerating high street, solving the problem of renting properties. they destroy the image of high street and make it seem as if it is not successful so that does need ....
This came through in the early hours, a release for forward, not signed and sealed but it would seem tough negotiations have ended in an agreement. Good morning. Thank you for having me. This is good for the workers, this deal, because it is a 25 Wage Increase for workers, a Reference Point for the other Car Companies that are still striking and i think there is a lot of pressure to negotiate with workers and come up negotiate with workers and come up with a deal because the financial cost to the company to simply huge. We originally had the Third Quarter results from General Motors and they say the strikes so far have cost 800 million, a big hit in their profitability and the overall estimate for the strikes so ....
A new report, funded by the european union, has found that the worlds super rich are still able to pay low rates of tax, despite a decade of efforts to reduce evasion. The study says there are still too many loopholes and billionaires are able to pay less than half a percent of their wealth. The eu tax observatory, which is behind the report, is calling for a new global minimum tax on billionaires saying that if the richest 3000 people in the world paid 2 , then it would raise 250 billion a year. Lets speak now to one of the reports authors quentin parrinello, Senior Advisor at the eu Tax 0bservatory . What more can you tell us about what this report is calling for and whether its feasible . In this report we are trying to target tax evasion and mistakes have happened in the last decade in terms of tax evasion. Mainly focusing on the taxation of billionaires. We are asking ....