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BBCNEWS World Business Report July 6, 2024



there were sharp losses in early trading, although banking stocks have since rebounded slightly. ubs is currently up 3.5% let s take a look now at how the markets are performing more broadly. trading began in the us an hour ago. we can see the dow is up, the snp 500 also on 5.2%. in asia and in europe, there was some initial fright taken by investors, particularly because certain bondholders in credit suisse have lost all the value of their investment, but by the middle of the trading day most european indices were trading positively again. now, one aspect of the deal was that any investor holding additional tieri bonds, or ati bonds, in credit suisse will get nothing. that s more than 15 billion euros written off. it spooked the whole ati bond market which is worth more than 200 billion euros. let s discuss this in more details with dan kemp, global chief investment officer at morningstar investment management. why is the burning of these bondholders so controversial ....

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BBCNEWS BBC News July 6, 2024



fredricka reynolds used to do all the flowers for the weddings, but in an instant, that key part of her business was snatched away. they rang me on the thursday before the asylum seekers came on the monday, and cancelled all my weddings for the foreseeable. that s a huge amount of work and income to me. and she told me it s notjust the loss of thousands of pounds. me and my boys used to go swimming every saturday there. i ve got two little ones and every time we drive past there, they want to go swimming and, unfortunately, that s closed now. because of the small boats crossing the channel, the number of asylum seekers in hotels has gone from 3,000 to 51,000 in just three years. it s the government policy that almost no one is in favour of not even the government and it s costing the taxpayer £6 million a day. daniel sandford, bbc news, kegworth. more than 100 metropolitan police officers, who are being investigated for domestic abuse or sexual misconduct, are bein ....

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BBCNEWS Newsday July 6, 2024



live from mouth to in singapore, this is bbc news. it is live from mouth to in singapore, this is bbc news. live from mouth to in singapore, this is bbc news. it is newsday. live from our this is bbc news. it is newsday. live from our studio this is bbc news. it is newsday. live from our studio in this is bbc news. it is newsday. live from our studio in singapore. i hello and welcome to the programme. president xi of china is on a state visit to russia, where he s been warmly greeted by president putin. the summit has been the focus of a good deal of speculation following the publication of china s plan to settle the acute crisis in ukraine. mr putin said that moscow was always open to negotiation. but the americans have already warned that the chinese peace plan could be a just a delaying tactic. the visit comes just days after the international criminal court issued an arrest warrant for president putin, in relation to alleged war crimes. from moscow, o ....

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CNN CNN Newsroom Live July 6, 2024



trump s alleged hush money scheme will soon have an unexpected witness as the manhattan district attorney weighs indicting the former president. and if he is arrested, trump s attorney warns of mayhem to come. china s president is making his first trip to moscow since the war in ukraine began. what xi jinping and vladimir putin hope to achieve at their meeting. the u.s. federal reserve is taking steps to keep cash flowing as major moves are being made to help restore confidence in the global banking system. good to have you with us. a day after donald trump urged supporters to protest his potential indictment in new york, his legal team has further stoked tensions by warning of unrest if the former president is arrested. let s see if they arrest him, but i ll tell you what, if they choose to do so for a misdemeanor, which frankly he didn t even do, it is going to cause mayhem, paula. it s just a very scary time in our country. i do think security should be in pl ....

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CNN Early Start With Christine Romans July 6, 2024



paula. it s just a very scary time in our country. asking for trouble. team trump trying to fire up his base, as he faces possible indictment within days. and joining forces, the world s biggest central banks team up to keep the cash flowing and stave off a possible financial crisis. all right. welcome to our viewers in the united states and around the world, i m christine romans. good monday morning to you. in just 90 minutes, china s leader xi jinping arriving in moscow for a state visit including a one-on-one meeting with russian president vladimir putin. overnight, the two leaders published articles written for audiences in each country. the pieces highlight the trust in cooperation, and credit china for promoting peace in ukraine. cnn s salma abdelaziz following the story live from london for us. salma, what s the purpose of xi s visit? and what is putin looking for from china? reporter: well, for president xi who has, of course, secured that unprecedented ....

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