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BBCNEWS World Business Report July 7, 2024

we start in the uk where already this week deals have been done to increase pay for workers at british airways, aldi and uber. aldi is raising the pay of thousands of distribution centre staff by 9% as competition for workers climbs post pandemic with more and more of us ordering our groceries online. british airways check in staff have agreed to a pay settlement that their union says amounts to a 13% pay rise, and uber agreed to raise fares in the uk to boost earnings for its drivers. the rising cost of living and forecasts for soaring winter energy bills, along with a severe labour shortage in some industries is a recipe for higher pay, something the bank of england warned against as it could hamper its fight against inflation. the latest unemployment figures for the uk are out in a few hours time. kate shoesmith is deputy chief executive of the recruitment and employment confederation. good morning. the employment numbers coming out forward june, what will they tell ....

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BBCNEWS Newsday July 7, 2024

live from our studio in singapore. this is bbc news. it s newsday. it s 6am in singapore, and midnight in the danish capital, copenhagen where police say several people have been killed in a shooting incident in a shopping centre. this happened just a few hours ago now. there are also many injured. the mayor of copenhagen says it s a very serious situation, and one person, a danish man, has been arrested. eyewitnesses have spoken of chaotic scenes after the man opened fire inside the fields shopping mall, the country s biggest shopping cnetre. police have not been able to establish the attacker s motives. it s not known whether he was acting alone. there is a heavy police presence across the copenhagen region. our security correspondent gordon corera reports. chaos on a sunday afternoon, as gunfire erupts inside the fields shopping centre, in copenhagen. some shoppers fled the complex, other tried to find cover, desperately seeking hiding places. translation: we were ....

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FOXNEWS FOX Friends First July 7, 2024

recession. the recession will deepen. it is inevitable, there is no way out. carley: larry kudlow sure about that, i m carley shimku . todd: i d todd piro. carley: new polling shows republicans hold 3-point edge on the ballot. both sides are equally motivated to vote. alexandria hoff is like with details. alexandria: good morning, the president is back in washington and must contend with the frustration of the american people. build back better plan has been knocked down into smaller bits. west virginia senator joe manchin said he would not support a plan that includes new taxes to fund climate initiatives. he didn t abruptly do anything. people like manchin and kyrsten sinema who are intentionally sabotaging the president s agenda. i do not know why senate majority leader chuck schumer allows manchin to be chair of the energy committee. alexandria: senator manchin fears new spending would exacerbate inflation. here is fox news sunday yesterday. inflatio ....

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BBCNEWS BBC News July 7, 2024

the world s first fully working sand battery is installed in finland, with developers calling it a major breakthrough for green energy. and england chase victory over india at edgbaston to win the fifth test. borisjohnson s decision to appoint chris pincher as deputy chief whip is facing further scrutiny as a former top civil servant at the foreign office, lord mcdonald writes to the parliamentary standards commissioner this morning, saying that borisjohnson was briefed in person about an investigation into chris pincher s conduct as a foreign office minister. downing street had previously claimed that the prime minister wasn t aware of any specific allegations against mr pincher when he was appointed in february. but the bbc learned last night that boris johnson and the foreign secretary at the time, dominic raab, both knew about the issue. mr pincher resigned as deputy chief whip last thursday and was suspended as a conservative party mp after being accused of gropi ....

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CNN The Lead With Jake Tapper July 7, 2024

welcome to the lead. i m kaitlan collins in for jake tapper. we start with the money lead. wall street closing this hour mostly flat after today s jobs reported exceeded expectations. great news, obviously, but not slowing rising prices and fears of a recession. according to the bureau of labor statistics, the united states added 372,000 jobs in june and on average american paychecks are up 5.1% in the last year. but that s not keeping up with inflation, which jumped 8.6% annually in last month s report. that s a problem for president biden as he is struggling to convince americans his economic agenda is working. my economic plan is moving this country in a better direction. reporter: more signs on friday of a robust u.s. labor market. the economy adding 372,000 jobs in june, far beating economists expectations and the unemployment rate remaining at 3.6%, near historic lows. president biden celebrating the news, saying the u.s. has now recovered all of the jobs l ....

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