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BBCNEWS Business Today October 3, 2024

Oil Prices Surge and stocks tumble as barrage of missiles in the Middle East prompts supply fears in a region that accounts for a third of global oil production. Us Trade Paralysis dockworkers threaten to continue striking for as long as necessary with ports along the East And Gulf coasts remaining shut for a second day. Also on the programme, could technology bring extinct species back to life . We speak to the boss of a De Extinction Company hoping to resurrect the Woolly Mammoth. Live from london, this is business today. Lets start with the Middle East, where, as weve been reporting, israel has warned of grave consequences after iran launched a barrage of missiles at targets across the country on tuesday. Oil prices have been surging as traders fear a full scale regional war could disrupt Energy Supplies to the global mar ....

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BBCNEWS BBC News October 3, 2024

From each one and James Cleverly vowing to sell the benefits of conservativism with a smile. He talked about positivity as the person who talked before him, Tom Tugendhat, had. He went further and tugendhat, had. He went furtherand told tugendhat, had. He went further and told the tories, they need to be more normal, as he put it. He talked about such a wide range of different issues. His wife and how she battled cancer, and how the nhs was wonderful when she needed it, and he talked about some of the achievements of the conservative government. He also talked about his time in government. Lets talk to our Correspondent Listening in. Damian, what do you take from James Cleverly . It felt like it went on for more than 20 minutes, im not sure if itjust felt like that. I sure if it just felt like that. I think its dead. We were not tailing exactly. We think it went on for maybe 30 minutes we were not i think it did, we were not timing exactly. You could hear some of the moments were clear ....

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BBCNEWS Breakfast October 3, 2024

Our maIn sTory. The IsraelI PrIme MInIster, BenjamIn Netanyahu, says Iran wIll pay a terrIble prIce for launchIng a barrage of mIssIles Towards sItes across Israel. Tehran saId It had concluded Its mIlItary actIon, but warned of further attacks If Israel retalIated. Around 180 mIssIles were fIred across large parts of Israel, IncludIng Jerusalem And Tel avIv. Most were Intercepted. Its been confIrmed that brItIsh troops were Involved In supportIng Israel. In a statement Last NIght, prIme MInIster KeIr Starmer warned that the MIddle East Is now On The BrInk. Well be speakIng To our correspondents across the regIon throughout the mornIng, and gaugIng polItIcal reactIon, as well, but fIrst wIth the latest from jerusalem, Jon DonnIson reports. AIrraId sIren. Israel was warned It was comIng. But thIs was Irans revenge. Almost 200 ballIstIc mIssIles raInIng In across the country. ExplosIons. 0k, guys, we got To get off the roof. These are comIng down rIght next To us here. As people ran for ....

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BBCNEWS Business Today - NYSE Opening Bell October 3, 2024

September. How do you expect that to feed through into InflatIon ExpectatIons and impact the us economy . I think riaht now impact the us economy . I think right now the impact the us economy . I think right now the focus impact the us economy . I think right now the focus is right now the focus is definitely on crude oil. A lot of people are drawing comparisons to what happened when the war in ukraine started. When you take a Look Oil surged Io . With this incident it surged 5 in some of that is because we have us productIon at record highs. Opec was undecided over increasing productIon. This is a moment where investors are trying to get a sense of how are the actual supply disruptIons going to unfold in the coming weeks and months. Right now the market was pretty content that this inflatIon and that trend was going to remain and now they are scratching their heads to see will this ....

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BBCNEWS Business Today October 3, 2024

Im nowjoined by our North America Business correspondent ritika gupta. What is it that markets make of what they are saying . They are nervous because they dont know whats going to happen next. Yes. The mood of nervousness. Little change now but losses off the back of those Middle East tensions. There is a dent to risk appetite. Markets dont like Uncertainty And Risk now is can this respondent is this going to blow into wider war. One of the sectors that is bucking the trend and going higher Todays Energy stocks and that is off the back of oil as you mentioned. It was up as much as 3 today and continuing again from yesterday over Supply Disruption concerns. Yesterday we saw some of those Safe Haven assets like gold, we are seeing some of Varese Today but i still think overall there is this wait and see mode and a very risk of town. Is this Waitandsee Mode and a very ri ....

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