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first it was saudi arabia which announced it was cutting its production by one million barrels per day from august. then russia said it was cutting its production by half a million barrels per day from august too. the cuts mean global supplies will be reduced by around 1.5%. let's go live now to our middle east business correspondent, sameer hashmi. it doesn't sound like a lot, 1.5%, but it could have big implications. explain how important these two players are. explain how important these two players are-— explain how important these two -la ersare. �*, ., ~ ., players are. let...

beliefs. >> another day of decisions split 6-3 showing deep divisions at the nation's highest court in an opinion by chief justice john roberts the majority struck down the biden administration's plan to wipe out $430 billion until student loan debt. quote, we hold today that the act allows the education secretary to wave or modify existing statutory or regulatory provisions applicable to financial assistance programs under the education act. not to rewrite that statute from the ground up. the dissenters led by justice kagan argued the secretary did have that power. quote the statute...

hearing from tata steel, which owns the steelworks in october, it is bad news for the thousands of people who work at that steel facility. we have just been told that tata steel plans to close both remaining blast furnaces at the steelworks and that could come at the cost of 3000 jobs. clearly something which will devastate the local community. stay with us on bbc news for more updates on that story. tata steel says they will close the remaining port talbot blast furnaces at the steelworks with potential loss of up to 3000 jobs. news coming to us from bbc sources, ratherthan jobs. ne...

you will see over the oval office now there is a us flag and the british flag in recognition of the meeting. we british flag in recognition of the meetinu. ~ , ., british flag in recognition of the meetin.. , . meeting. we can see a door opening and a door closing. _ meeting. we can see a door opening and a door closing. he _ meeting. we can see a door opening and a door closing. he is _ meeting. we can see a door opening and a door closing. he is going - meeting. we can see a door opening and a door closing. he is going on. l and a door closing. he is going on. a cuick and a door cl...

hello, i'm sally bundock, here with your top business stories. let's start with oil, because crude prices have risen some 2% after saudi arabia and opec plus countries announced they would be cutting production to stabilise oil prices. saudi arabia said it would make cuts of one million barrels per day injuly, which is around 1% of global supplies. opec plus countries — which account for around a0 % of the world's crude oil — said they would cut production by some 1.4 million barrels per day from the start of next year. but not all members of the cartel were happy, with nigeria a...