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BBCNEWS Business Today September 6, 2024

On wednesday following a report the White House is preparing to formally block Nippon Steels 14 Billion takeover bid. People familiar with the matter say a decision could be made as soon as this week. The move would be highly controversial and critics say it would lead to Job Losses and could chill foreign investment in the us. For more, heres our North America Business correspondent Ritika Gupta in new york. Nippon steels 14 Billion bid to acquire united States Steel has been caught in the crosshairs of an election year, and in the crucial Swing State of pennsylvania, where us steel is based. Us president Joe Biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain dom ....

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BBCNEWS Business Today - NYSE Opening Bell September 6, 2024

As the us exchanges open here in new york. Lets cross live now to Shams Afzal, Managing Director at carnegie investment counsel. Of course, in the last hour, we had that adp data out. How are the markets reacting to this . I think this number, as well as tomorrows total data will probably not change the narrative that has been set already that the Jobs Market has softened quite a bit compared to a year ago. I think the more important data that came out earlier showed the number ofjobs available. If number of jobs available. If you number ofjobs available. If you went back to february 2023, there were almost two jobs open every Wedding Work out there, now that number has shrunk to every 1. 1 jobs to every willing work out there. They are finally getting these numbers so this put the Rate Cut Regime very much intact ....

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BBCNEWS The Context September 6, 2024

Also tonight, france finally has a prime minister. You will know him he is the former Brexit Negotiator Michel barnier. Parliament. He will need all his skills to Negotiate a raucus french parliament. And not entirely immune from prosecution. Trump pleads not guilty, as his Jan 6 case returns to court in washington. Welcome to the programme. The Waterways here in britain are awash with Records Amount of sewage. Today, the governement announced a new bill that will beef up the powers of the Water regulator. In future the Water Bosses in england and wales will face 2 years in prison if theyre found to have obstructed an investigation into a Sewage Spill and their bonuses will be blocked if they fail to meet environmental and financial standards. But activists say it ....

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BBCNEWS Business Today September 6, 2024

Rate would be a big win for large us companies, it would also contribute to rising deficits. It means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can be as high as 37 . His proposal is in stark contrast to his rival, kamala harris, who has called to raise the Corporation Tax to 28 . Trumps proposals also include an idea from Tesla Ceo Elon musk to create a Government Efficiency Commission. This would be to eliminate wasteful federal spending a shot at the biden harris administrations spending levels. I will create a Government Efficiency Commission tasked with conducting a complete financial and Performance Audit of the entire federal government, and making recommendations for drastic reforms. We need to do it. Cant go on the way we are now. And elon, because hes not very busy, has agreed to head that
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BBCNEWS Newsday September 6, 2024

We start this hour in the uk, where from next week, thousands of british offenders whove served 40 of their Prison Terms will be eligible for early release its necessary, says the government, because of severe overcrowding in jails. There are fewer than 500 spaces left in mens prisons in england and wales a crisis made worse by the convictions of hundreds of people involved in riots last month. Our senior Uk Correspondent Sima Kotecha was given full and rare access to Hmp Pentonville In London and this is what she found. Siren blares. Chaos in Hmp Pentonville. Shouting. Were the only broadcast journalists given access. Its a Code Red. To one of britains most dangerous jails since the current crisis. 0k, come on, folks. And some Prison Officers are so frightened of being targeted on the outside that weve had to blur theirfaces. Hmp Pentonville Staff are overstretched. Another alarm here. And on the verge of
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