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BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

hello and welcome to audiences in the uk and around the world. we begin in the us where the central bank is expected to increase interest rates by another 75 basis points today which would be the fourth consecutive increase of this size. many are hoping for signs the federal reserve may soften its approach in the months ahead with markets anticipating a 0.5% rate rise in december. so what's different within the us economy that would lead the fed to change its current course? here's michelle fleury. since march the federal chair hiked the rate by three percentage points, in so doing c...

BBCNEWS World Business Report June 4, 2024 05:47:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 05:47:00

The taiwanese tech giant, foxconn, has quadrupled the daily working bonus for staff working at its huge zhengzhou plant in china — known as �*iphone city'. that's to quell rising discontent over harsh covid restrictions, which led to scores of workers escaping over external fences at the plant in recent days. 200,000 people work at the factory, which produces the majority of iphones shipments worldwide. joining me now is katie silverfrom singapore. in real terms, how much is the bonus worth to workers?- bonus worth to workers? each day there _ bonus worth to workers? each day there are _ b...