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150 million people now use the transport app most famous for ride hailing on a regular basis. after a drop in custom during the pandemic, uber reported a bounceback in demand for transport last year as people got out more and employers began to require their staff spend more time in the office. last year was the first year that the app, which has become synonymous with ride hailing in many markets, became profitable. let s talk about this more now with our north america business correspondent, erin delmore. is this a simple case of more people getting out there and calling ubers? or is there more to it than that? that s a big part of it, but there s more to it. not only are customers hailing the right, but we also saw food delivery go up. has become a big and important part of the s business. the holiday season was good to the company, but also marked the third consecutive quarter of operating profits. it s a great story for tube as it talks about 2023. the ceo said about ....
aged 20 , has claimed via a lawyer that nothing inappropriate or unlawful has taken place, and that the claims that first emerged in the sun newspaper are rubbish , and an invasion of their privacy. the sun says it stands by its story. meanwhile, the metropolitan police say they are making further inquiries but there is currently no investigation under way. the male presenter, who has been suspended, has not been named. here s our media editor katie razzall. for the first time at the bbc we ve had our own person talking to the person involved in this. they told us that the story as reported by the sun is untrue. now the sun says there is something quite another. the pants had to stand by their account and an interview say we did this to help, and that the presenter has got into their loved ones had come as they put it. the claims tonight on behalf of that empress are not true and they accused the bbc of lying about what happened when they made their complaint. so ....
pace, that is the message from the federal reserve. america s central bank. the policymakers says they intend to raise interest rates practice in its july after taking a break last month to assess the impact of ten brevis increases. it comes as americans are having to pay more for basic goods, but while officials seem to be an agreement are for what to do next, after the meeting on wednesday, there was disagreement over the decision to hold off untiljune. some say they could ve supported a rate rise last month because inflation remains well above its 2% target. the minutes show how policymakers are grappling with how to tame inflation after it hit a high last year, even as they left the benchmark rate unchanged in a five to five and a quarter percent, almost all officials believe more rate hikes are needed. i had of thejuly meeting, there are two marquee pieces of economic data that is due out to the statement a chapter practice friday and consumer inflation next week. ....
this is the first time a us treasury secretary has visited china since the covid pandemic and this is the environment they find themselves in. for example, trade restrictions. one point of contention is over rare earth metals, essential components to make semiconductor those which are used in everything from smart phones to military equipment. earlier this week beijing said it will require a special license to obtain two metals predominantly mined in china stopping this move has seen a retaliation against export bands put in place by the united states of critical technology needed for artificial intelligence and quantum computing. both sides argue that these bands are neededin argue that these bands are needed in the interest of national security. another issueis national security. another issue is the weakening yuan. china s currency has lost nearly 5% of its value against the us dollar over the past year which makes chinese exports more competitive on the global marke ....
earths just days ago. i think she really wants as she said to get communications open. we are trading a lot with china, china depends on the us, us depends on china but at the same time, security and geopolitical interests are coming into conflict. i would say it is a little bit like good cop bad cop, blinken being the bad cop and now yellen going in as the good cop trying to say, look, we have a lot in common, let s see what we can do together, but boy, back home in the united states, both the democrats and the republicans are bashing on china, trump put in tariffs on hundreds of billions of chinese goods and president biden, who has reversed every trump policy he can, has kept that one. but despite those cooling tensions, the trade between the two have actually been growing but of course just ahead of her visit, beijing announcing those export controls on rare metals, also introducing some new laws on foreign relations and counterespionage and so on. is beijing play ....