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BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

oil prices have risen before today's meeting of the cartel of oil—producing nations, as ministers prepare to set targets for the summer, a time of what will be rising demand across europe and the us. this is their first meeting since the eu imposed sanctions on russian crude. the group is under pressure to exclude russia, the world's third largest oil producer, from future producton quotas. it would be a move that could pave the way for saudi arabia and the uae to pump more oil. here's our middle east business correspondent, sameer hashmi. opec plus is opec plus is expected opec pl...

BBCNEWS Business July 3, 2024 - Vimarsana News

BBCNEWS Business July 3, 2024

Because of Consumer Prices rise too quickly the American Central Bank will likely push the timing of Interest Rates cut further down the line. On tuesday australias government will unveil its annual budget and we expect measures to ease Cost Of Living pressures in the country. On friday will have more data from china which could or should give us clues on whether consumers are spending with the release of Monthly Sales numbers. Achieve Market Analyst gave us his analysis. Market analyst gave us his Analysis Market analyst gave us his anal sis. ,. , analysis. The latest batch of us analysis. Th...

BBCNEWS Business July 3, 2024 - Vimarsana News

BBCNEWS Business July 3, 2024

Lets start in the eu, where Three Tech Giants the social media platform x, Tiktok Owner Bytedance and the travel website booking. Com, are waiting to find out whether they could face an Antitrust Crackdown under the eus new digital antitrust rulebook. The Eu Commission has until the end of today to decide whether those three companies would qualify as so called gatekeepers under the new Digital Markets act. The aim of the act is to help competition in the Technology Sector and to try to break down the stronghold of Big Tech Companies. Well, someone who knows a lot about this, because she co ne...

BBCNEWS Business July 3, 2024 - Vimarsana News

BBCNEWS Business July 3, 2024

Bank will likely push the timing of Interest Rate cuts further down the line. Meanwhile, on tuesday, australias government will unveil its annual budget, and were expecting measures to ease cost of living pressures in the country. And on friday, well get more data from china which should give us clues on whether consumers are spending with the release of Monthly Retail sales numbers. Tim waterer, chief market analyst, kcm trade, gave us his analysis. The latest batch is front and centre for financial markets. We are hoping to see maybe it will take down, two, three, 5 . If we see it heading in...

BBCNEWS Business July 3, 2024 - Vimarsana News

BBCNEWS Business July 3, 2024

Prices rise too quickly, Americas Central Bank will likely push the timing of Interest Rate cuts further down the line. Were also watching this week, on tuesday, australias government will unveil its annual budget, and were expecting measures to ease cost of living pressures in the country. And on friday, well get more data from china which should give us clues on if consumers are spending with the release of Monthly Retail sales numbers. Tim waterer, chief market analyst, kcm trade, gave us his analysis. The latest batch of us Inflation Data will be front and centerforfinancial and center for...