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BBCNEWS Newsday July 6, 2024

bbc news. studio in singapore, this is bbc new- welcome to bbc news. our top story today: the us defence secretary says he had a rare phone call with his russian counterpart in the aftermath of a collision between a russian fighterjet and a us drone. the race is now on to recover the wreckage of the drone which is thought to be 1,200 metres deep in the black sea. russia has also said it will try to find the wreckage. meanwhile, america s top general said the whole incident was a result of russia s increasingly aggressive behaviour in the area. us defence secretary lloyd austin gave this update earlier. asi as i have said repeatedly, it is important that great powers be models of transparency and communication. the united states will continue to fly and to operate wherever international law allows. and it is incumbent upon russia to operate as military aircraft in a safe and professional manner. our diplomatic correspondent, james landale, has this report from kyiv. thi ....

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BBCNEWS World Business Report July 6, 2024

britain s largest energy supplier, centrica, is to reveal record profits today on the back of a surge in wholesale gas prices linked to the war in ukraine, just weeks after suspending the forced installation of prepayment meters over concerns of its treatment of vulnerable customers. many families are struggling to pay their energy bills, with a quarter losing sleep over it. centrica s boss chris o shea has been urged to waive his bonus. kathryn porter is an energy consultant and founder of watt logic. by by any one s numbers, £3 billion, it is a huge amount of money and it s going to mean a huge amount of criticism today as well from people across the board. is centrica profiteering in your view? board. is centrica profiteering in your view? no, i don t think the are in your view? no, i don t think they are profiteering, - in your view? no, i don t think they are profiteering, the - they are profiteering, the record profits are driven by its upstream business, produc ....

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BBCNEWS BBC News July 6, 2024

hello and welcome to bbc news. banks and governments around the world are nervously watching the european markets to see if the crisis surrounding credit suisse will develop into a global banking crisis. so far the markets seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. and other stocks are up too. but there are concerns that a potential interest rate rise later on thursday by the european central bank could add further volatility to the situation. earlier our business presenter sally bundock explained why the situation at credit suisse was notjust important to the financial community but to all of us: a real worry about credit suisse. if that bank, which is 160 odd years old in switzerland, were to fail, it could have the same effect that the lehman brothers collapse had in 2008, which is it brings a huge amount of fear within markets about the stability of other banks. so people therefore act very q ....

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BBCNEWS BBC News July 6, 2024

hello and welcome to bbc news. banks and governments around the world are nervously watching the european markets to see if the crisis surrounding credit suisse will develop into a global banking crisis. so far things seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. but there are concerns that a potential interest rate rise later on thursday by the european central bank could add further volatility to the situation. earlier our business presenter sally bundock explained why the situation at credit suisse was notjust important to the financial community but to all of us: a real worry about credit suisse. if that bank, which is 160 odd years old in switzerland, were to fail, it could have the same effect that the lehman brothers collapse had in 2008, which is it brings a huge amount of fear within markets about the stability of other banks. so people therefore act very quickly and remove their funds from ....

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BBCNEWS BBC News at One July 6, 2024

from its phones and devices. hopes of a breakthrough today to end the long running pay dispute in the health service. dramatic footage said to show a russian jet intercepting an american drone and dumping fuel in its path over the black sea. and how this avenue of trees in plymouth was cut down under cover of darkness. and coming up on the bbc news channel. a big night for both manchester united and arsenal as they look to make it through to the quarterfinals of the europa league. good afternoon. the chancellorjeremy hunt has been defending his budget saying it will get people back to work and won tjust benefit the rich. but labour says the move to abolish the cap on the lifetimes pensions allowance is a tax cut for the top 1% of earners. it s planning to force a vote in parliament on the issue next week. meanwhile, the independent economic thinktank the ifs has warned households will feel continuing pain over the coming year, with incomes squeezed amid a freeze on ta ....

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