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Transcripts For BBCNEWS World Business Report 20240707



welcome to the programme, packed with dairy delights. but we first must talk about twitter. will he won t he? the question of whether elon musk would buy the social media network twitter. it has been a six month roller coaster since mr musk first made his offer in the middle of april. having struck a deal soon after, in earlyjuly the worlds having struck a deal soon after, in earlyjuly the world s richest man revealed he d changed his mind and intended to pull out of the deal. that sparked a legal battle over whether mr musk should be compelled to uphold his promise. now he says he will go ahead after all. a few hours ago he tweeted: it s understood this app would mirror china s wechat app, which combines social media, instant messaging and payment facilities. mr musk went on to say the twitter acquisition would probably accelerate the x app by three to five years. here s samira hussain in new york. it was only six months ago when elon musk agreed to buy twitter for $ ....

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Transcripts for BBCNEWS World Business Report 20240604 04:47:00

Chinese currency is on course for the worst year for decades against the us dollar, and that speaking investors. what exactly has gone wrong? zero covid 19, that policy is wreaking havoc, covid 19 outbreaks in several cities are hurting economic activity across industries, also people aren t spending money on things like food and beverage, retail or tourism, like food and beverage, retail ortourism, china like food and beverage, retail or tourism, china makes like food and beverage, retail ortourism, china makes up like food and beverage, retail or tourism, china makes up a third of output but it is having a real crisis, homebuyers are refusing to meet mortgage payments because they are not sure homes will be completed and developers are fast running out of cash crop climate change is making things worse, heatwave and drought this year have had a lasting impact on china s factory activity, affecting iphone makers and auto companies and the regulatory crackdown on the chinese tech times ....

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