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BBCNEWS World Business Report July 6, 2024

today, the business headlines will be dominated again by the huge profits made by one of the world s top oil companies. this time it s the turn of bp its latest results are out in an hour and a half and it is expected to reveal it s made substantial sums in the last quarter. last week, shell announced it made record annual profits of nearly $40 billion in 2022, double the previous year s total and the highest in its 115 year history. energy firms have seen record earnings since oil and gas prices jumped following the invasion of ukraine. dr carole nakhle is chief executive of crystal energy, a consultancy that provides advice, research and training to the energy sector. thank you for being on the programme. if we look at the numbers to begin with will bp be record numbersjust like be record numbers just like shell? be record numbersjust like shell? i be record numbers “ust like shell? ., ~ , shell? i don t think bp will be an outlier shell? i don t think bp wil ....

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US considering more than $10 billion in subsidies for Intel

The U.S. Department of Commerce and Intel have declined to comment on negotiations for over $10 billion in subsidies to the company. The package is likely to include loans and direct grants. ....

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Why is TSMC Building a Semiconductor Chip Factory in Germany?

With a focus on supply chain resilience and expansive production capacity amid global economic shifts, the world s biggest semiconductor chip producer TSMC invests billions in a German chip facility. ....

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BBCNEWS The Context June 4, 2024 19:12:00

Ng bidding factor. for electric vehicles we almost make every component they need to produce an electric vehicle. we also have a high skill labourforce. an electric vehicle. we also have a high skill labour force. we an electric vehicle. we also have a high skill labourforce. we have outstanding relationships with academia and r and d, so it is really important to build on that and make sure that we have that progress for the next few years. aha, progress for the next few years. a lot of comments about the subsidy package. dft is reporting tonight £500 million invested through subsidies, road increments and research funding full is that the model was mac road increments and research funding, is that the model? ultimately. at the announcement today ensures is the uk remains ....

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BBCNEWS World Business Report June 4, 2024 05:44:00

Defender of the faith. this is bbc news the latest headlines: the death toll keeps rising following the massive earthquakes that rocked turkey and syria more than 4,300 people have died. rescue teams have been working overnight in freezing conditions as they desperately search for survivors. france s economy minister bruno le maire and his german counterpart, robert habeck, are in washington in an attempt to ease tensions between the eu and the us following america s inflation reduction act. the ministers will meet with us commerce secretary gina raimondo and treasury secretary janet yellen. the ira would offer a subsidy package of almost $370 billion ....

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