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BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

hello there. we start with the cost of living. we are expecting to hear in the next few hours what the uk government plans to do to help consumers with soaring energy bills. they could see hundreds of pounds knocked off bills this winter, as part of a package of support worth at least £10 billion, largely funded by a one—off windfall tax on energy companies. annual household energy bills here in the ukjumped by an average of £700 in april when the uk regulator ofgem raised the cap on what suppliers can charge. and ofgem has warned they will have to rise by a further £800 in octo...

BBCNEWS World July 3, 2024 - Vimarsana News

BBCNEWS World July 3, 2024

They get from the canal almost halving. On top of that, and despite a recent bailout from the International Monetary fund, the economy is facing pressures on various fronts, with the war in gaza also hitting tourism. Really important egypt. Egypts president Abdel Fattah Al sisi begins his third term in office today after an election where he faced no serious challengers. During his Inauguration Speech the president emphasised his intention to maximize the economic role of the suez canal. With me is mohamed taha from our bbc arabic service. Good to have you. To start, explain why this was canal...

BBCNEWS Business July 2, 2024 - Vimarsana News

BBCNEWS Business July 2, 2024

1a years ago, the Us Government approved the merger with ticketmaster. Since then, live nation has grown into a powerhouse, but the government is sueing and calling it a monopoly to squash competition. In a press conference on thursday, the attorney general Marek Garland pointed to the exorbitant fees and technological failures that have angered concert goers and artists and cold the companys conduct anti competitive and illegal saying it is time to break it up. Metres of ubiquitous and the Live Entertainment industry. It controls at least 80 of Primary Ticketing and major concert venues, it d...

BBCNEWS Business July 3, 2024 - Vimarsana News

BBCNEWS Business July 3, 2024

Is planning to buy some of those apartments, relax the rules on Mortgage Borrowing and step in to put the finishing touches on unfinished units. Separately, one of those big developers, Country Garden holdings, was today given another four weeks by the high court in hong kong to sort out its 190 billion of debts before hearing a petition from debtors to wind the company up. Duncan wrigley, Chief China Economist at Pantheon Macroeconomics joins us. What do you make of what weve heard today . Is it enough to contain the chinese Property Crisis . Yes, i think what weve heard today is from various...

BBCNEWS World July 3, 2024 - Vimarsana News

BBCNEWS World July 3, 2024

As soon as possible. On wednesday, us President Joe Biden and egyptian president Abdel Fattah Al sisi agreed to open up the Rafah Crossing, to allow up to 20 trucks of aid into gaza. But President Biden has warned the shipment is not likely to cross until friday, because repairs to the road are needed. Of course, our website has a live page updating all the time if you wish to give across that news. Now on to business and we start with netflix its shares have been surging, after the Streaming Giant said it signed up almost nine million new subscribers in the last three months. Thats way more t...