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BBCNEWS Business Today October 10, 2024 - Vimarsana News

BBCNEWS Business Today October 10, 2024

States have sued the social media platform, accusing it of helping to drive a mental health crisis among teenagers. A bipartisan group of 1a attorney generals from across the country allege the company uses addictive features to hook children to the app. They also claim it's intentionally misled the public about the safety of prolonged use. Tiktok has called the lawsuit disappointing. The platform is already battling a law passed by congress in april that would ban it from the us unless a chinese parent company agrees to sell it. Details now from new york. To sell it. Details now from new york...

BBCNEWS Business Today October 10, 2024 - Vimarsana News

BBCNEWS Business Today October 10, 2024

5,500 additional gigawatts of renewable capacity to come online between now and 2030. That's more than the current power capacity of china, the european union, india and the united states combined. China is leading the pack, responsible for 60% of the additional output. And solar is winning the renewable race, making up 80% of the forecasted growth. But electricity infrastructure is not keeping up. Up to 10% of renewable energy is going to waste because it's not able to be stored at times when more is being generated than needed. For more, joining me now the iea's executive director, dr fatih ...

BBCNEWS Business Today October 9, 2024 - Vimarsana News

BBCNEWS Business Today October 9, 2024

The issues china is facing. Short of these stimulus packages, we don't know a great deal about where the money is being spent. Would you be looking for in order to try and turn these futures around 7 one of the big issues is the banking system is huge in china, it is loaded with bad debts. It's been forced to lend to bad projects for so long so the first thing to do is rescue the banks of this is something that the fed did after the financial crisis. —— system. Instead of giving them more money to lend and using that money to set up a fund, buy from them all of the bad assets and let them ...

BBCNEWS Business Today October 9, 2024 - Vimarsana News

BBCNEWS Business Today October 9, 2024

Live from london, this is business today. We start with uber, the us Tech Firm that has become a global transport giant. Around The World some 6 Million people work as drivers and couriers through the uber app, and their services are used by 150 Million people at least once a month. Well, the boss of uber, dara khosrowshahi, has been talking to our business editor simonjack, about their plans to make the firm greener and get more of their drivers using Electric Cars. But hes worried that trade tensions with china are getting in the way. The us and europe are hitting chinese Electric Cars with ...

BBCNEWS Business Today October 9, 2024 - Vimarsana News

BBCNEWS Business Today October 9, 2024

After the chinese government chose not to announce any additional measures today. Chinas chief economic planning official, zheng shanjie, told a Press Conference earlier hes � fully confident� the country can hit its 5 Growth Target for the year and had no further policies to reveal to boost chinas struggling economy. For more im joined by Alicia Garcia Herrero chief asia pacific economist at the bank natixis. Has that disappointed investors . Did they expect more . Yes they did because there was already a softening of the market overseas. Of course the chinese market was already closed. B...