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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...

BBCNEWS Business Today - NYSE Opening Bell October 9, 2024 - Vimarsana News

BBCNEWS Business Today - NYSE Opening Bell October 9, 2024

The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers were being unfairly harmed. It follows the eu pushing ahead with tariffs of up to 45 of chinas Electric Vehicles which it ...

BBCNEWS Business Today October 8, 2024 - Vimarsana News

BBCNEWS Business Today October 8, 2024

Pacific. According to these findings, the region is expected to see a slowdown in growth next year, partly due to a lack of postpandemic recovery from china, the well*s second largest economy. A look at the report, joined by chief economist at your expecting a stage in pacific growth to slow due to the chinese slowdown. What steps can countries in this region take an urge to mitigate some impacts? take an urge to mitigate some imacts?. * , impacts? you're absolutely riuht. Impacts? you're absolutely right jen _ impacts? you're absolutely right. Jen has _ impacts? you're absolutely right. Jen h...

BBCNEWS Business Today October 8, 2024 - Vimarsana News

BBCNEWS Business Today October 8, 2024

For chinese shares. A good day for china investors today. Not a huge surprise given a number of factors impacting on the china markets today, the largest of course being stimulus and hopes of more stimulus. Just before the golden week holiday we heard of a number of measures designed to boost china's economy, including a cut in rates as well as extra liquidity to boost the bank lending and about $350 billion to support china's stock market as well. The recent stimulus measures, have are chemical in generating and changing what are often some structural problems that come about in the chinese e...