concerning amid a persistent property crisis and soft domestic consumption. for clues on what the second half of the year could bring, i'm joined byjameel ahmad, if you look at this of the 500, and record highs of 35 and those of the types of records that be taking place that cristiano ronaldo would be jealous of mr v catnip it wasn't as us stock markets but those all—time highs and bit coin, gold and we should talk about the supercharge as well becoming the largest company in the world market capitalisation were generally speaking, some solid fundamentals despite the policy pretty much generation in the united states and very strong but he pointed out earlier that the biggest question now is the uncertainty around the federal reserve and the central bank and monday will finally begin new interest rates. ~ . ~' will finally begin new interest rates. . ~' , will finally begin new interest rates. ., ~ , ., rates. what you think is going to happen _ rates. what you think is going to happen with _ rates. what you think is going to happen with the _ rates. what you think is going to happen with the pace - rates. what you think is going to happen with the pace that l to happen with the pace that they might have? the to happen with the pace that they might have?— to happen with the pace that they might have? the base will be slow. september _ they might have? the base will be slow. september is - they might have? the base will be slow. september is likely i they might have? the base will| be slow. september is likely we cannot rule out that he might be pushing towards christmas by that i mean december. in the us central bank for the journey to cut into to pull the trigger but for the swiss national bank and we're expecting to see the bank of england with interest rates for the coming months of the us economy with growth slowing but still performing reasonably well at the same point if you look at corporate entities and the trajectory of inflation which is dropped from 9% two years ago all the way down to 3% and this lost a lot of weight but strangled bit above 3% was the united kingdom, inflation is starting to get close to the target and when it comes to this, as september is likely to initiate overall cede the interest rate cut but not as much as the market wanted. to cut but not as much as the market wanted.— cut but not as much as the market wanted. to think things will change _ market wanted. to think things will change in _ market wanted. to think things will change in the _ market wanted. to think things will change in the next - market wanted. to think things will change in the next six - will change in the next six months?— will change in the next six months? .,~ ., ,, months? speaking of speed, went to take into _ months? speaking of speed, went to take into account _ to take into account perspective the china was under lockdown and things are getting better but the reality is that china is going to an economic evolution that is different than the quality of sea from china in the future is not the same as the double digit growth expect years ago and the growth is still going to be good for the domestic economy but the issues at hand is that the global economy became so sensitive reliant on demand from china for their goods but is china slowing down, less demand for experts and then there is wide people are worried about what is happening with china. felt the company at $7.3 billion they could ever deal still having regulatory approval in the spirit systems are working through it currently. marching in asia and arriving in stores across china, japan, singapore and hong kong. but as the first time the vision pro has been available outside the us and to reports, the reality headset as an 18% more in its price than in the us. turning to the pharmaceutical industry, where the world of weight—loss has been revolutionised by a new wave of drugs. ozempic is probably the most famous, becoming a byword for rapid weightloss among hollywood celebrities due to its appetite suppressing properties. us pharmaceutical giant eli lilly has similar offerings of its own and their popularity has sent its share price soaring. the bbc�*s sean farrington spoke to the company's boss and started by asking him how much of an impact these drugs will have on the world. obesity is known and has been shown with surgical intervention studies but also and lifestyle intervention studies and you can mitigate which contorted and you can mitigate downstream disease and some scale and estimates that 40% of health care costs may be paid more than that of chronic disease for adults is connected directly to overweight and obesity. and disease and diabetes but many others and conditions can be impacted by obesity and we know that people can lose weight which is always the first line of care and long—term studies in surgical interventions and shorter—term studies like medicines lily makes and we can reduce the diseases that are downstream of overweight and obesity if that plays out in medicine works by diet and exercise doesn't surgical interventions, we give it a chance to address a0 or 50% of the diseases which is a pretty significant impact on the world. wiping as a first line of terrorism diet and exercise, what are the concerns of the skin of terrorism diet and exercise, what are the concerns that this could overtake that concept is the first line of care, inject something in you and take a pill instead of actually improving your lifestyle? i see that in social media and lifestyle and in medical circles but our position as a company in our point of view and i would do her clinical studies is important, the day that we demonstrate for medications always as diet and exercise and daily movement depending on their abilities as the baseline of care and we add or do not add the to see the difference. this should always be the case and i think there's great evidence of long—term prevention if you want revenge these diseases that are driven by obesity, the best way to prevent those diseases is maintained along long—term of the diet. maintained along long-term of the diet. . the diet. the new vice president _ the diet. the new vice president of _ the diet. the new vice president of the - the diet. the new vice i president of the finance minister. the appointment was made last friday at the same day the japanese currency was trading at 161 per us dollar. the lowest level in 38 years. turning now to the euros, where the round of sixteen kicked off over the weekend. england, spain, germany and switzerland have all made it to the quarterfinals. this year's tournament in germany is estimated to generate over two—point—five—billion dollars. key to that revenue is sponsorships, and this year, six of the sponsors are from china, including aliexpress, vivo, and electric vehicle maker b—y—d. to understand why chinese brands are taking an interest in the european market, despite rising trade tensions between china and the eu, let's bring in sporting sponsorship expert ben cronin. they have the appetite and the money to be able to do it they have the appetite and the money to be able to do- money to be able to do it and that's necessarily _ money to be able to do it and that's necessarily been - money to be able to do it and that's necessarily been the i that's necessarily been the case due to western brands in most cases, they want to use the event to build market shares but it also allows them to reach consumers in asia it is a truly global event and watched all around the world and is also evidence that chinese brands like the fact that national team football is less tribal and more family—friendly than club football and they're attracted to these big flagship moments of national pride is not an entirely new phenomenon in they have sponsored the tournament before. there's been a lot of talk about eu and china and tariffs, but byd the ev maker is the only carmaker sponsoring the euros, beating out bmw, audi etc — why is that? thousand very striking deal for the people and i know you if you certainly tried to get the brand to sponsor the event and volkswagen and euro 2020, they opted not to renew for cost discipline reasons a number cds over the opportunity to sponsor the event they also declined and german brands of some of the consequences of the scandal and also slow ev sales and be white he has stolen a bit of a march of them in terms of their ability to develop affordable high—quality hybrid vehicles. a part of the billion dollar club, the animated film is the top grossing film of a202a on sunday, it is the first movie date that milestone since warner bros. part b cross the mark last year. barbie crossed the mark last year. and that's it for this edition of business today. thanks for watching. hello. you're watching sportsday on bbc news. i'm ben croucher. better late than never. england reach the last eight at the euros. but they did it the hard way! there was late drama in austria too. we'll show you how george russell was handed his second f1 win. and andy murray's leaving it late. on the eve of wimbledon, the two—time champion is still to decide is he'll be fit. so as expected — spain and england into the last eight at the european championship. simple as that right? doesn't quite tell the full story. we'll kick off sportsday in gelsenkirchen where england were barely a minute away from crashing out of the tournament. they needed extra time to beat slovakia 2—1. despite topping their group — gareth southgate's side have done little to catch the imagination so it was perhaps little surprise when slovakia led through ivan shranz. it took until the 95th minute for england to even muster a shot on target.
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