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Transcripts For BBCNEWS Newsday 20240706

put their plan back up for a vote, either every three years or if material changes i think in this case, not putting it up from the vote with the revised targets is an issue from a governance perspective. however, i do not think that that kind of necessitates shareholders directing operational strategies of the board, if that makes sense. it does. what do you say to those campaigners who say that you are only concerned, you and your clients, with helping the company and shareholders in the short term, and shareholders in the short term, and actually, bp made more than £27 billion last year, and it is backsliding on its commitments, and it is yourjob to hold their feet to the fire? it it is your “ob to hold their feet to the fire? , w ., , it is your “ob to hold their feet to the fire? , . , , the fire? it is actually the board s “ob the fire? it is actually the board s job to ensure the fire? it is actually the board s job to ensure that the fire? it is actually t

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Transcripts For BBCNEWS World Business Report 20240706

we begin in the us in what could become the largest product liability settlement in history. the pharmaceutical s giant, johnson &johnson has proposed paying almost $9 billion to settle tens of thousands of lawsuits that allege the company s talcum powders causes cancer. the new move seeks to resolve all current and future claims and follows a decade long legal battle between plaintiffs lawyers and johnson & johnson. my colleague samira hussain with the details. johnson &johnson johnson & johnson has johnson &johnson has been dogged for use by claims that its talcum powder causes cancer. in 2021 it settle a lawsuit in newjersey brought by 21 women who blame the company for that very cancer and is set aside another 2 billion to try to settle all future claims in what could add up future claims in what could add up to thousands of lawsuits. now the company says it will increase the potential size of all settlement to 8 $.9 billion. the company stopped selling it talcum product

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Transcripts For BBCNEWS BBC News 20240706

limits in hand luggage. a ceremony is due to be held in brussels within the next few hours to officially welcome nato s newest member. this nato s newest member. is the scene live in brusse where this is the scene live in brussels, where officials are arriving to witness the raising of the finished flag here. finland has abandoned its long standing commitment to neutrality in response to russia s invasion of ukraine. the head of the military alliance, jens stoltenberg, told reporters it was a historic day; he said it would have been unthinkable just a few years ago. in response, moscow says it will strengthen its military presence in the region. let s listen to what mr stoltenberg had to say. in a few hours we will welcome finland as the slst member of our alliance. this will make finland safer and nato stronger. on this very day in 1949 the washington treaty, nato s founding treaty, was signed in washington and it s hard to imagine a better way of celebrating our anniversary

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Transcripts For BBCNEWS World Business Report 20240706

the chairman of the bank has said he is truly sorry for taking the company to the brink of bankruptcy. credit suisse was taken over last month by its rival, ubs, in an emergency deal backed by the swiss government. shareholders were not consulted about the takeover. let s go live now to switzerland and speak to our correspondent, imogen foulkes. it is interesting if you eat so what has come out of this meeting, the boss they are apologising and also a collapse entirely would have been bad news for the country and therefore this was the least bad option. therefore this was the least bad 0 tion. . , , therefore this was the least bad otion. . , , ., option. that is right. it s a blustery option. that is right. it s a blustery day option. that is right. it s a blustery day in option. that is right. it s a| blustery day in switzerland option. that is right. it s a - blustery day in switzerland but there is a tornado of anger blowing through credit suisse s agm. it is tru

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Transcripts For BBCNEWS Sportsday 20240706

next week. we start off wet across the south east, brightening up behind, sunny spells, but some of those sellers in scotland could turn increasingly wintry. it will be a cooler story rather than cold for many of us because we still have that spring sunshine, and it has a bit of intensity in it now. so temperatures generally around 6 10, the high. certainly it is worth bearing in mind, don t forget, that it will feel that little bit cooler, but actually, it is the start of british summer time. yes, the clocks will go forward during the early hours of sunday morning. we all lose in our s sleep, the daylight hours start to get longer. thank you for the reminder. that is today s bbc news at six. you can keep up with all the latest developments on our website. from the six o clock team, goodbye, but the six o clock team, goodbye, but the news continues here on bbc one, is is time to join the news continues here on bbc one, is is time tojoin our the news continues here on bbc one,

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