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Transcripts For BBCNEWS BBC News 20240706

the temperature up here in the alps is rising by about twice the global average. it s already increased by 2 degrees celsius. and 20 years since the us led coalition invaded iraq to topple dictator saddam hussein, we look at the legacy. hello and welcome to bbc news. the world s financial markets have reacted with unease following last night s emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe have dropped sharply. credit suisse was bought by rival swiss bank ubs in a deal brokered by the swiss government over the weekend. here s the chief executive of ubs explaining the rationale behind the deal. translation: it means we bring back stability and security for credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally it means we are stemming the turmoil in the international financial

Bbc newsBanking sharesTop storiesEmergency takeover of switzerland s second biggest bankAnnita mcveighCredit suisseBoris johnsonVladimir putinXi jinpingDowning streetTo moscowClimate changeDuring covidYea rs of researchSaddam husseinUs led coalition

Transcripts for BBCNEWS BBC News 20240604 11:11:00

we can see this concerted action by government to shore up confidence and we have had a statement from the bank of england. that s right, amongst the authorities reacting to the sell off in european trading, big falls in the share prices of financial firms, big falls in the share prices of financialfirms, banks in financial firms, banks in particular, financialfirms, banks in particular, hsbc and natwest and barclays and also in germany and france. so widespread fears this could be a sign of a bigger problem and the banking industry despite the fact credit suisse has a deal socratic problems. the bank of angled statement is a measure to reassure that the financial system is stable, we have heard similar from the german chancellor who said they welcome the move by the swiss authorities to force ubs to buy credit suisse at the situation is not comparable to 2008, the

Bank of englandShare pricesBig fallsEuropean tradingBanks in particularCredit suisseBanking industrySwiss authorities to force ubs

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Detailed text transcripts for TV channel - CNN - 20170630:09:56:00

iraq. thank you. let s look at your money. this final trading day of the first half of the year. global markets mostly lower after the blistering sell-off in tech stocks. names like apple, google parent alphabet, microsoft, lower, pushing the dow down 168. nasdaq down 1.5. what is going on? the dollar had the worst quarter in seven years. and bond yields are rising. bond yields are rising, there s a global expectation the central banks will raise rates. that as investors selling to big dividend tech plays and moving things to bank stocks, banks in particular, because they will be able to give big dividend payouts because they passed their stress tests. a great year for stocks. the dow and s&p 500 up 8% this year. the nasdaq is up 14%. look at that. right now, futures, though, flat again on the last trading day of the first half of the year. if you live in one of these places, you may start earning a little more. maryland, oregon, and at least five cities are hiking their minimum wa

Dow down 168Google parent alphabetBond yieldsBanks in particularBig dividend tech playsNasdaq down 1 51 5Stress testsDividend payoutsSp 500Trading dayMinimum wage hasn t