Propaganda,o speak but to talk about their leadership and how it has harmed iran. Matt from the german capital berlin, good morning. Nejra i want to quickly go through numbers out of renault, the french carmaker. Linyear revenue, the top e, close to last years level. Previously it saw a rise, so Renault Joins the slew of carmakers cutting back on the forecast, the outlook for the year, with slowing auto demand in europe, down 1 , down 7 in china last month. We see a global slowdown of autos, and renault is joining. We will talk to their ceo later on today, just after 9 00 a. M. This morning. Nejra . Nejra u. S. Equities yesterday fell from record highs. All 11 Industry Groups fell on the s p 500. Futures are a little higher on the s p 500, up 0. 2 . In europe, the big story was mario draghi, somewhat undoing what the ecb statement said, hinting rate cuts and more stimulus, but mario draghi says there may have been different views on the governing council, and that the risk of recession
And events costs are set to climb higher through the remainder of 2023 and into 2024, due to inflationary pressures. Joining me now is suzanne neufang, whos the ceo of the Global Business travel association. Welcome, good morning. Is this a surprise . Its been awhile since pandemic now. I a surprise . Its been awhile since pandemic now. A surprise . Its been awhile since pandemic now. I wish it were. Since pandemic now. I wish it were but since pandemic now. I wish it were. But in since pandemic now. I wish it were. But in shortterm since pandemic now. I wish it were. But in shortterm memory, were. But in short term memory, just a year ago we were still really from omicron variant s. So we did expect last year that it would be a slower recovery so we were delighted at this time time last a great deal of this you will show another 32 . We added last year at about a trillion us dollars and we should get about 1. 4 trillion as you say by the end of 2024. Are there any areas in particular
Customers what does it mean for their customers and this was originally a uk lifestyle brand, so what does it mean for the employees in the uk . figs mean for the employees in the uk . Sis you mean for the employees in the uk . Is you say it is a turn for a company that started specialising in menswear in the 19805 and now has grown nearly 50 stores and nearly a thousand employees. They sell online and operate within department stores. Under conditions like this it would be reasonable to expect that a sale could result in job losses even into the hundreds and they did not indicate what that could look like but we heard from the chief strategy and transition officer for authentic and he said hopefully some consolidation at the brand and it will still be Available Online and in store spot for employees and stakeholders, he said we wish there could have been a better outcome but for employees. Authentic brands group is the owner of ted baker, since 2022, but the acquisition happened afte
The governments Finance Department to make it support Economic Growth. But the governments Chief Secretary to the treasury laura trott says labour are offering no plan just more borrowing and more taxes. So what are the priorities for british businesses . Joining me now live is the Chief Economist of the confederation for british industry. What does the cbi and its members need to hear from a prospective chancellor back . Often the criticism of not enough detail. What would you like to hear . What businesses would like to hear . What businesses would like to hear is a long term vision and strategy for how to deliver Economic Growth in the uk, and we know our challenges of growth in the last couple of years has been lacklustre and in terms of Living Standards we have not seen the growth and productivity that we need so what is the answer to that . It is absolutely how business works with government to make sure we have a Business Investment going across all sectors and regions in our ec
Gps, the Global Public square. Welcome to all of you in the United States and Around The World. Im Fareed Zakaria coming to you from new york on todays program, Bibi Netanyahu approves plans for an assault on rafah at one of the most powerful democrats in washington says israels Prime Minister must go ill ask The Middle East scholars should be to homie, to make sense of these developments also, the clock may be ticking on the future of tiktok in the United States the house has voted for legislation that could ban. Now it is up to the center to ban or not to ban. We will have that debate then. The ai nightmare, Silicon Chips deciding whom to kill and whom say if this isnt happening right now on the battlefield, it is likely to happen soon enough. I will ask an expert what we can expect and what we can do about the Ai Warfare Revolution but first, heres my take. In a recent interview with Russian State Tv, Vladimir Putins had something that was in his words important for us ourselves and