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Transcripts For BBCNEWS Business Today 20240925

After the us justice department sued america s largest card network, accusing the company of illegally monopolising the debit card market and driving up prices for businesses and consumers. Lifting us financial markets, well, there was a sharp rise in al darling nvidia s stock price. That was after the company said its ceo, jensen huang, was done selling stock in the chip maker for now. And china s wave of stimulus to jolt its ailing economy, well, that also boosted us stocks that have exposure to china. So far this week, it has been light on the economic front, with investors still digesting that rate cut from the federal reserve. But on the economic calendar, things should pick up as the week goes forward. As michelle mentioned, the usjustice department has filed a lawsuit against visa. It says the world s largest payments processor illegally stifled competition to maintain a monopoly over the us debit card market, through means like paying off potential competitors. Visa says the cl

Transcripts For BBCNEWS Business Today 20240925

After the us justice department sued america s largest card network, accusing the company of illegally monopolising the debit card market and driving up prices for businesses and consumers. Lifting us financial markets, well, there was a sharp rise in al darling nvidia s stock price. That was after the company said its ceo, jensen huang, was done selling stock in the chip maker for now. And china s wave of stimulus to jolt its ailing economy, well, that also boosted us stocks that have exposure to china. So far this week, it has been light on the economic front, with investors still digesting that rate cut from the federal reserve. But on the economic calendar, things should pick up as the week goes forward. As michelle mentioned, the usjustice department has filed a lawsuit against visa. It says the world s largest payments processor illegally stifled competition to maintain a monopoly over the us debit card market, through means like paying off potential competitors. Visa says the cl

Transcripts For BBCNEWS Business Today 20240925

The Usjustice Department sued americas largest card network, accusing the company of illegally monopolising the Debit Card Market and driving up prices for businesses and consumers. Lifting us financial markets, well, there was a sharp rise in Al Darling nvidias stock price. That was after the company said its ceo, jensen huang, was done Selling Stock in the Chip Maker for now. And Chinas Wave of stimulus to jolt its ailing economy, well, that also boosted us stocks that have exposure to china. So far this week, it has been light on the economic front, with investors still digesting that Rate Cut from the federal reserve. But on the economic calendar, things should pick up as the week goes forward. As michelle mentioned, the Usjustice Department has filed a lawsuit against visa. It says the worlds largest Payments Processor illegally stifled competition to maintain a monopoly over the american Debit Card Market, through means like paying off potential competitors. Visa says the claims

Transcripts For BBCNEWS Business Today 20240923

Pledge to address corruption and reduce economic burden on true lancome. And that resonated with citizens who have been burdened with high living costs and rising poverty, even at a time when the economy overall seem to have stabilised. Now, anura kumara dissanayake promise to cut income taxes and slashes tells taxes on food and medicine, his also promised to renegotiate terms of the imf programme to make it easier for sri lankan. But experts say that he can manage to realistically deliver and fund the populous promises, while balancing sri lankan s. The foreign reserve is at $6 billion that can last forjust three months. Imf bailout line that forced his territory in order to boost government revenues is also halfway through and a deal to restructure the huge foreign debt by still not finalised. Stabilising the economy and manoeuvring lenders especially bilateral partners india and china will be one of the first test. This party so far has had a no experience in running a government, e

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