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Transcripts For BBCNEWS World 20240705

to shut down the blast furnaces at port talbot. frustration, disappointment is probably the biggest word. disbelief. it sjust been. handled absolutely appallingly in my opinion. also coming up: are pre election handouts ahead? taxes in his march budget. when i look around the world to america and asia, when i look around the world to america iwith sia, when i look around the world to america iwith lower when i look around the world to america i with lower taxes countries with lower taxes have more dynamic, faster growing economies. that s and a sweet business that ran out ofjuice. we look at the rise and fall of the original indian steel giant tata is expected to confirm up to 3,000 jobs will be cut from its british operations. the bbc understands tata is to go ahead with plans to shut down both blast furnaces at its port talbot site in south wales which is the uk s biggest steel plant. the company is intending to replace the furnaces with an electric version which is more

Transcripts For BBCNEWS Verified 20240705

commons. time for a look at the business news now. we start with the unfolding crisis in the red sea and concerns that the continued attacks on cargo ships by yemen s houthi rebels will affect developing countries the hardest. that s the warning from the world trade organization. today the us has launched a fourth round of airstrikes against the rebels the us military said it targeted missiles that could be intended for attacks on ships. as vessels divert to longer and more costly routes that avoid the red sea, supply chains have been disrupted and economists have warned it could add to inflation. the wto s director general, dr ngozi 0konjo iweala, has been speaking to our economic editor faisal islam at the world economic forum in switzerland. iamjoined i am joined here by the director general of the world trade organization. thank you forjoining 0rganization. thank you forjoining the bbc. 0bviously people are concerned about the fluidity of trade given this big geopolitic

Transcripts For BBCNEWS World 20240705

hearing from tata steel, which owns the steelworks in october, it is bad news for the thousands of people who work at that steel facility. we have just been told that tata steel plans to close both remaining blast furnaces at the steelworks and that could come at the cost of 3000 jobs. clearly something which will devastate the local community. stay with us on bbc news for more updates on that story. tata steel says they will close the remaining port talbot blast furnaces at the steelworks with potential loss of up to 3000 jobs. news coming to us from bbc sources, ratherthan jobs. news coming to us from bbc sources, rather than confirmed by tata steel themselves. the unfolding issues around attacks on cargo ships by houthi rebels from yemen, warning from the world trade organization that it could affect developing countries the hardest. today the us has launched a fourth round of air strikes against the rebels, the us military said it targeted missiles that could be intended

Transcripts For BBCNEWS Talking Business 20240707

and supply chains continue to struggle, how quickly can digitising the paperwork bring costs down? i m going to be asking the big boss of the billion dollar start up tradeshift. wherever you rejoining me from around the world, hello and a warm welcome to the show. the world of work has been through a two year revolution, millions of us were locked out of the workplace during the first two waves of the covid pandemic. companies and workers had to retool to remote working, and many did incredibly quickly. for others medical staff, factory workers, those whose jobs were deemed essential they faced work and pressure like never before. and many seem to have also faced burn out. as workers and employers find theirfeet again, a social media craze could change the way we all work. on video sharing platforms like tiktok, videos like these are being shared by millions of viewers and changing attitudes in the workplace. have a seat, veronica. did you tell everyone in the office abou

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