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Transcripts For BBCNEWS Business Today 20241009

Live from london, this is business today. We start with uber, the us Tech Firm that has become a global transport giant. Around The World some 6 Million people work as drivers and couriers through the uber app, and their services are used by 150 Million people at least once a month. Well, the boss of uber, dara khosrowshahi, has been talking to our business editor simonjack, about their plans to make the firm greener and get more of their drivers using Electric Cars. But hes worried that trade tensions with china are getting in the way. The us and europe are hitting chinese Electric Cars with hefty Import Taxes or tariffs to protect their own auto makers, making them more expensive. I think cheap chinese vehicles are a good thing for the environment. And i would tell you that china is transitioning from notjust being cheap but also being high quality and for us, we want to electrify our fleet and make sure it is affordable for our drivers to switch over to evs. The political considerat

Transcripts For BBCNEWS Business Today 20241009

After the chinese government chose not to announce any additional measures today. Chinas chief economic planning official, zheng shanjie, told a Press Conference earlier hes fully confident the country can hit its 5 Growth Target for the year and had no further policies to reveal to boost chinas struggling economy. For more im joined by Alicia Garcia Herrero chief asia pacific economist at the bank natixis. Has that disappointed investors . Did they expect more . Yes they did because there was already a softening of the market overseas. Of course the chinese market was already closed. But already by friday you could see overseas markets waiting for more on the fiscal side. This Press Conference was announced in china and there was a big expectation that it would go beyond the 2 trillion. That they had an officially announced. The reality is they didnt even fully confirmed that and the markets remained a little bit surprised that they would call a Press Conference for such little infor

Transcripts For BBCNEWS BBC News 20241008

Last track that was played that morning of october 7, before the music stopped. And at 6 29am local time the music stopped again this time, to remember and mourn the victims. 364 people were killed at the Festival And A0 others were taken hostage by hamas. That is the scene live in israel, marking the first of a number of commemorations and Memorial Ceremony that will take place throughout the day. Friends and families of those who were killed or are indeed missing. Speaking to other families there, sharing their memories of that day. We can speak to mitch aloe hannah, who was attending the Nova Festival when Hamas Government attacked. Michal michathana. It michal ohana. It is good to have you with us. Today is a day to remember. I wonder how you will remember those events a year on . I you will remember those events a year on . A year on . I am here in australia a year on . I am here in australia today. A year on . I am here in australia today. I a year on . I am here in australia tod

Transcripts For BBCNEWS Business Today 20241008

By hamas gunmen took place just before 6 30 local time. More than 300 young people attending the festival were killed, others were taken hostage. It has been called israels 9 11 by some, and like the attack on the world trade center, its had massive repercussions around the world in both politics and economics. Michelle fleury has more on the Global Impact one year on. The middle East Conflict could add to the risks already facing the global economy. The escalation comes at a time of uncertainty around the upcoming us election and as china tries to stabilise its struggling economy. Economists warn the war could push up inflation if Trade Routes are disrupted, causing the cost of Oil And Shipping to rise. A bigger concern is whether any escalation could rock the straits of hormuz, a major shipping channel. 0ne straits of hormuz, a major shipping channel. One third of Oil Tanker Traffic and a fifth of Lng And Gas passes through there. The Oil Markets are already reacting. The price of Br

Transcripts For BBCNEWS BBC News 20241008

Hello, Im lewIs vaughanjones. Welcome to Bbc News. MemorIal events are takIng place In Israel and Around The World to remember the vIctIms of the Hamas Attacks on Israel exactly one year ago In whIch nearly Twelve Hundred people were kIlled and 250 taken hostage. In Israel, shortly after daybreak, presIdent Isaac Herzog joIned a MemorIal ServIce at the scene of the Nova MusIc FestIval markIng the moment It came under attack. More than Three Hundred and fIfty people there were murdered. FamIlIes explaIned why theyjoIned todays vIgIl. ThIs Is the ceremony, thIs Is where she was, thIs Is where she was happy In her last moment. It was here. We lost our son here. Moment. It was here. We lost our son here. He moment. It was here. We lost our son here. He was moment. It was here. We lost | our son here. He was murdered at nIne our son here. He was murdered at nIne oclock. 0ne our son here. He was murdered at nIne oclock. One year past, It Is at nIne oclock. One year past, It Is amazIng. We do

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