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Transcripts For BBCNEWS Business Briefing 20240713

We start in the tiny state of luxembourg where a legal battle between privacy campaigners and tech giants including facebook reaches a critical moment today. What the European Court ofjustice is advised by one of its top lawyers could affect how the personal data of hundreds of millions of people is handled. Its all about the rules which allow companies to transfer peoples data out of the European Union primarily to the us where most tech giants are based. Its being driven by austrian activist max schrems this who first challenged facebook over privacy as a young law student eight years ago. In 2015 he successfully challenged the eus old system of safeguarding its citizens data when it was transferred to the us arguing it wasnt good enough. If the court agrees that the eus latest system isnt up to scratch then thousands of companies from tech firms to banks to carmakers would have to stop exporting eu citizens data. Under new general Data Protection regulations gdpr they could be fined

Transcripts For BBCNEWS The Briefing 20240713

With me is inga beale, from london first, a not for profit group made up of Business Leaders from across the city. Whats this story in the times . People might say how on earth can people tap into something ahead of it being broadcast . Its very interesting. The official rout forgetting news out from the bank of england is via bloomberg. At the bank of england put in place some time ago a backup in case the video link via bloomberg failed, they put ina backup link via bloomberg failed, they put in a backup audio feed. Its that backup audio feed that people have been managing to hack into, they have been putting microwave pieces of equipment on top of buildings, and theyve been tapping into an audio feed that was designed as a backup. The bank of england as soon as they discovered this or were alerted to it stopped it so it can no longer happen. Thats how they did it. So it is this digital age again, some people make millions out of it by able to do does make being able to do speed trad

Transcripts For BBCNEWS BBC Newsroom Live 20240713

To whitewash the scale of its election defeat. The result has brought shame on us. We let our country down. To go into an election at any time with such a divergence between party and people is unacceptable. President trump faces a vote on removing him from office today he writes a furious a letter to top democrat nancy pelosi in which he claims shes declared open war on american democracy. And bulls eye. Fallon sherrock becomes the first woman to win against a man at a darts World Championship. Im an disbelief what id just done. Looking back on it im so proud of myself but at that moment in time ijust couldnt believe what id done, im still lost for words how i felt. And learning to play the piano, without a piano. How one man defied the odds to play at International Concert venues good morning, welcome to bbc newsroom live. More than 15,000 nurses have gone on strike across Northern Ireland to protest about pay and safety levels. Its the first time in its 103 year history that members

Transcripts For BBCNEWS Afternoon Live 20240713

Thousands of nurses in Northern Ireland have begun so lets go live to capitol hill. A 12 hour strike over pay and patient safety. The house of representatives this is the chamber in the us in washington has started house of representatives. The process of impeaching the house has just been called President Trump. To order with a prayer, then the pledge of allegiance. 19 year old Ayoub Majdouline has been sentenced to life with a minimum term of 21 years for the gang murder of 14 year old jaden moodie. Coming up on afternoon things will kick off for the day of impeachment. For the first hour, we live, all the sport. Will hear debate about the rules of this process. This is from the rules european champions liverpool kick off against monterey shortly and the committee of the house, there are 13 clu b world off against monterey shortly and the Club World Cup out in doha, at stake people on that committee, nine for them is a place in the final democrats and four republicans, and against so

Transcripts For CNBC Closing Bell 20240713

Biggest loser. You just heard from courtney, after missing on earnings and slashing that forecast joining us for the full first hour, wealth management. Josh, as we just mentioned, fedex down a full 10 on earnings whats your take on that its important to point out that this trend in fedex stock actually began in january 2018 its been falling almost two years straight with very little respite on the way down. At this point, i think the answer, what you do with fedex, differs if youre a trader or an investor if youre a trader, youre not buying the stock i dont think theres any Material Support looking back at a tenyear chart until about 119, 120 that was prior resistance. It broke out it has retested that level before successfully. Thats where i would look at a tradeable bottom were not quite there yet. If youre an investor, you have to look at this moment to say this is maybe conceivably the most confluence of events. Having trouble integrating the tnt acquisition, thats a headwind ther

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