A short time ago my colleague Sally Bundock spoke to a board member of the future Investment Initiative, matteo renzi, who was also Prime Minister of italy. He told her what the initiative is all about. Future Investment Initiative tried to offer a platform of dialogue, particularly in business and correctly you explained the quality. One point, european. 400 ceos from europe as well as china, discussing here the initiative that became one of the most attractive and brilliant possibilities of exchange. Last time was in the army the next time will be in hong kong but this is the pillar of the initiative of f at the same time, there are a lot of tensions in the economy so we need a new campus is the new title of this initiative. A new campus to understand what would be best for business and politics. Light to what extent is whats happening in israel and gaza are overshadowing this event now . I believe that everything thats happened in the last two years on the border is an unbelievable
This comes, of course, after an incident injanuary this year, when an unused door blew out soon after take off on an Alaska Airlines 737 max, sparking multiple investigations into boeings safety culture. Boeing ceo, dave calhoun, who took over in 2019, after the previous boss was fired, has announced hes leaving at the end of the year. But who will take on the role, now described by some as the toughestjob in Corporate America . Some shareholders want to see a new face from outside the firm. And there is another bone of Contention Boeing Has disclosed mr calhoun was awarded a pay deal of almost 33 Million Dollars this year up 45 on last year. Thats despite a steep fall in the share price. He may not get the full amount of share options, though, if he does step down at the end of the year. To talk us through what could be a tense meeting, lets speak to barry valentine. He has a0 Years Experience in the aviation industry, and has served with the us federal Aviation Administration. He now
The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell had said just a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing raises their hopes the Interest Rates will be cut sooner rather than later. Now more investors expect the fed to make its first rate cut in september and a second in december. As we have been reporting on news day, russiare president has arrived in china for a two day visit. It comes as moscow has become more dependent on beijing following its invasion of ukraine more than two years ago. Trade numbers hit record highs last year as china bought discounted russian oil in the face of sanctions. You can weep up with the latest on president putins trip by our live payment on
Welcome to the programme. We begin in beijing, where russias president Vladimir Putin has just landed. Hes set to meet his chinese Counterpart Xijinping later. Its mr putins second trip to china in just over six months, perhaps underlining the importance to moscow of the relationship after the unprecedented sanctions its facing as a result of the war in ukraine. Nonetheless, the Chinese Government seems to be looking forward to the summit. China and russia regarding cover as comprehensive, critical and cooperative partners in the era and relationships have continued to develop healthily with leaders of the two countries maintaining close contacts. Lets assess how close that relationship is. Mr putins trip to beijing is his first outside of russia since he was sworn in for a new six year term as president last week. The two leaders have met on a fairly frequent basis in the last few years and seem to get on quite well. In 2019 mr xi went to russia on a state visit, referring to mr putin