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Transcripts For BBCNEWS World Business Report 20240707

if you have just joined if you havejustjoined us, good to have you with us. we begin with the soaring cost of energy. as governments and central banks grapple with rising inflation and a cost of living crisis, the world s biggest oil company announces record breaking profits. the saudi oil company aramco revealed it made more than $48 billion in profits in the second quarter of this year. the eye watering sum marks a 90% year on year increase and the biggestjump in earnings for the world s largest energy exporter since its public listing three years ago. but what is the outlook for oil prices this year and beyond? the war in ukraine caused a significant spike in the price of energy worldwide prices have come off the highs reached earlier this year and now with fears of recession on the horizon in europe and other key economies globally, there are differing views out there as to where the price of the oil is headed. let s talk this through with craig erlam senior market an

Transcripts For BBCNEWS BBC News 20240707

i don t think sunday will be the end of it, from what i can see. if we can negotiate a deal this week, it can be, but otherwise we ll have to look at what campaigns we are going to put on going forward, and we think that other unions are going tojoin us in this dispute on the railway, and more broadly in society. it wasn t the employers that called the strike action. we wanted rmt. .. we wanted to do reform earlier. they have been discussing it with us, but they have not came forward with meaningful reform. in other news, ukraine is on the verge of losing control of the key city of severodonetsk. its troops have been pushed back to just one factory there. allegations of corruption and sexual abuse at the united nations whistle blowers call for an independent panel to investigate. an inquiry finds that the belfast health trust failed to intervene quickly enough on misdiagnoses by a consultant neurologist, resulting in northern ireland s largest ever patient recall. and princ

Transcripts For BBCNEWS BBC News at Ten 20240707

and the prospects of agreement in the new talks. also tonight. tensions between russia and lithuania following a ban on the transfer of some goods to the russian territory of kaliningrad. some pharmacies run by boots are criticised for telling patients they can no longer have their drugs organised in plastic trays. game, set, match. williams. and serena williams comeback to tennis after almost a year out of the game brings victory in eastbourne. and coming up on the bbc news channel. a great day for the brits at eastbourne as katie boulter and jodie burrage pick up the biggest wins of their careers. welcome to bbc news at ten. the biggest train strike in 30 years has disrupted travel for millions of people. it was planned as the first of three days of action, but rail bosses and the unions now say they will hold new talks tomorrow to try to find common ground. the effects of today s action were severe, with only a fifth of services running across england, scotland and wales.

Transcripts For BBCNEWS BBC News at One 20240707

says the local council and the police failed to protect some children. president macron s reform plans for france have been cast into doubt, after his ensemble group loses its majority in parliament. and after a huge conservation effort to save the mountain gorillas of rwanda, what does it teach us about saving other animals from extinction? and coming up on the bbc news channel. brilliance in brookline, matt fitzpatrick wins his first major at the us open, nine years after winning the amateur title at the same venue. good afternoon and welcome to the bbc news at one. britain is facing its biggest rail strike in 30 years this week, with a significant disruption to services across england, scotland and wales. last minute talks between unions and rail bosses are continuing, but no breakthrough is currently in sight. the extent of the strikes likely impact is shown by this official map indicating the lines with limited services and reveals that many areas will have no services

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