Business stories. We start in saudi arabia as the Worlds Biggest Oil Company Aramco is set to announce its latest Half Year Results in the next half an hour or so. Last year, aramco netted record profits of over 160 billion, buoyed by soaring energy prices. But in may this year, they reported that profits dropped by nearly a fifth in the first three months of the year as the gloomy Global Outlook saw oil prices drop. To tackle this, saudi arabia has been cutting production to the tune of1 Million Barrels a day. They started in july and have now extended to september. The oil price has since been creeping up. Live now to our middle east Business Correspondent sameer hashmi. Sameer, nice to see you. 160 billion is so much money made in a year. What are they expected to say in the next half hour . Expected to say in the next half hour . Sally, ithink it is matching half hour . Sally, ithink it is matching up half hour . Sally, ithink it is matching up to half hour . Sally, ithink it is ma
Picture in germany and france. Claim of their implications. Francis of their implications. Francis female coppola joins us. Janet yellen says this is arbitrary, is it . I yellen says this is arbitrary, is it . 4 yellen says this is arbitrary, is it . ~. , yellen says this is arbitrary, is it . 4. , yellen says this is arbitrary, is it . ~. , , yellen says this is arbitrary, is it . 4. , ,. , it . I think what she is oining us is showing it . I think what she is oining us is showing a h it . I think what she is joining us is showing a deterioration it . I think what she is joining us is showing a deterioration in it . I think what she is joining us l is showing a deterioration in fiscal governance and asked two decades, so this isnt about what has happened on her watch, its work were also about repeated stand offs on the debt ceiling and short termism in fiscal Spending Plans going back a long time. find fiscal Spending Plans going back a loni time. , fiscal Spending Plans going back
hello and welcome to bbc news. i have the top stories. with british supermarket prices spiralling fast, rishi sunak is promising more seasonal visas for farming. promising more seasonal visas forfarming. that promising more seasonal visas for farming. that story coming up for farming. that story coming up later on. but first, one of the world s biggest car makers, stella ntis, which produces vauxhall cars here in the uk, has urged the government to renegotiate part of its eu trade deal or run the risk of making the business unsustainable. stellantis, whose brands also include peugeot, citroen, chrysler and fiat, says its concerns are related to electric vehicles. stellantis says the surge in the cost of raw materials has made some of the conditions of the post brexit deal signed in 2020 are no longer achievable. our economics editor faisal islam has the story. electric vehicle manufacturing is supposed to be the future of the car industry, replacing these conventional cars, b
are being instructed to shelter in place as western governments try to figure out a means to safely evacuate them. also tonight, scientific censorship in china. crucial genetic sequencing that could have helped with the fight against covid, was deleted, covered up or withdrawn under pressure from party officials. we will speak to the new york times investigators. what about the transition to clean power? nine countries meeting in belgium today have commited to building an entire electricity system in the north seas, based on renewable energy. and we will talk about the global addiction to cheap clothing 10 years on from the rana plaza disaster in bangladesh have we improved conditions for some of the poorest workers in the developing world. but first to sudan, a country fast coming apart at the seams. in khartoum it is now a stark choice between hunger and deprivation indoors and the risk of being killed in the street battles outside. there are tens of thousands of foreign