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Transcripts For BBCNEWS World Business Report 20240707

clean up the aviation industry? we get airborne to find out. we start in the us where the central bank has raised the cost of borrowing to its highest level in m years as it tries to rein in soaring prices. the federal reserve hiked its benchmark rate by three quarters of a percentage point to a range of between 3% and 3.75%. the feds chair, jerome powell, warned there were more rises to come, but said there is no painless way to get inflation under control. households and businesses here in the uk are also braced for more expensive borrowing with the bank of england widely expected to announce a hefty rate rise in the next few hours. more on that in a moment. first, let s hearfrom our us business correspondent michelle fleury in new york. the message from the federal reserve unmistakable, we are here to fight inflation, this is the first time us central bank has raised interest rates and smudged in response to prices rising at the fastest pace for four decades, prices r

Transcripts For BBCNEWS World 20240703

Cars in the country. That has been enough to push up shares by 11 in early trade. The Electric Car Giant faces falling sales and increased local competition in china. So this could be a big move. Lets talk about that with michelle, who is standing by in new york. Give us a sense of how significant this could be, just some reports at this stage, but it is what elon musk wanted . ,. , , wanted . You are seeing the response from investors wanted . You are seeing the response from investors with wanted . You are seeing the response from investors with the wanted . You are seeing the response from investors with the share wanted . You are seeing the response from investors with the share price i from investors with the share price pppin9 from investors with the Share Price Popping at the open because of that sort of shot of good news. The reason for that is it comes off the back of a difficult couple of months for the car maker. The electric car Company Released some pretty disappointing qu

Transcripts For BBCNEWS Verified 20240703

Of economic co operation. Mr musk said tesla is looking for more win win results. According to reports, he has won approval from the chinese authorities for the enabling of a self driving feature on tesla cars in the country. The news has sent shares up as high as 13 in early trading in new york. Lets get the details from michelle, who is standing by in new york. That is the issue, one of those Self Driving Features on the car with a sort of holding them back by not being able to deploy it. The news that elon musk once that they can roll that out in china. It is that elon musk once that they can roll that out in china. Roll that out in china. It is all to do with chinese roll that out in china. It is all to do with chinese data roll that out in china. It is all to do with chinese Data Security i do with chinese Data Security requirements. Overthe do with chinese Data Security requirements. Over the weekend, we saw the authority that kind of Grants Permissions when it comes to Data Secu

USD/MXN Monthly Forecast: June 2024 (Chart)

USDMXN Forecast June 2024: Eyeing a turnaround near 16 pesos. Watch for potential rallies with key resistance at 17.20. Consider liquidity and interest factors.

If You Get a Five-Year Fixed Mortgage Rate Now, Can You Break Early When Rates Fall? – BC Living

If You Get a Five-Year Fixed Mortgage Rate Now, Can You Break Early When Rates Fall? – BC Living
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