mischievous asia s richest man hits back against us traders who raised doubts about his finances, wiping $10 billion off his companies share prices. and never too late to influence why brands are seeking out older people to push their products hello. we start here in the uk, where in a few hours time the government s finance chief chancellor of the exchequerjeremy hunt will announce plans to boost the economy and tackle the country s poor productivity. central to those plans, freeing the city of london s giant insurance firms from eu rules on how much cash they have to keep in reserve. they say it could release 100 billion pounds to invest in things like clean energy and infrastructure. mr hunt will also warn against an attitude of declinism amid accusations from business that post brexit uk is in danger of getting left behind in an increasingly competitive world economy. the future looks very uncertain because you have that ira, the 350 billion dollars been spent in
The previous quarter but was better than wall street was expecting despite aggressive interest rate rises from the federal reserve as it tries to get inflation under control. not surprisingly the news was siezed on by president biden as evidence his policies are working as michelle fleury reports from new york if gdp is the official scorecard of the us economy thanit scorecard of the us economy than it is doing rather well. the economy grew at a faster rate than expected in the final three months of last year. the strong job market allow consumers to continue spending money on services such as travel and eating out, despite rising interest rates. consumer spending which accounts for two thirds of all economic activity group is a 2.1% rate. a separate report on a number of americans filing for unemployment benefits as well as orders for manufactured goods also shown rightly. inflation has gone down every mother god willing it will continue to do that. jobs grow stronger than any tim
President biden calls for calm, afterfive former police officers are charged with murder, following the death of a black man in tennessee. to the bitter row involving asia s richest man now indian billionaire gautam adani. his company adani group has bee hitting back against us traders who have accused it of stock manipulation and accounting fraud. the report by short sellers hindenberg has wiped over $10 billion off the group s stock market value this week. according to bloomberg adani will be issuing a detailed response later today but it s already called the report maliciously mischevious and said it s considering legal action. katie silver is following the story in singapore. over the story in singapore. to you. over thesto insinaore. to ou. ~ have over to you. that s right. we have already over to you. that s right. we have already seen over to you. that s right. we have already seen shares - over to you. that s right. we | have already seen shares lose another 5% toda
Mischievous asia s richest man hits back against us traders who raised doubts about his finances, wiping $10 billion off his companies share prices. and never too late to influence why brands are seeking out older people to push their products hello. we start here in the uk, where in a few hours time the government s finance chief chancellor of the exchequerjeremy hunt will announce plans to boost the economy and tackle the country s poor productivity. central to those plans, freeing the city of london s giant insurance firms from eu rules on how much cash they have to keep in reserve. they say it could release 100 billion pounds to invest in things like clean energy and infrastructure. mr hunt will also warn against an attitude of declinism amid accusations from business
South koreans is exactly what they. this is bbc news with the latest business headlines for viewers in the uk and around the world. no more declinism the uk unveils plans to tackle poor productivity and get more investment into the economy amid fears it s getting left behind. we are in a race and they want to attract manufacturing production, low carbon, transitionjob, it is not clear what the uk wants to attract and how much money we have to do so. also coming up us recession fears ease as gdp figures come in stronger than expected. the bad news? that could mean no let up from the fed. plus maliciously