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Transcripts For BBCNEWS BBC Newsroom Live 20240714

Havent lifted it before, see what that podium. To be stewed. It is like to be on the wrong end of it is like to be on the wrong end of it as and coming up before 12 30 it is like to be on the wrong end of itasa it is like to be on the wrong end of it as a captain makes me very hungry to be the one student that podium. Asap rocky is due to take the stand in sweden where hes and coming up before 11 30 on trial for assault. Asap rocky is due to take the stand in sweden where hes on trial for assault. Good afternoon. Welcome to bbc newsroom live. We begin with breaking good morning. Welcome to bbc newsroom live. News this hour the government has announced the bank of england has left the additionalfunding to prepare the uk in the event of a no deal brexit. Interest rate unchanged, it remains the chancellor, sajid javid, says ata Interest Rate unchanged, it remains at a quarter of 1 . The bank of the extra £2. 1 billion was necessary england has left Interest Rates to ensure the uk is prep

Transcripts For BBCNEWS Verified 20240704

Thats slightly higher than expected and driven mainly by higher costs for gasoline and rents. In the 12 months up to february, the cpi rate increased by 3. 2 , compared to 3. 1 injanuary. The core rate, stripping out those volatile elements such as fuel and rents, fell to 3. 8 from 3. 9 injanuary, but that was still higher than the 3. 7 expected. This latest data suggests there is still some stickiness with inflation that will be scrutinised by the Federal Reserve as it weighs up a highly anticipated Interest Rate cut injune. Lets head over to new york and speak to our north America Business correspondent michelle fleury. As far as the fed is concerned, it is about how they respond to this number. It is not going in the direction they wanted it to. The tricky word direction they wanted it to. The tricky word that direction they wanted it to. Tue tricky word that you direction they wanted it to. Tte tricky word that you were stumbling over, sticky, and a lot of this is to do with housin

Transcripts For BBCNEWS World 20240704

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

Transcripts For BBCNEWS Verified 20240704

They will launch an investigation into the industry. And why bananas are getting more expensive a conference in rome is looking at a global problem. Sport now and a full round up from the bbc sport centre. Hello and welcome. Mikael arteta has called for the emirates crowd to Mikael Arteta has called for the emirates crowd to play Mikael Arteta has called for the emirates crowd to play their Mikael Arteta has called for the emirates crowd to play their part in the arsenal match against porto in the arsenal match against porto in the Champions League tonight. They go into the match one down. Arsenal are hoping to reach the quarterfinals of the competition for the first time in m years. It is incredible, i dont think they realise how important they are. We need that noise from the crowd and we need the emotional control as well, to understand that the game can go through phases and we have to be really intelligent to push in the right moments to get what we want, but it is a great opportu

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