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Transcripts For BBCNEWS BBC News Now 20240911

Finances were in a dire state. Hang on. There was this 22 Billion black hole. We spend 1200 Billion billion black hole. We spend i200 billion pounds every year in this 22 Billion so called black hole, a mere accounting device. In this whole debate, what the Labour Government are trying to do was to make the political point that the Conservative Party ran the country into the ground and therefore weve got to punish therefore weve got to punish the pensioners. It is absolute and complete rubbish. And what those we represent cant understand, these people who worked hard all their lives, have done their bit for the country, their total package is perhaps 13 or £14,000 a year. What they cant understand is that this so called saving of public money is actually going to go to Train Drivers who own £70,000 a year. Theyjust dont understand it. So for god sake, lets have a serious debate. Lets try to unite on this issue and lets not keep taking away benefits from people just above the Pension

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Transcripts For BBCNEWS Business Today 20240910

It s there to support this new suite of ai products that the company is calling apple intelligence, which will allow users to use text, to create images, even emojis. We are also set to see a big upgrade to siri, the boy upgrade to siri, the voice assistant that apple first acquired back in 2010. The thing is though, this suite of products, apple intelligence, will not be available at least not for now, in the eu. Apple experience is a bit of a dustup with regulators there over the implications of the digital markets act. The products will however be available in the uk. Nabila popal from idc explained. There was a lot of negative sentiment at the beginning of the year as to why apple hadn t dived into it when any other company had. A lot of criticism from the market and about how if apple is behind, how the models not as advanced as the others, but this is a really huge step forward because consumers are still uncertain about what ai is and what it can do for them and the way apple ha

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Transcripts For BBCNEWS Business Today 20240910

Software called apple intelligence is integrated into a host of applications across the iphone. This photo editor allows you to remove people from the background. And this tool helps to rewrite your e mails. There is also an upgrade to the voice assistant which can now take written commands and is said to work better with a natural spoken language. For now, apple intelligence features will not be available in the eu, as executives find themselves in the middle of a dustup with regulators over the digital markets act, but it will be available in the uk. That is, when they are released. The test version will start with a roll out in the us next month, with more coming by the end of the year. When it comes available, analysts say executives are keen to use apple intelligence integration to sell more iphones, which have hit a slump in recent years. Some analysts are not so sure that will happen. 15 years. Some analysts are not so sure that will happen. sure that will happen. Is apple int

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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20240910

By fears about a worsening us economy and all eyes will now turn towards Apples Headquarters in california in the next few hours of the most valuable company in the world will be launching its latest generation of ai ready iphones and optimism about the profits to be made from Artificial Intelligence have been driving us markets to record highs this year. Apple hopes its Ai Offering will persuade people around the world to upgrade their phones as Tech Analyst Paul Armstrong told us earlier. Its the big News Everyone is interested in. They have teased it in the last update they did. Apple intelligence is essentially the new Ai System that will be baked into every iphone. It draws on use personal contents, things like the photos on their E Mail and its obviously not without its Privacy Issues but apple is very good at that and its very good at saying how it protects consumers. So again this ai play could actually be very good. The worry is that a lot of people are saying publicly and Beh

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Transcripts For BBCNEWS Business Today 20240909

And that is a source of disappointment but that said, it doesn t confirm fears of an imminent recession, does look like a slow down. I think the stock market particularly as gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you are expecting there? we are looking at 25 basis point cuts and also looking at the inflation which we have shown signals of and it is possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer much needed stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum than they have gotten already and i think it s looking at the forward trajectory and what stock markets need is a fine balance between that stimulus and an economy that doesn t look too soft and continues to draw positive earnings going forwards. If we stay with japan, th

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