ofair, see ethics of shopping. also, the issues of air, see and travel, backlash. also in the programme. us regulators have uncovered a possible new flaw in boeing s troubled 737 max aircraft that is likely to push back test flights. a mixed picture on the markets in europe, germany leading the way, we will talk about the reasons why. heart disease is the number one killer worldwide. we re speaking to the med tech firm who deploys artificial intelligence to detect coronary heart disease and lend a helping hand to surgeons. also in the show, fast fashion. ending throwaway culture. do you love fast fashion? or do you prefer life in the slow lane when it comes to clothes? let us know just use the hashtag #bbcbizlive. let us get started. i look to pack into today s business live. a lot to pack in. we start with fast fashion because swedish clothing giant h&m has just reported its latest results. profits for the three months to the end of may were down slightly compared with
amid growing concern from the us and its allies. here s how the trading day has got off to a start in europe. everyone waiting for an update on economic growth in the united states later. we ll be diving into that and more in the next half hour. and we ll be getting the inside track on the big stories of the week with our economics correspondent andrew walker, including trade talks between asian economies and the us today we want to know. the actor daniel craig says james bond, the famously un pc ‘70s male hero will be played, he says, with an eye on changing attitudes to gender politics. do you want to see a more politically correct bond on screen? does the bond franchise still have a place in today s world? let us know just use the hashtag #bbcbizlive. hello and welcome to business live. welcome to the programme. thank you forjoining us. we start with amazon because the world s biggest online retailer just got bigger. it has raked in another huge quarter of revenues
or disrupt critical communications. sales at the bakery greggs top because longer platforms £1 billion for the first time. one of the best results will not be ready in time. the legal action was announced hours train operator northern s in manchester united history last and manchester united pull after the senior huawei executive, of a stunning 3 1 away win six carriage long services at leeds station are delayed by two years night, as they became the first team against paris st germain because longer platforms ever to come back from a two goal to book their place in meng wanzhou, appeared in court the champions league quarter finals. in canada for the first will not be ready in time. deficit, after the first leg time since being released in the champions league, on bail late last year. to beat paris saint germain. the us wants the 47 year old manchester united pull a var penalty scored extradited from canada to face of a stunning 3 1 away win by marcus rashford saw them char
speaking before squeezed by massive bills, there is still spending power out there. a lot of our customers are probably a bit older, so we don t feel the mortgage rate, although it creates uncertainty for them and that does and we do notice when there is a rate rise, everyone gets a bitjittery. does it feel like we are getting green shoots? i don t feel that there is green shoots, no, no. i don t feel that there is green shoots, no, no. i feel we are in a holding pattern. it could go either way. today, the bank of england said the tough medicine was beginning to work. less tha n less than two years they have over 14 steps raised interest rates to the highest level in 15 years in an attempt to drain spending powerfrom the spending power from the economy. the period of near zero interest rates now consigned to history with the bank warning that rates could remain at this level for some time. if you asked the question, yes, and when are rates going to come down? my answer is w
of cheer on wall street: amazon shares soar as it racks up sales of $121 billion in the last three months. hello there. we start in the us, with fears of a recession in the world s biggest economy. in the world s biggest economy are rattling people. official figures out on thursday show it shrinking for the second quarter in a row. two quarters of negative growth are what many countries around the world would define as a recession. not so in the us, as we ll show you why in a minute. us gross domestic product declined at an annual rate ofjust under 1% between april and june. that comes after a steeper 1.6% decline in the first three months of the year. but that hasn t hit the labour market yet. us treasury secretary janet yellen said the economy is now at full employment with the unemployment ratejust 3.6%. meanwhile, prices for groceries, petrol and other basics are rising at the fastest pace since 1981. he s what president biden had to say. both chairman powell and many