Shares in Goldman Sachs fell 2 . The catalyst was moodys, downgrading the Credit Rating on several small and medium sized us banks, including mnt bank and pinnacle financial. The red flags raised by the Ratings Agency included a potential recession, as well as problems tied to the commercial real estate sector. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed that for the first time, americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft, which reported results after the us market closed. Uber s small arrival is forecasting higher revenue in the Third Quarter based in part on a post pandemic rebound in ridesharing. Meanwhile, Electric Vehicle maker rivium posted a narrower lost than expeted and raised its Production Guidance for the full year. Meanwhile, Nin
and the products are then sold to the uk. it s not illegal and does not breach the uk s russian oil ban, but critics say it undermines sanctions aimed at restricting russia s war funds. mai rosner leads the ukraine project at the charity global witness which is behind some of the research. she told me about the implications of the loophole. what it means is that countries like india and china and turkey are importing millions and millions of barrels of russian oil, which they then process into fuel products like diesel, jet fuel and gasoline. those products are then sold on to the west to countries that directly embargo russian oil. this means that western countries like the uk are still linked to supply chains that are fuelling kremlin revenues through these oil purchases and that uk flights and cars are still running on products that are derived from russian oil. how much money is that putting into the war chest for moscow, given that there is a reliance and some countrie
they have got this one badly wrong and now they are very, very exposed as is the government. the bbc has apologised for its limited sports programming this weekend after several tv and radio shows have been cancelled, as controversy continues over the corporation s decision to take gary lineker off match of the day. the presenter will not be hosting the programme tonight after criticising the government s language about migrants on social media. a number of presenters and pundits decided not to take part in some shows, in solidarity with gary lineker. football focus and final score were among those pulled and radio 5 live has also faced disruption to its schedules. a bbc spokesperson said it s working hard to resolve the situation. our media correspondent david sillito reports. when gary lineker left home this morning, it wasn t his normal saturday schedule. the decision by the bbc to drop him from match of the day for tweets one of which described a statement by the ho
i m going to be discussing it with these three, there they are, matthew plosser from the new york federal reserve, liz lumley from the banker magazine, and frederic malherbe from university college london, who thinks central banks should consider more radical steps to get the banks to pass on better deals for savers. plus, the boss behind the trains of tomorrow. my interview with the global ceo of one of the world s biggest train and tram makers, on the future of transport across the world. wherever you arejoining me from around the world, once again a big hello, and warm welcome to the show. you know, across the world s most powerful countries, the cost of borrowing money has been going up. central banks, they ve been raising the interest rates to tackle inflation. and while banks have been lightning fast in passing on those rising rates to those who borrow from them, those who save with their banks, well, they ve not been seeing the same immediate reaction. if they want hig
director christopher wray confirmed his agency believes the mohawk institute of virology was the likely source. toxic fbi has for quite some time now to assess the origin of the pandemic is the potential lab incident in wuhan. hugs my first guest says the dismissal of the elaborately theory is merely one thing so called covid experts got wrong. dr. marty makary professor with health policy at the johns hopkins bloomberg school of health and fox news medical contributive projection we him to see you again. first, white and here on the covid origin story. where do you come out on mcmoran you think the preponderance of evidence is it where it came from? constantly giddy honest person s identity .9% chance it was elaborately compared in fact to top virologists that were convened by doctor fetching himself in january 2020 at the beginning of the pandemic told him exactly that in notes obtained by fox news. this really a no-brainer. labs leak an assignment that resulted in an epi