Will be on oppenheimer to see if it collects the most gongs. Now on bbc news it is time for talking business. Hello, everybody. A very warm welcome to talking Business Weekly with me, aaron hazelhurst. Lets go and take a look at whats on the show. Translation people have been using cannabis for as long as you can remember for millennia. And nothing will stop them, no prohibition. And thats why they should be able to do it safely. Yep. The money in marijuana. Were going to take a look into the Big Business Of Cannabis as germany becomes the latest in a string of countries to legalize its use in the us alone, where 2a states allow its Recreational Use, that market is huge, nearly 40 billion. So im going to be discussing all of that with these two. There they are, the big boss of the body that monitors drugs and Drug Addiction across europe, who tells me theres been a huge rise in cannabis based drugs in recent decades. And a top exec at one of americas biggest cannabis retailers, which S
here s where the bank s base rate stands at the moment at 5.25% it is the highest in 15 years. the bank has raised the cost of borrowing fourteen times to try and tame soaring prices but inflation has eased sharply in recent months and the expectation now is that rates may soon start to come down. however, for those in the uk hoping for cheaper mortgages and loans there was something of a bad omen in the us, where the chair of the federal reserve seemed to dash expectations of a rate cut next month. as michelle fleury reports. the fourth meeting in a row, the federal reserve did not raise interest rates. this is the longest pause since policymakers began their aggressive rate campaign to tame inflation back in march of 2022. but for rate weary americans, well, they will likely have to wait a few more months to see any relief, given these comments by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a
expected sales in china, where a real estate collapse and rising youth unemployment is hitting demand for apple s gadgets. erin delmore reports. for apple, a big gadgets. erin delmore reports. forapple, a big highlight gadgets. erin delmore reports. for apple, a big highlight the first revenue growth in a year. they reported a 2% rise in overall fiscal first quarter sales, taking a year of declining sales. it s thanks to sales of the iphone 15 which hit stores in september. but a low light does make a decline in sales in china, to the tune of 13%. apple is missing out on one of its key markets. the world s second economy is grappling with a slowdown thanks to a property market crisis, slow growth and high unemployment a young people which is weighing on iphone sales and, increasingly, chinese consumers are opting for phones made by huawei which are powered by chips made in china. apple is on the verge of releasing its vision pro headset, meanwhile. this is apple s entry int