I am francine lacqua. Manus i am manus cranny. We have a pack our. We had a packed hour. The Worlds Largest maker of eyewear. We are going to be talking to the ceo. Keep it here. Manus the extended slump in crude oil prices. Bp announcing a fall and profit for the Second Quarter. The adjusted figure dropped from 3. 6 billion euro 3. 6 billion a year ago. Manus gas producer Beat Estimates, but that income was down to 7. 2 billion. The companies president told brutal bloomberg told bloomberg there is more to come. What you can expect and shortterm you see more supply then demand in the market out there. Pressure on the oil price. That is the situation that will remain for some time. We have indicated that by 2018, we should expect oil price around the shape and form of that development is something that is uncertain. Francine bloombergs chief energy correspondent, harvey blas. Have year, thank you for joining us. In terms of the earnings whatever learned . Have year the javier the compan
But one Russian Airline was fining its Flight Attendants, for the extra pounds around their waist, until a court intervened. Hello and welcome, im Christian Fraser in london. Michelle fleury is in for katty today in new york. A chinese banquet at the white house. The invited guests on wednesday night were the top two democrats in congress. And the takeaway well, you might call it sweet and sour. After dinner the white house told us discussions had gone very well. But what exactly did President Trump agree to and did he betray his base . After dinner the two democrats, nancy pelosi and chuck schumer, put out statements. Theyd discussed they said a plan for tighter Border Security and new legislation to protect 800,000 young people brought to the United States illegally as children. The undocumented migrants are known as the dreamers. There was no discussion, they said, of funding mr trumps proposed wall along the mexican border. The republicans reacted with fury. Heres three tweets to g
Coming up later on the program prepares to mark the 25th anniversary of black wednesday. That is Norman Lamont at 9 30. Lets get straight to your data check. Quite a lot going on in the markets. We are seeing a little bit of risk off. Stocks are mixed in europe. Edging lower and then going higher. What investors are nervous about is north koreas latest Missile Launch, raising geopolitical risks. Gold and yen showing markets are becoming immune to the provocation and diplomatic reaction. There is not much of an impact on yen. We are seeing pound, the 25th anniversary of, of course, what we saw in 1. 34w31. There is a little bit of movement on treasury. Lets get straight to the bloomberg first word news. Sebastian President Trump says he likes and respects janet yellen not made a decision on whether he will re nominate the Federal Reserve chair for another term. Treasury secretary Steven Mnuchin sets janet yellen is among those being considered to run the central bank. In the u. K. That
Discover the tapanuli orangutan a new species of great ape in indonesia. And coming up on sportsday on bbc news. England manager Gareth Southgate opts for youth in his latest squad, as he calls up three uncapped players for friendlies with germany and brazil. Good evening and welcome to the bbc news at six. Interest rates have gone up for the first time in a decade. The bank of england has increased the rate by a quarter of one percent, to 0. 5 , as it tries to control inflation. The banks governor, mark carney, said households across the uk are generally well positioned to deal with the rate increase. The decision will mean higher Monthly Payments for millions with variable rate mortgages. But its good news at last for savers. Heres our economics editor, kamal ahmed. One small step upwards for Interest Rates, affect millions of savers and millions of borrowers. Its more expensive if you have a mortgage, and for games in south london, its time to cut costs. Weve been very lucky without
Inside the Great Pyramid of giza. Good evening and welcome to bbc news. In the last hour, labour has announced that its suspended one of its mps, Kelvin Hopkins, from the party. A spokesman said that it was on the basis of allegations received. This comes amid a raft of allegations against numerous mps of inappropriate behaviour reports that have seen sir Michael Fallon resign as defence secretary. Lets talk to emma vardy, our political correspondent. What is known about Kelvin Hopkins at this stage . This has come about after a statement sent by the party in the last hour, saying on the basis of allegations received by the labour party, Kelvin Hopkins has been suspended from Party Membership and therefore the labour whip while the investigation takes place, and Kelvin Hopkins is the labour mp from luton and has been since 1997. A supporter ofjeremy corbyn. We are not clear about what these allegations are but clearly they are serious enough for the labour party to have taken a serious