border force staff at several ports, including calais, are on the second day of a 4 day strike about pay. you are watching bbc news. now talking business lets ta ke lets take a look on the show. on the show, the windfalls of war, $200 billion, total amount of profit last year alone by the world s major oil companies. president biden and other world leaders are accusing the oil companies of war profiteering at a time of a cost of living crisis not seen in a generation. instead of reaping the cash and paying much of it out to shareholders, should big oil be pumping it back into exploration, or even into the great energy transition? i will be discussing all of that with these two. president of energy policy research foundation, and senior director of campaigns for the sierra club. also, clothes, food, tv, much of the energy that you use, all brought to you by a ship. i will be taking the pulse of the industry with the big boss at the head of the world s biggest shipping compan
and paying much of it out to shareholders, should big oil be pumping it back into exploration, or even into the great energy transition? i will be discussing all of that with these two. president of energy policy research foundation, and senior director of energy campaigns for the sierra club. also, your clothes, food, tv, much of the energy that you use, all brought to you by a ship. so i will be taking the pulse of the industry with the big boss at the helm of the world s biggest shipping company. wherever you are watching, hello, and welcome to the show. 2022 was a tough year for the global economy. just as we began to see the green shoots of recovery from the covid pandemic, russian tanks rolled into ukraine, throwing europe into armed conflict for the first time in over two decades. it s a strategic hotspot, a country with close links to the east and the west, and essentially a buffer zone between russia and its nato adversaries to the west. and because of western sancti
so instead of reaping the cash and paying much of it out to shareholders, should big oil be pumping it back into exploration, or even into the great energy transition? i will be discussing all of that with these two. president of energy policy research foundation, and senior director of energy campaigns for the sierra club. also, your clothes, food, tv, much of the energy that you use, all brought to you by a ship. so i will be taking the pulse of the industry with the big boss at the head of the world s biggest shipping company. wherever you are watching, hello, and welcome to the show. 2022 was a tough year for the global economy, just as we began to see the green shoots of recovery from the covid pandemic, russian tanks rolled into ukraine, throwing europe into armed conflict for the first time in over two decades. it s a strategic hotspot, a country with close links to the east and the west, and essentially a buffer zone between russia and its nato adversaries to the west
Want to be. Auto stocks drive markets to the green after car sales hit a 5. 5 year high in june amid Strong Demand for luxury brands. Time for a change. Swatch has its best day in over two years as investors shrug off a 20 fall in profit focussing on the watch makers positive outlook. Greece passed the austerity measures required for a bailout. Tsipras urged lawmakers to approve reforms. 229 voted in favor of the bill. Chaos was outside parliament. Parts of the square were set ablaze as they chanted we have been betrayed. And anger inside parliament. Half of the no votes came from syriza as they condemned a very black day for democracy in europe. He wrote a scathing blog in which he likened the bailout to fiscal water boarding. No surprise that he would vote against that deal. He has been very outspoken. Yesterday we saw the deputy finance minister stepping down because he simply couldnt stand behind the deal. Whats so interesting here is that this vote went through because of support
Plus the dealmakerinchief making good on another campaign promise. The president s next move to help the economy rand put americans back to work. This hour were joined by former reagan economist, art laffer, Linda Mcmahon from the Small Business administration, john bolton and Tom Mcinerney and former House Committee chairman Pete Hoekstra. Melissa dow snapping record streak failing to end the day with a record close. Phil flynn is watching the action in oil and gold from the cme. Nicole petallides on the floor of the new york stock exchange. Nicole, first to you what was moving the trade today . Reporter we saw apple weigh on all three major averages no doubt. Apple was down. They had a downgrade from Pacific Crest this morning despite the excitement surrounding the conference that was one area of whackness. Overall markets sold off slightly, down. 1 of a percent. Dont forget we closed on records friday. Stocks have been up two weeks in a row. Stocks are up 400 points in two weeks. A