That company is the saudio oil giant saudi aramco, and its feeling the effects of lower oil prices, lower than expected demand from china, and thinner Profit Margins for refining oil. Between april and june, the company made a Profit Ofjust over 30 billion, lot of money by anyone s metric, but significantly down from more than the 48 billion it made in the same period a year ago. The main reason is, as you can see here, that oil prices during the period were at the lowest point in the last year, as the boost they got from russias invasion of ukraine wore off. And last week, in an effort to keep them that way, saudi arabia said it would only produce nine Million Barrels a day. That extended Production Cuts by the 0pec group of big oil producers, who profit more from a higher price. When it comes to saudi aramco, those higher prices mean higher Dividend Payments for shareholders, and its boosted those to nearly 30 billion in the current period. So i put it to our middle east Business Cor
The detective says she heard Wayne Couzens worked for the Metropolitian Police just before officers went to his home to question him. Sarahs family hope a new documentary about her murder three years ago will contribute to the ongoing dialogue about the way Police Approach this type of case. Our Special Correspondent lucy manning reports. The everard family have shared some of their favourite pictures of their daughter and sister sarah for the first time. A smile that stands out. A future that was shot down. Taken away three years ago by a murderer in police uniform. Herfamily have spoken at their desperate longing to have sarah with them again and how her loss pervades every part of their lives. Forthe her loss pervades every part of their lives. For the first time, the met team who investigated sarahs kidnap, rape and murder have spoken in a bbc documentary about the moment they found out Wayne Couzens was a colleague, a fellow officer. While detectives were heading to cousins house
According to the british retail consortium, Food Inflation fell last month to 13. 4 thanks to the lower cost of staple goods like oils, breakfast cereals, fats and fish. Heres our Business Correspondent emma simpson. It may not feel like it but the worst of food price rises could now be over. Grocery bills, though, are still way too high for many shoppers. Like, before you can just walk in with £10 and get a lot of things but now even £10 cant even buy what you actually want to buy. I mean, at the moment im ok but i guess im very lucky. But if it increased any more, just like Mortgage Rates as well, just like, yeah, the whole things going up, isnt it . Instead of Buying Luxuries now i buy the basics. Todays Food Price Figures come from the trade body for retail which also monitors the change in shop prices. Lets take a look at this chart which tells the story. Now, you can see how food prices jumped from last year. They were going up before the war in ukraine, but then they really st
There are no injuries but there was widespread disruption. Good evening. Three years after Sarah Everard was murdered by a serving Police Officer, the detective who led the Murder Inquiry has spoken about the case on camera for the first time. Dci Katherine Goodwin told the bbc about her shock at finding out their Chief Suspect worked for the metropolitan police. She said to her boss youre not going to believe this. Last week an independent inquiry found that chances to stop wayne couzens, who abducted, raped and killed Sarah Everard, were repeatedly missed and he should never have been given a job as a Police Officer. Sarahs family hope a new documentary being shown after the third anniversary of her murder will contribute to the ongoing dialogue around violence against women and the way Police Approach this type of case. Our Special Correspondent lucy manning reports. The everard family have shared some of their favourite pictures of their daughter and sister sarah. A smile that stan