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Transcripts For BBCNEWS World Business Report 20240706

china is the world s largest car market, and whilst tesla generates most of its money from its electric car business, boss elon musk has committed to grow its solar energy and battery business to roughly the same size. here s mariko with the details from singapore. it is quite a big deal because of course, tesla already has that huge plant in shanghai to make electric cars, so it is basically increasing its investment in china. the fact that this announcement came when tensions between washington and beijing are quite high, that is quite interesting. as you said, this is a mega factory, to produce mega packs. they are basically very large batteries that can store energy, so that they can help stabilise the power grid and also prevent outages. now, of course, many of our viewers associate tesla with those electric cars and that is where the company generates most of its money from. but the company s boss, elon musk, is very keen to also grow its solar energy and battery busine

Transcripts For BBCNEWS BBC News 20240706

right thing to do, and the right thing for the country to help it beat inflation. arrests continue in afghanistan as protests persist against the new ban by the taliban on women and girls attending universities. police in pakistan say at least two people, including a police officer, have been killed in a suicide blast in the capital, islamabad. china insists it has its current covid outbreak under control reporting fewer than 4,000 new cases and no deaths for the third day running. but forecasters warn the true number could be as much asi million, with 5,000 deaths a day. a fierce arctic winter storm has triggered emergency alerts across large parts of the united states, and forced the cancellation of more than 2,000 flights. forecasters say the cold snap could bring the coldest christmas in decades. presidentjoe biden has encouraged everyone to heed warnings and bring forward christmas travel plans where possible. 0ur north america correspondent peter bowes reports. this is

Transcripts For BBCNEWS The Media Show 20240707

most of the showers have been across england and wales. this evening and overnight we will see those showers decaying. skies were clear across many parts of the country. it gets windy in northern ireland, and in scotland. temperatures are similar to today. that s rain by monday morning is in the english channel, sweeping through quickly. followed by sunshine and showers, mainly in the north and east. a much stronger northerly winds on monday. hello. this is bbc news. i m annita mcveigh and these are the headlines. the chancellor defends his tax cuts aimed at boosting economic growth, saying they re fair for all, but kwasi kwarteng s mini budget is receiving a mixed reaction from the public. i think its probably will help, but it depends what brackets you are in, in terms of income. this it depends what brackets you are in, in terms of income. in terms of income. this feels like it does not in terms of income. this feels like it does not even in terms of income. this feel

Transcripts For BBCNEWS BBC News 20240707

the home secretary tells police chiefs that common sense policing must take priority over diversity and inclusion initiatives as she sets out her the priorities of her crime cutting agenda. good afternoon. the government has defended its sweeping range of tax cuts from criticism that they favour the better off. the chancellor kwasi kwarteng s package of measures include scrapping the top rate of income tax for the highest earners and reducing the basic rate by a penny moves the government say will promote growth. the institute for fiscal studies says the richest who pay the most tax will benefit most. our political correspondent, helen catt, reports. it s an all out attempt to grow the economy with the biggest tax cuts in four decades. at spitalfields market, in east london, they are taking stock of a mini budget that s signalled a massive shift in political direction. what do you make of moves like reversing the national insurance rise? will that help, do you think? i

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