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Transcripts For BBCNEWS World 20240705

on stock exchanges. the approval of the bitcoin exchange traded funds, or etfs, is seen by supporters as a watershed for crypto, giving it financial respectability and mainstream acceptance on wall street, after a string of controversies. erin delmore reports from new york. this decision was years in the making and now it will allow people and institutions to invest in bitcoin almost as easily as they buy stocks. the move could increase demand for bitcoin and legitimacy for the crypto currency industry, which has weathered scandal and scepticism. sec chair did not shy away from that in a statement saying, while we approve the listing and trading of certain ept spot bitcoin shares today, we did not approve or endorse bitcoin. he said investors should remain caution about the risks associated with bitcoin and said the crypto currency is, primarily a speculative volatile asset. while investors and crypto watchers awaited the decision, a false tweet was posted on the sec official

Transcripts for BBCNEWS World Business Report 20240604 05:52:00

is that for the past eight months or so we have seen a deceleration in food price inflation, so food price rises are starting to his life good news for the sector and this year volumes are expected to return to growth. if we look specifically at christmas, provided, get provided much needed respite for supermarkets. i think this supermarkets. i think this supermarkets all had a pretty much bumper christmas and we will hear from tesco, as you said, in about an hour or so, andi said, in about an hour or so, and i think as the largest supermarket chain in the country, they ve done a stellar job of defending market share. they had the budget supermarkets like aldi and lidl nipping at their heels to steal shoppers away and tempt them with lower prices plaything tesco has done a really good job to stem the tide of shoppers, switching to discounters, they ve been investing in lower prices

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