campaign is on his mind while on this trip to scotland and ireland. he says a victory for him would make america greater than ever before. he said earlier we will be leaving for scotland and ireland soon in order to inspect my great properties there. the second largest bank failure in history unfolds in the us as regulators shut down first republic bank and sell its assets tojp morgan. and solving london s housing crisis how one community is building its own solution selling affordable housing to locals. welcome to world business report, i m ben thompson. also in the programme we re going to take a look at the state of the commerical property sector, in the post covid world. but first. let s start in the united states, where us regulators have closed down first republic bank, and sold the troubled lenders assets tojp morgan. it was one of six banks that submitted bids to buy first republic, at an auction run by regulators. it makes it the second largest retail bank failure
it s the morning after the historic football victory the night before and as the parties continue across the uk, the mammoth machine behind the scenes that is the business of football is positioning itself to the make the most of this moment. the women s euros has been seen as a landmark tournament for many reasons not least the record breaking spectator numbers, and now england s win is seen as the cherry on the cake. so who wants a slice going forward and what are they willing to pay for it? let s get down to the business of football with jenny mitton business director and women s sport lead at m&c saatchi sport and entertainment. a very warm welcome. in a nutshell, when we talk the business of football what does this victory mean? this business of football what does this victory mean? this victory mean? this victory is hue, this victory mean? this victory is huge. what this victory mean? this victory is huge, what we this victory mean? this victory is huge, what w
We have a feed through from the chinese economy to the rest of the world through chinese investment, particularly Property Investment and infrastructure investment, and the news on that front is not quite so positive yet. We are still seeing relatively sluggish investment in those areas. A lot of the recent improvement has actually come from the consumer sector, which is a good thing for chinas economy, where we are seeing some rebalancing away from investment, but in terms of chinese demand for what the rest of the world produces, it is not quite as positive a development. Having said that, despite the continued weakness in the property sector, there were some green shoots in the data today. I think we could see a bit of relief for the Housing Market over the next few quarters and that definitely will be a positive for the rest of the world as well. Todays gdp news comes as president xi hosts an anniversary belt and road forum in beijing. The meeting celebrates ten years of president
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Conflict is real, very real, and extremely dangerous. More on that, the story that is dominating the news agenda, but we will pose for the next few moments to catch up with some of the business headlines of the day. We are going to talk about what the us treasury is doing in response to the situation in the middle east. The us has imposed sanctions on what it described as ten key hamas operatives and facilitators. They said it was to prevent hamas being able to raise funds to carry out atrocities. We can cross live to new york and our Business Correspondent michelle fleury. What more do we know about this . At michelle fleury. What more do we know about this . Know about this . At the heart of this, this is know about this . At the heart of this, this is an know about this . At the heart of this, this is an effort know about this . At the heart of this, this is an effort by know about this . At the heart of this, this is an effort by the know about this . At the heart of this, this is