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Transcripts For BBCNEWS Sportsday 20240704

While back home still one more sleep to go for these fans and millions of others preparing to watch the World Cup Final against spain in sydney. Elsewhere a goal down, then a man down, but still liverpool win in the premier league. Also coming up on sportsday. Kjt clinging on to the top three. She s one of the british medal hopes as the World Athletics Championships gets under way. And will this effect Warren Gatland s world cup squad selection . Wales beaten heavily by south africa. Hello again. Welcome along to sportsday. For theirfans back home it s the night before. But for the lionesses it s already the morning after. England are waking up on the day of the women s World Cup Final knowing that only spain stand between them and a significant slice of history. Our Sports Editor dan roan is in sydney and sent us this report. A strong will and an undying belief. England into the World Cup Final. And this is a tournament the lionesses have had to battle through, overcoming injury, the

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Transcripts For BBCNEWS World 20240704

Between april and june, the company made a Profit Ofjust over 30 billion, a lot of money by anyones 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 Correspondent Sameer Hashmi that even with falling profits, the biggest winner is the saudi government, which is aramcos biggest shareholder. The saudi government owns around 90 of the c

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Transcripts For BBCNEWS World 20240704

Business stories. We start in saudi arabia as the Worlds Biggest Oil Company Aramco is set to announce its latest Half Year Results in the next half an hour or so. Last year, aramco netted record profits of over 160 billion, buoyed by soaring energy prices. But in may this year, they reported that profits dropped by nearly a fifth in the first three months of the year as the gloomy Global Outlook saw oil prices drop. To tackle this, saudi arabia has been cutting production to the tune of1 Million Barrels a day. They started in july and have now extended to september. The oil price has since been creeping up. Live now to our middle east Business Correspondent sameer hashmi. Sameer, nice to see you. 160 billion is so much money made in a year. What are they expected to say in the next half hour . Expected to say in the next half hour . Sally, ithink it is matching half hour . Sally, ithink it is matching up half hour . Sally, ithink it is matching up to half hour . Sally, ithink it is ma

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Transcripts For BBCNEWS World 20240704

Performance dividend. Live now to our middle east Business Correspondent sameer hashmi. Samir, Rhe Saudi State remains overwhelmingly aramco s biggest shareholder, so they remain the big winner in the aramco story. Well, thats right. They own around 90 of the company and the payout, the bulk of it, will go to the saudi government. If you look at aramco, every quarter they have been paying about 19. 8 billion of dividend. This time they have added another amount to that amount, because they said the cash flows are healthy and thatis said the cash flows are healthy and that is why they have decided to increase that overall dividend, which will be beneficial for the saudi government because it relies heavily on the Aramco Generating revenues for it, and that will help them in their Oil Diversification programme. They are these mega infrastructure projects, new tourist destinations. All this is being done keeping in that oil demand will decrease in years to come and they will have to come

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Transcripts For BBCNEWS Breakfast 20240704

Hannah miller, has the story. In homes across the country and Public Services on the ground, it can seem like everyone is crying out for cash. We have got roads full of potholes. Are you confident that the chancellor will be persuaded to give you more money to spend on housing in the budget in a few weeks time . Well, im doing everything that i can. I mean, short of laying siege to his own home. Well, i want us to be, you know, l Cutting Taxes in a responsible way. Under pressure from backbenchers and with less money to play with than hed hoped for the chancellors scrabbling around for ways to pay for a tax cut on a scale that voters will notice. Today, mr speaker, im going to cut the main 12 rate of Employee National insurance. Last year, he chose to cut National Insurance contributions and its thought he may do that again. A tax cut for workers that brings no benefit to pensioners. The Number Crunching going on inside number 11 is not just about the state of the nations finances its

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