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Transcripts For BBCNEWS World 20240704

Always a pleasure to see you. This is a company that almost collapsed two years ago. Why is it filing for bankruptcy in the United States . I think it is a legal move. The Debt Restructuring Talks were already going on with hong kong, cayman islands, word has holding companies. The advantage for evergrande to file for bankruptcy in america is a gives it some protection against us creditors for the duration of that Court Process. I5 creditors for the duration of that Court Process Court Process. Is there a lot of exoosure Court Process. Is there a lot of exoosure for Court Process. Is there a lot of exposure for foreign Court Process. Is there a lot of. Exposure for Foreign Companies Court Process. Is there a lot of exposure for Foreign Companies here . I think there is a certain amount of exposure. There are enormous amounts of debts, large amounts of the offshore bonds have lost their value and i believe many of the less risk taking investors already sold their offshore bonds a couple

Gold set for more pain if the $2,021 support fails

Gold price is licking its wounds at around $2,025 in Wednesday’s Asian trading, having incurred heavy losses on Tuesday, courtesy of the unabated demand for the US Dollar (USD) amid a further escalation in the Middle East geopolitical tensions and easing bets for aggressive US Federal Reserve (Fed) rate cuts this year.

Transcripts for BBCNEWS World Business Report 20240604 10:36:00

rain, but there will be always something that a pessimistic retailer or organisation can say is responsible for the drop in retail sales. it is not really down to that. there are underlying factors. it is the difference between weather change in climate change. the climate on the high street is certainly changing. the way shop is changing. we still have to do basic shops. there are a lot of things that make the high street are viable, vibrant and attractive place. viable, vibrant and attractive lace. ., . ., ., , place. you are going to hit this next question, place. you are going to hit this next question, the place. you are going to hit this next question, the high - place. you are going to hit this next question, the high street| place. you are going to hit this l next question, the high street is changing, the way we shop is changing, the way we shop is changing, with these sales numbers, it is the physical stores, their bricks and mortar stores, are people turning online? do w

Arcelik, parent company to Beko and Grundig, Named in Top Three Companies at Real Leaders Eco Innovation Awards for its world-first integrated FiberCatcher technology washing machine

LONDON, July 7, 2022 /PRNewswire/ This week, Real Leaders launched the inaugural Eco Innovation Awards to its global community of social impact executives. Arcelik, parent company to 12 leading home appliance brands including Beko and Grundig, has been ranked 3rd in the Top 50 list for its world first integrated FiberCatcher technology washing machine. Real Leaders Eco Innovation Awards recognizes products, projects, and initiatives that are actively contributing to a healthier planet and celebrates achievement in making an environmental impact. Entries were judged on their creativity, innovation, originality, and measurable impact, as well as their ability to help solve an environmental challenge. One key issue is synthetic microfibers which are the most prevalent type of microplastics found in water, contributing to around 33% of microplastics in the ocean1. To combat the growing tide of microplastic waste, Arcelik developed the innovative FiberCatcher technology. The washing machin

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