That s always say, hey, if you don t vote for this contract and you, we re taking the airplane out of washington state. There s always some kind of pressure to get us, to motivate us to vote in their favour. There s always something like that, you know, there s always an underlying threat. And if we re not doing the right thing, then we re hurting the company. We re not hurting them. They ve got, they make way more money than we do. Why don t they give up some of their money to get boeing out of the problem they re in? some very unhappy workers there. We are expecting results in the next few hours. The bbc s ritika gupta has more on what s at stake. They haven t had a new contract in 16 years of been bargaining for months of her higher pay, better benefits and job security. The latest dispute is centred around workers discontent with the tentative agreement reached over the weekend. The international associations of machinists and aerospace workers and boeing unveiled a package that in
Out of washington state. There s always some kind of pressure to get us, to motivate us to vote in their favour. There s always something like that, you know, there s always an underlying threat. And if we re not doing the right thing, then we re hurting the company. We re not hurting them. They ve got, they make way more money than we do. Why don t they give up some of their money to get boeing out of the problem they re in? we are expecting results in the next few hours. in the next hour. We re expecting the results of that vote in the next few hours. The bbc s ritika gupta has more on what s at stake. They haven t had a new contract in 16 years and have been bargaining for months for higher pay, better benefits and job security. The latest dispute is centred around workers discontent over a tentative agreement reached over the weekend. The international associations of machinists and aerospace workers and boeing unveiled a package that includes a 25% pay rise over the next four yea
Of pressure to get us, to motivate us to vote in their favor. Theres always something like that, you know, theres always an underlying threat. And if were not doing the right thing, then were hurting the company. Were not hurting them. Theyve got, they make way more money than we do. Why dont they give up some of their money to get boeing out of the problem theyre in . The bbc s Ritika Gupta has more on whats at stake. They havent had a new contract in 16 years of been bargaining for months of her higher pay, better benefits and job security, the latest dispute was centred around Workers Discontent with the tentative agreement reached over the weekend. The international associations of machinists and aerospace workers and boeing unveiled a package that includes a 25 Pay Rise over the next four years and 3000 Signing Bonus and other improvements that help gather a retirement benefit. Boeing also had the next in the State of washington. Some workers are unhappy with the outcome, given th
clean up the aviation industry? we get airborne to find out. we start in the us where the central bank has raised the cost of borrowing to its highest level in m years as it tries to rein in soaring prices. the federal reserve hiked its benchmark rate by three quarters of a percentage point to a range of between 3% and 3.75%. the feds chair, jerome powell, warned there were more rises to come, but said there is no painless way to get inflation under control. households and businesses here in the uk are also braced for more expensive borrowing with the bank of england widely expected to announce a hefty rate rise in the next few hours. more on that in a moment. first, let s hearfrom our us business correspondent michelle fleury in new york. the message from the federal reserve unmistakable, we are here to fight inflation, this is the first time us central bank has raised interest rates and smudged in response to prices rising at the fastest pace for four decades, prices r
Or so they say. The Foreign Ministers of the worlds seven biggest economies begin to arrrive in lucca, italy, and free trade is high on the agenda. The highway code in the sky. We look at singapores efforts to regulate the airspace for drones. Im aaron heslehurst. If you got eight minutes, stay where you are, give me eight minutes and ill give you a fascinating snapshot of the world of business and money but. We start in italy where the Foreign Ministers of the worlds biggest economies meeting in the historic city of luca. This year italy holds the presidency of the g7 group and rome has already made it clear that one of its priorities is fighting all forms of protectionism. But hang on, why does it matter to all of us . Well, its important because the g7 accounts for just over 46 of the worlds wealth. This meeting is important because its in preparation for next months leaders summit. Last month the host, italian Prime Minister paolo gentiloni, laid out his g7 plan by saying one of th