The trade implications. Scotlands only Oil Refinery is to close with a cost of 400 jobs the Unite Union calls it an act of industrial vandalism. And Credit Crunch why are so many Women Led bUsinesses cancelling Expansion Plans because they are unable to access finance . Well speak to one big bank trying to address that. Live from london, this is bUsiness today. Im mark lobel. The Aircraft Maker Boeing is awaiting news from its workforce on whether its accepted a four Year Pay Deal which could lead to a walkout of up to 33,000 workers. The deal 25 over four years has been backed by the workers iam union, but many employees are not happy with the terms. A result s expected very shortly and could lead to Strike Action in the coming hours. That would affect production of the companys 737 and 737 max aircraft. Heres our North America BUsiness correspondent ritika gupta. Breaking news on the subject. Boeing workers have voted to strike after rejecting a Pay Offer backed by their own union. T
Eastern europe correspondent. She explaIned the tImIng of the announcement of the expulsIon. Yeah, I thInk Its faIr to say that the tImIng Is no accIdent. I thInk thIs Is quIte clearly, or the tImIng of the announcement certaInly Is quIte clearly lInked to those talks that are takIng place now over whether or not ukraIne should be allowed to use long range western mIssIles to fIre deep wIthIn russIa at targets there. So I thInk It Is a connected statement that weve seen today from the fsb, the SecurIty ServIce In russIa. Now, what theyre sayIng Is that they have expelled or removed the accredItatIon from sIx brItIsh dIplomats at the brItIsh embassy In moscow, who they were accusIng of IntellIgence actIvItIes and subversIve actIons. But I thInk Its the language around that whIch Is perhaps more IndIcatIve, because what the fsb Is claImIng Is that the brItIsh government, the brItIsh ForeIgn OffIce, Is specIfIcally engaged In subversIon In russIa. It says theres an entIre department whIch
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 y
For the tech sector. Ai Chip Giant nvidia has been surging on reports that the us government is considering allowing it to export advanced semiconductors to Saudi Arabia itjumped some 8 in Wednesdays Session pulling up the rest of big tech. Melissa 0tto is from S P global visible alpha where she heads up their technology research team. Just had us Producer Price Index data a little hotter than expected. That coupled with a little hotter consumer Price Index data yesterday. Does it change anything for when the fed meets next week . Are markets too optimistic about the pace of further Rate Cuts . Thank you, great to connect with you today. 0verall, thank you, great to connect with you today. Overall, the economic data that we saw Yesterday And Today was broadly in line with expectations. Based on S And P intelligence submitted for the September Rate cut of 25 basiS Points, what we have been seeing and driving some of the volatility in the market is there was some rhetoric over the past f