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Transcripts For BBCNEWS Business Today 20240913

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

Transcripts For BBCNEWS Business Today 20240913

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

Transcripts For BBCNEWS Business Today 20240913

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

Transcripts For BBCNEWS Business Today 20240906

On wednesday following a report the White House is preparing to formally block Nippon Steels 14 Billion takeover bid. People familiar with the matter say a decision could be made as soon as this week. The move would be highly controversial and critics say it would lead to Job Losses and could chill foreign investment in the us. For more, heres our North America Business correspondent Ritika Gupta in new york. Nippon steels 14 Billion bid to acquire united States Steel has been caught in the crosshairs of an election year, and in the crucial Swing State of pennsylvania, where us steel is based. Us president Joe Biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. Presidential nominees Kamala Harris and Donald Trump have also both Committed to keep us steel american, though any move to block the deal could potentially be subject to litigation. Proponents of Nippon Steels bid say the us shouldnt reject a bid from a

Transcripts For BBCNEWS Business Today 20240906

Suppliers following its full Scale Invasion of ukraine in 2022. Bilateral trade between the two countries topped 240 Billion last year, up 26 on a year earlier. Has the Balance Of Power now shifted with russias increasing reliance on its eastern neighbour . Joining me now is chris weafer, chief executive officer, macro advisory ltd. Thanks forjoining us, good to see you. Firstly, what were you expecting from these Trade Talks . Anything material or substantial to come out of it . Not to publicly, i think it is more a Case Ofjust again showcasing that this is the main political and economic relationship from moscow. It shows the complete shift away from what was very heavy trade with europe, with the western nations, that has now moved to asia. Kind Ofjust Restating that and restating the fact that and restating the fact that moscow sees this as its main relationship going forward, it used to be the case that the forum held annually in june was the main economic Trade Show Case for russ

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