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Transcripts For BBCNEWS Talking Business 20240706

submitted a bid to buy manchester united bbc sport understands that a rival bid was also tabled by ineos, owned by british billionaire, sirjim ratcliffe, before friday s deadline. now it s time for talking business. on the show, the windfalls of war, $200 billion, total amount of profit torrent last year alone by the world s major oil companies. president biden and other world leaders are accusing the oil companies of war profiteering at a time of a cost of living crisis not seenin time of a cost of living crisis not seen in a generation. instead of reaping the cash and paying much of it out to shareholders should big oil be pumping it back into exploration, or even into the great energy transition? i will be discovering all of that with these two. president of energy policy research foundation, and senior director of campaigns for the sierra club. also, clothes, food, tv, much of the energy that you use, all brought to you by a ship. i will be taking the pulse of the indus

Transcripts For BBCNEWS Talking Business 20240706

border force staff at several ports, including calais, are on the second day of a 4 day strike about pay. you are watching bbc news. now talking business lets ta ke lets take a look on the show. on the show, the windfalls of war, $200 billion, total amount of profit last year alone by the world s major oil companies. president biden and other world leaders are accusing the oil companies of war profiteering at a time of a cost of living crisis not seen in a generation. instead of reaping the cash and paying much of it out to shareholders, should big oil be pumping it back into exploration, or even into the great energy transition? i will be discussing all of that with these two. president of energy policy research foundation, and senior director of campaigns for the sierra club. also, clothes, food, tv, much of the energy that you use, all brought to you by a ship. i will be taking the pulse of the industry with the big boss at the head of the world s biggest shipping compan

Transcripts for BBCNEWS Talking Business 20240604 15:52:00

they catch up with some of the experiences and consumption that they haven t had in the last couple of years. i want to ask you at the dangers of piracy. many of us know about the hijacking of maersk alabama in 2009, thatis hijacking of maersk alabama in 2009, that is made into a film. even in the past couple of years you have had attempted attacks. how big of a problem as piracy today? it had attempted attacks. how big of a problem as piracy today? problem as piracy today? it used to be an issue problem as piracy today? it used to be an issue off problem as piracy today? it used to be an issue off somalia problem as piracy today? it used to be an issue off somalia in - problem as piracy today? it used to be an issue off somalia in east - be an issue off somalia in east africa. today, some of the instance we have had a not so much on the eastern coast of africa, mostly in the gulf of guinea, near nigeria, we have had different incidents in the last couple of years that we had to

Transcripts for BBCNEWS Talking Business 20240604 22:53:00

sail by, most of the ships being attacked are ships that are servicing this local economy, servicing nigeria and other countries there. the option to seal a different route is not there. yes, obviously when you are engaged into having ships sail all around the world, safety of the crew is something we are concerned about. these attacks of piracy, as the movie illustrates, is something for you have your people on the ship being in real danger. this is maersk alabama, . we are an unarmed trader. it s preoccupying for us, we are engaging with governments in africa and in europe and in united states to make sure that safe trade routes, safety of the changes can be guaranteed. do your crews get a higher pay taking those riskier roots? no, they do not.

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