the cabinet, which met this morning, is now changed in significant ways as borisjohnson fights to stay on. a new chancellor and health secretary and a new education secretary and a new education secretary to tonight after hours in which it looked like the government was on the brink of collapse. yes, we ll have the latest on the sudden reshuffle, with confirmation a few minutes ago that nadhim zahawi will be the new chancellor. also tonight. in ukraine, the latest evidence of potential war crimes, with russian firing squads leading men to their deaths. in sri lanka, a desperate shortage of basic necessities including medicines, fuel and food and visitors are told to stay away. commentator: there it is! and a big day of sport britain s cameron norrie is through the semi finals at wimbledon, while england s cricketers break a batting record to beat india in the final test. and coming up on the bbc news channel. we have continuing coverage and analysis from our team of co
We start in the us, where shares of meta, hello. If you are justjoining us, you are in time with the top business stories. We start in the us, where shares of meta, the owner of facebook, instagram and whatsapp plunged in after hours trading after its forecasts disappointed wall street. Investors are concerned the huge amount meta is spending on Artificial Intelligence may not translate into higher profits. Lets show you the details. When it comes to how much money meta is making, profits came in at 12 point 4 billion in the first three months of the year. Thats more than double the amount it made this time last year, and better than expected. But heres one of the numbers worrying investors, meta expects its costs to rise to almost 100 billion this year, as it invests heavily in al and virtual reality. Coupled with a forecast that revenues will barely grow in the Current Quarter that sent shares plunging some 13 in after hours trading. Wiping as much as 160 billion off its stock market
yeah. novo nordisk making of ragovy is currently supplying maintenance doses for patients already on the drug and really just the lower doses where patients start out on the drug they re limiting supply. in a means new patients coming into their doctor s office trying to get them to prescribe the drug may have difficulty finding it in pharmacies and that s expected to last until at least september. the company is saying it s increasing manufacturing capacity, bringing on a new partner to do that and even going to pause some marketing of this medicine to try not to stimulate too much new demand right now, but says it s serving hundreds of thousands of patients prescribed this drug right now and it just can t keep up with where the prescription trends are going at the moment, boris. meg, it s pretty obvious celebrities and others you see online especially have been using this and ozempic in an effort to trim pounds off. what is the company doing to try
things are very expensive. hospitals across sri lanka are running out of medicines and equipment to treat patients. foreign currency to pay for essential imports is running low. you don t know how many times we cried, actually, because we were very upset to see some important medicines were lacking, and because of that, the patients lives were in danger. we need more and more donations and we are completely dependent on donations for now. it s notjust medicines they re desperately in need of, but food. as this economic crisis continues to bite, they re turning to hand outs. this community kitchen started just a month ago. now, it s serving hundreds. for many, it s the only meal they ll eat all day. translation: we re here because we re hungry. i i m trying to feed my children.
translation: we couldn t afford normal food when i i was pregnant. i couldn t even buy medicines. sometimes, we adjusted by eating one meal a day. things are very expensive. hospitals across sri lanka are running out of medicines and equipment to treat patients. foreign currency to pay for essential imports is running low. you don t know how many times we cried, actually, because we were very upset to see some important medicines were lacking, and because of that, the patients lives were in danger. we need more and more donations and we are completely dependent on donations for now. it s notjust medicines they re desperately in need of, but food. as this economic crisis continues to bite, they re turning to hand outs. this community kitchen started just a month ago. now, it s serving hundreds. for many, it s the only meal