aid budget by 2026 to reach it. earlier, i spoke with michael wilkins, executive director of the centre for climate finance and investment at imperial college london. it s a little bit of a surprise if indeed it s true that the government will be remeasuring on its previous commitments of international climate finance, especially given that we re in the run up to the next climate change summit taking place in november, in the united arab emirates where this topic is bound to come up. and the uk s commitments, which were hopeful in glasgow only two years ago at cop26, will be looked into question. so it was a bit surprising when i saw it this morning. what kind of difference is this money do to make? due to make? well, you have to put into context, really, in terms of the amount of funding required to tackle the causes and the effects of climate change in the developing world. the poorer countries need massive amounts of investment, and they are just not getting it. you kno
to confirm prices are cooling. but with inflation still stubbornly high, policy makers here as in many other developed countries are not done raising interest rates. let s show you how investors reacted to that latest data which should other than expected data out of the united states. there are hopes and out of the country might avert a recession. you can see all of the main industries during better and banking share is also led wall street to close higher. banking shares also led wall street to close higher on thursday that s after recent health check showed the largest us banks have enough capital to weather a severe economic slump. in other news this morning sporting goods giant nike has reported its latest earnings for the fourth quarter. revenue came in at $12.8 billion dollars slightly higher than expected. this means nike has beaten revenue estimates for seven straight quarters. salesjumped in both its largest market north america and in china, following the easing of
inflation trending down. data due out later on friday from us economist department is likely to confirm prices are cooling. but with inflation still stubbornly high, policymakers here, as in many other developed economies, aren t done raising interest rates. michelle fleury reporting. let s quickly show you how markets reacted. all major major intersystem 0k all major major intersystem ok but japanese nikkei all major major intersystem 0k butjapanese nikkei opening but japanese nikkei opening slightly lower, butjapanese nikkei opening slightly lower, down by about i%. in other news, sporting goods giant nike has reported its latest earnings for the fourth quarter and revenue coming in at $12.8 billion. that s slightly higher than expected and it also means they have beaten revenue estimates for seven straight quartrs, with sales jumping in both its modest market, north america, and in china following the easing of covid 19 restrictions. chinese authorities have released data
department is likely to confirm prices are calling. but with inflation still stubbornly high, policy makers here as in many other developed economies aren t done raising interest rates. michelle fleury reporting. let s quickly show you how markets reacted. investors hope there may be a chance the us economy could avoid falling into a recession so we saw a bit of a rally in all the main indices. let s show you how japan s all the main indices. let s show you howjapan s nikkei has started, down by almost i%, profit taking also happening as well. in other news, sporting goods giant nikkei has reported its latest earnings for the fourth quarter and revenue coming in at $12.8 billion. that s slightly higher than expected and it also means they have been revenue estimates for seven street orders, with sales jumping in both its modest market, north america, and in china following the easing of covid 19 restrictions. going to china were on about how authorities are expected to releas