offer of a truce, now ended, was deceitful. he said peace in ukraine would only be restored when russian forces were expelled. kevin mccarthy has been sworn in as speaker of the us house of representatives, after 15 rounds of voting. a small group of republican rebels had derailed each previous attempt. the new speaker says it was the influence of former president trump that helped him secure the position. iran has been widely condemned after executing two more anti government protesters. mohammad mahdi karami and seyed mohammad hosseini had appealed against their sentences for killing a member of the security forces during nationwide protests against the government last year. they said they d been tortured into making false confessions. now on bbc news, talking business. 100 years ago, oil was the most sought after commodity. today, it s these chips that run the world. they provide the processing power for everything we use, from smartphones to aircraft and cars to microwave
family members say they were not permitted to meet the men before they were killed. president volodymyr zelensky welcomes the announcement of the us supplying ukraine with armoured fighting vehicles for the first time. meanwhile, russia s unilateral ceasefire appears to have had little effect on the front line. you re watching bbc news. now, it s time for talking business. a hundred years ago, oil was the most sought after commodity. today, it s these chips that run the world. they provide the processing power for everything we use, from smartphones to aircraft and cars to microwaves. but the fight for who controls the supply chains, the network of companies that make these devices, is escalating. translation: we will focus on national strategic needs l and pool our resources together to boost cutting edge research in science and technology domestically, and resolutely win the battle in key technologies. so instead of relying on chips made overseas in places like china, the s
in computing, it will try to apply those to intelligence capability then to military systems, since that s what all great powers have tended to do in the past. linghao, if i can bring you in, how are the us efforts to try and prevent china from advancing and chip technology affecting chinese companies? i think the most famous example is huawei, right? the company was cut off from getting advanced chips for a smartphone. and to give you a bit of context, like how impactful that was, at that time, huawei was the second largest smartphone maker in the world, after samsung. but now, huawei s smartphone business is essentially dead. so that sjust, you know, how easy it was for washington to cripple a chinese tech company. if you look at the latest us export controls, that is the most aggressive actions that from the us the world has seen. previously the us was targeting individual chinese companies, but this time the scope has expanded to the entire country. beijing has gone to th
The inside track today on alcantara. Its the product youve probably never heard of that Luxury Brands love to use. And as the american owner of Shredded Wheat completed their acquisition of weetabix, we want to know, what do you love to eat for breakfast . Just use the hashtag bbcbizlive. Hello and welcome to Business Live. Welcome to the programme. Its the 4th ofjuly and while americans will be taking the day off to mark independence day, the republicans and democrats will have differing views on whether the state of the countrys economy gives cause for celebration. The self styled ceo president wants america to grow by 3 a year a level not seen for over a decade. With growth currently atjust 1. 6 , how exactly does he plan on doing it . Central to his plan is the renegotiation of us trade deals. The Trump Administration now says that it plans to start talks over the north america Free Trade Agreement as soon as practicable. Similarly, the president has pulled out of a Global Climate
On safety grounds, and in some cases residents are not getting enough to eat or drink. Now on bbc news, all the latest Business News live from singapore. Despite all the scandals, samsung still appears to be making a lot of money. And the 620 meets in germany. We look at how americas protectionist stance is affecting its global position. Hello and welcome to Asia Business report. I am sharanjit welcome to Asia Business report. I am shara njit leyl. Welcome to Asia Business report. I am sharanjit leyl. From exploding mobile phone batteries to its Chief Executive being behind bars, samsung has had its share of scandals, lately. Despite all about, has had its share of scandals, lately. Despite allabout, it has had its share of scandals, lately. Despite all about, it is more money than apple in the First Quarterfor more money than apple in the First Quarter for the first time, with profit coming in at over 12 billion. And as this mobile research a nalyst billion. And as this mobile Researc