We ll start with a busy evening of champions league football and a surprising loss for the five time winners of the competition. Barcelona have won theirfirst five la liga games of the season, but they were beaten 2 1 by monaco. Hansi flick s side were forced to play most of the match with 10 men, after defender eric garcia was sent off. George ilenikhena scored the winner for the french side, who are back in europe s top competition for the first time in five years. They bringa lot of players in and it wasn t easy to defend it after ten minutes or 12 minutes, for the game change, totally, but i can see is the positive thing that we try to do first, we tried to defend as a team and also attack as a team and we had chances. But today, we have to accept that. 21. Elsewhere, a late header byjose maria gimenez gave atletico madrid a 2 1win over rb leipzig. The german visitors took the lead in the fourth minute but atletico dominated for the most part with 20 attempts on goal before finding
Hello. We ll start with a busy evening of champions league football and a surprising loss for the five time winners of the competition. Barcelona have won theirfirst five la liga games of the season, but they were beaten 2 1 by monaco. Hansi flick s side were forced to play most of the match with 10 men, after defender eric garcia was sent off. George ileni khena scored the winner for the french side, who are back in europe s top competition for the first time in 5 years. They bring in players and it wasn t easy to defend it after ten minutes or 12 minutes, for the game change, totally, but i can see is the positive thing that we try to do first, we tried to defend as a team and also attack as a team and we had chances. But today, we have to accept that. 2 1. Elsewhere, a late header byjose maria gimenez gave atletico madrid a 2 1win over rb leipzig. The german visitors took the lead in the fourth minute but atletico dominated for the most part with 20 attempts on goal before finding t
Bumper cut the Federal Reserve slashes the cost of borrowing by half a Percentage Point. We take a look at what this says about the us economy. And the Bank Of England are minutes away from telling us whether theyre cutting rates or not. Markets think theyre staying where they are. Welcome to business today. We start in the us, and a big move by the Central Bank in cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a Percentage Point bringing it down to between 4. 75 and 5 . A drop larger than many expected with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Fede
I m ritika gupta. Welcome to business today, live from New York, us shares have made a strong start this thursday as investors wrap their heads around Thatjumbo Half Percent cut in Interest Rates from the Federal Reserve and later comments from chairjerome powell. Was it a Panic Measure in response to a sharp slowdown in the economy . Traders remember similar moves just before the Dotcom Crash the Global Financial Crisis and the pandemic. Well, in his Press Conference Mr powell was keen to dispel any such negative thoughts. The us economy is in a good place and our Decision Today is designed to keep it there. More specifically the economy is growing at a solid pace. Inflation is coming down closer to our 2 objective over time and the Labour Market is still in solid shape. Our intention is really to maintain the strength that we currently see in the us economy. Lets bring in steven schoenfeld, ceo of financial Data Provider marketvectors here in New York. We see equities rallying today.
Hello, im christian fraser. Youre watching the context on bbc news. The bbc reveals the former harrods boss, the late Mohamed Al fayed, has been accused of rape by five female Ex Employees. The metropolitan police says its aware of the allegations. Five women say they were raped by the late owner of harrods, Mohamed Al fayed, when they for worked for him at the luxury department store. The bbc has now heard testimony from more than 20 female Ex Employees who say the billionaire sexually assaulted them as well as claims that harrods helped cover up those allegations of abuse. Mohamed Al Fayed owned harrods until 2010. He died last year at the age of 94. The stores current owners say they are utterly appalled by the accusations. They added it has a process available to women who say they were attacked by Mohamed Al fayed, saying it has been our priority to settle claims in the quickest way possible, avoiding lengthy legal proceedings for the women involved. This report on the documentary