Bonanza for Chatg Pt Maker openai it takes in new funding, making it one of the most valuable Start Ups in The World. Will he or wont he show up that is Elon Musk is due to testify to the us Markets Watchdog over his Twitter Buyout after a no show last month. Welcome to business today, im ben thompson. We start in the Middle East where, as weve been reporting, President Biden has said the us does not support an attack by israel on irans nuclear sites in response to tehran s missile strikes on israel on tuesday. The us president said the israelis had a right to respond to the attack, but they needed to do so proportionately. In the latest fighting, israel has bombed a building in central beirut. Oil prices have risen since wednesday over supply fears, with markets regaining ground as investors seemingly come to terms with the escalation. Lets have a quick look at the price of oil. This is the one to keep an eye on, Brent Crude up another 2 today taking it above 75 per barrel. For more o
Senior Investment Strategist at Edward Jones here in new york. Were seeing a dent in risk appetite. The market is grappling with a variety of worries tensions in the Middle East, a Port Strike and election uncertainty. Do you expect to see volatility . Are there any opportunities . Yes, it is great to be here, and we are moving nicely thus far this year and we are moving nicely thus farthis year in and we are moving nicely thus far this year in the snp 500, up far this year in the snp 500, up nearly 20 . As you noted, youre heading into a choppy October Period and facing mounting walls of worry in the market, including the upcoming election on November The 5th and the ongoing Port Strike on the Eastern Seaboard as well as growing escalations and tensions in the Middle East. We say investors in markets should prepare for bouts of volatility ahead of a 20 rally also, that is a natural next step in terms of what might happen in markets. We are probably due for a period of pull back, but w
smog from wild fires in canada, blankets new york and large parts of the east of the usa. nearly 100 million people could be affected. supermarkets are seeing a massive change in the way we shop. news research shows we re buying groceries less often since the pandemic, and the shift to online has slowed. i ll be taking a look. good morning. today s weather is very similar to yesterday. as we head to the weekend it is going to turn hotter and more humid by day and by night and we are looking at the chance of some thundery downpours. all of the details later in the programme. our main story. west ham fans have been celebrating into the night after the club won its first major trophy for more than a0 years. a 90th minute goal by jarrod bowen saw the hammers beat italian side fiorentina 2 1 in the europa conference league final in the czech capital prague. mike is there for us this morning. good morning, mike. i m surprised it s a quiet but i do and there are not still revellers
following allegations of inappropriate behaviour made by four women. clashes break out following last night s match between west ham and az alkmaar when fans of the dutch side tried to attack people in the guest area for west ham. welcome to bbc news. it is a day of two important summits with the war in ukraine being the common theme. at the g7 gathering injapan, world leaders met to discuss a new round of sanctions against russia. while at the arab league meeting in saudi arabia president zelensky made a surprise visit, urging those attending, to support ukraine. he told the gathering injeddah that on this, the asoth day of the war the world needed to fight the virus of aggression from moscow stressing kyiv would not give up any sovereign territory to achieve peace. also making the headlines at that summit president assad of syria the first time he s been invited to the arab league since the devastating civil war, that s blighted the country. here he is
this is bbc news, the headlines: two summits dominated by the future of ukraine president zelensky arrives in jeddah to appeal for arab support. unfortunately, there are some in the world and here among you who turn a blind eye to the cages and the illegal annexations. syria s president assad is invited to that arab league gathering we ll assess the significance of that after a decade of brutal civil war. the clean up after devastating floods in northern italy continues, which left 14 people dead and forcing thousands from their homes. we will be live on that story in just a moment. sport now and a full round up from the bbc sport centre. hello from the bbc sport centre. alun wyn jones, alun wynjones, the most capped international player for wales, alun wynjones, the most capped international player for wales, has retired from international rugby. he played 170 test matches for wales and the british and irish lions. he had been named in the squad for the world cup i