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Transcripts For BBCNEWS World Business Report 20240706

to ask after the weekend rescue of credit suisse by ubs. in the last half hour or so the us treasury secretary janet yellen has continued to offer reassurances that the banking system is stable in a speech to bankers in washington. she s been saying that the us government is prepared to help more banks if that s what is needed. the government s recent actions have demonstrated our commitment to take the necessary steps to ensure that savings and the banking system remain safe. our intervention was necessary to protect the board a us banking system and similar actions could be warranted if smaller institutions suffered that pose the risk of contagion. and if we look at the latest on the financial markets we can see that they are in positive terittory. they re expecting some of those reassurances from politicians. we can move on and see some of the banking shares here in london, hsbc. these are some of the stocks at lost valley yesterday as those concerns grew about ubs and cre

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Transcripts for BBCNEWS World Business Report 20240604 14:37:00

universial music group is one of the biggest record labels out there. its boss for africa, middle east and asia is adam granite, and hejoins us now. good to have you with us. i want to start with this. is itjust streaming that s driving this growth because vinyl is also doing pretty well? ,, ., ., . ., , well? streaming are certainly the bi est well? streaming are certainly the biggest component. well? streaming are certainly the biggest component. 67% - well? streaming are certainly the biggest component. 67% of- well? streaming are certainly the biggest component. 6796 of our. biggest component. 67% of our revenue but yes physical as a category also grew in 2022. hater revenue but yes physical as a category also grew in 2022. how much of this of this category also grew in 2022. how much of this of this resurgence category also grew in 2022. how much of this of this resurgence of category also grew in 2022. how much of this of this resurgence of vinyl - of this of this resurge

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