Transcripts For BBCNEWS Business Today 20241004 : comparemel

Transcripts For BBCNEWS Business Today 20241004

A question about whether or not there would be any improvement on retirement benefits that were offered in healthcare but perhaps, biggest issue of all was automation. When i was at the picket line earlier this week at the port of newark, one of the busiest on the east coast, there were lots of signs. People say automation doesn't feed families. There was a lot of anger and concern that essentially that advanced technology would replace them and theirjobs. And that is what they saw this fight primarily being about. So the question is, will they be any progress between now and january 15? i have reached out to the union but haven't heard back as to kind of whether there has been any movement on this key issue. The strike carried out for two — three days, is there any way of knowing how much damage that caused? at this point, some of the damage would be things like perishable items. I was going to talk them next week because he estimated he run out by about monday or tuesday. Luckily, the cause of the strikers lasted two days and people had the chance to anticipated, the damage may not have been too severe at this stage. This is a story that we are following closely and you can find out more of our coverage on the port strike on our website. A bit on the mobile app as well. European union will vote later on friday on whether tariffs for electric vehicles from china should be increased. If the vote passes, taxes on these evs could become high as 45%. Germany has been outspoken in the opposition to the hike and indicated it may abstain from the vote. Oil pricesjumped by 5% after us presidentjoe biden said israel was considering strikes on iran's oil industry. He said in off—the—cuff remarks to reporters on thursday that the us was supporting israel in the move. Iran is one of the world's largest oil producers and has launched a missile attack on israel earlier this week as violence in the middle east escalates. Kelvin tay explains why this is a significant risk for markets. If you strike iran's oil, it represents a certain escalation of the war in the middle east and it threatens the entire region because don't forget that iran controls the whereabouts to 25—30 million oils per day. And iran, it's a significant oil producer, producing 3. 5 billion barrels a day so that means that the entire oil supply from the middle east is likely to be under threat if iran decides to go and control or shutter the streets. It's not something that we can do with at this point in time when we have the ongoing ukraine—russia water. And russia is the biggest oil producer. Gas and oil combined. How are you weighing the risks? the risks are high but we think that whenever there is a problem with the middle east, whenever there is an issue with the oil supply, the impact on global capitol markets does not last that long. So, they spike, this risk of the dollar strength and that we've seen the last couple of days but it doesn't last indefinitely. At end of the day, oil prices are more or less dictated by demand and supply. And in turn, its affected by the global production levels and on top of that, demand for oil. But if you have the chinese economy recovering at the same time, given the stability coming in last week, and at the same time, oil production supplies coming down then perhaps, oil prices might spike indefinitely. Military conflicts region multiple regions around the world, the question of how businesses keep their operations and staff safe is more essential than ever. On this week's talking business weekly, ben thompson speaks to the boss of ukraine's largest private energy supplier whose operations have been in russia's line of fire for more than two years. He started by asking about the threat to ukraine's nuclear power plants. Our nuclear facilities and nuclear power plants is the foundation of the whole energy of ukraine. And you know, i can say that our nuclear companies doing greatjob under these circumstances, have enough capacity to go through campaigns and get all these facilities ready for the winter. But of course, its primary target for russians because what they do and they tried to disconnect nuclear power stations from the grid. And in this case, you rely a lot on the air defence forces. A lot of attention to these over the last weeks, it's publicly stated by our president, by our minister of energy so that we need protection and i think that we can cope with this as well. So, we have done, and our colleagues in nuclear companies, they've done theirjob. Make sure that all nuclear operations are on for the coming week. Now, we rely a lot on the partners that we have enough air defences systems and ammunitions to protect this powerstation against. I spoke to you just after the war and you talked about the challenges you are facing then. Here we are, entering its third year of war. Did you ever think that this war could go on for so long and you would still be facing the sorts of challenges? in my opinion, you can never be prepared for war. Physically or even mentally. But you shouldn't just think, every day win this war. You have to fight. And stronger you are, more resistant, then sooner this war will be over. You can see the full interview on this week's talking business weekly with ben thomson. The singapore property tycoon will be charged on friday in relation to a corruption scandal that has gripped the country. Ong beng seng it is linked to cabinet minister who is sentenced to 12 months jail early this week. He is widely known for bringing formula i racing to the city, he owns the rights of the annual event known as the singapore grand prix. The union government launched a highly publicised internship scheme on thursday to provide youth will relevant job experience and skill sectors. The project aims to provide internship opportunities to 10 million units over the next five years. Let's get more from the bbc�*s india business correspondent. This sounds very promising, can the scheme address unemployment concerns among india's youth? well, that is the big game in this ambitious project because unemployment among the youth has become a huge concern and a huge challenge for the indian government which is posing biggest threat to the growing economic growth of the country, according to india's own survey this year, 65% of india's population was below the age of 35 but only half of them were employable so it's very important according to experts as well as mums of the government that they are addressing the skill gap between education qualifications and what the industry requires. That's what the scheme is trying to fit itself in and how it works is that companies post their internship openings on a portal, candidates can then apply an indian government has allocated over $95 million in the first phase hoping to provide internship opportunities to over 125,000 people. There will be spinning roughly around $800, per candidate per year and that amount goes from the company's own office from the corporate social responsibility scheme. But having said all this, while this might be a step in the right direction, it's an important one that is not mandate, or compulsory for participating in the scheme or also having said that, that these internships to actually convert themselves into jobs, this is the government said to provide them a relevant skilled experience in that particular area. So, yes, step in the right direction it is important to skill india's youth so they don't have to rely on government edit internship schemes and they can actually secure themselves a job. Secure themselves a “ob. Thank ou for secure themselves a “ob. Thank youforgivingh secure themselves a “ob. Thank you forgiving us_ secure themselves a “ob. Thank you for giving us the h secure themselves a job. Thank you for giving us the contacts. I you for giving us the contacts. Is on is gearing up the e—commerce giant announced it would hire 250,000 people in the us ahead of the festive season that begins in late november. Thejobs season that begins in late november. The jobs are a mix of full—time, part—time and seasonal contracts. Before we 90, seasonal contracts. Before we go, google has released a new feature that allows users to search by taking a video. With the new tool, user willjust need to point the camera at an object and asked question. To get search results. The artificial intelligence feature was made available globally hours ago. With available both on iphones and android phones as well. I will leave you to explore that and in the meantime, thank you forjoining meantime, thank you forjoining me here on business today. Bye for now. Hey, i'm ruby with the catch up. Tonight: vaping, the mobo awards and chaos on the runway. But first: the trial of a met police officer has heard how he may have been feeling angry and annoyed when he shot and killed a man in south london. 24—year old chris kaba was shot dead while he was driving through streatham two years ago. The prosecution said that the decision to open fire was not reasonably justified. Martyn blake — the officer on trial — denies murdering chris kaba. Some other news 110w. 28 health workers have been killed in lebanon since yesterday, according to the world health organization. The lebanese government says this brings the death toll from israeli attacks to almost 2,000 since last year. Israel says it's fighting hezbollah, not the lebanese people. A 35—year—old man has been arrested after a suspected acid attack on a 14—year—old girl outside a school in west london. Police say they're searching for a man who was wearing a mask or balaclava and riding an e—scooter. 1 million adults in england who didn't regularly smoke have now started vaping — that's according to a new study. 14% of 18— to 24—year—old non—smokers now use vapes. And newcastle will host the mobo awards for the first time next year. The awards have celebrated black musicians since 1996, honouring artists like little simz, stormzy and beyonce. Time now for ten seconds of chaos on the runway as a bomb believed to be from world war ii randomly exploded at a japanese airport. Luckily, no—one was hurt, though. You're all caught up now. Have a good night! hello and welcome to sportsday. I'm lizzie greenwood—hughes. Here are the headlines: on a busy night of european football, manchester united throw away a 2—goal lead at porto. Caitlin clark caps a sensational season to win the wnba's rookie of the year award. And on the brink of history, can sir ben ainslie skipper great britain to the america's cup for the first time in 60 years? hello there. So a good mix of sport for you, starting with a busy night of european football. Let's start with the europa league and manchester united. Under pressure after a poor start to the season so far, they faced porto in portugal and things were looking up when marcus rashford put them ahead early on. Rasmus hoyland then made it 2—0 after 20 minutes. But they let porto back in, conceding two goals before half time and then again not long after the break — samu ormorodion with two of them. So 3—2 down, things were looking desperate when bruno fernandes was then sent off in the 81st minute for two yellows and porto kept coming but united also kept fighting and somehow in added time substitute harry maguire scored the vital equaliser. 3—3 it ended, but what does that really mean? well our reporterjoe lynsky was watching the action.

Related Keywords

Strike , Lot , Ports , Dozens , Sense , Maine , Texas , Michelle , Bbc , Three , Two , Union , Issue , Wages , Progress , Dock Workers , Statement , Talk , Agreement , Details , Strikes , Employer , Tens Of Thousands , Pay Offer , Words , United States Maritime Alliance , Job , Some , Issues , Idea , Coast , Negotiating Table , Both , 15 , One , Question , Retirement Benefits , All , Whether , Healthcare , Automation , Picket Line , Improvement , Port Of Newark , East Coast , Concern , People , Fight , Signs , Technology , Anger , Theirjobs , Doesn T Feed Families , Lots , Haven T , January 15 , Things , Point , Damage , Way , Movement , Items , Story , Cause , Strikers , Port Strike , More , Stage , Chance , Website , Coverage , Bit , Mobile App , Monday Or Tuesday , Germany , Opposition , Vehicles , Vote Passes , Taxes , Hike , China , European Union , Evs , 45 , Iran , Vote , Oil Industry , Israel , Oil Pricesjumped , Presidentjoe , 5 , World , Us , Middle East , Remarks , Missile Attack , Oil Producers , Reporters , Move , Violence , Kelvin Tay , World War Ii , Oil , Region , Risk , Markets , Escalation , Whereabouts , Don T , 25 , 30 Million , Threat , Supply , Barrels , Producer , 3 5 Billion , Risks , Ukraine , Oil Producer , Streets , Control , Something , Gas , Water , Russia , Oil Supply , Dollar Strength , Problem , Impact , Global Capitol Markets , Oil Prices , Demand , Production Levels , Oil Production Supplies , Top , Stability , Economy , Chinese , Ben Thompson , Operations , Businesses , Talking Business Weekly , Energy Supplier , Essential , Regions , Safe , Staff , Conflicts , Boss , Facilities , Energy , Foundation , Nuclear Power Plants , Plants , Line Of Fire , Companies , Russians , Power , Stations , Greatjob , Circumstances , Winter , Campaigns , Course , Primary Target , Grid , Capacity , Air Defence Forces , Case , Attention , President , Minister , Colleagues , Protection , Theirjob , Powerstation , Partners , Air Defences , Ammunitions , Systems , Against , Challenges , Sorts , Opinion , Singapore Property Tycoon , Corruption Scandal , Interview , Relation , Ben Thomson , Cabinet Minister , Country , Rights , Formula , City , Event , Ong Beng Seng , 12 , Government , Project , Internship , Youth ,

© 2025 Vimarsana