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BBCNEWS World July 5, 2024

case and what the and he was there was a and they also settled a russian tanker that in karachi on sunday and that is packet study perspective they can get hold of any oil and if they don t have to pay in us dollars that is welcome. of course it is controversial because western countries have imposed sanctions on russia for its invasion of ukraine, so it all oil exports have been restricted. they have announced a price cap of $60 a barrel. pakistan has been negotiating with russia for months to get discounted oil. a short while ago the petroleum minister said that they are going to pay in the chinese currency. that is again a benefit to pakistan because foreign exchange reserves have dropped below $4 billion and now they are looking for ways to pay. this all against a pretty weak economic picture for pakistan. it is facing a lot of economic trouble and therefore it needs this cheap energy. at the same time i wonder what needs to be done to try and set the economy back o ....

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BBCNEWS World July 5, 2024

one weekend in march, and now we ll see two cultures colliding. there are likely to be manyjob losses, staff will be bracing for those. however, as you say, the boss of ubs has said, look, we have a lot of opportunities here as well, and of course it does mean that ubs is able to access key markets in wealth management that it would have taken years to do had it not taken over credit suisse. and of course the deal reached with the swiss government effectively for the government to back around $10 billion of losses that it could see when it sells of chunks of credit suisse s business, will have helped sweeten this deal. it is going to have a fight on its hand but arguably, credit suisse s footprint does mean that that is probably going to be easier to at leastjoin the fight now that it has all of these assets under management and of course, has already established partnerships around the world. so certainly that will be the ambition. it s a big ambition. i don t think ne ....

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BBCNEWS World Business Report June 4, 2024 10:37:00

Said he had earned it. 0ur huge appetite for renewable energy has set off a new race this time for raw metals like nickel and cobalt. you can either dig them out of the ground or in theory pick them off the ocean floor. but as michelle fleury has been finding out, sea bed mining might be more complex than it seems. this robot was designed to collect rare metals from the ocean floor, like nickel and cobalt, via a process they call selective harvesting. using artificial intelligence and sensors, it is able to recognise the valuable metals while leaving important marine ecosystems intact. we are really focused on preserving the habitat. 0liver gunasekara brought us to this bay in ontario, canada. we are really trying to invent a different way of deep sea mining. when i saw what was being done, and the fact there was really no innovation for 50 years, ....

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BBCNEWS World Business Report June 4, 2024 13:35:00

0ur huge appetite for renewable energy has set off a new race this time for raw metals like nickel and cobalt. you can either dig them out of the ground or in theory pick them off the ocean floor. but as michelle fleury has been finding out, sea bed mining might be more complex than it seems. this robot was designed to collect rare metals from the ocean floor, like nickel and cobalt, via a process they call selective harvesting. using artificial intelligence and sensors, it is able to recognise the valuable metals while leaving important marine ecosystems intact. we are really focused on preserving the habitat. 0liver gunasekara brought us to this bay in ontario, canada. we are really trying to invent a different way of deep sea mining. when i saw what was being done, and the fact there was really no innovation for 50 years, the same architecture that was tested, it was like why are we not using robotics, why are we not using ai? the decision about whether to allow deep sea minin ....

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