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BBCNEWS World July 4, 2024

A sharp fall in its net profit, slipping 25 in 2023 compared to the previous year. Aramco attributed the downturn to Lower Crude Oil prices and decreased production. The companys net income dropped from 161 billion in 2022 to 121 billion last year. Despite the challenges posed by declining oil prices, aramco will increase its dividend payments, providing a much needed financial boost to saudi arabia. Lets get more now from our middle east Business Correspondent sameer hashmi. With a big fall off in profit, why is it increasing its dividend . It its dividend . Is a steep fall compared to 2022. It is a steep fall compared to 2022. It is still the second best performance in terms of annual results at 121 billion. Two reasons why they increased the dividend pay out. Number one, Aramco Abbott is the main driver of the ....

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BBCNEWS Verified July 4, 2024

Business headlines. Us Investment Firm Elliott Advisors has walked away from making a takeover bid for currys after being rejected by the retailers board in its own words multiple times. It had initially proposed an offer that valued the electricals chain at £700 million, and later raised it to 757 million. But currys rebuffed the approaches, saying they significantly undervalued the business. Currys could still receive a bid from chinasjd. Com, which said last month it was mulling an offerfor the firm. Earlier i spoke with russ mould, Investment Director at the stockbrokers aj bell. There is but it it will focus on what the two main shareholders in currys have got to say, redwheel and frasers. Any bid will have to get their approval and one can only assume that wasnt forthcoming this time. They said it underval ....

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FOXNEWSW Americas July 6, 2024



but now this. a high profile court hearing could reveal new evidence today in the deadly stabbing of cash-out founder bob lee last month in san francisco. welcome to a new hour of america s newsroom, i m dana perino. good morning to you. bill: the details on this story are really startling, too. we may learn more today. i m bill hemmer. good morning. the suspect is back in court today for a hearing to determine if prosecutors have enough evidence to bring a case to trial. they haven t revealed a motive and there could be additional evidence we haven t heard about. the suspect an iranian citizen pled not guilty. we re live in san francisco where it s the story in that town. hello, claudia. good morning to you. nearly two months after tech executive bob lee was murdered, there is a question now as to whether today s preliminary hearing will actually happen. that is because of a conflict that appears to be brewing between the suspect and his high-profile attorney. wh ....

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BBCNEWS World July 6, 2024



for people in england, scotland and wales, average energy bills are set to fall by over £400 a year, that s over $500. the energy regulator ofgem has lowered its price cap for the typical household bill to £2,076, though the actual bill will still, of course, depend on how much energy people use. at its peak last year, the price cap reached more than twice that level, but households were shielded from the full impact of energy prices by a government price guarantee of £2,500. let s get more now from our personal finance correspondent kevin peachey. finally some good news. bills are still high but not as high as they were? ., , , still high but not as high as they were? . , , . ., , were? that this is certainly the case. were? that this is certainly the case- energy were? that this is certainly the case. energy prices were? that this is certainly the case. energy prices clearly - were? that this is certainly the case. energy prices clearly a i were? that this is c ....

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BBCNEWS Asia July 6, 2024



there is a roughly one in four chance that the us will hit the so called x date, when the us government runs out of money to pay its bills without a deal to raise the debt limit. that is according to the banking giantjp morgan chase. and they say the odds are getting worse. that forecast comes after house speaker kevin mccarthy said on wednesday that he thought progress could be made, but warned the two sides remain far apart. republicans are warning that any deal must cut future federal spending in exchange for raising the debt ceiling a red line for the white house. on wall street, us stocks fell as investors have been watching these talks closely for any sign of an agreement. and even if a deal is done in time, economists say that depending on the details, cuts to government spending are likely create economic headwinds that could bring down inflation a possible silver lining for the federal reserve, which has been raising interest rates to fight inflation. fed o ....

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