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programme. i m sally bundock. if you have just joined if you havejustjoined us, you are in time for the top business stories. france is on edge, as you know, because as you have been hearing, it has had many, many days of riots, which has been a real problem for president macron, who will be meeting the mayors of 220 municipal areas today that have been affected by the recent violence. riots in france appear to be calming, after five days of violent protests in response to the shooting and the killing of a teenager, nahel m, during a police traffic stop. there are concerns that the spate of violence will have a long term effect on the tourism sectorjust as the summer season begins. french media outlet le point quoted a tourism official as estimating that up to 25% of hotel bookings in paris had already been cancelled. in some regions, financial support has been announced for looted businesses and hospitality venues. joining me now is charlotte de montpellier, senior economist ....
stop why did you accept the role? ~ ,, ~ ., role? well you know when minister role? well you know when minister burbach - role? well you know when minister burbach called i role? well you know wheni minister burbach called on role? well you know when - minister burbach called on the new german government, which had i would say the most impressive impressive on climate change domestically and international i thought i always try to go where i feel like i can make the biggest difference baerbock. and the opportunity to work for such a government administer at this time in climate i thought i have to give it a go. greenpeace, we always talk about acts of courage and i decided i needed tojump. crosstalk. annalena baerbock, the german foreign minister who is you are referring to their the former coleader of the green party in germany so that s what attracted you 0k, that s what attracted you ok, you said you are working for a broad coalition for an ambitious global climate pol ....
quarter of this year the bank s last quarter before it had to be rescued by swiss rival ubs. and they illustrate the scale of the crisis which was around the corner. between january and march, credit suisse made a pre tax loss of nearly $1.5 billion. to add to its woes, a massive amount of deposits were withdrawn in the three month period. total outflow was nearly $69 billion. and to remind you what happened next, when there were fresh doubts about the stability of the banking industry a few weeks ago, investors became increasingly fearful for the future of credit suisse. it was eventually bought by its swiss rival, ubs, in what was described as an emergency rescue. the $3 billion price tag was a mere fraction of what the bank would have previously been valued. let s get more now from russ mould, investment director at aj bell. worryingly for the bank, desposits are still being withdrawn. how significant is that? hello, yes, they did say they feel that the outflows ....
this is the scene live in southern turkey as rescuers continue their pain staking search for survivors. we ll bring you all the latest developments from our correspondents who are there. us fighterjets shoot down an unidentified aircraft over alaska after president biden gave the order to seek and destroy. troops are trying to salvage the wreckage. in washington president lula of brazil is seeking joe biden s backing for a new global forum to fight climate change. residents in australia and new zealand are urged to take shelter as cyclone gabrielle hurtles towards the islands threatening to bring destructive winds and heavy rain. hello and welcome to bbc news. the number of people known to have died in monday s earthquakes in turkey and syria has risen to more than 2a,000. millions are thought to be homeless in the region, and rescuers are increasingly focusing on those requiring food and shelter. the united nations says almost 900,000 people are in urgent need of h ....
the electric car giant tesla has announced plans to build a new huge factory in shanghai. it will make thousands of lithium battery packs every year. china is the world s largest car market, and whilst tesla generates most of its money from its electric car business, boss elon musk has committed to growing its solar energy and battery business to roughly the same size. here s mariko with the details from singapore. it is quite a big deal because of course, tesla already has that huge plant in shanghai to make electric cars, so it is basically increasing its investment in china. the fact that this announcement came when tensions between washington and beijing are quite high, that is quite interesting. as you said, this is a mega factory, to produce mega packs. they are basically very large batteries that can store energy, so that they can help stabilise the power grid and also prevent outages. now, of course, many of our viewers associate tesla with those electric cars a ....