we begin with the airline industry and hope for staff at the collapsed airline flybe. ryanair and easyjet say they are happy to snap them up. easyjet says it has 250 vacancies for cabin crew, ryanair says it has vacancies in all categories, including pilots, engineers and ground staff. flybe went into administration on saturday putting 277 staff out of work. in about 25 minutes we ll be getting ryanair s third quarter results which are expected to be strong due to pent up travel demand. joining me now isjohn strickland, airline analyst atjls consulting. good morning, lovely to see you. let s start with flybe. the staff were concerned about their future but easyjet and ryanair say they are ready and waiting. ryanair say they are ready and waitinu. ~ ryanair say they are ready and waitin-. . , ryanair say they are ready and waitinu. ~ , ., ryanair say they are ready and waitinu. ~ u, ., ., ., waiting. we could not have a better contrast waiting. we could not have a better c
let s update you on the fallout following the collapse of silicon valley bank. injapan today shares in its biggest banks have dropped sharply as global markets react to the banking sector sell off in the us. despite a promise from us president biden that his government would do everything needed to maintain stability. on monday americans were lining up outside their branches to access their funds. some venture capitalists in california were seen taking out their money in cashier cheques worth millions of dollars. the volatility sparked by the collapse of svb has led to speculation the federal reserve will now pause its plans to keep raising interest rates, designed to tame inflation. our north america business correspondent, michelle fleury, reports from new york. what the hammock in the us banking sector means for the broader economy is to be seen but it s taking calculations about how america s fight against inflation maeve plouffe. economists at goldman sachs no longer exp
in its latest operating profits, with soaring parts inflation hitting the bottom line. let s focus on the main business stories. president biden who has accused oil and gas companies of war profiteering and threatened them with a windfall tax. in the uk the focus will be on the oil giant bp. last week shell reported is second highest quarterly profit on record but it was not required to pay the uk windfall tax on energy firms due to making large investments in the uk. oil and gas prices began to rise and a surge since february after russia s invasion on ukraine resulting in bump up profits. let s get the numbers out of the way. paul, what is bp expected to say today? it is auoin bp expected to say today? it is going to save bp expected to say today? it 3 going to save profits are going to be strong but unlike the previous quarter, it would not be the triple digit we saw last summer and that would be reflected. in summer and that would be reflected- reflected. in terms of t
Of digital markets, on trial for fraud and money laundering. At the heart of the case, whether mr bankman fried unlawfully used Customer Deposits from his crypto exchange, ftx, to cover debts, expenses and investments of his crypto hedge fund, alameda research, and to enrich himself and his inner circle. He has pleaded not guilty. The governments first witness was a former ftx customer who deposited £110,000 on the exchange. The government is expected to call on people who lost money when ftx went bankrupt, as well as at least three former executives at ftx and alameda, who were also personally close with mr bankman fried. The british car market grew in september, according to new figures. The society of Motor Manufacturers and traders says its up 21 on the same period last year. But sales of Electric Vehicles fell sharply, pulling the share of ev sales down to 16. 6 of the overall market. Lets cross live now to mark tisshaw, whos the editor of autocar. Mark, explained this, because w
A dodgy situation. Dieselgate two . Or just a misunderstanding . Us watchdogs accuse Fiat Chrysler over its emissions software. The boss calls it absolute nonsense. Plus, is it a console, ora hand held . Nintendo takes on sony, microsoft and Mobile Phones with its new hybrid device. But can it convince gamers to switch . Welcome to World Business report. Im aaron heslehurst. We will be talking to a tech guru about that latest nintendo gadget in a moment. But first we start in the us, where car giant, Fiat Chrysler, is denying it faces its own dieselgate scandal, just a day after volkswagen was fined more than 4 billion for cheating emissions tests. The us regulator, the Environmental Protection agency, is accusing Fiat Chrysler of failing to disclose emissions software, at least eight different types, installed in thousands of its diesel vehicles. It says the software allowed the cars to exceed pollution limits, and pump out higher levels of harmful nitrogen dioxide. But the companys b