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BBCNEWS BBC News July 6, 2024



we still, of course, work out the detail of the inquiry, but we are still. it is still sinking in, to be honest. charges of attempted rape and assault are dropped against manchester united footballer mason greenwood, after a key witnesses withdraws involvement. the oil giant shell reports record annual profits of £32 billion the highest in its 115 year history. and a watchdog urges landlords to act now after tens of thousands of homes were found to have serious damp and mould issues. good afternoon and welcome to bbc news. the bank of england has raised interest rates from 3.5 to 4% their highest level since 2008. the increase will leave millions of households facing higher mortgages at a time when many are already struggling with energy and food bills. the bank also says the uk will enter recession, but it won t be as severe as they predicted last year. the governor of the bank of england, andrew bailey, has been speaking with our economics editor, faisal islam. ....

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BLOOMBERG Countdown June 22, 2024

Im Caroline Hyde. As we were just saying, we are getting breaking numbers from allianz. Just to run you through some of the numbers, the outlook is confirmed on the upper end of the range. This is the number one european insurer, confirmed its fouryear forecast. Of 2e getting net income billion euros, ahead of analyst estimates. The operating profit came in at 2. 84 billion. We are looking at property and Casualty Insurance at 11. 8 billion euros. We will get much more on these breaking numbers with hans nichols. It looks as though the insurance side of things, hans, is missing a combined ratio, that we are seeing better than expected numbers from a revenue perspective. Hans yeah. This that income is a big beat. It is coming in north of 2 billion euros. On that front it is a big beat. When you look at whats happening in insurance, there havent been many natural asasters, s ....

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BLOOMBERG On The Move June 22, 2024

This affects the euro, we saw it to do below are on the dip lower on the back of those numbers. We are trading flat now. Lets have a look at how the dollar is trading, what everyone cause the most important these of data in the world of economics. We have a strengthening of the u. S. Dollar in anticipation of september is the month Interest Rates will raise. Lets have a little look at how costs are faring ahead of u. S. Yields rising . Just a touch. Meanwhile, money flowing into spain, italy, and germany. Pretty much a flat morning when you look across the assets, can see any wild moves. Lets see if we can do better in terms of equity. And all little scattering of numbers, we broke it down down by 1 . Estimates. Lysts still net there are. Utflows seeping out hepoke with the cfo and said this is no longer the effect, this is a readjustment of portfolios. This is the biggest asset manager in europe. They managed to see it in flow bu ....

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BLOOMBERG The Pulse June 22, 2024

Welcome to the polls. Life from bloomberg headquarters here in london. It is jobs day in the u. S. Forstors will be searching meaning in the numbers ahead of the september Federal Reserve meeting. It may not be super thursday, but the u. S. Has key Economic Data on friday. The next to last jobs report before the Federal Reserves meets in september. The economist we raised we theeyed, predicts with unappointed rate Holding Steady at 5. 3 . As long as job growth and maintenance trend, with an average growth of 200,000, economists inc. The Federal Reserve will raise rates as early as september. Showed calls it a case of me why i shouldnt. One of the reasons the fed shouldnt is because of wage rates. The average ....

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BLOOMBERG Bloomberg Markets European Close March 30, 2017

We will get the latest on the drama. Lets look at where european equities are trading now. Under 30 minutes to the close. Quite a bit more green populating the equity part of the screen then one hour ago with portugal up 1. 9 . Gains in switzerland, luxembourg, norway. The stoxx 600 perhaps heading for a third day of gains. The bloomberg dollar index erased an earlier gains but downside on eurodollar, down 3 10 of 1 . Sterling rebounding, up 5 10 of 1 . Looking at what is happening with bond yields, downward pressure on the front end of guild. The twoyear yield down almost four basis points. The euro down for a third day, the divergence bets are back. The dollar has moderated that has come up comments from donald trump. Comments did push the dollar higher. The euro has been weakening on reports that the ecb sees investors have over interpreted its intent to exit stimulus. German regional inflation data coming in on the weaker side. The
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