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Transcripts For BBCNEWS Asia 20240704

American Steel Company and said its vital that the company remain owned and operated in the states. This is a big deal and notjust politically. And not just politically. Nippon and notjust politically. Nippon steel is said to pay 14. 9 billion to acquire us giant. But politically, this is territory President Biden knows too well. He is custom self as a champion of the Working Class and called themselves the most prounion president in history. He made headlines for walking the picket line with striking order Union Workers last fall. Unionised steelworkers could land the president support in his election bid, the North American Lustrous Union and for its part, former President Donald Trump pledged to block the deal if he retakes the white house. The president of the United Steelworkers International welcome to the coal from International Welcome to the coalfrom biden on International Welcome to the coal from biden on thursday, agreeing that Foreign Ownership will leave the us more honour

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Transcripts For BBCNEWS Asia 20240705

higher. i spoke to tribeca investment partners, who told me what was driving the rally. 2024 - me what was driving the rally. 2024 we re heading to a good start. certainly the investor optimism has returned after the first couple of weeks of a little bit of weakness. investors have decided 2024 is going to be a year where interest rates will head lower locally and the economic activity will slow down, but not as bad as feared previously. so all that combined, it s good to see the nasdaq pushing higher, led by big tech, and everybody else heading the right way. big tech - we re hearing heading the right way. big tech - we re hearing some heading the right way. big tech - we re hearing some good - we re hearing some good things, some lay offs as well? sure. i do think big tech is going through for 2024, certainly they ve had a great start, but i do think they will slow down somewhat because of the things you talk to. their earnings were slowed somewhat because costs a

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Transcripts For BBCNEWS Asia 20240705

record more than a year ago. the dow and nasdaq also closing higher. i spoke to tribeca investment partners, who told me what s driving the rally. 2024 we re heading to a good start. certainly, the investor optimism has returned after the first couple of weeks of a little bit of weakness. investors have decided 2024 is going to be a year where interest rates will head lower locally and the economic activity will slow down but not as bad as feared previously, so all that combined, it s good to see the nasdaq pushing higher, led by big tech, and everybody else heading the right way. big tech we re hearing some good things, some lay offs as well? sure. i do think big tech is going through for 2024, certainly they ve had a great start, but i do think they will slow down somewhat because of the things you talk to. their earnings were slowed somewhat because costs are higher. i do think that the ai related sectors within the big tech will do betterjust because there s a pheno

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Transcripts For BBCNEWS BBC News 20240707

hello and welcome to audiences in the uk and around the world. ukraine says its forces are enduring intense russian shelling in the eastern city of lysycha nsk, but denies claims that they are surrounded. russia has also fired more missiles at cities in the north and south. lysychansk is the last ukrainian held city in luhansk, which is part of the industrial donbas region. these pictures from russia s state owned domestic news agency, ria, show drone images of battles near the city. but kyiv denies the claims that russian backed fighters have encircled the city. elsewhere, russia is continuing its missile strikes. in the south, ukraine s military says mykolaiv has been hit by ten missiles targetting the port and other industrial infrastructure. it s not yet clear if there are any casualities. the ukrainian authorities have accused moscow of hitting civilian targets in an effort to force them into making territorial concessions. meanwhile, two more britons captured by russian

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Transcripts For BBCNEWS BBC 20240703

Lets speak to our scotland Political Correspondent, jenni davidson. Jennl jenni, for those of us that dont follow the Politics Of Scotland that much, who is this activist . Follow the Politics Of Scotland that much, who is this activist . Well, he has a bit of much, who is this activist . Well, he has a bit of a much, who is this activist . Well, he has a bit of a track much, who is this activist . Well, he has a bit of a track record much, who is this activist . Well, he has a bit of a track record of has a bit of a track record of challenges to the snp leadership. He is a former lawyer. Last year he stood against former snp msp and former government minister mike russell for the snp presidency. And quite memorably, he also described the snps Independence Policy as flatulence in a trance, whatever that might mean im not quite sure. So we have been Hearing Reports in the last couple of days that Graeme Mccormick is planning to challenge john swinney for the snp leadership. It had looke

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