Stay updated with breaking news from Bumper profits. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
we start with the soaring cost of living, because borrowers around the world already battling rising food and energy costs are now facing more expensive mortgages and loans. on wednesday, the us federal reserve raised interest rates by half a percentage point, the most aggressive increase in more than two decades. it came as central banks in india and brazil unveiled their own rate rises. and in a few hours time the bank of england is widely expected to push up the cost of borrowing for the fourth time since december. more on that in a moment but first this from our north america business correspondent michelle fleury. the price of a big mac is up. consumer prices at their biggest levels forfour decades. president vibe touting his efforts to boost growth and reduce the deficit. reduce the deficit. bringing down the reduce the deficit. bringing down the deficit reduce the deficit. bringing down the deficit is - reduce the deficit. bringing down the deficit is one - r ....
a tearful amber heard takes the stand for the first time in the defamation trial brought by her former husband johnny depp she alleges domestic abuse. he was the love of my life, but he was also this other thing. and the other thing was awful. iam in i am in coventry with the queen s favourite and a pack of corgis. these puppets have been revealed for the first time to celebrate the queen sjubilee pageant. good queen s jubilee pageant. good morning, queen sjubilee pageant. good morning, sam fog to watch out for especially in the south. in england and wales, largely dry and warm. in scotland and northern ireland, you have more cloud and also rain. all the details throughout the programme. it s thursday, 5th of may. our main story. ukrainian officials say there s been heavy fighting with russian forces who have entered a steelworks plant in mariupol the last holdout in the city. about 200 civilians are believed to be sheltering inside the plant, including children. ukraine ....
this is bbc news, the headlines: hundreds of post office employees wrongly convicted in the uk s biggest miscarriage ofjustice are due to have their names cleared under new legislation. albania s constitutional court has approved a controversial agreement to return asylum seekers in italy to albania. and police in the uk warn about drivers under the influence of illegal drugs. time for a look at the business news now with mark. artificial intelligence has hit the tipping point. that was the message in recent hours from jensen huang, the boss of nvidia. it dominates the market for al chips. their earnings and forecasts were better than expected. profits for the last three months of 2023 were up 769% on the previous year. huang also announced new moves to defend its market dominance in china which is now threatened by us export curbs. but are we watching a bubble develop? here s one industry perspective from malcolm penn, who is a consultant to the semiconductor and elec ....
support had saved lives. on his trip, the ukrainian leader was awarded the prestigious charlemagne prize. now on bbc news, talking business. hello there, it has been sunny this weekend and has hello. a very warm welcome to the programme. let s take a look at what s on the show. we ve spent everything we ve saved. it s the country with more consumers than any other on the planet. so how do businesses tap into india s billion plus consumers? as the country s population takes over china, we ask can india boast not only the largest number of people but also one of the most economically powerful? we meet people interviewing manisha jain who has been meeting and interviewing consumers across india for the boston consulting group, and ritesh agarwal who is still under 30 years old and has already built the biggest hotel network in india and is spreading his reach around the world. talking of hotels, our big boss this week runs the biggest travel company on earth. we spent al ....
some reports say the treasury secretary, janet yellen, has been personally calling chief executives to warn them of the dire consequences a default could have on the us and the global economy. so how did washington end up here again? samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis, itjust happens to hinge on a must pass piece of legislation to save the country from economic catastrophe. so what exactly is happening here? major consequences for the economy. the us could default on its debt in a matter of weeks. debt limit measuresl may be exhausted. weeks to go before the federal government is unable to pay its bills. well, the us government spends more money than it brings in, so it needs to borrow money to pay its bills. it can only borrow a certain amount of money and if it needs to borrow more, congress has to approve that. it used to be a routine thing but not any more. republicans see this as an opportu ....