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BBCNEWS BBC World News July 6, 2024

hello and welcome. we begin in turkey. dozens of people have been killed across turkey and northern syria after a major earthquake struck in the early hours of monday morning. the epicentre was in gaziantep provice close to the turkish border with syria. strong tremors were felt across the region. the quake was recorded at a magnitude of 7.8 and at a relatively shallow depth of ten kilometres. reports have been coming in of many collapsed buildings. azadeh moshiri is our news reporter. she has been following the story since we initially got use. ~ . , . use. when it had the epicentre of gaziantep use. when it had the epicentre of gaziantep it use. when it had the epicentre of gaziantep it was use. when it had the epicentre of gaziantep it was around - use. when it had the epicentre of gaziantep it was around for| of gaziantep it was around for 15 a. m. of gaziantep it was around for 15 a.m. localtime of gaziantep it was around for 15 a.m. local time in turkey. hou ....

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BBCNEWS World Business Report July 6, 2024

let s now get down to business. we start with energy as more eu caps on russian oil have come into effect. the price of premium products, primarily diesel, is being capped at $100 a barrel, while low end products, including fuel oil, will be capped at $45. other oil product imports are banned completely from today. the price cap is designed to limit moscow s ability to fund its war in ukraine. enforcement relies on prohibiting insurance and shipping companies from dealing with russian cargo, unless it was bought at or below the set price. i have not got viyella davis to talk about this instead i do have another guest. joining me now is spencer welch, oil analyst with s&p global. we have been talking about eu caps and bounce, what has changed today? changed today? there is essentially changed today? there is essentially three - changed today? there is. essentially three different mechanisms that have been put in place in the last two months. on the fifth of december, ....

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BBCNEWS World Business Report June 4, 2024 05:30:00

This is bbc news with the latest business headlines for viewers in the uk and around the world. feeling the squeeze stricter restrictions on russian oilfrom the eu comes into effect today. what impact will this have on energy prices? we find out. is this a happy marriage? after weeks of fraught negotiations the car giants renault and nissan outline the plans for their joint future today. and who are the digital nomads? people who can work from anywhere find it s not as easy as it sounds. ....

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BBCNEWS World Business Report June 4, 2024 05:38:00

Abyss created by that. yes, and it is probably more it is probably more representative of how the two businesses are at the moment. at the time it was a rescue dealfor nissan at the time it was a rescue deal for nissan but now nissan is selling more vehicles globally so this should allow them to move forward. assuming them to move forward. assuming they agree them to move forward. assuming they agree on them to move forward. assuming they agree on this, them to move forward. assuming they agree on this, both - them to move forward. assuming they agree on this, both sides - they agree on this, both sides get on board and move forward, where is that standing? a lot of it has to do with the electric vehicle, what is the strategy? electric vehicle, what is the strate: ? , ., strategy? the plan is to maybe have an ipo strategy? the plan is to maybe have an ipo for strategy? the plan is to maybe have an ipo for ampere - strategy? the plan is to maybe have an ipo for ampere this i ....

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BBCNEWS World Business Report June 4, 2024 05:35:00

More recently it has to find alternative for its oil products and there is also the recent price cap that came into the effect of russian crude whereby if you do not apply that went by, it is harder to buy that crude. that had a time lag and did not come into effect straightaway so it is early to say whether the g7 sanction and how effective it might be. limited impact on russian finances at the moment. gas prices are still high. thank you, we appreciate your analysis. nissan and renault are set to unveil details today of their redesigned alliance and answer questions about renault s electric vehicle business. of special interest is how it will sell off most of its stake in the japanese carmaker. renault s board voted in favour of the plans on sunday. the two companies announced ....

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