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BBCNEWS Business Today October 9, 2024

Live from london, this is business today. We start with uber, the us Tech Firm that has become a global transport giant. Around The World some 6 Million people work as drivers and couriers through the uber app, and their services are used by 150 Million people at least once a month. Well, the boss of uber, dara khosrowshahi, has been talking to our business editor simonjack, about their plans to make the firm greener and get more of their drivers using Electric Cars. But hes worried that trade tensions with china are getting in the way. The us and europe are hitting chinese Electric Cars with hefty Import Taxes or tariffs to protect their own auto makers, making them more expensive. I think cheap chinese vehicles are a good thing for the environment. And i would tell you that china is transitioning from notjust being cheap but also being high quality and for us, we want to electrify our fleet and make sure it is affordable for our drivers to switch over to evs. The political considerat ....

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BBCNEWS Business Today - NYSE Opening Bell October 9, 2024

The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers were being unfairly harmed. It follows the eu pushing ahead with tariffs of up to 45 of chinas Electric Vehicles which it says have benefitted unfairly from government help. Last Year Trade between the Eu And China was worth about 811 BillIon after it fell last year. With more tarfffs under consideratIon, it could fall further. Im joined now by Dr Deborah elms, head of Trade Policy at the Hinrich FoundatIon in singapore. It describes itself as a philanthropic organizatIon that works adavance sustainable trade. So the ....

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BBCNEWS The Context October 9, 2024

Looking forward to talking to julie and brian shortly but the latest Bbc News first. Israels prime Minister Benjamin Netanyahu has confirmed that his military has eliminated the expected successor of the hezbollah leader, hassan nasrallah, and the next in line after him. In a Video Address posted on social media, made in english, he didnt refer to anyone by name but he did call on the people of lebanon to reject hezbollah, and their iranian backers. Meanwhile, the Israeli Military says its expanding its Ground Offensive into south western lebanon. Until now its focused on the south eastern side. Hezbollah has fired more than 100 rockets at northern israeli cities. President biden says Hurricane Milton could be the worst storm to hit florida in a century. The category four storm will make landfall in this next 48 hours. 51 florida counties are under a state of emergency, more than 200 State Health Care facilities have been evacuated. There are just three mps left in the race to be the n ....

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BBCNEWS Verified Live October 9, 2024

Significant moment in talk us through what is going to happen. Talk us through what is going to happen talk us through what is going to happen. For the last couple of hours mps to happen. For the last couple of hours mps have to happen. For the last couple of hours mps have been to happen. For the last couple| of hours mps have been voting in a room and what is known as Committee Corridor in the house of commons, voting opened at one and closed at three so they will be counting those and there are the four candidates who have run through, Robert Jenrick, kemi badenoch, James Cleverly and Tom Tugendhat. Whoever gets the lowest number of votes is eliminated and the final three will go through to another and final round of Voting Tomorrow which will whittle it down to the final two candidates, he will go on to the conservative membership where there will be a ballot that will last until The End of the month to pick the eventual winner who gets announced On November the 2nd. It really is a ....

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BBCNEWS Signed October 9, 2024

Good afternoon. Water companies in england and wales have been ordered to repay nearly £158 Million to their customers. The Regulator Ofwat says its because the firms have failed to meet performance targets such as cutting Sewage Spills and leaks. Some future Water Bills will be reduced to reflect the missed targets. Our Environment Correspondent Jonah Fisher reports. A warning this report contains flashing images. This Report Card does not make pleasant reading for the Water Companies. Targets for reducing leaks are not being hit, the number of Pollution Incidents has hardly changed in the last five years and Customer Satisfaction has continued to fall. Three Water Companies anglian, southern and welsh are rated bottom of the class. The others are just average, with none rated in the top category. So we think the sector suffers from a culture of poor performance, that companies are not taking responsibility for their performance. They are too often blaming the weather or the circumst ....

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