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Programme. Iam a very warm welcome to the programme. I am Sally Bundock. President biden is finishing up his visit to the Hawaiian Island of maui where hes offered support following deadly wildfires. Nearly two weeks after the disaster which has killed at least 114 people, hes named a federal response co ordinator and says the islands Critical Infrastructure will be made more resilient. During the visit the president toured the devastated town of lahaina, meeting with first responders. Hes faced criticism for his handling of the federal response to the wildfires after not speaking publicly about the crisis for days. The president has also attended a Community Reception where hes addressed a crowd under a Banner Reading lahaina strong. Speaking in front of the islands famous banyan tree, mr biden said his government is committed to the recovery. Were focused on whats next thats rebuilding for long term and doing it together to help get us back on our feet to rebuild the way we want to r
Ladyjill-bidenBbc-newsCriticismLondonWildfire-damageHawaiiThailandCountryExileStageCrisisHandlingAnd we start with the uk Chip Designer, arm. Its owner, japans softbank, has finally filed the paperwork for a new york market listing. This highly anticipated floatation should net its japanese Owner Tens Of Billions of dollars and will be the biggest initial Public Offering in almost two years. Arm is based in cambridge and plans to make its american Stock Market Debut in early september, selling its shares on the nasdaq exchange. Our north America Business correspondent, michelle fleury, has the details. Arm didnt reveal the number of shares that were selling or pricing of the offering but is reportedly for evaluation of between 60 70 billion. Ahead of the ibo the Cambridge Company revealed revenue was down 1 from a year earlier. The company, currently owned by japans softbank is a Chip Designer Whose Technology powers most smartphones around the world including iphones. In 2020 Silicon Valley Chipmaker Nvidia tried to buy arm but the deal fell through because of regulatory scrutiny
LondonMarketBbc-newsSouth-africaGreat-expectationsTripChip-designer-arm-filesNew-yorkXijinpingBritishInterestBrics-summitThank you for being with us. We begin in hawaii where us President Joe Biden has been witnessing for himself the destruction caused by a wildfire on the island of maui. Here is the president and first lady meeting locals and officials. The recent fires on the island killed at least 114 people and a staggering 800 people and a staggering 800 people are still missing. A short while ago, the president gave this update. We short while ago, the president gave this update. Gave this update. We are focused gave this update. We are focused on gave this update. We are focused on whats gave this update. We are focused on whats next, | focused on whats next, rebuilding for the long term. And doing it together to help get us back on our feet, to rebuild the way we want to rebuild. By making sure your voices are heard, by respecting your traditions, voices are heard, by respecting yourtraditions, by your traditions, by understanding the yourtraditions, by understanding the deep history and meaning
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