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BBCNEWS Business Today September 20, 2024

In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Federal Reserve has delivered a super sized Interest Rate cut aimed at bolstering the us Labour Market. The 0. 5 percentage cut, the first in ov ....

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BBCNEWS BBC July 6, 2024

sport and for a full round up, from the bbc sport centre, here s chetan. we start with what is a defining week for manchester city. they could be english premier league champions at the weekend but before that, they have the chance to reach the champions league final on wednesday. real madrid come to manchester with the tie all sqaure at 1 all from the first leg. it s the only major trophy manager pep guardiola s yet to win at city: my legacy is already exceptional already. we have been here many times already, we are not stupid to know how important it is to our games, edit one of the most important maybe one of the most important games, we cannot deny that. manchester city and real madrid will know their opponents in the final before they kick off because the first semi final second leg is later on tuesday between the two milan sides. trailing inter 2 0 from the first game ac milan are boosted by the return of rafael leao who is back in traning and expected to sta ....

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BBCNEWS BBC July 6, 2024

hello. we start with a claim from ukraine to have shot down six advanced russian hypersonic missiles, during a fresh overnight barrage, described by officials as exceptional in its density . ukraine says all 18 missiles of various types were shot down, this footage showing kyiv s air defences in action. loud explosions were heard across the city. at least three people were injured by debris. in a tweet, ukraine s defence minister says. ukraine last week displayed the remains of what it claimed was the first such advanced hypersonic kinzhal, or dagger missile intercepted by the patriot defence system earlier this month. the latest barrage came just hours after president zelensky wrapped up a european tour, in which he was promised billions of dollars worth of military aid by western allies. our correspondent hugo bachega has the latest from kyiv. it was the eighth time this month kyiv came under attack but this thing was different. we had a number of extremely loud e ....

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BBCNEWS World July 6, 2024

that amounts to more than a 10th of vodafone s global workforce, and will affect its firm s uk headquarters and other cities. the company had already outlined plans to cutjobs in germany and italy. ceo margherita della valle warned that vodafone s performance has not been good enough . let s speak now to karen egan, who is senior telecoms analyst at the research company enders analysis. thanks for being with us. let s come onto some of the performance issue in a second per first of all the jobs, 11,000 is about a tenth of the workforce, that is a lot of people to lose out of a business. it is workforce, that is a lot of people to lose out of a business. it is and particularly to lose out of a business. it is and particularly as to lose out of a business. it is and particularly as it to lose out of a business. it is and particularly as it comes to lose out of a business. it is and particularly as it comes on - to lose out of a business. it is and particularly as ....

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