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Transcripts For BBCNEWS Business Today 20240814

The Oil Leaking into the market is probably then gets counted so probably escalation could have gone even higher. I think there is more oilflowing into the market than gets counted. The second important factor, we saw this in earnings is what i would call downstream of the new upstream for the middle east. They have commissioned big refineries, almost plus 2 Million barrels capacities. They are putting almost 1. 5 million barrels more product into the market, which in my view is effectively sending prudent to the rest of the world, so they keep the Oil Prices from rising high. I guess the high Oil Prices is also not good in 0pec Side of unity because then it would start a bit of Non Compliance and other things start happening, so i would say 80 90, more than the price of the price of the market, that is what 0pec is targeting. Speaking of opec, they have lowered their outlook, softer expectations for Oil Demand coming up from china. What is your outlook on that front . I would say that

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Transcripts For BBCNEWS Business Today 20240814

With an obscene meme. Meanwhile, shares in Donald Trumps social Media Company Truth social fell to their lowest price in months, following the cosy conversation between the republican Candidate And Elon musk. Listening to that interview was our Business Reporter pierre antoine denis. You were listening for a very long time. Tell us more yes, and i had to wait for a very long time for it to start, as you mentioned, sally. About 30 minutes or so before this conversation finally got under way between the two men. And as you just mentioned, this potential cyber attack. Did it happen or did it not . This ddos, or Distribution Denial Attack which Elon Musk mentioned, which is a common method for hackers to try to flood a website to try to take the servers down. Some analysts say that it could prevent a live chat from operating. 0thers live chat from operating. Others are saying no. Twitter would have gone down. So more Talking Points for Elon Musk and x to reply on. Once this conversation go

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Transcripts For BBCNEWS Business Today 20240814

ThAt AmericAns Are better off under his presidency wAs to be promised TAx Cuts And A goAl to slAsh Government Spending including potentiAlly eliminAting federAl depArtment for educAtion. ThAt is when Elon Musk Argued thAt he would be hAppy to serve in A cost cutting committee to look At how AmericAn TAxpAyer Money is being spent. Trump seemed chArmed by Thisjob Offer sAying musk would be the best person for the job given his sAying musk would be the best person for Thejob Given his record of cuts At twitter. There were no chAllenges from musk. Even his Attempt to steer the conversAtion towArds RenewAble Energy wAs dismissed with trump Arguing thAt nucleAr threAts Are A bigger concern. More thAn the words for Elon Musk, this interview wAs About brAnding by At the forefront of the Election CAmpAign is the leAding sociAl MediA PlAtform And bring bAck Advertisers only A week After lAunching A lAwsuit AgAinst A group of compAnies thAt heAt things Are boycotting the plAtform. The technicAl i

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Transcripts For BBCNEWS Business Today 20240814

And you have Brian Niccol, who has done tremendous work at chipotle. You have seen that stock grow. You have seen revenues grow. Youve seen eps grow since he took over. And theyre a company that, even from the pandemic forward, has continued to be able to raise prices and get a higher Dollar Value from consumers when theyre pulling back in other places. We know from starbucks earnings over the last week, they did not have a good quarter at all, one of their worst quarters, so im not surprised that theyre making a change. I am surprised its this soon, and i think theyre looking for Brian Niccol to do the same type of transformation, Making Starbucks Special again, like theyve made chipotle special from its competitors, in order to bring that company back to what it used to be. The battle of the smartphones is heating up. Google s new Pixel Nine phone is widely expected to be launched today at the Industry Event made by google. New smartphones are usually launched later in the autumn, bu

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Transcripts For BBCNEWS Business Today 20240813

One, i believe the opec map. The Oil Leaking into the market is probably then gets counted for the probably escalation could have got higher. I think there is more oilflowing into the market than gets counted. The second important factor, we saw this in earnings on what i would call downstream of the new upstream for the middle east. They have commissioned big refineries, almost plus 2,000,000 dollar capacities. They are putting almost 1. 5 million more product into the market, which in my view is effectively sending prudent to the rest of the world, so they keep the Oil Prices from arising high. I guess the high Oil Prices is also not good in opec side of unity because then it would start a bit of Non Compliance and other things start happening, so i would see 8090, start happening, so i would see 80 90, more than the price of the price of the market, that is what they are targeting. Speaking of opec, they have lowered their outlook, softer expectations for Oil Demand coming up from c

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