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Transcripts For BBCNEWS World Business Report 20240709

the uk jobs market is awaiting the next set of figures expecting to record the highest ever number of vacancies exacerbating the staff shortage problem faced by many businesses. last quarters figures showed thatjob vacancies had reached 1.2 million due to post brexit labour shortages and the post covid reopening. many businesses are struggling to recruit as the latest report from manpower shows the jobs market hiring intentions has accelerated to a 30 year high. nina warhurst reports. who could have predicted this? from a pandemic that punished the economy, lots ofjobs are now available and not enough people to fill them. this hotel in manchester bounced back to a high number of bookings but despite recruitment drives and training new faces they are 30 members of staff down. adrian, where is everyone gone then? good question. some went back to europe in the early part of the year and then some people just chose the last 1.5 years to do other things. some went to do other thin

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Transcripts For BBCNEWS World Business Report 20240708

elon musk has launched a hostile bid to take over his hobby twitter. the billionaire behind tesla uses the platform to connect with his 81 million followers. he thinks the company is essential to the functioning of democracy and that he s the right person to unlock what he describes as its extraordinary potential . yes he s recently emerged as its biggest shareholder but the announcement still took the corporate world by surprise. he s offered to pay $54.70 cents a share more than what the shares are currently trading for. at that figure, the business would be worth $15 billion. joining me now is debra aho williamson, principal analyst at insider intelligence. he s not short of a few bob but is he good for that kind of money? certainly, he s the richest man in the world, he certainly has the money, or can probably obtain the money if he is smart and he really wants to do this. i think the big question for me is, does he really want to do this or is this just yet

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Transcripts For BBCNEWS World 20240704

bankruptcy protection in the us under chapter 15 which governs foreign companies in the us, protecting them from creditors that might want to sue them. you have probably heard of chapter 11. that typically governs american companies but it is chapter 15. according to court filings these negotiations are ongoing in hong kong, canaanite and british virgin islands. we have reached out to evergrande that have not had conversation. to those who have wondered if they have ever thought of evergrande before it is china s huge property giant. they have about 1300 projects across 280 different cities in china and they invest in everything, not just property. they have an electric vehicle maker and a football club, but as i mentioned, 2021 was when we saw the company default on its debts, sending shockwaves across the global financial system and triggering a string of defaults from builders who owed money to evergrande or expected them to complete some contracts. we have seen 40% or the

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Transcripts For BBCNEWS World 20240704

our correspondent michelle fleury is in new york. so who s involved in this, and what can we expect from this meeting? this is a huge concern at the moment, ai risks, a lot of people are talking about it and at this meeting, we are expecting to see some big names in the name of artificial intelligence. you will see the likes of matter, google, amazon, microsoft and others, all discussing what can be done to manage the risks. we understand the white house has secured some voluntary agreement from the seven companies to essentially try and save god police themselves in a couple of areas. i can talk you through it, it is things like when you have ai generated content, can they develop tools such as watermark system which will let you know you are looking at something that isn t real but is generated? there are other security measures being put in place. all of this we will hear more later in the day when the meeting takes place. we understand the president will make comments lat

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Transcripts For BBCNEWS Breakfast 20240705

ready already here as their team gets ready to already here as their team gets ready to face fiorentina in the europe ready to face fiorentina in the europa conference league final as they look europa conference league final as they look to win their first trophy in 43 they look to win their first trophy in 43 years in 43 years. good morning, another cloudy an 43 years. good morning, another cloudy start today. like the last few days it will burn back towards the east coast and many of us will see some sunshine. if you are fed up with this weather, it is changing at the end of this week. # you can leave your hat on.# we catch up with the stars of the full monty good morning. it s wednesday, the 7th ofjune. thousands of people have fled their homes in southern ukraine, after a huge dam on the dnipro river collapsed and flooded towns and villages downstream. the un described it as one of the most significant attacks on civilian infrastructure since the start of the

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