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Transcripts For BBCNEWS Business Today 20241001

As much as 5 Billion each day according tojpmorgan analysts. Us retailers, automakers and other businesses now face Ballooning Freight rates ahead of the crucial festive shopping season. Large retailers have pulled forward imports of much of their Holiday Merchandise and made reservations with west Coast Ocean and Rail Carriers in hopes of avoiding any disruption. Lets speak to peter sand, chief analyst at xeneta, an Ocean Freight analytics firm. Hello to you. I know you have already calculated what this could mean if the Strike Action goes ahead, so do tell us more. A disruption like this always comes at a bad time for European Exporters into North America as well as North American exporters out of thE East Coast And Gulf coast. It will be impacted at first but this seems to be a first for almost 50 years, has the potential no ....

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Transcripts For BBCNEWS Business Today 20241001

Also on the programme thInkIng outside the box. Why people with dyslexia could be best placed to unlock the potential of ai. And, back down to Earth. Astronauts from All Over The World gather In The Netherlands for their annual convention. But what will they be talkIng about . Well hear from one of them welcome to to busIness today, im ben thompson. We begIn In the us, where Port Workers across the East Coast are set to walk out on Strike Tomorrow and to global supply chaIns. The action announced on sunday by the Port Workers union could shut down 36 ports which handle half the goods imported Into the us via contaIner. AccordIng to analysts atjp morgan, the cost to the us economy could be 5 Billion a day. ShippIng rates are already soarIng ahead of the crucial festive shoppIng season.
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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20241001

In almost 50 years. And india softens restrictions on rice exports. Well be live in mumbai. Welcome to business today, live from new york, i m ritika gupta. Us stocks inching lower this morning but, Wall Street is set to end september on a high. And earlier today, we saw a strong rally in asia chinese stocks surging 8. 5 off the back of more stimulus introduced by the chinese government. Joining me now is bob doll, ceo of crossmark global investments. Thanks forjoining us. Chinese stocks post their biggest one Day Rally since 2008, not seeing that feed into us markets. What are your thoughts on addin ....

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Transcripts For BBCNEWS BBC News Now 20241001

In other developments, hezbollah s Deputy Chief says it is ready for an israeli Ground Offensive and will keep up the fight against israel. The group will choose a successor at the earliest opportunity after the assasination of the Groups Leader, Hassan Nasrallah, by israel on friday. These are the live pictures from the same area. You can see the smoke still rising. Well, we had been able to see some of the smoke rising over the city. A Planejust Landing there. But that is the scene there. But that is the scene there in beirut. There is some of the smoke after that wave of israeli strikes has been continuing. 0ur Correspondent in beirut, hugo bachega, has the latest from there. In beirut, eyes on tv to watch hezbollah s number two, naim qassem, who spoke for the first time since the assassination of the Groups Leade ....

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Transcripts For BBCNEWS Signed 20241001

And apologised to the actor Amanda Abbington, who appeared on the programme in 2023. Lets cross straight to our media and arts correspondent, david sillito. David, tell us what the report says. Strictly come dancing, the bbc s biggest Entertainment Show by some distance, has been rocked by headlines for the last few months because of allegations by former contestant Amanda Abbington, who left midway through the last series, saying, revealing in interviews later, that she felt that the behaviour of her professional dancer had been abusive, demeaning, insulting and bullying. And what there has been, there has been an investigation into those specific complaints from Amanda Abbington. Bbc studios, the Production Arm of the bbc, has concluded that her concerns and complaints were in part upheld, they have apologised ....

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