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Transcripts For BBCNEWS World 20240705

to shut down the blast furnaces at port talbot. frustration, disappointment is probably the biggest word. disbelief. it sjust been. handled absolutely appallingly in my opinion. also coming up: are pre election handouts ahead? taxes in his march budget. when i look around the world to america and asia, when i look around the world to america iwith sia, when i look around the world to america iwith lower when i look around the world to america i with lower taxes countries with lower taxes have more dynamic, faster growing economies. that s and a sweet business that ran out ofjuice. we look at the rise and fall of the original indian steel giant tata is expected to confirm up to 3,000 jobs will be cut from its british operations. the bbc understands tata is to go ahead with plans to shut down both blast furnaces at its port talbot site in south wales which is the uk s biggest steel plant. the company is intending to replace the furnaces with an electric version which is more

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Transcripts For BBCNEWS Asia 20240703

Divest its part in its company or it will be banned. So what were looking at now, this is the breakdown. We have the owners, bytedance with a 20 stake in the company. 60 is owned by Institutional Investors including Us Investment firms such as susquehanna and Sequoia Capital and 20 is owned by employees around the world. However, chinas, Secretary Has said they will oppose the sale of bytedance and seek to block a transfer of its technology. We heard from bytedance, from tiktok, rather, who said the media app ban would trample freedom of speech. Media app ban would trample freedom of speech. Thank you for getting freedom of speech. Thank you for getting us freedom of speech. Thank you for getting us across freedom of speech. Thank you for getting us across that, for getting us across that, monica. We will be watching developments in the middle east very closely after last fridays strike on a raft iran. Us officials have claimed israel was behind the Missile Attack on military targets i

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Transcripts for BBCNEWS Asia Business Report 20240604 01:34:00

Weapons. Therefore in the longer run we will see the sort of conflagration which will cause meltdowns and the economic problems that go with that. But for the moment it is clear that israel has allowed iran room to back down but saying very clearly iran if you strike our territory, there is no more Proxy Veil of deniable responsibility. We rip that veil apart. You strike us and we will strike you directly on your territory in iran. What is the us s role in this conflict given it is an Election Year . I conflict given it is an Election Year . Conflict given it is an Election Ear . ~ , Election Year . I think the us are satisfied Election Year . I think the us are satisfied with Election Year . I think the us are satisfied with that. Election year . I think the us are satisfied with that. The | Election Year . I think the us i are satisfied with that. The us role will remain defensive for israel but it will not take part in offensive actions like what happened over the weekend. That wil

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