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Transcripts For BBCNEWS World Business Report 20240706



let us get down to business. we start with a fresh look at the banking sector and credit suisse in particular. early marketjitters in response to the ubs takeover of the swiss bank have eased. in asia today, most of the main stock markets are higher with japan closed for a public holiday. the major indices in europe and the united states also closed slightly up on monday. credit suisse is one of 30 crucially important banks in the global financial system and many fear its problems are an indicator of wider risks in the banking sector. so far this month, us and european banking stocks have fallen by 22% and 17% respectively, marking the biggest monthly falls since march 2020 when the covid pandemic hit the markets. here s michelle fleury with a look at how investors in new york responded. yes, there was guarded optimism on wall street following the shotgun marriage between ubs and credit grace that was hastily arranged by swiss authorities over the weekend. the dowjones ....

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Transcripts For BBCNEWS BBC News 20240706

children s programming? he is adamant he only wanted to watch the educational ones. mum beth and brainbox teddy, who is three, just a reminder in case you were wondering. time for a look at the weather. here s susan powell. how do i follow that? a dramatically cold start in east anglia, io cold start in east anglia, 10 through the small hours in suffolk. contrast that to the start of the day in the scottish islands, 11 degrees in one place. normally we see cold weather coming into the north and milder conditions to the south but things are currently inverted with cold air stretching from the arctic across the continent into the south of the uk as we speak and it is much milder in the north with airflowing from and it is much milder in the north with air flowing from the atlantic. more cloud to the north of the uk. we will see hill fog, some patchy rain and drizzle around the coast and across hills but temperatures are into double figures. hazy cloud in england and northern ....

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Transcripts For BBCNEWS BBC News 20240706



more than 20 thousand nhs ambulance workers will take part in another strike over pay, manning picket lines across much of england and wales. former employees of the welsh rugby union have accused the organisation of having a toxic culture of sexism. everton have sacked manager, frank lampard, after less than a year in charge. their defeat at west ham on saturday was everton s ninth loss in 12 league games. and, meet the uk s youngest member of mensa. four year old teddy taught himself to read when he was just two, and can count to 100 in seven languages including mandarin. the prime minister has asked his independent ethics adviser, to examine how the conservative party chairman and former chancellor, nadhim zahawi, settled a multi million pound tax dispute. rishi sunak says there are questions that needed answers. mr zahawi says his error was careless but not deliberate, and his advisers say he doesn t intend to resign. labour however warns he needs to come clean ....

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