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BBCNEWS World July 5, 2024

our business correspondent in new york, is erin delmore. if you re in the crypto world or curious about getting into it, then a spot bitcoin etf has been on your radar. it allows people to bet on bitcoin s gains and losses, even if they do not own bitcoin themselves. us regulators are widely expected to approve the new exchange traded funds this week. so, when a tweet was posted from the sec gov account, saying essentially that, it was noteworthy. it was also wrong. the sec and its chair, gary gensler, quickly posted on x that the sec account was compromised and the regulator had not yet approved the listing in trading of spot bitcoin exchange traded products. the erroneous tweet also included graphic with a quote from chair gensler, a second tweet that also said $ btc . bitcoin s ticker symbol was also posted but was then almost immediately deleted. for bitcoin s value, a bit of a ride. the cryptocurrency climbed to nearly $48,000 on the false news and fell back down ....

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BBCNEWS World Business Report July 7, 2024

oil prices have risen before today s meeting of the cartel of oil producing nations, as ministers prepare to set targets for the summer, a time of what will be rising demand across europe and the us. this is their first meeting since the eu imposed sanctions on russian crude. the group is under pressure to exclude russia, the world s third largest oil producer, from future producton quotas. it would be a move that could pave the way for saudi arabia and the uae to pump more oil. here s our middle east business correspondent, sameer hashmi. opec plus is opec plus is expected opec plus is expected to opec plus is expected to stick opec plus is expected to stick to its current policy of making a modest increase in production which translates to a little over 400,000 barrels of oil per day. this is in line with the opec plus agreement that was signed between the members in 2021. but the question that will be on the table and under the spotlight is what will opec plus do aft ....

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BBCNEWS Business June 18, 2024

in tuesday s hearing in front of a senate subcommittee, mr calhoun plans to speak directly to the families of the 346 people killed aboard two boeing flights more than five years ago. according to his prepared remarks, mr calhoun expects to speak directly to the family of the people killed. he will also express regret about a january incident that led to a door panel blowout mid flight aboard a 7a7 max 9 aircraft, as well as gratitude there were no fatalities. mr calhoun had served as president and ceo of boeing since january 2020. he plans to tell senators he understands the gravity of boeing s responsibility to uphold aerospace safety and that the company will take action to ensure its safety standards are met and will hold itself accountable. but he will be asked to answer for the company s failures, including criticism that the company put profit over safety. a recent meeting between boeing executives and the united states chief aviation watchdog ended in a plan for ....

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BBCNEWS BBC June 18, 2024

russia s state news agency, tass, said president putin is travelling to the country on the invitation of north korean leader kim jong un. the pair last met in september when mr kim travelled to russia. earlier, the us expressed its concern about the deepening relationship between the two countries. here sjohn kirby. notjust not just because of notjust because of the impact it will have on the ukrainian people. because we know north korean ballistic missiles are still being used to hit ukrainian targets, but because there could be some reciprocity here that could affect security on the korean peninsula. we have not seen the parameters of that come to fruition but we will be watching that very closely. let s speak to professor paul moorcraft, author & commentator on military, strategy, security and intelligence issues in russia and north korea. we just to the national security spokes man john we just to the national security spokes manjohn kirby talking about watching events ve ....

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Academic City's Prof McBagonluri receives top engineering honour

The prestigious Virginia Tech Academy of Engineering Excellence has inducted Prof. Fred McBagonluri, the Founding President of Academic City University College. ....

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