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Transcripts For BBCNEWS World 20240704

Business stories. We start in saudi arabia as the Worlds Biggest Oil Company Aramco is set to announce its latest Half Year Results in the next half an hour or so. Last year, aramco netted record profits of over 160 billion, buoyed by soaring energy prices. But in may this year, they reported that profits dropped by nearly a fifth in the first three months of the year as the gloomy Global Outlook saw oil prices drop. To tackle this, saudi arabia has been cutting production to the tune of1 Million Barrels a day. They started in july and have now extended to september. The oil price has since been creeping up. Live now to our middle east Business ....

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Transcripts For BBCNEWS World 20240704

Strike across lufthansa through till saturday morning. 0n strike across lufthansa through till saturday morning. On top of that there is Security Staff at cologne and dusseldorf and frankfurt airports are causing wild widespread cancellations. Anybody trying to travel to, from, or within germany at the moment is looking pretty shaky. Let pretty sha ky. Let us pretty shaky. Let us Focus On Cliff why are they such trouble with the unions . Partly because the entire aviation world suffered very much during the covid pandemic. Things are bouncing back. There is remarkable profits numbers at lufthansa, i billion euros, around 3 billion in profits, very similar to what the company which owns iberia of spain and British Airways did. They have earned that because there is huge demand for travel, but in europe in particular, cap ....

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Transcripts For BBCNEWS Newsnight 20240704

Of the most famous tears in music history. Today, the crying was all for her. Colin paterson, bbc news, bray, county wicklow. Sinead oconnor, laid to rest today. Whats behind the big rise in shoplifting the state of the economy, effective decriminalisation of petty crime, or Technological Advancements . Shopliftings been described by some retailers as an epidemic. Tonight well talk to the head of security atjohn lewis. China s economy is faltering, with exports falling at their fastest rate since the pandemic. What impact will a slowdown of the worlds second largest economy have on our own and all of us . As the chair of parliaments Standards Committee reveals hes been subject to inappropriate touching from five other mps well speak to sir chris bryant about his ideas for reforming wesminster s culture. And twin russian strikes on a city in
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Transcripts For BBCNEWS World 20240704

A general election. The backdrop a flat lining Economy Millions struggling with the cost of living and polling indicating the Conservative Party is lagging far behind the opposition. Not to mention Financial Markets on edge for anything that might worsen the uks finances. The memory of Prime Minister liz truss s disastrous Tax Cutting Budget no doubt not far from mr hunts mind. So lets remind ourselves what he came up with. The rate of National Insurance paid by employees and the self employed, will be cut again by 2 pence in the pound. That comes on top of an earlier 2p cut mr hunt announced in the autumn. In april, full
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Transcripts For BBCNEWS BBC 20240704

Internal matter. Last week red bull, the teams parent company, announced agreements against the grievance against what had been dismissed after what it called a rigorous investigation, but it made clear the claimant did have a right of appeal. Then there was a leaked alleged text messages. Horner has tried to maintain a business as usual approach to his work and as Chief Executive of Red Bull Racing, despite intense scrutiny. Calls for more clarity on the investigation by partners of Red Bull Racing have been made, but he was at the grand prix last weekend, which was won by Red Bull Racing and cut a defiant figure there as he appeared alongside his spice girl wife, jerry horner, alongside his spice girl wife, jerry homer, and he said to reporters he would be rem ....

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