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BBCNEWS World Business Report July 7, 2024

week for big tech. plus a pre halloween treat as the us economy returns to growth. but inflation s still a nightmare for president biden with midterm elections looming. we start with the world s richest man: billionaire boss of tesla space entrepreneur and now the new owner of twitter. elon musk has now closed his $41; billion takeover of the social media giant ahead of a 5pm deadline set by a us court. and he has moved quickly to sack the company s senior management. it brings to an end a six month long and often bad tempered takeover battle that has raised some big questions about the future of the company. from san francisco here s our technology correspondent james clayton. when elon musk had an offer to buy a twitter accepted in april, he could barely conceal his excitement. but that initial enthusiasm soon began to wane. tech stocks were plummeting and many wondered whether he d paid too much for twitter. mr musk also claimed that twitter was filled with ....

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BBCNEWS BBC News July 7, 2024

is a global challenge which we will continue to work with other countries in order to make that change on global warming. arsenal player pablo mari is among several injured in a stabbing in italy which left one person dead and in sweden, resesarchers say they re close to completing the first crash test dummy based on an average woman. space probes have witnessed a big impact crater being formed on mars the largest in the solar system ever caught in the act of excavation. hello and welcome if you re watching in the uk or around the world. the world s richest man, elon musk, has completed his long running £38 billion takeover of the social media company, twitter. the entrepreuner tweeted the bird is freed, in an apparent reference to the deal closing. mr musk also posted a longer statement on twitter, saying he didn t buy the firm to make more money. i did it to try to help humanity, whom i love . there are reports that a number of senior executives have been sac ....

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BBCNEWS Newsday July 7, 2024

to go until the us midterm elections we ll look at how inflation is affecting voters. it s six in the morning in singapore, and 1am in moscow where president putin has warned that the coming decade will be the most dangerous and unpredictable since the end of the second world war. speaking at a think tank in moscow, he defended russia s actions in ukraine, and claimed that the russian economy had survived the worst of the sanctions imposed by the west. he also said the dominance of the west in world affairs is coming to an end. our russia editor steve rosenberg reports from moscow. his war in ukraine is not gone according to plan by more than eight months then from vladimir putin, there were no regrets, no remorse. he blamed the west for the conflict and meet on passing reference to the human cost of his invasion. {iii human cost of his invasion. of course, there s been a price to pay, primarily the loss is connected to the special military operation. i m always thinking ....

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BBCNEWS Newsday July 7, 2024

since the end of the second world war. claiming he is buying twitter to claim save humanity. we look at how inflation is affecting voters. midterm elections we ll look at how inflation welcome to the programme. there s been another grim warning from the un that there s no credible way of limiting the rise in global warming to one of the key thresholds. a new report talks of woefully inadequate action by the world s governments to keep the increase below 1.5 degrees celsius. as leaders prepare to gather for cop27 the global climate conference taking place this year in egypt, the new british prime minister rishi sunak has decided not to attend. downing street says he has other pressing domestic commitments . us climate envoyjohn kerry told the bbc in order to achieve the climate goals, all countries urgently had to work together. if we get more countries directly engaged in changing their plans to more rapidly kill the omissions, to more rapidly transition, ....

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BBCNEWS World Business Report June 4, 2024 04:48:00

Let s go back to the us now where the world s biggest economy has returned to growth after two quarters six months of decline. the us economy grew at an annual rate of 2.6% in the three months to september better than forecast. that ll be welcome news for president biden and the democratic party who face midterm elections in less than two weeks and risk losing control of one or even both chambers of congress. with inflation at a a0 year high the economy is the number one issue for voters as nada tawfiq reports from the midwest state of ohio. the fall festivities are under way in circleville, ohio, with local farmers and small businesses serving up everything pumpkin. by the looks of things, the economy appears to be back in full swing. the only thing weighing more than the pumpkins on some people s minds is the cost of living. ....

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