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BBCNEWS World July 5, 2024

on stock exchanges. the approval of the bitcoin exchange traded funds, or etfs, is seen by supporters as a watershed for crypto, giving it financial respectability and mainstream acceptance on wall street, after a string of controversies. erin delmore reports from new york. this decision was years in the making and now it will allow people and institutions to invest in bitcoin almost as easily as they buy stocks. the move could increase demand for bitcoin and legitimacy for the crypto currency industry, which has weathered scandal and scepticism. sec chair did not shy away from that in a statement saying, while we approve the listing and trading of certain ept spot bitcoin shares today, we did not approve or endorse bitcoin. he said investors should remain caution about the risks associated with bitcoin and said the crypto currency is, primarily a speculative volatile asset. while investors and crypto watchers awaited the decision, a false tweet was posted on the sec of ....

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BBCNEWS World Business Report June 4, 2024 05:45:00

Particularly those in the golf and middle east, its financial have tackling this much more flexibly and dynamically that a lot of established economies. when combining that with, as you say, the effect on the workforce, that s had a massive long term impact on productivity in developed countries no greater than here in the uk. countries no greater than here in the uk- countries no greater than here in the uk. ., . , . in the uk. unfortunately we are out of time in the uk. unfortunately we are out of time which in the uk. unfortunately we are out of time which is in the uk. unfortunately we are out of time which is such - in the uk. unfortunately we are out of time which is such a - out of time which is such a shame. there are so much to discuss that we appreciate your thoughts. thank you for being with us this morning to talk about it. let s get some of the day s other news now. fast fashion firm boohoo put made in the uk labels on potentially thousands of clothes that were ac ....

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BBCNEWS BBC News at Six June 4, 2024 18:08:00

Convictions relating to the post office scandal have been overturned. sub postmistressjudith smith, who pled guilty to a charge of fraud in 2009, and sub postmaster colin smith, who admitted a charge of embezzlement in 2013, had their convictions quashed, before their appeals were due to be heard in court tomorrow. and just to say there s a very good bbc panorama programme on the post office scandal that was broadcast in 2022 you can see it on iplayer. it has emerged that the fashion brand boohoo put labels on some t shirts and hoodies which claimed they were made in the uk when in fact they were manufactured in south asia. bbc panorama discovered the original labels were removed at boohoo s flagship factory in leicester. it s thought there could be hundreds of thousands of wrongly labelled garments. lawyers for the company say it was down to a misinterpretation of the labelling rules. helena wilkinson reports. ....

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BBCNEWS BBC News at Six June 4, 2024 18:09:00

Boohoo sell themselves as a global brand, and affordable fashion for all. when it comes to getting its customers the latest styles as quickly and cheaply as possible, it is a market leader. two years ago, it opened this flagship factory in leicester. it was promoted as a british manufacturing centre of excellence, offering end to end clothing production in the uk. this is really about clothing production in the uk. try 3 is really about garment manufacturing in the uk. but panorama manufacturing in the uk. but panorama has manufacturing in the uk. but panorama has found, betweenjanuary and october last year, made in the uk labels were put on clothes that are actually made in south asia and only printed on in leicester. the bbc estimates the number of wrongly labelled clothes could amount to hundreds of thousands. however, the retailer would not provide precise figures. this is how the labels arrived at the leicestershire ....

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BBCNEWS Asia Business Report June 4, 2024 00:41:00

World s most populous country. before we g( the urces have told world s most populous country. before we g( the owneriave told world s most populous country. before we g( the owner of e told the bbc that the owner of jaguar land rover is the bbc that the owner of jaguar conglomerate tata is indian conglomerate tata is planning to build its flagship factory in electric car battery factory in the uk. now people familiar with the would be plant, in somerset, would be officially announced on wednesday. now, the government officially announced on wednesday. millions e government officially announced on wednesday. millions of jovernment officially announced on wednesday. millions of pounds. ent hundreds of millions of pounds. some in the car industry have the plant as the most described the plant as the most important investment in the automotive industry in decades. now let s take a quick look at markets right now injapan. we nick 8225, are seeing in the nick 8225, up, taking its lead f ....

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