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Transcripts For BBCNEWS World Business Report

britain s manufacturers are beginning to see a recovery as demand in the uk increases and major markets begin to pick up that s according to a survey published today by the manufacturers organisation make uk. but while uk orders are rising, export orders have declined as businesses both in the uk and eu are yet to settle into the new uk eu trading arrangements. last friday the office for national statistics said uk goods exports to the european union fell by almost a1% in january, while imports tumbled 28.8%. the figures were the biggest drop since records began in 1997, and are the first since new trading rules between the uk and the eu came into force. so will exports recover? stephen phipson is chief executive of make uk. nice executive of make uk. to talk to you. start with your nice to talk to you. start with your survey, tell us how widespread it was and why you say the data gives you optimism about what is ahead? we say the data gives you optimism about what i ....

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BBCNEWS Asia Business Report June 4, 2024 00:33:00

The bill needs to go to the senate, and if it passes there, president biden says he will sign it. shipping companies across the globe are keeping a close eye on the conflict in the middle east. freight costs have already gone up significantly due to escalating tensions and volatile oil prices. those costs could increase further, if there s any disruption to the strait of hormuz. just last weekend, iran s revolutionary guards seized a cargo ship linked to israel, along the narrow waterway. our business reporter david waddell has more. here s that scene aboard the msc ares filmed on saturday. it appears to show two people understood to be iranian revolutionary guards descending onto the vessel. the ship s leased by msc, the world s biggest container shipping company, but she s partially owned by an israeli businessman, eyal 0fer, which may have made her vulnerable to iranian attention. that took place at the strait of hormuz, one of a number ....

Cargo Ship , Strait Of Hormuz , Freight Costs , Shipping Companies , Oil Prices , Middle East , Iran S Revolutionary Guards , David Waddell , Iranian Revolutionary Guards Descending , Eyal 0fer , The World , Msc Ares Filmed On Saturday ,

BBCNEWS Asia Business Report June 4, 2024 01:33:00

To the senate, and if it passes there, president biden says he will sign it. shipping companies across the globe are keeping a close eye on the conflict in the middle east. freight costs have already gone up significantly due to escalating tensions and volatile oil prices. those costs could increase further, if there s any disruption to the strait of hormuz. just last weekend, iran s revolutionary guards seized a cargo ship linked to israel along the narrow waterway. our business reporter david waddell has more. here s that scene aboard the msc ares filmed on saturday. it appears to show two people understood to be iranian revolutionary guards descending onto the vessel. the ship s leased by msc, the world s biggest container shipping company, but she s partially owned by an israeli businessman, eyal ofer, which may have made her vulnerable to iranian attention. that took place at the strait of hormuz, one of a number of major global trade chokepoints, often an anxious ....

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Red Sea crisis: India's small exporters reel as rivals gain ground

An exporter in the Indian eastern city of Kolkata, Atul Jhunjhunwala is passing through a rough time, having just lost another order due to the Red Sea. ....

United States , Tamil Nadu , Israel General , Red Sea , Djibouti General , West Bengal , Madhya Pradesh , United Kingdom , Pratibha Syntex , Nitin Seth , Ashok Kajaria , Ajay Sahai , Association Of Indian Entrepreneurs , Federation Of Indian Export Organisations , Atul Jhunjhunwala , Binayak Hi Tech Engineering , Suez Canal , Good Hope , Kajaria Ceramics , Indian Export , Red Sea Crisis , Red Sea Attacks , Freight Costs , Shipment Costs ,

Chart of the Day | The Red Sea crisis is hurting Indian companies

The Drewry World Container index, which tracks spot container freight rates, is up 90 percent from the year-ago period ....

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