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BBCNEWS World Business Report July 6, 2024

quarter of this year the bank s last quarter before it had to be rescued by swiss rival ubs. and they illustrate the scale of the crisis which was around the corner. between january and march, credit suisse made a pre tax loss of nearly $1.5 billion. to add to its woes, a massive amount of deposits were withdrawn in the three month period. total outflow was nearly $69 billion. and to remind you what happened next, when there were fresh doubts about the stability of the banking industry a few weeks ago, investors became increasingly fearful for the future of credit suisse. it was eventually bought by its swiss rival, ubs, in what was described as an emergency rescue. the $3 billion price tag was a mere fraction of what the bank would have previously been valued. let s get more now from russ mould, investment director at aj bell. worryingly for the bank, desposits are still being withdrawn. how significant is that? hello, yes, they did say they feel that the outflows ....

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BBCNEWS The Context July 6, 2024

are being instructed to shelter in place as western governments try to figure out a means to safely evacuate them. also tonight, scientific censorship in china. crucial genetic sequencing that could have helped with the fight against covid, was deleted, covered up or withdrawn under pressure from party officials. we will speak to the new york times investigators. what about the transition to clean power? nine countries meeting in belgium today have commited to building an entire electricity system in the north seas, based on renewable energy. and we will talk about the global addiction to cheap clothing 10 years on from the rana plaza disaster in bangladesh have we improved conditions for some of the poorest workers in the developing world. but first to sudan, a country fast coming apart at the seams. in khartoum it is now a stark choice between hunger and deprivation indoors and the risk of being killed in the street battles outside. there are tens of thousands of fo ....

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BBCNEWS World July 2, 2024

time coming but we re finally getting some detail.- time coming but we re finally getting some detail. yes, we are exectinu getting some detail. yes, we are expecting the getting some detail. yes, we are expecting the company, - getting some detail. yes, we are expecting the company, british l getting some detail. yes, we are - expecting the company, british steel owned by the chinese group to announce plans to close blast furnaces. these are energy emission and labour intensive ways of making fresh veg and steel. and replace them with two electric arc furnaces which is electricity to generate the high temperatures involved and use recycled scrap steel as the input to bring steel out the other side. they want to do this over the next couple of years. in a way to bring down emissions and make it greener but of course that labour intensive bit, it s much less labour intensive and it s much less labour intensive and it s thought that up to 2000 jobs could be up to risk i ....

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BBCNEWS Asia Business Report December 23, 2016

Business news live from singapore. 2016 was the year of surprises, so whats in store for the Global Economy in 2017 . We get some predictions. And got milk . We visit an indian dairy of looking to pump out healthier products. Good morning, asia. Hello, world. Happy holidays, everyone. Glad you could join us for this friday edition of Asia Business report, im rico hizon. If theres anything we can learn from 2016 it might be to expect the unexpected. The uk voted to leave the eu and the election of donald trump as us president certainly defied expectations of many forecasters, but both events could have a large effect on the coming year. So what storms could be on the radarfor coming year. So what storms could be on the radar for 2017 . Coming year. So what storms could be on the radarfor 2017 . Earlier i asked Simon Littlewo ....

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After Rana Plaza, Bangladesh's Garment Workers Still Live in 'Climate of Fear'

After last year's wage protests, the risk of arrest continues to loom over thousands of workers through "baseless" criminal charges, campaigners say. ....

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