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Transcripts For BBCNEWS World Business Report 20240707

we start with the soaring cost of living because there s a warning home energy bills here in the uk could rise even higher than previously feared this winter. wholesale gas prices have jumped back to near record highs after a further squeeze on europe s gas supplies by russia. our global trade correspondent dharshini david has the details. this is being claimed as the first truly global energy crisis, the result of moscow weaponising fossil fuels in europe has been the key target. this is the wholesale price paid for gas there. 4a8% higher than a year ago because traditionally it got to 40% of its gas from russia. that latest rise reflects a focus on this, this is nord stream one, the pipeline carrying bird of europe s russian gas supply all the way to germany, that flow has now dropped to just a fifth of normal levels, russia blames that on the impact of sanctions on vital equipment, opponents say it s an attempt to blackmail by turning down those taps. those concerns have a

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Transcripts For BBCNEWS BBC 20240702

On the situation. Police are currently searching for a robert card, he is considered armed and dangerous, he is a Person Of Interest however and thats what we will label him as moving forward until that changes. If people see him they should not approach him or make contact with him in any way. The shutter in place order that currently stands in lewiston remains. A vehicle which was typical of interest in this case was located and we are asking residents there to shelter in place so please share that information with communities as well. If anybody sees mr card or has any Additional Information with reference to these shootings in lewiston, please contact 911. If they see anything suspicious, please feel free to call your local authorities. We have literally hundreds of Police Officers working around the state of maine to investigate this case, to locate mr card, who again is a Person Of Interest and a Person Of Interest only and we will continue to gather information so we can bring t

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Transcripts for BBCNEWS World Business Report 20240604 04:49:00

Metaverse precursors. but matter has baggage. 52% of adults who were familiar with metaverse said they did not want to participate in it. hope want to participate in it. how man of want to participate in it. how many of them have tiktoki many of them have tiktok account at the moment because this is the big thing. the likes of meta are playing catch up likes of meta are playing catch up with tiktok? likes of meta are playing catch up with tiktok? very much so. it is up with tiktok? very much so. it is clear up with tiktok? very much so. it is clear instagram up with tiktok? very much so. it is clear instagram was i up with tiktok? very much so. it is clear instagram was to i up with tiktok? very much so. it is clear instagram was to be | it is clear instagram was to be tiktok and they are essentially trying to force reels upon its users to drive up investment and distancing itself from its photo sharing beginnings and there is a lot of backlash amongst users. t5 there is a lot of b

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Transcripts for BBCNEWS World Business Report 20240604 04:47:00

Because the owner of facebook, instagram and whatsapp has reported its first ever fall in revenue. like its rivals, social media giant meta is feeling the pinch as advertisers tighten their belts and consumer spending is squeezed by inflation. and it is forecasting tougher times in the coming months. mike proulx is research director at forrester in boston, massachusetts. let s assume for the moment that it continues to lose revenue what might it do? buy or invent its way out? that is the big open question. advertisers amid economic uncertainty are becoming skittish and they have to make choices way to apply their media budget. facebook and instagram used to be the place to be for brains but that is no longer a sure bet. brands.

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