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BBCNEWS World July 3, 2024

Hello. Good to have you with us. I am sally bundock. Lets now dissect the top business stories. We start in the us where tesla has revealed the biggest slump in earnings in more than a decade as the road gets increasingly rocky for the electric car industry. Tesla made profits of 1. 1 billion in the first three months of the year. Thats a fall of 55 on this time last year. Revenues were 9 lower and both numbers were worse than investors had been expecting. But tesla shares which have taken a pounding this year jumped around 11 in after hours trade after the company promised quicker progress on new more affordable models. From new york, heres erin delmore. Its been a rocky road fit for this year. High Interest Rate that taking a bite out of consumer Purchasing Power and pushing big purchases out of reach. Competition with china especially over electric vehicle maker byd is he ....

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BBCNEWS BBC July 3, 2024

Theres real battle going on on the beach here, must be more than 100 migrants trying to get to the water, they are letting off firecrackers to try and keep the police away from them. Screeching and the 9 year old british boy whos won a European Championship for his uncanny impression of a seagull. Hello. A warm welcome to the programme, im sally bundock. The us senate has approved a 95 billion aid package for ukraine, israel and taiwan. The overwhelming vote in favour marks the end of six months of deadlock in congress. The measures approve around 61 billion in long awaited aid for ukraine alone. The package also designates more than 26 billion in aid for israel and 8 billion for taiwan and Us Indo Pacific allies. On saturday, the House Of Representatives ended months of stalemate to pass the aid packag ....

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