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BBCNEWS World Business Report July 6, 2024

so let s get down to business and turmoil in the banking industry is back. shares in the us regional lender first republic dropped more than 20% in extended trading on monday after it revealed it suffered a huge drop in deposits during the first quarter. first republic came under intense pressure after silicon valley bank and signature bank collapsed last month. samira hussain has more from new york. normally more from new york. when a company is earnings normally when a company is earnings for a quarter are released executives hold a call with analysts when they take questions, that wasn t the case for first republic, executive spoke for about ten minutes and then took no question. it is perhaps an indication ofjust how bad must have become at the regional bank. during the first quarter, it lost hundred and $2 billion in customer deposits, thatis billion in customer deposits, that is way more than half of the $176 billion it had on hand at the end of last year. after at the ....

First Republic , Bbc News , Swiss Banking Powerhouse Ubs , Credit Suisse , European Commission , Grain Dispute , Northern Scotland , Rum Distillery , Grain Imports , Banking Industry , Regional Lender , Signature Bank , Silicon Valley Bank , New York , Samira Hussain , Wasn T The Case For First Republic , Swiss National Bank , Customer Deposits , 2 Billion , 6 Billion , Wall Street , The End , 176 Billion , 76 Billion , Executive Compensation , On Monday ,

BBCNEWS World Business Report June 4, 2024 04:51:00

Retail partner, gowling wlg. good to have you on the programme, to tell us more on the globalfashion programme, to tell us more on the global fashion retailers gathering this week, what is their top priority? sustainability is very high on every retailer s target list at the moment. there is a growing awareness directly amongst the younger consumers about how their purchasing decisions affect the sustainability of the planet, its environmental credentials and then retailers actually being really product of on picking up on this trend and diversifying their product, their offerings, to give more sustainable choices so we are seeing examples like retailers offering repair services or making their products from recycled materials or partnering, even, with secondhand sellers to make sure there is more of a circular economy to tap into this interest they are seeing certainly from a younger generation of consumers. i ....

Globalfashion Programme , Fashion Retailers , Top Priority , Retail Partner , Gowling Wlg , Purchasing Decisions , Target List , Repair Services , Secondhand Sellers ,

BBCNEWS World Business Report June 4, 2024 04:43:00

Have fallen 38%, the you re in european union they are interested in survival of the sector they have helped them move the grain and help other farmers in eastern european who are affected. farmers in eastern european who are affected- are affected. while this is on . oina are affected. while this is ongoing as are affected. while this is ongoing as you are affected. while this is ongoing as you have - are affected. while this is - ongoing as you have mentioned in this programme the un secret tree general has written a letter to president putin, asking for a way in extending and expanding the black sea grain initiative, is this critical to this all moving in the market functioning as it should? it the market functioning as it should? ., , , should? it generally is critical because - should? it generally is critical because the . should? it generally is l critical because the vast majority of brain before the war started went through these ocean ports, 90%, even now a large amou ....

Eastern European , Globalfashion Programme , Un Secret Tree General , President Putin , Black Sea Grain Initiative , Ocean Ports , Market Functioning , Black Sea ,

BBCNEWS World Business Report June 4, 2024 04:45:00

Is very hard to build that backu -. ,., ., ., i. is very hard to build that backu. ., ,, ., ,, backup. good to get your take on that. around the world and across the uk. this is bbc news. spike is now the king of the world voted most popular penguin in an international online voting competition despite this past misdemeanours. ten years ago he was filming a programme and he gets christmas and birthday cards every year. 32 penguins competed for the title, the contest organised by penguin international, a lobby group aiming to raise awareness of the bird s flight. you will be sent a paper crown as a prize, will you be putting that on, spike? will you be putting that on, sike? ., ., ., spike? he wouldn t tolerate that on, spike? he wouldn t tolerate that on. he spike? he wouldn t tolerate that on, he doesn t - spike? he wouldn t tolerate that on, he doesn t even . spike? he wouldn t tolerate | that on, he doesn t even like vet check. they put wind tags on them put them off. you get cl ....

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