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BBCNEWS World Business Report July 11, 2024

The tech giants in the us are dominating the business agenda today. Jeff bezos is stepping down as amazons Chief Executive. The Online Retail giants founder will move to become the compa ny s executive chairman. He will be replaced as ceo by andy jassy, the current boss of amazons Cloud Computing business. And this comes as the firm reported 386 billion in sales in 2020, thats up 38 on the year before. Their profits almost doubled, rising to 21. 3 billion. So whats been the reaction to the news bezos is stepping to the side, and what do we know about the new boss . Duncan howe is e commerce strategist at cheil uk, which is a Digital Marketing and advertising agency. Duncan, welcome to the programme. Executive chair man still means he will have a lot of control a ....

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BBCNEWS Politics July 5, 2024

Great surprise. I dont think it is a deliberate attempt to the rescue. It is simply that kherson has been shelled all these months. The situation clearly in the city is critical, there are some parts of it which are a lot worse than the pictures that you are looking at now. I have seen scenes from an area where the dnipro and kakhovka rivers join, which are basically underwater, the water has reached rooftop levels, so there are neighbourhoods of kherson that are completely submerged. And that very much echoes the scene elsewhere along the dnipro, where, in these little communities on either side of the river, you are seeing similar scenes, with the river suddenly massively expanded as a result of this huge volume of water that is flooding down from what was a vast reservoir above the dam. That reservoir is emptying and sending colossal quantities of water down the dnipro river and into the black sea and causing devastation as it goes, notjust in those communities where people are livi ....

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BBCNEWS Verified July 5, 2024

in the uk are at an all time high as country. its lowest ever now we have the round up of the business news and one of those headline stories you are concentrating on. welcome to the programme. yes, on course for stronger than expected recovery. that is the assessment from the international monetary fund on the state of the global economy in its latest world economic outlook update. the imf predicts that global growth of 3.1% this year and slightly higher growth in 2025. it also says that inflation is declining faster than expected because many supply chain problems caused by the pandemic have now been resolved. the imf has, however, issued a warning to the uk government not to cut taxes any further and suggested that treasury percent planned spending cuts for this year were unrealistic. earlier i spoke to the imf s chief economist and i asked him what his concerns were over the uk cutting those taxes. ~ , ., taxes. well, first, for the uk, we are seeing taxes. well, ....

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BBCNEWS Verified July 5, 2024

walked out in protest over arrangements was created to trade barriers between northern ireland and the rest of the uk. it s not clear what exactly is in the deal but it won t reverse the basic settlement between the uk and the eu. let s go straight to stormont and our island correspondencejohn campbell. we were listening a few moments ago tojeffrey donaldson, is it becoming clear how soon power sharing could be up and running? power-sharing could be up and runnina ? , . ., . , power-sharing could be up and runninu? ,~ ., . , running? every chance it will be by the end of this running? every chance it will be by the end of this week. running? every chance it will be by the end of this week. jeffrey - the end of this week. jeffrey donaldson was in fighting form, outselling this deal, saying it s going to deliver more than some of his critics had suggested. at the moment we only have what he is telling us and his spin on this deal, he says there is going to be new le ....

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BBCNEWS Talking July 5, 2024

to balance the books. plus, with the cost of living soaring around the world, global debt has hit a record $300 trillion. so we ll hear from the boss of europe s leading debt collection agency about how it balances the need to recover cash for its clients with people s ability to pay. wherever you rejoining me from around the world. once again, a big hello and a warm welcome to the show. getting old is something that happens to all of us. butjust how are we as individuals and as a society going to pay for it? this year, france has seen high profile and often violent demonstrations about government plans to address exactly that question. but the french aren t alone, across europe as well as in the us and japan and many other countries. our populations are getting older at a time when the global economic system has undergone a series of major shocks. since the second world war global life expectancy has risen steadily, while birth rates fall. in 2019 before the pandemic, ....

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