Live Breaking News & Updates on Gujarat Lok Sabha Election
Stay updated with breaking news from Gujarat lok sabha election. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
far been surprisingly unaffected by the ongoing tensions. unaffected by the ongoing tension unaffected by the ongoing tensions. , , tensions. interestingly when our cut tensions. interestingly when your cut oil tensions. interestingly when your cut oil prices, - tensions. interestingly when your cut oil prices, taking i your cut oil prices, taking notice of what is happening in the red sea because we have seen oil prices take upward pressure. we would have expected to see ten to 15 years ago. the fact is that because those attacks in the red sea. it did not cause disruptions, we did not see lots of supply but saw tank is being diverted but saw tank is being diverted but not a loss in the market. add to that the fact that it is not booming, we are not seeing a tight market and that by itselfjustifies a tight market and that by itself justifies the level where prices have been trading over the last few months and they are aware they are today. is that slowdown in deman ....
a semiconductor superpower. our asia business reporter monica miller has more. it is a major setback. prime minister narendra modi has made chip making a top priority for india s economic strategy in pursuit of what they say is a new era of electronics making. it doesn t get much bigger than foxconn, which makes roughly 70% of apple s iphones. india estimates that its semiconductor market could be worth $63 billion by 2026. now, we need to go back a little bit to explain how this partnership happened. that was in september 2020 to the taiwanese firm and the indian mining giant agreed to this deal. and part of it was because foxconn was looking at the situation then, which had strict covid restrictions in china, where a lot of these phones are made. they are also concerned about the geopolitical tensions we ve mentioned many times on this programme between the us and china. so it was looking to partner up, which is with the country which is now the largest in the world. ....
record set by chatgpt, signing up more than 100 million users in under five days. that was just last wednesday that threads went live on apple and android app stores and 100 countries. mark zuckerberg said he couldn t believe the milestone had been reached so fast but if it feels like lots of people are already on it, well that is partly because it is connect to instagram. meta isn t creating an app from scratch, it is benefiting from its 2 billion instagram followers and that s giving it a massive shot in the arm. analysts are calling this the first serious threat to the elon musk owned twitter. according to similar web, twitter s web traffic was down 11% from the year prior, that s in the days immediately after threads launched. it s worth remembering threads is not the first attempt to challenge the microblogging app but others such as mastodon, bluesky and truth social remain small. history shows that creating a social media platform is hard but when it works, it re ....
prices will stay high for longer. and we take a look at the biggest deal in golf, ahead of a us senate hearing into the pga liv merger. welcome to world business report. let s start here in the uk where the government is facing another big setback in its battle against inflation. new data show that average wages have risen at a record annual pace of 7.3% in the march to may period, compared with the same period last year. british headline inflation is running at 8.7%, staying higher for longer than many had forecast. and there are concerns that after 13 consecutive interest rate rises, that the bank of england could need to raise it even further to bring price rises under control. let s hear now from janet mui, head of market analysis at rbc brewin dolphin. thank you for being with us. inflation has not been coming down at the expected pace. what does this data signal about how things could pan out? good afternoon. thank you for having me. which group is still pretty st ....
thank you. good to see you again, stephen. you just heard me talk about india s current place in the world, the most populous nation, a growing economy, a stable government. would you agree that india right now is in a good place? it s not in a bad place in overall terms. that is that it s a country, it has always been, i think, a country to be reckoned with on the world stage, but now it s number one in global population, it s number three in purchasing power parity terms in the overall gdp, number five in dollar terms. it s a country of some substance. it does have free and fair elections. every once in a while we sort of overturn state governments, so we haven t yet been able to overturn the central government. so it counts for a great deal on the world stage. and i must say that when you look at things like technology, it s done rather well for a so called developing country. it s got some very fine talents. we seem to have exported an awful lot of ceos around the w ....