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BBCNEWS World July 5, 2024

leave interest rates unchanged in june. leave interest rates unchanged injune. charles lieberman, who has worked at the new york fed and is now chief investment officer and advises capitol management explained the rationale. rationale. the fed has tightened rationale. the fed has tightened monetary i rationale. the fed has - tightened monetary policy quite dramatically quite quickly, basically a phase with five percentage point increase in a little more than a year. and thatis little more than a year. and that is huge. historically it is an enormous increase. and i think there is a loss of there is one view that the feds should wait to see the impact of what they ve done. any should wait to see the impact of what they ve done. any break ma be of what they ve done. any break may be short of what they ve done. any break may be short lived. of what they ve done. any break may be short lived. us - may be short lived. us inflation are still running well above the ....

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BBCNEWS BBC July 6, 2024

the second semi final. we will be live in liverpool in this half hour. more on those stories in a moment but first of the bbc sport centre and betty glover with more of the day s top stories. thanks, matthew. good afternoon. the big week of european football semifinals continues tonight with the europa league and europa conference league happening this evening. west ham can move a step closer to their first evening. west ham can move a step closer to theirfirst bit evening. west ham can move a step closer to their first bit of silverware since 1980 as they take on dutch side a z alkmaar in the first leg of their europa conference league semifinal. david moyes s side come into this on the back of their big win in the premier league on sunday against manchester united, which moved them seven points above the relegation zone with three games to play. az alkmaar. and other attention turns to trying to end their four decade wait for a trophy. because the team is winning and doi ....

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BBCNEWS World Business Report July 6, 2024

today, the business headlines will be dominated again by the huge profits made by one of the world s top oil companies. this time it s the turn of bp its latest results are out in an hour and a half and it is expected to reveal it s made substantial sums in the last quarter. last week, shell announced it made record annual profits of nearly $40 billion in 2022, double the previous year s total and the highest in its 115 year history. energy firms have seen record earnings since oil and gas prices jumped following the invasion of ukraine. dr carole nakhle is chief executive of crystal energy, a consultancy that provides advice, research and training to the energy sector. thank you for being on the programme. if we look at the numbers to begin with will bp be record numbersjust like be record numbers just like shell? be record numbersjust like shell? i be record numbers “ust like shell? ., ~ , shell? i don t think bp will be an outlier shell? i don t think bp wil ....

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BBCNEWS World Business Report July 6, 2024

let s get down to business. america s supreme court is set to hear two cases back to back that could reshape the internet. the first is gonzalez vs google. the second case being heard on wednesday is twitter vs taamneh. both deal with whether tech platforms should have legal immunity for what their users choose to post. for more, here s our north america business correspondent michelle fleury. should tech companies be held liable for harmful content promoted by their algorithms? that is the question being put before america s top court. eight years ago, gonzalez, 23 year old exchange student was killed by ices gunmen in paris. the family in seeking justice for her death is targeting google s video platform, youtube, alleging that by distributing terrorist training videos on its side, the tech giant acted as a recruiting platform for isis, in violation of us laws about helping terrorists. at the centre of this landmark as is a federal court forged in the earliest days of ....

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BBCNEWS World Business Report July 7, 2024

more now on the day ahead in the uk, and we could know as early as this afternoon who the next leader of the conservative party is and therefore our prime minister. as you ve been hearing, borisjohnson has pulled out of the contest, saying the time isn t right and would not lead to much needed party unity. this leaves two contenders former chancellor rishi sunak and the leader of the house of commons, penny mordaunt, with mr sunak currently the front runner. by 2pm this afternoon if penny mordaunt hasn t got 100 backers or more, then rishi sunak is in post. if both candidates are still in play, then mps vote to state their preference. let s take a look at how the markets are trading today during asian time. we have the dollar versus again, i was hoping to show you the pound but the detail is not on that particular screen, when i looked at it months ago the pound was buying just over $1 13 cents, fairly steady versus the dollar and up slightly versus euro. joining me n ....

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