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BBCNEWS BBC News July 6, 2024



actually exploded and crashed into the sea. that is the very latest we have for you. we have been closely following. although the rocket successfully launched and we can see that again now, it made it into the air, but the booster rocket appeared to fail to separate. so this saw the launch end, there was an explosion when the rocket was quite high up in the atmosphere and spacex have just said that starship is experienced a rapid and spacex havejust said said that starship is experienced a rapid and spacex have just said that starship has experienced a rapid unscheduled disassembly, before stage separation. so although the rocket successfully launched and made it into air, it was the booster rocket that appeared to have failed to separate. so this has seen the launch and is an explosion high up in the atmosphere, spacex saying they experienced a rapid unscheduled disassembly before a stage separation. so we will hear more from the team of spacex coming up, many on that ....

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BBCNEWS BBC News June 4, 2024 13:47:00

The rocket into the atmosphere and the take off was successful, the launch was successful, but we ll wait and bring you the very latest from spacex when we get it. for now, though, it is time to catch up with all the business news with world business report. the trade war between washington and beijing rumbles on, as the us finds seagate, finds seagate $300 million for sanctions placed on huawei. and opening the taps. pakistan has seen its first order for discounted russian crude oil, despite russian sanctions. hello and welcome along. this is world business report. i am ben thompson and we are going to start with that news of the ongoing trade war between the us and ....

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BBCNEWS BBC News June 4, 2024 13:49:00

Technology going to chinese firms. now, what is interesting about seagate is that in fact, the company didn t make any efforts to try to hide what was happening. they did maintain this relationship quite openly and of course seagate are saying, look, we were not trying to violate any rules or any trade restrictions. we thought we were handling it correctly, but clearly they were not and now you see this fine by the commerce department, the heaviest you had ever seen from this particular department for violating these kinds of trade rules. yes. these kinds of trade rules. yes, interesting- these kinds of trade rules. yes, interesting. samira these kinds of trade rules. yes, interesting. samira hussain, i these kinds of trade rules. yes, interesting. samira hussain, like they re from new york, thank you for bringing us up to date. we will stay in the us because the world s largest economy was rocked just two months ago by a banking crisis after the collapse of silicon valley bank. th ....

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BBCNEWS BBC News June 4, 2024 13:48:00

China. washington has now slapped a heavy fine on an american firm for continuing to trade with the chinese giant huawei. while the tech firm seagate technology has been fined $300 million by authorities for supplying huawei with over 7 million hard drives. doing so violates us sanctions. in total seagate shipped over $1 billion worth of goods from huawei that sanctions were put in backin huawei that sanctions were put in back in 2020, though sections relating to concerns over security. that speak to samira hussain, r north american business correspondence. explain what has been going on here because we know this trade war between the us and china has been rumbling on, the us is saying they have had enough? exactly, the united states has long believed that huawei, if they are supplying any kind of technology to chinese firms, could open the united states up to these kinds of technology being used for nefarious purposes and they have really been trying to crack down on any american ....

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