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That company is the saudio oil giant saudi aramco, and its feeling the effects of lower oil prices, lower than expected demand from china, and thinner Profit Margins for refining oil. Between april and june, the company made a Profit Ofjust over 30 billion, lot of money by anyone s metric, but significantly down from more than the 48 billion it made in the same period a year ago. The main reason is, as you can see here, that oil prices during the period were at the lowest point in the last year, as the boost they got from russias invasion of ukraine wore off. And last week, in an effort to keep them that way, saudi arabia said it would only produce nine Million Barrels a day. That extended Production Cuts by the 0pec group of big oil producers, who profit more from ....
Alarm bells are ringing about the outlook for china, but officials remain confident this is a short term blip. Only last month, the chinese premier, li qiang, said his country was still on track to reach its annual Growth Target of around 5 , a modest target after china grewjust 3 last year, one of the weakest showings in nearly half a century. Lets talk through whats at stake with jane foley, head of fx strategy at rabobank. Iam hoping i am hoping she is there. Good morning to you. I am hoping she is there. Good morning to you. Good morning. A fourth month morning to you. Good morning. A fourth month in morning to you. Good morning. A fourth month in a morning to you. Good morning. A fourth month in a row morning to you. Good morning. A fourth month in a row of fourth month in a row of contraction although it is slightly improved from last month, hasnt it . It slightly improved from last month, hasnt it . Month, hasnt it . It has ....
remains rock solid. in his brief visit to london en route to lithuania the president called in on the king at windsor and then on number 10. we will dig into what the purpose of that visit might have been. yevgeny prighozin led a mutiny on moscow two weeks ago. five days later he and his wagner generals were sitting in a meeting with vladimir putin. what was discussed, what does it mean for their future role in ukraine. and deep sea mining returns a two year moratorium comes to an end. why do we to go hunting beneath the waves, and what danger could that pose to pristine deep water habitats. our panel tonight is the former head of the russia desk at mi6 christopher steele and media law expert, david banks we are going to start with those allegations made on friday evening that a bbc presenter paid a teenager tens of thousands of pounds for sexually explicit images. the young person, now aged 20, is being represented by a lawyer who has issued a statement in the last ....
celebrating the best of the music industry are set to be dominated by female artists with multiple nominations for chart stars, taylor swift, 0livia rodrigo, miley cyrus, lana del rey and ice spice. now on bbc news, it s time for today s sunday episode of newscast with laura kuenssberg, paddy 0 connell and chris mason. hello, it s laura in the studio. paddy in the studio. and chris in belfast. it s fabulous to see you, you too created the newscast but others were involved. others were involved. does it all come back others were involved. does it all come back to others were involved. does it all come back to you others were involved. does it all come back to you because - others were involved. does it all| come back to you because brexit others were involved. does it all - come back to you because brexit was one of come back to you because brexit was one of the come back to you because brexit was one of the big dividing lines, that is why one of the big d ....