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Transcripts For BBCNEWS Business Today 20240726

Enough power for the equivalent of almost 20 Million homes. Live now to chris wheaton, managing director, 0iland Gas at stifel financial. Thank you very much forjoining us. Explain to us what Gb Energy is. It us. Explain to us what Gb Energy is us. Explain to us what Gb Ener is. ,. ,. ,. , energy is. It is ambitious and that is a great energy is. It is ambitious and that is a great Place Energy is. It is ambitious and that is a great place to energy is. It is ambitious and that is a great place to start. That is a great place to start because the uk has amazing renewable Energy Capacity and needs to make that work for the nation. A key political risk is trying to address of bills spiking like We Saw in 2022 and the practicality of delivering thatis the practicality of delivering that is going to be about changing the Energy Mix in an Energy Transition from the current Fossil Fuel heavy one to one that is far more renewable. That will take a lot of money and that means they need to brin

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Transcripts For BBCNEWS Business Today 20240718

Citing its own energy needs, but New Delhi has also acknowledged the fact that this Trade Relationship is deeply skewed in favour of russia because out of all the exports and trade, indias exports stood at only about 4 billion. It is the Trade Imbalance prime Minister Modi hopes to correct by this visit and any is hoping to explore more opportunity of exporting other items, ranging from pharmaceuticals to Information Technology and even agriculture. India, just to put it in context, has had age old ties from russia, which dates back to even the Cold War period. Russia has also been the long one of indias primary defence suppliers as well. It is a Relationship India has refused to pivot away from despite criticism from the west, in fact repeatedly india has not openly criticised russia for its war in ukraine and has also abstained from voting against russia at the un as well, so in this visit we are also likely to see New Delhi again trying to walk the tightrope, on the one hand enhanci

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Transcripts For BBCNEWS World Business Report 20240710

The japanese government and organisers are planning to hold the 12 Day Event largely without spectators, following a surge in covid 19 cases. So what will it mean for sponsors . During the Olympic Games, toyota chose not to run olympics related Tv Commercials in japan. And panasonic scaled back its Client Entertainment plans after spectators were banned. Will the paralympics face similar challenges . Joining me now is conrad wiacek, whos the head of Sport Analysis at globaldata. How does the Paralympics Sponsorship Work . Obviously for the vast majority of sponsors they were given Activation Plans for years in the making. Without fans in attendance, the ability to engage with fans directly, those Activation Plans would have changed to a more digital focus and there will be a change of strategy for a lot of these brands in their association with the olympics and paralympics. And paralympics. Presumably they need and paralympics. Presumably they need to and paralympics. Presumably they n

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Transcripts For BBCNEWS World Business Report 20240710

We start in the us where Wall Street shares have closed at new Record Highs on hopes that soaring inflation has finally peaked. Americas Consumer Price Index rose 0. 5 injuly almost half the rate it rose injune. Thats the biggest drop in monthly inflation in 15 months. Whys that so important . Well, it means the Federal Reserve may not be under such pressure to start removing stimulus measures. In other words, cheap money could be around for a good while longer. Rapid increase in prices, i do think has peaked, and now with the Delta Variant slowing the economy to some degree, i think that acts almost as like a Rate Hike in some ways. But when you go out here in the west coast, it is busy, it is packed last weekend. So the economy is stilljust bursting at the seams, so very, very positive on economic growth. But i do think things like used vehicle prices and Energy Prices that have really driven inflation have probably peaked especially Energy Prices. So we never thought inflation was g

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