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BBCNEWS BBC News July 6, 2024

by about twice the global average. it s already increased by 2 degrees celsius. 20 years since the us led coalition invaded iraq to topple dictator saddam hussein, we look at the legacy. hello and welcome to bbc news. the world s financial markets have reacted with unease following last night s emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe have dropped sharply. credit suisse was bought by fellow swiss bank ubs after a deal brokered by the swiss government. here s the chief executive of ubs explaining the rationale behind the deal. translation: it means we bring back stability and security for credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally it means we are stemming the turmoil in the international financial markets. these three goals are very, very important to u ....

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BBCNEWS BBC News July 6, 2024

the temperature up here in the alps is rising by about twice the global average. it s already increased by 2 degrees celsius. and 20 years since the us led coalition invaded iraq to topple dictator saddam hussein, we look at the legacy. hello and welcome to bbc news. the world s financial markets have reacted with unease following last night s emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe have dropped sharply. credit suisse was bought by rival swiss bank ubs in a deal brokered by the swiss government over the weekend. here s the chief executive of ubs explaining the rationale behind the deal. translation: it means we bring back stability and security for credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally it means we are stemming the turmoil in the international fin ....

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BBCNEWS World Business Report July 6, 2024

and the cost of living crisis that has triggered. but there are signs of hope are starting to emerge. in the last few hours we ve had the latest monthly inflation figures out of spain and that the pace of prices rises fell to an annualised pace of 3.1% in march when using the measure that allows comparison with other countries. that s a big drop from february s 6% and was mainly due to lower energy costs, with food prices also falling. and in germany, europe s biggest economy, there was also a big drop. by the same measure inflation has now fallen to 7.8% as businesses and households benefited from lower natural gas prices. joining me live now is the spanish economist professor santiago carbo valverde, from the university of valencia. what is causing such a big fall in inflation in spain? lowering vat has helped bring down some of the prices of the food and agricultural prost products. we also have what is called a competition or factor. last march, inflation is compute ....

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BBCNEWS BBC News July 6, 2024

in this building, the scourge - of war is back in europe. the unprovoked invasion of ukraine has inflicted the most unimaginable suffering on so many innocent people. brazil s ex president jair bolsonaro has returned to the country after three months of self imposed exile in the united states. the vatican says pope francis health is improving as he continues to be treated in hospitalfor a respiratory infection. a blood test is being trialled that could spare thousands of bowel cancer patients unnecessary chemotherapy. and the uk s police watchdog has referred the case of an unarmed black man shot dead by an officer to the crown prosecution service. hello and welcome to bbc news. hearing it has taken place in the last hour after evan gershkovich was arrested. a russian foreign ministry spokesperson said they believe evan gershkovich was conducting activites not related to journalism on assignment from the americans . in a statement, the wall streetjournal sai ....

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BBCNEWS World Business Report July 6, 2024

important to the global economy but its also seen as one of the most polluting. it s responsible for about 2.5% of the carbon emissions that are warming the planet. that and noise pollution is why the dutch government is trying to cut the number of flights at amsterdam s schiphol airport by more than 10%. and it s defending its plans in court today. but of course airlines aren t happy. the likes of klm, delta and easyjet are behind the legal action. they ve invested heavily in what is the third busiest airport in the world for international passengers. our correspondent anna holligan is outside the dutch parliament. this is quite an interesting case being watched around the world, because lots of governments are in a similar situation. tell us what are the arguments both sides are laying out in court today. this could be seen as precedent setting around the world. seen as precedent-setting around the world. , seen as precedent-setting around the world. 3 , seen as pre ....

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