live from london, this is bbc news. avoiding another banking crisis: us regulators race against the clock to find a buyerfor troubled first republic bank, whose shares plunged last week. more protests in france as unions call for further strike action against the government s pension reforms. and solving london s housing crisis: we ll tell you how one community is building its own solution by selling affordable housing to the locals. hello. i m mark lobel, here with your top business stories. let s start in the united states, where us regulators are racing to find a buyer for the troubled first republic bank. the federal deposit insurance corporation has reportedly asked six banks to bid for the lender, and wants a deal in place within the next 2a hours. shares in first republic plunged last week after it admitted customers had withdrawn $100 billion in deposits in march. at that time, its competitor silicon valley bank had collapsed, prompting fears of a wider banking crisis
let s have a look at what impact it has had on commercial property. three years ago in the uk who in the midst of the first lockdown put in place to manage the covid pandemic. mitigation measures such as that presented big challenges for all sorts of business sectors. high street retail suffered especially hard, and office occupancy fell away sharply. while much has changed since then have some of the trends persisted? we re nowjoined byjennet siebrits, who s the head of uk research at cbre, which is a commercial property firm. the pandemic seemed to trigger a sharp drop in the appetite for both retail and office space. how far this has this recovered? it really has been very close to ride, hasn t it? capital values and commercial real estate held quite sharply, as you would imagine, during covid, but they did recover. the year from sort of mid 2021 to 2022, there is a sharp
this is bbc news. the headlines: a us teenager who shot dead two people and injured another during racialjustice protests last year has been found not guilty of murder in a trial that polarised america. kyle rittenhouse argued that he was repeatedly attacked, and had acted in self defence. police in the netherlands have fired warning shots during a demonstration by people opposed to the partial lockdown put in place to stop rising covid infections. local media say water cannon was also used to disperse a crowd of several hundred which had set fire to police vehicles. belarus authoritarian leader alexander lukashenko says he will not stop the flow of thousands of migrants through his country as they try to enter the eu. speaking to the bbc, mr lukashenko admitted his armed forces may actually be helping migrants cross the border into poland.
the headlines: not guilty. a us teenager who shot dead two people and injured another during racialjustice protests last year has been found not guilty of murder in a trial that polarised america. kyle rittenhouse argued that he was repeatedly attacked and had acted in self defence. police in the netherlands have fired warning shots during a demonstration by people opposed to the partial lockdown put in place to stop rising covid infections. local media say water cannon was also used to disperse a crowd of several hundred, which had set fire to police vehicles. belarus s authoritarian leader, alexander lukashenko, says he will not stop the flow of thousands of migrants through his country as they try to enter the eu. speaking to the bbc, mr lukashenko admitted his armed forces may actually be helping migrants cross the border into poland.
during racialjustice protests last year has been found not guilty of murder in a trial that polarised america. kyle rittenhouse argued that he was repeatedly attacked, and had acted in self defense. police in the netherlands have fired warning shots during a demonstration by people opposed to the partial lockdown put in place to stop rising covid infections. local media say water cannon was also used to disperse a crowd of several hundred which had set fire to police vehicles. belarus s authoritarian leader, alexander lukashenko, has said that he will not stop the flow of thousands of migrants through his country as they try to enter the eu. speaking to the bbc, mr lukashenko admitted his armed forces may actually be helping migrants cross the heavily guarded border into poland.