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BBCNEWS Verified July 5, 2024

uk drivers paid extra for fuel at supermarkets. the government promises more competition to drive prices down. and wimbledon gets under way, we will be back with more as novak djokovic and others take to centre court. hello, i m matthew amroliwala, welcome to verified live, three hours of breaking stories and checking out the truth behind them. let s start without developing the story the middle east. israel has launched a major military operation in the occupied west bank one of the biggest in recent years. the israeli military says at least seven militants have been killed. palestinian health officials say eight people have died and 50 injured. it started with multiple drone strikes on thejenin refugee camp, and israeli army vehicles were seen moving in. israel claims the camp contains a command centre for palestinian militants. across the jenin skyline, smoke has been rising for much of the day palestinian leaders say it s an attempt to destroy a refugee camp and ....

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BBCNEWS Asia July 5, 2024

they were looking to salvage a terrible financial performance that it has been seen, but also for sony, which is also really facing stiff competition right now in the indian market from the likes of amazon, netflix as well as a potential merger between disney and reliance industries. these two giants were looking to come together and consolidate their presence against this competition, but of course it has now fallen through because there was no consensus it has been said between the two companies and who would lead the merged entity. zee of course wanted its current loss to be leading it. sorry of course had reservations about that because of a number of corporate governance cases that have been pending against him. so despite nearly two years of negotiations and a 30 day grace period, the deal has now fallen through. it doesn t look like this is the end because sony is now seeking a $90 million termination fee and zee has said it will go to the courts as well. we will ....

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BBCNEWS Asia July 5, 2024

higher. i spoke to tribeca investment partners, who told me what was driving the rally. 2024 - me what was driving the rally. 2024 we re heading to a good start. certainly the investor optimism has returned after the first couple of weeks of a little bit of weakness. investors have decided 2024 is going to be a year where interest rates will head lower locally and the economic activity will slow down, but not as bad as feared previously. so all that combined, it s good to see the nasdaq pushing higher, led by big tech, and everybody else heading the right way. big tech - we re hearing heading the right way. big tech - we re hearing some heading the right way. big tech - we re hearing some good - we re hearing some good things, some lay offs as well? sure. i do think big tech is going through for 2024, certainly they ve had a great start, but i do think they will slow down somewhat because of the things you talk to. their earnings were slowed somewhat because c ....

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BBCNEWS Asia July 5, 2024

houthi fighters say they will continue attacking vessels in the region of the red sea. this announcement comes after they launched a drone attack in yemen on a us commercial vessel off aden. the escalating tensions in the red sea have many analysts concerned that the impact of these attacks will drive up the cost of living. some companies had to take a detour around southern africa, driving up costs. mukesh sandav, head of oil trading, rystad energy, describes what is at stake in the markets. what is at stake is that a lot of crude oil, up to four million barrels a day, moving from east to west, and that is bought by russia, by india, by china, that s at stake and that also stake is a lot of vessels which move towards europe. i would say all this, as we re talking about a sizeable number of barrels of crude and products will all of this get impacted or only a part of this will be impacted because what we have learnt is that the system finds alternate ways of re routing ....

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BBCNEWS Asia July 5, 2024

we are learning at this hour that houthi fighters say they will continue attacking vessels in the region of the red sea. this announcement comes after they launched a drone attack in yemen on a us commercial vessel off aden. the escalating tensions in the red sea have many analysts concerned that the impact of these attacks will drive up the cost of living. some companies had to take a detour around southern africa, driving up costs or have decided to suspend shipment indefinitely. mukesh sandav, head of oil trading, rystad energy, describes what is at stake in the markets. what is at stake is that a lot of crude oil, up to four million barrels a day, moving from east to west, and that is bought by russia, by india, by china, that s at stake and that also stake is a lot of vessels which move towards europe. i would say all this, as we re talking about a sizeable number of barrels of crude and products and the question comes, will all of this get impacted or only a part ....

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