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BBCNEWS Asia July 6, 2024

around 0.32%. some reprieve, but will it last? rebecca babin is a senior energy trader at cibc private wealth. she gave me her predictions. i think the concern right now is really kind of concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% is because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. so that is what the market is pricing in and looking at at this point. the market has not entered a panic mode, as we have seen in the past with other geopolitical events, where it starts to price in supply is lost from the market. right now it is a logistical rerouting, what we re seeing, and not kind of that panic and fear that we re g ....

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BBCNEWS Asia July 6, 2024

in north america, which is its largest market fell 5%. in china, and other key market which is slowly recovering from a footwear sales were down i%. now, on the bright side, if you take footwear sales together with nike set sales of footwear in north america, which is its largest market fell 5%. in china, and other key market which is slowly recovering, footwear sales were down i%. now, on the bright side, if you take footwear sales together with like equipment and apparel, overall, that generated a total revenue of $13.39 billion. that s up 1% from a year ago. nike executives said they are working to improve things announcing $2 billion in cost cuts over the next three years. the sneaker giant plans to simplify its product line up. it wants to increase its use of technology and to streamline the overall organisation. the plan is going to cost the company 400 million to $450 million. the boss said we are embracing a company wide journey to invest in our areas of greates ....

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CNNW The July 6, 2024

how an operation in gaza went so tragically wrong. also the autopsy results just in for matthew perry. what authorities say ketamine had to do with the friends actor s death. dr. sanjay gupta is here to break it down. i m kaitlan collins, and this is the source. an already-cash strapped rudy giuliani is now in ruins for trying to destroy the lives of two americans in georgia, who simply were doing their patriotic duty in november of 2020. a federal jury has now ordered giuliani to peay ruby freeman ad shaye moss $148 million for defaming them, for their emotional distress, and also for punitive damages. the amount was so astonishing that there was an audible gasp in the courtroom today as it was read. the jury having none of it from donald trump s one-time lawyer for wrongfully, repeatedly, and viciously accusing an innocent mother and her daughter of tampering with votes in 2020. almost just as breathtaking, he is still doing so to this very day. the absurdit ....

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BBCNEWS Asia July 6, 2024

countries will include the united kingdom, bahrain, canada, france, italy and spain, among others. this is notjust a us issue, this is an international problem and it deserves an international response. and that s why i m convening a meeting tomorrow, a ministerial meeting, with fellow ministers in the region and beyond to address this threat. for exactly what this shipping disruption might mean for the global economy, i spoke to hung tran, who s a seniorfellow at the atlantic council and also former deputy director at the international monetary fund. this area of the red sea leading to the suez canal is quite important in terms of the volume of trade passing through it. about 12% of global trade passes through the red sea, including 30% of the container shipping. all together, it accounts for about us$1 trillion per year of world trade, so it is quite significant, and a disruption there would cause damage to world trade. aside from avoiding this area, what can companie ....

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FOXNEWSW FOX July 6, 2024

tom: it s the christmas season. which is according to andy williams the most wonderful time of the year. but not everyone is into that and they re tired of all of the good cheer but would it surprise you to know a new study find that declining invitations to holiday parties is actually good for you. many people say yes to invites when they want to say no. you see they re afraid their friend will be angry and cross them off future party lists. but researchers found, quote, people tend to exaggerate degree to which the person who issue invitation will focus on act of the invitee declining invitation as opposed to the thoughts that pass through their head before they decline. you get it right, it s old bit of wisdom you wouldn t so much about what other people thought of you. if you knew how seldom hay did there s a lot of demands on your time this time of the year. you have to look out for your mental health even if it makes you kind of a grinch. this woman hates ....

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