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BBCNEWS World Business Report June 4, 2024 05:35:00

Deliveries to their homes, etc, head of thanksgiving, head of christmas stop as you say, it is interesting timing from that perspective. but these ceos are making it clear they are having to make tough choices, given what is ahead, i.e. the economic outlook for the next 12 and 2a month. economic outlook for the next 12 and 24 month. economic outlook for the next 12 and 24 month. yes. they are havin: 12 and 24 month. yes. they are having to 12 and 24 month. yes. they are having to prepare 12 and 24 month. yes. they are having to prepare on 12 and 24 month. yes. they are having to prepare on that - 12 and 24 month. yes. they are having to prepare on that front | having to prepare on that front and it is a reflection that with basically everyone is going to have to readjust a lot of the economic models in the demand picture is probably not the same one as beforehand and that s the biggest struggle that s the biggest struggle that they have. to a certain extent they may have been la ....

I E , Demand Picture , Marc 0stwald , Skill Shortages , Thank Ou ,

BBCNEWS World Business Report June 4, 2024 05:33:00

Amazon is one of several in big tech who have announced huge cost cutting measures. meta, the parent company of facebook, instagram, and whatsapp is cutting 11,000 jobs the biggest reduction in its history or roughly 13% of its workforce as it adjusts to slowing growth and falling advertising revenues. twitter, under its new owner elon musk, slashed almost half its global workforce estimated to be 7,500 staff as it looks to cut costs. a report calculates overall us based tech companies have shed more than 28,000 jobs so far this year, more than double a year earlier according to challenger, gray & christmas, which tracks such announcements. to discuss these changes i m joined by marc 0stwald, chief economist and global strategist, admisi. good morning to you. amber zone is yet to confirm the numbers, ....

Parent Company , Advertising Revenues , Cost Cutting Measures , Big Tech , Elon Musk , Tech Companies , Challenger Gray Christmas , Amber Zone , Chief Economist , Marc 0stwald ,

BBCNEWS World Business Report June 4, 2024 04:40:00

The european insurance market. two months ago, the eu announced a ban on maritime insurance of vessels carrying russian oil. it was expected to be a co ordinated effort with the british government. but now the plan to shut moscow out of the vital lloyd s of london maritime insurance market has been delayed. joining me now is marc 0stwald chief economist and global strategist at adm isi. not surprising to hear this is being done given the situation with inflation and what it means for provision of energy in europe? it means for provision of energy in emma? in europe? it is multi aspect the first thing in europe? it is multi aspect the first thing is in europe? it is multi aspect the first thing is the - in europe? it is multi aspect| the first thing is the pressure on oil and gas and gas prices, secondly, it is about co ordinating measures here, and also the realisation that if the eu basically they ban ....

British Government , Lloyd S Of London , Chief Economist , Insurance Market , Marc 0stwald , Adm Isi , Gas Prices ,

BBCNEWS World Business Report June 4, 2024 04:49:00

Joining me now is marc 0stwald, chief economist at adm isi. good morning to you. yet again, another headline coming from the government, anything to keep our attention of political turmoil within downing street. give us your take on this idea of having a cost of living is our, david buttriss?- of having a cost of living is our, david buttriss? well it s a nice idea. our, david buttriss? well it s a nice idea, it our, david buttriss? well it s a nice idea, it is our, david buttriss? well it s a nice idea, it is someone . our, david buttriss? well it s. a nice idea, it is someone who has some credibility because he is at the ground level, on the other hand the cost of living crisis would seem to demand, it is a supply driven crisis, it is a supply driven crisis, it is the supply of food disruptive above all by the russian invasion of ukraine, it s the supply of energy in every shape and form one can think of, household energy, gasoline, anything needed by industry and the problems th ....

Chief Economist , Marc 0stwald , Adm Isi , Cost Of Living , David Buttriss , Hit Our , Downing Street , Ground Level , Household Energy ,

BBCNEWS World Business Report June 4, 2024 04:45:00

Not geri. why? - this is bbc world news. the latest headlines: 19 children and one teacher have been killed in a mass shooting in the united states, at a primary school in texas. salvador ramos, who was 18, was shot dead by law enforcement officers. here in the uk, railway workers have voted to go on national strike threatening major summer travel disruption across the uk. members of the rmt union have voted in favour of strike action across network rail and 13 train operating companies. joining me now is marc 0stwald, chief economist & global strategist, adm isibig impact on movement goods, thank you forjoining us again. this will have a huge impact on ....

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