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BBCNEWS World Business Report July 6, 2024

after major concerns over the bank s finances. its shares fell by almost a third on wednesday at one point, forcing the swiss central bank to take action. it issued a statement saying credit suisse can borrow up to $54 billion us to boost its bottom line. today the shares have rebounded and are currently up just over 20%. the selling has continued in asia today, with japan s topix banks index falling more than 4%, after recording its worst day in three years earlier this week. we re nowjoined by craig erlam, who s senior market analyst at oanda. for the story to come out was unfortunate timing. it has the backing of the central bank. covering short positions? it keeps investors that they are holding onto something that is not going to become more innocuous. we will see more volatility over the coming days and now investors are going to be looking at more financial institutions to see if there are material weaknesses there as well. i don t think this is over at this poin ....

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BBCNEWS BBC News July 6, 2024

hello and welcome to bbc news. banks and governments around the world are nervously watching the european markets to see if the crisis surrounding credit suisse will develop into a global banking crisis. so far things seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. but there are concerns that a potential interest rate rise later on thursday by the european central bank could add further volatility to the situation. earlier our business presenter sally bundock explained why the situation at credit suisse was notjust important to the financial community but to all of us: a real worry about credit suisse. if that bank, which is 160 odd years old in switzerland, were to fail, it could have the same effect that the lehman brothers collapse had in 2008, which is it brings a huge amount of fear within markets about the stability of other banks. so people therefore act very quickly and remove their funds from ....

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BBCNEWS Breakfast July 6, 2024

will be finding out what people make of the chancellor s announcement. there s big changes to pensions to encourage people like doctors to stay in work butjeremy hunt s plans prompt accusations his budget favours the rich. check before you travel. rail workers in the rmt union take part in another strike in their discpute over pay, jobs and working conditions. no miracle in madrid for liverpool as they lose their second leg against real and are knocked out of the champions league humbled 6 2 on aggregate. and we hear from kate middleton s childhood piano teacher, who s written a song for the nation to sing on king charles s coronation day. good morning. a much milder day for most of us today, compared to yesterday, but it is going to be cloudy with some showers, and longer spells of rain at times. the chancellor, jeremy hunt, insists his budget will get people back to work and won t just benefit the rich saving for retirement. his comments come after labour criticised his pla ....

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BBCNEWS BBC News July 6, 2024

is outside the law . it is not the law of the land, it is the law of the jungle. and the uk s biggest horse racing festival is kicking off, with stricter rules around jockeys whipping horses. welcome to our viewers on pbs in america, and around the globe. the us has summoned the russian ambassador to express concern about a collision between russian fighter jets and an american drone over the black sea. washington has accused moscow of irresponsible behaviour, and said the drone was involved in a routine operation in international airspace. russia denied the us claims, instead saying the drone crashed after it lost altitude while manoeuvring sharply. this was the pentagon spokesman a little earlier. we are continuing to assess exactly what happened, but i think, based on the actions of the russian pilots, it s clear that it was unsafe, unprofessional, and i think the actions speak for themselves. what we saw again were fighter aircraft dumping fuel in front of this uav ....

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BBCNEWS Inside Out February 19, 2017

Tonight, we are investigating tesco, britains biggest supermarket, where some special offers arent always that special after all. Also tonight The Artist Hiding Real Treasure in the unlikeliest places. Look at that solid gold. I wonder who will find it . And later in the programme, top archaeological finds here in the Yorkshire Wolds. You can see he has quite a wide wound, thats probably Something Like an axe. Now, how often do you check your receipt when you shop at tesco . We all take for granted that the price we see on the shelf is what we pay at the till, but what if its not . Jonathan gibson has been investigating the not so special offers at britains biggest supermarket. Whos up for a good deal . Iam im a sucker for a special offer. Most of us are and tesco knows it too. Thats why the shelves at ....

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