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Transcripts For BBCNEWS Verified 20240704

Customers what does it mean for their customers and this was originally a uk lifestyle brand, so what does it mean for the employees in the uk . figs mean for the employees in the uk . Sis you mean for the employees in the uk . Is you say it is a turn for a company that started specialising in menswear in the 19805 and now has grown nearly 50 stores and nearly a thousand employees. They sell online and operate within department stores. Under conditions like this it would be reasonable to expect that a sale could result in job losses even into the hundreds and they did not indicate what that could look like but we heard from the chief strategy and transition officer for authentic and he said hopefully some consolidation at the brand and it will still be Available Online and in store spot for employees and stakeholders, he said we wish there could have been a better outcome but for employees. Authentic brands group is the owner of ted baker, since 2022, but the acquisition happened afte

Transcripts For BBCNEWS World 20240704

The governments Finance Department to make it support Economic Growth. But the governments Chief Secretary to the treasury laura trott says labour are offering no plan just more borrowing and more taxes. So what are the priorities for british businesses . Joining me now live is the Chief Economist of the confederation for british industry. What does the cbi and its members need to hear from a prospective chancellor back . Often the criticism of not enough detail. What would you like to hear . What businesses would like to hear . What businesses would like to hear is a long term vision and strategy for how to deliver Economic Growth in the uk, and we know our challenges of growth in the last couple of years has been lacklustre and in terms of Living Standards we have not seen the growth and productivity that we need so what is the answer to that . It is absolutely how business works with government to make sure we have a Business Investment going across all sectors and regions in our ec

Transcripts For BBCNEWS Asia 20240703

Thejustice departments case revolves around these deals, which ensure pretty much every smartphone sold in america comes Out Of The Box with Google Search preinstalled. The microsoft boss said his company has invested more than 1 billion into the development of its own search engine, bing. Its also invested heavily in Artificial Intelligence and is considered a front runner. But he warned there were limits about how far ai could reshape the market. His appearance comes many years after the tech giants face its own monopoly case, which was settled back in 2001, which paved the way for competitors like google. Were into october in the final quarter of 2023, and this morning we are going to take stock of the year and see how the rest of it will likely pan out in the financial markets. Our next guest believes investors have grown more optimistic about the Global Economy and its largest markets, while the us has seen a better than expected recovery, the picture is somewhat shakier in china,

Gold prices drop by Rs 2,900 in just 10 days as Middle East tensions ease: What s next for investors? | India Business News

India Business News: Gold prices have dropped by Rs 2,900 over 10 days. The current price is Rs 71,065 per 10 grams, down from a record high of Rs 73,958. This decline has happened because investors have become less worried about geopolitical tensions in the Middle East.

Good news for NBFCs: Fiscal deficit target of 5 1 per cent for FY25 positive for liquidity

NBFCs are well placed to harness the India Stack in ensuring last-mile credit delivery to the smallest business or remotest retail customer. For this, NBFCs will have to expand their capital base, and diversify across other sources of credit like debt markets and public deposits. Public deposits can be a cheap source of capital for upper layered large NBFCs, the benefits of which can be passed on to borrowers.

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