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And nike is replacing ceo john donahoe after a series of missteps that have cut its market share. Nonetheless, over nearly five years in charge, he s earned nearly $104 million, despite the company losing $40 billion worth of value. Another company to lose billions in value is planemaker boeing. Is planemaker boeing. Its recently departed boss, its recently departed boss, dave calhoun, lost his job dave calhoun, lost his job after struggling to deal after struggling to deal effectively with a series effectively with a series of safety incidents, including two fatal accidents. Of safety incidents, including two fatal accidents. Despite that, he got a pay despite that, he got a pay package worth more than package worth more than $30 million as he was leaving. $30 mil ....
The International Energy agency has revealed that lng now makes up 35 of europes energy supplies, not far off the 40 contribution that russia made before it was sanctioned over ukraine. Joining me now is ben mcwilliams, whos an Affiliate Fellow at bruegel. Thank you very much for being with us today. What are your concerns about where gas prices could go if these workers do indeed strike . This is certainly a concern, but to be clear up front, nothing comparable to last year. The position we are in is that, as you mentioned, as russian Pipeline Supplies have been cut over the last 12 months, the eu and uk have become more dependent on liquefied national gas. Natural gas. Australia typically supplies asia. If it were cut to asian consumers, we would see asian consumers turning around and looking to qatar and co ....
Warmer and more humid as we go through this week. All the details later in the programme. Good morning. Its tuesday the 15th of august. The former us President Donald Trump has been served with a fresh set of charges accusing him of trying to overturn the results of the last us president ial election. He and 18 others have been indicted in the State Of Georgia on counts that include racketeering and forgery. Mr trump has previously denied any wrongdoing and said the case was politically motivated. The investigation has centred on claims the former president pressured Georgia State officials into rejecting legitimate votes. Every individual charged in the indictment is charged with one count of violating georgias racketeering and corrupt organisations act through participation in a criminal enterprise to accompli ....
Good evening from newcastle, as the dust settles onjeremy hunts budget, quite possibly the last, before the general election. You join us on the citys Iconic Quayside Overlooking the magnificent river tyne, an area steeped in industrial history, and weve been gauging reaction here, to the chancellors plans throughout the day. Among his biggest annoucements, was a cut in National Insurance, by 2p in the pound, for employees and the Self Employed. Full Child Benefits will be paid to households, where the highest earning parent, is getting up to £60,000. The current limit is £50,000. And, the non dom tax regime, for uk residents whose permanent home is overseas, is to be replaced with new rules, from april next year. Well, the office for budget respons ....
currently we have got some rain pushing across the south east, clearing through this morning. behind it, a mixture of sunshine and showers, some of the showers heavy and thundery in northern and central scotland. another breezy day. details later. the parents of a young person at the heart of allegations against a bbc presenter are standing by their account, according the sun newspaper, after a lawyer representing the individual said their claims were rubbish. the newspaper first reported that the unnamed presenter had allegedly paid a teenager for sexually explicit photos last week. our correspondent charlotte gallagher has the latest. after days of damaging headlines, allegations and rumours, this story of a bbc presenter allegedly paying thousands for sexually explicit images is still dominating front pages. now a statement on behalf of the young person at the centre of this. they ve called the allegations, by their mother, rubbish. their lawyer says, nothing inappr ....