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BBCNEWS World July 4, 2024

Business stories. We start in saudi arabia as the Worlds Biggest Oil Company Aramco is set to announce its latest Half Year Results in the next half an hour or so. Last year, aramco netted record profits of over 160 billion, buoyed by soaring energy prices. But in may this year, they reported that profits dropped by nearly a fifth in the first three months of the year as the gloomy Global Outlook saw oil prices drop. To tackle this, saudi arabia has been cutting production to the tune of1 Million Barrels a day. They started in july and have now extended to september. The oil price has since been creeping up. Live now to our middle east Business ....

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BBCNEWS BBC July 6, 2024



is creating longer waiting times at passport control at airports across the country. it s understood the problems started on friday evening. there have been reports of long queues at arrivals in several british airports. this picture, tweeted on saturday morning from london heathrow s terminal 5, gives an idea of some of the delays which have been building up. heathrow has issued a statement, saying. we are aware of a nationwide issue impacting the egates, which are operated by border force. our teams are working closely with border force to help resolve the problem as quickly as possible. the issue is being felt at all points of entry to the uk, although airports with passport egates seem to be worst affected. this was the scene at london luton. and these were some of the queues at london gatwick. a spokesperson there told us the problem first started between 7 8pm on friday evening. the uk home office, which oversees the border force, acknowledged that there is an i ....

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BBCNEWS BBC July 6, 2024



until the polls open. ukraine s most senior security official tells the bbc the country is ready to launch its long expected counteroffensive against russian forces. hello, i m nancy kacungira. the home office says a nationwide issue with uk border force e gates is creating longer waiting times at passport control at airports across the country. it s understood the problems started on friday evening. there have been reports of long queues at arrivals in several british airports. this picture, tweeted on saturday morning from london heathrow s terminal 5, gives an idea of some of the delays which have been building up. heathrow has issued a statement, saying we are aware of a nationwide issue impacting the e gates, which are operated by border force. our teams are working closely with border force to help resolve the problem as quickly as possible. the issue is being felt at all points of entry to the uk although airports with passport e gates seem to be worst affect ....

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BBCNEWS BBC July 6, 2024



against russian forces. in a rare interview, oleksiy danilov told the bbc the planned assault was an historic opportunity but the government had no right to make a mistake when making such an important decision. mr danilov has been speaking to our diplomatic correspondent, james landale. we have been talking about this counteroffensive for months, and during that time ukraine has been building up stockpiles of ammunition, it s been taking receipt of tanks and armoured vehicles from the west. it s been training its troops as much as it can. so when we sat down with oleksiy danilov, the man who is at the heart of what is effectively ukraine s war cabinet, it was inevitable that we were going to talk about the circumstances around which this counteroffensive may at some stage begin and this is what he told me. translation: we will figure out | when that will start so we can have that best result at that point of war. it could happen tomorrow, the day after tomorrow o ....

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BBCNEWS World Business Report July 6, 2024



11 of america s biggest financial institutions have agreed to a $30 billion bailout for first republic. shares in first republic bank plunged, as investors worry that it could be the next to fail. samira hussain reports from new york. the collapse of two us banks have spooked investors who are now left wondering which bank could be the next to fail. and that has been putting a ton of pressure on smaller regional banks. now, depositors at first republic have withdrawn billions of dollars. the regional banks share prices has been cut in half. now, the biggest of the american banks have stepped in, led by the likes ofjp morgan and citigroup. 11 companies have agreed to make $30 billion of uninsured deposits in first republic. now, they have done this in the hope it will be enough to shore up confidence and notjust in first republic, but in the entire banking system. the troubles of those american lenders have fuelled concerns about the value of bonds held by banks, as ris ....

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