In the latest fighting, israel has bombed a building in central beirut. Both Israel And Hezbollah have reported a second day of intense fighting on the ground in southern lebanon. Oil prices jumped on tuesday over supply fears, with markets regAining ground as investors seemingly come to terms with the escalation in tensions. Lets have a quick look at the price of oil, once agAin today, more than a i once agAin today, more than a i increase, the price of oil just below 75 per barrel. It would look at the Share Markets in asia, its an interesting picture were seeing. Japan is seeing a bigjump, Over2 because of the yen has weakened significantly on anticipation of what might happen in the japanese Economy But Hong kong is down over 3 . Big profit taking going on in hong kong, over the last few days there we have seen rapid increases on these markets in response to chinese stimulus so chinese stocks have had a real rise in recent days. Today, profit taking going on there but elsewhere, as
Bonanza for Chatg Pt Maker openai it takes in new funding, making it one of the most valuable Start Ups in The World. Will he or wont he show up that is Elon Musk is due to testify to the us Markets Watchdog over his Twitter Buyout after a no show last month. Welcome to business today, im ben thompson. We start in the Middle East where, as weve been reporting, President Biden has said the us does not support an attack by israel on irans nuclear sites in response to tehran s missile strikes on israel on tuesday. The us president said the israelis had a right to respond to the attack, but they needed to do so proportionately. In the latest fighting, israel has bombed a building in central beirut. Oil prices have risen since wednesday over supply fears, with markets regaining ground as investors seemingly come to terms with the escalation. Lets have a quick look at the price of oil. This is the one to keep an eye on, Brent Crude up another 2 today taking it above 75 per barrel. For more o
In terms of iran and the risk to exports directly out of iran, thats about 1. 7, 1. 8 million barrelS Per day. And obviously those, the Export Facilities in iran, are those probably at greatest risk in the aftermath of what happened on tuesday night. But i think, you know, weve had a muted reaction, partly because markets are still focussed on a comparatively weak chinese economy and expectations that the Oil Market more broadly next year is looking like it may head into surplus. So, you know, very much mixed messages at the moment coming out of the crude market. Lets go straight to New York and get the latest from our correspondent there, ritika gupta. We saw there prior to starting to rise once again, particularly off the back of those comments by president biden. Explain what he said. We are seeing biden. Explain what he said. Are seeing Oil Prices spiking after the back of president biden s comments, saying they are considering the possibility of israel launching a counterattack on
Immigrants are eating household pets has spawned that one by the musician the kiffness. False it may well be but the claim has dominated news cycles, and onejournalist set out to find the source of the now debunked rumour. Jack brewster is enterprise editor at newsguard and he s been telling us about how he did it. Yeah, so finding the source of this claim is almost as interesting as the claim itself. We went to the screenshot that everyone was sharing online, purporting to come from the person who originally shared the claim, and it was posted first in this private facebook group. And when it was shared on x which is where it went viral somebody had redacted the name at the top, so you couldn t tell who was the original poster of this claim. But my colleague and i noticed that a couple of the letters were exposed at the top and so, we zoomed in and after about a few minutes of searching, we guessed that the name might be erica, just by the way that the tops of the letters were e
This is bbc news. Well have the headlines for you at the top of the hour, which is straight after this programme. Hello, im Katie Razzall and this week on the Media Show, were talking about Donald Trumps false claims that migrants are Eating Pets in ohio. Were learning about life as a reporter in china with the Economists Man in beijing. And well go inside the race for al and the Tech Bro rivalries at the heart of it. Synthesiser Music Backup vocals and funky beat plays thats one of many remixes that Donald Trumps false claim that haitian immigrants are eating Household Pets has spawned that one by the musician the kiffness. False it may well be, but the claim has dominated news cycles, and onejournalist set out to find the source of the now Debunked Rumour. Jack brewster is Enterprise Editor at newsguard, and hes been telling us about how he did it. Yeah, so finding the source of this claim is almost as interesting as the claim itself. We went to the screenshot that everyone was shari