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BBCNEWS World Business Report July 6, 2024

welcome to world business report, i m ben thompson. we start in the us where the white house has denied starting a subsidy war following criticism of its massive support for green investments. president biden s administration is spending billions to help electric car firms, chip makers and the green energy industry with loans and tax breaks. one uk manufacturer has told the bbc it s worried britain can t compete on a level playing field and warns that companies are considering moving their investment to the united states. our economics editor faisal islam reports. british industry is facing a new dilemma when deciding where to invest to build key components for future green technology. massive hand outs from the us government has changed the game. morning, guys, how are you? this isjohn neil, he runs unapart which makes parts for every major uk car manufacturer, and he is worried. the americans are redefining the free enterprise system. and i m genuinely very, very wo ....

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FOXNEWS America Reports July 7, 2024

her the most heartfelt deb debt family could owe to their mother, understanding, example, guidance. queen elizabeth was a life well lived. a promise with destiny kept. and she is mourned most deeply in her passing. that promise of lifelong service i renew to you all today. alongside the personal grief that all my family are feeling, we also share with so many of you in the united kingdom, in all the countries where the queen was head of state, in the commonwealth, and across the world, a deep sense of gratitude for the more than 70 years in which my mother as queen served the people of so many nations. in 1947 on her 21st birthday, she pledged in a broadcast from cape town to the commonwealth to devote her life whether it be short or long, to the service of her peoples. that was more than a promise. it was a profound personal commitment which defined her whole life. she made sacrifices for duty. her dedication and devotion of sovereign never waivered, through times of c ....

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BBCNEWS World Business Report June 4, 2024 10:42:00

Are we in a position to build this infrastructure? are we in a position to build this infrastructure? we are, very much so. we infrastructure? we are, very much so- we have infrastructure? we are, very much so. we have all infrastructure? we are, very much so. we have all of infrastructure? we are, very much so. we have all of the infrastructure? we are, very much so. we have all of the technology, and it s cheap. the cheapest forms of new power generation are wind and solar. so it certainly makes sense to be doing this. we need to expand the supply chain. and that means building more factories. the united states as you have been saying on this programme is giving companies generous subsidies to do this. the european union is now easing its state aid rules, so it s easierfor national governments across europe to give public financial support. sorry to interrupt, giles, i would ask you about that issue, is there a danger to much moved to the us to chase a subsidies because euro ....

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