The Closing Ceremony, and all the Sporting Drama in between. But another, less welcome tradition has also emerged the Spiralling Cost Of Playing Host to the games. After a period of Keeping Costs down, a new University Of Oxford study reveals that since 2008, Cost Overruns are back. Host cities like paris are locked in to spending a lot more than they were expecting to when they bid for the games. According to this academic analysis, the last three Olympic Games combined cost 51 billion. Budgets overran by 185 . The Summer Games in paris this year, according to the report, was meant to cost 3. 5 billion euros. Instead, that cost has spiralled to 8. 8 Billion euros. And the next games in 2028 thats in Los Angeles Theyve already busted their original budget, revising an initial cost of 5. 3 billion up to 6. 8 Billion, and theres still four years to go. But its notjust an olympics issue. The commonwealth games, two years from now, may not happen at all, after the australian state of victo
Weekend. Eurostar is now encouraging passengers travelling from London St pancras to postpone travelling if possible with delays and cancellations to services between the uk and france. This is the scene live at a Paris Train station, and we are getting pictures now of what is happening there. We know that many Train Lines that come into the french capital have been impacted, in particular one from bordeaux, one from lille, and one from the west as well. That is the latest. In the last few hours, the mayor of a commune in north central france has shed some photographs with the bbc, lets show them to you now. They are images that appear to show some Child Wires which the mayor says were taken at a Railway Line 88 miles from paris charred wires. The french Prime Minister has spoken about the railway incident. Translation ht about the railway incident. Translation about the railway incident. Translation it targeted and coordinated translation it targeted and coordinated Act Translation it
Has input from Greater Manchester communities, and that has got to the depravity now, so that the full facts can be established and get the full truth of what happened, that is in everyones interests. What people here dont want, and i heard this very clearly in the room this morning, as politicians without possession of the facts exploiting the situation for their own political agenda, with zero regard for the effect on the ground in communities in Greater Manchester. I want to finish by repeating the call for calm, particularly over the coming weekend. Things are now moving forward, the right steps are being taken, and peoples voices are being taken, and peoples voices are being heard. It is an everyones interests that from here, we proceed with things in a measured and a peaceful way. Thank you very much indeed for coming, everybody, and i will now be available for individual interviews. Thank you. A short statement there from andy burnham, the mayor of Greater Manchester, following
That came in lower than analysts had estimated. Sales fell nearly 5 in the second Quarter And Production fell as well. Now, investors are left to see whether tesla can successfully rev up its lagging Car Sales or begin monetising its Ai Offerings fast enough to make up for it. But demand for combustible engines seems to be strong with General Motors reporting better than expected Profit And Revenue in the second quarter. Its shares fell, however with analysts saying continued losses in china were partly to blame. The Auto Maker is leaning heavily on its Petrol Engine offerings to fuel its profits because of a slower than anticipated transition to electric vehicles. Also reporting and beating expectations overnight alphabet. Google s Parent Company put it down to a rise in digital Advertising Sales and healthy demand for Cloud Computing services. Ive been speaking to Dan Ives from Wedbush Securities about all the Big Tech Earnings and started by asking him about Teslas Self driving tech