And In sport, 37 years old but stIll goIng strong, JamIe Vardy overcomes an Injury to start leIcesters premIer League Season wIth a goal, as hIs new boss calls hIm the clubs maIn man. Good afternoon, and welcome to the Bbc News at one. The search Is contInuIng for sIx people mIssIng off the coast of sIcIly, after a brItIsh flagged Yacht sank durIng a storm. The bayesIan had been anchored outsIde the harbour at portIcello, a small FIshIng VIllage to the east of palermo. The 56 Metre Vessel was hIt by a powerful storm In the early hours of monday mornIng, and dIsappeared beneath the water at around 5am. 22 people were on board IncludIng 12 passengers and ten crew Members. 15 of them were rescued, and a Search OperatIon Is stIll goIng on to fInd the others. Our southern Europe Correspondent Mark lowen joIns us now from sIcIly. Mark, whats the latest on that search . The wInd has really pIcked up In the last 15 mInutes or so here In portIcello, part of thIs extreme Weather Front that promp
Now on Bbc News talking business. Hello and welcome to talking business. Here is what is on the programme. Crowdstrikes faulty software update. The largest It Outage in history. Thousands of flights were grounded, hospitals disrupted and broadcasters knocked off the air as millions of devices running Microsoft Windows crashed but as the costs ratcheted up into the billions of dollars we ask whether it is the price we pay by being so reliant on digital infrastructure. I will discuss that and more with a cyber influence and all there and i will talk to the boss of a global Cyber Security film, ncc group. Plus what does it all say about our readiness for the latest Artificial Intelligence breakthroughs . We will speak to one boss helping companies bring cutting edge ai into the workplace. Welcome to the programme. Now, the great global It Outage came not from cyber criminals but from a company trying to protect us from them. The previously Inconspicuous Crowdstrike became a Household Name
The Report Cards of tech Giants Amazon and apple didnt do much to lift the mood, either. Our North America Business Correspondent Michelle Fleury has more on what sparked that sell off. Yes, not even amazon could left Wall Street out of its funk. Shares in the E Commerce Giant fell more than 4 , after it reported sales grew 10 to 148 billion. Now that marked a slowdown from the prior quarter, and it has forecast further weakening in the months ahead. It wasnt the only tech firm, either, whose left investors with a sour taste. Intel punched after the Chip Maker said it plans to cut 15,000 jobs and announced disappointing results, and sales sagged at social media company, chris nat. The only bright spot, apple, despite a drop in iphone sales. Wall street started even before Big Tech Earnings came out. The dow jones fell nearly 500 points after weak economic data sparked fears that the fed Wont Act fast enough to avoid a recession. A key gauge of us manufacturing fell to its lowest level
Has more on what sparked that sell off. Yes, not even amazon could lift Wall Street out of its funk. Shares in the E Commerce Giant fell more than 4 , after its reported sales grew 10 , to 148 billion. Now, that marked a slowdown from the prior quarter, and it has forecast further weakening in the months ahead. It wasnt the only tech firm, either, that left investors with a sour taste. Intels stock plunged after the Chip Maker said it plans to cut 15,000 jobs and announced disappointing results and Sales Site that Social Media company, snap. The only bright spot, apple, despite a drop in iphone sales. Wall streets jitters started even before Big Tech Earnings came out. The dowjones fell nearly 500 points after weak economic data sparked fears that the fed wont asked act fast enough to avoid a recession. The Ism Manufacturing Index fell to its lowest level since november. Now with markets reassessing the health of the us economy, the health of the us economy, the government has met mont
In the last hour, one of the biggest reports in wall Streets Month the Jobs Report was released and, its a weak one. Injuly, The American economy created 4,000 jobs fewer than expected. And the Unemployment Rate ticked up slightly to a5 percent, its highest since october 2021. While average hourly wages rose just 3. 6 percent. Here and in europe stocks fell on the news. Traders are betting that with americas strong Labor Market losing momentum, the Federal Reserve is behind the curve on lowering Interest Rates. It comes after what was already a wild 2a hours for global financial markets, as recession fears re emerged. Big techs troubles led the way after a string of disappointing earnings from the likes of amazon, intel and apple. For the latest reaction, im joined by bob doll. Hes Ceo And Cio at crossmark global investments. Thanks forjoining us. So what do you make of this latest twist . Well, it should not be a surprise, may be the month it happened has surprised us but there have b