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Transcripts For BBCNEWS Business Today 20240816

Sporting entertainment events with seasonal Son Or Downpour can affect how productive we are month to month. After big quick update on employment and and inflation, the latest monthly and quarterly meetings give another indication of where the economy is heading. The economic story that continues to be one of recovery after the Uk Teaching to your brief but shallow recession at The End of last year, two consecutive quarters of growth will be welcomed even if some months may prove to be bumpier than others. Given the historical and will in part depend on small enterprises, being able to dive, like Carrieton Who Up A Steadyjob to grow her passion into a business venture. She has two stores. 5 business venture. She has two stores. ,. ,. Business venture. She has two stores. ,. ,. , stores. As well as having my saces, stores. As well as having my spaces. I stores. As well as having my spaces. I do stores. As well as having my spaces, i do market stores. As well as having my spaces, i do

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Transcripts For BBCNEWS World Business Report 20240709

Could europe be facing an Energy Crisis this winter . It is time to now get it is time to now net down to it is time to now get down to business and we have a question. Could europe be facing an Energy Crisis this winter . ThAts the fear of some analysts as the price of Gas And Electricity soars to record highs and supplies are squeezed across the region. Energy demand has surged as economies have bounced back from the pandemic. But supplies have come under pressure as governments try to wind down polluting Energy Sources like coal. NAtural gas prices are up 170 since the start of the year. And Investment Giant Goldman sachs is among those warning of possible blackouts once the weAther turns cold. Simon french is Chief Economist At Panmure Gordon here in london. Good morning to you. This has beenin good morning to you. This has been in the news, rumbling on for a few weeks now but it has come to a head because another problem of outage in the uk. ThAt is right. I think this presents th

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Transcripts For BBCNEWS World Business Report 20240710

Raising privacy concerns. We start with coronavirus restrictions here in the uk because as of Monday Staff in england will no longer be asked by the government to work from home. While some companies will continue to offer flexible working, many are anxious to get people off zoom and back in the office. Investment giant Goldman Sachs spent A Billion pounds on its new London Headquarters two years ago. It wants the vast majority of staff back at their desks on monday morning. Goldmans global Chief Executive has been showing the prince of wales round their building this week. He told our Business Editor simonjack their commitment to the office and to london is as strong as ever. We are delighted that prince of wales are spending time with us today and visiting this building, you know, this is our european headquarters, been here forjust over european headquarters, been here for just over two european headquarters, been here forjust over two years. We put this building and placed through

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Transcripts For BBCNEWS World Business Report 20240710

We start with chaos on the cryptocurrency market. Bitcoin slumped by almost a third, with even steeper losses for some of its rival currencies on news of a crackdown by chinas regulators. Almost a trillion dollars was wiped off the whole crypto market, before the currencies staged a major recovery. Michelle fleury has been following the action in new york. Some have called this bitcoin s black wednesday, in a matter of hours the dominant digital currency lost a third of its value dropping from about 43,000 to 31,000 before rebounding. The sell off was sparked by headlines out of china that regulatorS Plan to crack down on the digital coins. Despite the rollercoaster ride, Tesla Ceo and crypto fans are appeared to be sticking with it. Elon musk tweeted tesla has diamond hands. As you can see it is written in emergencies. You may recall that tesla bought one and a half billion Dollars Worth of bitcoin and said customers could buy the electric vehicles with the digital currency, but Elon

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Transcripts For BBCNEWS World Business Report 20240710

Earning potential . Hello there. Lets return to our top story the G7 Summit in the Cornish Resort of carbis bay, in the South West of england. Leaders of the rich democracies will be trying to agree how to lead the world out of the pandemic. The host, the uk prime minister, borisjohnson, wants the g7 to pledge to have the whole world vaccinated by The End of next year, with a promise to ramp up global production of doses. HeS Pledging 100 Million doses from the uk for low income countries over the next year. President biden got the ball rolling on thursday, appearing with the boss of us Drugs Giant Pfizer to announced a donation of half A Billion of its vaccineS Paid for by america for 100 of the worldS Poorest countries. This isnt the american economy, it is in all of our interests to have the global economy recover well. That wont happen unless we get thiS Pandemic under control worldwide. As a said Inmate Joint Session to congress in april, america will be the arsenal of vaccines in

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