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This is bbc news, the headlines. At least 32 killed in lebanon after two days of exploding Device Attacks targeting hezbollah. Pagers and walkie talkies have been banned from flights out of beirut. Israel widely believed to be behind the attacks has announced what it calls a new phase in The War the United States is urging calm. The bbc reveals that the former Harrods Boss the late Mohamed Al Fayed has been accused of rape by five female ex employees. Evacuations in Northern Italy as Storm Boris batters the country causing severe flooding and landslides. And in the uk calls for urgent Maternity Service Reform after two thirds of hospitals inspected fail to meet safety standards. The bbc has revealed that the late Mohamed Al Fayed former owner of harrods, the uks largest Luxury Department Store has been accused of rape by f ....
I m ritika gupta. Welcome to business today, live from New York, us shares have made a strong start this thursday as investors wrap their heads around Thatjumbo Half Percent cut in Interest Rates from the Federal Reserve and later comments from chairjerome powell. Was it a Panic Measure in response to a sharp slowdown in the economy . Traders remember similar moves just before the Dotcom Crash the Global Financial Crisis and the pandemic. Well, in his Press Conference Mr powell was keen to dispel any such negative thoughts. The us economy is in a good place and our Decision Today is designed to keep it there. More specifically the economy is growing at a solid pace. Inflation is coming down closer to our 2 objective over time and the Labour Market is still in solid shape. Our intention is really to maintain the strength that we currently see in the us economy. Lets bring ....
Caution at the Bank Of England. It keeps Interest Rates on hold but the governor tells us they are optimistic that Borrowing Costs are on the Path Down. Over on Wall Street though the party is back on. Shares hit a new Record High as the fed says the economys in a good place despite Itsjumbo Rate cut billion dollar breaks Australias Economy rides a wave of interest in surfing. It is the government fully with the sport . All those puns to come a little later in the programme. We start here in the uk where the bank of England Governor Andrew Bailey has said Interest Rates are now gradually on the Path Down despite the Banks Decision to keep the cost of borrowing on hold today. The banks main rate was left at 5 after it was cut last month for the first time in more than four years. The bank ratcheted up Interest Rates to try and control inflation which hit a peak of 11. 1 back in 2022. ....
Primetime tonight. Were just a few days into the investigation, so were limited in what we can say. Deat i can whaay say is that we have dedicated the full force of the fbi to this investigation. The Fbi Wont tell us aboutio the assassins. Why . I grew up understanding the children of the community are the childrennderstanen of e community. Camilas Word Salads not on the Menu for voters. We couldn nu only find one Harre Order in every restaurant. And Wer Staurant Left No Stone. Have you ever been connected anywhere with diddy or have . Here have, but again, with diddy. And there were some woMen around probabl WoMen Y going to give new details about diddy if a traineran with diddy, youre probably going to jet. Plus, if you like, one do want a hamburgeryou arto jail. Lets spin 72 hours since trump beat the odds and esc ....
Our north america business correspondent ritika gupta has the details. The 0. 5 percentage cut brings its key interest rate, the federal funds rate down to between 4. 75 and 5%. It comes amid signs of inflation in america is continuing to fall while thejob market america is continuing to fall while the job market remains strong even as unemployment has risen this year. The strong even as unemployment has risen this year. risen this year. The labour market is risen this year. The labour market is actually risen this year. The labour market is actually in risen this year. The labour market is actually in solid| market is actually in solid condition and our intentions with condition and our intentions with our condition and our intentions with our ....