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BBCNEWS Business Today October 2, 2024

And what would you do with a spare 25 Billion Euros . Thats the question facing the irish Government Today as it delivers its budget following a huge Tax Windfall from Tech Firms. Live from london, this is business today. Im lukwesa burak. We start in the us where in the last 30 minutes tens of thousands of East And Gulf Coast Port workers have started striking for the first time in nearly 50 years. This comes after the international longshoremen s association and the us Maritime Alliance were unable to reach an agreement on the terms of their contract. The strikes will halt trade in a wide range of goods and disrupt the Countrys Economy just as we enter the final weeks before the president ial election. Our North America Business correspondent Ritika Gupt the two major sticking points between international longshoreman ....

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BBCNEWS Business Today October 2, 2024

The two major sticking points between the international longshoremen S Association and us Maritime Alliance are wages and automation. Workers are unhappy with the current contract, which spanned the pandemic, when Dock Workers stayed on the job and endured months of soaring inflation on automation, the Union Boss has been warning Dock Workers that their jobs could be replaced by machines. In response, the us Maritime Alliance has said its offering to keep the current ban on fully automated equipment. A strike could cost the us economy 5 Billion a day, according to Jp Morgan analysts. A range of Goods Flow through the East And Gulf coast ports, everything from raw materials and pharmaceuticals to clothes and toys, with the ports accounting for more than half of containerised imports. While consumers may not feel the impact of the strikes right away, if it extends for weeks, it could lead to shortages and higher prices ahead of the pres ....

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BBCNEWS Breakfast September 28, 2024

Costs down and whether therell be more PrIce Cuts ahead. Good mornIng. In sport, a hIstorIc nIght for scottIsh Football CeltIc celebrate becomIng the fIrst scottIsh team to qualIfy for the maIn Group Stages of the womens ChampIons League. And as you saw, raIn Is stIll fallIng across parts of england and wales In partIcular but It Is set to clear two brIghter but colder weather. One of the forecast detaIls here on breakfast. All of the detaIls later. Good mornIng, Its frIday the 27th september. Our maIn story. HurrIcane helene, a dangerous category four storm has made landfall In the Us State Of FlorIda. One person has been kIlled and theres more than 350 Thousand homes and busInesses are currently wIthout power. AuthorItIes warn the hurrIcane could brIng a catastrophIc and unsurvIvable storm surge, wIth wInds of around 140 mIles an hour beIng recorded. Our North AmerIca Correspondent DavId WIllIs reports. HurrIcane helene touched down on florIdas Gold Coast brIngIng on FlorIdas Gulf ....

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BBCNEWS BBC News September 11, 2024

Thank you for being with us. We start this hour here in the uk where the government has begun releasing prisoners early from jails in england and wales, as part of an Emergency Bid to Ease Overcrowding. A lack of Prison Space is a common issue the united states is predicted to be 10 over capacity by 2025. And even denmark renowned for the relative comfort of its cells is renting Jail Space in kosovo. Around 1,750 inmates are expected to be freed in england and wales as part of a scheme intended to make available up to 5,500 Prison Places. Some offenders whove served at least 40 of their sentences will be released. The plan excludes offenders jailed for violent offences with sentences of at least four years, as well as Sex Offenders and domestic abusers. The government says its taken every measure available to protect the public but concerns have been expressed about Offender Rehabilitation and ensuring victims are safe. And this is the scene live outside Hmp Brixton in South London whe ....

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BBCNEWS Business Today September 11, 2024

Todayis today is a big win for European Citizens and tax injustice. Trouble in the pipeline . The price of oil tumbles below 70 a barrell for the first time since 2021 as concerns grow about the state of the world economy. It relates to how two apple subsidiaries in ireland were treated for Tax Purposes between 1991 and 2014. Ireland has a low corporate Tax Rate of 12. 5 but its been accused of so called Sweetheart Deals with certain companies allowing them to pay a much lower rate. The Decision Cant be appealed apple said its disappointed with the decision and accused the European Commission of trying to retroactively change the rules. Here is what the Eu Competition Commissioner had to say. There commissioner had to say. Is a bigger picture, our investigation there is a bigger picture, our investigation has deci ....

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