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Transcripts For BBCNEWS World Business Report 20240711

We start with an Epic Battle Raging On Wall Street that has seen small time Amateur Investors take on the titans of the hedge fund industry. Its all centred around this company the struggling us computer Game Retailer gamestop. It shares have soared at much as 1700 after a group of private investors used online forums to drive up their price. And that has raised serious questions about how Financial Markets operate in the era of social media, as paul hawkins reports. This is a story of david versus goliath, of the amateur online investor beating the Big Traditional Wall Street traders. At the centre of it, gamestop, a struggling American Retailer Selling dvds and video games. A number of the Wall Street Traders picked up on its problems and bet money that its share price would fall, known in the business as shorting a stock. Only for this particular stock, Amateur Investors swapping tips on the social media site reddit saw it as an opportunity. They bought shares, which actually drove

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Transcripts For BBCNEWS The Papers 20240711

Hello, and welcome to our look ahead to what the papers will be bringing us tomorrow. With me are uk trade and economics correspondent for politico, anna isaac, and Chief Executive of the think tank new Economics Foundation and former labour adviser, miatta fahnbulleh. Tomorrows front pages start with the metro. A National Treasure is how the metro describes captain sir tom moore, whos died in hospital at the age of 100. Hed been battling both pneumonia and coronavirus. The i describes the Second World War veteran as the best of us he was knighted by the queen last year after raising more than £30 million for the nhs by walking laps of his garden. Under its large image of a smiling captain sir tom, the telegraph reports on the results of a study which has found just one dose of the Oxford Astrazeneca vaccine is successful in cutting Virus Transmission rates a key factor in tackling the pandemic. That encouraging news about the oxford jab is also the main story for the mail, describing

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Transcripts For BBCNEWS Outside Source 20240711

There were misunderstandings from the beginning but we should forget about them and focus on our vaccine being one of the best. Donald trump is accused of summoning a mob and aiming them like a Loaded Cannon at the capitol according to pre trial documents from democrats were pushing for his impeachment. And tributes are pouring in for Captain Sirtom and tributes are pouring in for captain sir tom moore who has died at the age of 100. He is remembered for raising tens of millions for Coronavirus Workers in the uk. We begin in russia, where a court has ruled that Alexei Navalny will go to jail. A three and a half year suspended sentence for fraud from 2014 has been converted to a custodial sentence. Hes expected to spend over 2. 5 years in prison that allows for time previously spent under house arrest. This is Alexei Navalny arriving in court to hear the verdict he used his appearance to castigate President Putin, and said hed go down in history as someone who poisoned people. This was

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Transcripts For BBCNEWS BBC News 20240711

Behind . Yes, absolutely there is another aspect behind . Yes, absolutely there is another aspect to behind . Yes, absolutely there is another aspect to this behind . Yes, absolutely there is another aspect to this which behind . Yes, absolutely there is another aspect to this which is l another aspect to this which is often women in the workplace or women working from home that are bearing the brunt of taking on the Childcare Responsibilities a lot of the time. And we are seeing a lot of women having to take a step back career wise in order to facilitate that, notjust women, we have dads taking on that role as well, but we know based on data that it tends to be women that take on that responsibility a little bit more. We have to have a huge initiative which is that we rebuild those careers and as people who are parents come back into the workplace, they are helped into the workplace, they are helped in the transition back. We also need to sort out the laptop issue, we have had a lot o

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Transcripts For BBCNEWS World Business Report 20240706

prime minister rishi sunak is aiming to finalise a deal with brussels on post brexit northern ireland trade rules early this week some speculate as soon as tomorrow. government officials held talks with their counterparts in brussels on sunday in a bid to overcome some of the detail that is currrently unpallatable to some politicians in northern ireland. the so called northern ireland protocol has split political opinion since its inception in 2021. it is the trade deal that was agreed to ensure the free movement of goods across the irish land border after brexit. what do business leaders based in northern ireland think about these latest developments? joining me now is roger poland, head of the federation of small businesses northern ireland good to talk to you again. are you hopeful, are you with those who are domestic and think a deal could done this week? we are deal could done this week? - are hopeful of a deal being done this week and the last miles of the race are

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