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Transcripts For BBCNEWS World Business Report 20240710

We stArt in the us where, in the lAst few hours, A judge hAs Approved A BAnkruptcy PlAn for the mAker of oxycontin one of the highly Addictive pAinkillers At the centre of the countrys opioid Addiction epidemic. The plAn effectively dissolves the compAny Purdue PhArmA. Its owners members of the weAlthy SAckler FAmily will hAve to turn over billions of dollArs to help combAt the Opioid Epidemic in AmericA. But the Agreement will lArgely Absolve the sAcklers of Any LiAbility Or Future lAwsuits. Our Business Correspondent in new york, sAmirA hussAin, explAins. In this plAn, the Drug MAker Purdue PhArmA will shift All of its Assets currently vAlued At Above 10 Billion into A new compAny owned by A trust thAt will Focus solely on combAting the deAdly Opioid Epidemic in AmericA, which hAs AlreAdy killed more thAn hAlf A Million people Across the country. Now the Agreement ends thousAnds of lAwsuits brought by stAte And locAl governments, hospitAls And individuAls AgAinst the PhArmAceuticAl C

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Transcripts For BBCNEWS BBC News 20240709

spending watchdog alec baldwin says he does not feel guilt over the fatal shooting of cinematographer halyna hutchins on the set of his film, rust. ifeel that, that, someone is responsible for what happened and i can t say who that is but i know it s not me. if you want to get in touch this morning, you are very welcome. @vicderbyshire victoria@bbc.co.uk thousands of people are still without power in parts of scotland and northern england, a week after storm arwen battered the uk. 15,000 properties are waiting to be reconnected in the north east and north west of england as well as the north east and south of scotland. the situation has been declared a major incident by durham county council which has called for more resources to support residents. and in scotland, the army has been drafted in to help the recovery effort in aberdeenshire. tim muffet has this report. aberdeenshire council put out an urgent request for military help. that help has now arrived. around 4000 h

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Transcripts For BBCNEWS BBC News 20240709

good afternoon. the group which represents most of the uk filling stations says the fuel situation is getting worse in london, the south east and parts of eastern england. but the petrol retailers association also says scotland, the north of england and parts of the midlands have seen what it calls a distinct improvement . the government has announced that 100 military drivers will start delivering fuel to petrol stations from monday. our business correspondent katy austin reports. there were queues to fuel again this morning in parts of southern england. this is the first time i m queuing up because my boy normally gets it for me, but today, oh, my gosh. the organisation which represents independent forecourts says the supply picture has improved in the midlands, the north of england and into scotland. no problems at all, ijust put £100 in. a few days ago it was hard but i think it s picking up. i there is a warning the situation appears to be worsening in london and the

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Transcripts For BBCNEWS World Business Report 20240709

we start here in the uk, where another two energy suppliers have gone out of business the latest victims of the crisis caused by a huge increase in the cost of gas. the firms are green supplier and avro energy, with 800,000 customers between them. all affected customers will continue to receive energy while a new supplier is appointed by the regulator ofgem. it warns more firms are set to close, potentially affecting millions of customers. bulb, the uk s sixth largest energy company with 1.7 million customers, is already looking at its financial options. our business correspondent colletta smith has the latest. two more energy firms have collapsed. as avro and green call in the administrators, that clocks up a total of six energy companies folding within the last fortnight. the industry called for help, but the government says they won t bail out suppliers in trouble. in the first instance, the industry has to look to itself and, as you said at the beginning of your questio

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