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Transcripts For BBCNEWS BBC News 20240815

Minister warned other countries in the Middle East to not undermine ongoing efforts to reach a deal. Diplomacy is being stepped up in the region to prevent a wider war between israel and lebanese armed group hezbollah, which is backed by iran. Tensions have soared following killing last month of hamas political leader Ismail Haniyeh during a visit to tehran. Israel has never confirmed it was behind the assassination. From jerusalem, our middle East Correspondent Lucy williamson reports on the impacts of war in gaza. And a Warning Viewers may find some of the content of her report to be upsetting. In gaza, peace is for the dead, not the living not for faras and his five siblings, Laying Theirfather to rest today in khan younis. Majid baraka was killed in israeli artillery strikes, they said, as he went to help the wounded. We were just sitting around, faras said, he was playing with us. When the first strike happened, he went to rescue people. In the second strike, he was killed. But th

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Transcripts For BBCNEWS Business Today 20240808

And unilever along with the World Federation of advertisers, colluded to suppress conservative voices and withhold billions of dollars in Advertising Revenue from the platform formerly known as twitter. Xs ceo linda yaccarino, who was hired in part because of her strength in dealing with advertisers in her previous job, announced the lawsuit. I was shocked by the evidence uncovered by The Housejudiciary Committee that a group of companies organised a systematic illegal boycott against x. It is just wrong and that is why we are taking action. Most Social Media companies provide their services to users for free, relying on ad dollars to be profitable. In its filing, the company says that back in 2022, 90 of its revenue came from advertising. Today, most of it is from small and medium sized companies that arent members of this group, adding that this has reduced its revenues and ability to invest in its products, harming users of the site. Professor Rebecca Hall allensworth, who is an Ant

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Transcripts For BBCNEWS Business Today 20240807

Of the unwinding has been done. It depends on the nature of what happens from here on out. There are trades in the market, its been the funding currency. If they are mortgage ule, now we know what the b0] has done and i think the markets can better absorb perhaps any further unwinding. If theres a change to that Yield Differential between the us and japan, that could park panic selling. That could stir markets up. So, still a bit dicey in the markets. Good to see stability return. Still a number of unknowns in terms of the economic fortunes or otherwise of the us moving ahead and what actions the federal reserve may do on the Interest Rate front. So, a number of uncertainty parts, the market has to deal with that. ,. , the market has to deal with that. ,. , that. Do you any the fed will be swayd . That. Do you any the fed will be swayd . Its that. Do you any the fed will be swayd . Its been that. Do you any the fed will be swayd . Its been a that. Do you any the fed will. Be swayd . It

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Transcripts For BBCNEWS Business Today 20240807

Meeting. I think there was a market overreaction. Markets are pricing in as many as 100 Basis Points of cuts between now and year end. Theres quite a lot of positioning based on an expected dovish Monetary Policy from here to year end. I think they will want to reassure investors that things are going according to plan. The economy is slowing which is, thats the design of the higher Interest Rate to bring inflation down. We could see hopefully a moderating influence by the federal reserve come september. Airbnb reported weaker than expected earnings from April Tojune amid flowing demand in the us. The outlook for the quarter is not much better. They expect to see shorter booking windows. That suggests travellers are waiting to the last minute to book. Shares fell. Ride Sharing Giant Uber reported strong earnings April Tojune. Steady demand coupled with strength in markets like Latin America and here in the Asia Pacific helped drag the solid result. Uber S Stock was up 5 on wall street.

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Transcripts For BBCNEWS Business Today 20240807

Bulk of been done it depends on the nature of what happens from here and out. There are still trades in the market for that there has been their ordinary trading currencies with up if they are more gradual in nature now that we know what the doj has done i think the markets can better absorb any further unwinding for them if theres a change to that Yield Differential Pressure between the us and japan, back at spock a bit more of that panic selling. Thats what could potentially stir markets up. Still dicey in the market, good to see some stability return. Still a number of unknowns in terms of the economic fortunes of the us moving ahead and the actions of Federal Reserve may do on the Interest Rate in the coming months. A number of uncertainties that the markets have to deal with for the time being. D0 have to deal with for the time beinu. , have to deal with for the time beinu. ~ being. Do you think the fed will be swift . Being. Do you think the fed will be swift . Its being. Do you

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