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BBCNEWS Verified July 4, 2024

Customers what does it mean for their customers and this was originally a uk lifestyle brand, so what does it mean for the employees in the uk . ﬁgs mean for the employees in the uk . Sis you mean for the employees in the uk . Is you say it is a turn for a company that started specialising in menswear in the 19805 and now has grown nearly 50 stores and nearly a thousand employees. They sell online and operate within department stores. Under conditions like this it would be reasonable to expect that a sale could result in job losses even into the hundreds and they did not indicate what that could look like but we heard from the chief strategy and transition officer for authentic and he said hopefully some consolidation at the brand and it will still be Available Online and in store spot for employees and stakeholders, he said we wish there could have been a better outcome but for employees. Authentic brands group is the owner o ....

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BBCNEWS Verified July 4, 2024

Restrictions on getting aid in may amount to use of starvation as a method of war. In a phone call, President Biden told the israeli Prime Minister of his deep concerns over a planned assault on rafah, in southern gaza. But Benjamin Netyanyahu has just said theres no way to destroy hamas in rafah other than by a ground incursion. All this as talks continue in qatar in a bid to secure a ceasefire deal. Lets get this report from anna foster, injerusalem. At gazas southern tip, the aftermath of another israeli air strike. 1. 4 million displaced people are now sheltering in rafah and israel has made it clear it wants to go further. A ground offensive, it says, would remove hamas from gaza entirely. But theres International Pressure to avoid even more death ....

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BBCNEWS World Business Report July 6, 2024

trouble in the valley? financial stocks slump as investors move to withdraw their deposits from silicon valley bank, a key lender to start ups. and the uk grows more healthily than expected injanuary but the government warns there s still a long way to go to restore stability. welcome to world business report, i m tadhg enright. we start in the us with a story causing some worries on financial markets. silicon valley bank has been trying to reassure its clients their money is safe after a 60 per cent collapse in its share price since wednesday. svb has been a key lender to many tech start ups the likes of airbnb and linkedin but questions have been raised about its financial health after it launched a huge share sale to raise money. joao da silva has the details. svb dropped massively overnight as the bank revealed it lost $1.8 billion and the folio of securities valued at around $21 billion. as a result of those losses, the bank was forced to rage cash by a huge sh ....

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BBCNEWS World Business Report July 7, 2024

week for big tech. plus a pre halloween treat as the us economy returns to growth. but inflation s still a nightmare for president biden with midterm elections looming. we start with the world s richest man: billionaire boss of tesla space entrepreneur and now the new owner of twitter. elon musk has now closed his $41; billion takeover of the social media giant ahead of a 5pm deadline set by a us court. and he has moved quickly to sack the company s senior management. it brings to an end a six month long and often bad tempered takeover battle that has raised some big questions about the future of the company. from san francisco here s our technology correspondent james clayton. when elon musk had an offer to buy a twitter accepted in april, he could barely conceal his excitement. but that initial enthusiasm soon began to wane. tech stocks were plummeting and many wondered whether he d paid too much for twitter. mr musk also claimed that twitter was filled with ....

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BBCNEWS BBC News July 7, 2024

is a global challenge which we will continue to work with other countries in order to make that change on global warming. arsenal player pablo mari is among several injured in a stabbing in italy which left one person dead and in sweden, resesarchers say they re close to completing the first crash test dummy based on an average woman. space probes have witnessed a big impact crater being formed on mars the largest in the solar system ever caught in the act of excavation. hello and welcome if you re watching in the uk or around the world. the world s richest man, elon musk, has completed his long running £38 billion takeover of the social media company, twitter. the entrepreuner tweeted the bird is freed, in an apparent reference to the deal closing. mr musk also posted a longer statement on twitter, saying he didn t buy the firm to make more money. i did it to try to help humanity, whom i love . there are reports that a number of senior executives have been sac ....

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