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Transcripts For BBCNEWS Asia 20240702



employers are growing more cautious, putting off hiring. employees are sticking around longer. one caveat we could see some distortion to the numbers. the auto and actor strikes both ended in november with many returning to work that same month. plus, the end of the year is when many seasonal workers get taken on. now, america s central bank, the federal reserve, will be watching closely. that s because slowerjob growth and wage gains will fuel expectations that the fed will leave rates on hold. rates have risen to above 5% from nearly zero since march of last year as it wrestles to bring down inflation. the jobs report is the last significant piece of economic data before the us central bank s rate setting meeting next week. now, we should note that despite expectations for a slowdown, america s labour market remains strong by historical standards. still, if economists frequently use the word resilience to talk about the economy in 2023, they may be looking for a new ....

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Transcripts For BBCNEWS World 20240702



the full effect of higher rates has yet to be felt but households and businesses are coping. for now. plus ripe for transformation. how developments in al are starting to bear fruit in the push for more sustainable agriculture. we are looking at the top business stories. we start in beijing where china s president, xijinping is hosting european union leaders for their first in person summit meeting since 2019. and there is one huge number that is looming over the talks. 400 billion euros. that s roughly the size of china s trade surplus with the eu the difference between what they sell to europe, and what europe sells to china. european commission president ursula von der leyen says it s because of china s unfair support for its industries which means its products are flooding global markets and threaten to undermine europe s industrial base. china says the complaint doesn t make sense when the eu stops it from buying certain sensitive technology such as advan ....

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Transcripts For BBCNEWS Asia 20240702



will hurt the economy and credit markets. the rule would have predictable and harmful outcomes to the economy, markets, business of all sizes and american households in ways that the federal reserve has not studied, contemplated or shared. the hearing is part of the senate banking committee s annual oversight of big banks and what a year it s been. regional bank failures, including silicon valley bank and signature bank, dominated the early part of the year. the ceo said wednesday that the industry is on steady footing and that large banks like theirs helped stabilize the industry after early 2023 s failures. the hearing is an opportunity to win favour on capitol hill, especially from moderate democratic senators. but the real audience is the regulators responsible for the final language and implementation of the rule. google has hailed another era in artificial intelligence. gemini has advanced to reasoning capabilities and in its own words, think more carefully. it is ....

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Transcripts For BBCNEWS Asia 20240702



the rule would have predictable and harmful outcomes to the economy, markets, business of all sizes and american households in ways that the federal reserve has not studied, contemplated or shared. the hearing is part of the senate banking committee s annual oversight of big banks and what a year it s been. regional bank failures, including silicon valley bank and signature bank, dominated the early part of the year. the ceo said wednesday that the industry is on steady footing and that large banks like theirs helped stabilize the industry after early 2023 s failures. the hearing is an opportunity to win favour on capitol hill, especially from moderate democratic senators. but the real audience is the regulators responsible for the final language and implementation of the rule. google has hailed another error in artificial intelligence. gemini has advanced to reasoning capabilities and in its own words, think more carefully. it is an upgrade two the existing ai chat bot ....

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Transcripts For BBCNEWS Sunday with Laura Kuenssberg 20240702

dems. another big contest, the football of course. will you have time to watch england slovakia tonight? henge course. will you have time to watch england- slovakia tonight?- england- slovakia tonight? have it on in the background, england- slovakia tonight? have it on in the background, do - england- slovakia tonight? have it on in the background, do e-mailsl on in the background, do e mails that the same time. figs on in the background, do e-mails that the same time. that the same time. as a proud scott, that the same time. as a proud scott. who that the same time. as a proud scott, who will that the same time. as a proud scott, who will you that the same time. as a proud scott, who will you be - that the same time. as a proud . scott, who will you be supporting? of course i want england to do well. and we ll chat to stephen flynn, the westminster leader of the snp. what s the state of the race? professor sirjohn curtice will give his 60 seconds on sunday. rishi s ....

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