fascinating snapshot of business. we will start with the economy, where it recorded a growth of 0.01%. they fell by 0.8%, underscoring the impact of the ongoing strikes on the cost of living crisis. hardly booming, but a far cry from the record breaking recession that the bank of england was protecting six months ago. on thursday, they announce a major rethink of its forecast, said the uk will avoid going into recession. the bank also raised its main interest rate again by .25%, but is why it sets. it is the 12th right in a row and puts the cost of borrowing at around a 15 year high. areal cost of borrowing at around a 15 year high. area i spoke to stephen nolan, a lecturer at liverpool in economics, and asked him why the uk is lagging behind the other common needs. . . , is lagging behind the other common needs. . ., , ., needs. there are a number of factors, needs. there are a number of factors. but needs. there are a number of factors, but when needs. there are a numbe
As a model of peaceful co existence. What does he want from the visit . Good morning and thank you for the invite. The Chinese Administration has a twofold agenda. Normalising the relationship with europe. Europe has lodged a sequence of blow with china and some practices of trade. And on the political side, with the ukraine and russia block and the European Countries are, lets say, quite upset by the fact that now some companies in china are supporting. , Russian Companies are supporting the russian war effort and this is clearly a problem. The second thing is clearly the huge and massive Trade Imbalance between europe and china which is something that the french president as pointed out as something that needs to be dealt with in the short term. figs needs to be dealt with in the short term short term. As we were mentioning short term. As we were mentioning and short term. As we were mentioning and you short term. As we were mentioning and you alluded to that, several European Count
stores and selling more phones. it overtook apple as the second most popular smartphone maker in china during the first quarter of the year the company s iphone sales rose 52% compared to a year ago. it s according to data from a research company affiliated with the chinese government. that entity, the titan democrat doesn t track apple specifically. instead it measures the increase in foreign branded shipments. but in the foreign branded game, apple is the main player. and apple is the main player. and apple could see more gains from may it s been discounting select models which could lead to more sales. openai has formed a new safety committee responsible for evaluating its artificial intelligence models. the oversight teams first task will be to assess openai s current safety practices over the next 90 days, before giving their recommendations to the board. once the board has reviewed the findings, openai will share them publicly. all this comes as the company begins
it overtook apple as the second most popular smartphone maker in china during the first quarter of the year. but now, apple has reason to celebrate. the company s chinese iphone sales rose 52%, compared to a year ago. that s according to data from a research company affiliated with the chinese government. that entity doesn t track apple specifically. instead, it measures the increase in foreign branded shipments. but in the foreign branded game, apple is the main player. and apple could see more gains from may it s been discounting select models which could lead to more sales. staying with technology nvidia s momentum continues, with its stockjumping 7% to hit another record high on tuesday. the chip maker and leader in the artificial intelligence space is now valued at $2.8 trillion. it is currently wall street s third most valuable company, behind microsoft and apple. this year alone nvidia has seen its share price double. tuesday s jump also helped propel the tech heav