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Transcripts For BBCNEWS Business Briefing 20240714

We start with the falling cost of borrowing, because the worlds most powerful central bank, the us Federal Reserve, has cut Interest Rates again. The fed has lowered the range for its main Interest Rate by a quarter of a percent to between 1. 75 and 2 . President trump has been pushing for the fed to cut rates to boost a slowing economy and weaken the dollar to help us exporters. So was he happy . Far from it. Heres what he had to say on twitter. The bbcs Samira Hussain was in washington for the fed meeting and sent us this. The Federal Reserve did what most people expected it to made a small cut to us Interest Rates. Why . Well, although
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Huawei Gaming Console Rumored to Take on PlayStation, Xbox—Would it Be Good Enough?

10 February 2021, 10:26 pm EST By
Huawei is surrounded by a growing rumor suggesting the company is planning to do a gaming console that would compete against industry giants, PlayStation and Xbox. Gaming is a massive industry that is different from the consumer technology that Huawei was used to and has developed over the years.
(Photo : Discovr via YouTube)
Huawei
The popular Chinese technology manufacturer, Huawei, would be venturing into the gaming community and industry as it plans to release a gaming laptop this year and would be the first release of the company in gaming.
Huawei is popular for its reliable and top-notch smart devices that were initially favored by fans and enthusiasts among its competitors, Apple s iPhone, and Samsung s Galaxy Android devices. However, the company s growth in the country was stopped because of the Entity List ban by the US government that initially suspected them of Chinese spies. ....

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