tv Business Today BBC News February 27, 2025 6:30am-7:00am GMT
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rides the ai boom and beats wall street expectations with its latest earnings. runway on a daily basis? a decision is expected today on whether the uk's live from london, this is business today. looks like donald trump is about to hit the european the us president said he's the eu is currently america's third largest trading partner. according to the latest figures, trump's tariffs
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could be hit by as much as $29 billion worth of if the us imposes new tariffs. our north america business correspondent michelle donald trump warned during his first cabinet meeting that 25% tariffs on eu goods are coming soon. a number as he railed against the eu for not accepting more cars and agriculture products from america. the eu's 10% tariff on passenger cars is much to screw the united states, but the eu flatly rejected the us's criticism. in a statement, a commission spokesperson said...
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imposed, but said that many trade actions would come on april the 2nd. analysts noted that the 25% figure, the same level facing mexico and canada, was at the high end trump had already proposed a global reciprocal tariff if they actually were to go ahead and do that, that america's other major trading partners, and so the 25% that he threw out today is in line with the high end stocks in the us came
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off their highs of the day. today will be at the white house to meet us on tuesday, the prime minister announced an increase in the uk's defence spending marking a big shift the question of what will happen with ukraine in the event of a peace deal. but there is also the looming threat of tariffs and a future uk—us trade deal that needs to be discussed. i think that's right. and starmer really needs to keep that
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in other words, diplomacy. making sure that president trump actually feels like the uk is on his side, but is also prepared the security landscape in europe has changed enormously. we knew about tariffs. we knew about how he was going to threaten the security environment of europe directly. everything down, make sure that he reinforces the need for us for it, for example by
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important to the prime minister now. he's been on this message for for quite some time talking about the us backstop. that is definitely required. but will he will he get any sort of leeway i think president trump is very unlikely to give assurances. this is all about laying cards on the table at the moment, setting out the frameworks. is very important for that type of framework. it's giving a financial structure. and the key thing is to talk president trump's language. so the language is that of economics. it's that of finance. it's that of doing deals and bargains. so, so long as keir starmer keeps that type of put a european and a uk and of course a united states perspective as well.
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so make sure that this is actually the uk bringing the us and the european union closer together. rebecca harding there. there is an awful lot at stake and we have full coverage of the will have full coverage of the minister's meeting with prime minister's meeting with president trump today. editor chris mason is 7 7 theprime travelling with the prime minister. also, we will be across friday's meeting between president zelensky and president zelensky and president trump at which it is expected the two will an expected the two will sign an agreement, a deal on critical minerals that are said to be in the soil in ukraine, of great value to the us of course. also it is reported in some that on his way back newspapers that on his way back from president from washington, president zelensky will be in the uk on sunday. so an awful lot happening regards to
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happening with regards to ukraine of europe ukraine and of course europe the uk's relationship with united states. let's now concentrate on nvidia. the tech giant has beaten all wall street expectations with its fourth—quarter earnings. huge demand for its ai chips helped boost it's revenues to just on the 26th of january. rising to just over $130 billion for 2024, which is a massive 114% increase compared to a year earlier. many had been concerned about the impact growth of around $15 billion for the current quarter.
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it is remarkable. well it is. and i mean the chief executive, jensen huang, who of course was grilled after the release of the earnings he seems to be surprised at how strong the demand is going forward. yeah, i mean, this the what i liked most that is clearly the fastest product ramp in its history. and it also shows that the supply chain, demand for blackwell
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will be very, very strong. negative for all? well, i would say export well, i would say export control is certainly control is certainly a negative for china a negative for china in that they are unable in that they are unable to access the latest to access the latest and greatest and greatest like a blackwell chip, like the machine from asml in europe, for example. it is a negative for china. worked as us it is a way of us trying to slow down the growth by china technology, by china technology, especially in al. especially in al. but given what deepseek announced a month ago, given that they were supposedly able to develop their technology using the more slower using the more slower h20 chip manufactured h20 chip manufactured by nvidia, it tells us that, at least so far, that export control hasn't that export control hasn't worked as us that export control
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permission to expand today, that would continue and this north runway passenger numbers could grow by more than 35 million each year. competition is great for passengers. we want to encourage that. we want to help our region to grow, help we are going to deliver 14,000 additionaljobs, generate £1 billion a year additional revenue across the nation. it could also mean cheaper flights for passengers, but more harmful noise and emissions, too. this is quiet. 0k~ - this is constant.
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there are no guarantees of what noise will be. the ramifications on the roads, the decline in air quality. what will you do if the government gives this the green light? turbulence, though, is certain, with ministers balancing climate pledges with strong rhetoric around economic growth. dr alex chapman argues gatwick expansion damages both causes. that leads to this overall loss to the uk economy which, does it make sense to be blowing the carbon budget the economy struggle? a critical decision to make. whether she backs or blocks gatwick�*s expansion bid, the impact will be felt across the uk.
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sean dilley, bbc news, at gatwick airport. national intelligence, says she was not informed anywhere in the world. information from the fbi and said if the reports were true, the uk government's actions amounted to an "egregious violation" of us citizens�* privacy. the crypto trading platform bybit, by crowdsourcing online bounty hunters. last week, hackers believed to be from north korea's from the firm. bybit is now offering cash rewards to anyone
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who spots and prevents them from cashing out. here in the uk, the head of a new independent wales�* troubled water industry. sirjohn cunliffe, former deputy governor of the bank of england, will launch his call for evidence in manchester this morning. the review of pricing, regulation and ownership models the next five years. which includes premier league football, was costing hundreds of millions of dollars and that about half streaming experience. now, if you grew up in the �*90s, this might make you feel older as pokemon is turning 29 years
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old. cards to video games and plush toys. caught up with the boss of the pokemon company. ground—breaking, because it allowed users to exchange players. has increased to more than 1,000 today, and their for pokemon in the real world. what about counterfeits and patent infringement? you recently sued the maker of the hit survival adventure game palworld.
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of japan's three big soft powers, and the pokemon company is the only one that remains private despite its huge revenue. and super mario is one of the characters for nintendo. but pokemon is the only thing we do at the pokemon company. so whatever profit we make from pokemon gets reinvested into pokemon. profitability, and investors might ask, "what are you going to do when the popularity of pokemon dies down?" is no longer popular." i've got some questions from my kids who are big pokemon fans. the decision to retire ash, or satoshi injapanese. even though the tv camera might not be following them,
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is right next to him. no retirement for him perhaps. that is all for now. there is more on the website and plenty more on the website and bbc news app. on bbc news app. more detail on possible at bbc news app. more detail on pos and at bbc news app. more detail on pos and also at bbc news app. more detail on pos and also more at bbc news app. more detail on pos and also more on that gatwick and also more on that story as regards to pokemon. i will be back in a moment. new guidance has been published aimed at improving the way the metropolitan police use their stop and search powers. for disproportionately targeting black people. the force says the new advice was written following consultations with residents across london.
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the met police's stop and search is a vital tactic, saves lives, but if not delivered well, actually does so this is about how we deliver this power. supervision will be improved as well as the way they handle complaints. davarel gordon is among the young people who have helped write the charter. he says he's been searched more than 100 times from the age of 12, despite doing nothing wrong. it then becomes annoying, it becomes irritating.
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from the age of 15 to 16, i was in my house all the time because if i left the house, i knew i was going to end up being stopped and searched. it's almost two years since a highly critical report, sonja jessop, bbc news. homelessness in rural areas is also on the rise. the latest figures showing the scale of rough sleeping in england will be released this morning. has this report from cambridgeshire. hello. hello! in growing numbers. i can check that again in the morning.
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i worry about him. he kept rolling his trouser legs up. now that is a sign that he might have hypothermia. currently, i'm homeless and i'm looking for somewhere to live. where did you sleep last night? i slept under a staircase. he has been rough sleeping for two years. his friend jenny was also homeless. we were six and a half years. you know, five years in a tent and a year—and—a—half in a hotel. um, well being kicked out. and sister became 16, so the house got split. yeah. yeah, i lost out, yeah. they live close to the town of wisbech in cambridgeshire. jobs are often seasonal — in agriculture and low—paid — which can make keeping a home precarious. self—contained pods.
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they like to see a contract with a0 hours on it, i feel like i'm myself again. david has been here for about six weeks, after spending six months living in a shed. i had a duvet and, basically, i was laying on concrete. oh, i would say i was getting about two hours, if that. he had been raising his four children alone when he breached they worried about me. basically, my daughter kept missing classes and things like that.
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she is doing all her lessons, because she knows i am safe. so it doesn'tjust affect me, being homeless, it affected my kids as well. a few hours later, we returned to the tent homeless, yes? they did not speak much english so i used a translation app. so there is a couple in there. they don't speak much english. for about a week or so. they lost theirjob, is all i could really make out. people can hide, remain unnoticed, undocumented. less pressing, for those sleeping on england's cold and muddy fields.
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we had some fairly heavy showers, some thunderstorms, patches around too. of the uk, parts of scotland. rural areas could be down at about minus three orfourfirst thing — but for most of us, lots of blue sky from the word go. the coast of norfolk, i think. parts of northwest scotland, perhaps northern ireland too. 9—11 celsius our top temperature — so still not particularly warm, but it is just pushing through into the final day of winter on friday morning. so, friday morning, then, we've got the light winds,
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extensive first thing. colder than that in the more rural spots. across the uk on friday. that'll just start to burn away the mist and fog gradually through the course of friday morning. places could keep some fogginess right into and a bit of fairweather cloud that bubbles up during friday afternoon. but it should feel pleasant enough with those sunny spells. now, into saturday, a weather front moves in from the northwest. it tends to fizzle out as it does so, reallyjust figures across the board. here's the high pressure that sticks with us into the second
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second weather front tries to nudge its way in from the northwest, bringing a cloudier, windier sort of day across the northern isles. western isles seeing cloud increasing later in the day. for most of us, a similar day again — dry and settled, morning mist and fog clearing away. sunny spells by the afternoon, top temperatures on sunday around 10—11 celsius. bye— bye.
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live from london. live from london. this is bbc news. israel says the bodies of four hostages have been returned, as freed palestinian prisoners as freed palestinian prisoners arrive in the west bank. will spend about a week arrive in the west bank. expectation from washington expectation from washington as sir keir starmer as sir keir starmer is set to meet president donald is set to meet president donald trump today, with an agenda trump today, with an agenda focused on ukraine guarantees. focused on ukraine guarantees. thousands of forced labourers thousands of forced labourers released from scam centres released from scam centres along the thai—myanmar border along the thai—myanmar border are stranded are stranded in makeshift camps. in makeshift camps. another week, another launch —
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