Skip to main content

tv   Business Today  BBC News  February 27, 2025 7:30am-8:02am GMT

7:30 am
and will gatwick get the green light to use its second runway on a daily basis? a decision is expected today on whether the uk's second biggest airport can spread its wings. i'm sally bundock union with new tariffs. to 25% on all eu goods entering the country claiming the bloc the eu is currently america's third largest trading partner. could hit as much as $29 billion worth of the bloc�*s exports.
7:31 am
north america business correspondent michelle fleury has the latest from new york. 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 higher than the us's own 2.5%. the european union was formed in order that's the purpose of it. and they've done a good job of it, but now i'm president.
7:32 am
imposed, but said that many trade actions would come on april the 2nd. analysts noted that the 25% figure, the same level of expectations. trump had already proposed a global reciprocal tariff and as part of that policy, he had indicated that we're what those reciprocal tariffs would look like. the uncertainty over the president's trade policy did not sit well with investors. stocks in the us came
7:33 am
off their highs of the day. president donald trump. high on the agenda will be trade and security. in the event of a peace deal. uk—us trade deal that needs to be discussed. rebecca harding is chief executive of the centre for economic security. prime minister will have to play his cards carefully i asked what the strategy might be. and starmer really needs to keep that
7:34 am
so this trip is all about uk soft power. 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. the security environment of europe directly. security guarantees, but also make sure that the us is aware that the eu and the uk are securing their
7:35 am
he's been on this message for quite some time talking that is definitely required, etc. but will he will he get any sort of leeway on that or assurances on that? this is all about laying cards on the table straightforward to calm things down a little bit and
7:36 am
because the tech giant has beaten all wall street expectations with its fourth—quarter earnings. huge demand on the 26th of january. annual revenues were also up, rising to just over $130 chinese firm deepseek may have on nvidia's future revenues. but the firm doesn't expect it to slow down, it's forecasting growth of around $15 billion for the current quarter. andrew chang, the technology director at s&p global ratings, told me why demand for nvidia's products
7:37 am
was so strong. and how they will keep up momentum. well, it shouldn't be hard to keep going, they are looking at about 65% year—on—year revenue growth stunning at this scale. it does indicate very strong demand for blackwell, but as the earlier be under pressure. but all in all, we need to take this very strong fiscal �*26,
7:38 am
what i like most about the fourth quarter numbers for including the blackwell, including the product ramp in its fastest product ramp in its history. and it shows the history. and it; shears the. , ~~— ~ ~ chain, histsry; and it; shsws tbs , ~~— ~ ~ chain, a concern bistsry; and it sbsws tbs , ~~— ~ ~ chain, a concern for supply chain, a concern for investors is largely behind so -iven so givenfthze supply chain them. so given the supply chain issue being resolved, given the stron- uuidance fséll’f sfffififi e§§§§ fig"??? 5? such as amazon, hyperscalers such as amazon, microsoft, mehta, it indicates that 25 demand for blackwell will be very strong. in that 25 demand for blackwell will be very strong.— will be very strong. in terms ofthe will be very strong. in terms of the impact _ will be very strong. in terms of the impact - have . will be very strong. in terms of the impact - have on i of the impact tariffs have on and these were in china, and these were put in place by the biden
7:39 am
administration kept there donald trump as well. by donald trump as well. this is specific to semiconductors chips. what impact do it has? think it has? ,, is negative for all? i would it is negativefor all? l would it is negativefor all? l would it is negativefor all? l would it is a negative for china say it is a negative for china in that they are unable to access like a access something like a blackwell chip. and a uv it is a negative for machine. it is a negative for china. it is a way of the us trying to slow down the growth china technology especially by china technology especially in al. given what deepseek by china technology especially in al. given given )eepseek by china technology especially in al. given given theyieek by china technology especially in al. given given they were able to develop isypnposzedly able to develop using slower chip, technology usingra slower chip. tells us that at least so it tells us that at least so far, that has not worked as the us expected and as a result we would expect the trump administration would tighten
7:40 am
= -: that will hurt china further. that will hurt china also companies like nvidia and also companies like nvidia as well. around the world and across the uk, this is bbc news.
7:41 am
to expand its operations. the airport has one operational runway with another to the north that can be used as a back—up. the details. has been granted. this is the centre of the controversy. the so—called north runway.
7:42 am
under the plans, the south runway, the operational runway would be extended 12 metres in this direction. so that taxiway will move further to the north. up to 55 flights arrive and depart here each hour, but if they are allowed to operate two runways, passenger numbers could grow by more than 35 million each year. we want to encourage that. the uk economy to grow. across the nation. but more harmful noise and emissions, too. this is quiet. 0k~ - this is constant. might impact residents. there are no guarantees
7:43 am
of what noise will be. the ramifications on the roads, the decline in air quality. what will you do if the government gives well, we will take legal action. the government's decision is expected to land before lunch. turbulence, though, is certain, with ministers balancing climate pledges with strong rhetoric around economic growth. damages both causes. almost three times as many passengers are flying out as are coming in. in 2023, was around about £41 billion. does it make sense to be blowing the carbon budget the economy struggle? the transport secretary heidi alexander knows she has a critical decision to make. whether she backs or blocks gatwick�*s expansion bid, the impact will be felt
7:44 am
across the uk. politicians, business executives, socialites and celebrities such as kim kardarshien and sophia loren is even broadcast live on austrian tv. well, it basically takes a year. planning the next ball, and it takes us almost a year we have about 48 hours is it expensive? i am assuming ticket sales sell out very quickly.
7:45 am
yeah. we have about 5,000 tickets for sale. seconds when we open the platform. and who's attending this year that we may have heard of? leni klum will be at the opera this evening. and many more people from austria and, you know, so, yeah, there will be a great mixture of business people, royalty, celebrities, austrian celebrities. and for austria, this is such a huge historic part of your culture, isn't it? it's so important. yeah, it's a wonderful evening.
7:46 am
you know, this comes with myjob. but this obviously is the most special one. and yes, i love it. for me, especially these two days before when i see that all our ideas and creativity come to life. yes, i do love it. what have you had to rescue in the past? we set up rooms literally within hours for that one night. and obviously because there's 5,000 people in the opera building, there's a huge security system behind this whole thing. needs to be checked,
7:47 am
needs to be certified. and if, for some reason, something during the fire check starts burning, we have to react instantly. remove items, bring new items. that gives you a sense of what she is organising. the opera ball. the chief executive of an event production now, if you grew up in the 90s, this might make you feel older as pokemon is turning 29 years old. the name is short for �*pocket monster�* pokemon that you catch with your friends and other players. so it wasn't an introverted activity.
7:48 am
fans also grew and now span across several generations. pokemon go is the perfect example, because you can look for pokemon in the real world. what about counterfeits and patent infringement? adventure game palworld. what are you doing about those fake pokemon? it affects our creativity, and our customers get but that's not their only challenge. centres, where they sell toys, stationery, cards, you name it.
7:49 am
for more than $5 million. translation: if the cards i are rare or seen as a vintage, their value goes up. and communicate with friends. so whatever profit we make from pokemon gets reinvested into pokemon. if we go public, we have to focus on growing our profitability, and investors might ask, "what are you going to do when the popularity of pokemon dies down?" and outanswer, willbe-.. , is no longer popular."
7:50 am
is right next to him. there you have it. the detail on pokemon. there are plenty more business stories on the website. the bbc news app. website. also the bbc news app. we are watching the decision gatoick . gatoick. aw; about gatwick, any announcements whether it about gatwick, any ann be cements whether it about gatwick, any ann be given 1ts whether it about gatwick, any ann be given permission 1ether it about gatwick, any ann be given permission to her it about gatwick, any ann be given permission to use it will be given permission to use second runway. keir the second runway. also keir starmer�*s meeting later with trump. be q’s—s’s�*sbt t'—" tats still bs ' s. ' 7 " ' ' "' "7 all ' whilst? ' " "earshot all of that on bbc news. across all of that on bbc news. do stay with us.
7:51 am
new guidance has been published aimed at improving the way the metropolitan police use their stop and search powers. the policing tactic has previously been criticised consultations with residents across london. 0ur reporter sonja jessup has more. the met police's stop and search is a vital tactic, but it's also damaged trust, particularly among black now the force is promising a new approach. cause a lot of distrust
7:52 am
within our communities. with thousands of londoners, promising officers will receive better training. supervision will be improved as well as the way 12, despite doing nothing wrong. i stopped leaving my house. being stopped and searched. it's almost two years since a highly critical report, the casey review, found the met to be institutionally racist. and search but doing it better. sonja jessop, bbc news. rough sleeping is an issue often associated with towns and cities,
7:53 am
but charities are warning that hello. hello! they hide from view, move about, but they are here in growing numbers. i worry about him. he was out in the cold all day. it was raining. now that is a sign that he might have hypothermia. alex has come to town to get some food and money. 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. you know, five years in a tent and a year—and—a—half in a hotel.
7:54 am
um, well being kicked out. yeah. and you lost out? 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. one of the main factors is regular income and enough income to privately rent a property for themselves. they like to see a contract with a0 hours on it, so that they know they are going to get their income. i feel like i'm myself again. after spending six months
7:55 am
living in a shed. oh, i would say i was getting about two hours, if that. he had been raising his four children alone when he breached his children went to family and david was made homeless. they worried about me. affected my kids as well. a few hours later, we returned to the tent homeless. homeless, yes? they did not speak much english so i used a translation app. they say they have been living in the tent
7:56 am
and they are now cold and homeless. people can hide, remain unnoticed, undocumented. michael buchanan, bbc news, cambridgeshire. now it's time for a look at the weather with carol kirkwood. hello again. the weather in the next few days is going settling things down. it doesn't mean it's going to be bone dry all the time, though. some patchy light rain. for many of us, it will be dry with sunny spells, but by night we are looking
7:57 am
at the chance of frost and also some mist and fog. we have got a few showers left across south—east england and a brisk wind as we go into the afternoon, a few showers in the north and west, some of those getting but for the bulk of the uk today, it is going to be temperatures, 7—ii degrees. through this evening and overnight, the cloud into east anglia. at a widespread frost. it may go down as low as —3 in parts of the highlands. tomorrow, high pressure still firmly in charge of our weather, still settled conditions. we will have a few showers. will be slow to lift.
7:58 am
up through the day. pick up across the north west, with one or two showers. temperatures roughly 9—10 degrees. that weather front comes in overnight friday to saturday and sinks south, bumps into the high pressure and continues to weaken, although it will bring some you might get the odd spot and a fair bit of cloud. and it will feel quite pleasant in the sunshine. and also some frost. temperatures, 8 to about 10 degrees.
7:59 am
live from london. the bbc has been told andrew and tristan tate left there, they were charged with rape, trafficking and money—laundering in romania.
8:00 am
after receiving their coffins from hamas in gaza. in makeshift camps. we'll take you to some of the locations where it was filmed. hello, i'm lucy grey. in the white house later. that should be responsible
8:01 am
for ukraine's security.
8:02 am

0 Views

info Stream Only

Uploaded by TV Archive on