Now playing Next Business Mexican billionaire buys major stake in BT as new strategy takes hold Carlos Slim who is Latin America's richest man has disclosed a 3.2% stake in the FTSE 100 company, making him one of its largest shareholders. With the purchase by Slim's family business, Inbursa, he becomes the latest high profile investor in the telecoms group. 13/06/2024
Now playing Next Culture news Can Hollywood’s A-lister support make a difference for Joe Biden? From Robert De Niro to Spielberg, via George Clooney and Julia Roberts, many Hollywood A-listers are lending their star power to politics. But can these celebrity supporters determine votes? And could Taylor Swift's Biden endorsement change things? 13/06/2024
Now playing Next Markets Fed rate decision: European stock markets recoup most of earlier falls European stock markets recoup most of their losses from earlier in the week following the release of US CPI data. Regional markets opened lower despite the Fed’s rate decision propelling Wall Street to all-time highs overnight. 13/06/2024
Now playing Next Space 'Internet beyond clouds': ESA looking at building satellite network The European Space Agency (ESA) is studying how to build a spoof-proof mega-constellation of satellites to deliver "4K video in your pocket" broadband. 13/06/2024
Now playing Next Experiences El Camino de Santiago alternatives that are cheaper and quieter Already feeling the heat in Europe? Plan an autumn hike along these quiet alternatives to the Camino. 13/06/2024
Now playing Next Markets Fed holds US interest rate steady with just one possible cut this year The policymakers' forecast for one rate cut was down from a previous forecast of three, because inflation, having cooled in the past two months, remains persistently high. 12/06/2024
Now playing Next Russia Moscow stock exchange stops trading in dollars and euros The sanctions come as G7 leaders are preparing to gather soon in Italy for a summit where the top priorities will be boosting support for Ukraine and grinding down Russia’s war machine. 12/06/2024
Now playing Next Green News Can the world agree on climate finance before COP29? Countries are set to make a new commitment on climate finance at the UN climate conference in November this year. 12/06/2024
Now playing Next Affiliate content What employers can do to make your summer less stressful Partner content presented by Jobbio The summer season can add to workplace woes for parents and those with caring responsibilities. 12/06/2024
Now playing Next Markets European stocks, single currency rally as US inflation cools European assets surged on Wednesday following a lower-than-expected inflation report in the United States, brightening the outlook for potential Federal Reserve interest rate cuts this year. 12/06/2024
Now playing Next Climate Euroviews. G7 still has an opportunity to make good on its energy pledge The G7 must set an example and build momentum for raised ambition and action worldwide – failure to do so risks undermining our collective energy security, economic development, and attainment of the global 2030 goals, Damilola Ogunbiyi writes. 12/06/2024
Now playing Next Radio Schuman Will French right wing form an Italian-style alliance? On Tuesday, the Chairman of Les Républicains, Eric Ciotti, announced an alliance between his party and the far-right Rassemblement National, led by Marine Le Pen and Jordan Bardella, ahead of parliamentary elections in France. 12/06/2024
Now playing Next Business Will far-right surge in Europe pressure renewable energy stocks? The surging power of far-right factions in the EU Parliament may place the renewable energy sector under significant pressure. Major French green energy stocks have already declined amid the electoral upheaval. 12/06/2024
Now playing Next Business Planet 'I start from a big, red alarm' - Enrico Letta urges radical EU single market shake-up In partnership with The European Commission The EU's single market is based on free movement of goods, services, capital and people. Ex Italian PM and author of a report into the single market, Enrico Letta argues a 5th freedom - encompassing research, education and innovation - is vital for Europe's future prosperity. 11/06/2024
Now playing Next Culture news UK music festivals continue to lag on gender representation New research shows that on average this year at UK music festivals, 63% of acts are male artists or all-male bands, compared to just 21% of female solo artists or bands. 11/06/2024
Now playing Next No Comment Medical supplies being transferred in the Gaza Strip Footage has been released by the World Health Organisation showing the delivery of supplies to two hospitals in northern Gaza 11/06/2024
Now playing Next Europe News PM Meloni aims to shape EU politics after election triumph Prime Minister Giorgia Meloni’s far-right party Fratelli d'Italia led the Sunday results with a strong 28% of the votes, boosting her leadership at home and consolidating her kingmaker role in Europe. 11/06/2024