5 Things You Need To Know, Today, on Tuesday 25th October 2022
Episode 978, Oct 25, 2022, 05:59 AM
5 Things You Need To Know, Today, on Tuesday 25th October 2022
5. Two Chinese nationals have been charged with paying thousands of dollars in cash and jewellery to obstruct a federal investigation into a major telecommunications company.
According to prosecutors, the two men attempted to recruit a US law enforcement official as an intelligence asset to help interfere with the probe.
(Click here to read more)
4. Off the coasts of Spain, Portugal, the UK and other European nations lie dozens of giant ships packed full of liquefied natural gas (LNG).
The original target was to fill european storage facilities to 80% of their total capacity by 1 November. That target has been met, and exceeded, far ahead of schedule. The latest data suggests storage is now at nearly 95% in total.
(Click here to read more)
3. Shares of Chinese firms listed in the US have slumped on concerns that President Xi Jinping will continue with his ideology-driven approach at the cost of economic growth.
Chinese technology giants Alibaba and Baidu fell by over 12% in New York.
(Click here to read more)
2. British businesses are suffering their worst month since January 2021, when they were under a COVID-19 lockdown, as the country's political upheavals compound concerns about inflation and rising interest rates.
The Global flash Composite Purchasing Managers' Index (PMI) showed a contraction in activity for a third month in a row, sinking to a 21-month low of 47.2 from September's 49.1 and signalling Britain's economy could be on course for a potentially deep recession.
(Click here to read more)
1. Rishi Sunak will officially become prime minister this morning after winning the Conservative Party leadership contest.
He will travel to Buckingham Palace to meet King Charles before entering No 10 as the UK's first British Asian PM.
(Click here to read more)
5. Two Chinese nationals have been charged with paying thousands of dollars in cash and jewellery to obstruct a federal investigation into a major telecommunications company.
According to prosecutors, the two men attempted to recruit a US law enforcement official as an intelligence asset to help interfere with the probe.
(Click here to read more)
4. Off the coasts of Spain, Portugal, the UK and other European nations lie dozens of giant ships packed full of liquefied natural gas (LNG).
The original target was to fill european storage facilities to 80% of their total capacity by 1 November. That target has been met, and exceeded, far ahead of schedule. The latest data suggests storage is now at nearly 95% in total.
(Click here to read more)
3. Shares of Chinese firms listed in the US have slumped on concerns that President Xi Jinping will continue with his ideology-driven approach at the cost of economic growth.
Chinese technology giants Alibaba and Baidu fell by over 12% in New York.
(Click here to read more)
2. British businesses are suffering their worst month since January 2021, when they were under a COVID-19 lockdown, as the country's political upheavals compound concerns about inflation and rising interest rates.
The Global flash Composite Purchasing Managers' Index (PMI) showed a contraction in activity for a third month in a row, sinking to a 21-month low of 47.2 from September's 49.1 and signalling Britain's economy could be on course for a potentially deep recession.
(Click here to read more)
1. Rishi Sunak will officially become prime minister this morning after winning the Conservative Party leadership contest.
He will travel to Buckingham Palace to meet King Charles before entering No 10 as the UK's first British Asian PM.
(Click here to read more)