of time and it is still ongoing. but the un climate conference kicks off today with a host of questions remaining about what the talks can achieve. and four years since australia's black summary of bushfire that scorched the country, some towns are now bracing for more in the years ahead. hello and welcome to asia business report with me, arunoday mukharji. we begin in the middle east this our because cop28 kicks off today in the united arab emirates. the latest round of climate talks aims to strike a deal in the next steps to tackle rising global temperatures. two years ago countries agreed to cut the amount of coal they burned but

amount of coal they burned but a commitment on oil and gas use remains elusive. at the same time a meeting is also due to take those between the biggest oil producers and their allies, collectively known as opec plus of which the host, uae is a member. against that backdrop i have been speaking to david schlossberg, director of the sydney environment institute to remain sceptical about the of this year's climate talks. i think there are two clear problems. the first is the capture of the process by the fossil fuel industry and the second is the process itself. that is just the way it works. it means that petro states or countries that would captured by the fossil fuel industry can object to language and undermine real and strong changes. on the power of the fossil fuel industry, for this meeting we may be disappointed. we have the head of an oil state company setting the agenda and to me, that isjust

an illustration of capture. he says it will be good to have the fossil fuel industry at the table but the reality is that they have always been there. some, including some of the ngo community want to be cautiously optimistic and i am just cautious. i would optimistic and i am just cautious. iwould be optimistic and i am just cautious. i would be thrilled to be proven wrong with an agreement that deals with fossil fuel of element but i am doubtful. ijust don't fossil fuel of element but i am doubtful. i just don't think cop28 will address the power of the fossil fuel industry or address the injustice of the impact. this is the other political background, the ongoing human and ecological damage from extraction, the health impact�*s, the vast inequity of the impact of climate change on the most vulnerable and ijust do not think we will see much in the way of discussion there. lastly the other political issue or political theatre that we often see here and i think we will see here and i think we will see this again is the contradiction, call contradiction, call contradiction, or hypocrisy of

nations at the us and australia who will do everything they can to highlight their internal electrification and renewal bull transitions and investment that they have but at the same time they hide or not talk about all the new fossil fuel projects they develop. the us pumps more oil than ever, australia exports more coil that make coal than ever and that make coal than ever and that needs to be addressed. fine that needs to be addressed. one ofthe that needs to be addressed. one of the most _ that needs to be addressed. one of the most visible _ that needs to be addressed. one of the most visible impacts of climate change is more frequent and severe natural disasters. one of the worst ones to get australia happened four years ago in what was called a black summer bushfire. in one fire hit region, the community is recovering from blazes of 2019 - 2020 but recovering from blazes of 2019 — 2020 but is also preparing for dangerous conditions in the years to come. phil mercer reports from bilpin in new south wales. the size of the united kingdom was

destroyed in the fires. in bilpin, north—west of sydney, much of simon's orchard was ruined. i neverseen much of simon's orchard was ruined. i never seen anything like it. he has rebuilt and replanted but believes the fires will return. we replanted but believes the fires will return.— replanted but believes the fires will return. we have been here 40 years _ fires will return. we have been here 40 years and _ fires will return. we have been here 40 years and had - fires will return. we have been here 40 years and had four- fires will return. we have been here 40 years and had four or| here 40 years and had four or five different majorfire five different major fire events. and it will happen again. of what people say what happened, we will get major fires here. pm happened, we will get ma'or fires head fires here. an enquiry found that climate _ fires here. an enquiry found that climate change - fires here. an enquiry found that climate change had - fires here. an enquiry found l that climate change had made the blazes of 2019—20 more extreme. modern australia had never seen such ferocity. this really scared _ never seen such ferocity. this really scared me. _ never seen such ferocity. this really scared me. it _ never seen such ferocity. this really scared me. it gave - really scared me. it gave australia a huge wake—up call onjust how australia a huge wake—up call on just how susceptible we are and how dangerous things can be. ., , ., , be. the memories of the fires are still fresh _ be. the memories of the fires are still fresh in _ be. the memories of the fires are still fresh in this - be. the memories of the fires are still fresh in this part - be. the memories of the fires are still fresh in this part of. are still fresh in this part of the blue mountains. people remember the fear and the panic they felt during that terrible time. here in bilpin there is

an unmistakable sense of renewable and determination to rebuild. the flames or through bilpin came from a strategic back bone that went badly wrong. it was lit deliberately by emergency crews to try and stop the advance of another major outbreak stop line or bucket holiday cabins and his fireproof home were involved but survived. we fireproof home were involved but survived.— but survived. we put in new water systems _ but survived. we put in new water systems and - but survived. we put in new water systems and massive | but survived. we put in new- water systems and massive water storage with big heavy mains lines that can turn sprinklers on on everything. if you have the water you can save yourself from the fire. climate change means it happens more often. it used to happen every 10—20 years now it is may be more likely to be every six or seven years. likely to be every six or seven ears. ., y . , years. for years, conservationists | years. for years, - conservationists have said years. for years, _ conservationists have said that warming temperatures were

making australia more vulnerable to natural disasters.— vulnerable to natural disasters. �* ,, . disasters. black summer was a landmark in — disasters. black summer was a landmark in australian's - landmark in australian's understanding that climate change is notjust a future problem it is here and now and harming our communities. australia plans to reach net zero emissions by 2050. in fire prone communities there is a determination to be better prepared for the next onslaught, whenever it may come. phil mercer, bbc news in bilpin new south wales. factory activity in china contracted again for the month of november based on government data that has just come out. purchasing manager indices are closely watched for signals of current and future business conditions and future business conditions and china's manufacturing activity unexpected delete shrank in october in the country's economy is facing a swamp and unemployment has affected consumer spending as well. we will have more on that ahead on asia business report.

let's take you now to india where it is due to report later today its economic both figures for the three months to the end of september. its gdp is expected to have eased to about 6.8% for the period, down from 7.8% in the previous quarter. our correspondent has more from mumbai. ,, ., our correspondent has more from mumbai. ,, . ., , . mumbai. severalfactors are likel to mumbai. severalfactors are likely to have _ mumbai. severalfactors are likely to have contributed i mumbai. severalfactors are likely to have contributed toj likely to have contributed to the slight moderation in growth in india. including lower rural demand and an erratic monsoon hitting farm activity and high food inflation keeping spending in check. it expected growth would still be enviable for most other countries. solid construction activity in government spending on big infrastructure projects like roadbuilding are likely to contribute positively to gdp figures. consumer demand for goods and services also remains strong in india and is likely

to improve further as food inflation has begun moderating. rate cuts by the central bank of unlikely to come through before the beginning of the next financial year as overall prices are still elevated. for the year as a whole india is expect to clock around 6.5% growth which will make it the fastest growing economy in the world. ., ., fastest growing economy in the world. , . ., world. footballer cristiano ronaldo is _ world. footballer cristiano ronaldo is facing - world. footballer cristiano ronaldo is facing a - ronaldo is facing a class—action lawsuit in the united states over his promotion of the largest crypto currency exchange in the world, binance. the plaintiffs claim that his endorsement lead led them to make losses. the crypto industry appetite _ them to make losses. the crypto industry appetite for _ them to make losses. the crypto industry appetite for salinity - industry appetite for salinity partnerships is well documented. now many a listers who got in on the act are caught up in the sector's troubles. the latest is the world—renowned footballer cristiano ronaldo. last

november, he and the three announced a multi—year partnership to introduce his fans to the world of an ft, starting with the launch of the cr seven collection. an f tees are non— fungible tokens, virtual assets that can bought and sold. they do not exist physically, only digitally. in the lawsuit plaintiffs claim that his endorsement lead them to make loss—making investments. they want at least $1 billion in damages. the action comes one week after finance agreed to pay $4.3 billion to settle a us criminal case where it failed to prevent money laundering and sanctions violations. ., u, violations. together we can exchange — violations. together we can exchange the _ violations. together we can exchange the world. - violations. together we can | exchange the world. rinaldo violations. together we can - exchange the world. rinaldo was not the first _ exchange the world. rinaldo was not the first celebrity _ exchange the world. rinaldo was not the first celebrity to - exchange the world. rinaldo was not the first celebrity to be - not the first celebrity to be sued for promoting crypto currency related products. tom brady and larry david are

facing lawsuits for ftx. i don't think so. major—league baseball, formula 1 and mercedes—benz are also being sued over f tx stop despite the dismal track record it will not stop celebrity endorsements. just this week cristiano ronaldo teased on social media that he was cooking something up that he was cooking something up with binance.— up with binance. another well-known _ up with binance. another well-known figure - up with binance. anotherl well-known figure making well—known figure making headlines this morning is elon musk stop he has taken aim at advertisers who threatened to leave his social media played form, but acts, formerly known as twitter. he is known for frequent and irreverent comments and has accused advertisers of trying to blackmail him. the loss of tesla in recent weeks has promoted what the white house has called anti—semitic and racist haze that make hate on x, and act for which mr musk has apologised but that has led to companies like disney and apple suspending their ad campaigns. it is all for the

moment but stay with us on bbc news. voice-over: bbc news, - bringing you different stories from across the uk. this was the scene in mold just last month as storm babet swept across wales. but what can be done to protect properties like this from flooding? these defences are part of a former impound project in ammanford, a town classed as a flood high risk area. the hope is these walls will contain the water within the river loughor nearby and help save hundreds of householders from the heart ache of flooding. currently there are about 223 properties at risk of flooding during a 1 in 100 flood event and is predicted to increase to over 380 with climate change over the next hundred years. the effects of flooding can be devastating. this animal sanctuary near trimsaran is close to the river gwendraeth and regularly blighted by flooding. injanuary, they had

to take one of their dogs for chemotherapy by boat. it's intolerable. i had to put my elderly mother in a boat to get her home a few weeks ago. push her through the water. i've had to put dogs in the boat to get them up to the car to go to the vet. it is just an absolute living hell. moving is not an option for this woman. she says she is trapped. voice-over: for more - stories from across the uk, head to the bbc news website. hello there. i am ella swiftly catch up. tonight, beyonce and a skin lightening debate, albums turning 40 and a volcano erupteds. gymnastic coaches are no longer able to weigh gymnasts under the age of ten because of new rules designed to stop harmful practices which

british gymnastics say are on the fringes of abuse. those aged between ten and 18 can only be weighed with consent and also there are new rules about kids missing school for gymnastics training. something which the only genus to bring a civil case against gymnastics has been highlighting on radio 5 live. has been highlighting on radio 5live. , ., , has been highlighting on radio 5live. , . ,., 5 live. those years are crucial. _ 5 live. those years are crucial, there - 5 live. those years are crucial, there are - 5 live. those years are crucial, there are a - 5 live. those years are crucial, there are a lotj 5 live. those years are i crucial, there are a lot of gymnasts training between, being taken out of school from the ages of 12—16 who are not going to make it to european championship or world championship level. other stories now. _ championship level. other stories now. beyonce's - championship level. other - stories now. beyonce's mother has called out fans who suggested the singer lightened her skin for the premiere of her skin for the premiere of her renaissance film. tina knowles defended her daughter and said the comments were racist in a long instagram post. the world is best compilation album, like a mix tape of popular songs, that's what i call music, is celebrating its 40th birthday.

in the days before playlist and streaming services are games fans instant access to the biggest hits in one place. ask your mum and dad. time to leave your mum and dad. time to leave you now with ten seconds of an explosive eruption because this volcano in japan explosive eruption because this volcano injapan is spewing loads of ash and sent rocks into the sea to a height of 200 metres. you are all caught up. bye for now.

hello. i am olly foster. this is what is coming up to you on sportsday. manchester united throw it away in istanbul, reaching the last 16 in the champions league is out of their hands. taking a break from england, owen farrell says he has to prioritise his and his family's mental well—being. and british gymnastics introduces new safeguarding rules to protect young athletes.