�* nine back in to get that max nine back in the air. �* , w w to get that max nine back in the air. �* , . . , , to get that max nine back in the air. ~ , . . , , ., the air. australia struggles to roceed the air. australia struggles to proceed citizens _ the air. australia struggles to proceed citizens to _ the air. australia struggles to proceed citizens to choose i proceed citizens to choose green vehicles over gas guzzling alternatives. hello and welcome to asia business report. i am steve life. the federal aviation administration in the us as it will not allow boeing to expand production of the 737 max strus. almost 200 jets have been grounded after a cabin panel who are on a plane while in the air. the faa did however say the max nine, the plane involved, could return to service after inspections. noted ellyse has it been given the go—ahead to get its plans backin the go—ahead to get its plans back in the air. this is after the boeing boss faced questions from us lawmakers over that midair incident as aaron bilimoria explains. the boss of boeing david cowherd said he understood the seriousness of the safety questions facing the company as he was on his way to meet with us senators

wednesday.— meet with us senators wednesday. meet with us senators wednesda . ~ , ., wednesday. we believe in our aemplanes- — wednesday. we believe in our aeroplanes. we _ wednesday. we believe in our aeroplanes. we feel _ wednesday. we believe in our aeroplanes. we feel they - wednesday. we believe in our aeroplanes. we feel they are l aeroplanes. we feel they are safe and our people do, we have confidence in the safety of our plans. confidence in the safety of our lans. ,., confidence in the safety of our . lans, , ., , plans. the embattled ceo is t in: to plans. the embattled ceo is trying to reassure _ plans. the embattled ceo is trying to reassure airlines, l trying to reassure airlines, regulators and passengers after any catastrophic alaska airlines incident earlier this month. it's a cabin panel blow up month. it's a cabin panel blow up a brand—new 737 max line judge. since then about 171 max ninejets have been grounded. he did not comment on an anonymous report online by someone claiming to work at boeing calling the aircraft production process a rambling, shambling disaster waiting to happen. this week united airlines ceo scott kirby called the max nine granting the straw that broke the camel's vaccine united is considering fleet plans that include the latest 737 max ten model bow bowing. in that airlines have around two—thirds of all boeing max nines and flight airlines have around two—thirds of all boeing max nines in—flight annie last caregroup reports fourth—quarter earnings

thursday. meanwhile boeing has delivered a 737 max to china. it marks the end of an almost five year freeze. it represents a bit of confidence to the us playmaker and a time of increased scrutiny. the delivery is amid strange relations between the world's two largest economies. staying with china, leaders have stepped support a plunging stock market and a fragile economy. the central bank announced moves to inject $140 billion in cash into the banking system. the csi 300 index, a benchmark index for shares listed in shanghai and shenzhen loss at 13% last year and it's fallen more since then. market analyst peter mcguire from sydney told me more government support will be needed. i more government support will be needed. ~ , needed. i think there will be some momentum _ needed. i think there will be some momentum to - needed. i think there will be some momentum to the - needed. i think there will be - some momentum to the upside. we look at a 50 basis point cut not only that, it starts 5 february, the first one for the year, we had to last year and i think this could be the start. i'm not saying the pbo wasn't

on their hands because there is room for more monetary policy easing over the first to second quarter. easing over the first to second auarter. ~ ., easing over the first to second auarter. a, ., ., , .,, quarter. more monetary easing will be necessary _ quarter. more monetary easing will be necessary or— quarter. more monetary easing will be necessary or do - quarter. more monetary easing will be necessary or do you - will be necessary or do you think it is slowly wait and see? . �* , , ., see? that's the question. if the stock — see? that's the question. if the stock market _ see? that's the question. if the stock market bounces l see? that's the question. if| the stock market bounces to see? that's the question. if- the stock market bounces to the upside, that the strong move and that's what thereafter because it's down the best part of 44, 40 5% over the last three or so years so there is the question and have to see whether it continues an uptick or if it stays at this all continues to soften. united automobile _ continues to soften. united automobile markers, - continues to soften. united automobile markers, a - continues to soften. united l automobile markers, a major continues to soften. united - automobile markers, a major us union, has endorsed president joe biden�*s pre—election bed. mr barton enjoyed auto workers on lines last year, a first for a sitting president. jae on lines last year, a first for a sitting president. joe biden that on the — a sitting president. joe biden that on the american - a sitting president. joe biden that on the american worker| that on the american worker while donald trump blamed the american worker! we need to

know who is going to sit on the most powerful seat in the world and help us win as a united working—class. so if our endorsements must be working—class. so if our endorsements must he earned, joe biden has earned it! in joe biden has earned it! in fact, joe biden has earned it! in fact, when donald trump was in office. _ fact, when donald trump was in office. six— fact, when donald trump was in office, six auto factories closed _ office, six auto factories closed around the country. tens of thousands of auto jobs were lost nationwide during his presidency. in my presidency we were _ presidency. in my presidency we were opened 20 auto factories, with more — were opened 20 auto factories, with more to come. more than 250,000 — with more to come. more than 250,000 orderjobs across america _ 250,000 order 'obs across americah 250,000 order 'obs across america. ,, , . ., america. stay with the sector, the worlds _ america. stay with the sector, the worlds most _ america. stay with the sector, the worlds most valuable - america. stay with the sector, the worlds most valuable auto j the worlds most valuable auto company has warned of a slowdown in sales of its electric vehicles. tesla reported earnings for the final quarter of 2023 with profit and revenue largely missing expectations. michael dunn from dunn insights he watches tesla closely gave me a sense of the road ahead. closely gave me a sense of the

road ahead-— road ahead. the honeymoon is over road ahead. the honeymoon is ever even _ road ahead. the honeymoon is over even for _ road ahead. the honeymoon is over even for mighty _ road ahead. the honeymoon is over even for mighty tesla. . over even for mighty tesla. globally with electric vehicle sales in last 12 months continue growing but at a much slower pace than everyone thought. tesla is answering this in a couple of ways. reducing prices to stoke demand for their products, that's putting enormous pressure on the competitors and importantly today, elon musk confirmed there are at a staging area for there are at a staging area for the next wave and that'll be a model too, are much more affordable vehicle in the price rate of about $25,000. he is betting that that would trigger a second wave of demand starting probably in 2025. i5 starting probably in 2025. is that where the commission is, d has been managing to sell tvs at lower prices with considerable success and tesla will have to take them head—on, it seems. will have to take them head-on, it seems. ~ ,,., , ,. it seems. absolutely, if you look around _ it seems. absolutely, if you look around the _ it seems. absolutely, if you look around the number - it seems. absolutely, if you | look around the number one limited to demand for evs is price. average cost for

electric vehicles are around $50,000 in the us and its higher in the us. they have a 30,000 product in china and elon musk understands that, he recognises chinese competition and he says to win in the future we need to have our own sub— $30,000 product, the model two. this puts enormous pressure on others like gm and volkswagen, ford, who struggled today, losing money on much higher priced vehicles, can they much what tesla and the chinese are doing?— chinese are doing? that's the big women — chinese are doing? that's the big women question - chinese are doing? that's the big women question for - big women question for investors. how important is the china market for tesla? enormously. more than half of all tesla's builds a last year were built in china, demand in china is important, it's also an export base so without china, there is no tesla as we know today, they would have been a sensational success without china. going forward, look for elon musk diversify risk from china, new plant in

mexico coming, additional capacity of course in berlin and austin, texas, so he values the chinese are short—term but realistically the prospects for tesla in the china market going forward. , . . , tesla in the china market going forward. , . ., , ., forward. australians meanwhile are driving _ forward. australians meanwhile are driving bigger, _ forward. australians meanwhile are driving bigger, heavier- forward. australians meanwhile are driving bigger, heavier and| are driving bigger, heavier and dirtier cars and its alarming climate and road safety experts. rising petrol prices are not a deterrent. the government wants more drivers to buy electric but there is still about 20 million petrol and diesel vehicles on australian roads. they're all contributing to direct c02 contributing to direct co2 emissions. from sydney, phil mercer has more. australia's rates are dominated by rugged sports utility vehicles and units. a decade ago hatchbacks and other modest cars were the most popular. but not anymore. around 75% of new cars sold in australia these days are youths and suvs. so australians are choosing bigger, more expensive

to run and hire polluting vehicles in really high numbers. that has a lot of problems for our streets and cities as well as frau hip—pocket and our climate. for hip-pocket and our climate. for enthusiasts, _ hip—pocket and our climate. for enthusiasts, the powerful petrol engine is a thing of beauty. the lion's pride holden car club in sydney celebrate an iconic brand that was australia's car.- iconic brand that was australia's car. , , ., australia's car. get something built into aussies _ australia's car. get something built into aussies and - australia's car. get something built into aussies and it's - australia's car. get something built into aussies and it's now| built into aussies and it's now thing and i don't think we will ever give it up easily. do thing and i don't think we will ever give it up easily.- ever give it up easily. do you see yourself— ever give it up easily. do you see yourself driving - ever give it up easily. do you see yourself driving an - see yourself driving an electric vehicle?- see yourself driving an electric vehicle? no. ithink i'll be pushed _ electric vehicle? no. ithink i'll be pushed in _ electric vehicle? no. ithink i'll be pushed in that - i'll be pushed in that direction but for as long as we can get petrol to put on these vehicles, i think they will never leave our black tar. despite an affectionate perpetual and diesel, the popularity of electric vehicles in australia is surging. prices are coming down and sales last year doubled compared to 2022. australia though is still in the slow lane compared to other

countries, but steady progress is being made. the countries, but steady progress is being made.— countries, but steady progress is being made. the downside is that they do — is being made. the downside is that they do use _ is being made. the downside is that they do use a _ is being made. the downside is that they do use a bit _ is being made. the downside is that they do use a bit of- is being made. the downside is that they do use a bit of fuel. i that they do use a bit of fuel. the upside as they go forever. windmill lodge, marketing expert, uses his diesel powered fall drive for camping trips. it says that change is coming. evs are the future. there is a slow uptake because they are more expensive in australia than other places and i don't think we have got that infrastructure to support it yet. infrastructure to support it et. �* , ., ., infrastructure to support it et. , ., ., ., ., infrastructure to support it et.�* , ., ., ., ., ., yet. australia no longer has a makin: yet. australia no longer has a making industry. _ yet. australia no longer has a making industry. leaving - yet. australia no longer has a i making industry. leaving behind in the race to develop electric vehicles. ~ .,, ., vehicles. when we lost that, we lost the capability _ vehicles. when we lost that, we lost the capability to _ vehicles. when we lost that, we lost the capability to produce i lost the capability to produce an ev for our environment and climate. we are an input economy without the ability to make vehicles customised for us. ., ,.,, us. proposed new fuel efficiency _ us. proposed new fuel efficiency standards i us. proposed new fuel efficiency standards in j efficiency standards in australia aim to limit pollution from cars and should increase the supply of lower emitting and electric vehicles.

phil mercer, bbc news, sydney. in other news, british billionairejoe lewis whose family owns tottenham hotspur has pleaded guilty to insider trading at a us court. his accuser pass information about his companies to his friends, associates and romantic partners. a maximum sentence of 45 years in prison but he is likely to get far less time when he is sentenced in march. before we go, looking at us markets. they continued to hit a new high as wednesday's trading has session and optimism grows. that's it for this edition of asia business report. bye for now. voice-over: bbc news, - bringing you different stories from across the uk. i think we started just to have a little see it to seem to grow up differently from there. lots of people visiting.

they grew and grew and grew and just over the years it's mother nature taking it away again. we come back and put it back together. there's not a lot left at all. everyone who came along to help rebuild the bench has their own memories of the place. i used to walk with my wife on the beach _ when she died lastl april, used to these little stones message on it. to remember her and now it's going to start over again. these are memorabilia from the previous bench with names. so it might be nice to add some of those back when people come back and see them. some of the first time that they have had to do this. the bench has been damaged by storms before and in the summer by a fire. this plaque donated then, is not the centrepiece

for the new bench once more. the group say they hope that more people come along and add more driftwood and mementos to build the bench up once again to the community hub it once was. voice-over: for more - stories from across the uk, head to the bbc news website. hey, i'mjulia with the catch up. tonight — who scored a brit nomination, sunak faces another rebel, and a rhino—saving breakthrough. but we've got to start with the brit awards, because records have been broken by rae who received seven nominations. that is the most a single artist has ever received in one year. # sleezing and teasing...# her nominations include best artist, where six of the ten nominees are female. a pretty different picture from last year where the brits faced backlash for their all—male line up.

the brits have also revealed a new rnb category. some other stories now. prime minister rishi sunak has denied the idea that he's out of touch with people in the uk. sir simon clarke is a senior mp from the pm's own party. he wrote an article calling for sunak to be replaced. that makes him the second former minister to call for his resignation since november. a project in bristol is looking to build up a bank of medical photos that show a range of skin tones. 0ne volunteer said she's taking part after her own anaemia was misdiagnosed because of her skin colour. and hidden fees for online customers, aka drip pricing, is set to be banned under new law proposals. it says that any extra booking fees for things like cinema or train tickets will need to be clearly marked from the start of the shopping process. and we'll leave you with ten seconds of this rhino miracle. yes, scientists have achieved the world's first ivf pregnancy on a rhino. the northern white rhino is facing extinction with only two

of the animals left on the whole planet. amazing. you're all caught up now. have a good night. hello and welcome to sportsday, i'mjane dougall. it was tense but liverpool

are through to the final of the english league cup to face chelsea at wembley. who's through, who's out, and who's lost theirjob? we'll have the latest from the africa cup of nations. and we hear from both captains as india and england prepare for their five test series. welcome to the programme. we now know our finalists for the english league cup. liverpool will play chelsea at wembley next month after beating fulham across two legs in the semifinal. it finished 1—1 on the night at craven cottage after goals from luiz diaz and fulham's issa diop, but liverpool were leading

after the first leg and won 3—2 on aggregate.