we are new focused on we are now focused on the us. we are now focused on the top business stories. we begin with tiktok as the house of representatives passed a bill over the weekend that brings a ban of the popular social media app in the us a step closer unless its chinese owner sells its stake within a year. fears that the data about millions of american tiktok users could land in china's hands has driven congressional efforts to split the company from the beijing—based company bytedance. tiktok says bytedance "is not an agent of china or any other country" and points out the firm is 60% owned by global investors. let's discuss this. joining me now is jasmine enberg, principal analyst on social media at emarketer. good to see you again. of course, this was talked about at length when this first came to our attention that the us plan to ban tiktok. took us through what happened over the

weekend. 50. through what happened over the weekend. ~' ., ~' through what happened over the weekend. ~ ., ~ , weekend. 50, the tiktok bill was ut weekend. 50, the tiktok bill was put into _ weekend. 50, the tiktok bill was put into a _ weekend. 50, the tiktok bill was put into a package - weekend. 50, the tiktok bill was put into a package withl was put into a package with foreign aid and that was passed through the house and now it is on the way to the senate, and based on indication of that, we have gotten, it sounds like this package will be approved, meaning that the bill will also be passed. now, this is a massive load to tiktok but it is important to note that it is not the end yet. i am framing it more as the next chapter in tiktok�*s long and drawn out fight to survive here in the us, and it is a fight that is bubbly going to move pretty quickly now from congress into the courts. of course this isn't their first rodeo and it has had some success in previous battles including in montana which tried to ban the app previously. but if this bill does become law and tiktok does not divest, this would be a huge, would have huge ramifications on their business, even though just

about 10% of tiktok�*s worldwide users are located here in the us, the us accounts for about 50% of its ad revenues, so it is a very lucrative market for the company. is a very lucrative market for the company-— is a very lucrative market for the company. what do you think will happen _ the company. what do you think will happen then? _ the company. what do you think will happen then? let's - the company. what do you think will happen then? let's assume | will happen then? let's assume the band does go ahead. will bytedance be able to divest in tiktok within six months? what will happen next? it tiktok within six months? what will happen next?— will happen next? it has now been extended, _ will happen next? it has now been extended, so _ will happen next? it has nowl been extended, so bytedance will have a longer period of time to be able to divest than in the original bill, which is one of the reasons that it was able to pass through the house and why it may have more support now in the senate. it is important to note that bytedance has said that it will not divest and, again, tiktok has implied that it is going to wage this intense legal battle. what that means is this is going to be something that we are going to be watching and dealing with for some time, and it is not quite the end in several different ways. for one, if this bill becomes law,

it is not the tiktok is just going to disappearfrom our phones here in the us, it is going to be unavailable in app stores for download updates which means that the app is going to become slower, it will become more clunky and eventually it will be unable to use. y ., eventually it will be unable to use. ~ ., , use. do you know if companies are gearing _ use. do you know if companies are gearing up _ use. do you know if companies are gearing up to _ use. do you know if companies are gearing up to try _ use. do you know if companies are gearing up to try and - use. do you know if companies are gearing up to try and get . are gearing up to try and get hold of this company? us buyers out there, what are people saying about this? big tech would be — saying about this? big tech would be a _ saying about this? big tech would be a nonstarter- saying about this? big tech . would be a nonstarter because of the regular tree and anti—trust issues. there are some other buyers are circling, but given the pricetag on tiktok, which i have seen valuations between and 150 billion, depending on whether or not the algorithm is included, that makes the list of potential buyers pretty short, and it is notjust about the money. tiktok is an app that has been heavily scrutinised over many years, so it is going to have to be a buyer that has a pretty strong

stomach. , ., , buyer that has a pretty strong stomach. , . , ., ~ stomach. jasmine, we will talk about this _ stomach. jasmine, we will talk about this again _ stomach. jasmine, we will talk about this again in _ stomach. jasmine, we will talk about this again in the - stomach. jasmine, we will talk about this again in the future l about this again in the future i imagine. thank you for your time. well, let's stay with key decisions made on capitol hill because this weekend saw us house of representatives pass a crucial aid dealfor ukraine. after months of wrangling washington finally approved $61 billion in new military funding to help ukraine combat russia's invasion. ukrainian president volodymyr zelensky described the us support as "vital", but it is unclear when it will arrive. let's discuss this further. mike coop is chief investment officer for the emea region at morningstar investment management. good morning to you. this is so important, isn't it, for ukraine and for europe, would you say? ukraine and for europe, would ou sa ? , . you say? his critical, the wranglings _ you say? his critical, the wranglings have - you say? his critical, the wranglings have been i you say? his critical, the i wranglings have been going you say? his critical, the - wranglings have been going on for at least six months. that

is allowed russia to regain the upper hand, and so this air defence systems and ammunition that will come from this are really important. just to put this into some sort of perspective, the amount that has been approved isjust perspective, the amount that has been approved is just under $61 billion, and that compares with prior us support of 44 billion. so this is really going to have a big impact. this going to have a big impact. as ou going to have a big impact. as you say, this has taken them a long time to get through, and during that time, ukraine has lost ground to russia, russia has been able to take key parts in the east, hasn't it? that has been able to take key parts in the east, hasn't it?— in the east, hasn't it? that is riuht. in the east, hasn't it? that is right- so _ in the east, hasn't it? that is right. so there _ in the east, hasn't it? that is right. so there was _ in the east, hasn't it? that is right. so there was a - in the east, hasn't it? that is right. so there was a period l right. so there was a period you might recall when ukraine was making pretty good progress in regaining territory and, in fact, turning the tide. they have lost all of that is russia

has re— geared. but this is expected to at least prevent russia from continuing to have further incursions, and it is the attacks on critical infrastructure and industry, as well as other significant areas that have wrought damage. the air defence systems are what is going to be important. it is also shining a light on what other allies are or are not doing in terms of supporting the ukraine.— doing in terms of supporting the ukraine. ok. we have to leave it there _ the ukraine. ok. we have to leave it there but _ the ukraine. ok. we have to leave it there but thank - the ukraine. ok. we have to leave it there but thank you | leave it there but thank you for your perspective on that. let's now focus on energy — the backbone of the global economy and since russia's invasion of ukraine prices have been very volatile. the growing geopolitical tensions and promised transitions towards net—zero economies are looking ever more challenging. today, titans from the energy industry will come together in rotterdam for the 26th

world energy congress to look at where the industry can and should go from here. dr carole nakhle is chief executive of crystol energy and is speaking at the event. i understand you are speaking at this event. i i understand you are speaking at this event.— at this event. i am in a couple of hours _ at this event. i am in a couple of hours in — at this event. i am in a couple of hours in the _ at this event. i am in a couple of hours in the geopolitics - at this event. i am in a couple of hours in the geopolitics ofl of hours in the geopolitics of energy and the energy transition.— energy and the energy transition. . ~ , ., transition. talk us through what you _ transition. talk us through what you will _ transition. talk us through what you will be _ transition. talk us through what you will be saying. i transition. talk us through i what you will be saying. what are your key points? we what you will be saying. what are your key points?- what you will be saying. what are your key points? we can not distinguish _ are your key points? we can not distinguish between _ are your key points? we can not distinguish between the - distinguish between the geopolitics because they are closely intertwined, and a lot has happened in the last few years, i think it is a crisis to the attacks on the red sea to the attacks on the red sea to the attacks on the red sea to the war in gaza to the retaliation and attacks for the first time ever tween israel and iran. all this has fort back the energy security right at the top of the priority of leaders, world leaders and business leaders around the

world. so the key here is to how we can achieve the twin goals of energy security and climate security so we can go towards the net zero a safe environment without suffering economically and socially. this is a key aspect that we will be discussing today. we mentioned that leaders _ discussing today. we mentioned that leaders from _ discussing today. we mentioned that leaders from the _ discussing today. we mentioned that leaders from the energy - that leaders from the energy sector will be there. talk really was going to be there, and also, from the world of government and politics, because i was energy ministers are key in all of this. collaboration every level is so important. collaboration every level is so important-— important. absolutely. the government _ important. absolutely. the government level, - important. absolutely. the government level, we - important. absolutely. the| government level, we don't important. absolutely. the - government level, we don't see the same majority of government officials and ministers from consuming nations and importing nations. we also see them talking and sitting at the table, coming from producer companies including from those in the middle east, and the same thing for the business

community, they are coming from all around the world, and that is what you need. that is the unique selling point of the eventin unique selling point of the event in rotterdam, all this event in rotterdam, all this event energy event in the world, which is inclusivity. they want to bring everyone to share the interest because we talk about it from the consumers' perspective, security and security of supply. it is also one to secure the markets for their products, whether be at oil and gas or otherfossil products, whether be at oil and gas or other fossil fuels or minerals, which is equally important. this is the inclusivity nature that we need to progress because no single solution will get us to the net zero targets. we solution will get us to the net zero targets.— solution will get us to the net zero targets. we appreciate you talkin: to zero targets. we appreciate you talking to us — zero targets. we appreciate you talking to us hours _ zero targets. we appreciate you talking to us hours before - zero targets. we appreciate you talking to us hours before yourl talking to us hours before your speech. "well. see you again soon. —— hope it goes well. let's get some of the day's other news now. tesla has slashed the prices of its cars in some of its major markets after similar price cuts in the us.

the price of its model 3 was trimmed both in china and germany by about $2,000. all this comes after the ev—maker reported a fall in global deliveries for the first time in four years last quarter. tesla will report its quarterly results later this week. here in the uk, the number of complaints over �*debanking' has soared. debanking is when a bank decides to close a person or business account, sometimes with little warning. so far this year, the financial ombudsman service have received 3,900 complaints about account closures, an increase of 44% compared to the previous year. and more complaints are being upheld. 36% of rulings made were in favour of the customer. around the world and across the uk, this is bbc news.

hello again. let's carry on

with the business news here on the bbc. now, let's focus on mexico. in recent years, its economy has experienced a major uptick in capital investment, largely due to something known as nearshoring. so, amid the trade war between china and the us, scores of chinese companies have been taking advantage of conditions in northern mexico to get around us sanctions on chinese goods by making those same products in mexico instead. at the same time, some big us firms have relocated from asia to mexico. so, what are the pros and cons? 0ur mexico correspondent will grant reports from the northern city of monterrey. apologies. we are clearly looking at asian financial markets there. we haven't got

that report for you at the moment, which is unfortunate because it is really interesting. hopefully we can bring you the news from will grant a little later in this programme. but now, we have talked about tesla. cutting its prices. is the boom time over for electric vehicles? rising electricity costs and an end to generous government subsidies in some countries have made running evs more expensive than driving petrol or diesel — and that's dampened recent sales. 0ne country bucking the trend is norway — 9 out of 10 cars sold there this year have been electric. my colleague aaron heslehurst has been speaking to the state secretary of the norwegian ministry of transport who explained why many are plugging in. i think that the reason for this is that we introduced the broad package of incentives, and of course you need a good economic, national economics to do that. but we agreed upon the

broad package in long—term and medium—term that was predictable for the customers and predictable for the private sector. so it was both tax incentives, but also, user incentives, but also, user incentives for the customers. you know some critics may ask if your incentives have been too successful, because the argument is that these generals incentives actually makes norway even more car centric opposed to other countries' models of encouraging people to use more climate only forms of public transport and cycling, for example. but what you have got now in norway are people buying a second or third car. you have more cars on the road is now. what do you say to those critics? i is now. what do you say to those critics?— those critics? i say it is a aood those critics? i say it is a good argument. - those critics? i say it is a good argument. i- those critics? i say it is a good argument. i think l those critics? i say it is a j good argument. i think it those critics? i say it is a i good argument. i think it is important to acknowledge that electrical cars have

competitive edges to the public transport, and we follow that very closely, particularly in urban areas. so we are ready to change the policy if we can see that the market is going in the wrong direction or people are choosing cars before public transport. we have agreement schemes with the big cities in norway, together with local and regional governments to try to make all the growth in transport to come with public transport to come with public transport and cycling and walking and so on. so we do follow this closely, and i think it is a very good argument two sets, and i know that all —— not all countries are like norway. we have, even are like norway. we have, even a bigger cities are small cities, and we are quite rural, so i think that in many areas,

people will be dependent on cars in norway. really interesting. and you can see the full interview in this week's talking business here on the bbc news channel. that is a look at how norway is transitioning to electric vehicles. but what is also interesting as well as we mentioned earlier that tesla has reduced its prices for its model three and some of its other cars in the competition in the sector is really heating up. in hong kong today, listed shares of chinese electric vehicle makers have been actually falling on financial markets as concerns mount over compressed margins amid the escalating price war. that news about tesla impacting trading today in hong kong, chinese av vehicles on the way down. i mentioned earlier mexico.

0ur mexico correspondent, will grant, reports from the northern city of monterrey. scores of chinese companies render —— relocating to mexico to reproduction closer to the us market. as well as saving on shipping, the final product is considered 100% mexican, meaning they avoid tariffs and sanctions imposed on china and in a worsening trade war with the us. this general manager says the move to mexico makes economic and logistical sense. they already employ 400 people and have ambitious plans to expand. and have ambitious plans to exand. �* ,, �* ~ and have ambitious plans to exand. �* ,, ~ ~ expand. translation: we hope ou are expand. translation: we hope you are triple _ expand. translation: we hope you are triple and _ expand. translation: we hope you are triple and quadruple - you are triple and quadruple production. the intention here in mexico is to bring our production levels up to that of our factories production levels up to that of ourfactories in production levels up to that of our factories in vietnam.

whether it is furniture, t—shirts or car parts, the proximity to the us and the skilled labourforce here makes mexico an attractive to chinese companies. as more chinese firms reach that same conclusion and set up factories here, there has been an important shot in the arm to the mexican economy, particular post the covid pandemic. this chinese mexico industrial park this city of monterey. demand for plots is skyhigh with every available space already sold. little wonder many economists say china polymer interest in mexico is no passing fad. the ruestion mexico is no passing fad. the question is — mexico is no passing fad. the question is not _ mexico is no passing fad. the question is not if _ mexico is no passing fad. tue: question is not if this mexico is no passing fad. tte: question is not if this trend will continue, but rather, how much of that trend we can take advantage of. becausejust much of that trend we can take advantage of. because just as mexico is thinking and we are having this conversation here, some people are having the same discussion in columbia, in vietnam, in costa rica. amid the near _ vietnam, in costa rica. amid the near shoring, _ vietnam, in costa rica. amid the near shoring, us - vietnam, in costa rica. amid the near shoring, us firms i vietnam, in costa rica. amid l the near shoring, us firms like tesla have announced plans to

set up in mexico as well, helping the country replaced china as the us's main trading partner. china as the us's main trading artner. , ., ., , partner. the next tesla factory will be in _ partner. the next tesla factory will be in mexico _ partner. the next tesla factory will be in mexico near - will be in mexico near monterey. it will be in mexico near monterey.— will be in mexico near montere . , . , monterey. it is a significant chance monterey. it is a significant change are _ monterey. it is a significant change are some _ monterey. it is a significant change are some urge - monterey. it is a significant i change are some urge caution monterey. it is a significant - change are some urge caution to the wider geopolitical struggle. the wider geopolitical struggle-— the wider geopolitical struggle. the wider geopolitical stru: . le. . , ., struggle. the rich guy in town, the us, struggle. the rich guy in town, the us, is _ struggle. the rich guy in town, the us, is having _ struggle. the rich guy in town, the us, is having problems- struggle. the rich guy in town, l the us, is having problems with the us, is having problems with the new rich guy in town, china. mexico does not have that, and the current administration, we don't have a strategy with china and how to deal into this new triangular relationship.— deal into this new triangular relationship. with a backdoor to the us _ relationship. with a backdoor to the us or— relationship. with a backdoor to the us or part _ relationship. with a backdoor to the us or part of _ relationship. with a backdoor to the us or part of a - relationship. with a backdoor to the us or part of a costly l to the us or part of a costly war between the superpowers, near shoring is here to stay, and mexico must be pragmatic if it is to reap the long—term benefit of this new, often hostile global trade arrangement. will grant, abc news, monterey. —— bbc news.

before we go, today is earth day with the focus on environmental initiatives and goals to both protect the world's resources and mitigate the impact of climate change. the mining sector produces the raw elements that are crucial to our modern world, computers, cars, smart phones and all sorts that we use in day to day life rely on minerals mined from the earth. in fact, 44% of all co2 emissions from industry come from producing steel and non—metallic mineral products like cement, according to mit. but metals are also key in our transition to green energy, solar panels and electric cars need aluminium or lithium, so how do we get the balance right? it is extremely challenging. live now to rohitesh dhawan, president and ceo, international council on mining and metals. good to talk to you. tell us, first of all, a day like today,

earth day 2024, —— earth day, do you do anything in particular within the mining industry? it particular within the mining indust ? , ., particular within the mining industry?— industry? it is a really important _ industry? it is a really important day - industry? it is a really important day for - industry? it is a really important day for us. | industry? it is a really i important day for us. we industry? it is a really - important day for us. we are a nature —based industry and we are so conscious of minimising our own foot rent on this precious planet. you mentioned evs and the various products that are critical for human life to be possible, which come from mining. we have to make sure mining is done sustainably and responsibly given the climate and nature crisis we face in addition to making sure that the mineral extraction can improve the lives of people. it is a really important day for us, it reminds of our obligations and responsibilities to mine sustainably and responsibly. t sustainably and responsibly. i explained the reason why mining is so important to so much of what we do and what we use and consume, etc. it is very vital, for example, within medicine, it is so important. how are you, therefore, transitioning a sector, an industry that when we think about mining and in

our minds i, we see dirty men coming out of the ground covered in sort, that kind of thing. talk us through how you are changing this industry. t are changing this industry. i understand many people have the same perception, but really, modern mining is so far from that view of how mining has always been done. for example, many of the largest mines in the world are now powered 100% by renewable energy. the world's largest copper mine is 100% renewable power. the operations in all of latin america are powered by renewable energy. this is an industry at the forefront of embracing low carbon technologies. another issue people are worrying about when it comes to mining as the water that we use, because it is so essential for processing the minerals. actually some of the largest mines today are using 100% desalination water such as the mine injuly, one of the largest copper mines operated by tech resources, people worry about our impact on nature ——

chile. we have a net positive impact, for instance, the brazilian miner conserves or protects 11 hectares of land for every hectare that is disturbed. as a result of technology and a commitment to responsibility, modern mining has come much different to how people thought that mining always used to be done. but there is a — always used to be done. but there is a lot _ always used to be done. but there is a lot of _ always used to be done. but there is a lot of irresponsible mining still going on, and sally, leon bbc news, we have to report on accident and death on mines that have collapsed or whatever in parts of the world. to what extent do you have a power to clamp down on that? it is so tragic. whenever there is an accident, especially when human lives are lost, and we are committed to making sure that the wider industry improves practices to make sure that responsible mining becomes the norm. there are 24 companies that belong to the international council and mining and between us we account for one third of the global industry and we made a series of clear commitments that we can be held accountable

to how we will mine responsibly unsustainably. across our 650 sites, that is absolutely what we are doing, but that is not the work fully done yet because until mining everywhere globally is done as sustainably and responsibly as possible, our work isn't finished because we know that when it is done well and the examples i have just provided you, it can be a real force for just provided you, it can be a realforce for good, but just provided you, it can be a real force for good, but i just provided you, it can be a realforce for good, but i must also acknowledge that when mining is not an responsibly, it does cause very real harm to people on the planet. fine it does cause very real harm to people on the planet. one final ruestion people on the planet. one final question and — people on the planet. one final question and a _ people on the planet. one final question and a short _ people on the planet. one final question and a short answer i question and a short answer please because we're almost out of time. when coal mining be confined to history? we of time. when coal mining be confined to history?— confined to history? we need coal for the _ confined to history? we need coal for the next _ confined to history? we need coal for the next 20 - confined to history? we need coal for the next 20 or i confined to history? we need coal for the next 20 or 30 i coalfor the next 20 or 30 years at the very least because it is such an important part of a slow generation, but we can see a pathway where that becomes a minimal share, and see a pathway where that becomes a minimalshare, and in some countries it will evaporate entirely. but for now, call will be around for at least the next 20 or 30 years. thank you forjoining us. the president and ceo of international council on mining and metals. we are almost out

of time. the director is telling me to wrap up. i will say goodbye. have a lovely day and thank you for your company today. i will see you soon. hello there. northern ireland was certainly the place to be on sunday. light winds, sunny skies and it turned out to be the warmest day of the year so far in the country with temperatures reaching 19 degrees. by contrast, much further east across the uk, it remains cold, particularly so across northeastern parts of england with cloud and a breeze coming off the north sea. now, high pressure is close by, but it is tending to edge away, and that's allowing these weather fronts to bring cloud and even some rain southwards overnight. but ahead of that we have clear skies for east anglia and the southeast. temperatures could be

close to freezing first thing in the morning before that cloud comes in. we've got this light rain and drizzle affecting northern england, the midlands, wales heading towards the southwest. there could be a few spots of rain moving down across scotland before northern areas see the sunshine returning in the afternoon. but there won't be as much sunshine in northern ireland, it's not going to be as warm on monday. may make 16 degrees in glasgow, but it's going to be particularly chilly for the midlands and eastern parts of england. that area of high pressure continues to just get pushed away and these weather fronts move southwards overnight. with clearer skies, though, following into scotland, there could be an early frost around here. most of the cloud will be affecting some eastern parts of england heading to the southeast. a northerly wind then follows and the odd light shower around north sea coasts. cloud will tend to build up, the sunnier skies for western scotland, northern ireland and wales. and here, temperatures will be 13 or 14 degrees. but, again, it's going to be colder further east, and generally over the next few days, west is going to be best. but high pressure is no longer

with us by wednesday, but we're still in that colder air stream with a northerly wind, bringing the odd shower down some of those north sea coasts where it will feel particularly cold. we may well see a touch of frost here and there if the cloud breaks, but the cloud will tend to build up through the day on wednesday and that could lead to a few showers mainly for england and wales. looking a bit sunnier perhaps for western scotland and northern ireland, but temperatures are 11 degrees in belfast, and that's going to be a typical best number on wednesday. it is going to be a chilly week ahead. temperatures dropping across northern areas and there's even the risk of frost overnight before lower pressure maybe brings some rain by the end of the week.

good morning, welcome to breakfast withjon kay and sally nugent. our headlines. the mother of stephen lawrence calls on police to reopen the investigation into his murder, as officers issue another apology for the way they've handled the case. parliament's set for a final showdown over the rwanda bill. mps and peers are set to vote late into tonight, as the government insists it wants no more delays. the army of unpaid carers juggling the constant demands of looking after a loved one and the allowance which they say

is wholly inadequate. you can't put a value on caring for someone, but it doesn't pay the bills, it doesn't help, really. have you noticed the cost of a cup of coffee going up because bad weather in brazil and vietnam is driving up the cost of coffee beans and that is percolating down to your incident at home. we have all the details. how second—tier coventry city's remarkable cup comeback against manchester united ultimately finished in heartbreak for fans and players in a match they'll talk about for years to come. good morning, a cold start in the south—east of england but bright skies. that will not last because cloudy elsewhere with light rain heading to the south—east but brighter skies in the north later. all the details throughout the programme.