report card which is due on wednesday. our north america business correspondent michelle fleury filed this preview. yes, the nasdaq and s&p rose by wrinkled highs. —— record highs. some big retailers shed light on how american consumers are faring. shares in the department store chain macy's close up 5% as its turnaround plan does appear to be working. however, it did still see a drop in sales as shoppers continue to pull back on spending. that's been a big worry that they are feeling under pressure from rising prices. investors are turning their attention now to the giant chip—maker nvidia. it is expected to post another strong set of earnings after wednesday's us market close.

the stock soared more than 90% this year alone, all of this out the back of enthusiasm that al out the back of enthusiasm that ai will boost corporate profits. the question is will the big spenders — microsoft, mike —— amazon micros on... wall street is betting the chip—maker will exceed expectations of. chip- maker will exceed expectations of. staying with al. .. several global firms made a fresh pledge at a two—day artificial intelligence summit in seoul to develop ai safely. the companies include the us tech giants google, meta and microsoft, as well as asian firms alibaba and samsung electronics. they vowed to ensure the safety of their most advanced ai models with promises of accountable governance and public transparency. this summit in south korea follows an inaugural meeting held in the uk last november. japan is turning out to be a popular tourist pixar animation studios is

laying off roughly 14% is of its workforce. as part of a broader restructuring of the parent company walt disney and reflects a move away from the production. instead, pixarwill focus on future films. the lay—offs follow similar cuts made injune last year. japan is turning out to be a popular tourist destination this year. it welcomed 2.7 million visitors injanuary. and a little more in february. foreign visitor arrivals hit a new monthly record in march , a new monthly record in march, past the three million mark, and remained strong last month. one of the main attractions — weakness in the japanese currency, the yen. while businesses are celebrating, local residents are not happy about the large crowds. the town of fujikawaguchiko has erected a barrier to block an iconic view of mount fuji. according to residents there, visitors are littering and parking illegally. for more on what this means for tourism,

i spoke with the boss of gdp. the weakness is the major factor. the main interested is increasing injapan —— main attraction. that's why most are was coming. attraction. that's why most are was coming-— attraction. that's why most are was coming. you've always been a victim of— was coming. you've always been a victim of your _ was coming. you've always been a victim of your own _ was coming. you've always been a victim of your own success. - a victim of your own success. there has been some unhappiness amongst residents injapan, amongst residents in japan, concerned amongst residents injapan, concerned about too many tourists and perhaps not abiding by local etiquettes. how are you addressing this? it is true that there are more tourists concentrated in major cities like tokyo and kyoto. it will continue, but we're trying to make the tourist destination diverse. develop a new route of japan's inside, according to

the routes in the japan side. also in other regions. in order to mediate the concentration of trying to introduced a way of people to park to mitigate the concentration, it's timing. i suppose it gives other destinations of a chance to get their time in the sun. i want to get your thoughts on outbound tourism. that must be taking a hit. the outbound tourism. that must be taking a hit-— taking a hit. the biggest challenge _ taking a hit. the biggest challenge was _ taking a hit. the biggest challenge was first - taking a hit. the biggest i challenge was first because taking a hit. the biggest - challenge was first because of the week yen and high

destination inflation. it all makes it very expensive. this segment is a little bit hesitant. but we're trying to increase promotion at the same time concentrating in the trip like we agreed these with major league baseball and develop the world tour series and... as you heard on newsday — a singapore airlines flight was hit with severe turbulence causing the death of one passenger and injuries to several others. the london—to singapore flight was forced to make an emergency landing in bangkok. both singapore and the us will be sending safety investigators to assess the incident, while boeing has also offered its support to the airline. now to india, where latest data shows airline passenger traffic grew

at the slowest pace in 13 months after what's been a solid performance for the industry post—covid. our india business correspondent nikhil inamdar sent us this report on what's plaguing the sector. it has constantly been calling off of as high as 22% and passengers in april 2023 to just over two and a half percent last month. there are a number, despite, idemand, india's airlines have been battling a range of supplies. indigo is proud to engine issues and pilots pilots and crew issues. also sick leave due to salary disputes. we've also seen airlines like goair going bankrupt and others going through flight crunches. this is mean spheres have been sky—high and that led to slowing traffic, according to

analysts. but for both international and domestic sectors, passenger traffic is expected to draw at least 8—10% levels according to one particular estimate. 407 for— forage making due to a strong pickoff in both leisure and business travel here in india. in march, consumer prices came in at 3.2%, which was its lowest level in two—and—a—half years. analysts and economists are predicting that the april cpi print will hover at around 2%. so what could this mean for the future uk interest rates? the bbc�*s ben king find explains. the recipes haven't changed in 90 years at this traditional bakerin 90 years at this traditional baker in west sussex, but the cost of the ingredients highs. flower prices, meet prices, energy prices — all up. the cost of fat has doubled. that's put the squeeze on profits, but the end is in sight.—

the end is in sight. prices aren't continuing - the end is in sight. prices aren't continuing to - the end is in sight. prices i aren't continuing to increase that much. they definitely aren't coming down. it seems like things are plateauing and i'm hoping to see that the pressure is easing a little bit and then the next few months, we can pass that on to our customers and our employees, which will be brilliant to everyone. which will be brilliant to everyone-— which will be brilliant to everyone. which will be brilliant to eve one. ' everyone. official figures are tellinu everyone. official figures are telling the — everyone. official figures are telling the same _ everyone. official figures are telling the same story. - everyone. official figures are telling the same story. a - everyone. official figures are telling the same story. a big | telling the same story. a big cut in the 0fgem energy price cap means the gas and electricity bills are down for most of us. that makes for a big fall in the headline inflation number. meanwhile, prices for most other things including food are rising more slowly. i including food are rising more slowl . ~ �* , including food are rising more slowl . ~ 3 , . ~ slowly. i think it's peaked now. i don't _ slowly. i think it's peaked now. i don't find - slowly. i think it's peaked now. i don't find it's - slowly. i think it's peaked now. i don't find it's gone slowly. i think it's peaked i now. i don't find it's gone up now. idon't find it's gone up any— now. i don't find it's gone up any more. _ now. i don't find it's gone up any more, but it's increased over— any more, but it's increased over that _ any more, but it's increased over that 15%.— any more, but it's increased over that 15%. even if i have a coffee, over that 15%. even if i have a coffee. it's — over that 15%. even if i have a coffee, it's how— over that 15%. even if i have a coffee, it's how much? - over that 15%. even if i have a coffee, it's how much? i've i coffee, it's how much? i've changed — coffee, it's how much? i've changed some _ coffee, it's how much? i've changed some of _ coffee, it's how much? i've changed some of my i coffee, it's how much? i've changed some of my habits so i don't _ changed some of my habits so i don't buy— changed some of my habits so i don't buy something _ changed some of my habits so i| don't buy something that's gone up don't buy something that's gone up so _ don't buy something that's gone up so much _ don't buy something that's gone up so much i_ don't buy something that's gone up so much. i change _ don't buy something that's gone up so much. i change it - don't buy something that's gone up so much. i change it to- up so much. i change it to something _ up so much. i change it to something else. - up so much. i change it to something else. i- up so much. i change it to something else. i can i up so much. i change it to something else. i can still manage _ something else. i can still manage on— something else. i can still manage on my— something else. i can still manage on my small- something else. i can still- manage on my small pension.

today's— manage on my small pension. today's inflation— manage on my small pension. today's inflation numbers i manage on my small pension. today's inflation numbers the| today's inflation numbers the first at two we get before than monetary policy committee meets to set interest rates again. if both of those numbers show inflation coming down as we expect, that makes it much more likely that they'll decide the time has now come to start cutting interest rates. after nearly three years of soaring inflation, things are finally cooling off. but thatjust means prices are going up more slowly, not coming down. for most of us, our standard of living is still not what used to be. then king, bbc news, west sussex. —— ben king, bbc news, west sussex. the forum said the move was part of a multiyear strategy to change its management structure. schwab helps transform from modest beginnings to a conference attended by top policymakers.

the current president of the forum will take over before the next annual meeting in january of 2025. as you heard on newsday — a singapore airlines flight for more on the singapore airlines, you will have more details our life page. i'll see you again soon. bye for now.

hey, i'm zof with the catch up. tonight — extreme turbulence on a flight, liverpool becomes taylor time and the oldest liverpool becomes taylor town and the oldest person to go to space. our top story — a man has died and several others are injured after extreme turbulence on a flight from london to singapore. the singapore airlines plane had to divert to bangkok and landed at 3:45pm there. authorities at bangkok airport say the victim was a 73—year—old man from the uk and that it was likely he died

from a heart attack. passengers took these pictures shortly after the emergency. imagine how scary this would have been. you can see the impact and damage here. jerry was a passenger on the flight. suddenly, the plane plunged. i don't know how far, but it was they said 6,000 feet. i don't know how far, but it was...they said 6,000 feet. it didn't seem like 6,000 feet, but it was a long way, and so sudden — there was no warning at all. and i ended up hitting my head on the ceiling. my wife did. some poor people are walking around, ended up doing somersaults. it's good news for liverpool as the city will become taylor town for the area shows next month. more than 150,000 swifties will head there for her three shows at anfield stadium. liverpool city council says a trail of art installations, each inspired by a different era of her career, will be put around the city. it's thought the era's tour will provide an important boost

to the uk economy as much as £1 billion. that's according to data from barclays. time now to leave you with ten seconds of the oldest person ever to go to space. 90—year—old ed dwight started training as an astronaut over 60 years ago, but nasa didn't select him for a mission. -- 19. now he's finally achieved his lifelong dream. i absolutely love that. you're all caught up now. see you later. hello and welcome to sportsday. i'm gavin ramjaun. here's what's coming up on the programme. chelsea and mauricio pochettino part ways. the argentinian leaves stamford bridge after one season in charge by mutual consent. big names are missing from gareth southgate's initial england euros squad. we'll have more on who's not

going to germany this summer. and archer's ready to fire for england. after his spell out injured before their limited overs series with pakistan. hello, and welcome to sportsday — and the premier league managerial fallout continues, following the finish to the season. chelsea announced on tuesday that manager mauricio pochettino has left the club by mutual consent. he was in charge forjust one season. the argentinian was under pressure after an underwhelming first half of the campaign — but had managed to turn things around somewhat, and finished the season in the top six. chelsea were also runners—up in the league cup and reached the semi—finals of the fa cup. pochettino was chelsea's sixth permanent manager in five years. in england, he previously also managed tottenham and southampton — but is yet to win a domestic trophy earlier, i caught up with bbc

5live's senior football reporter ian dennis, who told me the news