the world's biggest coffee chain has poached brian niccol, who's been running the mexican inspired foodchain, chipotle. the new chief executive is credited with reviving chipotle�*s fortunes after its reputation was devastated by an ecoli outbreak. niccol takes over from laxman naraishman, who began work in april last year with a mission to reinvent starbucks but his performance disappointed investors. starbucks shares jumped after the announcement and chipotle�*s have dropped. market analyst victoria fernandez told us that illustrates the esteem in which investors hold the new boss. we see from the stock reactions of those two companies exactly what the market thinks about this move.

and you have brian niccol, who has done tremendous work at chipotle. you have seen that stock grow. you have seen revenues grow. you've seen eps grow since he took over. and they're a company that, even from the pandemic forward, has continued to be able to raise prices and get a higher dollar value from consumers when they're pulling back in other places. we know from starbucks�* earnings over the last week, they did not have a good quarter at all, one of their worst quarters, so i'm not surprised that they're making a change. i am surprised it's this soon, and i think they're looking for brian niccol to do the same type of transformation, making starbucks special again, like they've made chipotle special from its competitors, in order to bring that company back to what it used to be. the battle of the smartphones is heating up. google�*s new pixel nine phone is widely expected to be launched today at the industry event "made by google". new smartphones are usually launched later in the autumn, but google is reportedly going early to get ahead of apple.

the pixel nine is hotly anticipated and according to reports will feature the newest ai features for a new generation of smartphones. ben wood is chief analyst at ccs insight and i asked if, as google hopes, this phone could become a new market leader. i think it's very interesting, firstly, your comment about the earlier timing. historically, this event has been in october but google has gone early in august and i think that's partly because apple is dialling up its ai capabilities on the iphone and that will be announced next month. in terms of google�*s ability to stand out, it is pushing hard with its gemini platform. there will be more ai capabilities on the device. a good example of that, if the rumours are correct, is that there will be a new capability where, for example, if you are taking a group photograph with lots of people you could take the photograph and then jump into the photograph yourself, give the camera to someone else, they take a picture and then

those two pictures are magically blended together by the power of ai and everybody appears in the shot. so, that is the sort of thing that consumers are likely to benefit from. that does sound pretty magical! so, they are launching it now. apple's usual launches are around september time, aren't they? so that gives them roughly a one—month head start but if they are hoping to close some kind of gap with apple, it's not a massive head start, is it? yeah, i think it's more about mind share. a lot of these features are very similar across different devices whether it is on apple's ios platform or google�*s android platform. by by going earlier it means that when they announced new features, they can arguably claim that they were first and can claim that they were in the leaders in the development of some of these features. quite frankly, when it all comes down to it, all of these features are being added at similar times and there is a huge amount of

investment in terms of driving artificial intelligence features onto smartphones themselves. so, having the power on the device to do that computation rather than it having to leave the device and go up and be processed in the cloud. and super briefly, if you can, we are told that ai will shake up the smartphone market in the same way that the smartphone itself did. i'm a bit more sceptical about that. the key to these companies will be explaining these new capabilities to users so they are aware of them and then hoping that they will go out and buy a shiny new device. here in the uk, the latest numbers on the economy will provide food for thought for the bank of england and the next all important interest rate decision. the unemployment level fell slightly in three months tojune — more than expected — which coupled with a cooling in the level of wage growth could pave the way for more cuts in the cost of borrowing. let's have a quick look at the numbers. unemployment dropped to 4.2% from april tojune, down from 4.4%.

and wage growth slowed to 5.4% over the same period compared to last year. the weakest for around two years. louise murphy, senior economist at the resolution foundation — which campaigns for better living standards for those on low to middle incomes — told us what this means for the state of the uk economy. the numbers today are important for workers and also for the bank of england, so a focus on the wage data, and we saw a slight indicated that wages are growing slightly less strongly than we have seen over the last couple of months, and that comes with a mixed picture for workers, and that is often bad news, especially in the public sector. so when we look at trends since the pandemic, public sectorwages when we look at trends since the pandemic, public sector wages are still than where they were in 2021, whereas those in the private sector,

that growth has been slightly stronger. 0n the other hand slightly better news, when we look at the economy overall, and looking at the bank of england, they might be pleased to see improvement in —— slight reductions in wage growth because that might make it easier to cut interest rates.— cut interest rates. when looking at eo - le cut interest rates. when looking at peeple dr0pping _ cut interest rates. when looking at peeple dronping out _ cut interest rates. when looking at people dropping out of _ cut interest rates. when looking at people dropping out of the - cut interest rates. when looking at l people dropping out of the workforce and how that is filtering into these figures, considering the concerns there are about the levels of productivity in the uk and the last government had a great eagerness to encourage more people back into the workforce, that is not good news, is it? , , a, workforce, that is not good news, is it? ,_ ._ workforce, that is not good news, is it? ,_ ., _, it? exactly. it is a priority for this government _ it? exactly. it is a priority for this government and - it? exactly. it is a priority for this government and any - it? exactly. it is a priority for- this government and any government, really, to get as many people who can work to be working, that is good for living standards and incomes and also good for the economy. we would

be cautious in interpreting too much on small changes because the data can be a bit volatile and we saw a slight decline in unemployment this month but the longer term trend, when we look at the data, it is a slight cooling in the labour market and that means things like vacancies decreasing slightly and they were at a very high level, vacancies, about a very high level, vacancies, about a year ago, but they have been declining now for many months. to india now where this week trains will begin travelling the world's highest single arch railway bridge. it's part of a crucial rail connectivity project that connects indian administered kashmir with the rest of india for the very first time by rail. nikhil inamdar reports. this is india's new showpiece railway bridge. it will connect remote indian

administered kashmir with the rest of the country for the very first time by train. this is a truly imposing structure and the bridge runs a full 1.3 kilometres over the river. just to give you a sense of how high it is, take a look down there. that is the river bed and it's about 359 metres right to the top. just a comparison, that is about 35 metres taller than the eiffel tower. built by the indian railways, it is a link the government hopes will bridge long—standing barriers in this heavily militarised region. india has seen a continuing stand—off with pakistan over kashmir and a decades long insurgency in the region. this rail link will be crucial during peacetime and in conflict. it has a strategic

military objective. it can permit the transport of military personnel round the year to the border areas. which would make a significant contribution to strengthening our border security arrangements. and then there is the economic impact. at the storage facility, road blockages and landsides during transport are a major concern forfruit growers. seven in ten kashmir people depend on farming of perishable fruit. this man who owns the warehouse says the alternative to send produce by train could be a game changer. our only dependency right now is the highway. it's going to help in terms of having access to different markets, may be the southern parts of india, there will be more demand for produce and it will help increase the farming income.

kashmir is often called a paradise on earth. its breathtaking scenery has long been a draw for tourists. arrivals are up 30% in the first half of this year and the trains can bring in even more people. but a recent spurt in militant activity is a reminder of the fragile nature of this peace. without stability, better connectivity will go only so far in bringing about an economic revival to the region. other news now. executives are flying less and cutting one—day work trips by plane, according to the industry body the global business travel association. it says says that corporate travel will not return to pre pandemic levels until 2027, citing inflationary pressures, frustration with travel disruption,

and environmental concerns. some of the first uk bank notes featuring king charles have sold at more than 11 times their face value in a charity auction. almost £80,000 worth of the new notes, which first entered circulation injune, were put under the hammer in a series of charity auctions organised by the bank of england. one of the first £10 notes bearing the new monarch's portrait sold for £17,000. we can have a look at the markets. a rather tepid day in europe, now at a close. the ftse 100 the ftse100 is up by a third of 1% although it did go into negative territory at one point today. the

recent tensions in the middle east have affected the price of brent crude. it's the us which is setting the mood and over there, investors are cheering a drop in producer price inflation today, hoping it bodes well for consumer price inflation which is published on wednesday. that is it for the business until next time.

hello, i'm annita mcveigh. some breaking news. a court in uganda has found a former commander of the notorious lord's resistance army guilty of numerous war crimes and crimes against humanity — including murder, kidnap and pillaging. thomas kwoyelo, who was arrested in 2009, denied all 78 counts. it is the first time an lra commander has been tried in the country. for two decades, the group terrorised northern uganda abducting thousands of children, and forcing them tojoin its militia. with me is bbc africa editor, will ross.

this is a country you are familiar with because you were there five years during a lot of the violence that was taking place at the hands of the lord's resistance army, tell us a bit more about this group. the? us a bit more about this group. they came u- us a bit more about this group. they came up in — us a bit more about this group. they came up in the _ us a bit more about this group. they came up in the mid-19 _ us a bit more about this group. tie: came up in the mid—19 805 and came up in the mid—19 80s and opposed the government of the president at the time, and basically did not really have an agenda that anybody understood and they talked about wanting to govern the country under the ten commandments but basically they just went around killing people and abducting young children and then using them to attack their own communities, so they spread terror across the whole of the north of uganda for about two decades, at times as many 2 million people displaced and tens of thousands of children abducted and forced fight for this group which was incredibly difficult to defeat because it was enmeshed in the community in northern uganda. thomas

kwo elo had community in northern uganda. thomas kwoyelo had been _ community in northern uganda. thomas kwoyelo had been abducted _ community in northern uganda. thomas kwoyelo had been abducted himself- community in northern uganda. thomas kwoyelo had been abducted himself at l kwoyelo had been abducted himself at the age