i'm babita sharma with bbc world news. our top story — donald trump has blamed a slip of the tongue for saying moscow did not meddle in american elections. his statement at the helsinki summit triggered outcry among american politicians. but he has now said he has full faith in the us intelligence services‘ claim of russian interference. the families of the boys trapped in the thai cave are preparing for their homecoming. the boys are expected to be discharged from hospital later on wednesday. and the world's fastest man, usain bolt has set himself a new goal — to become a professionalfootballer. he's now been offered a trial by the central coast mariners in australia — and hopes to swap the track for the field permanently. that's all. stay with bbc world news. and the top story in the uk. theresa may has narrowly survived a commons vote on a key plank of her brexit proposals. mps backed the prime minister's trade strategy by a majority of six votes.

now on bbc news, live to singapore for asia business report. our social media companies filtering political content? technology bosses are grilled once again by us lawmakers. and a first forjapan, mitsubishi unveiling the world ‘s first produced passengerjet at mitsubishi unveiling the world ‘s first produced passenger jet at the airshow. good morning asia. hello world. it is a wednesday, glad you could join us for another exciting edition of asia business report. is becoming a very familiar sight. the world ‘s biggest technology

companies facing questions in us congress. the latest session saw facebook, twitter and youtube facing questions from the house judiciary committee about how they filter content and whether there is a political bias in those decisions, something that the companies have all denied. for more, i am joined something that the companies have all denied. for more, iamjoined by monica miller. fiery exchanges from executives and politicians. if you wa nt executives and politicians. if you want a taste of how contentious things are in washington, watch a few minutes of this. democrats coming offjust 80 few hours prior, this jawdropping press conference between donald trump and vladimir putin in regards to meddling in the us campaign. this is what the democrats were asking, these giants of social media, how much do they know and how much do they abuse their platforms in terms of the russians putting holes information on there. on the flipside, the republicans are saying that social

media giants are censoring their material and taking it off. that is something that the big social media giants, twitter, youtube and facebook have vehemently denied to this point. what was the outcome of the discussion? did the lawmakers get the answers they wanted from facebook, twitter and youtube? this may be the one issue they agree on is that they didn't get those a nswe i’s. is that they didn't get those answers. how do you define fake news? when you pull it down? the person representing twitter said this needs to be a safe place for freedom of speech, but then they came back and said are you and use company or a publisher? they said thatis company or a publisher? they said that is something they are not. it isa that is something they are not. it is a murky area as to how they were going to do this, however they say they are making waves that they are working with people to try and work within what lawmakers are asked in, they are not convinced. a lot of questions. at a time when trade

tensions and trade tariffs between the united states and its partners japan and the european union have done the opposite, signing a historic free trade deal. this agreement removes almost all tariffs and covers nearly one third of the world's economy. rupert has more from tokyo. this is a huge and public heavy trade deal, but they will be significant winners on both sides. for the eu, one of the big winners will be the food and agricultural export area. that means if you are a japanese wine lover and you love french wine, it will be good as this will get a lot cheaper. if you like eating european cheeses it will be good because this stuff right now in japan is incredibly expensive to pick if you are a beer drinker, there is going to be more choice. at there is going to be more choice. at the moment, japan was that beer market is heavily regulated at regulations are different from europe, those will be harmonised and that should mean more choice for beer drinkers. 0n the japanese side,

the real big winners are going to be the real big winners are going to be the car industry. this is a toyota, every toyota shipped to the european union, they have taken % tariff on every single car. south korea three yea rs every single car. south korea three years ago did its own free—trade agreement with the eu, that means south korean cars are going in eu tariff free, japanese carmakers want to catch up. there is one more thing. this car, this toyota was actually made at that in england. —— ata actually made at that in england. —— at a factory. the japanese car manufacturers have big factories in britain which export to the eu. when this agreement comes into force and when britain leaves the eu, the logic for making these cars in britain kind of disappears. so while the ink dries onjapan‘s lateral pa ct the ink dries onjapan‘s lateral pact with the eu, trade negotiators from the 11 countries remaining in the tpp are injapan to discuss whether to include new members in

the grouping. this comes at a time when some are questioning whether the current structure for global, space on a multilateral the current structure for global, space on a multi lateral system is working. i asked space on a multi lateral system is working. iasked deborah space on a multi lateral system is working. i asked deborah if the tpp 11 would work without the us.” think it would be quite successful even without the united states. it would be better if they were in but u nfortu nately would be better if they were in but unfortunately at this point they are not in. it is ok, we are moving ahead nicely, we have two countries that are ratified, mexico and japan, we need for more. by the first quarter next year tpp 11 will be entering into force, it is very soon, 6—8 months we should have tpp 11 active. which other countries could bejoining the 11 11 active. which other countries could be joining the 11 sooner rather than later? the first country to formally ask for permission is columbia. a couple of other countries that are ready, south korea is ready but they haven't formally asked yet. taiwan is ready,

a tricky little situation, but they are ready. 0ther a tricky little situation, but they are ready. other countries that are potentially in the queue but more challenging is thailand and possibly further down the list, indonesia. challenging is thailand and possibly further down the list, indonesiam other business news making headlines, investment bank goldman sachs has confirmed that its next chief executive will be david solomon, he is currently the chief operating officer and will take over for the current executive, who is stepping down after 12 years of. the bank reported a jump in second—quarter profits to just over $2.3 billion. we have been bringing you the latest aviation news from the farm broke international air show all week and japan's first domestically produced at a jetjet, mitsubishi regionaljet, domestically produced at a jetjet, mitsubishi regional jet, made domestically produced at a jetjet, mitsubishi regionaljet, made its debut. it faces stiff competition from the biggest manufacturers, who are now turning their sights on building smaller aircraft. we spoke

to the chief executive. iam very i am very much confident because this aircraft, they are the first of oui’ this aircraft, they are the first of our demonstration today and it is so successful that for many people this is the brand—new and cruise ship design in the regional aircraft class. it is a very quiet and fuel efficient and comfortable, air plane there. but this programme is years behind schedule and heavily overbudget as well, isn't it? behind schedule and heavily overbudget as well, isn't mm behind schedule and heavily overbudget as well, isn't it? it is very much, yes, i'm happy for me and for the people who were engaged in this project. but primarily, we have found our strength i working together with all the engineers coming from every country. but since this programme was conceived, airbus

and boeing have moved into this market. a you sure you have the power to compete with that? we are still very friendly with boeing and other companies. so yes, the companies, will use all of our technologies and the technology companies for every aspect of the industry. theo has been busy because the role of test pilots is crucial to make sure that every aircraft works properly. as part of the airshow coverage, he visited where the world best kept their training at written‘s they must empire test pilot school. —— britain. —— britain's famous. this cockpit is basically a

classroom. is where future generations of elite test pilots can learn about just generations of elite test pilots can learn aboutjust how to analyse the way the aircraft flies, but also the way the aircraft flies, but also the way electronics works because electronic systems are an increasingly important part of the aviation industry today. feared there at the empire test pilots. it lets have a look at the market. —— viau. currently well entrenched in positive territory because the nasdaq, the s&p 500 and the dow all finished in positive territory as the us central rank chief offered and up appraisal of the economy. sport today is coming up the economy. sport today is coming up next. this is bbc news — the top stories this hour. president trump has said he accepts that russia tried to interfere in the 2016 us elections — directly contradicting

what he said after meeting vladimir putin in helsinki. the twelve boys who were trapped in a cave complex in northern thailand are expected to be released from hospital later on wednesday. the public spending watchdog has dismissed suggestions that the government's promise to increase nhs spending could be paid for with a "brexit dividend" and claims the government's promise to boost the nhs with an extra £20 billion over the next five years will require tax rises or spending cuts. 0ur economics editor kamal ahmed reports. it seemed like such a simple offer. lots more spending on the nhs paid for by supposedly the brexit that end and this. across the nation, taxpayers will have to contribute a bit more in a fair and balanced way to support the nhs we all use. a bit more tax, but can billions of pounds

for health be found so easily? the government's own economics watchdog is not convinced. if the government did announce any other tax increases oi’ did announce any other tax increases or spending in other increases, you would see the pressure on finance is mounting for years to come. you would be starting off with a more expensive health service to pay for and then in future years the cost of that would rise as per the population gets older. the government says it can pay for at least some of this new money for the nhs by what it calls the brexit dividend, is there a brexit dead—end? dividend, is there a brexit dead-end? the impact of brexit, and we don't know quite what it will look like yet, is likely to mean a smaller economy and fewer tax reve nu es smaller economy and fewer tax revenues and that is probably likely to outweigh any reduction in the money that we need to pay directly to brussels as part of the eu budget. this is the challenge the obe r budget. this is the challenge the 0be r has set the government. should it borrow more to help fund the nhs? that might be difficult, the government's debts are already £i.8

trillion. should it cut spending? that might be hard. the government has already been cutting spending for nearly a decade. that lee's tax rises. and my reading of the 0be todayis rises. and my reading of the 0be today is that it thinks those rises could be substantial. paying for public services is expensive and that has put the government in a bind. spend more to improve the nhs, but also keep trying to tackle our national debt. the direction of travel is clear. tax rises at head for our health—care. it could mean more tax on our incomes or on fuel or higher business taxes. when will we know? november in the diary, the budget, when all will be revealed. iamon i am on twitter. mike is here with the rest of the headlines in 15 minutes time. now, it's sport today. see you soon. hello, this is sport today,

live from the bbc sport centre. coming up on this programme: joe root hits an unbeaten century as england thrash india by eight wickets to claim a 2—1 win in their one—day international series. french celebrations continue, this time in cycling, as julian alaphilippe claims an impressive solo victory on stage 10 of the tour de france. and tiger woods says this year's open championship at carnoustie gives him his best chance of claiming a 15th major title. hello, and welcome to the programme. we start with cricket news, and england have put down a real marker for next year's world cup, which they're hosting. they thrashed india by eight wickets in the third one day international at headingley, and it means they clinch the series 2—1. england are the top ranked side in the 50—over format and this victory over the side ranked below them will strengthen their tag as favorites ahead of next year's tournament. with all the details here's our reporter henry moeran.