twitter is banning all political advertising on its platform starting from the 22nd of november. in a thread on twitter, the company founder and ceo jack dorsey said that the reach of a political message should be ‘earned', rather than ‘bought‘. the us has released video of the raid that killed the is leader abu bakr al—baghdadi. us central command says these are pictures of the compound in north—west syria where baghdadi was hiding. firefighters in california are continuing to battle the blazes that are being fanned by strong winds and low humidity.

one fire is threatening the ronald reagan presidential library. unprecedented ‘extreme‘ red flag warnings have been issued for much of the state. more on our website — bbc.co.uk/news and the news app. now on bbc news, live to singapore for asia business report. markets for asia business report. cheer as the fed cuts agi wall markets cheer as the fed cuts again. wall street closes higher after the us central bank lowers rates for the third time this year. the sun shines on silicon valley. us technology giants apple and facebook give investors plenty of reasons to celebrate. welcome to asia business report live from singapore. let's start with the world economy because the us central bank has cut interest rates again, hoping to shield america from the impact of trade wars as well as the global slowdown. the federal reserve lowered the target for its benchmark

rate by 0.25%. this is the third cut injust four months. rate by 0.25%. this is the third cut in just four months. wall street welcomed the move, with the three main stock index is closing higher. the federal reserve chair indicated the new official interest rate of between 1.5 and 1.75% was an appropriate rate, suggesting he is downplaying expectations of any future rate cuts. he said if economic indicators remain the same, resilient household spending supported by strong jobs growth and inflation rate near the 2% target, the bank expects moderate growth. he was also a devout develop once in global trade. as with exit, it's still quite uncertain what will be the result of the election what the ultimate result will be but the tail risk of a non— negotiated no—deal brexit seems to have decreased, just asi

brexit seems to have decreased, just as i would say that the situation in the trade negotiation seems to have taken a step closer to resolution. trade developments aside, the bank will be monitoring risk factors including lower business investment, wea ker including lower business investment, weaker export and declining manufacturing output. federal reserve chairjerome powell said the us economy faces significant long—term challenges including income inequality but said that is the lawmakers to deal with and not the lawmakers to deal with and not the federal reserve. hong kong central bank has followed the fed by cutting the base rate to 296 the fed by cutting the base rate to 2% and later today, the territory will be releasing its latest growth figures. the finance secretary and the city's chief executive carrie lamb have warned the territory's economy will contract this year. —— carrie lam. there is a large likelihood that for the year 2019,

we will see a full year recession so this situation is highly serious. as i have stated in the policy address, the hong kong government closely monitors the development of the economy and will take appropriate measures. let's catch up with our tea m measures. let's catch up with our team in india. germany's chancellor angela merkel starts a 3— day visit later today. angela merkel and prime minister narendra modi will be discussing trade, regional security and climate change. what else are we expecting? we are expecting further deals involving renewables and also talks on how to develop artificial intelligence, especially for agriculture which is massive in india, considering the majority of the population here live in rural areas. the two trading countries

already have strong relations and a few days ago, the german parliament passed the motion calling for stronger trade ties with india. it's also important for india because germany is the largest trading partner it has in the european union currently. bilateral trade between the two currently stands at $20 billion. in terms of miranda remotely‘s ambitious plans to have a $5 trillion economy by 202a. any deal with germany would be a step in the right direction. thank you so much for that. two technology news because facebook has reported its latest earnings, with quarterly profits up 28%. it also posted a rise in profit coming in at $6 billion. that is as growth in the company slowed from a year earlier in the number of users to tire. in june, more than 2.8 billion people used at least one of its services.

facebook, instagram, whatsapp or messenger but the social media giant bases increasing pressure from regulators and analysts have warned of declining margins. mark zuckerberg has promised to spend more than $3 billion on safety and security. it employs 30,000 people working in the area. just last quarter, facebook announced a $5 billion settlement with the us federal trade commission. with la pses federal trade commission. with lapses in data security and privacy practices. just this week, the boss of instagram promised to remove images and drawings showing methods of self—harm or suicide. it follows public outcry over the death of a dish teenager molly russell who killed herself while reviewing graphic content on the platform. meanwhile twitter has said it will ban all political advertising worldwide, saying the reach of

m essa 9 es worldwide, saying the reach of messages should be earned, not bought. the announcement from the chief executive comes after facebook ruled out a ban on political ads. social media companies have come under particular scrutiny added the 2020 us elections. to another us tech giant, and that's apple. its shares have risen after it forecast sales for the crucial holiday shopping quarter that beat wall street expectations. the chief executive tim cook said the new iphone 11 is helping to ease the slowdown. he added that sales of ipod, watches and streaming services continue to rise. i think it's about time that we stopped thinking of apple isjust time that we stopped thinking of apple is just an time that we stopped thinking of apple isjust an iphone company. it's the strongest foundation for it but without its product lines, i

think apple would be half of what it is. the strategy of tim cook to rely less on iphone sales, that seems to be working? it's not about relying less on iphone sales, tim cook realises it's only going to grow so much so then it's about how do you get more revenue out of end users and if you look at it, it's very closely tied to the iphone. it's still very crucial. it's important to keep the momentum going but at the same time, keep growing its other product lines and services. of course, still among many consumers, the company is known as an iphone company. that sector faces a lot of competition, doesn't it? it's remarkable with the iphone11. with its earlier product, the competition

was rising much out of iphone because of some of the photography options, with the iphone 11 series, apple has come back in the race and a lot of people are buying a new iphonejust a lot of people are buying a new iphone just because of that. staying with the text, south korea's samsung says chip sales should pick up in 2020 after the company reported a 56% fall in third—quarter operating profit. the company is reeling from a prolonged industry downturn but interestingly, investors were warned about this profit fall. these are how asian markets are trading higher, except australia after the federal reserve cut interest rates for the third time this year and overnight we had all three major us stock indexes closing higher after that rate cut. that is all for asia

business report. give a watching. this is bbc news. our top story: social networking giant twitter announces a global ban on all political advertising — beginning next month. an inquiry into a police helicopter crash at a glasgow pub six years ago has found that it could have been prevented had the pilot followed emergency procedures. lorna gordon reports. it was a friday night in november and the clutha bar had been packed with people listening to live music when the police helicopter fell from the sky. are you 0k? cctv images released publicly for the first time show the shocked crowd spilling from the pub, the aircraft embedded in the roof. the days after revealed the devastation inside.

mary kavanagh was one of those who managed to get out. her partner, robertjenkins, didn't. robert went to the bar to get us a drink. and that's when the helicopter came down. i have been through almost six years now of wanting to know what happened that night and i still feel i don't know. there's still so many unanswered questions. in all, seven people inside the bar and all three crew including the pilot, died that night. more than 30 others were injured. the fatal accident inquiry had one key question at its heart, why did this happen? why did the helicopter crash onto the roof of the clutha that night? the sheriff concluded that the pilot david traill had ignored the low fuel warning is. he said that if the captain had followed procedures the accident would not have happened. ian 0'prey lost his son mark in the accident.

this report has brought him little comfort. ian 0'prey lost his son mark in the accident. this report has brought him little comfort. they've laid the blame totally on the pilot, david traill, and it makes me really angry. i think it's outrageous. where's the sheriff's evidence for it? the report praised the dignity of those bereaved. six years on, their grief is still raw, in this tragedy that shocked a city and changed many lives. lorna gordon, bbc news, glasgow. hello, i'm mimi fawaz and this is sport today, live from the bbc sport centre. coming up on this programme: live in houston, where the astros

are playing in the world series final. liverpool are through to the league cup quarter—finals after a 5—5 draw — and penalty shoot—out against arsenal. defending champion, elina svitolina through to the semis of the wta tour finals in shenzhen. we start with baseball and the battle is on to see who'll win the world series. the deciding game between washington nationals and houston astros is underway at minute maid park in houston — and we can go live to our reporter tulsen tollett. ican i can tell you, the atmosphere here compared to 2a hours ago is absolutely incredible. the houston astros were 1—0 up. it's been quite

an occasion. you can't really see here, washington supporters, over this way, so many supporters here. i don't think you need me at all. i don't think you need me at all. i don't think you need me at all. i don't think you need me. let's go through here. come through here. this man here. zach has been the standout player. let me ask you, probably the most perfect innings in this world series. absolutely. bring oi'i this world series. absolutely. bring on the championship. let's go, baby.

we're going to need a couple more but he's got it in us. have a look at this. these are happy people over here. happy families indeed. as i said, the atmosphere has been unbelievable so far this evening. compared to the opening, 2a hours ago. the astros fans are getting through. i'm just going to finish. wa nt through. i'm just going to finish. want show you something here. walk around this way. and just in here, just have a look at this. this man has had a few home runs this year. $20,000 for the shirt he wore in the first game. this showed here, the one he wore last night in game six, $25,000! if you have some spare cash then this is something