we'll bring you the maiden voyage of a ship that runs on a new low carbon fuel. a brand—new week. welcome to asia business report with me arunoday mukharji. we begin in the us where workers of the top three american carmakers are threatening to expand a historic strike which is on its third day now. the united auto workers want conditions for its members to improve across the board including a 40% raise in pay over a four year contract. the auto companies are so far offering raises of about 20% in return. only 12,000 of the uaw�*s 150,000 workers have joined the strike, but, in an interview on us television, us president shawn fain warned of a much larger action. —— union president. if we don't get better offers and we don't get down and take care of the members�* needs we are going to amp this thing up even more.

we're prepared to do whatever we have to do, so, the membership is ready, the membership is fed up. we're fed up with falling behind. it's been decades of falling behind and especially this past decade, in the most wealthiest times of the history of these companies, there is no excuse, these companies have made a quarter of a trillion dollars in the last ten years. $21 billion in the last six months alone. and our workers�* wages and conditions have gone backwards police. police in southern china say they've detained some staff at the wealth management unit of embattled property developer evergrande. the identity of those who've been taken by authorities and the charges that they might be facing are unclear at this stage. evergrande is at the centre of a crisis in china's property sector which has seen a string of debt defaults since late 2021. focusing on the business calendar which this week is heavy with central—bank meetings. taking a look at what we're looking ahead to. on wednesday, china's central bank will be holding

its monthly review on the cost of borrowing. the people's bank of china uses a one—year rate to price loans for businesses needing credit and a five year tenure to guide mortgage rates. that's the same day the us federal reserve is also going to be deciding on its interest rates which is currently above 5% in the world's biggest economy. and finally, we'll be ending the week on friday with some numbers coming out by the bank ofjapan and we'll know what it plans to do with its monetary policy. steady price gains in the country may have reached a pace that will lead the central bank to perhaps move closer exiting decades of ultra easy monetary policy. earlier, i spoke to market analyst tim waterer and he told me central banks are facing extra pressure from higher energy prices. yeah, it's looking that way. we've seen a tickup in energy prices recently. we saw that play out in the us data last week, we saw cpi, ppi moving higher

as well as retail sales. so i think that move higher in oil prices will be keeping the fed on their toes moving forward. so this week, the fed likely to stay on hold, i think november could be a live meeting in terms of possible another hike from the fed — it all depends on the rate of disinflation between now and then. in terms of boe, we think that'll be a close call this week. we know that uk inflation is still running quite high at 6.8%, well above target, so there's a lot of wage price pressure in the uk at the moment. so it's just a balancing act for the boe at the moment, trying to rein in that inflation but not trying to tip the economy into a recession because uk growth fairly stagnant at the moment, so, yes, some key decisions coming up but i think, yeah, the move higher in inflation due to the energy crisis will be worrisome for some central banks around the globe at the moment. —— due to those energy prices. and speaking of that, moving on to china which really faces a different sort of challenge — low inflation and slashing interest rates —

is the monetary policy stance that has been taken there enough to really boost the flagging economy? the jury's still out on that at the moment. it's a different approach by the chinese authorities. more of an incremental, measured approach. different to the all in efforts we've seen by western central banks. it remains to be seen which is best. i think they're concerned about the weakening yuan. 0bviously that's down more than 5% here today and that's having an effect on the prices they're paying for imports at the moment, so i think we'll see probably more of that incremental approach going forward. this week we will be looking at the lone prime rate. so the one year to five year which relates particularly to mortgages in china. once again we could be seeing some tweaks to those rates going forward, if not this week i do think we'll see a continuation of china cutting some of these key lending rates, once again to try and boost confidence among the consumer sector and also trying to prop up the property sector which has been a bit of a source of concern for some time now. do stay tuned to a is a users report through the week

do stay tuned to asia business report throughout the week. switching focus now, the rugby world cup is under way in france. australian supporters, it seems, are very happy to spend $5,000 or more to travel and support the wallabies — the nickname for the national rugby team there. earlier i spoke to travel agent holden 0'kean whose explained to me why there is so much demand around this particular rugby world cup. the demand has been massive for this world cup. coming out of the pandemic and going into these last couple of years have sparked interest into the whole world of travel. being a european world cup as well and the chance to spend a longer time in europe and visit neighbouring countries has driven demand particularly in australia and new zealand for extended trips. holden, it is a long way to go to watch a rugby match. what is the profile of the people who are going ahead with this? we deal with a lot of mid

to high income individuals and a lot of corporate groups as well. we're seeing a lot of those people are currently travelling. as you mentioned, it is an extended period of time so people are spending a lot more money travelling in europe. it is a long way to come from australia as well. so those are the sort of people we are generally seeing, particularly towards the finals where the tickets are more expensive and obviously the price of the hotels reflects that also. holden 0'kane also said this indicates more spending in the travel sector in other sectors of travel as well. taking you to denmark now where a new ship has been unveiled that runs on and low carbon fuel called green methanol. it's owned by shipping giant maersk and it's the first container vessel to use this kind of technology which is hoped could pave the way for a cleaner maritime industry. from copenhagen, adrian murray with this report. sailing from south korea to denmark, this ship's maiden voyage has been powered by a new cleaner fuel

called green methanol. i name you laura maersk. and now in the very heart of copenhagen, a naming ceremony the first of its kind vessel. just a few years ago, a large vessel, sailing on green methanol would have been unlikely, perhaps even impossible. for the last century, most ships have sailed on marine diesel, a dirty carbon—heavy fuel. so this cleaner alternative is a milestone for an industry that is one of the world's biggest emitters. laura can carry 2000 containers. slashing emissions by nearly two—thirds. a fully clear liquid in liquid form normal temperature and normal pressure. another 20 larger ships ordered by maersk will be on the water by 2025, and now

other firms are following. so far we have taken a bet on green methanol and that was really out of the conclusion that the technology was here. it could work, it was economically viable, it was not perfect and scalable for the whole transition but that was a good first step to take. it's both incredibly expensive and limited in supply so how are you going to get your hands on enough of it? we've been in a long time in a chicken and egg situation. as soon as the ship was ordered, many other projects have started to be developed. this green methanol plant in southern denmark will be the largest when operations begin next year. burning green methanol is not emission free but making it takes in waste carbon from biomass such as crop waste and manure and in theory, that largely balances out the carbon that gets released later. it's green because it's made

out of renewable energy. the c02 that we take and add to the hydrogen to form methanol, it comes from the natural carbon cycles that would otherwise have gone to waste. the methanol engine was developed at this research facility. but engineering firm man is already looking towards the next generation of engines. we actually foresee other pathways as well. it could be ammonia where we're currently making some developments, but it could also be synthetic and natural gas, for example. it could be biofuel. local environmental groups have welcomed maersk�*s new ship but says the wider industry must do more. we need the whole sector to get a zero emissions and for that we will need a strong price on carbon, and all greenhouse gas emissions and we need requirements for all shipping companies to start using these new green fuels. while other clean technologies are developed, these new ships could prove to be an important

breakthrough. as the industry looks to chart a greener course. and before we go, a quick recap of our top story once again. workers of the top three american us carmakers are threatening to expand a historic strike which is on its third day. we will have more on that on our bbc news website. thanks very much for watching. bbc news. bringing you different stories from across the uk. changing the landscape in a dramatic fashion. limbs outstretched against a backdrop of blue. it's hard to believe that such a striking pose was born out of an old lobster pot washed up on the shore.

i imagined the lobsters would have escaped. from these cavities. i immediately thought i could place four figures and i turned into a human story of and release and a dash for freedom. the plinth and first sculpture were installed in 2018 with constellation, a solar system style celebration of past and present. every digit, muscle and sinew was sculpted by hand and the figures cast in bronze. i love it. yeah, i loved the one before, a constellation. ijust love brighton on hove, love the seafront and something like this, it brings people to it. gives them something different to look at. gradually over time, it is hoped these free frame of figures will become a focal part of the seafront scenery. for most stories from across the uk head to the bbc news website.

—— more stories. bbc news, bringing you different stories from across the uk. ,, ., ., different stories from across the uk. ,, a, a, , a, , the uk. stunning natural beauty but it comes _ the uk. stunning natural beauty but it comes as _ the uk. stunning natural beauty but it comes as a _ the uk. stunning natural beauty but it comes as a cost. - the uk. stunning natural beauty but it comes as a cost. the - but it comes as a cost. the popularity of areas like the clean peninsula for second homes and holiday let is one of the reasons people often can't afford to buy in their own communities. the council wants fewer second homes and to force people to have planning permission to own one in future

but it admits that might lower house prices which could hit current homeowners.- house prices which could hit current homeowners. there are feelin . s, current homeowners. there are feelings. why — current homeowners. there are feelings, why the _ current homeowners. there are feelings, why the council - current homeowners. there are feelings, why the council doing| feelings, why the council doing this to my property? and it is very easily to take it personally.- very easily to take it personally. very easily to take it ersonall. ., , ., , ., personally. changes to planning laws means _ personally. changes to planning laws means councils _ personally. changes to planning laws means councils have - personally. changes to planning laws means councils have more| laws means councils have more control over property use. second homeowners here already paid much more council tax and now they want to bring in a so—called article four to bring in new laws. it says they have a huge housing crisis and will use whatever tools it can to let people live in their own communities.— let people live in their own communities. there are whole villaues communities. there are whole villages where _ communities. there are whole villages where it _ communities. there are whole villages where it is _ communities. there are whole villages where it is just - villages where it is just empty. villages where it is 'ust em . ~ villages where it is 'ust em .~ . villages where it is 'ust em _ . ., , villages where it is 'ust em .a . , villages where it is 'ust em .~ . , ., empty. we have been coming on holida s empty. we have been coming on holidays to _ empty. we have been coming on holidays to this _ empty. we have been coming on holidays to this area _ empty. we have been coming on holidays to this area for - holidays to this area for years _ holidays to this area for years. we have been going to the same _ years. we have been going to the same cottage but now the council — the same cottage but now the council tax thing has tiptoed over— council tax thing has tiptoed over the _ council tax thing has tiptoed over the edge. she council tax thing has tiptoed overthe edge. she is council tax thing has tiptoed over the edge. she is no longer going _ over the edge. she is no longer going to — over the edge. she is no longer going to let it out. she has put — going to let it out. she has put up _ going to let it out. she has put up for sale. if going to let it out. she has put up for sale.— going to let it out. she has put up for sale. if the council decides to — put up for sale. if the council decides to press _ put up for sale. if the council decides to press ahead - put up for sale. if the council decides to press ahead with l put up for sale. if the council i decides to press ahead with the controversial move it will come into force a year from now. for more stories — into force a year from now. fr?" more stories from across the uk, heads to the bbc news

website. hello. welcome to sports day. these are the headlines. england edged closer to the quarter finals, butjapan impress again at the rugby world cup. while there's a shock win for fiji over australia. arsenal move past everton and back into the top four in the premier league. and in formula one, carlos sainz wins in singapore as ferrari finally finished first to end red bulls winning run. we'll start with the rugby world cup, where england

were looking for a statement win overjapan. they got the win, running in four tries for a 34—12 victory, as japan made it a tough night for england. it was neither a scoreline nor a performance to worry any of the tournament's main contenders. lewis ludlam forced his way over from close range, for the only try of a first half littered with england errors. we probably didn't perform the way we wanted to again, but credit to them. they made it really, really tough for us. the ball was so greasy, and they played in the right areas of the pitch and made us really run and work hard to fill position as well. so yeah, we're, we're not happy but we're, we're glad we've got the win. fiji caused the shock of the tournament so far. they beat australia, 22—15, in pool c. josua tuisova scored the fijians�* only try of the game, to give them their third ever win over the wallabies.