rupert murdoch media empires. rupert murdoch has stepped down as the chairman of newscorp and fox corp, ending a career that saw his business go from australia, all the way to the united states. our correspondence with the latest from new york. at 92 years old, rupert murdoch has been preparing for this day. his son is chief executive for box and his siblings are in the way. the elder mr murdoch has been known to joke that he intended to leave his company feet first and perhaps in that spirit rupert murdoch said he will remain close at hand, keenly watching his media outlet�*s offerings and reaching outlet�*s offerings and reaching out with thoughts, ideas and advice. you will become a emeritus chairman of both companies in mid—november. it is hard to overstate mr murdoch's influence on the media and political landscape domestically and around the

world. his news platform capitalised on waves of right—wing populism in the united states and elsewhere that sometimes repelled conservatives to power and shape public opinion in their favour, sometimes landing in legal trouble. favour, sometimes landing in legaltrouble. fox favour, sometimes landing in legal trouble. fox news, the crownjewel legal trouble. fox news, the crown jewel in legal trouble. fox news, the crownjewel in his portfolio, settled a defamation lawsuit from the application of president trump was a false claims about the election for a historic $787 million. with another lawsuit in the works and with streaming and digital encroaching on mr murdoch's cable and newspaper empire, the younger mr murdoch will have his hands full. now to the developing story in western australia were a group of unions have announced they have accepted the proposals of an arbitrary deal to resolve disputes at chevron�*s two major liquefied natural gas projects. it follows a similar move by the american energy giant which said earlier it was agreeing to the arbitrators terms. this should hopefully bring an end

to two weeks of strike at the facility, says analyst, and for more on that is an independent expert on australian soil and gas industry and hejoins us now from houston. could you happy back on the programme. just a short while back we were talking about the prospects of this ending. what is the latest you are hearing? this is over and that is final?— and that is final? that is ri . ht. and that is final? that is right- the _ and that is final? that is right. the threat - and that is final? that is right. the threat of - and that is final? that is| right. the threat of these abstracts —— strikes at the lng projects has ended and this is without an impact on global gas supply occurring and not a drop of domestic gas was lost either. this should really draw to a close now the threat of strikes across australia's lng facilities as most have entered agreements would last for a few years with the possible exception of some potential action at the northwest shelf lng plants next year. as a result we expect the risk

premium partially subsided but what this really highlights is how fragile the global gas market is in the wake of the withdrawal of russian supply last year on global gas markets are going to stay on edge towards any kind of risk of supply disruptions over the next few years.— supply disruptions over the next few years. that is a good oint next few years. that is a good point you _ next few years. that is a good point you raise _ next few years. that is a good point you raise that _ next few years. that is a good point you raise that it - next few years. that is a good point you raise that it is - point you raise that it is still a fragile sort of situation, fraught with worries. what more do you think can be done to try and insulates this in these kinds of circumstances? it insulates this in these kinds of circumstances?— of circumstances? it is very difficult- — of circumstances? it is very difficult. it— of circumstances? it is very difficult. it is— of circumstances? it is very difficult. it is quite - difficult. it is quite remarkable that a few hundred workers from western australia have managed to roil global markets and cause tens of millions of dollars in movements but it has happened because there is no resilience left in the global gas system. all the easy levers to pull to reduce gas demand have been exhausted over the last 12 months and the market cannot absorb another shock and that is why it is important particularly for the next few years when there is not a lot

of supply coming online and while russian supply is off—line it that the ministry maintains and any threats whether it is union action here but other disruptions we could see around the world or even demand strikes. more recently we have seen a pickup in demand in northeast asia. any of these actions can start to see prices spike at a global level. we can't separate a and australia from us europe anymore and that is why traders are on edge and thatis is why traders are on edge and that is why global energy security is in such a parallel state for at least the next few years. state for at least the next few ears. ~ state for at least the next few ears, ~ ., , , . ., state for at least the next few ears. ~ years. we appreciate you “oinini years. we appreciate you joining us _ years. we appreciate you joining us back _ years. we appreciate you joining us back on - years. we appreciate you joining us back on the - joining us back on the programme with your perspective on what this means globally and details on the resolution that has been arrived at. thank you very much. switching focus to now another labour dispute that we have been tracking closely and that is affecting some of the largest car manufacturers in the united states. with a fast approaching friday deadline for a threatened

expansion of those strikes, there is still no sign of a deal between the united auto workers and the detroit three automakers. the now seven—day stand—off has sparked fears about a negative impact that could ripple through supply chains and also possibly dead us economic growth. so, we will be tracking the fallout of that very closely here on the bbc and getting updates as and when they do come in. let's turn to wall street because there has been a broad sell—off in us markets after the federal reserve officials that they will be keeping interest rates higher for longer. will be keeping interest rates higherfor longer. all will be keeping interest rates higher for longer. all three major us stock industry are stumbled more than 1%, as you can see they're up on our screens. it was following remarks by the fed chairman jerome powell warning inflation still has a long way to go before it approaches the comfortable central bank's 2% target. but the fed's restrictive policy has global repercussions, so what is that

impact that we need to be aware of? our business correspondence across key economies from the west to the east break it down for us. ., ., ., ., for us. hello. i am in london where the — for us. hello. i am in london where the bank _ for us. hello. i am in london where the bank of _ for us. hello. i am in london where the bank of england i for us. hello. i am in london l where the bank of england has unexpectedly kept interest rates on hold. that follows 1a successive rate rises which are seen at the cost of following up seen at the cost of following up from 0.1% to 5.25% which was done with one goal in mind — to keep inflation under control and it does seem to have been working. prices are still rising rapidly but not nearly as rapidly as they were a couple of months ago. but that has given the bank a dilemma. does it stick? keep rates on hold or keep spiralling upwards? increasing interest rates comes with a cost. people on variable rate home loans are seeing their payments go up. businesses with high levels of debt find that harder to sustain. there is a risk of

choking of economic growth and on this occasion the banks decided to stick and keep rates on hold. that is the situation in the uk. now, let's see what has been going on in india. after raising interest rates india — after raising interest rates india is_ after raising interest rates india is a _ after raising interest rates india is a central bank has kept — india is a central bank has kept the _ india is a central bank has kept the key lending rate steady— kept the key lending rate steady at 6.5% for the last six months — steady at 6.5% for the last six months but the core focus is still— months but the core focus is still on — months but the core focus is still on taming rising prices and — still on taming rising prices and the _ still on taming rising prices and the market here in suburban mumhai— and the market here in suburban mumbai tells us why. active monsoons have driven up food prices — monsoons have driven up food prices for— monsoons have driven up food prices for rice and particularly for vegetables, forcing _ particularly for vegetables, forcing the government to come up forcing the government to come up with— forcing the government to come up with subsidies and export hands — up with subsidies and export bands but the consumers are feeling — bands but the consumers are feeling the pinch the most. household savings have dipped to the — household savings have dipped to the lowest in decades and there — to the lowest in decades and there are _ to the lowest in decades and there are fears that in the upcoming festive season people will he _ upcoming festive season people will be spending a lot less. that— will be spending a lot less. that is— will be spending a lot less. that is get will india. let's see — that is get will india. let's see what— that is get will india. let's see what is happening in the rest — see what is happening in the rest of—

see what is happening in the rest of asia. | see what is happening in the rest of asia.— see what is happening in the rest of asia. i am in singapore were usually _ rest of asia. i am in singapore were usually this _ rest of asia. i am in singapore were usually this area - rest of asia. i am in singapore were usually this area would l rest of asia. i am in singapore l were usually this area would be bustling with chinese tourists but they are not travelling or spending at the moment. not because of high prices but low confidence in the economy. what other central banks are rising the interest rates and the people's bank of china is lowering them. they are trying to lift the gloom around the economy. typically chinese consumers buy property as a way of investing their money but the market is in disarray and it is making them nervous, but don't expect anything too drastic from the chinese communist party. so far, their manager has been "everything is under control, nothing to see here" but the roots of china's economic problems run deep and it is not going to be solved with a quick fix. and that is the view from around the world. what if i told you that changing the shape of an aeroplane could cut its carbon emissions in half? a company called jet zero is promising

that and we met with the boss at the headquarters in california. it at the headquarters in california.— at the headquarters in california. it is a great enabler _ california. it is a great enabler of _ california. it is a great enabler of this - california. it is a great i enabler of this particular shape. _ enabler of this particular shape, so we can build this shape _ shape, so we can build this shape which is more efficient, what — shape which is more efficient, what level needs right now, most — what level needs right now, most is _ what level needs right now, most is a _ what level needs right now, most is a step in aviation and that— most is a step in aviation and that is— most is a step in aviation and that is exactly what this new airframe _ that is exactly what this new airframe can provide. if that is exactly what this new airframe can provide.- airframe can provide. if you are talking _ airframe can provide. if you are talking about _ airframe can provide. if you are talking about the - are talking about the possibility of 50% savings in efficiency and fuel burn, our airlines just knocking down your door? airlinesjust knocking down your door?— airlinesjust knocking down our door? ~ , . ., your door? absolutely. we are talking to _ your door? absolutely. we are talking to all _ your door? absolutely. we are talking to all the _ your door? absolutely. we are talking to all the major - talking to all the major elements globally because 50% has not — elements globally because 50% has not been on the table. they are used — has not been on the table. they are used to _ has not been on the table. they are used to a percentage point or two— are used to a percentage point or two based on their configurations so they are interested in this.- configurations so they are interested in this. and it all sounds very promising. - interested in this. and it all| sounds very promising. let's talk about the reality. where are we at? you will build a prototype. when will it be in the accu hare prototype. when will it be in the acc ., ., ~ the accu we are working with

nasa and _ the accu we are working with nasa and the _ the accu we are working with nasa and the air _ the accu we are working with nasa and the air force - the accu we are working with nasa and the air force to - the accu we are working with i nasa and the air force to build a prototype to demonstrate the capacity— a prototype to demonstrate the capacity for performance with this airframe at full—scale. that— this airframe at full—scale. that is— this airframe at full—scale. that is a _ this airframe at full—scale. that is a four year programme. 2027, — that is a four year programme. 2027, before that plane. and then— 2027, before that plane. and then certification and scale to manufacturing. bring it to the market — manufacturing. bring it to the market. that is how you address it. ., , ., ., market. that is how you address it. ., ., ., market. that is how you address it. that is all gone out on asia business _ it. that is all gone out on asia business report. . it. that is all gone out on - asia business report. thanks for watching but do stay with bbc news. bbc news — bring you different stories from across the uk. the e es of stories from across the uk. the eyes of the _ stories from across the uk. the eyes of the world _ stories from across the uk. tue: eyes of the world are stories from across the uk. tta: eyes of the world are set stories from across the uk. t“ta: eyes of the world are set on france at the moment as the best rugby teams compete for the sports's biggest trophy. but did you know that every team competing at the tournament is using a scrum technique developed right here in somerset? those three words put together at the university

of bath are now being said before every scrum in professional rugby. the idea is to reduce the force of a scrum ljy to reduce the force of a scrum by 25%, therefore reducing the risk of injury. what we say? two, three. tt risk of injury. what we say? two, three.— two, three. if we can help --eole two, three. if we can help people from _ two, three. if we can help people from having - two, three. if we can help people from having a - people from having a catastrophic injury which would affect their lives but also players who have scrunched a lot over the years if we can reduce the possibility of them having neck problems as they are retiring and getting older than that is really positive. and is notjust the weight that scrummaging is done that is changed. it has changed the way that teams warm up for matches globally so the next time you hear "crouch, bind, said" at the world cup, it all started here in somerset. for more stories from across the uk, head to the bbc news website.

iam dylan i am dylan wood the catch up. tonight, tiktok frenzy. academics talk taylor swift and a precise parachute landing. the first — abelman in los angeles has decided to speak publicly for the first time about an incident in 2008 involving russell brand that she says happened in an office building shared with the bbc. the woman who worked for another media company says that russell brand exposed himself to her and laughed about it on his radio 2 show. russell brand has not responded to this allegation but has previously denied any wrongdoing. next up — a denied any wrongdoing. next up - a bbc denied any wrongdoing. next up — a bbc investigation has found tiktok is driving online frenzies that encourage antisocial behaviour in the real world. ex—employees say that tiktok is not doing anything to stop the growth of the videos because they do not want to lose users.— want to lose users. they don't want to lose users. they don't want to lose users. they don't want to stand _ want to lose users. they don't want to stand in _ want to lose users. they don't want to stand in the _ want to lose users. they don't want to stand in the way - want to lose users. they don't want to stand in the way of. want to stand in the way of entertainment growing on their platform. it is about money.

the more users they have on the platform watching videos they can sell more ads. it is the most addictive platform we have encountered yet.— encountered yet. some other stories now, _ encountered yet. some other stories now, and _ encountered yet. some other stories now, and five - encountered yet. some other stories now, and five peoplel stories now, and five people from bulgaria who have been living in the uk have been charged with spying for russia. the three men and two women will appear in court next week. after sophie turner has sued joejonas for the return of joe jonas for the return of their kids to joejonas for the return of their kids to england. he says he will not hand over the passport following the split. australia will host an academic conference on the impact of taylor swift. it will discuss the impact on music, culture and even the economy. finally — is ten seconds of potentially the best and to a skydive you will ever see. as a skydiver perfected and incredible landing on an inflatable unicorn at a skydiving festival in nottingham. that is it from me. you are all caught up.

hello. i'm mark edwards and welcome to sports day. it is what is coming up on the show. a record—breaking win for france but at what cost? a nightmare for the hosts as a player comes off injured. hat player comes off in'ured. not [on player comes off in'ured. not long until * player comes off in'ured. not long until this h player comes off injured. not long until this happens for real. we preview the sondheim

cup and review the opening pairs. and a scare for liverpool with their thursday night europa league adventures beginning with a win. hello and thank you forjoining us on sports day. it a moment that has the entire collective french rugby public holding its breath. their talismanic captain, the 2021 world player of the year and arguably the finest player currently on the planet is transported to hospital after being involved in a head—on head collision in france's record—breaking win overin france's record—breaking win over in the media. the world cup hosts made three wins from three with the demolition job 96-0, three with the demolition job 96—0, their biggest ever winning margin but the injury will dominate headlines. in the

media captain red