us stocks see their worst sell off since early august — as concerns about the health of the american economy grow. and cathay pacific finds faulty engine parts in nearly a third of its a350 fleet. could safety concerns hurt travel demand? hello and welcome to business today. hello and welcome to business today. i'm steve lai. i'm steve lai. shares of ai giant nvidia have shares of ai giant nvidia have fallen by almost 10%. fallen by almost 10%. it's the deepest single—day it's the deepest single—day decline in market value ever decline in market value ever for a us company. for a us company. optimism around ai that put the benchmark 0ptimism around ai seems to be reducing. seems to be reducing. but there are also concerns but there are also concerns about the wider us economy — about the wider us economy — that led to a wider that led to a wider sell—off on us markets, sell—off on us markets, as ritika gupta explains. as ritika gupta explains. the snp 500 saw its biggest the snp 500 saw its biggest slide since an early slide since an early august meltdown, ending august meltdown, ending the session down 2%. the session down 2%.

this comes after a rally this comes after a rally that put the benchmark within a striking distance of its all time highs. technology stocks, the gauges most influential group, took the brunt of the decline. index slipped by 1.5%. one of the biggest losers on the day was nvidia, the high flying artificial intelligence darling,

and wall street will also have to contend with seasonal headwinds, as september has historically been a challenging month for stocks. in other news — china has announced a probe of canadian a former edge of the governor of new york has pleaded not guilty to acting as a chinese trade and technology partn| to 1ips will be trade and technology partn| to acting ll be trade and technology partn| to acting as e trade and technology partn| to acting as a chinese guilty to acting as a chinese agent. 0scars allege they agent. 0scars allege they followed orders from beijing to followed orders from beijing to advance china's interest. in advance china's interest. in exchange she and her husband followed orders from beijing to advance ( she �*s interest. in followed orders from beijing to advance (she and terest. in followed orders from beijing to advance (she and herst. in followed orders from beijing to advance (she and her husband exchange she and her husband are accused of receiving are accused of receiving financial and other benefits. in other news — china has announced a probe of canadian canola imports — canola imports — escalating a trade fight between the two countries. the move could lead to tariffs escalating a trade fight on a key canadian export. it comes a week after canada partnerships will be said it would impose new border taxes on chinese—made electric vehicles, steel and aluminium. india's prime minister narendra modi is wrapping up a visit to brunei today, and will to brunei today, and will come to singapore next. come to singapore next. the bbc�*s archana shukla the bbc�*s archana shukla reports on why pm modi's visit reports on why pm modi's visit to southeast asia to southeast asia

is significant. is significant. trade and technology trade and technology partnerships will be key conversations in prime minister modi's visit. modi will be meeting the new political leadership in singapore, pushing further on the free trade agreement the two nations have. singapore is india's largest trading partner in the asean region and in fact, the largest source of foreign direct

stepped up in modi's third term, too. hejust hosted vietnam and malaysian prime ministers, and the country's outreach to its maritime neighbours has also been on the rise. the carrier has completed an inspection following an engine component failure. they spat the fleet to be back online by saturday once replacements are completed. singapore airlines is inspecting its fleet but not grounding any plans. stefano baronci from the airports council international says safety is always a concern but that in general, air travel this year is shaping up to exceed 2023. the safety and security for the passengers are top priorities, so the measures we have taken lately by cathay pacific and other airlines is the ones that have been deemed necessary to take. in terms of results from those

sites, and organizations been clear in identifying these as a possible risk, but has also been clear to see that no specific measures to be taken to limit the freedom of movement of people. airports will continue to be vigilant, and they would announce and they would announce this summer security measures this summer security measures for passengers. for passengers. january is a big market january is a big market for asia when it comes for asia when it comes to travel, they have to travel, they have problems at the moment, problems at the moment, despite that the travel despite that the travel industry is doing well industry is doing well as you said, so when as you said, so when will it recover? will it recover? there are still roadblocks china recovered the domestic china recovered the domestic level. level. it is gone behind, beyond 2019 it is gone behind, beyond 2019 others, and as well as traffic others, and as well as traffic is concerned, there's a 20% gap is concerned, there's a 20% gap it's a lesser recover it's a lesser recover but we are optimistic this but we are optimistic this will come soon. staying with the travel will come soon. staying with the travel industry, online travel agent, industry, online travel agent, china's trip.com saw a jump china's trip.com saw a jump in second quarter profit in second quarter profit as the industry recovers. as the industry recovers.

but as ceo jane sun tells us, but as ceo jane sun tells us, there are still roadblocks for chinese travellers. for some years chinese people have thought it is better to travel 10,000 miles than reach 10,000 books. after the travel restrictions from covid is lifted, people have shown great passion to travel around the world. . ~ ., world. thank you for introducing - world. thank you for introducing some . world. thank you for - introducing some chinese world. thank you for _ introducing some chinese wisdom on us as well this morning. talking about international travel it has remained slow as we heard, domestically it has been doing well. is that a cause for concern for you? yes. when we _ cause for concern for you? yes. when we look _ cause for concern for you? yes. when we look at _ cause for concern for you? yes. when we look at the _ cause for concern for you? yes when we look at the demand—side and supply—side it shows two different scenarios. 0n the demand side we track our search volume on our sites and it has already far exceeded 2019 levels. however on the supply—side we still have two

major bottlenecks. the first one is the visa restrictions still take too long for people to get their visa approved. particularly to europe and the united states. and then also the flight from china to the rest of the world still is on the way to be recovered. however for trip the way to be recovered. howeverfor trip .com the way to be recovered. however for trip .com we the way to be recovered. howeverfor trip .com we have recovered fully to 100% of 2019 and for some holidays we already exceeded 2019 by 28%. it seems like people are travelling increasingly more and more which we touched on as well. i wanted to get your thoughts on tourism which has become an issue in countries like spain and japan which are reporting as well this week. what we should do is really to extend our network to long—term products. we are working very hard with different travel

bureaus and to make sure that when we fly people to the traffic hubs we will bring people to the longtail travel destinations. for example in italy, rome and florence are very crowded, but if you take people to siena and other areas, is less crowded and beautiful and full of history. we need to do more to promote these longtail travel destinations to the world. it does not matter how slowly you go as long as you do

does not matter how are vly you committed do. for the does not matter how are vly you committed do. forthe uk does not matter how are vly you committed do. for the uk we committed to do. for the uk we are evaluating. we are open for all of the options. it is a matter of time if everything is ready, we will do it. it'sjust a matter of time, yes. ready, we will do it. it's 'ust a matter of time, yesh ready, we will do it. it's 'ust a matter of time, yes. you say ou are a matter of time, yes. you say you are evaluating _ a matter of time, yes. you say you are evaluating a _ a matter of time, yes. you say you are evaluating a lot - a matter of time, yes. you say you are evaluating a lot of- you are evaluating a lot of options. doesn't mean the most attractive offer from whatever government will secure reduction in that country? it is more like a combined factor, as you know for such a big project of investment. it's not just a common policy or incentives, it's also you need to look at the market more than itself and the education because we need good technical people and engineers and factory workers. also others like the supply chain, which is dick's. it's a matter of combined factors —— logistics. when you look at the european

market its a very crowded market. as the established manufacturers and a lot of brands coming in from china, yourselves included. what makes yourselves included. what makes you think that you can succeed and gain a stake in the market? i think as you know, we are the biggest car exporter among all the chinese brands. we are doing the international market for over 20 years. we have gained a lot of experience. a single one of the most, one of our most biggest advantage is we want to make full use of our people, are in tm and also we want to be localised and we want to be localised and we want to be localised and we want to treat our partners as the real partner. for example in the uk, we use traditional dealerships so we have developed over 60 dealers now. thank you for watching, be back in the next hour see you then.

hey, i'm lola with the catchup. tonight, russia attacks ukraine, six months since jack 0'sullivan disappeared, and in other news, brat summer is officially over. at least 16 people have died and several are injured after a migrant boat capsized in the english channel. a large operation is under way for two missing people. 50 have been rescued and need medical treatment. some other stories now, at least 51 people have been killed in a russian missile attack on the ukrainian city of poltava. hundreds are injured with concerns people are trapped under the rubble. the missiles hit a military centre and a hospital. five children have been arrested on suspicion of murder following the death of an 80—year—old

in leicestershire. bbc�*s sam harrison is at the scene. 80—year—old bhim koli has died after being fatally attacked here at franklin park in braunstone town, leicestershire. police say that five arrests have been made. five teenagers are being held in custody. they're appealing for anyone with any information about the event to come forward. and the mother of missing uni student jack 0'sullivan says she's received ransom messages. the 23—year—old vanished six months ago on a night out in bristol. jack's parents have lodged a formal complaint against avon and somerset police, who say they remain committed to finding jack. time now for 10 seconds, and it is the end of an era. charli xcx says goodbye forever to brat summer, but that's not stopping charli. she's about to start her north american tour with troye sivan. you're all caught up. have a great night.

hello and welcome to sportsday from the bbc sport centre — i'm chetan pathak. coming up on the programme: finally, taylor fritz is a grand slam semi finalist — stunning the fourth seed to reach the last four of the us open. bazball goes multi—ball. coach brendon mccullum will lead england's cricketers in all forms of the game from next year. and heartbreak for vout van aert at the vuelta a espana — as the green jersey holder is forced to abandon the race.