history, ahead of a crowdstrike hearing in the us. hello and welcome to business today. i'm steve lai. let's begin in the united states, where the biden administration has proposed a ban on chinese and russian hardware and software in connected vehicles in america. the rule will apply to nearly all newer cars and trucks, which have the ability to connect to wi—fi, bluetooth or satellite systems. it will mark a significant escalation in us restrictions on chinese vehicles, software and components. the bbc�*s ritika gupta has more from new york. modern—day cars are increasingly computers on wheels, collecting data through sensors and cameras, and the us government has concluded they can't be trusted. back in february, president biden ordered an investigation into whether chinese vehicles posed a national security risk, resulting in the proposed ban. if enacted, it would focus on text that connects vehicles

if enacted, it would focus on tech that connects vehicles to the outside world, such as bluetooth, as well as driverless systems. there is currently minimal use of chinese or russian—made software in american cars, but commerce secretary gina raimondo said the plans would reduce the chances of us drivers having their personal data stolen. chinese officials said the concept of national security was being broadened to unfairly target chinese firms. the proposed ban is part of a much broader struggle between the us and china, the world's two biggest economies, overthe technologies of the future. boeing has offered factory workers a 30% pay rise over four years, as it tries to end a strike which has shut down its manufacturing facilities in the us pacific northwest. the plane—maker also offered to reinstate a performance bonus and improve retirement benefits if workers accept the offer by friday. the strike, which began earlier this month, involves over 30,000 workers in portland and seattle.

india's prime minister narendra modi has wrapped up a three—day trip to the united states. the two leaders agreed to work together on several issues, including setting up a semiconductor factory in india. the bbc�*s archana shukla has more. calls to invest in technology has been a common thread in prime minister modi's recent foreign visits, particularly seeking investments in semiconductor manufacturing. it's a big way india wants to position itself as an alternative to china for global firms that wish to diversify supply chains amidst the us—china tensions. hence, when prime minister modi met top tech ceos, like of google and chip giant nvidia, he called them to co—develop, co—design and co—produce in india for the world. india and united states also signed a semiconductor pact. it was a first of its kind, to establish a fabrication plant in india which will provide chips for national security to the us armed forces, allied militaries and indian military. now, this adds up to modi's agreement with singapore earlier this month to cooperate on semiconductors.

remember, electronics has been a thrust in prime minister modi's push for local manufacturing. chips is where india depends on china, taiwan and korea for most of its needs. the government has given more than $10 billion of subsidy for chip manufacturing already. another $15 billion is expected to come in soon. reports say if you actually add up federal and state funds, the government is bearing three fourths of the capital cost of a new semiconductor manufacturing facility. so far, firms like foxconn, vedanta, india's tata group, micron, among others, have committed large investments. but industry experts say the progress actually has been slower than expected. and maybe excessive subsidies on factories is not a sustainable solution. what is needed is to build a supply chain which makes components, raw materials and talent easily available. tanvi madan from the brookings institution gave us a sense of what lies ahead for india—us ties.

this particular plant would be focused on national security, so much more sensitive, a reflection of how much on defence, security, technology and secure supply chains the two countries have really moved forward. and you saw that during the visit, notjust for prime minister modi, in his meeting with president biden, but also the quad summit that also had the australian and japanese leaders meet the indian and american leaders. do we know what modi thinks or what india thinks about the upcoming election and the two different candidates that could take the white house? i think they know two things — one, that they don't get a vote, and second, that whoever wins the election in november, it will be important for new delhi to adapt their approach to ensure that the progress that has taken place during the biden administration moves forward and that they can build on that momentum, notjust because of their own concerns about china but because the us has become crucial for india's economy, its technological transformation. india will want to maintain

that relationship with the us. if it's a president trump, they will adapt, like they did last time. they will perhaps be less adversely affected than some allies, but nonetheless they will have to deal with his transactionalism and volatility. with a president harris, perhaps the topmost question on their mind will be, will she continue the more competitive approach to china that the biden administration has taken? but regardless, india will continue to invest in this relationship while being concerned, perhaps more so in the case of a trump administration, about whether he will be as transactional as he was last time. the us state of california has sued exxonmobilfor misleading the public for decades when it comes to the effectiveness of plastics recycling. the state's attorney general is seeking billions of of dollars from the oil giant following a two—year it claimed recycling could

solve the pollution crisis even though they knew it was not possible. exxon has criticised the lawsuit, blaming california for having an inefficient recycling programme. shares of truck media fell to the lowest price since 2021. the company which operates socially to platform truth social has seen its stock tumbled over the last six months —— the media company trump media. over to australia, where the central bank will deliver its latest decision on the cost of borrowing. even though the us federal reserve trimmed rates last week, many analysts are expecting policymakers in australia to hold steady at 4.35%. investment expert shane oliver explains the factors that will affect the rba's decision. basically, the reserve bank is still concerned that demand in australia still remains too strong, the labour market remains too tight and, of course, inflation remains too high, particularly in the services sector. and we were told by the reserve bank governor, michele bullock, about two weeks ago that it doesn't expect to be able to cut interest rates in the near term,

which has been interpreted as "in the next six months", or by the end of the year, so i suspect that they will leave interest rates on hold yet again given those considerations. so what does the rba want to see, then, before it considers cutting rates? and is that something it is itself working towards? well, i think the ongoing high interest rates in australia are working towards slowing the economy, which is basically what the reserve bank wants to see more of. the reserve bank wants to see ongoing weakness in demand, opening up spare capacity and taking pressure off inflation, and specifically it wants to see more evidence that underlying inflation — specifically services — is falling towards its 2—3% inflation target. later on tuesday, a senior executive at it crowdstrike will face questions from the us congress about their disastrous software update in july that caused the largest global it outage in history. it affected millions

of computers running microsoft windows around the world, crashing the systems of banks and airlines. according to one estimate, the disaster cost top us firms more than $5 billion. our technology editor zoe kleinman looked at the effects of the outage. thousands of flights grounded, doctors' appointments cancelled, tv channels falling off air — the it outage felt around the world injuly has been described as the worst cyber event in history. microsoft said around 8.5 million computers around the world were disabled after a cyber security company called crowdstrike sent out a corrupted software update to its nearly 211,000 customers, many of them huge companies we rely on in our everyday lives. look atjensen. are we going to...? we're going to disneyland right now. jo and her children were among the thousands affected by the chaos. no explanation whatsoever. jo managed to get money back for the cancelled flights, but she lost almost £1,000 on her disneyland tickets. 13 hours, we have waited.

each month, ifound myself, like, skint because i'm putting away, like, £328 each month of my wage. and i'm not full time, i'm only part time... so how did this happen? it's a tale of two glitches. crowdstrike says it did have a system in place to make sure its updates worked properly before it released them, but a glitch in that system meant it didn't pick up another glitch in the update itself. and we all know what happened after that. as you'd expect, the company now says better testing and checks will help in the future. tough questions are expected for crowdstrike later today, when one of its bosses will be grilled by us lawmakers in congress. the key answers that we need from this hearing is, firstly, confirmation of the technical detail of what went wrong. secondly, what was the failure in process here? has a failure of process been identified? and if so, thirdly, what has changed since? and what are crowdstrike going to do to prevent this

going wrong in future? it may seem shocking that a company many people had never heard of could cause so much chaos, but it's also a reminder ofjust how fragile digital life can be and how little control we have over the tech which drives it. zoe kleinman, bbc news. us billionaire dan friedkin has agreed to buy everton football club. the deal — which gives him a 94% stake in the club — is still subject to regulatory approval. it will make everton the tenth premier league team to come under american ownership. and that's it for this edition of business today. thanks for watching.

hey, i'm ruby with the catch—up. tonight, zombie knives, a weather warning and a capybara reunion. crimes involving swords, machetes or zombie knives have almost doubled in five years, according to new figures. some of those weapons are set to be banned in england and wales from tomorrow. we spoke to matthew, a 20—year—old, who said that buying a zombie knife is as easy as getting a takeaway. he got his first knife when he wasjust 16.

if you've got a bigger weapon, you've got more of a chance. if my knife is bigger than theirs, i'm going to win. if you have a flick knife and someone pulls a rambo out on you, then you're going to be thinking, "then why don't i get a bigger one?" you know what i mean? some other news 110w. the chancellor's been giving a big speech in liverpool about the government's plans for spending, but it was interrupted by a heckler in the audience. here's what happened. they paid the price for their incompetence, their dishonesty and their rule—breaking. .. shouting well, in her speech, she said that there would be no return to austerity — that's when the government adopts strict measures to cut down on spending. the met office have issued an amber weather warning for heavy rain in parts of central and western england, following big floods in parts of the country. and if you've ordered a domino's pizza recently, you might have noticed that the garlic and herb dip isn't available. it's been taken off the menu after traces

of peanuts were found. domino's say they're working on it, though. and time now for ten seconds of a capybara reunion. the world's most high—profile rodent is settling back in with her family after going on the run from a shropshire zoo. you're all caught up now. have a good night. hello and welcome to sportsday. i'm sarah mulkerrins. here's what's coming up: a new era beckons for everton, as an american investment group agrees to buy the premier league club. fears for rodri, with reports emerging of a potential season ending injury for the manchester city midfielder. and we hear from the british journalist who wasn't allowed to cover the heavyweight title

fight at wembley after criticising saudi arabia's involvement in the sport. you're very welcome along to the programme, wherever you're watching the world. after one of the most turbulent years in the club's history, there is finally some good news for everton. it was just over 12 months ago that the owner farhad moshiri agreed to sell his 94% stake. but as the first takeover stalled and eventually fell through, two separate points deductions for financial breaches followed, leaving the team facing another potential relegation battle. they avoided that, but two more potential investors came and went over the summer, and the team have now made their worst start to a season since the 19505. but the club picked up its first point over the weekend,