indian business leader ratan tata has died. we'll look at the life of the patriarch of the tate group. hello and welcome to business today. i'm katie silver. lets look at live pictures coming in of hurrican milton, which has made landfall in the last few hours in florida. we can show you pictures of margaritaville beach result in fort myers. hundreds of thousands of people have lost power. most recently up to 1 million people. mass evacuations in the state over the last few days. this is a huge business impact for the state as well as the personal toll being felled for florida. stay with bbc news, we will continue to follow this and check out the website. all of this breaking and happening at the moment. the latest we hear is that hurrican milton —— hurricane milton is about 165

kilometres south—west of cape canaveral. making its way across florida. the new leader has delivered his national address since he became leader injanuary. he called on the people of taiwan to be courageous and brave amid escalating tensions with china. he pledged to defend the island's sovereignty. it makes most of the well�*s advanced chips. let's speak to a political scientist and assistant professor at taiwan university, and a nonresident fellow. thank you forjoining me. first of all, the speech, what have you made of it, what do you see is the most important top lines? what we have often — important top lines? what we have often heard _ important top lines? what we have often heard from - important top lines? what we | have often heard from william lai since he came into office was a bit more of a snarky tone and how he addressed china and relations. we saw a tone change in the speech today where we

saw far more pragmatic level—headed language in regards to cross trade relations and the far more dialled back, reminiscent of his predecessor, which will be welcome for both domestic and international audience.- international audience. taiwan for a business _ international audience. taiwan for a business community - international audience. taiwan for a business community is i international audience. taiwan | for a business community is all about chips. this political uncertainty and instability, how does that play in? for example, we hear how he is very disliked by china which calls him a separatist. what do you see... how is taiwan and china going to navigate this relationship going forward? it is always going to be a challenge no matter which president is in power. the impetus is largely on the pic, which he refuses to do as long as the dpp is in power. fortunately it is still allowing a relative level of status quo safety within the

state and the goal for both sides is to try to find an uneasy but livable balance and that currently has been the goal both sides have pursued for a number of years. we are heafina for a number of years. we are hearing about _ for a number of years. we are hearing about the _ for a number of years. we are hearing about the recent - hearing about the recent drills, china carrying out other drills in recent weeks. what does it feel like at the moment in taipei and for the people of taipei in terms of the current level of insecurity or security compared to normal times or other times? it is worth keeping _ times or other times? it is worth keeping in _ times or other times? it is worth keeping in mind - times or othertimes? it 3 worth keeping in mind that the pic threatening thailand —— prc threatening taiwan is every day. things that we hear about are an everyday occurrence. the disconnect comes in when we hear these drills in international news and think there must be mass panic in the streets of taiwan but it is often seen here as a boy who cried wolf scenario. when there are drills every day it doesn't necessarily affect how people live. they go out and live

their lives as much as any other day. the speech today i think people are curious to see what kind of military response the prc will send into action. i am surprised if there is none but my hope is that because lai was calm and reasonable in his tone during the speech that perhaps we will get something of a letter response from the prc but as i said, because lai has been known to have snarky comments towards the prc we still might get a strong response from the prc regardless.- response from the prc reuardless. regardless. something we will look out for. _ regardless. something we will look out for. thank _ regardless. something we will look out for. thank you - regardless. something we will look out for. thank you for - look out for. thank you for joining me. indian tycoon ratan tata has died. the 86—year—old's death was announced a few hours ago by the tata group, a conglomerate he led for more than two decades. mr tata was one of india's most recognised business leaders. indian prime minister narendra modi has hailed him as a "visionary business leader, a compassionate soul and an extraordinary human being". the bbc�*s samira hussian takes a look at the life of mr tata. chairman of the tata conglomerate for more than two decades, ratan tata turned

the company that bears his name into a global empire. shy and often described as a loner, tata was raised by his grandmother in mumbai. educated in the united states, he came back to india at age 25, to work in the family business. under his leadership, he turned an indian company into an international success, buying quintessentially british brands tetley tea, jaguar land rover and anglo—dutch steelmaker corus — an acquisition that, at the time, was seen as saving the british steel industry. tata's most ambitious project, the tata nano, the world's cheapest car. it never was conceived of as being the cheapest car, it was conceived of as being a car that would give the people of india an opportunity to own a car that had not been

within their reach before. but the indian consumer just wasn't interested. tata was also known for his philanthropic work, animalwelfare, health and education, and, most recently, working with the elderly. ratan tata was one of india's most internationally recognised business leaders and has left an indelible mark on the country. samira hussain, bbc news, india. for more let's cross to mumbai. what has been the reaction in the country?— what has been the reaction in the country? condolences have been pouring — the country? condolences have been pouring in _ the country? condolences have been pouring in from _ the country? condolences have been pouring in from not - the country? condolences have been pouring in from notjust l been pouring in from notjust within india but across the globe. ratan tata was considered an icon of the indian industry and people are mourning his passing on. the state has declared a day of mourning today which is

thursday, when he would be accorded state honours during his last rights. we are have made high profile accusations tho we obalised the have made high profile accusations tho we are .ised the expecting senior politicians his last rights. we are expecting senior politicians and businessmen to come and pay and businessmen to come and pay their last respects and homage their last respects and homage here in mumbai to the veteran here in mumbai to the veteran industrialist. he was an astute industrialist. he was an astute businessman, known for taking businessman, known for taking ambitious steps in his industrialist. he was an astute businessn steps town for taking industrialist. he was an astute businessn steps in vn for taking industrialist. he was an astute businessn steps in his or taking ambitious steps in his business. he took charge of the business. he took charge of the tata group in 1991 when india tata group in 1991 when india opened doors to the markets, it liberalised its economies, and it opened doors to the markets, it liberalised its economies, and in fact, with his business in fact, with his business acumen and business decisions, acumen and business decisions, he kept the 156—year—old he kept the 156—year—old business house in india are business house in india are very relevant as india opened relevant as india opened up very relevant as india opened up its industries. from assault very relevant as india opened up very relevant as india opened up its industries. the to steal to software. the to steal to software. the company expanded their businesses. he was known to company expanded their businesses. he was known to have made high profile have made high profile

accusations that globalised the accusations that globalised the tata group from some of the biggest acquisition names of the british brands such as

legacy behind and the entire country and the world is mourning his passing on. thank ou for mourning his passing on. thank you for that _ mourning his passing on. thank you for that reporting. - you can find more of our coverage on ratan tata on our live page on our website, bbc.com. major stock indices raised in the us for the second day, reaching record highs. this comes despite the release of minutes from the federal reserve september meeting which showed a divide among officials over the size of the feds recent 0.5% rate cut. investors are watching for the release of data later on thursday. stock markets in china are more than 2% higher on thursday, a roller—coaster this morning. ahead of a briefing by the finance ministry over the weekend, where there are hopes of more stimulus. shares on the mainland saw their biggest drop in more this than four years on wednesday — with the c51300 index closing around 7% lower. since returning from the golden week holiday, chinese authorities have promised to boost the economy,

but provided few details. just before we go i would like to show you some of the latest pictures we have of milton. this is fort myers, an hour or so south of tampa. while more than1 million homes are without power and we have heard from the state's governor saying that the time for safe evacuation has passed and people now need to shelter in place. he has also warned against going outside until officials tell them it is safe to do so. we have heard from the sheriff of saint lucy county on the east coast confirming multiple fatalities is more than a dozen tornadoes have hit the area. that is all we have time for. we stay with bbc news.

this hey, it's lucy with the catch up. tonight — shopping second—hand, money for moving, and a smiling seal. first, people are preparing for hurricane milton as it closes in on florida. it's a category four storm and is expected to hit the tampa area with winds of up to 165mph. one of our catch up presenters is in washington — he sent us this. millions have been urged

to evacuate, with the president saying it's a matter of life and death. residents who are refusing to leave have been told to write their names on their arms so they can be easily identified during recovery. that's how seriously officials are taking this. and it comes just days after storm helene tore through much of the same parts of florida, but this storm is forecast to be much worse. an update on yesterday's top story. a man has been arrested in dublin on suspicion of the murder of 22—year—old mary ward, who was found dead in south belfast earlier this month. the police say the investigation is progressing at pace. some other stories now. over the next year, nearly two thirds of us plan to buy something pre—loved to wear. new research also says the second—hand clothes industry added millions to the economy last year, and created thousands ofjobs. and welsh—speaking and young families are being offered up to £5,000 to return to some areas of wales. the grants could be used to help pay for transport, rent, mortgages, childcare,

or even welsh lessons. now, ten seconds of this smiley seal. the picture, taken by ursula armstrong, won the countryfile calendar prize after about 22,000 photos were submitted. she said she was drawn to the seal because of its cuteness. that's us — have a good one!

hello, welcome to sportsday. i'm paul scott, at the bbc sports centre, and here is what we've got coming up. root the record—breaker — joe root overtakes sir alastair cook to become england's all—time leading test run scorer. given new wings — former liverpool managerjurgen klopp is the new global head is the new global head of soccer at red bull. of soccer at red bull. and novak djokovic sails and novak djokovic sails through in shanghai through in shanghai with an historic 100th atp tour with an historic 100th atp tour title in his sights. title in his sights.

hello there, welcome along to the programme. now, it is an incredible achievement, and he says there is more to come. joe root is now england's leading test match run scorer of all time. now, he finished the day in multan on an unbeaten 176, but it's his total test run figure that has made the headlines. he has now surpassed alastair cook's tally