to make the uk more attractive to foreign investors. and sparks fly at the paris motorshow over ev tariffs — we speak to the boss of peugeot. welcome to business today, live from new york, i'm ritika gupta. us stocks are mixed...s&p 500 is in the green, while the dow moves lower. this comes as investors wait to assess whether the next batch of corporate earnings could power the market to more records. let's speak to matt orton, chief market strategist at raymond james investment management — joining us from st petersburg in florida. glad to have you with us and that you are safe after the terrible hurricane. thank you so much forjoining us. i want to start off looking at the earnings picture here in the us. we have the banks of

america tomorrow and then netflix later this week. what is your overall outlook on this earnings season?— is your overall outlook on this earnings season? good morning. good to see _ earnings season? good morning. good to see you. _ earnings season? good morning. good to see you. i _ earnings season? good morning. good to see you. i am _ good to see you. i am optimistic. i think we are going to see good numbers being reported by companies and earning season for me and investors is always exciting because it provides the point at which we can see more differentiation in the market. i have been telling a lot of our clients to look for increased dispersion this earnings season because we have had such a strong rally in this market and that rising tide isn't going to lift all boats again. what investors are really going to pay attention to is not only to companies beat their eps numbers but also that company management teams are signalling strong guidance going forwards. got that on friday with some of the banks. i expect to see that with more of the financials. the key question is, will that continue to the other cyclical parts of the market like industrials and then moving into information technology later this week and then next week and thereafter.

we have a retail sales data out this week which should provide another tale on the health of the consumer. what is your outlook on the consumer? that drives a key _ outlook on the consumer? that drives a key area _ outlook on the consumer? that drives a key area of _ outlook on the consumer? that drives a key area of the - outlook on the consumer? that drives a key area of the us economy. i drives a key area of the us economy-— drives a key area of the us econom . . ., . economy. i have had so much scepticism — economy. i have had so much scepticism from _ economy. i have had so much scepticism from a _ economy. i have had so much scepticism from a lot - economy. i have had so much scepticism from a lot of - scepticism from a lot of different clients around the strength of the american consumer. i have always been on the more optimistic side of that because as long as we have a strong labour market in this country, and people havejobs, it is really hard to see them closing their wallets entirely. i think we are seeing some elements of changes and consumption patterns. people might be trading down. people might be trading down. people might be trading down. people might be buying less stuff, being more selective with regard to services they consume. but overall the picture are still optimistic when you look at real wage growth that sets the consumer up growth that sets the consumer up to do well going forward. i think it is a selective

bifurcated consumer but on aggregate i think the consumer still does well and keeps this economy going. we still does well and keeps this economy going-— still does well and keeps this economy going. we will have to leave it there. _ thanks to matt orton of raymond james investment management. in the meantime, those china stimulus plans have had an impact on oil prices which have been falling today, wiping out all the gains they made last week. brent crude is trading at around $77 a barrel. meanwhile, the oil cartel opec has further cut its forecast for global oil demand for the rest of this year and 2025. ashley kelty is research analyst for resources at panmure liberum. he told us oil demand is facing a number of challenges. the big other problem that we have is that we have opec unwinding their quota reductions from december, and that's going to add a lot more barrels into the market. they are claiming that it's only going to have a minimal impact. that's i don't think the case

because the likes of iraq and algeria and so forth have, and kazakhstan, have been overproducing above their quotas. and i think that that is going to continue in the near term. the one thing that is supporting prices is the uncertainty in the middle east. the market is waiting for a response to the iranian rocket attack at the start of the month, and there are concerns that israel will target iranian energy infrastructure. we don't think that that is going to be the case. i think the us will put a lot of pressure on them not to do so, mainly because the actual price at the pumps is a key trigger point for us voters heading into the election. britian�*s recently elected prime minister sir keir starmer has promised to scrap regulation that "needlessly holds back investment" in the uk. he's trying to encourage some of the world's biggest companies to invest at a major summit in london. however, the government

is facing a balancing act ahead of the budget in two weeks' time, having already signalled that some taxes will rise including some of those paid by businesses. at the same time some of the world's biggest banks and investments firms includingjp morgan, goldman sachs and blackstone have said now is the time to invest in britain as the prime minister told the summit. in times like this economic growth is vital, as it's always been. if we're to steer our way through a great period of insecurity and change and on to calmer waters. because when working people benefit from that growth, when every community enjoys the fruits of wealth creation, it stops a country turning in on itself and against the world. and that, in turn, helps provide a stable foundation. our business editor simonjack is at the summit and has been speaking to the boss of norway's government—owned oil

and energy giant equinor and asked him what he looked for when deciding which countries to invest in. it's also stability around tax systems. we have seen a lot of changes with the recent government. we will see another change now. so the 1st of october and the budget will be very important for us to see how also the stability of the uk will be in investment. proposalfor oil and gas. there was a lot of talk about planning and regulation. how important are those things to get right? they are extremely important to get right because longer planning for renewables, for instance, cost more, meaning that renewables and the power prices will be higher in the future. so reducing regulation, shortening the planning time, that will give a lower prices for energy in the future. so what's the mood in the room? one of optimism? give us your sense of the general vibe. it's a lot of optimism, and i think the government are putting forward a very good strategy for how

to improve working together with the private sector. now it's about execution and getting execution right. let's speak to our business correspondent zoe conway. what you at the summit? what is the latest?— the latest? the investor so far have been _ the latest? the investor so far have been experiencing - the latest? the investor so far have been experiencing a - the latest? the investor so far have been experiencing a veryj have been experiencing a very london day. not only has it been completely pouring with rain, they have also been hosted in historic guildhall. later they will meet the king at st paul's cathedral and eltonjohn. it doesn't really get more london than that. so far the billions have been pouring in. the government thinks it has bagged about £60 billion worth of investment. we have heard that stansted airport, which isjust outside london, will be expanded. that will have £1 billion worth of investment. we have heard there will be £1 billion investment

from dp world, that is the port owner. and also we have heard from eli lilly, the drug company, that they are going to invest £279 million and that is to do with a weight loss drug trial with a national health service here. i think the government feels it is going well. what is the government promising in return? i think it is about stability. let's not underestimate the incredible political instability there has beenin political instability there has been in this country over the last eight years. for prime ministers, six chancellors of the x. we now have a labour government with a very big majority that is likely to be in office for the next five years. that is what the international investors are looking for. that is why they are talking about now be the time to invest because of what they hope will be a significant stretch of stability here. zoe. stretch of stability here. zoe, i am stretch of stability here. zoe, i am sure _ stretch of stability here. zoe, i am sure you _ stretch of stability here. zoe, i am sure you will _ stretch of stability here. zoe, i am sure you will keep - stretch of stability here. zoe, i am sure you will keep us - i am sure you will keep us updated with the latest. thanks to our business correspondent.

the eu's planned tariffs on chinese—made evs will lead to higher prices and deter buyers, that's the warning from chinese the ev giant byd speaking at the paris auto show today. this year's event — the largest car show in europe — comes at a pivotal time as the industry struggles with weak demand, rising costs, and growing competition. for european carmakers this means profits being squeezed — as my colleague theo leggett heard from the chief executive of peugeot, linda jackson. this is what's causing the problem, because the investment is enormous to turn all of the vehicles into electric versions. i mean, at peugeot, we are ready for the game. all of our cars have an electric version, and in fact, we are actually launching a couple on the stand today. so are we ready? yes we are. and will we meet the rules? and in terms of emissions? of course we will. but yeah, it's a very, very challenging time because if you like, the market isn't necessarily moving exactly in line with the way the manufacturers are coming to market with the vehicles.

but while you're developing electric cars, chinese manufacturers are determined to take a stake in the european market. i think there are eight of them here at this show alone. so how do you deal with that level of competition? well, you know, i think it's... i've been in this business i've been in this business a long, long time. a long, long time. and to be honest with you, i and to be honest with you, i remember when the japanese came remember when the japanese came and the koreans came and the koreans came and we were having very and we were having very similar conversations. similar conversations. and we're all still and we're all still here surviving. but it goes back to the basics. here surviving. but it goes back to the basics. it's about having a very strong it's about having a very strong brand, having a strong product brand, having a strong product offering and being able to offering and being able to really to invest in the future. really to invest in the future. but there's a problem, but there's a problem, isn't there? isn't there? they can do things cheaper. they can do things cheaper. and that's why we're working and that's why we're working very, very hard for peugeot. very, very hard for peugeot. and obviously we're part and obviously we're part of the group of stellantis of chinese evs, of the group of stellantis where we've got 15 brands, where we've got 15 brands, including a chinese one now, including a chinese one now, which is really looking at how which is really looking at how do we reduce the costs do we reduce the costs of electric vehicles. of electric vehicles. and that's particularly and that's particularly around the battery cost around the battery cost and the components. and the components. and we're working very and we're working very hard because you're hard because you're absolutely right. absolutely right. there is a cost differential there is a cost differential that we need to solve that we need to solve as a manufacturer to as a manufacturer to find the most efficient find the most efficient way to come to market. way to come to market. the tariffs that have the tariffs that have been imposed by the been imposed by the

european union on imports european union on imports of chinese evs, do you approve of those? do you think that's the right way to go?

products and really, really answer to what the customers are saying, why am i...? what are my concerns about buying an electric car? and you know, theo, one of them obviously is the range. how far will i go in this and how will i get worried? that's all we have time for. thanks for watching.

hello from the bbc sport centre. football's nations league continues today with some potentially mouthwatering matches. germany host long time international rivals the netherlands in munich after an entertaining 2—2 draw in amsterdam last month. both sides are unbeaten in group 3 at the halfway stage and look set to progress to the quarter finals.

translation: i think germany auainst translation: i think germany against netherlands _ translation: i think germany against netherlands is - translation: i think germany against netherlands is always l translation: i think germany against netherlands is always a great match and it always will be. it was similar with england against france at the euros. the big countries play the most important matches. france meet neighbours belgium for the second time this month. kylian mbappe isn't in the french squad for these round of games but was seen in a swedish nightclub while the team were playing against isreal in hungary on thursday night. translation: if he was where he was at is because _ translation: if he was where he was at is because there _ translation: if he was where he was at is because there was - translation: if he was where he was at is because there was no - was at is because there was no obligation from his club. i am ready. i am always ready to understand different situations. is that bad? is that good? it can be good or bad for others. one should not see evil everywhere either. i don't want to defend him just for the sake of defending him. it is his private life but the thing is, that for him, there is no such thing as a private life because everyone knows where he is.

other matches to look out for tonight — italy host israel in group 2, bosnia herzegovina face hungary in group 3 and wales welcome montenegro to cardiff in group 4. the nigerian football team say they will boycott their africa cup of nations qualifier in libya on tuesday after being stranded and locked in an airport overnight — over 100 miles away from their destination. the super eagles were due to land in benghazi on sunday but their plane was instead diverted to al abraq. their captain william troost—ekong posted on social media that it was disgraceful behaviour — and the team had decided not to play the game. the libyan football federation responded, saying they were deeply concerned about the reports — they have the uttermost respect for their nigerian counterparts and the diversion of their flight was not intentional. just two matches of the group stage left to play at the women's t20 cricket world cup with three of the four semi—final places still up for grabs. pakistan face new zealand in just a few hours.

australia are the only side to secure their spot after a narrow win over india. set 152 to win india needed ia to win off the final over thanks to an excellent half century from captain harmanpreet kaur. but australian seamer annabel sutherland held her nerve, with the final over costing just four runs for the loss of four wickets. india narrowly edged out finishing on 142—9. they now face a nervous wait to see if they'lljoin australia in the final four. good news for england men — captain ben stokes is fit to play in the second test against pakistan in multan — getting under way on tuesday morning. stokes injured his hamstring in august and has missed four tests, including england's record—breaking win in the first match last week. pace bowler matthew potts also comes in, with chris woakes and gus atkinson making way. pakistan have made the more drastic changes though

including dropping batting star babar azam after becoming the side with the highest total — 556 — to go on and lose a test by an innings. in the america's cup, the great britain team led by sir ben ainslie have a mountain to climb if they are to win the trophy for the first time, as they trail new zealand 4—0. that and more on our website. and that's all the sport for now. back to you, only two. thank you very much. nasa is to launch a spacecraft to one of the icy moons ofjupiter, called europa. some scientists think that it's one of the worlds in our solar system that's most likely to be home to life. here's our science correspodent, pallab ghosh. the europa clipper will set off on a 1.8 billion milejourney to the outer frozen reaches of the solar system. it will passjupiter and head towards the ice—covered moon

the spacecraft is named after. europa is almost the same size as our own moon, but that's where the similarity ends. it doesn't have any craters. instead, it has an icy surface because it's so far away from the sun. and you can see cracks and ridges which has been caused byjupiter�*s powerful gravity stretching and squashing it. and it's that movement that scientists believe has melted the ice underneath to create a vast, salty ocean which has got twice as much water than all the earth's oceans combined. and that's what makes europa the most likely alien world in the solar system to be capable of supporting simple alien life. these telescope pictures show what seemed to be jets of water spurting from europa more than a hundred miles into space. the hope is that the spacecraft might fly through one of the jets and discover what it contains.

as europa clipper is making 50 different flybys around the moon's surface, catching any particles that might have been thrown up into the atmosphere, and then it can do a chemical composition analysis to find out are there any amino acids, are there any sulphites, those really key building blocks that we know that are essential for life here on earth? professor michelle docherty has a separate european space agency mission on its way to study notjust europa, but two other ofjupiter�*s large icy moons, ganymede and callisto. if you're looking for life in our solar system, and the first thing we do is we look for liquid water, you don't have to focus close to the sun. you can move beyond what's called the snow line, which isjust beyond the earth. you can go much beyond that and you can find liquid water, but it's not on the surface. it's in the interior of the moons ofjupiter, the moons of saturn, potentially those of uranus and neptune as well. i'd be very surprised

if we didn't find the ingredients for life somewhere in our solar system. it'll be the end of this decade before the spacecraft gets to the jupiter system. they're not expected to discover life, but their results will take us a giant step forward in knowing whether life is possible in one of these icy worlds. pallab ghosh, bbc news. with me is our science correspondent georgina rannard. so much activity going on in space right now. we seem to be talking about it a lot which is great and a lot of buzz around this particular mission and what it mightjust possibly find. what it might 'ust possibly find. , , find. exactly. it might seem like there — find. exactly. it might seem like there is _ find. exactly. it might seem like there is a _ find. exactly. it might seem like there is a space - find. exactly. it might seem like there is a space launchl like there is a space launch every week or twice a week but i think this one is quite different because it has these amazing science aims. it is trying to get to europa, this moon which is orbiting jupiter. and it is really about pushing the boundaries of what we know so far in our solar system.

there was a lot of buzz going on and we are counting down the minutes to the launch which hopefully should happen in a couple of hours from florida. it was delayed because of the hurricane last week. it has been years in the making. lots of scientists from lots of different places from nasa but what they really want to find out, is does europa, this amazing icy planet, have the potential for life? amazing icy planet, have the potentialfor life? does amazing icy planet, have the potential for life? does have these ingredients which mean it could be habitable? what could be habitable? what exactly do _ could be habitable? what exactly do we _ could be habitable? what exactly do we know - could be habitable? whatj exactly do we know about could be habitable? what exactly do we know about europa already? exactly do we know about europa alread ? ., , , ., already? there has been a few telescope _ already? there has been a few telescope images, _ already? there has been a few telescope images, voyager- already? there has been a few| telescope images, voyager one and two took some pictures at the hubble telescope. but they are really quite distant pictures. hubbell managed to capture what they think is a plume of water coming off the moon. but what they say is that is why we need to go back because there is just so little information in those images. what they want to do now is create a full map of the whole moon. they also have lots of different images on the spacecraft which will capture

dust particles and really see much closer detail the nature of this moon.— much closer detail the nature of this moon. how long untilwe actually get _ of this moon. how long untilwe actually get some _ of this moon. how long untilwe actually get some data - of this moon. how long untilwe actually get some data from - actually get some data from this mission?— this mission? it's a good question- _ this mission? it's a good question. it _ this mission? it's a good question. it is _ this mission? it's a good question. it is very - this mission? it's a good i question. it is very exciting now but we do have quite a long wait. it is five and a half years before europa clipper will get close to the moon. on the way it will be in contact with nasa but it is really quite a long time. once it gets there it will do 50 flybys of there it will do 50 flybys of the moon and be transmitting on this data back to us. but i think for now we do have to keep our eyes on it and keep waiting. ah. keep our eyes on it and keep waitinu. �* , ., waiting. a little bit of patience _ waiting. a little bit of patience required. i waiting. a little bit of- patience required. jorginho, thank you very much. now, orchestra conductors are often known for their facial expressions, charisma and passion. but a new conductor in germany has none of those qualities...but does keep perfect rhythm. have a listen to this...

a three—armed robot has made its debut as an orchestral conductor in germany. wielding three glowing batons, the robot guided three sections of the dresden sinfoniker in a performance of a work specifically composed to harness its unique attributes. we all think the actual human conductors don't need to worry too soon. three scientists have been awarded the nobel prize for economics. their research found that european canalisation has led to a significant differences in economic outcomes and prosperity of those once colonised nations. the main story today we have been bringing to you has been the situation in the middle east. let'sjust the situation in the middle east. let's just show you these

pictures coming to us from the lebanese capital beirut. we heard earlier from the lebanese red cross, saying that further north in the country 18 people in a mainly christian area had been killed in an israeli strike in a rare israeli strike in the north of lebanon. we will have more on developments there for you with ben brown who is coming up next. i am on x. do stay with us here on bbc news. hello. we've got some very big contrasts with our weather to take you through this afternoon for scotland, northern ireland and northern england. barely a cloud in the sky after a locally cold and frosty start, we'll see those temperatures push up to around 12 or 13 degrees. further south, though, for wales, midlands, east anglia, southern england we have seen some heavy outbreaks of rain today. that heavy rain is all cleared out of the way. however, it is likely

to stay quite cloudy. it's still with the potential for a few patches of drizzle across the south midlands and southeast england, so for some it will stay quite dull and damp. and overnight tonight this zone of low cloud spreads its way northwards. there'll be some hill fog patches and a bit of drizzle falling from that cloud at times as well. it is turning milder, though, for much of the uk — temperatures by the end of the night quite widely 10 or 11 degrees, but still colder into parts of scotland where there could be a nip of frost into the countryside tomorrow. tomorrow, well, overall it's a very cloudy looking weather picture and okay, the cloud could break and thin at times to give some hazy spells of sunshine. probably the best of that across the far north of scotland. otherwise it stays mostly cloudy, but it is turning milder. temperatures 15 degrees in belfast and 1a for glasgow. we're up to 17 in cardiff. then for the middle part of the week, well, the uk finds

itself sandwiched between low pressure in the atlantic and high pressure around the baltic. a mild flow of south easterly winds covers the uk. it may well be mild, but it's also going to be pretty wet. we have outbreaks of rain moving across the uk thanks to these weather fronts, so if you like your autumn weather very mild and very wet, wednesday could be the perfect day for you. the rain quite heavy at times, quite breezy. weather conditions. perhaps parts of east anglia avoiding the rain. staying dry with some warm spells of sunshine. the warmest weather — we could see temperatures up to 22 degrees, but otherwise generally we're looking at temperatures into the upper teens with that rain coming down quite heavily. most of the rain will clear through by thursday, and it looks like it should be a much brighter kind of day. there'll be a few mist and fog patches to start off with, plenty of sunny spells around with just a few isolated showers coming and going. it continues to be pretty mild. temperatures around 16 to 18 c. then we've got some strong winds to finish the week up with. with further heavy outbreaks of rain and the outlook through the weekend and the first part of next week as it stays unsettled with more

fairly wet and windy weather.

live from london. this is bbc news. the lebanese red cross says 18 people have been killed in a rare israeli attack on the north of the country — in the christian—majority region. israel's army chief describes as a painful blow, sunday's drone strike by hezbollah on a military training base in which at least four soldiers were killed.

in gaza — more than 60 people are said to have been killed in israeli air strikes over the past 2a hours. dawn sturgess was poisoned by a nerve agent in wiltshire six years ago. today the public inquiry into her death begins. taiwan has condemned large—scale military exercises by china, taking place on all sides of the island. the uk government says the issue should be settled peacefully through constructive dialogue. and the latest search for life in the solar system — nasa prepares to launch a mission to europa, one ofjupiter�*s moons. hello, i'm ben brown. lebanese officials say at least nine people have been killed in an israeli strike in aitou in northern lebanon — the lebanese red cross says 18 were killed. this would be the first time israel has targeted

the christian—majority northern region in a year of hostilities.