on a new deal which could end a six—week long stand—off. plus — the imf warns the world to avoid a global trade war. hello and welcome to business today. i'm steve lai. some breaking news, 64% of boeing workers have rejected a contract offer which included a 35% pay rise over the next four years. ritika gupta is live in new york with the latest — 64%, it wasn't even close. 6496, it wasn't even close. it 64%, it wasn't even close. it wasn't. boeing machinists have rejected the latest offer, thereby extending the strikes and as you mention, it wasn't even close, 64% voted in favour

of rejecting it. there are no current talks set, but the union president has been speaking and says he wants to change that, he said the reason for the rejection is that the lack of the pension is still at the heart of the matter and he says he doesn't want —— and he says he doesn't want —— and he says he doesn't want —— and he says he once bound to get back to the negotiating table so he will reach out to the white house for help in facilitating those talks and to bring boeing back to the table. the table was the 35% increase in wages over the next four years and about 33,000 unionised workers mainly in seattle have now rejected that. while the salary offer, whilst closer to what the strikers were demanding, they wanted a0%, seems that the lack of the pension plan is still a big issue for them. in still a big issue for them. in this stilla big issue forthem. in this coming off the back of the fact they have reported huge losses in this latest quarter.

it begs the question, what is next for them?— it begs the question, what is next for them? well, you are uuite next for them? well, you are quite right. — next for them? well, you are quite right. a _ next for them? well, you are quite right, a difficult- next for them? well, you are quite right, a difficult time i quite right, a difficult time for bowing and i think now they will have to get back to the negotiating table. for boeing, the new ceo, the restructuring plans will have to be stalled, we know there has been a halt in production of the keyjet so that will continue. we have heard from the results of billing, $6 billion quarterly loss, the worst since 2020, so the big financial implications there, but also outside of boeing, the suppliers are going to take a hit in production, we could see some more lay—offs there. it has also been a new study that says the economic hit for the economy could be about $7.6 billion so far. the new ceo _ about $7.6 billion so far. the new ceo certainly _ about $7.6 billion so far. the new ceo certainly has his work cut out for him. we also had earnings from tesla. the company reported a beat on profits for the third quarter, but it was really

its guidance that got investors excited. elon musk�*s company now estimates a 20% to 30% bump in vehicle sales next year. that news sent shares of tesla soaring 12% on wall street. our north america tech correspondent lily jamali has the details. tesla shares were under pressure going into this earnings report because there were indications of the company being poised to post its first—ever annual decline in vehicle deliveries in 202a. that appears to be no longer the case, the company saying it is forecasting a slight growth for this year, and blockbuster growth in the order of 20 to 30% for next year. when you hear about elon musk talk about the company, these days he is trying to position it as notjust an electric vehicle maker but a company that is more focused on the broader array of technologies including artificial intelligence and self driving technology. we saw the roll—out of the cyber cab last month in los angeles. but the safety of the company's technology has been

a persistent issue for tesla. last week the us safety regulators announced it is opening a probe into the company's driver assistance technologies. there is concern that the self driving ambitions of the company are untested. then there's the issue of elon musk�*s politics. in the us presidential election he has thrown his support behind donald trump — some say that is a turn—off for would be tesla customers. let's turn now to the imf—world bank meetings currently taking place in washington. the us economy has been in focus — with the imf upgrading its growth forecasts for 2025. but concerns are rising over the outcome of the us election next month. the bbc�*s faisal islam sat down with the imf�*s deputy managing director gita gopinath, and asked her if she's concerned about a broad—based trade war, should donald trump get re—elected. if you look at the group of g20 countries, the us is the only country where the level of gdp

is higher now than we had predicted before the pandemic. we said, well, in 2024, we had an estimate of what the projection of the level of gdp would be in the us in 2024, it is higher than that. but one of the flip sides of that is high levels of debt, and ongoing deficit into the future, even before the presidential election. are there any concerns about the us and its fiscal position? one of our main messages at these meetings is that the world is sitting on very high levels of debt, and also we are projecting the debt will continue to grow. right now the world is sitting at about $100 trillion of debt, it is the point we have made that given how strong the us economy is, it doesn't really need this level

of fiscal, size of fiscal deficit, our recommendation always, this is true for all countries, is that this is the moment to rebuild your fiscal buffers. we don't want to be drawn too much into the presidential election but in general terms, when you have a potential policy, notjust of targeted trade barriers but general 10%, 20% tariffs on everything from every country, what is that going to do to the economy from the economist�*s perspective? we have looked for instance, if you have small levels of fragmentation, the effect on world gdp is small, about 0.2%, but if you have serious decoupling and broad scale use of tariffs, you could end up with a loss of close to 7%. so these are very large numbers, 7% is basically losing the french and german economies, that's the size of the loss. so there would be a big trade war between the us

and europe and china and japan alljoining in. it would be a very severe fragmentation. we are not there yet. are you optimistic for the world economy right now? we have to look at the bright side, it is a world that has been resilient after some very tough knocks, inflation has come down, growth is at 3.2%, we would love it to be higher but it's not bad, given all the shocks the world has faced but we have to prepare for what may come in the future. in russia, the back to some it has been taking place. —— with the brics summit. the foreign policy expert from russia expect the group might not be as tightly knit as they appear. what putin desperately wants is to have key agreements on some new financial infrastructure that goes along with the brics

organisation to allow him to evade sanctions, spoke about that specifically today, russia pushing hard for an agreement on that language to be included. i think sometimes you wonder about how important this is for putin. some research on his speeches of the last two years, he mentions this topic more often than he mentions nato. that being said, he not had a lot of success, there have been similar readouts at this summer before, there are technical reasons why this structure will not work brazil in particular is going to say things, the lad didn't come to the summer and china will send officials but the key economic request we see putin want to even from resident she, he has yet to receive. so it really is an organisation, brics, but they arejust building an organisation, brics, but they are just building a larger pile of bricks. the they are just building a larger pile of bricks.— pile of bricks. the german chancellor _ pile of bricks. the german chancellor is _

pile of bricks. the german chancellor is leading - pile of bricks. the german chancellor is leading a - chancellor is leading a high—level delegation to new delhi today to expand trade, economic ties with asia's third largest economy. our correspondentjoins us from mumbai. tell us what's on the agenda. mumbai. tell us what's on the aaenda. ~ .. agenda. well, in fact the aaenda agenda. well, in fact the agenda arrives _ agenda. well, in fact the agenda arrives later- agenda. well, in fact the agenda arrives later day| agenda. well, in fact the i agenda arrives later day but with almost all the meeting it is tomorrow that the has bilateral meetings scheduled for the will be discussing a range of issues from economic cooperation to things such as defence, security and trade ties. germany is very keen to enhance its ties with india is at once to reduce its overreliance and dependence on china and this particularly comes as there have been growing trade disputes between china and the european union are a range of issues including things such as tv tariffs. india is particularly well positioned to capitalise on a relationship like this because it has been already positioning

itself as an alternative destination for many of the global supply change that have been wanting to diversify away from china. there are some 2000 german companies that already operate in india with the likes of volkswagen as well as dhl saying they would be looking to invest lanes of dollars more. one more thing i would be watching out for is for these talks are concern is whether say anything about restarting negotiations on the long pending free trade agreement between the eu and india, that has been languishing for a long time. �* , , ., time. it'll be interesting to see they — time. it'll be interesting to see they pick _ time. it'll be interesting to see they pick up _ time. it'll be interesting to see they pick up on - time. it'll be interesting to see they pick up on that i time. it'll be interesting to i see they pick up on that one. thank you. thank you. thank you. thank you forjoining us, see you again soon.

hey, i'm lola with the catch up. tonight — idris elba plans a move to africa, safe sex for seagulls, and tom holland's spidey senses are back. but first, firearms officers who face trial over shooting a suspect will have their identities hidden unless they are found guilty. that's been announced by the government minister responsible for public safety.

it comes after officer martyn blake was found not guilty of murdering 24—year—old chris kaba, who was shot and killed after police stopped him in a car in south london in 2022. his family say they were devastated and will fight for justice. some other stories now. two survivors of the manchester arena bombing have won a high court harassment case against a former tv producer who falsely claimed the attack was staged. martin hibbert and his daughter eve sued richard hall for harassment and data protection. it was the first case against a conspiracy theorist in the uk. and idris elba has announced plans to move to africa and invest in its booming film industry. the actor has several ongoing projects across the continent, including a film studio in ghana and an eco—friendly city in sierra leone. and do you think seagulls are a menace? well, one west midlands town certainly does, and they have a new tactic to deal with them. seagull food in worcester

could be laced with contraceptive pills to reduce their numbers following reports of attacks. time now for ten seconds of some good news, sure to get your spidey senses tingling. it's happening. cheering yep, tom holland has announced that his fourth spider—man movie will begin shooting next summer. you're all caught up. have a great night. hello there and welcome along to sportsday. i'm gavin ramjaun. barcelona thrash bayern munich 4—1 in the champions league thanks to a hat trick from rafinha. we hearfrom england captain ben stokes ahead of england's test series decider against pakistan on thursday. and oleksandr usyk and

tyson fury face the media and each other ahead of their eagerly anticipated rematch later this year. hello there and welcome along to the programme. and we start with another evening full of goals in the champions league on wednesday. none more so than at barcelona, who got the better of fellow european heavyweights bayern munich in some style. rafinha's hat trick helping them to a 4—1 win. the winger opened the scoring in the first minute before harry kane equalised for bayern in the first half. robert lewandowski restored barca's advantage before two more superb finishes from rafinha sealed the points for the home side, who get their second win of the competition. in these games, if you're able to keep the ball against a team like barcelona, you take a little bit away from that game, but we weren't able to do it

for 90 minutes and therefore the momentum shifted a little bit.