shares of nvidia fall after china opens an anti—trust investigation into the chip giant. we'll have all the details. plus, we speak to a former governor of india's central bank on what lies ahead for china and the global economy. hello and a warm welcome to business today. let's begin with our top stories, china is investigating nvidia over alleged violations of anti—monopoly laws. its shares have taken a hit, falling by more than 2% in new york. our technology correspondent explains what the investigation is all about. to china's top market regulator says it's probing nvidia over suspected violations of its anti—monopoly laws. one allegation that is being made here is that nvidia may have run afoul of some

commitments it made in 2020, when it acquired an american israeli chip designer. they were light on details on what specifically nvidia may have done wrong here. this is a $3 trillion company on any given day. they have attracted the interest of anti—monopoly regulators notjust in china but in the uk, in the eu, and right here in the us as well. in response to this announcement, as you say, nvidia said it's "happy to answer any questions regulators may have about its business," but shares did take a hit on the announcement of this news dropping about 2. 5% by the close of markets here in the us. nvidia is a big player on the chip industry. what impact will have it on the us china chip war? it will have it on the us china chip war?— chip war? it seems like an escalation _ chip war? it seems like an escalation in _ chip war? it seems like an escalation in the - chip war? it seems like an escalation in the chip - chip war? it seems like an escalation in the chip war, this is the latest salvo. china is notjust going after any

american company, but one of america's most prized tech companies. there's some real frustration on the part of the chinese. last week we saw washington tightening restrictions on sales to 140 companies, a couple of which happen to be chinese chip companies. and we saw china immediately respond to that by saying they were going to limit the exports of certain minerals to the united states, so there's a real tit—for—tat here. and the bigger picture, this is part of an ongoing effort by the us to curb the flow of nvidia's most advanced chips to china. and we see that reflected in the share of nvidia revenue that's coming from china. it's been on a steady slide over the last couple of years.— couple of years. china's leaders _ couple of years. china's leaders say _ couple of years. china's leaders say they'll - couple of years. china's leaders say they'll do . couple of years. china's - leaders say they'll do more to help boost the world's second largest economy. they'll implement more fiscal measures and adopt looser monetary policy next year. this comes after meeting of the most

senior officials in the communist party. but donald trump has pledged higher tariffs on china during his second term. a former governor of india's central bank gave us a sense of what lies ahead for china. , . ., , a sense of what lies ahead for china. , . . , ., china. they clearly need to boost the _ china. they clearly need to boost the economy. - china. they clearly need to boost the economy. they l china. they clearly need to - boost the economy. they need to find a new source of growth, other than exports, that are doing boomingly right now. so it has always been domestic demand, how do you get chinese households to consume more? unfortunately many of the measures are focused on more production, ratherthan measures are focused on more production, rather than more consumption. with the impending tariffs from the united states, more production will be diverted to the rest of the world, but what china needs is its households to become more confident and to spend. for that to happen, _ confident and to spend. for that to happen, what do they need to be doing? it that to happen, what do they need to be doing?— that to happen, what do they need to be doing? if one had a wish list, _ need to be doing? if one had a wish list, the _ need to be doing? if one had a wish list, the first _ need to be doing? if one had a wish list, the first thing - need to be doing? if one had a wish list, the first thing you i wish list, the first thing you would want is to deal with the real estate crisis. housing is

probably the biggest asset that many households have. and with prices falling and continuing to fall, they can't have a strong sense of confidence. but i also think having a sensible growth model which induces confidence, yes, there will be jobs going forward, notjust for us but for our kids, typically every chinese household has one child, maybe two in some, but having a future for them is very important for confidence. at this point, dealing with the uncertainty created by the impending tariffs and having an alternative path for growth is very important for china. let's talk about _ very important for china. let's talk about the _ very important for china. let's talk about the us _ very important for china. let's talk about the us then - very important for china. let's talk about the us then with i talk about the us then with president—elect donald trump set to take office injanuary. do you think he's going to make good on the threats to impose tariffs? i good on the threats to impose tariffs? ~ �* , tariffs? i think there's three reasons why _ tariffs? i think there's three reasons why it's _ tariffs? i think there's three reasons why it's more - tariffs? i think there's three reasons why it's more likely than not. one, he is a firm

believer in tariffs in one of his talks he talked about himself as being a tariff man. the view of tariffs, a deficit for our country, is really lost jobs. and if we can bring the deficit down through tariffs, we create more jobs. deficit down through tariffs, we create morejobs. many economists would not agree with, that but that's the prevailing view. so that's one, ideology would mean more tariffs. that would create more americanjobs. but the tariffs. that would create more american jobs. but the second reason i think is that they really feel they can raise revenues. clearly with his policy of cutting taxes going forward for corporations, but extending the tax cuts that were done in 2017, they need new sources of revenue. and they see tariffs as a source of revenue. and the third reason is clearly they see this as a way of keeping china from, you know, growing fast. and given

that part of what is going on is geostrategic competition, that's the third reason, given the hawks in the coming administration, the china hawks, that's another reason why i think it will happen. how much and how fast is really the question. if much and how fast is really the cuestion. ., question. if we turn our attention _ question. if we turn our attention to _ question. if we turn our attention to india - question. if we turn our attention to india next, | attention to india next, there's a new central bank chief. what does this mean for the country going forward? i think, i mean, given it is someone from the bureaucracy, the finance ministry, that's typically been the hunting ground for central bank governors in india, i would think it really means policy continuity. the new governor will learn the ropes from people at the rbi. and there's plenty of people to give him support. as he takes on the rains —— the reins. ii support. as he takes on the rains -- the reins.— support. as he takes on the rains -- the reins. if you had advice for— rains -- the reins. if you had advice for him, _ rains -- the reins. if you had advice for him, what - rains -- the reins. if you had advice for him, what would l rains -- the reins. if you had i advice for him, what would you say? i advice for him, what would you sa ? ~ , , say? i think the issue right now is balancing _ say? i think the issue right now is balancing growth i say? i think the issue right. now is balancing growth and

inflation. core inflation has been coming down for some time, suggesting that growth is not as strong as it could be. and so, you know, once they're satisfied they have inflation under control and i think they'll look to that with food prices coming down in the future, they'll have room to become more accommodative if they choose to do so. you become more accommodative if they choose to do so.— they choose to do so. you 'ust heard about i they choose to do so. you 'ust heard about india's * they choose to do so. you 'ust heard about india's new h they choose to do so. you just| heard about india's new central bank governor. he's a career civil servant who is currently revenue secretary. his appointment came as a surprise, because many expected the current governor to be handed an extension in the role. us police have arrested a man suspected of killing the unitedhealthcare boss, brian unitedhealthca re boss, brian thompson. unitedhealthcare boss, brian thompson. luigi mangione was detained on firearm charges. he's currently held without bail. the health insurance executive was fatally shot in midtown manhattan, in what

police describe as a brazen, targeted attack. a us court has rejected rupert murdoch's plans to change the terms of his family trust, and hand control of his media empire to his eldest son, lachlan. mr murdoch's other children objected to their father's plans. this is a case that has played out behind closed doors. rupert murdoch tried to amend a 1999 family trust to give his son lachlan more control over the family media empire, bypassing siblings, prudence, elizabeth and james, who don't necessarily share his conservative views. this ruling guaranteed all the children would change the editorial stance of the murdoch family's assets. such as the times and sun newspapers in the uk, and more significantly, fox news in america, the powerhouse conservative network that had a huge influence on republican

politics and right—wing audiences. a nevada commissioner ruled that murdoch and lachlan acted in bad faith, according to a leaked court ruling. james, elizabeth, and prudence welcome the decision, saying in a statement obtained by the bbc, they hope to move beyond this litigation to focus on strengthening and rebuilding relationships among all family members. despite the ruling, the case can continue. a districtjudge must ratify the decision according to the new york times, and rupert murdoch can challenge it. south korea's finance ministry has vowed to support the country's markets, following days of volatility after the president's short lived attempt to declare martial law. they promised stabilising measures after the benchmark index hit the lowest level in a year on monday. the south korean leader has been banned from leaving the country as an investigation into his

actions continues. the market is opening for trading and is currently up over 2%. google has unveiled a new chip which it claims takes five minutes to solve a problem that would currently take the world's fastest super computers 10sep tillon years. that's ten followed by ten zeros. it has a mind boggling powerful computer. shares in hersheys hasjumped computer. shares in hersheys has jumped after reports that mondelez is considering a buy—out. more news on that

later.

i'm betty with the catch—up. tonight, what is happening in syria, the golden globes, and a woman who selects scissors. first, let's talk about what is happening in syria. over the weekend, rebel groups captured the country's capital of damascus, toppling the 50—year—old assad regime. assad has fled to russia, while back in syria, thousands of people are reported to have

disappeared under assad's regime, so crowds have rushed to this prison to search for lost relatives. lara escaped when she was six. she spent the weekend celebrating. i’m weekend celebrating. i'm celebrating _ weekend celebrating. i'm celebrating the _ weekend celebrating. i“n celebrating the liberation of my people, wearing the colours of the revolutionary flag. i had the craziest weekend of my life. my grandparents have lived through years and years of the oppressive regime, we're finally free. of the oppressive regime, we're finally free-— finally free. the golden globe nominations _ finally free. the golden globe nominations are _ finally free. the golden globe nominations are officially - finally free. the golden globej nominations are officially out, wicked's cynthia erivo is up for best actor in a comedy or musical, while arianna grande is up for best supporting actress. and like the oscars, the golden globes also have

awards for tv shows, with the bear, shogun and baby reindeer was the best contenders. 24—year—old sydney collects scissors and shows them off on tiktok. she has 400 pairs. you're all caught up now, have a good night. hello from the bbc sport centre. david coote's contract is terminated, with the governing body saying his position was untenable. scrapping for points — the pressure boils over at the london stadium, as west