hello and welcome to business today. i'm steve lai. let's start in the us. opportunity. trading, down about 5% after it reported weakness in the cloud computing unit. our apologies for that. will see if we can get her back in a there 77

there hasé there hasfbeen interest bit. there hes been en'interest cut in india for the first rete set—in indie fer the first in rete set—in indie fer the first in five years. talk time in nearly five years. talk us through this. it time in nearly five years. talk us through this.— anticipated that rbi said, anticipated that the rbi go in for rate cut, wilt gs in fer thetrretereetg— — rem—7m? a 25 wittge inferthetrretereet; a 25 point the last time that cut. the last time that the rate was cut by the central bank was back in to help bank was back in 2020 to help over 1—55, ' pandemic tide over the covid pandemic which had just broken out and then they kept steady for a then they kept it steady for a while and raised again in white end'reised it egein in of 2022 because of geopolitical tensions and inflation fir—212th” : ejthey kept if they kept it 7 if they kept it at 7 if they kept it at that 7 and they kept it at that levels well so this be the as well so this will be the time in they first time in five years they go ahead for a rate will go ahead for a rate cut. it also significant this w 76? 7 are” be first monetary will be the first monetary by the �* central announcement by the new central bank governor took over when we w 7 7 7 when we spoke when we spoke to recently. when we spoke to people in the lead—up to the efififilfi ifi; eee lie“??? e§ eee said the meat, they said the environment isjust right conducive to is jest right end sendesie’s'te ”news... into isjest right end sendesisste " ~ " fl into that iejeet right end sendeeiee'te " ~ " fl into that rate cut. for one, go into that rate cut. for one, inflation remains within the comfort zone of india's central

cemfert eene ef indie's eentrel two, �* you cemfert eene ef indie's eentrel two, �*you remember bank. two, if you remember the budget by india's budget presented by india's prime dance minister prime and dance minister last week, the thrust was week. the. thrust was led growth. you saw consumption led growth. you saw the of the slabs the provision of the tax slabs to put more in indian so they can spend of indian so they can spend 77 and of indian so they can spend . . and boost consumption. ie nnere endbflst constmr�*“ , is why with a rate cut that is why with a rate cut you are going to see a similar to the economy as well, beest te the eceneegyee—teettee ,, w 7 things beest te the etenentyee—ttette— —— —— — things like home loans and things like home loans are going to get more affordable, but the thing to look out for is the grouping and is the declining grouping and remains a point of caution is the declining grouping and rbi. |ains a point of caution is the declining grouping and rbi. |ains a point rupee. on says will in best almost $100 billion ai coming year. amazon posted sales and profit in last year's final quarter

but the results were overshadowed by the weakness short of estimates. of wall street's expectations. amazonjoins microsoft and google in reporting weak increasingly impatient with big tech ploughing billions of dollars in al investments and are hungry to reap the returns. the company is contending with the fall—out from china—based of the cost. platform. who said it posed a national security threat, but what does

and could it form a part of the conversation trump later today? look, there are clear steps that the deal has to go through if it's going to successfully go ahead. through if it's going to successfully go ahead. the first step is litigation. the case is currently in front of the us courts to try and overturn the decision of president biden. whether that happens or not, ithink — i think it will be difficult. we'll see what happens we'll see what happens over the coming months. over the coming months. if the courts overturn the decision of president biden, then it goes back biden, then it goes back and then they will reconduct and then they will reconduct the analysis. the analysis. if it reaches the same conclusion, it will go to president trump to make a final decision and we'll see what happens there. what does this deal with us

steel and nippon steel, really? is it a bellwether? is it a bellwether? can we use it to tell what the mood is for trump's agenda going into his second term when it comes to trade, tariffs and his america—first policy? i think from the perspective of nippon steel, it probably is. in order to compete in the us market, having us production

and a senior nippon executive has told reporters he hopes the two leaders are expected to meet later today. he wants to buy greenland. deposits of rare earths. up in the us or eu. it's important because no one commodity should be monopolised by any one jurisdiction.

that's why digging it out of the ground outside of that jurisdiction is because they control 97% of the world's satellite. so, really everything in the modern world comes down you say getting the stuff out of the ground in greenland stuff, isn't there? that's the biggest challenge we face. we — the mine itself — will be sustainable. will make the mine profitable.

jurisdiction is up to where we get some funding from. we take a look now at the opening of the ninth beijing has ambitious targets "economy," with plans to use winter sports and tourism billion by 2030. on attractions such as the annual harbin ice festival. heron lim is an economist at moody's analytics we have a bit �*a

that. and the heilongjiang province sees organic growth. in terms of its testing of equipment in extreme climate and also attracting skiing resorts. in southern china as well. where there's a lot of attraction of these vouchers and on tourism for these consumers to take part in. those look like the ways that china is looking to attract at least the domestic audience. are they actually looking beyond china's borders? i believe they'll have to look at beyond china's borders to really seek that growth. traditionally, everything about winter sports in asia,

0ur our apologies �*the audio that clip at the start there. secretary of state marco us secretary of state marco rubio says is absurd that us rubie seys it is'ebserd thet u5 pay to go through vessels pay to gothrobgh the canal. the canal re'ected the claim. authority rejected the claim. the us makes up a significant of traffic through canal. thank e canal. thank you e canal. thank you for e canal. thank you for your cana| today. you for your ca na| today. sportsday ur ca na| today. sportsday is cana| today. sportsday is up company today. sportsday is up

hey. it's lucy with the catch up. but first, the bank of england has cut interest rates to 4.5%. what does that mean? the bank hopes it will get people spending more. threats of violence and sex.

you can listen to those interviews on bbc sounds. some survivors and relatives of those who died have voiced anger about the decision. and scientists in australia have they're hoping the process could here is 10 seconds of the puppy bowl. game using puppies. super bowl is on. how cute! that's us for tonight, have a good one.

sarah mulkerrins. 0ur headlines: centres isn't finished. you're very welcome along to the programme. let's start then with liverpool, who overturned

final at wembley next month.