plus, alibaba's share price surges after a strong earnings report. in artificial intelligence? hello and welcome to business today. i'm steve lai. where he's been speaking about his federal cost—cutting initiative. argentina's presidentjavier milei was also in attendance, during the conference, musk said he's thinking of auditing the federal reserve. he has called for greater he has called for greater scrutiny of the central scrutiny of the central bank in the past. bank in the past. the trump ally is heading a new advisory body known as the department known as the department of government efficiency — or doge — and has said that "waste of government efficiency — or is pretty much everywhere". the department of government efficiency is but one part of president trump's policy of president trump's policy moves since assuming moves since assuming office a month ago. office a month ago.

in that time, we've also heard his proposals to place tariffs on trading partners. desmond lachman — former deputy director at the international monetary fund — explained these proposals are stoking fears for investors and businesses worldwide. we don't see it yet in the numbers, but it has to engender a great degree of uncertainty both in the us and abroad. how are you supposed to make an investment plan if you don't know whether the tariff on steel and aluminium will be 25%, or if you will revert to what you had before? so even if he does not follow through on the tariffs, i believe he is doing damage, really affecting the investment climate, and certainly that is the case abroad. but if he follows through on tariffs, then i fear that is going to throw the world into a recession.

samsung is facing a significant labour dispute in india — more than 500 workers have been holding a sit—in for two weeks. the bbc�*s arunoday mukharji is tracking developments from delhi. mukharji is tracking what mukharji is tracking are these protests all about? what are these protests all about? , ., , ., , about? the protest as i functioning _ about? the protest as i functioning out - about? the protest as i functioning out of- about? the protest as i functioning out of the l about? the protest as i - functioning out of the samsung india workers union who are sitting in process essentially demanding the reinstatement of three workers who were suspended by the samsung management. samsung on its part has called these protest illegal, they have also urged the state government, where this plant is situated, to intervene in the matter. we are yet to hear what the road ahead

intervene in the matter. we are yet to hear wh permanentahead rotation of the permanent staff who are there. it is also to understand that important to understand that this is not the first time we have seen strikes at this less six months ago plant. less than six months ago there was a similar strike for over a when workers over a month when workers demanded better pay and facilities. that was resolved m1 m samsun said the whfirfimsmg' saidtheyr would their concerns. whfirfimomg' ooidtheyr would their concerns. this address their concerns. this plant is fairly important plant id fairly important. ..u.........u..., it plant id fairly important" ” ' ' " it primarily because it primarily manufactures refrigerators, washing machines, sets and §o=hlfl§ moth'flfl rattan? accounts for one fifth of also accounts for one fifth of samsung's total sales in - ive you ive you an give you an example, in 2022 2023, $12 billion of sales samsung. both sides looking m totry to, resolve the issue as as possible but it is an soon as possible but it is an ongoing dispute and we will keep tracking that.- ongoing dispute and we will keep tracking that. thanks to trackin: keep tracking that. thanks to tracking it — keep tracking that. thanks to tracking it. us. _ keep tracking that. thanks to tracking it. us. thank - keep tracking that. thanks to tracking it i us. thank you | tracking it for us. thank you very much. arunoday mukharji in delhi. investors in the asia—pacific are assessing inflation data coming out of japan. prices accelerated injanuary — putting pressure on households.

albeit at a slower pace — according to a private sector survey. in hong kong. three months of 2024just above estimates, boosted and ai—powered cloud computing. tech bosses, including alibaba founderjack ma. developments are good news for the tech giant. the two highlights from the results are e—commerce, and the other

is obviously the ai—powered cloud businesses, and they grew time for either business to grow double—digits for several years. baba demonstrated their very strong and dominant position in al, and they will be one of the clear revolution in china. the bank follows the likes ofjp morgan and goldman sachs ritika gupta has more from new york. the trump administration. the bank will no longer have

aspirational representation candidates from diverse backgrounds. the ceo, jane fraser. the bank will rename its diversity, equity on his first day in office, donald trump banned dei citigroup facilitates much of the us government's payment network domestically and internationally, and legal pressures. have already retracted their diversity programs, their diversity programmes, as well as tech giants like meta, amazon and google. companies to curtail their dei efforts via executive order, he can amp up the partisan

political pressure. and some companies have cited those political shifts when scrapping dei programs. the maker of lays and 7—up will end workforce representation chief executive ramon laguarta said the move is to ensure that the company is "responsive to local markets". walmart shares have fallen by around 6% — the boss of the retail giant said it was an uncertain time as resilient and focused on value going forward. on board a plane that crash—landed

delta's spokesperson said that the money offer has "no strings attached". of immigration continues to be at the top of voters' minds. start—up association. but also marketinglsalesl, , so germany is dependent on immigration and that

to the world that we are saying we don't want you here. to help us because the jobs we will see in the industries change after the election. yes. and do you have any hope that, whatever the new government prioritise education, skills — whether that is reskilling or upskilling — to make sure the workforce prepared for the future? it is clear in every study you see, and every politician knows it, and it's now a matter of acting if we take so long to accept degrees from other countries it's not realistic any longer.

government to certify whisky distilled in england as single export industry. site in scotland. the scottish government said that it will "protect the decision about who will be the nextjames bond now rests with amazon — its mgm studios has the franchise has been closely guarded by the broccoli family for decades, but the long—time producers are now as long for a new film, or potentially and that's it for this edition of business today. thanks for watching.

was partly caused by how the british army handled her complaint about sexual assault. that's what a coroner said. after he forcefully tried to kiss her at work social. but the coroner said she was put under pressure and following a miscommunication through a personnel boss has apologised, saying the army says it's handed over the bodies of four israeli hostages. and her kids, were killed in an israeli airstrike. some other stories now.

he kissed the spanish women's playerjenni hermoso the manslaughter charges against liam payne's friend and here is 10 seconds of tula 2. so who is that, are you asking? well, that is my new obsession. getting ready to meet the public for the very first time. that's you all caught up now. see ya.

our top stories. luis rubiales guilty of kissing her international team—mate without consent. a six to round off a six—wicket win. favourites india are up and running in the champions trophy. and saturday's world heavyweight title fight is off after ibf champion daniel dubois is taken ill in saudi arabia. hello again, welcome along. backed the guilty verdict for luis rubiales with a fine of around $10,000 for kissing hermoso

case that concluded on thursday, with rubiales also