i'm steve lai. the headlines: marine le pen�*s hard—right national rally party is projected to have won the most votes in the first round of the parliamentary election in france. it is crunch time for all candidates in the uk as the country heads to the polls on thursday. i will have the latest. the three lines through to the gaudu file of the euro 2024 tournament after beating slovakia in extra time. and as r&b singer sizza closes the glastonbury festival, we'll bring you a special report on this year's women headliners. it is eight in the morning in singapore and two a.m. in paris. where exit polls from the first round of france's parliamentary elections, suggest the far—right have made historic gains. turnout was the highest, for 40 years. marine le pen�*s hard right national rally party came top, with more than a third of the vote, followed by a surge in support for the left wing coalition, with around 28% of the vote. president macron�*s gamble to hold the snap election, saw his centre right al

i'm steve lai. the headlines.. a crush at a religious festival in northern india — has left more than 100 people dead. the un says a quarter of a million people in southern gaza are trying to flee from khan younis — after the israeli military issued evacuation orders the former british nurse lucy letby has been found guilty of the attempted murder of another baby after multiple convictions last year hurricane beryl advances toward jamaica after becoming the atlantic's earliest ever category five storm. less than 48 hours before the uk general election — former prime minister boris johnson makes a surprise apperance to help boost rishi sunak�*s campaign welcome to bbc news — broadcasting to viewers in the uk and around the world. we begin in northern india where at least 116 people have been killed in a crush at a religious gathering. many of the victims are women and children. a large number of people are being treated in hospital. there are fears casualties could rise. authorities in the state of u

hi there i'm steve lai. we'll be back in paris with maryam for more on the olympic's a bit later.ut in the meatime let me get you up to speed with events elsewhere. i want to take you back to paris for the opening ceremony, because it is now under way. let's take a look at some live pictures on the streets of paris people take on the spectacle of the games. 300,000 fans are expected to line the river and watch the sermon, that's a lot more then would be able to watch in a stadium like in the 2012 olympics for example. we will check in with mary moshiri later on. and we'll start in the us, here former president, barack 0bama, has endorsed the vice president kamala harris in the race for the white house. in a phone call mr 0bama and his wife, michelle, said they would do everything to get her into the oval office. kamala! 0h, hi, you're both together! oh, it's good to hear you both. i can't have this phone call without saying to my girl, i kamala, i am proud of you. this is going to be historic. | we called to say michelle and i couldn't be prouder to endorse you and to do everythin

i'm steve lai. it was another record day on wall street.avy nasdaq beat its record set the day before. the rally comes after weaker economic data boosted hopes for interest rate cuts as the bbc�*s north america business correspondent michelle fleury reports. wall street's record—breaking rally, what drove it, investors digested several reports pointing

i'm steve lai.er—than—expected delivery and a second quarter. the bbc�*s north america business correspondent michelle fleury has all the details. after going through a slump, tesla may have finally turned a corner thanks to demand for its model three sedan and its model y suv. the company delivered nearly 444,000 cars in the last three months, a figure that is up sharply from the previous quarter, although it's still down nearly 5% from a year ago. as a result of these better than expected

i'm steve lai. the headlines... the white house says joe biden has covid, but the symptoms are only mild. donald trump prepares for his nomination acceptance speech at the republican national convention on thursday night. before that — it's the big night for his vice—presidential pick, jd vance. this is the scene live in milwaukee. we'll have the latest as the republican party sets the stage for those headline moments. in the uk — pomp and circumstance, as charles delivers the first king's speech of the new labour government. and a new drug increases lab animals life spans by nearly 25%. scientists hope it can slow human ageing, too. hello there. it's 7am in singapore, and 7pm in washington — where the white house says presidentjoe biden has tested positive for covid—19. we've just received these pictures showing him cutting short his trip to las vegas and getting on board a plane, which will take him to delaware, where he will recuperate. his press secretary said mr biden is vaccinated and boosted.

i'm steve lai. we start with boeing. around two decades ago, the plane maker changed the way it was doing business and began outsourcing production of some of the major components of its biggest—selling planes, like the 737 max and the 787 dreamliner. now, it's reversing course and bringing one of its biggest suppliers, spirit aerosystems, in—house. our north america business correspondent erin delmore has more on that $4.7 billion deal. the move comes after months of renewed scrutiny on the aerospace giant, after a door plug blew off a boeing jet mid—flight injanuary. that followed two fatal crashes in 2018 and 2019, which killed 346 people. since then, congress, the department ofjustice, regulators, airlines and customers have demanded boeing raise its standards on safety and quality control. the change will allow boeing to have greater oversight and influence over spirit aerosystems, which has been criticised for its own share of quality control problems. that includes ill—fitting panels and improperly drilled holes.

i'm steve lai. the ev mega shares of tesla surged 10% off reporting better—than—expected delivery and a second quarter. the bbc�*s north america business correspondent michelle fleury has all the details. after going through a slump, tesla may have finally turned a corner thanks to demand for its model three sedan and its model y suv. the company delivered nearly 444,000 cars in the last three months, a figure that is up sharply from the previous quarter, although it's still down nearly 5% from a year ago. as a result of these better than expected performance, tesla retains the title as the world's top seller of electric cars. meanwhile, there was also good news out of general motors. the detroit auto—maker said electric car sales hit a new record, but those double digit gains still account for only a small percentage of its overall business. nonetheless, the upbeat news is being seen as a positive sign at a time when us car—makers face increased competition from the likes of chinese firm byd, as we

i'm steve lai. it was another record day on wall street. the s&p 500 set an all—time high for a second straight day this week, while the tech—heavy nasdaq beat its record set the day before. the rally comes after weaker economic data boosted hopes for interest rate cuts as the bbc�*s north america business correspondent michelle fleury reports. wall street's record—breaking rally, what drove it, investors digested several reports pointing to a slowing economy. hiring by private employers were higher in june, mcdonald's has been forced to shorten its breakfast timings in australia by 90 minutes, amid a shortage of eggs thanks to bird flu outbreaks. the disease has been making the rounds in the country over the past few months, forcing authorities to euthanize over a million affected hens. in a statement mcdonald's said they were working hard with farmers across australia and their suppliers to return back to normal as soon as possible. chinese president xijinping has met with russian president vladimir putin in astana, kazakhstan. this is th

i'm steve lai. the headlines: jamaica has been declared a disaster zone as hurricane beryl brings devastating winds, rains, and storm surges to the island. the white house insists president biden will stay in the race despite mounting questions about whether he should continue. the president is clear eyed and he is staying in the race. i don't have anything else beyond that. he is staying in the race. that is what the president has promised to do. and a 51,000—year—old rock painting is discovered in indonesia, thought to be the oldest cave art in the world. welcome to bbc news. it's 8am in singapore and 7pm injamaica, where hurricane beryl has hit, with winds recorded of nearly isomph. the vast category four storm has left a trail of devastation as it barrels its way through the caribbean. on one island, union, 90% of homes have been destroyed or damaged. jamaica's prime minister has urged residents to follow evacuation orders and warned of the potential damages. during the passage of the hurricane

i'm steve lai. we begin where citizens here in asia where citizens injapan�*s capital have re—elected the governor for a third term. it's a key election because tokyo is an economic engine of japan. it's approximately the same size as the economy of the netherlands. its economy is approximately the same size as the net zeroer —— as the net zeroerlands. she will have an annual budget worth $100 billion as her disposal as they continue to push to be the main finance senator. but what will her top priority be as she enters herfirst term? it means the tokyo citizens have chosen continuity over drastic change. obviously she has been a popular governor and people appreciate her policies and implementations childcare and medical infrastructure. she also navigated covid. that's recognition for her performance.— that's recognition for her performance. that's recognition for her erformance. ,, . performance. she said her main challenae performance. she said her main challenge was _ performance. she said her m

i'm steve lai.we kick off a new month and the official start of the second half of 2024, let's recap some of the key challenges the global economy faced over the past six months. in the us, the federal reserve has not provided much clarity on lowering the cost of borrowing, as the economy grapples with a major cost—of—living crisis. china's growth recovery is also concerning amid a persistent property crisis and soft domestic consumption. added to that are geopolitical tensions, with wars in ukraine and the middle east fueling global uncertainty. i spoke with jameel ahmad, chief analyst at gtc group about what to look out for in the second half of the year. it was unprecedented because it was adding everything into your shopping basket. if you look at the s&p 500, new record highs more than 30 times. those are the records that co—ceo know rinaldo would be jealous of an israeli cabinet. it wasn'tjust us stock market with a fantastic start of the year. there were also hides for coco, bitcoin, and the

i'm steve lai.ther record day on wall street with the s&p 500 and the take heavy nasdaq hitting a new record high. the rally comes after weaker economic data boosted hopes for interest rate cuts as the bbc�*s north america business correspondent michelle fleury explains. wall street's record—breaking rally, what drove it, investors digested several reports pointing to a slowing economy. hiring by private employers were higher injune, a report on service sector activity from the institute of supply management was also negative. but rather than wearing investors, it boosted traders hope that this would be enough to convince america central bank to cut interest rates sooner. the market was also lifted by tesla, shares in the electric car maker rose 65%, day after reporting a milder drop in sales for the spring than analysts had feared. it was one of the strongest forces, pushing out the s&p 500 along with al darling nvidia. a reminder, all us markets are closed on thursday in observance of the fourth o

i'm steve lai. we begin with boeing — the main us aviation regulator has ordered the inspection of thousands of boeing 737 max planes, over concerns related to the oxygen masks aboard the jets. our north america business correspondent erin delmore has more on this latest probe. the federal aviation administration is acquiring operators to check the oxygen masks are as of 2600 aeroplanes. thejob is to make sure the mask seven shift at a position which could potentially leave the out of passengers reach in an emergency. any necessary corrective actions needs to be completed at the march between 120 days. earlier monday, boeing agreed to plead guilty to a criminal conspiracy charge and paid millions of dollars in fines. 27 37 max crassus killed it hundred 46 people. the issues of polling safety culture and quality control was brought back into the spotlight injanuary control was brought back into the spotlight in january when the spotlight in january when the door bell often take to make a jet mid—flig

i'm steve lai.gin here in asia, where citizens injapan�*s capital have just re—elected yuriko koike for a third term as the governor of tokyo. she was seen as the preferred candidate forjapan�*s ruling party. it's a key election because tokyo is an economic engine ofjapan. it's home to a tenth of japan's population and its economy accounts for a fifth of the country's gdp, approximately the same size as the economy of netherlands. yuriko koike will have an annual budget worth $100 billion at her disposal as the city continues its push to be asia's main financial centre. but competition has been stiff with the likes of hong kong and singapore as alternative hubs. so what will her top priority be as she enters her third term? let's bring in nobuko kobayashi to find out. thank you so much forjoining me this morning. firstly, want to get your take on her winning this third term in office. what do you put that down to? it means that the tokyo citizens have chosen a continuity over drastic change. obvious

i'm steve lai. for some time, billionaire elon musk has been threatening to move some of his companies out of california. well, now, he's announced that he's taking two major headquarters to texas. he's been sparring with policymakers in california for some time now, but the news also comes at an interesting time with the republican national convention taking place. the bbc�*s suranjana tewari explains. the tech billionaire elon musk says he is moving the headquarters of social media platform x and rocket company spacex because of a new gender identity law in california. he's describing it as the last straw. the law forbids school districts from requiring teachers to notify parents when a child changes gender identity or sexual orientation. in a post on x, mr musk said... spacex a move from company to texas. with this news elon musk will have relocated most of the business he controls to texas to be back in 2021, he moved tesla's headquarters to texas as well. mr musk has in the past expressed disda

i am steve lai. jerome powell appeared at capitol hill for his second yearly report to congress. aaron delmore has more details on his testimony including clues about where interest rates are headed. for months, jerome powell has said that he and others are waiting for more evidence that inflation has hit down to the sustainable target before they cut interest rates. to be sure that line made its way into its testimony today, but there are also clues this time is changing. he said the us economy is no longer overheated and acknowledge the once red—hot labour market is cooling. just the kinds of things that would pave the way for future rate cuts. things that would pave the way forfuture rate cuts. here is mr powell. it for future rate cuts. here is mr powell-— for future rate cuts. here is mr powell. it does not seem likely that — mr powell. it does not seem likely that the _ mr powell. it does not seem likely that the next - mr powell. it does not seem likely that the next policy i likely that the next policy move would be a rate increase. we do not take things like that of the

i'm steve lai. leaders in china have promised to tackle major economic challenges like weak domestic demand, local government debt and a property crisis. the remarks came from an important meeting on the economy in beijing, which has now concluded. we've heard many of these promises before, but there's still no indication of exactly how the leadership plans to turn the economy around. katrina ell, director of economic research at moody's analytics, explains why beijing was short on specifics. i think it really goes down to the fact that china is struggling with a lot of severe and problematic structural concerns. as you've mentioned, the property market, local governments�* indebtedness is high, households and more broadly domestic demand is weak. and these problems are not easy to solve, and so i think there was a lot of hope heading into this plenum that we would see some concrete measures that would lay out a nice, clear plan on how they're actually going to improve the significant challenges, bu

reporting live from singapore, i'm steve lai. new popular front. jean—luc melenchon says he is ready to form a new government. new prime minister, keir starmer, tours the uk's nations, with his first stop scotland. the israel army has issued new evacuation orders to palestinian residents and displaced families in several districts of gaza city. concerns continue to grow overjoe biden's public performances, with the us congressman, adam schiff, saying vice president kamala harris could win the election. it's 8 in the morning in singapore, and 2am in paris, where the second round of france's parliamentary elections looks set to deliver a very surprising result. marine le pen's far—right party is forecast to come third in a poll in which they were expected to come top. the left—wing new popular front is now forecast to win between 184 and 186 seats in total. le pen's national rally is projected to have between 1111 and 143 mps —

i'm steve lai.was another record day on wall street where the s&p 500 and the tech heavy nasdaq hitting new record highs. the rally comes after weak economic data boosted hopes for interest rate cuts at the bbc�*s north america business correspondent michelle fleury explains. wall street's record—breaking rally kept going on wednesday during light trading in an abbreviated session, white rabbit? investors digester and several reports pointing to a slow economy. hiring by private reporters was lower—than—expected injune, lower—than—expected in june, the lower—than—expected injune, the number of americans claim unemployment was higher than forecast while a report on service sector activity from the institute for supply management was also negative. but rather than wearing investors, in boosted traders hope that this would be enough to convince america central bank to cut interest rates sooner. the market was lifted by tesla, shares in the electric car maker rose 65%, day after reporting a milder drop

welcome to newsday, reporting live from singapore, i'm steve lai.to summit takes place in washington, aiming to bolster support for ukraine as the military alliance marks its 75th anniversary. pressure mounts on president biden with growing calls from fellow democrats to drop out of the us presidential race. an israeli airstrike on a camp for displaced people in gaza — medics say at least 29 people are dead. and, actor alec baldwin in court for his trial over a fatal shooting on the set of the film rust. hello and welcome to the programme. we ta ke we take you straight to the ronald reagan institute in washington, dc where president zelensky is speaking. exnected _ zelensky is speaking. expected from _ zelensky is speaking. expected from november. it seems that people do not even know that nato has expanded by two new countries at once and this is a historic event, but it is in the shadows of another story. it is time to step out of the shadows to

i'm steve lai. we began in the us where presidentjoe biden hasjust presidentjoe biden has just wrapped presidentjoe biden hasjust wrapped up a national address. following the week and assassination attempt on donald trump at a rally. the former president suffered a slight wound to his ear and already in milwaukee for the republican national convention which kicks off monday. biden said the trump shooting calls for everyone to take a step back and coal the temperature in politics. he called on americans to stand together. i'm beginning, ourfun is understood the power of passion so the credit democracy. they created balance a chance to prevail over brute force, that the america we must be. american democracy where we remain in good faith. american democracy with the will of law respected. american democracy were decency, dignity, fairplay are notjust quiet notions but leaving, breathing realities. without investor explained what the weekends unprecedented events could mean four markets in the us presi

i'm steve lai. we begin with boeing. the main us aviation regulator has ordered the inspection of thousands of boeing 737 max planes, over concerns related to the oxygen masks aboard the jets. our north america business correspondent erin delmore has more on this latest probe. the federal aviation administration is requiring operators to check the passenger oxygen masks on some 2,600 aeroplanes. theirjob is to make sure the masks haven't shifted out of position, which could potentially leave them out of passengers�* reach in an emergency. the inspections, and any necessary corrective actions, need to be completed within 120 to 150 days. this is the latest sign of trouble for the once—stored and now—embattled aviation giant. earlier monday boeing agreed to plead guilty to a criminal fraud conspiracy charge and pay a $243 million fine. that was in relation to two 737—max crashes that killed 346 people more than five years ago. the issue of boeing�*s safety culture and quality control was brought back into the spotlight in

i'm steve lai. in the us, chips stocks lost more than $500 billion in market value after a report said the us was mulling tighter curbs on exports of advanced semiconductor technology to china. shares in equipment provider asml, nvidia and and arm were all down. i'm joined now by markets analyst bob o'donnell, out of california. bob, great to speak to you again. what your reaction, voice the main thing we should understand about this potential move? ., ., ~ , understand about this potential move? , , , ., move? look, these type of restrictions _ move? look, these type of restrictions have _ move? look, these type of restrictions have already i move? look, these type of. restrictions have already been in place, the market has already priced a lot of this in, so it's kind of surprising to see this dramatic a reaction was that it feels a little unnecessary to be quite honest with you. my guess is regardless of the outcome of the election, i know a lot of people are asking about that, i think we will se

i'm steve lai.winds, rains, and storm surges to the island. the white house insists president biden will stay in the race despite mounting questions about whether he should continue. the president is clear eyed and he is staying in the race. i don't have anything else beyond that. he is staying in the race. that is what the president has promised to do. and a 51,000—year—old rock painting is discovered in indonesia, thought to be the oldest cave art in the world. welcome to bbc news. it's 8am in singapore and 7pm injamaica, where hurricane beryl has hit, with winds recorded of nearly 150mph.

i'm steve lai. reporting live from singapore. winner sees them through to sunday's final. democrats pile the pressure onjoe biden. nancy pelosi urges him to make a final decision while george clooney says he should step aside. nato confirms it will support ukraine's "irreversible path" to membership, on the second day of the military alliance's summit in washington. and france and germany call for investigations after four israeli strikes on schools in gaza in the past four days. we have a special report from fergal keane. we begin with football and england are through to the euro 202a final. they beat the netherlands 2—1 in the semi—final in dortmund. ollie watkins was the hero of the night — somehow threading through the winner in the 90th minute. england now play spain in sunday's final. the england manager, gareth southgate, has come in for a lot of criticism from fans for the team's style of play. speaking after the game, he said this result vindicated his tactics. i was pleased with the quality of our play, it will

i'm steve lai, reporting live from singapore.t the us president says he's going nowhere. russia's latest attacks on ukraine kill at least 36 people. in the capital kyiv, the main children's hospital is largely destroyed. people in the centre of gaza city say they are seeing some of the heaviest fighting since the war with israel began. and families face deportation from australia because of its laws on people with disabilities. it's 8:00 in the morning in singapore, and 8pm in washington dc where joe biden is coming under increasing pressure to drop out of the presidential race. more senior us democrats have publicly urged president biden to step down. congressman adam smith said if mr biden were to continue his campaign for re—election, it would be a mistake. earlier, the us president had insisted he's not going anywhere. 0ur north america editor sarah smith reports from washington. evry

i'm steve lai, reporting live from singapore.than a hundred people dead. hurricane beryl advances toward jamaica after becoming the atlantic's earliest ever category 5 storm. donald trump's sentencing in the hush—money case gets delayed until september after supreme court ruling on presidential immunity. welcome to bbc news, broadcasting to viewers around the world. we begin in northern india where at least 116 people have been killed in a crush at a religious gathering. many of the victims are women and children. a large number of people are being treated in hospital. there are fears casualties could rise. authorities in the state of uttar pradesh say thousands

reporting live from singapore, i'm steve lai. the headlines.ead for the left—wing alliance, new popular front. jean—luc melenchon says he is ready to form a new government. translation: the president has the power, the president - has the duty to call the new popular front to govern. new prime minister, keir starmer, tours the uk's nations, with his first stop, scotland. the israel army has issued new evacuation orders to palestinian residents and displaced families in several districts of gaza city. concerns continue to grow over joe biden's public performances with the us congressman adam schiff saying vice president kamala harris could win the election. it's seven in the morning in singapore, and one am in paris — where the second round of france's parliamentary elections looks set to deliver a very surprising result.

i'm steve lai. we start with boeing. outsourcing production of some of the major components of its biggest—selling planes, like the 737 max and the 787 dreamliner. now, it's reversing course. and bringing one of its biggest suppliers, spirit aerosystems, in—house. our north america business correspondent erin delmore has more on that $4.7 billion deal.

i'm steve lai. shares in donald trump's social media company have surged, closing up around 31%. attempt on the weekend. analysts say the gains reflect bets that the shooting had improved mr trump's chances of winning the us presidential election in november. that would lead to a looser regulatory environment, boosting investor sentiment. a potential interest rate cut is also driving market gains, as michelle fleury reports. after last week's drop in consumer prices, odds rose that america's central bank would cut interest rates at its meeting in september. now, that view got a boost on monday from the head of the us federal reserve. speaking at the economic club of washington, jerome powell appeared optimistic that inflation, well, that it was moving in the right direction and that the bank didn't need to wait for it to hit its 2% target to lower rates. so we've been very clear that you wouldn't wait for inflation to get all the way down to 2%. our test has been for the past quite some time that we wanted to have greater confidence that inflation was moving sustainably down towa

i am steve lai. jerome powell appeared at capitol hill for his second yearly report to congress.is testimony including clues about where interest rates are headed. for months, jerome powell has said that he and others are waiting for more evidence that inflation has hit down to the sustainable target before they cut interest rates. to be sure that line made its way into its testimony today, but there are also clues this time is changing. he said the us economy is no longer overheated and acknowledge the once red—hot labour market is cooling. just the kinds of things that would pave the way for future rate cuts. things that would pave the way forfuture rate cuts. here is mr powell. it for future rate cuts. here is mr powell-— for future rate cuts. here is mr powell. it does not seem likely that — mr powell. it does not seem likely that the _ mr powell. it does not seem likely that the next - mr powell. it does not seem likely that the next policy i likely that the next policy move would be a rate increase. we do not take things like

i'm steve lai. the headlines: president zelensky is in the uk for a summit of european leaders.counting on uk leadership with this new step, because he will push other countries. a us media report says former president barack 0bama has told allies thatjoe biden needs to "seriously consider" his candidacy. the uk home secretary condemns attacks on public transport and police vehicles as disorder breaks out in leeds. a nearly complete dinosaur skeleton becomes the most valuable fossil ever sold at auction.

i'm steve lai.other countries that are routing shipments of steel and aluminum through mexico in a bid to evade tariffs. our north america business correspondent erin delmore has all the details. back and may present biden implemented higher tariffs on steel and aluminium. concerns have remained in the imports could stick into the us duty—free through mexico which is a special treat relationships between the us and canada. but the us and mexico are taking joint steps and mexico will require importers to supply more information about a products country of origin which we need to be provided when the products are imported to the us and still imported from mexico will still get hit with the us 25% tariff on it is shown to have been noted in borden mexico. the us or canada. aluminium for mexico will still be subject to the

i'm steve lai.well, now, he's announced that he's taking two major headquarters to texas. he's been sparring with policymakers in california for some time now, but the news also comes at an interesting time with the republican national convention taking place. the bbc�*s suranjana tewari explains. the tech billionaire elon musk says he is moving the headquarters of social media

hi there i'm steve lai. we'll be back in paris with maryam for more on the olympic�*s a bit later.people take on the spectacle of the games. 300,000 fans are expected to line the river and watch the sermon, that's a lot more then would be able to watch in a stadium like in the 2012 olympics for example. we will check in with mary moshiri later on. and we'll start in the us, here former president, barack obama, has endorsed the vice president kamala harris

i'm steve lai.f boeing 737 max planes, over concerns related to the oxygen masks aboard the jets. our north america business correspondent erin delmore has more on this latest probe. the federal aviation administration is acquiring operators to check the oxygen masks are as of 2600 aeroplanes. thejob is to make sure the mask seven shift at a position which could potentially leave the out of passengers reach in an emergency. any necessary corrective actions needs to be completed at the march between 120 days. earlier monday, boeing agreed to plead guilty to a

i'm steve lai. was seen as the preferred candidate forjapan's ruling party. it's a key election because tokyo is an economic engine ofjapan. it's home to a tenth of japan's population and its economy accounts for a fifth of the country's gdp, approximately the same size as the economy of netherlands. yuriko koike will have an annual budget worth $100 billion at her disposal as the city continues its push to be asia's main financial centre. but competition has been stiff with the likes of hong kong and singapore as alternative hubs. so what will her top priority be as she enters her third term? let's bring in nobuko kobayashi to find out. thank you so much forjoining me this

i'm steve lai.mestic demand, local government debt and a property crisis. the remarks came from an important meeting on the economy in beijing, which has now concluded. we've heard many of these promises before, but there's still no indication of exactly how the leadership plans to turn the economy around. katrina ell, director of economic research at moody's analytics, explains why beijing was short on specifics. i think it really goes down to the fact that china is struggling with a lot of severe and problematic structural concerns. as you've mentioned, the property market,

i'm steve lai.economic data boosted hopes for interest rate cuts at the bbc�*s north america business correspondent michelle fleury explains. wall street's record—breaking rally kept going on wednesday during light trading in an abbreviated session, white rabbit? investors digester and several reports pointing to a slow economy. hiring by private reporters was lower—than—expected injune,

i'm steve lai.ness correspondent with more details on this testimony including more details on his testimony, including clues about where interest rates are headed. he said that he and others are waiting for more evidence that inflation is heading back down to the 2% target before they can begin cutting interest rates. to be sure, that line made its way into the testimony again and there is clues the tides are changing. powers of the us economy is no longer overheated and acknowledge that the once red—hot labour market is calling. just the kinds of things that would take things away from the rate cuts. the next policy — away from the rate cuts. the next policy move _ away from the rate cuts. the next policy move would increase we do _ next policy move would increase we do not — next policy move would increase we do not take things like that of the — we do not take things like that of the table but that does not seem — of the table but that does not seem like the likely direction that seems

i'm steve lai. we start with boeing.ss and began outsourcing production of some of the major components of its biggest—selling planes, like the 737 max and the 787 dreamliner. now, it's reversing course and bringing one of its biggest suppliers, spirit aerosystems, in—house. our north america business correspondent erin delmore has more on that deal. the move comes after months of renewed scrutiny on the aerospace giant, after a door plug blew off