Job for controversial billionaire elon musk. Here's ritika gupta with the details. The main highlight of donald trump's address was a push to cut the corporate tax rate to 15% for companies that make their products here in the us. This would be a big reduction from the current rate of 21%. A key policy victory from trump's own 2017 tax law set to expire in 2025. Now, while a 15% corporate rate would be a big win for large us companies, it would also contribute to rising deficits. It means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can be as high as 37%. His proposal is in stark contrast to his rival, kamala harris, who has called to raise the corporation tax to 28%. Trump's proposals also include an idea from tesla ceo elon musk to create a government efficiency commission. This would be to eliminate wasteful federal spending — a shot at the biden—harris administration's spending levels. I will create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government, and making recommendations for drastic reforms. We need to do it. Can't go on the way we are now. And elon, because he's not very busy, has agreed to head that task force. This comes as both trump and harris are ramping up their efforts to court swing state voters as well as business executives in an election where the economy is a dominant issue. Later on friday, the us will release a crucialjobs report. Data out on thursday showed private employers hired the fewest workers in 3. 5 years in august. There are concerns that signals a sharp slowdown in the labour market. Markets are anxiously waiting for friday's report as that could clarify how fast the us central bank will cut interest rates at its september meeting. Plenty more analysis on why the jobs data matters so much on our website. President xijinping has promised to step up china's support across china with $51 billion over three years. The money will go towards infrastructure projects and the creation of at least 1 infrastructure projects and the creation of at least1 million jobs. President xi made the announcement at a gathering in beijing. Forthe announcement at a gathering in beijing. For the china africa cooperation summit. Eric olander told me the forum has largely been a success. Imagining a buy dollars is the wrong way because they some that they announce in theseis some that they announce in these is no mechanism so there apply if china follows through on delivering it but it's much more important to look at the substance of these meetings, the consistency and this is where different from europe and united states and other partners because every three years, they have these meetings and they're very important to stabilising this increasingly vital geopolitical relationship. Vital geopolitical relationshi. , , relationship. Given china's current economic relationship. Given china's current economic sort relationship. Given china's current economic sort of l current economic sort of struggle, other able to afford these initiatives that they seem so keen to push? they are, let's not forget _ seem so keen to push? they are, let's not forget that _ seem so keen to push? they are, let's not forget that $10 let's not forget that $10 trillion economy so the amount of money that we are talking about allocating to places like africa is rather insignificant in the larger scheme of things. And again, a lot of the money in this new package is going to be in the form of credits which will be devoted to chinese companies are so, in many respects, it's not going to be the type of sovereign loans that we saw in the past to build large—scale infrastructure projects in africa, those days are gone. This is part of the new smallest, beautiful error which is the evolution of the road to reflect the new realities both in terms of environment and debt sustainability. It in terms of environment and debt sustainability. — debt sustainability. If you're sa in: debt sustainability. If you're saying that _ debt sustainability. If you're saying that this _ debt sustainability. If you're saying that this money debt sustainability. If you're saying that this money is i debt sustainability. If you're i saying that this money is going to go back to chinese companies that are working in these african nations, how much of a benefit do the people in these african nations really benefit? they benefit from more engagement from chinese corporate actors and by the way, it's no different from what the european union and united states does, when the us ships corn from iowa to africa, that's mostly for the corn farmers in iowa and offered africans sell. So in this respect, china is no different than any of the other major actors but we do see and again, it's important to pull away from the numbers and look at the breath of the engagement, they talked about agriculture, jobs and reflected a lot of african priorities in that speech which again shows and revolution of the relationship being more balanced than it was ten years ago. Being more balanced than it was ten years age— ten years ago. 0pec+ is delaying _ ten years ago. 0pec+ is delaying a _ ten years ago. 0pec+ is delaying a plan ten years ago. 0pec+ is delaying a plan oil ten years ago. 0pec+ is l delaying a plan oil output ten years ago. 0pec+ is delaying a plan oil output for october and november. This comes after oil prices in a nine—month load due to concerns about the wiccan global economy and slow demand from china. The uk has set out in legislation to improve oversight of water companies, sewage spills ahead a record high in 2023 with private companies being blamed for the pollution. Fame is what is the country's bigger plan has been criticised for lacking a billions of dollars in debt. Critics say steaks by foreign companies and foreign well funds are part of the problem. They study and explain our funding and water usually works. ~. , , funding and water usually works. ~. , , works. What utilities can be run by private _ works. What utilities can be run by private companies i works. What utilities can be i run by private companies and they can be run by the government so i think those are run by sovereign wealth funds to be quite rare but i don't want to say that — that is not really the root of the problem because ownership doesn't really determine performance because as you see, some government utilities like the ones in singapore which did quite well but you can also see that private contractors like the one in manila be quite well so the ownership structure whether there is public, i think, it may not determine how it worked out in the end. So what about themes water, what they need to do right? that would take _ they need to do right? that would take more _ they need to do right? that would take more than they need to do right? that would take more than two i would take more than two minutes but as you know, they were in asia for injakarta where the privatisation happened and at some point, they were in china, quite a lot of it has to do with processing. It's surprising because there's a lot of unhappiness about the plan to raise prices but i do want to say that in real terms, prices haven't gone up in the uk, in the past ten years, i'll give you an example, in singapore, the what utilities are run by the what utilities are run by the government on a zero profit basis but it's also on a zero subsidy bases and so, its price to cost recovery. And there, in 2017, we had one price increase and recently another price increase in 2017, the price of what has gone up about 15% — about 48%. So even when a government runs a water utility price increases have come quite fast and furious in the past few years. In the uk, not really so i think, if you don't have price increases, you get into your revenue stream. Mina; into your revenue stream. Why on earth with _ into your revenue stream. Why on earth with the _ into your revenue stream. Why on earth with the ceo into your revenue stream. Why on earth with the ceo of into your revenue stream. Why on earth with the ceo of a beer company want to destroy his first—ever consignment of beer just before it goes to market? here are some that happen to bill and his men explaining why and what he learned. — and what he learned. Scariest moment in — and what he learned. Scariest moment in our _ and what he learned. Scariest moment in our company's moment in our company's history, destroying the first truckload of beer we ever had package to go out the door. The first time we ever felt the full truckload of beer, our first order really got the door. We didn't feel that great about the quality of the beer ultimately, it was in the package and we have no money in the bank account, we had almost no resources, we had a three person team and we decided to destroy the full truckload and get it right for the benefit of our customers. Full—strength alcoholic beer is one of the world's best preservatives in ethanol in the product, non—alcoholic beer does not have that protection so, early on, we were learning that without that preservative, our product wouldn't be so stable on the shelf for very long. We went to the incredible investment in all of our breweries, since then, we've never had to question that we are sending out the highest quality products to our customers. In our biggest take away from all of this is that a business here, we only get one chance to make a first impression so put your best foot forward. — impression so put your best foot forward. Restaurant chain at red lobster _ foot forward. Restaurant chain at red lobster has _ foot forward. Restaurant chain at red lobster has received at red lobster has received court approval for the restructuring plan that will help the restaurant chain axa bankruptcy. Under new ownership red lobster will keep all 544 locations open preserving 30,000 jobs, the orlando base chain which closed in 19 three locations before filing for bankruptcy says the new owners will invest more than $60 million to revitalise the brand. The uk competition watchdog has launched an investigation into ticketmaster over the use of dynamic pricing for the sales of oasis tickets. The competition and market authority says it will act and assess if people are given clear information about the price that they had paid. That's a story that is caused quite a bit of anger, you can read all about it on bbc. Com. Have a great weekend. Hey, i'm lola with the catch up. Tonight, oasis tickets investigation, jack draper into the us open semis, and a rare fireball. But first, olympian rebecca cheptegei has died four days after allegedly being set on fire by her ex—boyfriend. The ugandan marathon runner was reportedly doused with petrol at her home in kenya. The government there says more needs to be done to tackle gender—based violence in the country. Some other stories now. A crew member on a royal navy helicopter has died after the aircraft ditched into the english channel during a training exercise last night. Two others were rescued but were not seriously injured. And an investigation has been launched into the sale of oasis tickets. The competition regulator is looking into whether ticketmaster breached breach consumer protection law, including the use of dynamic pricing. And jack draper has reached his first grand slam semifinal. The 22—year—old's break—out run at the us open reached new heights as he became the first british man to reach the finalfour in new york since 2012. He'll play in the semifinals on friday. Youtube is to restrict recommendations of certain health and fitness videos to teenagers. It says 13—to—17—year—old users will still be able to search for and view fitness related content, but will not be encouraged into repeated viewing of similar videos. Time now for ten seconds of a fireball. A small asteroid was spotted lighting up the night sky in the philippines. It's only the ninth asteroid ever spotted by humans before hitting earth, and you're all caught up. Have a great night. Hello and welcome to sportsday — i'mjane dougall. Scotland's misery continues, after a disappointing euros, a late penalty at hampden gives poland the win in the nations league. He's in charge of all three formats now. Head coach brendon mccullum says he expects test captain ben stokes to also be all in with his commitment. And he didn'tjust break it, gb�*s dan pembroke smashed the world record twice in the para javelin. Welcome to the programme.