For chinese shares. A good day for china investors today. Not a huge surprise given a number of factors impacting on the china markets today, the largest of course being stimulus and hopes of more stimulus. Just before the golden week holiday we heard of a number of measures designed to boost china's economy, including a cut in rates as well as extra liquidity to boost the bank lending and about $350 billion to support china's stock market as well. The recent stimulus measures, have are chemical in generating and changing what are often some structural problems that come about in the chinese economy?— come about in the chinese economy? come about in the chinese econom ?. ,. , economy? there have been a view. Is economy? there have been a view is when _ economy? there have been a view. Is when it _ economy? there have been a view. Is when it comes economy? there have been a view. Is when it comes to view. Is when it comes to turning around china's fortunate this part of the cycle, but it looks like the stimulus measures which are the largest since the pandemic, show an extra resolve for china to turn around what has been driving the weakness. We have a look at the manufacturing numbers, they are still weak. The latest raids on china's api where low, below the 50 level which separates contraction from expansion, and if we look at the manufacturing numbers which looks at smaller businesses, 49. 3. We know the markets are forward—looking and thatis markets are forward—looking and that is why we are seeing a big jump that is why we are seeing a big jump in terms of the market. That is because markets react before events actually happen. In conjunction with the stimulus announced in terms of gold a week, expectations of extra stimulus is driving hopes that will really help the property sector, which has been a major drag on the chinese economy. A major drag on the chinese economy— a major drag on the chinese econom. ~ ,. ,. , economy. When it comes to oil markets. _ economy. When it comes to oil markets. They _ economy. When it comes to oil markets, they have _ economy. When it comes to oil markets, they have been economy. When it comes to oil. Markets, they have been dropped in recent times due to the ongoing tensions in the middle east. How exposed as china? all east. How exposed as china? all rices east. How exposed as china? fill prices are so important, not only to china, but companies across the globe. We know fundamentals are a strong driver of a future earnings price and if we have a look at oil price, it feeds into earnings expectations in almost every single company that is listed out there on the market. That is because transportation costs are a big part of goods and services, so rising oil prices really do act as a dampener in terms of earnings expectations. Last week, we saw oil prices are surging, the energy sector was the best performing sector, and starting this week we have seen oil price is trading above 80 us a barrel, so a major risk to the rally as oil prices and the impact it has in dampening earnings expectations. fix, impact it has in dampening earnings expectations. Ajulia leader. Samsung electronics has forecast an almost three fold jump in its third quarter operating profit. Despite this, the world's largest memory chip, smartphone and tv maker missed analyst expectations. Its shares fell by more than i% in south korea on tuesday. The company has struggled to tap into the strong demand for artificial intelligence processors. Let's now turn to india, where the president of the maldives is on a five—day visit to the country. He's been having extensive meetings with prime minister narendra modi. Both sides have announced a range of measures to help the island nation overcome a severe economic crisis. Nikhil inamdarjoins us from mumbai with the latest. Thank you forjoining me. Can you give us some more detail on what has been announced so far? some important financial measures have been announced. Essentially to help the maldives tide over its economic crisis. This includes india extending two currency swap arrangements, one for 30 billion rupees, another for about billion rupees, anotherfor about $400 million. They have also agreed to start free trade negotiations between the two sides and get more indian tourists to visit the maldives. All of this comes as the island nation has been battling a foreign exchange crisis and the debt free obligation measures are coming into fruition, particularly to countries like china. This diplomatic visit is also a bit of a u—turn for the maldives because the president came to power on the back of a very anti—india campaign, seen as being very close to china, and india was made to remove all of the military presence it had on the island nation and that there were several derogatory remarks made by ministers of the maldives made against prime minister narendra modi, which pitted diplomatic strain on the relationship between the two countries over the last couple of years. Of course, the minister here needs the money to repay a lot of the data the maldives has, about for india to is also important the relationship continues —— the relationship continues —— the depth. It has competing interests with china in the indian ocean where the maldives is located. Google says it will appeal a ruling in the us which says the firm must open its app store to competition. It is the latest development of an antitrust case brought by fortnite's maker epic games. On monday, a usjudge issued an injunction which takes effect in november. This blocks google from paying developers to use its google play store exclusively. A usjudge has authorised a bankruptcy plan for ftx to return money to customers, using over $16 billion in recovered assets. The crypto exchange's collapse in 2022 left customers and investors facing billions of dollars in losses. Most stakeholders will get their money back under the deal. The global head of uber says cheap chinese electric vehicles entering uk and european markets are ultimately good for the environment. He spoke to the bbc�*s business editor, simonjack, and said the company wanted to electrify its fleet of cars and that tariffs aren't helping. I think cheap chinese vehicles are a good thing for the environment. And i will tell you that china is transitioning from notjust being cheap, but also being high quality as well. And for us, we want to electrify our fleet and we want to make sure that it is affordable for our drivers to switch over to evs. Now, the political considerations of tariffs, etc, are not something that we can comment on, etc, but ourfocus is on the environment, and we think chinese vehicles that are low cost, that are high quality, could be a very important part of the switchover to evs. Do you have a view on tariffs — good thing, bad thing? i don't have a view on tariffs. 0k. But they make these cheap cars and these high quality cars more expensive in some of your key markets. By what you've said so far, it would follow you think that's a bad thing? i think if i'm taking a pure climate view, it would be a negative, just being honest. Are we just at a moment of revolution and disruption and that in all of these cases where you have disruption, you have some people, some legacy players who don't make it? and are we at that moment right now? listen, that's the definition of disruption, right? every revolution, changeover in platform usually starts with a huge amount of momentum, and then you've got to keep pushing. It'll go through a period of difficulty, which i do think we are in evs, and you've got to keep pushing through. And the fact is that change can affect some players negatively, but this is a change in the name of climate and emissions, and i believe we have to keep pushing forward. What do you say to the consumer, the uber consumer — you're saying that you should be able to have a preference for an ev vehicle, are you telling consumers just be a bit more patient and wait for an ev? well, we're setting actually a new product that we are offering for riders for them to set an ev preference, but we will only dispatch an ev if the difference between the dispatch is only a couple of minutes. So we're not saying, hey, wait 15 minutes, but if you have to wait another two or three minutes to help the environment, why not make that investment in terms of your own time? so be more patient to help the environment? a couple of minutes isn't going to kill anyone. Do you not think that there is a danger that we're becoming more sedentary and lazier as a result of things like uber? i think that technology generally — screens, etc — do come at a societal cost, right? and you and i are sitting here having. . . Including uber? listen, uber is part of it, although uber, within the scope of the time that people spend on uber is actually pretty low. But i think it's ultimately up to the individual, right, to balance out their lives, to make sure that they have real—life interactions. Can you out—amazon amazon? is that the goal? well, it's not going to be us. It's going to be us teaming up with merchants all around town. If you think about how we started in terms of where we started with transportation, we moved to food, moving food around, and now we're expanding beyond food to pet food, groceries, anything that you would want. Those products are available through the uber marketplace, but increasingly we're allowing merchants to offer on their own sites the ability to offer on demand delivery for whatever they're selling. So you can get pet food from your local shop to be delivered with an uber eats courier in the next hour or two. Ultimately, we think that convenience can be even better than amazon and it can support your local business, which i think everyone wants — to support their local businesses in their town. The global head of erb are speaking with our business editor. —— of uber speaking with our business editor. And that's it for this edition of business today. Thanks for watching. Hey, welcome to the catch up. It's a year on from the october 7th attacks. We'll hear from people living in israel and gaza. First tonight, israel, hamas and hezbollah all launched more assaults on monday. The israeli army say over 100 missiles were fired by hezbollah into israel. In gaza, ten people have been killed and dozens more injured in an israeli strike on a refugee camp. That's been reported by a hamas—affiliated news outlet. The israeli army said they'd repelled an attack by forces in yemen. People across israel and the world are remembering last year's october 7th attacks in which hamas killed about 1200 people and took 251 hostage. And since that date, the hamas—run health ministry say nearly 42,000 people have been killed during israel's campaign in gaza. Michal 0hana was attending the nova festival when hamas attacked. The terrorists, they saw me and they shot me on my leg. And it was the sad day in my life. In this day, i lost ten of my friends and two of my friends they kidnapped, and they are still there in gaza until today. Bisan 0wda is from gaza. She's been posting updates on her instagram about her life under fire. Herfilm with aljazeera won an emmy last month. We need to praise the resilience of our people and how our people is resisting daily the trials, the israeli trials to delete them. And if you want to know more about all of this, we have a panorama special on the bbc iplayer. That's us for tonight. Take care. Have a good night. Hello there, i'm 0lly foster. Here's what's coming up for you on sportsday. Manchester city claim a legal victory, but so do the premier league. If there is a winner, then what will the impact be on the business of football? england's women edge closer to the semifinals at the t20 world cup, with their second win at the tournament. And chasing the america's cup dream in barcelona — we'll hear from the ineos britannia skipper ben ainslie. Hello there, welcome along. An independent arbitration panel dealing with manchester city's legal challenge against the premier league's associated party transaction — apt — rules has published its decision. It's found in favour of city regarding two