by caving in to tory mps who are complaining about gary lineker. they have got this one badly wrong and now they are very, very exposed as is the government. us regulators shut down silicon valley bank in the biggest banking failure since the 2008 financial crisis. the bbc has cancelled two of its football shows, football focus and final score, after a number of presenters and pundits refused to take part as controversy continues over the corporation s decision to take gary lineker off match of the day. the presenter will not be hosting the programme tonight after criticising the government s language about migrants on social media. bbc radio 5 live has also been affected, with schedules disrupted. former bbc director general greg dyke said the corporation had made a mistake and undermined its own credibility. last night the bbc said that gary lineker would be stepping back until there is an agreed and clear position on his use of social media. our media correspondent dav
banks were down substantially on thursday when rumours emerged on this. jpmorgan, the largest bank in the us actually was up 2.5% yesterday. so i think most investors had decided this was an isolated event and do not expect this to spread further. event and do not expect this to spread further. 0k, thank you for talkin: to spread further. 0k, thank you for talking to us- spread further. 0k, thank you for talking to us. appreciate - spread further. 0k, thank you for talking to us. appreciate it. - the man nominated as prime minister by china s president has been formally elected by the country s parliament. li qiang is the former communist party leader of china s biggest city, shanghai. a close ally of president shee, he s considered a pragmatic a close ally of president xi, he s considered a pragmatic and business friendly appointee to manage the challenge of reviving the country s flagging economy. mr li is one of a number of loyalists whom the president is expected to install in k
and the dear is that will make all of us less likely to switch to lower carbon forms of transport, and will also reduce the pressure on airlines to reduce their emissions. as many parts of the world are facing soaring temperatures and serious droughts china has been particularly hard hit by a record heatwave. severe droughts are threatening crops and drying up riverbeds. officials have issued a national red alert with some provinces experiencing temperatures of over 40 degrees. the heatwave has also affected hydro electric power forcing companies to temporarily shut down and leading to other energy saving measures. 0ur beijing correspondent stephen mcdonell reports. in august, laoye temple is normally surrounded by water. this year, you can walk to it across the dry bed of poyang lake. for 70 days, the yangtze river basin has been caught in a record heat wave, and low river levels have hit hydroelectricity production.