And is expected to meet National Security adviserjake sullivan. Blinken told the Un Security Council on tuesday that he would work with the Chinese Foreign minister to prevent the middle east conflict from spreading. But talks with china are also expected to focus on trying to resolve disagreements on other issues, including trade. Earlier this week, beijing restricted the exports of graphite, of which it produces 90 of the worlds supply. Graphite is a Critical Metal used in many products including electric cars. The us responded by advising its top tech firms which included nvidia to stop exporting some of their latest ai products to china. Soaring demand for its chips has driven nvidias share price up by more than 200 over the past year, with china being its leading buyer. Joining me now is rory green, chief china economist, and head of asia research, at ts lombard. Thanks for being with us today. What you expect to come out of these talks . ,. ,. , you expect to come out of these talks . ,. ,. , talks . These talks are generally uuite a talks . These talks are generally quite a positive talks . These talks are generally quite a positive sign, talks . These talks are generally quite a positive sign, finally talks . These talks are generally i quite a positive sign, finally some improvement in us china relations. And they are really designed to pave the way for a meeting of the top guys, president buttle marco and biden hopefully in the us later this year. So that is the aim, to set the stage for president ial meetings in the us stage for president ial meetings in the us xi stage for president ial meetings in the us xijinping. Flan stage for president ial meetings in the us xijinping. Stage for president ial meetings in the us xijinping. The us xi jinping. Can we expect that subsequent the us xi jinping. Can we expect that subsequent meeting the us xi jinping. Can we expect that subsequent meeting to the us xi jinping. Can we expect that subsequent meeting to lead i the us xi jinping. Can we expect that subsequent meeting to lead to any kind of rapprochement and china relaxing those expert curbs on graphite or the us allowing those highly technical ai chips to head across to china again . Unfortunately not. Ithink across to china again . Unfortunately not. I think we across to china again . Unfortunately not. I think we have across to china again . Unfortunately not. I think we have had across to china again . Unfortunately not. I think we have had the across to china again . Unfortunately not. I think we have had the trade i not. I think we have had the trade war kicked off by President Trump and we are now firmly into a tech war with really the us leading on these largely Ai Semiconductor chip related moves and china being quite passive really. They are in a relatively vulnerable position in terms of their reliance on foreign imports in the semiconductor supply chain, so they are not really willing to escalate, it is quite high risk for china. But the us i think will continue to push and maintain quite a strong position on the tech side, even as they move to stabilise diplomatic relations with beijing. fin stabilise diplomatic relations with beiinu. Stabilise diplomatic relations with beiin. ,. , stabilise diplomatic relations with beiin. ,. , stabilise diplomatic relations with beiin. ,. ,. , beijing. On a separate note, we have also had news beijing. On a separate note, we have also had news of beijing. On a separate note, we have also had news of the beijing. On a separate note, we have also had news of the former beijing. On a separate note, we have also had news of the former chinese | also had news of the former chinese premier passing away of a heart attack at the age of 68, li keqiang. He did step down from his post earlier this year. I wonder, would you say there is a geopolitical significance to his passing . Perhaps not geopolitical. Significance to his passing . Perhaps not geopolitical. But significance to his passing . Perhaps not geopolitical. But certainly, not geopolitical. But certainly, Domestic Political event for china, he is being remembered very fondly by the wider populace within the prc. He was a reform orientated Prime Minister and generally quite popular. And the passing of previous reform orientated individuals has triggered protests and moments of unrest in the past. I think it is highly unlikely this time round, but it is certainly something to watch, how the official memorials to the Prime Minister li keqiang are carried out. Prime minister li keqiang are carried out Prime Minister li keqiang are carried out. , ,. , ~ Prime Minister li keqiang are carried out. ,. , ~ carried out. Robbie green, thank you ve much carried out. Robbie green, thank you very much for carried out. Robbie green, thank you very much forjoining carried out. Robbie green, thank you very much forjoining us carried out. Robbie green, thank you very much forjoining us with carried out. Robbie green, thank you very much forjoining us with those i very much forjoining us with those thoughts today. Rory green. Here in the uk, an independent review commissioned by the bank natwest into its decision to close accounts belonging to the former Brexit Campaigner nigel farage has identified serious failings in the way he was treated. But its also concluded that the decision was primarily a commercial one, and carried out lawfully. Our International Business correspondent theo leggett has the details for us. You might remember that this was a story that during june and july really focused attention in the uk on the decisions that banks take over who they do business with. Mr farage, a well known Brexit Campaigner, announced that he had had his accounts closed and he claimed it was because of his political views and that he was facing persecution. The bbc later ran a story which suggested the actual reason his accounts were closed was because he didnt meet strict financial criteria for accounts at the bank in question, an upmarket private bank called coutts owned by the natwest group. Mr farage came back fighting and revealed documents suggesting politics did come into it. Dame alison rose, the chief executive of natwest admitted she was the source of the bbc story and she apologised and she resigned. The bank then commissioned this review from the law firm travers smith. The review has said quite clearly the decision was made predominantly on commercial grounds. It said his political views, mr farages political views did come into it, but they were not the main feature. It said there were serious failings on behalf of natwest, but that was mainly in the way the decision was communicated to mr farage and also in the way that dame alison spoke to a bbc journalist about his private financial affairs, which was a Data Protection breach. So this review has come in and mr farage has claimed it is a white watch, he said it is laughable. Dame alison has said it shows the error she committed were relatively minor whitewash. She thought something was in the Public Domain when it wasnt. So overall, im not sure this review satisfies anybody, but it does try and inject clarity into what did become a major scandal over the summer. Become a maor scandal over the summer. , become a maor scandal over the summer. ,. , profits at amazon have almost tripled to 9. 9 billion in its latest quarter at the worlds biggest retailer. It also forecast that sales would continue to rise at a robust pace for the rest of the year. Its also been in cost cutting mode, in response to the high inflationary environment. Michelle fleury reports. It was a Strong Performance by amazon. The E Commerce Giant said revenue climbed 13 in the quarter, despite challenges posed by inflation and rising interest rates. Sales in North America were up 11 from a year ago. And globally, the picture was even stronger. Sales rose i6 . Now, amazons Advertising Business is a growing part of its portfolio. Freevee is its ad supported streaming Video Service, and its going to be bringing ads to its core prime Video Service early next year. The company also highlighted its work in the generative ai space, a hot topic among all Tech Companies this earning season. As for sales at its all important cloud business, well, Amazon Web Services climbed to 23. 1 billion, but investors remain concerned that the pace of growth in that unit is slowing. After results this week from microsoft and google, it seems tech giants are sending mixed signals about the cloud market. Former twitter is now called x and verified users now need to pay for a blue tick on the platform and twitter x has also lost nearly half its advertising revenue. According to several analytics firms. James clayton reports from san francisco. A year ago, elon musk famously, infamously walked into Twitter Holding a sink. Let that sink in, he quipped, before firing huge swathes of its staff. If quipped, before firing huge swathes of its staff. As , g; of its staff. 30 seconds left, 35 seconds. Of its staff. 30 seconds left, 35 seconds, everybody of its staff. 30 seconds left, 35 seconds, everybody here, of its staff. 30 seconds left, 35 seconds, everybody here, we | of its staff. 30 seconds left, 35 i seconds, everybody here, we are of its staff. 30 seconds left, 35 seconds, everybody here, we are all about to get fired. It seconds, everybody here, we are all about to get fired. About to get fired. It was emblematic about to get fired. It was emblematic of about to get fired. It was emblematic of his about to get fired. It was emblematic of his erratic leadership. He slept in the office, changed twitter� s name to x, talked about fighting Mark Zuckerberg who launched a rival to twitter called threads over the summer. I got a taste of that unpredictability when i messaged him to ask for an interview six months ago. A few hours later, he was telling me he had appointed his doctor and twitter. I had appointed his doctor and twitter. ,. , twitter. I am not the ceo of twitter, twitter. I am not the ceo of twitter. My twitter. I am not the ceo of twitter, my dog twitter. I am not the ceo of twitter, my dog is twitter. I am not the ceo of twitter, my dog is the twitter. I am not the ceo of twitter, my dog is the ceo. Twitter. I am not the ceo of. Twitter, my dog is the ceo of twitter. �. ,. ,. , twitter. But although some have left the platform. Twitter. But although some have left the platform. It twitter. But although some have left the platform, it has twitter. But although some have left the platform, it has been twitter. But although some have leftj the platform, it has been remarkably resilient. A year on, x formerly known as twitter, still exists. Threads, Mark Zuckerbergs rival, has not been the twitter killer some touted it to be. But it still has major problems. Despite what elon musk says, independent analysts eight twitter� s user numbers are falling. It eight twitters user numbers are fallina. , eight twitters user numbers are fallina. , eight twitters user numbers are fallina. ,. , falling. X has put out different numbers saying falling. X has put out different numbers saying things falling. X has put out different numbers saying things were. Falling. X has put out different numbers saying things were going great, numbers saying things were going great, that there must be something oin great, that there must be something going on great, that there must be something going on that we are not seeing. But basically, going on that we are not seeing. But basically, everything is down on a year ago basically, everything is down on a ear auo. ~ ,. , basically, everything is down on a earauo. ~ ,. ,. , year ago. Advertisers have also shunned the year ago. Advertisers have also shunned the platform year ago. Advertisers have also shunned the platform and year ago. Advertisers have also shunned the platform and the l year ago. Advertisers have also i shunned the platform and the eu year ago. Advertisers have also shunned the platform and the eu has criticised it for high levels of disinformation. He hired a former Advertising Executive over the summer to try to bring them back. Many of you in this room know me and you know many of you in this room know me and you know i many of you in this room know me and you know i pride many of you in this room know me and you know i pride myself many of you in this room know me and you know i pride myself on many of you in this room know me and you know i pride myself on my many of you in this room know me and you know i pride myself on my work. You know i pride myself on my work ethic you know i pride myself on my work ethic but you know i pride myself on my work ethic. But buddy, you know i pride myself on my work ethic. But buddy, i you know i pride myself on my work ethic. But buddy, i met you know i pride myself on my work ethic. But buddy, i met my you know i pride myself on my work ethic. But buddy, i met my match. I ethic. But buddy, i met my match. But some ethic. But buddy, i met my match. But some investors ethic. But buddy, i met my match. But some investors say ethic. But buddy, i met my match. But some investors say advertisers wont come back until a platform is better moderated. I wont come back until a platform is better moderated. Better moderated. I think that twitter is dying, better moderated. I think that twitter is dying, i better moderated. I think that twitter is dying, i think better moderated. I think that twitter is dying, i think it better moderated. I think that twitter is dying, i think it is i better moderated. I think that i twitter is dying, i think It Isjust Dying twitter is dying, i think It Isjust Dying right twitter is dying, i think It Isjust Dying right now. And i think twitter users dying right now. And i think twitter users like dying right now. And i think twitter users like me dont want it to die because users like me dont want it to die because it users like me dont want it to die because it has become such a valuable because it has become such a valuable resource for me. But it is dying valuable resource for me. But it is dying so valuable resource for me. But it is dying so i valuable resource for me. But it is dying. So i dont care what elon says~ dying. So i dont care what elon says it dying. So i dont care what elon says. It doesnt matter what he says. Says. It doesnt matter what he says, there is a reality and there is a fantasy says, there is a reality and there is a fantasy is a fantasy. The fantasy he is referring is a fantasy. The fantasy he is referring to is a fantasy. The fantasy he is referring to is is a fantasy. The fantasy he is referring to is mr is a fantasy. The fantasy he is referring to is mr musks is a fantasy. The fantasy he is referring to is mr musks big l is a fantasy. The fantasy he is referring to is mr musks big dreams for x. This is what he told me he wants x to become. For x. This is what he told me he wants x to become. Twitter is an accelerant wants x to become. Twitter is an accelerant to wants x to become. Twitter is an accelerant to x. Wants x to become. Twitter is an accelerant to x. What wants x to become. Twitter is an accelerant to x. What does wants x to become. Twitter is an accelerant to x. What does that l accelerant to x. What does that mean . What accelerant to x. What does that mean . What does accelerant to x. What does that mean . What does it accelerant to x. What does that mean . What does it mean . Accelerant to x. What does that i mean . What does it mean . Well, accelerant to x. What does that mean . What does it mean . Well, i ruess ou mean . What does it mean . Well, i guess you will mean . What does it mean . Well, i guess you will have mean . What does it mean . Well, i guess you will have to mean . What does it mean . Well, i guess you will have to stay mean . What does it mean . Well, i guess you will have to stay tuned i mean . What does it mean . Well, i| guess you will have to stay tuned to find out. We guess you will have to stay tuned to find out. ~. , ~. ,. , find out. We now know a little bit more. Find out. We now know a little bit more he find out. We now know a little bit more. He wants find out. We now know a little bit more. He wants x find out. We now know a little bit more. He wants x to find out. We now know a little bit more. He wants x to do find out. We now know a little bit| more. He wants x to do streaming games, video calls, banking, you name it, the everything gap. That was embarrassing, name it, the everything gap. That was embarrassing, i name it, the everything gap. Trust was embarrassing, i almost died. Name it, the everything gap. That was embarrassing, i almost died. But ultimately, x still gets the majority of its revenue through advertising. If it is going to survive in the short term at least, it needs to bring them back. James clayton, bbc news, san francisco. The British Airways owner has a recorded record profits from july to september. The Airline Group which also includes iberia, vueling and aer lingus said it boosted capacity by almost 18 with the delivery of 20 new aircraft. Iag says its forward bookings are looking good, but that its mindful that economic and geopolitical uncertainties could affect the rest of this year. The failed Crypto Tycoon sam bankman fried better known to many by his initials, sbf has taken the stand in his fraud trial. The former chief of the collapsed Crypto Exchange ftx faces several charges, including defrauding his customers by as much as 10 billion, charges that he has denied. He told a judge in new york that he was acting on legal advice in good faith. The judge has not yet decided whether sbfs testimony will be heard by the jury. Earnings season is the main driver today, a flurry of Companies Reporting we have heard from amazon. The ftse 100 up by reporting we have heard from amazon. The ftse100 up by a fifth of 1 . In paris, down byjust over half of 1 , and that is the check of the price of brent crude, inching towards 90 a barrel. Stay in touch with the bbcbusiness team and me on socials, im tadthnright. Ill be back in a few hours, until then, goodbye. Bbc news, bringing you different stories from across the uk. It dont get much worse than this. Just look at the height of it. Then and now. But in the space of two months, theres been no clear up here on The Streets Of West Marsh and mark lawless, whos campaigning against fly tipping, says the problem has only got worse. What have we got here, then, mark . Prams. Tinned food. Plastic bottles. Food waste. You can tell by the smell, the area doesnt smell too pretty. Its even on the street corners. All over the town. Both grimsby and cleethorpes. If you go round, youll notice theres hundreds of discarded trolleys full of rubbish. What a shock, a trolley full of rubbish today in grimsby, its been clear to see just how much, or how little, has been done to clear up this problem. That should have been took. But with councils not responsible for the clear up of private spaces like alleyways, its difficult to see how all this will change without help from the community. This is not normal. Kids will grow up thinking this is normal. Its only going to get worse. Change, of course, wont happen overnight, but what many Litter Campaigners are hoping for is at least some improvement. For more stories from across the uk, head to the bbc news website. Hello from the bbc sports centre. Lets start with the cricket world cup, where weve reached the business end of the group stages. Pakistan are hoping to rescue their campaign as they take on south africa, who could go top of the table with a win. Pakistan won the toss in chennai, chose to bat but have been hampered by the fall of regular wickets. Pakistan realistically need to win all of their remaining group games to stand a chance of progressing to the semi finals. At the rugby world cup, the bronze medal match between england and argentina takes place later on friday, but the build up has been overshadowed by england accusing world rugby of denying tom curry a fair hearing over his allegation
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