american steel company and said it is vital that the company remain owned and operated in the us. this is a big deal and notjust politically. nippon steel is set to pay $14.9 billion to acquire the us giant. but politically, this is territory president biden knows well. he has cast himself as the champion of the working class and has called himself the most pro—union president in history. he made headlines for walking the picket line with striking auto union workers last fall. unionised steelworkers could land the president supporting his election bid. the four north america's largest industrial union. for his part, former president donald trump pledged to block the deal if he retakes the white house. the president of the united steel workers international welcomed the call from biden on thursday, agreeing that foreign ownership would leave the us vulnerable when it comes to prioritising its own defence and infrastructure. it is bound to be a topic of conversation between key allies when the japanese prime minister fumio kishida and his wife visit the white house for an official state visit next month. staying with the us, former treasury secretary steven mnuchin says he is building an investor group to buy tiktok. mnuchin told a tv channel that he had spoken "to a bunch of people" about buying the popular social media company. he however did not offer details about who may be in the group. tiktok faces an uncertain future in america. the house of representatives passed a bill earlier this week that could ban the app in the us, unless chinese owner bytedance sells its stake. a usjudge has ruled that chinese ride—hailing giant didi must face a lawsuit claiming that it had defrauded investors. the case is centred on the $4.4 billion that didi raised during its initial public offering in america in 2021. investors allege that didi concealed a chinese government order to postpone its us listing, until it resolved cybersecurity and privacy concerns. shares of the company tumbled after china's cyberspace regulator took action against didi, including banning it from registering new customers. didi announced plans to delist in the us months later. in the next few hours we'll hear how china's property market is performing — when the country releases its monthly housing price data. the real estate sector makes up roughly a third of the economy and has been in a severe state of crisis. but could there be some green shoots? our business reporter katie silver investigates. it was the steepest drop in namaste here and represented —— represents how unconfident people in china are about buying up property. four years investing in real estate was a fundamental part of the chinese dream. individuals borrowed to buy new condos and developers that build these properties also borrowed bake. the government liked it, he created jobs, companies formed to support the developers on the property sector became a pillar of the country's economic growth. the problem was that you had skyscrapers across the country, literally built on debt. it's an unstable foundation and the government is, spying a problem, introduced a number of rules aimed at putting a pin into slowly burst the bubble. known as the three red lines, the general principle articulated by xijinping was general principle articulated by xi jinping was a property is to be lived in, not to be speculated on. the problem was that the pen was perhaps too sharp, the bubble burst in the sector has come crashing down, having contagion impacts across the country. it is a small cache is the smaller regional areas that are feeling the hardest. loads of new apartments for sale but nobody wanting to buy. in one of them, it would take almost ten years to sell the number of apartments available given the current clearance rates and in something of a policy u—turn, beijing has been ramping up efforts to boost confidence and encourage people to spend. last week the country's national people's congress —— national people's congress —— national people's congress —— national people's congress was seen as an opportunity to boost morale and rates have been cut to encourage people to buy. but the question is, will they? in other news... the starship rocket developed by elon musk�*s company spacex has come close to completing a test flight into space on its third attempt but it was lost during its re—entry into earth's atmosphere. spacex hopes starship will eventually carry astronauts to the moon and beyond. the uncrewed craft�*s performance far surpassed the previous two flights, which both ended in explosions minutes after launch. starship completed many of its flight objectives in a low orbit round the earth, although it skipped a key scheduled attempt to reignite an engine in flight. in the cryptocurrency space, bitcoin has had an extraordinary week. it's currently trading at more than $71,000. this came after it hit an all—time high on thursday, and on monday and last week — overtaking highs last seen in november 2021. so, is the appetite for risk well and truly back? alessio quaglini, chief executive and co—founder of hex trust, a provider of digital asset services, explained what is driving bitcoin�*s rally. the revenue was around 70% since the beginning of the year. i was at the main reasons for the domestic... if you look at the details, there is an astonishing 4% of the supply and his number: increase is 94% of the total boy has already been mined, creating this structural imbalance. so is this a sign _ structural imbalance. so is this a sign that _ structural imbalance. so is this a sign that perhaps . structural imbalance. so is| this a sign that perhaps the appetite for risk is back for investors? lils appetite for risk is back for investors?— investors? us a little. -- absolutely. _ investors? us a little. -- absolutely. we _ investors? us a little. -- absolutely. we talk - investors? us a little. --| absolutely. we talk about investors? us a little. -- i absolutely. we talk about a concept of perfect alignment starts. the main effect was a clean—up of lesser companies with access leveraged. macroeconomic, the concept of decreasing risk rates in the us, assets are more inflation protection. us, assets are more inflation protection-— us, assets are more inflation rotection. ., ., protection. you mentioned the term halving — protection. you mentioned the term halving up _ protection. you mentioned the term halving up it— protection. you mentioned the term halving up it we - term halving up it we understand it is expected in april, can you help us understand that better? yes, surprisingly. _ understand that better? yes, surprisingly, every _ understand that better? yes, surprisingly, every four - understand that better? yes, | surprisingly, every four years, this supplier bitcoin decreases, and we expect the supply will decrease to half of that. this means that today we have 6.25 bitcoins mined every ten minutes, which is 900 btc per day and around 6300 btc per week. after the 20th of april this number will be halved. so basically, if the current demand is stable, we will have even more imbalance in the structure between demand and supply for bitcoin.— supply for bitcoin. london stock exchange _ supply for bitcoin. london stock exchange said - supply for bitcoin. london stock exchange said will l supply for bitcoin. london - stock exchange said will allow bitcoin to be traded on litter. there was concern about the same mechanism in the us. does crypto need to be regulated what is the fact it is getting more regulation increases credibility?— more regulation increases credibility? more regulation increases credibili ? ~ , ~ ., credibility? absolutely. we are now in the _ credibility? absolutely. we are now in the phase _ credibility? absolutely. we are now in the phase where - credibility? absolutely. we are now in the phase where we - credibility? absolutely. we are | now in the phase where we have severaljurisdictions now in the phase where we have several jurisdictions that now in the phase where we have severaljurisdictions that have strong regulatory framework. particularly the us framework for btc is quite solid and reliable. my opinion has mainly two aspects in the regulation. the first is the harmonisation of regulation across jurisdictions, which allows the circulation of digital access. —— digital assets. an extension of between to other areas. a couple of stories on the fashion industry before we go. france's lower house of parliament has approved a bill designed to make it less attractive for people to buy what's known as fast fashion. if the senate approves the law, the government says france will become the first country to tackle the environmental and social problems caused by the flood of cheap imported clothes. the measures include taxes on low—cost items — particularly from china — and a partial ban on advertising. meghan, the duchess of sussex, has launched what appears to be a new lifestyle brand. american riviera 0rchard was unveiled on thursday through an instagram account and website containing few details. meghan closed her lifestyle brand, the tig, when she was engaged to marry prince harry in 2017. she has embarked on several media ventures since stepping back from official duties four years ago. the new brand will sell home goods, such as decanters and kitchen liners, as well as preserved foods likejellies, according to us media reports. you can get more details on this story on the bbc�*s website — bbc.com/news. and that's it for this edition of asia business report. thanks for watching. small steps, but this is a giant leap forjane fryer. bone cancer meant that part of her pelvis including an entire hip to be removed. the operation saved her life but left her with limited mobility. the sun eon with limited mobility. the surgeon said _ with limited mobility. the surgeon said that - with limited mobility. the surgeon said that i - with limited mobility. the surgeon said that i would always— surgeon said that i would always need crutches or a wheelchair.— always need crutches or a wheelchair. . �* , ., , wheelchair. that's it, lovely. and again- — wheelchair. that's it, lovely. and again. her— wheelchair. that's it, lovely. and again. her husband - wheelchair. that's it, lovely. j and again. her husband paul wheelchair. that's it, lovely. - and again. her husband paul had other ideas. a retired salesman with no engineering experience and only a garage to work in, he took on a considerable challenge. he took on a considerable challenge-— he took on a considerable challenge. he took on a considerable challenue. ~ ., ., ., ., challenge. what we had to do was try and — challenge. what we had to do was try and recreate - challenge. what we had to do was try and recreate the - challenge. what we had to do l was try and recreate the human hip, which is an incredibly complexjoint. hip, which is an incredibly complex joint. jane hip, which is an incredibly complexjoint. jane at hip, which is an incredibly complex joint. jane at last of the attachment points where muscles are connected to the skeleton, so what we had to do is create a true exoskeleton. the plan was that the brace would enable jane to walk using just one crutch, but things have gone even better than they had hoped. i have gone even better than they had honed-— had hoped. i can now walk unaided — had hoped. i can now walk unaided in _ had hoped. i can now walk unaided in the _ had hoped. i can now walk unaided in the brace. - had hoped. i can now walk unaided in the brace. it. had hoped. i can now walk unaided in the brace. it is| unaided in the brace. it is early— unaided in the brace. it is early days and we are working slowly — early days and we are working slowly and methodically, but we are hoping to be able to perfect _ are hoping to be able to perfect this so that i can walk to greater distances unaided, but obviously with the brace on. hey, i'm lola with the catch up. tonight — the glastonbury line—up's out, the most powerful rocket ever, and a baby fox. first, there is big line—up news for those who managed to get their hands on glastonbury tickets. dua lipa, sza and coldplay are all heading to worthy farm, and it's the first time the festival's had two female headliners. this comes after it was criticised last year for not having any. and for coldplay, well, this will be their fifth time headlining. chris martin just can't seem to stay away from the pyramid stage. you could maybe argue that's a little bit boring. but then on the flip side, they are one of the biggest bands in the world and they're known for their live show. they always put on a phenomenal show. other artists like my faves burna boy, peggy gou and olivia dean will also be gracing the world's most famous farm. some other stories now. a 17—year—old boy has admitted to killing 15—year—old elianne andam at a croydon bus stop in south london last year. the teenager, who can't be named because of his age, denied murdering her, but has pleaded guilty to manslaughter. the prosecution haven't accepted the plea and he'll stand trial in november. and for any space fans out there, then this will seriously excite you. elon musk�*s spacex has launched the most powerful rocket ever built into space. you can see the moment it took off here. it was their best launch so far with elon musk commenting on socials that starship will take humanity to mars. but radio contact was lost towards the end of the mission. time now for ten seconds of a woman pretending to be a fox. staff at a wildlife centre in virginia has been wearing a fox mask whilst looking after a baby fox, known as a kit. this is to make sure it doesn't get used to humans. i mean, look at it. it's so cute! you're all caught up now. have a great night. hello and welcome to sportsday. west ham's fine european form continues, while leverkusen's unbeaten run remains, thanks to late europa league drama. we'll look ahead to the final weekend of the six nations with ireland in the driving seat to be crowned champions. and ten birdies in his opening round has world number two rory mcilroy in a share of the lead at the players championship. welcome to the programme. let's start with the europa league, where west ham have comfortably beaten freiburg to reach the last eight of the competition. west ham were 2—0 up at half time, to take a 2—1 lead on aggregate in the tie, then went on to win 5—0 on the night — mohamed kudus with a brace — to help them on the way to the win.

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