business. trade etensions between china add the west are running high particularly over the effect that china's production of electric vehicles has on the international market. tesla, for example, is already struggling to compete with big chinese players such as byd. later the european commission president, ursula von der leyen, will take part in talks to resolve frictions over this particularly over chinese subsidies. the eu wants to fight the corner of european manufacturers hoping to sell their cars both to european consumers and globally. and, of course, there's irritation about china's perceived tollration of russia since its full—scale invasion of ukraine over two year guise. plate macron will voice european concerns about that but those words they're not likely to upend the current world order. xi faces australian uphill task. that's according to the assistant professor ferenczy in the university of taipei. i don't think the effectiveness will be likely, i don't think that this will slow down the appetite in the commission to push back against chinese assertiveness but i'm very aware that the eu is not united when it comes to china. i think we have reached a level of unity when it comes to how we deal with russia but this is not the case with china. beijing knows that. hence the visit to some of the member states that xijinping considers to be key states that xi jinping considers to be key partners and this is also another purpose of this visit to make these countries feel special, that they have a privileged access to china and this will always undermine the european union and this is also very clear in the eu hence the pushback so i don't think there will be a positive outcome for xi as far as stabilising and strengthening eu—china relations, but, of course, member states are in the driving seat when it comes to how we go forward with eu—china relations. in how we go forward with eu-china relations. ., , , , , relations. in other business news this — relations. in other business news this morning. - relations. in other business. news this morning. the head relations. in other business - news this morning. the head of box sha hellway has told his shareholders his successors are ready for the job. shareholders his successors are ready forthejob. speaking shareholders his successors are ready for the job. speaking at the company's annual meeting, warren buffett announced the vice chairman will take over the company in the future. the 93—year—old legendary investor also announced his firm sold its entire stake in paramount global at a loss and cut its investment in apple by 13%. telecommunications company optus has appointed a new chief executive effective from november. stefan roux currently leads australia's national broadbound network. he will take on the role at optus, the australian network of the telecommunications after the previous boss resigned. qantas says it has agreed to pay a penalty of around $66 million to settle a law suit in the country. australia's competition regulator had alleged that after the pandemic, the airline illegally sold thousands of tickets for flights that had already been cancelled. as part of the settlement, a remediation programme will also be created four customers affected by the cancellations. that is expected to cost qantas an additional $13 million. now, in a few hours' time, we will learn how indonesia's economy performed in the first three months of the year. the country is in the midst of a leadership transition after prabowo subianto was declared the winner of its elections in february. it is believed that we will likely see growth of around 5%. i we will likely see growth of around 5%.— we will likely see growth of around 5%. ~ ., ., around 5%. i think we have to look a bit _ around 5%. i think we have to look a bit more _ around 5%. i think we have to look a bit more into _ around 5%. i think we have to look a bit more into the - look a bit more into the details because there's a little bit of unevenness there, we are are expecting goods exports to see growth which is kind of moderating a little bit. that's partly because of weaker from bit. that's partly because of weakerfrom china. there's weaker from china. there's offsetting weakerfrom china. there's offsetting factors that will boost deened mas including prive consumption should hold up. but also government spending should do well. this is all because of the election—related spending that tends to provide a good boost to growth overall.— tends to provide a good boost to growth overall. speaking of the election, _ to growth overall. speaking of the election, indonesia - to growth overall. speaking of the election, indonesia is - the election, indonesia is currently in a leadership transition. is that been seen as a market risk?— as a market risk? there is a little bit _ as a market risk? there is a little bit of _ as a market risk? there is a little bit of that _ as a market risk? there is a little bit of that which - as a market risk? there is a little bit of that which is - little bit of that which is always the case when you have some uncertainty as a result of a political transition. so, for example, investment spending tends to slow a little bit, you know, investors tend to hold back until they get some clarity in terms of the policy priorities of the incoming administration which tends to be a pretty long transition in indonesia given that the new president only takes over in october. so that uncertainty is a little bit — we'll be here for a while which means investment spending could be on the softer side for quite some time. ., . . the softer side for quite some time. . , , ,., the softer side for quite some time. ., , ,., ., ., , time. has been some good news recently though. _ time. has been some good news recently though. microsoft - recently though. microsoft announce add $1.7 billion investment into indonesia recently. how is this being viewed by investors? must be encouraging. viewed by investors? must be encouraging-— viewed by investors? must be encouraging. that is definitely a ste in encouraging. that is definitely a step in the _ encouraging. that is definitely a step in the right _ encouraging. that is definitely a step in the right direction i a step in the right direction and, you know, obviously these big tech names are going into indonesia and these are the sort of sectors that they want to welcome and it also helps take advantage of the country's young dynamic labour force. obviously that's going to be very helpful. the trick that we need to watch... very helpful. the trick that we need to watch. . ._ very helpful. the trick that we need to watch... today marks 30 ears need to watch... today marks 30 years since _ need to watch... today marks 30 years since the _ need to watch... today marks 30 years since the official _ years since the official opening of the eurotunnel, also known as the channel tunnel. it's prominent connections include carrying eurostar passenger trains from london, paris and beyond. our correspondent has been taking a look at the impact the eurotunnel has had and what comes next. a moment in history 30 years ago today queen elizabeth and french president mitterrand officially opened the new connection between their two countries which made an idea dreamed up centuries earlier a reality. since the queen made herjourney through reality. since the queen made her journey through the reality. since the queen made herjourney through the channel tunnel, ltle zero —— 480 million tunnel, 4le zero —— 480 million passengers have done the same. these days 400 trains speed through it each day.— these days 400 trains speed through it each day. we're now auoin at through it each day. we're now going at about _ through it each day. we're now going at about 120kph - through it each day. we're now going at about 120kph which i through it each day. we're now going at about 120kph which is| going at about 120kph which is roughly 75mph and we're coming up roughly 75mph and we're coming up to the middle of what is still the world's longest undersea tunnel.- still the world's longest undersea tunnel. , ~ ., undersea tunnel. driver martin has been here _ undersea tunnel. driver martin has been here since _ undersea tunnel. driver martin has been here since the - has been here since the beginning. has been here since the beginning-— has been here since the beaainnin. .,, ., , beginning. people have this conce -t beginning. people have this concept that _ beginning. people have this concept that it's _ beginning. people have this concept that it's just - beginning. people have this| concept that it's just straight through to france and it's totally not t tunnel itself is up, down, around the corners and everything. it's no straight lines at all. so you know this _ straight lines at all. so you know this tunnel at the - straight lines at all. so you | know this tunnel at the back straight lines at all. so you - know this tunnel at the back of your hand?— your hand? absolutely. yeah, eah, your hand? absolutely. yeah, yeah. like _ your hand? absolutely. yeah, yeah. like a — your hand? absolutely. yeah, yeah, like a second _ your hand? absolutely. yeah, yeah, like a second home - yeah, like a second home really. yeah, like a second home reall . �* ., really. building it was an exceptional _ really. building it was an exceptional feat - really. building it was an exceptional feat of - exceptional feat of engineering. there are actually three tunnels, the one i'm standing in right now with my high—viz and hard hat, isn't for training, high—viz and hard hat, isn't fortraining, it's high—viz and hard hat, isn't for training, it's used for ventilation, access for maintenance and evacuating people in an emergency. we're now on the france side and the uk is 32 miles that way. the tunnel carries a quarter of trade between the uk and the eu. plus plenty of holiday—makers whether on the eurostar to paris and beyond or using the car shuttle to reach somewhere like letukai, an hour's drive from the calais terminal. hour's drive from the calais terminal-— hour's drive from the calais terminal. , , ., terminal. jump on the tunnel, half-an-hour, _ terminal. jump on the tunnel, half-an-hour, calais, - terminal. jump on the tunnel, half-an-hour, calais, 40 - half—an—hour, calais, 40 minutes down the coast. perfect. nice and easy. no problems at all.— perfect. nice and easy. no problems at all. you have done that before? _ problems at all. you have done that before? yep, _ problems at all. you have done that before? yep, we - problems at all. you have done that before? yep, we have - problems at all. you have done| that before? yep, we have been to latukai _ that before? yep, we have been to latukai three _ that before? yep, we have been to latukai three times, we - that before? yep, we have been to latukai three times, we have| to latukai three times, we have always come through the tunnel. tunnel tourists help keep the wheels moving for small businesses including this one. translation: i drive a little train, lots of english people come on the weekend, in cars, in the shuttle, it's very good. the tunnel�*s financial journey hasn't always been smooth. it opened £2 billion over budget, at one point the company which runs it nearly went bust, predicted passenger numbers were never reached but eurotunnel became profitable. more recently, new challenges — the pandemic and brexit meant putting millions into new systems to deal with additional customs rules. what's next? well, the boss here wants more trains running, that could include for the first time rivals to eurostar running passenger services.- passenger services. new companies _ passenger services. new companies have - passenger services. new companies have said - passenger services. new| companies have said that passenger services. lie companies have said that they want to launch new services within the five next years in the tunnel. we're very confident that within the ten next years, there will be a doubling of the direct connection between london and europe. connection between london and euroe. �* , connection between london and euroe. 2,51: , ., europe. the tunnel's 30-year history has — europe. the tunnel's 30-year history has already _ europe. the tunnel's 30-year history has already proved . history has already proved eventful and it's far from the end of the story. and it appears the company has been rescinding some internship offers weeks before they were due to begin. that's according to students who are sharing their experiences on linkedin. the electric carmaker which has seen a fall in sales has announced thousands ofjob announced thousands of job cuts. announced thousands ofjob cuts. the bbc has reached out to tesla for comment. we'll let you know if we hear anything back. we'll see you soon. bye for now. hello and welcome to sportsday. i'm olly foster. really, really good and then really rubbish — that's jurgen klopp's assessement of his liverpool side, but they still beat spurs. it's magical miami for maclaren as lando norris wins his first formula one race. and kyren wilson has the edge after the first two sessions of the world snooker championship final. there are just two weeks left in the premier league season and there's so much riding on every game now, there were three games on sunday and tottenham's hopes of a top four finish are pretty much over after their 4—2 defeat at liverpool. they were 2—nil down at halftime, 4—down on the hour mark at anfield. goals from mohammed salah, andy robertson, cody gakpo and a top corner screamer from harvey elliott. for spurs despite a late rally with goals from richarlison and son heung—min, that is their fourth defeat in a row, and they are seven points behind aston villa in fourth. the win for liverpool mathematically keeps them in the title race, but it does guarantee that they finish at least third, which is more likely.