this is bbc news, the headlines: hundreds of post office employees wrongly convicted in the uk s biggest miscarriage ofjustice are due to have their names cleared under new legislation. albania s constitutional court has approved a controversial agreement to return asylum seekers in italy to albania. and police in the uk warn about drivers under the influence of illegal drugs. time for a look at the business news now with mark. artificial intelligence has hit the tipping point. that was the message in recent hours from jensen huang, the boss of nvidia. it dominates the market for al chips. their earnings and forecasts were better than expected. profits for the last three months of 2023 were up 769% on the previous year. huang also announced new moves to defend its market dominance in china which is now threatened by us export curbs. but are we watching a bubble develop? here s one industry perspective from malcolm penn, who is a consultant to the semiconductor and electronic
support had saved lives. on his trip, the ukrainian leader was awarded the prestigious charlemagne prize. now on bbc news, talking business. hello there, it has been sunny this weekend and has hello. a very warm welcome to the programme. let s take a look at what s on the show. we ve spent everything we ve saved. it s the country with more consumers than any other on the planet. so how do businesses tap into india s billion plus consumers? as the country s population takes over china, we ask can india boast not only the largest number of people but also one of the most economically powerful? we meet people interviewing manisha jain who has been meeting and interviewing consumers across india for the boston consulting group, and ritesh agarwal who is still under 30 years old and has already built the biggest hotel network in india and is spreading his reach around the world. talking of hotels, our big boss this week runs the biggest travel company on earth. we spent almost $
some reports say the treasury secretary, janet yellen, has been personally calling chief executives to warn them of the dire consequences a default could have on the us and the global economy. so how did washington end up here again? samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis, itjust happens to hinge on a must pass piece of legislation to save the country from economic catastrophe. so what exactly is happening here? major consequences for the economy. the us could default on its debt in a matter of weeks. debt limit measuresl may be exhausted. weeks to go before the federal government is unable to pay its bills. well, the us government spends more money than it brings in, so it needs to borrow money to pay its bills. it can only borrow a certain amount of money and if it needs to borrow more, congress has to approve that. it used to be a routine thing but not any more. republicans see this as an opportunity t