and we start with the uk chip designer, arm. its owner, japan s softbank, has finally filed the paperwork for a new york market listing. this highly anticipated floatation should net its japanese owner tens of billions of dollars and will be the biggest initial public offering in almost two years. arm is based in cambridge and plans to make its american stock market debut in early september, selling its shares on the nasdaq exchange. our north america business correspondent, michelle fleury, has the details. arm didn t reveal the number of shares that were selling or pricing of the offering but is reportedly for evaluation of between 60 $70 billion. ahead of the ibo the cambridge company revealed revenue was down 1% from a year earlier. the company, currently owned by japan s softbank is a chip designer whose technology powers most smartphones around the world including iphones. in 2020 silicon valley chipmaker nvidia tried to buy arm but the deal fell through because of reg
an investigation after former manchester united footballer paul pogba claims he s the victim of a blackmail plot by an organised gang. hello and welcome if you re watching in the uk or around the world. pakistan will launch a global appeal to help it deal with the flooding catastrophe that s killed more than a thousand people and affected 30 million. un member states will be asked to contribute. pakistan s foreign minister has estimated the financial impact at $4 billion. bilawal bhutto zardari said he hoped the international community would grasp the sheer level of devastation in his country. and it s not over yet water is still surging down the mightly indus river and will flood the low lying sindh province yet further over the next few days. azadeh moshiri reports. a young boy stranded on a rock as raging waters surround him. you can see a rescue worker edging out of the helicopter, lifting him up to safety. it s but one of the countless rescue efforts that are happening
street party kicks off its final day at the notting hill carnival in west london. nasa has cancelled today s launch of its most powerful rocket, artemis one, which had been due to take off for an uncrewed test flight to the moon. the us space agency said one of its engines had developed a bleed that couldn t be fixed in time; the next possible launch date is friday the second of september. the artemis programme aims to return humans to the moon. if successful, the plan is for astronauts to be on board the flight in two years time. our science correspondent, jonathan amos told us what went wrong. frustrating day today, ben, it really was. we had a number of little issues that cropped up. first of all, when we got here, it was pouring with rain and that delayed them tanking, putting all the propellants that they needed to go in this monster rocket over my shoulder. then they thought they had a crack halfway up the rocket, believe it or not, and decided that that was just frosti
One does not have to be a rocket scientist to coach football, but it certainly helps. At least it does according to Yusef Johnson, who is a flight design engineer