and his supporters. we start with the troubled global banking sector. european markets have closed down more than three percent, spooked by a major sell off of shares in the swiss banking giant, credit suisse. coming days after the collapse of us based silicon valley bank, it s prompted fears of a full blown crisis in the sector. let s take a look at the damage at the close in europe today. shares in credit suisse plunged to a record low, falling 24%. that came after its biggest investor said it could not give the bank any more financial help. here in the uk, the insurer prudential tumbled 10%, and the high street bank barclays, 8%. the plunge by banking stocks left london s ftse 100 down almost 4% at its lowest level this year. it was the index s worst one day performance since the start of the covid 19 pandemic. taking a closer look at credit suisse today was the second day of sharp falls for its shares after the swiss bank yesterday disclosed that its auditor had identif
they are expected to iron out the final details on the eu s artificial intelligence act. if it becomes eu law it will mark the first attempt in the world to police artificial intelligence. what should be in the bill has seen heated debate based on al s capacity to cause harm. european countries will be discussing possible concessions in negotiations on what s being called the ai rulebook. for more detail i m joined by kirsten rulf, partner and associate director at boston consulting group. good morning to you. once again, the eu commission by parliament and council grappling with new technology, how to bring the law up to date with this. what are we expecting today? with this. what are we exectinu toda ? ., expecting today? good morning. i think we are expecting today? good morning. i think we are of expecting today? good morning. i think we are of a expecting today? good morning. i think we are of a political - i think we are of a political nailbiter. if we had this co
hello, welcome to bbc news now, three hours of fast moving news, interviews and reaction. britain and rwanda have signed a new treaty aimed at getting the uk government s flagship asylum policy operational following a series of legal challenges. the planned policy first announced back enable 2022 would see some asylum seekers sent to rwanda to claim asylum they are. the plan has hit legal setbacks and was blocked in its previous form by the supreme court. after signing the agreement during a visit, the home secretary james cleverley said he believed the new treaty addressed all the concerns raised by the sabine court. the treaty that will sign today builds on thatjoint work. it takes the positive professional attitude that you and your government display, and allies it with the work that the uk is doing to ensure that we break the business model of those evil people smuggling gangs. live now to our west africa correspondent mayeni jones who s in kigali. a united front between
over the air software updates ensure that autopilot gets even better. this is how tesla wants its autopilot software to be seen assisting a human driver who is ultimately still in control. but, when a former employee voiced concerns, he felt about safety in his own workplace and later on with the tech itself, his dream job turned into a nightmare. i became really depressed and anxious. i couldn t sleep right. he was personally praised by tesla owner elon musk after putting out a fire. he claims his managers turned against him when he raised his concerns directly with the tech billionaire. he then told us he found he could easily access a huge trove of sensitive internal company data, ranging from personal staff details to safety information. he chose to hand it over to us regulators and controversially, the press. i spoke to multiple partners, managers, different levels of compliance, and it doesn t work. if you don t speak to compliance, what else you can do? the dutch data
we have been worried about the chinese economy for some time now. does this downgrade suggest things are getting worse? goad does this downgrade suggest things are getting worse? are getting worse? good afternoon. this is a reminder are getting worse? good afternoon. this is a reminder of are getting worse? good afternoon. this is a reminder of what are getting worse? good afternoon. this is a reminder of what investors| this is a reminder of what investors already know which is a slower economy and a downturn in the manufacturing sector, and the government exactly going back to the old way, they want to reduce debt in this estimate but it is proving to be very difficult, so the stimulus measures are what is worrying moody s, so they think it will raise the debt level in the economy, so it is just a the debt level in the economy, so it isjust a reminder. it the debt level in the economy, so it is just a reminder. it does the debt level in the economy, so it isjust a re