and how the mining of materials crucial for a green economy is disrupting lives. hello and welcome to asia business report. i'm steve lai. let's begin in the us, where major stock indexes have made slight gains. this is where they stood at the end of the trading day. shares of elon musk�*s electric vehicle company tesla surged by more than 15 percent, after his visit to china. apple shares also rose ahead of its quarterly results. the bbc�*s michelle fleury has more from new york. make the big question is how doing in china, the company just got some good news on that front and tesla cleared a major hurdle fruits of driving technology in china after years of trying. this is a key moment

for the electric car maker facing fierce domestic competition along with slighter demand. this is notjust a car company, it is not time the striving of rubble taxi company with massive amounts of data to train its algorithms and fine—tune the systems. meanwhile, apple has got an iphone sales for china and i'll be in focus and albion focused new reports on quarterly results after the us market close on thursday and after that, intelligence. another stocked as the power to move markets is amazon which its reports later on today, the tech giant is under pressure and offers a dividend, it is now the only big tech firm that doesn't offer this is out of the bed did it last. traders are also keeping a watchful eye on rome powell, the inflation picture as some asking if cuts are cancelled or simply

delayed. it is widely expected to leave interest rates unchanged further on wednesday. as we mentioned, apple is facing challenges in china. the latest findings from research firm canalys show that apple sales there fell by 25 percent in the first 3 months of the year. china's high end market and still— china's high end market and still occupying nearly 70% of market — still occupying nearly 70% of market shares in china over 800 us dollars. — market shares in china over 800 us dollars, but it's going up especially, i think globalisation is key in china and — globalisation is key in china and totally different internet service — and totally different internet service ecosystem here and the chinese — service ecosystem here and the chinese understand the need of

local— chinese understand the need of local and — chinese understand the need of local and they have introduced large — local and they have introduced large numbers and it's hot right— large numbers and it's hot right now and even for the high—end customers, they do not have _ high—end customers, they do not have such — high—end customers, they do not have such a — high—end customers, they do not have such a deeper pocket as before, — have such a deeper pocket as before, so value for money devices _ before, so value for money devices from local brands and higher— devices from local brands and higher specs and opera does. in the local— higher specs and opera does. in the local brands are growing really — the local brands are growing really fast and especially for the new _ really fast and especially for the new in—house chips for huawei _ the new in—house chips for huawei and it's understandable for chinese consumers to buy those — for chinese consumers to buy those products.— for chinese consumers to buy those products. what is apple need to do — those products. what is apple need to do to _ those products. what is apple need to do to maintain - those products. what is apple need to do to maintain its - need to do to maintain its market share? agaii need to do to maintain its market share?— need to do to maintain its market share? ai is the next bi thin market share? ai is the next big thing in _ market share? ai is the next big thing in china _ market share? ai is the next big thing in china is - market share? ai is the next big thing in china is a - market share? ai is the next big thing in china is a very i big thing in china is a very much _ big thing in china is a very much into— big thing in china is a very much into it and some of the ai

generators _ much into it and some of the ai generators have productivity and communication uses which are linked _ and communication uses which are linked to some of the adaptations of the market. and ithink— adaptations of the market. and i think they do and the community and right now, for the next _ community and right now, for the next step, they do need to invest— the next step, they do need to invest and _ the next step, they do need to invest and the drivers and boost _ invest and the drivers and boost the upgrade demands of it. shared office space provider wework has reached a deal putting it on track to exit bankruptcy by the end of next month. it will see supporters, including japanese giant softbank, providing the firm with around a50 million dollars in funding. wework filed for bankrupcy in the united states last november. it has since been looking for ways to restructure its debts. paramount global says bob bakish will be stepping down as chief executive of the firm. the owner of the paramount pictures movie studio and mtv cable network

announced the change before reporting better—than—expected earnings for the first quarter. paramount is currently in talks over a possible merger with american production company skydance media. microsoft's chief executive is visiting southeast asia this week as the tech giant focuses its attention on the region. his first stop is indonesia where he will meet with presidentjoko widodo. for more on the story, let's bring in our business reporter monica miller from the newsroom. is the keynote speaker at key events the microsoft is hosting an jakarta, events the microsoft is hosting anjakarta, kuala lumpurand anjakarta, kuala lumpur and bangkok anjakarta, kuala lumpurand bangkok over the next three days. it is microsoft showing off all of its ai technology or some of it giving it a taste of the software engineers, data scientists and architectures in this region so they get a chance to see what is made of in this trip comes a week after some solid earnings of microsoft died and they have invested heaps of money into this technology and has been

reporting here seen and investors are very excited by the prospect of this, he is not the prospect of this, he is not the only tech giant to have beenin the only tech giant to have been in this part of the world we saw tim cook from apple this month and he visited and spoke with leaders in indonesia as well as vietnam. you may ask yourself why southeast asia? it is in a solid trajectory when it comes to its digital economy are the reasons why is because they're tapping into the tower pool and expansion of population size but also this is notjust the growth and also it is a place where they have diverged their supply chain and political tensions between the us and china. china has taken big stakes in mines across the world extracting minerals vital to the green economy. according to the un, if the world is to reach net—zero by 2050, the use of critical minerals

such as cobalt must increase six—fold by 2040. but some locals, like those living neara mine in the democratic republic of congo, say the mining is disrupting their lives. wanqing zhang reports. every week, evacuations take place in the villages near a chinese owned open pit copper mine on the outskirts. the democratic republic of the congo second largest city. christoph lives on the 500 metres from the mind and he is leading local opposition against it.— leading local opposition auainst it. �* ., against it. before minding, there is a _ against it. before minding, there is a siren _ against it. before minding, there is a siren that - against it. before minding, there is a siren that wells l against it. before minding, | there is a siren that wells in there is a siren that wells in the police and the company garden coming around with a bullhorn singing to get out. whatever condition you find yourself in, whether you are sick or whether you are a woman

wasjust given birth, you're obliged to leave. the wasjust given birth, you're obliged to leave.— wasjust given birth, you're obliged to leave. the push for a cleaner _ obliged to leave. the push for a cleaner economy _ obliged to leave. the push for a cleaner economy is - obliged to leave. the push for a cleaner economy is for - a cleaner economy is for extracted by minds. a local say the production is been disrupting their lives. the air, disrupting their lives. the air. there _ disrupting their lives. the air, there is _ disrupting their lives. the air, there is smoke - disrupting their lives. the air, there is smoke and gases in the — air, there is smoke and gases in the environment is polluted with— in the environment is polluted with this — in the environment is polluted with this exploitation. there are machines that work day and night _ are machines that work day and night and — are machines that work day and night and this pollution doesn't allow anyone to rest peacefully. doesn't allow anyone to rest peacefully-— peacefully. the dirty water from the — peacefully. the dirty water from the mining _ peacefully. the dirty water from the mining comes - peacefully. the dirty water l from the mining comes from peacefully. the dirty water - from the mining comes from the site and — from the mining comes from the site and it — from the mining comes from the site and it is _ from the mining comes from the site and it is spreading _ from the mining comes from the site and it is spreading acid - site and it is spreading acid here — site and it is spreading acid here and _ site and it is spreading acid here and we _ site and it is spreading acid here and we walk - site and it is spreading acid here and we walk on - site and it is spreading acid here and we walk on it. - site and it is spreading acidi here and we walk on it. this acid — here and we walk on it. this acid water— here and we walk on it. this acid water spreads- here and we walk on it. this acid water spreads to - here and we walk on it. this acid water spreads to the i acid water spreads to the vegetable _ acid water spreads to the vegetable fields- acid water spreads to the vegetable fields will- acid water spreads to the . vegetable fields will regrow our spinach— vegetable fields will regrow our spinach and _ vegetable fields will regrow our spinach and cabbage. . vegetable fields will regrow- our spinach and cabbage. things that we — our spinach and cabbage. things that we need _ our spinach and cabbage. things that we need. it _ our spinach and cabbage. things that we need. it is _ our spinach and cabbage. things that we need. it is not _ our spinach and cabbage. things that we need. it is not poison i that we need. it is not poison that— that we need. it is not poison that we — that we need. it is not poison that we eat? _ that we need. it is not poison that we eat?— that we eat? they deny allegations _ that we eat? they deny allegations of - that we eat? they deny|

allegations of pollution. that we eat? they deny - allegations of pollution. the onl wa allegations of pollution. the only way we _ allegations of pollution. the only way we use _ allegations of pollution. tie: only way we use acid allegations of pollution. he only way we use acid is allegations of pollution. t“te: only way we use acid is where we are diverting the copper in the acid. in that process is completely managed. the the acid. in that process is completely managed. the bbc has identified 62 _ completely managed. the bbc has identified 62 mining _ completely managed. the bbc has identified 62 mining projects - identified 62 mining projects owned or partially owned by chinese companies. extracting minerals needed for the transition. the usa the use of critical minerals leads to increased sixfold by 2040 for the worlds of each net zero by 2050. as chinese mining companies face challenges from local communities.— local communities. when i assed local communities. when i passed by _ local communities. when i passed by this _ local communities. when i passed by this mind, - local communities. when i passed by this mind, it - local communities. when i l passed by this mind, it hurts me because i remember it was once _ me because i remember it was once a — me because i remember it was once a source of life. the fields, _ once a source of life. the fields, the fishing. there are people. _ fields, the fishing. there are people, artists with take clay there — people, artists with take clay there to _ people, artists with take clay there to make art and objects and laughing about all of that,

it hurts — and laughing about all of that, it hurts me. 335 and laughing about all of that, it hurts me— it hurts me. as the leading processor _ it hurts me. as the leading processor of _ it hurts me. as the leading processor of these - it hurts me. as the leading l processor of these minerals, local communities say china as a big role to play in a fairer, greener economy. cosmetics chain l'occitane could soon become a private company. that's if its australian owner is successful in his plans to buy over all the shares of the retailer of body, fragrance and home products. reinold geiger currently controls more than 70 percent of the firm, which is listed on the hong kong stock exchange. and that's it for this edition of asia business report. thanks for watching.

alone. the catch up. price biscuits and send them up for dogs. we started with resigning after 13 months, his party teamed up with the scottish greens and the end of the deal last week is was after they disagreed on decisions on things like climate pledges and puberty lockers are people under 18 and politicians with other parties called for a vote on whether humza yousaf should stay on his first minister. to be stepping away rather than waiting for to play out and so the scottish national party will have to pick a new leader and they left to vote them through is the first minister. the presence of bread, biscuits and beer could increase because of the month of wet weather in the uk. harvests of crops like wheat and barley may fall by

more than 17% meaningfully producers might have to import more from overseas and potentially increase costs. announcing her world tour with 81 days, starting late this year, w 12 uk dates in glasgow, london and manchester. a probably have a major around the london marathon it will not stop going on about it. record 840,000 people have applied to take part next year. and now, as ten seconds of the cinema for dogs which has opened in norwich allowing owners to watch the amy winehouse movie with their fluffy friends. unsurprisingly, the event sold out in less than 48 hours that love it. adorable. you're all caught up now. hello and welcome to

sportsday — i'm gavin ramjaun. here's what's coming up on the programme. could the system that saw everton and notingham forest docked premier league points be on it's way out? england rugby star billy vunipola apologises, after being arrested in majorca, following an incident in a nightclub. and nadal marches on. but the 22 time grand slam champion is made to work hard, to make the last 16 in madrid. hello there, and welcome along to the programme. it's been a premier league season full of drama on the pitch — with the title race still to be concluded. off the pitch, the league's profit and sustainability rules have found everton and nottingham forest in breach, with points deductions this campaign. but interesting developments today concerning the premier league — could that method of spending be on the way out. for a new financial model, which the majority of clubs voted in favour for.