UK manufacturing sector continues to contract

The British manufacturing sector contracted in January - for the sixth consecutive month. Data from S&P Global found companies are continuing to experience headwinds including weak demand and staff shortages - but economists say there are signs that the worst of the downturn may be over. Laura Makin-Isherwood has more from London.

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Biden & McCarthy meet over debt ceiling

US President Biden and Republican House Speaker Kevin McCarthy are holding a high stakes meeting on Wednesday over the need to raise the country's debt ceiling in order to avoid a financial crisis.

The meeting will be the first between the two leaders since Republicans assumed control of the House of Representatives.

Kate Fisher reports from Washington

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U.S. police brutality victim Tyre Nichols' honored at funeral in Memphis

Tyre Nichols' loved ones, civil rights activists and U.S. Vice President Kamala Harris will pay their final respects on Wednesday in Memphis.

The 29 year old was killed by police, and has become the latest face of racial justice.

Caroline Malone reports from Washington.

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US House Republicans begin Biden investigations

Republicans in the US House of Representatives are beginning
investigations into the Biden administration's handling of the
Covid-19 pandemic and immigration on the Mexico border.

Republicans have promised to scrutinize the President's first two
years in office now that they hold the majority in the House.

Nick Harper reports from Washington.

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FBI search second Biden home

The FBI is searching the private home of US President Joe Biden, as part of the investigation into classified documents. 

Government papers have already been found at an office in DC he used, and at another of his homes in the state of Delaware. 

US Correspondent Nick Harper reports. 

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Tom Brady retires from NFL. Again.

Tom Brady has announced he's retiring after 23 years playing in the NFL.

The quarterback threw in the towel a year ago before deciding to
return for another year with the Tampa Bay Buccaneers.

William Denselow reports from New York.

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ICE STORMS CONTINUE TO BATTER PARTS OF THE U.S

Large parts of the U.S was hit by a winter storm that left at least
two people dead.
The storm which stretches from Texas to Tennessee will continue at
least until Thursday morning.
Jody Jacobs has more...

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Eurozone inflation falls for third consecutive month

Inflation in the twenty countries which use the euro currency has fallen for the third month in a row.

According to flash estimates released on Wednesday, Eurozone annual inflation stood at 8.5% in January, down from record double-digit rates recorded in the second half of last year.

Rosie Birchard has more from Brussels.

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Teachers go on strike in UK

Thousands of schools in the UK are either closed or offering reduced services, as hundreds of thousands of teachers have gone out on strike.

They're the latest profession to join the wave of industrial action, as workers fight for higher wages amid a spiralling cost of living.

Mike Furnham is a history teacher in Cardiff, who decided to strike for the first time in his 26 year career.


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Petrol Scarcity Threatens Elections Logistics in Nigeria

Nigeria's electoral body, the Independent National Electoral Commission or INEC says the scarcity of petrol may affect logistic arrangements for the general election in the country.

The country holds its national election every four years, and is gearing up for one next month.

Correspondent Tesem Akende reports from Jos.

Take Radio

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India unveils higher capital spending in budget ahead of 2024 elections

India's government has announced a sharp increase in capital spending, along with tax relief to the middle class, as it unveiled its last full budget ahead of next year's general elections.

The government had a challenge on its hands as it tried to win over voters, while keeping its fiscal deficit under control.

Rebecca Bundhun reports from Mumbai.

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'NATIONAL STRIKE' ACTION IN UK

Thousands of schools in England and Wales are closed because of a teachers' strike over pay.

There are also walkouts taking place by rail workers, Border Force staff, civil servants and university lecturers - making it the biggest national strike in the UK for a decade.

The Education Secretary Gillian Keegan says she's hopeful for a deal with education unions soon.

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Adani Group's rout deepens

Adani Group stocks have continued their drop this week- extending losses to more than 70 billion dollars after the group was accused of fraud and stock manipulation.

The group managed to complete a closely watched share sale earlier this week after big firms pumped money into what is the country's largest follow-on public offering.


Neha Poonia reports.

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China tries prevent property prices plunging further

China is trying to put a stop to a plunge in property prices that’s undermining hopes of an economic recovery. Residential sales tumbled almost 15 percent during the Lunar New Year holidays, compared to a year earlier.

Richard Kimber reports from Hong Kong.

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S Korea and US agree to escalate war drills

South Korea and the United States are planning to step-up their joint military exercises to counter missile threats from North Korea. 

The US Defense minister, Lloyd Austin, met his counterpart in Seoul on Tuesday, and agreed to bolster the scale of training and war drills as Pyongyang pursues its nuclear weapon program. 

Chris Gilbert reports. 

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Stocks up after a strong month for Wall Street

Stocks were up Tuesday - at the end of a strong month for Wall Street.

All three major indexes made significant gains in January, with the tech-heavy Nasdaq soaring 10%.

On Tuesday payments giant PayPal became one of the latest tech companies to lay off staff - it will cut around 7% of its workforce.

Sally Patterson has more in New York.

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EXXON MAKES RECORD $56B PROFIT 2022

Fifty-six billion dollars. That was Exxon Mobil's net profit last year - setting a record not just for the company, but for the Western oil industry.

The supercharged earnings, which were announced on Tuesday, have renewed calls for the U.S. government to implement a windfall tax.

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George Santos steps down from committees

Under pressure U.S. lawmaker George Santos has announced he won't be
serving on several committees in the US House of Representatives.

It comes after he admitted to fabricating large parts of his resume.

William Denselow reports from New York.


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Blinken says restoring calm is priority but repeats calls for 2 state solution to Israeli Palestinian conflict

US Secretary of State Antony Blinken says restoring calm between Israelis and Palestinians is "the immediate task," but that Washington will keep working towards a two state solution to the conflict.

He was speaking at a news conference in Jerusalem at the end of a three day trip to the Middle East where retaliatory violence between Israelis and Palestinians has spiralled in recent days.

Kate Fisher reports from Washington

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Trump sues journalist for $50m over published audio

Former US president Donald Trump has sued a journalist for publishing audio of their interviews. 

Washington Post journalist Bob Woodward interviewed Trump between 2019 and 2020 for his book Rage.

Now, the former president is accusing Woodward of violating his contract rights and copyright interests - allegations Woodward and his publisher deny.

Sally Patterson has more in New York.

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