Elon Musk no longer the world’s richest person as Oracle shares soar

Elon Musk has been dethroned as the world's richest person, eclipsed by Oracle co-founder Larry Ellison.  Shares of his software company skyrocketed on Wednesday - propelled by heady growth in artificial intelligence.  Toni Waterman has more.

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US prices fall unexpectedly, increasing Fed rate cut probability

US wholesale prices fell unexpectedly in August increasing the chance
of an interest rate cut.

President Donald Trump reacted to the news by again criticizing
Federal Reserve Chairman Jerome Powell and urging him to lower
interest rates when the Fed meets next week.

Nick Harper reports from Washington.

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Federal Reserve Governor Lisa Cook to keep job for now, after President Trump tried to fire her

The U.S. Federal Reserve governor Donald Trump tried to fire will remain in her job for now, after a judge ruled the president didn't have "cause" to remove her.

The Trump Administration is likely to appeal the ruling.

Mitch McCann reports:

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Russia denies it aimed to hit Poland with drones

Russian Defense Ministry said it had no targets set in Poland during Tuesday night attack on Ukrainian military facilities. Polish Prime Minister Donald Tusk said that at least 19 Russian drones entered the country's airspace late Tuesday night and early Wednesday morning, some were shot down by the Polish military. Belarus said it exchanged information with the Polish authorities about some drones that "lost their way" nearing Polish border and also shot down some of them. Daria Bondarchuk reports from Moscow.

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100,000 people expected at protests across France, new prime minister to take office

100,000 people are expected at protests across France on Wednesday as part of the so-called 'Block Everything' movement against the government and the budget.

Hundreds of people have already been arrested by police at demonstrations up and down the country.

The planned protests come on the day the new prime minister Sebastien Lecornu will officially take office after François Bayrou's government collapsed on Monday.

Ross Cullen reports.

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Pakistan remains on high alert amid flood warnings

Intro:

Pakistan's biggest city of Karachi is on high alert as torrential monsoon rains continue to inundate roads and flood houses.

Since the start of the monsoon season, the country has been grappling with an unprecedented flood emergency.

Experts warn that Pakistan could now face disease outbreaks similar to those that followed major floods in 2022.

Hira Mustafa has more.

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Israeli leaders are renewing threats to target Hamas leaders

Israeli leaders are renewing threats to target Hamas leaders overseas
following global condemnation of the attack that struck a meeting of
Hamas leaders in Doha, Qatar on Tuesday

Blake Sifton reports from Tel Aviv


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Army deployed in Nepal's capital amid unrest

Troops have been deployed in Nepal's capital Kathmandu after protestors set government buildings on fire on Tuesday.

Violent demonstrations have forced politicians to go into hiding.

Our South Asia correspondent Rebecca Bundhun reports.

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POLAND ACCUSES MOSCOW OF 'AGGRESSION' AFTER DRONE INCURSION

Poland has accused Moscow of an "act of aggression" after shooting down Russian drones in its airspace.

Military officials have described it an "unprecedented violation" that posed a "real threat" to civilians.

It happened during the latest Russian attack on Ukraine.

Senior fellow at the Centre for a New American Security Jim Townsend says there are lots of unanswered questions.

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Africa Climate Summit: Tanzania pushes for climate justice, warns of growing finance gap

Tanzania has called on the international community to honour its climate finance commitments, saying that Africa's pursuit of resilient and green development depends on urgent and predictable support.

Isaac Lukando reports

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India and EU Push to Seal Trade Deal as Tariff Pressures Mount

Intro
India and the European Union are stepping up efforts to clinch a long-delayed trade agreement by the end of this year, with negotiators in New Delhi this week working to iron out differences.

Kshitij Nagar reports from New Delhi.

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Poland says it shoots down Russian drones

Poland has announced that it has shot down drones that entered the
country's airspace during a Russian strike on Ukraine.

Kyiv has warned that a weak response will embolden Moscow to act with
even greater aggression.

William Denselow reports from Munich in Germany.

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US lawmakers to visit China this month

INTRO: A bipartisan group of lawmakers from the United States will make an official trip to China later this month, in the first official visit by members of the House since 2019.

The trip comes just weeks after the leaders of China, Russia and North Korea met in Tiananmen Square and observed a massive military parade. Laura Westbrook reports from Hong Kong.

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Modi-Trump agree to expedite trade deal amid tensions

Intro:

In a sign of easing trade tensions President Donald Trump and Prime Minister Narendra Modi say they're working on finalising a trade deal soon.

It comes amid India facing 50% duties on US exports and reports suggesting trade talks have hit a wall.

Ishan Garg tells us more from New Delhi.

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Supreme Court to hear Trump tariffs case

The US Supreme Court has agreed to fast track a case on whether
president Donald Trump has the authority to impose sweeping tariffs.

The nation's highest court will hear the case in November.

Nick Harper reports from Washington.

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MAHA strategy focuses on ultra-processed foods & vaccines but spares farmers from new pesticide regulation

The Trump administration has released its highly anticipated strategy for improving children's health. 

Spearheaded by health secretary Robert F Kennedy Jr - it targets ultra-processed food, vaccine use and exposure to chemicals but does not restrict pesticide use.

Kate Fisher reports from Washington

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Trump expresses frustration over ‘location’ of Qatar attack

The US Press Secretary says the White House was notified ahead of Israel's attack on Hamas leadership in Qatar - and that President Trump directed his Middle East envoy to immediately notify the Qataris… Adding that the President doesn't think the attack advances the goal of peace.  Toni Waterman has more.

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German chancellors sends regulation warning at Europe’s largest auto show

German Chancellor Friedrich Merz has called for technological openness
and warned against overregulation of the auto sector.

The comments came during an opening address to industry leaders at IAA
Mobility - Europe's largest car show.

William Denselow reports from Munich.

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European Commission leader prepares for annual setpiece speech at time of global uncertainty

The European Commission leader Ursula von der Leyen is preparing for her annual setpiece speech, which comes at a time of global uncertainty, and political instability in France.

The speech is known in European Union jargon as SOTEU (Sot-EU) - and it's usually an hour-long address to mark the start of the new policy agenda after the summer vacation.

Ross Cullen reports.

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Authorities across Pakistan are bracing for more flooding after new warnings

Intro

Authorities in Pakistan are on high alert as the weather bureau warns that more cities in the eastern region could face severe flooding.

Torrential rains continue to batter parts of the country, causing rivers to swell dangerously.

More than 900 people have been killed in the country's latest flood crisis.

Pakistan ranks among the top 10 countries most vulnerable to climate change.

Hira Mustafa has more.

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