india, china and south africa along with at least 50 heads of state and government. president putin attended by video link. he can t attend in person because of an international arrest warrant for alleged war crimes. mr putin told the summit they re on course to meet the aspirations of most of the world s people. we also heard from south africa s leader who reflected on his meeting with china s president xijinping. take a listen. president xijinping and i discussed the ongoing conflict between russia and ukraine and its significant impact on developing economies in africa and elsewhere. we both agreed on the importance of dialogue and negotiation between the two sides. lupin rahman, manages the emerging markets portfolio at investment firm pimco. she told me what investors are looking for from the brics summit. investors are looking at a more medium term outlook rather than having a near term market impacts but it s important for emerging market investors to recognise is th
arm did not reveal the number of shares it was selling or the pricing of its offering but it is reportedly looking for a valuation of between 60 to 70 billion dollars. ahead of the ipo, the cambridge base company revealed revenue was down 1% from a year earlier. the company, which is currently owned by japan s softbank, is a chip designer whose technology powers most smartphones around the world, including iphones. in 2020, silicon valley chip maker nvidia tried to buy arm but the deal fell through because of regulatory scrutiny. despite that setback, nvidia is apparently in talks to take a major stake in the company when it goes public. other possible big investors also include apple and microsoft. since acquiring arm in 2016, softbank has touted the role it will play in the ai revolution. this offering to american investors will be a test of that claim. let s begin in china, because an incremental cut to a one year lending rate on monday has raised concerns that the world s
of bengal last month. if successful, india will also become the fourth country in the world after the us, russia and china to make a soft landing on the moon. the mission will allow experts to explore whether there is water ice on the moon which might then support human habitation there. india is hoping to avoid the disaster that struck russia s space programme last week when their luna 25 shuttle crashed into the moon s surface. the race back to the moon is a hallmark of renewed interest in space exploration among the world s major economies due to better technology, the hunt for natural resources and rising political tension at home. china and the us have both also announced their own missions to the moon s south pole with china even announcing a joint plan with russia to set up a lunar research station on the rock in 2021. meanwhile nasa has announced plans to send the first women and the first person of colour to step foot on the moon in 2025 but now suggests the da
it s newsday. welcome to the programme. it s 8am in singapore, and 5am in islamabad. there is relief across pakistan. six children and two adults who got stuck in a cable car above a ravine in the north west of the country are rescued. the group was left dangling hundreds of feet in the air for more than 1a hours after a cable snapped. the military tried to reach them, first with helicopters, then with zip wires. huge crowds gathered to watch the rescue attempts. our pakistan correspondent caroline davies has the story. shouting. through the darkness and forest, the sight the crowds had been hoping, waiting and praying for strapped to the cable, the final rescue, waiting arms and shouts of god is great. 15 hours earlier, the children were taking the cable car to school when a cable snapped. makeshift cable cars are common in the rural mountains of pakistan, taking minutes over ravines while roads take hours. at first, army helicopters couldn t rescue them, buffeted by win
or the pricing of its offering but it is reportedly looking for a valuation of between 60 to 70 billion dollars. ahead of the ipo, the cambridge base company revealed revenue was down 1% from a year earlier. the company, which is currently owned by japan s softbank, is a chip designer whose technology powers most smartphones around the world, including iphones. in 2020, silicon valley chip maker nvidia tried to buy arm but the deal fell through because of regulatory scrutiny. despite that setback, nvidia is apparently in talks to take a major stake in the company when it goes public. other possible big investors also include apple and microsoft. since acquiring arm in 2016, softbank has touted the role it will play in the ai revolution. this offering to american investors will be a test of that claim. let s begin in china, because an incremental cut to a one year lending rate on monday has raised concerns that the world s second biggest economy is weaker than expected. the on