Specifically ofcom says its concerned about fees for moving data and technical barriers that can make it difficult to switch providers. And this is a big and growing business. The consultancy mckinsey estimates Cloud Computing could be worth 3tn by the end of this decade. Microsoft said it was committed to competition and would engage with the uk inquiry and amazon said it believed ofcoms findings were based On A Fundamental Misconception of the sector and that the problems had been exxagerated. Raoul lumb is a commercial Technology Lawyer with the London Law FirmSimon Muirhead burton and when i spoke to i started by asking him to explain the importance of the cloud to modern life. I mean, you and me are using it now. So here i am. Im talking to you over sort of voice over internet service. All of the data that im recording with my mic, with my mic and my camera, thats going to a data center probably owned by amazon or microsoft to be processed before it gets to you. So anybody who uses any kind of internet enabled software or service will ultimately be using the services of one of those Cloud Providers that youve just talked about. Its ubiquitous. We all interface with them sort of Tens Of Times a day. And as you said, by those two providers, and thats what ofcom is concerned about, that its amazon and microsoft who dominate about 70 to 80 of the market. Why is it so difficult for rivals to get in on this, given its such a big business . Yeah, good question. So to start with, it requires quite a lot of investment to get into the market. So in order to be a Cloud Services provider, you essentially need a warehouse full of computer servers, which are not cheap things to buy in the first place. The problem is that the first mover is the hyperscalers, as the cma is calling them, a Competition Watchdog here in the uk. Once theyre in, they they have the cma says created a series of barriers that stop consumers moving away from the person they first bought, Cloud Services off of, which has seen amazon and microsoft essentially monopolize between them the sector and have 70 of it. And i wonder then if new entrants are to get into the market, how can it be made easier . Because i suppose there are big questions, arent there, about What Powers Ofcom has and the cma to change things . Yes, well its worth, i think, maybe sort of explaining what the barriers are that stop you from moving away from one of these providers. So you can get a sense of what it is that the cma would have to change. So one of the most difficult things about moving from a Cloud Service provider is not that you have to pay them a fee to leave. Thats one thing the cma is concerned about. But The Real Thing is that when you use a Cloud Service provider, its not that you simply upload youre sort of Computer Programme to their server and let it run. You use a whole series of Custom Software that is specific to that Cloud Services provider, almost like lego blocks, you are looking at the Ukrainian President , volodymyr zelensky, meeting rishi sunak. We are expecting them to make a few comments, as you can see just meeting officials at that gathering in granada in spain. That is getting under way. There are all sorts of things on the agenda, not least the war in ukraine and the International Response to it. You can see there that the meeting, we will take you back live as soon as that Press Conference gets under way. Just to say we are watching that and if there are further developments we will take you there life. We will take you there life as soon as that Press Conference gets under way. We will also get rid of thats out. Lets continue with the business. What goes up must come down, or so the saying goes. And it seems that is what is now happening with global oil prices. For the last three months prices have been rising steadily as major producers like saudi arabia limit supplies and that has stoked concerns that inflation might start to rise again. But weak data from the us seems to be pushing prices down again. Michelle fleury is in new york for us. That is the issue, isnt it chris back as soon as there are concerns about the global economy, businesses and government say, hang probably need less of the black stuff . Yes. Need less of the black stuff . Yes, and that is need less of the black stuff . Yes, and that is really need less of the black stuff . Yes, and that is really sending need less of the black stuff . Yes, and that is really sending a need less of the black stuff . 133 and that is really sending a chill through the oil markets at the moment. You are right. When people look at demand, how much oil people think will be consumed, the expectation is that less will be needed because growth is slowing down. In the United States, if you look back to the previous inflation data, it looked like prices were continuing to rise and a lot of that was driven by an increase in the cost of oil. That has already had an impact on american consumers, who have pulled back their spending and so that is helping to drive down the cost of oil. But it is notjust american consumers. If you look more broadly at growth in what has been happening in the european union, it has been lower than expected. That is also having a downward Pressure Effect on the price of oil and then on top of that, as you mentioned, the oil producers, including russia and others, have not cut production which can help lift and support the price of oil. The fact they didnt do that at their most recent meeting, in the face of what is expected to be less demand, that really has sent the oil price lower. I am looking right now, crude, down one and a quarter percent. West tech intermediate, down about the same amount. ~. , ~ , intermediate, down about the same amount. ~. , ~. , amount. Michelle, thank you for keein amount. Michelle, thank you for keeping an amount. Michelle, thank you for keeping an eye amount. Michelle, thank you for keeping an eye on amount. Michelle, thank you for keeping an eye on that. Amount. Michelle, thank you for keeping an eye on that. We amount. Michelle, thank you for keeping an eye on that. We will| amount. Michelle, thank you for keeping an eye on that. We will talk again soon. What are the Biggest Challenges facing global bosses chris back is it navigating Global Politics or getting to grips with al. How about making sure they have ai. How about making sure they have the right step with the right skills. Lets get more with regina mayor, global head of clients markets at the Management Consultancy kpmg in houston. Iam i am Global Economic confidence, we see that ceos remain bullish about the economy. Their confidence in their own comp any� s ability is slipping. I their own comp anys ability is sli |na. ~ their own comp anys ability is sliuina. ~. , slipping. I think that is where we are seeing slipping. I think that is where we are seeing some slipping. I think that is where we are seeing some of slipping. I think that is where we are seeing some of the slipping. I think that is where we | are seeing some of the economic headwinds manifesting themselves in customer behaviour. Another interesting finding is geopolitics jumped to the number one of the top five risks. It wasnt even in the top five last year, even though the war in ukraine was well under way. Climate change dropped to number five and internal issues, like operations and supply chain and emerging tech, at the other that round at the top five. It is a different set of risks. We still see them being not so bullish, again economic, so third of them are Keeping Money at the mna market. find Keeping Money at the mna market. And it is interesting, given how those challenges have changed. It underlines how adaptable bosses need to be. I suppose the che delay makes the same is true of the workforce. I am particularly taken by that recovery from the pandemic. That falling out of concerns and a whole host of factors, particularly just having the right skills for The Right Stuff on rightjobs. We having the right skills for The Right Stuff on right jobs. Right stuff on right obs. We see this leaning h right stuff on right obs. We see this leaning into right stuff on right jobs. We see this leaning into The Right Stuff on right jobs. We see this leaning into the return right stuff on right jobs. We see this leaning into the return to i right stuff on right jobs. We see i this leaning into the return to work mantra, so a full 64 of them say they expect employees to be back at work i do miss 90 of them say they will reward people for doing that. I would take a more balanced, more nuanced approach that, because we found multiple generations in the workforce, they all have different needs and wants, flexibility remains important and talent. 70 of ceos are excited about al and satyrs their top investment, but they also said concern about cyber security. Ethics around the use of ai and the fact there is not a lot of regulation. How do you use ai effectively and train your workforce, and the third thing i found most intriguing is the whole esg conversation. Almost 70 believe that they have embedded esg into their ongoing operations, but that same percentage doesnt believe that it will necessarily withstand external stakeholder scrutiny. Lots to do. I would challenge that it is embedded in their businesses. I think that is an overly optimistic statistic but it is reflected and they know it might not stand up. I am interested as well, do these bosses have the skills, given how much their work has changed over the last year, and the demands being put on them . Are they qualified to deal with this, particularly ai . I on them . Are they qualified to deal with this, particularly ai . With this, particularly ai . I think many ceos with this, particularly ai . I think many ceos are with this, particularly ai . I think many ceos are very with this, particularly ai . I think many ceos are very qualified, i with this, particularly ai . I think l many ceos are very qualified, that is how they got to where they are today. We continue to see growth in large corporate globally, that i think belies what we would have expected, given the economics. It is clear they have to be agile, they have to continue to change their skill set. They have to manage stakeholders differently. The tenure is also getting shorter. I think the average time in office is getting shorter so it is definitely ramping up shorter so it is definitely ramping up the demands on those individuals, as they all try to navigate this complex set of circumstances. Goad complex set of circumstances. Good to talk to you. Complex set of circumstances. Good to talk to you, thank complex set of circumstances. Good to talk to you, thank you complex set of circumstances. Good to talk to you, thank you for complex set of circumstances. Good to talk to you, thank you for being with us. There is your business stories. Around the world and across the uk, this is bbc news. As fully trained beekeepers, these primary schoolchildren in the Yorkshire Dales are getting out of the classroom and as close as they can to nature. Their teacher and parents want them to learn first hand about the great outdoors, and about the bees vital place in the ecosystem, on their doorstep. I bees vital place in the ecosystem, on their doorstep. Bees vital place in the ecosystem, on their doorstep. I wanted to have a beehive. On their doorstep. I wanted to have a beehive. And on their doorstep. I wanted to have a beehive, and then on their doorstep. I wanted to have a beehive, and then laurie on their doorstep. I wanted to have a beehive, and then laurie and on their doorstep. I wanted to have a beehive, and then laurie and joe| a beehive, and then laurie and joe came along and said they would train the children. The idea of actually allowing the children to do the beekeeping isjust allowing the children to do the beekeeping is just such a fantastic experience for them. Ibee beekeeping isjust such a fantastic experience for them. Bee populations are said to be experience for them. Bee populations are said to be under experience for them. Bee populations are said to be under Pressure Experience for them. Bee populations are said to be under pressure in are said to be under pressure in some parts of the world, and the children are also learning about their vital role as pollinators. Ii their vital role as pollinators. If it wasnt for the bees we wouldnt have as much food as we do and it is a case of looking after the ecosystem around school. I a case of looking after the ecosystem around school. I wanted to volunteer and ecosystem around school. I wanted to volunteer and its ecosystem around school. I wanted to volunteer and its really ecosystem around school. I wanted to volunteer and its really nice ecosystem around school. I wanted to volunteer and its really nice and ecosystem around school. I wanted to volunteer and its really nice and i volunteer and its really nice and i have volunteer and its really nice and i have tasted the honey and it tastes really have tasted the honey and it tastes really nice have tasted the honey and it tastes really nice. Its sweet. You are live with bbc news. A few minutes ago we were talking about that decision that has raised eyebrows in washington, that Decision Byjoe Biden to build a section of wall, a border wall with mexico. These are some of the pictures. There has been reaction in the last little while from mexicos resident, responding to that announcement, and he has said that the proposal that was announced yesterday to allow the construction of the wall is contrary to that President Biden had been respecting, reference to the criticism Thatjoe Biden had aimed at donald trump and his border wall, that was so prominent in the last administration. Mexicos president saying up to now he is the only president who has not built a wall. I understand there is strong pressure from extreme right wing politician groups in the United States but clearly an unwelcome move, according to mexicos president , who said, head of a meeting with us officials, that immigration, drug trafficking, trade investment, would be on the agenda during those bilateral talks. Certainly unhappiness about this new section of border wall that will be erected on the us and mexico frontier, which the mexican president has said which would be a, quote, backward step. Interesting Media Reaction to that emerging news from washington. To india now, and rescue teams are in a race against time in North Eastern sikkim state, where around a hundred people are missing after flash floods. 18 people are now known to have died after a cloudburst over a Mountain Lake triggered massive floods. Hundreds of search and rescue personnel have been deployed across the state. Courtney bembridge has more on the floods. This was started by a massive amount of rain, known as a cloud burst, over this glacial lake which caused it to break its banks and the water to travel down here into this river and valley, causing major issues. Satellite Images Released by the space agency in india show the amount of water that left that lake. This image was from 17th september, and you can see on the 20th September similar, but by fourth october about half the amount of water was left there. This is where it went, causing major issues. You can see the speed and power of this Water Running through that river. This was released by the indian army and they noted 22 soldiers are among those still missing in the floods. Some more imagery showing the damage. Infrastructure has been wiped out. This was once a bridge. Roads have been affected and homes badly damaged and communication towers wiped out, making it very difficult to get information in or out. We also know Rescue Operation is made more difficult by the geography of this area, its isolation. This also shows more damage in this area. People here returning to their homes to try to salvage what they have left, but massive amounts of damage. We also know these are the conditions the rescuers are working in, very difficult, and more than 100 people still missing. However state Authorities Say more than 10,000 have been rescued and are now in displacement camps but many more are still stranded including about 3000 tourists. A Press Conference will take place to announce the height of mont blanc, western europes highest mountain, following the annual measuring. As fears grow over melting glaciers, the official height of mont blanc has been on a downward slide for over a decade. The mountain has been losing an average of 13 centimetres in height annually since 2001. Live now to france, where we can speak to Jean Christophe clement, professor of ecology at the University Of Savoie mont blanc. Just a quick word about those measurements and mum blog. What should we make of that sort of shrinkage and that sort of pace . Thanks for inviting me. I think according to my colleagues, there is no worry about the shrinkage of mont blanc, because it is something that occurs annually, even seasonally, depending on how much precipitat