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Traders were also encouraged by new Inflation Data forjanuary that showed the smallest increase in goods and Services Prices for three years. That has added to bets that the Federal Reserve is on track to start cutting Interest Rates injune. Our north America Business correspondent Erin Delmore Reports from new york. All three of the major us Stock Indexes closed out february with a bang. The Tech Heavy Nasdaq Hit an all time high and it is the first time we have been able to say that since november 2021. Another new high for the s p 500. Both indexers enjoyed their best february high for the s p 500. Both indexers enjoyed their best february since 2015. The Dowjones Industrial Average for its part was up as well. That makes february the fourth straight month in the green for wall street and the Leap Day Boost was helped by some new Inflation Data. Well, the market today is reacting to a favourable continuation of inflation coming down in a trend towards the Federal Reserve � s target. Towards the Federal Reserve s taruet. ,. , ,. Towards the Federal Reserve s taruet. ,. ,. , target. Investors expect that to continue and target. Investors expect that to continue and it target. Investors expect that to continue and it is target. Investors expect that to continue and it is filled target. Investors expect that to continue and it is filled in target. Investors expect that to | continue and it is filled in hopes of Interest Rate cuts this year. Lets speak to Fiona Cincotta from city index. How much of this excitement is about potential of ai, and is there a risk that the optimism is overblown . Thanks for having me. So, yes. There is a lot of optimism surrounding ai and what has been interesting as we come to the end of this Earnings Seasonis come to the end of this Earnings Season is that we have actually seen this ai optimism start to turn into facts and figures, and i think that is what is part of what has really been driving this rally as well. We just need to look back at nividias earnings so notjust the just need to look back at nividias earnings so not just the figures coming out now but guidance for the coming out now but guidance for the coming quarters is really driving that Buying Interest into ai stocks, but also we are seeing that it is not just ai stocks but also we are seeing that it is notjust ai stocks now. It is starting to broaden outjust slightly as well, which is also encouraging, but as you said, there is also a worry you have to be wary of that perhaps could it be a little bit overdone, could this be a bubble that we are starting to see . For now, as the numbers are backing up the rally, i think there is this optimism for now that we do seem to be at levels that could be supported by the numbers. If we see this continue to get much hotter, then i think there would be some cabbages that will be a boggle forming. From the future to that will be a boggle forming. From the future to hear that will be a boggle forming. From the future to hear and that will be a boggle forming. From the future to hear and now that will be a boggle forming. From the future to hear and now to inflation and the cost of borrowing, tell us more about the pce index which is the feds referred barometer of how to measure inflation. What has it told us about prices and the us economy . We saw the Smallest Prices and the us economy . We saw the smallest possible prices and the us economy . We saw the smallest possible Increase Prices and the us economy . We saw the smallest possible increase in the smallest possible increase in inflation in three years. We also saw personal spending fall for the first time in five months. We know that the us consumer has been really very resilient, so that is also a good sign when spending comes down. That means that inflationary pressures also ease. But there was another side to this report as well. We saw on a monthly basis that inflation tech higher at the fastest pace since february last year and Services Inflation was the highest level in 12 months. Ticked higher. They are figures the Federal Reserve will keep an eye on. They are looking to get inflation back to this 2 level and start to cut Interest Rates as from i think the markets are suggesting june is when we are going to see it. The fed seems comfortable pointing towards june as well but i do not thinkjune is a done deal yet. We are going to see a few more reports come out before Thatjune Meeting and i think Services Inflation is what the fed is going to want to see start cooling further. Is going to want to see start cooling further. Is going to want to see start coolin further. ,. ,. ,. , cooling further. Fiona cincotta from ci index, cooling further. Fiona cincotta from city index, thanks cooling further. Fiona cincotta from city index, thanks for cooling further. Fiona cincotta from city index, thanks for that. Lets stay with that theme but move to europe because in a few hours time we get february Inflation Numbers for the euro area. Prices were rising at an annual rate of 2. 8 injanuary, down from 2. 9 in december. And we are expecting another fall in the rate of inflation, possibly down to 2. 5 . That could give the European Central bank more of the evidence it needs to start cutting Interest Rates from their record high. Azad zangana is senior european economist at schroders here in london. Welcome to the programme. 2. 5 . Is that what you were expecting as well . ~. , that what you were expecting as well . ~. ,. , well . We had figures released esterda well . We had figures released yesterday from well . We had figures released yesterday from the well . We had figures released yesterday from the biggest. Well . We had figures released yesterday from the biggest economies across the eurozone and it did suggest that there will be a further fall in inflation but probably not quite down to 2. 5 . There has still been small increases in energy costs, especially in germany which may be a figure of around 2. 6 . The ecb has signalled that even if inflation slow, that is not all they are looking at. They are also looking at wage growth. What do you think is the right path for rate cuts in the eurozone . Think is the right path for rate cuts in the eurozone . They will not no hither cuts in the eurozone . They will not go higher from cuts in the eurozone . They will not go higher from here. Cuts in the eurozone . They will not go higher from here. We cuts in the eurozone . They will not go higher from here. We are go higherfrom here. We are expecting rate cuts to come through fairly soon, perhaps not this month but we think probably next month, and then we expect a one percentage point cut across the main Interest Rates over the course of the next year. Rates over the course of the next ear. ,. ,. ,. , year. How much is the fate of the German Economy year. How much is the fate of the German Economy on year. How much is the fate of the German Economy on their year. How much is the fate of the German Economy on their minds| year. How much is the fate of the German Economy on their minds when it comes to deciding when to cut . Of course, germany is the most powerful economy in europe, currently arguably the sickest in the club right now two. The arguably the sickest in the club right now twe arguably the sickest in the club riaht nowtwo. ,. ,. , right now two. The German Economy has certainly right now two. The German Economy has certainly been right now two. The German Economy has certainly been struggling right now two. The German Economy has certainly been struggling for has certainly been struggling for some time and we had a contraction at the end of last year. It is possible that they are in a technical recession as we go through the first quarter. The European Central bank does not solely Pay Attention to any particular country. They always look at the aggregate but of course germany being so large has a large impact across has a large impact across the euro area but smaller countries like italy, spain, even the netherlands and belgium have been rebounding in recent months so it does look like the worst of the downturn is behind us as well as the worst of the inflation which has been one of the biggest reasons why the economy has struggled so much. Hopefully that will lead to those Interest Rate cuts everyone is looking for. 5de cuts everyone is looking for. Azad zan. Ana cuts everyone is looking for. Azad zangana from cuts everyone is looking for. Azad zangana from schroders. Thank you. Lets turn to economic tensions between the us and china now because President Biden� s trade chief Katherine Tai has suggested its healthier that trade between the two sides has decreased and that they are less reliant on each other. Last year, for the first time in more than two decades, mexico overtook china as the leading source of goods imported into the United States. The shift reflects the growing tensions between washington and beijing as well as us efforts to import from countries that are friendlier. Ambassador tai has been speaking exclusively to our middle east Business Correspondent Sameer Hashmi at the world trade 0rganizaton Ministerial Conference in abu dhabi. We knew several years ago that we needed to diversify us china trade, that the dependencies going both ways were increasing tensions and vulnerabilities. So a drop in trade between the United States and china is not necessarily negative. We could be a positive sign of diversification on both sides. I have not looked at the specific data you are pointing to, but i want to address in a really sober way some of the data and statistics that we see and widen the lens to understand what the overall trends are. fin see and widen the lens to understand what the overall trends are. What the overall trends are. On the eve of m03 what the overall trends are. On the eve of m03 a what the overall trends are. On the eve of Mc13 A Report what the overall trends are. On the eve of Mc13 A Report is what the overall trends are. On the eve of Mc13 A Report is released what the overall trends are. On the eve of Mc13 A Report is released by| eve of Mc13 A Report is released by your department which criticised china for being the biggest challenge to the International Trading system. China has retaliated by accusing the United States of Trade Bullying and unilateralism. This is a lot going on and this has resurfaced to create tension that has been the hallmark of this relationship over the last few years. How do you see these relations going ahead . I years. How do you see these relations going ahead . I know that is something relations going ahead . I know that is something that relations going ahead . I know that is something that Everybody Relations going ahead . I know that is something that everybody has. Relations going ahead . I know that is something that everybody has a | is something that everybody has a stake in because we are the two largest economies in the world, and thatis largest economies in the world, and that is why the World Trade Organisation is actually a really 0rganisation is actually a really important institution. It is a place where all of us have a seat and have a say in adapting and formulating the rules for all of us to be playing by. Iwill the rules for all of us to be playing by. I will say this one of the ways that the wto is showing its age is that the wto came about at a time when the economy is in the world were difference, and the economies that are here at the wto have also grown, and china is a good example, and china joined the wto in 2001. It was much smaller in footprint than it is today, and i think that chinas Economic Development is creating many Competitive Pressures around the world. That is a challenge that the wto is going to need to rise to meet. ,. , wto is going to need to rise to meet,. , ~ wto is going to need to rise to meet. ,. , ~ ~. , meet. So, you think the wto has to do more on meet. So, you think the wto has to do more on that meet. So, you think the wto has to do more on that front meet. So, you think the wto has to do more on that front in meet. So, you think the wto has to do more on that front in order meet. So, you think the wto has to do more on that front in order to. Do more on that front in order to pull up china . I5 do more on that front in order to pull up china . Do more on that front in order to pull up china . Do more on that front in order to ull u china . ,. ,. , pull up china . Is there more that we need to do at pull up china . Is there more that we need to do at the pull up china . Is there more that we need to do at the wto pull up china . Is there more that we need to do at the wto to pull up china . Is there more that we need to do at the wto to address i pull up china . Is there more that we | need to do at the wto to address the economic and Competitive Pressures that many of us are feeling in the Global Economy because of economic and trade footprint of china and its particular system . Yes, that is something we absolutely need to do. That is a part of this wto reform project, which is the wto is here to serve the interests of all of its members large and small. Serve the interests of all of its members large and small. Donald trum is members large and small. Donald trump is saying members large and small. Donald trump is saying that members large and small. Donald trump is saying that he members large and small. Donald trump is saying that he is members large and small. Donald trump is saying that he is going members large and small. Donald trump is saying that he is going to l trump is saying that he is going to erase chinese goods if he comes back to office. Well be Biden Administration follow the same policy and be tough on the chinese and even look at raising tariffs if they are back in office . President biden has been they are back in office . President biden has been clear they are back in office . President biden has been clear that they are back in office . President biden has been clear that his they are back in office . President. Biden has been clear that his trade policy needs to work for more americans and in particular that americans and in particular that American Workers need to benefit from American Trade Policies and we remain convinced that there is a way for us to have a version of globalisation where countries and economies come together to build their middle classes together and not pitch their workers and their middle classes against each other. Aha, middle classes against each other. A Katherine Tai there. The World Trade Organization Ministerial Conference in abu dhabi is just wrapping up. They have been holding all night talks and putting out their draft statements. They are still wrangling over a deal on subsidies to farmers and fishing rights. We will bring you more when we get it. Lets get some of the days other news now. India was the worlds Fastest Growing major economy in 2023 for the third year in a row. Growth came in at 8. 4 between october and december much stronger than expected. India is forecast to overtake japan and germany to become the worlds number three economy after the us and china in the next few years. The data comes as a boost for Prime Minister narendra modi, who faces a general election this year. Sainsbury� s has announced its cutting around 1500 jobs subject to consultation as part of plans to save around £1 billion over three years. It says roles will be lost at its Contact Centre in cheshire, in store bakeries, and some local fulfilment centres. Some staff will be redeployed, with alternative roles found where possible. 0cado has warned it could take legal action against Marks Spencer if the retailer does not hand over a final payment for their online food joint venture. The grocery Technology Firm and m s signed a deal nearly five years ago for 0cado to sell the retailers food on the internet. M s made an upfront payment of more than £560 million, and is due to pay more than £190 million based on certain targets being met. However, it is claiming that 0cado has not reached those goals. Coming up pumping out profits. The Issa Brothers from blackburn made billions from Petrol Stations, but can they do the same with Supermarket Giant Asda . We speak exclusively to mohsen issa in his first ever tv interview. Around the world and across the uk, this is bbc news. Bringing you different stories from across the uk. Bringing you different stories from across the uk. , across the uk. There have been times when tom hughes across the uk. There have been times when tom hughes thought across the uk. There have been times when tom hughes thought about when tom hughes thought about quitting athletics but he kept going, hoping one day he would jump higher than ever before. filth going, hoping one day he would ump higher than ever beforefi higher than ever before. Oh eases over that one higher than ever before. Oh eases over that one reinvigorated higher than ever before. Oh eases over that one Reinvigorated My i over that one Reinvigorated My motivation. Over that one Reinvigorated My motivation, my over that one Reinvigorated My motivation, my high over that one Reinvigorated My motivation, my high jump over that one Reinvigorated My. Motivation, my high jump career, over that one Reinvigorated My. Motivation, my highjump career, it has made motivation, my highjump career, it has made me start to look at what i can achieve has made me start to look at what i can achieve again. It makes me think well, can achieve again. It makes me think well, i can achieve again. It makes me think well, ican can achieve again. It makes me think well, i can do that. There has been well, i can do that. There has been a well, i can do that. There has been a lot well, i can do that. There has been a lot of well, i can do that. There has been a lot of times where i thought it been a lot of times where i thought it is been a lot of times where i thought it is not been a lot of times where i thought it is not going to happen. It been a lot of times where i thought it is not going to happen. It is not going to happen. It has taken hughes it is not going to happen. It has taken hughes seven it is not going to happen. It has taken hughes seven years it is not going to happen. It has taken hughes seven years to it is not going to happen. It has| taken hughes seven years to jump three centimetres higher but now the old bounce is back. Initially not even invited to the uk indoor championships, hughes was not expecting to figure in the metals, but on the day he found what high jumpers call the pop two metres 18 was cleared. A golden day and a pb with a silver lining. Youre live with bbc news. Lets return to the us now, and a familiar story because in the last couple of hours, the senate has passed a short term funding bill to stop the federal government running out of money. Without a deal, some Government Services would have had to shut down at midnight tonight washington time. It will now go to President Biden to be signed into law, but it only buys a couple of weeks breathing space. Credit ratings agencies say the ongoing political wrangling and brinkmanship over americas finances is affecting the countrys creditworthiness a big issue given the size of the National Debt which is now over 34 trillion. Daniel lippman is washington and White House Reporter at politico. Thanks forjoining us, daniel. What were the sticking points this time around . Presumably, these are the same ones that are going to come up again when we reach the same crunch moment in a few weeks time. 50. We reach the same crunch moment in a few weeks time few weeks time. So, the reason that this took a while is few weeks time. So, the reason that this took a while is that this took a while is that republicans in the house, they wanted to put conservative policy writers on issues like abortion, on eliminating the department of Homeland Security � s secretarys salary because they were mad about what is happening at the southern border, but they kind ofjust saw the Writing On The Wall which is that republicans never do well politically by shutting down the government. Anytime they had found that in the past 20 years, their Approval Ratings go down and you did not have trump telling them please shut down the government. He does not see that as good for him so unlikely republicans in congress stopping the Immigration Bill a few weeks ago, this time they did not have pressure from trump so they were able to make a deal with democrats to keep the lights on. What you are saying is republicans dont ultimately want to shut down the government but they do love pushing it all the way to the wire. We have seen so many showdowns like this. Is that kind of ruse going to run out of steam eventually, do you think . ~. ,. ,. , run out of steam eventually, do you think . ~. ,. ,. , run out of steam eventually, do you think . ~. ,. , think . Well, as long as they control a section of think . Well, as long as they control a section of congress think . Well, as long as they control a section of Congress Like think . Well, as long as they control a section of Congress Like they think . Well, as long as they control a section of Congress Like they do. A section of Congress Like they do with the house then they will always have some type of leverage, and so usually the way that they do this is because they want to get spending down, even though republicans have spent added trillions of dollars to the National Debt during the trump administration, there is still a hard core aspect of the house that really thinks the government is spending way too much money and wants to tamp down spending. So, they are able to get some progress to they push it to the brink so that they can get spending down, or at least keep the levels in check. So, they do make they can tell their constituents that they made some progress. Their constituents that they made some progress their constituents that they made some progress. Danielwashington, politico reported, some progress. Danielwashington, politico reported, thank some progress. Danielwashington, politico reported, thank you some progress. Danielwashington, politico reported, thank you for politico reported, thank you for joining us. Daniel lippman. To the war in ukraine now, because estonias Foreign Minister has told the bbc that the economic hit europe is suffering from Cutting Trade ties with russia is one worth taking. It comes amid growing calls to confiscate 300 billion russian assets held in the west in order to help ukraine. The eu and us have already imposed sweeping financial sanctions and cut trade links with russia to try and limit Vladimir Putins forces ability to fight. Margus tsahkna told my colleague Aaron Heslehurst europes economies needed to change. What we must understand, to have business with russia, it does not work. It was years of european policies, some bigger countries, they were thinking that if we have economic relations, strong relations with putin and russia, then we can somehow control putin. Nord stream one and nord stream two, they were exactly these kinds of projects. No, it is political, it is all economic. But it is political. Anything from russia is political as well and i dont say we must take the heat but we need to organise, reorganise our economies, not to be so much dependent on russian economies. So much dependent on russian economies so much dependent on russian economies. ~. ,. Economies. Well, the Economic Impact of the war in economies. Well, the Economic Impact of the war in ukraine economies. Well, the Economic Impact of the war in ukraine is economies. Well, the Economic Impact of the war in ukraine is a economies. Well, the Economic Impact of the war in ukraine is a theme economies. Well, the Economic Impact of the war in ukraine is a theme of of the war in ukraine is a theme of this weeks Talking Business with Aaron Heslehurst. You can see it throughout the week here on bbc news. Its three years since two brothers from blackburn in the north of england bought Supermarket Giant Asda. Mohsin and zuber issa made a £5 billion Fortune Building A Global Petrol Station Empire which they still jointly own with a private finance company. Buying asda, though, has put them under a glare of publicity and scrutiny, partly because of the large amount of debt they used to do it. Theyre notoriously publicity shy, but mohsin Issa Hasjust Given his first interview to our Business Correspondent emma simpson about their rise to the top and what lies ahead for britains third biggest supermarket. Ata at a Petrol Station in stevenage, the opening of asdas 1000th store. Here is the man who is in the driving seat mohsin issa is Turning Hundreds of these pitstops into a asda express. He has preferred to stay out of the limelight until now. If i preferred to stay out of the limelight until now. If i rewind you back to sort limelight until now. If i rewind you back to sort of limelight until now. If i rewind you back to sort of 2001 limelight until now. If i rewind you back to sort of 2001 when limelight until now. If i rewind you back to sort of 2001 when we limelight until now. If i rewind you i back to sort of 2001 when we started on the journey, back to sort of 2001 when we started on thejourney, emma, back to sort of 2001 when we started on the journey, emma, if back to sort of 2001 when we started on thejourney, emma, if you back to sort of 2001 when we started on the journey, emma, if you sort of picture a store in that time, it was quite a dirty, kiosk style offering. Is brother and he turned forecourts into retail destinations. The Issa Brothers of one of the most successful entrepreneurial stories of the last decade stop from humble beginnings, they build a global business, spanning ten countries, and nobody had really heard of them. That gave them the firepower to take control of asda, Catapulting Them into the spotlight. Irate control of asda, Catapulting Them into the spotlight. Into the spotlight. We are very fortunate into the spotlight. We are very fortunate. We into the spotlight. We are very fortunate. We have into the spotlight. We are very fortunate. We have been into the spotlight. We are very fortunate. We have been very| into the spotlight. We are very fortunate. We have been very lucky on ourjourney. We have been in the right place at the right time and taken advantage of some of the opportunities. Bud taken advantage of some of the opportunities taken advantage of some of the o ortunities. � ,. ,. ,. , opportunities. And you have made millions. You opportunities. And you have made millions. You have opportunities. And you have made millions. You have done opportunities. And you have made millions. You have done all opportunities. And you have made millions. You have done all right. | millions. You have done all right. We have not done bad, to be honest. But they had taken on a lot of debt to get there. It is how they bought asda and it has put them under scrutiny. Do you feel a bit of a weight of responsibility owning and running one of the uks biggest, most important banks . Irate running one of the uks biggest, most important banks . We touch 87 ofthe most important banks . We touch 8796 of the uk population most important banks . We touch 8796 of the uk population at most important banks . We touch 8796 of the uk population at any most important banks . We touch 8796 of the uk population at any point most important banks . We touch 8796 of the uk population at any point in i of the uk population at any point in the year, so when you are as relevant as that, absolutely there comes a responsibility around ensuring that you are a great custodian of the brand, you are ensuring that you are relevant to the customers and you are delivering what the Customer Requirements are as well. � ,. ,. , what the Customer Requirements are as well. N. ,. , what the Customer Requirements are aswell. A. , what the Customer Requirements are as well,. ,. ,. ~ as well. Asda has been losing market share, but as well. Asda has been losing market share. But he as well. Asda has been losing market share, but he insists as well. Asda has been losing market share, but he insists he as well. Asda has been losing market share, but he insists he has as well. Asda has been losing market share, but he insists he has got i as well. Asda has been losing market share, but he insists he has got a i share, but he insists he has got a plan. I5 share, but he insists he has got a ian,. , share, but he insists he has got a ian,. , share, but he insists he has got a ian,. , , share, but he insists he has got a lan. ,. ,. , plan. Is challenging, but it is a very competitive plan. Is challenging, but it is a very competitive market i plan. Is challenging, but it is a very competitive market out i plan. Is challenging, but it is a i very competitive market out there. At the same time, we feel we are doing the long Term Investment that will help us regain some of that market share. Will help us regain some of that market share. I. ,. Market share. So, are you saying you are sort of trying market share. So, are you saying you are sort of trying to market share. So, are you saying you are sort of trying to reset market share. So, are you saying you are sort of trying to reset the are sort of trying to reset the business . Are sort of trying to reset the business . ~. , ,. , business . We are absolutely in a reset pian business . We are absolutely in a reset plan he business . We are absolutely in a reset plan. He and business . We are absolutely in a reset plan. He and his business . We are absolutely in a reset plan. He and his brother i business . We are absolutely in a i reset plan. He and his Brother Zuber have been an reset plan. He and his Brother Zuber have been an amazing reset plan. He and his Brother Zuber have been an amazing double i reset plan. He and his Brother Zuber have been an amazing double act. Have been an amazing double act. Zuber continues to run the Petrol Station business. There have been Industry Rumours that there has been a rift. Is everything 0k . Industry rumours that there has been a rift. Is everything ok . A rift. Is everything ok . Yeah. I mean, a rift. Is everything ok . Yeah. I mean. There a rift. Is everything ok . Yeah. I mean, there is a rift. Is everything ok . Yeah. I mean, there is absolutely i a rift. Is everything ok . Yeah. I mean, there is absolutely no i a rift. Is everything ok . Yeah. I | mean, there is absolutely no rift between myself and zuber. We speak to each other probably two or three times a day. To each other probably two or three times a day times a day. Because he is Running Eg Group and times a day. Because he is Running Eg Group and you times a day. Because he is Running Eg Group and you are times a day. Because he is Running Eg Group and you are at times a day. Because he is Running Eg Group and you are at asda. I times a day. Because he is running i eg group and you are at asda. Sure. When he rang eg group and you are at asda. Sure. When he rang me eg group and you are at asda. Sure. When he rang me earlier eg group and you are at asda. Sure. When he rang Me Earlierjust eg group and you are at asda. Sure. When he rang Me Earlierjust to i eg group and you are at asda. re when he rang Me Earlierjust to wish me good luck. When he rang me earlier ust to wish me good luck. When he rang me earlier ust to wish me good luck. Because you dont like doino me good luck. Because you dont like doing interviews, me good luck. Because you dont like doing interviews, do me good luck. Because you dont like doing interviews, do you . Me good luck. Because you dont like doing interviews, do you . Cheekily i doing interviews, do you . Cheekily he said i would doing interviews, do you . Cheekily he said i would need doing interviews, do you . Cheekily he said i would need it doing interviews, do you . Cheekily he said i would need it as doing interviews, do you . Cheekily he said i would need it as well. I he said i would need it as well. There is no parting of the ways . Definitely not. We get on exceptionally well. [30 definitely not. We get on exceptionally well. Do you hate bein exceptionally well. Do you hate being dubbed exceptionally well. Do you hate being dubbed the exceptionally well. Do you hate being dubbed the billionaire i being dubbed the Billionaire Brothers . It being dubbed the Billionaire Brothers . ,. ,. ,. ,. , brothers . It is not a tag you want to be associated brothers . It is not a tag you want to be associated with, brothers . It is not a tag you want to be associated with, absolutely| to be associated with, absolutely not, but i suppose that is what people call it, and i suppose it is what it is. Do people call it, and i suppose it is what it is what it is. Do they still have an a etite what it is. Do they still have an appetite for what it is. Do they still have an appetite for more what it is. Do they still have an appetite for more deals . I what it is. Do they still have an appetite for more deals . You i what it is. Do they still have an i appetite for more deals . You never say never appetite for more deals . You never say never that appetite for more deals . You never say never. That is appetite for more deals . You never say never. That is the appetite for more deals . You never say never. That is the entrepreneur| say never. That is the entrepreneur thatis say never. That is the entrepreneur that is in you. That is in your dna, and that never goes away. For now, his focus is and that never goes away. For now, his focus is getting and that never goes away. For now, his focus is getting asda and that never goes away. For now, his focus is getting asda on and that never goes away. For now, his focus is getting asda on the i his focus is getting asda on the right track before he put someone else in charge. Emma simpson, bbc news, stevenage. Fascinating stuff. If you want to learn more about mohsin issa and his Brother Zuber and their plans for the Supermarket Giant Asda, there is a long read there on the bbc news website that you can digester at your leisure. Lets see how the asian markets are faring. The optimistic mood on wall street that we were discussing at start of the programme is reflected on the main asian indices which are trading right now. Heres where wall street ended thursday. Investors believe the case for a rate cut has been made stronger by recent Inflation Data. Stay with us here on bbc news. Hello there. Well, february was mild on the whole, and it was also very wet for many of us, particularly across parts of east anglia, where some spots saw as much as three times the average february rainfall. Now, as we head into march and the start of the meteorological spring, well, its all about to turn colder. Therell be some frosty nights and the possibility of some of that rain, the showers turn into snow over the higher ground. Now, mostly any snow will be over 200 metres elevation. So that does include the high ground of northern ireland, the welsh mountains, the pennines and the cumbrian fells. And some of that rain and snow will be pushing towards the Southern Uplands as we head towards the end of the day where the snow levels could start to drop a little bit. But there will be a lot of heavy rain as we head through the morning across england, wales and northern ireland. Its all clearing its way northwards and eastwards showers, brighter spells following on behind for many of us, blustery winds up through the channel and for north sea facing coast as well. Some of that Rain Clearing away from northern ireland. Its going to be feeling cold, largely dry across much of scotland until we get to the end of the day when we could start to see some snow just feeding its way in from the south and then gradually pushing northwards as we head throughout the night. The snow levels starting to drop. Its another cold night on friday into saturday. There will be a frost out there for many sheltered spots. Temperatures down to low single figures. Watch out for some icy stretches, of course, as we start off the weekend. Now, on saturday, a low pressure is very much centred right across the uk and its just spiralling around all of these showers. There could be showers just about anywhere as we head throughout the day on saturday. Still brisk northerly winds blowing across the northwest of scotland, down through northern ireland. But elsewhere, the winds will fall a little lighter. There will be some showers again, wintry over the high ground. Its still feeling cold as well, with temperatures peaking only between seven and nine degrees celsius. Thats a little below the seasonal average, of course, feeling colder and exposure to the wind and underneath the rain. Its the same again on sunday, but it looks drier for most of us. So fewer showers around. But the showers that we do see again could turn wintry over the higher ground. The winds will be lighter as that low tends to fill. As we head through into the start of next week, another area of low pressure swings in from the southwest. So again, its looking wet and its looking windy at times. But after we get to tuesday and wednesday, things will start to settle down. It could turn a bit milder. Bye bye. Good morning, welcome to breakfast with Charlie Stayt and naga munchetty. 0ur headlines today. I do hereby declare that George Galloway is elected. Cheering. The veteran political campaigner George Galloway has won the rochdale by election with a big majority. This is going to spark a movement, a landslide, a shifting of the tectonic plates, in scores of parliamentary constituencies. Theres growing criticism of israel after reports that more than 100 people died as they crowded around a delivery of food aid. A nation of chocolate lovers, we spent £7 million on the treats last year but they are getting more expensive. I am at whittaker� s factory in skipton finding out how these make their way to the supermarket shelves. As the new formula one season gets under way, the Red Bull Team principal Christian Horner has again denied allegations of inappropriate behaviour, after a series of alleged messages were leaked. Beautiful gardens

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