Rishi sunak pays tribute to the three british aid workers killed in the attack describing the deaths as an � awful, awful tragedy� as politicians in the uk call for an arms embargo. Dozens remain trapped in road tunnels in taiwan after the biggest earthquake there in 25 years. At least nine people have died, with more than 800 injured. And the president of botswana threatens to send 20,000 elephants to germany in a dispute over conservation. Time for a look at the Business News now. Good afternoon, a quick look at our top stories. Energy leaders are faced with multiple diverse challenges on the path to net zero. Amongst them are ensuring energy security, affordability and delivering wider economic goals right around the world. In particular, Global Energy systems are showing signs of deficiencies and strains everywhere. These are the findings of the � 2024 World Energy Issues monitor, a Major International survey by the � world energy council. Dr Angela Wilkinson is secretary general and ceo of the body, and she told me about the big challenges energy sector. The Energy Transition is definitely a puzzle that has to be managed. There is no such thing as an easy or straightforward pathway to the future, it doesnt matter what you are doing. This years World Energy Issues monitor shows across the board in all regions and segments, there is a growing sense of uncertainty, a growing concern about turbulence and the good news might be that we actually have to navigate rather than assume it is all going to happen. As you highlighted these bottlenecks and the issues, were you able to come up with solutions at all . The World Energy Issues monitorjust takes the pulse of where our Energy Leaders are paying attention, to action priorities, what is keeping them busy during the day and what is keeping them awake at night. This year it shows it is geopolitics, geopolitics, geopolitics. And what is keeping them busy during the day is a mix of three action priorities, there is no Energy Transition without transmission and there is a big gap between the amount of investment going into Renewable Energy generation and the investment going into grid extension, and connecting that new Energy Sources to users. So transmission is a big action priority. So is stakeholder engagement. We cannot manage this orderly transition if we do not all get involved and there is a weak bottom up engagement going on. And the third area of action that is moving up is everybody agrees that Climate Change is a big concern in terms of Energy Transitions, but the priorities and agenda for climate mitigation, adaptation and compensation vary significantly between regions. In highlighting the lack of investment to help with improving capacity, is it that a lot of these Energy Leaders dont really want to face the bill that this entails . We all face the bill, whatever system we operate in is the general public pay for everything, businesses will pass on costs, they have to make investments. I wouldnt focus so much. There is no shortage of technology or money, it is attracting the money to Energy Transitions, so that is about Capital Markets and whether they are incentivised to put investment into energy systems, it is about enabling the investment in infrastructure, but most of all it is about Engaging Society so they think there is a huge benefit for them from this Energy Transition, rather than just a cost and a bill to foot. The walt disney companys boardroom battle with billionaire shareholder, nelson peltz, is coming to a head this week. Disney will shortly announce the results of a Shareholder Ballot to determine the makeup of its board of directors. The company has urged shareholders to support its own slate of nominess. Its own slate of nominees. That doesnt include nelson peltz or a second nominee that his own company is also backing. Lets get more now from Michelle Fleury whos covering this from new york. Why is it a tassle . What is the issue . �. Why is it a tassle . What is the issue . ,. ,. , issue . Annual Shareholder Meetings are dry affairs issue . Annual Shareholder Meetings are dry affairs. This issue . Annual Shareholder Meetings are dry affairs. This one issue . Annual Shareholder Meetings are dry affairs. This one should are dry affairs. This one should offer a Roller Coaster ride because offer a Roller Coaster ride because of this battle that was brought by an Activist Investor nelson peltz. The complaint was that disneys share price is not high enough, an argument that does hold some water if you compare it to netflix, that is worth based on share price five times the amount of disney, that has the parts, the attractions, the slate of films and movies, the Intellectual Property as well as the Streaming Business and yet its valuation is much lower. I tend to look at it as two things, a question about succession, he will replace bob iger. The last time he was replaced it didnt go well and they had to bring him back. Since his return there have not been enough steps taken return there have not been enough steps ta ken to return there have not been enough steps taken to address that. The other thing is streaming, one of the complaints made by nelson peltz. It is a difficult challenge any difficult time for disney, and clearly enough people are unhappy that high profile backers are supporting nelson peltz, whether it is elon musk or the californian pension fund. Is elon musk or the californian pension fund. How is it likely to end . At the pension fund. How is it likely to end . At the moment pension fund. How is it likely to end . At the moment it pension fund. How is it likely to end . At the moment it looks i pension fund. How is it likely to | end . At the moment it looks as pension fund. How is it likely to i end . At the moment it looks as if disney has end . At the moment it looks as if disney has prevailed, end . At the moment it looks as if disney has prevailed, they end . At the moment it looks as if disney has prevailed, they appear end . At the moment it looks as if i disney has prevailed, they appear to have got enough votes to ward off this challenge. If you look at the share price right now, given the fact that disneys boards is expected to succeed in getting the slate of directors they want appointed, the share price is trading down today and that reflects the fact that disney is vulnerable to a challenge, and even though it didnt succeed this time around, some people feel the criticism is warranted. Some people feel the criticism is warranted some people feel the criticism is warranted. , ~ ,. ,. The head of the un s intellectual Property Agency says theres no appetite for global regulations governing Artificial Intelligence or ai not yet at least. New figures show ai is behind a growing number of Patent Applications received by the world Intellectual Property 0rganisation or wipo but the overall number of applications fell last year for the first time in 14 years. So are difficulties in the Global Economy getting in the way of innovation . 0ur Reporterjonathanjosephs spoke to wipos director general, daren tang. I think what we are seeing is that for the last two years there has been a difficult Situation Macro economically. Interest rates have gone up, money supply has dried up, and with the result that Venture Capital deal flow has reduced considerably. And i think this what this means is that it may be resulting in a reduction of oxygen to the fire of innovation. And i think what we need to do is that, you know, we are trying to encourage policymakers to look at this and to make sure that when people are innovative, they all have the best environment, right. To bring the idea to the market. When Central Banks are thinking about the cost of borrowing, are they thinking sufficiently about innovation and the perhaps Chilling Effect that high costs of borrowing can have on innovation . I think there are probably two ways to look at this. But, in this moment of downturn, right, what we tend to see is that there is a focus on quality again. That may not necessarily be a bad thing for Innovation Ecosystems around the world. So, for when the cycle turns up again, there will really be Game Changing technologies that come into the market, just like after the financial crisis in 2010. So when we look at innovation in the Global Economy at the moment, a lot of the talk is about Artificial Intelligence. What are the trends that youre seeing . Are companies actually coming up with ways to use this emerging technology . Digital technology is growing 170 faster than other types of technology. And, within that right, Ai Patenting Activity is growing at 700 . And 20 of the 700 is generative Ai Patenting Activity. So were certainly seeing the ip data that a lot of the growth is coming from al and generative ai. And i think were beginning to see some of these applications. So, for example, we know that there has been an ai called gnome that has created millions of new materials, crystals that can be used for all kinds of applications. And i think these are early days yet. And i think, what i like to say about al is, that if any new technology, we probably overestimate its impact in the short run, but underestimate its impact in the long run. Lets take a look at some other news. In the uk, royal mail wants to keep its current 6 day delivery of first class letters between monday and saturday, under new proposals set out as part of a reform package. Parent company, � International Distribution services� , is under pressure to cut costs and has suggested second class letters should be delivered every other weekday. The government has previously opposed reducing the service. Inflation in europe fell to 2. 4 percent in march, according to the latest figures. That� s lower than expected. The drop has been led by smaller increases in food and goods prices. The ecb is under pressure to perhaps loosen its monetary policy. Experts predict a long awaited Interest Rate cut may come as early asjune. Around the world and across the uk. This is bbc news. You� re watching bbc news. And now for a story that� s doing well online the president of botswana, has threatened to send 20,000 elephants to germany, after the Environment Ministry in berlin suggested there should be stricter limits on the import of Trophy Hunting. The president , told the german newspaper, bild, that Conservation Efforts had led to an explosion in his country� s Elephant Population and that hunting was vital to keep them in check. Let� s speak to nicola white, Senior Wildlife Campaigns Manager at Humane Society international uk. Welcome to the programme. What is your reaction to this story . We welcome to the programme. What is your reaction to this story . Your reaction to this story . We are sympathetic. Your reaction to this story . We are sympathetic, obviously, your reaction to this story . We are sympathetic, obviously, with your reaction to this story . We are sympathetic, obviously, with the l sympathetic, obviously, with the thoughts of botswana officials and we do understand. However, Trophy Hunting is an extracted practice which is based on data which is not strictly accurate, it is very difficult to understand how much actually is beneficial to the communities, and it is a practice thatis communities, and it is a practice that is not supported by everybody. We did actually carry out a letter last year, which was signed by a number of Different Community leaders in africa, who are not in support of Trophy Hunting. It sounds ridiculous as support of Trophy Hunting. It sounds ridiculous as a support of Trophy Hunting. It sounds ridiculous as a headline, support of Trophy Hunting. It sounds ridiculous as a headline, the support of Trophy Hunting. It sounds ridiculous as a headline, the threat l ridiculous as a headline, the threat to send 20,000 elephants to germany, but the point the president is trying to make it as he thinks the germans simply do not understand the problems they are dealing with, a population that has grown, that causes damage and if you ban Trophy Hunting, he says he will impoverish his people. Do you understand some of the difficulties they are trying to juggle . Of the difficulties they are trying tojuggle . Irate of the difficulties they are trying to u ule . , of the difficulties they are trying to ule . ~. ,. , tojuggle . We do understand, but what we would tojuggle . We do understand, but what we would say tojuggle . We do understand, but what we would say is tojuggle . We do understand, but what we would say is there tojuggle . We do understand, but what we would say is there are i what we would say is there are humane alternatives such as immuno contraception projects for elephants which Humane Society international has funded for a long time now and can produce Scientific Evidence on the benefits of this. We also would say, especially in the uk, the uk public does support a ban on imports of Trophy Hunting, and we are not trying to tell botswana or any other african country or any country that carries out Trophy Hunting what to do. We are merely saying we do not want the imports to come here. fit, want the imports to come here. A quick one, i am puzzled why germany is the eu� s largest importer of African Elephant to traverse. Do you understand it . Any reference to the uk in terms of a ban. The ban is still not in, is it . It uk in terms of a ban. The ban is still not in, is it . Still not in, is it . It is not, we had the second still not in, is it . It is not, we had the second reading still not in, is it . It is not, we had the second reading of still not in, is it . It is not, wej had the second reading of the still not in, is it . It is not, we had the second reading of the bill which is going through the House Of Commons at the moment. We do understand that Trophy Hunting is something that some individuals, and it is a very small minority of individuals, like to do. It does seem to be something which they do because they want to bring a trophy home. But what we need to remember is that trophy is an animal, a sentience animal that has gone through suffering, eitherfear, through suffering, either fear, pain, through suffering, eitherfear, pain, in orderfor that trophy through suffering, eitherfear, pain, in order for that trophy to through suffering, eitherfear, pain, in orderfor that trophy to be brought home. It is an extracted practice we are targeting animals that are endangered, threatened, vulnerable and bring it trophies back to the country where the hunter lives. We believe this is a practice thatis lives. We believe this is a practice that is outdated. Irate lives. We believe this is a practice that is outdated. Lives. We believe this is a practice that is outdated. We have to leave it there, that is outdated. We have to leave it there. But that is outdated. We have to leave it there, but thank that is outdated. We have to leave it there, but thank you that is outdated. We have to leave it there, but thank you for that is outdated. We have to leave it there, but thank you forjoiningl it there, but thank you forjoining us live on the programme. American Actress Kirsten Dunst says her new film about a civil war in present day america is a warning about what could happen. The film called civil war features a president some have compared to donald trump. Its written and directed by alex garland, Who S Behind Dystopian Hits such as 28 days later. Charlotte gallagher has been talking to kirsten and alex about the film, as well as the hollywood gender pay gap. An america divided. Engulfed by civil war. Citizens of america. Led by a president who is refusing to leave the white house. Kirsten du