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Time for a look at the Business News now with marc ashdown. Hello, this is World Business report, im marc ashdown. We start in the us, where the all important Inflation Data is just out. Prices inched up injuly, but less than expected. The Consumer Price index, a key inflation figure, rose 3. 2 compared to a year ago. It was running at 3 injune, so on the face of it, the pace of price rises has ticked up again. But the markets had expected a bigger increase, so could todays figure be good news . And could it be enough to persuade the Federal Reserve to leave Interest Rates unchanged next month...

Prevent capital from some investing in high tech sector investing in high tech sector in china such as Quantum Computing, Artificial Intelligence and advanced semiconductors. The goal is to stop the speed up of technology that could help china develop weapons for use against america in a military context. We put also require firms to make arrangements to report activities. Potentially laying the ground for more restrictions down the road. The regulations are not expected to take effect right away and there will be a period so businesses can weigh in on the proposal. China is the worlds second ...

Welcome to verified live, three hours of breaking stories, and checking out the truth behind them. We start with apocalyptic scenes in hawaii. Us soldiers have joined search and recovery efforts. At least 36 people are known to have died in wildfires others are still unaccounted for. Large parts of the tourist town of la highna on The Island Of Maui have been burned to the ground. This is what it looke like overnight when flames spread rapidly forcing some people to jump into the sea to escape. Multiple areas have been burnt to the ground and the western side of the island is almost cut off. O...

Of the wildfires. Officials said it is still difficult to determine the true extent of the damage on maui, and have warned the death toll may rise. Some of the people caught up players we just had the worst disaster i have ever seen. Its burnt to a crisp. Its like an apocalypse. Woke up this morning and got on our Phones Temperatures of our house down to the slab, nothing but smoke. The winds picked up, i everything flew away, our Apartment Complex is right above the aquatic centre. We thought we were 0k| but then the wind came, gas station blue up, everything caught fire by the brush and we h...

Limiting investment by American Companies in the chinese tech sector because of Serious National Security risks. It would require us firms to disclose investments in sensitive areas such as Artificial Intelligence and ban some investment altogether. Beijing has reacted angrily saying it is gravely concerned about the order. A spokesperson for the Chinese Embassy in washington says the curbs seriously undermine the interests of chinese and American Companies and investors. Republicans have said they do not go far enough. This is a new front in the tech war between two global superpowers, the re...