:00:15. > :00:19.Welcome back to BBC News. A summary of the main international stories:
:00:20. > :00:26.Andy Murray has won the US Open - the first British man to take a
:00:26. > :00:34.Grand Slam singles title in 76 years. He defeated the defending
:00:34. > :00:37.champion in five sets. In his first TV interview since
:00:37. > :00:40.becoming Spanish Prime Minister, Mariano Rajoy has said he will not
:00:40. > :00:45.accept an economic package from the EU which dictates specific spending
:00:45. > :00:48.cuts for his government, particularly on pensions.
:00:48. > :00:53.US officials say the deputy leader of Al-Qaeda in the Arabian
:00:53. > :00:57.Peninsula has been killed by an American airstrike. Said Ali al-
:00:57. > :01:01.Shihri was released from Guantanamo Bay five years ago but returned to
:01:01. > :01:05.militancy. In what is seen as the first free
:01:05. > :01:09.and fair election in Somalia in 40 years, the country has chosen a new
:01:09. > :01:12.president - Hassan Sheikh Mohamud. Members of the country's parliament
:01:12. > :01:15.chose the little-known academic over the incumbent. Those are the
:01:15. > :01:25.latest headlines from BBC World News. Now for the latest financial
:01:25. > :01:34.
:01:34. > :01:37.Welcome to World Business Report. Growing pains - China's Wen Jiabao
:01:37. > :01:42.gives a keynote speech on the economy amid increasing calls for
:01:42. > :01:52.fresh stimulus measures. Compensation culture under attack -
:01:52. > :02:03.
:02:03. > :02:11.Deutsche Bank outlines plans to cut The World Economic Forum airplanes
:02:11. > :02:17.in China and later. Chinese premier Wen Jiabao is making a keynote
:02:17. > :02:21.speech. At the weekend, the President warned there were
:02:21. > :02:28.challenges to economic growth. His comments were underlined by a
:02:28. > :02:33.bigger-than-expected trade data on Monday. -- below worse-than-
:02:33. > :02:37.expected. Tell us more about where he is
:02:37. > :02:47.expected to say later. We are not entirely sure on what he
:02:47. > :02:51.is going to say. Business leaders who do come to these foreign every
:02:51. > :02:56.year will listen much more closely than they would normally. China's
:02:56. > :03:02.economy has never been so weak. And a growth is expected to come in at
:03:02. > :03:07.7.5%. It might sound a strong buy it is close to the bare minimum
:03:07. > :03:11.that China needs to maintain social stability. How does the leadership
:03:11. > :03:17.plan to react? Will they be introducing a more stimulus
:03:17. > :03:21.measures? Many investors will be listening for that. Some hint to
:03:21. > :03:27.the future. One of China's leading economists
:03:27. > :03:35.has already been speaking. What did he says about white china is acts
:03:35. > :03:39.in the economic cycle? -- about China in the economic
:03:39. > :03:44.cycle? He says the reason the economy has
:03:44. > :03:48.slowed so much is not so much because of exports but because of a
:03:48. > :03:53.slowdown in property investments. So fewer houses are being built. It
:03:53. > :03:58.is a slowdown in fixed asset investment. He believes the next
:03:58. > :04:08.couple of years is the most crucial period for China's economic future.
:04:08. > :04:09.
:04:09. > :04:13.We will leave it there. Thank you. Let us look to one of Europe's
:04:13. > :04:19.biggest banks are expected to outline plans lay dead to award
:04:19. > :04:24.lower bonuses to its staff. Journey's Deutsche Bank will give
:04:24. > :04:33.details of 3 billion of cost saving. In July, the bank said it will
:04:33. > :04:37.address pay levels. Like it's a comic Twin Towers in Frankfurt,
:04:37. > :04:43.Deutsche Bank has between a chief executives. They believe sky-high
:04:43. > :04:48.bonuses cannot be sustained. In Jello, bare and nows and nearly
:04:48. > :04:52.2000 jobs will be shed worldwide, mostly in investment banking. It
:04:52. > :04:58.also said absolute pay levels will have to be addressed, suggesting
:04:58. > :05:05.that bonuses maybe cut. They have one of the biggest investment banks
:05:05. > :05:11.in the world. They have paid their staff lots of money, like Barclays.
:05:11. > :05:15.It will be a big statement for them to do that. Any move by bag could
:05:15. > :05:18.PM's action by a authorities to control pay. The European
:05:18. > :05:24.Parliament has already has suggestions that bonuses should be
:05:24. > :05:29.no date set -- greater than 100% of salary. Bank bonuses are not the
:05:29. > :05:39.only thing on the agenda. Its capital funding ratio looks rather
:05:39. > :05:40.
:05:40. > :05:45.thin. They will announce how they will recapitalise the Bank of. In
:05:45. > :05:51.the banking world, this is known as a lower return of equity. Banks no
:05:51. > :05:56.longer had the ability to make the cash they once did. Banks globally
:05:56. > :06:05.are finding it much harder to make profit, mainly because the volume
:06:05. > :06:10.of trading is down. And access to funding is much harder. A Deutsche
:06:10. > :06:20.Bank's biggest rival Barclays has already cut its target on return in
:06:20. > :06:22.
:06:22. > :06:25.equity. Today, Deutsche Bank is perfect -- expected to follow suit.
:06:25. > :06:32.The member provider Everything Everywhere is expected to announce
:06:32. > :06:38.deals which will see four or five devices available for consumers
:06:38. > :06:46.wanting to go to 4G in the UK. They denied other countries already have
:06:46. > :06:51.for J. What does it do and why is the UK said behind?
:06:51. > :06:56.Thank you for coming in. What is Everything Everywhere likely to
:06:56. > :07:02.announce later? From today, the company will get a green light to
:07:02. > :07:07.switch on its Forgie service. We should find out later what it will
:07:07. > :07:13.be branding with its position and the type of devices we can expect.
:07:13. > :07:17.And what it will mean for the consumers as we go into Christmas.
:07:18. > :07:26.For what she will be switched on. Does that mean it will be available
:07:26. > :07:30.for everyone? Is it that prevalence yet? It will be a gradual roll-out.
:07:30. > :07:34.Everything Everywhere has been investing millions of pounds and
:07:34. > :07:39.are upgrading infrastructure to make this possible. It will be
:07:39. > :07:44.gradual over the next couple of years. I would have thought there
:07:44. > :07:51.would be a good number of people who can get from day one. If I was
:07:51. > :07:57.to get this device, what can I do with that? You will see a real
:07:57. > :08:02.difference. Theoretically it could be ten times faster. One lodge,
:08:02. > :08:06.around five times faster. You can stream music on the go by without
:08:06. > :08:13.any problems of offering. You can download movies and send pictures a
:08:13. > :08:19.lot quicker. The real opportunity comes to people who are moving to
:08:19. > :08:26.more remote parts of the UK. Especially from a fixed-line
:08:26. > :08:32.provider. This could be a complete revolution. It can give them high-
:08:32. > :08:36.speed broadband access for the first time. What about price?
:08:36. > :08:42.will see a premium of what you expect to pay with your usual
:08:42. > :08:47.mobile contract. Pricing around the world, in other countries, the UK
:08:47. > :08:55.is quite later this party, has been a premium of what we expect.
:08:55. > :09:03.are we so late? We at an international player. London is an
:09:03. > :09:08.imp importance city. Countries like Angola's will be launching before
:09:08. > :09:13.the UK. There is a bit of a legal wrangling. Everything Everywhere
:09:13. > :09:21.had been given the green light to be slightly ahead of the others. We
:09:21. > :09:27.are finally getting the services. Thank you. More business stories.
:09:27. > :09:37.China has sent -- a show ships to a group of islands in the East China
:09:37. > :09:46.
:09:46. > :09:53.Sea. It follows China's agreements over a dispute. They are loans and
:09:53. > :09:59.near rich fishing grounds. -- the violence. Spain's Prime Minister
:09:59. > :10:04.says he will not accept a bail-out which will tell him what he can and
:10:04. > :10:07.cannot cut. He says he does not intend to cut pensions in the next
:10:07. > :10:13.Budget. He made the comments on public television on Monday.
:10:13. > :10:19.BP has confirmed there will be selling oil fields. The US company
:10:19. > :10:27.is paying $5.6 billion for the feels. BP has been selling assets
:10:27. > :10:33.to help pay for the damage caused by a massive oil fell in 2010.
:10:33. > :10:39.Markets in Asia, again, a mixed day. Most of them headed south once
:10:39. > :10:44.again. It is the same old concerns. We did not have many corporate
:10:44. > :10:50.stories driving share prices. It is all about the economic outlook. And
:10:50. > :10:54.the effect the eurozone debt crisis is having. The poor economic news
:10:54. > :11:04.from those economies still hampering trade. This is how things
:11:04. > :11:13.
:11:13. > :11:16.work late yesterday. That's it from Now for some more news from the UK
:11:16. > :11:20.- police have spent another day searching the home of a British
:11:20. > :11:24.family who were shot dead in the French Alps last week. A bomb
:11:24. > :11:30.disposal unit was called in but nothing hazardous was found.
:11:30. > :11:36.For a third day, searchers continued at the House. But still
:11:36. > :11:45.this was led by French affair it is. A brief but dramatic turn of events.
:11:45. > :11:51.-- French authorities. The media were moved back to a 100 metre
:11:51. > :11:55.radius. Then the arrival of a bomb disposal team. Police said the team
:11:55. > :11:59.had been brought in because of concerns about items found when the
:11:59. > :12:07.search was extended from the main house to outbuildings in the garden.
:12:07. > :12:11.As a precaution, a small number of people were told to leave. But the
:12:11. > :12:14.search turned up what police described as items that when on
:12:14. > :12:20.hazardous. The wider cordon was removed and residents were allowed
:12:20. > :12:24.back. There is no indication from the French authorities on whether
:12:24. > :12:29.this investigation is helping at the inquiry. But police say the
:12:29. > :12:36.word here is expected to continue for several days. In France, it is
:12:36. > :12:40.reported that only one gun was used to kill the family. They are the
:12:40. > :12:47.French posited a says he has not confirmed any details on the type
:12:47. > :12:50.or number of weapons used. French police have spoken briefly to the
:12:50. > :12:57.seven-year-old girl who has been bought out of a medically induced
:12:57. > :13:03.coma. At the family home, police had been
:13:03. > :13:13.bringing in more equipment. In the garden, a large tent has been put
:13:13. > :13:21.
:13:21. > :13:26.up to protect material that has You're watching BBC World News.
:13:26. > :13:33.These are the headlines: He has done it! Andy Murray has won the US
:13:33. > :13:38.Open, becoming the first Briton to take the men's singles title in 76
:13:38. > :13:42.years. It took him nearly five hours.
:13:42. > :13:47.It was one of the long list finals seen in the competition. He told
:13:47. > :13:53.the BBC it was a great result after the disappointment of Wimbledon.
:13:53. > :14:03.have come close a few times. The disappointment of the Wimbledon
:14:03. > :14:10.
:14:10. > :14:14.final a few months ago... To win this Open has been fantastic.
:14:14. > :14:18.Spain's Prime Minister has said he would not accept an economic
:14:18. > :14:23.package from the EU that dictates Pacific spending cuts did his
:14:23. > :14:27.government, especially when it comes to pensions. Is, comes just
:14:27. > :14:31.days after the ECB said it would buy the bonds of countries in
:14:31. > :14:36.economic difficulty as long as they accept stricter conditions.
:14:36. > :14:41.The deputy leader of Al-Qaeda has been killed it -- by an American
:14:41. > :14:46.air strike. Said al-Shihri was released from the US detention in
:14:46. > :14:51.Guantanamo Bay in 2007. He went through every debilitation process