Stuart Clarkson

One of the world's leading technology bosses has warned that AI share prices are probably a bubble and there'll be carnage if it bursts.

The chief executive of Cisco, Chuck Robbins, has told the BBC that while some companies won't survive, artificial intelligence will be bigger than the internet.

He's been speaking to the BBC's Faisal Islam.

Let's do the numbers now.

Shares were up 7% in early trading in Europe for ASML, the world's largest supplier of chips.

It's reported higher than expected Q4 bookings, totalling $15.8 billion.

And the South Korean chipmaker SK Hynix has announced a doubling of its operating profit in 2025.

up to a record high of $33 billion.

Meanwhile, the Swiss franc has set a fresh record against the euro this morning, and one US dollar is now worth just 0.76 francs.

Analysts say the franc's surge is down to the currency's reputation as a safe asset to hold.

Now, the UK Prime Minister Keir Starmer has arrived in China ahead of talks with President Xi Jinping on Thursday.

It's the first visit to Beijing by a British Prime Minister in eight years.

The BBC's Laura Bicker is there.

That's Laura Bicker reporting.

Mexico's President Claudia Scheinbaum says the country will continue showing solidarity with Cuba despite reports that Mexico's state oil producer Pemex had halted oil shipments to the island under pressure from President Trump.

After the US military arrested Venezuela's President Nicolás Maduro earlier this month, supplies of Venezuelan oil to Cuba have been severely restricted.

But the Mexican president says any decision to continue to supply oil to Cuba is for Mexico to take.

That's the Mexican President, Claudia Scheinbaum.

Let's take you to Saudi Arabia next, where the construction of a huge skyscraper in the capital Riyadh has been suspended.

It would have been 20 times the size of the Empire State Building, but now the future of the structure is unclear, with the building's financing and feasibility being reassessed.