Corporate defaults hit highest rate since 2010

Companies across the world struggle to pay debts as the impact of higher interest rates starts to kick in, according to S&P. We look into the details. As US legislators discuss the future of TikTok in the country, we hear from a business that relies on the app to boost sales.And in Bangalore, also known as India's Silicon Valley, a severe water crisis is putting companies under stress. We hear more from our correspondent.