plus, ces, the world's biggest knowledge the fair is just getting under way. we are on the ground in vegas to tell you all about the latest trends. welcome to asia business report with me, mariko oi. we begin this morning with boeing because its shares have fallen by more than 8% on wall street. as it continues to reckon with the fallout from a midflight incident. boeing 737 max 9s operated by alaska airlines. as we told you on newsday, there are renewed questions about the safety of the plane and there's in order to grant dozens of aircrafts that remain in effect. the plane maker has now put out a statement promising to help airlines address any findings that result from the inspections. erin delmore has

more from new york. after a panel blew off a boeing 737 max 9s jet operated by alaska airlines midflight on friday, the faa grounded more than 170 other max 9s. upon inspection, united airlines down problems with more doors, loose bolts on at least five panels in otherjets of that model, the news was reported by publication aircurrent. united stated in a statement that the company found instances that appear to relate insulation issues in the door plug, for example, bold they needed additional tightening. that is on saturday when inspections began. the company also said that these findings will be remedied by our tech ops team to safely return the aircraft to service. boeing shares fell 8% on monday and the incident returned scrutiny to the company after the 2019 grounding of 737 max jets. united and alaska airlines are the two largest operators of the model that's been grounded. inspections could result in cancelled flights for days. let's go to las vegas.

where the world's biggest technology fair, ces, is getting started. it's expected around 130,000 visitors and not surprisingly, the theme is around artificial intelligence. michelle fleury is there and she told me many of the products that will be unveiled are powered by ai. the buzzword this past year has been ai and unsurprisingly, here in las vegas at the consumer electronic, it's once again the hot topic, you can see running through pretty much every single product you can imagine it in, it's going to be. i was looking at one piece earlier and it was a ring that is a combination of a fitness tracker but also a health coach, all powered by ai going through, combing through the data that is collected to make sense of it for users. that's the useful end things, if you like, but we will see people try and jam it into everything because generative ai has been transformative so that's one of the things

to look for and the question really, from the business community's perspective, is what does it mean going forward 7 what's it going to look like in a decade from now? how much of the technology that we see this week is actually going to be in existence ten years from now? of course, it's a great place to interview some really hot tech entrepreneurs, isn't it? who are you hoping to speak to without alerting the competition? i mean, on the fun side of things, you mentioned cars, this is the place where, for years and years, carmakers came to show their wares and cars that are increasingly computers on wheels. i don't think we will see so much autonomous stuff, it will be in some way a dialling back and focus on electronic vehicles, because that's where the consumer market is right out. but that being said, i am hoping to take a look at a flying taxi or flying car so we will see, they may not be someone that's coming to the street anytime soon but it

should be fun to have a look at. michelle will be bringing you all the news from ces over the next couple of days so stay tuned. let's stay with take because apple has started making payments to millions of people as part of a long—running lawsuit over whether it deliberately slowed down the speed of some iphones in america. each claimant will be receiving around 90 us dollars which is a share of the almost $500 million settlement. a similar case is now under way in the uk, seeking more than £1.5 billion in compensation. our technology editor has more. nearly a decade ago, the iphone 6 and 7 launched to great fanfare but in 2017, apple confirmed that a software update made some of models work more slowly, the firm said it was to prolong the life as a battery aged but it hadn't told customers. a group of people affected by the slowed down phones took legal action in the us and today, apple has settled the case. the tech giant will pay

out half $1 billion, that's around £70 per claimant, it's small change to the world's richest tech firm and it's not admitting liability. this is similar class action going on here in the uk lead byjustin gutman but progress is slow. it's all grist to my mill, it doesn't help in terms of moving my case forward dramatically, i'm very pleased for the consumers in the us who are now able to make a claim. how does it feel to be taking on a big beast like apple? so, it's daunting in that respect but the case is a good case and there are so many million people involved, i'm enthusiastic about this, you have to be otherwise you would never start. here in the uk, consumers will have to wait and see if they get the similar pay—out. all batteries loose power over time, apple says the iphone power is good for 500 charges, that's going from zero to 100%.

a 50% charge is half a cycle. there are power saving tips like dimming the scream and limiting app functions but ultimately, our need for longer lasting and more powerful batteries is a challenge for all the tech firms. apple said it had no statement for us, it's previously said it would never intentionally shorten the life of products. here in asia, the tech giant samsung electronics says its operating profit in the fourth quarter is estimated to have fallen by more than a third from a year ago. tojust over $2 million. the tech giant's projections is much worse than what analysts had expected and it comes amid weak global demand for consumer electronics. now, it's going to be a busy election year in many parts of asia, where we have taiwan polling day on saturday and next month, indonesia and then around april, india. let's hear from our reporters. this presidential

election in taiwan is being fought over one issue — and that is what sort of relationship taiwan should have with china, notjust politically but economically. the opposition kmt, their candidate says taiwan needs much better relations with china and they are party to achieve that, over the last two and three years, taiwan's exports to china have fallen by more than a quarter and a massive drag on the economy here. but the kmt says, we can rebuild relations with beijing and in that way, exports will start to grow again and that will help to boost economic development here, economic growth but wages and job prospects. the ruling tpp, which has been in power here for the last eight years is exactly the opposite. it says it's overdependence on china's economy that is the problem that allows beijing to use that dependence as a weapon

of a pressure on taiwan, that is exactly what beijing has been doing, they say, over the last two years, sanctioning different taiwanese countries and businesspeople. they want to see taiwan companies diversified to other countries, to south east asia and newmarkets in india and africa. the unemployment rate of southeast asia's largest economy currently sits at 5.3% and those between the ages of 15 and 2a make up nearly a fifth of those unemployed. in a country of over 275 million people, that's millions of young people struggle to find jobs. all three potential candidates promiese to create newjobs if elected each in a different way. the first one says losing small and medium enterprises which contribute 61% of the country's gdp will create 19 millionjobs. meanwhile, the second candidate is focusing on providing funds to young people to start businesses.

and lastly, the third says he would allocate a large sum of state budget for small enterprises. in india, prime minister modhi finds himself in a sweet spot as we go into an election year. the stock market right there behind me has been soaring to new highs. india's gdp galloping ahead of most other major economies in the world, inflation has begun to edge down and interest rates are expected to also start coming down in the next few months but there are persistent concerns that remain on things like unemployment or the fact that welfare spending and spending on things such as education and healthcare by the government hasn't really paid off. the bjp is to be in a much better position and a fragmented opposition. before we go, one of the most iconic

partnerships and the world of sports is coming to an end. tiger woods has parted ways with nike, he announced the move in a social media post. he had been a brand rep since 1996, that's when as a 20—year—old, he signed a five year, $40 million contract. it was the beginning of one of the most lucrative endorsement deals in all sports history. nike also confirmed that the ending of the partnership with its own social media post. it shows tiger woods flashing his trademark fist pump. that is it.

pete piece of land covers 35 hectares and we are proposing to build over 400 floodplains on it. the water levels are seeping up. 0nto this land, which would be a disaster to build on. i which would be a disaster to build on. ~' ., which would be a disaster to build on. ~ ., ., ~ build on. i think would make the flooding _ build on. i think would make the flooding issue _ build on. i think would make the flooding issue worse - the flooding issue worse because they are going to concrete over what is now wetland which can drain through whereas houses does not drain through run of.— through run of. you can see today it _ through run of. you can see today it is — through run of. you can see today it is completely - today it is completely underwater i don't know how they— underwater i don't know how they would propose to build pathways. presumably they would -et pathways. presumably they would get washed away on an annual basis — get washed away on an annual basis. , . ~ get washed away on an annual basis. , . . ., basis. gladwin declined an interview _ basis. gladwin declined an interview but _ basis. gladwin declined an interview but said - basis. gladwin declined an interview but said the - basis. gladwin declined an - interview but said the planning application follows a year of consultation. and there will be measures to manage surface water and increase blood

resilience. welcome to the catch up. levi jouavel. tonight, apple phones go slow, the golden globes, and wake boarding in the floods. but first, idris elba says the government needs to immediately ban the sale of so—called zombie knives and machetes to reduce the number of young people losing their lives. he told the bbc a planned change to the law which was introduced needs to be fast—tracked. i'm a parent and i really think our country is a boiling point, we sensitive to this topic, we all feel the pain when we see it on the news but there's very little done and that reverberates into actual action. the government said it remains committed to further

intervention measures but it's not clear when the new law will come into force. if you've been affected by knife crime, visit bbc action line. some other stories now, an itv drama has got loads more people interested in the scandal but hundreds of local post office managers gaining criminal convictions because of faulty software. today, the pm said he will do everything he can to make it right. next, apple has begun making payments over claims it deliberately slowed down certain iphones in the us. it comes after a court case resulted in a $500 million settlement. and at the golden globes on sunday, 0ppenheimer was the big winner, taking home five awards. tv drama succession won big on the small screen. time now for a ten—seconds of wake boarding, this man in berkshire wakeboarded through floodwater after recent heavy rainfall caused river levels to rise in his area.

you're all caught up, bye for now.

hello and welcome to sportsday, i'mjane dougall. two legends of the sporting world pass away. football icon franz beckenbauer, one of only three men to win the world cup as a player and a manager, has died at the age of 78. and rugby giantjpr williams has also passed away. the revered full back won three grand slam titles with his beloved wales. he has died at the age of 74. in the fa cup on monday, relief for eric ten hag as manchester united defeat wigan to go through to the fourth round, following a controversial bruno fernandez penalty. and an historic moment at the snooker with only a fourth ever 147 at the masters, but it wasn't enough for ding to defeat 0'sullivan.