this is bbc news. our top story: senior russian and american officials are in talks over whether to lift some of president obama's sanctions against russia. russia is demanding the return of two of its diplomatic compounds in the us, which were seized over allegations that it interfered in the 2016 elections. the russian foreign minister has accused washington of "daylight robbery. just two weeks after north korea's intercontinental ballistic missile test, seoul has proposed military talks with pyonyang. and this video is trending on bbc.com. saudi arabia is investigating the woman who posted this footage of herself wearing a miniskirt and crop—top in public, defying the country's strict dress code. it's sparked a heated debate, with some saying she should be arrested, while others are praising her bravery. that's all from me for now. stay with bbc news. and the top story here in the uk. schools in england are to get an extra 1.3 billion pounds over the next two years but the money will come

from savings elsewhere in the education budget. some head—teachers have warned of staff cuts to make ends meet. labour's welcomed the extra money, but says it's not enough. now on bbc news, all the latest business news live from singapore. netflix beats expectations by adding more than 5 million new users, but what about the bottomline? and, grexit talks. the european union is asking for one thing, clarity. good morning, asia, hello, world. i'm glad you could join us. netflix beat wall street expectations after

adding over 5 million new users, mostly adding over 5 million new users, m ostly fro m adding over 5 million new users, mostly from overseas. it has been put down to including non— english netflix provisionals are alongside its western popular television shows. it's shares havejumped nearly 9%. our north american technology reporter told me why investors are so up the. this is typically not a great quarter for them, normally it is quite slow and they told investors as much. but we have seen a huge growth in users, particularly in the us. you mentioned overseas subscriber growth, but hearing the us, they over1 million new subscribers, much more than analysts had thought. they will be very pleased. it is a sign that their strategy of creating lots

of original shows does seem to be working. but they must keep on making those, and to keep them very popular, they are investing $6 billion in making original programmes over the next year. they need to keep up the quality to keep people coming to netflix, rather than any of the other video streaming services. 104 million subscribers now for netflix. have these subscriber numbers peaked, or are there still more on the way?” think we will see a saturation here in the us. many people think we have reached that already. it's‘s about international expansion. they are investing a lot into non—english programming. they are also investing in feature films, while they have the bench watching the side of television under wraps, they are looking at longerform television under wraps, they are looking at longer form films. they are working on about 40 films at the moment. i think that is where they

will see their future growth come from. but the competition is huge, especially from amazon, who are investing just as much in their original programming because they think they can muscle in on netflix. when you compare the amount of people watching netflix, subscribing, it is more than the number of people that subscribe to traditional cable television. that isa traditional cable television. that is a milestone i don't think we will see goal in the reverse direction. everything is heading towards this new industry of video streaming, right now, netflix was in front. but it may not be for the rest of time. rio tinto have aborted one of its primary areas of production. i nor, a major contributor to its earnings, matched last year's levels, but shipments were down by 6%. that has

followed a typhoon in the first quarter of the year. this resource a nalyst told quarter of the year. this resource analyst told me that there were no surprises that that would affect their upcoming earnings report.” and all was down about 2% on the same half last year. that is on the back of what we would call cyclones here, which affected magnets on their rail network. rail maintenance can be made up, but some of its kindly. we have now seen production for 2000 and 1714 and about 30 million tons. that is at the bottom end of the range they were forecasting. from an iron ore perspective, a fairly satisfactory result. copper was down about 21% at 209 million tons, that was primarily on the back of a strike. not such a

good result for cop. 12 weeks to go before the year ends, figures coming out in august. could we see some exceptional numbers? with the half—year result, the operational side will not impact significantly on their half—year result, financially. we do think that when you have a look at the commodity prices, that is where they are going to get significant leverage for their first half results. we are expecting some very good numbers. u nfortu nate, expecting some very good numbers. unfortunate, volumes will take a little bit away. pricing is going to be the reverse of what we have seen in many years. in other headlines, the trump administration has outlined calls for renegotiating the north american free trade agreement. getting access for american products to canada and mexico to improve the trade deficit. they are worried that too many americans have been hurt by closed

factories, exported jobs and what they call broken political promises. formal talks to renegotiate the deal are expected to begin next month. ministers from the eu and the uk have been getting down to business. wretched negotiations continue in brussels. the clock is ticking for the deadline in march 2019 for britain to leave the eu. several issues are on the agenda. number one, the rights of more than 3 million eu citizens, currently living in the uk, and about1 million living in the eu. —— 1 million living in the eu. —— 1 million britons. the british chancellor confirmed that britain would honour its‘s debt. and finally, how they will address the traffic of people across borders. so, a mixed bag. you can see hear

how that has affected the markets. i asked why this response has been so muted. investors don't really like uncertainty, so until we get a resolution, you always have this hanging over the market. the uk is an outstanding geopolitical issue. we still have the us and potentially, trade tax against the chinese. gdp was up yesterday, and the uk, eu and us markets shrunk back. we look at flows, there is still a somewhat negative sentiment towards china. that is correct. a lot of factors for investors to digestive. even though we had better than expected growth. what could really turn the tide in these brexit negotiations? perhaps some kind of

trade agreement. we saw a trade agreement in terms of the japanese, but that took years to be finalised. we need some agreements like that from an economic perspective to alleviate some of the tension and perceived stress. why are we seeing is doubt about the chinese economy, despite 6.9% growth?” is doubt about the chinese economy, despite 6.9% growth? i think it is concerned about the underlying debt situation. the people's congress is going to be important to the chinese. investors did not take the news positively. and liquidity access in china and hong kong? yes, it isa access in china and hong kong? yes, it is a wait—and—see approach. access in china and hong kong? yes, it is a wait-and-see approach. given all these landmines in the investment landscape, where do you

tell your investors to put their money? the chinese consumer, it makes a lot of sense, companies that can makes a lot of sense, companies that ca n a ccess makes a lot of sense, companies that can access strategies in china. chinese companies are becoming more innovative. some very good opportunities in that part of the market. uber is facing more trouble, they are halting business in macau as of saturday because of local regulations. it faced problems in taiwan earlier in the year, it suspended operations but resumed after setting up a partnership with after setting up a partnership with a local company. another recap of the markets. japan and australia are in negative territory because chinese markets are depressed. we will watch how that welfare when it opens in about 45 minutes. black

monday yesterday, nearly 500 shares suffered steep falls. the plunge came after regulators flagged an extended crackdown on the financial system. investors were rattled even though china had better than expected growth numbers, 6.9% in the april— june quarter. the rest of asia is currently in negative territory. having a look now at wall street. the nasdaq continues to break record highs for an eight consecutive session. thank you for investing your time with us. the top stories this hour. senior russian and us officials have been locked in talks, over whether to hand back two diplomatic compounds seized by the 0bama administration last year. just two weeks after north korea's intercontinental ballistic missile test, seoul has proposed military talks with pyonyang. all this year, hull is celebrating

being the uk city of culture, and to mark the event, nine places in the city are getting listed heritage status. among them, the humber bridge, built in 1981 — one of the largest and most spectacular bridges in the uk. 0ur arts correspondent colin paterson has more. for years, the longest single span bridge. it has a grade one listed m, bridge. it has a grade one listed in, a place of exceptional architectural and historic interest. it gives me great pleasure to declare this bridge open. beyond a comms 36 years after the official opening. the bridge cost more than £100 billion. at the other end of

the scale, something from the year the scale, something from the year the queen was born. this public convenience from 1926. these toilets on the waterfront have been chosen because they were designed to cater for both men and women, very rare at the time. most of the original fittings have survived. what are they like inside? it felt like a grade two listing, to be fair. impressive? they could do with a bit ofa impressive? they could do with a bit of a clean. i think it is marvellous. we have always been known as a place where only salesmen and relations go, and perhaps those other kind of people meet in to i lets. other kind of people meet in toilets. philip larkin's house has also been protected, the house where he wrote some of his most famous poems. walking around in the park should feel better than work. the lake, the sunshine, the grass to lie

on. in the hope is that hull's history will have an important role to play in its future. hull lost a lot of good buildings in the second world war. things are now on the up and up, people are more optimistic. the fact is that we are getting from the listed buildings and grade ones is marvellous. the bridge was only designed to have a lifespan of 120 yea rs, designed to have a lifespan of 120 years, but now, it's place in history is secured. don't forget you can get in touch with me on twitter — i'm @babitabbc. time now for all the sports news in sport today. hello, i'm marc edwards, and this is sport today, live from the bbc sport centre. coming up on this programme: reflecting on glory, federer talks about rising up

the rankings once again. russia take advantage and top group b, as they beat italy in their opening match at the european championship in the netherlands. and chris froome tells us why staying in yellow at the tour de france is harder than ever. hello, and thanks for joining us on sport today. roger federer is on the hunt for more records. the swiss beat marin cilic on sunday, to become the most successful man in wimbledon singles history, and claim a 19th grand slam title. speaking to our tennis correspondent russell fuller, the king of wimbledon said he always believed he could win at the all england club again, and the 35—year—old is now focussing on returning to the top of the world rankings. i think it is going to be... yes, three, four way race, or maybe a two way race