this is business briefing. fixing the planet — world leader's gather in bonn to try to stitch together the climate accord after donald trump's pledge to pull the us out of the paris agreement. japan's economy growing faster than expected. a third quarter points to strong exports as the country posts the longest period of uninterrupted growth in more than a decade. and on the markets, a bit of slippage on the hang seng as hong kong follows wall street with a bit of a sell—off. that's a picture across asia, as investors just cash in on the recent rallies. all ordinaries down 0.3% and completing our red sea — the dow dropping a little — that's partly on continuing uncertainties over the tax reform proposals of president trump. will they get through the senate? world leaders meet in bonn today

for the first big international environmental meeting since donald trump pledged to pull the us out of the paris climate agreement. projections for 2017 suggest levels of carbon dioxide will actually rise for the first time in four years, with the big global economies having a major impact. the main cause for the rise in co2 emissions is the increased use of coal in china as its economy grows. in the us increased use of renewables means emissions are on the way down but not as quickly as hoped. europe is also seeing a reduction in carbon dioxide but again only by around 0.2%. in bonn, patricia espinosa, executive secretary of the united nations framework convention on climate change, expanded on china's role. china is one of the most important

partners in this process and the world really recognises the role that china is playing in finding innovative solution to the problem. china itself is facing problems common to so china itself is facing problems common to so many china itself is facing problems common to so many countries. with me is tom burke, chairman of esg, third generation environmentalism it does feel as though we have got into a sort of a period of lull in terms of momentum. how did turn that around? terms of momentum. how did turn that around 7 what terms of momentum. how did turn that around? what matters in terms of omission is whether it is a bleak or a change in the trajectory. it was heading in the right path because it has levelled now... peaking now

rather than 2020. the waning is at the moment from organisations are pointing the other way. are we at a pointing the other way. are we at a point where political wheel is the most important thing all business will? there is a clear shift in terms of renewables. that is absolutely right. what we saw when it trump pulled out of the climate agreement, the very same day, whistle blackrock publicly vote against exxon board for not having done enough on climate. the investment community is really beginning to get a sense about the risk of the kind of events we are seeing and what it will do the business and on the other side we are seeing a massive increase in renewa bles are seeing a massive increase in renewables by opportunity seekers. people simply saying, the world has made its mind up, they want the

peace of the action. certainly, within europe, established economies working out the best thing to do but if we reflect back on china, on india, where there is still so much growth still to come and they need power now, they will carry on using coal and not necessarily the clea nest coal and not necessarily the cleanest coal. what we have seen, very interestingly, in china, it started to cut back on coal power station programmes. it is cutting emissions. there has been a bit of an increase in this year because of an increase in this year because of a lost hydro power but it is by far and away the most in investing in renewa bles and away the most in investing in renewables and looking to see that asa renewables and looking to see that as a massive opportunity for exports going forward. in india, a similar thing. growth in coal usage slowed

down more than expected. big interest in renewables, and that is the fastest way to get electricity to the poorest. that is the view of an optimist. thank you very much. how do you run the stunning flying displays at one of the world's top air shows? it all depends on tracking the manoeuvres of every plant and thing their flights to the split second. the bbc gained exclusive access behind the scenes at the dubai air show. here's jeremy howell we have the clearance to tax. two hours before the display starts, the pilots are briefed on rules and emergency procedures and the weather. strong winds are expected from the desert. inside, the control tower, officers from dubai and aviation services. the emirates air

force display team is first. every manoeuvre is tracked by i and on paper. there are 19 displays in this three—hour session. the airshow‘s reputation relies on displays being seamless. it is time down to the last second. but every so we have an agreement between the pilot and control tower about how they will fly, control tower about how they will fly, what they will do, what speed, the complete flight plan and what we do in the control tower is mark their discipline. if they are not doing what they said they would they are stopped. the last plan is completing its flight. it is the end of the day for a traffic controllers until tomorrow at another 20 flights. japan's economy continues its slow march to stability, if not outright strength. data out this morning shows the world's third—largest economy

posting yet another quarter of gains. let's go to professor seijiro takeshita at the university of shizuoka in japan.. good to see you and thanks for joining you. we should not be too surprised, it is quite a trend now? very much so but unfortunate, in spite of a sparkling performance, especially by the japanese companies, it really has not trickled down to individuals and thatis trickled down to individuals and that is why it were feeling it is a recovery but no one is feeling it. there has to be a point where they do start to benefit and it is seven quarters in a row. 70% year on year growth and record profits but during this rally, the actual income has only risen by 3% which basically

means of the japanese consumer will remain very conservative due to the fa ct remain very conservative due to the fact that operation are conservative about their risk—taking capabilities. still nothing happening dramatically nonetheless would you expect this trend to continue? if global growth is good, presumably this is where this growth is coming from? absolutely. i think it will continue as long as the prerequisite are stable which is the us economy. we will have special demand kicking in for the olympics. until then, we will be fairly fine. good point about the olympics. that will spark them into life. now let's brief you some other business stories... the venezuelan government says it has begun repaying interest on its foreign debt after two major credit ratings agencies said the country had partially defaulted. in a televised address, the communications minister jorge rodriguez also said the government is renegotiating

all of its foreign debt. airbus is selling to indigo partners saying the deal could be unveiled at the dubai airshow later on wednesday in what would be a huge comeback for the european. and now what's trending in the business news this morning... wall streetjournal: us exchanges are calling for a last—minute delay to a vast database of trading information that regulators have touted as a defense against episodes like the may 2010 "flash crash." financial times looks at oil as prices drop in asia trade after bullish iea comments on us output. and bloomberg reports that peter thiel, the venture capitalist

who backed donald trump's presidential run, gave $300,000 to a political campaign ofjosh hawley, the missouri attorney general who opened an antitrust investigation into google this week. you have seen all the figures. it is down everywhere, largely a reflection of asia following the united states as there is a lot of cashing in after the amount of games we have seen. just to finish on the dow,... we have seen. just to finish on the dow, . .. that's it we have seen. just to finish on the dow,... that's it for now. much more should be done to reduce the quantity of food

wasted every year. campaigners say it's a problem that costs up to £17 billion a year and many say consumers as well as farmers have a major role to play. our correspondent jeremy cooke explains. kate is a self—confessed foodie and took part in a scheme to reduce waste and now puts 20% less food in the bin. but how? well, she measures ingredient so there is no waste keeps the fridge at optimum temperature, users diy vacuum packages for long—term storage in the freezer. and keeps leftovers. but what happens if you store food heads for the bin? how about a community fridge? it is a simple idea, food that is still good is donated and given the free to anyone

who wants it. this one is one of two operating but the plan is to have 50 up operating but the plan is to have 50 up and running by the end of the year. good news of the people like lisi. if all this is going in the beams, it is a wastage is beersheva those that do not have enough money. producing food is a major investment and reducing waste will take a huge shift in attitude in our throwaway society. a letter has been delivered to downing street calling for more "adequate" funding for schools in england. it's been signed by headteachers from more than five thousand schools who say they're increasingly having to rely on donations from parents. coming up at six o'clock on breakfast, will have all the day's news, business and sport. and more on the supreme court's ruling on a challenge against plans to use minimum pricing for alcohol to improve public health in scotland. this is the briefing from bbc news.

the latest headlines: loud explosions and gunfire have been heard in the zimbabwean capital. military officers deny they're staging a coup and say president mugabe and his family are safe. the un has warned that the catastrophic humanitarian crisis in yemen is worsening — and that unless aid is let in — millions more lives will be at risk. extreme hunger and disease are already killing an estimated 130 children a day. world leaders are meeting in bonn to try to stitch together the climate accord after donald trump's pledge to pull the us out of the paris agreement. now it is time look at the stories that are making the headlines in media across the world.

we begin with australia's public broadcaster, the abc website and the news that over 60% of australians voted in favour of same—sex marriage. prime minister malcolm turnbull sad the government will aim to change the existing law before christmas. next we turn to the guardian which leads with uk prime minister theresa may who in a speech claimed moscow had meddled in uk elections and had carried out cyber espionage. the independent looks at comments made by billionaire businessman and former new york city mayor, michael bloomberg who says the uk's departure from the eu would likely slow down london's economic growth but said the capital would "be the financial centre of europe for the foreseeable future". meanwhile the guardian has a more ominous take on brexit‘s impact on london reporting european cities paris are hoping

to cash in on brexit, by attracting up to ten thousands jobs to the french capital. and finally buzzfeed covers the uproar among young people online reacting to comments by a uk estate agent who said millennial couples priced off the housing ladder could save enough for a deposit in five years by giving up "luxuries" such as buying sandwiches, upgrading their phones or going on overseas mini—breaks. with me is lawrence gosling who's editor—in—chief of investment week. we are straight onto the story that