this is business live from bbc news with ben thompson and sally bundock. not making many friends — facebook boss mark zuckerberg gets ready for a grilling from us senators over his firm's privacy scandal. live from london, that's our top story on tuesday, 10th april. the status update he didn't want. mark zuckerberg is up in front of congress later. he will say they did not do enough to prevent harm after the date of 87 million people was improperly shares. —— the data of 87

million people was improperly shared. also in the programme... president xi pledges new steps to open his markets to global trade. will this be enough to ease tensions with washington? a strong start in germany on the markets. we will explain why. and taking the big screen to saudi. the boss of vue cinemas is here to tell us why the opening up of saudi arabia's economy means new opportunities, as it prepares to open 30 cinemas in the kingdom where previously they were banned. and on the day mark zuckerberg gives evidence over the massive data breach, what could he say to convince you that your data is safe? let us know. just use #bbcbizlive. do get in touch with your facebook comments. the boss of the world's biggest social media site, facebook, will testify to us senators later in washington over privacy concerns and the protection of users‘ data. mark zuckerberg has admitted in his prepared testimony,

"we didn't do enough to prevent these tools from being used for harm." facebook believes the data of up to 87 million people was improperly shared with the political consultancy firm, cambridge analytica. last month, former cambridge analytica employee christopher wylie revealed the data was obtained after hundreds of thousands of people did a quiz on facebook in 2014. but the quiz didn'tjust collect information from those who did it but also their facebook friends. he claims the details were sold to cambridge analytica which used them to profile voters ahead of the us presidential election. it's opened a huge debate about privacy and the ownership of personal data. with me is catherine miller, director of policy at doteveryone, a think tank which champions responsible technology. let us talk about what we might

expect mark zuckerberg to say today, a big day for him, he has to convince powerful people he is doing things right, what do you want to hear from things right, what do you want to hearfrom him? things right, what do you want to hear from him? it is a really exciting day because it is a moment where you see the power of great platform companies coming face—to—face with the democratic institutions which run the country and what i would like to see is mark zuckerberg acknowledging, essentially, democratic institutions ta ke essentially, democratic institutions take precedence over the platforms. ido take precedence over the platforms. i do not think that will happen. what you will see, what we have seen on the testimony he has released, another apology, another sense of, hands up, we got something wrong, and a lot of talk about the steps they are taken and the moves they are making, but as far as i'm concerned, the problem is they are all chosen by facebook, this is transparency that they have chosen to show and accountability needs

someone to show and accountability needs someone is setting the rules of what you travel. you are saying it is not about self—regulation, it needs to be external regulation? -- of what you tell. absolutely. facebook has been caught out with the scandal, it has taken reactive moves to address what has been uncovered by the scandal, but that is too far behind the curve and it is only dealing with the things facebook has chosen to deal with. there is a point, with the things facebook has chosen to dealwith. there is a point, we hand over the data willingly, we sign up, put our information there, we do not in many cases bothered to read the small print, how much responsibility should we bear? doteveryone has recently done research in the uk under —— and their understanding of issues, 82% of people would like terms and conditions to be made clearer, 9i% of people say it is important to them to know how much they share

their data, but half of them do not know how to get the information about that, and what is building up is cynicism, so almost half the people say, i signed up to terms and conditions and i do not think it matters whether i read them because i think companies will do what they wa nt i think companies will do what they want anyway. yes, we have signed up to these, but there is an obligation on the companies to make these things understandable and to make clear what trade—offs are involved so we can clear what trade—offs are involved so we can make informed choices. looking at wall street, a lot of nervousness when it comes to technology stocks, they fear the tighter regulation could disturb the business model, could you have a viable facebook that is subject to such titles that it can still do what it wants to do? absolutely. i would certainly never argue we want to get rid of facebook, it is an incredible resource, built into the infrastructure of many people's lives, what we would like is a good facebook and making it

understandable what happens to your data, what exactly is the trade—off? how do they make money? playing that out, people can make a choice. people with the right explanation and transparency around this, they would still choose to use a good facebook. really interesting to talk to you, thank you for explaining that, we will watch and wait to find out what mark zuckerberg has to say. catherine miller, director of policy at doteveryone, thank you. let's take a look at some of the other stories making the news... the us is heading for an annual budget deficit of more than $1 trillion by 2020, following tax cuts and higher public spending. that's according to the congressional budget office. it said that while the measures will temporarily boost the us economy, they will exacerbate its long—term debt. german drugs—maker bayer has reached a deal with the us justice department for approval for its $62.5 billion bid to acquire biotech giant monsanto.

that's according to the wall streetjournal. it comes after bayer agreed to sell off additional assets to alleviate anti—trust concerns. the companies say the tie—up would boost agriculture research and innovation. lufthansa says it's cancelling 800 flights on tuesday as the spring of discontent among europe's workers spreads to germany. around 90,000 passengers will be affected. workers are staging the walk—out ahead of pay talks, following similar action in france. a big day for the chinese president. he was addressing the boao forum and he warned against a cold war mentality as he vowed to open up parts of the country's economy. his speech at the boao forum for asia — often referred to as asia's davos — appears to be an attempt to calm a trade row with the us. first, robin brant is in shanghai with more. quite interesting, the markets, they

surged to a degree afterwards in asia, after his speech. yeah, very positive in trading today and they like what president xi had to say, a particular significance was his repetition of the pledged to cut import tariffs on automobiles coming into china from the us and other countries and also a pledge to open up countries and also a pledge to open up china further to foreign investors, and in particular, again, in the automobile sector, make it easierfor american in the automobile sector, make it easier for american firms, say, in the automobile sector, make it easierfor american firms, say, who wa nt to easierfor american firms, say, who want to come and invest, the loosening up on the rules on the requirement at the moment to have a joint fletcher, 50—50 split, with chinese companies. those issues are and the current dispute between the us and china. president xi addressing them was not new, but it

is significant he came from —— it came from his mouth. no timings. cuts to tariffs on some of the products this year, he said, but no timings on the changes and the extent to which they will be enacted as well. thank you. very interesting. that had an impact on share markets in asia. they pretty volatile session on wall street the night before. closing higher. the european markets right now... big move in germany is to wind, the us authorities have approved the merger with monsanto. bayer shares up quite strongly today in germany. in france, record high at 5%, they posted better—than—expected sales numbers, the luxury goods maker doing rather well. in london, all the markets across the board in europe boosted by president xi's speech. and kim gittleson has the details about what's ahead on wall street today. along with everybody else,

investors will be keeping a close eye on what happens in washington. recent weeks have seen significant volatility in technology shares, particularly in the so—called fang stocks — that's facebook, amazon, netflix and google. one thing leading to these big market moves — the possibility that lawmakers in both the us and elsewhere will implement new regulations regarding what technology firms can do with user data. that could threaten notjust facebook but the business model of companies like google, netflix and twitter, to name just a few. already analysts at the bank of america have warned that the tech sector could be headed to what they call a regulatory driven collapse. worrying words from new york. joining us is jane foley, senior currency strategist at rabobank. let us pick up on that theme because lots of cold war mentality when it comes to trade war and there are no winners, really, are there? that is

what most economists would say, but it is not necessarily what trump thinks, he thinks the us has everything to gain, it is a fascinating subject, china, the us, the biggest players here, but we have some movements over the last month, president trump... the us, selling more us cars to south korea. quite interesting. the cost ox did really well after his speech in tokyo, big car—makers, edging higher —— burqa stocks. this news from the congressional budget office that the us budget deficit will blast through $1 trillion by 2020. a bit of a worry. it is a significant concern. a couple of aspects to this, going back last year to the congressional budget office projections, they said because of the ageing demographic,

the budget deficit would worsen anyway, but now we have had the us tax cuts and these will worsen the outlook for the budget deficit and therefore the debt over the medium term. will people be concerned about that now? all the companies have money to spend, with the tax cuts, they are hiring, expanding, all about the short—term good news story. it is, but a lot of the forecast from the congressional budget office and those of economists are looking at the budget deficit as a percentage of gdp, so they are folding the growth forecast into the projections, and what many economists think is the tax cuts will raise growth but not as much as it was hoped it would do. watch this space. for now, thank you. we will see you a little later. still to come... taking the big screen to saudi. cinemas were banned in the gulf kingdom, but with the opening up of its economy, its opening up new opportunities for business. the boss of vue is here to tell us how. you're with business live from bbc news.

the supermarket chain iceland has announced it will stop using palm oil in its own—brand products by the end of 2018. products likely to be affected include biscuits and soap. the frozen—food specialist says it was alerted to the threats of palm oil on wildlife by the environmental campaign group greenpeace. we're nowjoined by richard walker, the managing director of iceland foods. richard, you are the first to do this, just talk us through what this means for you in terms of logistics? yeah, this has been a process that we have been working on for about 18 months. when we started, we were told it could not be done because the world is built around palm oil, but we have worked tirelessly with chefs and with supplies and we have

managed and we are on track to do it. by the end of this year, we will be out completely from our own label products of palm oil, up to about 1150 products. products of palm oil, up to about 450 products. a great headline and most people do want to buy a thickly, they care about what is in the food they buy, —— ethically. the costs, what about the cost? it will costs, what about the cost? it will cost us because costs, what about the cost? it will cost us because we costs, what about the cost? it will cost us because we will not pass on a single penny to our consumers. this is something we will swallow ourselves because we are a private british business and we think it is the right thing to do. we are happy to do it. but will others follow suit? will other retailers follow suit? will other retailers follow suit or will you just be making less profit than them ? suit or will you just be making less profit than them? look, i think it isa profit than them? look, i think it is a situation for other retailers. i made that ethical decision having been to borneo and seen the mat deforestation first—hand, 146

football pitches every hour —— the mass deforestation. i do not want iceland products to contain pommel until such time as zero deforestation. we have to leave it there. interesting story. the managing director of iceland foods. if you want to hear more about that on the logistics, more on the bbc website. including more on the iceland story. after being made aware of some of the environmental impacts of palm oil in food and other products from the environmental group greenpeace, on the bbc news website. you're watching business live. our top story today: this is the day the boss of

facebook, mark zuckerberg, will be facing some very tough questions in the us. he will testify to us senators later in washington over privacy concerns and the protection of users' data. we will keep you up—to—date with that across the bbc. in fact, why don't we share a few tweets? kenneth says, frankly very little can be done, he can see very little, when it comes to what he can say to us to ensure our data is being used responsibly. kenneth says very little, because the horse has bolted but the thing would be to sever any access to companies that can access data on facebook. and another one. corrective measures are called for. wall street is not liking the idea of external regulation. watch from indiana, good morning. he says he needs to talk about news policies data transfer to e—mails —— new user policies. we will be a cross that

when he starts to give his evidence. now for something a little different. when saudi arabia said it would lifted its 35—year long ban on commercial cinemas, it opened up a new world for people citizens in the deeply conservative muslim kingdom, where segregation by gender is common in most other public places. the saudi government plans to open more than 300 cinema sites with more than 2,000 screens by 2030. it hopes this new industry could contribute more than 90 billion riyals — or $24 billion — to the saudi economy, creating 30,000 jobs over a decade. a few international players are vying for a slice of this market, such as amc entertainment. another is vue international. it plans to launch 30 cinema multiplexes there, in partnership with a local entertainment company. vue is now the sixth largest global operator, with 212 multiplex cinemas, more than 8,500 staff and some 85 million customers a year. a lot of big numbers! with us is tim richards,

chief executive and founder of vue cinemas. tim, you told me earlier you started this ina tim, you told me earlier you started this in a garage. it seems to be a rite of passage with these companies? i didn't plan it that way... laughter a big screen in your garage? we had nothing, 20 years ago. tell us about this move into saudi arabia. nothing, 20 years ago. tell us about this move into saudi arabialj nothing, 20 years ago. tell us about this move into saudi arabia. i have been opening markets around the world for almost 30 years now and have never seen opportunity like this. there has not been a cinema in saudi arabia since 1982. there has not been a legally shown movie in saudi arabia since 1982, so this is an opportunity to go in with a clean slate and build something really special, one of those unique opportunities. we signed up with a very well—known and highly respected group in saudi arabia and we are planning on opening up at least 30 cinemas in the next three years in

the kingdom. underline how significant this is, because many people will think, it is a cinema in a city. but this is a fundamental change for saudi arabia. when i was there, it is surprising how little integration there is, not only with the general public anyway in terms of public entertainment, but gender mixing is pretty unheard of. of public entertainment, but gender mixing is pretty unheard ofm of public entertainment, but gender mixing is pretty unheard of. it is, but cinemas are a big part of society. i still get letters from local councils across the uk, pleading for us to bring in a cinema. it is a safe harbour, safe haven, for young people to go, a great place for families to be entertained, and it also is a big employer, and that is something we will be bringing to the kingdom. it is bringing entertainment to the kingdom for the first time in a long time. how did you broker this deal, though? how did you make this happen? and what has the reception there be light? you met the crown

prince in london, and elsewhere as well. —— what has the reception been like? you say he is an impressive young leader but what about the rest of the leadership there? it all started with his 20 30th conference in october in riyadh, which is where he laid out his vision about diversifying away from the oil—based economy and a large part of that is entertainment. he wants to see entertainment. he wants to see entertainment come in. he knows that saudis have stories, stories to be told on film, and that is also where isee... told on film, and that is also where i see... you know, told on film, and that is also where isee... you know, iam told on film, and that is also where i see... you know, i am a governor of the bfi and i see a big role for the bfi and creative industries coming in to develop that market. let's talk about censorship. having spent three years in the middle east, i know you can't watch a film all the way through because inevitably some bits will be cut out for various reasons. these films could be about an hour in length by the time they have been censored in

some markets, are you worried?” some markets, are you worried?|j have seen it before. laughter irana laughter iran a circuit in laughter i ran a circuit in egypt laughter iran a circuit in egypt in the name thes and you are spot on. i remember one particularjames bond movie that was 55 minutes long and because of the opening scene, with the nude silhouettes, it instantly jumped right into the movie, but it is developing. yes, there will be an element of censorship in the early days, but that is not something that will be there forever. just tell us about what you have experience there, in terms of how you are seeing saudi arabia really change? it is just so noticeable, isn't it? since i first started going in in 0ctober, since i first started going in in october, and now april, you can feel it, the sense of optimism and excitement. even the conference in 0ctober fell a little bit like history in the making. i think when you have 70% of the population under

30 right now, there is a sense of optimism and excitement that i sense probably wasn't there before. tim, thank you for coming in and explaining that, we could talk so much more about running out of time. you're opening the first one at the end of the year? we have four site identified and ready to go and hope to get at least one open this year. thank you. in a moment we'll take a look through the business pages, but first here is a quick reminder of how to get in touch with us. stay up—to—date with all the day's business news, as it happens, on the bbc‘s business live page. there's insight and analysis from our team of editors, right around the globe. and we want to hear from you too. get involved, on the bbc‘s business live web page, at bbc.com/business. on twitter, we are @bbcbusiness. and you can find us on facebook, at bbc money. business live, on tv and online — what you need to know, when you need to know. jane foley, senior currency strategist at rabobank,

is joining us again to discuss. we will talk through some of the paper stories and this is a great one we have picked out, in the mirror in the uk. almost 130 premier league stars face at 250 million tax bill. can you talk us to this? vehicle many footballers used to put money into the film industry. you will remember back in the tony blair days there was perhaps a boost to the british film industry and there we re the british film industry and there were tax evasion measures, shall we say, or tax breaks by the government, which have since been reduced. footballers have invested revenue and they are saying, there are no such tax measures anywhere and you have to pay back some of the money you have invested. some of them to get enormous loans so that could be trouble, potentially, for a

few of them. they were given advice at the time as to how to move their money around and some of these premier league footballers earn a heck of a lot, so much per game or whatever, and there will be this whole avenue of who is at fault here, whether hmrc get this money back or not. it will be a long road? a long road and there are various different camps. some people saying, the urn so much anyway so they shouldn't be avoiding their tracks. 0thers shouldn't be avoiding their tracks. others say, hang on, they didn't know that much about it, perhaps they were just advised that they are all about playing football, and that responsibility was taken off their hands, so many people have different views but i think one thing is very clear. the taxman will not suffer tax evasion measures, even though many people say it was not about information but delaying tactics. quick word and i can't get it on the tablet, giving up the ghost, but a story from uber, joining the bicycle sharing group. what do we know about

jump bakes? they are american, californian, but the story is uber thinks bikes are potentially bigger competitor other similar taxis operating. getting around cities, small... yes, city centres. the reason it is very interesting to them is that people are more likely to use electric bikes now, and also because in china there has been a huge uptake and investment in bicycles to actually get around the place. you can't move in a car sometimes. especially in california. we have all seen the trafficjams. much healthier to get on your bike. but it is an electric bike. you're not peddling! laughter thank you for coming in, jane. and thank you for your company today. we will see you very soon. bye—bye. a rather wet start to the day. rain

overnight and that will continue to spread northward into scotland and northern ireland but really across southern areas it will be brighter later on and we will get some brightness, also feeling pretty warm. this is the system responsible for the wet weather this morning. as you can see, moving north, all linked into this area of low pressure keeping things relatively u nsettled pressure keeping things relatively unsettled through the next few days. the rain will clear way to the north soi the rain will clear way to the north so i think for much of england and wales it will become drier this afternoon and in the south there will be some sunshine but that could also trigger some showers, quite heavily actually in fact across the south—west of england. it will feel pretty warm in that sunshine as well, temperatures 15—17 degrees, but not so warm around the north sea coast in the east, highs of only about 6—8, and it stays wet for much of the afternoon. through tonight,

further rain across east anglia, into the midlands and eventually towards wales. a fairly cloudy and misty night too, i think for many of us misty night too, i think for many of us with temperatures no lower than about 5—7. how does webster looks? it'll stay fairly unsettled, this area of low pressure —— how does wednesday look? this easterly wind bringing a lot of cloud, some outbreaks of rain, but also to track where the wind is coming from, you will notice it is towards the mediterranean. also bringing in that milder weather for mediterranean. also bringing in that milder weatherfor many mediterranean. also bringing in that milder weather for many parts of the uk, except around that north sea coast again with the breeze making a chilly. closed on wednesday, some outbreaks of rain, as i mentioned across many central areas. some brighter skies in the far south and to the west are very higher ground which is where you will see higher temperatures, but towards the east again, disappointingly cool on that course, six or seven celsius. further south with that sunshine again temperatures quite easily reaching 15—17 degrees. into

thursday, again a lot of cloud around. perhaps the drier day. any rain just limited around. perhaps the drier day. any rainjust limited to around. perhaps the drier day. any rain just limited to those north sea coasts across scotland. some brighter spells developing, one or two showers in the far south—east later in the day. maximum temperatures, fairly similar. about eight, 212—13 degrees. some places in the sunshine getting up to 15, 16,17 degrees. in the sunshine getting up to 15, 16, 17 degrees. that is it from me. bye— bye. 16, 17 degrees. that is it from me. bye—bye. —— eight to 12—13. hello, it's tuesday, it's nine o'clock, i'm victoria derbyshire, welcome to the programme. our top story today... yulia skripal, who was poisoned in the nerve agent attack in salisbury, has left hospital. sources say she was discharged yesterday and has been taken

to a secret and secure location. we will bring you the story. also on the programme... president trump has pledged to respond "forcefully" and "shortly" to the suspected chemical weapons attack in the syrian city of douma. we are making a decision as to what we do with respect to the horrible attack made near damascus and it will be met and it will be met. the. —— and it will be met forcefully.