will go ahead next month. mr trump said the summit would be delayed if kimjong un refused to meet certain conditions. pyongyang has threatened to walk away if the us pushes for unilateral disarmament. facebook boss, mark zuckerberg, has been criticised by european politicians for alleged evasiveness. however, mr zuckerberg said he'd make it his top priority to prevent interference in democratic elections. and this video is trending on bbc.com... church bells have rung out in manchester, marking the exact moment a year ago when a bomb exploded at a concert by the singer ariana grande — killing 22 people — including seven children. that's all from me for now. stay with bbc news. and another headline from the uk... the second day of the inquiry into the grenfell tower fire was disrupted when a video of the blaze was shown without a warning, prompting around 30 people to walk out.

now on bbc news all the latest business news live from singapore. facebook‘s mark zuckerberg takes his apology to europe, days before tough eu protection rules come into effect. we did not take a broad and a few of our responsibility, that was a mistake and i'm sorry. can jaguar land rover be saved? we will find out when the indian car manufacturer unveils its four year earnings today. it's wednesday, everyone! good morning, asia. hello, world! glad

you canjoin morning, asia. hello, world! glad you can join us morning, asia. hello, world! glad you canjoin us for this morning, asia. hello, world! glad you can join us for this edition of the business report. i'm rico hizon, mark zuckerberg was in the hot seat again, answering questions from leaders at the european parliament over concerns about privacy. the 34—year—old sat through the grilling from parliament about data protection. but he is being criticised for being evasive with a nswe i’s. criticised for being evasive with answers. it was not a very revealing session. partly because of the format of the session. it was a strange meeting, all of the questions had to be submitted in order so every member of the european parliament in the hearing gave their question one after the other and it was only at the end of that, that took about one hour, only at the end could mark zuckerberg asked his question is so rather than

answering specific queries about very precise parts of what facebook does come he could group his answers in general areas like privacy, advertising, cyber bullying, and give general answers as a result. that was not what these meps were looking for which was why towards the end of the session, several were quite angry for not having specific a nswe i’s quite angry for not having specific a nswers to quite angry for not having specific answers to their questions but mark zuckerberg said there was not time, he was given 25 minutes to answer all of those questions. quite expectedly come he was able to dodge many of the more difficult ones that came his way. europe ageneral data protection regulation comes into effect on friday, how will this change how data is stored and processed? it will be a dramatic change, many companies are putting out new privacy policies as a result and so facebook will need to make it

easierfor european and so facebook will need to make it easier for european users to access data. data that facebook keeps on them. it will be easier for them to move their data from one service to another. an interesting follow—on is that although this law only affects europeans, to keep things simple, companies including facebook will roll out the changes they make for this regulation, they will roll those out to everyone on their network. so if you are using facebook in asia or america, you will get many of those protections being put in place to appease european lawmakers. their ideas will now, at least for some companies, be enacted all over the country. us president donald trump says he may lift a cryptic export ban and levy a $1.3 billion fine instead but his approach has led to accusations that

he's going easy on the chinese technology company z t. —— zte. what prompted donald trump to do this? he says he is trying to protect us jobs, american firm story lot of business with zte, and that he is not doing this as a favour to the chinese president xijinping. a p pa re ntly chinese president xijinping. apparently he was asked to look into it. the chinese have made it part of their one of —— made a part of their demands. the president is looking to impose this fine to shake up management and roll back the export ban that has been severely crippling to zte, the export ban came into place because zte was found to be violating i doing business with

north korea and iran, so essentially violating sanctions. congress went after those comments after president trump made them, that it undermines many of the sanctions in place with iran and north korea but interestingly, as i mentioned earlier, it is part of broader conditions that china wants and they are looking to absorb the zte issue. china just opened up its auto sector yesterday, reducing import tariffs for cars to 15%. concessions are being made but overnight president trump said he was happy with those negotiations ongoing. thank you. ta rta re motors negotiations ongoing. thank you. tartare motors will be announcing their quarterly earnings, this comes after one of the largest car—makers in india posted a in the fourth

quarter. it has been a few days since prince harry wished his bride off to their wedding reception in a one—of—a—kind electricjaguar wedding reception in a one—of—a—kind electric jaguar land wedding reception in a one—of—a—kind electricjaguar land rover car. the company which owns this once british brand is india, tata motors. it has beenin brand is india, tata motors. it has been in the spotlight due to the royal wedding and we will hear more about it when it releases its financial results here in mumbai. of late, the firm has seen a spurt in sales. it saw car sales grow by a0%. good news for a firm that has tried to stretch turnaround for a while. in its home ground it lags behind other names like you suzuki. it has launched other models to make a comeback. today we will find out whether that strategy is working. it is the jaguar land rover business that tata motors brought in 2008 that tata motors brought in 2008 that has driven profits for a while,

but sales of the luxury brand have been under pressure due to lower demand from the us, uk and. tata motors says that higher demand from china has helped it out. the next big battle ground to auto—makers around the world is electric vehicles. you didn't see them used much in india but the government here has ambitious plans here to curb air pollution. tata motors and competitors have made strides towards the production of such vehicles but the big challenge is making these electric cars affordable, especially in a developing country like india. people will want to hear what tata motors's plans are in that direction but we are expecting to hear from them about the most immediate challenge facing them and other car—makers in india. the steep rise in fuel prices, which could pose a real threat to the growth of the auto industry here. studio: there are some things that today's apps

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a look at the markets before we go... the us dollar is falling against currencies overnight... as for the us stocks, they closed in negative territory is. thank you for investing your time with us, and rico hizon. sport today is coming up next... the top stories this hour. president trump has said there's a risk his planned summit with the leader of north korea won't now go ahead next month. facebook boss mark zuckerberg has told european parliamentarians his company will do more to prevent interference in the democratic process. marks and spencer is to close around a third of its main clothing

and homeware stores by 2022. 100 high street shops are to go, as it steps up its plans to modernise the business. here's emma simpson. northampton, and a store that's been here for nearly half a century, but likely not for much longer. m&s is making a big retreat from high streets it once ruled. many will miss it here. oh, no! oh, i didn't realise that was closing. i know they said that, you know, there were some that would the closing. i can't believe it's our one. will you miss it? yes, yes. we do shop in there quite a lot. i think we often come in here, grab a lunch or it can give you things that you're looking for with quality. and i think it's something we're lacking. we go there every day. we go to the coffee shop, we buy clothes there. m&s is trying to reverse falling sales and profits. shopping habits have changed, but this retailer has struggled to keep up with them.

it doesn't need as much space as it used to. and it's now ramping up the changes. northampton is one of 1a stores earmarked for closure. that's in addition to 21 which have already shut. but now there's another 65 stores to go over the next five years. by the end of this restructuring, one in three m&s clothing and home stores will have disappeared. these are tough times for retail. a cocktail of costs, consumers cutting back and the relentless rise of online has all pushed some weaker businesses to the brink. from maplin to mothercare, carpet right to new look, all axing stores. an industry that has to reinvent itself, and fast. retail in the future will be very different to what it is today. there will be fewer stores, and the role of the store in the future will be different, that's much more based on experience.

there will be fewer people who work in the retail industry than there are today, but many doing different and more exciting jobs. that may not be much comfort for those affected by today's changes. m&s wants fewer but better stores, but here you can see how hard it now is to fill the gaps. emma simpson, bbc news, northampton. you can get more analysis on that story on the website. don't forget you can get in touch with me and some of the team on twitter — i'm at ben m bland. time now for all the sports news in sport today. hello, i'm gavin ramjaun — and this is sport today, live from the bbc sport centre. coming up on the programme... simon survives! britain's yates is the giro's clear favourite — after emerging from tuesday's time trial

with a signifiant lead. pakistan coach mickey arthur hails his ‘big game' players on the eve of their test match in england. and it's gold for bronze... the lyon and england defender has been crowned the bbc women's footballer of the year. hello, welcome to the programme. simon yates has taken a huge step towards becoming the first british rider, to win the giro d'talia. he'll go into the final five days of the tour, in the leaders pinkjersey, after safely negotiating tuesday's time trial. yates now has a 56—second lead, over defending champion tom dumoulin in second. austin halewood reports... with a lead of more than two minutes heading into the final