welcome to the programme. underwear, posh food and sensible skirts. homeware all declined. to close 100 shops by 2022. we‘ll have the latest. moshiri and rachel horne. in paris. 23rd may. marks & spencer is going to embark on over the next five years. have you got the taps on at the moment? should there be a target for how much water each person can use? serious water shortages by 2050, could targets be one answer? police officers that he‘s standing with them ?

use of users‘ data. also in the programme... about morale and what they need to do theirjob effectively. of its plants is a major living with dementia ? polluter. with astonishing results. go on then, in here. on the market it is not looking pretty at all in europe. very nice. are you driving? but there's more to a lick of matt magenta car horn beeps. than you think. crikey! who was that? an airplane lighter and your car a where shall we go? bit greener. today we want to know... where...? i don't know. as long as they need? when did you leave home? use the hashtag #bbcbizlive. hello and welcome to business live. welcome to the programme. we start with a look at social media giant facebook.

disruptive technologies can have a positive impact on society. but it could be a hard sell. at european parliament over the improper use of users‘ data. facing zuckerberg‘s company. consultancy cambridge analytica. europeans are worried. from a transatlantic pact known as ‘privacy shield‘. if it broke privacy

laws. promising to recruit from more diverse backgrounds. it‘s hired 15,000 workers so far and is aiming for 20,000. executive director of hec paris digital center. thank you forjoining us. you expect us to get from this summit? many ceos in a single place and having this, station with them. having this, station with them. first goal is to have them here in paris just before the conference. paris just before the

conference. discussions, about privacy for instance. instance. commitment or is this just the beginning of a conversation? beginning of a conversation? long conversation we have with all of these tech giants. of these tech giants. but now everybody understands it is something very important. something very important.

right now but it is probably the beginning of something. beginning of something. parliament, what was your impression of how it went? of how it went? exam he had in front of the senate a few weeks ago in the united states. few weeks ago in the united states. he has do have with politics and he has the same in europe. has the same in europe. are paying attention to that regarding our history and past. regarding our history and past.

either in france or the european commission. commission. thank you very much for your time. stories making the news. its roughly 20% stake in indian e—commerce firm flipkart to walmart. a 77% stake in flipkart. worth around $4 billion. civil rights groups. authoritarian surveillance". were blocked because of how they could be

used by others. filed complaints of sexual harassment against the firm. allege groping, propositions, indecent exposure and lewd comments. and that its franchises should do the same. on chinese technology firm zte and levy a $1. billion fine instead. where the company has raised alarms related to national security. for the closure of a copper smelter run by vedanta resources.

of pollution and risk to fisheries. sameer hashmi has been following the story in mumbai. why are the people in the area protesting against the plant? a copper smelter in the area for the last two decades. last two decades. is quite prominent in the area in the last few years. the last few years. protesting for the last three months. months. they want the plant to be shut down. shut down.

doubled the capacity of the existing plant. plant. protests which led to clashes between police and the protesters. between police and the protesters. people would lead to 11 people dying. dying. protect the police and the buildings in the area. thank you very much. let‘s take a look at the markets. an impact on asian shares, which were mostly weak. between the united states and

china. about 5% on the date which is paring back any bigger losses. back any bigger losses. joe miller is the latest from wall street. year. sustained, making a hike in borrowing costs injune more likely. to post a rise in first—quarter sales. conscious millenials with a new, cheaper silver range.

the next few months remained as bright as its gems. investment management. thank you for coming in. potential merger with standard chartered. chartered. and the board are looking at various options. options. operations in africa and they had to withdraw for various reasons. withdraw for various reasons.

exposure and that might be what is behind it. —— sort of the pin. -- sort of the pin. you think this is a surprise or a natural fit? natural fit? feels a bit inconsistent with some things that have happened before. things that have happened before. figures coming out in the uk later, what can we expect? what can we expect? continuation of inflationary pressures subsiding a bit. pressures subsiding a bit. will not put much pressure on the markets. markets. home, that is our twitter question

today! today! different stories for the three of us! still to come... but there‘s more innovation in this product than you think. airplanes lighter and cars greener. you‘re with business live from bbc news. profits to £66. the cost of store closures. the reorganisation of its stores across the uk. for more on this we‘re joined by patrick o‘brien from global data. thank you forjoining us. what is your reaction to the figures? your reaction to the figures? have put out, outline how deep their problems are.

problems are. been going around —— going up around 2. 2. in clothing and home, like—for—like sales down 3. sales down 3. 6% which is an extraordinarily bad result. extraordinarily bad result. struggling so much in both food and non—food? —— why are they struggling? struggling? have developed premium range is much better to compete. better to compete. home, it is about the relevance to the consumer. the consumer. store environments are not resonating with customers. resonating with customers. commentators are saying that is

not enough. enough. do you think the plans go far enough? far enough? growing at 11%, it will struggle to do that. do that. with the m&s ceo, what would you tell them? tell them? customer they are trying to get into the store. thank you forjoining us. constituents of the ftse100 fallout, so keep an eye on that. you‘re watching

business live. our top story... president of france at the technology summit in paris. technology summit in paris. down more if m&s was not doing so well. well. down on the same trajectory, around 196. we often take colour for granted. painted surfaces can be. and their importance stretches way beyond the diy market. $161 billion last year.

just realised my dress is not actually painted! 3 billion. annually up to 2021. volkswagen and mercedes—benz. of emea to find out more. the performance of their goods. right now in the world. while still ensuring its safety is something that we are doing. into electric cars, weight is

a significant issue. they go longer on the road. tell me why aubergines are so important for your industry. oh, that‘s a nice story, learning, taking innovation from nature. it doesn‘t burn or cook. so we investigated, why is that so? made of two layers. reflecting, absorbing the uv. and then the second layer, which is reflecting the uv.

on a hot day on the tarmac. which helps the company to save on air conditioning. the last year or so. why do you want to acquire more companies? we are able to expand geographically thanks to those acquisitions. portfolio for customers. and we‘ll continue to do so. akzonobel is a company that you tried to acquire. that didn‘t happen. was that disappointing? you know, we moved on. life is so and we moved on. doing right now. so, how did you personally get involved in this industry?

interesting question. had a paint business. into the paint business. i did go into the paint business. with my own values. so make them expand their lifetime. but also, decorate the world and add functionality. and i think that‘s a good fit. how can paint make self—driving cars safer? that are capturing signals from the environment.

advancement. so are you talking about the paints on the vehicles? absolutely. surrounding the vehicles. so on the road markings, how did that work? and find its way better. of store closures. and there was no reason to panic. what we are clear about is that we cannot do this slowly. cannot do this slowly. changing society and the way people shop. shop.

it is urgently do this to return the business to growth. return the business to growth. because it reflects our changing customer habits. customer habits. third of our business will be online in the five years. —— i believe. so, no panic. taking an interest in? jane sydenham is joining us again to discuss. we will stop with one from the new york times. york times. recognition and critics see survey was risk. was risk. this is an interesting departure for amazon. departure for amazon. to produce the facial recognition software in 2016. software in 2016. has been used by a couple of police departments. departments. i think this is a sense, is it big brother? sense, is it big brother? is amazon still on the side of the consumer? still on the side of the consumer? so it is kind of an interesting change. two sides to this.

our privacy and it is big brother surveillance. surveillance. could be used to catch criminals, to find bus children. find bus children. some people might use it for nefarious purposes? nefarious purposes? something where there has been a degree of controversy. degree of controversy. has been hard to question whether or not there is a downside. not there is a downside. for the half term holidays, this story on the bbc website. story on the bbc website. hidden fees when buying foreign money. money. a lot of us are paying too much to exchange money, what is the advice? exchange money, what is the advice?

paying commission, are you getting a good rate changing your money? good rate changing your money? that confusion that causes the problem. problem. people would find it easier to make comparisons. comparisons. that is the issue, the lack of transparency. lack of transparency. supermarkets so we expect to pay or sell prices for your currency? sell prices for your currency? they paid for that bunch of dollars and what they are paying you. and what they are paying you. all that is transparency. surely that is business. business. does need to be a bit clearer, that is only fair. is only fair. jane, how old were you when you left home? 19.

and you are 18? 18? university, but i was 28 when i left home. home. after a month—long battle with his parents who sued him to leave home. parents who sued him to leave home. we asked viewers at home to message us and we had plenty of responses. us and we had plenty of responses. was old enough and he had the resources to go, why is he at home? resources to go, why is he at home? lots of tweets. adult children should leave when asked. should leave when asked. brain says, push them out, i left when i was 18. when i was 18. and is now being the parrot is a lifetimejob. lifetimejob. i agree.

needed to move out, so circumcise makes a big difference. makes a big difference. absolutely, it may do that amazing hard woman you are today! hard woman you are today! jane, thank you very much indeed. thank you very much indeed. lovely to have you joining us as well. to have you joining us as well. thanks for watching. goodbye. hello. mr and mickey conditions this morning. morning. for most of us, it is going to be warm and sunny. going into the afternoon. afternoon. through this morning, we have had cloudy and misty weather. have had cloudy and misty weather. turning back towards the coast. north—eastern england, it continues as we go through into the afternoon. as we go through into the afternoon. burning back towards the more coastal areas.

coastal areas. lots of sunshine and that will continue throughout the afternoon. continue throughout the afternoon. chilly, temperatures around 13, 1a degrees. degrees. sunshine, temperatures building into the low, mid 20s. the low, mid 20s. 2a in some spots, perhaps 25 degrees. perhaps 25 degrees. later, some showers towards the south east. showers towards the south east. of those could be heavy and boundary. boundary. showers more extensive through the night. through the night. as will the mess and low cloud moving further inland. and low cloud moving further inland. temperatures down to seven, 13 degrees. degrees. conditions around coastal areas, that persists. that persists. south wales, through southern areas of england. of england. further north, plenty of dry and sunny weather again. dry and sunny weather again. temperatures up to 19, 201 degrees. even into the 20s across the south. but here, it feels

quite muggy. which, as we go into friday, it moves a little further north. moves a little further north. extends further north across wales into northern areas of england. into northern areas of england. the south, which warm and muggy for many parts of england and wales. many parts of england and wales. temperatures into the high teens to the mid—20s. the mid—20s. further north with this south—easterly wind. south—easterly wind. temperatures going even higher over the weekend. going even higher over the weekend. and into the bank holiday weekend. muggy, and temperatures by monday into the high 20s. goodbye. 00:28:53,726 --> 4294966103:13:29,430 hello.