this is business live from bbc news with maryam moshiri and sally bundock. copyright fight. the eu decides on a huge legal sha keup that — according to some — could mean the end of the internet as we know it. live from london, that's our top story on thursday 5th july. a major row is brewing between the publishing, music and film industries and the tech giants over copyright law on the internet. how will it affect you? jaguar land rover has warns that a "bad" brexit deal would hit its profits and threaten over $100 billion worth of investment plans for the uk. the markets have opened in europe and are looking good for now. and we'll be getting the inside track on the world of sports nutrition —

protein shakes used to have an image problem, but now they're gaining in popularity and trying to broaden their appeal. today is a rest day at the world cup, but wimbledon bosses are said to be fuming at fifa's decision to schedule the world cup final to clash with the men's singles final. so we are asking what will you watch? will this cause angst in your household? let us know — just use the hashtag bbcbizlive. hello and welcome to business live. welcome to the programme. we start in strasbourg where the european parliament will vote later on a huge shake—up of copyright law. it has sparked a major row between the publishing, music and film industries on the one side and the tech giants on the other. web pioneer sir tim berners lee is among those warning it could even mean the end of the internet as we know it. so what's it all about?

it's called the european copyright directive. article 13 would require all digital platforms to stop users uploading copyrighted material — whethertext, music, orvideo. or pay to license the material. this would mean sites like youtube, facebook or tumblr sharing revenues with publishers — youtube already does this to an extent — and being liable if their users infringe copyright. despite protests from web firms, the move has been welcomed by the creative industry. geoff taylor represents the uk music industry. necessary and overdue. for many yea rs necessary and overdue. for many years we necessary and overdue. for many yea rs we have necessary and overdue. for many years we have been having these outdated regulations set in the late nineties. that has meant there has been a lack of clarity in the legal framework which has undermined the ability of creatives to get paid. with us is our technology

correspondent, rory cellan—jones. what is the other side of the story. a lobbying battle going on. a lot of people from the tech firms, leading figures like the founder of wikipedia saying it will have all sorts of consequences. if you make every site that lets users share material, apply a filter to stop it going out. they say that risks censoring the internet and throwing a blanket over free expression and they think the technology will be expensive and there has been the argument which the european, the meps argument which the european, the meps have rejected that means where you mash up content, they will be banned. the technology figures say

that will happen, because this technology will not discriminate between different formses of copy right material. are tech companies prepared for this? the funny thing is there has been a lot of talk from the record industry of youtube being in their sights. they don't have a good relationship with youtube. but youtube has this kind of technology already, at least once something is posted. they have quite an efficient scheme for taking down this material. the concern is that smaller companies won't have that technology, will have to pay for it, will be deterred from going in. the question that is being asked from america is why would a small company set up in europe when there is the added burden. as ever with europe, these things are complicated and ta ke these things are complicated and

take some time. today it is not over. it is not a decision done and dusted. as i understand the complex procedures, the meps have pass it on to the member states and send it to its final stage or chuck it back to the parliament and have further discussions if they listen to these howls of complaint from the internet giants and others. thank you. rory is always updating, as are the lest of the bbc unit team. let's take a look at some of the other stories making the news. the uk's biggest carmaker — jaguar land rover — has warned a bad brexit deal could cost it more than £1.2 billion in profit each year — jeopardising future investment in britain. jlr says it needs "free and frictionless trade with the eu and unrestricted access to the single market." it's the latest big firm to weigh into the brexit debate after similar

warnings from airbus and siemens. internet entrepreneur kim dotcom has lost his latest court battle against extradition from new zealand to the us. new zealand's court of appeal upheld the decision that mr dotcom and three others can be extradited to stand trial for copyright infringement and fraud. the charges are related to mr dotcom's now defunct file—sharing website megaupload, which allowed millions of people to download digital content. the international monetary fund has cut its 2018 forecast for german gdp growth to 2.2%, saying rising protectionism and the threat of a hard brexit had exposed europe s biggest economy to significant short—term risks. the washington—based lender whose previous prediction from april was 2.5%, edged its 2019 forecast up to 2.1% from 2.0%. malaysia has suspended $22 billion worth of china backed

projects in the country, as it probes whether its scandal ridden state investment fund — 1 mdb — benefitted from a chinese state—owned bank loan. the projects include a vital rail—link, which would connect malaysia s less—developed east coast to southern thailand and kuala lumpur. karishma vaswani is in singapore. this story is starting to permeate all sorts of areas isn't it? indeed. this comes a day after the former prime minister of malaysia was arrested and then subsequently charged on corruption charges. he was the one who approved many of these projects and made that approach to beijing and trying to firm up ties between china and

malaysia. now, just to remind our audiences, the malaysian authorities, the current government, is investigating whether chinese state—owned bank was used in a transaction that benefitted the government investment fund at the heart of the scandal over the last few years. it is suspending three of its largest chinese—backed projects, worth $22 billion, to detail the projects one is the old coal rail link, that would have connected the less developed eastern coast to thailand and kualar lumpur. it was pa rt of thailand and kualar lumpur. it was part of a plan to connect asia to china. a real sense that malaysia's clamping down on chinese investments and we may see more of that in the future. thank you. asian markets have been reacting

with alarm to the prospect of a us—china trade war. hong kong's hang seng and tokyo's nikkei have declined. indexes in shanghai, seoul and taipei have also registered losses. europe is looking better. markets are struggling for direction ahead of that crucial day in terms of tit—for—tat trade war with the us. global growth is under threat from a trade war between the world's top economies. that's the warning from the world trade organisation in a new report. it says that between the middle of october last year and the middle of may this year, g20 economies applied 39 new trade—restrictive measures — things like taxes on imports. that's twice as many as the previous year. the wto says the restrictions affected more than $74 billion of trade — one and a half times as much as the previous year. roberto azavedo — director general of the wto — spoke to the bbc‘s economics editor kamal ahmed about his concerns.

the economic impact on the global economy will be one of compaction, or slowing down, depending on how big it is. it is difficult to speculate on how big that impact is going to be, but it is going to be negative. we already see some forward—looking indicators pointing in that direction. is president trump to blame for the present movement towards a global trade war? i think what we have in terms of tensions, they come from the political environment in many countries. and that new environment in these countries, there are structural, they are coming from structural changes in the global economy. i think president trump, his ideas, his administration, is a result of those tensions. joining us us is richard hunter, head of markets at interactive investor.

good to see you. for financial markets this is the story that is the dominating, because tomorrow these tariffs, the us tariffs on imports from china come into effect. yes the rhetoric has been ramping up. the chinese are still maintaining they're only going to do this as a retaliation and are not going to make the first move. it is getting near crunch time. one reasons the markets are not liking this, we have had after the financial crisis, we have had a big recovery and we have now synchronised growth around the world. why would you want to jeopardise that? the us are saying the previous trade agreements that had been put in place hadn't been fairto the had been put in place hadn't been fair to the united states. you can argue that both ways. but as history

has shown, trade wars are good for i'io has shown, trade wars are good for 110 one. has shown, trade wars are good for no one. now brexit, this story here, it is on our web—site, jaguar land rover, the boss said if there is a bad deal on brexit, it will hit profits at the company and threaten its uk investment. another warning. this is another situation we are getting near crunch time. one of the things despite the resilience of the uk economy, one concern is companies saying that until we have some sort of certainty and we have seen it in black and white, we can't start to make plans or investments. as jaguar have said, they have invested £50 billion in the last five years and their plan is to invest another 80 billion. it is a big deal. of course it is all over the media and let's not forget the british prime

minister meets her cabinet tomorrow and will discuss trade. we will talk about it later. ) and we'll be getting the inside track on the world of sports nutrition — protein shakes used to have an image problem — but now they're gaining in popularity and trying to broaden their appeal. you're with business live from bbc news. purple bricks — the online estate agent — has announced an operating loss of {21.3 million for last year, up from a £5 million loss a year earlier. the firm says its mainly because of increased marketing costs, which helped it sell 81% of properties listed on its website. let's now speak to michael bruce, the ceo and founder of purple bricks. first of all, let me explain to viewers, purple bricks charged a

flat fee to anyone and you use a mixture of online estate agents and estate agents on the ground. so if i'm selling my house i will have to show the people coming to see my property around myself? yeah, you're right to a degree. what we offer is a full service for a flat fee. you get a choice whether or not to show people around or not yourself. it is the whole spectrum. how do you think the whole spectrum. how do you think the slow down in the housing market has impacted you? well not in the uk. we continue to invest in other markets, the united states and australia and we have bought a business in canada. if you look at the uk market, we have been growing considerably. 0ur profit margin in the uk is up by nearly 600% during this financial year and if you look at independent data you will see that you know we're winning, because we are selling three times more

houses than the next brand. we're selling them faster and getting people more money. so it is for that reason we are seeing people more money. so it is for that reason we are seeing purple bricks grow, while there is more competition from more traditional agents. so are you saying it is a short—term problem? agents. so are you saying it is a short-term problem? yes, we are investing in all our markets and you know the uk is growing, as is all of out know the uk is growing, as is all of our other markets. but we are investing. to what extent do you see yourself as a disruptor. yes we are. we have gone from a standing start to being the largest estate agency brand in the uk and we're up to no three in australia after a year. sorry to interrupt you. stay with

us. sorry to interrupt you. stay with us. plenty more to come on business live. 0ur our top story, the eu is considering a huge legal shape up that could be the end of the internet as we know about it. now, summer is pretty much here — for those of you watching in the northern hemisphere — and many people are starting to think about getting into shape for the beach. many people will be spending hours in the gym and using protein shakes to help them through. and the global sports nurtition market is worth more than $10 billion a year. the growing popularity of things like muscle milks, protein bars and energy gels means that about a quarter of britons have consumed a sports nutrition product. but medical professionals warn its important not to consumer excessive amounts of protein. the risks include problems with the kidneys and bones as well as nausea.

with us is ben thoy, managing director and co—founder of whey box. it isa it is a protein shake. tell us about your background, because this company is 18 months old? yes. both of us were talking to you and you we re of us were talking to you and you were saying you're coming into a market that is already extremely competitive. why? traditionally sports nutrition products have been used by men and with the amount of gyms around, a lot of men have been using these products. but in the

la st using these products. but in the last 18 months there have been pop ups in boutique chains and more in wellness and there is more new consumers. how do you market yourself differently, do you target more the female market. is there a bigger market there than some may expect? yes we have innovated, if you think of protein, you think aggressive branding. you think of the big boxes? yes big tubs and pouches. we have put an emphasis on convenience and it is about convenience and it is about convenience as opposed to reliance. you're marketing to the person who has not got the time to basically make themselves good meals. because what is in your product is in a good diet. yes, it does what it says on the tin. the it is a supplement.

people shouldn't rely op these products, but we don't live in a perfect world, if you're dashing out and want to make a quick smoothy, adding this will contribute to your over all wellness. do you need as much protein as that if you're not doing a lot of exercise. if you doing a lot of exercise. if you doing less exercise, you need less protein. but it is an essential thing that the body needs. the other concern that some may have about using these products is they will bulk out or get fat. is that true. no, there is a stigma about protein that it makes you bulky. females often think that. women don't produce as much testosterone as men and you would have to train for uses to stimulate that muscle growth. what is your training regime?|j train what is your training regime?” train three and four times a week.”

would expect you to train every day. i'm training fora would expect you to train every day. i'm training for a half marathon. would expect you to train every day. i'm training for a half marathonm is true muscle work is better than cardioif you're older. resistant training is good, it stimulates muscle growth. i can't think why you're asking that question. we have mentioned the market is saturated, how are you going to sur strive in this environment —— survive in this environment? there are a lot of new entrants, but we have been lucky, the branding is appealing and in the la st the branding is appealing and in the last 18 months we have been stocked in places like tesco. we have had many companies that come in and they have got food products theyjust sell online. they find that is a better business model. we have ended up better business model. we have ended up in better business model. we have ended upina better business model. we have ended up in a retail environment and we

sell online and things are growing there as well. thank you very much. in a moment we'll take a look through the business pages but first here's a quick reminder of how to get in touch with us. stay up—to—date on the bbc‘s business live page. with insight and analysis from our editors around the globe. and we want to hear from you too. let's see what other stories are being talked about on social media. richard hunter is back. another big

company warning about brexit in the guardian. yes the difference perhaps with this story is we have got some ha rd with this story is we have got some hard figures from the company. a lot of what we have heard has been finger in the air stuff up to now. jaguar have spent 50 billion in the uk overthe jaguar have spent 50 billion in the uk over the last five and another 80 planned. it could cost itself over a billion in profits. this does need to be nailed down. if the cabinet meeting was not important before, this is the reason, we need something concrete. for the car industry, many companies have been very vocal about their concerns. nissan, renault, because of course from their view, they're hit on so many fronts. all the components they

need to make the cars and the export, they're struggling anyway with the change in the value of sterling. yes and that is one reason the german economy could be under pressure, they're so reliant on their own pressure, they're so reliant on theirown car pressure, they're so reliant on their own car industry. now wimbledon and the world cup. we have so wimbledon and the world cup. we have so many tweets about this and it is in the papers. wimbledon and the world cup are on, the wimbledon‘s men's final, on the same time. they overla p men's final, on the same time. they overlap on sunday. sunday 15th. men's final, on the same time. they overlap on sunday. sunday 15thm is my diary. we asked viewers which would you choose. i will ask you that question. wimbledon or the world cup. world cup all day long. why. i agree but why. no particular interest in tennis. sorry, i don't agree. once every four years is the

world cup, once every year wimbledon. 0ne world cup, once every year wimbledon. one person said, i love watching wimbledon even if roger federer is in the finals i will still watch the world cup final. the other thing of course is fifa have made the point that 4pm russia time... they have notjust grotto think about fans in russia, but the entire world. they announced in december 2015 that they would be hosting the final at 6pm moscow time. this isn't an overnight thing. but wimbledon are not happy. no. itv got a massive boost from the people watching england. 2a million and their share price ended the day higher. yes, itv has had to change

its business model to go down the new programme. the new boss was the boss of easyjet. one tweet, thank heavens for wimbledon. no yellow cards. no shouting. they're shouting an screaming on court. bring back john mcenroe. wimbledon has to account for its global audience too. what is your money on for the world cup? honestly, france. yes. everybody‘s saying france. cup? honestly, france. yes. everybody's saying france. probably france, but i'm rooting for england obviously. thank you so much. thank you for your company. that is another business live. temperatures yesterday across

scotla nd temperatures yesterday across scotland and northern ireland got up into the high 20s. today, there will bea into the high 20s. today, there will be a significant drop, because we have got this cold front moving through. while it is giving us cloud ts hs m ost through. while it is giving us cloud tshs most significant thing is the air is cooler and fresher. for most of us it is another dry and warm day with lots of sunshine. but there is a chance of a few showers in southern england and south wales. across northern ireland, quite a bit of cloud. that will break up in the afternoon to give us sunny spells. there should still be sunshine in scotla nd there should still be sunshine in scotland and through much of england and wales. it is across the south that we will see the showers. they will be few and far between. but one or two could be on the heavy side. there could be some thunder. it does

mean for wimbledon, like yesterday, where they had some interruptions, there is a chance of a shower. but it will be warmer or hotter than yesterday with the temperatures up to 28 degrees. temperatures rising bya to 28 degrees. temperatures rising by a degree or so across england and wales, but for scotland and northern ireland, the temperatures much lower than yesterday. about 16 to 20 celsius. tonight there will be some cloud around the north sea, that will move inland across scotland and the north—east of england. quite a warm and sticky night in the south. temperatures no lower than 17 or 18 degrees. fresher conditions in scotland, with temperatures over night down to eight or nine celsius. friday, we will start off with a bit of cloud in scotland and the north—east of england. some cloud in wales and into northern england and across the midlands. the heat builds again on friday. across the south—east of england temperatures up south—east of england temperatures up to 31 degrees. further north,

temperatures higher than today, up to 18 to 21 or 22. and then for the weekend, well there is no significant change to the weather pattern. we have high pressure that is still with us. light winds, lots of sunshine over the weekend. temperatures rising for scotland and northern ireland up into the mid 20s. northern ireland up into the mid 205. a northern ireland up into the mid 20s. a hot weekend in the south. highs up to 30, perhaps even 32 degrees celsius. that is all from me. hello, it's thursday, it's 9 o'clock, i'm victoria derbyshire, welcome to the programme in two hours' time, the goverment‘s emergency cobra committee meets to discuss the nerve agent poisoning of a man and a woman in amesbury in wiltshire. police say the substance was the same as that used in the attack on a former russian spy and his daughter. following the detailed analysis of those samples, we can confirm that the man and woman have been exposed to the nerve agent novichok, which has been identified as the same nerve agent that contaminated both yulia and sergei skripal. we'll be live in amesbury

with the latest. and if you live in the area — or run a business or shop there — tell me what you think of this latest development? how do you regard the chief medical officers' advice that the risk to you remains low?