‘for sunshine. —— a dry yet day for scotla nd sunshine. —— a dry yet day for scotland and northern ireland. temperatures not quite so cold. the nissan boss faces the sack over allegations of misconduct. shares have dropped more than 5%. that is oui’ have dropped more than 5%. that is our top story on tuesday the 20th of november. the 5% fall in nissan shares were in tokyo, renault shares are falling as well. the french finance minister says the nissan boss is no longer fit to lead the company. also in the

programme, easyjet‘s annual profits saw 41%, its boss says the company is benefiting from the misfortune of the low—cost carriers. in europe, markets are headed south, following the lead from asia the night before. the chips are down. we are heading for the heights, why one firm says drones are the answer to some of the construction industry's biggest challenges. and speaking of tall buildings, the london skyline could get a new skyscraper. it is 1000 feet high, it will be known as the tulip and will be one of the tallest skyscrapers in london. but does london really need another? what do you make of the design? what would you call that? let us know, use the hashtag #bbcbizlive. a very warm welcome to the programme. keep your suggestion is

clea n programme. keep your suggestion is clean and we can read them out! let's begin with the car giant nissan, shares in the japanese car—maker falling sharply today in tokyo, down 5.5% at the close as investors reacted to the news of the rest of the company chairman carlos ghosn. and this is on suspicion of financial misconduct. he is suspected of understating his income of5 suspected of understating his income of 5 billion yen, $41; million in us dollars. nissan say allegations of his misconduct are that he misrepresented at his pay in a report to the tokyo stock exchange, he misrepresented the purpose of spending the compa ny‘s he misrepresented the purpose of spending the company's investments and he is the company's assets for his own personal use. —— and he used. this sudden departure has highlighted the complicated structure of the company, which encompasses nissan, renault and mitsubishi in a whole

alliance. renault owns 43% of nissan, nissan holds 15% of renault and over a third of mitsubishi. the french government owns 15% of renault. so far, carlos ghosn has not commented on any of these allegations. ben? let's take a live to rupert wingfield—hayes in tokyo. i don't know if you heard sally explaining the make—up of the company, it underlines how complicated this could be and how far reaching the impact could be around the world? it has major implications for three very large car companies. here in japan, nissan is the main one, but mitsubishi motors is involved. carlos ghosn is the chairman of mitsubishi motors and the chief executive officer of renault in france. he had been trying in the

last few years to pull these three companies into a closer alliance and to build what they hoped would become a competitor for toyota and volkswagen at the real top of the collea g u es volkswagen at the real top of the colleagues around the world. —— of the car leaks. his arrest, departure from nissan probably from the other two companies put into question the whole of our company's structure. some analysts are saying that of course this is about illegal activity and underreporting of his benefits salary but it is the background to this is the beginning ofa background to this is the beginning of a power struggle for control of these three companies and the fact that renault has had such a controlling influence over nissan for so long is not welcome, shall we say, perhaps in some parts of the japanese government and the japanese auto industry.

what is so remarkable, this is what the investigation will want to get to the bottom of, there is no suggestion that anything he was being paid was improper, he was earning a lot because he was running three very large organisations, but it is interesting what a surprise this is because he was credited with a huge turnaround for these firms? yes, and he is widely admired in japan and in the auto industry for turning nissan from the brink of ba n kru ptcy turning nissan from the brink of bankruptcy and bringing it back to a flourishing world leading car manufacturer. the response from nissan employees and ordinary people on the street to hearing how much carlos ghosn was being paid is one of shock. and discussed at the amounts of money we are talking about, underreporting your salary by 44 million us dollars on a total salary package of $88 million over a five—year period comes as a real shock to most people injapan. most japanese executives are paid nothing

like that, although american and european senior executives earn massive salaries. thanks for explaining that, ruppert, and we will stay across that story. let's look at some of the business stories, starting with the whole renting website airbnb which are saying it is removing all properties in israeli settlements in the occupied west bank from its listings. it says it has made the decision because the settlements are at the core of the dispute between israelis and palestinians. the israelis and palestinians. the israeli tourism minister said the action was shameful. a quebec father has launched a class—action lawsuit against mcdonald's, alleging the company's carlos ghosn break strict provincial advertising laws against advertising to children. he says the company is unlawfully advertising to children under the age of 13 which would violate the province's strict youth consumer protection laws.

easyj et consumer protection laws. easyjet reports of a1% jump in its annual profits, up from around $524 million the year before. the budget airline says it flew a record number of passengers over the media and suggests uk consumers are shrugging off brexit worries when it comes to holidays. bookings for next summer are ahead of this year. we have been speaking to the boss of easyj et we have been speaking to the boss of easyjet and you will hear his comments later. let's talk about the visit of chinese president xi jingping, let's talk about the visit of chinese president xijingping, who has just arrived in manila chinese president xijingping, who hasjust arrived in manila on chinese president xijingping, who has just arrived in manila on the first state visit by a chinese leader to the philippines in over a decade. president xi and his filipino counterpoint president duterte are expected to sign a number of bilateral agreements. why is it important? just explain the significance, the first visit in ten yea rs ? that's right, the first state visit, i should add. xijingping meeting his filipino counterparts and

forging links with regional leaders ata time forging links with regional leaders at a time when relations between china and the us remained tense. billions of dollars worth of deals are expected to be signed as president duterte's administration pretty much ignores us warnings about accepting chinese cash, or what vice president mike pence has called a deft diplomacy. even before president xi's expected arrival there were hundreds of protesters descending on the chinese embassy in manila chanting that the philippines is not for sale and is yet more deals are expected to be signed, everything from infrastructure, to trade to security, investment pledges from china had yet to materialise from two years ago, $24 billion in investments promises was made when president duterte visited china a few years ago but few projects have got off the ground. thank you. an interesting trip on the part of president xi. these are

markets in asia and on wall street the night before, not a pretty picture. the big losers are the huge names in technology like apple, facebook and all those companies which are being sold off rather heavily, which followed through to the session in asia with lots of supplies to apple and other tech stocks. chip—makers having a tab session, we will explain why any moment. we have the ftse 100 moment. we have the ftse100 below 7000 once again, but psychological level, it has gone down by 0.3%. down 2% is easyj et has gone down by 0.3%. down 2% is easyjet despite the strong earnings. shares down 2%, maybe on its outlook, explaining that costs per seat is going up, that might be some of the reasons why. lots happening today, we will talk about the agenda for europe, but let's look ahead to wall street with samira hussain. several us retailers will be reporting earnings on tuesday. this

isa reporting earnings on tuesday. this is a chance for investors to hear from companies are ahead of the all—important from companies are ahead of the all—importa nt holiday from companies are ahead of the all—important holiday shopping season which officially kicks off this friday after american thanksgiving. a strong economic growth in the us is likely to have had a positive affect on target, who expect to report a rise in both sales and profit as consumers continue to go into stores unspent. target has invested heavily to improve its store and online operations by focusing on own brands. 0ther operations by focusing on own brands. other companies reporting earnings include the gap, home improvement store lowes and electronic chain best buy. michaeljones is, lots to talk about. michael hewson. what michael wanted to clarify is is that the bank of england is bringing forward stress tests for banks so they can talk about financial stability and what

the bank of england will do in the case of no brexit, they want that information out before the vote in parliament early in december. they were originally for the 5th of december, i guess they are bringing forward to next week. no date, but earlier than expected, so mps undoes all can have an informed choice to make. it is quite topical given the declines in bank share prices over the past few days over concerns about brexit and given a mr carney will testify today to the treasury select committee i would say it would probably get quite a few questions on that, notwithstanding the fact that mps will want his outlook for the uk economy, given the uncertainty surrounding the withdrawal agreement and the fact that mps may or may not vote for it. what is interesting within the last 24 hours is that the dup, the conservative government rise on four votes in the uk, they didn't back

the finance bill. they abstained in certain clauses, this was a warning shot to say please don't take is for granted, we have our concerns about this withdrawal agreement in terms of the fact that northern ireland will be much more closely tied to the eu's customs union and the rest of the uk. it is a concern, it opens up of the uk. it is a concern, it opens upa can of the uk. it is a concern, it opens up a can of worms with respect to northern ireland's feature in terms of any new agreement. talk us through why you think the tech stocks are having such a rough fried, i know it has been a scene for six weeks or so, they are sold off, what is happening in the next 24 hours. there were concerns about lowered guidelines, we have heard that apple is cutting production on its three top model iphones and also the chinese opening an anti—trust investigation on samsung electronics, micron and one other.

investors are starting to take money of the table... investors are starting to take money of the table. .. we are getting investors are starting to take money of the table... we are getting too maybe peak adoption of tech, the things we want. that if you look at companies like netflix and amazon they are spending an awful lot on content. they are not adding subscribers at the same rate to match the value they are spending, investors are looking at the valuations and thinking, do they really justify these lofty valuations? october was a tough, tough month for equity markets, we saw huge declines. november has been really volatile, not as bad as 0ctober. really volatile, not as bad as october. december, will we see a sa nta october. december, will we see a santa rally, and what is that? i think it is the market's

perception, i think it is a myth but it makes nice headlines for you guys, it makes nice headlines for you guys, ultimately you get some book squaring into the year end, we get a nice little rise into christmas. i can see where that will come from, there is a massive level of uncertainty with respect to trade, there are concerns about the italian budget. if you have not made your money by now, will you go big on stocks into year—end? i think it will get more volatility into year—end, adding to the fact that we get another rate rise in december. it is thanksgiving in the us on thursday, a public holiday, trading volume has been really thin? 20% lower than normal yesterday, i think that is unlikely to improve, there will be a long weekend, volumes on friday will be minimal. then we are into december, more or

less, and you need to be an ardent optimist if you're going to buy a big amount of equity is heading into year—end. michael is back later, do you have a name for the new building? the cotton bud. diplomatic! will they get banned soon?! thanks, michael. droning on about technology, we will do that. we will talk about how these little drones are helping with the construction challenges to get into pretty hard to reach places, we will speak to one boss who is using that to make construction easy. you out with business live on bbc news. —— you are with business live on bbc news. the uk's foreign secretaryjeremy hunt has visited a run for the first time since his appointment and called for the immediate release of nazanin zaghari—ratcliffe. 0ur

diplomatic correspondence james landale is with the foreign secretary in japan. -- in iran. secretary in japan. —— in iran. a british foreign secretary walking through the streets of tehran, sampling the delights of the grand bazaar. he came to run with a clear message. he says the country should immediately release nazanin zaghari—ratcliffe and other british/ radiantjewel national to have been detained. if they as a policy detained dual nationals as a tool of diplomatic beverage, there will be consequences for a run. the beverage, there will be consequences fora run. the uk beverage, there will be consequences for a run. the uk would not allow this to happen and let them get away with it scot—free. the place he took the case to his raiding counterpart, who admitted he could help with humanitarian assistance but little more. —— could help with humanitarian assistance but little more. -- -- it isa assistance but little more. -- -- it

is a case he took to his arabian counterpart. would it not improve relations between the uk and iran to release nazanin zaghari—ratcliffe? she is and iranians citizen —— she is an irani and citizen and has been accused by an independent party. the rainy and power brokers who decide herfate are not the rainy and power brokers who decide her fate are not around this table. this afternoon mr hunt meant her four—year—old daughter gabriella and other family members. her four—year—old daughter gabriella and otherfamily members. back in britain, her husband welcomed his efforts. we have been here before, this is the second time a foreign secretary has gone to iran to lobby for her release, we will need to see what happened before we get our hopes up. 0bviously happened before we get our hopes up. obviously we remain fingers crossed and hope that she comes back before christmas. jeremy hunt did notjust come to iran to talk about british/ iranian

nationals but came to assess for himself the impact of us sanctions on the streets of tehran. he concluded iran was under real pressure, seeing few western goods on sale. iranian leaders accept people will suffer but are urging european politicians like mr hunt to do more to help. you are with business live, our top story... shares of the japanese car—maker nissan fell sharply in tokyo today, down over 5%, as investors reacted to news of the rest of the company's boss, carlos ghosn. he is accused of financial misconduct. and these are the market numbers that you need to know, 48 minutes into the trading day.

a big tech sell—off is still rattling investors, and the uncertainty around the brexit deal. now, a battle in the skies. drones are lighter, stronger and can fly further than ever before. with that comes new ways to use them. in america alone the number of commercial grounds is set to leap from 42000 and 2016 to a staggering 420000 by 2021. -- from 42000 and 2016 to a staggering 420000 by 2021. —— from from 42000 and 2016 to a staggering 420000 by 2021. -- from 4000 in 2016. the most common use of an application is in infrastructure, where they can be used to inspect things like building works and installations. 0ur installations. our next guest is from a company who uses drones on big projects. welcome to the programme. tell us how you got into this, your company

is three years old and it was all about the fact that you got com pletely about the fact that you got completely bored and decided to do something new? i used to work in special maintenance and gas industry and things were repetitive, i came to the uk to do another degree and thatis to the uk to do another degree and that is where i took on drones. you came from thailand, did a degree, retrained and got all sorts of support and help and grants and funding, you grant everything with both hands? i got support from imperial college's women's programmes, and then we were very lucky to be in a hub which accelerated is dramatically. i assume traditionally people would have to go up ladders and dangle for buildings on ropes, you were saying

you could get rid of art and a drone will do thatjob? you could get rid of art and a drone will do that job? —— you could get rid of art and a drone will do thatjob? —— could get rid of that? it flies around a building and a couple of hours and scans every inch. you just say, and a couple of hours and scans every inch. youjust say, i and a couple of hours and scans every inch. you just say, i want you to scan this, off you go? and then what are you looking for? people might be looking for defects or cracks. a drone as a flying pair of eyes, it can see anything. you can use it for inspections or an emergency case, in something like g re nfell tower, emergency case, in something like grenfell tower, you could use it to remap the whole area before you send humans in. and that terrible disaster caused a huge wave of interest in what you are doing as a company, as councils, social housing, all of these organisations had to take stock? we have seen a huge influx of local council, as well as private sector,

looking into mapping and scanning it. the technology is getting cheaper and later and can go further, and just in three years you have had the business, that must have changed a lot in terms of what you are able to do now? people used to use drones to fly around and take photos or videos, we can now change them into digital 3d model and use that as an inspection report, you can zoom in and pullup any inspection report, you can zoom in and pull up any information and start creating measurements directly from a digital 3d model without ever going on—site. your company is quite small, you are a team of ten, you don't have drone operators in your team, you hire them daily and it pays for them to be local, is that the case? we usually have a local drone operated because they know the area very well and know the local

authorities, we have a network of drone operators around the uk and a couple of people in europe. we cover the whole area. are they mavericks? yes, there are a couple of other high—end drones as well, from small, maverick drones, too big drones that cost £35,000. really nice to see you, thanks for explaining all that. we think about technology taking jobs or removing jobs, but with the operators that you need, creating newjob opportunities. thank you. as we have mentioned, it has been a pretty turbulent year for the airline industry but one that has benefited from that is easyjet, its annual profits jumped something like 41% in the full year. its chief executive spoke to sully this morning and told her how they have weathered the storm. —— has spoken to sally this morning.

record numbers from a profit point of view if you exclude the transaction that we did, but we have also had record passengers and our customer satisfaction score has gone up. the value for money that we offer customers, the average fare has been below £60, and half our customers who have been flying with this in 2018, the cost has been less than £58, which clearly resonates with customers about europe. johan lundgren, the ceo of easyjet. we are talking buildings with michael, i wonder what a drone would find at the top of this building? this is planned for the london skyline, what do you make of it?|j think... another building. you work very close to the area it would be in? i walk past the gurkha everyday, there is not a big footprint for

this particular building. —— i walk past carlos ghosn —— the gherkin every day. my whole career in the city, it has been a permanent construction site. we have the walkie—talkie, the shard, the gurkha on. there is a big building opposite the lloyds building in leadenhall street which is in the process of being finished. there is a tendency of thinking these are half empty, they look fancy. this is not designed for office space. apparently, according to this, it will feature internal slides, moving transparent sports running outside the building for visitors to ride in. you have people in a global hard. if you have vertigo, i do not

think you will appreciate it. —— you have people in a pod. thank you. yesterday we noticed the cold wind setting in across the uk, today we continue with that cold easterly winds. a bit stronger than yesterday as well, bringing in a mixture of sunshine and showers. where you have the cold air coming in from the near continent across the uk, because the wind is stronger than yesterday there are more showers arounds, drifting further west. the mature northern england, quite a few showers, frequent showers iniesta in scotland, down to eastern and southern areas. for south—west england, south and west wales, fewer showers, lengthier sunny spells and temperatures will be six to eight or nine celsius, a

degree or so lower than yesterday. because the wind is stronger from the east, it will feel colder. temperatures are freezing to about two or three celsius for england and wales, 45 for scotland and northern ireland. showers move into night, merging together to give bloggers buzz of rain. —— four or five for scotla nd buzz of rain. —— four or five for scotland and northern ireland. lighter winds towards the south west tonight, the chance of a bit of frost. elsewhere, temperatures staying above freezing. rain spread northward on wednesday, snow over the higher ground, showers for northern ireland, drier and brighterfor for northern ireland, drier and brighter for england and wales, southern scotland as well. temperatures around six to eight celsius, a chilly feeling day during wednesday. into the rest of the week, because the wind direction

changes slightly from a south—easterly, we are drawing slightly less cold and macro from france. through thursday, temperatures will not quite be as low, it will not feel as cold. if you showers towards scotland, down the eastern sides of england and scotland. —— a a few showers. temperatures about seven or eight celsius and into the weekend, dry weather, lots of cloud, one or two showers, temperatures around seven to 10 celsius. with the grey skies, you will feel pretty chilly. that is all from me. goodbye. you're watching bbc news at nine with me annita mcveigh — the headlines... theresa may faces more pressure over her brexit plans, after the democratic unionist party warned it was sending her ‘a message' by failing to back the government on a budget vote. the prime minister has broken her

promises to her own mps, the electorate, and to herself. we had to centre a political message. the police condemn a ‘walk on by culture', saying frontline officers could ‘let thugs go' if they don't get help from the public. a doctor, a pharmacist and a police officer are killed after a gunman opened fire at a hospital in chicago. shares in the japanese car maker, nissan, fall sharply following the arrest of the company's chairman, carlos ghosn, on suspicion of financial misconduct.