with the the united states after washington recognised the country's opposition leader as the legitimate president. earlier, juan guaido unilaterally declared himself venezuela's acting leader in front of a crowd of tens of thousands of anti—government protestors. however, nicolas maduro insists that he remains in control. a chinese—australian writer has been arrested in china. yang hengjun, a former chinese diplomat and critic of beijing, disappeared last weekend. there are concerns that the incident may be part of a wider retaliation for the arrest of a senior executive of the chinese company huawei, in canada. and niagra falls has frozen. sub—zero conditision have frozen parts of the stunning waterfalls. the waters are still flowing, but the spray is covering nearby trees and buildings with a glistening coat of ice. and a top story from the uk: the home secretary says he'll seek the swift extradition

ofjack shepherd, who's handed himself into police in georgia, six months after he was sentenced for killing a woman in a speedboat crash on the river thames. now on bbc news, live to singapore for asia business report. deal — the secretary issues a fresh alert over britain out eu. trial begins — four of the barclays trial begins — four of the 77755 5 former top barclays trial begins — four of the % former top executives face bank's former top executives face charges of conspiracy to commit fraud. it is good morning. could join us for of ould join us for 5“ , . of asia join us for55 , . of asia business r5' , . hizon. to start with the uk rico hizon. to start with the uk international trade secretary who hasissued international trade secretary who has issued a fresh warning about the

:‘5 britain crashin out 7—7— possibility of britain crashing out of the eu without a deal. liam fox made the comments at the world economic forum's annual meeting in the swiss mountain resort of davos. some countries don't believe no deal isa some countries don't believe no deal is a possibility. one of. reasons is a possibility. one of the reasons iand is a possibility. one of the reasons i and ministers are here is to other jfjfjr no , convince gth5r'cou ntri5s—th5tncr convince cth5r'ccu ntri5s—‘ch5tncr and convince other-coo ntriee—‘chetncr and they need 55515 5 55555155 555“ ffi5m55 555l 5 5 55555155 555 ffififififififi prepare 555l 5 5 5555ii5ilitii 555 ffififififififi prepare for that. if they don't to prepare for that. if they don't prepare, there could be a break even if it is a temporary one, in the trading relationship with those countries. and as britain teeters on the brink of a no—deal brexit, several names from japan's sony to the uk's very own dyson announced plans this week to move 2- plans this week to move operations out of i country. first. sony to issues. then i son insistin customs issues. then dysoninsistiqg.‘ that a decision . move the top that a decision to move the top executives to singapore is not due to brexit. former state secretary of

denmark told me that the timing of the move comes as a surprise seeing as the compa ny‘s the move comes as a surprise seeing as the company's founder is a brexit supporter. well, in lieu of the profile, it was a wise decision, but if you figure in the background of mr dyson supporting the leave camp and the timing, less than one week before a crucial vote in parliament and about eight or nine weeks before the deadline of 29 march 200019. and about eight or nine weeks before the deadline of 29 march 200019m you were in the of mr dyson... -- 2019. would you have moved your business headquarters to singapore at this time? no, certainly not. i would have done it earlier order would have done it earlier order would have done it earlier order would have done it later. because 155,751? 5 5 . 7555 ’;55,:,55 5 5 . 7555 it turns ’;55,:,55 55 5 . 7555 it turns into i political you can - it is you can. it is a it has moved by the debate from

been moved by the debate from business to political and that was not his intention. . not his intention. but of probably not his intention. but of course he says it is all about asian business opportunities, so how could this impact the company, positively this impact the companyrposititlety ‘ negatively? this impact the companyrposititlety ' negatively? i think this impact the companyrposititlety negatively? i think that this impact the companyrposititlety ' negatively? i think that maybe in or negatggly short term there gag or negatggly short term there % be a the short term there might be a slight impact, because the short term there might be a slight - impact, because some he 555 555 have that, he 5555 5555 have that, but hefi have that, but in a fi have that, but in the % have that, but in the long 5 have that, but in the long run ave that, but in the long run i le h “a fi it"? “an 5it it'5l55l5 5it v“ think it will an 5——— 5 — ~ ~ ..-_.,:\.,-5g :.. 24,55 t; 3 5m”? zoo «5-5" the - 50 his image now is on the company. so his image now is like he is abandoning ship — could we see other british companies the ::,: not a 177573, ,z,:,..:,fiy,w,,; , ”x 3,7,,;;;,,,,,,,,; , asia 177573, ,z,:,..:,fiy,w,,; , ”x 3,7,,;;;,,,,,,,,; , the. asia 177573, ,z,:,..:,fiy,w,,; , ”x 3,7,,;;;,,,,,,,,; , the. as to move to can look business age 5.2"; !;>;>l1 5:5.— level-5225 there will be opportunities, so there will be some. i don't know how big the impact will be, but there will be some. eu business expert jorgen muller. the trial has begun of four

former barclays executives on charges of conspiracy to commit fraud, john varley, rogerjenkins, tom gladys and richard both stand accused of making false accusations when they raised billions of dollars from the gulf state of qatar in 2008 as our from the gulf state of qatar in 2008 as oui’ economics from the gulf state of qatar in 2008 as our economics correspondent andy verity reports it is the first time senior bank executives have been criminally prosecuted in the uk for actions taken during the financial crisis. we heard the opening remarks from the prosecutor in this very significant trial. it is the only time that there are having criminal prosecutions or senior bank executives since the financial crisis 11 years ago. and to understand the case you have to go back there. barclays like other banks had over land. its finances banks has safer land; lts fineness we re banks has safer land; lts fineness were threadbare. and it. to were threadbare. and it had to raise in order to so and taking and-takingand and - taking and in money from the government. and in

june, 2008 it-4.4 money from the government. and in june, 2008 it- 4.4 billion june, 2008 it raised 4.4mm in «55 6.8 ———— ~ — — —— ,, june, 2008 it raised liabiijioj; in 351553 6.8 billion ,, , , ,, ,, ,, from investors including the ii 1-51 i; it urn— rich guilt state or rich guilt state at qatar. tiara gas rich gulf state of qatar. now what he didn't disclose to investors according to the prosecutor was the fa ct according to the prosecutor was the fact that unbeknownst to the public it had - secretly some extra it had paid secretly some extra fees qatar in order to invest, in to qatar in order to invest, in million in june and to qatar in order to invest, in million injune and another £280 ‘on. it says ‘ on. it says executives tell the how was the - commission pretended it was the same commission rate they were paying . other 1:52 wasn't 5 5 5 5 1:52 wasn't true, 5 5 1:52 wasn't true, the investors. that wasn't true, the 5557555555 and the ptesecut—et says, afidfig conspirators all ptesecut—et says, ahefie—i conspirators all 55 that htesecut—et says, ahe'fie—i conspirators all 55 that it htesecut—et says, ahefie—i conspirators all 55 that it was a conspirators all knew that it was a lie. the defendants deny the charges. bbc business correspondent andy verity. china's vice president has used an address at the world economic forum annual gathering to highlight the need for a resolution to the trade war with the us. he offered reassu ra nces war with the us. he offered reassurances about his country's resilience just days after data showed the mainland's economy is expanding at its slowest rate in

almost three decades. translation: the us and chinese economies cannot do without each other, this is already a reality, so the conclusion is that the relationship must be mutually beneficial and win—win. cooperation serve the interest of both sides while confrontation harms them. no matter what uncertainties happen in 2019 something that is certain is that china's economy and growth will continue to achieve sustainable growth. india will continue to be the world's fastest—growing major economy this year and next, well ahead of china, and that is according to a new report from the united nations. india business reportjoins us from delhi, devina gupta. tell us what this tells us about the country's standing in the global economy. well, the report is quite confident about the large population base in india, which is driving consumption and inward growth. it says that india could

achieve about 7.6% of growth, and it has given the thumbs up to the recent reforms by the indian government, especially the taxation front, where now there is a uniform tax policy called a goods and services tax. but on the other side it is cautious about the trade war which could hurt the global growth. we have already seen that china has seen the slowest growth in its fourth quarter in almost 28 years. and that could have a spillover effect on the other global economy. but we have also heard interestingly another side of the comment from the imf chief christine lagard who is right now in the world economic forum in davos. she has said that for india the growth could have been faster. there is an agricultural sector which employs almost 50% of the population, where there is a crisis, and more reforms are needed. and that, combined with a high unemployment rate of about 3.8%, could put a halt on the indian

growth plans. still more challenges for the indian government and the overall economy. thank you so much for that update from delhi, the bbc‘s business correspondent devina gupta. facebook has admitted that it needs to regain the public‘s trust after scandals over fake news and users' privacy. nicola mendelson, the social network european boss says it is focusing on removing so—called bad actors from the site. we've actually done a huge amount of work around integrity going back to november ‘16. it is important to remember no—one was aware of the threat in that time. we thought it would be around packing and we were ready for that. but i don't think anyone expected interference from you know different countries coming m, you know different countries coming in, bad actors coming in and getting involved, so we've done a lot of work. one of the main things isjust getting those fake sites off the platform. we don't want that on the platform. we don't want that on the platform. that was nicola mendelson from facebook. in other news making

headlines, french carmaker renault is reportedly preparing to replace its long—time leader carlos ghosn at a meeting later today at according to reports of mr ghosn has offered to reports of mr ghosn has offered to resign and the company is calculating his final pay—out. he remains ina calculating his final pay—out. he remains in a tokyo prison after his arrest on accusations of financial misconduct at japan's nissan. arrest on accusations of financial misconduct atjapan's nissan. he has denied any wrongdoing. us fast food chain taco bell says it plans to double its international footprint in asia. the brands subsidiary aims to bring it store count outside of the us to over 500 units this year, and more than double that over the next few years. taco bell retreated from singapore in 2009, but returned to japan from singapore in 2009, but returned tojapan in from singapore in 2009, but returned to japan in 2015 after withdrawing in the 19805. it is all about market timing. all right. p quick look now at the markets. as you can see, it

is currently a mixed bag. for the asia pacific markets, the nikkei 225 lacklustre, down just four points, but we are seeing some game for the all ordinaries index, gaining 18 and the hang seng index, minimal gains, higher one fifth of 1% after us stocks finished overnight, but small gains as the partial governments shutdown in its second month continues to worry investors, the dow, snp and nasdaq all in the black. thank you so much for investing your time with i i'm ifwestihg v9 rt'me w'h‘ ...-_ i'm = rico hizon in singapore. sport today cho hizon in singagore. sqort todg¥ coming i next. more now on our top story here in the uk. the home secretary, sajid javid, says he'll seek the swift extradition of a man who's handed himself into police in georgia six months after he was sentenced for killing a woman in a speedboat crash on the river thames. jack. shepherd was fdundgdfttr-

of charlotte brown. sarah campbell reports. there had been rumoured sightings of him as far afield as turkey i was involved in a tragic accident in 2015, in which a lady called “ht“ “he “55‘s" hh h'e "he'll“? charlotte took this footage on her mobile phone. they had been drinking. he let her take the controls. the boat crashed and overturned. both were thrown clear of the speedboat, ending up in the thames, at this section of the river in south—west london. they were rescued but charlotte later died in hospital. neither of them was

wearing a life jacket. shepherd, who's now 31, was arrested but fled before his trial at the old bailey even began. he was convicted in his absence of manslaughter by gross negligence and sentenced to six years in prison. since her death in december 2015, charlotte's family have campaigned for the fugitive to be brought tojustice. just yesterday, they met with the home secretary, sajid javid, who told them all necessary resources would be available to find him. broadcast this morning, charlotte's father appealed you've caused our family a lot of harm and devastation. but really, you needing-leek and atone for the damage that you've done. today, shepherd said handing himself in was the right thing to do, adding that he found it hurtful there was a suggestion in the press

m 1; he doesn't seem to have grasped that fact, and he's still acting like emily is he with the rest of day's in 15 like emily is he with the rest of day's - in 15 minutes' time. now on bbc news, sport today. see you soon, goodbye. hello, i'm will perry.

this is sport today, live from the bbc sport centre. coming up on the programme: hopes of finding the cardiff city player emiliano sala and his pilot are fading, as the search is called off for a second night. serena williams is out of the australian open, despite having four match points in her quarter—final. and james anderson takes four wickets on the opening day in barbados, with the first test between england and the west indies in the balance. hopes of finding the cardiff city footballer emiliano sala alive faded on wednesday, as the search for the light aircraft that went missing over the channel islands was suspended for a second night. rescuers says chances of sala or the pilot being found