so relaxing. you‘re watching bbc news at 9 with me, annita mcveigh. it is, isn‘t it, i could almost fall the headlines... theresa may heads back to brussels asleep. but, then, you are next to to ask the european union this is business live me so to extend the brexit deadline from bbc news with maryam moshiri asleep. but, then, you are next to mesoi asleep. but, then, you are next to me so i could never do that. i mean and ben thompson. the brexit dilemma — you are exciting! moving swiftly until the end ofjune. on... we will talk about some of the what could be months of more the key with any delay is we are what could be of more stories in the papers. including able to terminate it once we ratify, that one. george has rejoined us. in order that we can then get on and uncertainty mean for business? live from london, that story i mentioned earlier, the get a deal through parliament, that's our top story twitter chief executive jack dorsey ratified that agreement and leave the eu. was paid $1.a0 last year, why? on wednesday the 10th of april. but in a letter to eu leaders the council president twitter chief executive jack dorsey was paid $1.40 last year, why?‘ is recommending they back a longer, number of high—profile us chiefs... i would say, this guy isn‘t going more flexible delay to brexit hungry, he has billions of stock. if we extend it for a number of i would say, this guy isn‘t going hungry, he has billions of stocklj beg to differ, read the rest of it! months, or perhaps for a year, it prime minister theresa may heads to brussels to i thinkjp‘s cars, the ceo of does give the united kingdom request a brief extension, amazon, he gets the same salary as certainty and time in which to deal but the eu is expected to offer with the ratification process. something much longer. we'll be finding out how it's israel‘s prime minister bejamin impacting businesses. netenyahu looks on course to win also in the programme... an historic fifth term — boeing's legal battles over the 737 when he set up the business —— jeff max intensify after shareholders after elections ended in a dead heat file a lawsuit against the company. bezos. the well‘s richest man, give ortake, so us bezos. the well‘s richest man, give or take, so us ceos seem to have european markets are open and they gone down this route, share the are looking pretty flat. spoils then the business. it is also

and a problem shared saying essentially what they get is a problem halved — we'll get the inside track paid in salary as a token amount on improving mental health because they have stock options, with one firm that provides benefits, all of the trappings that wellbeing support around the world. come with being the chief exec, so they don‘t need a monthly salary and as tourists flock to japan to see going in their paycheck. exactly, it nature's amazing display of cherry blossom, isa going in their paycheck. exactly, it is a gesture but i am sure it is it's giving a massive boost to the japanese economy. well received. let's talk about so, today, we're talking travel — how far have you gone cherry blossom, not in terms of how to see something you love? let us know — just use beautiful it is, because it is, but in terms of how much money you can the hashtag bbcbizlive make in terms of the economy if you have a beautiful, natural event happening which brings tourists. in japan, this is the twitter question as well, they added $2.7 billion to i have to go as far as the studio to the economy last spring season see ben thompson, who i love a very, purely through tourists going to see the spring blossom so we asked very much. do send at those tweets viewers to tell us how far they will to see something beautiful within coming. eu leaders are set to hold nature. i don‘t know if you have an emergency summit in brussels later today to decide been anywhere stunning? speaking of whether the uk's membership should be temporarily extended to allow the lake district in early autumn, for more brexit negotiations. you are ha rd—pressed the lake district in early autumn, you are hard—pressed to find as it stands, the uk is set to leave anywhere as beautiful in the world. on friday at 11pm london time —

some of the comments you centres, that's just over two days away. thank you for sending them. maria, you sent a picture, thank you for prime minister theresa may has asked the eu for a short extension sending this, you went all the way until the end ofjune. to australia to cuddle a koala. it it's thought the european council was a dream come true, thank you for president, donald tusk, sending that. we have had jerome saying i would is looking at offering a i2—month flexible extension — walk five minutes to see the sunset where the uk could leave earlier over the river thames. sunset over once parliament ratifies a deal. new broadcasting house isn‘t bad. but the changing timetable we don‘t get away from here much. is making life increasingly difficult for businesses. nicola says the co2 trade—off offers jaguar land rover has shut down its production line this week because of the uncertainty too much. i guess, depending on surrounding brexit and many firms where you want to head in the world. say they are working in the dark. keep those comments coming to hashtag business life. adequately, let‘s talk about uber‘s ipo, it let's pick up on that theme. nicole sykesis could be one of the biggest. they let's pick up on that theme. nicole sykes is with me, head of eu have to get out while the market are negotiations at the cbi. it is willing to accept these loss—making interesting, short delay, long delay, it is a delay nonetheless and business has said that one thing we tech companies, we had lyft, big don't want is a delay, we want to high—value valuations, and oboe know what is happening and they continues to lose money and will won't hear anything anytime soon. we continues to lose money and will continue to do so. you don't sound are not living in a world with

perfect options but if businesses that excited. i'm a value investor, are pushed, would you rather a delay it is the opposite end of the oi’ are pushed, would you rather a delay or no deal and 88% of cbi members spectrum to what i do so not really my role of expertise. george, thank say they would prefer an extension you very much. george godber. that to no deal, that is so serious no deal is. we would love parliament to is it from us today, more news get on and sort out a deal but, throughout the day, including more ultimately, yes, let's have an on those brexit negotiations as we extension in order to avoid a crash get more details. that could happen if we didn't. so bye— bye. short or long extension, what works better for your members? it is one of those can be have it as short as good morning. yesterday in southern possible and as long as necessary, please? realistically, a series of parts of england, south wales, had quite a bit of cloud, there was some short rolling extensions would be rain but today should be an improved problematic, with companies having picture across southern parts, lots to re—on leases for their of sunshine today but again it is warehouses, jaguar land rover are shutting down production because of going to feel on the chilly side. this is the weather front that uncertainty, what that means i have to do it again if no deal comes up a brought all the cloud and rain across the south yesterday. it is second time, a third time, a four clearing away. a few sharers in the time? it makes ongoing uncertainty far south—west at the moment but really quite difficult. were there high—pressure centre near scandinavia camping things to bea really quite difficult. were there to be a pause, let's take a year, relatively settled —— by keeping let's ta ke to be a pause, let's take a year, let's take a breath and if we sorted out, we can move faster, i think things. this morning, the cloud that would probably be easier for clears away from the sand, plenty of businesses to cope with. you can see

sunshine developing here, a bit of cloud moving into north—east why this is so frustrating. i have england, north and eastern parts of been travelling around the uk and scotland, so quite cool here but the meeting businesses and asking what they were doing. one firm last week east and north easterly wind right was stockpiling because they simply across the uk bringing this colder don't know what will happen, they airfrom scandinavia, import supplies from china, south across the uk bringing this colder air from scandinavia, maximum temperatures struggling again at america and they said even though it is not subject to eu trade rules, about 9—12, perhaps 13 celsius. clearly there is concern and they are having to tie up all this money through tonight, we will continue with a bit of cloud affecting in stock that they are not getting eastern parts of england, north and any money back four. that means they eastern parts of england, north and east of but for most of us with inevitably are putting off clear skies tonight, it is going to investment and hiring decisions and turn really quite chilly. you can could cause a huge problem down the see the blues on the map, we have line. yes, we have seen billions of widespread frost for england, wales pounds put into contingency planning and up into scotland, temperatures is, billions of pounds that could have been spent on creating jobs and at or below freezing but the frost will clear away pretty quickly growing businesses. the imf said thursday morning, more sunshine yesterday that if there is no deal, expected, a bit more cloud again across eastern and northern parts it could lead to a recession. the drifting in but, even there, some concern in the business community is brighter skies. the best of the so concern in the business community is so high, they are really, really worried and they are not seeing sunshine across wales and western areas of england and again, those anything from their politicians and so anything from their politicians and so they are saying, ok, the imf is temperatures on par with today, making big concerns and warnings around nine or 13 degrees. the end

of the week, high pressure is still like that, you didn't have an opportunity to vote against the centred toward scandinavia. what it financial crisis and you do have an does is blocks these rain bearing weather systems from coming in from opportunity as members of parliament to vote for a deal and avoid a the west so during friday, more fine really serious consequence for us to and dry and settled weather, more end the uncertainty, please go on and do it. it is certainly one we sunshine in the forecast, a bit more will all be thinking about. thank cloud again across these eastern you, nice to see you as always, areas but even here, there will be some sunny spells from time to time nicole sykes from the cbi. let's take a look at some of the other and maximum temperatures eight or stories making the news. nine celsius, 10—11 degrees, perhaps uber is reportedly looking to sell around $10 billion worth of stock when it goes public later this year. a bit chillier on friday, that would make it one temperatures below average for the of the biggest initial public time of year because the air as been offerings for a tech firm ever. coming in from scandinavia with the the ride—hailing app is expected to register area of high pressure but into the the floation on thursday. weekend, we have this finger of the flotation on thursday. airbnb has scrapped its policy of not listing properties in the israeli—occupied orange starting to try and move in west bank. the holiday rental site was strongly towards western areas but that will criticised by israel and faced also bring in a little bit of rain, a number of lawsuits after it made i think, towards northern ireland, the decision last november. western areas of the uk. generally airbnb now says it has settled all the legal cases — over the weekend, it stays dry with adding any profits it makes some sunny spells. bye—bye. in the west bank will be donated to humanitarian causes. shares in australian casino crown resorts have fallen around 10%

after us casino giant wynn resorts abruptly ended takeover talks. the american company is the world's second—largest casino operator and had proposed a buyout valuing crown at $7.1 billion. wynn walked away from the deal after details of the offer became public. more trouble for boeing — its shareholders have filed a lawsuit against the company over the now grounded 737 max airplane. the airline's market value tumbled by $34 billion in the two weeks following the ethiopian airlines crash in march, which killed all 157 people on board. james brauchle, an aviation attorney at motley rice explained how they could sue the airline. so, the shareholders have filed a securities fraud action against boeing and, just to boil it down, basically what they are saying is that boeing hid the safety

problems from their shareholders and therefore the shareholders were unaware of these problems and, because of these problems and the crashes, as you mentioned in your opening, the stock prices have tumbled billions of dollars, meaning the individual shareholders have lost a lot of money. they would be entitled to try to recoup those losses, so you are talking, in this case, millions or even billions of dollars. do they have a strong case? i think they do based on what we know so far. obviously, it's going to really depend on what boeing knew about this safety problem and when they knew it. that was the lawyer for some of the victims of that plane crash. let's ta ke victims of that plane crash. let's take you through what asian stocks have been doing. they dropped because we have had trade tensions between us and europe having an

impact on investor confidence because they fear the trade tensions could become a wider trade war. also generally worries about the health of the global economy playing on investors‘ mines. european stocks at the moment look like this, managing to keep their heads above water. of course, the same issue over us and european trade, worrying investors. in london, tesco has seen the share price up around 1.45% after profits we re price up around 1.45% after profits were out 28% up, so good news. samira hussain has the details of what‘s ahead on wall street today. on wednesday, the federal reserve, america‘s central bank, will release the minutes from its last meeting back in march. now, at that meeting, the committee members decided not to raise interest rates and that wasn‘t a surprise, but their members also voted to really abandon all plans for future hikes this year. us air carrier delta airlines be recording earnings and the higher demand and travel is expected to have boosted profit and revenue for the second largest airline in the us.

and, finally, in economic news, inflation data from the labour department is likely to show that consumer prices rose 0.3% in march, compared with a 0.2% increase in february. semi in new york with all of the details about the day ahead on wall street —— samira. joining us is george godber, a fund manager at polar capital. let‘s pick up on the theme of the trade was, we are so used to know talking about the us china trade what i know we have europe in the middle of this, it is all sorted interconnected. it really is and you have seen us exports into china plummet and is donald trump‘s reaction to making threatening noises to the eu in part because, you know, he is now turning his attention to europe picking up the trade benefit. there is a three—way triangle going on, will the cost of the us china trade deal be china

buying more from the us and less from europe and, so, that is i think in part behind the statements released behind the eu in china yesterday. it is interesting when we get to the point, the criticism sometimes of trump is that he‘s all talk and no action, lots of rhetoric and he gets what he wants just by talking about it. in this case, you can see a real financial impact. yes andi can see a real financial impact. yes and i think what will pan out from here, we will get some form of a resolution, it is clear he wants to run the us economy heart into the 2020 election, that is what he sees as his best calling card, this is the positioning ahead of that and some sort of resolution in china will help america. let's bring it back to brexit, it is obviously a big week. we have been talking about what further delays mean and what businesses think that financial services are key. you i believe had the euro 500 ceos last year, what we re the euro 500 ceos last year, what were they saying? again, a similar

message, frustration around the process and a lack of understanding around things like people saying no deal doesn‘t matter and you quite understandably have chief executive saying i don‘t want to face these levels of tariffs and labour is a real problem in my business, it is not something i can magic away. it is what business craves, they do wa nt is what business craves, they do want a deal. if you look at business investment in the uk, it is down 20% in real terms from the referendum, so in real terms from the referendum, so that means if we get some form of an unlock, the uk is going to see an awful lot of activity and i spoke to chief executives last week who said iam waiting chief executives last week who said i am waiting to sign the deal and 20 trucks to be released. business is going well but i don‘t want to do it just yet. that is a consistent message, whether it is big or small companies, they are spending 75% of their time on planning for something that may or may not happen and it is a lost opportunity for business right now. isn't itjust? george will be back to talk about some of the papers in the stories, including

white twitter paid the boss just $1 40 white twitter paid the boss just $1 a0 in salary last year, we will explain later. still to come a problem shared is a problem halved. we‘ll get the inside track on improving mental health — with one firm that provides wellbeing support around the world. you‘re with business live from bbc news. supermarket giant tesco has reported a 28.3% rise in profits — coming in at £1.67 billion in their full year results. sales in uk and ireland rose 2.9%. thomas brereton is a retail analyst for global data. good morning. a good set of figures from tesco. yes, really good, they set out their targets a while ago about raising that operating margin and it is almost done it, a year earlier, dave lewis, the ceo, very

impressive. and yet at a time when we are told it has never been more competitive, sainsbury‘s and asda vying for that tie—up to try and deal with the competition from the low—cost rivals, we have seen the low—cost rivals, we have seen the low—cost rivals, we have seen the low—cost rivals eat into market share, we have seen the m and s and ricardo deal potentially go through, it isa ricardo deal potentially go through, it is a tough time to be a grocer —— ocado. if you are tesco, you are being attacked on all sides and struggling to keep up with the online specialists like ocado but you have the discounts, algae and lidl, still expanding and looking to expand, so it is difficult to see a way through —— aldi. expand, so it is difficult to see a way through -- aldi. so what could potentially be the way forward for tesco now? tesco have a lot to be happy about, obviously the numbers show that this morning and with sainsbury‘s and the asda merger, the merger has kind of been essentially put off by the cma, but tesco should

be looking to win on that and sainsbury‘s had quite a poor christmas, whereas tesco had quite a good one, so they should be looking to keep their day—to—day operation. thank you for coming on the programme. big news to bring you from the world of transport in the uk, stage kos, one of the big franchise operators of the uk rail network being effectively barred from the next stage in their bid. this could remove the firm from the west coast mainline —— stagecoach. it could also see the end of virgin trains as a brand in the uk, because you will know that it also lost the east coast franchise, having to hand out back to the government for operations last year, so this is quite a significant turnaround. as you can see, it is all related to funding pensions. stagecoach shares this morning were down significantly, around 10%. they have

gained some of that back, currently trading to .a% lower in early trade. -- 2.496. your‘re watching business live, our top story... eu leaders are set to hold an emergency summit in brussels later — to decide whether the uk‘s membership should be temporarily extended. prime minister theresa may has asked for a short extension until the end ofjune, but the eu is expected to offer a much longer delay of up to a year. tackling mental health problems might, in the past, have meant a visit to a counsellor or therapist. but that‘s now changing. keen to embrace a younger generation, many companies are offering online services to help improve mental health and wellbeing. in the uk, a report by national health service in 2017, found that nearly 13% of young people under the age of 19 had faced mental health issues.

the same report found young women aged between 17 to 19 were twice as likely as young men to have problems, with 23.9% reporting problems. one firm that‘s offering help is called big white wall. it was founded in 2007 and offers online advice and help. henryjones is the firm‘s chief executive. hejoins us in the he joins us in the studio, hejoins us in the studio, henry, nice to see you. explain a little bit about how this works because many people will have seen recent headlines, there has been a big push to address mental health problems, particularly amongst young people but your service is very much an online service. big white wall has two service offerings, one is a peer—to—peer, 2a—hour monitored by professionals community that people can get access to to really help talk to each other and what i would call talk to each other and what i would ca ll early talk to each other and what i would call early prevention around mental health issues, and then our other offering is the ability to provide

live therapy online, either text, audio or visual, to counselling, one—to—one counselling. audio or visual, to counselling, one-to-one counselling. and cost wise, if i wanted to use your platform to either use the one side of it, which is to be able to talk to other people or to have a one—on—one therapy is, what would be costly to me? would i have to pay? typically, we —— work through commissioning organisations, we have 78 that users at the moment and they range from national health trusts, so if you are in wandsworth, they provide that her this. —— that service. we work with universities where they have a duty of care to their students, we work for the ministry of defence and we also work for some, i would say, forward thinking private corporations. but if you didn‘t belong to the mod or work for a university that was paying for this, you wouldn‘t have access ? paying for this, you wouldn‘t have access? no. what is interesting when it comes to using this kind of

platform, social media platforms get so much criticism for creating mental health problems. it there a certain irony in using the same technology to help people?” certain irony in using the same technology to help people? i have beenin technology to help people? i have been in technology for a long time and a lot of the news about technology is bad. i think there is a real opportunity for technology for good and i think one of the things that is really interesting, you hear about the impact of technology in community and destroying communities, people are focusing on that but something like the big white wall, we are creating a community that helps each other, the story of a community where stu d e nts the story of a community where students talk about being bullied and other parts of the community stepping in and saying this is what happened to her when she was younger. can you reach more people doing this than face—to—face? does this encourage people to get in touch because it is less scary than walking into a clinic or a practice? it is anonymous, 90% of the people who it use it because it is anonymous and it takes away the

stigma and safety. the other thing is it is a one to many model, so the real challenge with mental health at the moment is supply and demand. this model is one too many, so we have 500,000 registrations —— at 500 registrations and 25 professionals managing it. some would argue that nothing beats being able to sit down with somebody and talking to them, evenif with somebody and talking to them, even if it is through video. what do you say to that? i think for certain levels of mental issues, that is exactly right but i think catching people early, being part of a community and supporting each other isa community and supporting each other is a way that we can stop less demand on the system. so the student being able to talk to someone in freshers‘ way, being alone, away from home for the first time, is a powerful way to stop things escalating and there needs to be focused on that. and it is the escalation that is the issue, it sta rts escalation that is the issue, it starts small and it is a niggling feeling that gets bigger.m

starts small and it is a niggling feeling that gets bigger. if you are left alone for four months and are worrying about it, your problem is a lot worse than if you talk to someone at the beginning and they say this is how i dealt with it, you are not alone, those things make a difference. if people are watching this and they think there is something not quite right, what is the one thing we can all take away? is it putting then your phone, the social media, whatever?” is it putting then your phone, the social media, whatever? i don't think i‘m qualified to answer that question. from a personal point of view, i think the one thing to take away is that the world looks at online and we need to capitalise on that and use technology for good as opposed to technology for bad. we talked earlier about the number of children affected by mental health issues, one in eight under the age of 19 issues, one in eight under the age of19 in issues, one in eight under the age of 19 in 2017. i'm issues, one in eight under the age of 19 in 2017. i‘m not asking you for the answer but what you think needs to be done to help change that? because that is a very worrying statistic. i think a lot of it is around things... it is about

education, reducing the stigma. it is about leveraging solutions to get early intervention. i think big, early intervention. i think big, early intervention. i think big, early intervention. people are raising these issues and i think it is about making sure there is a way they can raise them in a safe environment and deal with them quickly and easily and sensibly and hopefully they won‘t escalate to needing further help. henry, it is really good to see you, good luck with it. henryjones, chief executive of big white wall. now, it‘s spring in many parts of the world and that often means nature bursting back into life and putting on quite the display. it could also help with mental health, getting out and seeing a bit of nature and switching off all of those devices. and the beautiful display is seen injapan, where the cherry blossoms are an annual event, attracting millions of visitors. and that also means a big, financial boost. take a look.