this is business live from bbc news with samantha simmonds and tim willcox. the boss of boeing apologizes to victims‘ families, to airlines and to the travelling public in his first interview since the two fatal crashes that have grounded the 737 max around the world. live from london, that's our top story on thursday 30th may. the boss of boeing says the plane maker is committed to safety but admitted that the 737 max accidents have "damaged public trust in flying". we'll see part of that interview in a moment. and ramping up the rhetoric on trade — a senior chinese official has accused the us

of "naked economic terrorism". and the markets in europe are all opening in positive territory. and we'll be getting the inside track on permanent make—up, or cosmetic tattooing, covering anything from shaping eyebrows and lips, to treating skin injuries caused through burns or cancer treatment. and 56 may already be available in some parts of the world and it launches today here in the uk. do you plan to invest in a 56 phone? and if you already have it where you live, has it made a difference? let us know, just use the hashtag bbcbizlive. hello and welcome to business live. we start with boeing and the crisis surrounding the 737 max because the boss has been giving his first interview since the two fatal crashes that have led to the plane being grounded

around the world. speaking to cbs news, denis muilenberg apologized to the families of the 346 people killed in the lion air and ethiopian airways crashes. and he admitted the accidents have "damaged public trust and confidence in flying". on wednesday, the international air transport association said a global ban on the planes by regulators is unlikely to be lifted before august. boeing has already scrapped its financial forecasts for this year and said the crisis has so far cost it a billion dollars. but that could just be the start. according to one estimate, 1.5 billion dollars in lost revenue and compensation to airlines for each month the ban goes on. that is actually being incurred. compensation to families and potentialfines could run to billions more, although the plane maker's insurers will be paying for that. boeing is a huge us manufacturer and exporter and some economists think the 737 ban is now starting to impact us economic growth. wells fargo bank estimates it will take a fifth of a per cent off

gdp growth for the current quarter. here's what the airline's boss, dennis muilenburg, told cbs news. we cannot change what happened in these accidents. we cannot change what happened in these accidents. we can be absolutely resolute on what we are going to do on safety going forward. so i am sorry for that, we apologise to the families affected. we apologise more broadly to the travelling public, confidence has been affected. people are scared of flying. we have impacted airline customers. we regret that as well. and so we are stepping up, we are taking responsibility, we know we have improvements we can make, we will make those improvements and we are committed to safety for the long run. bbc‘s transport correspondent tom burridgejoins us now. we have not seen the whole of the interview, it has not been released, but how far did he go? in the coming hours we will see more of this

interview. one aspect which is interesting is for the first time boeing has admitted that mistakes we re boeing has admitted that mistakes were made in the manufacture of this aircraft. it relates to a warning light in the cockpit. that warning light in the cockpit. that warning light basically should have been there to flag up a discrepancy between two sensors on the aircraft. those sensors were linked to the two crashes. the ceo has admitted that warning light should have been on all of the plains and it was not an boeing knew about that in 2017 and they did not tell the regulators for two years after that. the implication of that software, he said we did not do that correctly and our communication on that was not what it should have been. there are multiple lawsuits, three more are multiple lawsuits, three more are coming tomorrow and from families and the victims on board

theirflights. in families and the victims on board their flights. in the context of all those lawsuits, the ceo has to be incredibly careful. it is interesting he made that one admission. central for boeing is trying to get the 737 max back—up in airand it is trying to get the 737 max back—up in air and it is costing them millions of dollars. how likely will that be in the future? the physical work to correct the anti—stall system, the flight correct the anti—stall system, the flight control system, which was linked to both crashes, the physical work has been done. this idea that everything is going completely smoothly between international regulators, us regulators and other bodies as well and european regulators, is not quite the picture. i am told by a former test pilot from boeing with close links to the company who said a meeting last week with regulators and boeing was not plain sailing. one sticky note is what training should be

mandatory for pilots on the 737 max onceit mandatory for pilots on the 737 max once it is back in the air? if the pilot is already trained on the previous model, what training should they have had previously? before the crash it was simply atoned to have oui’ course crash it was simply atoned to have our course and crash it was simply atoned to have oui’ course and an crash it was simply atoned to have our course and an ipad. i know pilots who did that in their living room. one theory is that pilots should be trained on simulators and that would be difficult because there are not that many simulators around the world. boeing wants to avoid mandatory simulator training but the regulator seems to be pushing for it. but the regulator seems to be pushing for it. let's take a look at some of the other stories making the news. malaysia's prime minister mahathir mohamad has come out in support of the embattled chinese tech firm huawei, bucking a global trend prompted by security concerns and a us ban on the company. speaking at a conference in tokyo, mr mohamad acknowledged the security concerns but said it would not deter his country from using huawei products. uk car production collapsed last month in the biggest fall since the global financial crisis

a decade ago. according to the society of motor manufacturers and traders, production slumped 4a.5% in april compared with the same time last year as uk carfactories braced for a possible no—deal exit from the european union on march 29th. telecom firm ee switches on the uk's first super fast 56 network today. it will be available in six major cities with plans to reach 1500 sites by the end of the year. rival vodafone has confirmed it will launch its own service in seven cities onjuly 3rd, with another 12 by the end of the year. we wa nt we want to know if you have got a 56 phone and if you are thinking of getting one, tell us why. have you got one? not yet. not yet. tensions between the us and china seem to be growing. a senior chinese official has ramped up the rhetoric in the trade war,

accusing washington of "naked economic terrorism". sharanjit leyl is in singapore and can tell us more. how is it looking? it is not looking great as you can imagine because of this tough rhetoric from the chinese. they are hitting back at the escalating trade war between the two countries. china's vice foreign minister said that deliberately provoking trade disputes amounted to naked economic terrorism, tough words. all of this is not having a positive impact on financial markets across the world. they have all sold off sharply after beijing signalled a readiness to try to strike back at washington by restricting exports of rare earth elements. it would hit american companies involved in electronics, car production, defence, it is used in everything from smartphones and a number of electronic devices. analysts are

saying china handles 80% of us imports and high—tech manufacturers would see their profits crippled as a result. all of this is coming after the trump administration raised the stakes in the dispute by increasing us tariffs on $200 billion worth of chinese goods to 2596 billion worth of chinese goods to 25% from 10%. china essentially is looking to retaliate. there is very little they can do because they have got $60 billion of tariffs on us imports that are due to take effect this weekend, but there is a lot more the us can do, so this is a way for china to hit back. thank you very much. thank you very much. asian stocks tracked wall street losses as the latest exchanges between beijing and washington signalled the heightened risk of a prolonged trade war, stoking investors‘ concerns about the impact on global economic growth.

the nick a and the hang seng closed it down. the nick a and the hang seng closed it down. european stock futures were higher in early trade, trimming some losses after falling sharply yesterday. concerns over italy's fiscal situation also added to investor gloom, with the european union warning italy over its soaring debt yesterday putting brussels on a collision course with italy's far—right coalition government. and samira hussain has the details of what's ahead on wall street today. the ride hailing company uber will be reporting earnings on thursday. this will be their first quarterly report since becoming a publicly traded company. unsurprisingly, investors will be looking out for more details on the company's numbers and of course there aren't any indications on future profitability. given uber‘s competitor lyft has forecast that its losses would peak this year, uber investors will be keen to hear if uber has any strategies up its sleeve.

also happening on thursday, us vice president mike pence will travel to ottawa, canada, to meet with prime ministerjustin trudeau about accelerating the ratification of the new trade agreement between the united states, canada and mexico, known as us mca. joining us is emma—lou montgomery, associate director for personal investing at fidelity international. good to see you. let's look at currencies, the pound where it stands against the euro. it has been a terrible month for the pound and it does not look like it will get better soon. the threat of no deal at the brexit stage is seen as something negative for the pound. you might say after seeing the european elections as a pro brexit vote, that is factored in. but as

long as there is a no—deal brexit there, it is bad for the pound. and we have got an election of a new leader up to the 31st deadline. sterling will be heading lower for the time being. not bad for people travelling abroad for summer holidays. it is bad timing. let's have a look at the country's largest rail operators breaking up. this year losses have been trimmed back substantially, but they have had to agree to split up the business. they are looking at selling off those iconic stagecoach long—distance busesin iconic stagecoach long—distance buses in the us. they are talking about selling off the uk bus business which is what it started out as an what it has always had. it isa out as an what it has always had. it is a reshape of the company, but it is a reshape of the company, but it is common at the moment. companies have to focus on what they are not good at and not be jack of all trades. what was the reason? it was

a build—up of all the losses and a case of trying to run too many businesses and not having a tight enough grip on all the finances. we will be back with you a little later. thank you. thank you. still to come... we'll be getting the inside track on permanent make—up, also known as cosmetic tattooing. i don't know why i'm looking at you! it covers anything from shaping eyebrows and lips, to treating skin injuries caused through burns or cancer treatment. it has changed a lot in the last 15 yea rs. it has changed a lot in the last 15 years. you're with business live from bbc news. car production fell a massive 4a.5% in april as car production stalled while the industry prepared for a no—deal brexit. that's according to the society of motor manufacturers and traders. nearly 57,000 fewer cars

were produced as factory shutdowns rescheduled ahead of the march 29th brexit deadline took effect accross the uk. but the special circumstances can't hide an 11th straight month of decline, so what's going on with the industry? emma butcher is from the smmt. welcome. take us through these figures. in aprilwe welcome. take us through these figures. in april we saw a very exceptional month, we had those shutdowns, maintenance shutdowns, moved forward from august to april to mitigate for disruption around what might happen if brexit happened on the 29th of march. clearly that did not happen, so we have stopped production for no reason and now we look ahead to the 31st of october and we are unable to move shutdowns back again. that uncertainty persists. as you say, brexit is just

one challenge the industry is facing at the moment. there is slowing growth in key international markets, slowing growth in europe, asia, china specifically, and the us as well in aprilfor china specifically, and the us as well in april for uk china specifically, and the us as well in aprilfor uk car china specifically, and the us as well in april for uk car production. we are also facing the challenge of the technology race, so manufacturers are very keen to invest huge amounts of money into electrification, new autonomous technologies. it should be exciting times, but instead we are facing a huge distraction that is brexit and it is soaking up an enormous amount of cost. very briefly, and no deal scenario is unlikely, but if it happen, you would have to continue production and deal with that at the same time. you cannot have another close down, can you? absolutely, no, holidays have been move, workers have had to change their plans, a huge amount of logistical work goes into planning shutdowns and that

will not be possible. the uncertainty of what might or might not happen on the 31st of october is a huge worry. it is having a dramatic impact. we are seeing investments told in the uk. we must leave it there, thank you very much for bringing as up—to—date on the picture with car production. for bringing as up—to—date on the picture with car production. your're watching business live, our top story... the boss of boeing apologizes to victims‘ families, to airlines and to the travelling public in his first interview since the two fatal crashes that have grounded the 737 max around the world. a quick look at how the markets are faring. the european markets are all in positive territory. now, let‘s get the inside track on permanent make—up, which is becoming just as routine in the beauty world as having a pedicure.

is it really? that is news to me! that is news to me! the procedure involves adding permanent colour to features of your face and sometimes to your body. also known as cosmetic tattooing, it can cover anything from shaping eyebrows and lips, to treating skin injuries caused through burns or cancer treatment. well, one person who‘s at the forefront of this treatment in the uk is makeup artist karen betts, who‘s the founder and ceo of nouveau beauty group. she‘s joins us now. let‘s start with the make up side of things in terms of one‘s personal vanity and then move onto cosmetic reconstruction. how prevalent is now? bald men having ink dots rather than hair transplants? basically permanent cosmetics can be bald men having ink dots, but it is not all about ink dots, it is about looking natural. but the popular treatments we do is mainly for cosmetic

purposes and eyebrows. we planned small particles of pigment in the eyebrow area and this mimics the illusion of natural hair strokes. if anyone has no eyebrows or who has plucked their eyebrows, or who has alopecia, we can give them eyebrows that looked really natural and we give them confidence again. tha nkfully give them confidence again. thankfully for me my persian eyebrows a re thankfully for me my persian eyebrows are not going anywhere. but lots of people have this issue. what would put them off, i expect, is the fear of something going wrong, of them not liking it when it is done. how do you allay those fears and fix it if there is a problem? people have to make sure that they look for the right technician. there are a lot of people out there doing this treatment, but basically there are people doing two days training and thatis people doing two days training and that is where we get involved. how regulated is it? there have been a

lot of problems with implants in the last few years. basically people are not getting adequate training. we do 46 months of training and the regulations, we have a strict guide on what we need to do. we teach everybody to be at level four and the guidelines are from the local authorities. they have to have a licence. we go through things very strictly. can you fix it if something goes wrong? it is a tattoo, isn‘t it? something goes wrong? it is a tattoo, isn't it? it is a form of tattooing, and we want to make sure that you get a great technician to start with so you don‘t need to fix it. but there is laser and other treatments where you can tweak and change the shapes. what about victims of burns where people have had skin transplants? how common is that? i work on a lot of burns

patients. what we do is put their eyebrows back. i work with katie. she is an acid burns victim and is well known in the media. any type of scar, and we give them the gift of confidence and it is very successful. have you got any? yes, i have, small tweaks on my eyebrows, my eyes and my lips, but i where conventional make up as well. this does not replace conventional make—up. does not replace conventional make-up. what have you done to your lips? i have added some colour in there. you can put colour dye into your lips? yes. are your lips normally blue? we give depth and colour and volume to your lips. what inspired you to get involved in this industry? many years ago i had a

friend who had breast cancer and at that time i owned my own hair and beauty salon. i rented one of my rooms to a tattoo artist. i went into his room and i asked him to show me how to use a tattoo machine and then without any training i tattoo her eyebrows. with no training, buti tattoo her eyebrows. with no training, but i am a make—up artist. we don‘t advise that now. i tattooed her eyebrows. after i had done it i gave her so much confidence. i knew that i needed to do this for everybody. clearly passionate about the way you do. absolutely. thank you for telling us about it. interesting. 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 with all the day‘s business news as it happens on the bbc‘s business news page. there is an analysis from our team of editors right around the globe. we want to hear from you and get involved on the web page. we are also on twitter and you can find us on facebook. business live, on tv and online, what you need to know and when you need to know it. we have been asking you what you think about 5g and if you what you think about 5g and if you have hooked up to it yet and hasn‘t a difference? it is already in the middle east. one person says, my same card has not reached me yet. dan says every generation has been well worth upgrading to.

keep your thoughts coming in and we will read a few more out before the end of the programme. let‘s have a look at the papers. joining us is emma—lou montgomery, associate director for personal investing at fidelity international. two stories in particular. disney might not be able to carry on film production in georgia because of this rising tide of abortion law change in america. is that because of the crew members in the productions or the tax incentives that tv companies get? the incentives attract them there because 30% go and fill in georgia. that is why it is that‘s a magnet forfilm and that is why it is that‘s a magnet for film and tv companies, but that is why it is that‘s a magnet forfilm and tv companies, but i think this is a reaction to the fact that disney has to accept some of its staff will feel uncomfortable about this and will not want to work ina about this and will not want to work in a country that has those stringent laws. it is interesting it

has taken a while for quite a few of these companies to come around to this and i think there were some commentators suggesting it works for them financially so they do not want to shift it, but disney has come out and said we are at the forefront of this if the abortion laws are enacted. netflix is moving in that direction as well. others have said if we pull out, the workers will lose out. thousands of people rely on this massive industry. it is a double edged sword. exactly. so many people in georgia rely on this and when you think about the big films filmed there, big money goes into georgia. maybe these companies can put pressure and say women‘s rights and have an influence there. let's have a look at the story in the financial times about kpmg. it says

they have lost several veteran female partners over a male colleague was my conduct. tell us about this story. these two very high flying women who have got 30 yea rs high flying women who have got 30 years experience between them within kpmg have apparently been allegedly bullied and they have both left the company on gardening leave at the moment. it is worrying to hear that something like this is still going on now. deloitte has lost people as well and kpmg has lost several directors in the past few months. yes, the focus is on getting women into the boardroom. only about a fifth of the people on the boards are female anyway, so they don‘t wa nt to are female anyway, so they don‘t want to be losing women, they want to add them and they want cultures that are nice for women to work in. i know people in other big accountancy firms who want the culture to change because it is not moving with the times.

lovely to see you. that‘s it from business live today. there will be more business news throughout the day on the bbc live webpage and on world business report. we‘ll hear more about tim‘s permanent make—up! it is already a very warm and muggy start to the day, but we have got a lot of cloud at the moment with rain and drizzle in the northern part of the uk. but for all of us it will be much warmer than the last few days. bright spells across england this afternoon, but northern england, northern ireland and in scotland there will be rain, particularly in central southern scotland. chile far north, about ten or 11 degrees, elsewhere widely up to 20 or 23 degrees. it will be quite muggy with those temperatures as well. tonight we will continue with a lot of cloud

with outbreaks of rain in the north. again it really quite mild into tomorrow morning. overnight lows of 11-14. on tomorrow morning. overnight lows of 11—14. on friday more rain is expected in the north and the west. over the weekend it will be largely dry and much warmer.

you‘re watching bbc news at nine with me, annita mcveigh. the headlines: university tuition fees in england should be cut to £7500 and maintenance grants to support the poorest students reinstated, according to a government—commissioned review. we looked very hard at the way that higher education is funded. we feel that the benefits accrue certainly to the individuals that go there but also to the state, to the economy at large, and we felt it right that the cost of that should be shared. but the recommendations could also see graduates paying back loans through most of their working lives. we‘ll be hearing from theresa may about the new plans in around half an hour‘s time. at least seven people have

died and 19 are missing