weather for eastern coastal areas, plus still blustery areas for the southern half of the uk. 50 miles an hour on exposed coasts. highs of 2a degrees. this is business live from bbc news with ben thompson and maryam moshiri. talking tough on trade. talks resume in shanghai to solve the us—china trade war. live from london, that's our top story on monday the 29th july. america's top trade negotiators head to china — as hopes fade of a quick deal to resolve the trade war. profits tumble at europe's largest airline — as ryanair struggles with low fares and higher fuel costs.

we and higher fuel costs. will we and higherfuel costs. will have we and higher fuel costs. will have the details. we and higherfuel costs. will have the details. europe markets we will have the details. european markets look like this at the start ofa markets look like this at the start of a big week, another big week for european central bank, will have details on what is moving those numbers. and sweating it for the planet — we'll meet one company that's making activewearfrom recycled plastic bottles. . . and today we want to know about your morning routine. from resisting the snooze button to preparing meals the night before — what are your top tips for a calm start to the day? let us know — just use the hashtag bbcbizlive keep it clean! a calm and relaxing start to the day, certainly not working here! keep those comments coming in. we'll run you through some of the safe ones a little later. but we start the programme with this. we start with the trade war between the us and china, which is perhaps the darkest cloud

hanging over the global economy in recent times. but today — top american officials are heading for shanghai — with talks set to resume between the world's two biggest economies. they're hoping to make progress on a trade war which has seen the us impose tariffs on $250bn worth of goods that china sells it because of what president trump says are unfair trade practices. china has retailiated with tariffs on $110bn of goods the us sells. there's evidence this is starting to hurt america's economy. exports fell 5.2% in the three months tojune — and economic growth has slowed to 2.1% on an annualised basis. meanwhile china is also suffering. its economy has also been slowing over the same period — with growth falling to 6.2% — the slowest in almost 30 yea rs. and the global economy is also being hit — the international monetary fund has again cut its forecast for world growth to 3.2% for this year. with us is duncan wrigley, chief strategist,

everbright sun hung kai duncan, good to talk to you. firstly, let's talk about the point we are at now, we've been here before, the point we've had the two sides getting together to talk trade and nothing really concrete has come of it. what are you expecting this time? not expecting a big deal any time? not expecting a big deal any time soon. trade talks resumed this week. in shanghai. the resumption after talks broke down back in may. the 620 summit got things going again. but frankly speaking, a proper comprehensive trade deal is a long way off, we've had the us election season coming up next year and it will be very difficult for any us president or presidential candidate to run on a pro—china trade campaign mandate. what about perhaps a little bit of a concession here and there? there is a tiny bit of room for manoeuvre without going

fully comprehensive. for sure. at the g20 fully comprehensive. for sure. at the 620 summit president trump and the 620 summit president trump and the chinese president were talking about a possible goodwill gesture —type action, what we are looking at on the us side, some easing of the controls on us companies providing technology to huawei and on the chinese side, some buying of foreign imports from the us, i think those type of steps we could well see at the talks this week in shanghai. up to now huawei has been, it's complicated, the matter, it's muddied the waters somewhat, the privacy and technology aspect of it all. from the us side there is a sort of conflicting interest here with huawei. 0n the one side they see huawei and china as this big, competitive threat in terms of technology and accusations that huawei has you know, stolen some of the technology bit on the other hand, there is a strong us business interest in conducting business with

huawei. white shanghai? interestingly, it's not been located in shanghai, why not vision, what you're reading? two reasons, it has some symbolic significance, that's where richard nixon signed shanghai communicate back in 72. history there. that put the us and china on a path to normalisation of relations and the second reason, it downplays the significance of the talks, instead of being high politics in the capital beijing which makes it ha rd to move the capital beijing which makes it hard to move ahead, shanghai is the centre of business and commerce and makes it much more feasible to have practical, small steps forward. very interesting, duncan, good to talk to you, thank you so much. let's take a look at some of the other stories making the news one of the uk's biggest business groups is warning that neither the uk nor the eu is ready for a no—deal brexit on the 31st of october. the confederation of british industry has published practical steps it says the uk, eu and firms can take to prepare for brexit. yesterday, the minister responsible

for brexit planning says the uk government has now upped the pace of planning for a departure from the eu without an agreement. staying with brexit — the boss of psa — which owns vauxhall — says it could move all production from its ellesmere port factory near liverpool if brexit makes it unprofitable. carlos tavares made the comments to the financial times — which says the move would probably lead to the closure of the site threatening 1,000 jobs. masayoshi son, the chief executive of japan's softbank, says his firm will invest $2 billion in 6rab, south east asia's most popular ride—sharing firm. softbank also plans to help 6rab build a second headquarters in the indonesian capital. europe's largest low—cost carrier, rya nair says its profit in the first quarter of the year fell by 21% despite an 11% rise in sales. earlier, the airline warned fares would fall in its key

summer season this year — blamed on overcapacity in germany and concerns over brexit in the uk john strickland joins us, he's from jls consulting. what do you make of these figures? the figures did not surprise the market, the airline has been guiding that profitability would be done, they've been hit on revenues aside, shares are down as a function of market capacity, rya nair leading shares are down as a function of market capacity, ryanair leading the way in opting put on pressure price downwards, on the other side you will costs are up but internally staff costs, ryanair paying more to recruit and retain pilots in particular. john, good to talk to you. short and sweet, john strickland with the latest on ryanair. let me show you what's happening on the numbers. shares injapan lower in the first session of the new week. some caution ahead of corporate earnings and policy decisions from the bank ofjapan and us. federal reserve later this week. there's of course some expectation,

or indeed hope, that the u.s.china trade talks resume... let me show you what's happening in europe. but it really is a focus on central banks this week. attention returns to the us federal reserve, the bank ofjapan, and the bank of england, after last weeks mixed messaging from the european central bank, which saw the euro, and bond yields have a volatile time. more on what to watch this week injust a moment, but first michelle has the details of what's ahead on wall street today. all eyes are on america's central bank which is expected to cut interest rates this week. most wall street economists view this as a precautionary move. the federal reserve is worried about sluggish inflation and the strain trade disputes are placing on us businesses. speaking of trade, us negotiators return to china for the first round of face—to—face meetings since president trump and xi jinping agreed to revive talks to end the year—long trade feud.

0n the earnings front, apple, 6eneral motors and pfizer are among the big names reporting. this monday though, the one to watch is beyond meat which reports second—quarter results after the us market closed. the plant based us meat alternative has been a big hit with investors and shares are up roughly 900% since going public in may. joining us is laura foll, fund manager of uk income funds at janus henderson investors. 6ood good to talk to, we were talking before we came on air about mergers, lots of different companies getting together, talk me through the trend you are seeing. it's really interesting, you are seeing big deals announced in london this morning, just eat being taken over by takeaway dot—com, dutch rival, very similar rival in the netherlands. and secondly lse, the london stock exchange in talks to ta ke london stock exchange in talks to take over a non— household london stock exchange in talks to take over a non—household name,

essentially a data analytics company most known in the industry and finance for running a competitor to bloomberg. big deals and i think what it shows is there's a lot of money on the private equity, you saw cobham uk defence company and private equity talks last week, a lot of deals, a lot of money sat on the sidelines waiting to do deals and we are starting to see that come through. even in that climate, there isa through. even in that climate, there is a pent—up demand for things like that, the central bank still nervous about what might happen next and will hear, we will hear from the fed as michelle touched on, we heard from the ecb last week of the bank of england and bank ofjapan this week, what are they thinking?‘ of england and bank ofjapan this week, what are they thinking? a big week, what are they thinking? a big week for central banks, the revenues will be around the fed on wednesday, what we expect the bank of england on thursday is very little, a beacon consensus on thursday is very little, a beacon consensus nothing will happen, there isa consensus nothing will happen, there is a feeling it will be 9—0 in favour of but is no news good news in that scenario? you could say

rates are low at 0.75%. i think what we hear from the fed will be the ecb coming up in september, i think there'll be news, they will probably cut rates again from already negative levels. nothing much to hear from the uk but we will hear from the ecb i think in and around september. laura, good to talk to you, come back in a few minutes to talk about the papers. including your morning routine. mine is switching on bbc breakfast to what she. something like that. still to come turning old bottles into clothing... that's our inside track today. an interesting story about how one firm is using recycled plastic to make sportswear. we will hear from the boss. you're with business live from bbc news. hammerson — the shopping centre landlord that owns birmingham's bullring

and the bicester village designer outlet — has swung to a loss of almost 320 million pounds in the six months tojune 30. earlier this year the company said it would sell off £500 million of assets as it tries to cut its debt burden. joining us now is sofie willmott, senior retail analyst at global data. 6ood good morning. an interesting one. we keep being told retail is really tough right now, this would play into that narrative. definitely, the results this morning reflect what's going on in retail at the moment, we've seen plenty of retailers launching voluntary agreements to reduce overhead costs and landlords like this are the ones being affected. the company said its going to be selling £500 million worth of assets, will that make a dent in its big debt burden? i think it's a step in the right direction, moving strategically towards the assets they think will move better like the shopping centres. i think it's the right move. as far as those debts

are concerned, shopping centres have beenin are concerned, shopping centres have been in all the headlines, given how many retailers are saying we want to re—negotiate how much we pay in rent, we want to do a deal with you, come at the front and centre right now, it's a tough time to be a landlord? it is a really tough time, retailers are trying to do what they can to reduce costs and get their business the best chance of success but landlords are really taking the brunt of that so it's a difficult time. ithink brunt of that so it's a difficult time. i think shopping centres are going to be better protected and smaller high streets, retailers are really investing in stores and locations and footfall remains high and smaller town centres. sophie, thank you. let me take you to the business life page, really busy morning, all sorts of things there including news from dominic 0'connell saying the chief executive of the daily mirror group will step

down. news from the team who put together the story with the new boss at the daily mirror but let me take you to this. talking about voxels concerns about its future at the ellesmere port plant, remember it makes a number of cars there, previously been given some guarantees about its future but raising fresh doubt if the uk leaves without a deal, leaves the eu, it could throw that into doubt with 1000 jobs at risk. you're watching business live — our top story — america's trade negotiators head to china — as hopes fade of a quick deal to resolve the trade war. we've been here before it many times. the markets quite rightly, a little bit of scepticism about whether a deal will be done. a quick look at how the markets are faring

now, you may have ditched your plastic straws, gone onto a vegan diet and even started using reusable bottles — all to save the planet — but have you ever thought about your wardrobe's impact on the environment? a recent study by the un found the fashion industry is responsible for around 10% of the global carbon emissions. that's more than the aviation and shipping industries combined. most of these emissions come from making fabrics used to make up our clothes, such as polyster and nylon. well, one company that wants to make clothing more sustainable is nimble activewear. it was founded in 2014 in australia and incorporates recycled bottles into its sportswear. nimble's co—founder vera yan joins us now. lovely to have you on the programme. talk me through what exactly made you start the business, what got you into activewear and interactive are made from recycled bottles? absolutely, i guess the reason for this came from myself and my co—founder, she's my best friend

from high school and it was about six years ago, it was the rise of health and wellness and beauty fitness in australia. there were beautiful boutique gym is popping up, similarto what beautiful boutique gym is popping up, similar to what we are seeing in london at the moment and we were finding that we would be catching up over classes after work and there was a lack in the marketplace of the active wear that we were looking for so we active wear that we were looking for so we wanted something that was functional, didn't fall down, it worked await your sweat but that was beautiful and took us throughout the day. and that's really nimble act of it started. as we went from there, the recycled element has come through in the last two years. you talked and you touched on the fact that mass —— fashion is one of the biggest industries globally, when you have a business you see in scale the pollution that is happening, we started speaking to our development team and design team about how we could incorporate recycled fibres

into our fabrics. right now you can't move for leisure brands, sportswear brands, you turn on instagram or social media is full of people flogging this stuff but is it the one where you think you can stand out because it's got the recycled element and it gives you a unique selling point?|j recycled element and it gives you a unique selling point? i think it definitely helps us identify and keep up with consumer sentiment, i think that's really important in this day and age, is to really hold onto something and identify with the values that your customers are identifying and we see as people become more educated in this space, they are demanding their brands to allow with their values. —— align with their values. would that mean that someone would buy you over someone that someone would buy you over someone else, that someone would buy you over someone else, say that someone would buy you over someone else, say you that someone would buy you over someone else, say you are that someone would buy you over someone else, say you are going out, shopping for something that will work while you are exercising, looks good, having a work—out. where in the list of priorities is that recycled element? we talk about this

concept of conscious always, i guess ultimately we are a for—profit business, if we didn't make profits we couldn't do any of these changes but we are very conscious to make sure what we are doing is reducing the unnecessary harm on our world. you were born in china, he emigrated to australia when you were very young with your parents so how much ofan young with your parents so how much of an influence as a chinese element of an influence as a chinese element of your background had on the way you do business? and also your plans for future growth? it's had a huge impact on the name itself, the brand. the name nimble comes from the chinese concept, a word my mother used to say to me growing up and it embodies how you move and how you think and how you approach life. and it was aspirational but unattainable concept that i was taught to become as i was growing up asa taught to become as i was growing up as a little girl. that's where the name nimble comes from. in the uk market how does that to fit to the australia market? we are learning

more and working hard to tell the offering to this market, it's a really important market for us. you got the reverse seasons, it's summer here but it's when you're back at home and winters here are quite different to the winters at home so it's really working with the team to make sure fabrics we engineer really suit this planet as well. fascinating. vera, best of luck with the business. nice to see you. thank you. we touched on influentials, social media users. in brazil, transgender influencers are changing the way brands advertise with youtube channels that talk about the daily struggles and joys of people who changed their sex.

0nline influencers in brazil. have you seen 0nline influencers in brazil. have you seen his instagram account? it's really something. thank you for that. we asked you to tell us about your morning routine. a newspaper story are found today, five ways of making your morning calm and relaxed, one of them was don't hit the snooze button, another one i think was prepare your breakfast the

night before. make life easier. get your clothes and that sort of thing. a story in the guardian, they've come up with these five ways to make it really clear and a lot of you getting in touch, saying i prepare the night before. i don't hit the snooze button. a lot of you getting in touch about what you do. one viewer says wake up early enough so you have time to take things slowly, basically just you have time to take things slowly, basicallyjust go to sleep earlier. i always say that to my husband, go to bed early and you go to bed and you wake up feeling so much better. but he never listens. another viewer says getting up at 6am to watch the sunrise, while i make my porridge, i go to sunrise, while i make my porridge, i gotoa sunrise, while i make my porridge, i go to a cafe to get my coffee and read the paper. dave says wake, shower, have breakfast, set off to work, i like to get to work and read. i would love to be so organised. i think i spend enough

time in here. you absolutely are. the hardest working presenter. let's talk to laura. was your morning routine? what keeps you calm and relax? my tip is don't have a screaming baby through the night which i had last night, that doesn't leave you feeling refreshed. screaming baby through the night is not intrusive not number one. it does not lead to a good nights sleep. but let's look at some of the story she picked out. the wall streetjournal talked story she picked out. the wall street journal talked about story she picked out. the wall streetjournal talked about boeing. we've been talking about this but we've starting to get an impact about how this is playing out, the fatal crashes and the impact it's had. this article is interesting, it's not focusing on bowing themselves, it's focusing on the airlines that have ordered the max jets and they are not getting the planes delivered is what you are starting to see as companies like southwest airlines mentioned in the article having to delay some of its planned planes or capacity is

pulling back pretty much across the board. we saw ryanair announced a few weeks ago the summer schedule for next year will be less than originally anticipated. it was being seen as a saviour, originally anticipated. it was being seen as a saviour, this plane for many seen as a saviour, this plane for ma ny low—cost seen as a saviour, this plane for many low—cost airlines because it had more passengers, cheaper running costs, the ideals for the budget carriers but they are not getting it. what you are starting to see and is interesting, some orders being switched to airbus and equivalent planes so there is an alternative, you are starting to see that happening, boeing getting some cancellations and they are being moved over to airbus. you were saying ryanair moved over to airbus. you were saying rya nair particularly moved over to airbus. you were saying ryanair particularly hit by this. you gotta be she mentioned earlier companies like ryanair are having quite a tough time and fuel costs are rising, quite a lot of ove rca pacity costs are rising, quite a lot of overcapacity so some of this is maybe being blamed on boeing but it maybe being blamed on boeing but it may be that they wanted to pull back capacity for more economic reasons. a quick word on the other story in the guardian, experts calling for a ban on glass skyscrapers, they say

this will save energy. really interesting, you would think more modern office buildings would generally be more energy efficient but actually what this article points out is that if you have huge glass buildings and things like the shards in london, it's the equivalent of being sat in a massive glass greenhouse, you have to have powerful air conditioning to stop it heating up. i never thought about it that way. they look pretty, they look great but you are right, it's like sitting in a greenhouse, they have to artificially keep it cool.|j would have thought more modern office buildings would be energy efficient and better for the environment, it's an interesting angle i hadn't heard before. laura, thank you forjoining us. and thank you for all your comments this morning. to keep them coming in, we will read them to each other normally. 0ver will read them to each other normally. over a cup of tea and they laughed. we will do this all same time same place tomorrow. have a great day. 6oodbye.

hello. after the exceptional heat of last week some of us saw over a month ‘s worth of rain this weekend. this week looking fresher with showers and blustery winds, the showers and blustery winds, the showers and blustery winds, the showers and wind courtesy of this area of low pressure, you can see in the satellite, working its way from the satellite, working its way from the south—west. the rain across the northern half of the uk will gradually become confined to central and southern scotland, becoming increasingly patchy as it does so. some brighter spells developing especially across northern england, northern ireland, the chance of one or two showers and plenty of sunny spells across england and wales, the exception, the showers pushing into the isles of scilly and south—west england, southern wales. temperatures today a maximum of 19, 20 degrees, further north, in the

south of its 26 degrees. through the night the area of low pressure working in, bringing blustery winds to southwestern coasts and to the a rts to southwestern coasts and to the arts of scilly, gusts of 50 miles an hour and through tomorrow at the showers becoming more widespread as the area of low pressure works in. some blustery winds across the south of the uk, gusts of a0 miles an hour, locally 50 miles an hour on exposed coasts, the best chance of dry weather for eastern coast, temperatures in the high teens low 20s perhaps in any sunshine. as we move overnight into wednesday we have the area of low pressure with us, we have the area of low pressure with us, we are have the area of low pressure with us, we are looking at another blustery date to come as we move into wednesday, gradually working its way eastwards, as we move into wednesday the focus of the showers isa wednesday the focus of the showers is a little bit further east. the showers are still quite heavy, possibly thundery and slow—moving, some drier conditions for northern ireland, parts of wales and southern england. some sunny spells here as

well, the temperatures sitting in the high teens low 20s and as we move towards the end of the week, we are going to see the wind easing, there will be fewer showers as well, some sunny there will be fewer showers as well, some sunny spells to be had, the temperatures are sitting in the high teens low 20s. a fresh feel to things this week. some showers in the forecast that could cause some disruption, quite heavy, possibly thundery at times. also some gusty winds to look out for it but they should tend to ease towards the end of the week. 6oodbye.

you're watching bbc news at 9:00am with me, rebecca jones. the headlines... the prime minister heads to scotland, vowing to "promote and strengthen" the union, as the cabinet ramps up preparations for a no—deal brexit. part of that will be to make sure we've got the committee structures of cabinet in place so we can respond as effectively as possible in real time to all the issues, challenges, that will face. it comes as britain's biggest business group warns that neither the uk nor the eu is ready for a no—deal brexit at the end of october. a gunman opens fire on festival—goers at an event in california, killing three people and wounding 15. a semiautomatic going off really close to people screaming