this is the business briefing. i'm ben bland. uk recession fears grow as manufacturers warn industry is in a "nosedive". plus, more turmoil at the top of nissan as its new boss admits receiving "improper" payments and says he'll give back the money. and on the markets, stocks rise around the world as risk outlooks improve. sterling has its best day in six months as fears of a no—deal brexit recede for now, rising as much as 1.5%. news the us and china will resume trade talks also boosting confidence.

we start with the uk economy as the wrangling over brexit continues. there are fears the country could be slipping into recession for the first time since the financial crisis. a global economic slowdown and trade tensions are being compounded by ongoing uncertainty over brexit as shown by increasingly gloomy reports from business groups. in the last few hours, a survey by uk manufacturers has warned their industry is in a "nosedive", with export orders falling despite the weak pound, and domestic orders faring even worse. hiring is continuing to decline. britain's vital service sector, the biggest part of the economy, "lost momentum" in august as growth all but fizzled out according

to a survey of purchasing managers. optimism in the sector slumped to its lowest since july 2016, the month after the brexit vote. and retailers say sales were down last month compared with august last year. the uk economy shrank in the second quarter, the three months tojune. two quarters of negative growth in a row would officially put britain in recession. and this week's reports mean that is looking ever more likely when third quarter figures are published at the end of this month. the governor of the bank of england gave evidence to members of parliament on wednesday when he was asked about the state of the economy. is the economy stagnating?“ is the economy stagnating? if we look over the course of the year, this year, there has been volatility with data because of brexit preparations, because of stock building by companies, because of

shutdowns of car production activity and restarting. if you look through the underlying trend, ourjudgement is that the economy is growing very weakly, slightly positive. but, close to zero. chris williamson is secretary—general of the international chambers of commerce here in the uk. chris, if we are getting doubt warning from the governor of the bank of england, that is something to ta ke bank of england, that is something to take note of? absolutely. the figures that have been published, it is all the reflection of where we've come over the last three years, i think. there are two things going on of course, in a global context, increasing action is, the us—china trade war and of course that's leading to a global slowdown. and in the uk context we have brexit and all the uncertainty of the last 3.5 yea rs. all the uncertainty of the last 3.5 years. i think there is also no

surprise, they though there are the results of a enormous amount of uncertainty and we've seen a fall in export orders and interest and the attractiveness of the uk is less thanit attractiveness of the uk is less than it was, at least for the moment. is interesting because we we re moment. is interesting because we were told the weak pound would give exports to boost —— a boost and manufacturing relies a lot on exports. so it's interesting that hasn't translated into a boost for uk exports. yeah, i think there are bigger things going on here. the brexit uncertainty for supply chains asa brexit uncertainty for supply chains as a sort of countering effect to any benefits from exchange rates and there are big changes going on within global value chains, global supply chains, too. that also acts asa supply chains, too. that also acts as a counterbalance. and in terms of the impact the people in the uk and elsewhere around the world, why

would it matter if the uk specifically were to go into a second quarter of negative growth and be technically in a recession? the uk's and important economy. it has all sorts of impacts on pretty much every corner of the globe, you know, our trading partners and the uk industry itself. so, brexit has a lwa ys uk industry itself. so, brexit has always been difficult to decouple from the sort of wider political developments within the global economy. so i think it's important to just recognise that this is a consequence of where we are, that doesn't mean the uk economy isn't resilient. but, we are in a difficult place and you know, foreign business and investors are looking at the uk currently and, you know, if you're sitting in a domestic environment, it is difficult to appreciate what this looks like from the outside. and what it looks like from the outside is pretty chaotic and of course everybody‘s reacting to that.

is pretty chaotic and of course everybody's reacting to that. chris, thank you for that. my pleasure. youtube's owner google is to pay $170 million to settle allegations it collected childrens' personal data, in breach of us federal law. youtube is accused of tracking viewers of its childrens' channels without parental consent and using the data to target them with advertising. it has promised to changes the way it operates but critics have called the settlement inadequate, as samira hussain explains. well, in google terms, i've been referring to it as a really small fine, a bus fare. and according to the regulators that impose this by nearing the united states, there was split decision and of course it split decision and of course it split on party lines that you saw, there were republicans who approve this deal, the settlement, and democratic thought it was far too small —— here in the united states. the issue was the way youtube was collecting data on children under the age of 13. what makes google and

use special in terms of the information intellect is that it gets really targeted information. so it's not just gets really targeted information. so it's notjust this sort of general idea of the website that you look at, but it's much more defined to you as a person. and what youtube was doing was it was getting this data from videos that were being seen data from videos that were being seen by people under the age of 13. now, youtube said theyjust didn't know that these videos were being viewed by people under the age of i3, viewed by people under the age of 13, that their product is not to be used by children. now you tubes as well, they're just going to take away any of the advertising that it has on videos that they think children would be watching —— youtube as well. more turmoil at the top of japanese car giant nissan. its chief executive hiroto saikawa has admitted

receiving more pay than he was entitled to from stock options, according to japanese news agencies. it comes of course as nissan tries to rebuild following the arrest of former chairman carlos ghosn on financial misconduct charges, which he denies. let's go to our asia business hub where rico hizon is following the story. ben! more woes for nissan? turmoil for japan balls number two automaker. mr saikawa has admitted to improperly receiving stock related compensation. an internal investigation found it had received —— he had received tens of millions of yen, more than he should have, through a stock appreciation rights scheme. he said he would return the excess amount to the japanese automaker while revealing, then, that other executives have also received overpayment —— ben, and under this stock appreciation is scheme to raise morale among

executives, executives can receive a bonusif executives, executives can receive a bonus if the firm's separates performs well. but some are saying his admission raises more questions about his ability to steer the automaker through a financial crisis against mounting costs and sluggish sales. rico, thank you very much. we will see you soon. now let's brief you on some other business stories. us and chinese trade negotiators will resume talks in washington in early october, according to a statement from beijing. the trade war between the world's two biggest economies escalated further on septemberi when both sides implemented new import taxes on each others' goods. uk—based ryanair pilots have voted for seven further days of strikes between the 18th and 29th of september as part of a row over pay and conditions. the british airline pilots association said it wanted to settle the dispute, but ryanair has refused to seek conciliation. ryanair said the strikes were " poi ntless" as industrial action in august had not resulted

in any flight cancellations. and now — what's trending in the business news this morning? from business insider, trump says the dow would be "10,000 points higher" if he hadn't started a trade war with china but he tells reporters "it had to be done." on cnbc, youtube fine shows the us government is not serious about a big tech crackdown. on bloomberg, amazon targets europe with nww fire tv models. the retail and technology giant says it's working with manufacturers and retail partners to bring more than 15 fire tv devices to market over the next year. and don't forget —

let us know what you are spotting online — use the hashtag #bbcthebriefing. that's it for the business briefing this hour. asian equities and currencies rallied thursday, building on the previous day's advance as investors were cheered by a number of positive developments on trade, hong kong and europe. animals that are dying out at a perilous rate. but one zoo in central france has been trying to address the problem. beauval zoo has recently enjoyed something of a baby boom — as the bbc‘s tim allman explains. you have to hand it to the animals around here, they‘ re you have to hand it to the animals around here, they're doing their best stop # lovers in the air... everywhere i look around. the latest addition, this as yet unnamed indian rhino, spending some quality time with her mum. but she is only one of a glass of babies that have appeared in the

last few months. —— glut. of babies that have appeared in the last few months. -- glut. chardonnay translation: beauval chardonnay zoo contains about 10,000 animals, more than 600 species, with more than 700 births each year, from the smallest frog to the giraffe, the rhino, the koala, the giant panda, and the gorilla. it is notjust a recent phenomenon. yuan meng, first giant panda cub to be born in france recently celebrated his second birthday. visitor numbers are soaring as people want to celebrate the pitter—patter of tiny paws. translation: i love all animals, all of them, and i especially enjoy when there are births, seeing babies, and seeing them evolve over time.

some of the animals here are being reintroduced to the wild. two gorillas were recently sent to reserve in gabon, the zookeepers insisting they can play a small part in the preservation of the species on the planet. tim allman, bbc news. this is the briefing from bbc news. the latest headlines: the bill to stop a no—deal brexit makes its way through the british parliament as the eu says negotiations are in paralysis. officials in the bahamas say at least 20 people lost their lives in hurricane dorian. now it's time to look at the stories that are making the headlines in the media across the world. we begin with the times and uk prime minister borisjohnson who's attempt to trigger a general election next month was blocked by mps last night after a string

of heavy defeats for the government in both houses of parliament. meanwhile the picture on the front of the sun doesn't hold back as the paper accuses labour of being "chicken" after leader jeremy corbyn blocked borisjohnson‘s plans for a snap general election. in other news, the south china morning post leads with embattled hong kong leader carrie lam who announced she would formally withdraw the hated extradition bill that sparked the city's protest crisis. on the guardian website, google's video uploading service, youtube has been fined $170 million to settle allegations it collected children's personal data without their parents' consent. and finally, are you a leftie? well, if you are, according a recent study, the brains of left—handed people develop differently in the womb thanks to key genes which make them better at language skills. so let's begin.

with me is jane foley who's a senior foreign exchange strategist at rabobank. are you left—handed ? are you left—handed? i'm not, but i am for some sports. we will talk about that later. independent frontpage and brexit. i mean, that thing is, there are so many extraordinary moments in british politics that they almost become ordinary but sometimes we have to step back and realise this is a high minister whose first two votes in the commons have been lost. indeed, and that's historic itself. he doesn't have a majority. tory mps lost the whip. he certainly in a very weakened position. this is because the prime minister wanted to go foran because the prime minister wanted to go for an election. but the vote on

that has already —— also been