hello, this is business live from bbc news with victoria fritz and sally bundock. paranoid android — huawei's latest smartphone will have to make do without youtube, gmail and google maps — as the us tries to freeze out the chinese telecoms giant. live from london, that's our top story on the 19th of september. the battle for huawei's future heats up today as the company launches its latest flagship phone — while trying to convince a us court that it's not a threat to national security. also in the programme...

india's e—cigerette market goes up in smoke as the country bans vaping products. and stocks across asia were mostly higher on thursday following the federal reserve‘s decision to cut interest rates on wednesday. at the moment in europe markets are looking like this... at the moment in europe markets are looking like this... and we'll be getting the inside track on a business that's been heating up in recent years — the boss of hotpot yoga willjoin us live. and, as burger king ditches plastic toys in kids‘ meals to cut down on waste, we want to know if the war on plastic has gone too far. let us know — just use the hashtag bbcbizlive. yes, do get in touch on the great debate about plastic. a warm welcome to the show.

before that, huawei — the chinese tech giant that makes everything from high end smart phones to sg wifi will find itself under a number of spotlights today. as well as launching its first flagship phone without google android the company will also go to court in the us to challenge the view that they are a security threat to the country. president trump and others fear that huawei's new 56 tech could be used by the chinese government for spying. huawei has said all along it has no links to the government and insists it has no intention of spying. in may the us government restricted american companies from working huawei, citing national security concerns. that's forced google to stop offering it access to many features of its android operating system. huawei's new flagship smartphone, the mate 30, is released today — however, it

will not come with google‘s popular apps, including maps and youtube as well as access to the google play app store. to try and ease concerns, huawei's chief executive made the unprecedented offer to sell its current 56 know—how to a western firm as a way to address security fears voiced by the us and others. matthew howett, founder and principal analyst at assembly, is with me now. matthew, these are obviously less than ideal circumstances for huawei? yes, hugely embarrassing for huawei to launch their flagship sg device which comes with a price tag of $1000 lacking the full version of the android system and crucially the app the android system and crucially the app store that consumers are so used to downloading apps from. i think it is their biggest challenge today without launch but it is interesting they are choosing to do that in europe. this is obviously a chinese company. they usually launch flagship devices within the home market but this time they are in

germany. why do you think that is? what does it say about their ambition that they are starting with germany first then trying to roll out elsewhere? i think they are trying to convince the rest of europe that they are a force for good, they are here to stay, they can challenge some of the us companies like apple and korea's samsung by doing this here. i think they realise they have a very difficult fight to do in the us so they are trying to paint a more positive picture by saying, look, we can do this, we can build an ecosystem that will attract developers and it means we will be successful. this is it, isn't it? in the past they have proved to be very resilient and they have huge resources by them. i wonder whether the huawei executives will look back at this point and history —— in history and think, this was the inflection point, when we were able to develop something really unique because of these challenges and were able to overtake the likes of samsung and apple? they say you can

find opportunity in the face of adversity and i think huawei are an example of trying to do that. they are spending $1.5 billion developing their own operating system. i think it isa their own operating system. i think it is a very herculean task and it will only be successful if they can attract the developers to the platform to make the apps you and i are used to. arguably, if they can do it in china with hundreds of millions of consumers, and that catches on in europe, there is opportunity there. maybe they can start challenging some of the big tech companies we see in the us. do you think they will be successful? do you think they will be able to lure all of these app developers over? if we think of how well they have done despite this uncertainty, they have around 50 sg contracts around the world, 20 plus increase in revenue in the first half of this year, and this is despite them having hugely negative pr around the world. they are obviously they are with the tenacity to do it so i think if anybody can, perhaps they

are the ones. may be. thank you very much, matthew, from assembly, thank you. let's take a look at some of the other stories making the news burger king will no longer give away plastic toys with children's meals, amid pressure to reduce plastic waste. the move comes after british children petitioned the fast food giant and its rival mcdonald's to stop giving away free plastic toys. we would like to know what you think about the story. china is set to release pork supplies from its central reserves as it moves to tackle soaring prices and shortages caused by an outbreak of swine fever. china, the world's biggest producer and consumer of pork, has struggled to control the spread of the disease despite slaughtering more than1 million pigs. booking.com is continuing to mislead its customers despite a crackdown by regulators, according to a consumer watchdog. regulators ruled that booking sites must review the way they rank and display rooms, over pressure—selling concerns.

which? says booking.com is still giving false accounts of the popularity of rooms. the site told the bbc it has "worked hard to implement the commitments" agreed. india's cabinet has announced a ban on the production, import and sale of electronic cigarettes, saying they pose a risk to health. jagdip cheema is in mumbai. let's talk to him. this is a huge deal isn't it, for those in the vaping industry. india has massive potential for them? yes, vaping industry. india has massive potentialfor them? yes, india has over 100 million smokers. what the government has announced, as you just mentioned, a ban on the import, production and selling. what is not banned is the act of vaping itself, but when supplies run low vapers just won't be able to vape. those who do could face a fine of around

$1400 and if they repeat the offence they could be looking at a jail term of around three years. a really big problem for vaping giants juul of around three years. a really big problem for vaping giantsjuul labs and philip morris international. they were hoping to tap into the indian market but it looks like their plans will have to be cancelled now. thank you, jagdip cheema, based in mumbai for vape. cancelled now. thank you, jagdip cheema, based in mumbai forvape. —— in mumbaifor us. let's look at the markets. action in japan with the bank ofjapan meeting, and they did not change monetary policy at all this time but the indicated next time there will be more easing to try to help the japanese economy. today we also have the bank of england. a lot of central bank action this week. let's look at europe. as you can see, very

flat markets in europe, the ftse 100, and the big loser is next, shares down after the back of its latest results. sales are actually up latest results. sales are actually ‘7 latest results. sales are actually up 4% but their chief executive talking about the pressure on the high street for companies like next to have to pay very high rental costs. more on that later, but for 110w costs. more on that later, but for now more about the fed. and samira hussein was at the fed for the interest rate announcement — let's hear from her: the federal reserve did what most people expected it to come amid a small cut to us interest rates. why? well, although household spending is increasing, and the unemployment rate remains low, exports and investment have weakened. fed chairjerome powell attributes that weakness to trade policy. since their last meeting we've seen additional signs of weakness abroad and researchers of trade policy tensions, including the imposition of additional tariffs. the fed has no role in the formulation of trade policy but we do take into account anything that could materially affect the economy.

trade policy is determined by the white house — a white house that is a very vocal critic of the federal reserve. although it decided to cut interest rates, it did very little to appease us president donald trump, who believes interest rates should be cut further, even to zero. mr trump has been a very vocal critic of you and your colleagues, recently calling you "boneheads", and just now has called you a terrible communicator. how do you respond to these criticisms, and any regrets to have this many press conferences? i don't. i'm not going to change my practice here today of not responding to comments or addressing comments made by elected officials. i willjust say that i continue to believe that the independence of the federal reserve from direct political control has served the public well over time, and i assure you that my colleagues and i will continue to conduct monetary policy without regard

to political considerations. a very measured response there from jerome powell, speaking to our correspondent samir hussein. —— samira. joining us now is jeremy thomson—cook, founder of complete currency consulting, central bank action sterling impact. there seems to be a split among policymakers as to the direction of the economy, of interest rates, but at the moment it has provided a boost to markets? yes, 25 basis cut was what markets were expecting, but as you say there is now quite a large split within those policymakers. 0ne large split within those policymakers. one is looking for a 50 basis point cut, another half a percent to come off, and one looking for no change. so we are starting to see what is going on in the us, and obviously in the global economy as well, starting to see policymakers

prescribe different things. some wa nt to prescribe different things. some want to be proactive and some want to see exactly how the chips may fall. and i think that is a reflection of what you hear when you go to events when economists are bankers are talking, there are those saying, yeah, global slowdown, global recession, definitely 2020, and others say it will not happen. there isn't that consensus about how difficult the slowdown will get or if we are going to go into a recession and certainly if the us is going to be there before the election next year. exactly. as you say, if we see the us lead this, or if we see china leave this, for example, and obviously the fundamentals of what a us and china trade war could mean for the global economy. everyone isjust giving themselves... guessing! giving themselves... guessing! giving themselves a little more ammunition, as it stands at the minute. the bank of england has their meeting later today and a lot of people, at the beginning of the year, if we thought that brexit may have been sorted at some point in this year, thought the

bank of england could be in a position to raise interest rates at some point in 2019. it doesn't look like that will happen. they will definitely hold interest rates today. and the bank of japan, definitely hold interest rates today. and the bank ofjapan, as definitely hold interest rates today. and the bank of japan, as you spoke about earlier, everyone starting to realise that while they may have been a bit overly pessimistic at the beginning of the year the road does look a bit more rocky than it currently is, in the future, and therefore having a little more monetary policy ammunition isn't the worst thing in the world. thank you. we will talk a bit more about brexit and impact of sterling as well, so speak to you soon. still to come — getting your sweat on. we hearfrom the brains behinds the world's first hot yoga studio on wheels! you're with business

live from bbc news. first, though, let's unpack further this news from next. shares down 5% in london. the high street giant next has published strong for the first sixth months of the year. sales were up 4.3% and profits before tax up 2.7%. that is the boss. but the chief executive warned of the problem of high street rents — as online retail becomes more important high rents could mean more store closures. retail analyst natalie berg has been looking at the figures. what should be read into this, because the stock is doing one thing, but the numbers on paper look like something else? you are right. shares might be down this morning but on the whole next remains one of the great spots on the high street. i think they continue to defy the doom and gloom and that is due to a really unique business model. next has hundreds of stores across the uk, presents our most high streets, but the majority of their sales take place online. i think that next has

recognised that the role of the store has to evolve, and it is no longer purely about the transaction, no longer purely about generating sales within those four walls, but if they are to continue to grow in sales in a sustainable way, as contradictory as it sounds, they need their stores, because as shoppers we want to click and collect, we want the ease of return, soi collect, we want the ease of return, so i think next has done a greatjob repurposing the physical space to stay relevant to shoppers. we were discussing that earlier, when you go to next, there is a costa coffee shop, you go for a coffee, you end up shop, you go for a coffee, you end up buying something on the way out. there are the returns, as you mention, so you end up buying something in the store, but the ceo, along with so many others running high street stores, saying the rental cost and tax is just such a burden. particularly if you look at the fact that store sales will

continue to decline, because next is actively pushing shoppers online, they are actively allowing them to marry the best of both worlds, and thatis marry the best of both worlds, and that is really the way retail is moving, so from that point of view i think next are quite a visionary retailer, thinking 5—10 years down the road, but in the meantime rents are still a challenge. thanks, natalie. natalie berg, retail a nalyst, natalie. natalie berg, retail analyst, on next. this story, serious breach of the parcel law. you can check that out on the website, business live. you're watching business live — our top story... chinese telecoms giant huawei is launching its latest top—of is launching its latest top of the range smartphones today but there will be one major thing missing — the google software and apps most of us use all the time.

a quick look at how the markets are faring. little change as trading starts in london. you can seejust little change as trading starts in london. you can see just up 99 points at the moment. next of course publishing their results, leading the fall, down 5%. if the idea of busting some yoga moves sounds bad enough, there's also the trend of hot yoga — where you tweak your chi in hot and humid rooms. i thought that was a manoeuvre! i'm not entirely sure. it is pronounced chi. chai is the! laughter -- chai is laughter —— chai is the tea! . more sweat equals more helath benefits, as the theory goes. now, you don't even have the excuse that your hot yoga centre is a bit too far away for you to get to.

anyway, you can see i don't do it, i don't even know the difference between chi and chai. our next guest came up with the idea of the world's first poratble hot yoga studio while downing pints in a pub with a friend. you step inside a purple—glowing inflatable "pod", heated to 37 degrees, while calming music is played and the scent is sprayed to help you unwind. there you go. sounds like an extravaganza! let's hear more about this from max henderson, co—founder and ceo of hotpod yoga. you came up with this idea. you are not a devotee of yoga to start with? not at all, i was very much a sceptic. i think like a lot of people... we launched in 2012, and i was a guy in my mid 20s, and like a lot of guys in their mid—20s, at that time particularly, yoga was com pletely that time particularly, yoga was completely from another planet, something that was a bit culty and strange and something i was not interested in, for sure. 0k. strange and something i was not interested in, for sure. ok. you enter your first class, and you were working as a management consultant at the time as a true management co nsulta nt at the time as a true management consultant you decided to analyse this market, found pinch points, and realised it was perhaps not as monetising as it could be. why did you decide that inflatable pods was

the way to go? less necessarily about inflatable pods. they were in about inflatable pods. they were in a way about inflatable pods. they were in awaya about inflatable pods. they were in a way a tool to achieve what we wa nted a way a tool to achieve what we wanted to. the pods are there just to elevate the experience, and what we noticed when we looked at the market is we noticed there were thousands of operators around the country and around the world, and they were all loosely doing the same kind of thing, you know, yoga studios running yoga classes with y°93 studios running yoga classes with yoga teachers and nobody had kind of taking it to the next level, nobody had really elevated the experience beyond just a regular yoga class, and so for us we said we want to be able to do exactly that, to create the absolute perfect yoga experience, work your body harder, comes your mind even deeper, and that was where the pods came in. how successful is this? because it is so prevalent, yoga, you have people who come to your home, classes in your local school hall that are probably much cheaper, then there is the

bespoke hot yoga studios on the high street. it is everywhere, isn't it? yes, and it has been for a long time. yoga is not a new thing. we have grown now to 68 sites in seven countries which makes us the biggest y°93 countries which makes us the biggest yoga business in europe, i believe. that is not enormous in the grand scheme of things but it shows there is demand for something that is just that elevated experience, as i said, that elevated experience, as i said, that takes you above the class in the village hall or in your gym, which is fine, people have been doing for years, and it's great, but actually doesn't necessarily come as i say, get exactly what everyone wa nts i say, get exactly what everyone wants out of it. but for someone who is into yoga, what is the cell for them to go to this as opposed to a cheaper class or one they are particularly a fan of the teacher and they will follow that teacher anyway, wherever they go? why go to this? because it can't be just going to, you know, and inflatable yoga studio. after a while, that will get old. for sure, absolutely. it is

about elevating the experience. people love yoga typically because it makes them feel great and it is great for them physically and mentally. 0urs, as i said just elevates that, better for you physically and mentally. the heat works the body harder so the physical benefits are elevated, and the beautiful environment we have created, that is notjust the pod but also the music and the scent and the lighting, it is a very deeply calming environment as well. quite like this are standardised across the whole model. this is a franchise model —— the whole model. this is a franchise model -- and this is standardised across all model? wherever you go, you get the same expense? we run our own studios in london, six studios in london, and the rest is all franchised. it basically gives yoga enthusiasts, whether with instructors or just enthusiasts, whether with instructors orjust people who love y°93r instructors orjust people who love yoga, let them run their own version of the business wherever there. that ensures it is a completely standardised experience wherever it is in the world, you get the same type of class and same quality of class. like my 0k, really

interesting. are you tempted? -- 0k, really interested. are you tempted? not sure, if i'm honest. i will try it out. well, you are both welcome. thank you. 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. london, singapore, shanghai, new york. 0ur correspondents have your business world covered — on—air, online and on the bbc‘s news app. check out bbc.com/business for their insight and analysis. the bbc‘s business live page has the latest breaking business news. we want your views too — get in touch via the business live page, tweet us a@bbcbusiness, or find us on facebook at bbc money. join the bbc‘s business conversation. do many of you have been in touch about today's question which is a story about two sisters, aged seven and nine, who started a petition

about plastic waste as a consequence of companies like burger king and mcdonald's just giving away plastic toys when you buy a children's meal. let's bring back jeremy toys when you buy a children's meal. let's bring backjeremy to tell us more about the story. to british girls? yes, ella and caitlin mcewan, aged nine and seven, asking companies to think about the environment and stop giving out plastic toys with kids meals. thousands of people responded to their petition and it has crossed my mind, when! their petition and it has crossed my mind, when i am out with my children, and the end up going in the bin, not even leaving the place where we have eaten, you know? they play with them for a couple of minutes and then move onto the next thing but it is about the issue of plastic waste, how disposable plastic waste, how disposable plastic can be in this new environment that we have at the moment, that plastic has to be a lot more hard wearing, sustainable but also can and should really only be

used in products which have a certain element of longevity. burger king are now going to melt all the toys and reuse plastic as opposed to churning out new only once used plastic every time. absolutely, and therefore the amount of emissions and costs these plastic goods are... there will always be plastic in the world. all the plastic that's ever been created is still in the world, it hasn't been disposed of. some is being reused but it is still lying about. the more it can be reused or therefore... the fewer emissions we have from the refining of oils and things like that. it is interesting is that the big rival of costa burger king is mcdonald's and they said they have no plans to get rid of the toys —— big rival of burger king is mcdonald's. they said you could if you wish swap your toy for a piece of fresh fruit. how's that going to go down? exactly. that is my point. how easy is it to change consumer behaviour? it is one thing if you're an adult making conscious

but ella and caitlin aside, how many children would take the piece of fruit over the plastic toy? element that may be a generational thing over the next couple of years. -- maybe that will be a generational thing. i'm not a maybe that will be a generational thing. i'm nota parent maybe that will be a generational thing. i'm not a parent but i imagine swapping an iron man for a piece of an apple may not go down particularly well. i can tell you it would not come from my own unscientific survey from my own household. 0k, years ago a lot of toys were replaced by games or images on the box, one comment. i remember that. toys in your brea kfast remember that. toys in your breakfast cereal. they have gone. another one. the two far question? tell that to all the marine life choking on the stuff. 0ur question was, is this taking plastic thing too far? was, is this taking plastic thing too fa r? clearly was, is this taking plastic thing too far? clearly ryan does not agree. the question on sterling, the us supreme court. yellow might wait until thejudgment us supreme court. yellow might wait until the judgment come out, but there is no politics and styling

apart from that —— there is no politics and styling apart from that -- well, wait until. if they say boris johnson apart from that -- well, wait until. if they say borisjohnson didn't do what he was meant to do... all bets are off. all right. thank you very much, jeremy. great to see you. thank you. some patchy mist and fog this morning but not too expensive. a chilly start but plenty of dry and sunny weather to come and indeed that weather will continue through friday and to the start of the weekend. high pressure there or thereabouts across the uk during thursday. light winds and weather fronts situated towards the far north and west, but still quite a bit of cloud across scotland. that will break up actually to give brighter and sunnier skies later on this afternoon. a bit of cloud developing across england and wales but largely sunny. maximum temperatures today getting up to around about 17—22 degrees. this

evening and tonight, not a great deal of change but through the early hours of friday there could be some mist and fog developing, which could be more extensive than last night especially for northern ireland, southern scotland and eastern areas of england but for many of us there will be clear skies and temperatures them are dropping to 11 celsius. throughout friday, —— dropping to 7-11dc. a throughout friday, —— dropping to 7—11dc. a bit of cloud developing across eastern and central parts that could drift further northward, just spoiling the sunshine for a time. really for most we will keep that sunshine, and maximum temperatures will be higher, particularly in the north—east of scotland. 24 celsius here but widely for england and wales into the 20s. most temperatures will rise even further into saturday. a south easterly wind setting and across the uk, drawing in that warmer air and once again we are just looking at lots of dry and sunny weather. a few shower is starting to work their way

in across the far south—west of england. temperature is widely getting up into the 20s, mid—20s in the south—east. around about 17—23 in scotland and northern ireland. but all change on sunday because low— pressure but all change on sunday because low—pressure now moves on from the west and with that a weather front, bringing in cooler, cloudier and wetter conditions. this band of showery red bull spread north and east would come down too much of scotland, north—east england, towards east anglia, staying dry for most of the day on sunday. some sunshine here as well. the temperature per —— temperatures dropping down a little, 19—22dc. a weekend of two halves. i buy. —— by vie. —— bye—bye.

you're watching bbc news at nine with me annita mcveigh. the headlines: david cameron has revealed he was so worried about scotland voting to break away from the uk, he asked for help from the queen. not asking for anything that would be in any way improper or unconstitutional butjust be in any way improper or unconstitutional but just a be in any way improper or unconstitutional butjust a raising of the eyebrow. borisjohnson is warned to come up with fresh brexit proposals by the end of the month or the finnish prime minister says it will be ‘over‘. lawyers forformer prime minister sirjohn major will challenge borisjohnson's decision to suspend parliament on the third and final day of the historic hearing at the supreme court. i will be reporting live from the

supreme court when we will