this is the briefing. i'm ben bland. trading blows. the us to tax billions of dollars of european imports — from single malt to olives — as it wins a decade long dispute over state aid to airbus. plus — back at tech's top table. microsoft is once again the world's most valuable company. we hear from the boss about how he plans to keep it there. and on the markets, stocks tumble around the world — as new trade tensions add to growing fears of a global recession.

we start with global trade tensions — because business relations between the us and europe look likely to become increasingly strained. and this is at a time when the us trade war with china has rattled global markets. the world trade organisation has ruled that the us is entitled to tax imports from the european union worth billions of dollars — in retaliation for state support the eu illegally gave to aircraft maker airbus. it's the latest chapter in a 15—year battle between the two sides over subsidies for airbus and rival boeing. vivienne nunis in new york is following the story. after 15 years of wrangling, the wto has handed down the largest arbitration award in history, it allows the us to apply tariffs to

$7.5 billion worth of european exports in retaliation for illegally subsidies paid to abbas. president on troubles quick to claim it is a big win for the us. they think i don't like the wto and they want to make sure that i'm happy because all of those countries were ripping off the united states for many years. they know that i'm wise to read. we've had a lot of wins. this was a $7 billion when, not bad. the ta riffs $7 billion when, not bad. the tariffs will mostly affect goods from france, germany, the uk and spain pulled up with 25% tariffs on ta riffs spain pulled up with 25% tariffs on tariffs — make goods ranging from wind to sweaters and whiskey. washington will apply 10% tariffs to european aircraft, delta airlines says that move with the serious harm on us companies which have already committed to buying a bus plans. that will hurt american workers and passengers. while producing delta's profits. abbas said the move will lead to a lose lose trade war and

has published a video showing an employee ‘s 4000 workers in the us. another worry for the global economy already dealing with all that from the us china trade well. —— trade war. let's stay with trade tensions, because they are likely to be hot topic at the world economic forum in delhi which gets under way today. business leaders and policy makers are gathering in the indian capital for the two day summit — among them us commerce secretary wilbur ross. his boss president trump has been a vocal critic of india for levying "tremendously high" duties on us products. let's get more on this story. suranjana tewari is there. that's right, trade is likely to be very high on the agenda at the world economic forum here in delhi, and how south asia can impact global trade tensions, the theme this year is innovating for south asia and how they can have an effect on the

global economy but on top of everyone's mind is those trade tensions, not only the us china trade tensions but india is also having a small spat the us ever trade. earlier this year the us removed india from a system that gave exporters from india preferential treatment as far as duties and excise goes and in return you delhi imposed tariffs on a number of american products like armours and walnuts. it's a bit of a very high on the agenda here and how south asia can really get around the trade tensions around the world at the moment. in delhi, thank you very much. guess what we're going to talk about next. trade tensions and fears of a global recession have rattled stock markets around the world — with sharp falls in europe and the us — and the selling continuing in asia. rico hizon in singapore is following the story.

good to see you. loving the new glasses, by the way. tell us what's going on with the markets. because all of them seem to be rattled. well, as your stock markets have been rattled all year long, ben, because of the ongoing trade tensions and now they are getting to one month lows and is excellent —— escalation in global trade between the us and europe, it isn't helping most investors. the asia—pacific markets from japan, korea, taiwan, singapore and australia are all retreating and signs of a slowdown in the us economy of weed earnings in europe, and increased us china trade warfears in europe, and increased us china trade war fears could push the global economy into a recession. hong kong's index is also slipping today as retail sales in august plunged to his lowest on record as industry has been hit by a protracted protest in the territory

over the last few months. a market strategist i spoke with earlier said that although a global recession isn't imminent, the slowdown could put more pressure on regional central banks to cut interest rates even further and governments could implement fiscal measures to jumpstart implement fiscal measures to jumpsta rt the respective implement fiscal measures to jumpstart the respective economies. and there are bets that the us fed could reduce the cost of borrowing sooner rather than later if the job support which is due out tomorrow will show weakness in the labour market. as always, thank you very much. let's talk about microsoft now. at over $1 trillion, it's overtaken apple and amazon to become, once again, the world's most valuable public company. this week it has launched the surface duo — a folding mobile device it hopes will take the smartphone industry by storm. ceo satya nadella has been widely credited with steering microsoft back to the top of the tech industry. he's been talking to our us technology reporter dave lee.

since taking over in 2014, satya nadella'sjob at since taking over in 2014, satya nadella's job at microsoft has been to turn around a company that had fallen behind apple and google as the dominant force in the tech industry. it underlies the approach to surface... after focusing industry. it underlies the approach to surface... afterfocusing on cloud computing, his dancer today as chief executive of a company that is once again, the most valuable in the world. this event in new york is to show off our new range of laptops and two foldable devices. hardware is now a side of its business apples and more than $5 billion of revenue each year. but now microsoft has a problem. its large presence in china with the firm does much of its research and development is coming under scrutiny. some in the us think that that work could go against this country ‘s national interest. that that work could go against this country 's national interest. each country 's national interest. each country should put its own interests at heart, first, it makes sense. the

world benefits from knowledge, the open —— being open. for us to say we will put barriers on it, may in fact hurt more than improve the situation stop microsoft has been in china since 1992, developing technologies including most recently facial recognition. according to reports, but microsoft collaborated with researchers tied to china's military. there is growing unease in washington. if you're looking at a company that has been very vocal about the role they want to have in all the aspects of ethics and politics, when it comes to ai, intelligence and so forth, is microsoft. it will be interesting to see how they continue to balance the two. how are you making sure that the research of your team isn't being used for oppressive uses. weird ——we know any technology can

be used as a tool or a weapon, we have control over who uses it and principles, beyond how we build it, how people use it as something how we control. he added that he was optimistic that us china tensions would be short lived. now let's brief you on some other business stories. shares of tesla slumped more than 6% after the electric car maker disappointed wall street with its latest sales figures. tesla delivered a record 97,000 cars in the three months to september. but that was less than analysts were expecting. luxury car makers including audi and jaguar are launching their own electric models, ramping up the competition for tesla. the chief executive of boeing says he hopes to return the 737 max to service within the next 3 months. speaking at an event in new york — dennis muilenburg said the plane has undergone 700 test flights with updated software, and boeing is training its crews to operate it. he has agreed to testify before congress on october 30 on the fatal crashes of a lion air 737 max in indonesia in october 2018

and an ethiopian airlines 737 max five months later — that killed a total of 346 people. and now — what's trending in the business news this morning. business insider looks at microsoft's folding android device, the surface duo, and bets it will be a winner in the smartphone market. the wall streetjournal hears from an insider at boeing who says the company's culture stifled criticism and prioritized costs over safety. and bloomberg takes stock of president trump's claims he has been good for the stock market. after recent declines it has barely gained at all in two years. and don't forget — let is know what you are spotting online — use #bbcthebriefing. up next: newsbriefing. we'll take you through ther stories

making headlines in the global news media today. an abortion campaigner will find out today if her controversial bid to change the law in northern ireland is successful. sarah ewart has taken her case to the high court in belfast after she was denied an abortion despite doctors warning her baby would not survive outside the womb. 0ur correspondent chris page has more. sarah transformed the sensitive debate about a personal issue by going public with her story. six yea rs going public with her story. six years ago she went to london to have a termination, her unborn child had a termination, her unborn child had a condition called unhappily and wouldn't survive outside the river.

it's not something i ever would have dreamt of going through. abortions are permitted in the circumstances in northern ireland. today the high court in belfast will give its verdict on sarah's case. in essence thejudge will rule verdict on sarah's case. in essence the judge will rule on whether abortion law northern ireland goes against human rights standards. abortion is one of the most contentious topics at this part of the uk. this recent demonstration was held to protest against legislation passed by westminster, which means the law on termination should be relaxed later this month. we feel as people in northern ireland that we have no voice, that we we re ireland that we have no voice, that we were not asked about this legislation. the change will come in if the devolved government at stormont which collapsed to a dive yea rs stormont which collapsed to a dive years ago, is not restored in the next few weeks. campaigners in favour of the new law says overdue. this has been a long time coming. we have been fighting through the

courts now for the past five, almost six years. so we hope today that judgement is in favour and in favour of all the women in northern ireland. the courtjudgement this morning will be another major factor, a controversial complex and emotive issue. breakfast is coming up at 6:00 with charlie stayt and naga munchetty. they'll also have more on borisjohnson‘s new brexit plan. stay with us for that. this is the briefing from bbc news. the latest headlines: eu negotiators say they've identified serious problems with new brexit plans from britain's prime minister, borisjohnson. president trump has accused us democrats of dishonesty and treason, as they stepped up impeachment proceedings against him. at least seven people have died after a vintage world war ii bomber crashed in the us state of connecticut. now it's time to look at the stories

that are making the headlines in the media across the world. we begin with the guardian, which leads on the european union's reaction to uk prime minister boris johnson's brexit plan, which he set out today. the irish times leads on the same story — zeroing in on whether mrjohnson‘s proposals for the irish border are viable. the financial times has the details on the sharp fall in global stocks, with the uk's ftse 100 suffering its worst day in over 3.5 years. the south china morning post has the latest on the hong kong protests. the city's largest police group has called for a curfew, or for the government to bring in colonial—era emergency powers. the tech website wired focuses on microsoft's new device — the surface duo dual screen smartphone. instead of running windows

as expected, it'll be powered by google's android operating system. and could "flight shaming" be one of the answers to climate change? the bbc website has more on travellers turning their backs on air travel over concern for the environment. with me is independent analyst dr stephanie hare. she used to be principal director at accenture research, a global management consultancy. we have got the papers lined up to go through. we start with the guardian. in the reaction to brussels, somewhat cool to this new set of proposals. it's not really clear what's new with proposals, right? we have been talking about this for years now and there is a cold ha rd this for years now and there is a cold hard reality of physical geography between the united kingdom and the republic of ireland. you have northern ireland, you have the six counties of northern ireland, and a border. so if we take the united kingdom out of the european union, we have to address this question of a physical border and how you're going to