hello. this is the business briefing. crunch day for huawei. the uk decides whether to ban the chinese firm's equipment from its 56 network. and countdown to brexit. uk firms get ready for life outside the eu. and on the markets, the asian markets, many tumbled again on tuesday extending a global sell—off as the toll from the rapidly‘s reading chinese virus spikes. —— rapidly spreading chinese virus.

welcome to the programme. the uk government is expected to decide whether to government is expected to decide whether to ban government is expected to decide whether to ban equipment government is expected to decide whether to ban equipment made government is expected to decide whether to ban equipment made by huawei from its 56 network. this comes as the us warned that british sovereignty will be put at risk by allowing the firm to play a role in the sg allowing the firm to play a role in the 56 network. britain's prime minister borisjohnson the 56 network. britain's prime minister boris johnson is the 56 network. britain's prime minister borisjohnson is chairing a meeting with the national security council at which the decision will be made although it may not be announced immediately. sg be made although it may not be announced immediately. 56 is the latest sta nda rd announced immediately. 56 is the latest standard for mobile data tra nsfer latest standard for mobile data transfer and is theoretically at least 100 times faster than ag. to make use of it, customers will need a new 5g capable telephone but the infrastructure requires costly upgrades to things like masts, base stations and antenna. and this is

where huawei comes in. it is believed to have the most advanced equipment. in the uk, the rollout started last summer and to date around 70 towns and cities have 5g connectivity. all four uk phone networks are currently using huawei equipment. but only 1% of all handsets sold in 2019 were capable of using the new technology. that number is expected to rise to 18% this year. with me we have dexter, a senior analyst from fixed solutions. what do you make of the concerns around huawei's involvement?m what do you make of the concerns around huawei's involvement? it is understandable. the americans have been concerned for quite a while now, since 2012 when there was a report in the us saying they may be a security issue. what has changed in the last year is 5g which is important technology because it

connects objects instead of humans. and the us is trying to convince its allies that they need to make a decision whereas they were happy previously when each country decided what they wanted to do. the reality is that in the uk the major networks already have huawei equipment as pa rt already have huawei equipment as part of their infrastructure. that is correct. it makes more sense to continue because on the technical side, you know, if you use huawei for ag you should use them for 5g. if you use them, if you knew somebody else, you need to get rid of equipment and that is costly and time—consuming. that makes sense, thatis time—consuming. that makes sense, that is why they want huawei. huawei is big in europe and most operators wa nt to is big in europe and most operators want to be able to keep it. you have three major players in terms of infrastructure, huawei ericsson and nokia, you want a choice of three and not to. with all this said, the

us can raise objection after objection saying they will not share intelligence if it comes to that and the uk decides to use huawei technology. what is the alternative? is there one? ericsson or nokia but that will take time and take longer. if you use huawei you need to get rid of the legacy equipment from previous technology. it will mean a delay. delay is not that big an issue in my view because 5g is not so issue in my view because 5g is not so much about the consumer bit about enterprise. so part of the evolution to that means 5g in cooperation with the internet of things and artificial intelligence. but operators need to make the decision right now, they it takes time to rollout. we are talking about multi—year multibillion—dollar investments and operators need to decide now which fenders they can use. decide now which fenders they can use. you mention the impact the delay would have. if only 1% of hand

sets sold last year where 5g compatible, we will have to replace everything before we can even make use of it. exactly. 1% is mostly because there is one major player, apple. when we get a 5g iphone you will see a spike. but a lot of other equipment will need to be replaced. but it is not so much about the consumer it is about the enterprises. to me, the impact of that will be in the long—term than within the next year or two. an interesting analysis. thank you very much. the economic cost of the spread of coronavirus in china is starting to make itself felt with several carmakers being forced to ta ke several carmakers being forced to take action. let's go to our asia business hub where rico his honours following the story for us. what are these carmakers doing? you have the

major automakers such as honda withdrawing employees from china and wondering whether to suspend manufacturing in the country as coronavirus ravages the mainland. nissan wants to withdraw the majority of its family members and employees from hand. toyota motor on monday implemented a travel restriction to china until further notice. it is notjust the carmakers. apple supplier foxcomm has ordered employees to in extend a stay and not to return to its wuhan facilities. this will mean a delay in the shipment of popular apple products. a lot of technology food and fashion companies rely heavily on mainland consumers for their sales, disney, mcdonald starbucks and other us companies who have

significant exposure in china and they are suspending operations as well. ikea and h and mare shutting down operations employees from the area. mcdonald said it has closed all its restaurants in five cities in the province until further notice. shanghai disneyland is temporarily closed as well to ensure the health and safety of guest. the economic cost is making itself felt 110w. economic cost is making itself felt now. thank you very much for that. brexit day is almost upon us. britain leaves the eu on friday. many companies are still trying to work out how best to avoid any disruption to trade. allergy therapeutics is a pharmaceutical company based in west sussex and has taken extraordinary steps to make sure it is not caught out by any changes to the way medicines are regulated. allergy therapeutics is a vaccine manufacturing company for people with severe allergy to grass and

tree pollen. we are basting wording about 80 to 90% of our sales are made within the eu. when we leave the eu we become a third country and that means the testing that we do in the uk is not recognised by the eu. as suitable to release the product. so we had to build a laboratory within our facility so we had to build a laboratory within ourfacility in so we had to build a laboratory within our facility in madrid and kitted out with exactly the same laboratory equipment as we have in the uk. but, also, as we other manufacturer we still have to do the testing in the uk. so we actually testing in the uk. so we actually test the product twice. there has been a lot of stockpiling. two lorries, one from the uk and one from spain, to our main customer germany. the stock has been locations and has been quite tricky to manage. we now know that we have another deadline of december this year. i think our concerns are around the shipment. there is still

confusion regarding importation and how that will work. and all of the confusion regarding customs can lead to delays for our customers with the receipt of their vital medicines. the other concern we have is the unnecessary requirement to repeat testing within another laboratory when that testing is already done in the uk. we are optimistic that a deal will be done and that there will be a neutral agreement between the health authorities and that can then mean we can ship as we did before into the eu without the additional test. before into the eu without the that's brief you on some of the other main business news around. it is reported that boeing has secured bank loan commitments for more than $12 million as it faces increased financial pressure over its grounded 737 max aircraft. reuters say more than a dozen banks are involved and

a nalysts than a dozen banks are involved and analysts invest the than a dozen banks are involved and a nalysts invest the com pa ny than a dozen banks are involved and analysts invest the company has lost around $1 billion a month after the jet was grounded following two fatal crashes. the british man accused of playing a key role in the so—called flash crash has been sentenced in the us later. he faces charges over the us later. he faces charges over the incident in may 2010 in which markets fell 5% in five minutes. us prosecutors say he has been helping them probe stock—market fraud and have urged courts to not impose a jail sentence. twitter says the accou nts jail sentence. twitter says the a ccou nts of jail sentence. twitter says the accounts of several leading us national football league teams were hacked ahead of the super bowl on sunday. firm it is investigating the incident. the teams infected include bowl co ntesta nts incident. the teams infected include bowl contestants the incident. the teams infected include bowl co ntesta nts the sa n incident. the teams infected include bowl contestants the san francisco a9ers and the kansas city chiefs. checking in on the markets and global stocks and oil dropped as panicked investors moved away from

risky assets and towards a safer bet slight gold bonds, the dollar and the yen after the increase in the number of deaths from coronavirus in china. that is it for the business briefing. coming up next we have news briefing. don't go away. epi pens are essential emergency medication for some people who suffer from medication for some people who sufferfrom allergies. medication for some people who suffer from allergies. worldwide's shortage means patients have switched to an alternative brand. 0ne switched to an alternative brand. one of those rands is having problems. i've got an allergy. she has never reacted like this. this is the moment that 1a—year—old amber shepherd went into and a flat shock.

use the epipen now. tell her to use it now. i don't know. i don't know. it did not work. i did not feel anything. the needle in the auto injector had failed to fire. it is not the first time this brand had experienced a problem. what brand is it? it does not look like it works. it was a scary moment and when it failed it became more scary. because she was still struggling to brief. i did not realise that it could not work. i was terrified because i thought when i put it into my leg that it would sort everything out and everything would be ok. amber was rushed to sheffield children's hospital. her pen is one of 23 emerade auto injector is reported to have failed to activate in the uk sincejuly. have failed to activate in the uk since july. you feel terrible. you

think that this should not happen when you have regulation in the uk in terms of different devices, when you have companies that actually produce these devices and they are meant to do them in a way that is safe for a patient. these sort of things should not happen. emerade auto injectors have now been recalled on a hospital in pharmacy level not for patients like amber who has already been prescribed them. and for amber, who now relies on an auto injector she is not sure will work, she is concerned about the future. this is the briefing from bbc news. the latest headlines. the number of people killed by coronavirus in china has risen to over 100. lawyers representing accusers of jeffrey epstein say they are our range to claims prince andrew has not

cooperated with american prosecutors they are outraged. time now to have a look at the stories making headlines in the media around the world. starting with the guardian. a headline about the world forgetting what has happened to us, a warning from the survivors of auschwitz, 75 yea rs from the survivors of auschwitz, 75 years after their liberation from the nazi death camp. in the financial times, fears of a global economic blow as the coronavirus spreads further and the death toll rises. britain must come to terms with the fact it is now a small country, that is according to the irish prime minister in this article in the daily telegraph. in the times, a management expert says that women in the workplace are being alienated while there may —— when their male peers talk about sport. and literary legends at loggerheads over whether to boycott the commemorative coin. with me is

rebecca harding, the chief founder of coriolis tech. such moving scenes yesterday at auschwitz, the 75th anniversary of the liberation of the camp, and what struck me is the strength of character of those survivors to go back to the very place where they faced such awful treatment and stared death in the face. it is beholden to all of us to remember at this point, where we have been through such a political upheaval in the last couple of years with the rise of anti—semitism and the rise of extremism across europe that there are people who are still alive who suffered this terrible fate. what yesterday wasn't for me and for a lot of the newspaper is as well was a moment of reflection. what's happened in the last 75 years and what's our responsibility now as a society to move forward and remember

that there's something