in buffalo net to demand the release of regional government officials arrested i've read planned referendum on catalan independence spanish authorities say the vote is illegal and have deployed extra security forces to the region but the president of catalonia insisted the referendum planned photo fast would go ahead. as air berlin's creditors make plans for the future of germany's second largest airline insiders say it could buy a big part but what about the rest. and ryanair is trying to manage its p.r. crisis after canceling thousands of flights but the causes of the cancellations are

not flying anywhere. it's time for business and how you got to get us welcome to the show and please fasten your seat belts germany's flag carrier love transit is reportedly in talks to buy a large chunk of air berlin it's considering a takeover of the insolvent airline subsidiary nikky a spart of a bit to split up the bankrupt company air berlin's remaining assets could go to easyjet and contour another big german airline the company's board of directors is due to discuss the offers and make an announcement later on now the decision i am berlin's future affects thousands of employees who far or fear rather each working day that the could be the last for the company. are layoffs just around the corner air berlin ground crews could soon be out of jobs what routes will remain how many flight attendants will still be needed in a few weeks or months press reports now say the bankrupt airline is dropping all of

its long haul flights beginning october fifteenth. the situation for air berlin staff has grown precarious we don't know which jobs are really secure in the long term and we've been aware for a while that in ministration in technical staff in particular don't seem to have any future here kind of. that's why both unions and the airline are now demanding that german government set up a temporary employment agency as a safety net for air berlin employees left jobless after the dust settles they would be offered financial aid during a transition period while training for new positions in other words air berlin appears to be preparing for an undesirable outcome that the airline can't find an investor to take it on lock stock and barrel carving the carrier up is sure to cost many more jobs and staying in the airline industry ryanair europe's largest airline

by passenger numbers has agard customers with flight cancellations that basically came out of nowhere now the company's chief executive had said it was due to an error in planning the pilots' vacations but now we know there are far deeper problems with the airline and that might cost passenger numbers because they might go down if the low cost airline doesn't deliver answers. the bad news first ryan air may be canceling even more flights at the start of the week the budget airline announced it will cancel forty to fifty flights a day for the next six weeks ryan air boss michael o'leary said this was due to errors made in the planning of pilot holidays. but at a shareholder meeting and dublin today a leary said he couldn't guarantee there would be no more cancellations hundreds of thousands of travelers are already affected the irlen is preparing for up to twenty million euros in compensation claims several shareholders gave vent to their criticisms. of the bad relationship in him and pilots in general and that's where

the pilots are coming back to him now and not new to him halfway consolations are very unfortunate disappointing i have flights booked with minor i now know that they're going. on monday the c.e.o. denied that ryan air had an overall shortage of pilots. that doesn't mean that from time to time we don't make mess ups and we do willis is clearly a mess so i take responsibility for the mess up it is my mess up and therefore i have to clean it up. today o'leary said that he can force pilots to delay a week of leave in exchange for financial compensation. but it now appears the dispute involves more than the question of holidays many ryan air pilots have rejected although there is offer of a loyalty bonus to keep flying during their scheduled leave. instead many signed their names to a letter demanding better pay and full employment contracts. you know speaking of

things that are flying high income outspend shares have searched for the second day in a row after rumors that the german government would be looking to get rid of its close to sixteen percent stake in the country's second biggest lender a german business magazine reported that germany would order tie up between france's been paper veba and. italy's uni credit is also said to be interested we asked for financial perspire and daniel if these rumors are true. well when you talk to experts here on the trading hole they're pretty sure that those whom us are true even though from the finance minister you just mentioned no. but actually you know it makes the german government was jumping in when all of the bands were in those financial crisis they jumped in by that time with more than five billion euros now we're hearing that by selling shares they could at least get some of

their money back around three point two billion euros are in the discussion and you know when you talk to investors here on the trading floor they are very much excited about this new shares of. where one of the strongest winner today here on the trading floor they were up at some time with almost four percent and this is also happening of course after the latest decision yesterday for high interest rates in the united states coming up most likely in december. reports are coming in that the european union has agreed on a new set of sanctions against the country north korea that is the measures reportedly include an embargo on e.u. exports of oil and then reduction to the amount of money north korean workers in europe can send home the bloc also wants to blacklist more north korean individuals a move which would freeze their assets and ban them from entering a new territory u.s. president donald trump announced similar measures earlier on thursday here's what

he had to say. the new executive order will cut off sources of revenue that fund north career's efforts to develop the deadliest weapons known to human kind the order enhanced is the treasury department's thirty's to target any individual or entity that conducts significant trade in goods services or technology with north korea. remarks by wall street of course and their regulators by the way say hackers broke into one of their most important systems now that might cause losses on the long haul as the secretary in charge of the gay sions has repeatedly said now the database had confidential reports like earning statements and corporate transactions from the companies it monitors the vulnerability was fixed shortly after discovery and twenty sixteen according to officials they say they learned only recently how the stolen data may have been

used. and the free trade agreement between canada and the european union better known as sita comes into effect today among many consequences it makes canadian summoned cheaper for european customers by getting rid of import duties but while some in lovers can celebrate here in canada there is growing resistance to the fish farming industry especially among the country's first nations. career said glendale is a member of the nam just nation and indigenous people from the west coast of canada she's now fighting against industrial fish farms like this one which raise hundreds of thousands of salmon in the region. glendale another demonstrators have set up camp in the middle of this farm and they say they've occupied it they want to send a clear message. done with this fish farm industry they have never had

our permission to be in our territories and we've had enough for not now let them destroy our environment our daughters take our salmon away from us. these guys need to get out get out now. the occupied facility was built by a norwegian company marine harvest the largest salmon farming firm in the world it has sales of around three and a half billion euros a year company representatives refused to speak with us the industry is profiting from kind of his new trade agreement with the e.u. which is gotten rid of tariffs and increased production and exports but environmental activists say aquaculture is damaging wild stocks of fish. when they migrate upstream from the pacific to reproduce they swim right past the fish farms and critics say that has spread disease and infection canadian authorities however

play down the issue and say the cage salmon pose no threat to their wild cousins. when at lennoxtown or actually put out into the ocean they go disease free they're raised in hatcheries a land base facilities and fresh water and we actually have a large suite of vaccinations that are given to the fish to guarantee that they're entering the water in a clean and healthy way that may be true but why are fishermen in british columbia catching fewer and fewer wild salmon many factors could be playing a role not least climate change or pollution but most locals blame the fish farms for their empty lines and nets. going into the season we knew it was going to be more warm and i think it's even worse than what they've a project that they were going to. put it all here and not only this area but up in the northern areas has been weak runs through. the first nations

activists are planning to continue to protest the industrial agriculture facilities in their waters and say their rights are being violated even the coast guard is now involved and there's no end to the impasse in sight the numbers say the only solution is for the fish farm to shut down. he unbuttoned cool the world's richest woman has died at age of ninety four she was the principal shareholder of cosmetics giant with an estimated net worth of thirty three billion euros she left the board of movie on and twenty twelfth but her name remained in the news as people close to her became embroiled bill scandal for exploding here as she suffered from dementia . that was your business update thank you very much for joining us i'll see you next time to care about.

the. center. of a. discovery. video and audio podcast and language courses. center at media center dot com.