the airbus a three eighty runs out of runway production of the world's biggest airliner will grind to a halt in two years. also coming up online retail giant amazon cancels plans to build a second headquarters in new york to go live to work correspondent there for reactions. and kenya faces a shortage of flowers on valentine's day growers are missing ingredient. welcome to the business i'm joined in berlin thanks for joining us european plane maker air bus is halting production of its super jumbo passenger jet the a three eighty after just over a decade the company had hoped the a three eighty would revolutionize air travel but airlines have been cautious about committing to the costly double decker planes

cancelled orders from two key airlines air bus to finally discontinue the model. it's the end of a rather short era barely a decade after the world's biggest cost injure jet first took to the air its maker is calling it a day airbus had hoped the a three a she would squeeze that boeing seven four seven and revolutionize air travel it was popular among passengers who gave it high marks for comfort space to quiet right but airlines were cautious about committing to the costly double decker planes and in the end they just weren't willing to pay the most of price tag to own the flying behemoth. not the company's annual press conference and to lose france airbus c.e.o. tom enders acknowledged the plane was. what we're seeing here is. the end of a large four engine aircraft and this will be. i mean there's been speculation.

for years that if we were ten years. thing becomes clear we're probably at least ten years too late but the eighty three ac experienced trouble from the stars including tension between airbus is french and german management protracted production delays and cost overruns the decision to stop making the super jumbo in twenty twenty one could affect up to three thousand five hundred jobs. it's a great pity this is new territory for us the plane was unique in many ways to do it. course it's a huge setback for airbus but i think we'll get through it we can do it together to . weave in other projects and orders in other areas with other aircrafts aircraft you have to get through. the demise of the a three a c. is likely to cost the plane maker more than four hundred sixty million euros in

losses but the cost to the company's image could be gracious still. plans to open a new headquarters in new york the decision may have been fuelled by opposition from some of the city's politicians but expressed misgivings about the tax incentives the online retail giant had been offered the move which comes after a year long search has spurred hopes that operations and other amazon locations like arlington virginia and nashville tennessee might be expanded instead. joining us now from wall street is our correspondent there luis they are oh hi so so what's been the reaction to the scrap plans where you wore. it's been a bittersweet juno but the amazon a stock price did not suffer any big move sense for the last days it's been rumored that the company would end up with scrapping plans to those who cheer decision claim that this cd is not going to accept jobs that any call stand out both to cd

and the estate they could find a better use of those three billion dollars in tax incentives offered to imus on a company that according to critics also mistreats a worker's and opposes unions but by losing these headquarters plans to create twenty five thousand jobs and invest two point five billion dollars also banishes so does opportunities in real estate and all their business serious that said new york city keeps our truck to check talent and all the big tech companies as is the case of google now and other news that we're also hearing that the u.s. commerce department is releasing a report on that european car important threaten national security all of that actually mean for carmakers. these outcome should not come as a surprise us that fact that trump plans to declare a national emergency in exchange to avoid a new shutdown in washington and it is a spectator department of commerce who will set the base to impose tariffs on foreign cars and. we'll have ninety days to decide if it goes ahead and imposes any

tax or duty as he did last year with the steel and aluminum imports claiming national security risks also he needs to choose from different options such as blanket tower itself twenty five percent covering all day out to industry imposing quarters or just targeting a specific areas such as electric vehicles what is true is that he will probably wait up until the last minute to decide conversations with europe and japan continue keeping things exciting sallow if they are there for us thank you very much. it's not an easy time for french carmaker renault it reported a sharp drop in earnings amid a profit plunge at its japanese partner nissan it's a fresh challenge to an alliance already under pressure since its former architect or knows former boss carlos go and was arrested in november his replacement is in japan to discuss the future of the partnership with nissan executives. the new

chairman of french carmakers i know john dominique so now it is a man on a mission three months after his predecessor was arrested in tokyo on fraud charges it now falls on him to smooth relations with his company's japanese partners and save an alliance that could be in trouble. with my friends of the teams of the senate to see and i'm very happy this morning. we will have just been told and i knew better that this is like a. very happy to meet you thank you very much the alliance with renault ones helped save me some from bankruptcy but some of the japanese firms executives screwed dissatisfied with what they saw as an unequal partnership cinema is expected to soon assume the chairmanship of nissan but nissan says the concentration of power into one executive position is what helped carlos ghosn carry out his alleged financial misconduct that's said to hang over the talks. about it once

there are many different topics to discuss with send out but my responsibility is to talk about the future with him because we have nissan stakeholders and shareholders customers and employees to think about it. back at renault headquarters a presentation of the company's first financial results since the go no rest and they've certainly been better in the past net profit last year plunged thirty seven percent from a record five point one billion euros the previous year hit by stringing profits at nissan thank you we were worried because the issue was to figure out how we could keep going. all responsibility for everyone here today is to carry on the work for all our clients our employees and our alliance with nissan tensions notwithstanding analysts agree the alliance has to stay in place becoming smaller won't help the carmakers take on huge rivals on the global market like toyota and folks working

one of the key reasons for the alliance in the first place. one out of eight german businesses with investments in the u.k. is planning to shift resources elsewhere in light of bragg's it that's the conclusion of a survey published today by the german chambers of commerce and industry that's up from last year back then one out of twelve businesses said they would move investments out of britain roughly one thousand five hundred businesses participated in the february questionnaire the u.k. is set to leave that at the end of march. if you're a florist felon times a day is likely to be the high point of your business calendar that's especially true in kenya the country is the world's fourth largest exporter of cut flowers after the netherlands colombia and ecuador over the past few years the industry has been posting double digit growth but a recent government decision to impose checks of ports has left many florists fearing the go from bloom to bust. there's hardly a better day to be

a florist but here in the kenyan capital nairobi business appears to be wilting probably expecting that the business would get better but it would be close in the morning it hasn't been so good actually we can compare to the rest of the violent times the big business is about is a big. so what's keeping customers away higher prices for one growers in kenya primarily rely on imported first alights are from countries including germany and israel but of recent decision by the kenyan government to crack down on counterfeit products has led to the introduction of checks at ports that's all well and good but lack of infrastructure has led to delays meaning throwers have been unable to get their hands on sufficient quantities of fertiliser you have. to port for five to six months. because a lot of. points.

and therefore the most difficult time for you. kenyans floral industry has been flourishing in recent years bringing in the equivalent of one point one billion dollars in twenty eighteen but if the delays at ports continue they'll no longer be much for told ground for growth. and before we let you go a valentine's rhyme roses are red violets are blue your employer may be sexist and it's gift choices for you were talking about h.s.b.c. a special valentine's day deal for the bank staff in hong kong has caused some consternation male employees for offer discounted laptops and gadgets while women were offered cut price vacuum cleaners and kitchen appliances the move like to have a criticism from h.s.b.c. staff both in hong kong that's headquarters in the u.k. proving gender sensitivity may have been the better gift to give this valentine's

day that's your business update i'm john album alone in berlin thank you for watching.

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would be to give them i have serious problems on a personal level and i was unable to live there with that much i'm going to. want to know their story in full migrants terrified country marble information for margaret's. this is the news africa coming up in the next fifteen minutes the elusive preacha ports on felt the black panther sightings have long been rumored in kenya now scientists have confirmed that most presidents there with a serious offer a images. and the classroom candidate will make the nigerian teacher running for president and find out why he say's education is his priority. then love is in the end god but it's books valentine's day ads national chopsticks we also people.