3000. and. 2020 looks set for close a deal china relations the reason chancellor angela merkel says she'll make ties with china a priority when germany takes over the e.u. presidency in the 2nd half of next year also coming up the e.u. and britain have agreed to on yet another brics a divorce deal but having been there before business on both sides of the channel are cautious and keep stockpiling goods just in case. and beijing's new universal studios amusement park won't ask you for a ticket facial recognition software will ensure you've paid your entrance fee.

welcome to do business asia i want to go to be with us chancellor angela merkel says germany will make relations with china a key issue during its 2020 year presidency she says europe needs a unified policy on china the world's 2nd biggest economy it's also germany's largest trading partner a crucial market for its cost of machinery brussels has taken a tougher line on beijing of late describing it is a strategic competitor germany takes over the rotating 6 months your presidency in the 2nd half of next year. for more let's cross over to our financial market correspondent all the bars are standing by for us in france furred well in other form our economy minister of germany said the difference between europe and china was that china has a plot is germany now trying to catch up here. i think so markel sounds like she at least has the idea of

a plan and she wants to tackle that when she takes on the presidency as of july 2020 and the time is right the partner u.s. is involved in a trade conflict with china and it's threatening europe as well as the w t o's spat over airplane subsidies with the united states until america will has a case to move closer to china and i think also playing a role as that as the e.u. president she can set the agenda for her presidency and get people on board for what she has and planned i mean this is of course going to be the big challenge because what metal also says is that europe is lacking a joint china policy how realistic is it to get one. but it's extremely difficult if it were easy we would have already had a joint policy china's already a major player but it will get more and more important it will continue to grow not

the growth rates we've seen but still plenty of money and orders and consumers in china middle class customers to go around. thing is angela merkel is on her way out she's going to be end of chance 3 for her the latest 2021 and the others know what might be a chance for her to approach her colleagues in the e.u. with a bit of a more schuman touch and get them on board and a great trunk that she has in her hand ursula funder lion the german president of the e.u. commission those 2 perhaps in the past not always the best of friends but they should be able to work together very effectively. there reporting for us from. on china policy thank you so much. the british pound surged today on news that negotiators from britain and the european union have finally struck a new brakes a divorce deal of the currency rose above $1.29 and $1.00 euro 16 on hopes of

britain's exit from the e.u. will be in an orderly manner but the currency remains volatile as some hurdles still remain the other 27 member states and the british parliament have yet to confirm the deal the u.k. is due to leave the e.u. on october the 31st and the ongoing break that uncertainty is putting a lot of businesses under pressure a french confectioner is struggling to meet a demand in the u.k. as shops there are stockpiling sweets for christmas just in case. the workers at french confectioner's cousy are working extra hard this autumn they're packing up box after box of sweet treats to scent of british retailers keen to avoid the christmas crisis that ended in an egyptian and this year is exceptional in that some of our british clients want to have their orders delivered before the famous october 31st deadline which is increased activity even more during the

period from september to october until they are to call. the fare for the company's british clients such as london's famous fortnum and mason department store is that the u.k. could leave the e.u. at the end of october without a deal throwing customs arrangements up in the air with boris johnson facing an uphill struggle to get the agreement struck on thursday through britain's parliament that threat remains on the table. the story log on what that historically britain has to be years in years been our number one x. or market and it's also the market which probably has the best attentional in the future but given this uncertain situation we have decided not to make britain try our city for either 2019 or 2020 in april and we need to develop this work on. some research suggests

a 5th of british firms have been importing christmas stocker early. their concerns could yet to prove unfounded with an agreement once thought impossible now reached but with boris johnson's promise to shake the u.k. free of the e.u. by the end of october whether a deal is passed or not the 2 sides are cutting it rather fine. and now to some of the other stories making news around the world. tech firms dominate the list of the world's most valuable brands apple tops the list by market consultant interbrand the firm is valued at $234000000000.00 google amazon and microsoft all followed with valuations above one $100000000000.00 non take firms has slipped coca-cola placed 5th the top european brand with missy dispense in 8th place. the 3 main distribution companies for pharmaceuticals in the u.s. cason and memory source version and cardinal health have offered to pay

a total of $18000000000.00 to settle thousands of lawsuits drug maker johnson and johnson offered an additional $4000000000.00 the companies are held responsible for their part in the deadly opioid crisis and the us federal communication commission has approved the $26000000000.00 merger off t. mobile u. s. and sprint the deal would slash the number of major mobile service providers in the u.s. to just 3 that's why over a dozen state attorneys still oppose the merger. thousands of rich residents in hong kong opening bank accounts in singapore and other financial centers as protests anxiety about the territory's future international banks including u.b.s. h.s.b.c. and credit suisse have all seen a sharp increase in hong kong customers opening overseas accounts that's according

to the financial times a report by goldman sachs shows as much as $4000000000.00 u.s. dollars in capital may have headed to singapore because of the unrest. harry potter pound and the transformers will be among the attractions of the universal studios amusement park currently under construction in beijing and visitors will need a ticket thanks to cameras that will scan their faces to see if they've paid. visitors to beijing universal studios theme park you don't need show their faces to catch confidant on the minions universal's new park will use facial recognition cameras to internet giant ali baba's pay electronic payment platform visitors can open lockers pay for meals and join xpress queues for rides using their faces was one of the we hope people will discover with amazement that they can travel freely and the whole resort only using their faces to create

a new expression forest tour with space. on the beach on the interview in. china is the world leader in facial recognition technology there are concerns about privacy and its use by state security for a wide scale surveillance many optic ations for commercial purposes such as supermarket checkout and these have been embraced by consumers. since we can use facial recognition to take the subway why can't we use our faces on the most important biological wallers and idea after all operators are keen to profit from china's fast growing middle class. and just a reminder the british pound search today on news that the negotiators from britain and the e.u. have agreed on an orderly form of a break deal for more i'm joined by sylvia del angelo

a senior economist at hermes investment management in london sylvia we've been there before we've had a withdrawal agreement on the table is this deal better than the previous one. well actually it's really just a variation of the day that the resume reached a few months ago the main difference really concerns the backstop for on an island and the related customs agreements or arrangements in bars johnson's trade deal the u.k. would leave the european union because some sunni on northern island will still be subject to the rules and procedures in terms of starry fs of the european union customs union this is a good news for the president because it allows for more divergence between the u.k. and the european union in the future but it's bad news for the democratic unionist party that the u.p.a. . which holds 10 seats in the u.k.

parliament. means that the north northern ireland would effectively end up outside the u.k. which means in turn that it's a very close call where the u.k. parliament will approve this deal or not so there are hurdles in the way what happens if this deal is also not approved by parliament what does this mean for the british economy. well it just means more uncertainty really and the certainty has been significant issues for business investment and growth investment actually contracted last year. and that also has negative consequences for both the growth down the line i think the most likely scenario if the deal does not pass it's like an extension of article $58.00 negotiations and early elections in the u.k. and as i said it would imply more uncertainty. about sylvia the launch

a low their senior economist in terms investment management in london thank you so much for your time. well that's your business update on me and the team and we're watching. the for.

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nice to know that we're going to be there. 30 minutes w. . the book you are now going to keep. the length of. exposing and justice global news that matters to me from tons. of fuel with words from. where i come from you don't want a way from a confrontation. when i was 5 years old my father took me to his friends and i was hooked on the spokesman a sport that you love and sold 20 to a soul. fencing as a language and a good source for it is

a conversation. that must meet your opponent understand that thinking new of the men to get close otherwise. it's not unlike a tough interview really when interviewing politicians all corporate c.e.o.'s you have to wait for the right moment just to get around that defensiveness then make your own fit. just to take risks to get results. i'm got alphas and i work at the deli.

but the day they'll be there is live from bali in brighton in the year. opinion you need reach a new agreement on the terms of. deal must get the backing of the 27 remaining a new member states i think u.k. parliament british prime minister boris johnson's allies in northern ireland have said that they will not support it also on the program of turkey fryers u.s. efforts to broker a cease fire in northern syria and says it will press ahead with its offensive against kurdish forces syria says it will respond by all legitimate means.