tui has six airlines. parts of the business are doing well.shine. they seem to. tui warned us that these earnings would not be as rosy as we had hoped for. it is about managing expectations. they knew the results we re expectations. they knew the results were not going to be as good because of the after—effects of the hot summer of the after—effects of the hot summerand of the after—effects of the hot summer and pound sterling. across the year of the hole it is still expecting its results to be broadly in line with what they were the year before so i reasonably healthy profit but expectations have been downgraded. growth in profits which was forecast is not being forecast anymore. debenhams securing a cash injection, a lifeline for them. tui shares down nearly 4% on the back of their results. you're watching business live. our top story: the japanese automaker nissan has lowered its full—year forecast, even as profit for the three months to december jumped 25%. the company has been rocked by the arrest of its former chairman carlos ghosn. now

year outlook, but warned of growing macro economic uncertainty and at the bottom of the leaderboard tui has seen its losses deepen aafter a summer heat wave across northern europe took a toll on its operations last year. the travel group saw its underlying loss grow from 36.7 million a year ago tui has cut its guidance saying it can no longer achieve at least 10% in ebida growth over the next three years ceo fritz h uh-huh sen described the market as challenging and said customers are buying products, but at lower prices. >>> theresa may will give an update on breck xit negotiations may is seeking changes to the withdrawal agreement after lawmakers expressed concerns over the irish backstop. now, the e.u. chief brexit negotiator has warned the u.k. that something has to give in talks over the backstop. speebing in luks emburg, they said the e.u. is determined to orderly an orderly brexit. they also met with -- where constructive talks were held according do a u.k. government spokesperson speaking after meeting with luxembourg's prime minister, barnier stressed the current deal offers th

the travel giant tui, which owns what used to be called thomson holidays, has reported a loss of 84mof 2018 — that's about 73m pounds and is well over double what it made a year before. the car giant nissan said profits for the last three months of last year fell 76%. it said a large part of that was to account for previous salaries and other charges that hadn't been taken off in previous years. these are the first results since the arrest of former chief executive carlos ghosn over an accounting scandal. consumers' access to cash as an alternative to digital payments should be protected by a dedicated regulator, two influential organisations say. both the consumer group which? and the federation of small businesses say with hundreds of cash machines closing in recent months and more bank branches shutting some people are struggling to pay in shops. jenny ross is the money editorfor which? and joins us now. how bad is this problem, how fast is it developing? the rate of change is pretty rapid, we have analysed and found that atms and anchorages are closing at unprecedented rates, 500

translation: tui is not cancelling any flights, because the ten flights planned to or from the charleroi will be diverted to lille or amsterdam. we really want to allow our passengers to continue on their holiday destinations as fast as possible. the strike is set to end by 10:00pm brussels time. until then, stranded travellers are attempting to look on the bright side. as one commentor put it, the best thing about brussels is that it is easy to get out of. kim gittleson, bbc news. britain's prime minister, theresa may, has asked mps for more time to discuss a brexit withdrawal deal with european union leaders. with no breakthough in the talks, there is mounting speculation that mrs may could delay any vote on her eu withdrawal agreement until close to 29 march, when the uk is due to leave. the opposition labour party has accused the prime minister of wanting to leave mps with a stark choice between her deal and no deal, but she has denied claims that she is running down the clock on brexit. the talks are at a crucial stage, and we now all need to hold our nerve to get the changes this h

translation: tui is not cancelling any flights because the 10 flights planned to or from the charleroierdam. we really want to allow our passengers to continue on their holiday destinations as fast as possible. the strike is set to end by 10pm brussels time. until then, stranded travellers are attempting to look on the bright side. as one commentor put it, the best thing about brussels is that it is easy to get out of. kim gittleson, bbc news. the australian government has responded to a major defeat on immigration policy by announcing that it will reopen the christmas island detention centre. the centre closed last year — it held around 300 asylum seekers in 2017. earlier i spoke to our correspondent in sydney, hywel griffith. i asked him if reopening christmas island was a way of getting around this policy defeat. it's certainly drawn attention towards the government's border protection policies and allowed it to look tough on immigration, and accusing the opposition, which had a major victory in parliament last night. accused it of being soft and potentially opening the door to more

tui shares have fallen by almost a fifth after the travel company was hit by slower summer sales, a weakreferences for where we go on holiday. shares in 0cado falling as firefighters continue to battle the effects of a fire that broke out at the online retailer's flagship warehouse on tuesday. interestingly the pound was lower before the bank of england gave its update despite rates staying on hold and that gloomier forecast for the economy, the pound has recovered some of that lost ground this lunchtime. that's all the business news. let's get more on the uk's four chief medical officers issuing their first advice on the use of screens and social media by children and young people. they have urged parents to put their children's phones outside the bedroom at night, to ban the devices at meal times and never assume a child is happy to have their photo published online. my colleague, victoria derbyshire, has been talking to children who've been subjected to horrific online images, the mother of a teenager who took his own life, a woman who says social media inspired her self—harm, and ali

senators kamala harris, cory booker, kirsten gillibrand and elizabeth warren, anand congressmember tuibard. a federal judge approved a plan for puerto rico to restructure a portion of its debt monday, which would require puerto rico to pay $32 billion over 40 years. critics say the deal will allow vulture funds to make huge profitits by buying up those debts. several of those vulture funds include public employee pension funds and the investment funds of harvard, princeton and yale. judge laura taylor-swain, who held a hearing on the proposed deal last month, echoed critic'' concerns about puerto rico's ability to make the payments and the likely effects on public services. however, she said in her decision, quote "the court is not free to impose its own view of what the optimal resolution of the dispute could have been." we'll have more on puerto rico later in the broadcast. in alabama, the attorney general cleared the officer who shot and killed 21 year-old african american man e.j. bradford at a birmingham-area mall on thanksgiving day, after responding to an unrelated shooting. the

. >>> paying college tui and room and board can be stressful. >> many r gy onnts and loans. when those run out, staying in schoolie r on the kindness of others. molette green isoing the tell us about the hidden halo project. >> reporter: i love it. we're at howard universitthis morning. 34 students got in hugerp se, their tuition. their outstanding tuition fees paid for. there's a big check coming in. where are my three students? where are my student recipients? three of them are here this here's the big check. all of this coming out of a church-wide fast. we're going to talk about how that's goingpa to young lives. i mean, this says $100 r00. yoused more than that. >> we had 4,000 people commit. buav we could never expected this level of jgenerosity.ep >>ter: not just howard , students but other students will benefit from this. we'll talk about that coming up in the 6:00 hour of news 4y. to back to you guys. we're excited about this. >> that's exciting, for sure. molette, thanks. >>> good morning. ikea plans a radical departure from its business model. the largest furniture

happy monday to you both tom, another in a by tuy the dip move to the extent we had dips. >> i thinkar's stocks in that waterfall decline priced into recession earnings i think are showing more speed bump than economic contraction, and the fed's turned less hawkish. i think with positioning, that's the best odds since 2009 i think people should be buying the dip. >> to what extent are you watching earnings, getting new information or are they confirming your mindset coming into the year? >> well, i think that they've allayed the word fears i think people thought trade and the shutdown and the decline in markets, and even some regions, even the fed showed contractionary dynamics, but it is a decent earnings season so i think it is good news overall. >> david, your read from the fed and how it effects the outlook for the year >> i might take the other side from tom no doubt about it, the market discounted weakness, given that sharp decline that we had in september, and we were so oversold that by some measures it was like you could go back to beginning of prior bull markets, the beginn

trouble at tui. northern england. more details in 15 minutes. tuesday 12th february. our top story... anyone who has a serious criminal conviction will be barred from getting a taxi license under plans being set out today. the government wants to introduce stricter background checks in england, and is even considering forcing cabs to have cctv to protect vulnerable passengers. our transport correspondent tom burridge has the details. i‘m just from licensing, how are you? pot checks in newcastle. they have tightened the rules for issuing taxi licences here after private hire cabs were used by a gang over a number of years to abuse young women. 18 people be jailed in 2018. 29 drivers have had licences revoked in the past year. four had been previously convicted of sexual offences. in response, newcastle join ten other councils in the north—east of england to create a single licensing body so the same standards and checks are applied when issuing licences. i think the local authorities are all cognisant

the worst performer today is tui , the travel agency down nearly 15%.up, it will be its biggest decline on record since it ipo due in 2014. a profit warning blaming hotter summers. also affects effects with the weaker pound. another travel agency, thomas cook, up 10%. they suffer from some of the same issues with that hot summer the difference being they announced plans today that they might consider strategic options for their airline's business. analysts saying the extra cash to give may fresh injection. investors also feeling positive. divergent fortunes of the travel sector. bloombergt -- terminal users can interact with all the charts we've seen. g tv is a function to use if you like charts. , this the charts is next is bloomberg. ♪ anna: welcome back to the european open. the stoxx 600's up by three tenths of 1%. the ftse 100 gained a little bit of a boost this morning. thely flat outperforming sector by 0.6%. this get to the battle the charts. dani burger is going head-to-head with matt. one of the remarkable things is the appetite for fixed

tui travel down nearly 5% this morning as they saw seasonal loss double and a lot of this has to do withtter summer in the u.k. and the scandinavian markets. that kept more people at home and brexit weighing on profit, saying that kept more travelers at home due to a weaker pound. anna: a few movers to the downside. in keeping with that theme, let's have a look at what has been the latest talk on the recession in the united states. hedge fund manager kyle bass has warned a u.s. recession is on the horizon. the haven capital founder sees a dip by the middle of next year as fiscal stimulus wanes. he spoke about fed policy and his global outlook. and: if you look at asia the subcomponents of chinese industrial production, the four of five of them are in negative territory. italy entered recession a week and a half ago. germany's internal numbers look like it will be in recession in the next three to six months, and the u.s. has this positive stimulus coming from the tax 50 --hat we believe had a $250 billion impact last year. next year, a will only be $150 billion. you have to look at the d

maria, maria -- [singing in latin] mulieribus benedictus benedictus fructus, fructus ventris jesuss tuirtis in hora mortis nostrae mortis nostrae nostraemortis ave maria ♪ ♪ vice-president biden: bless me father, for i'm about to sin. [laughter] [applause] >> again? vice-president biden: again. and again and again. father jim, pleasure meeting your acquaintance. we are going to see to it that all help is cut off to this church because of you. [laughter] thankdding aside, father, you very much for the hospitality, but i want you to know, there's only a few things john and i had in common, he was so much better than i was at everything, but we agreed on one thing. satchel paige got it right about age. when satchel paige pitched his andagainst the chicago cubs on his 47th birthday, he did not get to the majors until after jackie robinson did, and probably the greatest pitcher in the history of baseball with an arm at 47. he pitched a win on his 47th birthday, and the press went into the locker room and said, amazing, 47 and pitching a win. how do you feel about being 47? he said, i don't l

roker and get a first check of our weather on this tuy. al, good morning. >> good morning, guys. good morning to you. thanks forgetting your firstus weather from early spring. last week about 120 record lows set. look at this. we'll have probably about 200 record high temperatures over the next several da. in fact, from shreveport all the either o caribou, we're going to break records, tie them or come within three degrees. and for the patriots, you're not going to set a rec tday for your high temperature, but for the victory parade, 60 degrees in boston. clouds mixed with sunshine. t look at warm weather. it lasts into tomorrow. lubbock, texas, 15 degrees above average. mobile, 73, 11 degrees warmer. morrow in philadelphia, 60 degrees at 57, memphis 19 degrees above average at 68. tallahassee 11 degrees warmer at 77. but there is a winter chill just to remind you we're still in february. look at this. on thursday, 11 in omaha on thursday, 2 in minneapolis, chicago 18. that coldir moves to the east, gain, bringing us more down to seasonal conditions. on saturday, boston is 30, 39

how do you figure out where tui this size?rly stages of the design -- >> reporter: penny mcphee is president of the arthur m. blank organization, the philanthropic arm of the namesake, who owns mercedes-benz and the falcons. we toured the stadium while preparations were underway for the super bowl. people don't always think of art and the super bowl. how do you come up with the idea? >> arthur and his family are passionate about the ability of art to touch everyone. i think more importantly, everything we did in this stadium was meant to inspire awe and wonder. and art is another way of accomplishing that, of surprising people and giving them a wow moment, something they didn't expect. >> reporter: nearly entering mercedes-benz you'll find the wow moments. from the 41-foot-high, 36-plus-ton metallic falcons sculpture with a wing span of 7o inside where an inspirational quote welcomes you. not from vince lombardi but a revered ancient jewish leader. "if i am not for myself, who will be for me? and if i only for myself, then wha

como demuestra el documento le dado al comitÉ copias de los tuis que el seÑor donald trump me enviÓ atacÁndome al presidente el comitÉ de selecciÓn permanente sobre inteligencia y a usted, presidente del comitÉ para defender la instituciÓn y a mi familia contra los ataques por parte del seÑor donald trump y tambiÉn a los republicanos que tambiÉn le han dicho al presidente que ha actuado de forma indebida. yo no soy un hombre perfecto. yo he hecho cosas de las cuales no me siento orgulloso. pero vivirÉ con las consecuencias de mis acciones durante el resto de mi vida. pero hoy en dÍa yo puedo decidir cuÁl es el ejemplo que le voy a mis hijos y como yo voy a tratar de cambiar como la historia no a recordar a mÍ. quizÁs no pueda cambiarla pasado pero si puedo actuar correctamente ante el pueblo estadounidense . con gusto y a responder la respuestas. >> de esta forma concluye el testimonio que brinda michael cohen el ex abogado personal del presidente donald trump ante el comitÉ de supervisiÓn gubernamental. ahora comienza la ronda de preguntas muy duras por parte de representantes demÓcratas y re

travel giant tui, which owns what used to be called thomson holidays, has reported a loss of 84m eurosl in profit for the three months to the end of december — but a large part of that was to account for previous salaries and other charges that hadn't been deducted in previous years. these are the first results since the arrest of former chief executive carlos ghosn over an accounting scandal. hello. taxi and private hire drivers could have to pass enhanced criminal record checks under government proposals. the department for transport has launched a consultation on new licensing guidelines to protect vulnerable passengers. the consultation will also consider whether cabs and private hire vehicles should be fitted with cctv. last year a government report found that the laws regulating drivers were not "fit for the modern world". wes streeting is the mp for illford north and chair of the all—party parliamentary group on taxis. good morning to you. let's look at these proposals because they are quite wide reaching but i'm surprised a lot of the things that we are addressing are not in pl

the travel giant tui, which owns what used to be called thomson holidays, has reported a loss of 8a million profits for the last three months of last year fell 76%. it said a large part of that was to account for previous salaries and other charges that hadn't been taken off in previous years. these are the first results since the arrest of former chief executive carlos ghosn over an accounting scandal. asi as i was saying, democrats and republicans, there seems to be some kind of agreement that they will announce. but he's not getting all that he asked for. he asked for more than $6 billion, he is getting over $1 billion, he is getting over $1 billion, he is getting over $1 billion, he wanted to build 2000 miles of wall, now he will build only 55 miles of wall... he wanted to build it in concrete, he will be able to build it in some kind of fencing, the kind of fencing you might have around your own garden! without the electricity i have on mine, yes... laughter sorry... you have got to keep your fa ns sorry... you have got to keep your fans at bay somehow...! sorry... you have got to keep

tui suffering a drop in sales. the pound against the euro is up during the day.n britain. the first of its kind. the plan is to charge an extra £2 a night in hotels and b&bs and hostels. 0ther night in hotels and b&bs and hostels. other cities in britain have been looking at similar schemes. 0ur scotland correspondent has this report. arriving in edinburgh, one of the hottest tourists places in the uk, gets more popular every year but what difference would a tourist tax make? i do not see how today's tax will in -- make? i do not see how today's tax will in —— encourage people, that it is taxable make it more expensive. i think it would discourage more people. there are strong arguments for and against. visitors and residents acknowledge something needs to be done but is this right way to do it? i would hope the council would think about spending it on keeping the streets clean. tourist tax, that is terrible. it is a lot for the people so it is good to pay the money. t think it would discourage people from coming to your city? yes, definitely. but council leaders