but it certainly isn't all bad news airbus is underlying profitability is strong with an increase of almost 7000000000 in revenues and a rise in commercial plane deliveries last year the ongoing difficulties at major rival boeing has helped the european giant continue to book major deals in january boeing sold no commercial planes well airports sold 274 however airbus has been hit by production delays and added to the damage done by the fines it says it will take a more cautious approach to production and deliveries in 2020. now let's check in with our financial correspondent. in frankfurt just about how the markets take these figures today from us. it's been a pretty lukewarm reaction on the on the positive side higher revenue the profit when you exclude that charge for the for the bribery settlement which investors knew was coming so that was a nice surprise but the results were pretty much across the board better than what wall street had been expecting but i think this really underscores that while there there has been so much attention on the problems that boeing is having airbu

amid the self-congratulation and the flurry of figures it's easy to miss the big news but at the airbus annual gathering on thursday there was a gaping 3600000000 euro hole that was pretty much unmissable. small which final agreement with the french you can u.s. authorities resolving investigations into others we have agreed to pay and then thousands of 3600000000 euros press interest in costs this is the price to pay to turn the page on those best practices and move forward president airbus had to pay the fine to settle a long standing investigation into accusations that between 20042016 the company used intermediaries to bribe public officials in numerous countries for contracts on top of that the company has incurred extra costs of 1200000000 on its troubled a 400 m. military transport programme. it certainly isn't all bad news there both his underlying profitability is strong with an increase of almost 7000000000 in revenues and a rise in commercial plane deliveries last year the ongoing difficulties of major rival boeing house helps the european giant continue to book major deals i

airbus bought that take.hey now own 75% of that and will be able to boost production they have a narrow bodied segment where this operates. airbus will try to build up a littlity it takes a long time to steer the ship they have an eight-year backlog and they are trying to position themselves for the future. >> shares here under pressure. presumably investors wanted more than they were given this takes a really long time to turn things around because of the crisis with boeing where you have an eight-year back log. this is put in place and they want to look conservative and realistic in delivery and targets. they had a lot of issue and delays in the assembly plant on the back of the coronavirus virus crisis they have about six month behind on the i 320 program they said they will catch up on this in 12 to 18 months. they want to address all of these before they can ramp up. as the market is growing with more and more asian customers. >> a lot offism pact here. still on deck, ranking the world's top brands accor

it will threaten directly rolls royce which is currently the only engine option on the airbus a model but let's not forget that g.e. has already increased production of engines for airbus a rival model to boring to 737 mikes since last march iraq you know it's not great for p.r. at least to see a big american company like g.e. having to reach out to a european rival to get work like that thanks for joining us jose luis to hire oh in new york. and speaking of airbus the european play maker says it plans to cut almost 2400 jobs from its defense space division before the end of next year the department employees a total of 34000 people worldwide hours of slowing activity for the space unit and delays to key defense projects last week was announced a 1200000000 euro fine from its a 400 m. military transport of project control contributed to a 1000000000 euro loss over all for 2019. now british businesses have been told to get used to the idea of a world without cheap labor the u.k. government has announced its prospects of immigration plans under a new points based system low skilled work

after his resignation >>> the results are better than forecast sending shares sharply higher >>> airbus shares open in the red after the group's bribery settlement eat into profit despite 2019 orders and deliveries we speak to the ceo later on today on cnbc. >> it has been a very busy day for earnings across the board. bank earnings are front and center with three financial groups releasing full year numbers. starting with barclays the bank will be tough market conditions a profit of 3.26 billion pounds. earnings rose in part thanks to a 17% performance. results have been overshadowed by ceo links to jeffery epstein who committed suicide while awaiting trial on sex trafficking charges. they said he had not had contact with epstein since becoming ceo. after reports that stayly visited epstein in prison. >>> credit suisse posted a surge with thebest bottom line performance since 2010 the figure came in short of expectations keeping fresh on the shares and pre-market trade. as thiam completes his final days as ceo. he hailed the impact of the restructuring he undertook in 2019 he said the

and in spain airbus has plans to cut hundreds of jobs every sympathy arias reaction. this is deja vu business on what's been learned long . u.s. services sector has registered its 1st drop in activity since 2013 there was a notable worsening in the section of the united states economy that includes finance and retail joining february according to research by i.h.s. market there's also a slowdown in manufacturing output because no surprise to us here part of the problem is the corona virus outbreak in china. well let's get more on this from our correspondent on wall street jose luis de haro so jose what exactly is behind these disappointing figures. certainly rob boring in the corner by was are starting to take a toll in the manufacturing and services sectors here in the united states for starters deserving 37 mags crises house for just going to hold the plane production and could end up a shaving up to percentage point to u.s. growth in the current quarter at these also for. airlines and speaking of the industry it's getting here on several fronts the 737 max ground d

your aviation giant airbus overtook rival last year as the world's number one plane maker. but the company also faced its own financial challenges as alison sergeant explains. in many ways twenty nineteen was a great year for airbus its revenues rose by 11% to seventy point five billion euros. and the company delivered a record eight hundred and sixty three jets. will still with all accounts settled airbus saw a net loss of one pointnt three sx bibillion euros. the company's ceo told france twenty four it was a year of contrast. missiles whistled for viewing eight hundred and sixty three plane deliveries as a record in the industry under record for us. but at thee same time this was the year we acknowledge the following that have also agreed to french british and american legal authorities for their investigations. a store were looking into a accusations that airbus use third p party a agens to bribe public officials from over a dozen countries to buy its planes and satellites. the three point six billion euro settlement was the main hit to the company's bottom line but air

the fallout from a bribery scandal at airbus is reverberating across the aviation industry airbus agreed to set aside up to 3600000000 euros to settle a corruption probe by authorities in france britain and the us air asia is airbus is largest customer for single jets. fernandas famously bought the malaysian carrier for one ring is in 2001 he and moran and will remain with the airline as advisors. says well up 20 percent at the beginning of the week it's the company's biggest gain in 7 years that comes after the electric car maker announces its 2nd quarterly profit in a row of view the result as a milestone for the company as it seeks to compete with established industry heavyweights. or general motors i sometimes success can go to your head. on musk in china last month unveiling the model why i detest the phone down losing himself in the moment and no wonder these are electrifying times for the economy car. 2 consecutive profitable quarters sales growing and a share price up 20 percent in a single day tesla is no valued at a staggering $140000000000.00 u.s. dollars for context that's mo

in 2019 airbus should have been well flying it hadn't posted a loss for a decade and boeing 737 mac's crisis saw the european company saw to become the world's biggest plane maker but instead sank to a disappointing annual loss the question is why. well for one thing problems delivering it's a 400 m. military transport hit the company to the tune of 1200000000 euros it also struggled with production delays elsewhere but ever see exact speaking on thursday knew the biggest factor driving their company into the red was a great form of corruption a small which final agreement with the french authorities is ordering investigations into airbus we have agreed to. 3.6000000000 euros press interest in costs this is the price to pay to turn the page on the practices and move forward the practices dion for he is referring to the bribing of public officials around the world in order to secure contracts airbus was accused of corrupt activity in at least 20 countries between 2004 and 2016 following a 4 year investigation it agreed to pay the fines approaching $4000000000.00 euros . there may still

years referring to the bribing of public officials around the world in order to secure contracts airbus was accused of corrupt activity in at least 20 countries between 2004 and 2016 following a 4 year investigation it agreed to pay the fines approaching 4000000000 euros there may still have been smiles at airbus as results announcement on thursday after all if you ignore the fines the company was safely in the black last year but a scandal that once resulted in the resignation of your entire management team is a difficult thing to ignore. so corruption is costing us big and even though one case may be settled the story is not over embattled colombian flack area of young is also investigating its relationship with us and trust to determine if it had been involved in past wrongdoing on wednesday columbia's attorney general search the offices and said the search may also provide information for the pro studio and. how they will always talk about corrupt countries and how many of them happen to be in africa we rarely talk about companies actually pay these bribes my question is if huge com

the fallout from a bribery scandal at airbus is reverberating across the aviation industry airbus agreed to set aside up to 3600000000 euros to settle a corruption probe by authorities in france britain and the us air asia is airbus's largest customer for single jets. fernandas famously bought the malaysian carrier for one ring given in 2001 he him around and will remain with the airline as advisors. in thailand to brew as dominates the beer market with their brands singha and chang and they've got the lower on their side only those with a capacity of at least 10000000 liters a year are allowed to brew and sell beer in stores that make small businesses practically a legal number of microbreweries a fighting that. every beer from his tap is an act of rebellion. for 8 years we cycle now has been running an illegal microbrewery on the outskirts of bangkok for brewpub to be legal in thailand it has to produce at least $1000.00 hectare leaders per year cycle aus open air bar falls far short of that. the go big get caught 5 parties are raving about average. i'd be average or any good has made

making airbus planes more expensive the u.s. increases tariffs again as boeing's problems leave airlines waiting. and the sound of the pharaoh's why saving one of the world's oldest musical instruments has become this man's personal mission. hello china's foreign minister has accused some countries of causing panic over the corona virus outbreak when he made the comments in the german capital as a big drop in the number of new infections was reported by health officials inside china there were just over 2600 recorded on friday a little over half the previous day the death toll has now passed 15 hundreds it's get an update from a germ brown who's joining us from hong kong so what more are we hearing about this drop in the number of new cases from the mainland is there any way to independently verify these figures adrian. no we can't independently verify these figures and of course this information these statistics are coming from china's health commission and you always have to be careful i think with chinese government statistic

making airbus planes more expensive the u.s. increases tariffs again as boeing's problems airlines waiting. center sri lanka where farmers and elephants are fighting for survival. fellow the number of people killed by the corona virus has risen to over 1500 with 143 more deaths reported on friday almost all of the 66000 cases are in china province but all forty's are saying that the number of new infections has halved from the previous day let's get an update from a germ brown he's joining us from. beijing adrian so what more are authorities there saying about the drop in the number of new cases and also the management of this epidemic. well i'm actually in hong kong but as you rightly point out in your introduction during the death rate it was again quite high on friday but there is a crumb of comfort here because the death rate was 27 up on the previous day now it's hard to talk about positive developments when people are dying and still being infected but i think we can take a crumb of comfort i sense from the fact that the r

it will threaten directly rolls royce which is currently the only engine option on the airbus a model but let's not forget that has already increased production of engines for airbus a rival model too boring it's 737 mike's round it since last march iraq you know it's not great for p.r. at least to see a big american company like g.e. having to reach out to a european rival to get work like that thanks for joining us jose luis to hire oh in new york. now british businesses have been told to get used to the idea of a world without cheap labor the u.k. government has announced its post-breakfast immigration plans under a new points based system low skilled workers from around the world will not be allowed in. when british prime minister boris johnson looks out to see one thing he envisions is a harder border for migrants wanting to work in the u.k. home secretary pretty patel describes the scheme as a radical shake up this basically redefines our immigration policy so the brightest in the best people with skills need to come to the u.k. and we will no longer have the routes for cheap lo

said of the situation airbus is relieved to be here today after having had a rather painful past now earlier this week air bus had committed to settle the allegations prosecutors said the fine was cut in half due to airbus cooperation share buses or shares in air bus fell point 9 percent on the news but are still up over the past year the settlement ends a 4 year investigation for the french based company. and finally today your friendly neighborhood spiderman will be swinging over disneyland's new adventures campus coming to a california park this summer now according to a video posted by disney parks on friday the animatronic spiderman will web sling in the air over the attraction while doing flips and other superhero esque moves before disappearing below some buildings and out of sight now does the added that the fans will apparently be able to web sling alongside spider-man however it's not clear exactly how the. that's going to work and whether it's safe but those who watched the disney plus series the imagineering story got a sneak peek at the development of spidey as they illu

the mix to the astor so that's a mixed picture in the long term of course all of this strengthens airbus position because boeing is concentrating on fixing the problem and as i stated here as well designing the future so any day of the grounding of the macs we can boeing and gives airbus a competitive edge in the long term yes. and i want to stay with us while we look at one more news item related to air bust the company using the singapore air show to unveil a prototype of what it believes could be the passenger jet of the future now the maverick is a scale model of what's known as a blended wing body aircraft airbus planes the revolutionary design would give travelers a totally new experience and be 20 percent more fuel efficient than the passenger jets we use today. and back to our initial this idea fuel efficiency this idea of reading to basically at the center of this is carbon emissions in one sense and i want to ask you has the aviation industry really had to consider and grapple with this issue of a missions as much as say the auto industry has where it's obviously in a race to c

making airbus planes more expensive the u.s. increases terrorists again as boeing's problems leave airlines waiting. a min of an end as in notes and to sri lanka where farmers and elephants are fighting for survival. below china's foreign minister has accused some countries of causing panic over the corona virus outbreak yang made the comments in the german capital as a big drop in the number of new infections was reported by health officials inside china there were just over 2600 recorded on friday a little over half the previous day the death toll has now passed 1500. some countries have stepped up measures including quarantine measures which are reasonable and understandable but some countries have overreacted which is triggered unnecessary panic farge adrian brown is in hong kong and he says if accurate the figures from china's health commission show a positive development. this information these statistics are coming from china's health commission and you always have to be careful i think with chinese government statistics

the ceo of airbus joining us. of one of the three cruise ship's, this is not the japanese ship with the increased infection rate, this singaporey north of miles and miles across the gulf minhailand from ho chi city, go directly west past vietnam to cambodia and the ship is finally found -- has finally found land. it is remote and distant from what was planned. a ship finds land in cambodia. this is bloomberg. ♪ bloombe not say it was a noninterview. it was one of the few interviews he did and it was awkward because he is aboutwn and said he did not know if there were any spying scandals. when i am back in new york, maybe even tonight. tom: we will talk about this in the next hour. an important interview and an interview with mr. staley of barclays. andrew she's -- andrew of morgan stanley. it is worldwide, central bankers inflation says who? is a well-established narrative that there is no inflation at the moment. inflationary pressures are modest, absent and u.s. core cpi has been 2% or higher for the last 22 mon

airbus has unveiled a test model of what it believes could be the passenger jet of the future dubbed the maverick it features a revolutionary design that sought to be 20 percent more fuel efficient than the processor jets they use today airbus claims that would give travelers a totally new experience one of the challenges was making sure those on board wouldn't be thrown about too much when the axe cop takes a turn. it could be a bumpy ride and that's it for me and the business team here in berlin you can get more on our website that details the dot com slash business we're also on social media do feel free to drop us a line on facebook and twitter for me as go by and take a. dump truck show. strong. clear positions. for. every week we get to the point to our current topic. coming. to the point. of. liz lee. listen carefully. simply to listen to get. plenty discover the a lead. live. documentary to. plato is for me plato is for you. live it's for helen's beethoven it's for her live. is for the. beethoven is for. plato for his forelegs. beethoven 202250th anniversary here. this is bri

in total airbus planes to cut around $2300.00 jobs across europe over the next 2 years. now sacks of corn have long been a feature of mexican life it's a staple of local cuisine and provided the backbone for the civilization that they came modern mexico but droughts have meant its reliability as a crop has fallen into doubt some farmers and now looking to grow something else. once again the corn harvest has failed into account in the mexican state of puebla playbill has just recorded the warmest year on record from a pool furio garcia used to harvest 4 tons of corn per hectare. these days it barely gets 700 kilos most of it has fallen victim to drought. all the rain that was supposed to fall in june july august or september that's what we see now the maize didn't grow because there was no rain. even though it's a staple food in the mexican cuisine normal corn has no future here anymore climate change is forcing farmers to adapt. the farmers association has set its sights on more hardy species of corn. in the symbols of our plans at work we focused in recovering native co

airbus has unveiled a test model of what it believes could be the passenger jet of the future dubbed the maverick it features a revolutionary design that sought to be 20 percent more fuel efficient than the passenger jets being used today airbus claims it would give travelers a totally new experience one of the challenges was making sure that those on board wouldn't for when the aircraft moves. for me in the business team here in berlin you can get more on our website that's dot com slash business we're also on social media to drop us a line on facebook and twitter for me it's to buy and take care. when others give up. natalia keeps on fighting. many russian mothers are in similar situations. their sons have run afoul of the country's arbitrary justice but her only hope is protest. and she's not a law. abiding citizen of god in 60 minutes auntie dollars. will go to the girl max you do child. close to a good line of stories. with exclusive insights. and a must see concerning our culture to your own. place to be full curious minds. do it yourself networkers the book. so subscribe it do

airbus has unveiled a test model of what it believes could be the passenger jet of the future dubbed the maverick it features a revolutionary designed them to be 20 percent more fuel efficient than the palm their jets be used today airbus claims that would give travelers a totally new experience one of the challenges was making sure those on board wouldn't face thrown about too much when the aircraft takes a turn. it could be a bumpy ride and that's it for me and the business team here in berlin you can get more on our website that details the dot com slash business we're also on social media do feel free to drop us a line on facebook and twitter for me to sit by and take us. through the conflicts with sebastian. my guest this week your road to the jesuit priest father solo who is a leading experts closer to abuse of the of the clergy there's the boss of whom sue is above neutral who will continue to provide all who choose to cover so priests who commit to cool conflict the. next day. when others give up. natalia keeps on fighting. many russian mothers are in similar situations and t

but airbus is more of a. quasi government subsidized organization or boeing is just a pretty much a public company that does get incentives from the government but the subsidies are pretty different if you in comparison between whatever airbus gets from its government versus what boeing gets in the forms of. less importance of subsidies. kyle bailey than aviation analyst speaking to us from new jersey thanks so much for joining us there they have a good night. well still ahead on the jazeera a show of strength by female supporters of iraqi cleric. others define his call to stop protesting alongside men. from the sound of the pharaohs why saving one of the world's oldest musical instruments has become this man's personal mission. and despite a lack of snow shortening the race the reality of sweden finally getting some to way that's coming up with joe and. hello again welcome back to international weather forecast well here across asia we are watching back to back storms making their way from china up here towa

meanwhile boeing's european rival airbus says it plans to cut almost $2400.00 jobs from its defense and space division before the end of next year the unit employs a total of $34000.00 people worldwide because it's are a result of slowing activity for the space unit and delays to key defense projects last week airbus announced a 1200000000 euro fine from its a 400 m. military transporter project contributes to a 1000000000 euro loss overall 429000. now the new china u.s. trade pact could be bad news for german exports that's the outcome of a study by the keel institute for the world economy in the so-called phase one of the deal the chinese commit themselves to buy u.s. products worth $200000000000.00 a year and that means a lot of what china used to buy from other countries like germany will now be bought from u.s. companies the research team estimates that german exports could shrink by 4 and a half $1000000000.00 euros as a result that's 5 percent of total exports and now the coronavirus has entered the picture and the harder it hits trade the worse things are set to become most vuln

meanwhile boeing's european rival airbus says it plans to cut almost $2400.00 jobs from its defense and space division before the end of next year the unit employs a total of $34000.00 people around the world the cuts are a result of slowing activity for the space unit and delays 2 key defense projects speak airbus announced a 1200000000 euro fine from its a 400 m. military transport project contra bit to a 1000000000 euro loss overall for last year. the european union is already taking an aggressive approach towards the likes of google and facebook with its anti-trust investigations and tech tax plans but now the e.u. says it wants to beat the american web majors at their own game by competing with them on artificial intelligence. and brussels free university the european commission's president meets artificial intelligence headset view enhanced by a computer tomography image belonging to a real patient. we need clarity about data and especially in health research data is a bottleneck the european commission is supportive it's out to catch up in the race against the us internet giants

if you look at the airbus, those engines are state—of—the—art, much more efficient than previous modelshape is responsible for saving fuel as well and all of this means that the aircraft as a whole is 20% more efficient than its predecessors and creates an awful lot less carbon dioxide. further gains are expected to come from using different fuels. british airways is investing in a new refinery and lincolnshire stopping it will produce fuel from waste such as cooking oil and agricultural residues. biofuel is something we can pursue right now. we decided we have to commit to something that will provide results as quickly as possible. but these measures can only limit emissions stopping to get to zero, plan relies on offsetting. environmental campaigners are not impressed. technology has its place but it needs to be reliable and proven, the industry can't rely on things like biofuel, for instance, which the government's own advisers have said can be highly polluting. it also can't look to carbon offsetting in order to keep things business as usual. whether or not its goals are realistic t

growth will be down to our airbus fleet. we will continue to push that hard.e have good confidence at this point in time that the management team at boeing will deliver the first aircraft in september or october. bit --talk to me little talk to us a little about the balance. could you see yourself placing a more major airbus deal? neil: we are big fans of boeing. them in theof fleet. when max finally turns out, that will be phenomenal allograft. burn, more seats, less noise. we are beginning to get to know the aircraft better. he gives them great stability on their portfolio. fulls's order books are for the next few years but i would have a conversation with them. manus: are they coming to you with aggressive new price deals? neil: they don't have to at this time. their books are full. i have met them a couple of times. knowledge,ing a good with the fleet growing up to 38. you can never rule out a possibility at some time that we wouldn't do a deal with airbus, conscious forre what we play -- for what we pay for our aircraft. nejra: we start negotiations betwe

. it was paid a bribe of $50 million by planemaker airbus. rejects" claims it was paid to buy 180 planes from the european manufacturer. it comes after airbus agreed to pay $4 billion in fines to settle accusations of corruption. let's have a look at the markets. chinese equities on mainland markets plunged almost eight percent as nervous traders returned from their extended lunar new year break, hit by fears around coronavirus. and the economic impact of that. the steep losses led another sell—off across asia following a painful week for global markets. firms linked to tourism and travel were among the worst hit, the hang seng in hong kong rather more resilient, up just the hang seng in hong kong rather more resilient, upjust a shade. firms linked to tourism and travel were among the worst hit, with energy, telecoms and tech companies also well down. oil prices extended their losses, dragged down by worries about lower demand in china, the world's largest oil importer. the losses come as producers continue to boost output, while the cancella

this is the home of airbus, does it complicate anything?myself, i have the utmost trust in the commission. the commissioners looking at deals all the time, so i don't believe the airbus being a domestic manufacture -- manufacturer and the eu will be an issue. overlap in competition is what they are looking at. let me give you a statistic. -- excuset aircraft me, my biggest aircraft, is 20% smaller than their smallest aircraft, the max seven. it can fly 50% longer than my biggest aircraft. those are the key metrics. there is no overlap. haslinda: this is the market dominated by atr for the longest time. how much of a game changer willoughby? -- will it be? john: on the turboprop side, a massive game changer. we believe we could stimulate atr to make a move and maybe generate their own new aircraft. the winner here would be customers, because they want competing platforms. the winner also would be the climate. we will bring to the market and aircraft with less co2 and noise omissions. i expect our disruptive move will force them to make a mov

. >>> airbus shares hit a one-month low as they say they deeply regret a u.s. decision to hike tariffs on european-made aircraft. >>> good morning, everybody. happy monday the story we've been following the last couple of weeks that has gripped markets and the world, let's talk about coronavirus. chinese authorities have reported almost 2,000 new cases of coronavirus and 100 new deaths it takes the toll -- total death toll to almost 1,800 the rise in new cases reverses two days of relative declines over the weekend the 380 american nationals quarantined on the diamond princess cruise ship off the coast of japan disembarked after two weeks. they were put on charter flights returning to the u.s around 40 americans tested positive for the virus and will remain in japan. and europe has seen its first coronavirus fatality after an 08-year-old chinese tourist died in france. egypt also confirmed a case of coronavirus. that is the first in africa. >>> a speech by chinese president xi jinping suggests the country's top leadership knew about the dangers of the virus two

over american based plane maker boeing airbus has warned that u.s. travelers will bear the cost of the terrorists a fire has swept through an orphanage in haiti killing at least 13 children the unlicensed residents had been using candles for light because of problems with its generator about 60 children were staying in the orphanage at the time a syrian government helicopter has been downed in the country's north state media say all crew members have been killed damascus is trying to take the last rebel held areas in an operation that's displaced 800000 people since december reigning english football champions manchester city have been banned from european competition for 2 years for breaking financial rules set by the european governing body away for the club is accused of disguising cash injections from their owners as legitimate sponsorships and that's a breach of financial fair play rules designed to force clubs to run as businesses and not be over reliance on rich owners manchester city intends to appeal those are the headlines it's back to witn

airbus claims it would give travelers a totally new experience.fof the challllenges is wog how to prevent passengers from being thrown about when the aircraft turns. no martinis on board. this "dw news." i will be back after a short break to take you through "the day." stick around. we will be right back. ♪ y you're watching in paris in france twenty four the headlines this hour. u. s. democrats tend the sites to nevada and south carolina for another victory for benny saunders difficult to set a set one the parties. hampshire prior. place followed by center. he would you judge. the former favorite joe biden finish fifth. turkey's president vow to stir still tree any. any tensisions for the night are there what since the series will be. to hundreds of civilian awfully of ray s. on prevent. andnd

airbus as you take a look at airbus versus boeing, 274 airplane orders in the month of january so they're while boeing got shut out >> and phil, i wanted to ask you b about tesla because new fears were i guegnited today these could cannibalize sales of existing models. >> he asks it more as a rhetorical question. the question is this when the mod l yrk comes out, will it cannibalize demand for the model 3. 80% of tesla sales are the model 3. the model y is a small crossover utility vehicle and when it comes out, tony from bernstein asked the question e well what's going to happen with the sedan sales, specifically the model 3. he said historically, luxury brand car sales, they fall between 10 and 20% when a crossover utility vehicle is introduced the model 3 by the way, responsible for 300,000 of tesla's 365,000 deliveries last year so it is the popular marylaodelt now. as you look at shares of tesla, guys, we would love to say this is the kind of thing that's influencesing how the stock is moving today, but it's all over the place over the last couple of weeks >> thank you very much and

. >>> some news on airbus. dom?nies, according to "wall street journal", are now in advanced talks for airbus to acquire bombardier's stake in the joint venture program to jointly develop a new a-220 single aisle jet. this is a competitor some thing to the boeing 737 line of jets so we're watching for any new developments with regard to the industry dynamic those two companies had been joint partners, now it amount that airbus wasn't to buy out the entire stake we'll be reaching out to the companies. back to you, kelly and tyler. >>> let's look at cass per the friendly mattress company. after its debut yet, it case priced at about $10 a shares now it's back below its offering price of $12 a share as people fall asleep on casper. >> no one wants to be long on the weekend. the virus vern are, the whistle-blowing scientist lost his life over this. >> i worry about the people in wuhan, who aren't able to get incoming food and-month-old supplies as the quarantine stiffens >>> thanks for watching, everyone. >> "closing be

airbus also out with fourth-quarter results. the plane maker announcing it would increase its stake in the a220 jetline, saying they see increased demand for that product. >> basically come up to continue family up the a320 because there is very strong demand on that product. is taking 75% of the joint venture we had previously with a partier -- with bombardier. alix: putting me now is guy johnson come up "-- is guy johnson, "bloomberg markets" coanchor. guy: let's talk about what they had in terms of the year. they had to take two big charges as a result of what happened last year. one is a military transport aircraft which we thought was behind us. the other one was the bribery settlement they reached with regulators around the world. in terms of this quarter, i think the number you want to look for is the q4 adjusted ebit line, the operating profit number that came in ahead of expectations. this stock considerably despite the headwinds it has faced. it is up some 30%. the cac 40 is trading pretty market.line with the airbus h

airbus was suspected of corrupt payments linked to aircraft sales dating back more than a decade.ests in chile with violent clashes in the capital and at a football match in the coastal city of coquimbo. in santiago, police and demonstrators clashed in the city's iconic plaza italia. fans invaded the pitch and destroyed tv cameras forcing the match to be abandoned. since october, chile has been rocked by protests that started over a hike in public transport fares. us senators have voted against calling witnesses at donald trump's impeachment trial, a move which brings the end of the process much closer. the democrats failed to persuade enough republicans that witness testimony was necessary. the final vote will take please on wednesday. i spoke to the bbc‘s chris buckler, who explained why, unusally, there were no new witnesses at this stage in the trial. of course, an impeachment trial itself is really pretty unusual for the united states. certainly what republicans did not want to do was to extend this trial any longer than it would go as it is. and ultimately, they have been pu

damascus airport dispatches and efficient operation of the automated air traffic control system did the airbus a 320 manage to successfully land the closest alternative if eld russia's air base combat operations by the israeli joint staff involving the use of civilian aircraft to shield and prevent retaliation by syrian air defenses is becoming a distinguishing feature of the israeli air force the air bus. transporting 172 passengers on board with crip herring to learn in damascus international airport when suddenly. decided to carry out its attacks on syria under 6 months of course in damascus at. the un security council has seen heated debate over the syrian government offensive against militant forces and it led province at the emergency session damascus is on what slammed western countries for supporting terrorist groups are that the u.s. representative head back the situation in northwest syria demands an immediate comprehensible and verifiable ceasefire with whom do you want to hold the ceasefire with the entities that you agree to designate as terrorist groups in this council it is asto

the world trade organization last year that the you had in the given subsidies to the plane maker airbus and then those taxes were slapped on a range of european products but it really seems to be that that french wine makers are the ones that are suffering we're demanding the creation of a 300000000 euro fund to compensate those who have suffered they want that money to cover the losses from their losses so far but also to cover any tax increases the wine exporters say this was a political decision to give those subsidies to airbus and they've been caught in the middle of something that has nothing to do with them and they're even more concerned that they could be even further tax hikes around the corner this is over the dispute between the u.s. and france over the so-called gas attacks this is a tax on digital giants so last month president machen try to ease the pain and said you know what we are talking with us and we are going to look for a solution to this. discussion with gold trump and digital tax to go on the good agreement to avoid tariff or school ation. well that is not easin