subsidies for plane maker airbus washington is targeting european aircraft but also wine cheese and luxury goods. that spring and only bought at the french to stock exchange only what effect did that decision by the on the markets today. well the airbus share price dipped it's going down by about a half a percent that's not major but the other parts of the market are mostly looking up so it is a clear statement on the other hand that minus is not that great because yes it's not great news but it's not unexpected and don't forget that there's another chapter to be written in this whole saga of this bitter battle between boeing and airbus the united states and the e.u. namely the e.u. still has a complaint with the w t o that has to be decided that's going to take some months still but it's claiming that because of boeing's illegal subsidies by the u.s. government or american authorities it's wanting to impose $10000000000.00 worth of tariffs on american goods so the last chapter hasn't been written everything stays that it is as it is though there's going to be even more pressure for airbus

airbus. we have learned washington is considering an approach that means it may rotate products subject to tariffnty and means the u.s. could hit as many industries as possible. is scandal over gucci widening. bloomberg can report that some are being investigated for tax avoidance. --this was from 2011 to 2014. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2,700 journalists and analysts in more than 120 countries. this is bloomberg. matt? matt: naomi there. a crisis,son faces the prime minister cutting his trip to new york short after the u.k. supreme court ruled he had broken the law by suspending parliament, really advising the queen to do it. our reporter joining us from westminster. what have we seen? les, -- yes, let's take a look at that. boris johnson on his way back from new york. we will start the sort of probe rexitthat's -- the pro-b side, and this is also involving lady hale. it was explained to me that this was a reference with some of the members on the team helping me out. i was not entirely clear on this. playing it straight, the prime minister fl

washington. the us is seeking compensation for what it says are illegal subsidies to the plane maker airbus.re watching this week because later this morning we are expecting those chinese manufacturing numbers likely to show a continuing slowdown. on tuesday, consumption taxes in japan a continuing slowdown. on tuesday, consumption taxes injapan go up from 8% to 10% and also on tuesday the reserve bank of australia will make its latest policy decision and finally rounding off the week on friday, interest rates focuses to india with the reserve bank of india. let's take a look at what impact that will have on the markets. the nikkei has already open and it is down as investors await nervously those numbers from china. this is bbc news — the top stories this hour: there've been running battles on the steets of hong kong, as china prepares to celebrate the 70th anniversary of the communist state. un investigators speak for the first time of their shock and horror listening to murdered journalist jamal khashoggi's final moments at the saudi consulate in istanbul. the government's key announcemen

washington, over planes. long before donald trump's protectionist trade policies, the us complained that subsidies given to airbusn giant at the expense of its american rival, boeing. the world trade organisation, acting as mediator, upheld the complaint, clearing the way for the us government to retaliate, in order to recoup losses. the tariffs are meant to punish the eu but the president of america's speciality food association warned his members risk being collateral damage. so it is an airbus —boeing situation, it's and aeronomics industry concern, please, leave the food out of it. we'rejust not, in relative size, big enough to be getting involved in that. lou told me, he would stock more american cheeses, if he had to, but that he would always sell italian cheese, no matter the cost. who should be the one to be hurt? it certainly shouldn't be families like mine. michelle fleury, bbc news, new york. and that is your business briefing. some british birds could be threatened to extinction because of climate change. the bird charity, the british trust for ornithology, analysed 50 years of data for the bbc and fo

washington. the us is seeking compensation for what it says are illegal subsidies granted by european governments to the plane maker airbusarabia says oil supplies could be disrupted, and oil prices rise to unimaginably high numbers, unless the world comes together to counter the threat from iran. in an interview with the cbs programme, 60 minutes, mohammed bin salman said he would prefer a political solution, because war between saudi arabia and iran would ruin the global economy. the health secretary, matt hancock, says he's ‘looking very seriously‘ at making vaccinations compulsory for all school children in england after receiving legal advice on the issue. the latest figures show a fall in the take—up of all routine jabs for under—5s in the last year. simonjones reports. we just wejust do we just do about there. a massive drive is needed according to the health secretary to get more children vaccinated. he told an event at the conservative party conference that he is very worried. when we, the state, provide services to people, then it‘s a 2— way street. you‘ve got to take your responsibilities to so i think there‘s

washington. the us is seeking compensation for what it says are illegal subsidies granted by european governments to the plane maker airbusotests overnight. the city's on high alert ahead of tomorrow's 70th anniversary of communist china. karishma vaswani has been there and shejoins us now back in singapore. tomorrow is the 70th anniversary of communist rule in china — what's the feeling amongst people you've been talking to? as you say, i've come back from hong kong and trying to understand what it is like for young people there. that is not to say the reason why people are taking to the streets is because they can't get a home or a flat, nobody's chanting for better housing instead of democracy, but the people i met definitely feel that their government isn't working in their best interests. now, i met with a group of young students who told me tales of their frustration and futility. listen to what they had to say. i want to change my family's life. they have to work ha rd to family's life. they have to work hard to pay the high food price. now i cannot do that. even when the i graduate from the university i will live

washington. over aeroplanes. long before donald trump is not protectionist trade policies the us complain that subsidies given to airbusg the way for the us government to retaliate in order to recoup losses. the tariffs are meant to punish the eu, but the president of america's specialty food association says his members risking collateral damage. food association says his members risking collateral damagem food association says his members risking collateral damage. it is an airbus — boeing situation. please leave the food out of it. we are not big enough to be getting involved in that. he told me that he would stock more american jesus if that. he told me that he would stock more americanjesus if he had to, but that would —— that he would a lwa ys but that would —— that he would always sell italian cheese, no matter the cost. who should be the one to be hurt? it shouldn't be families like mine. it shouldn't be families like mine. in other business stories we've been following, millennials are more likely to get scammed by bank fraudsters than any other age group, according to lloyds bank. on average, scammers take £2

cherry tariffs on the united states if washington moves first in a dispute over aviation subsidies. in may, the two ruled the .e.u. had illegally supported airbusce says the u.s. should understand that the e.u. is ready to act. the new head of the federal aviation administration has tested the boeing 737 max 8 simulator to get up to speed on the controversy surrounding the agency's air certification two years ago. steve dixon carried out a series of routine operations at a boeing plant in seattle ascites expects to -- he expects to conduct additional runs later. and sterling surged to its highest in two months on reports the european commission president jean-claude juncker s ays a brexit deal can repeat, can be reached by the end of october. he's doing all he can to prevent a catastrophic no deal brexit. meanwhile, after three-way days great britain's top judges will rule next week on boris johnson's decision to suspend parliament. global news 24 hours a day on air, at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am su keenan. this is bloomberg. yvonne: thanks. hong kong's antigovernment p

washington and beijing. now looks like another one could be erupting with the eu as well, essentially airbus is a stock that'sing. the wto is likely to vote in favor of the u.s. which could be extremely costly for the eu. then we could see a retaliation and it could go the other way and hit boeing as well. we saw shares in airbus slump sharply a couple weeks ago when the reports came out. we'll have to wait and see what happens. it just means more tension in terms of the ongoing trade war. lauren: more tension, more uncertainty. we see the ftse, a little bit of weakness this morning. a vote of no confidence in prime minister boris johnson could happen this week. do you expect that to happen? all of course in a bid to extend brexit. >> yeah, i mean, again, this vote of no confidence essentially just means that the chances of a brexit deal are less and less likely as we head into that key 3 31st of october deadline. looks like brexit could be pushed out by another three months. we're seeing a little downside on the ftse. that was after we saw strength at the back end of last week, partly because of a weaker pou

this as washington moves first in the long-running dispute over aviation subsidies. in may, that abby to you ruled the eu had supported airbus, hurting boeing. the eu had already bought a similar -- brought a similar case accusing the u.s. for breaking subsidy rules with boeing. france as the u.s. should understand the eu is ready to act. theions are rising again in gulf with the u.s. agreeing the attack on aramco plans was " unquestionably sponsored by iran." tehran warns any retaliatory strike by the u.s. or saudi arabia would be met by all-out war. president trump ordered new sanctions on iran, but remains noncommittal about any military action. secretary of state mike pompeo ended a short visit with talks in abby debbie. >> i think it is abundantly clear, and there is an a norma's consensus in the region that we know precisely who conducted these attacks, it was iran. didn't hear anybody in the region who doubted that for a single moment. jessica: the federal reserve is to add liquidity to a vital corner of the funding markets for a fourth straight day on friday. that is amid signs the stress seen in the week is rebuildi

washington over planes. long before donald trump's protectionist trade policies, the us complained that subsidies given to airbus american government to retaliate in order to recoup losses. the tariffs are meant to punish the eu but the president of america's specialty foods association warned his members risk being collateral damage. so it is an airbus boeing situation, it is an aeronautics industry concern. please leave food out of it. we are just not in relative size big enough to be getting involved in that. lou told me he would stock more american cheeses if he had to but that he would always sell italian cheese, no matter the cost. who should be the one to be hurt? it certainly shouldn't be families like mine. so there you have more evidence that us consumers are paying for these tariffs. we have had various people on programme recently who see it is a pto to duty to inflated prices but those in the opposite who see what is the end game over the street fight with china? how does the consumer confidence in the us economy hold up under that sort of pressure? this has been the interesting thing, so far it has

retaliatory tariffs on the united states if washington moves first in the long-running dispute over aviation subsidies. in may, the wto ruled the eu had illegally supported airbus, hurting rival boeing. the eu had already brought a similar case against the u.s. for breaking subsidy rules with boeing. france says the u.s. should understand that the eu is ready to act. in thes are rising again gulf with the u.s. agreeing the attack on aramco plants was "unquestionably sponsored by iran." warns anyanwhile, retaliatory strike by the u.s. or saudi arabia would be met by all-out war. president trump ordered new sections on iran but remains noncommittal about military action. endedary of state pompeo a short visit in abu dhabi. >> we think it is abundantly clear, and there is an enormous consensus, that we know precisely who conducted these attacks was rn. -- was iran. i did not hear anyone in the region who doubted that for a single moment. jessica: sterling surged to its highest in two months on a report jean-claude juncker thinks a brexit deal can be reached by the end of october. he told sky news he is doing all he can to prevent what he called a catastrophic no d