i will be speaking to one of the big bosses of canada's bombardier. am also going to look at the industry that puts all that stuff under our bombs, stuff we can't live without, apparently. i will see you soon —— the stuff we put under our bums. also in the programme... the crown has slipped — shares in netflix plunge in after—hours trade on wall street — as the streaming giant disappoints — adding fewer new users than expected. and it's a downbeat day for financial markets in europe as investors assess whether corporate earnings can deliver on high expectations. also in the programme, we get the inside track on the multi—trillion dollar air cargo industry — which accounts for 35% of all world trade. and after those disappointing netflix results we want to know, are you still a fan or have you switched off netflix — if so, why? do get in touch. just use the hashtag #bbcbizlive. hello and welcome to business live. the global aviation industry is gathering at the farnborough air show here in the uk — it's the biggest aerospace event of the year. over 1,5

the a220 is the new name for the bombardier c—series.f the loss—making montreal—based aircraft program, with bombardier and quebec as minority partners. a federaljudge in the united states has cleared the way for hundreds of lawsuits against the giant agrichemical manufacturer, monsanto. the cases centre on claims that a weed—killer called roundup — that's made by the firm — is linked to cancer. monsanto insists that numerous scientific studies have failed to establish a link. up next, newsbriefing. first, lord carrington, the former foreign secretary, has died at the age of 99. he was the last surviving member of the postwar government of sir winston churchill. lord carrington served as a tank commander in the second world war and his long ministerial career ended when he resigned at the time of the argentine invasion of the falkland islands in 1982. 0ur diplomatic correspondent james robbins looks back at his long life. people looking for an example of a british politician resigning as a matter of honour often point to the carrington.

he's with the head of sales at airbus bombardier. tell us more about this partnership. >> indeed, charles. well, behind me, the plane just landed about 15 minutes ago, and that is the new airbus aircraft, the a-220300. basic it will hopes that by buying this canadian aircraft maker that it can sell up to 6,000, the potential market, 6,000 of these aircraft. i can't do my calculations very well, but i think that adds up to billions and billions of dollars for potential sales. they're right next to america the head of sales. hello. good to see you. why have you bought this aircraft? >> we bought this aircraft because we have a market with other seats that is significant, 6,000 more aircraft, and for which the airbus so far a little bit small to address. >> you can be building it in the u.s. explain the reasons behind that. >> we've been doing it firstly close to the main base, and we will be doing also an assembly line to serve our u.s. market because of the type they imposed to us from the u.s.a. >> so this is actually a way of gettin

arch—rival airbus recently took control of the regionaljet business of canada's bombardier.s copyright law has been rejected by the european parliament. the proposed rules would have put more responsibility on websites to stop copyright infringements, and forced platforms to pay for linking to news. many high—profile music stars had backed the change, arguing that websites had exploited their content. but opponents said the rules would stifle internet freedom and creativity. following the facebook privacy scandal, many users of social media sites want more information about how their data is used. but bbc analysis of the terms and conditions and privacy policies of 15 popular tech apps and sites found that some are almost as long as a shakespeare play, and all require university graduate—level education to be properly understood. that's despite the fact that many, such as youtube, twitter, snapchat and facebook, can be used by children as young as 13. joe miller reports. i really like the rainbow one. 5pm ona i really like the rainbow one. 5pm on a school day, and maxwell an

bombardier signed a $2.5 billion contract with b.a.r.t. to supply the new trains. >> we are disappointed with the progress so far. >> reporter: b.a.r.t. says they're working closely with bombardier to resolve all the glitches. that's key, since, b.a.r.t. says, these new cars will be carrying passengers for the next 40 to 50 years. >> in the long term, this due diligence and slow pace will pay off. >> reporter: and b.a.r.t. says it's going to take several months to fix all the repairs and go through all the necessary testing. meanwhile, b.a.r.t. also says they expect to replace all of the old trains with the new fleet by 2022. that's the latest, melissa colorado, nbc bay area news. >>> san francisco's new mayor london breed is taking on the city's homeless problem. today she toured encampment by the king street extension. some of those living there have been transferred to navigation centers. others have simply moved down the street. mayor breed says following the failure of prop d, she restored nearly $40 million for critical homeless and

with airbus, that came about because of boeing's trade spat with bombardier.had the plane that competed with bombardier, and we're seeing evidence of that right now with the embraer deal. julia: speaking of trade spats, talk about what differs a vacation this provides for boeing. surely that is an angle, as well. brooke: you see extension of the airbus-knowing duopoly. it could be small planes like those that embraer makes her the big plans of boeing and airbus. we are starting to see competition out of china. that is a ways off but is becoming more of a thing, especially as we see the escalation of trade tensions and a potential diversion of more resources in china. i think this is clearly an effort by boeing and airbus to maintain a hold on the market. julie: thank you so much. coming up, julian emmanuelle, btig chief equity and derivatives strategist, how to play a future potential trade war. from new york, this is the bird. ♪ david: race for effect, chinese stocks move down, the yuan moves up, as markets it ready for tariffs on chinese imports and the like

rival airbus recently took control of the regionaljet business of canada‘s bombardier.e a bit of anxiety on the markets. but seemingly not! tokyo‘s benchmark nikkei index snapped a four—day losing streak on friday, tracking gains on wall street led by optimism on trade talks between the us and the european union. however, asian stocks as a whole did wobble about as investors still fear things could escalate into a full—blown trade war between the world‘s two largest economies. in china, the shanghai composite index jumped in late trade on friday, reversing earlier losses, but the yuan remains weaker against the dollar, though it‘s kept some distance from its ii—momth lows touched earlier this week. the green back is little changed against the yen. here in europe, markets are takiung their queue are takiung their cue from overseas and kicking off friday on an upbeat mode. the effects of the trade tensions are also being felt in the us. no one stands to lose more in this escalating trade battle than america s soybean farmers, who send nearly two—thirds of their exports to

on a single ship, i would have more control over my life because i could be the navigator, the bombardier, the gunner, the pilot. didn't have to depend on a crew , but i also thought the fighters were a little cooler than the bombers. [laughter] colonel anderson: i got a chance to travel, come back to california. [laughter] colonel anderson: it was the san francisco bay area. went to hamilton field at the oakland municipal airport, not even a military base yet. there, we flew the p 39. it was my first fighter and the only thing i had experienced a to compare it with. i thought it was a great airplane. it was simple and you could see the cannon pointing out through the hub of the airplane. it had the engine mounted behind the pilot and left that whole front nose open for a cabin system. either a 37 millimeter or a 20 millimeter. the rest of them were 50 calibers in the wings and some of them had a metal fuselage. it had automobile type doors. you could crank the window up and down just like a car. taxi off for take off. it was pretty tight quarters. but i loved it. some people say it would

we're going to talk to the ceo of bombardier about the partnership with airbus. that is next right here on "squawk box. come away with me barnabas! but i am a simple farmer. my life is here... [telephone ring] ahoy-hoy. alexander graham bell here... no, no, my number is one, you must want two! two, i say!! like my father before... [telephone ring] like my father before... ahoy-hoy! as long as people talk too loudly on the phone, you can count on geico saving folks money. fifteen minutes could save you fifteen percent or more on car insurance. >>> one of the world's biggest air shows currently under way in the uk phil lebeau is there he joins us with a special guest. good morning, phil. >> good morning, joe it's a very busy air how we've had a number of big orders announced, especially from boeing we expect more from airbus all the major players. one of them is the ceo of bombardier we're fortunate to capture you a few minutes after you met with theresa may, prime minister of great britain. you met with her a few minutes ago. give us a sense of what you're sensing

joseph heller was a bombardier often island in italy and the and it istobiographic in novel form. he tells of a mindless -- mindless superiors asking him to do things that are implausible or wrong or being done just for theaucratic purposes or emotion of the colonel in charge. abouts a profound story ism, where the bureaucracy becomes overwhelming in terms of its own needs and self interests rather than the individuals and the soul of people who work in them. had no compunction of serving in world war ii, he felt it was a just war but the book he comes in antiwar book. because of the tales he tells. post: here's a clip from the 1970 movie. crazy to keepe flying after all the close calls he's has -- he has had. >> and then you can ground him? >> and i cannot ground him. there is a catch. a catch-22. anyone who wants to get out of combat is not really crazy so i cannot ground him. >> ok. let me see if i've got this straight. in order to be grounded, i've got to be crazy. and i must be crazy to keep line. but if i ask to be grounded, that means i am not crazy anymore and i have to ke

this looks awfully like a bombardier c series.ing advantage of what is an incredibly advanced aircraft in many ways. it will be interesting to see whether the sales team is able to deliver more for the c series 22. 0. we will hopefully be talking to reaction.get tehiheir it is the miners that are going to be the big focus. we are hreading -- heading for a negative start in europe. the metals are going to be a big focus. the market open is next. this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. guy: a minute to go until the start of cash trading this wednesday morning. you need to know the overnight. asian markets have been smashed low

and then for the company it is about competition with bombardier. threat of competition to boeing and so then it is combining forces with embraer. i'd have a look at the markets. looking reasonably strong. the pound, that is looking quite strong... it jumped up. is it stronger or weaker? it started strong because of what mark carney, the governor of the bank of england was saying about the economy. jimmy, much more from you later on. thank you very much. let's return to the 70th anniversary of the nhs. staffjoined patients and charities at a service at westminster abbey and many others will attend a service this evening at york minster. martine croxall is at st george's hospital in tooting for us now. raising temperatures there. trying to keep cool, simon. we are in the courtyard with a tea has been taking place. you can probably hear the gentle strains of a welsh harp in the background. you mention the nhs and very often funding will be the next topic of conversation and for many years, charities have supported the work of the nhs. that is very muc

remember, this is all in response, not all but largely in response to the agreement between airbus and bombardierroduction of the c series, which is that smaller commercial airplane that seating between 100 to 140 passengers, the hot part of the market expected to grow rather quickly in the future. boeing with the deal with emb embraer will enter into the market >> is this joint venture considered a separate entity created by embraer and boeing or an actual company or agreement between them i ask you this because i wonder about the golden share by the brazilian government and what role they will have in this, if any. >> still unclear about the golden shares but this is a separate company boeing will own 80%, embraer will own 20% so it's not as though -- this is not a division of boeing, if that's what you're getting at >> yes >> this is not a division of boeing still haven't named a ceo, likely there will be a name for the joint venture. boeing will have an 80% stak and embraer a 20% stake. >> okay, phil lebeau >>> let's talk broader markets now. here is jeremy xerin, chief u.s. equity strategist

and we re live at the farnborough air show with aaron heslehurst, who s talking to a top boss at bombardier