will brussels call its bluff. this is were due to be business report i'm stephen beard's in berlin thanks for joining us u.s. markets fell for the 6th straight day on thursday as major companies continued to curb their operations and slash earnings projections as a result of the spreading coronavirus that's and p. $500.00 tech heavy nasdaq indexes each lost more than 4 percent while crude oil prices continued slide falling more than 2 percent to $52.00 a barrel analysts at goldman sachs have even projected the u.s. businesses could see no earnings growth in 2020 if the virus continues to spread. and let's go to our financial correspondent in new york yes quarter for more on this yes we've been talking about these losses for a few days now they seem to be getting worse can you put this in perspective for us how big are these losses. it's quite massive what we're seeing and especially in the last hour of trading here we saw pressure even increasing chips and losing almost 1200 points down by almost 4 and a half perc

well today you had in brussels a number of you flex going up and down down at the british embassy up at the european parliament the british like going down brussels really try to keep this not to make a momentous moment of this keep it low key events here with those flecked removals the british like removals because from a brussels perspective breck's it has always been a lose lose scenario now having said that on the other hand there's a number of member states who also will be happy to see the britain that has been dragging its heels on a number of issues take for instance the defense topic. will be happy to see that things will be moving forward more quickly in the future and also after all there is a positive aspect one high diplomat here lately told me when he said look the attractiveness of leaving the european union is at an all time low. alex back to you so the u.k. certainly has its work cut out for itself what now this transition period walk us through that so 11 months now for the u.k. and the e.u. to reach some kind of deal for future trade now 11 months may sound quite a

home in brussels the e.u. symbol comes down for good.ere, the union jack letters over a moment of pride for some, sorrow or others. so much is uncertain, but one thing clear tonight. even after all the angst, decisions made in our democracy, due in the end, make change. >> flags fluttering. the union jack has already been taken down in brussels. our chief political correspondent vicki young is in downing street for u to what extent is the prime minister now having such a big majority in parliament impact his clout wn it comes to the next year of negotiations with brussels tget a better deal for the u.k.? >> and mean we won't have the parliamentaryrangling we have d all those years where it was really paralysis here, led to that election victory in a lot of ways. people felt something had to shift, change. but i'm not sure how much that will necessarily help him at the next age. thissue is people who voted leave or remain, actually toght, no one can be sure what brexit really means. when we leave tonight, nothing will change for a year. t

health officials are meeting today in brussels for talks on europe's response to this outbreak europe has already canceled commercial flights to china's evacuated its citizens as well debbie is back sandor went to the emergency response center in brussels which is coordinating the ongoing evacuation efforts. a dramatic journey coming to an end these passengers disembarking from a german air force jet in frankfurt her earlier this month were among the 1st to be evacuated from china to europe due to the coronavirus it was a challenging task to organize. here at the european commission in brussels christiane yacoub is helping europeans in china return home safely on flights such as the one to frankfurt in the operation room of the emergency response center it's his job to oversee all processes and coordinate help we are in close contact our member states by phone by e-mail and truffaut specialized information systems we are in close contact with the chinese authorities in order to receive all these from them and to see. the most need to fly to them so that you know to contain the disease

meanwhile, in brussels...hly ambitious trade deal is the central pillar of this partnership, including zero tariffs and zero quotas. but... we must agree specific guarantees to ensure a level playing field over the long—term. level playing field over the long-term. it is a gap negotiators will have to work out how to bridge in the coming months. borisjohnson has ruled out a norway style close relationship with the eu as a solution. instead, he wants an agreement like canada's, which has almost no tariffs but does have checks. if he can't have that, he said it will have to be an arrangement like the australian one. it doesn't have a trade deal with the eu but is negotiating one and has side deals instead. those would involve customs checks on goods, and businesses relying on importing and exporting parts products will need time. they will also need to agree on fishing and service industries. the uk and eu did grow —— agree a broad outline, but it is open to interpretation and it will come down to the detail to

in brussels thank you very much. that we now bring you up to date with some other stories making news around the wild a cruise ship that spent 2 weeks at sea after 5 countries tended to wait over coronavirus fears has arrived in cambodia the risk to dom docked at sea no bill to allow cambodia nutritions to collect samples from passengers with any signs of the viral infection. british prime minister blair has johnson's 5 multiple ministers in a major cabinet reshuffle and a surprise move finance minister job it has announced his resignation british media says job refused johnson's request to fire his advice as the pm also sacked northern ireland secretary julian smith. the un has released a report that accuses more than 100 israeli businesses of being complicit in violating palestinian rights by operating in the occupied west bank understood and officials have burst in the report but israeli prime minister binyamin netanyahu has called it a shameful attempts to blacken his country's name. it was 75 years ago today in

since the budget misplacement brussels not to leave them starved of subsidies. on robots in berlin welcome along now we've seen the shut shops and the closed factories but the financial impact of the coronavirus is only now becoming clear starting to count up the costs of the disruption to their supply chains by problems in china is among the 1st to say the figures are looking good. shopping malls and stores closed across the country city streets empty as millions remain confined to their homes factories shows a reopening at a snail's pace none of this is good news for apple the world's most valuable tech company makes i phones of various sites across china and also sells millions of them at stores around the country. the profit warning underlines just how serious the corona virus outbreak is for a business like apple which is heavily reliant on its supply chains in china as well as its strong customer base there apple had already been facing challenges in china before the outbreak in 2019 the company made sales of $44000000000.00 in the country a fall of 12 per

sorrow in brussels to hear and in other cities on the continent young britons rallied their future less certain and their vision of a nation at home in europe seemingly defeated. the need breaks the thank you kate. he didn't pay for. rex it has exposed a huge division in british politics but the show of emotion i'm trying to listen in the u.k. on its point of departure from the e.u. indicates that the debate over its place in europe is far from settled. and joining me now is the mass with standing by in london where it is day one after brags that bear get what is the mood like on the streets there. well sorrow these feelings that have been displayed last night these patriotic feelings by the brick city is who feel that they have finally broken free and overjoyed but also the sadness of the remain as to where are holding candlelight vigils here next to parliament square while the rexx tears were celebrating these deep feelings are not going to go away i think it's a little bit like you are either for this one football team or for the other but there is no not much in between and for bori

health ministers meeting in brussels for talks on europe's response to the bias did of these remarks sunda them to europe's emergency response center coordinate is there a working around the clock on international efforts to help the e.u. citizens get back home and stop the lies from spreading. a dramatic journey coming to an end these passengers disembarking from a german air force jet in frankfurt earlier this month were among the 1st to be evacuated from china to europe due to the coronavirus. it was a challenging task to organize here at the european commission in brussels christiane yacoub is helping europeans in china return home safely on flights such as the one to frankfurt in the operation room of the emergency response center it's his job to oversee all processes and coordinate help we are in close contact with our member states by phone by e-mail and truth especially at information systems we are in close contact with the chinese authorities in order to receive all this from them and to see. the most need to fly terms that you know to contain. the r.c.c. has been coordinat

very symbolic industries for example fisheries where he just wants to be seen as standing up to brussels and he says that this is not non-negotiable it's very much for bracks of a to see in the north of england this is a very sensitive topic even though economically fisheries are not very important for the u.k. but these symbolic industries and these sort of symbolic moves where he says we're just not going to subjugate under any more e.u. rules we want to come to an agreement we want to see eye to eye but we're not going to just do what the e.u. tells us to do and barrack what 2 is non-negotiable for the e.u. . well for the european union the trade part of the deal i would say is absolutely crucial and here it is the level playing field that is the key word that the you will insist on so they they have said to mr bunn yes said in his recent press conference that he wants 0 tariffs on both sides but that comes at a cost and the cost is that standards needs to be applied standards need to be applied in the u.k. and particularly those standards need to be checked by some form of i thought

since it voted to leave the european union britain is out of the block at the stroke of midnight brussels time the u.k. ended nearly half a century of membership in the e.u. but gregg's it is still not a done deal the 2 sides now embark on 11 months transition period and the difficult work of finding the terms of a new relationship. bringing in the change is a recording of big ben bomb didn't brick sit at the prime minister's residence in downing street but the country is still riven by the it's you. know you celebrating presence exit from the e.u. in parliament square did so with a fierce passion. and for some britain had been set free. expression really like. this. i think. the so called breck's it is like nigel for russia to force a long campaign to take the u.k. out of the e.u. it was an historic day the decades he held a minority view but with presence exit he led the celebrations at the nation's departure. was. i made history i'm. ready to move in the movie history i was but the nation is far from united in joy at the move. e.u. supporters gathered outside the scottish parliament he

and see brussels government so both are saying the european union's about 75 percent the country with the lowest support staying in the u.k. the czech republic actually was that about 70 percent in most places some of the 18000000 see so you know that they don't like being in these countries they don't like the bureaucracy than like that the way in which financial rules or who forced on them but no the tools of the internet i think of i think a big part of that is of course you've got 17 countries financially locked in the european union because they became part of a single currency i think a lot of countries are sitting back and watching to see what happens with threats that i don't think you've wrecked it's a success which i'm certain it will be i see no reason why it would be this cold fact how do you know if it's going well listen what i think the discourse is fundamentally change and project it so you set out a kind of what are going to we are today the last 3 and a half years of debate when we've done that and we're now in the brics a transition period what i did want to bring i

adam fleming reports for us from the european parliament in brussels.e transition period, what the british government refers to as the implementation phase. when the transition period was being negotiated a couple of years ago, it was referred to in brussels as the full monty minus. "full monty" because all eu rules, regulations, and policies will continue to apply to the uk, but "minus" because the uk will have no representation in the political institutions here in brussels. no ministers will go to the european council. no prime ministers will go to summits. there will be no meps here in the european parliament, and there will be no british commissioner, although he left at the end of last year. speaking to british meps who are about to leave this place, they say because the uk will have no one influencing things on the inside, they will have to spend just as much time, maybe even more, trying to influence things from the outside. adam fleming. the green mp caroline lucas is one of a handful of members of the commons who have also been members of the

in brussels join us as we read travel the long and bumpy road that. just today she thinks. leave all remain deceptively simple choice for u.k. voters but a choice with complex repercussions of the bitter and divisive campaigns decision day came on june 23rd 2016 polling showed the results would be close but tipped a narrow win for remain how wrong these polls turn out to be from a d.-w. studio in berlin my colleagues brant gulf and christopher spring day and all life protocols of the food that rule the e.u. sadly christopher has since passed away this is how we remember him and the historic night more than 46000000 people in the united kingdom have been asked a simple question do you want your country to remain in the european union calling in a few hours time will know the answer remain is leading but of course you know at the moment we still have every have to take everything with a pinch of salt it seemed almost like we had a little sigh of relief from the commission and i thought i could hear it over here earlier today when those 1st opinion polls came over and i actual

while in europe health ministers from countries are due to meet today in brussels for talks on the blocks response for the coronavirus europe has already canceled commercial flights to china has been evacuating its citizens as well as masand or went to the emergency response coordination center located in brussels which is coordinating the. after. a dramatic journey coming to an end these passengers disembarking from a german air force jet in frankfurt earlier this month were among the 1st to be evacuated from china to europe due to the coronavirus it was a challenging task to organize here at the european commission in brussels christiane yacoub is helping europeans in china return home safely on flights such as the one to frankfurt in the operation room of the emergency response center it's his job to oversee all processes and coordinate help we are in close contact with our member states by phone by email and true especially the formation system we are in close contact with the chinese so torrie peace to receive all these from them and to see. the most need to lie to them so that you k

the organic brussels sprouts are top notch thanks to the high quality soil that we have a relatively long harvest especially for brussels sprouts we've picked up until march and that comes from taking good care of us soil just going to. the land belongs to the organic farmer had includes and he's been building up humus or the organic component of the soil for 30 years now he regularly has his soil tested today by agrarian engineer so you dream on the dock consistent color and the presence of worms in the soil are good signs. must not asses all my stuff the 1st test you do is to just smell the soil to see if it has a nice sweet earthy aroma. good important global hot doesn't know or goal so that we have great organic harvests but the decisive factor is the soils ability to supply the nutrients at the exact moment that the plant needs that you know and billick then we can have high organic crop yield. good soil can produce conventional size harvests. the burden off the convent and let's say you're putting knutson tries out new methods 1st at his home and then he brings them out onto hi

followed the march 26th of brussels airport. mohammad was a metro driver but that day he was off work so he stayed at home with her younger son. had an appointment with a friend she never right. after. you know mosque in brussels mohammed called for a jihad of law. that is not the title of his. id hard for law. it's to cork a true that you know song the cradle so if you know. this is addressed this it only got sent to you i don't know what but i mean what do you know it was up in that idea of it's neither regime neediest was a bit new least. we can apply to the girl who could she could have kept at least that's what it was sent here. you also want to know. she was off for good mom or it was because they michelle they mean bomb damage they could pull up but they do have a prison illness your. mom or did your walk for the. it too they're cool. you know i could. prove you know more because only when i. was. it was awful. you know despite a car going to fund it. so no such kind of thought of you know actual future i saw before the f

now i'm heading to brussels to meet look nice house and. look not died in the metro attack that followed the march 26th of brussels airport. mohamed was a metro driver but that day he was off work so he stayed at home with their younger son. had an appointment with a friend she never right. after. you know mosque in brussels mohamed called for a jihad of law. that this is the title of he spoke. for a long. stick or could through the you know song the cradle so if you know. this is addressed is it sent to you i don't know what but i mean what he. was up in that idea of it to me the regime you least was a bit new just. been applied to the girl who could she could have kept at least that's what it was sent here. you know some want to. she was off for good. because they michel they mean born don't make or they could put up with this you do have it preys on those your. mom or did your walk for the bulk of it to their cool. you know i could play a pivotal moment because only when i. was. and the 2nd is that. in a despotic target a funded. some su

if there's no agreement by june britain is threatening to cancel all negotiations and brussels has also signaled that it's prepared if the 2 sides failed to seal a deal. and it feels like we've been there before many times let's bring in ed and professor of economics at the university of applied sciences in constance good to have you with us so london is yet again threatening to walk away what do the brits really want. well as johnson presents himself as a strong trade negotiator and he pretends to have a very clear idea of how to agreement should look like and he referred explicitly to the deep and comprehensive preach trade agreement between the e.u. and canada as a rule model the problem with his vision is that the u.k. is by far not in the same bargaining position as canada has been and as long as border johnson is not going to accept this reality i'm afraid to say that we cannot expect real progress in the trade negotiations well is there any point to starting talks on monday then giving those positions and if there is a point started talking starting talks should the e.u. make con

that followed the march 26th of brussels airport. mohamed was a metro driver but that day he was off work so he stayed at home with her younger son. had an appointment with a friend she never right. after. you know mosque in brussels mohammad called for a jihad of law. that this is the title of his spoke. for a long. stick or country the you know song the cradle of the so if you know. this is addressed this it only said to you i don't know why but i mean what do you know it was up an idea of between the regime neediest was a bit nearest bit. by to the girl who could she could have kept at least that's what it was sent here. you know someone. she was off or come on. their mission they mean bomb they could put up with this you know they praise you on those you. know more did your walk for the. it to their problem or you know i could. prove you know more because only when i. was. it was awful and i my back to the 2nd is that i'm. in a despotic aka funded. so no such kind of thought of a national future i saw before if i could if it coul

that's why brussels has imposed austerity measures on rome. italy is also the e.u. country most affected by the corona virus outbreak and it's not just the tourism branch it's affecting the industrial center of the country lombardy entire towns have been cordoned off companies are counselling work related travel and many are now working from their homes. in other news the commission says germany should invest more money in its economic future mostly by strengthening education sustainable transport and affordable housing europe's largest economy has for years been criticized for not investing enough according to a new study brussels sees some improvement as of late but suggests there is still more room for growth the commission is also critical of germany's high trade surplus suggesting it threatens the economic balance amongst the new member states . and now to some of the other stories making news. microsoft has lowered its revenue estimate for its personal computing business in the current quarter company said to the corona virus outbreak in china will impact its

in kabul north scotland james kelly author of the pro independence blog scott goes pop and in brussels alexander phillips a former member of european parliament the break party i had to tell you as alex was watching that video there from the european palate your smile was so wide you were enjoying every moment of that why alex what should be today how you feel about bricks in your good you know 13 years like campaign 2 it's worked for a lot of people it's a lot longer and the fact that we had a referendum and it took 3 years to actually implement the result it came as a huge relief but what was making me smile at. he was that would mind if i prickly the e.u. are this is basically the european union of member states they carved that b. idea. it's a really bizarre thing and you know we had a lot of fun in that parliament we actually put a bit of democracy i'd like to debate it but change it for the 1st start and i think they're going to miss us so you are now coming the unemployed because you are forming any pain and she with that in brussels last week what was the mood like from the eur

very symbolic industries for example fisheries where he just wants to be seen as standing up to brussels and he says that this is not non-negotiable it's very much for bracks of 8 is in the north of england this is a very sensitive topic even though economically fisheries are not really important for the u.k. but these symbolic industries and these sort of symbolic moves where he says we're just not going to subjugate under any more e.u. rules we want to come to an agreement we want to see eye to eye but we're not going to just do what the e.u. tells us to do. they amass reporting earlier from london next to syria turkey is the president's arrest of tyrants says the turkish military escort neutralize dozens of syrian government troops all that's in retaliation for an attack on turkish forces in syria well the deadly flare up in war torn at libya's heightening tensions between turkey and russia they're the 2 biggest foreign powers in syria's long running conflict but they back opposing sides and the problems. ankara is keen to show it means business. more military vehicles continue to hea

that's why brussels has imposed austerity measures on rome. italy is also the e.u. country most affected by the corona virus outbreak and it's not just the tourism branch it's affecting the industrial center of the country lombardy entire towns have been cordoned off companies are counseling work related travel and many are now working from their homes. on the coronavirus meanwhile reached several states of germany however the number of confirmed cases is still limited but in a statement to german health minister again sponsor expects the virus to spread further if in on something you know not we are at the beginning of an epidemic of the corona virus in germany and the new cases in north rhine-westphalia and bought in britain back are a sign of this fix and it is currently not possible to accurately trace its spread not to foot seen. our i phone let's cross over now to our financial market correspondent chelsea delaney and frank's chelsea listening to the health minister right now i gem a business is ready to tackle and an epidemic like china. well i don't know if

we are waiting to see the union ck being lowered in brussels.h we get those pictures we will bring them to you live. our chief political correspondent vicki young is in downing street. what is the scene at the moment? vicki: nothing here, they are keeping celebrations pre y the prime minister will return here after the cabinet meeting and sunderlandarlier today. there will be a party here, a ligh show, and lots of government departments around like hall -- around whitehall have been laid up. the real party is in parliament square where nigel farage, many see him as the architect of brexit, that is where they are all partying, and you can hear outbreaks of "god save the quee and "rule britannia" so that is where you will s the celebration tonight and speeches from a number of leading brexit eers. they will tone it down tonight and don't want to appear prime ministeut boris johnson will beeralding a huge on -- heralding a new dawn and he sees huge potential for the united kingdom once britain exits. >> what is the prime minister have to do tonight

very symbolic industries for example fisheries where he just wants to be seen as standing up to brussels and he says that this is not non-negotiable it's very much for bracks of a to see in the north of england this is a very sensitive topic even though economically fisheries are not really important for the u.k. but these symbolic industries and these sort of symbolic moves where he says we're just not going to subjugate under any more e.u. rules we want to come to an agreement we want to see eye to eye but we're not going to just do what the e.u. tells us to do the bath as commonly known as the british oscars are seen as a precursor to the academy awards which come up next week there's been criticism of a lack of diversity in the bath the nominations this year this was addressed by several stars on stage last night it was a very british film that scooped the major awards. san mendez world war one film 1917 was the big winner at the basterds it won 7 prizes in total including best film best british film history actor and best cinematography. thank you bafta for giving us a really wonder

tadeo in brussels.et the business flash nintendo likely to suffer from shortages of its consul in the u.s. and europe due to the coronavirus outbreak. the issue will likely take hold in april. the nintendo switch is hard to find in its home market of japan. bayer.more pain for the first u.s. trial over an herbicide has landed the company with another potential multibillion-dollar problem. bsf are to pay 260 $5 million after a missouri farmer blamed the herbicide for destroying his peach orchards. nejra: tesla's plan to build a plant in germany has run into legal trouble. while berlin considers a challenge by environmentalist. it threatens the ambitious timetable of having the plant up and running by mid-2021. manus: general motors is leaving australia, new zealand, and thailand by the end of the year as it exits poor performing markets. the automaker will take over a billion dollars in charges, mostly in the first quarter to cover the cost of leaving countries. gm will shift focus to self driving cars a

quite a while you about the alignment that we could have with brussels and the e.u. moving forward the result was all of which actually saw the pound depreciate quite a bit but i think allow makes a really fantastic point about the sort negotiations happening at the. towards towards the deadline and really last minute jobs that happened behind closed doors as well so sometimes the markets and businesses are the last people to know and to find out the results of them so they can be a lot of uncertainty and we're anticipating a lot of uncertainty as will be of into november and december of this year if the u.k. saying that the rules of the alignment with them is not even an issue of red lines is not even in the negotiating room yeah exactly i couldn't exactly say what you know the details of of between johnson and michel barnier but i saw mention he does have a lot of you know cards he can still still use he can always ask for that extension if if trade talks aren't you know progressing is as well as they might be but mark carney i think it came out the other week and