this is the business briefing. i'm sally bundock. the first phase: us and chinese officials are set to sign the initial part of a significant trade deal. we'll find out what impact it'll have around the globe. amazon'sjeff bezos arrives in india for a 3—day visit. but is he being greeted with open arms? and asian financial markets are seeing their first declines for five days with concerns us—china trade tensions will go beyond today's signing of an initial deal in washington. let's discuss in more detail now that significant step that is being taken in washington. president trump and the chinese vice premier will sit down and sign a trade deal that could signal the beginning of the end of their bruising battle over the price of everything from soybeans to iphones. since the start of the trade war, the two sides have raised import taxes on $470 billion worth of each other‘s goods, more than half of what they buy and sell from each other every year. while us and chinese consumers have borne the brunt of this, the two countries account

in business briefing, us and chinese officials are set to sign the first part of a significant trade al. good to have you with us. this is wednesday's app briefing. —— wednesday's briefing. a warm welcome to the programme, briefing you on all you need to know in global news, business and sport. also in the programme, rutland in the uk will lose its status as the only county without a mcdonald's as plans for a new drive—thru restaurant have been approved. so, we'd like to know where you live, are there many global chains? if so, is it good for your local community, for businesses? get in touch — just use the hashtag #bbcthebriefing. in the last few hours, the candidates to take on donald trump in this year's presidential election have squared off in the final debate before the selection process begins. there were lively exchanges as the former vice president joe biden tussled with progressive favourite bernie sanders over the iraq war. and mr sanders was assailed by elizabeth warren over his alleged comment that a woman couldn't win in 2020. from iowa, here's our correspondent gary o'd

this is the business briefing. i'm sally bundock. australia counts the cost of bushfires that leave scores dead and thousands homeless. we're live in sydney to hear how the country is coping. oil on the up: the price of the black stuff tops $70 as tensions between iran and the us show no signs of cooling. and on financial markets, there is a flight to safety with the price of gold headed higher, as well as oil as the tensions in the middle east escalate. australia's prime minister has warned the devastating bushfires raging in the country might go on for months. at least 2a people have died, an estimated half a billion animals killed since the fires began in september, and air quality in the capital canberra was this weekend rated the worst in the world. thousands are homeless. the new south wales rural fire service says around 1,400 homes have been destroyed so far across the state with many more lost in victoria, south australia and queensland. almost 4,300 insurance claims totalling over us$200 million have been lodged since the m

jinping this is the business briefing. i'm sally bundock. on the eve of the signing of the first phase of the us—china trade deal, america says it will no longer lable china a "currency manipulator". heartbreak in australia's bushland — farmers are facing devastating losses of livestock as fires rage on. and on financial markets investors are feeling optimistic with the us showing signs it is keen to seal the trade deal with china tomorrow. let's unpack further the decision made in the us late monday. the us has reversed its decision to brand china a "currency manipulator" as the two countries prepare to wind down their trade war and sign a phase one deal on wednesday. us treasury secretary, steven mnuchin, said the us made the change because china had agreed to refrain from devaluing its currency to make its own goods cheaper forforeign buyers. china was officially named a currency manipulator in august last year when tensions were high between beijing and washington. let's talk this through with stephen mcdonell who is beijing for us. has

and in business briefing, snack—sized streaming! could quibi be the future of entertainment? ear from the hollywood mogul and the tech tycoon who are betting on it. a warm welcome to the programme, briefing you on all you need to know in global news, business and sport. and you can be part of the conversation. today we're asking — what do you think about harry and meghan‘s decision to step back as senior royals and carve out what they call a "progressive new role" — is it the right choice? get in touch. just use the hash tag #bbcthebriefing. let's bring you more detail on that story right now. the duke and duchess of sussex are to step back as senior royals and work to become financially independent. the personal statement from prince harry and meghan was a surprise announcement, apparently made without consulting any members of the british royal family, which is said to have left the family feeling hurt. the couple say they will continue fully to support the queen, but now plan to split their time between the uk and north america. there is flash photography in this report fro

that is your business briefing.gration have recommended reducing the minimum salary required for skilled workers to be able to come to the uk. it is hoped that, after brexit, more teachers and nhs staff could be recruited. mark easton reports. a british patrol boat that preparing to defend the uk border in dover, as government advisers tell ministers they need to make some hard choices on who can come here after brexit. migration advisory committee describes home office plans for an australian style points system as a sound bite rather than a policy, and warn there are some unavoidable and difficult trade—offs ahead. there are some unavoidable and difficult trade-offs ahead. any changes to who is allowed or not allowed to come to the uk is inevitably going to be to the advantage of some sectors and some areas, but to the disadvantage of others. and there's no way to up with a system that pleases absolutely everyone. there you go, surely. 0ne sector that won't be pleased his social care, with warnings in the report t

more on that in business briefing.ed for artificial intelligence to be regulated. writing in the financial times, sundar pichai said it was "too important not to" impose regulation but argued for "a sensible approach". last week it was revealed that the european commission is considering a five—year ban on facial recognition. priya lakhani is the founder and ceo of century tech, she's with me now. it seems that the head of a big tech company, trying to seize the initiative and suggest elation before regulation is imposed. there are some states in the us that have banned facial recognition and there isa banned facial recognition and there is a general public perception that business technology safe unregulated? business technology safe unregulated ? we business technology safe unregulated? we have the story only a few weeks ago how some of them had been taken to these alleged training camps but actually been spotted on the streets and they used facial recognition technology. but we are talking about facial recognition,

this is the business briefing. i'm sally bundock. heading for a safe haven: oil and gold spike after ballistic missiles strike two air bases housing us troops in iraq. and travelex counts the cost after confirming it's the victim of an ongoing ransomware attack. and on the markets, the price of oil spiked and there was a rush to safe havens in the initial response to the news of iran's retaliation. as you can see here, there's also been a sell—off on the share markets as investors remain on edge. so, let's look in detail at the market reaction to the news that at least two air bases hosting us troops in iraq were attacked by iran. on the oil markets, it was swift — us crude jumping by as much as 4.5% to $65.65 per barrel in asian trade. brent was above $71 a barrel on concerns this could disrupt oil supplies from the middle east. so—called safe haven assets, like gold and the japanese yen, also rose sharply on the news. since then, we have seen all of this as it seems to have deescalated a little. let's get more on this story with ou

that is your business briefing. —— monica miller.caire, after accusing him of attending an illegal rally. he was also briefly detained on saturday after attending a vigil for people who died when a ukrainian plane was shot down by an iranian missile last week. mr macaire said he'd left when it turned into a protest. our diplomatic correspondent james landale has this assessment. i think it has turned into a bigger incident than it would in normal times because of the tense situation there is across the middle east but also in tehran. you have got to remember that the government there is reeling from the tragic downing of the ukrainian airliner. there are different bits of the iranian government looking over their shoulders trying to work out who will get the blame for all of this and amid that uncertainty there are growing numbers of people on the streets of tehran expressing their anger at the way the government has handled this. and so if you place into that a british ambassador going around doing his job, into that a british ambas

and coming up in business briefing: losing friends on wall street. ok posts its slowest growth ever as antitrust and privacy concerns mount up. a warm welcome to the programme, briefing you on all you need to know in global news, business and sport. and you can be part of the conversation. do tell us what you think of the stories we're covering today — just use the hashtag #bbcthebriefing. plans to evacuate foreigners from the chinese city of wuhan have been delayed as special flights haven't yet been cleared to leave. foreign governments have organised chartered flights to take their citizens out of the city as the numbers infected with the potentially deadly coronavirus continues to rise. authorities there say 170 people have now died — there are another 1,700 confirmed cases. hong kong has halved the number of flights to mainland china and suspended train and ferry services. joining me now is robin brant in shanghai. robin, if we start with these delays on flights trying to leave the region, floats to the uk and other countries, do we know more abo

this is the business briefing. i'm sally bundock. as tensions over a us—china trade war are easing, will the next trade battleground be europe. the smartwatch is no threat to switzerland's luxury watch makers. we hearfrom the president of the most prestigeous of them all, patek philippe. financial markets have started a brand—new year. well japan is closed for a public holiday, elsewhere you can see there are gains. we'll go to our asia business hub shortly for the reasons why. we begin with the us—china trade war because the biggest business news story of 2019 is set dominate at least the start of this year. that's as donald trump has said he will sign a long—awaited trade agreement with beijing this month. the so—called "phase one" deal, is expected to reduce tensions between the world's two biggest economies. but it's not all about the us and china. the new eu trade commissioner is expected to meet with us trade representative robert lighthizer this month to resolve the various trade issues between the two. most at issue is the fr

i'll have the business briefing for you injust a moment. ir latest results and a bit of a mixed bag this time round. also, i will have plenty more business news and the latest from davos, at the world economic forum. coming up injust a few moments. hello there. we started this week on a fairly settled note with a quite a bit of sunshine around, especially across england, wales and eastern scotland. it's all been down to high pressure. high—pressure still with us through wednesday but we'll see subtle changes where we lose the cooler blue air there and importing something less cold off the atlantic into the orange and yellow colours there. so for today, it's going to be largely dry again thanks to high pressure but because there is more moisture in the air, it's going to be cloudier across england and wales and certainly we'll see a lot more cloud around. probably the best of any brightness will be across eastern scotland where there'll be some shelter from the south—westerly wind. the odd brighter spell further south but leaden skies and mis

this is the business briefing. crunch day for huawei. the uk decides whether to ban the chinese firm's equipment from its 56 network. and countdown to brexit. uk firms get ready for life outside the eu. and on the markets, the asian markets, many tumbled again on tuesday extending a global sell—off as the toll from the rapidly‘s reading chinese virus spikes. —— rapidly spreading chinese virus. welcome to the programme. the uk government is expected to decide whether to government is expected to decide whether to ban government is expected to decide whether to ban equipment government is expected to decide whether to ban equipment made government is expected to decide whether to ban equipment made by huawei from its 56 network. this comes as the us warned that british sovereignty will be put at risk by allowing the firm to play a role in the sg allowing the firm to play a role in the 56 network. britain's prime minister borisjohnson the 56 network. britain's prime minister boris johnson is the 56 network. britain's prime minister borisjoh

this is the business briefing. i'm victoria fritz. a spent force — cash is in decline, but in a world of digital payments who gets left behind? plus, called to account. the former boss of wells fargo is banned from banking for life and hit with a record $17 million fine over a massive sales scandal. we start with cash, the queen famously never carries it but neither, it seems, do a growing number of people around the world. today researchers here in the uk are warning that the rise of digital payments could mean vulnerable groups, such as the elderly, less tech savvy, or less well off, get left behind. and they say a few technology firms could end up with far too much power over the economy. so let's take a closer look and give you some of the numbers. three years, ago electronic payments overtook cash in the uk, and by 2018 just 28% of payments were in cash. that is forecast to fall to just 9% by 2028. across the rest of europe cash still dominates, for now. but for now the trend is definitely downwards. across the countries that use

and coming up in the business briefing. 8 billion dollar takeaway. just eat on the menu as the global food delivery wars heat up. a warm welcome to the programme, briefing you on all you need to know in global news, business and sport. within the next five years we could be spending $200 billion a year on takeaway food deliveries. are you part of the "can't cook, won't cook" generation? are you a takeaway app addict? tell us what you think, just use the hashtag #bbcthebriefing iran has rejected western claims its military accidentally shot down a ukrainian passengerjet, killing 176 people on board. officials in tehran said that it was ‘psychological warfare' by officials in the us, canada and britain that iranian forces had mistakenly fired surface—to—air missiles at the plane. iran has now invited boeing and the air safety agencies of ukraine, canada and the us to help the investigation into the crash. us media say these images appear to show the moment the ukrainian airliner was hit by an iranian missile, minutes after takeoff. a small explosion occ

a warm welcome to the programme, briefing you on all you need to know in global news, business and sportalso in the programme: instragrammers watch out — heston blumenthal has introduced a strict photography policy in his three michelin—starred restaurant, the fat duck. so we'd like to know what social media habits get on your nerves? do tell — just use the hashtag bbc—the—briefing uk scientists have issued a stark new warning about the fires in australia and climate change. they say the fires are a taste of what the world will experience as temperatures rise. at three degrees above 19th century levels, which some believe we are now aiming for, the situation could in the scientists‘ words "become normal". rich preston has the details. as australia burns, this new report draws a direct link between the fires and man—made climate change. experts at britain's met office say what we are seeing now will become the new normal. the earth's temperature has risen by one degree celsius since preindustrial levels. nations agreed to work to prevent breaches from rising by more than 1.5 degrees but t

this is the business briefing. i'm sally bundock. battleground be europe. the smartwatch is no threat to switzerland's luxury watch makers. we hearfrom the president of the most prestigeous of them all, patek philippe. financial markets have started a brand—new year. well japan is closed for a public holiday, elsewhere you can see there are gains. we'll go to our asia business hub shortly for the reasons why.

this is the business briefing. i‘m ben bland.and as the most influential figures from the financial world arrive in davos, we take a look at what to expect from this year‘s world economic forum. and on the markets, investors took a step back after last week‘s rally, though the mood remains upbeat after the china—us trade pact was signed. focus turning this week to the release of corporate earnings by some big us names.

this is the business briefing. trading threats.d hit written's carmakers with tariffs over its plans for attack tax on the likes of facebook. echoes of sa rs tax on the likes of facebook. echoes of sars as china battles the mystery coronavirus. could the economic contagion be as bad as 2003? and on the markets, asian shares fall as investors remain nervous about the extent of that virus outbreak. oil prices tumbled to seven—week lows on concerns about its impact on air

focusing on its core business, iphone sales help apple post record profits. a warm welcome to the programme, briefingou on all you need to know in global news, business and sport. and you can be part of the conversation. as we've mentioned, apple has revealed its most profitable quarter, making $22.2 billion at the end of 2019. it is making money across the board. are you an apple customer, or do you balk at the cost of its premium offerings? tell us what you think. just use the hashtag #bbcthebriefing. australian scientists have recreated the new coronovirus in a melbourne laboratory, and say it is a significant breakthrough in the quest for a vaccine. they will now share the details with the world health organization, with the hope it will help diagnose and treat the virus, which has so far killed 132 people in china. several countries have special screenings at airports to stop the spread of the virus, while countries like hong kong have enforced travel bans in and out of mainland china. joining me now is robin brant in shanghai. robin, it would seem everyone everywhere is trying everything they c

this is the business briefing. i'm sally bundock.r how the country is coping. oil on the up: the price of the black stuff tops $70 as tensions between iran and the us show no signs of cooling. and on financial markets, there is a flight to safety with the price of gold headed higher, as well as oil as the tensions in the middle east escalate.

coming up in the business briefing: big data and the climate crisis. w our tech addiction is fuelling global warming, and what silicon valley can do about it. a warm welcome to the programme, briefing you on all you need to know in global news, business and sport. you can be part of the conversation. the more time we spend on social media, online shopping or streaming video, the more data we generate. research from sweden suggests that data alone could use as much energy as transport by 2025. would you be prepared to use less tech to save the planet? tell us what you think. just use the hashtag bbcthebriefing. senators have sworn to deliver impartialjustice at the opening of president trump's impeachment trial in washington. he denies obstructing congress and abusing his powers by pressuring ukraine to invesigate his political rivaljoe biden and his son. 0pening statements in the trial are due to be heard next week. here is our norh america correspondent peter bowes. a rare scene of pomp and ceremony in the senate, setting the scene for only the third i

this is the business briefing. i'm ben bland. combating climate change is set to take centre stage at davos, but will leaders take the topic seriously or let the issue melt away? and all eyes on vancouver, as huawei's meng wanzhou arrives in court for her extradition hearing. and on the markets, asian shares took a sudden lurch lower amid mounting concerns about a new strain of pneumonia in china, and hong kong's credit rating was cut by the agency moody's. as we speak, key figures from industry, world leaders and even a few celebs are all descending on the alpine ski resort of davos. at this year's world economic forum, climate change is the hot topic of the week. attending this year will be president trump, teenage climate activist greta thunberg and top executives from firms including google, netflix, coca—cola but is there the will to tackle the issue? there's clearly a business impact, a report by the imf and cambridge university found that if temperature continue to rise by 0.04 degrees every year, for the next 80 years peo

this is the business briefing, i'm victoria fritz. big data and the climate crisis. how our tech addiction is fuelling global warming, and what silicon valley can do about it. plus: bruised by the trade war, china sees the weakest growth in three decades. but will a truce with us kick—start the recovery? and, on the markets, more record closes on wall street. asian shares rise as that chinese growth number comes in as expected, despite some fears it could be a lot worse. we start with the tech industry and its impact on the environment. the vast amount of data we use and store is a major source of carbon emissions and a major consumer of energy. microsoft is one of the world's biggest providers of computing power, along with google and amazon, and on thursday it announced the industry's most aggressive plan yet to tackle the problem. by 2030, microsoft has pledged to become carbon negative, removing more carbon from the environment than it emits. and by 2050, it hopes to have wiped out its carbon footprint altogether, by removing all the carbon it has ever emitted si

this is the business briefing. i'm sally bundock. pension deadlock: france braces for another day of protests over president macron‘s reforms as the cost of the strikes spirals into billions of dollars. plus, snack—sized streaming could quibi be the future of entertainment? we hear from the hollywood mogul and the tech tycoon who are betting on it. and on the markets, a relief rally: stocks rebound as the us and iran step back from the brink of a wider conflict. safehaven assets such as gold and us treasury bonds retreat. more now on france. another huge day of protests is expected to bring more chaos to the transport system, schools and law courts. labour unions are battling president macron over his plans to overhaul the country's pension system with strikes now entering a record—breaking 36th day. the most controversial change is to raise the age for a full pension to 64. it's currently 62 and that's one of the lowest in europe. 42 different pension schemes would also be merged into one with early retirementjust one of the benefit

this is the business briefing. i'm victoria fritz. 8 billion dollar takeaway. just eat on the menu as the global food delivery wars heat up. plus, the shape of things to come. but will smartphone users ever come round to the cyrcle phone? and on the markets, the global relief rally continues as the us and iran de—escalate tensions. wall street hits new record highs, sending asian shares higher. australia also at a new record. safe havens such as gold continue to slip we start with takeaway food deliveries. they are becoming a huge global business, as smartphone apps transform the way we order in. today uk—based just eat will become the latest takeaway app to find itself on the menu, as the food delivery wars heat up. just eat looks set to be bought by dutch rival takeaway. com, after a fierce takeover battle. the deal would valuejust eat at getting on for $8 billion. within the next five years we could be spending $200 billion a year on takeaway food deliveries, according to one estimate. sales are increasing by around 14% a year, with uber eats and deliveroo a

this is the business briefing. i'm ben bland. stoking tensions between the us and china — an extradition hearing for huawei's chief financial officer meng wa nzhou begins in vancouver. and as the most influential figures from the financial world arrive in davos, we take a look at what to expect from this year's world economic forum. and on the markets, investors took a step back after last week's rally, though the mood remains upbeat after the china—us trade pact was signed. focus turning this week to the release of corporate earnings by some big us names. the extradition hearing for a chinese telecom executive begins in canada on monday. meng wanzhou is wanted in the us on fraud charges. her trial could derail the recent progress the us and china have made towards repairing their relationship. potential villain or political pawn. that is what a canadian court will decide when meng wanzhou arrives for her extradition trial on monday. authorities allege the 47—year—old lied to us banks to help a subsidiary of huawei sell techonolo

this is the business briefing. trading threats. tensions rise in davos as the us warns it could hit written‘s carmakers with ta riffs over could hit written‘s carmakers with tariffs over its plans for attack tax on the likes of facebook. echoes of sa rs tax on the likes of facebook. echoes of sars as china battles the mystery coronavirus. could the economic contagion be as bad as 2003? and on the markets, asian shares fall as investors remain nervous about the extent of that virus outbreak. oil prices tumbled to seven—week lows on concerns about its impact on air travel. hello. very warm welcome to the programme. we will start in the swiss ski resort of davos, where trade tensions have flared up between britain and the united states at the world economic forum. the us treasury secretary, steven mnuchin, has threatened to hit uk carmakers with new tariffs after the chancellor, the finance minister in the uk, sajid javid, refused to back down over plans to tax tech giants including facebook and amazon. this i’ow co m es including fac

this is the business briefing. i'm victoria fritz. fashion today, landfill tomorrow. just 1% of clothes manufactured are recycled. we'll be meeting the entrepreneur looking to change the way we feel about fashion. and, oil prices spike following a us airstrike which kills a top iranian general, as fears rise of retaliation. and on the markets: wall street closed at a record high on the first trading day of the year. we will be keeping an eye on those oil prices and coming back to them later in the programme. never has the fashion and textile industry come under such scrutiny. as the industry continues to grow, the strain it puts on the environment seems to be intensifying. on the eve of london men's fashion week, we take a look at the case stacking up against fashion. every year, global emissions from textile production are equivalent to 1.2 billion tonnes of c02 — a figure that outweighs the carbon footprint of international flights and shipping combined. meanwhile, the environmental impact of discarded clothes is staggering. three years ago, a bcg report put the lev

this is the business briefing. i'm samantha simmonds. ghosn may be gone but he's certainly not forgotten as japan presses lebanon to return the fugitive ex—nissan boss. and testing out the top tech trends at this year's consumer electronics show in las vegas with everything from rotating tv‘s to robots on display. and on the markets, asian shares rebounded on tuesdayas investors' reassessed the risk of an all—out conflict betweenthe united states and iran, while wall street battled back to the black as tech stocks climbed. japan is reported to be pressing lebanon to return fugitive ex—nissan boss carlos ghosn, who escaped house arrest in tokyo before reportedly being smuggled out of the country. lebanon does not typically surrender its citizens but japan says it can request his extradition. the news comes as details have emerged of how the former top ceo escaped japan where he was on bail pending his trial for financial misconduct. sharanjit leyl is in our asia business hub, so what have we learned about his escape? that's right, it is q

this is the business briefing. i'm sally bundock. losing friends on wall street. facebook posts its slowest growth ever as antitrust and privacy concerns mount up. plus — two days to go. will brexit put the squeeze on britain's winemakers, or uncork their potential? and on the financial markets — the coronavirus outbreak continuing to weigh on stock markets. fed chiefjerome powell warning it is adding to global uncertainty as he kept us interest rates on hold. let's start with facebook, because shares in the social media giant were down sharply after its fourth—quarter results. that's despite another set of mind—boggling numbers — let's show them to you. revenues for the three months to december were just over $21 billion — up by around a quarter on the same time last year. more than a third of that was profit. investors, though, are used to much faster growth from facebook — 25% is the slowest growth rate in its history. but how much bigger can it grow? almost 2.9 billion people use one of facebook‘s services at least once a month, including instagram and whatsap

already, i talked about it already, i talked about it already, i talked about it at length in the business briefing man united and ed woodward's home. graffiti, trash, what's going on? it's interesting, manchester united, ever since alex ferguson left, one of the most successful managers of all time, world—renowned, ever since he left, after about 20 odd years, they've been a downwards tomorrow and they've not performed at their best. but ed woodward, in charge of tra nsfers, but ed woodward, in charge of transfers, bringing in new players, he has been blamed for their slump. the recruitment isn't good enough is what the fa ns isn't good enough is what the fans think. a group outside his home chanting he was going to die. it is fair enough to say i feel like they are underperforming and maybe this quy underperforming and maybe this guy is responsible, but that is one thing, but to graffiti the home! where is this taking the beautiful game? there is a lot of mindless morons who end up within football doing these things. this isn't the first things. this isn't the first thing we have seen this kind o

this is the business briefing. i'm ben bland. more turbulence for boeing, as the plane maker announces it troubled 737 max planes won't return to the skies until the summer of 2020. and a mixed set of results from netflix, as the streaming service continues to expand globally but struggles in the us. and on the markets: asian stocks, it's a bit of a bounce ina asian stocks, it's a bit of a bounce in a response to the coronavirus outbreak. let's start with the latest developments from troubled plane maker boeing, which has announced it doesn't expect its 737 max planes to return to the skies until the summer of 2020. the plane has been grounded since march after two fatal crashes, which together killed 346 people. boeing said it doesn't think its troubled 737 max jets will return to service untiljuly at the earliest, which is months later than expected. the markets had been anticpating the news late on tuesday, with boeing shares falling more than 5% as word of the delay started to spread. that prompted the new york stock exchange

the financial times is looking at finance as we did just now in the business briefing.. are you a football fan) i am. this is the painful story for me. who do you support? majesty noted and we had a great number of years and at a certain point in time we were hitting the football ritualist. a lot of it was what to do with had just like a lot of it was to do with what we did on the field but merchandising is great — reclaiming a greater and greater size of the bible top is there a way of this clu b bible top is there a way of this club so barcelona that are making a fortune of sharing the wealth to those that are going under? they are supposed to. there are payments for this club is going down the league and also payments to help those who are trying to cover up the league but it is administered by the government bodies. and this is what they don't do well enough. a quick word on the los angeles times. looking at the oscar nominations it was a very similar story with the golden globes. is quite incredible with the nominations of god. similar with the nominations of god.

this is the business briefing. i'm sally bundock. ceasefire in the trade war. the us and china sign a phase one deal, but huge issues still remain. plus — app happy! mobile users spent more three and a half hours a day on their phones last year, making tech firms $300 billion. so who are the big winners from our global addiction? and on the markets, us shares hit new highs as the trade deal is signed, with the dowjones closing above 29,000 for the first time. we start in washington, where the us and china have signed the first phase of a trade agreement, signalling a ceasefire in the trade war that has rattled the global economy. china has promised to buy an extra $200 billion a year worth of us farm produce. and an extra $75 billion worth of industrial products. in return, the us is halving its tariffs — or import taxes — on $120 billion worth of chinese goods. but most tariffs will remain in place. a tax of 25% will still be charged on chinese imports worth $250 billion a year. and president trump's biggest complaint — that china unfairly subsidises its indus

this is the business briefing. i'm victoria fritz. a $1.7 trillion gamble. britain's economic future at stake as it reshuffles trade ties with europe — and the rest of the world plus, net benefits. will brexit land uk fishermen a bigger share of the catch — or leave them adrift? and on the markets: wall street stages a late comeback, bucking a sharp sell—off in global equities, while china's currency weakens as fresh concerns over the coronavirus outbreak ripple through markets. we start with brexit — because after one referendum, two elections, three prime ministers and four years of political wrangling it is finally happening. britain leaves the european union at 23h00 gmt tonight. not much will change in the short term — because the uk will enter what's known as a transition period for the rest of the year. it remains in the eu single market and customs union — subject to eu rules, but without any say over them. during the next 11 months — travel between the uk and eu will be unaffected — there will still be freedom of movement — and trade will continue o

this is the business briefing. i'm sally bundock. ceasefire in the trade war.pent more three and a half hours a day on their phones last year, making tech firms $300 billion. so who are the big winners from our global addiction? and on the markets, us shares hit new highs as the trade deal is signed, with the dowjones closing above 29,000 for the first time.

gerri: i'm gerri willis with today's fox business brief.as on a wild ride surging after the close yesterday on the decision to cancel its spinoff of its old navy brand. the shares cooling off intraday despite a mostly warm reception from the street. wedbush saying the removal of the spinoff reaction is positive. gap shares down right now. >>> and moments ago, shares had been down most of the day after the company reported a slowdown at its north american locales for the winter season. revenue for north american store location vail resorts 2%. stock higher here. >>> [ inaudible ] upgrading shares of the snapchat parent to a buy and raising its price target by eight bucks to $24. snapchat up about 4.6% here as we head into the close. >>> up next, a business tied directly in the u.s./china trade war returns to "the claman countdown" a year and a half after the business took a hit, talks about the surprising impact of the trade war nearly 24 months later. "the claman countdown" coming right back. at comcast, we didn't build the nation's largest

a warm welcome to the programme — briefing you on all you need to know in global news, business and sportyou can be part of the conversation. tell us what you think — just use the hashtag bbc—the—briefing. a us strike force has targeted and killed iran's most important military commander. general qasem soleimani, the commander of the revolutionary guards quds force. he was killed, along with others, at baghdad's airport in an operation the pentagon said was at the direction of the president. it follows just days after iranian—backed militia leaders encouraged their followers to attack the us embassy in baghdad. jon dionnison reports. this is all that was left of a convoy of cars carrying around the‘s most senior military commander. his killing by the united states will shake the middle east to be called. qasem soleimani was head of the elite quds force of the iranian revolutionary guard and is usually influential figure revolutionary guard and is usually influentialfigure in revolutionary guard and is usually influential figure in the revolutionary guard and is usually influentialfigure i

business — net benefits. will brexit land uk fishermen a bigger share of the catch or leave them adrift? a warm welcome to the programme — let there be light! briefingall you need to know in global news, business and sport. and you can be part of the conversation. it's my last day in the office. tell us what you think about the stories we're covering — just use the hashtag #bbcthebriefing. the uk will formally leave the european union at 2300 gmt this evening — 47 years afterjoining. the country will continue to follow eu rules and pay into its budget under a transition agreement due to run until the end of the year. helen catt has more. we've had brexit dates set before but as the union flags flying in central london, and especially minted 50p coins now in circulation suggest, today really is the day that the uk will leave the eu after 47 yea rs. will leave the eu after 47 years. whether you love brexit, loaded or somewhere in between, it's a significant moment. make no mistake, it's a massive day and as of 11 o'clock year, 12 o'clock in brussels, we don't get to stop brexit, it's done. we are not a member state. we cannot rejoin without going thro

this is the business briefing. crunch day for huawei.wn to brexit. uk firms get ready for life outside the eu. and on the markets, the asian markets, many tumbled again on tuesday extending a global sell—off as the toll from the rapidly‘s reading chinese virus spikes. —— rapidly spreading chinese virus.

in business, a spent force — cash is in decline but in a world of digital payments, who gets left behind? a warm welcome to the programme, briefingn all you need to know in global news, business and sport. and you can be part of the conversation. please dojoin in. by 2028, the percentage of transactions made in cash could fall to less than 10%. how do you feel about society going cashless? tell us what you think, just use the hashtag #bbcthebriefing. the chinese authorities are taking drastic action to try to stop the spread of the coronavirus. they've imposed a travel shutdown on several cities, including wuhan, where the virus was first discovered. 25 people have been killed by the virus in china, but the world health organization believes it's not yet a global health emergency. gareth barlow has the latest. this is wuhan, the epicentre of the coronavirus outbreak. a city on lockdown. from here it is spread to ten countries and territories, while the number of infections are rising, experts say it is too soon to know the impact of what's being called 2019 ncov. there is still a lot we don't know. there is still a lot we don't k

and coming up in business briefing: losing friends on wall street. ivacy concerns mount up. a warm welcome to the programme, briefing you on all you need to know in global news, business and sport. and you can be part of the conversation. do tell us what you think of the stories we're covering today — just use the hashtag #bbcthebriefing. plans to evacuate foreigners from the chinese city of wuhan have been delayed as special flights haven't yet been

this is the business briefing. i‘m sally bundock. going nowhere fast.industry are leaving some customers high and dry. we‘ll find out why. and on financial markets a new trading week is under way. no action in japan, where there is a public holiday. geopolitics remaining on the radar of investors this week.

this is the business briefing. i'm samantha simmonds.return the fugitive ex—nissan boss. and testing out the top tech trends at this year's consumer electronics show in las vegas with everything from rotating tv‘s to robots on display. and on the markets, asian shares rebounded on tuesdayas investors‘

and coming up in the business briefing. 8 billion dollar takeaway.

in business briefing, us and chinese officials are set to sign the first part of a significant trade

coming up in business briefing, more turbulence for boeing, as the plane maker announces trouble 737

this is the business briefing. i'm sally bundock.c missiles strike two air bases housing us troops in iraq. and travelex counts the cost after confirming it's the victim of an ongoing ransomware attack. and on the markets, the price of oil spiked and there was a rush to safe havens in the initial response to the news of iran's retaliation. as you can see here, there's also been a sell—off on the share markets as investors remain on edge.

and in business briefing, snack—sized streaming! could quibi be the future of entertainment?