in the business news...t rates and its bond buying stimulus programme unchanged following its latest meeting. the ecb is currently buying 60bn euros of bonds a month as part of its quantitative easing programme. but analysts expect this to be scaled back given the eurozone's recovery. uk insurers have won a major victory by persuading the government to change the system used to work out compensation payments to accident victims. the changes to the so—called 0gden rate will affect payments worth billions of pounds. they're likely to cut the amount that victims will receive in compensation payments, but could also result in lower insurance premiums for drivers. more on this injust a moment. and jaguar land rover goes electric. every new car made by the manufacturer from 2020 will be electric or hybrid. it said the first of the new models that would be a fully electric vehicle, is the jaguar i—pace, which will go on sale in 2018. hello — welcome to the business news this afternoon. uk insurers have managed to p

in other business news: thank you.ance's schneider electric. the move will create a software firm worth more than £3 billion. schneider will take a 60% stake in the combined group, which makes 3d designs for businesses and factories. £18a million worth of goods were stolen from uk businesses between 2013 and 2016, according to new figures. they show greater manchester is britain's business theft hotspot, with 1a7,887 cases recorded over a three—month period, followed by west yorkshire and derbyshire. business theft refers to theft from shops and stalls, running away without paying, attempted theft or theft by an employee. the bank of scotland remains the most complained about financial business in the uk, according to the complaints watchdog. in the first six months of the year, the financial ombudsman said it dealt with 20,5a1 complaints about the firm — part of the lloyds banking group. the vast majority of the complaints about the bank of scotland, 83%, concerned its sales of ppi insurance. let's talk a bit about th

coming up, we have the latest business news will stop sally will be joining business news will stop sallyd how they are covered around the world by other news organisations. don't go away. tuesday promises to be the better day of the working week. a bridge of high pressure building in. things look quieter. a chilly start my view. this is the weather friend which brought the overnight rain. that is clearing off what it could bring a few showers across the start of the morning. mr involve around. some of it quite dense through cheshire into the west midlands and across central southern areas. temperatures starting off at around nine to 11 degrees for many. there will be plenty of sunshine, light wind from the north—west. the map is lit up golden with all that sunshine even as far north as a scotland as well. a little but also in china crossed eastern parts of northern ireland but cloud thickening up across the west. that is because we have a weather front making inroads of the atlantic gradually through the day. elsewhere, sunshine will persist in the morning. there will bea persist in the

the business live page is where you can stay ahead with all the day‘s breaking business news. n tv and online whenever you need to know. at the start of the programme we asked you about what was your worst travel journey. this asked you about what was your worst traveljourney. this story that flights are being probed, two flights are being probed, two flights delayed for hours on a ru nway flights delayed for hours on a runway in canada. you can see that there. passengers said they were held in deplorable conditions. dave says he flew into dc and from the landing to the airport hotel took longer than his entire flight from london. that‘s about eight hours. lance says a nine—hour delay in gatwick for a flight to bulgaria. not a great start to the holiday. and another detained in mexico, not allowed to — back to cuba. i am confused. james bevan is back here. any travel delays for you? confused. james bevan is back here. any travel delays for you ?|j confused. james bevan is back here. any travel delays for you? i think the cynical aspect of air travel is when they overbook flight

in a moment a summary of the business news this hour but first the headlines on bbc news: caribbean islandsentury. it is causing damage. parts of florida have ordered a mandatory evacuation. the government insists it does not wa nt to the government insists it does not want to shut the door on to eu migrants pulsed wrecks that after a lea ked migrants pulsed wrecks that after a leaked draft suggested... aung san suu kyi says a huge iceberg of misinformation is fuelling the crisis in rakhine state. in the business news this afternoon... he has won the election to his post with 53% of independent shareholders. 40% voted against. mike ashley owns 61% of the company. budget airline ryanair says customers will no longer be able to ta ke two customers will no longer be able to take two items of luggage into the cabin. it said passengers without priority boarding would have to pick the second bag in the hold free of charge at the gate. the changes will come into force in november to ease delays after too many customers to two bags on board. pr firm bell pottinger has put itself up for sale after a

in other business news, google is planning to buy the phone design operations of a taiwanese phone maker. it could be announced in the next couple of days. hsc contract has been struggling financially. the bidding for toshiba's valuable chip business has stretched on but we have a winner, at least an hour. they have agreed to sell the unit for $18 billion to a group led by an equity firm being capital. toshiba'sjoint

time to take a look at some other business news from around the world. google has launched an appeal against a two point four billion euro fine it was ordered to pay. you back in june. say respectfully disagrees with the ruling. was the biggest regulatory finance ever handed out by the eu commission. what's that it cools activity violates you antitrust rules. citigroup's chief financial officer said the bank expects a fifteen percent drop in trading revenues in the third quarter. compared with a stellar performance in the same period last yea. about a vote silly at the end of twenty sixteen prove to be a major boost for the liberty of bond currencies and commodities trading. for the lack of that same. this year could slow down. and in a country with the media and entertainment are heavily censored and ensure. and entertaining content for chinese youth may have been lacking in past investors are now turning to animate and user generated online content to appeal to teens and twenty somethings. so long as usual has more on the enemy craze that's taking chin

that‘s all the business news.volves opening the car door with the ‘far away‘ hand. it‘s designed to spot cyclists before actually opening the car door. anna holligan explains this simple but effective dutch solution. i was riding on my bicycle right over here when somebody opened the door. i try to avoid the door but i just ran into the door and i fell on my head. when i woke up there were a lot of people around me and i had a big bump on my head and i wasjust, like, what happened? it turns out this catchy phrase was created in the united states to describe something the dutch have been doing the decades. but they don‘t call it the dutch reach. i've never heard of it. so how do you teach your pupils to open the door? before we open the door we have to look around us. so inside, outside, we look over the shoulder, to the blind spot, reachjust like that, hold on the right hand on the door. before we go, we look again, holding with the left—hand, and then we open the door, just like that. common sense, it is a normal

there will be more business news throughout the day on the bbc live throughout the day on the bbc livegain tomorrow. have a lovely weekend. weekend. bye. good morning, we have a wet start to the day for some of us, but that rain is going to clear away to the east, we have a big area of low pressure sitting out to the north—west, that will give fairly strong winds or blustery conditions in north—west areas but rain moving eastwards throughout this morning, so that rain continuing to clear, and then many western parts already this morning, there is sunshine, we will see a few showers developing in scotland, northern ireland, may one or two of those in western areas as well. but the bulk of south—west england, wales, into the midlands and central southern england looking dry. the last of that rain will clear away, just after lunchtime i think, round norfolk and suffolk, then sunshine coming through, sunny spells for much of northern england but we will run into a few showers in northern ireland and in particular, western scotland, eastern scotland not faring too bad. in the far north east

now on bbc news, all the latest business news live from singapore. rime minister calls for a snap election, to get a new political mandate. and the smashing success. political mandate. and the smashing success. taking out their frustrations with a baseball bat is all the rage in singapore. good morning, asia, hello, world. it is the tuesday. glad you could join us on asia business report. i'm rico hizon. it is official. japan's prime minister, shinzo abe, announcing his plan to dissolve parliament and call elections more than a year before expected. he is currentlyjapan‘s third longest serving prime minister, he served one year from 2000 and has been prime minister since 2012. if things go way, he will be orchestrating his fourth term as prime minister. the election comes as the economy injapan is improving, and that is seen as proof that abenomics is indeed working. during his time in power, shinzo abe has used accommodation of fiscal stimulus, monetary policy and structural reforms to jumpsta rt japan's economy. then there is shinzo abe's popularity

business. talks had stalled over tata's huge pension liabilities. the newd the combined group will operate across 31 different sites throughout europe. but it will involve the loss of 4,000 jobs across europe. earlier, we asked thyssenkrupp's chief financial officer whether the number of redundancies could be even higher. what we clearly wanted to outline here is that we see a maximum, and we have seen that a lot of fears in some of the involved countries were there that it would be by far bigger. i think this number, given the more than 45,000 employees that we have in these assets currently, and that we want to realise it over a time frame of the first year, clearly indicates that there will be redundancies, but that the volume of the redundancies is a lot less than many people expected. and on top of that, one clearly has to say if both parties continued to stand alone, i think the redundancies to cope with the challenges of our industry would be higher. earlier gleick clark, secretary of state for business, energy and industrial strategy warrant that, a

in other business news, google is planning to buy the phone design operations of a taiwanese phone makerld be announced in the next couple of days. hsc contract has been struggling financially. the bidding for toshiba's valuable chip business has stretched on but we have a winner, at least an hour. they have agreed to sell the unit for $18 billion to a group led by an equity firm being capital. toshiba'sjoint venture partner is not happy about the decision and has filed a new legal challenge asking for arbitration. shares of apple falling after the company admitted to a glitch in the latest watch. the series of three was found to have a softwa re series of three was found to have a software problem with some models unable to connect to wireless networks without an iphone. apple says it is working on a fix. iran has been identified as a growing cyber threat. a new group leapt to be working for the iranian government was found, carrying out espionage activity since at least 2013. some countries have a already been targeted, focusing on players in the asian industry with both military and c

if you are interested in politics and sport but are not into business you only get news that interests you but if there is a business story that's important the chat bot will give you a personalized explanation not the same as for someone who consumes business news every day. that's why we're moving away from newspapers which essentially assume the same level. knowledge in all readers we offer a more individualized service with chat bots. this revote a lawyer is accessed not via a messaging platform but file website it was programmed by nineteen year old british student joshua browder do not pay helps users challenge parking tickets it talks a series of questions to determine the validity of the penalty and then guides users through the appeals process brothers bought has helped overturn more than one hundred sixty thousand parking tickets. i think my lawyer is not going to be arguing in a high cost cream core any time soon but the law is all about information and rules and i think last perfect for technology. for now most chat bots can only do what they've been programmed to do but be

live web page, bbc.com/business, on twitter @bbcbusiness and you can find us on facebook at bbc business newsou need to know. the bbc‘s dominic 0'connell is with us. give us your take on ryanair? ryanair, they were always a very efficient airline and they grew quickly and were able to organise themselves. this shows they are in organisational disarray if they couldn't calculate their pilots leave entitlement, what confidence does it give you. it is to do with the ryanair workforce. does it give you. it is to do with the rya nair workforce. part does it give you. it is to do with the ryanair workforce. part tv is not zero—hours, but a contractorised workforce. it is difficult to control your employees if you don't actually employ them which is what ryanair always claimed. john says i'm flying with them today from athens, i hope. iwould neverfly ryanair if there is a reasonable alternative. good luckjohn. anna says, "i would not have broken ryanair if this news had broken last week." that's the problem. so much unpredictability? what is making people annoyed are people who have holidays booked

you're with business live from bbc news.lled over the next six weeks. the budget airline has admitted that it "messed up" the planning of pilot holidays. 400,000 passengers are likely to be affected by the error. the operator now faces a compensation bill of more than £17 million. tom burridge has more. ryanair has been anything but "satis—flying" for the huge number of people whose flights have been cancelled. the budget airline has now published a full list on its website — more than 2,000 flights cancelled over the next six weeks. ryanair have cancelled two of ourflights home now, which means we're stuck in madrid. we've had to pay out hundreds of pounds extra to book another hotel and also extra flights to get back. the communication from ryanair has been absolutely atrocious. we don't even know why it's been cancelled. we're just really desperate to get home now. ryanair claims it made mistakes when allocating leave for its pilots. it says it will refund all passengers or rebook them onto other flights, and pay compensa

in a moment a summary of the business news this hour but first the headlines on bbc news: hurricane irmagh the caribbean. at least 14 people have been killed and a million affected. a review of the criminaljustice system in england and wales has found bias and discrimination in its treatment of people from black and minority ethnic backgrounds and suggests a new approach. a powerful earthquake has struck the southern coast of mexico, killing at least 20 people. now it's time for a look at the business news. britain's manufacturing output expanded at the strongest pace this year in the three monthsjuly according to figures from the office for national statistcs. but there was little sign of improvement in the trade deficit despite sterling's sharp fall since last year's brexit vote. and construction output fell after the biggest drop in news orders for more than three years. the number of people placed into permanentjob roles continued to rise sharply in august. the figures from the recruitment and employment federation jobs report, also showed that employers are having to offer higher wa

on twitter, @bbcbusiness and you can find us on facebook at bbc business news. r thoughts. the bbc‘s dominic o'connell is with us. a viewer says, "there is no such thing as a cloud, it is someone else's computer." the really big player in the cloud, not many people know it, is amazon. amazon global services division, it is its biggest earner. it is big in the uk. it runs the big cloud operations and not many people know that. did you speak to francis ingham this morning?” haven't. the bbc have been speaking to him at length. he is the head of the trade body... he was on our programme earlier. i found that having read the ruling, this is interesting, normally you expect a ruling from what dubs the industry regulator, it is just a trade association, it should have evidence in it, but a high—level thing. association, it should have evidence in it, buta high—level thing. it says they infringe this guideline and that guideline. no smoking guns in there. thanks, dominic. welds you very soon. in there. thanks, dominic. welds you very soon. bye—bye. good morning. we have

up to date on all the latest business news thanks for keeping me company you can find out more of course on facebook and follow the twitter feed and i'll have more news for you in the next hour so see that. sustainable protection for the earth ideas designed to preserve our ecosystems they exist around the world. global ideas takes the next step protection for our planet's biological diversity trailblazing projects. d.w. dot com slash global ideals. hashtag germany decides the day of decision is near. but if we on the f.t.p. of new concepts and impatience is a virtue and with me are ready to take responsibility to help this country. we have more than enough parties participating in incompetent governments but not the left party the money can do better polls in germany open on september twenty fourth. what do germans want for their country. what do the different parties stand for. and which party will come out on top. you're an expert on germany's bundestag election two thousand and seventeen. german decides german bundestag election two thousand and seventeen on d w. long. his english we

in other business news... voured candidate to buy its chip business. the highly—prized division is reportedly worth around $18 billion. us private equity firm bain capital, as well as the state—backed development bank of japan and south korean chip—maker sk hynix, are the leading suitors to buy the business. the chief executive of us credit reporting agency equifax has promised to make changes after the company suffered one of the biggest data breaches in history. the hacking attack affected 143 million us customers and the firm now faces multiple lawsuits and a possible federal investigation. and home furnishing company dunelm says it's feeling the squeeze as consumer spending slows. it says sales slowed and pre—tax profits fell to £92 million. it says it expects trading to remain challenging with the disposable incomes of consumers under pressure. let's look at the markets and we've put up the dunelm price. their share prices of almost 10% so investors are like and what they are hearing. we have also put up b

in a moment, a summary of the business news this hour but, first, the headlines on bbc news.on to rising tensions with north korea — who are accusing washington of declaring war. liz dawn, the actress best known for her role as vera duckworth in the soap coronation street has died. her family say she died peacefully in her sleep yesterday. the european council president, donald tusk, arrives for talks with theresa may, ahead of a decision next month on whether to begin post—brexit trade talks. in the business news: we are waiting on a court decision in america that could have a major impact on northern ireland's biggest industrial employer. the canadian plane maker bombardier employs 4,500 people in the province. but several american rivals have taken it to court — claming it gets illegal state aid. ag barr — the company behind drinks like irn bru and tizer — has reported strong sales — but weaker profits. that's partly because the firm is in the middle of trying to make their drinks less sugary. we'll have more on that in a moment. thomas cook says it expects the price of ho

and in other business news...hed a deal to be sold to the chinese—backed firm canyon bridge capital. this makes it the latest uk chip maker to be bought by a foreign investor. britain has to boost power generation by around a quarter if it's to meet demand for electric cars and electric heating. that's according to scottish power — which says much more investment is needed to handle the rapid charging of car batteries. unilever has agreed to buy the cosmetics firm carver korea for £2 billion from a group led by goldman sachs. unilever says carver is the fastest—growing skincare business in south korea. let's check in with the markets. not great news from the ftse100, bank stocks particularly being hard hit there. in germany, the dax is up, a lot of encouragement taken from the results of the german election. shares in imagination technologies have jumped 30% — that's after news that it's about to be bought. earlier this year, its shares lost 60% after it was dropped by its main customer apple. the euro slipped aft

new york. >> announcer: from fox business headquarters in new york city "wall street week." maria: welcome to "wall street week" the program that analyze the week that was and position you for the week ahead. coming up my interview with u.s. treasury secretary steven mnuchin on tax reform. but first gerri willis standing by with news from wall street. gerri: investors feeling the heat after a short but busy news week. hurricane irma barreling through the caribbean claiming at least 23 lives and destroys thousands of homes. the hurricane is on a collision course with south florida. north korea says it detonated a hydrogen bomb. a tough week for investors. the dow, nasdaq and s & p all closing down for the week. equifax the latest victim of a security breach. they say it happened in july of this year. it includes birthdates, addresses within in some cases drivers violence numbers and credit card numbers for 200,000 consumers. they detected the breach a month ago. amazon announced it's looking for a second corporate headquarters in north america. it will provide 50,000 jobs and

built for business. >>> new at 5:00, remarkable story. actress kate walsh is encouraging women to advocate for their health after she was diagnosed with a brain tumor. the star says in 2015 she started feeling exhausted all the time. she also had trouble finishing sentences, swerved when she drove, and had shooting pains in her head. she went to a neurologist and pushed for an mri. doctors discovered a brain tumor about the size of a lemon. they removed it and found that the tumor was not cancerous. she took a few months off to recover, and then she returned to work. >> what do i say, listen to your body, right? >>> equifax back in the hot seat. the credit reporting company says it suffered another data breach. this one before the enthusiastic hack -- the hack that impacted 143 million people. landon dowdy with more on this particular hack in the cnbc business news. good morning. >> reporter: good morning. equifax has confirmed reports that it had a separate cybersecurity incident in march, months before the massive data breach that expos

now on bbc news, all the latest business news live from singapore. new zealand's largest company has unveiled its yearly numbers. is it milking it for all it's worth? and the business of song and dance. can live bollywood musical transform india's theatre scene? it is monday, good morning, asia. hello and thank you forjoining us for this edition of asia business report. i'm rico hizon. new zealand's dairy giant fo nterra hizon. new zealand's dairy giant fonterra has reported a slump in profitability. new zealand's largest company reported a net profit of $546 million for the year ending 31 july, $516 million for the year ending 31 july, down from $612 million the previous year. earlier i spoke to fonterra's chief executive live from auckland and i started by asking him why profits were down. we have a difficult and to the season, so less volume, you can difficult and to the season, so less volume, you can see difficult and to the season, so less volume, you can see that in the figures and during the year at 57% increase in milk prices, and also normal

in a moment a summary of the business news this hour but first, the headlines on bbc news: south koreaest. the regime in pyongyang claimed yesterday it had tested an advanced nuclear bomb that could be fitted to a missile. kensington palace has announced that the duke and duchess of cambridge are expecting their third child. workers at two mcdonald's restaurants walk out over pay and job security, in the first strike at the company in britain in the business news... many economists do not expect uk interest rates to rise until 2019 despite inflation remaining above target, according to a snapshot conducted by the bbc. they believe that the bank of england's monetary policy committee will be reluctant to raise rates during brexit negotiations. activity in britain's construction industry slowed unexpectedly to a one—year low last month as new orders fell for the second consecutive month. the study blames a lack of new orders for the slowdown, with house—building doing well, but being offset by the sharpest fall in commercial development since july last year. more in a moment. the uk's co

stein offers a little business news stories i'm joined by anka hula high i guess. let's also with a major breach of what is one of the united states biggest credit reporting agencies as our time is one of the biggest and most threatening data breaches in recent years the company is called. equifax sort of three nationwide credit reporting agencies in the united states. announced yesterday late on thursday that the personal data of a hundred and forty three million americans could have been compromised huge hack occurred back in may. uses the slogan that almost half of the population of the united states and this is a very sensitive information i got out including names. birthdays social security numbers some credit card information and personal documents as well. the repercussions could be enormous and fallout from the announcement is already explosive as alexander hurst explains. for years equifax's run ads offering consumers a chance to see their credit score for free. now hackers have those breach began sometimen mid may and was discovered by equifax on july twe

that is it for the business news. >> thank you. the press trivia. are looking at what the papers have been saying. let's start with the un's general assembly getting underway in new york. >> north korea will be one of the major hot topics between world leaders. on its front page, the south korean paper, "the korean times," they have an article speculating what they will talk about. they say the leaders of south korea, japan, and the u.s. may start to talk about military options. they go into the specifics about what military moves for the three countries could make right now and what moves with lead to immediate war. i have also selected an "atlanti c" article from this weekend. is pertinent, because it has an interesting perspective. how can the world break the counterproductive cycle of escalation? "hail mary" could be north korea's foreign minister. he will be at the general assembly. the article says he is well connected and respected in pyongyang, and he should meet with his u.s. counterpart, rex tillerson. direct dialogue between the foreign m

that's all the business news.ars. a 12—kilometre exclusion zone is now in force around mount agung, after more than 500 tremors were detected on monday. our correspondent hywel griffith reports from bali. forced to flee their homes, these are just some of the 80,000 balinese people waiting for nature to take its course. nobody can tell them if or when an eruption will come, but the risk is just too great for them to remain in their villages. the wait creates fear and frustration. translation: i am bored spending days and days here. at home, i can work, i have my cows and chickens to take care of. it hurts that my home has been abandoned. this sports centre is just one of nearly 400,000 evacuation centres around the island. people are making use of gym mats mattresses, whatever they can find to be comfortable. they could be in for a long wait — nobody knows if an eruption comes whether it will take hours, days, or maybe even weeks. mount agung is a sacred site for the balinese — people face towards it as they pray

for this is the business i provide for my children and pay our rent so this new law will affect my business. but something had to be done plastic bags exacerbate nairobi's already significant crash problem and are a health hazard officials hope that pushing for alternatives to plastic bags will solve those problems while providing opportunities for those affected by the. i can confirm to you that the number of jobs but to be created by producing alternatives is far much more and more widespread than what already exists in the. existing plastic. bucket implant tell the capital these women had already been weaving ecofriendly bags fifteen years ahead of. him as a measure to lift these plastic bags have been banned i expect that we'll have more sales and this will enable us to educate our children and also help each other at idea. it took kenya three attempts over a decade to finally institute the ban that getting it to work is going to be a long term project as well. and speaking of difficult projects most of the bricks and jitters we hear of these days involve british businesses somehow losi

afternoon, welcome to the business news this afternoon. he second biggest the two companies have been in negotiations since last year when tata halted the sale of its uk business. talks had stalled over tata's huge pension liabilities... the new business is expected to employee a8,000 people. and the combined group will operate across 31 different sites throughout europe. but — it will involve the loss of a,000 jobs across the continent. well, earlier, we asked thyssenkrupp's chief financial officer, whether the number of redundancies could be even higher. what we clearly wanted to outline here is we see a maximum and we have seen that a lot of beers and some of the involved countries that it would be by far bigger. i think this number, given that more than a5,000 employees that we have in these assets currently and that we want to realise it over a time frame of the first year is clearly indicates that there will be redundancies but the volume of the redundancies is a lot less tha n volume of the redundancies is a lot less than many people

in the business news...test meeting. the ecb is currently buying 60 billion euros of bonds a month as part of its quantitative easing programme. but analysts expect this to be scaled back given the eurozone's recovery. uk insurers have won a major victory by persuading the government to change the system used to work out compensation payments to accident victims. the changes to the so—called ogden rate will affect payments worth billions of pounds. they're likely to cut the amount that victims will receive in compensation payments, but could also result in lower insurance premiums for drivers. more on this injust a moment. as house—builder bovis reports a profits fall of 31%, it says it will have fixed the problems with its faulty homes by the end of this year. some bovis customers had complained about homes being sold unfinished, and had reported faults in new properties. the firm, which has already set aside more than £10 million for the problem, saw house completions down on the same time last year. hello

more business news throughout the day on the business live web page. see you soon. bye-bye.s a result, it is a rather dull start. this isjust one day. as a result, it is a rather dull start. this is just one example ofa dull start. this is just one example of a weather watcher photo from this morning in the hertfordshire. a bit of mist around with lots the cloud, but that cloud will thin and break up but that cloud will thin and break up and there will be sunny spells developing into this afternoon. 0ne or two showers perhaps across eastern parts of england later on as well, but really for most of us, it will stay dry and the best of the sunshine across scotland will be across northern and western areas. it might stay cloudier in the highlands and aberdeenshire. in glasgow, edinburgh, 17 or18 celsius. and with sunshine in northern ireland, not feeling too bad here as well. and across most of england and wales as that cloud breaks, the sunshine comes through. it's going to feel pleasant. the temperatures perhaps getting up as high as 20 or 2 #18s in the capital. you notice th

absurd as now europe is involved in the raw and physical how that story on the rest of the day's business news in just a moment. i feel right news updates at the top of the hour and meantime of course there's always the website. of the day. he takes it personally i do anything with the wonderful people and stories that make the game so special. for all true fan. club. because more than football online going to the w. we speak your language our spanish program only until. only swilling someone doesn't miss an accumulative always close to the action but i'm not hoping you'll still get along with all i can get that up to the minute news and opinions the background to political developments. d.w. we bring you more of the oil. four hundred thirty kilometers an hour crazy stuff that's me feeling aboard a high speed train in shanghai the chinese sure can build trains and that's got the europeans all wired and it's their latest mega merger. and they won't call in sick or take holidays the rise of the robots automating millions more workers jobs in just years from now a bit of his will and let's do bus

that's world business report. the news review coming up injust a that's world business report. in just a few minutes, i will see you then. the syrian army is closing in on the eastern city of deir al—zour, besieged for nearly 3 years by the extremist group that calls itself islamic state. sarah corker reports. the syrian army and its allies have been rapidly advancing through the desert towards deir al—zour, the largest city in eastern syria. so—called islamic state controls half of the city, and much of the surrounding, oil—rich province. these pictures from syrian state tv show burnt—out tanks abandoned by is, some 20 kilometres from deir al—zour. a syrian army reporter says this village has been liberated. and, as troops continue the advance, they cut off is supply routes. deir al—zour borders iraq, and is is‘s last major stronghold in syria, with the group's de facto capital of raqqa under siege. an estimated 93,000 civilians are living in a government enclave in deir al—zour, dependent on air drops of food and medicine from the un and military. syria's six—year civil war ha

hello, welcome to the business news this afternoon.ws that over half of people with workplace pensions rely on that pot of money entirely for their retirement. a quarter of people surveyed said that they didn't even know how much they were contributing towards their pension. now, is this enough planning for your retirement? joining us now is adrian boulding director of policy at now pensions, authors of this new report. why is it not enough? people will be entirely reliant on their workplace pension. people could be playing the statutory minimum contribution. this weekend we celebrate the fifth anniversary of automatic enrolment to get more people into the pension plan, 8 million more havejoined but plan, 8 million more havejoined ’:z’; pensions four, 5; " " " plan, 8 million more havejoined ’:z’; pensions four, just 5; " " pensionable 1% from of pensionable earnings, 1% from their employer. it might generate a pension, perhaps £25 a week. not a big top up to your state pension. it is important people paid more into their pensions. is

business with north korea. how are the markets reacting? it is the start of the brand—new trading week. sk lisa, our business reporter. we are two minutes into the open for australia, japan, and south korea. what has the reaction been? markets are down following the sixth test by north korea. the biggest fallout is south korea. at the open there was a steep sell—off, negative i.4% south korea. at the open there was a steep sell—off, negative 1.4% last timei steep sell—off, negative 1.4% last time i checked. australia and japan are down. investors are taking a risk—off approach, moving money from risky stocks to safe havens. gold is now trading at $1335. 0ther safe havens include the japanese yen, the swiss franc, and other us government bonds. we are seeing the ten year treasury yields doing well, even though us markets are closed today. this has happened too often over the past several months. north korea missile tests, stabilisation, and markets going up again to be given the severity, and similar to hiroshima, people are wondering if this is a game—changer. if president trump cuts off

now to business news in germany's next government may not be finalized yet but it will be taking over an economy in rude as then if economic growth is surging tax revenues are rising and unemployment sinking any government can rub its hands with glee the new german government once formed will be in a very nice position financially leading research institutions have amended their latest growth predictions instead of one hundred percent they now forecast one point nine percent growth for germany this year and the experts are even more optimistic about next year they've raised their previous forecast to two percent that's germany's strongest rate since twenty eleven researchers say increased consumer spending and a construction boom are the reasons for the boost. let's head over to frankfurt where conrad bruisin is standing by our financial correspondent conrad could we be in for some tax cuts here in germany. look at that smile ben i think we can at least we can be sure that the three parties that are about to form a new coalition in berlin will not be able to avoid the discussion about

there will be more business news throughout the day on the bbc live webpage and on world business report possible explosion in west london after reports of an expression attitude train at parsons green station. goodbye. the overall theme of the next couple of days is still to be sunshine and showers. today, a fraction cooler given that the wind has more northerly about it. but on occasion, sunshine and showers doesn't cut the mustard, because they will gang together in south wales. let's look at the picture around the middle of the afternoon. by this stage, it will be more showery than persistent rain. that will not be the case for east anglia. here, it will look like an leaden skies. then you get a chance of sunshine once that feature has gone through for northern ireland. the south—west of scotland is doing well with the northerly breeze. it is the north and east of scotla nd breeze. it is the north and east of scotland that are picking up more than theirfair share scotland that are picking up more than their fair share of showers. that continues overnight as another belt of weather ea

now on bbc news all the latest business news live from singapore.ould be a dramatic saga over toshiba chip unit finally be over? indian engineers shoot for the men ina race indian engineers shoot for the men in a race to build a new rover. hello and welcome. toshiba has finally signed a deal to sell their memory chip unit to a group led by us investor for close to $18 billion. the deal comes at a crucial time for the company which is trying to keep itself afloat after suffering massive losses. a press conference was arranged by then hastily cancelled. translation: we have agreed on our business strategy and direction and there is nothing to worry about. but toshiba might face legal challenges before it is complete. western digital has launched legal action over the deal. first facebook now twitter — it has revealed nearly 2000 ads were placed on the messaging services from a russian media group suspected of trying to interfere with the us presidential election. a senate enquiry into russian meddling is ongoing and i spoke to our correspondent and as

but labour and the potential kingmaker of the new zealand first party want foreign investment. it is clear where for businesslity. what about the labour party? what do they bring to the table to boost the economy? they will invest a lot more in terms of social infrastructure in new zealand. they are also proposing a change to the reserve bank in new zealand act, to have an initial target of keeping full employment. that means the rbmz will be less likely to raise interest rates so they can boost growth overall. —— rbnz. they will support the amount of investment going on in the social pa rt of investment going on in the social part of the economy. that was tony joining us earlierfrom sydney. the markets. the dow jones joining us earlierfrom sydney. the markets. the dowjones industrial average street of seven straight records ended overnight, falling by 52 point. —— streak. the nasdaq also losing ground. analysts cite the us central bank tightening monetary policy for that. i am rico hizon. sport today is coming up next. the top stories this hour: president trump steps up the pressure on north korea, with mor

now on bbc news all the latest business news live from singapore. the un steps up pressure on north korean nuclear programme in in pausing more sanction. —— imposing. and speaking out about india's growth process. welcome to asia business report. the un security council has unanimously stepped up sanctions against north korea following the country ‘s sixth and most powerful nuclear tests. we do this is the ninth sanctions resolution. what is new? the international community is try to put pressure step by step with the hope they come to the negotiating table. we will see a total ban on textile exports. they have had bans on coal. combined with previous resolutions, we are seeing a ban on more than 90% of all exports, a key source of revenue for the country and its programme. there is also a big cut in its fuel import. oriel is the lifeblood of north korea's effort to build and deliver a nuclear weapon. —— all you'll. effort to build and deliver a nuclearweapon. —— all you'll. —— oil. over 55% cut—off of gas, diesel and oil. they wanted a complete oil

now europe is involved in the rock and facility we'll have that story on the rest of the day's business news in just a moment. i'll have your news updates at the top of the hour and meantime of course there's always the web site. of the day. we take personally. with the wonderful people and stories make the game so special. for all true fact.

hello, welcome to the business news this afternoon.will not renew uber‘s operating license which runs out at the end of the month. tfl are not happy with the way uber runs its business — they're worried about public safety and security issues. uber has 21 days in which to appeal the decision. sam dumitriu is from the free market think tank the adam smith institute. thank you forjoining us. firstly, we know on paper white tfl have done this. either other messages in that? what has happened is that tfl have decided to listen to the black cab lobby rather than the 3.5 million users in london. i think this is a decision that says, as sadiq khan likes to say, london is open. this isa likes to say, london is open. this is a decision which says london is closed to implement airship, innovation and competition. closed to implement airship, innovation and competitionm closed to implement airship, innovation and competition. it is about making the public safer. public safety issues have been cited, drive the vetting checks. you can't argue with