audiences would say, a really busy news week, this is a really important new story.y true. and i'd like to sort of challenge an idea that i think probably viewers might be left with by the sequence they've just seen. this is a scandal that's been unfolding in telford over many years, and we have been covering it in great depth and with great prominence during that time. so, the operation chalice brought to life the scale of abusing in telford. there was then the criminal prosecution, which saw seven men being sent to prison a few years ago. so, we have consistently been reporting this story as it's gone along, and we've done so again this week. the tv bulletins are where millions of people go expecting to be told told what are the big, important stories, and it wasn't until wednesday, three days later, that there was a report about telford on the national bulletins. why? so, it was covered in brief on the news at ten on tuesday night. a 15—second read... as i've explained, we've got a very busy news period and there's a limited number of stories we can cover. the rea

good morning, and welcome to asia business report, live from singapore, with me, marika oi. newsm the us. the treasury has imposed sanctions on five russian organisations and 19 individuals. it is basically in response to their involvement in cyber—attacks on american businesses and institutions as well as alleged meddling in the 2016 presidential election. we explain what is new. the us already has sanctions against many russian oligarchs. today, 19 individuals have been picked by the treasury. robert mueller, investigating russia's actions in the election, has helped this. one of these is someone has helped this. one of these is someone known has helped this. one of these is someone known as has helped this. one of these is someone known as putin's chef, owning a restaurant business up at close to the kremlin. what is interesting is that steve mnuchin says these sanctions are for meddling in the election, but also for the recent use of a military grade nerve agent to murder to uk citizens. ——2. he has gone further than donald trump has in pointing to this alleged attack by russ

in other business news, at japanese the fallout continues.business news, atjapanese carmaker toyota is hitting the brakes on tests of self driving cars on american roads after a woman in arizona was killed at the weekend after being hit by an uber vehicle in autonomous mode. that accident is under investigation. american retail giants are asking president trump to reconsider in posing trade tariffs on china. the likes of walmart and target say any tariffs will increase the price of everyday goods for consumers at president trump is reportedly announcing further ta riffs reportedly announcing further tariffs against china worth $60 billion this week. debra elms is the executive director of the asian trade centre and as tensions rise between the world's two biggest economies, she explained why even more tariffs against china could be announced. the original number was around $30 billion. as designed by his trade team. it was not seen as big enough by donald trump himself. in the last few days, there have been scrambling to double that numberand

that's all the business news.. but behind the accolades, there was a dark story of threats, bullying and allegations of sexual assault. tonight, panorama reveals the extraordinary efforts he made to keep his secrets hidden. our entertainment correspondent lizo mzimba reports. harvey weinstein. once one of the most powerful men in hollywood. he has denied allegations of nonconsensual sex after dozens of women came forward with stories of sexual harassment and assault. one actress says he invited her into his house and entered the room in a bathrobe, requesting a massage. isaid no, i'm not comfortable. at one point he said, if you won't let me kiss you or touch you or something, i don't know, will you at least lift up your shirt? this time he came back and he was fully naked. his representatives told panorama that katherine kendall's claims are untrue. the programme also explains how he fought back against allegations made against him. he hired a corporate intelligence firm, k2, who told panorama they never comment

that's all the business news. south wales. hundreds of people have escaped the fires, which are thought to have the fire started on an unseasonably hot autumn afternoon in the little town of tathra in southern new south wales. it spread rapidly, carried by strong winds. the flames spread and people were forced to evacuate. now hundreds left for the nearest town but others fled to the beach thinking that might be the safest place for them to go. many of them taking possessions and animals with them. however the smoke came in. we have heard from some eyewitnesses they could not see more than a metre beyond them. eventually the police were called to the beach and everyone reached safety. we understand there were no major injuries. some people being treated for smoke inhalation and also some volunteer firefighters being treated for exhaustion. however there clearly has been a huge amount of destruction on the site. the aerial footage shows you the charred remains of some buildings. the latest assessment is that 69 hous

now on bbc news, all the latest business news live from singapore. eep drop for us stocks overnight on fears of a trade war as president trump slaps new tariffs on chinese goods. and recruiting with the help of artificial intelligence. will this be a game—changerforfuture companies and potential employees?

business? do we have any members of the public bho would like to comment on new business? seeing none, new business is closed. next action item, please. >> sfgovtv please show the office of small business slide. >> president adams: okay. it's our custom to begin and end each meeting with a reminder the office of small business is the only place to start your new business in san francisco and the best place to get answers to your questions about doing business in san francisco. remember the small business commission is the official public forum to voice your opinions and concerns about policies that affect the economic vitality of small businesses in san francisco. it all starts here at the office of small business. >> item 9, adjournment. action item. >> i move. >> i second. >> president adams: all in favor? >> aye. >> president adams: meeting adjourned. [adjourned]

the business news this afternoon. ses, in the three months to january. the unemployment rate fell as well. that's according to new figures out from the office for national statistics. it means earnings growth is almost meeting inflation which stands at 2.7%. tech stocks continue to fall as investors react to calls for tighter regulation as a us regulator, announces it's looking into facebook‘s handling of personal data. the social media giant's market value has fallen by more than £28 billion in the last two days. shares in twitter are down more than 10%. it follows allegations that private information of 50 million facebook users were misused by a political consultancy firm. up to 90,000 grandparents and family members are missing out on a perk that could increase their state pension. national insurance credits for those who look after young children can be worth up to £230 a year in retirement. but an insurance firms says 90% of those eligible are failing to make the claim. it's called adult specified childcare credi

in a moment, a summary of the business news this hour but first, the headlines on bbc news: the primend daughter. tests on a door from grenfell tower show it held back fire for only half as long as it was meant to. the government says the risk to public safety is low. northamptonshire county council should be abolished — a government inspection recommends a complete restructure, after the council struggled with a deficit. in the business news: love it or hate it — the maker of marmite and dove soap has chosen rotterdam over london for its headquarters. anglo—dutch consumer goods giant unilever say the company will move to a single legal entity in the netherlands in an effort to become more agile. they say the decision is not about brexit. the toystore giant toys r us says it will close all 735 of its us stores as it winds down the company after failing to secure a buyer or a rescue deal. yesterday, it was announced that all the uk toys r us stores will close in the next six weeks. airbus has warned that it could not give any new business to uk engineering giant gkn if it is taken over

now on bbc news, all the latest business news live from singapore. ident trump is expected to go ahead with new controversial tariffs within the next day, but could canada and mexico be exempt? and on international women's day, we ask if gender equality and pay are a distant dream or something achievable. good morning, and welcome to asia business report, live from singapore. it is still all about trade this morning. and donald trump's trade war could start today. that is if you believed in reports the president will sign off on controversial tariffs on steel and aluminium. other industries are not sure this is a good idea. we have more from new york. brooklyn very is used to focusing on its craft but the company is increasingly worried about it brewing trade war, especially because it makes more than 50% of its profits by exporting a certain type of liquor. it will increase costs tremendously. if a trade war begins, that is very dangerous for companies like ours. in this company isn't alone. across the united states, businesses are struggling to figu

business update. i am joined by anka. we start with bad news for rail travelers in france. >> april 3, it will be harder to train.und by there will be sleeping strikes and drastic measures were taken in response to the french thernment's plan to reform state owned operator. reporter: if you are planning a spring getaway and france, your holiday could be spoiled by travel chaos. that is because there have been a series of crippling strikes planned. there will be a walkout for two days every five e over three months. the reason for the strikes is opposition to the plan to ,verall the state run operator boxing staff perks, and no more jobs for life. it management says it is a case of reform or die. maintaining the status quo would be simply fatal. reporter: the changes come at a time when the minister is trying to shake up the country's economy. warns t that they will not back down until the reforms are ditched. many governments have e tried ad failed to take on the rail unions in the past. the 1995 strikes paralyzed the entire country. there's ge

now on bbc news, all the latest business news live from singapore. global shares are higher, as investors shrugged off fears of a trade war. and electric cars move into the fast lane. how new technology is bringing radical changes to the auto industry. good morning, welcome to asia business report, live from singapore, with me, mariko oi. after a few days of panic selloff switch we saw, investors seem less nervous about president donald trump's threat to impose tariffs on steel and aluminium. on wall street, the dow broke a four they losing streak, up 1.496. broke a four they losing streak, up 1.4%. investors started broke a four they losing streak, up i.4%. investors started to see the president's comments as a negotiating tool after he tweeted that canada and mexico could avoid his proposed tariffs if they agreed ona his proposed tariffs if they agreed on a new north american free trade agreement. we are now seeing asia following wall street, with the nikkei up by 2%. but is their enthusiasm premature? i put that question to my colleaguejoe miller i

the business news now. d from charging catch—up bills for gas and electricity used more than 12 months earlier. ofgem's new rule, to start in may for domestic customers, should stop shock bills of thousands of pounds. the regulator said the typical back bill was £1,160 and in extreme cases they have exceeded £10,000. most customers struggle to pay and some are driven into debt. airbus, one of the uk's biggest manufacturing employers, has warned that it may have to stockpile parts to operate smoothly once the uk leaves the eu. speaking to the bbc, airbus uk's senior vice—president, katherine bennett, said the firm spends £5 billion a year on the uk supply chain, and operates a "just in time" operation so it is vital that parts don't get held up at warehouses. there's been another drop in car sales. data from industry body the society of motor manufacturers and traders shows that new car registrations dropped 2.5% in february. the fall comes after a 6% drop injanuary. it's been blamed partly on customers turni

now on bbc news all the latest business news live from singapore. we first quarter of the leading here is. will the second quarter, from april untiljune, be as volatile as the first? we will get some answers. and farming is no longer confined to rural parts of the country. we look at india's modern approach in the urban areas. good morning, aged. hello, world. it isa good morning, aged. hello, world. it is a friday. glad you could join us for this edition of asia business report. i am for this edition of asia business report. iam rico for this edition of asia business report. i am rico hizon. for this edition of asia business report. iam rico hizon. it for this edition of asia business report. i am rico hizon. it is the end of the week and also the end of the first financial quarter. global stock markets have been volatile over the first three months of the year. we have had trade warfears, tech stock wipeouts, and viewers. volatility isn't necessarily a bad thing. i hope we do see more volatility in the market. ultimately, volatility is an opportun

new business. allows commissioners to introduce new business to the commission for future agendas. >> do we have any new business? commissioner zouzounis? >> i want to focus on getting a list of task businesses so i can better refer other people. and also, you know, following the conversation we had around commercial and retail, i'm curious if there's any numbers kind of circling back to the housing and density bill and the soft side acquisitions, if there's any information we can receive around commercial protections with development -- housing development in general as i've seen, you know, commercial ground floor spaces being lost and i'm wondering if there's any numbers on that. >> okay. any other new business? we have public comment on new business. seeing none, public comment is closed. next item, please. >> sfgovtv, please show the office of small business line. >> so we begin each and end each small business meeting with a reminder that the office of small business is the only place to start

this is business live from bbc news with maryam moshiri and sally bundock. it's the end of the road for uber in south east asia! the ride—hailing giant sells its business to the region's biggest player. live from london, that's our top story on monday 26th march. uber has already retreated from china, is today's u—turn a sign that the company is slamming the brakes on its global expansion? also in the programme... the us opens the way to a truce with china but says it's not afraid of a trade war between the world's two biggest economies. we also look at the global markets and how they we also look at the global markets and how they have we also look at the global markets and how they have opened we also look at the global markets and how they have opened in we also look at the global markets and how they have opened in trading on the first week before easter. banking on the next generation: we'll be speaking to the boss of a new lender hoping to transform the way small businesses obtain credit. today we want your thoughts on supermarkets. they are apparently

now for business news from singapore. is set to make sweeping changes that will give president xi jinping more power and consolidate control over its regular trip policies. and one indian carmaker makes inroads into the us by building a massive auto assembly pa rt building a massive auto assembly part in america's car capital. good morning and welcome to asia business report live from singapore with me. as we can see, china's national‘s people's congress has kicked off and is well in beijing. leaders began by setting 2018 gdp growth at 6.5% the same as last year and an increase in military spending of 8%. they are also expected to rubberstamp several sweeping pieces of legislation including removing term women for the president. lawmakers are also expected to create a powerful anticorruption agency and approve a major overhaul of its banking and insurance sectors, putting them under the supervision of one government bureau. all this while there is a transition in leadership at the central bank and the people's bank of chi

thank you for the latest on business news. that is it for us. stay tuned for more news coming up shortly. ♪ more d deep than dancncing for e sami: i've finally ended up in andalusia, in southern spain, the birthplace of flamenco. [men speaking spanish] [flamenco guitar playing] man: ole. [men speaking spanish] sami: flamenco is something much more deep than dancing for the tourists in a taverna, with a rose behind one ear. flamenco is powerful stuff. emotions are not held back. the soul is not spared. the technical virtuosity of the best flamenco musicians is unbelievable. the music is rhythmic science, incocorporatig

now on bbc news, all the latest business news live from singapore.ber is selling off its south—east asia business to singapore —based rival, grabbed it. what is this mean for two of the world's guest tried hailing companies? and is the largest employer of people in india, will find out why the country's farming industry has been stuck the same old gear for decades. —— with. good morning, asian, hello, world. it isa good morning, asian, hello, world. it is a monday, hope you had a great weekend and glad you could join us for this edition of asia business support. i am rico hizon. for this edition of asia business support. iam rico hizon. we for this edition of asia business support. i am rico hizon. we start off with uber and after pulling out off with uber and after pulling out of china, it is now giving up another, selling its business in south east asia to regional rival, grab and. two more, i'mjoined now by my colleague and business reporter. why there retreating from asia? it comes down to money, uber is reducing its footprint in asia because it

in the business news...ajor sponsor makes its disappointment in the ball—tampering controversy known. the head of australian airline qantas has told the bbc he wants the authorities to urgently complete the inquiry and take appropriate action. qantas said it was "in discussions" with cricket australia. a warning to people who are opting for rent to own household goods. a combination of low incomes and high interest rates has meant half borrowing to meet payments. the citizen's advice bureau is calling for home credit loans to be capped in the way payday loans are. debt on uk credit cards is growing at the fastest rate since before the financial crisis. the debt level in february was over 8% higher than a year ago. the reason, according to uk finance is that people are using cards for more often for smaller, contactless purchases. as we've been hearing, citizens advice is calling for home credit loans to be capped — just like payday loans. if you can't afford to buy essentials like cookers, or washing machine

coming up at 6:00am on breakfast: naga munchetty and charlie stayt will have all the day's news, businessiefing from bbc news. the latest headlines: mark zuckerberg has admitted facebook made mistakes that allowed the firm cambridge analytica to exploit the data of millions of users on behalf of political clients. he said there had been a breach of trust between facebook and users, and promised to make changes. police in texas say the man suspected of a string of bomb attacks in the state left a 25—minute recording about the six devices he had constructed. mark anthony conditt blew himself up while being chased by police officers. brexit is set to dominate today's eu summit in brussels, with leaders publishing their vision of the future relationship between the uk and europe. now it's time to look at the stories that are making the headlines in media across the world. we begin with the times and its coverage of facebook. it says advertisers are threatening to abandon facebook following mark zuckerberg admitting that the company had made mistakes over the cambridge analytica scandal. and l

stay up—to—date with the business news as it happens on the business life page, there is inside analysist involved on the business life web page. on twitter... and you can find us on facebook. business live, on tv and online, what you need to know, when you need to know it. many of you have been in touch about your drinking habits, pubs, except but let's dig deeper into one of these stories. the fact that the state of arizona has banned uber from progressing with driverless technology. another blow for the company? yes the accident last week, obviously, the state responding. the issue with arizona, some of the rules protesting driverless cars we re rules protesting driverless cars were not quite as tight as say, california, a lot of the tech companies, if they were looking for a slightly less strict regime were going for arizona and what this has done is highlight the challenges today that the industry faces and the difficulty of getting the technology over the line. what could that mean for them, if they can't test in arizona? again, as with a lot of tech companies, the challenges you n

it is time for our business news. you were looking at the business reaction to mark zuckerberg's comments in the wake of the scandal? >> investors had a chance to react immediately. yesterday there was a slight uptick in the share prices. they a still down over a percent for the week, wiping tens of billions of dollars off of the company's value. this is before the opening on rrly cvinced by the comments of mark zuckerberg. experts recognize the damage, but fundamentally most believe the share price will bounce back. >> there is a campaign online for people to delete their facebook accounts. #deletefacebook has been weeted thousands of times. the delete uber campaign led to thousands to remove their accounts. facebook has 2 billion active users worldwide. it doesn't look like that will drop sharply for now. and also own what's app instagram. snapat has 187 million daily users. twitter has 330 million per month. hasears of wi chat surveillance on that network. in the u.s., they are expected to announce trade measures a

i suppose audiences would say in a busy news week this is a really important news story.they have just seen. this is a scandal that has been unfolding in telford over many years and we have been covering it in great depth and with great prominence during that time. so the operation chalice brought to light the scale of abuse in telford. then there was a criminal prosecution which saw seven men being sent to prison a few years ago. so we have consistently been reporting this story as it has gone along and we have done so again this week. the tv bulletins are where millions of people are expected to be told what the big important stories are and it was not until wednesday, three days later, that there was an actual report about telford on the national bulletins. why? it was covered in brief on the news at ten on tuesday night. as i have explained, we have a very busy news period and there are a limited number of stories we can cover. the reason it became a network tv bulletin story on wednesday was because partly because of ourjournalism. we interviewed the police in telfor

now for the business news. ocked — that's according to a group of 16 mps who have written to the business secretary. melrose industries, who say they specialise in the acquisition and performance improvement of manufacturing businesses, has offered £7.4bn for gkn — one of the uk's largest industrial firms. the pensions regulator has warned that a take over could affect gkn's ability to fund its pension scheme. harley davidson motorbikes, bourbon whiskey and levi jeans are among the us goods that could be hit by eu taxes if the us imposes import tariffs on steel and aluminium. the bbc understands that the eu has drawn up a target list of 100 us goods worth £2.5bn. the list was circulated to the 28 eu member governments on monday and eu commissioners are expected to discuss the proposals tomorrow. the disgraced former co—op bank boss paul flowers has been banned from the financial services industry by the city watchdog. mr flowers was chair of co—op bank between 2010 and 2013, but was forced to step down amid alle

owany public comment on new business? any new business? no new business. can i have a motion to adjourn? >> v.p. adams: motion to adjourn. >> second. >> pres. brandon: all those in favor? the meeting is adjourned. . >> good morning and welcome to the san francisco transportation authority meeting for today, tuesday, march 13, 2018. our clerk is mr. alberto quintanilla. mr. clerk, if you could please call the roll. [ roll call. ] >> clerk: we have quorum. >> supervisor peskin: thank you. i've been asked to excuse commissioner kim. is there a motion to excuse commissioner kim? made by breed, seconded by sheehy. we'll take that. could we have the citizens advisory committee report. >> good morning, chair peskin, vice chair tang and members of the transportation authority. i'm john larson, the chair of the citizens advisory committee, and i will be presenting the report of the february 28th cac meeting. beginning on item seven of your agenda, the cac recommended allocation of prop k funds as presented. a question was raised that in contracts of the cable car p

now on bbc news all the latest business news live from singapore. n markets react to the news that the white house's top economic adviser steps down just hours after president trumps stands firm on steel and aluminium tariffs. and billions of dollars in offshore oil and gas are mocked for east timor. welcomed asia business report live from singapore with me, marika oi. the white house's top economic adviser gary cohn has resigned, reportedly unhappy about the president's proposed tariffs and that it could trigger a trade war. we are already seeing the impact on the market, especially on the us dollar falling against safe haven currencies such as the japanese yen and swiss franc. mr trump tweeted that he will appoint a new person to the role in the coming weeks. the news of gary cohn‘s resignation came shortly after his comments that the recent dispute he disagree with. the united states has been taken advantage of by other countries both friendly and not so friendly for many, friendly and not so friendly for any friendly and not so friendly for many,

owany public comment on new business? any new business? no new business. can i have a motion to adjourn? >> v.p. adams: motion to adjourn. >> second. >> pres. brandon: all those in favor? the meeting is adjourned. - >> san francisco is known worldwide for its atmospheric waterfront where spectacular views are by piers and sight and sounds are xhanl changing we come to the here for exercise relax ball games entertainment, recreation market, exhilaration a wide variety of contributions easily enjoyed look up the bay the waterfront is boosting for activities boosting over 25 visitors every year the port of san francisco manages 7 may have million dollars of waterfront from hyde street and fisherman's wharf to the cargo terminals and name shoreline the architecture like pier 70 and the ferry building is here for the embarcadero and a national treasure the port also supports 10 different maritime industries alongside with the recreational attractions making san francisco one of the most viable working waterfronts in the world but did you think that our waterfro

good afternoon, the business news 110w. ent for failing to pay staff the national minimum wage. as president trump signs off new tariffs on steel and aluminium imports, major trading partners condemn the move, calling it a "serious attack" on international trade. the uk's trade secretary liam fox says he will go to washington to seek an exemption. the chair of the institute of directors, lady barbara judge, has been suspended following accusations of racist, sexist and bullying behaviour. the business body said it's decision was "pending further investigation". ladyjudge is contesting the allegations. the list goes on and on — retailers hitting hard times. last week it was toys r us and the electronics retailer maplin, byron, carluccio's, jamie's italian and prezzo. this week it's fashion chain new look, house of fraser, claire's accessories. not all have gone under, some are restructuring their finances, cutting staff, retrenching. but even though the news would suggest something close to a high street recession, the last r

in a moment a summary of the business news this hour.ner is seeking a warrant to search the offices of a political consultancy, accused of using the data of millions of facebook users to influence the us presidential election. russian diplomats move out of their embassy in london — after theresa may ordered the expulsion of 23 officials, in response to the nerve agent attack in salisbury. a two—year—old girl has died after being pulled from a car which plunged into a river in cardigan in wales. i'm jamie robertson. in the business news... inflation in the uk has fallen. consumer price inflation fell from 3% to 2.7% in february. that's the lowest figure since july 2017. inflation jumped after britain voted to leave the european union in 2016 — hitting a six—year high of 3.1% in last november. britain's data protection authority is seeking a warrant to search the offices of london—based firm cambridge analytica. it's part of a wider investigation that the political consultancy improperly gained access to data on 50 million users from socia

you can also find them on bloomberg.com, along with all the latest business news, analysis, 24 hours bloomberg. ♪ >> welcome to bloomberg business week. >> that's right. the environment al protection agency? how about the digital protection agency? all ahead on "bloomberg week."

so that it's easier to get 504 loans. >> ok, any other new business items? public comment is closed. next item, number 9 adjournment. >> before that, please show the office of small business slide. and remember the office of small business should be your first stop when you have any questions about what to do next. you can find us online or in person here at city hall. best of all, all of the services are free of charge. the small business commission is the official public forum to voice your opinions and concerns about policies that affect the economic vitality of small businesses in san francisco. please, we want to hear from you, come to our meetings. the 2nd and 4th monday of the month, we want to hear from you. if you need assistance with any small business manners, start here at the office of small business. >> item 9, adjournment. >> moved, seconded. >> all in favor, aye? meeting adjourned. >>> this is a reminder to silence all electronic devices. fire commission meeting february 28th. the time is 5:02 p.m. roll call. (roll call)

in a moment, a summary of the business news this hour.o go until britain leaves the eu, theresa may visits all four uk nations, pledging to make the country strong and united after brexit. police say sergei skripal and his daughter were probably poisoned at his home. high levels of a nerve agent were found at the front door. a senior labour party figure resigns in a row over a candidate who put an article on facebook casting doubt on the holocaust. i'm ben bland — in the business news: the owner of bargain booze is facing a hangover from a combination of higher costs and rapid expansion that's left it on the brink of administration. the firm, which also supplies some pubs and restaurants and owns wine rack, says it plans to appoint administrators unless circumstances change. in recent weeks, it's issued profit warnings and revealed a £30 million tax bill. annual house price growth remained subdued in march, according to the nationwide building society. the average increase of 2.1% was down slightly from february's rate of 2.2%. nationwide

i'm jamie robertson — in the business news...ring giant gkn has been ratcheted up. melrose industries, a company that specialises in taking over and restructuring businesses, has upped its offer to £8.1 billion pounds. this it says is a final offer. gkn makes parts for boeing 737 jets and black hawk helicopters, volkswagen and ford cars. record numbers of customers are switching electricity supplier. more than 660,000 people changed in february, the highest number yet. energy uk said the figure was 60% up on a year ago. over one million customers have switched so far this year. heathrow airport had a record 5.lim passengers in february, up 2.4% on last year. larger, fuller aircraft from south asia and latin america were behind the increase, with passenger traffic from south asia up 12.7%. the airport also trumpeted a 19th consecutive month of cargo growth with trade value climbing 5%. uk consumers have been pulling back from spending on anything apart from food and entertainment over the last month. spending in shops was up1.6% y

business. we are sitting at record numbers of new businesses, 600,000 per year. ses, 600,000 per year. go back 30 years, that number would be around 180,000. still a high rate. but we are being much more entrepreneurial than france and germany. what we must do is nurture these. providing sites like this is a good way of doing it. but beyond that you need to be able to finance. and access to long—term finance, not just short—term solutions. why is washington so obsessed with china's huawei. it is proving to be pretty dominant in the market. almost challenging apple and samsung. just how close is huawei to the government? these companies are intrinsically linked. if you are allowing huawei into high—tech areas, which can affect national communications with some influence, that level of high—tech, i am talking about five g, then you need to control it, see who is involved. we are more accepting of it over here. vodafone already has a deal with huawei. more to come on that. nominations for new goals. the maker of barbie says it will be recognising international women'

and now, what's trending in the business news this morning.‘digital tax‘ on eu turnover. a levy proposed by brussels will tackle tax avoidance by taxing revenues rather than profits, raising some 5 billion euros a year. as for wired, theranos and silicon valley's "fake it til you make it" culture, referring to the much—hyped blood testing startup which has been charged with an "elaborate years—long fraud". its young ceo elizabeth holmes has been forced to give up control of the firm and ordered to pay $500,000 for misleading investors. and quartz picks up on the global cost of living index — saying london has slumped to 30th most expensive city for expats — its lowest in more than two decades — thanks to the post—brexit fall in the pound. and don't forget — let's us know what you are spotting online — use the hashtag #bbcthebriefing. that's it for business briefing this hour. but we fall we go, let's look at the markets. —— lots of uncertainty with the musical chairs that donald trump has been playing. —— but before. a clean air fund financed

in the business news...it's in the "mutual interest" of the uk and the eu to include financial services in a free trade agreement. he's due to speak later today. earlier eu council president donald tusk repeated warnings about "cherry—picking". almost 1000 jobs are to go at new look after the high street retailer announced its company voluntary arrangement or cva. under the reorganisation, 60 stores will close, which is expected to result in 980 job losses. but the company says it will try to redeploy staff. investment bank goldman sachs has put more than a dozen staff on notice to move to frankfurt within weeks. that's according to sources who say the us bank has decided it can't wait any longer for clarity on how brexit will affect its business. uk house prices grew at their slowest rate in five years last month. growth slumped to just 1.8% in the year to february, according to halifax, the country's largest lender. that's the slowest rate of increase since march 2013. the average price of a home fell by a

coming up at six o'clock on breakfast, charlie stayt and naga munchetty will have all the day's news, the businessou are watching the briefing from bbc news. the latest headlines: the us could hit russia with further sanctions, that's after the expulsion of 60 american diplomats over the spy poisoning scandal. australia's cricketers prepare to return to the field for the first time since the ball—tampering scandal, that's cost the team its captain, vice captain and head coach. an unmanned chinese space station is about to make an uncontrolled fall to earth. experts aren't sure exactly when or where tiangong—1 will come down or even how much of it will burn up in the atmosphere. let's have a look at the stories that are making the headlines in media across the world. we are going to start today with the front page of the the independent. a positive story, yulia skripal out of danger. the daughter of a former russian spy said to be conscious and talking, after she was attacked with a nerve agent in salisbury earlier in the month. her father sergei skripal still in a critical condition. the arab news

news . business d.w. news live from napco on mccraw agreed to stop work on a new report. on the german chancellor in paris and agree to prepare a road map by june also on the program. britain's foreign secretary says it's likely that the russian president vladimir putin personally ordered the nerve agent attack on a former spy in britain.

now on bbc news, all the latest business news live from singapore.rk zuckerberg breaks his silence. he says facebook made mistakes over the handling of users‘ data, and he‘s reportedly open to testifying in front of us congress. no surprises from america‘s central bank, new chairjerome tel delivers its first spike of this year and he has signalled there may be a few more to come. good morning, welcome to asia business report, live from singapore with me, mariko oi. we‘ve all been waiting to hear from the boss of facebook and finally we have. mark zuckerberg admitted that the company made mistakes over how its users‘ data was handled. of course, earlier this week, as we reported, it was revealed private information of facebook users, some 50 million of us, was misused by political consultancy firm cambridge analytica. in a statement mr zuckerberg said: i started facebook. .. that was the statement he posted on his personal facebook page and he‘s giving an interview with cnn, in which he apologised for the breach of trust. he said facebook should not h

news out today. take a look at the business live page, which keeps you up—to—date. b&q shares down 7% in london. s brass shares down as well. a disappointing trading statement. i street retailers really struggling. news of —— news of an emergency loan from carpetright. it has got emergency funding. that gives you a sense of what is going on. very busy. add to that the federal reserve. it will wrap up it's two—day meeting. and with more details on the federal reserve meeting later today, kim gittleson has this report from washington. he has the wisdom and leadership to lead our economy through any challenges are great economy may face. on tuesday, jerome powell got to live the dream. he began his first meeting of the head of america's central bank. the federal reserve is one of the most important institutions in our government. most people expected —— expect the federal reserve to impress interest rates. —— increase. but the problem is who will be impacted by an increase. there are three main groups. savers have not been able to learn anything on their savings for nearly a decade now. but slowly,

you're with business live from bbc news. car industry after brexit suggests a no deal scenario would mean the loss of thousands ofjobs and millions in investment. the select committee report suggests the uk must closely align itself to the eu's trading model to give car manufacturing a realistic chance of survival. david bailey, professor of industry at aston university, gave evidence to the committee. david, tell us a little bit more about this scenario that is being played out. the report is very hard hitting. the mps on the committee have done a greatjob of spelling out the issues facing the car industry in the wake of brexit, and they make the point that there is no benefit from brexit for uk car industry. there are only costs and this is about damage limitation. in particular they make the point that no deal would be the worst outcome. it would mean wto ta riffs of tariffs of up to 10% on karzai a% on components, which would have a huge impact on the industry here. it would probably see plant closures and considerable j

your weekly review of the most important business news, analysis, and interviews from bloomberg televisionund the world. the week began with turmoil in the tech sector as a facebook found itself at the center of a gathering storm. ♪ >> facebook under fire. government officials in the u.s. and europe are demanding answers from the social media giant after reports of cambridge analytica, the data from that helped elect president trump, use the private information from facebook profiles of 50 million people without their consent. the news has consent facebook shares down more than 5%. >> it goes to the issue at facebook and other social media companies about data integrity. where's the data reside? who has access to it and who can repurpose that data? >> they are now starting to realize this thing is becoming a pattern. this is a regular problem facebook is having. i would argue it is because of failures of systems design that are endemic to the way facebook has been allowed to evolve. if that is true, then the stock probably should drop because we are going to see more such problems in the f

coming up in business news trouble at the top of germany's biggest bank to be here with just in just a minute with that and much more. they make a commitment. they find solutions. in stronger. africa on the road. stories of people making a difference shaping their nation eleven the continent of africa on the move stories about motivational change makers taking their destinies into their own hands. a multimedia series. d.w. dot com africa on the move. is it's crying in the rain seems to be looking for a new boss says the london times cry and took the helm and twenty fifteen but failed to make germany's biggest land profitable again. also coming up if you can drive it sell it as driving brands lumen germany the country's second and diesel cars are proving a hit in eastern european countries. and the bangladeshi garment industry is booming and that comes out of price child labor is booming too and the impoverished country. this is the business. seems to be looking for a new boss that's according to a report by the british you've used paper the times it says his chief executive john crya

you can find them at with all the latest business news and day. you for watching. i'm mark barton, this is bloomberg. ♪ mom, dad, can we talk? sure. what's up, son? i can't be your it guy anymore. what? you guys have xfinity. you can do this. what's a good wifi password, mom? you still have to visit us. i will. no. make that the password: "you_stillóhave_toóvisit_us." that's a good one. seems a bit long, but okay... set a memorable wifi password with xfinity my account. one more way comcast is working to fit into your life, not the other way around. >>> i'm mark crumpton, you are watching "bloomberg technology". finding national security, donald trump reluctantly trained a 1.3 spending bill to avert a shutdown.t >> while we are very disappointed in the trillion, no one more than me, because the number is so large. it will start coming down. we had no choice but to fund our military. mark: the president is not happy it the measure because doesn't include protection for dreamer immigrants or provide wall. for the boarder