the same goes for cathay pacific. they go as faras same goes for cathay pacific.as saying that it is a pa rt go as far as saying that it is a part of china. chinese aviation officials sent letters to 36 foreign air carriers earlier this year demanding that they say taipei was not part of taiwan. this goes back toa not part of taiwan. this goes back to a civil war that took place between them. both china and taiwan have been ruled separately but if you tell the chinese they are a separate entity they will come down ha rd separate entity they will come down hard on this. it's also expected united airlines will fall into this category as well as delta. 0ther airlines have done it in the past, including qantas. taiwan officials say they are incredibly disappointed and would like them to reconsider their positions. thank you. asian stocks have made modest gains in wednesday trading, after a batch of generally solid us earnings and news of china's stimulus plans helped drive markets up. beijing on tuesday signalled that it would put money into the to protect itself from

we are watching the north korea side and cathay pacific. reports coming out from the south china morning post saying that internal memos -- they could be leading to more cuts in overseas jobs, according to that internal memo telling staff to ,repare for this restructuring 600we have cut about jobs in the last year or so. it is a struggling time when it comes to the airline to bring the company back into profitability. it looks to be set for as many as 100 bases outside of hong kong that will be affected as it looks to compensate for two years of back-to-back losses. we will continue to follow the lighter cathay pacific. jessica summers joins us from new york. hey. jessica: commerce secretary wilbur ross says negotiations with mexico are going well and may be close to wrapping up. he has wasted no time appointing a new trade team before he takes office in december. president trump indicated he may pursue a bilateral deal with mexico before separate negotiations with canada. terman who popularized the new normal size the u.s. is the first eco

andican airlines, delta, cathay pacific have become the latest carriers to change how they s tvicewan, reflecting direct pressure from beijing. they removes referen to taiwan as anything but chinese territory on their website. taiwan hasg been self rulin since 1949. beatles legend paul mccartney has reenacted the famousabbey ro" album cover ahead of the 49th anniversary. sir paul posted a video to his instagram account showing fans cheering as he walked across the iconicrossing. early projections in pakistan's rmneral election suggest international cricketer imran khan is likely to become the country's new leader a campaignght against corruption after former prime minister nawaz sharif was jailed for fraud. opponents have rejected the projections, saying the process is rigged. from islamabad, here is our correspondent. reporter: celebration by imran khan supporters as the results roll in.oo it l increasingly likely that the former cricketing star will be pakistan's next prime minister ptier,ink the hard work of the meof pti, definitely the biggest political force in the country, has p

and american airlines and cathay pacific have become the latest carriers to change how they refer to5july as a deadline for companies and airlines to remove references to taiwan as anything but a chinese territory on their websites. ‘s taiwan has been self—ruling since 19a9 but china regards it as a breakaway province to be one day reunited. before we go, what are the markets thinking about today? top level talks between the usa and the european union on resolving the trade dispute, that's got the intention of the investors. brent crude oil prices up, following results showing a decline in us crude inventories. and glaxo smith kline may announce results for the second quarter, sales flat, profits are up to 6a0 million pounds. there we re are up to 6a0 million pounds. there were losses in the same period one year earlier. they've announced a major restructuring programme, in an effort to bolster research spending. so keep an eye on that. more business news throughout this afternoon. ben. thank you rachel. looking back on old photos of loved ones we've lost can be hard, but a new proje

we are talking about delta airlines, american, and cathay pacific, the hong kong airline as well, andine but other airlines including british airways, the fans, they have changed their website in past couple of weeks. they have watched the market closely watched what demands china has made of other companies will stop gap fell foul of chinese authorities for their t—shirt design that did not reflect the way that china wanted taiwan to be perceived, and mariette fell foul of chinese authorities were not lifting taiwan in what —— not listing taiwan in the proper manner. paul, what is going on with the cheering in the background? there is a big ipo involving a clean energy company today, that is why there are a lot more people around in this life position, that is why uses people moving through the friend this morning. well handled. we will speak to you again tomorrow, thank you. itv, good figures. profits up, reve nu es itv, good figures. profits up, revenues up, itv, good figures. profits up, revenues up, £265 million up from 259, revenues at 8% porte £1.5 billion, advertising sales up

pacific may cut jobs in its latest attempt to get back to profit. the carrier is discussing the consolidation of overseas sales, marketing freight and airport operations. cathay 100,000 workers employed away from hong kong. ramy: goldman sachs says customer enthusiasm for tess la's model 3 may be waning the bank says key areas of second quarter results are the sustainability of model 3 production at 5,000 a week, mo ten rble for margin improvements and the amount of cash tess la is burning. and they expect a second quarter loss of $3 a share. haidi: they'll decide soon on a new plant in china as it pursues a goal of expanding sales there by 2022. the first step would be to add capacity in existing operations before any decision is made. in february, they had a plan to spend $9 billion to become the biggest global maker of electric cars in china. thank you for joining us on "day break australia." yvonne will be up next request "day break asia." >> i think there's a big decision happening in a couple of hours. the b.o.j., we overheard kathleen hayes, the countdown to the big decision coming through. probably the most interesting one we've seen for some time for