—— garuda. the cancellation of its 737 max orders? -- garuda.aruda. i think the cancellation is a little bit premature. it is a lot to work out how it will go through. i suspect the order will get switched into either another aircraft or they may pushit either another aircraft or they may push it further down the line and delay that for some time. the reader has had its own financial issues in the last year or two and they have already delayed delivery of most of their 737 max aeroplanes. it is very expensive to cancel these orders. their 737 max aeroplanes. it is very expensive to cancel these ordersm other business news, making headlines, a fresh round of trade negotiations between the well‘s two biggest economies takes place today. robert lighthizer and treasury secretary steve mnuchin have travelled to beijing for the negotiations. next week the chinese vice premier and chief negotiator are set to make the return trip to washington, dc. from the mid—19 90s onwards, london's so the house has helped property does make popular make popular priv

indonesia's national carrier garuda says it has asked to cancel a multi billion dollar order for 49 boeing37 max eight jets following the two crashes involving the plane. the european markets have opened and its looking mixed. google has announced it'sjumping into the lucrative gaming market. we'll be joined by our tech guru rory cellanjones to talk through those stories. also today as uk mps prepare to debate the gender price gap, known as the ‘pink tax', on women's toiletries, we want to know whether you think women's products should cost more? let us knowjust use the hashtag bbcbizlive. welcome to the programme. we start with brexit because as you've been hearing the european union has agreed to delay britain's departure date for at least two weeks. the agreement removes the risk of a no deal exit next friday night which is a prospect that saw the pound have worst day this year. it provoked an increasingly panicked response from business. firms across europe have warned neither the uk nor the eu are ready for a no—deal brexit, according to a letter seen by bbc newsnight. uk business lea

garuda a spokesman said they sent a letter cancelling the order.ence in the plane. the company says it may also change the 737 max ordered to another type of boeing jack. —— jet. october last year, lying on and crashed into the java sea and the same plane model operated by ethiopian airlines. none of the 157 on board that fights survived. investigators suspect a malfunction in the flight control system being a contributing factor to both these crashes. thank you. now let's brief you on some other business stories: ride—hailing firm uber will list on the new york stock exchange, according to reports, in one of the most anticipated stock debuts of the year. it comes as smaller taxi app rival lyft prepares to list on the nasdaq exchange, which is dominated by tech firms such as google, apple and facebook. uber is expected to launch its initial public offering in april and may be valued as high as $120 billion. britain's tate galleries have joined the national portrait gallery in refusing further donations from the wealthy sackler family, whose company

and it's from m garuda and boeog aree p plans to meet next week n jakarta to discuss the next steps. turning now to the markets which are seeing heavy losses very rough day so far on wall street. the dow down about 1% to give a bit more -- 1% as we can see right now boeing shares falling nearly 2% on that news out of indonesia. nike to sing loss of more than 6% after disappointing sales figures. also a gloomy picture in europe as well the worst day of twenty ninineteen as you can see down . investors reacting to poor manunufacturing data out of germany seenn as a potential sin of a blooming g global slowdown. closely watched survey found the company from the sector cocontracting for a third strait month in in germany there. meanwhile the pound is gainined. about three quarters of a percent against the dollar i comes after eve leaders agreed to a two week extension of the deadline for brexit the pounded plunged yesterday before that extension was granted. next up general motors is nothing new investment in the united states despite undergoing a major restructuring. comes days after th

aviation authority said the suspension will not only affect still care, china southern airlines, garudaesia, shandong airlines, and thailand's lion air. the grounding will impact flight lion air. the grounding will impact flight schedules. according to travel agents, they are scrambling to rebook their clients on other flights admits there is very short notice from singapore's aviation regulator. indonesia, on monday, already ordered airlines to ground the aircraft. tainah‘s aviation regulator ordered domestic carriers to suspend flights of the model. —— china. and there are more than 90 planes operating from the mainland. ethiopian airlines and came airlines have grounded the aircraft. several north american carriers have said they are monitoring the ongoing investigation. and according to boeing's website, 16 airlines have taken delivery of the 737 max 8, including air italy and india's spicejet. including air italy and india's spice jet. in the meantime, boeing has announced some modifications of this plane. that is right. several months ago they have said that they would be deploying

. >>> se acumule lblemos dcinco m dejaro uno de ellos fue en indonesiay ahora garuda la mayor aerolÍneaelo que investigadores federales boing averiguan si entregÓ informacio falsa a sus clientes sobre este modelo 73 y al regresar en noticias te telemundo cada viaje es un riesgo para los usuarios del transporte pÚblico en mÉxico. este microbÚs lo atacaron con una granad violentas golpizas y chÓferes alcoholizados obligan a reforzar la seguridad en las playas y calles de miami braeach durantee spring break nes tirando ♪ ♪ pinta sensual el acondicionador dove intensive repair prueba que sí. le aplicamos dove a una brocha, ... ...y las expusimos ... ... a condiciones que causan daño. ♪ después del daño, ... ... la diferencia es clara. la brocha tratada con dove está visiblemente más suave... ... y protegida contra el daño. acondicionador dove intensive repair. para un cabello 100% hermoso y suave. porque un acondicionador no es para todo tipo de cabello. acondicionadores dove ultra-care. [cof cof] ♪ ♪ la mejor forma de empezar el día tiene un nuevo nombre: wild west omelette y es de denny's

garuda air appears to be trying to negotiate to avoid a cancelation penalty on the $5 billion deal. meanwhile, abc news has learned boeing's software update is expected to certified by the faa early next week. in the first max crash, an improperly installed sensor provided bad data. the one sensor triggering the jet's nose down 21 times. boeing's fix? rely on both sensors, initiate a dive only once and the angle of that dive will be less. >> you need a system that provides additional protections, provides additional information so that these two accidents don't happen again. >> reporter: it's now been five full days since the ethiopians received the data from the black boxes from the second crash, but still no indication of the cause. >> in 2010 the ethiopians tried to manipulate the mishap data from a 737 crash. there's a real fear here that they're gog nd do at again with this mishap. >> we've learned that boeing has invited airlines to its seattle area plant this weekend to talk about this software update and training and that american airline pilots will be in the simulator to t

the indonesian airline, garuda, says it wants to cancel a multi—billion dollar order for boeing 737 max in the plane after it was involved in two crashes, one in indonesia, which killed more than 300 people. it's the first known request to cancel an order for the aircaft which is currently grounded worldwide. up until last night we all assumed there would be one week to go until the uk leaves the eu. now it's three weeks or maybe nine — so a little more breathing space for businesses wondering what kind of brexit to expect. all day today we're talking to regional business voices to get an idea of how they are feeling and what the uncertainty means at a more local level. phil smith is managing director at business west which supports entrepreneurs in bristol, bath, gloucestershire and swindon. are you prepared for a no—deal brexit? absolutely not. that is the last thing we want. that would be disaster, i'm afraid. in terms of brexit, are you... what preparations are you making? we still have some and answer questions. we have members around here that do not know what regulations we would

wants to scrap a nearly $5 billion deal, which would have gotten him 49 boeing max 8 jets garuda is the first major airline to cancel its boeing order following two deadly plane crashes within the past five months there are reports that garuda may change its order to another type of boeing aircraft, though, and reuters is reporting that american airlines pilots are expected to test boeing 737 max. that software fix we're talking about on simulators this weekend, the company has been working on a software upgrade for an anti-stall system right now the shares of boeing are unchanged if they're trading. it looks like they are later in the show we're going to speak with a consumer advocate ralph nader who is taking on boeing. >> previous to that they said that they had been fully trained. and then they didn't say that they hadn't been trained yesterday, but they also didn't dispute they hadn't been trading. >> the journal piece back in december said they hadn't needed as much of the training. >> who is that >> the "wall street journal" back in december >> reported who didn't need as muc

garuda is the first airline to cancel its order following two deadly plane crashes within the last fiveths boeing shares are pretty much unchanged. nike reporting an earnings beat, but the stock is deep in the red this morning sales in north korea came in weaker than expected as fewer people bought converse branded stuff. >> china earned its 19th consecutive quarter of high quality double digit growth. as a chinese consumer increasingly makes sport a part of their daily lives >> nike shares are down about 4.5% a double win for the new york stock exchange reuters is reporting that both uber and pinterest will i list their upcoming ipo's at the nyse cnbc asked stacy cunningham about those, and here's what she had to say >> we're excited about what's coming we're excited about levy's today and what's -- >> are you going to get uber >> you know i'm not going to answer questions about specific questions. >> you missed out on one of them it would be disappointing to miss out on two. >> when you look at the large companies that value the market model that we saw today, all those traders out th

. >>> indonesia's airline garuda has canceled its nearly $5 billion order for 49 boeing max 8 jets.t says passengers have lost all confidence to fly in that plane. two max 8s, as you'll remember, crashed five months apart. "the new york times" reports they lacked two safety features that were sold as extras. >>> it's all up to the uk parliament yet again. the european union has thrown theresa may one last lifeline and agreed to a xwrex-it extension. but it comes with strings attached this time. if british lawmakers approve the prime minister's divorce bill, the uk leaves the eu on may 22nd. but if it once again fails, parliament then and the uk has until april 12th to figure out what happens next. >> well, what this means in practice is until that date all options will remain open. and the cliff edge date will be delayed. the uk government will still have a choice of a deal, no deal, a long extension or revoking article 50. >> and you will remember, article 50 is the clause to leave the eu, and revoking it would essentially prevent brexit. miss may says she has no intention of stopp

boeing stock specifically is down by almost 2% right now on news that indonesia airline garuda planso snow is el an order for 49 of the boeing 747 jets. it is the first airline to publicly announce plans to scrap an order since the world's entire neat of 737 max planes was grounded last week after the ethiopian airlines crash that killed 157 people. another crash of a lion air jet back in october killed all 189 passengers and crew. the airline says the decision to canel the order was because of consumers' low confidence in the airplane following the crashes. >>> at home, a lawmaker from southern california is trying to ban cell phones in schools across our state. the assembly man from los angeles county says that cell phone are a big distraction. he has introduced a bill that would ban or limit the use of cell phones on school grounds. if approved, it would be up to schools to come up with consequences for those who break the policy. >>> if you typically wait for a huge jackpot before you try your luck in the lottery, your wait is over. the powerball jackpot for tomorrow night's draw

interestingly, we heard that garuda formally scrapped the 737 max planes, saying that they lost trustt. it is a very sensitive topic in indonesia. wentis where the model down in october. we also have an airline digging for narrowbody jets. -- picking airbus for narrowbody jets. >> what about the upgrade of the software? where are we on that upgrade? angus: that should be submitted to the faa -- the u.s. regulator by the end of this week. it went under several tests, even before the ethiopian crash. that patch should be on board by the end of the week and then we will defer the tests and approval. it is not clear if that will be enough to get the fleet back up in the air. thank you for that. >> let's check the latest business flash headlines. -- moneylaundry money laundering scandal has claimed another victim. this lender was used to launder millions of russian dollars on her watch. three topic investors say they in bonnesen.ce ,> this was a 1% increase boosted by china's stimulus. nearly $45rising billion. -- two nearly $45 billion. ccb posted a 5% increase in profits on wednesday. >>

indonesia‘s national carrier garuda says it has asked to cancel a multi billion dollar

the indonesian airline, garuda says it wants to cancel a multi—billion dollar order for boeing 737 maxdonesia, which killed more than 300 people. it's the first known request to cancel an order for the aircaft which is currently grounded worldwide. sainsbury‘s and asda are offering more and more to keep the competitioon authorities happy — will it work? it looks like no. they are prepared to close its doors, slash profit margins on petrol. they are going to basically reduce the amount of exposure they have across the country. however, what the competition authorities have been saying is 629, i think is the number, of the locations they have found that it's going to be a reduction in competition. many people say, we've got many coming into the markets, all these players, it isa into the markets, all these players, it is a matter if we have one less by convening asda and sainsbury. the competition authority as audi and little, they are competitive but they are much smaller in what they offer. the only offer 2000 lines each. sainsbury and asda have 20,000, that's how much the average stor

the indonesian airline, garuda, says it wants cancel a multi—billion dollar order for boeing 737 maxwo crashes, which killed more than 300 people, including one involving another indonesian airline. it's the first known request to cancel an order for the aircaft which remains grounded while regulators carry out an investigation. up until last night, we all assumed there would be one week to go until the uk leaves the eu, that has changed now and the brexit uncertainty is continuing. so, how are businesses across the country feeling about the next two weeks? all day today, we ll be talking to regional business voices to get an idea of how they are feeling and what the uncertainty means at a more local level. louise stewart, is from the federation of small businesses south east. first of all, i know you talk to businesses day in day out, how are they all feeling about the latest in they all feeling about the latest in the brexit saga, the latest delay we are now seeing happening?” the brexit saga, the latest delay we are now seeing happening? i think they are feeling that we are facing