reuters reports carmakers including renault, jaguar, land rover have made more than $1 billion with the help of pricing software. paperwork filed in a european court case suggests costs are in part based on consumer perception of what the items should cost. it keeps costs under control and parts available. the french government did not find reason to open an investigation. >> there was such a fervor. >> about 450,000. >> and they're well behind. >> way behind. >> thanks very much. >>> all right, the fires didn't help the smoggy conditions around the bay. cameras caught the haze in frn sasccian and a little bit i sandhya? >> i don't think so. the wind is reayll we are

amy cole has the latest from jaguar land rover in solihull. ssibly not as dire as it sounds. jlr which is owned by the indian group tata says it is moving production so its factory in slovakia but says it remains committed to the uk and will be refitting the plant here in solihull so it can make a new generation of range rover models and it will be pumping in a lot of investment. we are not sure of the figure exactly, but we know it will run-in figure exactly, but we know it will run—in to hundreds of millions of pounds. so when the factory is up to speed it will be able to make new range rover and range rover sport ca rs range rover and range rover sport cars that are electric and hybrid, as well as the classic petrol and diesel version, and the company has previously said that all its cars would be available in either electric, hybrid, petrol or diesel from 2020. but what this means is there will be some job losses, and they will affect agency staff. they will lose theirjobs for the interim period, that is why production is being moved to slo

what we're seeing really is jaguar land rover trying to sort of diversifying the options it has for whereland rover models, the discovery, to its slovakian plant. now, obviously, that is potentially bad news for a lot of its workers, but what it is pledging to do is to reinvest in the plant in the uk and to tool it up for the future, as you say, for electric models and models but should provide a brighter future for the company. and it is also pledging that its other uk plant will get similar levels of investment in the very short—term, and jobs will be protected there as a result that, of course. it is, on one side, good news, as you say. and on one side, particularly for the workers affected, very troubling. i think what we have to look at is the longer term effect of this, whether this is the start of a trend. the slovakian plant is known to be cheaper in terms of the labour costs and producing vehicles and, of course, brexit presents a huge threat to uk manufacturing, car manufacturing. it adds massive complexity at a time when it's under pressure, and that could become long—term tren

what jaguar land rover is doing in the long—term is possibly not as tight it sounds. here in solihull moors so that it can make a new generation of range rover models. it‘ll be pumping in a lot of investment. we‘re not sure of the figure exactly but we know it‘ll run into hundreds of millions of pounds. so, when the factory is up to speed, it‘ll be able to make new range rover and range rover sport cars that are electric and hybrid, as well as the classic petrol and diesel versions. and the company has previously said all its cars would be available in either electric, hybrid or petrol or diesel, from 2020. what this means is there will be somejob losses 2020. what this means is there will be some job losses and it‘ll affect agency staff. they will lose their jobs for the interim period, while production is being moved to slovakia, but once this factory‘s back up and running and can make those electric and hybrid cars, they will be taking on staff again. what the company says is the potential job losses of some agency employed staff in the uk is a tough one but forms p

jaguar land rover has said it's moving production of its discovery model from birmingham to slovakiage rover models, but warned there may be some job losses in the uk. passengers affected by delays and cancellations on northern rail services are to be offered compensation of up to a month's travel. an inquiry has been ordered by the government into what's been described as unacceptable disruption following the introduction of new timetables three weeks ago. a man has been found guilty of kidnapping a 20—year—old british model, chloe ayling, and holding her captive for six days in italy. a polish national, who lives in the uk, was sentenced at a court in milan to 16 years and nine months in prison. the court heard how the 13—year—old had pretended to be a photographer when he approached her. her said the model feels vindicated by the decision. that's a summary of the news, newsday is coming up at midnight. now on bbc news it's time for newsnight. is this how the korean warfinally ends? in a flurry of flash photography? in three and a half hours' time, two of the biggest showmen on ear

reuters reports carmakers including renault, jaguar, land rover have made more than $1 billion with the pricing software. paperwork filed in a european court case suggests costs are in part based on consumer perception of what the items should cost. it keeps costs under control and parts available. the french government did not find reason to open an investigation. >> there was such a fervor. >> about 450,000. >> and they're well behind. >> way behind. >> thanks very much. >>> all right, the fires didn't help the smoggy conditions around the bay. cameras caught the haze in frn sasccian and a little bit i sandhya? >> i don't think so. the wind is reayll we are expecting an improvement. just take a look at the next five days and it looks good all the way across. what's s we had one system come through that started the cooling process. it will enhance the marine layer and take our temperatures down. you will notice it if you're not yet. look at the wind gusting tosfo now. it's already started, like i said, the cooling process. down 15 degrees. the good news is it is going to continue the n

no diesel is still here as a matter of fact jaguar land rover is a full lineup of diesel products and i'm actually testing a jaguar f. pace diesel right now which i totally love general motors has got a full lineup of diesels coming in mazda's got diesel coming in. diesel coming in so and diesel trucks are very popular as well and the smaller the f one fifty in the ram and the chevy silverado so i don't believe that diesel is going to go away i think the answer is going to be mixture of solutions to paint on where you live i just drove the jaguar i place which is all plug in doesn't make sense in the middle of the country and may make sense on the edges of the country where there's an infrastructure so again it depends on your needs your driving style and of course there's a cost involved too and then we don't know the impact to the environment down the road some people just don't want them to go lauren we reported recently on how a c.e.o. that you love to hate maybe i should say to you on must that has flamed i don't know one person i know i'm talking in cheek but he reported about h

having said that, what jaguar land rover are saying is that we should think of it as clearing the wayit represents a big investment in the plant. having said that, their language is saying, the losses of the agency staff is tough but forms part of their long—term manufacturing strategy as they transform the business globally and thatis transform the business globally and that is quite important because it means that rubber band it being this west midlands —based champion british engineering, it is now a truly global business and it means that sometimes they can move the pieces on the chessboard as their business needs change. that is what we're looking at. and the production lines are getting more modern and robotic fewer people as well.“ lines are getting more modern and robotic fewer people as well. if you we re robotic fewer people as well. if you were to ask the business secretary, andi were to ask the business secretary, and i called him to ask if it was good or bad news, he would say that what the uk has been tried to do is make it is the best raqqa centre of excellence for thin

jaguar land rover has said it's moving production of its discovery model from birmingham to slovakiamodels but warned there may be somejob losses in the uk. passengers affected by delays and cancellations on northern rail services are to be offered compensation of up to a month's travel. an inquiry has been ordered by the government into what's been described as unacceptable disruption, following the introduction of new timetables three weeks ago. the discount retailer poundworld has gone into administration, putting more than 5,000 jobs at risk across the uk. administrators are trying to find a buyer for its 335 stores. poundworld becomes the latest retail chain to suffer on the high street, as our correspondent danny savage reports. poundworld started life as a market stall here in wakefield. the market is now a smart shopping centre, but people here are still fans of the brand. a lot of people use it, especially people on lower incomes. there's always queues in it, and i do go in occasionally, i must admit, and i think a lot of people will miss it. this is just one of the 335 stor

caroline: jaguar, land rover, unilever, making their headquarters in the netherlands instead of the u.khe impact this could have. ever has 14,000 jobs in the u.k. but the suppliers with a lot more jobs. jobs buta matter of how seamless the operation is to airbus operates on a just in time schedule which means the parts they get to bill aircrafts are delivered -- bill the aircrafts are delivered just-in-time. if there are any disruptions from customs, border security, anything, that would severely disrupt them. for every one week of delay, that cost them one billion euros in revenue. they are estimating several weeks and that is one week. additionally billions lost. and the implication for late deliveries, deliver them to airline customers, they have penalties. it is a very significant issue for airbus. theresa may has not had the clarity they want to see. caroline: this is where the corporate indications become real. thank you. that was ben katz. stock of the hour. vonnie: red hat, shares plunging. on pace for its worst day since 2016 after reporting quarterly results. abigail doolittle

what we are seeing is jaguar land rover diversifying where it makes cars. protected because of that. is it something to worry about? potentially. at the moment it is almost good news. but it is troubling for some of the workers. we have to look at the long—term effect, whether it is the start of a trend. the slovakian plant is known to be cheaper. brexit present the huge threat to car manufacturing in the uk, adding massive complexity at a time when it is under pressure. it could be a long—term trend. a time when it is under pressure. it could be a long-term trend. what does this tell us about the uk car industry as a whole? i think what we have seen is the uk car industry booming a few years ago. it was on track to reach record levels of production. that has come to a shuddering halt. the diesel crisis has affected it. the threatened implications of brexit are concerning the industry. whatever side you sit on, many have yet to see the upside to manufacturing. it is troubling times for them. they worked ten years ahead. these are massive parts that require

and it's more acute that the jaguar land rover model will be made elsee. and i wano put on record, mr. speaker, my thanks to the spanish governm and pme minister pedro sanchez, which has humanit and accepted the rescueship. i welcome the prime minister raising the issue of on-line abuse and harassment of women and girls as a global problem, but will she today commit to immediately having political negotiations in northern ireland to bring forth legislation to end abortion rightsnd what the united nations denounced as a vinyl human stands. and the prime minister's so-called wafer fails for the rh. nothino tace deadl lels of air pollution in our city or the disgracefully low levels of recycling in this country. we can only much go abroad if we spoke with respect and without double standards. so i go to the pri minis he fin sales to saudi arabia. mr. speaker, with a more unilateral united states government. it's more importan work with our allies based on social justice, equality and human rights. >> thank you, thank you, mr. speaker. the right honorable gent

that concern must be even more acute in the light of the announcement by jaguar land rover that the production the discovery model will be made in well she was at the g7, did the prime minister raise with european leaders the crisis of the aquarius ship, which the italian government refused to allow tho dock? >> i want to put on record my thanks to the spanish government, which has shown humanity and accepted the rescue ship. i rock on the prime minister raising the issue of online abuse and the harassment of women and girls as a global problem, but will she commit to immediately begin negotiations with political parties in northern ireland to bring forward legislation to extend abortion rights and end what the united nations has denounced as a violation of international human rights standards? on the environment, the prime minister's wafer thin national plan fails to match her rhetoric on the global stage. nothing to tackle deadly levels of air pollution or the disgracefully low levels of recycling in this country. we can only ever be taken seriously abroad if we speak from a position of mora

the court has now ruled. james reynolds, bbc news, milan. jaguar land rover has said it's moving production but warns there may be some job losses in the uk. the budget retailer poundworld has gone into administration putting more than 5 thousand jobs at risk. the company which has 335 stores around the uk made the move after the latest talks broke down. it's the latest high street casualty this year. so far more than 20 thousand high streetjobs are either going or are on the line as some of the big names struggle. our business correspondent emma simpson has more. stack it high and sell it for a pound. it has been a winning formula. chains like this one soared in popularity since the recession. but even the discount end of retail is not immune from the problems gripping this industry. poundworld collapsed this morning. i am disappointed. i get a lot of little bits and bobs in there. and i love it. really sad to see it go because we have got nothing else in town here. we've got no shops at all, have we? no. the problem is in the title. poundworld buys most of its goods in dollars. so, with t

in turn could lead to the americans imposing tariffs on european cars, which could include jaguar and land rover of a global trade war could intensify even further this week if trade talks between the us and china break down and tit—for—tat barriers are applied to products between the world's two largest economies. next week these finance ministers' bosses, the presidents and prime ministers, will try to paper over the cracks, but short of a change of heart from president trump, that meeting will doubtless highlight us isolation on this issue. joe lynam, bbc news. doctors say thousands of women with early stage breast cancer could be spared chemotherapy. it follows trials of a genetic test that analyses how dangerous a woman's tumour is. the findings have been presented at the world's biggest meeting of cancer doctors and scientists in chicago. they are expected to change practise in clinics, including across the uk, immediately. well, we can speak now to dr alistair ring, who's a consultant in medical oncology at the royal marsden nhs foundation trust. he's attending that conference in chicago

in turn could lead to the americans imposing tariffs on european cars, which could include jaguar and land roverr this week if trade talks between the us and china break down and tit—for—tat barriers are applied to products between the world's two largest economies. next week these finance ministers' bosses, the presidents and prime ministers, will try to paper over the cracks, but short of a change of heart from president trump, that meeting will doubtless highlight us isolation on this issue. joe lynam, bbc news. many churchgoers will have received an unusual sermon this morning , the church of england and the catholic church are launching a campaign to help police tackle modern slavery at car washes. worshippers will be taught how to spot signs that workers might be exploited, and how report suspicions on a new mobile phone app. jeremy ball reports. a clean car at a cheap price, but is that costing someone's freedom? thousands of hand car washes have been set up in the last few years, and while many are legitimate, some workers are being exploited, abused and trapped by threats or debts. i've

in turn could lead to the americans imposing tariffs on european cars, which could include jaguar and land roverobal trade war could intensify even further this week if trade talks between the us and china break down and tit—for—tat barriers are applied to products between the world's two largest economies. next week the g7 presidents and prime ministers will try to paper over the cracks, but short of a change of heart from president trump, that meeting will doubtless highlight us isolation on this issue. joe lynam, bbc news. there have been violent clashes across jordan in a third night of protests against proposed income tax increases and price hikes in the shops. protestors are calling for the dismissal of the prime minister. the government says the rises are a necessary condition of a loan from the international monetary fund to bail out the country's faltering economy. many churchgoers will have received an unusual sermon this morning about bringing to bear their christian values when they get their cars washed. the church of england and the catholic church say many workers at car washes in

jaguar land rover is racing to catch up abide, saying to make a soon.roduces a gasoline powered compact suv with a local partner in china. more details on its ev plans will be disclosed within a year. kathleen: elon musk is pushing back. in a knee mail to tesla employees, he shared a link to a goldman report saying only 22,000 model 3's will be delivered this quarter. he wrote they are in for a reawakening. he also included a smiley face emoji. tracker has production at over 27,000 units. next, toyota warns its american customers it will have to pass on the cost of president trump's tariffs. details ahead. this is bloomberg. ♪ ♪ 8:30 in a sunny singapore. kathleen: you are watching daybreak asia. breaking news from xiaomi. terms in a statement, they mentioned their ipo, the biggest we have seen in almost two years. wellsay the ipo is oversubscribed, but their ipo order book continues to build, and the ipo price guidance will follow later. of course, there is a lot of talk about the timing of this ipo, given the volatility we have seen in chinese markets

jaguar land rover is probably the biggest employer and they offer a lot of apprenticeships to young peopleke no secret of the fa ct jobs but they make no secret of the fact that they wanted us to remain in the european union and they have appealed for tariffs to be waved as they go forward in the process and even on the record it says that if there is nothing needed from the brexit process they cannot expand in the country and that will have a knock—on effect for young people in the city and beyond. are you finding optimism or pessimism from young people in coventry? it is a mix. we get a lot of debate when it comes to brexit and when we put articles out around the issues and what we find from young people in particular is frustration with the way things are going. for them it's frustration with the way things are going. forthem it's a particular worry about this part of their lives and they want to know that there will be jobs for them and we re ce ntly will be jobs for them and we recently did a survey to see if opinions had changed in coventry since the vote and we found that 60% of peo

in turn could lead to the americans imposing tariffs on european cars, which could include jaguar and land rovereek if trade talks between the us and china break down and tit—for—tat barriers are applied to products between the world's two largest economies. next week these finance ministers' bosses, the presidents and prime ministers, will try to paper over the cracks, but short of a change of heart from president trump, that meeting will doubtless highlight us isolation on this issue. joe lynam, bbc news. the government has confirmed that it intends to launch a free website for schools in england to advertise teacher vacancies later this year. the department for education says it hopes the measure will help schools to save money, as andy moore reports. it is estimated english schools spend about £75 million every year recruiting staff. later this year the government hopes to roll out a service that will be free to schools. it will advertise part—time jobs and job shares, as well as full—time vacancies. another issue for schools is the cost of supply teachers. every time there is a hole in the

enough as well because there's been some bad news in the last week and jobs will be lost at jaguar/land rovercking up tech jobs as well and the fact is despite the fact we've got brexit ongoing and huge, tumultuous scenes just a few yards from where i am in westminster, others such as emmanuel macron of france are trying to attract the same kind of talent. ibm, microsoft and in paris for a big tech hub there the prime ministers in a big fight to prove those big tech companies want to be here. >> big, big interview, steve thank you for that pound down four days in a row. inflation tough to get over there. longest losing streak in a month. >> sedgwick does great stuff he's a staple. he's terrific. >>> we'll get stop trading with jim in a minute. dow is up 16 at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, only pay $4.95. fidelity. open an account today. only pay $4.95. that's confident. but it's not kayak confident. kayak searches hundreds of travel and airline sites to find the best flight for me. so i'm more than confident. how's you

jaguar land rover is building an electric vehicle in china.looking to manufacture a similar model to the gas powered compact suv, which it manufactures with a chinese partner. a company executives has details will be disclosed within a year. that is your bloomberg business flash. francine: let's talk japan. today we heard from the bank of japan deputy governor saying he was paying close attention to the downside of the stimulus five years after aggressive monetary policy that is struggling to hold inflation and even half of the targeted rate. let's get back to richard lacaille of global straight street advisors -- global state street advisors. you worry about the side effects of all this extra stimulus in japan? richard: not only in japan but elsewhere. you cannot s all of the constraints and meet the executive. the side effects are a trade-off that is not been made deliberately. it is important to knowledge the trade-off and side effects rather than ignore them. what have you learned from the what have youne: learned from the japan incident o

in turn could lead to the americans imposing tariffs on european cars, which could include jaguar and land roverat of a global trade war could intensify even further this week if trade talks between the us and china break down and tit—for—tat barriers are applied to products between the world's two largest economies. next week these finance ministers‘ bosses, the presidents and prime ministers, will try to paper over the cracks, but short of a change of heart from president trump, that meeting will doubtless highlight us isolation on this issue. joe lynam, bbc news. you can see more on all of today's stories on the bbc news channel. this is bbc news, our latest headlines. a memorial service and a minute's silence have been held to mark the first anniversary of the london bridge terror attack. the home secretary, sajid javid, has said he'll look again at key parts of immigration policy, including foreign students and doctors coming to the uk. doctors say new research means thousands of women with early stage breast cancer could be spared chemotherapy. the church of england and the catholic church

talking about the likes of jaguar land rover, the american market is important. yes.test round of tariffs, but i want to mention that when it comes to the impact of these tariffs there is mixed opinion about who will be paying for them and the way at terror is collected is when something is imported —— the way a tariff is collected is when something is imported to germany, say, the importer has to pay the 25% tariff, at the port, and then it is up tariff, at the port, and then it is up to them to decide whether they can pass the high cost on to consumers and that has to do with the economic environment they are selling in, so there is some solid confusion about whether or not those importers who are selling those motorbikes, for example, will be able to pass on higher costs at a time when it is not clear as to how many people are feeling the global economic recovery, that is what we will be looking for, to see if this is hurting the average consumer. this is all developing as we are on air. markets have not moved a huge amount. dax have come away from its original gam