thousands ofjobs at jaguar land rover are expected to be cut early next year as part of the country ‘weak demand from china and a crackdown on diesel cars and concerns over the impact of brexit has rattled the u k's carmaker. sales in september fell by 13%, with every major region showing a slowdown. let's catch up with our tea m slowdown. let's catch up with our team in india because mastercard has agreed to start deleting data of cardholders from its global service under new regulations issued by the country ‘s central bank. the reserve bank of india now requires payment companies to store all information regarding transactions of indian customers solely on computers with them in the country. for more, i am joined by our indian business reporter. 80s a much forjoining us. has the company set out a date to start deleting data? not until now because according to reports, mastercard has proposed a certain date to the indian central bank, saying they will start deleting indian customers data from the other service and the global service, until now, the date has not been specified in the

thousands ofjobs at jaguar land rover are expected to be cut early next year as part of the company'slan. weak demand from china, a crackdown on diesel cars and concerns over the impact of brexit have rattled the uk's largest carmaker. sales in the three months to september fell by 13%, with every major region — uk, us, china and europe showing a slowdown. workers on zero—hour contracts, agency employees or "gig economy" workers are to be better protected by a package of workplace reforms, the uk government says. under new legislation to be introduced today, staff would have to be told details of their rights from their first day in a job, including eligibility for paid and sick leave. workers would also be given the right to request more predictable hours. unions say the planned reforms do not go far enough. italy will trim its deficit target for next year in its latest budget proposal, according to the ansa news agency. this is to avoid eu sanctions for violating budget rules. deputy prime minister matteo salvini said sunday night that "the budget was now within limits that should p

jaguar land rover is owned by india.g stocks will be the best-performing asset class next year. that is according to a new poll from citigroup. citigroup says preference make sense if you anticipate a weaker dollar. the asian stocks beat out u.s. equities as the most favored market. that is the business flash. francine: thank you. filed criminal charges against units of goldman sachs involved in what it said was false statements made in sales.n to 1mdb bond goldman sachs said it will defend against charges. the bank shares are down in premarket trading. joining us now is the kuala lumpur bureau chief. how bad can the charges be? the amount that the fines can amount to our large. the fines are large but there is also the risk of reputational damage to goldman. we spoke to one lawyer who said the risk is to the financial standing of goldman as an institution in the eyes of regulators worldwide. the in malaysia has been hard. he said goldman has fallen short of any standard. he has gone against goldman in terms of the stand

plant in oxford for a month following brags that it's all the same for british comic because jaguar land rover has announced cutbacks and layoffs as a reaction to the expected drop in demand with no deal in sight more businesses will be tempted to move their operations out of britain. while we're on the subject let's bring in our financial correspondent from frankfurt only now swiss bank credit suisse is also advising clients to get out of britain that's hardly a vote of confidence as it. that's true and that is really making waves here credit suisse is not commenting on this report that to be seen in the f.t. and it's spread around through all sorts of other media but apparently after the parliamentary vote in london and westminster on the banks it was postponed because the prime minister didn't want to have it voted on the customers started coming to credit suisse in droves asking that their their money be in some way made safe and that apparently prompted credit suisse to advise its super rich customers it's prime customers to move assets to move money out of the country so that if there is

we asked invictus games athlete jamie weller to try a new car that's under development by jaguar land rover "well, you can't see now, you can't do." those words have always stuck in my head. i always look at things and say, "well, how can i do this?" rather than, "i can't do that, i'm not going to do it." it's about a positive mindset. i've pushed back boundaries in what people can do. i've been to deloitte and became the first blind chartered accountant, which doesn't sound that sexy. and i was in the invictus games in toronto, winning four bronze medals on track. it's a standard range rover sport, that's right. but it's been adapted, and bolted on around the car, you've got various sensors, radars, front and back and these lidar sensors. this is all the car. did that accelerate itself? yes, yes. this is all the car. my first reaction is, it's pretty impressive, actually. now i feel like i'm just in a normal car. obviously, it doesn't feel likejim is driving. i think that technology is just going to get better and grow. is this test being used as part of the research, or is itjust pr? no,

we asked invictus games athlete jamie weller to try a new car that's under development by jaguar land roverdo." those words have always stuck in my head. i always look at things and say, "well, how can i do this?" rather than, "i can't do that, i'm not going to do it." it's about a positive mindset. i've pushed back boundaries in what people can do. i've been to deloitte and became the first blind chartered accountant, which doesn't sound that sexy. and i was in the invictus games in toronto, winning four bronze medals on track. it's a standard range rover sport, that's right. but it's been adapted, and bolted on around the car, you've got various sensors, radars, front and back and these lidar sensors. this is all the car. did that accelerate itself? yes, yes. this is all the car. my first reaction is, it's pretty impressive, actually. now i feel like i'm just in a normal car. obviously, it doesn't feel likejim is driving. i think that technology is just going to get better and grow. is this test being used as part of the research, or is itjust pr? no, this is all research we are gathering

we asked invictus games athlete jamie weller to try a new car that‘s under development by jaguar land roverer than, "i can‘t do that, i‘m not going to do it." it‘s about a positive mindset. i‘ve pushed back boundaries in what people can do. i‘ve been to deloitte and became the first blind chartered accountant, which doesn‘t sound that sexy. and i was in the invictus games in toronto, winning four bronze medals on track. it‘s a standard range rover sport, that‘s right. but it‘s been adapted, and bolted on around the car, you‘ve got various sensors, radars, front and back and these lidar sensors. this is all the car. did that accelerate itself? yes, yes. this is all the car. my first reaction is, it‘s pretty impressive, actually. now i feel like i‘m just in a normal car. obviously, it doesn‘t feel likejim is driving. i think that technology is just going to get better and grow. is this test being used as part of the research, or is itjust pr? no, this is all research we are gathering data. every single run we do. so now cars are coming across in front of us. the car's not reacting, because th

at a plant in oxford for a month following brags that it's all the same for british comic has jaguar land rover has announced cutbacks and layoffs as a reaction to the expected drop in demand. with no deal in sight more businesses will be tempted to move their operations out of britain. and for the very latest developments let's cross over to above a vessel who keeps an eye on the action in london to about saw financial market correspondent in frankfurt sunday with you barbara i know that teresa mayes cabinet is currently discussing a no deal bricks it said not rio what exactly is on the table there. we would like to know about but even minister when they walked into the meeting a good two hours ago didn't see the papers beforehand they did they were just distributed more or less at the door but of course some details are known and they are completely conventional philip hammond the count chancellor of the checker had said that he would release another two billion from the four billion he had said is that inside for those emergency preparations right now and then of course we're talking about m

welcome back britain's largest car maker jaguar land rover is expected to announce in january that five thousand were. will be pushed out of their jobs as part of a plan announced in october to cut roughly two point five billion billion pounds sterling in expenses the car mark the car maker warned in july that brags that related bumps in the road could do an estimated one point two billion pounds of damage to the company's bottom line unite the union representing jaguar workers also cited brags that in their response to the job cuts a unites unite spokesperson said the government's demonization of diesel its botched handling of bragg's that and economic global uncertainty have seriously dented the hard work of britain's car workers and making their industry the jewel in the u.k.'s manufacturing. and the class clown and star students of the union european union's crash course course on budget politics seem to be switching roles in italy as we previewed last week the leaders of the coalition government on sunday confirmed their decision to abandon spending promises and trim their projecte

let's take a look at some of today's other news: jaguar land rover is expected to announce cuts of uphich employs 40,000 people in the uk, has said it won't comment on rumours about how the savings will be made. a 21—year—old man has died afterfalling during a climb on britain's highest mountain, ben nevis. he was flown by coastguard helicopter to hospital in fort william, but died from his injuries. the man's climbing partner also fell but survived, his injuries are not thought to be life threatening. 16 members of the windrush generation, who are believed to have been wrongly detained or deported, have since died. the figures were revealed in an update on the scandal over the immigration status of people who came to britain from the carribean before 1973. the home office has so far spent £6 million correcting mistakes and granted british citizenship to more than 2,800 people. tonight, there's hope for a group of homeless people in hull who had their booking to stay at a hotel over christmas suddenly cancelled. it followed allegations of theft and damage to property, while staying at

jaguar land rover is expected to announce cuts of up to 5,000 jobs in the new year across the uk as partomment on rumours about how the savings will be made. the home secretary has revealed that 16 of the windrush generation — who are believed to have been wrongly detained or deported — have since died. the figures emerged in an update on the scandal over the immigration status of people who came to britain from the carribean before 1973. the home office has so far spent £6 million correcting mistakes and granted british citizenship to more than 2,800 people. south korea has one of the fastest growing online gaming industries in the world. over half the population play games. and when they're not playing, they're watching people play in tournaments where professionals battle it out for big prizes. but this rapid growth comes with its own set of problems — namely addiction, as laura bicker reports from seoul. in south korea, many kids don't want to be sports stars, they want to be professional gamers. they practise for hours in rooms known as pc bangs. the competition is so tough, there i

jaguar land rover is planning to eliminate thousands of jobs, with an announcement expected in the newhe u.k.-based luxury carmaker will impose the cuts as part of a three-year turnaround plan. two months ago, it announced plans to lower cost by 2.5 billion pounds within 18 months. that's your bloomberg business flash. nejra, manus? manus: thank you. we promised you stocks to watch, and this is what we've got for you. on the agenda, the stocks we're focused on as follows. renault, nissan to call urgent shareholder meeting to discuss governance and its indictment of carlos ghosn. then we've got the m&a story we're tracking, abb to hitachi for $11 billion. our reporters are standing by. tokyo in yokohama and covering the stories. let me bring it to you in terms of rental. this -- reynolds -- original -- renault. this is a huge investment. >> for renault, it's a big deal because it has a 43% stake in nissan, its biggest shareholder. for nissan to be indicted the same day as carlos ghosn, and looking like there may be trouble, nissan is looking to set up a government's committee -- governa

at a plant in oxford for a month following brags that it's all the same for british comic or jaguar land roverhas announced cutbacks and layoffs as a reaction to the expected drop in demand with no deal in sight more businesses will be tempted to move their operations out of britain. and france finance minister. has announced a digital tax coming into effect january first paris decided to go it alone as the european union struggles to finalize a new e.u. wide levy france has been driving hard for a so-called gas tax named after google apple facebook and amazon to ensure the global giants play a fair share of taxes on the massive business operations in europe so far in the e.u. law u.s. tech companies can show storyboard their income in any member state prompting them to pick a low tax nations like the netherlands or luxembourg. this news from the aviation sector u.s. plane maker of bowling brazilian based announced a new joint venture was more than five billion dollars boeing said synergies would reduce costs by one hundred fifty million dollars dollars annually. and shot up five percent follo

for a month following brags that it's all the same for british commie is jaguar land rover has announcedcutbacks and layoffs as a reaction to be expected drop in demand with no deal in sight more businesses will be tempted to move their operations out of britain. in their attempts to combat air pollution and slow climate change european ago she enters agree to drastically lower future carbon dioxide emissions of cars and the european union emission levels are to decrease by over a third by the year twenty thirty compared to levels agreed for twenty twenty one dollars and vicious but feasible political leaders say you're being car makers say the target is the target is too much too fast. around fifteen million cars are sold each year in that view they make up a tenth of c o two emissions in the union the stricter carbon dioxide reduction target is aimed at tackling that as well as shifting development of cleaner e-cards and plug in hybrids into high gear but the auto industry is wary a good deal in the regulations we learned of yesterday he said very strict limits and currently we don't k

we asked invictus games athlete jamie weller to try a new car that's under development by jaguar land rovert people can do. i've been to deloitte and became the first blind chartered accountant, which doesn't sound that sexy. and i was in the invictus games in toronto, winning four bronze medals on track. it's a standard range rover sport, that's right. but it's been adapted, and bolted on around the car, you've got various sensors, radars, front and back and these lidar sensors. this is all the car. did that accelerate itself? yes, yes. this is all the car. my first reaction is, it's pretty impressive, actually. now i feel like i'm just in a normal car. obviously, it doesn't feel likejim is driving. i think that technology is just going to get better and grow. is this test being used as part of the research, or is itjust pr? no, this is all research we are gathering data. every single run we do. so now cars are coming across in front of us. the car's not reacting, because they're driving away. exactly. there we go. a bit more. so all of this has been from the learning we've on the roads. i

this is on account of the weakness in jaguar land rover.opinion that this has affected its leverage going forward over the next 12 to 18 months. we have had some positive news. the reports suggest that ceo of the company has told the union of pilots they are likely to see a new investor come on board in the next two to three months, lifting sentiment for jet airways going forward. yvonne: thank you. the joining us with the latest out of mumbai. that is ahead of the rbi decision today. coming up, the battle of the charts. you don't want to miss this one. this is bloomberg. ♪ ♪ go.d: here we it is time for battle of the charts. , they will pick their best charts against one another. yvonne: what are you watching? the 2019 outlook for the emerging markets. there is so much talk about china growth. i looked on the bright side. the leading indicators has been a positive signal for a turnaround in the economy, regardless of what is happening on the trade front. the white line is manufacturing output for china. the leading indicator has turned the

say jaguar land rover will eliminate thousands of jobs with an announcement expected in the new year.will impose cuts as part of a three-year cost-cutting turnaround land. two months ago they announced plans to lower expenditures by $3 billion in 18 months. s&p global rating cut them to junk. into: boeing has launched china. the air china bound jet was finished at the factory but in reality it airs a made in america label, having been flown from seattle. one in four planes boeing built is heading for china. the airlines are the leading buyers of the 737. china is setting targets this week. we will go there with what to expect. this is bloomberg. ♪ omberg. ♪ ♪ there's no place like home ♪ argh! i'm trying... ♪ yippiekiyay. ♪ mom. ♪ 10:30 in sydney, markets trading for 30 minutes locally. taking a look at how we are faring, better than expected outlook in the fiscal outlook from the government today. there were some not quite bright spots, which growth and oil being changed. during a week lead from the friday close, s&p at its lowest level since april as we get through the last trading

jaguar land rover will eliminate thousands of jobs with an announcement expected in the new year.will impose cuts as part of a three-year cost cutting turnaround plan. two months ago, it announced last lower expenditures by $3 billion within 18 months. -- the s&p cut tata motors last month. agreement valuing the entire business at $11 billion. they make transformers, long-distance transmission systems. and it is focused on robotics and automation. look at some of the movers here, watching the likes of china tower. it has been listed in the chinese markets, jumping to the highest since its august listing. the stock became eligible for the mainland-based investors to trade via the shanghai-hong kong link. price target lifted to 160. share prices plunging over 30% in today's. -- in two days. this is bloomberg. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having quest

jaguar land rover could be preparing to cut up to 5,000 jobs in the early part of next year, accordingan group tata motors. the company said it noted the "media speculation" about the potential impact of its ongoing transformation programmes — but said it "does not comment on rumours concerning any part of these plans." our chance to delve a little deeper into some of those stories and we have been reporting into bad times at asos, seen as a big internet retailer success story? yes, really interesting. whenever you talk about the troubles facing retailers, people would often say, "it's because we're not spending on the high street, we're spending online instead , " high street, we're spending online instead," and asos was often cited as one of those examples. but there is now evidence some online retailers are battling with tough trading conditions. their chief executive has said the fashion industry is currently experiencing what he says is in an president level of discounting, but despite cutting prices they are now predicting sales will grow by 15% in this trading year instead of up