on might be worse off than others is a jaguar land rover is pretty much tied to the u.k. and while companies like nissan are leaving and b.m.w. is taking a break that will be very hard for for jaguar land rover to to do and over fifty percent of the u.k.'s car exports still go to the twenty seven countries right now and that is it's a big problem they have to help us if it's thank you so much for this. turning to an of the anniversary iran prepares for celebrations to mark the fourteenth on the surreal the one nine hundred seventy nine revolution and during those four decades the country had to deal with the impact economic sanctions had aimed at forcing it to change its policies hardest hit of course. ordinary citizens report takes us to the country's capital tehran. on a cold february afternoon in downtown tehran the streets are busy. however inside but is a small restaurant it's a different story. the latest round of economic sanctions have had a big effect on the price of chicken has man stepped it costs almost double what it did a few months ago and customers are stay

billion and that's primarily because of an asset impairment for jaguar and that's primarily because of an asset impairment forjaguar land rovergiven by the management after that and i was also in that call did not impress analysts. jaguar land rover is facing for thy call a perfect storm, multiple issues, china, they are suffering because sales of cars are down, china was the main market for them in terms of revenue. it's down by 50%, car sales down. then you see what's happening globally, the shift towards electric vehicles and look atjaguar towards electric vehicles and look at jaguar land rover, most of their vehicles run on diesel and gasoline, that's a problem right there. third, fourth happening in the uk but brexit, the uncertainty around it, that's why there's so much confusion around what will happen with the future of this company and that's why stock has lost almost a third of its value in a single day. thank you. lots up problems for global car—makers at the moment. let's take a look at the wider markets, a little bit of a slide on world markets, forecast out for another growth in europe but hopes receiving for sm

is very important, including the market for jaguar land rover. weaking the model from a wholesale incentive to a retail incentive. they are trying to consolidate retailers there and set up units to revive jaguar land rover in china, but after this one-time impairment, they will be able to start a better way in the market, which is crucial for them. for them, europe is also weighing on them, so it is very important for tata motors to get china back on track. rishaad: thank you so much, sanjay. therefore us in mumbai. it is that time of the day, battle of the charts. energy our reporter and reporter picking the charts against each other. david: you can access those charts on your bloomberg, running the function at the bottom of your screen, gtv . let's kick things off in singapore, dan? talk about the widow maker trading natural gas. this is a volatile spread in american futures between the march and april contract. the end of winter, if american inventories of gas are down, prices will be higher relative to the spring. that is what happened in

the uk's biggest car—maker, jaguar land rover, blamed notjust brexit, but weaker demand from china whenobal slowdown. we've seen weaker growth in china, we've seen a slowdown in germany, italy is in recession. and it's down to a number of factors, in particular trade wars. there's been a slowdown in trade and there are also geopolitical concerns. those are concerns that the bank of england warned ofjust last week. the bank of england has pointed out that the world is moving into a period of slower economic growth. what they're forecasting for the uk next year will still put us ahead of germany, ahead of japan, ahead of italy. and the bank of england confirmed also that there is upside to come for the uk economy if we get a good deal. but their central forecast is for business investment to fall by even more this year, and that's even with a deal. so talking of a dividend is a little bit unrealistic, isn't it? no, i don't think so. i think if we get the right deal, consumers will feel more confident and as consumers recover their confidence, businesses will feel more confident. now on bb

jaguar expected the bank to say or do. let us talk aboutjaguar land expected the bank to say or do. let us talk about jaguar land rover falling diesel sales in europe. most land rover models are diesel powers and they are having to invest in new technology like electric, hybrid and self driving cars to meet regulations. let us go through that with richard margaret. the pound is doing quite a lot of somersaults today, how do you view its movements? as you said what happens it isa movements? as you said what happens it is a little bit unexpected. interest rates are not likely to go up interest rates are not likely to go up on the whole, that would be positive for the currency. we are just ina positive for the currency. we are just in a holding pattern. the markets are waiting to see what happens over the next few months with brexit negotiations. no one was going to move dramatically on what the bank of england said today probably. the other study we have been covering, jaguar land rover, not good news for the firm to protect mildly, especially given they have announced massive job losses earlier this month. yes, a lot o

joining us from mumbai with the latest -- we are talking about another company, the jaguar land rover4 billion loss this month. we have a little more about what's at stake for those automakers. >> very interesting, a massive loss. and thet more on this title of this guests column today, don't listen in if you are a bear. jaguar land rover is headed for a cash crash. >> if you parse that charge you will see that $1.5 billion is in assets and everything else is intangible. part of that has already gone out of the business and the other part -- they don't think the assets will be able to generate that much cash flow in the future. when you think about it with credit investors -- it comes down to simple cash flow and they have been running cash flow negative and the options for generating cash -- they are fewer and fewer. when you start looking at what happens when their debt starts , you start wondering -- >> you raised one question in your calm him, why did it take so long for them to write down these investments?/ what was management doing? >> jaguar has been well ahead in terms of inv

jack word land rover is cutting thousands of jobs. jaguar land rover is cutting thousands of jobs. property prices back to levels not seen since october 2016. a fall last month of 1.3% in sydney, 1.6% in melbourne. thatr-term declines signal 2019 could be another rough year for the property markets. global news 24 hours a day on air and on tictoc on twitter powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. good one. has said trump progress has been made in trade negotiations in washington, but no final deal will happen until the two leaders meet. >> we have made tremendous progress. that doesn't mean you will have a deal, but there is a tremendous relationship and warm feeling, and we have made tremendous progress. yvonne: we have been talking to our guests throughout the morning about this. progress cannot be expected to be overnight. we can't expect instant results, but let's hope this trade of itent, the beginnings can enable the country's to focus on collaboration on so many issues confronting the world, where both u.s. and china

the uk's biggest car maker jaguar land rover prosperity.makerjaguar land rover blamed not just brexit but weaker demand from china, and falling diesel sales when it recently announced job cuts. we have seen weaker growth in china, a slow down in germany, italy is in recession and it is down to a number of factors, in particular trade war, there has been a slow down in trade and there are concerns. those are concerns that the bank of england warned of just last those are concerns that the bank of england warned ofjust last week. the bank of england has pointed out that the world is moving into a period of slower economic growth, what they are forecasting for the uk next year will still put us ahead of germany, japan, italy, and the bank of england confirmed also that there is up side to come for the uk economy, if we get a good deal. but their central for cast is for business investment to fall by more this year, even with a deal. talking ofa this year, even with a deal. talking of a dividend is unrealistic isn't it? i don't think so, if we

which participates in today's world court hearing it is after all indian company tata that owns jaguar land rover which claimed that bracks it was behind its decision to sack four and a half thousand workers india it seems though is not on britain's side the marshes has been and continues to be the sovereign nation for the cheek most people like india didn't support britain stance on syria and the voting with russia and china are indicating as strikes against president assad were illegal something on next guest agrees with all the u.k. media appears more interested in alleged isis brides in syria well joining me now from moscow is president bashar al assad's top media adviser dr petain a shabaan with a thanks for coming on the program going will trump says he wants the troops back but i understand that there is evidence that u.s. soldiers have continued to fire at syrian soldiers they are not that. is in theory that claim.

participates in today's world court hearing it is after all indian company tartar that owns jaguar land rover which claimed that bracks it was behind its to sack four and a half thousand workers india it seems though is not on britain's marshes has been and continues to be the sovereign nation for the cheek most people like india didn't support britain stands on syria are either voting with russia and china or indicating as strikes against president assad were illegal something our next guest agrees with although u.k. . media appears more interested in religion isis brides in syria well joining me now from mosco is president bashar al assad's top media advisable to between a ship with a thanks for coming on the program donald trump says he wants the troops back but i understand this whole jews they not this. is in theory are claiming to be fighting terrorism not in fact they cause many civilian casualties. hundred tribute of sudan casualties you know i would like to last one logical question we all know about the russian forces has the theory that an army in fighting the terrorists that is a

which participates in today's world court hearing it is of drool indian company tata that owns jaguar land rover which claimed that bricks it was behind its decision to sack for an off thousand workers india it seems though is not on britain's side the marshes has been and continues to be the soviet nation for the chicos occupy india didn't support britain stance on syria running the voting with russia and china are indicating as strikes against president assad were illegal something on next guest agrees with all the u.k. media appears more interested in alleged isis brides in syria well joining me now from moscow is president bashar al assad's top media adviser dr between a shoe bomb with a thanks for coming on the program will trump says he wants the troops back but i understand that there is evidence that u.s. soldiers have continued to fire at syrian soldiers they are not that. is in theory at claiming to be fighting terrorism up in thought they course money civilian casualties. hundred tribute of sudan casualties and you know i would like to offer one logical question we all know that russi

nissan's announcement on the heels of similar warnings from jaguar land rover could spell trouble for britain's auto industry. and the country's manufacturing sector as a whole. the impact would be staggering you got remembers not just seven thousand employees in this on you talking thirty thousand plu. employees that feat in. to business on on subjects subjects subsidiary businesses around the area - people it's job losses start to see job losses you start see impact on small businesses you know the the impact realllly if that waso happen. potentially could be catastrophic. meanwhile business between japan and the european union has gotten easier after effect onn friday. deal took among other secectors to benefit japanese cars exported to thee e. you will see tariffs drop to zero over the coming decade. string visit by german chancellor angela merkel to tokyo japanese prime minister shinzo ave said their economies would boost cooperation on issues of free tradede. the card that the arsenal hernici issueue japan and germany will lead the world's largest free economic block. which was

and jaguar land rover and ford announced job cuts in europe. still ahead on al-jazeera passive spectators why u.n. peacekeepers in the central african republic of being criticised by an international aid agency. hello there we've got glorious weather across europe at the moment we're seeing plenty of sunshine and it really is quite warm for many of us as well this is what it looked like in paris you can see the blue skies we had there plenty of people out and about enjoying the sunshine and the temperatures for many parts of europe are around five or ten degrees above what they should be at this time of year looks like that's going to stay as well we do have this area of time here this just drifting its way southwards that is dragging the temperatures down a little bit so in paris today we'll get to around twelve degrees so that's slightly lower than we've seen recently but still a long way above average the real wet weather across europe well that's here working its way over parts of island through britain and up into norway there as we head t

the likes of airbus, nissan, ford and jaguar land rover have all halted investment or slashed jobs asnissan, only two weeks ago, reversed their decision to build the x—trail here. jlr have slashed 4,500 jobs and ford have cut 1,000 jobs. so there can be no doubt that this government's reckless threats of no deal and prolonged uncertainty is having an impact on business decisions in the here and now, even if that is not the top line of a press release. so no deal must be taken off the table and a firm commitment to the customs union and a single market deal agreed. does he agree or disagree, for the sake of those were failing ian howells, who has confirmed this decision has nothing to do the brexit, is not driven by brexit and it is not because of brexit. of course, i completely respect — everyone has to respect the reasons for their decision that have been given — but it's — well, i am pretty familiar with this industry and others and there are a number of factors and i report to my honourable friend, truthfully, that on the minds of many investors around the world, there is an anxiet

is this the beginning of something where we may see other companies, for instance ford and jaguar land roverready, is this the start of a snowballing movement? every time a car manufacturer makes a new vehicle, those plants across the world and europe compete for the work. britain has historically been good at winning that work and we've seen quite a few models coming to the uk since brexit. but as car companies decide where their new models will be, they will look at the uk and see that it is mostly an exporter, half of the cars we make will go to europe, and they will look at whether these cars face ta riffs look at whether these cars face tariffs and delays on importing the parts that go into them from europe. those factors play into the decisions. britain historically has been a successful place to make cars but it is worth remembering that the reason many of the plants are here, nissan, toyota, honda, vauxhall, they are dependent on exports to europe for their finished they are dependent on exports to europe for theirfinished cars, and imports from europe, for many of the components goi

the uk's biggest car—maker, jaguar land rover, blamed notjust brexit but weaker demand from china, whenly announced job cuts, which is part of a global slowdown. we have seen weaker growth in china, we have seen a slowdown in germany, italy is in recession. and it's down to a number of factors, in particular trade wars. there has been a slowdown in trade and there are also geopolitical concerns. those are concerns that the bank of england warned ofjust last week. the bank of england has pointed out that the world is moving into a period of slower economic growth. what they're forecasting for the uk next year will still see us ahead of germany, ahead of japan, ahead of italy. and the bank of england confirmed also that there is an upside to come for the uk economy if we get a good deal. but their central forecast is for business investment to fall by even more this year, and that's even with a deal. so talking of a dividend is a little bit unrealistic, isn't it? no, i don't think so. i think if we get the right deal, consumers will feel more confident and as consumers recover their confi

there is no job losses at the time when we have seen significantjob losses across the sector at jaguar land roverally at ford. we're not talking aboutjob losses. we're not talking aboutjob losses. we are moving forward. there is a number of issues and questions to be asked. we will be putting these questions to management tomorrow when we meet at the site and we will be looking for reassurance is moving forward. coupled with uncertainty across the sector this is not something that is just there with regards to nissan. what about the impact on the supply chain that the factory relies upon? presumably there are a lot of relatively small businesses who depend on work from the nissan plant. yes. nissan has 7000 workers employed directly and in the supply chain we believe there are 30,000-40,000. in the supply chain we believe there are 30,000—40,000. there's going to bea are 30,000—40,000. there's going to be a knock—on effect and members will want to hear what effect that will want to hear what effect that will be. we should not scaremongering at this stage because although we have lost the future g

disappointing news that nissan has backtracked on expansion plans at its factory in sunderland and jaguar land roverber, is an auto industry analyst at arcadis. naturally, let's put this into a global context, there is a global slow—down going on, a global problem in the whole car industry. how to be fit into that? are we worse off than other countries in this respect or is everybody suffering? that is a good point. i don't think we are worse off, brexit definitely does create uncertainty within the uk economy and far wider reaching but as you mention we must look at it on but as you mention we must look at itona but as you mention we must look at it on a global scale and yes china sales are going down, the risk in diesel is obviously quite significant and consumer confidence towards the uptake of diesel is slowing down as well. there are a few implications to be looked out for sure. to try and get the magnitude of these problems, diesel for instance, how big a problem is that for the uk? rather significant, you can already see that most of the oems you can already see that most of the 0ems are real

jaguar land rover is said to be stockpiling parts in preparation for a nodal brexit.eks of disruption because the company uses 25 million separate parts today. ford has reportedly warned the prime minister it could cease production in the uk entirely, threatening 13,000 directly employed workers. and has said that no deal would be quote, catastrophic for the uk's auto industry. and although not directly linked to brexit, today we learned that honda is planning to close its plant in swindon at a cost of 3500 jobs. it is being debated now in parliament. that is devastating news for those workers, for theirfamilies devastating news for those workers, for their families and for the local economy that has been generated largely around that plant and other new industries that have moved in following the collapse of the railway industry. it is bad news too for all the small and medium—size businesses that make up the supply chain for these companies. and while the government is boasting it has secured a trade deal with the faroe islands, it is doing nothing to protect skille

the uk's biggest car—maker, jaguar land rover, blamed notjust brexit but weaker demand from china, whenly announced job cuts, which is part of a global slowdown. we have seen weaker growth in china, we have seen a slowdown in germany, italy is in recession. and it's down to a number of factors, in particular trade wars. there has been a slowdown in trade and there are also geopolitical concerns. those are concerns that the bank of england warned ofjust last week. the bank of england has pointed out that the world is moving into a period of slower economic growth. what they're forecasting for the uk next year will still see us ahead of germany, ahead ofjapan, ahead of italy. and the bank of england confirmed also that there is an upside to come for the uk economy if we get a good deal. but their central forecast is for business investment to fall by even more this year, and that's even with a deal. so talking of a dividend is a little bit unrealistic, isn't it? no, i don't think so. i think if we get the right deal, consumers will feel more confident and as consumers recover their confid

and jaguar land rover and ford also announced job cuts in europe. two police officers have been killed and at least three others injured in a suicide bomb attack in egypt they were trying to arrest a suspect wanted for an attempted bombing at a mosque last friday but he blew himself up a blast happened in cairo's historic center close to the famed azam mosque while attacks in cairo are rare there is currently an ongoing battle against i saw in egypt sinai peninsula. in eastern syria about three hundred fighters are defending their final pocket of territory and are now said to be blocking civilians from escaping at least thirty thousand people who fled the fighting in recent weeks have arrived in the whole camp the aid group international rescue committee says most of them are women and children under the age of five at least sixty two people have died along the journey or soon after arriving at the camp from exhaustion and malnutrition now meanwhile the commander of the u.s. backed syrian democratic forces fighting ice on his call for as many as fif

jaguar land rover has announced a pre—tax loss of £31; billion for the last three months of 2018, mostg charge. stripping out that charge the company lost £273 million. more than half of british households are likely to see an increase in the cost of energy in april. this is after the regulator, 0fgem, raised price caps. the interest rate set by the bank of england affects all sorts of things from the return you get on savings to the amount you pay for your mortgage. and the bank has voted unanimously to keep interest rates unchanged at 0.75%. policy makers said the economy in 2019 faced its weakest economic growth in a decade because of the uncertainty surrounding brexit. the "fog of brexit" was the phrase the governor kept using. the bank also slashed its forecast for how much the uk economy will grow this year to i.2%. that's the lowest since 2009, when the economy contracted by 4.2% at the height of the financial crisis. let's talk to rebecca harding, independent economist. good to see you. so on the rates first, keeping rates on hold tends to be good with those with mortgages and

it's the latest car maker to anounce a scaling back of operations in the uk, after nissan and jaguar land rover nina warhurst is at honda's swindon plant for us. well, honda is the fifth biggest car manufacturer in the uk. production has gone on here since 1992 and 3,500 jobs rely on it. they make around 250,000 cars here a year and inevitably this morning there is speculation that brexit is to blame for the closure. let's talk to jim let's talk tojim holder from what car. good morning. do you see one reason to blame was mike i don't think there is one reason to blame but honda has been specific in the reason it has given, that is that it needs to invest in electrifying its future model line—up. needs to invest in electrifying its future model line-up. by 2025 it wa nts two future model line-up. by 2025 it wants two thirds of its vehicles to be electrified in some form and it says the billions required to invest means it has to withdraw from unprofitable markets, europe has been challenging for them. but i would say there are other blows within that that create this perfect storm. yes, you coul

closure is the latest in a run of bad news with misson and jaguar land rover also scaling back their operations. around the eighty graves have been desecrated of a jewish cemetery in eastern france the damage was discovered in the village of white zin i'm new york. it comes ahead of plan demonstrations in paris against the rising number of attacks on france's jewish community. a painting believed to be by leonardo da vinci is now at the center of a mystery salvatore monday will sold in two thousand and seventeen for a record breaking four hundred fifty million dollars but it hasn't been seen since now our critics are wondering if it was a fake gabriel is on the has more now from new york. it's named salvador moody a painting by leonardo da vinci depicting jesus christ thought to be five hundred years old it's said to be one of the world's last long lost davinci original sydney one for that's why when it was auction in two thousand and seventeen the bidding was unlike anything ever seen before in the art world so you are the minute the world on. three hundred million at three hundred

scarlet: yes, a lot of bad news for jaguar land rover, especially with brexit.he online video platform. it released revenue data for 2018 and it is the first time they have done so. we welcome the ceo. good to see you. >> thanks, it is great to be here. . scarlet: 54% revenue growth for the full year, average revenue per user for the quarter up 22%, on, when are you going toe be profitable with this kind of growth? >> right now our focus is attacking this market we have, a $20 billion market where any creator of business or brand needs to succeed at video and needs the tools to do it. so the focus is on building awareness, building up a toolset, and investing in growth. we are not focused on profitability at the moment, but we are a software as a service subscription business model, and the economics of that model are extremely positive for profitability. we have high-growth margins, we have customers who stay with us for years and then come back, and that all sets us up nicely for future profitability. scarlet: do you derive your revenue from advertising? >> pr

dispute between the united states and china analysts also looking to earnings from fiat chrysler, jaguar, land rovero tomorrow to see if daimler's challenges are shared by other european automakers. france's finance minister expressing his disappointment in brussels brocking the merger, saying the decision serves china's economic interests there are now a growing number of calls for the european commission to revisit its anti-trust policy to allow for more cross-border m&a, as china's state-owned crcc continues its expansion across europe john, back to you. >> thanks, seema now let's get to sue herrera for a news update. sue? >> hello, everybody. here's what's happening at this hour secretary of state mike pompeo welcoming the french foreign minister to the state department for a bilateral meeting. high on the agenda, continued support of the effort to defeat isis in syria and iraq >>> pope francis says he hopes his trip to the uae will help relations between islam and christianity he signed a major document during his trip with high-ranking islamic religious figures calling for peace and harmony be

it would not be -- liz: i think they are doing jaguar, land rover, some big ones.e jump in here. the stock is up about 7% from the start of 2019. that's great but it's actually lagged behind some of the big tech names in which it kind of is in the same sphere. why do you think that is? is it because google needs to wow everybody and then why not talk about waymo? >> correct. you are totally right. i think in the wall street world, a lot of us like to focus a little bit too much or not so much, rather, on ultra long-term potential and we have been a little bit transfixed with the more near term focus on companies in the tech space like netflix and facebook and amazon, all who have been riding very exciting waves over the last year. so google again on purpose, in my opinion, have been riding a bit of a low-hanging i guess message as it relates to waymo. google does not need public press about waymo. they have virtually unlimited cash to roll this out. this is going to democratize transportation. they will dominate the on-demand autonomous transportation again, becaus

motors company has posted its biggest drop in a four years after the company wrote down its jaguar, land rover exposure to risk -- to brexit risks through. joining us from mumbai where we are watching the indian trading day is our guest. what led to these huge losses in china -- what led to these huge losses? china, brexit? guest: this is a shocker for the indian markets. this is the biggest record loss in the indian economy in history. this is an impairment, which owes to the market in china. , the increasing cost of debt. these are reasons they are fighting. and also china's markets is slowing down. a disorderlyns, brexit is also causing concern for tata motors, the parent company of a luxury unit. anna: it is injured -- matt: is interesting because in the u.s. they are still posting record sales numbers. there is so much interest in the jaguar ipace. i think they will have a supercharged v8 in the geneva motor show, a new range rover. ast is the problem for jlr far as products is concerned, and what is the road ahead for the relationship with tata motors? -- p.r.: tata motors, that is the c

a500 jobs lost at jaguar, land rover, a string of bad news.re a range of different factors probably explain that, the new trade deal with japan, the slowdown in the market, the shift away from diesel. brexit is a factor. huge uncertainty for the industry is now starting to catch up with some of these really big investments. i should that the mp from swindon is possessing he has heard from the company, he is insisting this is not to do with brexit and he says they are saying it's all about the business case for under and to be fair to them, i suppose nissan has already made a decision to pull back work to japan. there is biggerfactors affecting the car industry, diesel for example, electric cars and the rest which might mitigate against a car production internationally? i'm guessing the mp is living in cuckoo land. he is a brexit supporting mps that he would say that. there are huge factors at play in terms of a squeeze taking place in the car industry, massive investment required in new technologies, the japan eu free trade deal means that the

crucially exports are still really important to big parts of the country like my own, come to jaguar land rovercause those plans in places like birmingham import so many parts in the day that we need to integrate products, we need no delay, not even minutes of delay at border which is why the permanent customs union is just common sense if you want to stay a great manufacturing power like us. the second as you go into the future and the eu begins negotiating for their trade deals around the world, then it obviously makes sense for britain not to be a will taker but had some influence on those wells because we area large influence on those wells because we are a large market the sixth biggest economy in the wild, different from other partners in the eu and so it is making sense for us to have influence on things like technical standards and we have been really important in the you the next eu and we think it will add value to you deals to come. theresa may would say that her deal does offer a chance of friction in the last trade at the border which is the first thing in the second thing is non—e

nissan, jaguar, land rover, ford have all said they are going to cutjobs in the uk.decade ago and that is because of the shift in what types of cars are being sold and where. we have heard from the company previously about how brexit has not been a factor in its decision—making when it comes to job losses. do you feel that is the case in the sense that we have got this japanese european union trade deal, that will mean that imports into the uk from japan, especially cars, will be near, 0% in the less competitive. exactly, it allows honda to produce the cars injapan and ship them to the eu without having to pay imports and tariffs which does reduce one of the reasons for needing a plant in the uk. with brexit, there is definitely an element of uncertainty which car firms hate but i do not think it is the immediate reason in this case. in terms of what to expect in the future, we have heard from jaguar and land rover and nissan and void, more to come? it is entirely possible. the car industry is undergoing a tremendous amount of change. there's different kinds of ca rs

this year thr lowest rated brands are fiat right behind jaguar and land rover. fiat's management says this report is skewed because it has a limited number models and sample size. last year, fiat's sales in the united states dropped by more than 40%. phil lebeau, report," chicago.s >>> and to see the full list of consumer reports, you can head to our website atnbr.com. >>> before we go, a final look at the day on wl street. a down day on some noticeably weak economic data. theow fell 103 points today, the nasdaq snapped its eight-day win streak by falling 29, and the s&p gave back just about 10 points today. that is the "nightly business report" for tonight. i'm bill griffeth. thanks so much for watching. have a great esening. hope tyou >> this is "bbc wo"d news americ funding of this presenta made possible by the freeman foundation, and judy and peter blum-kovler foundation, pursuing solutions for america's neglected needs. >> wow, that is unbelievable. ♪ >> i'm flying! ♪ stay curious. ♪

jaguar land rover has been hit really by the change to diesel.f about emissions and so on, that has badly affected them. and we are seeing nissan in sunderland removing a new model which we were expecting to go there in coming years. that's now not going to go there as well. so they are having trouble, not necessarily closing plants, but finding new models and new work to put into these plants and that's a problem for the whole industry. it is not just the car plants themselves, they arejust just the car plants themselves, they are just the just the car plants themselves, they arejust the final just the car plants themselves, they are just the final assembly, there are just the final assembly, there are three orfour times are just the final assembly, there are three or four times as many people making the parts and components and transporting them to these plants that are employed in these plants that are employed in the uk as well. thank you, jonty. a new rapid test for earlier diagnosis of sepsis has been developed by researchers at the univers

you had jaguar land rover coming out, saying they would be cutting thousands of jobs in the country. the biggest carmaker in britain and they are cutting jobs. jobs,so had ford cutting saying that a hard brexit would be catastrophic for their operations within europe as well. this adds to pressure. it comes at a terrible time. there's already immense pressure on the government to make some big decisions and more or less cut their losses on the brexit deal. hard to say how it is going to come out. there's so many different ways this could go. rishaad: i'm going to move to david, just to make it absolutely clear. talking of brexit as well, we've got a labour party which is showing a few signs of fracture. we've got seven people leaving, effectively forming their own caucus. jeremy corbyn is under pressure. >> it just goes to show how divisive u.k. politics is right now. theyamifications of this, left corbyn for a variety of reasons. some are not happy with brexit policy. some of them want a second referendum on brexit, which from a market perspective, they would be happy with. the u.k.

not taking part is jaguar-land rover. we will talk what that later. here with the first word news. ros: talks to of boys -- to avoid a new u.s. shutdown stumbled over the weekend, with democrats and republican said to have stopped talking. nine federal departments and agencies would shut down again, just weeks after the record 35 day halt in washington. setgo shooters had hoped to up votes in the house and senate before friday's deadline. political tensions are high in thailand just months before the first general election. the party link to the former prime minister has abandoned plans for the kings sister to run for offense -- office. madelection commission calls for the party to be shut down. ukip prime minister theresa may will ask parliament this week to give her more time to renegotiate brexit. she is promising lawmakers a further charge to take control. she will ask for comments to reaffirm the desire to move the irish backstop from the agreement. if she does not come up with a new deal by february 27, pilot will have another vote. governments,

we have heard from ford, cutting jobs, jaguar land rover, as well.ent. it isjust uncertain, it is not just the moment. it isjust uncertain, it is notjust the people working there, it has wider implications. often we talk about these big companies, but there are so many more people who depend on those companies and the jobs and the work they bring. thank you, see you a little bit later. breathing exercises, relaxation techniques and mindfulness sessions will be added to the timetables of nearly 400 primary and secondary schools across england, the government has announced. the pilot scheme is intended to boost children's mental health. breakfast‘s tim muffett went to meet pupils at a school which already offers a similar programme. it is going to be about keeping our focus. go. cedar mount academy. maybe this cone is that big goal that we have set for ourselves. go! 131 schools across greater manchester trialling a new way of improving mental health. we are seeing a decline in young people's emotional well—being, and we need to address that, it is a r

we have breaking news from jaguar land rover. tom: serious news. this has been a train wreck.ad a great conversation with the l'oreal chief executive. >> there is a strong appetite of consumers for beauty products, for luxury products and so far we have seen no slow down at all . >> what trends are you seeing in china? jean-paul: we see a strong demand. aere is something called ballistic affect which says when people do not want to buy ext are happyms, they lipstick. we think growth could continue. >> i know you said your not seeing any impact from the trade war. when are you expecting somewhat of a slowdown? jean-paul: we will see. there is no reason for the moment to be worried. if there is a slowdown, we will adapt. >> you do not see it in 2019? jean-paul: for the moment, nothing. we keep investing. one of the reasons we are not seeing a slowdown is we have been investing for many months and many years. brand in the number one in china. number one in men scare, in skincare. care, inmen's skincare. >> when will it be number one? jean-paul: 10 or 15 years. tom: l'oreal on ear

honda, jaguar land rover and nissan have also announced cuts to jobs or investment in recent months.ust explained to him what we see, the positives of this government in relation to this economy. the consistent growth, quarter by quarter, we have seen in our economy under this government. it would be worse for the economy in this country if there was a run on the pound capital flight, this country if there was a run on the pound capitalflight, 1000 billion borrowing under a labour government. jeremy corbyn. as the manufacturing industry decline since its well—paid jobs that are lost. there is something increasing, that is the income of the top fifth richest people in this country, which went up by 4.7% last year, while incomes of the poorest fell by 1.6%. with the poorest people worse off, when the prime minister now commit... will be prime minister now commit... will be prime minister now commit to ending the benefit freeze, or does she believe that rising poverty is a price worth paying? perhaps it might have again to look at some of the facts. the top 1%, the top 1% are paying 28%

cost of energy is set to rise for 11 million customers i'm victoria fritz in the business news jaguar land roverharge. stripping out that charge the company lost 273 million pounds. more than half of british households are set to see an increase in the cost of energy in april after the regulator, ofgem, raised price caps. more on that shortly. uk house prices fell by almost 3% injanuary compared with december, according to the country's largest mortgage lender. it's the second time in three years that the new year has begun with a significant fall. around 15 million households will see their energy prices rise after regulator ofgem hiked price caps designed to protect those on poor value deals. the energy watchdog said it will increase the price cap for default and standard variable gas and electricity tariffs by £117 due to hikes in the cost of wholesale business. this is a bit of a joke wholesale business. this is a bit of ajoke in the? it's wholesale business. this is a bit of a joke in the? it's a ridiculous situation for consumers to find themselves then. let's go back a few weeks ago. it w

these guys near the bottom of the list dead last ranking goes to fiat right behind jaguar and there you see land roverpeople are satisfied, we shouldn't be surprised we see some of the models or brands ranked near the bottom by consumer reports despite heavy satisfaction or high satisfaction look at jeep it's near the bottom of the list every year and again, this year, sales are soaring. >> that's true but i'm a proud, we got two subarus in the driveway, so phil say, we're number one, we're number one that's the new volvo great job. >> safety rating. >> all wheel drive test them in the snow the last couple of cars kudos to them. philip lebeau, thank you >>> apple and goldman sachs, unlikely team and then key to apple's future next. it's absolute confidence in 30,000 precision parts. or it isn't. it's inspected by mercedes-benz factory-trained technicians. or it isn't. it's backed by an unlimited mileage warranty, or it isn't. for those who never settle, it's either mercedes-benz certified pre-owned, or it isn't. the mercedes-benz certified pre-owned sales event. now through february 28th. only at your