i am joined by kate moody. we are going to be starting off with volkswagen, which finds itself in some more legal trouble. weeks sinces two the cheating in missions scandal broke. the paris prosecutor has announced an official inquiry into what they call aggravated deception. volkswagen has admitted 11 million vehicles were fitted with in missions cheating software, including 1 -- with e missions cheating software, including many of them in france. 4000 have been put on hold in the u.k. credit suisse has released a report saying the scandal could cost the carmaker up to 78 billion euros, including legal fees, penalties, and the cost of recalling and repairing all the affected vehicles. volkswagen have seen shows the value more than a third of their value in at least two weeks. air france is preparing to announce significant job cuts monday after talks with unions about working conditions broke down earlier this week. pilots and cabin crew refused to increase their flying time without a pay raise. says it may be

i am joined in the studio by kate moody. we are going to start out with news that unemployment in the eurozone has hit its lowest level in nearly four years. kate: the lowest since january of 2012, crying to the e.u. official agency. the jobless rate across 19 unemployment has dropped since september, compared to 11.5% a year ago. germany had the lowest rate with 4.5% unemployment. greece and spain have the highest, topping 20% each, perhaps one of the countries that few countries to raise its 7.427.10.es from consumer prices remain unchanged from september to october. that 0% is much weaker than the european central bank's target, leading to speculation that there will be more quantitative easing in store. that has not had much of an impact on the markets. major european indices have reversed earlier gains, turning downward midway through their trading sessions, each down about a third of a percentage point. that is from a mostly negative close in asia. corporate results are moving the markets today, so let's take you throu

kate moody is back. hello again, kate. we begin with a international trader deal. kate: these are the details of the transpacific partnership. 12 countries signing onto an agreement that impacts about 40% of the local economy. they look to cut down on trade barriers and set environmental standards. it includes international property rights under drugs, gary, rice, -- writes on new drugs, gary, rice, and oil industries. we can speak to jeffrey, a senior fellow on international policy at the peterson institute of international politics. what this this deal change? --frey: very important for their strategic relationship, and therefore has implications for how each of the countries deal with china. the same time, it is not just an asian pacific deal because it opens the way for the acceleration of the ongoing talks between the united states and the european union. it has important implications for the transatlantic trade talks as well. kate: what is so controversial? what makes critics so concerned? well, there are a number of areas where policies will have to change.

rise.gure is expected to kate moody has the details. the cover-up that has tarnished its recommend tatian and put both -- its reputation and put volkswagen into the red. of 3.5operating losses billion euros compared to a profit of nearly that size in the same period a year earlier. the group said it was unlikely to achieve any sales growth this year because of the recall affecting cars worldwide. but the losses were not as deep as many analysts expected. 's new boss says the company's new strength and prospects for improvement. dr. the initial impact of the current situation is becoming clear. we would do everything in our power to get back the trust we have lost. was echoed by the head of the volkswagen brand. >> we will come up with good solutions for the affected diesel engines. we will uncover and disclose the full proof of what happened. and we will make sure that something like this never happens again. extent of the damage to volkswagen's bottom line remains unclear. the scandal directed only at the end of the third quarter. >> n

analysts are saying clinton came on top with sanders time, and as kate moody reports, they were not they ones on stage. : gambling their political futures on a stage in las vegas, democratic party fors have the the first debate. hillary clinton and bernie sanders dominated the evening. the latter describes himself as democratic socialist. mrs. clinton: i am a progressive, but i'm a progressive who likes to get things done, and i know how to find common ground, and i know how to stand my ground, and i prove that in every vision i have had. mr. sanders: what we are against is what the top 1% in this country, they own as much wealth as the bottom 90%. issues likelash on gun control and military engagement. they say the realm of the political unity -- the private e-mail server while she was secretary of state, something republicans hope will hurt her in the general campaign. mr. sanders: enough of the e-mails! let's talk about the real issues! [cheers and applause] mrs. clinton: thank you, bernie. thank you. [laughter] participants,her former maryland governor martin o'malley, lincoln chafe

thousands have rallied in ankara to pay tribute to the victims, as kate moody reports. >> grieving families gather outside a morgue hoping for answers after the deadliest attack ever on turkish soil. turkish authorities say three groups may have been capable of carrying out saturday's 20 explosions -- 20 explosions -- twin exposes. investigators say they were focusing on i.s. militants but have few specifics. they are twon told suicide bombers, men. may be in the coming days, police or another authority will reveal details. survivors are accusing the government of failing to cap those participating in a peace march which included members of the pro kurdish political party as well as labor unions. >> there were traffic police and armed vehicles nearby, but no security measures were taken for the rally. people could come and go freely. >> parallels have been drawn with a similar attack in july on a peace rally near the syrian border. those scenes were littered with metal ball bearings indicating the explosions were planned coup cause -- to cause maximum damage. one of the ankara bombers may h

let's look at the day's business news with kate moody, who has joined us on center will start by talking about climate change could we are half a month away from the landmark in negotiations in paris. a number of international institutions are pushing carbon pricing is the best way to fight global warming and reduce in-house gas emissions. kate: carbon pricing is pollute. paying to high-level panel is thrown its support behind a tactic. the leaders of chile, ethiopia, the world bank, and international monetary fund are joining forces in an unprecedented global appeal. speaking with the president of the world bank, he started by playing just what the pricing entails. >> what we know is that there is actually a cost to putting carbon in the air. it can be translated directly .nto human lives, for example carbon-based pollution actually takes the lives of millions of people every year. it.e is actually a cost to we just haven't been incorporating that into the way we do business. through taxes, through fees, through creating schemes, recently want the actual -- recently want the awful cost