that is carole ghosn speaking to michelle fleury in india, the country —— to michelle fleury.taliatory tariffs on 28 goods from the united states. it comes after washington removed india's preferential trade status which allowed indian companies to sell some goods to the us without paying duties. i'm nowjoined by sameer hashmi from mumbai. it's nice to see you, sameer hashmi. the tit—for—tat trade dispute today is between india and the us. that's right. it's tit—for—tat after the whole china us trade war. now china's neighbour, india, doing this matter with united states. it's not at the same scale in terms of size. in india's case, india has been deferring this decision for years. they been talking about it since 2018 -- a they been talking about it since 2018 —— a year. that they would be introducing these retaliatory tariffs. they were hoping they could strike a deal, some sort of deal with united states. i think what triggered this decision is a few weeks ago, a couple of weeks ago the united states withdrew the preferential trade studies which india enjoyed, under which i

michelle fleury new york.g its annual developers conference in sanjose, california. this year's headline grabbing announcement is a phasing out of itunes. the download store that upended the music industry when it first was launched in 2001. the bbc‘s north america technology reported dave lee has the details. it has been almost 20 years since steve jo bs it has been almost 20 years since steve jobs introduced it has been almost 20 years since stevejobs introduced itunes into the world. the world of entertainment has changed a lot since then. as many apple fans have been predicting for some time, itunes is going to be phased out and replaced, instead, with three separate apps, one for music, one for podcast, and one for apple's tv subscription service that is coming later this year. another significant announcement at this year's event was a feature apple ‘s calling sign in with apple. it creates a unique e—mail address for every app you sign up to. which means if there is a database sign up to. which means if

michelle fleury in new york.ness, fear chrysler has withdrawn its offer for fear chrysler has withdrawn its offerfor carmaker fear chrysler has withdrawn its offer for carmaker renault. it is after they failed to reach an agreement on the proposal —— fiat—chrysler. and a proposed closure of ford's bridgend facility is set to continue ford has said it won't comment on the closure of the factory, which employs 1700 workers. breaking the glass ceiling in business leadership is something women worldwide continue to struggle with, and the challenges go beyond the corporate world. impacting other crucial areas of business such as supply chains. to look at these issues, we caught up with elizabeth vasquez, from a company which is aiming to bring together a global network of suppliers run by women. the corporations we work with, these are the largest corporations in the world, out of all of their spend on products and services, only 1% of us is with women—owned businesses, so we have an opportunity to find these women—ow

michelle fleury in new york explains.ald trump has upped his criticism of germany over a gas pipe line that would double the amount of gas that can be transported directly from russia to germany. the american president said on wednesday he is still considering using sanctions to block the nord stream to pipeline. still considering using sanctions to block the nord stream to pipelinelj think block the nord stream to pipeline.” think it is an enormous mistake to germany, but again germany is running its affairs and they will do just fine. but i was critical, i had been critical of it. a tremendous amount of energy will be supplied by that pipeline. trump has claimed since last year that germany is captive to russian energy exports. he is not the first us president to oppose the pipeline, that critics say would bypass other energy sources. he draws say would bypass other energy sources. he draws on say would bypass other energy sources. he draws on support from congress, where some members have also proposed sanctions to try

michelle fleury in new york has more it was inevitable that oil prices reacted the way they did. any disruption to the flow of oil is going to raise concerns about supply, and in turn have a knock—on effect on the price of oil, pushing it higher, as we saw. now, when you consider that a quarter of the world's oil is shipped through the straight of hormuz, any disruption to tankers in that area is going to alert traders. but as big as the spike was, if you look at west texas intermediate, the price is still substantially below its high from earlier this year, trading below $60 a barrel. there is a degree of waiting to find out more definitively who may have been behind these attacks. mike pompeo, the us secretary of state, blamed iran for the attacks on a japanese and norwegian tanker, even as the japanese prime minister visited tehran. what's clear is that the stand—off between the us and iran has been simmering for a while, and this attack is the most recent in a pattern of disruption. earlier this month, there was an attack on tankers and a drone attack on a saudi pipeline. now

here's michelle fleury in new york to explain why.spect of greater regulatory scrutiny. us anti—trust forces have a p pa re ntly scrutiny. us anti—trust forces have apparently carved up jurisdiction for possible investigations into google, facebook, and was on and apple. the wall streetjournal reported on friday that the us justice department is preparing an anti— trust investigation into google's business practices. the washington post claim that the federal trade commission is looking into potential anti—trust violations of amazon. bloomberg says the ftc might open a anti—trust probe into facebook. it's not uncommon for the agencies to negotiate over who gets to that which companies and markets. it is to avoid duplication and stepping on each others' toes. it's also worth noting that the last big anti—trust suit in the united states was against microsoft, that was roughly 20 years ago. part of the challenges that it's hard to show american consumers that have been harmed. as a requirement of us anti—trust law. big tech companies lik

michelle fleury in new york. lots of companies run debt, is this a big problem for them?”ever he speaks and they pay attention this is a company that has entered an industry that is very cash intensive. the big legacy names in the car industry struggling at the moment, trying to come up with the moment, trying to come up with the cash needed to come up with a good to develop the transportation we need for the future and so, tesla is under pressure, as you say, companies operate with debt. but there is room that after manoeuvre and it is getting tighter and tighter because it faces more competition and because there are others around were getting into the same space that it is occupied but had deeper pockets, so that is a people are paying much more attention and seeing if they can deliver what they say they will a nswer deliver what they say they will answer that is going to be a key pa rt answer that is going to be a key part of what looking for. and as i say, eli musk tends to make news when he speaks, talking about taxis and that is one thing they want to hear more abou

and michelle fleury has the details of what's ahead on wall street today. in technology saw their shares tumble at the start of the week, dragging down the tech—laden nasdaq market site. now, the sell—off was sparked by the prospect of greater regulatory scrutiny. us anti—trust enforcers have apparently carved up jurisdiction for possible investigations into google, facebook, amazon and apple. sticking with the tech sector, salesforce.com is expected to report a rise in first—quarter revenue, this is thanks to demand for its cloud—based product which is expected to help boost the software maker's bottom line. the upscale jeweller tiffany reports first—quarter profits. a decline in spending by tourists, especially chinese shoppers, is expected to dent sales. no doubt investors will want to hear more from the chief executive on how rising tensions between the us and china will affect its business in the longer term. and the us labor department is likely to report factory orders that contracted by almost one percentage point in april, that's compared to a surg

michelle fleury has more.anies to trade on the stock exchange, beyont meat had already attracted attention. their burgers, made from vegetable starch, have been popular with consumers. numerous american supermarkets have responded well. the early buzz about the company may have been justified. as well as a sharp rise in quarterly revenue, the company has also now said that it expects revenue for the whole year to be more than twice what it was in 2018. it seems sales are growing nicely, and yet the company still hasn't reached profit. overall, it lost more than $6.5 million in the first three months of the year. but for now, investors seem the year. but for now, investors seem to have an appetite for beyond meat‘s shares in line with the public‘s appetite for its burgers. joining us is fiona cincotta, market analyst at city index. this is an incredible story, the beyond meat popularity. it shows how much appetite there is amongst investors. boom boom! iwant much appetite there is amongst investors. boom boom!

michelle fleury has the details of what's ahead on wall street today.ch an old dog new tricks? nearly two decades after pets.com went public and later went bust, another hyped pet supply retailer is coming to market. shares in chewy will begin trading on the new york stock exchange. with more americans doing their pet shopping online, the opportunity in pet products, well, is pretty clear. but like many of the tech companies that have come to market recently, chewy is yet to make a profit. 0n the us economic front, the commerce department is likely to report retail sales rose 0.6% in may. that follows a 0.2% drop in the previous month. and the university of michigan's preliminary consumer sentiment index forjune is likely to show a reading of 98%. now, anything above 50 is considered expansionary. this is significant given recent concerns about the health of the us economy, and it's an important index for retailers, economists and investors because its rise and fall has historically helped predict economic expansions and contractions. joining us isjerem

carole ghosn told michelle fleury in new york, she is appealing to president trump to apply pressurepcoming 620 summit. the world leaders are going to be meeting at the g20 at the end of the month, i would like president trump to speak to the japanese prime minister about the fertile conditions and to let me speak to my husband. and i do respect the presumption of innocence until proven guilty. when was the last time you saw your husband?” proven guilty. when was the last time you saw your husband? i saw my husband when he got arrested in the 4th of april. when the prosecutor stormed into the apartment at 5:15am. they took us by surprise and they told callas he was under arrest. and he got dressed and they took about. during that period did you have any contact with your husband? i haven't spoken him since then. he got out on bail. however, they told him one of the bail conditions, the restrictions, is that he's not allowed to speak to me or talk to me which find inhumane. what do you think of the criminal charges against your husband?” think all of this could have been dealt with in

let's go to new york and speak to two my colleague michelle fleury this is really an escalation of rhetoricosed to the pipeline which is essentially with double the amount of gas that can be transported to germany from russia, just to give you some context, supplies about 40% of the eu's gas supplies about 40% of the eu's gas supplies ahead of norway. and what we are seeing is a reiteration of the american view here, with some support from congress last time i could have urged him to introduce sanctions, and it is notjust the americans that take issue with the pipeline. we have also heard from other eu member states that have been concerned about the reliance on russia's gas that is the president right now who is threatening the sanction. why is germany so in favour of it? i think some people suspect that it has to deal with the businesses that have invested heavily in it. he is the one running the project, obviously, you have the country saying national interest in terms of doubling its supply and you have european companies with stakes involved in the uk, you've got dutch shell, a familia

carole ghosn told our correspondent michelle fleury she‘s taken her husband‘s case to president trumpnd i would like president trump to speak to prime minister abe about fair trial conditions and let me speak to my husband and to respect the presumption of innocence until proven guilty. when was the la st until proven guilty. when was the last time you saw your husband? when he got arrested on the 4th of april when the prosecutors stormed into the apartment at five in the morning and they took us by surprise and they told carlos he was under arrest. he got dressed and they took him away. did you have any contact with your husband in that period?|j have with your husband in that period?” have not spoken to him since then. he got out on bail, however, they told him one of the bail conditions was that he is not allowed to speak to me or talk to me, which i find inhumane. what you think of the criminal charges against your husband? —— what do you think. criminal charges against your husband? —— what do you thinkm could have been dealt with internally at the company. even if there is wrong

without rushing, in order to guarantee the industrial interests of renault and the french nation" michelle fleurybegan, really. but forthe this was almost over before it began, really. but for the two companies interested in the first place? the numbers told the story, if you look at it, a combined chrysler with them would've made the third biggest car—maker in the world and overtaking general motors and i think as we heard earlier, talking about the car market, you are seeing all of the car—makers looking at the businesses, trying to decide how do they correct and make sure they have they correct and make sure they have the right level of correction today while planning for the future —— production, driverless cars, electric cars, things that require a huge amount of investment in scale, in other words, the big you are, allows you to save money on one hand and leave you with more money in your pocket to invest in these future technologies. my back but the reasons to seek it in the first place, when the news first came on here, we are about eight days ago, it is not just chrysler and renault, but

this from reuters our correspondent michelle fleury is in new york whilst you're there we've heard theytext sector technology sector, your seen about the text sector technology sector, your seen these regulators begin to take this seriously, these stocks have all substantially been lowered. but we have seen over the course of the weekend is reports that regulators in america have started carving out which departments will investigate which of these big tech companies. the wall streetjournal reported of these big tech companies. the wall street journal reported that there will be looking into google, there will be looking into google, the federal trade commission, according to the washington post will be looking at amazon. carving up will be looking at amazon. carving up the work so that you do not have duplication. this is all fairly sort of routine in some ways, but what it signifies and the reasons why you saw in the share price, is for regulators to get serious and ways that they were not in the past. the last big antitrust case to be seen here in america was 20 years ago that involv

she told our north america business correspondent, michele fleury that she hasn't seen her husband since on april four, when the prosecutor stormed into the apartment at 5:50am. they took us by surprise, and they told carlos he is under arrest. and he got dressed, and they took him away. and during that period, did you have any contact with your husband? no, i have not spoken to him since then. he got out on bail, however, they told him one of the bail conditions, the restrictions as he is not allowed to speak to me, or talk to me. which i find inhumane. so what do you think of the criminal charges against your husband? do you think of the criminal charges against your husband ?|j do you think of the criminal charges against your husband? i think all of this could have been dealt with internally within the company. even if there is, as alleged, wrongdoing? everything could have been dealt with internally. it did not need to go this far. on top of it, my husband is in the innocent, and time will prove the truth. in other business stories we've been following — does this sound finger licki

michelle fleury is at the new york stock exchange.have a president who very much sees himself asa president who very much sees himself as a deal— maker. president who very much sees himself as a deal—maker. while the uk is trying to essentially recast its relationship with europe, america is looking at this and seeing an opportunity to try and perhaps get better terms to strike its own deal with the uk on trade. now, you mentioned there the nhs, the idea that the us ambassador said over the weekend on television that there was an opportunity, that they would like private american companies to have the opportunity to bid for contracts with the nhs. and you might see a push on the american side in the food industry, they had very different standards here than in europe and the uk. they would like access to the markets when it comes to food safety standards. you have talked a lot about checking on this programme, and in the us, it can be washed in chlorine to kill bacteria, but it isn't in the uk or europe. would that change with any pot

carole ghosn spoke to our north america business reporter michelle fleury.like president trump to speak to the japanese prime minister about the conditions and to let me speak to my husband. and to respect the presumption of innocence until proven guilty. when was the last time you saw your husband? i saw my husband when he got arrested on the 4th of april, when the prosecutors stormed into the apartment at 5:15am. they took us by surprise. 24 prosecutors came in and told carlos he was under arrest. he got dressed and they stayed about four hours in the apartment with me. i took a shower and they had a woman prosecutor follow me in. took a shower and they had a woman prosecutorfollow me in. she handed me my towel as i got out and every timei me my towel as i got out and every time i needed to use the rest room she would go into the toilet with me. i don't know what they were expecting, i think they were doing it just to humiliate expecting, i think they were doing itjust to humiliate me. during that period, did you have any contact with your husband? i haven

michelle fleury is outside the new york stock exchange.ve we had? look, i think kind of reaction have we had? look, ithinka kind of reaction have we had? look, i think a pattern is emerging when you look at donald trump's behaviour of threatening tariffs and threatening the worst—case scenario and people are not always sure whether or not, how seriously to ta ke whether or not, how seriously to take in. there was the mexico delegation here last week, clearly not taking any chances. in the end, a deal was reached, we do not know the contents of that but types were reached. again, it goes back to this idea, we have seen this negotiating tactic before from donald trump. it is not clear how effective it is and as for this deal that has been reached, we do not know the content of it yet. but it does have to be ratified by mexican lawmakers, which has led to more tweets from donald trump this morning threatening to impose tariffs if the deal is not ratified. is this all part of the same, candide china, us trade relations be compared with this? o