it has been said that mr ghosn has hired a new hotshot as his replacement. staying with japan, toshiba has slashed profit forecast for the year by two thirds, $180 million, the cuts are due to the writing down in value of subsidiary, but also the japanese power project costs, cutting costs including winding up last year, in the uk the nuclear power has been wound up. all flights all flights to and from belgium have been cancelled today because of a 24—hour strike at the main airport bya 24—hour strike at the main airport by a transport unions. air traffic control say they are unsure about staffing levels. the strike is over wages, benefits and pensions, but will also affect buses, trains and ports. president trump has hinted the 1st of march deadline for us china trade talks could be extended. john is following this story for us, look, they have said, if they can get a deal, we are prepared to let the deadline slip, so, signs of a breakthrough. possibly, for a long time the us side were saying that the deadline is a very hard deadline, no sign they were willi

the shock decision is the latest twist in a saga that has gripped the business world, since mr ghosnippine star says hospitals have been ordered to open fast lanes for measles, to help deal with an outbreak which has so far claimed 87 lives. the department of health predicts that it won't have the disease under control for another two to three months. and the south china morning post leads on a near—total ban on e—cigarettes being introduced in hong kong. under the new law it will still be legal to use e—cigarettes, but anyone who sells them will face up to six months in prison. to india now, where toxic alcohol has claimed the lives of dozens of people in the last few weeks. the product is often cheap, and available even in places where alcohol is outlawed but, as sangita myska reports, its effects can be deadly. this woman is inconsolable after the sudden death of her husband. translation: he vomited twice and said he was losing consciousness. he could not see anything and then he died. the villagers are in a state of shock but this is not the only death from toxic illegal alcohol.

mr ghosn has been in custody since november on financial misconduct charges, which he denies. 0nlined to pay publishers and creators for the content that appears on their sites, under a revamp of eu copyright rules agreed on wednesday. the move comes despite intense lobbying by tech giants including google and facebook, which will now have to install filters to stop the uploading of copyrighted material. smaller start—ups will be exempted. jeans maker levi strauss has filed documents for a listing on the new york stock exchange, planning a return to the stock market after more than three decades. it's thought the 145—year old company, which is controlled by the descendants of the founder, could be worth as much as $5 billion. let's go to germany now, where it's been confirmed that europe's biggest economyjust dodged falling into recession at the end of last year. in fact it came as close as is possible without actually tipping into recession. in the three months to december, growth was flat, at 0.0%. that followed a contraction of 0.2% for the previous three months. the technical def

they arrested mr. ghosn and someone named greg kelly, a longtime ally. jason: part of what was interesting is the coordination that they underwent. he was not much to leave on a private jet to japan for a different airport. coordinating arrests as best they could, in order to essentially keep them from taking each other off. >> this had to be a covert and complex operation to get them both to tokyo on the same day within an hour or two that is what nissan managed to do. they were duly arrested and taken into custody, where carlos ghosn remains. carol: i must ask, was this the spoils of corporate success or was this that ghosn transgressed boundaries? that is what the question is at this point. >> one of the things that remains a somewhat unclear is how many people at nissan knew about these arrangements. were they signed off, how were they signed off? and what was the illicit part relative to nissan? we know what prosecutors are accusing ghosn of doing, but the question is did he do things without the permission of others. those are all still open questi

the former prosecutor notified the tokyo district court that he was no longer representing mr ghosn.them given the uncertainty. the ftse 100 there is a lot moving them given the uncertainty. the ftse100 given the inflation figure is falling below that 2% target, the bank of england target for inflation means we might have a bit more money in our pockets and that is good news for the businesses. interaccount is up one and a quarter percent. that's all the business news. in a moment, it'll be time for prime minister's questions... let's cross to westminster and speak to our assistant political editor, norman smith. you have 30 seconds.” you have 30 seconds. i am going to be looking at the mood between theresa may and jeremy corbyn to see whether there is any chance of getting these cross—party talks up and running because yesterday when mrs may made a statement yesterday they were going hammer and tongs at each other when mr corbyn said mrs may has not moved one iota. it is not a great prospect for wanting to kick—start party talks. we know the brexit secretary is being met today. i'm

to have modern corporate governance and i think that a lot of people have been surprised at how mr. ghosnuch more upset and up in arms in talking about this will perhaps stain the reputation of japan in terms of westerners wanting to work here. but i think there are japanese executives who also have been saying this is not how we want to run a modern country. >> you know, the confusing and intriguing part of all of this is trying to figure out what caused what. is this a situation where he really was compensated and this wasn't made good where you had him putting his personal loans onto the balance sheet of the company, or is this a situation where it was a reaction to his plans to integrate much more closely. what's your feeling after you reported on it so much >> right well, i mean, it's almost sort of a shakespearean story inside of nissan which we haven't gotten to the bottom of yet. but there does some to have been a lot of power struggles and there had been some building resentment i think on two fronts, one was there was a lot of power that was concentrated on him. he was at one po

aix: maybe mr. ghosn playing part in the downside business for renault. latest, taylor riggs.ng to start with renault. shares are still higher after revenue and profit fell. applauding the guidance -- the relationship is cordial. the financial results are taking a backseat to see if the nissan-renault marriage continues. shares of yelp rising. top line growth of 8-10%, looking at the midteens in the next few years, introducing three new directors to the board. centurylink, shares off 10% after analysts saying the dividend cut to one dollar is tough but necessary. a lot of growth concerns remain about the company. the ceo lowering that leverage target to make sure the balance sheet is in line. david: the stock market goes up and down. the fundamentals of the u.s. economy are strong. the question is for how long. there seems to be a lot of uncertainty but not much agreement. >> we are going to have a recession whether or not we get a u.s.-china deal. recession increasing probability over the next three years. >> i recession risks have declined significantly. >> it is pretty like

ghosn. as you know, tokyo prosecutors have charged mr. os with underreporting his pay. the out your maker said that it's facing a decline in global vehicle sales, especially in the it will in europe, and reconsider its plan to deepen its alliance with france's renault. >>> everybody loves buying something on sale, of course, but according to a new all of those markdowns cost retailers $300 billion in revenue last year. that equals about 12% of sales.p thist does not include gr >>> well,e are just a few weeks in to 2019, but already it's apparent that the year is not starting the way hollywood would li but are things about to sdmange julia boorstin takes a look at the box office challenges and why things may be about to heat . >> reporter: "the lego movie 2: the second part" has failed to turn around a struggling2019 x office. it grossed $34 mlion at the domestic box office, as much as $20 million less than some estimates forhe film. wa disappointingkend bringing the year-to-date u.s. box office down 14.5% from last year, which is bolsted by a"star wars" film, and this w