have you been approached and will you be staying at qantas? qantas.hink it is an amazing airline and an amazing brand. i have a lot more to do. i want to achieve a lot more here in this organization. as always i am enjoying it and the shareholders and the board wanted to do the job i will continue. i reach 50 this year. i have a few years left with me. i will be going anywhere anytime soon. i want to be going anywhere anytime soon. ♪ rishaad: four therty over tycoon behind india's liquidateng beer? assets let's head over to mumbai itself. what is mr. valid saying about it all? >> he still remains defiant. days after one of india's largest public sector banks declared him a willful defaulter. he has continued to reappear. sing the national bank and the other banks and he will do what he has to do in comments made to journalists. in fact he is known for his very yant lifestyle. throwing lavish parties. have been declared willful defaulters by lenders. everybody has its own perception about what is happening in with his lifestyle. and he would not commen

qantas ordered the 787 last year and they ordered eight airplanes.ntas went through a significant restructure and now they are profitable. they ordered eight airplanes. they want to use their capital effectively. >> are you expecting more? >> absolutely. it is hard to quantify that. moreld say they are adding 787's. another airline in australia .hich is predominantly boeing >> always a pleasure. you heard it from the man himself. another day at the singapore airshow. the stories making headlines. the u.s. says commercial satellite images appear to support claims that beijing has to put missiles on a disputed island in the south china sea. also claimed by taiwan and vietnam. at least 28 people have been killed in an explosion. contraryk targeted a -- a convoy of military vehicle stopped at a traffic light. turkey will find those responsible and step up the fight against terrorism. launched aompany has smart phone set to be the world's cheapest. display four inch color and two cameras. the indian cellular association is asking how that is possible. jou

see the oil plays very much happening now, cathay pacific and qantas rising, qantas as much as 6% in sharp iners in tokyo, focus once again. the sharp board meeting today to evaluate these two competing .ffers for this takeover bid over politics in this. sharp falling ahead of this meeting. it was rising the last couple of sessions. hon hai also down. we will have a look at the shakeup at the top at honda, quality concerns persisting after they change their ceo. we've had changes in nine executives, the chairman and eight other executives all leaving. what is the latest? >> we heard the president speaking earlier this morning. pressstill holding his conference in tokyo, trying to put his stamp on the company one year into the top job. he said they will clearly defined roles for various divisions this after they saw their share price coming under significant pressure. the changes see the chairman retire in june, part of the management shakeup. honda shares have fallen around 18% during the 10 year. says have a listen as he that honda really is trying to clearly define these roles. >>

it has been engaged in a price war with qantas. profit that came from a loss of almost $38 million in the previous. . earnings in its domestic .usiness nearly doubled this on the back of their ability to charge more than 9% more for your average fair. emergent stopped short of giving specific guidance, but it does expect to return to profit for the full year. says whilexecutive falling oil prices helped to the company to the tune of $21 million, they are focusing more on efficiencies operationally as opposed to hedging. >> what we can see, we're still profitable this financial year. we are now up to 8% and we are confident we will pick up another one or two points in the second half. despite the impressive data released from britain, stocks extending losses now in sydney. more from virgin australia later in the show. we will hear from the ceo there. stocksup next, chinese have taken a double-digit did this year. our next guest says he is still betting on them. find out why he is bullish. ♪ haidi: welcome back. these are the stories

angie: qantas shares take a dive in sydney, this by rising to a record $666 million in the first halfthe fiscal year. that was better than analysts expected, and in the higher range of the company forecast. cheaper oil also helped boost growth. you decided half a billion in terms of a share buyback. why not a dividend? alan: because of the cumulative tax losses that we have had the last few years, we do not have a huge amount of frank credits left to pay frank dividends, which is important for the australian shareholders. after having a look at the best way of returning the surplus cash that we have to shareholders, we and the board felt buyback was the most efficient way to do that. >> bhp billiton has cut its dividend for the first time in 15 years. it reported a 92% drop in first half profits. underline profit came in at $412 million in the six months to the end of december, compared to $4.9 billion a year earlier. >> what are they doing in this business to counter the downturn? how do you deal with the headwinds? ryan: in a nutshell, it is share and spend less. on the spending cut

air bags that could explode the massive recall already affects at least nineteen million cars the qantas stock is down nearly sixty percent over the past year. subways more. it now costs six bucks that could have stayed start today by the way the restaurant says costs have gone up forcing them to raise prices the companies had that foot long deal since two thousand and seven at least that's what our center for directors not very happy for quite a few people actually pretty good price for size knew i was talking about the weather we're going to see such a huge drop compared to what we've been seeing what monday and wednesday and getting big adjustments coming up we were so warm monday and we called him back in the low fifties on tuesday backup upper seventies that his low seventies upper seventies yesterday and now today this crash in the mid to upper forties so the change adds common and that's always been this whole week lots folks may be fighting since the fools or maybe a little coughing with the rain in the crazy temperature swings it's easy to get caught out there not really prepare

after ten deaths and millions of recalls, investigators say they know what may have caused qantas air bags to explode. al jazeera america. >>> a team of u.s. government disease detectives is in brazil in the case of the zika virus working with brazilian health workers to determine if it is causing a surge in berth defects there-- birth defect there. it is one of the epicenters of the outbreak. this morning the cdc looking into more cases that may have been spread through sex. >> reporter: the cdc hasn't confirmed how more than a dozen people contracted zika, but they say it may have been transmitted through sex. two of the cases involve women who had sex with men who had recently travelled to infected areas >> it looks like zika virus actually can collect in people's bodily fluids. it's more easily found in urine, saliva and also sexual fluids like semen. it now appears that sexual transmission might be happening more frequently than we thought it >> reporter: it is typically spread by mosquitos and the infection causes mild symptoms but it is believed to be linked to thousands of cas