while qatar airways making a stake in mern airlines, don't expect it to change how american views the carrier. in fact, doug parker plans to keep fighting qatar's expansion in the u.s. phil lebeau, "nightly business report," chicago. >>> staples may be going private and that's where we begin tonight's market focus. according to reuters, the retailer is in advance talks with sycamore partners regarding pa potential takeover that could be worth more than $6 billion. shares of staples rode to $9.20. consulting firm ak sen sure beat revenue expectations as the company saw solid demand for digital and cloud services. accenture raised earnings outlook for the year citing a smalling than expected impact from the dollar. swiss drugmaker novarta said its heart treatment reduce the risk of cardiovascular problems in people who previously experienced a heart attack. the drug is already approved to treat rare autoimmune diseases. the company says it plans to begin discussions with regulators to begin the approval process. novartis rose 4.5% to 8634. >>> cost cuts helped barnes and noble post a na

qatar airways opulent shuttles -- popular shuttles will be shut. it is the last thing that the airline needs, following the laptop ban first announced by donald trump. >> we have seen a dip in the traffic between the airports involved in the u.s.. there is an influence to the traffic. >> analysts said the tutor other --lines have this will find analysts say that two other airlines will find themselves affected. >> the ims is trying to rake an impasse over the greek import ban. christine lagarde could formally signed on to the deal but not pay out any aid until creditors agree. germany has rejected the prospect of debt relief. germany has said the proposal of the guard would not -- of lagaurde would not speed up the effort. mexico and the united states have reached a deal to speed up sugar trade. the american producers have failed to endorse the agreement. equity mexico endorse more rock rather than refined sugar. beijing has rejected u.s. calls to reduce -- to release three activists who were detained while investigating a chinese company that make

4.75 shares of american airlines it has indicated in a conversation initiated about by the co of qatar airwaysard would need to approve qatar buys anything more than 4.75%. there has been a conversation between al backer and doug parker foreign companies, by the way are not allowed to own more than 24.9% of any u.s. airline. keep in mind that doug parker has an extremely vocal critic of the persian gulf carriers. it's clear that american doesn't plan to change its stance. it says american airlines continuic to believe the president amend his administration will stand up for foreign governments to end massive carrier subsidies that threaten the aviation industry and threaten american jobs shares of american have moved higher, but get len met stress, doug parker may be the most vocal critic, and how it's her the u.s. carriers not only with their action to the middle east, as well as now their flights over to europe we haven't heard more other than this from the company, curies if we'll hear something regarding this investment from qatar >> the only thing i have heard not directly from parker, th

some analysts are saying that roughly 30% of the revenue could affect qatar airways. >> thank you. back to grant. brent: germany is poised to withdraw its troops from a turkish -- from turkish airways. the germans -- turkish prime minister met with president erdogan to resolve a dispute in both countries. he made no progress. turkey is allowing german lawmakers to visit german military troops at a naval airbase. germany now has no choice but to pull out its troops. >> when he arrived, , still hoped to convince his turkrkish host to o lift the ban but the effort was in vain. german lawmakers are still barred from visiting troops based in intellect. ask i regret this, by the same token, i ask foror understanding that we will have to witithdraw our r soldiers from insula, from our own -- for our own internal policy reasons. 280 german soldiers and six tornado jets are stationed at the nato airbase. they don't carry out airirbase t undertake reconnaissance flights as part of the international coalition fighting the islamic state. germany's opposisition parties e critical of turkey's pos

ties with iran for al bacher called the blockade illegal and said his customers are returning to qatar airways and again using qatar as an aviation after an initial hit to business i'll back or made these statements on the sidelines of the paris air show where qatar airways actually unveiled its luxurious new business class seating said he expects u.s. president donald trump will intervene since quote he knows that we are part of his alliance against terrorism and that we are a major player in his strategy in the region and quote. it may be a sign for millions around the world to duck for cover but for defense contractors it looks like a relative party even in the midst of tighter budgets terrorism and conflict in its many forms has defense investors riding a wave of earnings as defense spending ratchets up again it's been an eye steady increase in the last couple of years take a look at the countries spending between two thousand and sixteen and two thousand and seventeen let's look at the trends that india is up around nine percent over on the left there followed by china at eight down at th

in fact, qatar airways has always been at odds with the u.s. airlines. the u.s.s accuse qatar as well as other big middle eastern airlines of flooding the market with u.s. flights with generous subsidies from the middle eastern governments. one would wonder if perhaps qatar is trying to quell some of the controversy between the u.s. and the middle eastern airlines? >> what are the chances that american airlines says no thanks, we don't want you to stay? >> we don't know, but based on previous statements, you would think that it's pretty good. american has been one of the leaders in the charge against the middle eastern carriers. >> billionaire warren buffett rode to the rescue of canadian lender home capital trying to disrupt property markets. berkshire hathaway took a 38.4% stake and about a $1.5 billion u.s. credit line was given. why would warren buffett be taking a stake in this mortgage lender? such a large one? >> the simple answer is that he got a price he was interested in. this is straight out of buffett's playbook. he said a couple of years ago that ber

and there is a bit of a track record here when looking at qatar airways doing just this. couple of years ago they bought a stake about a 10% stake in i.a.g. which is a holding company for various international airlines. including british airways. and in fact qatar increased its stake and now owns about 20% of that airline. now, there are foreign ownership rules in the united states that prevent that stake going above 25%. and as you mentioned, qatar airways would even need board approval to get up to 10%. but usually the idea is let's get a foothold into this company. and then we can start to wield some influence even if we don't in fact control the company. vonnie: and it's funny. we had the c.e.o. of american airlines in with us last week. and he was very happy with earnings and the outlook for the year and the coming years. let me turn to you now, michael. and ask you will the board approve this? michael: well, that's a good question. my sense is they will take a very hard look at it. nd my -- my sense is they're very except tal. american airlines has been critical of t

in corporate news american airlines today announcing qatar airways wants to buy a 10% stake. w, just this hour, in a letter to employees, american airlines c.e.o. doug parker said, quote, we aren't particularly excited about qatar's outreach. we find it puzzling given our extremely public stance on the illegal subsidies that qatar, emirates have all received over the years from their governments. bloomberg's mike stasso from atlanta. puzzling one way to put it because of the arguments that the persian gulf airliners have received unfair advantages. but also because the president just weeks ago had accused qatar of funding terrorism. mike: yeah. it's kind of puzzling all around. although recently some of the state department have called into question some of the moves by the other gulf nations including saudi arabia and united arab emirates asking them to explain why they have this embargo. so the state department at least has backed off a little bit. but yes. it is puzzling. because there has been some bad blood between american and all the u.s. airlines including delta and un

. >> american airlines saying qatar airways is interested in buying a 10% stake in the company, valued than $800 million. american says it didn't solicit the proposed investment. it won't change the airlines' board composition or management. >> the curious thing is these two airlines have been at odds. carter airways has been touched hasqatar airways always been a odds with the u.s. airlines. the u.s. airlines accuse qatar as well as other big middle eastern airlines of flooding the market with u.s. flights with generous subsidies from the middle eastern governments. one would wonder if perhaps qatar is trying to quell some of the controversy between the u.s. and the middle eastern airlines? >> what are the chances that american airlines says no thanks, we don't want you to stay? >> we don't know, but based on previous statements, you would think that it's pretty good. american has been one of the leaders in the charge against the middle eastern carriers. >> billionaire warren buffett road to the rescue of canadian lender home capital trying to disrupt property markets. berkshire hatha

qatar airways looking to get a 10% stake. and filmmaker and producer sports fanatic ice cube is in the house. we go one on one on his three-on-three league. "power lunch" starts right now ♪ welcome to "power lunch. i'm michelle caruso-cabrera. take a look at community health. 8% moves about 40% of the health care moves are within 1% of at least a 52-week high it's the ipo of the day. shares of altice is up on the first day of trading more on that brian? >> health care stocks are moving on the senate bill news. you have glaxosmithkline and tenet health care, a hospital operator, up more than 8%. ka kayla tausche has the latest kayla? >> reporter: the senate bill is a modification of the house bill passed two months ago but has a new name it's called the better care reconciliation act but like the house bill, it moves to repeal all of the affordable care act taxes and mandates there instead replacing them with tax credits. the senate's bill basing those on income instead of based on age. states can waive coverage of essential h

of qatar airways. this incident with qatar, net profit up 22% for 2017. really good numbers.uropean stocks are to be a second day, partly boosted by french equities. won is after the president hand to drive economic reform. won hand to drive economic reform. the pound hedging higher. euro study as brexit talks begin. we are expecting to be updated the two main people negotiating today in around six hours. this is bloomberg. ♪ the most complicated negotiation of all time, brexit negotiations kick off. and now he has to deliver. and who is next? the industry scrambles for the next big deal with the essence the test s&p for a big time. john for his -- >> features hitting close to a record high. stocks seeing the biggest jump we have seen since april. the rolling crude.

that's what american airline thoosz say about qatar airways plan to buy a stake of his company. and beyond getting hammered today that is coming up. >> let's get to rick for those numbers. >> david, listen we're looking for the new read the may read for new home sales out at 610 units better than expected last month gets a nice revision from 569 to 593. that puts this up just shy of 3% real quickly we want to point out with that revision it still doesn't change the notion that march at 642,000 was the best number basically going all the way back to the '07 area so we want to underscore that but for more granule detail on what this means let's talk to diana. >> well, rick i want to talk about prices because that's a headline for me here we have a median home price of $345,800 that's the highest median home price for a newly built home going back in history. so all of this talk about how they're trying to get that entry level market in the first time buyer building smaller homes doesn't seem to be the case here that's where the demand is on the higher end of the market we're not s

qatar airways has a controversial plan to buy a 10% stake in american airlines and that plan is running turbulence with american ceo doug parker, he's not happy about qatar's proposed investment adding that the unsolicited bid is puzzling and strange. qatar airways will seek to acquire nearly 5% in american and then add to it after getting approval from the company's board regulators. some u.s. and european carriers have accused qatar airways and other gulf airlines from benefiting of government ownership. qatar is denying those claims. lea: in asia, here is a look, nikkei higher by one tenth of 1%. the kospi also higher by 1 third of 1%. cheryl: european stocks and lea you were saying the one-year anniversary of brexit, whether he see if that goes through. the dax right now, all of those indices in the red, just by a fraction on each number. lea: taking a look at u.s. stock market futures ahead of the opening bell. dow futures higher by 5, nasdaq higher by 10. watching oil. cheryl: we shall see what the rest of the trading session on this friday has in store for you. right now oil 42.9

qatar airways wants to buy a 10% stake in american air. of the talk was whether qatar air was in trouble because of the boycotts in saudi and the other gulf space. right now the president is not a big fan of qatar. jonathan: making a significant investment, qatar air wants to ivanka -- or is interested in buying -- qatar air wants to buy or is interested in buying a 10% stake in american airlines. what does president trump think? to think about that a little bit more when that kind of deal crosses the wires potentially. now you think about what the administration thinks about that? troy: it is not a controlling stake or anything that would be strategically challenging to the u.s. obviously looks -- obviously it looks like a potential political motive. but we have not thought that went through. let me take the other side. let's go back to health care. a lot of uncertainty about health care. it could be really damaging to the hospitals depending on what comes out of this legislation. market isock investing in health care. at this point, is t

ihg.invested in the apparent company of the qatar airways.successful airline group based here in europe. also in interestingly, british airways one of the partner companies in that group who has relationship with american american. have immunized joint venture. julia: the problem is they are pushing president trump to tanks these guys. not surprised with the response we got from american airlines ceo. want to see form of investment from these guys? >> it's very unlikely. iagexample i gave there, was warmly welcomed. ceo, they get on perfectly. equallywhat woody is walsh about the gulf carriers. indicated he doesn't believe people should be complaining but celebrating what we've achieved. is not the case as you said american, initial words to staff. doug parker indicate to this approach by qatar airway the backdrop about the three u.s. carriers complained. surprising. julia: great point. scarlet: we should mention, talked about this. the board needs to approve a of 10% of american by qatar. michael, qatar made clear it to build a position whic

yes, qatar airways are having to divert planes around the region.lth on natural gas, and those pipelines are being stopped. the only intervention is from president trump, saying he will calm the rift. he was recently there. i wanted to get your take on there. i wanted to get your take on the run—up to the election in terms of how markets are digesting it. the pound is super—sensitive at the moment. super volatile. as the polls narrow, the tories have anything between a 12 point lead or a 1—point lead. traders are not knowing what is priced in. at the moment, a close tory win, conservative party win for theresa may, that looks likely. anything other than that will lead to volatility. it is so funny, we shouldn't read too much into the polls, of course, the last election told us that, and the eu referendum, and yet we have really wildly differing polls. there really is all to play for? the referendum last year, in the run—up, it seemed a likely remain vote. the pound when surging. it was almost $1.50. and then as the result became clear, it fell away.

qatar's strategy. david: related between big international airways, they resemble international diplomacy. th the marriage. this is not that different. we see it again and again. american airlines a couple of us ago, qatar has states in iag. it's a fairly common thing. i suppose what they would want to do is hope to solve several problems at once. qatar is diplomatically in a spot, just as qatar airways is in a spot. you can solve several problems. you could try and break some of the unity of the u.s. airlines against gulf carries. you can get a voice in washington to talk about the visa restrictions that are a problems were gulf carriers and buff up the image of qatar a bit. >> is it going to work? david: ha! i suspect not. you saw those comments from doug parker. they are pretty tough. a potential major shareholder. misread the mood. american airlines does not attract -- want to attract a twitter thunderbolts from donald trump. it doesn't want to attract from its pilots union. growth.s benefiting from a we had some air traffic control privatization which is in the airlines wants. thos lap

qatar airways as you have mentioned as well.we will see precious on the peg to the dollar. —— we will see pressure on the peg to the dollar. they do have reserves to maintain the peg, but as this conflict last longer, we will set pressure on liquidity within the banks. and as sally outlined, so many investments from qatar around the world, it has been active in spreading the wealth around the world so it has a diverse economy. how long does this crisis last? no one really knows. but what are those ripple effects around the world? one really knows. but what are those ripple effects around the world ?m is going to be very hard for the qatari authorities to prove to these countries that there will be a change in policy. they are asking for a very big change, so you have to make a big move to showcase and prove that the foreign policy is going to change and that will be quite difficult from qatar's perspective. so this might last a little longer than we saw in 2014. you mentioned some of the investments within the world, but also a

that was the boss of qatar airways.liton to upgrade its board of directors. this comes as the move to choose a new chairman. electronic giants have been grabbing headlines at the largest gaming show in the world, e3, not least nintendo, which has introduced a number of new games. all these games are being launched for the iran. but after dominating the industry for decades, japanese and these are now struggling with a petition. earlier, i spoke to david haig about why. struggling with a petition. earlier, i spoke to david haig about whym the 90s, they had the discipline and ha rd the 90s, they had the discipline and hard work, they had the product around the world. —— iran. but now there are several other countries. —— david haigh. there are several other countries. -- david haigh. why have these companies fall behind and koreans and chinese caught up with an? one of the things is culture. —— up with them. in china, india, they argue that they change things and they rapidly change. they fulfilled the lines as they arise

the region thursday american airlines disclosed it recently received an unsolicited notice from qatar airways that the state owned company intends to buy a ten percent stake in the american company in order to get that go ahead to acquire that large of a share qatar must get permission from the company's board of request american airlines says the board has not yet received and ownership laws do keep foreign companies from purchasing twenty five percent or more informed voting interest in a regulatory finding american airlines made it clear their proposed investment was not solicited and would in no way change the company boards composition governance management or strategic direction and the trump administration's strategy with venezuela's government could spell out more sanctions if the government does not change its behavior according to u.s. officials cited in a political article the country's been catapulted into chaos with expanding economic and political crises now venezuelan president nicolas maduro is vowing to rewrite the constitution in a country that's been denied regional electio

looking to buy at least eight hundred eight million dollars worth of stock on the open market qatar airways claims the top spot in sky tracks annual world airline awards even as it suffered in recent weeks over the price. this between doha and its middle east neighbors accused of funding terrorism in the region thursday american airlines disclosed it recently received an unsolicited notice from qatar airways that the state owned company intends to buy a ten percent stake in the american company in order to get that go ahead to acquire that large of a share qatar must get permission from the company's board of request american airlines says the board has not yet received and ownership laws do keep foreign companies from purchasing twenty five percent or more informed voting interest in a regulatory finding american airlines made it clear their proposed investment was not solicited and would in no way change the company boards composition governance management or strategic direction and the trumpet ministrations strategy with venezuela's government could spell out more sanctions if the govern

anchor: qatar airways may seek legal recourse.arrier says it is assessing the longer flight times it faces because it is barred from saudi , your unique, egyptian uae, and-- from saudi, egyptian airspace. we have a lot of new destinations we are launching an we will expedite those launchers and qatar airways will continue its growth. we do not get intimidated. we will find new markets. and a report into last year's fatal crash of a self driving tesla model. they fail to say what caused it. the car had hit a truck in florida, killing me driver -- killing the driver. it was in a zone limited to 65 miles per hour. regulators found no defect in the autopilot system and said the owner had ignored warnings to maintain control even in driver assist mode. sounds like there is more to that story. 20 more still to come with a asia's first major market open. yvonne: sophie kamaruddin. sophie: so much for that tech we have been talking about. i.t. shares led the rebound on wall street. let me take a look at how is a is set at the open when it

these are for small countries here in the region and qatar airways has a network of 150 destinations. relies on long-haul routes and long-haul traffic really. that's where its business is. not so much in getting a lot of traffic from the middle east regions. we think the impact their will be minimal. what is the real sticking issue here is whether it saudi arabia is going to cut off its airspace , because that would be problematic for the airline. the costsking about of fuel, we are talking about longer flight time, that could be very costly. dinner, thanks very much. dana camel there. certainly a massive story for deena on this monday. i want to break the german pmi numbers. a slightces number is beat here at 55.4 compared to 55.2. that was a survey expectation. the composite number is 57.4, also a slight beat other than 55.3 estimate in our survey. german pmi beating after we had a little bit of a bead on the composite number four spain, a little bit of a bead on the composite number four spain, slight miss on the composite number four italy and for france. mess, it still 56.9 is no

the success of qatar airways has made it a major aviation hub.y have been grounded because of airspace closures. and it's a huge employer of migrant workers — many of whom are working on stadiums for the 2022 world cup. families from india to the philippines depend on the money they send home. there are half a million workers from india alone in qatar. so how serious could the economic impact be? joining us now, laura james, senior middle east analyst 0xford analytica. give us an idea of how important it is that this is solved quickly. it's important. the most obvious is food imports. qatar is completely food independent. around 10%, especially most of the dairy and more of it is shipped through ports controlled by dubai, for example. if we then lurk at the impact on the air sector. in advance of the 2022 world cup. if we look at how migrant workers will be affected. it's an extremely serious impact. for those reasons alone, do you think qatar will have to give ground here? at the moment, it is not doing so. it's a question of who is going blink

american airlines has received an "unsolicited" approach from qatar airways which wants to acquire 10%buy at least $808 million of its shares — and it would respond "in due course". analysts say qatar could be trying to strengthen its relations with the us amid the diplomatic crisis with its gulf neighbours — and complaints from us airlines over alleged unfair government subsidies let's ta ke let's take a look at the markets as they are going so far. you can see the markets in asia, they are ever so slightly. in fact, this week, the nikkei has touched heights it has not seen since 2015. brent crude, we have been talking about oil, you can see that even though it has entered this bear market, it has come up a little and perhaps stabilise. let's move on. we can see how america closed last night. not a great session on the rack and markets. the dow and the snp are down. keep an eye on that healthcare bill next week. any turmoil can affect the markets. —— the american markets. there's a warning the government's deal for a new nuclear power plant at hinkley point is "risky and expensive". t

. >> yeah breaking news american airlines received a notice qatar airways making a significant investmentn airlines, american airlines shares up 5 3/4% qatar airways making a significant investment in american airlines we agree qatar airways is greet airline named top airline in the world, but buying into american airline at time all this fighting going on, gulf states cutting their business with qatar say qatar supports terrorism your thoughts? >> if you look what is going on in the airline industry they are getting massive dividend because oil is cheap the business has been very, very attractive they are jumping in when they think right time i hear you on the other side of the issue, raised last hour concern about qatar investments in the u.s. >> if you like u.s. economy they like investing here, so good investment look, the airline industry looks very good now because of -- oil is low if oil rises they get decimated. >> when we come back senate to unveil its plan, to repeal and replace obamacare, how markets are reacting ahead of the news nancy pelosi feeling heat in the house, the gro

it is also talking to other carriers such as qatar airways, which owns one—fifth of its parent iag, aboutervices. well, upsetting its customers again is the last thing ba needs after a major it crash last month stranded 75,000 passengers. the financial cost, some $100 million, but the cost to ba's reputation is possibly much greater. the bbc‘s richard westcott spoke to ba boss alex cruz at the time. he suggested that since mr cruz took overjust over a year ago, ba has had an image problem because of cost cutting — even down to charging for sandwiches on short—haul flights. there has definitely been a reaction from the buying on—board for example and certainly this event over the last two days have affected the image at we have also committed to over 400 million pounds of investment around the product and beyond and we are going to continue investing in ba, ba is a great airline and has always been a great airline and has always been a great airline and has always been a great airline and we are committed to making itan airline and we are committed to making it an absolutely fantastic airl

qatar airways plans to purchase a stake in american airlines. but it comes with serious questions after qatar had all diplomatic ties with neighboring arab nations cut over its ties to terrorist organizations. maria: the senate could vote on a healthcare bill as early as this upcoming week. president trump is still looking for a major legislative victory and so is the stock market. it wants the trump pro growth agenda made into law. scott, great to see you. thanks for joining us. your firm hold sick healthcare-related companies in your portfolio and you are the chair of the brigham healthcare system. how will it impact? >> i think the complexity of the healthcare issue is great. we all know that. we are trying to provide good quality care for every american and reduce the overall medical expense. and the healthcare plan the thee considering in congress has the problem of trying to make trade-offs based on the way we deliver conventional services. we look at how we do that. but at a level of expense that is more rational, given the pressures that

to buy significant stake in his company all this reporting in wall street journal and qatar airwaysis trying to push for american market. that means buying about $808 million worth of stock in american airlines. there's the stock. the world's largest airline. market value roughly 24 billion, stock basically is flat going into friday trading, maria. and the federal reserve's stress test are making the case for easing bank rules, the fed saying the largest u.s. banks survive a hypothetical stress test and could continue lending after a deep recession. this does give ammunition to the trump administration. they want to crack down on regulations put in place after the financial crisis. financial sector, though, the stocks anyway looking good in the premarket. back to you. maria: bank of america best performer there. stress test, they've become easier. the banks are holding a lot of cash, kevin kelly. kevin: they are beating the requirements. the talk is about what they are going to do with that, are they going to have more distributions. maria: pay dividends. kevin: that's the biggest t

delta and united expressed concern about qatar airways. and therefore, an unfair advantage. a fairly flat session for the european indices. they closed just above the flat line. the health-care sector rose about 2%. positive results from the study about drugs used to treat heart attack survivors. meanwhile, wall street is trading upwards. and the aviation industry leading gains there. and the efforts to replace the existing health-care legislation known as obama care. opening bell was rung by the french israeli businessman. it was priced at $30 per share raising $1.9 billion. raised $3.9 billion. they merged cablevision and sat link immunity -- medications. jobs by 2021 despite stronger-than-expected profits from last year. the french tire maker said it would not force lay offs but would not replace all the workers who retire or leave the company over the next four years. the french workforce will be the brunt of the changes. part of a companywide restructuring designed to boost productivity and performance. chinese regulators are increasing oversight of some of the country'

. >> corporate news on the radar american airlines ceo doug parker says he is not happy with qatar airwayslans to buy a 10% stake in the company parker telling cnbc's phil lebeau he found yesterday's offer confusing, adding why an airline we're aggressively fighting would want to take a stake makes no sense he wonders if the motivations were misguided and ill conceived. news sent american shares sharply higher in yesterday's session. >> one surprising thing on this story is that he wasn't aware of this coming through. particularly given they're part of the one-world alliance, american alliance, british airways, qatar airways and qantas, they share their schedules so you can book respective flights so you would think they would have a stronger allegiance not only did he not know about this investment and didn't like it, but he also seemed to say we are fierce rivals and fighting those sorts of sky alliance partners, i would have thought, had more conversations than that >> interesting to see how geopolitics is injected into corporate america in some way. >>> on the earnings front, shares of

luxury less multimedia is the new concept of qatar airways.line has been hit hard by the blockade imposed by other countries and -- >> we have had a lot of consolations -- cancellation, especially from countries to do the blockade. but we found new markets and this is our growth strategy. reporter: it is mostly connections to your. -- europe. helena: as you can see, plenty of foot in the world of aviation. boeing -- plenty afoot. let's talk to jens. boeing is wrapping up the competition with airbus. is it paying off? jens: well, what we saw recently, especially the bingo -- bigger single aisle planes, certainly airbus was profiting from that. so now boeing is bringing out their biggest narrow-body plane so far. wall street seems to like it. the stock among the bigger winners on wall street. overall the airplane market still seems to be strong and enough to support more than one big airplane maker. airbus also traded to the upside on the european markets monday. helena: in other news, donald trump sitting down with tech ceos. what can we expect

qatar airways is one of the major long-haul carriers. use that as the gateway to europe and the united states. have arabia and airlines already said they will suspend flights on tuesday until further notice. decision will also deprive the emirates of imports. food is imported from foreign sources. much of it comes from the middle east. saudi arabia and the emirates are the top two suppliers. they are reliant on food supplies from saudi arabia. closing the borders is a serious challenge. qatar says there is no legitimate justification. the have vowed that the decision won't affect them. genie: the president of venezuela is pushing ahead with implementing a constituent assembly. that will have the power to rewrite the constitution. a vote to elect members is scheduled for the end of july. the opposition has written it off as a sham designed to let him claim power. venezuela has been in a state of unrest since protest called for the president to step down broke out in early april. we have more. >> the embattled president wants to implement

qatar airways says it will compensate people and re—routing them. says it will compensate people andcross that narrow stretch of sea, i think it is the largest, if not the largest gas field in the world and that's what its fortune is based on. the qatar investment authorities, something like $350 billion worth of investments around the world and it has made its money out of that. depending on how long the crisis goes on for that will affect the way in which the qia invest its money around the world and one of the places where it invests a great deal amount of money is london and they invest in the shard, it invests in harrods and things likes vast amounts of property. it is meant to own more property in the uk than the queen of the it is a big, big investor. it will take time before any of that is affected. it has big investments in the stock market and we have seen the stocks invested in glencore and sainsbury‘s come down today. there is a little bit of anxiety about it. if this one goes on for a long time it could have serious effects. 0k, more from you later on.|j serious effects.

trish: qatar airways announcing plans to buy a 10% stake in american airlines.y will purchase 17 million shares of american airlines stock worth around $808 million. american ceo doug parker says he is not so happy about this one, quote, not happy about the move, calls it, quote puzzling an strange. the two airlines have been at odds for years. qatar airways being accused of taking illegal subsidies from its government, a government now being accused of sponsoring terrorism. so why is this middle-eastern airline so eager to buy its way into the united states with american airlines? joining me right now, bullseye brief founder adam johnson. what i found it so intriguing about this, reminds me of big issue dubay ports. >> yes. trish: remember dubai tried to buy stake in our ports. >> 2006. trish: that didn't fly with anyone. became very political. >> right. trish: similar way, perhaps even bigger way, talking about airlines and talking about a country known to sponsor terrorism -- >> sure. trish: for them to buy a 10% stake in american airlines, will they get a to

in response to shortagages, tetn has someme food anopenenedts airspace to the national carrier, qatar airwaysqatari foreign minister is french counterpart in paris as part of a dramatic initiative -- diplomatic initiative. >> qatar is willing to sit and negotiate and discuss what the effects are on security of the gulf countries. if we are interfering -- this is something known has the right to discussion -- discuss. reporter: the crisis could have far-reaching effects in qatar. the construction of stadiums won't be affected for the world cup. fifa is hoping the situation will return to normal. brent: if you are a fan of football and golf, we have the perfect pastime for you. footgolf. it held his first major tournament of the season in the netherlands, the capital cup. reporter: for the fledglingng spsport of footgolf, this was the biggest event in its short history. men and women competing alongside each other. the hybrid sport sees players score points by kikicking regulation footballs into oversized golf holes. there was plenty of skill on show with foot golfers driving and putting their