london city airport has been closed after a world war two bomb has been found nearby in the river thames. live from london, that's our top story on monday 12th february not cleared for takeoff — thousands of passengers will be affected as all flights are cancelled at london's city airport. we will have the details that you need to know. also in the programme: barclays bank is charged by britain's serious fraud office over a loan to the state of qatar in 2008. and it is a new week on the market and this is how the numbers look... investors keeping a very close eye on inflation and we will explain why. and we'll be getting the inside track on the man who's business is a bit of a mouthful — with the boss of of a mouthguard firm that supplies the england rugby team. and remember you can get in touch with us, about any of the stories we're covering this morning. just use the hashtag #bbcbizlive. hello and welcome to business live. it isa it is a busy show, so let's get started with news that... london city airport has been closed after a world war two bomb was found nearby in the river thames

has been closed as a safety precaution after the discovery of a world war two bomb in the nearby river thames parts of the east london area have also been cordoned off as the navy and police deal with the unexploded device now officials have asked people to stay away from the area and the travel frenzy is well underway in beijing and other parts of china as people head home for the chinese new year most will be taking the train to join their families for celebrations nearly three million trips are expected this year alone it is the world's largest movement of people within a short times. russian investigators are searching for clues as to what brought down an airliner on sunday outside of moscow killing all seventy one people on board the saratov airlines regional jet disappeared from radar screens about four minutes after takeoff russian president vladimir putin has ordered a special commission to lead the probe into the crash. there battling the biting cold to find answers to want to brush his worst ever plane crashes but with the site covered in six no it's like looking for a needle in a h

london city airport has been closed after a world war two bomb was found in the river thames nearby. cancelled with passengers advised not to travel to the airport and to contact their airline. its largest operator, british airways, has cancelled the majority of monday's departures and arrivals. the state of new york has filed a lawsuit against harvey weinstein, his brother and their production company, alleging the company's executives and board failed to protect employees from weinstein. the lawsuit comes four months after the hollywood mogul‘s career ended in disgrace over allegations of sexual misconduct from more than 100 women. $5.5 billion of criminal money in europe is being laundered through a crypto currency. regulators and industry leaders need to work together to tackle the problem. remember airbag maker takata, which went into bankruptcy after its products' explosions caused hundreds of injuries? well, there are reports that its us unit has reached a settlement to end bankruptcy. let's go to our asia business hub where rico hizon is following the story. some of the! brin

the bomb was found in the river thames during development work at the airport.tish airways and city jet, were forced to cancel flights. global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. i and taylor riggs this is bloomberg. tom: taylor, thank you. we want to get through this data quick. features up 30. got futures up 288. , not big figures, but we are getting there. the dow, we forget where we ended up on friday. i'm sorry, folks, not bad. bond should be green, up two basis points. higher yield this morning. francine: i'm looking at six. stocks in europe overall are climbing. s&p futures also rising. if you look at the dollar decline, is supported with metal higher. very good. let me look at lehman lows. and george bory. i decided to look at the bond market. total return index. here's the lehman low, and equity kind of thing, i guess. here's a terrible bond pullback. bond pullback.e we need to put things in perspective. francine? francine: this is my perspective. this is s&p 500 chart back to 2004. ,very ti

it was tuned in the river thames. london police evacuated the area. 700 feet of the bomb and the royal navy has been called in to help. it's certainly somewhat of a bizarre story. i'll keep my eye on things throughout the morning. luckily, this is not affecting london's heathro airport, which is the big international hub. back to you. >>> jessica, thank you. >>> california's north coast vineyards produced $1.5 billion of grapes last year according to the department of agriculture. 464,000 tons were produced in the area. that's 8% higher than 2016. the report says the weather played a big factor in prices for wine grapes and tr. >>> it could be the site of 1100 new homes. tonight they want public feedback. the balboa reservoir development is proposed at ocean and fay avenues. the meeting starts at 6:00 tonight at san francisco city hall. >>> fargo knows what went wrong in a mistake affecting 40,000 people. theback admitted that it signed up hundreds of thousands for insurance they didn't need, sometimes without their k

been closed as a safety precaution after the discovery of a world war two bomb near boy nearby river thames parts of the east london area have also been cordoned off as the navy and police deal with the unexploded bomb officials have asked people to stay away from the area a travel frenzy is well underway in beijing and other parts of china as people head home for the chinese new year most will be taking the train to join their families and loved ones for celebrations nearly three billion trips are expected this year alone it is the world's largest movement of people within a short time spent on russian investigators are searching for any clues as to what brought down an airliner on sunday outside moscow killing all seventy one people on board the saratov airlines regional jet disappeared from radar screens about four minutes after takeoff one flight recorder has now been recovered but so far the cause of this crash remains unknown much like the aircraft came down on snow covered ground just outside moscow the saratov lines jet was carrying sixty five passengers and six crew emergency servi

the device was found in the nearby river thames. today. tolu adeoye told us the latest. you can probably see the empty runway behind me. normally you would expect planes to be taking off and landing every 20 minutes but everything was cancelled today, 261 flights, affecting 16,000 passengers, after the discovery of a world war ii bomb. it was discovered near the airport at around 5am yesterday morning and the decision was taken to close the airport at 10pm. we heard from the ceo, robert sinclair, who said he apologises and recognises the inconvenience to passengers. this airport deals with both domestic and european flights for airlines such as british airways, flybe, klm, lufthansa. some flights are being transferred to other airports but people are being asked to check before they travel, with major disruption. there is a 200—metre cordon in the area. many residents were evacuated from their homes. we are told things should be up and running again tomorrow morning. time for a look at the weather. i think the weather will be up to

london city airport has been closed after an unexploded world war two bomb was found in the river thamesxclusion zone around the airport while bomb disposal teams make the device safe. passengers are being advised not to travel to the airport. a luxury saudi hotel that served as a detention centre for dozens of princes and top officials has reopened. princes, ministers and businessmen had been held at the ritz—carlton hotel in the capital riyadh since november, as part of the kingdom's anti—corruption drive. it's been a week sincejerome powell took over as chairman of the us federal reserve — a week in which global stock markets have plunged. oliver cornock, editor—in—chief of oxford business group joins me now. welcome, oliver, good morning. one week sincejerome welcome, oliver, good morning. one week since jerome powell took office, it has been a week on the market, is this the future or was that a blip? difficult to say, there is an irony that the good data that has come out of the us, the davos speech by christine lagarde about the rebel growth has precipitated this decline in global

has been closed as a safety precaution after the discovery of a world war two bomb in the nearby river thames parts of the east london area have also been cordoned off as the navy and police deal with the unexploded device officials have asked people to stay away from the area and the travel frenzy is well underway in beijing and other parts of china as people head home for the chinese new year most will be taking the train to join their families for celebrations nearly three billion trips are expected this year alone it's the world's largest movement of people within a short time span. turning now to south africa where top leaders of the ruling a.n.c. party are meeting to decide the future of the country's embattled president jacob zuma he has resisted enormous pressure to resign since being replaced as party leader in december the succession rest threatens to tear the a.n.c. party apart new leader cyril ramaphosa pledged a new beginning at celebrations honoring party icon nelson mandela. m r r the agency's new leaders cyril run pose a rousing party supporters with the anti apartheid rallyin

city airport remains closed, after an unexploded bomb from the second world war was found in the river thamess discovered in the early hours of sunday morning forcing the evacuation of the neighbouring area. work to dispose of the device should be completed by tomorrow. barclays bank has been fined by the serious fraud office in relation to a £2.2 billion loan, provided to the state of qatar in 2008. the bank has been accused of unlawful financial assistance, which is banned in the uk. its parent company barclays was charged with the same a government report suggests politicians and industry leaders have exaggerated the potential of fracking for gas in the uk. the industry said a fracking boom would see 4,000 wells drilled by 2032. but a newly—released document predicts fewer than 200 wells will be constructed in the next seven years. british tourists will be able to resume package holidays to tunisia from tomorrow for the first time since a terror attack claimed the lives of 38 people at a beach resort in 2015. the first fully booked flights from manchester and birmingham will be operated by

london city airport has been closed after the discovery of a world war two bomb in the nearby river thames parts of east london area have also been cordoned off as the navy and police deal with the unexploded device and police are being asked to stay away from the area. for a very turbulent week on the markets so how are they doing today back and pretty much call it a roller coaster ride hasn't stopped it's going up and down like nothing on earth unless you're investor of course roller coaster rides aren't that much fun the last couple weeks or new york stocks down ten percent and officially entering a correction amidst wild volatility this week trading got underway with the dow jones on wall street leading by three hundred points at the start this is all back slightly to about three thirty points and certainly sparked by fears of growing inflation which could force faster than expected rate rises of the federal reserve all eyes this week will be on the us inflation figures that a jew out on wednesday if the rate tops one point seven percent it could be a case of hang on to your hats again

the bomb was discovered by divers in the river thames.n the tides, the operation should be over by tomorrow morning. kensington palace has announced more details of the wedding of prince harry and meghan markle at windsor castle. the service, in st george's chapel, will begin at midday on may the 19th, avoiding a clash with the fa cup final. here's our royal correspondent nicholas witchell. they are said to be closely involved in the arrangements for their wedding, which is now a little less than 1a weeks away. as already announced, it will take place in the historic setting of st george's chapel within windsor castle on saturday 19th may. the service will begin at midday with the dean of windsor officiating, and the archbishop of canterbury, justin welby, leading the service itself. room within the chapel is limited, there'll be space for around 800 guests. but after the service, at one o'clock, the couple, married, as they will be by then, will set off in a carriage procession, through the centre of windsor and then a long walk back to

the 1100-pound device was found near the river thames.a that was heavily bombed during the war. some of the other stories beyond our bordersve tonight. we'll be right back. otezla is not an injection or a cream. it's a pill that treats psoriasis differently. with otezla, 75% clearer skin is achievable after just 4 months, ... with reduced redness, thickness, and scaliness of plaques. and the otezla prescribing information has no requirement for routine lab monitoring. don't use if you're allergic to otezla. otezla may cause severe diarrhea, nausea, or vomiting. tell your doctor if these occur. otezla is associated with an increased risk of depression. tell your doctor if you have a history of depression or suicidal thoughts, or if these feelings develop. some people taking otezla reported weight loss. your doctor should monitor your weight and may stop treatment. other side effects include upper respiratory tract infection and headache. tell your doctor about all the medicines you take and if you're pregnant or planning to be. ♪ otezla. s

the device was found in the nearby river thames.ng today. a massive search is continuing in snow—covered fields outside moscow where a russian passenger plane crashed on sunday, killing all 71 people on board. hundreds of people are looking for bodies and wreckage from the airliner, which came down minutes after taking off. steve rosenberg reports. in frozen fields near moscow, this is all that remains of flight 703. cctv cameras captured the moment the aircraft smashed into the ground and exploded in a fireball. its wreckage strewn for a mile across the russian countryside, half buried in the snow. conditions were treacherous. the emergency services struggled through snowdrifts to reach the crash scene, but it quickly became clear this was no rescue operation. theirjob was to recover the bodies. the saratov airlines flight had taken off from moscow's domodedovo airport with more than 70 people on board. it was bound for 0rsk, 900 miles south—east of moscow in the ural mountains. but minutes after take—off, the plane disappeared fro

the device was found in the river thames.check with their airlines before travelling this morning. a new campaign aimed at promoting the benefits of shared parental leave will be launched by the government today. the leave allows working couples to split up to 50 weeks between them to care for a child in the first year of their birth or adoption. but only 2% of families have taken part in the scheme since its launch three years ago. an nhs campaign is telling parents to take children to a pharmacist if they only have a minor illness. the ads, featuring the voice of a young child, aim to relieve the pressure on gp‘s surgeries. here's our health correspondent, james gallagher: morning. how can i help? i'd like some advice for my daughter, please. when the kids are ill and you need medical advice, do you think of the pharmacy? this nhs campaign says tummy troubles, teething, and coughs are all best dealt with by a high street pharmacist. it's part of a drive to relieve pressure on doctors' time. figures released as part of the s

now been closed as a safety precaution after the discovery of a world war two bomb in the nearby river thames parts of east london have also been cordoned off as the navy and police still with the unexploded device officials have asked people to stay away from the area. russian investigators are searching for clues as to what brought down an airliner on sunday outside of moscow killing all seventy one people on board the saratov airlines regional jet disappeared from radar screens about four minutes after takeoff russian president vladimir putin has ordered a special commission to lead the probe into the crash. there battling the biting cold to find answers to one of brushes worst ever plane crashes but with the culprit in six no it's like looking for a needle in a haystack. nearly one thousand people as well as drones and snowmobiles have been deployed to comb through the icy fields. we plan to continue the main stage of search and rescue operations fifty seven days. the wreckage is scattered across a very large area the snow is heavy and the terrain is difficult. because believe it or the i

destabilizing rivalry the country suspicious of each other's intentions in the battle for control of the river thames transponding see consultation was not up to me to come to this because of some unknown field struggle over them but this time on al jazeera. this is al-jazeera. and i'm rob matheson this is the news hour live from doha coming up in the next sixty minutes i think the man i think it's terrible you want to know the truth i think it's a disgrace the f.b.i. stands accused of abuse of power in a memo which is dividing washington and asks more questions about the relationship between russia and the trump campaign plus. protests in kenya after another arrest over the mock inauguration of opposition leader. also . you know that i can't do that that's now legal. the father of three sexually abused girls lunges a convicted paedophile. and. i'm stuck fast reporting from about lost for additions and a rapidly disappearing unique culture of the people. a memo criticizing the f.b.i.'s investigation into raw. meddling in the twenty sixteen presidential election has been released after it was declassi

it was found in the river thames. and sitter jet -- city jet were forced to cancel flights. global news 24 hours a day, powered by more 2700 journalists and analysts in more than 120 countries. this is bloomberg. alix: equities, futures in positive territory after stocks closed the worst week in two years friday with corporate credit spreads finally starting to blow out well. have we hit the bottom? no. model -- fed model says it's looking at the yield on the 10 year and on the s&p. the current earnings yield and the ratio is the bottom panel and that dotted line you see is typically the average where we reside. it seems to imply the earnings yield has more upside for the s&p, which means more downside for equity prices. joining us is peter borish and tom mortimer-lee. if you take a look at the fed model, first of all, happy monday. do you think we need to rerate 10-year yield even higher? peter: the evidence is indisputable and the question is where are we in the cycle? we are very near the ian of the cycle. in this

airport were canceled after an 1100-pound unexploded world war ii era bomb was found nearby in the river thames work to remove the bomb will continue into tuesday. >>> and singer vicdamone has passed away. he passed away in miami beach on sunday he was 89d years old. >>> you're up to date. that's the news update this hours. back to you, courtney. >>> thank you, sue >>> a quick check on the markets. the dow jones industrial average up almost it was up 456 points we're watching some key helps there. 2655, up 1.4%. the nasdaq is up more than 1.4% at this point. energy, financials, materials are the best performing sectors. real estate in the red >>> "new york times," a market bright spot amid the recent volatility, shares up 8% over the last week. not many companiescan claim that better than expected fourth quarter profits. the stock sits at around ten-year highs digit at subscriptions grew, and that helped offset a decline in print sales. joining us now is mark thompson, ceo of "new york times." mr. thompson, welcome back good as always, to see you. >> hi there. hi, tyler. >> i'm a print subscrib

the bomb was discovered in the river thames.rt were canceled yesterday. global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. i'm taylor riggs. this is delivered. tom: that's a great story. nejra cehic, tell us about the london city airport. all we know is heathrow and maybe we flying to get look once in our life. what is the london city airport? nejra: london city airport is smaller than the others and is mainly targeted to business travelers. in many ways i'm a big fan because you get through everything really quickly. one bug that i had with it as i wanted to get moisturizer and i can only find one kind of moisturizer in the airport. that's a little bit of feedback coul. overall it's great. tom: we supply it for free on the "surveillance" golf team . equities, bonds, currencies, commodities. futures get back a little bit. i've no clue where the markets will be at 2:00 p.m. today. dow futures -162. dollar weakness, euro strength, back tohe vix, 26 26.27. still nicely below an

london city airport shutdown on sunday when construction crews found a world war ii bomb in the thames river nearby. operations to remove the bomb are ongoing. the navy with the exclusion zone in the area to keep the public safe. all roads leading into the small london airport closed overnight. that happens from time to time. think about the blitz on the city of london. >>> more rain in the forecast tonight in cape town, south africa. welcome sight for the city in the grips of the crippling drought. residents gathering buckets to wash clothes and flush toilets. the largest reservoir is at dangerously low levels. day zero is when cape town is expected to run dry is now may 11th. >>> prince harry and meghan markle will exchange vows in the st. george castle. new details from the royal family. after the procession, the couple will go through a carriage before finishing back at the castle. it is scheduled for noon london time. convenient for u.s. viewers who want to see the prince marry an american. >>> let's get a check on cnn money stream. after the turmoil, global markets higher. most europea

reopening this morning more than 24 hours after the unexploded world war ii bomb found in the thames rivermb was safely removed and transferred to the secure location. the airport in southeast london is back to business as usual. >>> two baltimore detectives convicted of robbery and racketeering. renewing rup renewing corruption change charges in the police department. others in task force pleaded guilty. the officers stole cash and drugs and other luxuries while pretending to seize them for legit reasons. thousands of cases handled by the task force now questioned by defense attorneys. >>> the principal at the philadelphia school is paying eigh eighth graders not to fight. the principal says if all eighth graders make it to graduation without violence, each gets $ 0 $100. the principal hopes a sponsor will come forward, but if not, she will put up the money herself. >>> speaking of money. let's get a check on cnn money stream. global stocks and uch.s. future lower. wall street rebound. dow shot up 410 points. both the dow and s&p 500 notched biggest two-day percentage jump since 2016. vol

in 2011 we are doing a preview of the london marathon and they kicked his ball into the river thamesnutes as well. the nhs will be bankrupt unless victims of negligence are paid less in compensation. health service leaders have written to thejustice secretary calling for the payments to be cut. according to the letter, the nhs in england spent £1.7 billion on clinical negligence claims last year. niall dickson, chief executive of the nhs confederation, joins us from our london studio and is among those calling for a cap. thank you very much forjoining us this morning. tell us why you are calling for a cat. the reality from the prime minister downwards is that eve ryo ne the prime minister downwards is that everyone accepts that the health service is under enormous pressure, which means our members are making decisions on a daily basis about what they can provide and what they can‘t. we‘ve got to a situation where criminal negligence claims have become really neither fair nor affordable. as you said, £1.7 billion last year. the pipeline of claims, things coming towards the health serv

the lights changing according to the tide rising and falling on the river thames, and the campaign wase seventh of june 2016, the 150th was actually unveiled on the seventh ofjune 2016, the 150th anniversary ofjune 2016, the 150th anniversary of the first mass petition submitted to parliament calling for women suffrage, and it is quite spectacular, more than you can say for the weather if you like it warm. it is cold inside westminster hall but even colder outside. temperatures around east anglia, —2, falling to —4 overnight, and some snow showers, and the risk of ice almost anywhere. starting the forecaster nine o'clock in the south—east, a lot of dry weather but a few wintry showers around across parts of the midlands. falling snow in the east midlands overnight, and also east anglia. a few flurries further north, and then we run into the narrow band of snow across northern england, southern and parts of central scotland. north of that, clearer skies, but also some snow showers in the north and west of scotla nd showers in the north and west of scotland and northern ireland. into wal

ae "wimbledon" tennis tournament, a tour of westminster abbey in london, and a cruise down the thames river. the department's inspector genel said shulkin improperl accepted the wimbledon tickets, and direct department staff to plan a sightseeing schedule. he also said thashulkin's chief of staff misrepresented details about the trip, going so infar as to alter an email order to allow taxpayers to pay for shulkin's wife's expens. the inspector general said shkin should reimburse the treasury for the cost of his wife's travel. he also he shulkin should offerw to pay hbledon host for the cost of the tickets, and if she declines pay that money to the u.s. government. in a letter to the inspector general, slkin said the report "does not appear to be accurate or objective, and it contains the thread of bias." shulkin is not the first trump cabinet member to be questioned about travel practices. trterior secretary ryan zinke, and e.p.a. adminator scott pruitt are all under investigation by their department's internal watchdogs. last year, health and humanrv es secretary tom price quit after his u

the bomb was discovered by divers in the river thames, and police say they should be of to give the allists say they're on an urgent mission to document the marine eco system of the continent, hidden for more than a hundred thousand years. our science correspondent victoria gill has the details. a new perspective on a 6000 square kilometre swathe of floating ice. so the iceberg is 150 kilometres long, 50 kilometres wide, and will be about 150 metres deep. you will be able to see the first 20—30 metres above the water, and everything else is underneath. the trillion tonne a—68 iceberg is gradually drifting away from the antarctic continent and into the sea. it's these ice—filled waters and the sea floor beneath them that scientists are now eager to explore. in the british antarctic survey vessel, the james clark ross, a team will spend three weeks studying the marine life that has been locked away here for millennia. they've described it as a treacherous but urgent mission. there are likely to be new species discovered, as researchers seek out the creatures that make their home beneath t

see that this might is rarely an overgrown prehistoric river that once flew down from the mountains of norway, was fed by its tributaries the thamesitory known, they all now lost to history. in 1986, margaret thatcher had the vision to heal the ru ptu re thatcher had the vision to heal the rupture with the first dry crossing and it is notable that eurotunnel is now calling for both sides of the channel to prepare for a second fixed link. it seems incredible to me that the fifth and six most incredible powerful economies in the world should be connected by one railway line. i accept the solution isa railway line. i accept the solution is a few years. we need will be upon as fast. i say this to signal something about the attitudes that should inform brexit. it is not about shutting ourselves off, it is about shutting ourselves off, it is about going global. it is not about returning to some 1950s menu of spam and cabbage and liver, is about continuing the astonishing revolution in tastes and styles and the arts, music, restaurants, sports that has taken place in this country, in my lifetime, not so much because of eu membership, but

the device was found in the river thames. travelling this morning. of prince harry and meghan markleastle. for football fans as it is unlikely to clash with the fa cup final. 0ur royal correspondent, nicholas witchell, reports. wedding which is now a little less than 14 weeks away. than 14 weeks away. georges chapel within windsor castle on saturday the 19th of may. on saturday the 19th of may. service will begin at midday with the dean of windsor officiating. the dean of windsor officiating. room within the chapel is limited, with space for around 800 guests. with space for around 800 guests. castle for a reception in saint georges hall. georges hall. for members of the public to feel part of the occasion. part of the occasion. nicholas witchell, bbc news. this is not important, what i am going to say about the fa cup. going to say about the fa cup. somebody will be on that day, it won't be me. bbc one at 12 o'clock. that is our spot! you cannot take our spot! apparently they have. we will come on later. who knows. have a look at this amazing image. first prize in a science photogra

it was discovered near the airport in the river thames.bal news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i am kailey leinz. this is bloomberg. last two weeks, the s&p saw its largest momentum swing in history. look at the move to start. the rsi but the s&p over 14 days. we saw a 57 point swing. schiller, ah robert professor of economics, about the future of retail and what happens when investors see the swings. robert: i have been doing surveys of retail investors and institutional investors since 1989. the general thrust is that people's expectations for stock price increases have held up. the big change has been that people think it is overpriced. that is almost a definition of a bubble. if you think the market is overpriced but still has time to go, and you are waiting for that, that is a bubble. alix: still with us, ms. anne saunders. what are investors thinking now? liz: i think it depends. we have a good snapshot of the retail investor for those who are more short-term trading ori