ryanair has managed to skip out somome paying compensatition to travel as oftn leading an industry wide arbitration building. the airline it stops working with aviation adr in november last year but before that ryanair had accrued more than fourteen thousand complaints. and was facingng a payayout o of more tn twtwo point s six millionon pouo disgruruntled customers. off the cutting ties with the scheme wine at a void is having to pay up in the vast majority of cases. often only five hundred and fifty three passengers. this huge that claims via another arbitration body. what do you do if your country is being subsumed by violent protests for the last few months well i if you're wealthy youu can try and get out. and that's exactly what which hong kong is trying to do. the bbcbc found that there's b been a spie in demand for gold in visas countries around the world of a residency or citizenship rights in return for hefty donation. that could be one hundred thousand dollar donation and to go and buy a pizza or two million dollars in real estate investment in cyprus. but golden visa acts as

the budget airline is benefiting from pilot strikes at rivals british airways and ryanair. but with fuel prices high and the global economy slowing, is the industry in for a hard landing? also in the programme, how far can we trust videos we see online? the past year has seen a surge in so—called deepfake videos, with south korean k—pop stars among those targeted. and seaweed farming in zanzibar — looks idyllic, doesn't it? but even there, the impact of rising sea temperatures is being felt. we'll have a special report. also in worklife. .. with the number of vegans in the uk quadrupling since 2014, we'll get the inside track on one veggie brand taking a big bite out of the market - quorn. its boss joins us live. and as a report suggests work—related sleep problems are creating a nation of unproductive "insombies", we want to know, do you suffer from sleep problems? what are your tips? get in touch using the hashtag #bbcworklife. sleep?! what is that?! i will reveal my sleep routine on twitter, it is quite bizarre. hello and a warm welcome to our new business show, worklife

those are really the companies that are able to survive in a market like this we'll tell you about ryanair chelsea let's just have a listen to how its c.e.o. sees the future of the industry i found this quite interesting i think it is inevitable that in the next 5 or 6 years europe could somebody to root for large carriers each would go 20 percent market share i.e. gee look who's their friends killem and right here and everybody else either disappears merges gets taken over partners we would rule the rules before until see it's not just a whole lot of a lines that could be facing turbulence o'leary says the package holiday market is dood. i think that's you have a little bit of a grim assessment but there's definitely truth to the fact that it's you know a very difficult market for these traditional package travel companies we saw thomas cook go under just about a week ago one of the oldest travel companies in the world and they're dealing not only with the same things that are pressuring budget airlines but they're also sort of feeling the effects of this huge online growth and. operators

i notice that ryanair come on radio ad rates most recently, have been saying we are a low carbon airlinet there. to ensure that people keep booking theirflights? to ensure that people keep booking their flights? that's right. it is a cost, and what people want to do, fly in, it is very inspirational. we have had some tweets. neil, citing greta thunberg, her recent adventure ona greta thunberg, her recent adventure on a yacht from her home in sweden to new york, what if you don't have £5 million to build a zero carbon yacht and play for your crew to fly to new york and pick up the boat? he says he will stay with his favourite budget airline. we have had some others saying let the train take the strain, we have just others saying let the train take the strain, we havejust come back from two weeks going around europe, co mforta ble, two weeks going around europe, comfortable, efficient and good value, lots of good deals and you get to see where you're going. certainly of train prices come down it would be a lot more affordable. that is one of the issues, the fact that certain here in the uk

ryanair up by 4.66%. ubisoft, numbers not turning out to be as rosy as anticipated.t tom clancy game not living up to expectations. nestle catching a bid. always important to keep an braun proxy names -- to keep an eye on the bond proxy names. markets feeling more risk off than the headline figures suggest. european close positive put on light volume. ofnie: we are on the cusp a turnaround. the s&p got down to .4% lower, now we are flat, looking forward to turn positive. the 10 year yield is at 1.54 today. crude oil singh and eyes bounce after last week. it is up $.94. to point to the offshore namibia because china comes back. it has been a couple of weeks of vacation time and we have been watching those markets closely tonight onwards. let's take a look at individual stocks in the united states. department stores are holding up the picture. kohl's up 2.3%. beauty did not do so well. macy's up 3% or so. september was a pretty good month for the department stores. dollar tree not so much, down 2.8%. one of the reasons is some of the executives are selling their stock

ryanair. some upgrade-down grade news. up by .8%.alance of moves across the markets is to the ownside. they came through with numbers early on. elsewhere, we see continuing to fall. we saw weakness in sessions coming through. let's go to bloomberg first word news. >> to the u.s., the u.s. army operative raised red flags about president trump's ukraine call. he works for the house national security council. -- speaker nancy pelosi said the house will take its first vote on the impeachment inquiry and that will happen this week. intendo is back. z easily it has beaten its previous record. it has already raised $37 million in revenue. b.p. is falling this morning despite a report of profit beating expectations. he finance chief said it was helped by strong oil trading. $65 a aging $55 to barrel. there are clearly u.s.-china tensions. pretty stable at the moment. the teams have been making ome pretty good calls. >> and sweden is considering sanctions against swedbank. the nation's oldest lender is being investigated amid allegations it m

easyjet and ryanair also slumping with other airlines we are watching.ng stock specifics on the mov screen. let's get a first word news update with selina wang in beijing. a: the chinese state tv is halting broadcasts of the national basketball association games as the backlash intensifies over a tweet expressing support for hong kong protesters. the general manager of the houston rockets tweeted the image. the nba commissioner came out in support for his freedom of speech. president trump hasn't endorsed a turkish incursion into syria according to a senior official but it does deep in the region. -- an announcement an abandonment of allies. the global economic outlook is deteriorating amid brexit uncertainty, trade tensions, and a downturn in europe according to the world bank president, who says forecast for 2019 growth are looking weaker than in june and the imf looks to be on the same page. its 3.2%ected to slash projection next week. in the u.k., the prime minister is being urged not to press ahead with big tax cuts amid warnings a no deal brexit co

convince airlines to buy this fly, that it is safe to particularly when you have things like this ryanairrash report, which is out formally and a little bit of time, pointing the finger at a certification process not being adequate when it came to particular functions of this plane. we are hearing they might have to install some soda monitor on this particular sensor that might cost around $15 million per plane, but the bigger indications are there when you have the biggest selling plane grounded for this long of a time. anna: thank you very much. minutes away from the start of the european equity trading day. we will take a look at stocks we are watching ahead of the open. it will be more challenging to meet those targets. this is bloomberg. ♪ ♪ matt: welcome back to "bloomberg markets." six minutes until the start of cash trading across europe. let's get a look at some of the stocks you are going to want to watch. dani burger is looking at ab invev. also covering ubisoft. -- -- annmarie is covering barclays. annmarie: it was a strong performance at the start. corporate and investment ba

it cites increased demand due to the disruption with the strikes and ryanair.ngs are in line with last year. the first quarter 2020 is pretty much in line. those are the headlines, guiding higher, and we will see whether the stock flies higher, and the guidance range for you, by the the profit before tax in upper half of the previous guidance come so a lot to play for into the open. let's revert back to the china story. markets have reopened after a weeklong holiday and there is a lot to digest. services still in expansion, but lower than 52.1 in august. stocks are up as investors focus on the prospect of trade talks at to resume thursday. in an unexpected move come the trump admission patient has blacklisted a chinese tech companies, accusing him of human rights violations comes of that is the driver behind the blacklist. that's get to tom mackenzie in beijing. good to see you this morning. the blacklist, why exactly? what are the details on these human rights violations? commerce department is saying these companies are implicated in what they say is mass det

ryanair up 2%, getting some love.merica merrill lynch note, and they have a buy rating. downside, downgraded at jefferies. second-half free cash flow estimates are not seen meeting guidance. matt: annmarie hordern, looking at your individual movers. let's get back to the story in china. xi jinping has kicked off a massive military parade to mark 70 years of communist rule. he pledged complete national unity as democracy protesters in hong kong begin to gather from were demonstrations across the city. >> we must remain committed to the strategy of peaceful reunification and one country, two systems. we will maintain long-term prosperity and stability of hong kong and macau. matt: celina is in beijing and stephen engle is in hong kong. what has been significant about today's parade? beijing has been on tight security for weeks and weeks leading to a massive parade featuring more than 100,000 people. celebrating about 70 years of communist party rule, one year longer than how long the soviet union lasted and it is about

they have a buy rating for ryanair and like the carrier's model.down more than 5% this morning. this is a u.k. bakery. seems to be there some slowing momentum. they say the stockpile for some of their key ingredients for their vegan sausage rolls. francine: the vegan sausage roll, which i have not tasted yet. let's get straight to the bloomberg first word news. in new york city, here's viviana. >> we begin in the u.s.. some of president donald trump's closest allies being dragged. into the ukraine the saga. . u.s. house democrats subpoenaed rudy giuliani. secretary of state mike pompeo listened in on trump's july 25 call with ukraine's president. that is a conversation central to the impeachment investigation. and the u.k. today, prime minister boris johnson will unveil his new brexit plan to eu leaders, according to "the daily telegraph." the key will be the reception the new plan receives on both sides of the channel. he is still planning to deliver brexit on october 31 with or without a deal. in australia, for the third time this year, the reser

you have seen easyjet and ryanair bounce 40% off their lows in recent months.for michael o'leary. get your flights. a poster child for michael o'leary. stay with us, marcus, a european equity portfolio manager. let's turn to hong kong now. chief executive carrie lam has delivered her annual policy addressed by video after being interrupted twice citing global slowdown and months of protests. lam admitted the city would likely be in a technical recession in the third quarter. a has beenaruddin tracking the story in hong kong. sophie, it was by video. what did we learn? who did she focus on in that speech? 51-minute speech, carrie lam announcing 220 initiatives. she focused on the economy, announcing measures such as boosting housing supply , and with$148 billion in fiscal reserve -- housing supply, and billion in fiscal reserve, it remains to be seen how much legislative should support- legislative she will get. this fiscal largesse is not likely to win hearts and minds. she ignored political frustrations. the realcs would say issues plaguing the city. we may ge

he's been package holiday is dead, from ryanair.on authority granting an allowance to thomas cookjust a month before it went under. many thousands of people around the world lost jobs. the thousands of people around the world lostjobs. the operation to bring people back from overseas continues. 120,000 people have been brought back so far, we are told 30,000 are still to be repatriated. it is the largest peacetime repatriation ever. we've had some wonderful stories of thomas cook staff who have gone above and beyond the call of duty to try and help passengers. there is a story in the paper this morning looking at basically what happened in one town, this is in stoke—on—trent, the original thomas cook store has closed, but staff turned up unpaid at a pop—up shop around the corner to help all of these people who were trying to work out what happens next. so, some amazing stories. and tomorrow on brea kfast, amazing stories. and tomorrow on breakfast, i'm going to a job spur at manchester airport, and what they do is bring together all

potentiald market share lost i do not know if this is just negotiating by felt with -- by southwest, and ryanairre they just looking for better pricing? or maybe this is not strategically responsible to be if youndent on boeing could in fact see a major downing of a major plane. romaine: if itromaine: is a negotiating tactic, wouldn't you have to start putting this is your forecast? these companies are going to start holding them to the walls. alix: gary, notably come in the interview, was quite positive, i was like "your stock is down 10%." brooke: they are really frustrated, and he was not confident boeing's timeline in getting the planes certified applied by the quarter. their expectation of the -- certified to fly by the first quarter. expectation, saying we are completely confident in boeing, nd of itself tends to be telling, because like you said, he is an optimist. alix: romaine, thanks for joining me this hour. the unicorn game, to be clear, is my daughter. [laughter] romaine: so you save your no judgment here this is a no judgment zone, alix. alix: it is a full judgment zone. women in w

the upper end of expectations, with revenues boosted by pilot strikes at rivals british airways and ryanairtion area, so it is picking up passengers all across europe and carrying them around rather than being dependent onjust one of two hubs. they have been one of the major beneficiaries of the expansion that has occurred from having a common aviation area across europe. the question is where that goes now. aside from the expansion of roots, watch at the other external factors, pilot strikes, of roots, watch at the other externalfactors, pilot strikes, ba, the demise of thomas cook, to what extent have those helped easyjet with its profits? it is swings and roundabouts. it is a business in which stuff is always happening one way and another. you just have to deal with it. some of the things will hit you at the wrong time of year and other things will give you a boost. for example, facing the challenge of having a 20% devaluation in the pound has been a challenge for british companies. on the other hand, they have been able to move a number of their aircraft over to austria, so as to benefi

the budget airline is benefiting from pilot strikes at rivals british airways and ryanair.