now those effects are increasingly visible take the singapore air show it's the biggest event of its kind in asia with more than $1000.00 companies in attendance for its last run and $28.00 team this year however major companies have already pulled out and attendance is significantly down analysts fear that that could just be the tip of the iceberg for the aerospace industry. flying in the face of adversity these chinese fighter jets did make it to the singapore air show this week plenty more didn't. the biennial aerospace event opened on shoes day but the deadly corona virus outbreak has seriously clipped its wings singapore is a long way from china but it has reported $45.00 cases so far. as a result over 70 exhibitors including major players such as military aircraft maker lockheed martin and the canadian plan maker bombardier have skipped the event. at least 10 chinese companies are also not here due to a travel ban on those coming from the country imposed by singapore. well i notice that there are the football boots which betray him this morning i think some people didn't turn u

at thea amin there singapore air show.h giants are pulling out of the mobile world congress, the next big event to be impacted by the coronavirus. also carbon markets. just a list of things being disrupted by the outbreak viewed we will -- outbreak. discuss how the coronavirus can put a spanner in that plan. spanner in that plan. >> you are looking at live pictures of a press conference by the national development and reform commission in china. they are saying there is a huge gap between mask supply and demand amid the coronavirus outbreak viewed only 76% of mask makers have reopened and they are working to further boost mask production. this as the death toll continues to climb past 1000 and infection cases in china top 40,000 viewed they are saying they are -- 40,000. they are saying they are working to further boost mask production. seeing -- let's head to india, where the counting of votes for the delhi assembly election has begun about 10 minutes ago. this is the first major ballot box test of the prime minister's re

we will be live at the singapore air show. the virus causing some companies depaul out of the event. we will have the details live in singapore. ♪ >> critics said the bank of england was politicized. >> the guide i have always used is, what is my job? and realizing it is political not to act. haidi: this is bloomberg "markets: asia. bardi says a vaccine for the coronavirus could take one to two years, despite the pharmaceutical giant taking just six months to create one for swine flu. the ceo told bloomberg the challenge will be coordinated a longer-term response to the epidemic. >> it has been remarkable to see the response of the chinese government, in terms of the longest quarantine we have seen in modern times to tackle this epidemic. we have these moments, these pandemics or epidemics -- sars, rs, the middle east respiratory syndrome. in each case, we galvanize a massive response, but the pandemic fades, then the response goes down and the work stops or really diminishes. how do you maintain the effort in those gaps? how

to stay with us when we look at one more news item related to air bus the company using the singapore air show to unveil a prototype of what it believes could be the passenger jet of the future now the maverick is a scale model of what's known as a blended wing body aircraft airbus planes the revolutionary design would give travelers a totally new experience and be 20 percent more fuel efficient than the passenger jets we use today. and back to our initial this idea fuel efficiency this idea of. needing to basically at the center of this is carbon emissions in one sense and i want to ask you has the aviation industry really had to consider and grapple with this issue of the missions as much as say the auto industry has where it's obviously in a race to come up with 5 alternatives do we see them something similar in the aviation industry. very much and i would say much earlier own because we have to be aware of one thing fuel is 25 to 30 percent of the cost base of any airline so it's in the best. interest and profit interest to keep fuel costs down that means efficiency so. aircraft manufactur

and the singapore air show kicks off despite the lack of qualified pilots as the industry faces growingand. welcome to this monday's asia business report. we begin with the coronavirus outbreak, because firms and factories in china are expected to get back to work this week after an extended spring festival break, but across the country some factories will remain closed, including carmakers like toyota and honda, and what matters in china matters for the rest of us. the country alone accounts for some 39% of global growth, and china is the world's largest oil importer, so global consumption has fallen around 20% since the outbreak began, and the spread of the coronavirus could also affect the phase one trade deal the us and china worked out last month. we take a closer look at what happens when the world's factory shuts down because of an international health emergency. from iphones to t—shirts to even your medicine, china is the factory for the world. more than a third of the world's clothes and shoes are made there, so when factories shut down and people stopped going to work, that ha

the chinese air force before the singapore air show despite travel restrictions in the wake of the coronavirus outbreak singapore gave china's air robotics team the green light a week before the show organizers said that china's aviators had taken practive measures such as regular health checks before flying into the country singapore's barred all foreign force borehole those traveling from mainland china from entering or transiting its territory. in new hampshire in the united states democrats are voting for the presidential candidate they want to challenge donald trump around one in iowa or saul bernie sanders run pete booted judge close but a technical meltdown with a voting out gave the president to mock the confusion you can vote for the weakest candidate if you were my only problem is that i'm trying to figure out who is their weakest candidate i think there are we i want to know there are 5 there are going after each other you got a ball over the place i don't know what the hell they're doing all democrats in new hampshire remain determined to back their party's hopefuls explaining thei

. ♪ brent: from fast cars to fast planes, airbus has use the singapore air show to unveil a prototypee passenger jet of the future. the maverick is a scale model of what is known as a blended wing body aircraft. the revolutionary design is thought t to be more fuelelfficient t than passengers jets used today. airbus claims it would give travelers a totally new experience. one ofof the challllenges is wog how to prevent passengers from being thrown about when the aircraft turns. no martinis on board. this "dw news." i will be back after a short break to take you through "the day." stick around. we will be right back. ♪ y you're watching in paris in france twenty four the headlines this hour. u. s. democrats tend the sites to nevada and south carolina for another victory for benny saunders difficult to set a set one the parties. hampshire prior. place followed by center. he would you judge. the former favorite joe biden finish fifth. turkey's president vow to stir still tree any. any tensisions for the night are there what since the series will be. to hundreds of civilian awfully of ray

all right from fast cars to fast planes air bus has used the singapore air show to unveil a prototypeof what it believes could be the passenger jet of the future the maverick is a scale model of what's known as a blended wing body aircraft the revolutionary design is thought to be 20 percent more fuel efficient than the passenger jets we use today or both claims it would give travelers a totally new experience one of the challenges is working out how to prevent passengers at either side from being thrown about too much when the aircraft turns . no martinis on board this is g.w. news i'll be back after a short break to take you through the day stick around for that will be right. robotics and learning marched realises wait a 2nd we want the whole picture out facts instead of make ideas shift deliver us. from a dimension reality to cryptocurrency your topics for live in an adventure changing digital world let's talk to digitalisation. shift. on d w. we're all set. to go beyond the obvious. that we're live. as we take on the world. we're all about the stories that matter to you country t

absolutely and boeing hasn't called out of the singapore air show on might be more than 70 participants or hold out because of fears of a coronavirus the spread of current a virus boeing has a presence here it's been holding press conferences it's trying to rebuild people's concert. and in the bland following the grounding of the 737 max since last march. for the 2 crashes fatal crashes within the space of 5 months. the longer this drags on the bigger this impact has on the an aviation industry and to talk to us a little bit more about this is matthew dress code editor of asian aviation matthew thank you for speaking to us on al-jazeera boeing has said its top priority is to get the 737 max back into service what you see as the main challenges with the big challenges and to get that well the problem is you don't just like a switch in the plane jumps back into the air you have something like 437 planes i think that are being grounded for a long time months those planes are in sort of a preservation mode. boeing has to 1st of all come up with a fix for the entire plane and i.b.m. caste sy

speaking to reporters at the singapore air show saying the global air cargo industry is unlikely to growand profits will be down >> a federal judge has dismissed some of the charges claiming the company was not deprived any money and no evidence that holmes directed doctors to make false charges but they did uphold wire fraud charges. >>> jay powell expected to testify at 9:00 am person odd after he said they are closely monitoring the coronavirus outbreak >> we know there will be likely some effects on the united states it is too early to say and speculate. the question we'll be asking will be consistent >> joining me now, former federal reserve board governor, sara bloom raskin. you heard mr. powell i'm sure you heard him say all of those things yesterday as we are trying to square up the impact no question it will be material. we just don't know to what degree >> that's right. this virus does have quite the potential to have some big knockon effects. when you think about the impact on china, there is speculation that will knock off a couple of points of gdp growth there the effects on

losses but there's also destruction to trade advents outside of china or insular reports in the singapore air show. it's one of the biggest highlights for the flying to the plate number of humans people stop whatever it is that they were doing i think if you want to keep it you had the best time i hate being overshadowed by santo but the road firing this event is taking place today it's up to the government waste it seems reasonable to assume that the 2nd highest level no organizers say they're taking precautions in conducting the most meaning and turning away people who are normally well but more than 70 companies have pulled out of the event. somewhat more subdued especially in the exhibition hall where. they were. scaled back its presence. made. in 2018 generated nearly $250000000.00 in spending. pirates his having and impact on the aviation industry analysts we spoke to says. he described it as a crisis but says the street is resilient and it will be able to rebound as to how long it's going to take. that's more difficult to predict especially considering all the noise ation say it's still too

there's also disruption to trade and events outside of china florence labor louis reports in the singapore air show. it's one of the biggest highlights. for a few moments people stop whatever they were during. that time i think it's being overshadowed by santo but the road of pirates. taking place today stopped at the place to see these results that the 2nd highest level no organizers say that taking . painting and turning away people well but more than 70 companies have pulled out of the event that movie is somewhat more subdued especially at the exhibition hall where. they rest a bit too hard but also scaled back its presence at this year's shows and the saudi arabian re-order redacting. made last event in 2018 the dash generated nearly $250000000.00 in spending prone a pirate having and impact on the aviation industry and others to be spoke to says . he described it ready as a crisis but says it industry is resilient and it will be able to rebound now as to how long it's going to take to come back that's more difficult to bring predict especially considering that won't help all the noise they sh

the impact of the outbreak which is -- which has dampened attendance and enthusiasm at the singapore air showart with owings vice president of marketing. -- boeing's vice president of marketing. >> there is going to be pressure on our customers, the chinese customers, anyone who touches china. and customers who fly to and from and within the asia-pacific region. there's no question. the good news is, oil prices will probably be lower. but there's definitely going to be challenges for some of our customers. >> in terms of sales for boeing from china, you have not seen that in at least two years. do you expect this virus to infect sentiment and to impact sales even more? >> we were on the heels of the the stage one trade agreement. so we are engaged with our customers there. they're going to be challenged for the next several months with the virus. ultimately, china's big market, 7700 airplanes, underserved today. long-term, that demand will come back. for 16% ofuates global travel. since coronavirus has happened, 25% of the schedule has been brought down. however, what is going on on the groun

or their brick is also causing disruption to trades and events outside of china such as the singapore air show where we have florence louis. it's asia's largest asher but it doesn't seem like it more than 70 companies have pulled out including big names like us defense company lockheed martin all because of concerns over the spread of coronavirus we do see hope to see more picked up over the next few days. but i we presume there is going to be staying above 50 percent and so for people coming in to see the show singapore has the 3rd largest number of confirmed cases after china and a cruise ship quarantined in japan some countries have advised their citizens against unnecessary travel to the city state. but organizers are determined to put on a good show even giving special exemption from a ban on visitors from china to the country's military or batiks team seen before their. fears over coronavirus are not just affecting attendance at the event but also raising concerns over demand for aviation companies and services it's a major impact it's a crisis for the industry we've had experienced befo

asia's biggest air show is kicking off in singapore but some major firms have pulled out over worries about the corona virus outbreak at least 70 exhibitors in the aerospace and airline industries chose not to attend including us defense funds lockheed martin and raytheon 10 chinese companies were also forced to cancel off the singapore imposed a ban on those travelling from mainland china multi-million dollar deals are often negotiated at the singapore air show or florence louis is there for us fans with these big names that are being pulled out from this air show i'm guessing that the impact of the virus is going to have a significant impact on business that's going to be done there. that's right now many people are already facing that the numbers are a number of deal then the value of a deal of megabytes to be cut at it's. going to be reduced we're talking about quite a significant and also very noticeable. reduced presence when we walked around the exit bishan hallway notice some empty thoughts empty booths and you mentioned lockheed martin that the hospitality tent is still up bu

[inaudible] we're coming to you live from the singapore asher. w-- air show.. overhead]ying delhi. we will take a look at all the implications of that. this is bloomberg. ♪ >> indians markets have just opened. let's get over to move -- to mumbai. tow day losing a streak -- two day losing streak on saturday. how are things looking to? day? >> we snapped the two day losing streak and we are looking at a positive opening. they are looking much better than what was expecting. we did see the nifty closing around the mark -- it is the earnings season and largely the earnings so far have been in line with what the street has been expecting. nifty has opened at levels of, a gain of about 40 points. the broader markets have bounced back and so far in 2020 the broader markets have outperform the frontline. you've got mid cap gaining 7% and small cap up 6%. the nifty 500 has gains of a quarter of a percent. selling in equities back home in india in the last few days. any particular stocks we should be watching at the open? >> oh, yes. some nifty -- in focus. coal india c

deal with the fallout from the 737 max crisis with florence lu is joining us live from the singapore air show and if i understand it correctly it's not the only company that's been suffering all those of course have been hit by the in parts of the spread of the coronavirus what's a business like where you are at the show there. the singapore. airlines you know it's in its 2nd day but that's a much reduced presence because of the fear of the spread of coronavirus boeing it's hoping to use this. as a way for companies as a way to tell its companies that they don't have to lose confidence in the company and boeing is facing a crisis. in suspended production of the 737 in january the 1st time it's done in 20 is. costing the company billions of dollars in losses because the boeing $727.00 max is still grounded bitch means boeing is on a boat to deliver a plane it cannot it's not able to accept money itself planes to customers and this is also cost this is causing a problem not just for boeing but also for its suppliers and its customers now to talk to us a little bit more about that is brendan so

after grounding its 737 max planes last march following 2 crashes or instantly reports in the singapore air show. it was once boeing's best selling plane but no one is placing new orders for the 737 max these days the planes have been grounded for 11 months after 2 crashes within 5 months killed 346 people for boeing the single is a chance to put out a message that it's handling this crisis head on we absolutely have to rebuild confidence in the airplane and that starts with getting it certified bringing it back to service convincing the regulators that we've done the right thing that the changes to the airplane are right the manuals are right the training is right its focus is to have the max back in service by the middle of this year one of the 1st things that has to happen before the 737 max can fly again it's a certification test flight 500 u.s. aviation regulator the head of that agency has hinted at a test flight could take place soon but the still no timetable for the lifting of the ban approval to fly will also have to be obtained from dozens of aviation authorities with more than $400.0

there's also disruption to trade and events outside of china lawrence foley has more now from the singapore air show. it's one of the biggest highlights. for a few moments. shadowed by. pirates. taking place today top of the. seas risk. taking. more than 70 companies have pulled out of the. somewhat more subdued especially in the exhibition hall where. they also scaled back its presence at this year's shows and. really are attracting. mate. in 2018 show generated. by red. and spoke to. he described it as a crisis but says street is resilient and it will be able to rebound now as to how long it's going to take. that's more difficult to predict especially considering all the noise it's still too early to tell whether the pirate has. the right as on to foster a vaccine for the corona virus but a major breakthrough is unlikely for months scientists say a lack of cooperation globally is slowing progress reports from seoul. china's prime minister leaker chang visiting scientists at the forefront of his country's efforts to tackle the coronavirus initially criticized for its slow response to the outbreak c

like at the singapore air show. the big picture? it is tricky to predict. the international monetary fund has said it's too soon — the impact on supply chains, exports, on business travel and tourism — most experts think that the total cost of all of this will be higher than the last big epedemic — that's sars back in 2003. sars cost the world economy £6a billion at that time the chinese economy made up a% of global one — now it's 16% — so we can expect it to be much bigger. thank you. amazon has withdrawn potentially unsafe child car seats from its sites worldwide, after bbc panorama discovered they were for sale. it follows an investigation by trading standards. here's our business correspondent, katy austin. a child car seat destroyed in a 30 miles per hour test. it was carried out in 2013. amazon was then alerted. we took down products that we re alerted. we took down products that were not compliant and unsafe. rachel blair, a former amazon safety inspector also said she made —— i was told they were compliant i

and asia's biggest air show in singapore is still going ahead. we'll be live to find out what's going on. and who decided to stay away. and living the single life injapan. how going solo is no longer a big taboo for many japanese people. and we'll be getting the inside track on one way to tackle climate change — we'll be talking to one guest who says he has come up with a substance allows you to capture carbon while you garden. today we want to know the tv audience for sunday night's oscars hit an all time low — so we'd like to hear from you. why do you think that is? are you bored of awards ceremonies? remember hashtag bbcworklife. do get and attach about the oscars. many of you have done so already. many of you have done so already. many are pretty negative. if you are a real man, we would love to hear from you as well. let's get cracking and we begin with the coronavirus. as of this morning, the death toll within china has topped 1,000. nissan is the latest global giant to talk of its impact — the second car maker to suspend production due to

fallout from the 737 max crisis and the firm will be pushing sales at asia's biggest air show this week taking place in singapore a correspondent for in story has been speaking to industry experts say it's growing hasn't pulled out of this singapore on like the more than 70 participants had pulled out because of fears of a coronavirus the spread of coronavirus boeing has a presence here it's been holding press conferences it's trying to rebuild people's confidence in the brand the grounding of the 737 max since last march following the 2 fatal crashes within the space of 5 months. the longer this drags on the bigger this impact has on the aviation industry and to talk to us a little bit more about this is matthew the editor of asian aviation matthew thank you for speaking to us on al-jazeera now boeing has said it's top priority is to get the 737 max back into service what you see as the main challenges with the big challenges. for to get there well the problem is you don't just flip a switch in the playing jumps back into the air you have something like 437 planes i think that are being grounded for a long time

and asia's biggest air show in singapore is still going ahead.ink that is? are you bored of awards ceremonies? remember hashtag bbcworklife. do get and attach about the oscars. many