stephen carroll joins us from dublin. good evening. what numbers of people are turning out to cast their votes? stephen: the turnout is the story. it looks like a turnout will be higher than usual. the most recent one in 2013, the final turnout was 39%. that figure has been surpassed already before the polls closed. here behind me, with two hours left, the turnout had surpassed if 2%. it looks like this may be the highest turnout for a referendum in ireland since 1995. a referendum on divorced which passed by a narrow majority. you mentioned the numbers of irish people traveling from abroad. that has been a huge factor in this. flights from the u.k., many of them arriving full into dublin. huge queues in the airport as people arrive to vote. part of irish law is you can only exercise your vote while in the country. there is no postal vote for the vast majority of irish people living abroad. places like canada and even africa as people made to journeys from around the world to be here for this referendum. tom: you were at a polling stati

time for business news with stephen carroll. let's start with a new deal on bank sigrid see the eu has just signed with switzerland. stephen: the exchange will begin in 2018. the deal designed to cut down tax evasion and avoidance. the agreement is the latest debt to be taken on by authorities and dismantling the practices. genie: the european airline industry -- stephen: the airline is valued at 1.4 billion euros, and is supported by the irish carrier. the airline group, which also owns iberia, makes promises to the government in dublin to get their approval. the deal to be signed off by aer lingus' arrival, ryanair. >> the deal finally getting off the ground with slight criticism from opposition parties and unions. the average government has agreed to sell its 25% stake in its national carrier, aer lingus. a transaction which would rake in 350 million euro for the state. the international airlines group, which owns british airways and iberia has offered 3.6 billion euros -- 1.30 6 billion euros -- 1.3 6 billion euros for aer li

genie: our own stephen carroll is here with us. we will start in germany, where train passengers are facing more disruption. >> it is the ninth strike in 10 months. kind of a long-running dispute over pay. two thirds of inner cities hundreds of commuter trains affected as well. the stoppage likely to last longer than the six-day strike that ended on may 10. that was the modest and company possis three. stephe inner cit services are -- setting their sights on france when the market opens here. >> from munich to the german outs, -- to the german alps, the price, just nine euros. buses do not just have passengers feeling like savvy consumers but like the kings of the road. >> there is one every two hours so it is very practical. and there is wi-fi. it even has film, tv shows, and music are it >> nearly 8 million people traveled on motor coaches in germany. one restriction has been placed. the routes must be at least -- at least 50 malik -- at least 50 kilometers long. it is leading the german market and with minimal investment. it tea

stephen carroll is on hand in dublin covering the vote for us. the eu eastern summit in latvia has wrapped up, the meeting focused on increasing economic and political ties with the former soviet states. it was back in 2013 at this same summit that then ukrainian president viktor yannick cove which signed a partnership deal, eventually leading to his ouster and the current ukrainian crisis. for more on the summit, we go down to "france 24's" christoph you. what exactly came out of the summit? >> it was a very difficult balancing act for eu leaders in riga, that this summit was not -- at the same time, reaffirming europe plus commitment to its eastern partners. let's be absolutely honest. the conclusions of the summit look minimalist. there is little concrete development there. this of course has led some delegations to feel disappointed. not the least, the jordans and ukrainians, who wanted to see concrete steps like the possibility for their steps -- there citizens to travel to europe without a visa. it is a bit of a mixed feeling in riga. easte

time for business news with stephen carroll stephen: hi genie. genie: let's look at the latest twist in the french rogue trader jerome kerviel. stephen: he was jailed for causing almost 5 billion euros worth of losses when he worked as a citation around. he is making the case to have the charges thrown out. a police inspector who led the investigation said she is certain that management at sociÉtÉ generale knew what he was doing. the bank has denied. reporter: it was the biggest trading loss in banking history. 4.9 billion euros. the bank has insisted that the trader acted alone, making illicit bets for as much as 50 billion euros and covering them up and while admitting he exceeded his authorized trading limit, kerviel maintain his higher-ups knew about the activities. a senior police officer who live the investigation recently told the judge that he was now certain kerviel's supervisors know what he was doing. the men who worked in the bank with the management unit said he had informed senior managers in 2007, marking the e-mails with us: cross

we will start with a look at business news with stephen carroll. ephen: that story about the united kingdom. it is interesting to watch what is happening. we're about the midpoint in the trading day. we've seen shares turn significantly into the red in the past couple of hours. london ftse 100 is down about 1.6% this midpoint -- 1.4% at this point in the trading day. that's partly due to uncertainly -- uncertainty due to the elections. paris down 1.2%. the other market to watch is a currency market. key to see what will happen to the value of the pound. what sort of uncertainty might follow elections. one pound can you about one euro, $.34. genie: what else do have today? stephen: we're going to go to areva, the french nuclear giant. they have announced they will cut up to 6000 jobs worldwide to plug a hole in their finances. in france between 3000 and 4000 jobs will be lost. areva reported record losses of almost 5 billion euros last year . the job losses are part of a restructuring at the company. reporter: it has not turned a profit since 2010 an

stephen carroll is in the hot seat. stephen: the indian prime minister's trip to china. we are expecting deals worth as much as $10 billion to be announced. business with the main focus of tomorrow's meeting. the story of the economies. in 1971, china and india's economies were around the same size. today's china's is four times bigger. the country's trade goods to the valleys for $71 billion between them. india imports about $38 billion more than it exports to china. hoping to change the nature of that relationship by tempting more chinese companies to invest . one of india's biggest companies. >> the top deficit that is been talked about business-to-business interaction . more and more people exchange that can happen within the countries. that is the key part that would help two countries to build a bridge and exchange of people. the size of the population that we see, there's a limited exchange happening. stephen: what's happening on the markets. pretty flat day on european stairs -- european shares. no great movement of any of the main indices. itv shares down almost

time for the day's business news with stephen carroll. let's stay with president hollande's trip to qatar. stephen: there could be more on the way. francois hollande is overseeing the signing of the 6.3 billion euro deal to sell fighter jets to qatar. the deal is the latest in a string of successes for the french company dassault aviation which for many years struggled to sell the rafale jet. it adds to what is set to be a bumper year for the french defense industry. kate moody reports. kate: less than five months in, is a banner year for the french defense industry for the first time, the ministry expects to export more arms and military equipment than it produces for its own armed forces. the weaker euro could attract international buyers. french defense exports rose 17% last year topping 8 billion euros, the highest level since 2009. this year's sales have surpassed that. confirmed deals with egypt and qatar are valued at over 11 billion euros. negotiations are underway for the sale of 36 rafale jets to india and 50 military helicopters

time for businesses with stephen carroll. let's take a look at what is happening on the markets. stephen: we have markets growth for holidays on monday, london and frankfurt being among them. not having a great day back at the office, but the london and frankfurt dream is down today over just paris. there is still worry about greece weighing on investors. and every government worried about whether they will pay the imf the money that they owed them in june. the euro down against the dollar today in trading. you can see that with the picture and little bit earlier on. genie: next, uber seems to have gotten itself into some hot water again, facing option -- facing opposition in mexico. >> i will tell you about news coming from africa's mining industry. the number of workers in the industry that have lost their jobs since 2012 -- 35,000 of them, in fact, in wake of the massive strikes. we felt 34 that we found 44 miking workers -- we found that 44 mine workers were killed. 44 layoffs are mostly affecting workers in gold and platinum mines. we will talk about uber and. strike. taxi dr

i am joined by stephen carroll. you will start with a legal dispute over knockoff luxury goods.teven: the owner of brands including gucci is selling alley bob for selling counterfeits. alibaba owns the site referred to as china's emergent -- v ersion of ebay. jack ma says he would rather work with the french group kering. >> from watches to handbags, some of fashion's biggest names have the prices too much. two fax that explain the demand for luxury goods that have their likeness. kering filed a lawsuit against chinese giant alley bob, saying -- alibaaba, saying its sites counterfeit from. jack ma shared his stance. >> it is regrettable that the company sued us. there will be no future commerce if we cannot protect copyright. >> alibaba has been criticized for not doing enough to stop counterfeits. taobao and tmall are similar to ebay and amazon. a search for gucci shows products of our likely knockoffs. the site says products that they are a likeness might not infringe on intellectual property rights. the group says it has 2000 employees dedicated to anti-counterfeiting and con

stephen carroll joins us from dublin. good evening. what numbers of people are turning out to cast their votes? st