theo, our business correspondent theo, our business correspondent theo leggett listening in.n us live at the chancellor rachel reeves reviews the chancellor rachel reeves reviews the autumn budget at around 12:30pm, bbc news will bring you every moment, every inside, every bit of impact in our exclusive, in—depth coverage, stay tuned for all that action and analysis, more news at the top of the hour, for the moment goodbye. live from london, this is bbc news. hamas officials say at least 60 palestinians have been killed in an israeli strike in northern gaza. international condemnation after israel's parliament votes to ban the un's palestinian refugee agency from operating in israel and the occupied west bank. it is quite a shock and, in fact, the biggest concern right now is the feet of the humanitarian operation, especially in gaza. i'm ben brown, reporting live from jerusalem. despite roadway pressure, members of israel's parliament has voted overwhelmingly to cut off ties with the un refugee agency. hezbollah announces that naim qassem will become its new leader — replaci

our correspondent theo leggett spoke to the man charged with turning that dream into reality.ng about is �*27—�*28, we should be able to win race again, which sounds awfully far ahead. there will be people listening to us going, surely, you can see what others are doing, just copy that, but it doesn't work that way, that is into a short—term, you can copy what they did ten weeks ago but that doesn't help you win championships, these cars evolve at such rate that you have to be on the leading—edge in pushing the boundaries, and if you're copping someone else, you'll be at midfield. that's why i love the sport because it's to your point, if you stand still, you're going backwards and the complex to what is this car would develop would have been winning races last year, but the development rate is enormous. the timeline is founded around how long it will take to bring in individuals from other businesses in formula 1 who want to come here and formula 1 is very restrictive, it's a two—year waiting time for your really strong individuals. machines and infrastructure, depending on w

let's get more on this now with our international business correspondence theo leggett.ave been following this story for months. the big question, could you point out the options, what next for boeing? fix, the options, what next for boeina ? ~ ., the options, what next for boeinu? �* ., ., the options, what next for boeing?— boeing? a solution to this dis - ute boeing? a solution to this dispute has _ boeing? a solution to this dispute has to _ boeing? a solution to this dispute has to be - boeing? a solution to this dispute has to be found i boeing? a solution to this i dispute has to be found and political pressure for a solution to the dispute will be mounting. you mentioned the white house getting involved secretary was involved in drawing up the latest offer which boeing workers recently rejected. i think that kind of pressure will increase because it is extremely expensive for boeing for starters. the company is losing anywhere between $1 billion —— $1 million and $5 million a month. it is expensive for its network of suppliers, as well. in washington state where t

the bbc�*s theo leggett, spoke to the boss of leapmotor international and asked him what's behind thisship. we are positioning ourselves as a pure ev brand with technology developed by our chinese founder. it's a clean, electrified mobility solution offering to our customers in addition to our 1a traditional iconic brands. traditional iconic brands stellantis group has not so long ago it was european brands going into china because chinese manufacturers wanted the cachet of a european brand. now this is a european brand wanting a chinese brand. what's going on there? if you look back a0 years ago, exactly the business model, as you said, because at that time the chinese needed technology, the auto industry was in its infant stage. and so the european or the international oem going there and... but nowadays the industry has evolved in the past several years. 0k? and the china ev industry has been able to develop in a very agile, efficient and fast manner and with a lot of technology contents in its car. 0k? so... and some subsidy from the chinese government, or so we're told. i think it

that's the only crisis that new chief executive kelly ortberg will have to deal with as the bbc�*s theo leggettor boeing the stakes are climbing ever higher. it is haemorrhaging billions of dollars thanks to a safety crisis, delays to aircraft programmes and a damaging walkout by workers in its washington state titans. the 6—week—old strikers paralyse production of the bestselling 737 as well as the triple seven and the 767 freighter.- and the 767 freighter. their finances were _ and the 767 freighter. their finances were quite - and the 767 freighter. their i finances were quite precarious leading up to this strike with about $45 billion in net debt and now the strike has halted their biggest single revenue stream by a wind margin, the 737 production programme. imark 737 production programme. work is seen at a _ 737 production programme. work is seen at a rally _ 737 production programme. work is seen at a rally last _ 737 production programme. work is seen at a rally last week- is seen at a rally last week have been dividing a 40% pay increase over four years as well as return of traditional

but as our correspondent theo leggett explains he faces many challenges.he stakes are climbing ever higher. it is haemorrhaging billions of dollars thanks to a safety crisis, delays to aircraft programmes and a damaging walk out by workers in its washington state heartlands. the six—week—old strike has paralysed production of the bestselling 737, as well as the 777 and the 767 freighter. workers, seen here at a rally last week, have been demanding a 40% pay increase over four years, as well as the return of traditional pension plans, abolished a decade ago. and here is what is on offer. a pay rise of 35% over four years, a one—time bonus of $7,000. and improvements to retirement packages but no return to traditional pensions. analysts expect a close—run vote. these workers picketing outside the 737 plant felt more concessions were needed. it's not what we asked for. and i feel like the contract, it will not push the company forward. i think if they came with that at the beginning, there never would have been a strike. but they are going to have to do bette

let's speak to our international business correspondent theo leggett.c northwest of the us, the regions around seattle where boeing has its heartlands. there factories there that produced the 737 the 777 and 767 freighters so they are really important factories and these workers are negotiating a new four—year contract agreement with boeing to replace one that has expired. the problem is they say boeing hasn't been offering them enough and over the past it has been pushing down radius and pushing down the terms and conditions in other ways and removing defined benefit pensions for example and that hasn't been made up. this was the second offered boeing has put forward. it has a 35% pay increase over four years, a $7,000 out a vacation bonus for signing the deal, but no return to the pensions that the workers wanted. and what we have really is a breakdown in trust has become very apparent between boeing's management and its workforce. the result of which has been to offers from boeing which have been put on the table and twice now they have been voted do

let's speak to our international business correspondent theo leggett. also why they have rejected this particular offer. this involves some 33,000 workers in the pacific northwest of the united states, mainly in the seattle area where there is this cluster of factories where they make these planes. these workers are due a new four—year contract and agreement between the unions representing the workers and bowing over what their pay and conditions will be over the next four years. what boeing was offering didn't seem to be any near enough for the workforce. six weeks ago they rejected the offer and went on strike. boeing's second offer was an improvement but wasn't enough. this goes back to deep—seated resentment in the workforce at the over a period going back over ten years. boeing was in a position of strength and when it was a go shooting with its workforce, repeating ly trying to rein in their pay. for example, in one unpopular move took away their pensions. they are fighting fire for the number of funds and review its safety and quality and control

our correspondent theo leggett caught up with the chief executive of the renault group, luca de meo,sked him if he's concerned at all about china's expansion in europe. what makes me optimistic is that renault had to kind of ask itself the right question 3—4 years ago when we were in trouble and right now this thing is giving us an advantage also because some of the cars we decided on three or four years ago are coming to the market, many electric cars, hybrid cars, a lot of technologies so we try to be anti—cycle and meet those kind of trends. if you are wandering around the show you will see there are a large number of chinese brands. they are expanding out of the european market aggressively. onto your turf. how much of a threat is that? i am old enough to have seen japanese coming into europe. of course america before in 56 and the japanese in the 80s and 90s and then the koreans. you sum up, americans, japanese and koreans here for decades, their market share is probably at 25%, not 95, so we are still there, alive and kicking, have been expanding in other markets in the world,

with me here in the studio is our international business correspondent theo leggett.ness not quite going to plan? business not quite going to ian? ., ., , ., business not quite going to ian? ., ., ~ business not quite going to ian? ., ., , ., �* ., plan? not really, no. and now we are going _ plan? not really, no. and now we are going to _ plan? not really, no. and now we are going to see _ plan? not really, no. and now we are going to see more - we are going to see more pressure from the white house for the two sides to hammer out a deal that actually works. because having a strike going into an election period is not something the biden administration would want. but in terms of bowing itself, it really needs to get this sorted. —— bowing. its fighting fires on a number of different plants. it's trying to sort out its quality and control and safety culture after years and years of problems. it has issues with aircraft programmes. the 777 x has been delayed until 2026. it has problems with its space programme, astronauts stranded in space, it's not a good look and it

been following developments at the paris motor show, with the help of our roving correspondent, theo leggett biggest names in the business — but that doesn't mean he hasn't been looking at some of the smaller players as well. among them is micro ? best known for making scooters, aimed at kids but often ridden by adults. and now they ve made, well, something else. what on earth are we sitting in? ., ., what on earth are we sitting in? ., . , what on earth are we sitting in? ., ., , ., in? you are sitting in a microlino, _ in? you are sitting in a microlino, a _ in? you are sitting in a microlino, a small- in? you are sitting in a i microlino, a small electric city car with two seats. a range of up to 230 kilometres. it is made in italy. micro is a scooter company, you make children's toys, will give you the idea to make a car? very aood the idea to make a car? very good question. _ the idea to make a car? very good question. we _ the idea to make a car? very good question. we are - the idea to make a car? very good question. we are a - the idea to make a car? - good question. we are a family

been following developments at the paris motor show, with the help of our roving correspondent, theo leggettnames in the business ? but that doesn t mean he hasn t been looking at some of the smaller players as well. among them is micro ? best known for making scooters, aimed at kids but often ridden by adults. and now they ve made — well, something else. what are we sitting in? you are sittin: in what are we sitting in? you are sitting in a _ what are we sitting in? you are sitting in a magazine, - what are we sitting in? you are sitting in a magazine, small- sitting in a magazine, small electric city car with two seats, and a range of up to 1230 kilometres. it seats, and a range of up to 1230 kilometres.— seats, and a range of up to 1230 kilometres. it is made in ital . 1230 kilometres. it is made in italy- macro _ 1230 kilometres. it is made in italy. macro is _ 1230 kilometres. it is made in italy. macro is a _ 1230 kilometres. it is made in italy. macro is a scooter - italy. macro is a scooter company, you make kids toys, what give you the idea to make a car? , ., ., ., what give you th

for european carmakers this means profits being squeezed — as my colleague theo leggett heard from theinda jackson. this is what's causing the problem, because the investment is enormous to turn all of the vehicles into electric versions. i mean, at peugeot, we are ready for the game. all of our cars have an electric version, and in fact, we are actually launching a couple on the stand today. so are we ready? yes we are. and will we meet the rules? and in terms of emissions? of course we will. but yeah, it's a very, very challenging time because if you like, the market isn't necessarily moving exactly in line with the way the manufacturers are coming to market with the vehicles. but while you're developing electric cars, chinese manufacturers are determined to take a stake in the european market. i think there are eight of them here at this show alone. so how do you deal with that level of competition? well, you know, i think it's... i've been in this business a long, long time. and to be honest with you, i remember when the japanese came and the koreans came and we were having very si

our business correspondent, theo leggett is at the paris they auto show and spoke with the chief executivegroup. what makes me optimistic is that they had to ask itself the ask —— what they write to questions of the four years ago. right now, this is giving us an advantage because some of the cars are coming to the market from three or four years ago, many electric and hybrid cards. a lot of technology. we try to be anti—psychical and meet those kinds of negative trends. if you're wondering about the show, you see that there are large and by chinese brands are here for that they are expanding under the european market quite aggressively, what is that to you? i aggressively, what is that to ou? ., ., ., ., ., you? i am old enough to have seen a japanese _ you? i am old enough to have seen a japanese coming - you? i am old enough to have seen a japanese coming into l seen a japanese coming into europe, of course the americans before, the japanese in the 19805 and 19905. then the koreas are coming in. if you sum up the american, japanese, and creators, who have been here for decades, their ma

theo leggett is at the show and asked the boss of the chinese ev maker whether they get help from the first of all, we are a privately owned company. our ownership is very transparent. be listed in the us and hong kong. so, compared to the oem globally we are as transparent as any other company. secondly, the reason we are competitive is we have fought every year through the most competitive market in the world which is the chinese market. we competed with tesla, chinese brands as well. that competition, the operational efficiencies and our technology. so we are planning to bring technology to europe and i think it will benefit consumers and communities in europe as well. the european union has recently introduced controversial tariffs on imports of chinese electric vehicles. how will that affect your company? europe is a long—term opportunity to expand. it's a long—term market that we need to continue to invest, continue to continue to invest, continue to develop by providing the best product, the best technology and best services. so, i think this is something that despite the tarif

let's speak to our business correspondent theo leggett. theo, what are their concerns? concerned they will have to bear the brunt of raising at £40 billion that you mentioned rachel reeves is looking for. one thing we have already heard about is the possible increase in employers national insurance contributions. those national insurance contributions if raised will increase the cost of employing people. forsmall increase the cost of employing people. for small businesses, increase the cost of employing people. forsmall businesses, it increase the cost of employing people. for small businesses, it is a particular problem may deter some of them from taking on extra staff, if they want to expand, for example. then the possible increase in the national minimum wage, the national living wage, which we are hearing may be above the rate of inflation. that will also increase possible businesses, particularly small businesses, particularly small businesses, because labour is often a big part of their outgoings. we have also had about changes in the employment rights bills as we

our business correspondent theo leggett has the details.oeing, the stakes are climbing ever higher. it's damaging billions of dollars thanks to a safety crisis, delays to aircraft programmes and a damaging walkout by workers in its washington state heartlands. the six—week—old strike has paralysed production of the bestselling 737 as well as to 777 and the 767 freighter. their finances were quite precarious leading up to this strike with about m5 billion in net debt and now, of course, the strike has, well, halted their biggest single revenue stream by a wide margin, the 737 production programme. senior�*s at a rally last week had been demanding a 40% pay increase over four years as well as the return of traditional pension plans abolished a decade ago. here is what's on offer — a pay rise of 35% over four years, a one—time bonus of $7,000 and improvements to retirement packages but no return to traditional pensions. analysts expect a close run—vote. these workers picketing outside the 737 felt more concessions were needed. —— plant. it's n

our business correspondent, theo leggett is at the paris auto show and spoke with the chief executiveptimistic is that— what makes me optimistic is that renault had to kind of ask itself— that renault had to kind of ask itself the — that renault had to kind of ask itself the right question three or four— itself the right question three or four years ago when we were in trouble — or four years ago when we were in trouble and right now it has given— in trouble and right now it has given us— in trouble and right now it has given us an advantage because some _ given us an advantage because some of— given us an advantage because some of the cars are now coming to the _ some of the cars are now coming to the market, any hybrid and electric— to the market, any hybrid and electric cars and a lot of technology. we try to beat those _ technology. we try to beat those negative trends. you will see that there _ those negative trends. you will see that there is _ those negative trends. you will see that there is a _ those negative trends. you will see that there is a large - see that there is a la