key part of donald trump's economic rhetoric has been the loud and constant complaint that china treats the ushen it comes to trade. he has picked up america's long—standing criticisms of the way china appropriate foreign technology and fails to respect intellectual property. and to that he has added a stream of complaints about the size of the trade deficit that the us has with china. but now is when rhetoric finally has to turn into policy. mr trump's men in china steve manoukian and bob lyte hiser are tasked with getting china actually to agree to do anything that will satisfy mr trump's wide ranging grievances. the mood music emanating from the us delegation seems positive for now —— mnuchin. president trump indicated he might let the march one deadline for increased tariffs slipped a little, so increased tariffs slipped a little, so for now markets here in new york and around the world can be encouraged that the deal is close to happening. what it will actually look like, well, that is unknown. it might be worth noting that another key piece of mr trump's rhetoric, building the border wal

china's economy is slowing. the userns it could face deceleration in the face of global growth beginning to slow down. i think as part of that that is why you see the sides keen to reach a deal. it is clear that donald trump would like to see something done on this and the chinese in a sign of goodwill have also come to the table not empty—handed but offering to buy 5 million tons a day of soya beans from american farmers. so trying to ease some of the pain and to show that they are working together. the question is on the big issue about sort of structural changes to the chinese economy, which is what the americans are demanding, it is hard to see how much progress can be achieved on this and what the americans will be prepared to accept. india is in election year mode and ahead of that the finance minister will present his interim budget today. there could be big—ticket announcements to appeal to farmers and the middle class. devina gupta is outside parliament in delhi where it happens later today. devina, what's exp

at two thirds of the global population is here in asia, and the us— china trade dispute is very importantf us. that's right, so whether or not mr trump ‘s spends very much time on that topic, i think, remains to be seen. i think because of this inward looking focused on america and america first, i think it's likely that we hear much about china, maybe just a passing mention. but in your view, are we getting closer to a deal?” think the latest rounds of meetings in washington would indicate that at least they have agreed to continue talking. i don't think anything of substance has been agreed to yet, certainly not the core fundamental issues in this trade dispute, around structural reform in china. so i think wejust have structural reform in china. so i think we just have to wait and see. but i think that is an ongoing discussion. the us president is also expected to announce that he has chosen the new leader of the world bank, currently the undersecretary of treasury has been an outspoken critic of the multinational organisations, so why would donald trump tap someone who thinks the worl

crunch time for us— china trade talks.ing later today. they will be followed by meetings with top officials on thursday and friday. they are working against a march one deadline when exports face an increase in us ta riffs of when exports face an increase in us tariffs of between 10— 25%. before we go, here is a look at the markets. we currently have a couple of asia—pacific markets open for trade. the all ordinaries index is down by 13 points and sang index losing 19 point. the japanese nikkei 225 is closed today due to a public holiday. —— hang seng. sport today is coming up next. this is bbc news the top stories this hour. an entire town in new zealand has had to be evacuated as a huge forest fire threatens the homes of three thousand people. health officials struggle to contain a deadly measles outbreak across the philippines where vaccination rates are low. the prime minister has responded tojeremy corbyn's demands on the kind of brexit deal which he says his party would be able to support. in a letter to the labour l

hopes of progress in the us/china trade talks and gains in europe on monday helping increase investor confidence. the us markets were closed yesterday for a public holiday, that's their closing figure for friday. we start with the company at the centre of the us—china trade war, huawei. in an exclusive interview with the bbc, the founder and ceo of the chinese telecoms giant was defiant, saying pressure from washington will only make it stronger. our asia business correspondent, karishma vaswani, spoke exclusively to huawei's famously reclusive founder ren zhengfei. translation: there is no way the us can crush us. the world needs huawei because we are more advice. even if they persuade more countries not to use us they persuade more countries not to use us temporarily we could just scale things down a bit, and speakers the us keeps targeting us and finding fault with us it has forced us to improve our product and services. what kind of impact would it have on your business if the united states is successful in getting many of its partners in the west to shut your equipment out?“ the

that is really due to optimism that the talks between the us and china are progressing. also see australian markets really rising as oil and resource stocks again because oil prices as well are at a 2019 hybrid i mentioned wall street, this is how they ended last week and i keep saying, all eyes are on those talks between china and the us and that will continue to influence what the markets do this week. that is it for this addition. thank you for watching. —— this edition. this is bbc news. our main story this hour: donald trump calls on world leaders to take back members of the so—called islamic state — and put them on trial. theresa may has written to conservative mps urging them to unite behind a brexit deal. efforts will resume on monday to persuade the eu to agree changes to the insurance policy to prevent a hard border with ireland. here's our political correspondent, ben wright. the lobbying of eu leaders will continue apace this week as theresa may tries to deliver on her pledge to secure legally binding changes to the irish backstop, the most contentious part o

a very good weekend for us & china!" isjinny yan, she‘s the chief china economist at icbc standard. thanks very much forjoining us here on the programme. they are saying things like substantial progress. is this a step in the right direction? certainly a short—term truth really isa certainly a short—term truth really is a good news for not only financial markets, but also consumers, investors. ithink sentiment has been the biggest impact out of the carriage trade talks, and clearly, short term wise, it isa talks, and clearly, short term wise, it is a positive, however, the question now is whether this is staying, as we know that us— china will continue to be at conflict over certain issues. and they sat on issues, and things like intellectual property and technology. i‘m sorry, we are going to have to just hold it there for a second, because we are waiting for this press conference with theresa may and she has just appeared. let us us have a listen in. so that we can deliver prosperity and security for all of our countri

so, we surely expect more positive developments on the us— china trade front when the us market restart much for investing your time on us. i am rico hizon. sport today is coming up next. just before sport today, let's bring you up to date with our top stories this hour. the oscars ceremony has begun in hollywood. regina king has won the oscar for best supporting actress for her role as a mother trying to look out for her pregnant daughter in if beale street could talk. north korean leader kimjong—un is on his way to vietnam for a summit with president trump, their second meeting. labour's deputy leader has said that his party is heading in the direction of supporting another eu referendum, and that that point might come in the days ahead. tom watson also spoke of a "crisis for the soul" of the party, after the resignation of nine of its mps. he said jeremy corbyn had to take a personal lead in tackling anti—semitism within labour. a party spokesman said all such complaints are taken extremely seriously. here's our political correspondent alex forsyth. they were all elected as labour mp

the us has already imposed tariffs on $250 billion worth of chinese goods. chinad by imposing duties on $110 billion worth of us products. in december both countries agreed to halt new ta riffs both countries agreed to halt new tariffs for 90 days to allow for talks. the us has now said it will increase tariff rates on some $200 billion worth of chinese imports from 10% to 25%, if the two sides did not retake a deal by march one. separately there was a report from bloomberg suggesting that as part of any deal, the united states is now seeking to secure a pledge from china that it will not devalue its currency. most likely to prevent it from countering the impact of american tariffs. 0fficials from countering the impact of american tariffs. officials from the us and china are back at the negotiating table for a fresh round of talks. this time in washington, dc. in new york. let's turn our attention to china's blueprint to its own version of silicon valley, estimated to become a trillion dollar economy. there will be 1a bay area cities that will drive the region ‘s

from the wall streetjournal — pressure grows on the us, china to forge trade deal. he consequences of failure in talks before a march deadline. and a little bit more on the asian business use later on. asian shares have been down on those trade concerns. i will see you soon. the rover europe sends to mars next year will bear the name of dna pioneer, rosalind franklin. at least 30,000 people took part in a competition to name the vehicle. rebecca morelle reports. i am here at a mock—up mars where this prototype rover has been put through its paces. it's designed to roam across the rocky martian terrain. now, this mission is nearly complete. everything is almost ready but one vital element has been missing and that's been the name of the rover, and today it's been unveiled as the rosalind franklin rover. to explain why, i'm joined by the british astronaut tim peake. tim, so why is this rosalind the rover, why the name? rosalind franklin, a great british scientist who did so much to unlock the secrets of human life, to dna and the double helix, and so it's only fitting

china. goods that go from the us to china don't say made in the us because it is energy, it is agricultural kly, china's concerned that especially on the agricultural side, we saw, i believe, an offer to buy 500 tons of soy beans a day, why is that? no soy beans, no pigs. china has a heck of a time maintaining this. that is without importing soy beans. theyjust don't have the space to grow it. this indicates one dependency they have got. despite the advances in solar and wind energy, china is still very much dependent on hydrocarbons and their domestic supplies hardly meet their needs. still, professor, their manufacturing sector is very strong and there is a lot of government subsidisation, how does that factor in? well, i describe the manufacturing sector in china as just awesome. most americans don't want to accept the fact that technology there is first—rate, the supply chains are first rate, and the work ethic is very different from, perhaps our work ethic. i did see something very telling in china. it is called the 9—9—6 plan. this is largely in the technology sector. what does it mean

rhetoric was the loud and co nsta nt economic rhetoric was the loud and constant complaint that china treats the used up america's long—standing criticisms of the way china appropriates foreign technology and fails to respect intellectual property. and to that he has added a stream of complaints about the size of the trade deficit that the us has with china. but now was when rhetoric finally has to turn into policy. mr drum's man —— men in china, steve mnuchin and bud light hi mark, are tough to get them to do anything. the mood music emanating from the us delegation seems positive for now. that president trump has indicated that he might let them —— the march one deadline for increased tariffs to slip a little. so for now markets here in new york and around the world can be encouraged that a deal is close to happening. well —— what it will likely look like, that is unknown. it might be worth noting that another key piece of mr drum's rhetoric, building the border wall, also just rhetoric, building the border wall, alsojust met rhetoric, building the border wall, also just met political reality and

early for us. in the us, because president trump has hailed "tremendous progress" after two days of us—chinaey are trying to head off an escalation of the trade war between the two sides — that has seen import tariffs imposed on $360 billion worth of goods. us taxes on many chinese goods are due to rise from 10% to 25% if no deal is reached by the first of march i think the relationship that we have right now with china has never been so advanced. i don't think it's ever been better. but i can tell you for a fact it's never been so advanced. and certainly a deal has never been so advanced. because essentially we don't have a deal. we never had a trade deal. we're gonna have a great trade deal. but we never really had a trade deal with china and now we're gonna have a great trade deal with china if it all works out. and we look forward to it. it's gonna be great for both countries. well, a lot of gesticulating there. but what does china make of this? sharanjit leyl and our asia business team have been following the story closely in singapore. what is the response into some of the comments we

the problems of china and trade extend well beyond the us. they've got other wars waging elsewhere. a huge economy with an awful lot of people. you can't just change china overnight. everyone has been aware of ip issues over time but china is making progress in key areas like ip. brazil tension between what they can do and how fast it takes to change their approach. there is no question china does need to play by the rules. that's what rating the tensions and what the us is reacting to. perhaps different rulebooks. but stay with trade tensions in china. the australian dollar and mining shares have been hit hard in the last few hours on reports that the northern chinese port of dalian has suspended imports of coal from the country. china is australia's biggest trading partner and the biggest buyer of its coal. relations have been strained in recent years though by a series of diplomatic rows. but australia's prime minister scott morrison has rushed to play down the significance of the move, which china is routine. people should be careful about living to conclusions about this. this i

beijing hit back with tariffs on $110 billion of us goods. china'sus have been hit, but it's doing damage on both sides. us sales to china plunged a1% last month, according to official chinese figures out yesterday. and it could get a lot worse. the us has said that from march 1, it will raise tariffs on chinese goods from 10% to 25% — unless there is an agreement. china, in that instance, would be pretty sure to retaliate. so there is huge pressure to avoid an escalation. reports have suggested that president trump could be willing to extend that deadline for 60 days, to buy a bit more time to do a deal. let's go straight to stephen mcdonell, who's our correspondent in beijing. talk then of some possible concessions coming from the chinese side, what more do we know about that? well, not telling us that there has been any breakthrough yet, and everybody is really counting on something being achieved from this meeting but the problem is, you know, you just spoke about how complicated this years and we are just weeks away from this march one deadline,

the first will be the us, where the china deal would reach buying a certain amount of certain us goodsellectual property rights. china will agree to do more, but whether they are going to agree on a specific timeline and how the us can monitored china's progress is the key. what about the bottom line numbers? president trump has always came up complaining of this massive trait deficit between the two countries. if a deal is forced, by how much could this be reduced click elected, the trade gap, could be reduced close to $200 million a year. that is basically what rico trump has demanded before. it seems after so many rounds of talks, china is perhaps willing to reach that goal. saudi arabian princes in china today where he will be meeting president xi xingping. he visited pakistan and india earlier this week. and now some major investments. he has been on a charm offensive —— charm offensive tour of asia to try and repair some of the international bonus to his image that the murder ofjournalist international bonus to his image that the murder of journalist jamal khashoggi has cost. wha

between brexit and the ongoing us—china trade war, the two countries are strengthening their economicsiness hub where rico hizon is following the story. so, rico, what have they been doing today? you are at work where most people you are are enjoying the holidays? it is happy lunar new year in asia that japan is working and the nikkei is trading. what is important right now is the meeting between shinzo abe and angela merkel. they are on the second day of the summit and they both agree that they want to head off a no—deal brexit that could rattle their respective economies. both leaders are the most outspoken defenders of the international order being shaken by brexit and the us— china trade war. their two—day summit in tokyo explains days after japan and european trade union agreement came into effect, removing essentially all of the tariffs. she and so are they stressed that a no—deal brexit should be avoided and wa nts no—deal brexit should be avoided and wants the effect onjapanese companies and the economy to be kept ata minimum. companies and the economy to be kept at a minimum.

well, let's get more on those us—china trade talks mentioned by babita a moment ago. trike "the biggest deal ever made", with mr trump suggesting he could soon meet with president xijinping. i spoke earlier to long time chinese government advisor dr robert lawrence kuhn, who said now is the time for both sides of this trade war to come together. both president xi and president trump need to do this deal, for very different reasons. president xi is facing what he calls substantial risks, just had a big meeting with senior leaders about risk, political risk, financial risk. he has made a commitment to the chinese people to eliminate all extreme poverty in china by 2020 and at a pollution is one of his themes. he does not need a trade war even more tariffs on chinese goods —— antipollution. president trump looks at the stock market as his bellwether of success. he is going into an election cycle. he is going into an election cycle. he has many domestic issues and personal issues he is dealing with. he needs a so—called win on china. great pressure on both men to get a dea

the us shelves higher tariffs on china ‘until further notice‘. president trump's trade chief warns the standoff could go on for years. plus, could 2019 be the year the us boom turns to bust? growth figures out later could confirm the slowdown has begun. and on the markets, asian shares fallback as the us trade chief dials back expectations for a sweeping deal with china — and sentiment also being hit by weak factory data from china. we start in the us, where president trump's chief trade negotiator has confirmed a big hike in tariffs on chinese goods will be suspended "until further notice". import taxes on $200 billion worth of chinese products were due to rise from 10% to 25% on friday — but the president said on sunday he had decided to delay the deadline. giving testimony before congress, though, us trade representative robert lighthizer warned there would be no quick solution to the trade war. we have engaged in a very intense, extremely serious, and very specific negotiation with china on crucial structural issues for several months now. we

markets, stocks are up in asia, tracking a strong session on wall street boosted by optimism over us—chinade talks. markets have gained in the us and in asia after president trump said he could let a march deadline for a deal with china slide. it comes as treasury secretary steve mnuchin and trade representative robert lighthizer arrive in beijing for talks. trump had previously said, if a deal wasn't agreed by1 march, tariffs on $200 billion of chinese goods would more than double from 10% to 25%. let's take a quick listen to what donald trump said. if we are close to a deal, where we think we can make a real deal and it's going to get done, i could see myself letting that slide for a little while, but generally speaking i'm not inclined to do that, 0k? rico hizo is in our asia business hub in singapore. nice to see you. so the markets are very much looking at the positive, and hopeful that talks will go well at the end of this week. that's right, sally. it was a statement from the us president that took the markets by surprise, that he could extend the march one deadline if good progress

top—level us officials are heading to beijing this week for the latest round of us—china trade talks he march the first deadline for a deal. without an agreement, us tariffs on $200 billion of chinese imports will rise from 10% to 25%. fiona cincotta, senior market analyst at city index joins me now. good morning, fiona. we talk about this deadline of march one. to remind our viewers, this was agreed and announced on the sidelines of the 620 and announced on the sidelines of the g20 summit in aboyne azeris stockily gas. it is something investors were extremely pleased to hear. it really put a floor under the sort of fall in stocks we have been seeing prior to that. it has lifted optimism that there would be progress in a trader before then. lifted optimism that there would be progress in a trader before thenm was a 90 day truce that was called and we are getting quite close to that date now. this week is quite important. exactly. we are very close now. investors are starting to get rattled about how close we have got without any solid evidence of an agreement being done. the fact that

china got 382 pages of accepted in the us got 264. so there appears competitive already. i think it's also worth saying that one other criticism we hear of china is that they may not have or invent as much or copy more but a metrics of this is numbers of papers you submit personal numbers papers to get accepted china submitted way more than the us but if you look at the stats china's acceptance rate is something around 15, 60% in the us is 20 or 21%. it tells us two things. it tells us one, china is competitive in ai research and it's not an upstart that is truly here and two, yes, it looks like the us scientific and researcher could be slightly better caliber of paper right now. to your question about whether they are winning here i think it's worth thinking about where that technology is developing these are not economic papers for military organizations and based on my experience many military organizations are not leading in ai but consumer companies and in china in these apps, not emissions. the question for us is to what extent do we see the tightening links between

officials are heading to beijing this week for the latest round of us—chinaks — with less than three weeks to go until the march the first deadline for a deal. leading the us delegation will be trade representative robert lighthizer and treasury secretary steven mnuchin. mnuchin has acknowledged that a "wide range of issues" remains to be worked out. key among them are likely to be washington's claims of theft of american intellectual property and massive market distortions through subsidies and other measures. president trump said in his state of the union address that any new trade deal with china "must include real, structural change to end unfair trade practices". the news that mr trump doesn't plan to meet his chinese counterpart xi jinping before the deadline unsettled the global markets last week. without a deal, tariffs on $200 billion of chinese imports will rise from 10% to 25% on march 1. the un's trade agency has warned of huge costs if that happens. in a report the un estimates that east asian producers will be hardest hit, with a projected $160

plus, eight days and counting — the us and china return to the table to try to head off an escalationtheir trade war with steep new tariffs planned for march 1. and on the markets, wall street gets a boost from minutes of the last federal reserve meeting that confirmed the us central bank will be patient on further interest rate hikes. as you can see, asia is following suit. we start in san francisco where south korean tech giant samsung has unveiled what it hopes could revolutionise the smartphone industry. it's called the galaxy fold, a smartphone that opens up into a tablet. as you can see behind me here. we'll take a closer look at it in a moment. first, let's show you why samsung and its rivals need to come up with something. samsung is still the world's largest smartphone maker — just about! late last year, its share of the market slipped to 18.6% where you can see behind me here, from more than 20% earlier in the year. the rise of cheaper chinese rivals has taken sales from both samsung and from apple. you can seek huawei has a big stake there. but the overall market has stoppe

representative robert litan hisor has arrived in beijing for talks on thursday aimed at resolving the us china terror of conflict at the root our us complains about china's ambitions to be a global leader in emerging technologies. nissan has released its twenty eighteen results and it's a worrying picture for the japanese carmaker it claims a forty five percent drop and bottom line profit for the first nine months of its fiscal year on weakening global demand and there's a bigger question looming over the company the future of its alliance with the french car manufacturer the partnership was put together by former chairman and c.e.o. carla scone a man we now sits in a tokyo jail. the relationship between the two car makers has never been easy and with going out of the picture it stands to get worse nissan c.e.o. who wrote to a psychologist said tuesday that maintaining the alliance is his priority but he suggested nissan wants more parity in the relationship what's called them on how to cope with all that i don't think the alliance is something which becomes valuable just because parties are t

pressuring its allies not to use a huawei's equipment because the us said that this equipment could be used by chinaow he was vehement, repeatedly saying this would not happen, and that his company could not be used to spy on its customers and competitors, but he was also defiant, saying the us could not keep huawei down. have a listen to what he had to say. translation: there is no way the us can crush us. the world needs huawei because we are more advanced. even if they proceeded more countries not to use us temporarily, we can just scaled things down a bit. and because the us keeps targeting us and finding fault with us, it has forced us to improve our products and services. what kind of impact would have on your business if the us is successful in getting many of its partners in the west to shut your equipment out? translation: if the lights go out in the west, the east will still shine. and if the north goes dark, then there is still the south. america doesn't represent the world. how important is the future of huawei in the uk with regards to your investment plans and jobs? are you able to gua

nikkei 225 as the yen weakens versus the dollar and on optimism about trade talks between the us and chinapanese carmaker nissan is about to deliver its first set of earnings since the arrest its former—chairman carlos ghosn. he remains in custody in tokyo, on financial misconduct charges. nissan is expected to book ghosn‘s pay — which it says was underreported — totalling around $82 million as an expense for the year to the end of march. the car giant is also feeling the effects of weaker demand in china, where new car sales declined in 2018 for the first time in 28 years, sliding 2.8% to just over 28 million vehicles. as for the us, nissan's sales there plunged 19% injanuary. the company is cutting as many as 700 workers at its mississippi factory due to slowing truck and van sales. anna—marie baisden — head of autos at fitch solutions. nice to see you again. tell us what you are expecting. we are expecting at lower profits from them for 2018. i think you have just highlighted a lot of the challenges facing them. it's not just about lot of the challenges facing them. it's notjust about g

china. whatever us president donald trump talked about would have to be prevented in partnership with china.ou very much. alison eva ns, alison, thank you very much. alison evans, giving us the economic implications of that failure to reach an agreement at the hanoi summit between us and north korea. there is more on that story on our website and on bbc news throughout the day so with us. —— it so stay with us. let's take a look at some of the other stories making the news. proposed rules restricting immigration by lower paid workers after brexit will decimate factory workforces, according to the uk's main manufacturing association make uk. it warns that plans to introduce a £30,000 minimum salary, roughly $40,000, threshold would have disastrous impacts with some 88% of skilled workers not receiving that level of pay. british airways and iberia owner international airlines group has reported a 9.8%jump in profit to 3 billion euros in 2018. the boss of iag, willie walsh, said the good performance came despite rising fuel prices and air traffic control disruption. but the group warned there w

investors are hoping for some sort of resolution to the china— us trade spatin resolution to the chinach are of course ongoing. high level once upcoming. the dowjones was around its opening mark. coming up was around its opening mark. coming up next is the news briefing. we'll take you through ther stories making headlines in the global news media. stay with us on bbc news. the nuffield trust says young people in the uk are more likely to die from asthma or have a poor quality of life from long—term conditions compared their counterparts in other high incomes countries. it found that nearly one in five young people are said to have a long—standing condition. but trends in smoking and alcohol consumption amongst young people have been improving in recent years, and the uk has some of the lowest rates of road traffic accidents. john owen reports. young people in the uk are making healthier lifestyle choices than ever before but compare to other high income countries such as germany, the us and australia, britain is still underperforming on several crucial measures. eskom study that compa

representative robert light hisor has arrived in beijing for talks on thursday aimed at resolving the us china tariff conflict at the root our us complained about china's ambitions to be a global leader in emerging technologies. to india now as prime minister narendra modi has been facing criticism for the deepening crisis in his country's agricultural sector that's why the beginning of this month his government announces steen worth ten billion dollars to help crisis if august farmers all over the over india hits buy low produce prices crippling debt repayments and volatile weather duction costs are rising but there are ways out of that prize is a perma culture. but mark is a content woman today twenty years back when she and her husband a son of both this land in the arid state of telling ghana it was dry and barren. strong advocates of growing one's own fruits the couple built their farm plant by plant to be around it is a five hec to fruit forest grown completely free of fertilizers and pesticides and driven by the philosophy of. it's a visit to philosophy like imagine what in patients we

china in our communications network. because of the relationship that the us and china have and the fact that actually this cyber espionagef that debate over the us china trade war, it has meant europe has had to look at itself to formulate its own independent policy and think about what the consequences are. that really is what come it has been an issue raised, that is what some european policymakers might, and the desire to have all this consistent across the member states is there as well. when it comes to check on things like mobile phones, how they are used, gdp are, that kind of thing, it has been pretty strong and consistent globally when it comes to this issue —— gdpr. consistent globally when it comes to this issue -- gdpr. people would argue on level that it prevents innovations happening quite quickly, but another level it means across the whole european union everything is consistent and a level playing field. from a technology point of view, it adds an understanding of the relationship and in security terms and strategic terms between europe and china, it is much clearer than the relationship with the us. it

strongly as they start the week, with optimism about those trade talks in beijing between the us and china. we should discover the outcome soon. the collapse of the regional british airline flybmi has highlighted a period of upheaval for the aviation industry. the airline, which flew to 25 cities, said brexit uncertainty and rises in fuel and carbon costs led to it filing for administration on saturday. flybmi carried 522,000 passengers in 2018, way too few to make it profitable. the move puts 376 jobs at risk and comes as other airlines face problems. one of europe's big budget carriers, norwegian, prepares to ask its investors for more money, and alitalia may be rescued by a consortium of easyjet, delta airlines and italy's national rail company fs. on sunday, loganair stepped in to take over three flybmi routes from aberdeen to bristol, 0slo and esbjerg. however, these will not start until 4 march. the two carriers are owned by the same holding company, airline investments. simon calder, travel editor at the independentjoins me now. so, do we know what the latest is on the stranded pass

also some profit taking as tensions between the us and china over trade start to thaw. with domestic stocks, growing domestic demand, things that we use every day. in europe, we've got an eye on retailer m&s as it confirms a joint venture with delivery firm 0cado — after lots of speculation. the deal will see m&s take a 50% stake. it could be a landmark moment for the retailer. more on that, shortly. commerical broadcaster itv reported profits for 2018 up 13% to £567 million. it comes as the firm announces plans with the bbc to launch a rival to netflix with a streaming service to be called britbox. you will have to pay for it. that's already been up and running in the usn for two years. coming to the uk soon. speaking of which, samira is looking at what to watch on wall street today. capitol hill will, again, be taking centre stage on wednesday, as the us trade representative, robert lighthizer, will be speaking to members of the house of representatives on us—china trade issues. now, remember, mr lighthizer is the lead negotiator in the ongoing trade negotiations with

and trade us china trade talks scheduled to continue next week before that very important march first deadline how is wall street looking at these talks. well very nervous but there was a little bit of hope there was at least some speculation here on friday that the white house actually might extend the deadline from march first little bit further back so that actually could be a good sign and ease some of the very is that we recently had next week so the next the u.s. delegation is going to china and that could be decisive in where we're heading at but we are only talking about china and deposit couple of weeks but actually by the end of next week the u.s. commerce department will come out with their report and the big question is will the call mr apartment suggest to impose tariffs on european car imports and car parts of it is also a very important report coming out by the end of next week so plenty to keep wall street investors anxious quarter there for us in new york thanks. as we can finland has an income security net that is a series of benefits to ensure the unemployed can mak

china — is slowing. it's embroiled in a trade war with the us.recession in italy are raising questions over the outlook for europe. we'll ask our economics correspondent whether 2019 could see a perfect economic storm? talking of storms — how about this twitter storm? a 36—year—old man has taken out a full page advertisement in the wall streetjournal to complain about everything from the lack of hand sanitisers at forecourts to not enough lettuce in his burger. today we want to know — if you could, what would you complain about? send us your pet peeves — use the hashtag #bbcbizlive. anybody wondering why i was physically assaulting victoria, i wasn't, it was pinch and punch for the first of the month, a tradition in the newsroom. we start with online retail giant amazon — it has broken its own sales records yet again after the strongest holiday season in its history. but it's predicting a slowdown in growth and that has rattled investors, who sold off the shares in after hours trading. let's show you some of the numbers — because they are stagger

take on this role of vietnam seems to be doing better than us in that respect and we've tied in the fate of our economy very closely to that of china a weekend the chinese economy this is our largest trading partner a big source of foreign direct investment a big source of inbound tourism for us is it really going to be better for us if they do badly so this is how this is one of the things that we have to ask ourselves if we started down to find yourself as one of the key winners of this trade war about amanda thank you very much efforts to reduce all opioids prescriptions to tackle abuse in the united states have left poppy growers far afield struggling to make ends meet farmers and tasmania that's an island state of part of australia produces heart of the role substance used in legal painkillers worldwide and notice in the consequences of the us fight against opioid addiction. poppies as far as the eye can see here in cressy in northern tasmania farmers are harvesting their progeny. once upon a time these crops were in high demand knocks anymore. now instead of buying the jays as croft i guess it's just another one of many to he

stocks wait for progress at us—china trade talks.nd oil prices continue to climb while the dollar holds around two—month highs. and it's valentine's day, of course. and there will be a few corks popped today — but what does it take to produce a quality sparkling wine from scratch? and today we want to know — passengers and pilots may love the superjumbo, but from 2021 there will be no more new a380s. will you miss it? did you enjoy travelling on it? let us know #bbcbizlive. hello and welcome to business live. we start with airbus, because as you've been hearing, it's the end of the runway for the world's biggest airliner. airbus says it's ending production of the double—decker a380, 12 years after it was launched. it will make its last deliveries of the aircraft in 2021. demand for the a380 has been declining as airlines shift to smaller, wide—bodied jets. the decision comes after emirates, the superjumbo‘s biggest customer, cut back its orders from 162 to 123 aircraft. simon calder is travel editor of the independent. good to see yo

among the topics are the us—china trade war and brexit. n officials. they say he's from the uk and overstayed a visa when he came to america at the age of 12. you're up to date. stay with us. and the top story in the uk: nissan will have to reapply for millions of pounds in government funding, after scrapping plans to build a new model in the uk.

as some other concerns we might be able to have an agreement that helps us turn the corner in our economic relationship with china now here to translate for us is against carter he joins us now from wall street yes good to see you now that statement from light highs are remarkably less red euphoric than what we've heard from a trump in the past few days who has a better read on the situation do you think and why well it's probably not so much who is right or wrong but you have to look at the agenda of the u.s. president and chief negotiator ties or by flight ties or is well known to be a hard liner when it comes to trade negotiations so he already did so in the eighty's when you had to trade talks with japan the question is does he just want to put some verbal pressure on china or is he really skeptical that the deal can be reached him soon and then on the other side we have u.s. president donald trump who saw that for example the stock market reacted quite negatively specially in december when there was some doubts about the trade talks that he now tries to get a deal done so we will see who in the end has an up

among the topics are the us—china trade war and brexit. ted by us immigration officials. they say he's from the uk and overstayed a visa when he came to america at the age of 12. that's all. stay with bbc world news.

also coming up: president hails ‘tremendous progress‘ in us china trade talks. we'll have the reaction in the business briefing. a warm welcome to the programme — briefing you on all you need to know in global news, business, and sport. and you can be part of the conversation too. shares in the "to z" tech giant slide 5%, as amazon fails to deliver for investors. today we want to know — are you an amazon believer? tell us what you think — just use the hashtag #bbcthebriefing. we start in the united states, where there's been no let—up in the icy grip on the midwest. relief is on the way but for many it can't come soon enough. arctic temperatures have left schools closed, flights grounded and there've already been deadly consequences. the polar vortex has been blamed for multiple deaths — even breathing outside is difficult. the bbc‘s chris buckler is in chicago with this update. the snow has been falling in chicago again. and although their milder temperatures, it is still —16, —17, -18 temperatures, it is still —16, —17, —18 celsius. it does not look much warmer. look at the chicago r

seen as a very good protector of intellectual property and this is part of the dispute between us and chinaually they could have been passing off using their copyright. these things which mean your profits get linked to somebody else and causes losses. the sad thing is it is expensive to protect your intellectual property, even though the law gives you lots of protection. that is why globally, britain is so attractive as a place for investment, even in the times of uncertainty because our laws will help protect your profits, which they don't do in other countries. isn't that the mark of a successful business, imitation is the greatest form of flattery. you tell that to the owners. somebody where this has happened, you are spitting blood and you rarely get your costs back. this is more than just, you rarely get your costs back. this is more thanjust, as i say... i didn't pick this story, by the way. i will come clean, i picked the story. what was the other one, crypto currencies, jp morgan issuing their own? this is a big story, crypto currencies are down. i confess i own a bit of ripple. jp

top—level us officials are heading to beijing this week for the latest round of us—china trade talks three weeks to go until the march the 1st deadline for a deal. leading the us delegation will be trade representative robert lighthizer and treasury secretary steven mnuchin. mnuchin has acknowledged that a "wide range of issues" remains to be worked out. key among them are likely to be washington's claims of theft of american intellectual property and massive market distortions through subsidies and other measures. president trump said in his state of the union address that any new trade deal with china must include real, structural change to end unfair trade practices. the news that mr trump doesn't plan to meet his chinese counterpart xi jinping before the deadline unsettled the global markets last week. without a deal, tariffs on $200 billion of chinese imports will rise from 10% to 25% on marchi. the un's trade agency has warned of huge costs if that happens. in a report the un estimates that east asian producers will be hardest hit, with a projected $160bn contraction in the reg

a leading trade body at the united nations has weighed in on the us—china trade war. conference on trade and development has said the implications would be massive for the global economy if the spat escalates. monica miller is watching this story for us from our asia business hub in singapore. monaco, probably an understatement, the indications could be massive it down like that escalates and eve ryo ne down like that escalates and everyone is waiting to see if it is resolved goes the other way. absolutely, this deadline to strike a deal is 23 days away and as many people are anxious, the united nations as you mentioned, the conference of trade and development says the applications for the entire international trading system with the massive but they particularly pointed to the pipeline from many companies at this continues, here in asia, especially east asia, projecting a contraction of $160 billion, it will be hit the hardest. president trump has said this tactic in particular to make america great again, the un report disagrees, and found the us firms he thinks wil

lova helps us look at the particulars of a team's pipeline from russia to china plus with only thirty days until breakfast what happens with u.k. training agreements if there's no deal or delay the c.e.o. strome are still record which joins us to discuss and later do you want to leave the c.e.o. of the next change group joins us to talk about the upcoming twenty nineteen hong kong walking copper and why hong kong is a washington hub all that directly ahead but first we had some headlines let's go. conflict in south asia leads our globe report today is the indian air force attacks targets in pakistan two weeks after a suicide bomber hit an indian military convoy and that is disputed territory of kashmir a longstanding flashpoint between the two nuclear armed nations earlier today pakistani officials said their defense forces had shot down two indian planes in kashmir and captured both pilot pakistan civil aviation authority and their counterparts at the airport authority of india have now halted all flights between the two countries and placed a moratorium on all civil aviation along t

notjust to deal with the fact that it's the equipment could be used by china to spy equipment could beo spy which huawei then adamantly denies but also the charges we have seen the united states department of justice leveled against huawei like intellectual property theft, conspiracy to commit fraud. all these ages are really starting to create a murky atmosphere around the company. but he was defined in the face of all of that when i picked him and the fact that the us doj has leveled those charges of stealing technology from american companies, he said outright why do i need to steal from he said outright why do i need to stealfrom american he said outright why do i need to steal from american companies when my own technology is so much better. this is not a man who is afraid of what is to come, in fact he is extremely confident and i think that is the message i was trying to send out today. —— he was sending out today. we should note this is the first exclusive interview he has given to the western media and you had a chance to sit down and spend time with the man. what did he seem