the long rain of willie walsh coming to an end at iag -- the n of willie walsh.o to become the ceo. iag runs both british airways and iberia. let's get to first word news now . leanne: good morning, matt. contradictory reports emerging about what caused a ukrainian boeing 7372 crash in tehran. tehran initially blaming a technical issue, then an engine fire. it offered no comment on the call. all 176 people on board the plane were killed in the crash. while u.k. and e.u. -- mapping out rival red line for a the clash mayal, be even harder than the divorce talks themselves. boris johnson insisting he will not extend the u.k.'s transition period, but eu president ursula von der leyen says a full deal by the end of this year is impossible. this is bloomberg. anna: thanks very much. president trump is bowing more moreions on iran -- vowing sanctions on iran. we look at how the administration's campaign of mounting pressure is working. vowing more trump sanctions, you have to ask yourself what is left. i want to show how the oil sanctions have worked. look at this -- re

rivals, like willie walsh of british airways, they are not happy. a misuse of public funds. willie walsh has sent a letter to grant shapps, not in the public domain, but i have seen a copy and it is very strongly worded. it says it is a blatant misuse of public funds. it points out that flybe is part owned by virgin atlantic, in part owned by delta air lines, one of the largest and most profitable airlines, and it says if they do not have the resources to keep it operating, why are they falling back on taxpayer support? a great deal of anger. 0ther falling back on taxpayer support? a great deal of anger. other airlines are not so against the proposal. they say the regional connectivity thing is worthwhile doing and it is only a small amount of public funds. just explain how flybe and its roots fit into the transport network in the uk. over the years, the regional airline industry in the uk has shrunk right down, there are now only three players, the largest is flybe, then there is logan, which operates as a franchise flybe anyway. it is routes like

british airways owner international airlines group says chief executive willie walsh will retire at they for 15 years. the former pilot was instrumental in the merger of british airways and spain's iberia, which are now part of one of the world's biggest airline groups, also including aer lingus and vueling. iberia's luis gallego will take over from mr walsh. the world bank has warned the global economy will barely improve this year, after 2019 saw the weakest growth since the financial crisis a decade ago. it says global trade and investment are still vulnerable to us—china tensions, as well as a flare up of hostilities in the middle east. former nissan boss carlos ghosn is due to speak to lebanese prosecuters today after he dramatically skipped bail injapan last week. meanwhile, japan's justice minister has repeated his country's desire to see mr ghosn face trial over the claims of financial misconduct which he again emphatically denied at a dramatic news conference yesterday. mariko oi is in singapore. we heard from carlos ghosn direct yesterday, what has been the reaction? i have to

willie walsh, the ultimate boss of ba, argues that virgin and delta have the resources to rescue flybeas picking up the tab for their mismanagement of the airline. he added, "this is a blatant misuse of public funds." flybe is the latest in a succession of troubled uk travel companies. last year, it was thomas cook, with 9,000 jobs, which the government decided not to save. ministers have moved quickly to defend their approach this time. the government isn't in the market to bail out private companies. what we do, on a case by case basis, is look to see whether a business is viable. the difference, for example, between flybe and thomas cook was that in the case of thomas cook it had huge amounts of debt, and any taxpayers' money would have simply been throwing good money after bad. it was not a viable company. it is understood that the flybe rescue package involves the government allowing it to defer £100 million of tax, the air passenger duty, which it collects from travellers and is then supposed to pass on the the exchequer. also at least £80 million shareholders, including virgin a

willie walsh, the ultimate boss of ba, argues that virgin and delta have the resources to rescue flybethe taxpayer was picking up the tab for their mismanagement of the airline. he added, "this is a blatant misuse of public funds." flybe is the latest in a succession of troubled uk travel companies. last year, it was thomas cook, with 9,000 jobs, which the government decided not to save. ministers have moved quickly to defend their approach this time. the government isn't in the market to bail out private companies. what we do, on a case by case basis, is look to see whether a business is viable. the difference, for example, between flybe and thomas cook was that in the case of thomas cook it had huge amounts of debt, and any taxpayers‘ money would have simply been throwing good money after bad. it was not a viable company. it is understood that the flybe rescue package involves the government allowing it to defer £100 million of tax, the air passenger duty, which it collects from travellers and is then supposed to pass on to the exchequer. also at least £80 million shareholders, inclu

willie walsh, the ultimate boss of ba, argues that virgin and delta have the resources to rescue flybe of the airline. he added, "this is a blatant misuse of public funds." flybe is the latest in a succession of troubled uk travel companies. last year, it was thomas cook, with 9,000 jobs, which the government decided not to save. ministers have moved quickly to defend their approach this time. the government isn't in the market to bail out private companies. what we do, on a case by case basis, is look to see whether a business is viable. the difference, for example, between flybe and thomas cook was that in the case of thomas cook it had huge amounts of debt, and any taxpayers' money would have simply been throwing good money after bad. it was not a viable company. it is understood that the flybe rescue package involves the government allowing it to defer £100 million of tax, the air passenger duty, which it collects from travellers and is then supposed to pass on the the exchequer. also at least £20 million from shareholders, including virgin and stobart air, and a possible loan from

ba supremo willie walsh has lodged a complaint with the eu, saying the taxpayer was picking up the tab of the airline, adding, "this is a blatant misuse "of public funds". the government insisted the deal was fully compliant with state aid rules and preserved regional connectivity across the uk. flybe is the biggest operator from these airports, spanning scotland's north—east, to england's south—west. reducing taxes on domestic flights could make those journeys cheaper, but, at a time when many argue we should be flying less, should we? no, i think that connectivity around the country is incredibly important. take the flights to the scilly isles, for instance. it's very hard and takes a long time to get to the scilly isles if you're not in an aeroplane. and being able to connect different parts of the country is important. at the same time, flying has already decarbonised and can decarbonise more. but flying still uses a lot of fuel and emits a lot of carbon. climate scientists say ministers are sending mixed messages. the government has been deeply inconsistent because you have to rem

ba supremo willie walsh has lodged a complaint with the eu, saying the taxpayer was picking up the tabgement of the airline, adding, "this is a blatant misuse "of public funds". the government insisted the deal was fully compliant with state aid rules and preserved regional connectivity across the uk. flybe is the biggest operator from these airports, spanning scotland's north—east, to england's south—west. reducing taxes on domestic flights could make those journeys cheaper, but, at a time when many argue we should be flying less, should we? no, i think that connectivity around the country is incredibly important. take the flights to the scilly isles, for instance. it's very hard and takes a long time to get to the scilly isles if you're not in an aeroplane. and being able to connect different parts of the country is important. at the same time, flying has already decarbonised and can decarbonise more. but flying still uses a lot of fuel and emits a lot of carbon. climate scientists say ministers are sending mixed messages. the government has been deeply inconsistent because you have

ba supremo willie walsh has lodged a complaint with the eu saying the taxpayer was picking up the tabirline, adding, this is a blatant misuse of public funds. the government insisted the deal was fully compliant with state aid rules and preserved regional connectivity across the uk. flybe is the biggest operator from these airports, spanning scotland's north—east, to england's south—west. reducing taxes on domestic flights could make those journeys cheaper, but, at a time when many argue we should be flying less, should we? no, i think that connectivity around the country is incredibly important. take the flights to the scilly isles, for instance. it's very hard and takes a long time to get to the scilly isles if you are not in an aeroplane. and being able to connect different parts of the country is important. at the same time, flying has already decarbonised and can decarbonise more. but flying still uses a lot of fuel and emits a lot of carbon. climate scientists say ministers are sending mixed messages. the government has been deeply inconsistent because you have to remember that

in a complaint to the european commission, we have had willie walsh, the outgoing head of iag, the companyst want to use airways and iberia, he said virgin delta nowjust want to use the taxpayer to pick up the tab for their mismanagement of the airline. this is a blatant misuse of public funds. he has complained to the european commission that this is in breach of european state aid rules which are meant to protect the competitive environment for airlines. the chief executive of easyj et has airlines. the chief executive of easyjet has also come out against this, saying taxpayers should not be used to bail out individual companies, especially when they are backed by well funded businesses. this is all about plans to defer payment of air passenger duty, which is collected by the airlines on behalf of the government and it looks as though there is going to be a little bit of a holiday before flybe has to pay that back and also the proposal that, in future, air passenger duty could be reviewed. also, criticism is coming from other department. the rail delivery group, which represents railway

rivals, like willie walsh of british airways, or iag which owns british airways, are not happy. as a misuse of public funds. willie walsh has sent a letter to grant shapps, which is not in the public domain but i have seen a copy of it. it is very strongly worded. he says it is a blatant misuse of public funds and it points out that flybe is part owned by virgin atlantic, which in turn is part owned by delta air lines, one of the world's largest and most profitable airlines. and between the two of them they do not have the resources to keep flybe operating, well, then why are they falling back on taxpayer support? so a great deal of anger there. other airlines not quite so against the proposal. they say the regional connectivity thing is worthwhile doing and it is only a small amount of public funds anyway. over the years, the regional airline industry in the uk has shrunk down so there are now only three players. by far the largest of which is flybe, then there is also loganair and eastern airlines, which is actually operated as a franchise of flybe anyway. but it has routes li

in a letter to the transport secretary, willie walsh pointed out that flybe is part owned by delta, whichprofitable airlines and has the cash to keep it going. flybe is thought to own about $130 million in taxes. us president donald trump has launched a fresh attack on apple, tweeting that the company is refusing to unlock iphones "used by killers, drug dealers and other "violent criminal elements". the comments come after us attorney general accused the tech giant of being unhelpful in an inquiry into a shooting that's being treated as a terrorist act. the us national security agency says it's discovered a vulnerability in microsoft's windows operating system that provides a backdoorfor hackers. both the nsa and microsoft say they had no evidence that the flaw had previously been abused. this is the first time the nsa has publicly ta ken credit for finding a security flaw. the online retail giant amazon says its going to invest a billion says it's going to invest a billion dollars in india to try and help small and medium size companies get online. it comes as the founder jeff bezos visi

the airline veteran willie walsh steps down as the chief of british airways's parent company iag aftermber of months." a final decision on whether to strip arriva of the franchise completely and bring it under public control will be taken later this month. retail sales falling for the first time in a quarter of a century. and not evenjohn lewis is immune. staff there have been warned that they may not get their annual bonus for the first time since the 50s. managing director paul nickolds is leaving after two years at the top. not a great two years for her. why? well, sales are down, profits are down, they are likely to fall further, and this is after christmas, which is supposed to be a boon for retailers. 0ne christmas, which is supposed to be a boon for retailers. one of the reasons as we are just not buying as much stuff. some people might be feeling the pinch, maybe there are worried aboutjob security or uncertainty, there has been a lot going on in the news in the last six months which might put you off spending. there is also strong evidence that we would rather spend £10 in the

what is next for willie walsh? he's well known, well respected in the industry.is only 58, so who knows? if he does, i don't think it will be for want of offers. he's been such a dominant personality in european aviation for so long, seeing off pretty much all comers, perhaps apart from michael o'leary at ryanair. certainly he is one of those big hitters that transformed aviation, outside the u.s., certainly. he is not someone you would really think of as being particularly laid-back and yearning for his pipe and slippers. so we'll see. but if he did pop up somewhere else, it wouldn't be a huge surprise to me. vonnie: some breaking news now on johnson & johnson. a u.s. government sponsored casting doubts on claims that baby powder boosts the risk of ovarian cancer. drew: one of the big issues with these cases, which essentially claimed that talc powder produced by j&j, their claims that this was tainted with asbestos gave women types of cancer, has been attempting to assess what is the scientific evidence for whether or not this happens? and that's really, really

what is next for willie walsh? he is well respected in the industry.er: ostensibly, he is retiring. he is only 58, so who knows? he has been there for 15 years as british airways ceo and then led the formation of itg -- of iag new merger with iberia. airlines various other . welling in spain, to create this ,ig european airline group which certainly over the last few years has proved to be more efficient than competitors such as air france. there been rumors he could do other things. is he done? he has radically transformed iag , radically transformed the european landscape, do you think he is done? there is a job opening at emirates, there is may more work to be done. christopher: if he does retire it will not be for want of offers. he has been such a dominant personality and european aviation. certainly is one of those big hitters who transformed aviation outside the u.s. it is hard for me to see him kicking back. guy,he is not that kind of is he? christopher: no. he is a driven character. he is not someone you would think of as being particularly la

and airline veteran willie walsh steps down as the chief of british airways's parent company — iag.hether to strip arriva of the franchise completely and bring it under public control will be taken later this month. john lewis — the poster child of traditional british retail — has just lost its boss. paula nickolds is stepping down next month after just two years in the top job. why? profits are down, they're expected to continue to be down, and —— this is after a pretty dismal performance last year and the christmas season — which is normally a boon for retailers. they're not the only ones feeling the pain. m&s has failed to build on signs of a recovery in its clothing business — and high levels of waste have hit its profit margins on food. tesco's been talking today about a subdued market in the uk. in fact, the brc, the retail lobby group says 2019 was the worst sales year on record for the industry, what should we make of all this? lets get the insights of kristen davis from shoppercentric — a specialist agency working across major retailers here and across the eu. sales havent

willie walsh — chief executive of the company that owns british airways — called the move "a blatant that would see the taxpayer pick up the bill for mismanagement, while the green party's caroline lucas said plans for a review of air passenger duty on domestic flights would hamper efforts to cut carbon emissions. the mail on sunday has published its defence in the legal case brought by the duchess of sussex over its publication of a letter she wrote to her father. the newspaper says there is a legitimate public interest in the activities of the royal family and that the duchess couldn't have expected to letter to remain private. meanwhile, meghan has made her first public appearance since she and prince harry announced their intention to step down as senior members of the royal family. the downtown eastside centre, a women's refuge in vancouver, posted this picture on facebook of her with staff and visitors. storm brendan's caused disruption across parts of the country overnight, with strong winds bringing down trees and damaging buildings. in slough, the storm ripped the roof off t

also the chief executive of iag, the parent company of da, willie walsh, he has said that he will steprtainly for the 2300 staff who work there and the airports it serves, a really important announcement. an investigation is underway after a passenger plane dumped fuel over the grounds of several schools while making an emergency landing at los angeles airport. around a0 people, most of them children, were treated for skin irritation and breathing problems. the delta airlines flight was bound for shanghai and experienced mechanical problems shortly after take off. the fuel was released to reduce the aircraft's weight to allow it to land safely. there are fears as from the australian bushfires could pollute the water supply in new south wales. several hundred thousand hectares of land have been burned around a dam which provides most of sydney's water supply. rain is forecast and could wash debris and ash into reservoirs from burnt—out areas, which are more prone to flash—flooding. the authorities are deploying flood barriers as a precaution. councillors have approved plans to build a m