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Fox has reported better than expected figures for the three months to september. But the results have been overshadowed by reports it has held talks to sell off a huge swathe of its business, most of its tv and film business, to disney. Lets show you some of the details. The likes of netflix, google and amazon are now huge players in the Media Business as more of us stream movies and tv rather than watching cable channels. Thats led millions of people to cut the cord with their cable providers. 5 million americans are expected to axe cable this year. Well over twice as many as last year. Disney is launching its own streaming service in 2019 and pulling its first run movies off netflix. Buying foxs studios would give it access to much more content. All this comes at a turbulent time for fox, as Samira Hussain explains. Zist 21st century fox is under a microscope these days. Sexual harassment scandals at its flagship network, fox news, means they are ian watched closely by regulators and investors. Being watched. And there is Rupert Murdoch was mac ta keover there is Rupert Murdoch was mac takeover bid the sky. He already owns 31 of the company. Sky has threatened to shut down sky news of the channel as an obstacle to that bid. In the us, there were reports fox was looking to shed most of its tv and film business to rival disney. How much of all of this was discussed in the earnings column . Not much. Lachlan murdoch, Rupert Murdochs son, and the executive chairman of fox, was at pains to emphasise the compa nys chairman of fox, was at pains to emphasise the companys strength in its current form. Along with our 22,000 colleagues around the world, we are singularly and intensely focused on delivering on our strategic plan. Our businesses and brands are stronger than ever, and with the right management and strategies to achieve market leading derby. And have the right management. The talks between fox and disney have reportedly broken off, but if a deal did emerge, it would be a Seismic Shift in the media industry. With me is georg szalai, International Business editor, the hollywood reporter. What are you make of all this discussion of fox doing a massive deal with disney . Discussion of fox doing a massive dealwith disney . I think discussion of fox doing a massive deal with disney . I think it is discussion of fox doing a massive dealwith disney . I think it is a reflection of the changes in hollywood. He mentioned the cord cutting in the us. Lots of Entertainment Companies are wondering how they will deliver content wondering how they will deliver co nte nt to wondering how they will deliver content to consumers in the future, online, directly to viewers, you can cut out the cable companies. Everybody is strained to beef up and get bigger, adding more content to their creation is one approach. Some companies are thinking about combining telecom to get a Distribution Platform as part of the company. Everybody is talking in the industry these days, and all the bankers that i talk to say they are pitching a lot of ideas these days. Who will emerge as the winners and losers in this . You can see the benefit for disney in terms of content, as you say, but in terms of fox . Content, as you say, but in terms of fox . Fox would focus on its sports and news operations in the united states, on television. In use, with fox news and fox is this, they are very strong. They have lots of sports platforms, the Fox Tv Network has a lot of sports. They would think those are things that are really interesting to people, very popular, and if we focus on that and put more money into those we can mmp put more money into those we can ramp up our investment. And that the same time there is all this discussion about power and who holds power in terms of news output, for example. As samira mention, Rupert Murdoch is trying to buy up the entirety of sky in the uk. One of the rumours is that he might have to forego sky news, the 2a hour news channel, as a consequence of that, if he was to get approval for that move forward. Similarly, in the united states, we have at t buying time warner, and there are discussions that they might have to give up things like cnn if that gets the all clear. It is interesting, the all clear. It is interesting, the shifting sands, with regulators assessing whether power lies and whether it is too much or not. Yes, traditionally companies try a lot of deals early in the new administration. In the us, lots of people fought with donald trump taking over the white house, lets try a few deals, a republican president might be more favourable to these deals. When it comes to he has a few. Especially when it comes to cnn. I think we will see a lot of politicising around the globe with these deals, lots of executives trying to get more careful with what has been suggested. Maybe more frustrated, as well. Thank you for your time. We appreciate your analysis. We are also in cuba, which has been reliant on Venezuelan Oil for almost two decades now. However, the south american nation is in deep economic trouble and its Oil Production has fallen sharply, forcing its caribbean ally to find alternative sources of energy, as will grant reports. It took a long time and a big injection of Chinese Capital to reach this point. Earlier this year, the ground was woken on a Major Renewable Energy project in cuba. Broken. A multimillion dollar plant at the sight of this sugar mill, to convert the fibber swede maribu into biofuel. Fibrous weed. This billionaire was able to get the project off the ground with financing from china. Renewables have taken on new importance to cuba. Its long time socialist ally, venezuela, is in economic and political crisis. During the worst months, venezuela cut its subsidised Oil Shipments to cuba, which serviced a joint refinery. This is pa rt serviced a joint refinery. This is part of cubas attempt to break its dependence on venezuelan crude oil. Solar panels which they want to see installed across the islands, and a new push towards renewable by major sources. new push towards renewable by major sources. Renewable energy sources. Renewable energy sources. Cu ban officials sources. Renewable energy sources. Cuban officials deny they have embraced Green Technology simply because of venezuelan economic woes. Independent of the problems experienced by our brother nature venezuela, in cuba we need to reconsider production for our own economy. We need to read reconsider consumption of fossil fuels, because they are not infinite. You must find viable alternatives. With some 22,000 homes in cuba still not on the electricity grid, these root annals could be a vital resource for many families. Roof panels. The state knows that greater investment in the sector is key. China remains the most likely source, if cubas green revolution is to thrive. Now lets brief you some other business stories. The ceo of at t has said he never offered to sell cnn, and has no intention of doing so. Us regulators are reviewing a planned 85 billion merger between media giant time warner and Telecoms Firm at t. Reports have suggested they are demanding a sale of assets such as cnn as a condition for approval. Talks over the possible sale of the Film Production company co founded by Harvey Weinstein have fallen through, the bbc has learned. The Weinstein Company had entered into a preliminary deal with Us Private Equity Firm colony capital. Former top executives at yahoo and equifax have apologised at a Senate Hearing for Security Breaches that exposed billions of customer accounts. Politicians are threatening greater intervention in tech firms business. And now, whats trending in the Business News this morning. Widely read from the financial times, a report that nearly half the benefit of President Trumps us tax shake up will go to richest i . Thats according to the tax policy center. In the wall streetjournal, the clamorfor tech ipos reaches a fever pitch in asia. Online book site China Literature soared on its hong kong stock market debut, valuing the 4 Year Old Firm at 12 billion. And most read on bloomberg, what could replace the smartphone . It says apple is ramping up work on an augmented reality headset to succeed the iphone. Bloomberg says the new device will be ready in 2019. And dont forget, let us know what you are spotting online. Use the hashtag bbcthebriefing. Thats it for Business Briefing this hour. But before we go, here are the markets. Up next, news briefing. Well take you through the stories making headlines in the global media a stellar day for the market in japan. At one point they were up around 2 . The nikkei is trading around 2 . The nikkei is trading around 23,368 at last look. That is around 23,368 at last look. That is a2 around 23,368 at last look. That is a 2 climb. Lots going on. A very wea k a 2 climb. Lots going on. A very weak yen. The yen at its weakest since march versus the us dollar. Shares in tokyo at the highest about 35 years. A real rally following a good session on wall street the night before. We have the news briefing coming up soon. Well take you through the stories making headlines in the global media today, including that visit to asia by President Trump. Police forces in england and wales are struggling to meet demand due to a surge in the number of calls from members of the public. A survey by the policing watchdog says the service is under significant stress because of budget cuts and the increasing complexity of crimes officers which are dealing with. Our Home Affairs Correspondent danny shaw has this report. If you report a crime this is where your call is dealt with. The control room. It is the nerve centre of police operations. There are more than 8 million 999 calls every year, with millions of others on the nonemergency number, 101. The co nsta bula ry nonemergency number, 101. The constabulary say that police are struggling to cope. They say that problems retaining control room staff and an overreliance on Outdated Technology are to blame. Some requests for police to deal with crimes, including criminal damage and assault, go unanswered. In devon and cornwall, many callers hang up it is they have to wait so long. The control rooms are right at the heart of what our Police Forces do. The focus on getting that right is really important for chief co nsta bles, is really important for chief constables, and we encourage them to continue with this. The reporting into Police Efficiency says the service is under cigna vegan stress. It says forces will spend 6 less on policing in the next three years and will lose more than 4000 officers and staff from the police workforce. That is why many chief constables say they need extra resources to deal with the increased demand. Mike cunningham says it would be a good thing for police to have more money, but he says the Service Needs to show the benefits extra funding will bring, and he says there is scope for forces to use their existing resources more efficiently. There will be more on that story on first. Charlie stayt and Naga Munchetty will have all of the other days news and business, including a the brexit talks, which get under way again today. All of the brexit talks. This is the briefing from bbc news. The latest headlines President Trump said he discussed north korea with his chinese counterpart xi jinping and that both men believe a solution is possible. Mr trump called on president xi to cut off all trade ties with north korea. The british Prime Minister is under pressure to restore stability to the government after the second resignation from her cabinet in a week. The Un Security Council tells the saudi Led Military Coalition in yemen to end its blockade of the country and allow in humanitarian aid, or risk a famine. In business, 21st century fox boss Lachlan Murdoch tells investors the media giant is stronger than ever, despite reports its discussed a massive sell off to disney. On bbc news, we are looking at the most popular stories, one of them is the self driving shuttle bus in a crash on day one. So this is a story by dave lee looking at the first test that took place in vegas. And of course this self driving shuttle bus came to a halt. It was involved ina bus came to a halt. It was involved in a crash on its first day. It had several passengers on board. It collided with a lorry driving at a very slow speed. We asked whether you would be getting on a self driving bus or in a self driving taxi. So many of you have been in touch and most of you are saying no. Some of you are saying, like muhamed in nigeria, why not . And weve got charles as well who says keep the drivers at work otherwise how many morejobs will you lose drivers at work otherwise how many more jobs will you lose two robots . Of course the other issue in this story

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