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We start with black friday. The annual shopping binge after the thanksgiving holiday is now a global phenomenon, with retailers around the world offering discounts on everything from Kitchen Appliances to tvs to clothing. But its also becoming the focus of concerns about the environmental cost of consumerism. Spending in the us, the home of black friday, is forecast to hit more than 29 billion over the next four days. Theres an added incentive this year us retailers want to do as much business as possible ahead of a new 15 import tax due to hit chinese made goods later this month. It would affect 160 billion worth of goods, including popular gifts like smartphones, toys and clothes. Dont expect the frantic scenes in the shops of black fridays past though its increasingly being done online. Thats where more than three quarters of us are looking for bargains here in the uk, according to pwc, and the trend is the same around europe and the us. But are more of us growing uncomfortable with the whole thing . Frances parliament is considering a crackdown on black friday promotions, the mp behind it wants to limit a waste of resources and stop glorifying overconsumption. It has struck a chord with many consumers. Translation consuming has a real impact on our earth. Like friday does not fit that picture anymore. Overconsuming means producing a lot of waste. It makes you consume much more than you need. When i see black friday, its unbearable, when i see lower prices, i think about the people who are making these products and who are very poorly paid, i think about the environment that is being under threat. Thousands of litres of water for a t shirt, with chemicals and so on. The viewers of some shoppers in france. Ben preston is an analyst at orbis investments. Lets start with how big an event this is a globally both for retailers in store and on line. This is a globally both for retailers in store and on linem is one of the busiest shopping days of the year. It started in the us, and it spread as the american retailers exported it to the rest of the world, europe, brazil, mexico. In recent years it has lost some of its lustre and people are shopping more on line. Amazon says it has eclipsed it with its prime day in july. And also alibaba single day in china. Has it lost its lustre because of the lack of deals . The retailers it has been described as an act of self harm. It is great to have a discount at the end of the year but to do it at the start, you might sell out of the stuff that mightve done well in full price so retailers have tried to wean themselves of it lately. Alistair saying that. Will there be an increase in that . John lewis said a couple of years ago, it is hard to put the genie back in the bottle. Retailers will want to tread that line of promoting and getting people into stores without shooting themselves in the foot with discounts that are too large. Is there a backlash from shoppers . Do people feel they are doing damage to the environment . People are considering greater detail why they need these goods and what harm they could be doing . There reason activists element, thinking consciously under the effect on the world. In france, they have been implicated in some amazon warehousing. A debate in the assembly as to whether this kind of promotion should be banned. Whether it catches on i am not so sure. France has a long history of regulating its Retail Market tightly, maybe the anglo saxon markets do not but there is a bit of a consumer backlash. Interesting to get your thoughts. Thank you. Thank you. Lets go to india now. Gdp figures for the three months to september are out in the next few hours, and they are expected to show a further slowdown in growth. Indias economy needs to be expanding at an annual rate of around 8 to create jobs for the millions of young people entering the Labour Market each year. But with a rate now around half that, some are warning of a looming economic emergency. I am a commentator on Indian Economic affairs and my name is vivek paul. Iaman i am an author as well. My guess is growth will fall below 5 and this is clearly visible in the agriculture and construction sector and automobiles. Agriculture is a real problem. An indian farmer can grow what he wants to grow but when he wants to sell what he has grown, there are too many bureaucratic issues that he needs to deal with. If you look at the history of economic development, most countries manage to move their workforce from agriculture to construction because construction generally, its a lot of low skilled and semiskilled jobs and that is not happening in india, primarily because the real estate sector is in a big mess. The multiplied effect of the Real Estate Industry hits everything that we have steel and cement and aluminium, with industries with Industries Directly connected. It has been challenged both on the demand side, on the liquidity side and the churn in the market is not taking place today. The auto sector has been in trouble for the last 12 months. Problems of finance, availability and a slowdown of the sentiment in buying. People are not confident about their Economic Future hence they are postponing their consumption. The psychology of an economic slowdown is well in place. Lets go to singapore now, where uk inventor and entrepreneur, james dyson, has announced details of his new global headquarters. Shara njit leyl is following the story. Tell us more about this new empire headquarters for dyson . Guess what, they are right here in singapore at an historic powerstation. The firm, headed by british inventor Sirjames Dyson said it was planning to move its headquarters out of the uk to asia. So james is a prominent advocate for brexit and he was accused of hypocrisy after that move. He also bought what is thought to be singapores biggest and most expensive penthouse flat. These new headquarters will be more than 100,000 square feet of space in the saintjames 100,000 square feet of space in the saint james powerstation, which 100,000 square feet of space in the saintjames powerstation, which was a nightclub which i and many others have frequented over many years. It was also declared a national monument. Dyson has been building up its presence in singapore over the yea rs its presence in singapore over the years and it had announced it would build a new electric car here but the project was scrapped because it was not seem to be commercially viable. Mr dyson said it was done for economic reasons. It makes vacuum cleaners, air purifiers, air dryers. Most products are designed in the uk but manufactured right here in asia. Now lets brief you on some other business stories manchester citys parent company, City Football Group or cfg, has agreed to buy a majority stake in Indian Super League side mumbai city fc. Cfg is buying 65 of mumbai city, meaning the group will now hold a stake in eight football clubs. It already holds controlling stakes in manchester city, us side new york city fc and australias Melbourne City as well as minority shareholdings in clubs in china, spain, uruguay and japan. Us Investment Bank Morgan Stanley has fired or placed on leave at least four traders for allegedly hiding losses of between 100 million and 140 million according to bloomberg. The bank has refused to comment on the report, which says the investigation relates to trading of emerging market currencies in london and new york and now whats trending in the Business News this morning. Quartz reports a new headache for elon musk an investigation into serious allegations of racism and discrimination by black and hispanic workers at teslas solar factory in new york. Analysis by bloomberg finds chinas financial warning signs are flashing almost everywhere from runs on rural banks to soaring levels of personal indebtedness. And cnbc looks at some of the hottest toys retailers are expecting to do well this Holiday Season from a massive five foot tall frozen castle anna and elsa not included, to baby shark dolls and yes they sing the annoying song. The former mp, harvey proctor, has reached a settlement with Scotland Yard, over its disastrous investigation into false claims of a vip paedophile ring. The former conservative politician, whose home was raided following claims made by fantasist carl beech, will be paid a total of around £900,000 in compensation. Tolu adeoye reports. Harvey proctor was among several prominent figures targeted by carl beech, falsely accused of being members of a vip paedophile ring in the 70s and 80s. The former conservative mps says he lost his home and job under suspicion and a much criticised investigation. Home and job under suspicion and a much criticised investigationlj have much criticised investigation. have no money, i have no resources, i cannot plan my future. I am not sure i have a future. Harvey proctors lawyers now confirmed he will receive half £1 million in conversation from Scotland Yard and nearly £a00,000 in legal costs. The met has previously apologised for its investigation. I am deeply, deeply sorry for the mistakes that we re deeply sorry for the mistakes that were made and for the ongoing pain that these mistakes have cause. Carl beech is currently serving an 18 Year Prison Sentence for the lies that have devastated so many. Tolu adeoye, bbc news. Drone owners have until the end of today to register their devices, or risk facing a one thousand pound fine. The new regulations cover any device heavier than your average smart phone. The rules came in after drones were spotted last december at gatwick airport, causing three days of severe disruption. The Civil Aviation authority says more than half of drone owners still havent completed the registration. Its thought that amounts to tens of thousands of people. For those stories and more, breakfast is coming up at 6 00am, with Naga Munchetty and charlie stayt. This is the briefing from bbc news. The latest headlines protesters in sydney have kicked off a fresh round of global protests against Climate Change. Thousands more are set to join rallies across asia and europe demanding urgent action. There is a changing of the guard at the European Council in brussels later today, with belgiums former Prime Minister Charles Michel set to replace outgoing president donald tusk. President trump has made an unannounced trip to afghanistan, telling us troops he believes the taliban are open to ceasefire. Now its time to look at the stories that are making the headlines in the media across the world. We begin with the washington post, and afghanistan, where President Trump visited for the first time, delivering thanksgiving greetings to us troops deployed here. Mr trump announced he had resumed peace negotiations with the taliban. 0n the reuters news website, Outgoing Eu Council president donald tusk has said us President Donald Trump poses one of the Biggest Challenges for the european union, because he is praying for the breakup of the bloc. Former belgian pm Charles Michel, who will become the new president in a Handover Ceremony today, has said the eu also risks splits over the coming brexit trade talks. The telegraph, like many uk papers, looks at the fallout following a recent tv Climate Change debate. Uk prime minster borisjohnson, who was asked but did not appear at the debate, has threatened a major shake up of channel 4 after the conservatives accused the broadcaster of conspring to shut them out after refusing to let conservative michael gove to take part. In place of the absent Prime Minister, channel 4 placed a melting Ice Sculpture which represented the climate crisis. In the guardian business pages, 12 eu countries including ireland have blocked a proposed rule that would have forced multinationalcompanies to reveal how much profit they make and how little tax they pay in each of the 28 member states. And finally, it is black friday, and as bargain hunters run to the stores and look for deals online, one city in yorkshire is fighting back against the pressure selling shop ocalypse. Buy nowt friday is an event being held in the city of bradford, where residents are being encouraged to enjoy a day without spending any money, and save it rather than spend it on things they dont need. So lets begin. 0ur our first 0urfirst story here our first story here in the washington post, trump makes a surprise visit to us troops in afghanistan,

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