Thousands more cancellations. And on the winter and this is your Business Update another diesel gauge arrest an allergy employee this time media reports saying the suspect is a former member of the comic has bought hats you can see here he was also on the board of porsche he is the first senior level arrest over the diesel Gate Missions test nip elations scandal by German AuthoritiesParent Company fox fox and mitigate the scandal will cost over twenty two billion dollars and its not just the monetary cost small like that brought about by diesel emissions causes over four hundred thousand deaths a year according to official e. U. Sources and thats just in europe in china air pollution is much worse now wonder theyre betting their future on electro mobility except china is behind schedule the country is pushing back crucial in car sales targets by a year. Chinas cities are choking and smog. Protective masks do little to ward off the respiratory illnesses caused by heavily polluted air. So far official measures to curb pollution have failed to make a difference thats why beijing wants to see fewer gas powered cars on the streets starting in two thousand nine hundred manufacturers have to make sure a full ten percent of all cars they sell in china are socalled new Energy Vehicles electric plug ins in hybrids one year later the quarter goes up to twelve percent. The quotas apply to all brands that produce more than thirty thousand vehicles if manufacturers missed the targets they may have to pay hefty fines the ruling is likely to benefit chinese carmakers like b. Y. D. The company is the Worlds Largest manufacturer of electric automobiles but the quotas could pose a major challenge to foreign manufacturers. Germany sells over eight million cars in china but only a fraction of them are electric thats why German Companies along with the German Government have been pressing beijing to delay the introduction of quotas german car makers are hoping theyll have boosted a car production by the time the ruling takes effect in twenty nineteen first they plan to bring out hybrid versions of large size as u. V. s by twenty twenty they hope to be selling hundreds of thousands of electric cars every year. I dont call her to resell maybe for nothing so far the british Prime Minister has held her cards close to her chest but theres one subject where her government is unequivocal britain will need open free trade post practices even if that means stepping up to allies including the united states. Britain would like to remain a global champion of free trade even after they leave the e. U. Thats why british Prime Minister to resign may is warning about the growing protectionism in the World Economy we need to install a country our economy is working for everyone but we also need to show why free trying to so important in raising Living Standards in developing the growth of economists and bringing prosperity into all countries and i think that is a discussion we now need to have because we do see other means of protectionism creeping in around the world one example punitive tariffs washington wants to impose on canadian aircraft builder bombard. Us rival boeing accuses the Canadian Company of gaining an unfair competitive advantage by receiving subsidies from the canadian government the british are also affected by the conflict if you saw in wings for the c. Series are being built here in belfast thousands of jobs are now in danger to resell may is trying to put pressure on the u. S. Government not to slap tariffs on bombard again but a badly needed post brigs a trade deal with america could make that a tall order. And so fishermans key is on wall street for a sophie the trade dispute between bomb body and boeing is still in the air what of the two companies had to say. Well boeing is acting quite confident they drop the polite but firm reminder to theresa may that boeing employs sixteen thousand five hundred people in the u. K. Supply chain and last week just broke ground on a new facility and sheffield for now the American Company seems to be winning the legal arguments what with all the important people the u. S. Department of commerce the u. S. International trade commission and ultimately the World Trade Organization so no wonder it is feeling confident one by due course disagreed strongly facing that the u. S. Government should reject boeing attempt because they would unfairly tilt the Playing Field and its favor so this dispute rippling across the atlantic now u. S. Corporations have had twenty four hours to digest trumps tax plans what do they think. Well then you know of course they like the idea of cutting the car protect this specially in the Retail Sector by the way because retailers are hoping to benefit in two different ways they would have to pay less taxes on the revenue and at the same time benefit from the higher income of American Consumers thanks to the tax cuts for the American People as well but they also know how hard the negotiations around this reform are going to be i suppose they are watching the newton closer than ever and it is crucial that from work something out for them because the promise to reform the tax system is the main reason why they voted for him in the first place corporations are watching that closely it seems so fishmans key on wall street thank you very much. U. K. s aviation regulators has expressed disappointment at ryanair for misleading the public and breaking regulations thats with ryanair again canceling flights eighteen thousand this time around between november and march naturally customer concern continues to grow. Football fan William Turner frequently flies with ryanair to see his club when theyre on the road he said five Flights Canceled shared it makes things difficult thats not what you need you just want the big things and have them in increasing go and theres obviously close pilots in range things for the holidays and just on that significant you have course that doesnt help anybody whos straight gets at their station even relieved passengers whose flags havent been axed in the latest wave of cancellations might think twice about booking ryanair in the future the carrier announced it was scrapping another eighteen thousand connections this coming winter as it continues to struggle with pilot shortages caused by what the company says are scheduling problems what started as a debacle has turned into a Public Relations nightmare for Founder Michael oleary at a press Conference Last Week after the first round of cancellations he admitted to making serious mistakes that doesnt mean that from time to time we dont make mess ups and we do well this is clearly a myth and i take responsibility for the mess that it is my mess up and therefore i have to clean it up a good place to start would be with the Airlines Pilots in an attempt to cut fewer flights ryanair offered Twelve Thousand euro bonuses if pilots would agree to work just ten extra days and sign on for another year but many rejected the request the Irish AirlinePilots Association claims ryanair has fostered a culture of disrespect and fear among staff. Heres a sweet story that could also prove salah farmers of sugar beet in the European Union will be free to grow as much as they want this weekend globally it follows a decade of strict output quotas an export limits and comes as new markets open. Large and well formed with few side roots thats how farmers want their sugar beets to look. At this years harvest has been especially good. Thats a relief. Because this is the first year he wont be getting a guaranteed minimum price for his crops. The important which we have to deal with imports with stronger imports that are encroaching into the e. U. Market. At the same time however our e. U. Competitors have every right to expand or adjust their volumes which will additionally affect the market in less than three days than in months its the biggest in country. This also puts added pressure on the buyers the sugar factories. During the harvest trucks deliver huge loads of sugar beets every ten minutes. This plant in north stehman their hanover processes seventeen thousand tons of beads daily. There shredded and processed to make sugar for the Food Industry or retailers. Traditionally most of the sugar goes to german or european customers from italy to ireland but new customers are cropping up. With the elimination of sugar market regulations starting in october its already clear that well be seeing more exports outside you borders for instance to israel egypt and perhaps again to saudi arabia. Without quotas new markets are opening up markets attractive to european neighbors france for instance has dedicated more land to cultivation and therefore sugar production output. This leads naturally to corresponding price adjustments which means that sugar prices have fallen for the first time internationally as well as within the e. U. Eventually this is bound to affect the beat farmers perished lika however is still committed to growing sugar beets at least as long as his harvests continue to be as sweet as they are this year. If you like regular viewer youll know how business im going to get how to alphas knows how to dress to impress with his series dress code and the dos and donts of looking shop and he got to show off his total prowess at the culprit media awards like out in the dress code team won awards all social media short film if you want to try the show on for size you can check out this seasons collection on our facebook and twitter page. And thats all for your Business Update for now thank you very much for watching. Climate change. Wished. Pollution. And good time for. Africa people and projects that are changing our farm and for the better to us to make a difference