Investors holding fire. We will find out why later in the programme. Will the music stop playing for the dj who founded his own social media start up . Later in the programme well speak to the young entrepreneur hoping to connect students on campus. Today we want to know. And netflix are reported to be working on choose your own adventure tv programmes, with actors filming alternative endings, so let us know, what Ending Withjuly alternative endings, so let us know, what ending with july to alternative endings, so let us know, what Ending Withjuly to change . What Ending Withjuly to change . What Ending Withjuly to change . What ending would you like to change . Just use the hashtag bbcbizlive. Welcome to the programme. European car makers are gathered in geneva for the annual motor show, and they are celebrating record breaking sales figures. More than 15 million cars were sold in europe last year thats the best result since the financial crisis. But a sneaky peak under the bonnet of the continents auto makers reveals a different story. Yesterday, General Motors sold its European Businesses to the psa group thats the company which owns peugeot and citroen. The deal highlights the gulf in profitability either side of the atlantic, and its a problem that persists across much of the industry. In 2016, ford announced a Profit Margin of 9. 7 in north america. This compares to just 4. 2 in europe. Its a similar story for fiat chrysler, which has Profit Margins of 7. 4 and 2. 5 respectively. Cars are an important export for many of europes biggest economies. Given that National Elections are due to take place in france and germany later this year, european governments will be keen to keep their domestic Car Industries ticking over. With me is bbc Business Correspondent theo leggett. We have dragged him out of the newsroom good morning. Rachel outlined the width in the Profit Margin that there is between north American Business and European Business, why . It is very easy to cut back over capacity and reduce costs if you are on the verge of ba n kru ptcy costs if you are on the verge of bankruptcy or have gone bankrupt, Thatis Bankruptcy or have gone bankrupt, that is what happened to the north american car industry during the financial crisis. General motors and chrysler both filed for bankruptcy, they restructured, had talks with they restructured, had talks with the unions, changed pension arrangements, massively cut costs. That did not happen in europe, we had a subsidy of the car industry with scrappage schemes and so one, so with scrappage schemes and so one, so in europe there is still too much capacity, too many factories capable of making too many cars and not running efficiently, even with the level of sales at the moment. General motors sold its European Business to psa, that was the headline yesterday, but given the disparity in profits between europe and america, how will they square the circle . They will want to cut costs a nd the circle . They will want to cut costs and drive up the Profit Margins in europe. The gob most a nalysts margins in europe. The gob most analysts predict that psa group will have to cut some of its factories in a few years. Psa Chief Executive has almost set out a Beauty Parade for existing factories, which will be ranked according to efficiency. Once existing agreements expire, we can expect cutbacks. The problem with cutting Back Capacity in europe is that it cutting Back Capacity in europe is thatitis cutting Back Capacity in europe is that it is deeply, deeply political. Governments have stakes in Car Companies, the french and has a 13 sta ke companies, the french and has a 13 stake in psa group, the German Government has a stake in volkswagen, at least the state of lower saxony does. Any attempt to close a factory kicks up a political storm, that the problem. What will be the gossip from geneva . Geneva is a wonderful car show, car makers come out with real exotica. I have seen a wonderful one this morning, iam much have seen a wonderful one this morning, i am much how to pronounce it but it is produced by a Singaporean Company called vander electrics, developed in conjunction with the williams formula i team. It is electric car, i have no idea if it will work as it is meant to. Will you treat a picture for the viewers . Yes. And volkswagen has come up with a mobility concept, their idea of a Self Driving Car designed from the ground up. It looks like one of those buggies you would travel around an airport in and the name they have given it, self driving concept, they have called it sedric. We will check out your twitter, for people who want to know what they look like, his twitter handle is theothebald. Airline passengers are suffering huge Disruption Due to the latest five day strike by french air traffic controllers. There is also a separate call to strike on tuesday by air france workers. More than 1,000 flights are expected to be cancelled this week as carriers have been asked to slash their services by 25 . Shares in snap the company that owns the popular messaging app snapchat closed more than 12 lower overnight, falling below the opening price from its first day of trading. Its the first time its stock has dropped since the Company Listed in new york last week. The fall follows advice from several analyst whove suggested investors should sell amid strong competition from facebook and twitter. A diplomatic row between china and south korea have this that mcgrath has spilled onto the high street. Chinese authorities have closed nearly two dozen Retail Stores of south Koreas Lotte Group following inspections. It will hit the bottom line of one of the Largest Companies in south korea, the food and retail giant lotte, korea s fifth largest firm, it gets around 20 of its sales from china but in the past week several of the businesses have faced a backlash from hackers, customers, chinese partners. Ten of its Department Stores in china have closed and suddenly due to something that seems completely unrelated on the surface, the building of an american Missile Defence system, because lotte had agreed to provide so because lotte had agreed to provide so that south korean land, which includes part of a golf course, to allow the americans to build a controversial Missile Defence system which can shoot down ballistic missiles. The us says it is an important line of defence against the north Korean Missile development programme, beijing has lobbied heavily against it saying that the powerful radars of the system are capable of monitoring chinese territory and it should not be allowed to go ahead. The chinese, it seems, are hitting back. There have been protests against lotte, a chinese e commerce site has temporarily closed the lotte shopping site, a chinese snack maker says it will pull its products from lotte stores. It is the biggest Duty Free Company in the world which makes about 70 of its sales to chinese customers, it said its website was taken offline by a cyber attack. It is up and running again. Chinese cosmetics retailer said it had scrubbed the name of lotte from its retailer, saying they would rather die than kerry s goods again in the future. Lotte has said directly that any of these incidents we re directly that any of these incidents were linked to the missile project controversy. Thank you. Well, the dow jones was down yesterday. Then ok and the hang seng, not a lot of movement. Investors are concerned about the lack of detail in president trumps plans. The nikkei and the hang seng, not a lot of movement. We expect the Interest Rate decision from the fed next week, most expected to rise but there is not a lot moving the market at the moment. In europe, very small movements. Lets go to wall street, with similarand lets go to wall street, with similar and hussein. On tuesday the latest trade figures the january will be released. It will show that the us Trade Deficit got better, to 48. 5 billion, up from m43 billion backin 48. 5 billion, up from m43 billion back in december. Trade was a big pa rt back in december. Trade was a big part of tres president trumps election campaign, and these latest figures will be looked at very closely by his economic team. Also on tuesday, the Us Federal Reserve is expected to report Consumer Credit figures for the month of january. Consumer credit is debt taken on by individuals who intend to spend the money right away, so things like credit cards or car loa ns. Things like credit cards or car loans. Consumer credit figures are expected to have gone up to 17 point 10 billion, upfrom expected to have gone up to 17 point 10 billion, up from 14. 16 billion in december. Lots of Economic Data is coming out of the states. Lets bear that in is coming out of the states. Lets bearthat in mind is coming out of the states. Lets bear that in mind with the fed meeting next week. Joining us is kathleen brook, Research Director for city index. Nice to see you. Shares fell quite a bit for snap, it is often volatile when a Brand New Company lists on the market which does not make profits etc. But what is behind the fa ct profits etc. But what is behind the fact that some indexers apparently are blocking snap from being included, put that in perspective for us . They may block snap because these big Money Managers that had to buy every stock in an index do not like what snap is doing, these are tracker funds. Snap is like what snap is doing, these are trackerfunds. Snap is saying like what snap is doing, these are tracker funds. Snap is saying that we wa nt tracker funds. Snap is saying that we want to list on these indices but not give you any Voting Rights, so people will have to buy a large amount of snap and they do not want to not have a say. Snap wants to be found a lead company, the founder makes the decisions, get the Acid Managers are saying if we have put a lot of money into the company, we wa nt to lot of money into the company, we want to say yet the Asset Managers are saying. What we saw with google, facebook and alphabet, they have non Voting Rights shares, but they give those to Company Members or employees of the company, they have caved and they do allow Voting Rights shares for these Acid Managers. They have found a bit of middle ground. They are included on the index, which is a very key thing and that is why a lot of analysts are saying dont buy this show, it is not good for your future prospects. We are told we had to leave it there, we will come back to you. We have other stories to discuss in the papers, lots of interesting stories. Still to come, will the music stop playing for the dj who founded his own social media start up . Later in the programme well speak to the young entrepreneur hoping to connect students on campus. Youre with Business Live from bbc news. First, lets talk about the other obsession in the uk, apart from the weather. House prices. The latest House Price Index has just been published by halifax. Its shows that house prices rose 5. 1 year on year in the three months to the end of february. Martin ellis is a Housing Economist at halifax and he joins us now. Thank you for coming in. A rise of 5. 1 , is this what you expected . We are seeing a steady slowdown in the rate of house price increase. That 5. 1 is actually about half where it was back in march last year. We have seen quite a rapid slowdown over that period, but still quite a robust pace of growth. We are still seeing house prices continuing to rise, that increases still quite co mforta bly rise, that increases still quite comfortably ahead of the rate at which peoples earnings increase on average, which is leading to increasing affordability problems, putting prices further out of reach for more and more people, which is causing a slowdown as it is putting a constraint on housing demand. It is pretty much in line with what we expect, we expect a trend to happen and we expect that to continue during 2017. Can you give a sense of how it looks across the country, where the hotspots are and where you are seeing this slowdown . These figures do not give a regional breakdown, what is happening is the slowdown is being driven by house prices decelerating, mainly in london and the south east. We have had a long period of very rapid house price rises in the capital and we have seen that slowing down over the last year to 18 months. That factor is really because of house prices being so very high in relation to earnings and we are now seeing Mortgage Payments taking up quite a sizeable chunk of peoples income, it is the only part of the country where that proportion of Mortgage Payments in relation to income is above the long term average, i think it is natural we should see that slowing in london and the south east. Lots of the of the country is seeing modest rises. Thank you very much. Just eat profits have jumped. The online take away Food Delivery Service is also seeing its shares rise today as well. Youre watching Business Live. Now lets get the inside track on the latest startups in the tech space. Our next guest is a former Music Producer turned entrepreneur. Rashid ajami travelled from his hometown of london to the us to study at georgetown university, but found it was difficult to connect with like minded students. His Frustrations Led to the creation of a web based platform called campus society, which allows students to connect, ask questions and share information. Campus society officially launched in the uk injuly 2016 and already has more than 250,000 registered users on the platform. Ajami is now planning a Global Expansion first moving into areas including europe, india, australia and china this year, followed by the us in early 2018. Rashid ajami, founder and Chief Executive officer of campus society, a digital platform for the Global Student community. A warm welcome. Thank you for having me. It is a very new company. Yes. At the moment reallyjust based in the uk. But i must admit when i read about it and i learned about you, i thought this is just what Mark Zuckerberg was doing . It is about Knowledge Sharing and creating a Global Student community. If im studying anthropology in the uk and im interested in african culture, i could reach out to someone in africa and have a real time interaction. It is about bringing students together around topics theyre passionate about. Before you launched camp society, you were a dj. What have you taken from your time working as a dj and working in the Music Industry which has helped you with the launch of this start up . Building relationships is very important, having passion, Marketing Branding has been helpfulfor me from the music. But i really felt that this concept of building a Student Community was very important soi Student Community was very important so i put that aside because i really like to focus on this. Now you are focussed on it. It is your full time job. There is seven of you working on this full time . Job. There is seven of you working on this fulltime . Were 30 people. Sorry, 30. Youre making money. How are you going to money advertise this idea . We want to share and chat and be connected to people who are like minded and who are students, but how are you going to make money . First employers can connect and find stu d e nts to first employers can connect and find students to do virtualjob interviews on the platform. Brands can have a real time interaction with students. It is more genuine and universities who are looking for Prospective Students we can start making that connection. Money advertisation is something we have a lot of great ways to do it, but it is about helping the students. Has anyone got hold of you, and spoken to organisations, it is just students, it is an audience that companies are keen to talk to, isnt it . Definitely. For us the main focus is growth. We want to become the largest Student Community and bring all the worlds students into one place. Right now, it is about creating these communities and bringing all these students together and thats where were focussed. Talking about money advertisation, you have an idea to introduce an online currency specific to campus. How would that work . The more you contribute to this pool of knowledge, you gain this currency online and we want to start to bring that into the Real University world. You can use it in your union and use it on campus. It is about giving stu d e nts it on campus. It is about giving students this interesting currency based on how much they contribute. So they would have to contribute and it would have to be valid contributions and policed in some way to make sure that people werent just uploading stuff to go and feed themselves at the union . It is important to have a very strong moderation. We have a Strong Community team. We use Artificial Intelligence and we give the tools to the community. So they can really moderate the different communities that are happening. How will you get the organisations on board where the stu d e nts the organisations on board where the students will spend this virtual money . So we feel because, you know, sharing knowledge is so universal, it is integral to university, that the universities will get behind what were doing. So youre hoping they will provide services really for nothing to students . Not a bitcoin but a campus coin . We want to get the universities to be part of this and take care of the local experience. But they need to get something in return . For us it is about bringing their students together. It is on the local level bringing all the students to one place, but as well as the global level and universities want to connect with other universities. So we wa nt connect with other universities. So we want to break down that barrier and awe low all universities across the world to have these discussions, these debates which arent happening as much as id like to see currently. Where do you the company ina yearand currently. Where do you the company in a year and in five years . Whats your vision . It is about getting, id like to see a few million users. Really being this Large Community for students, moving really being this Large Community forstudents, moving into really being this Large Community for students, moving into this Virtual Currency and maybe Virtual Reality and being at the fore front of Knowledge Sharing. In the meantime, until you are able to money advertise it and make profits etcetera, you a re money advertise it and make profits etcetera, you are relying on investors, arent you to pay your wages and the other 29 . Yes. We have Great Investors at the moment. They are Great Investors at the moment. They a re really Great Investors at the moment. They are really behind this concept. They see the potential for money advertisation, but they see the potential to change the way that Knowledge Sharing happens. All right. Weve got to leave it there. Thank you for coming in. We will keep an eye on the campus society. The biggest names in the car industry are in switzerland for the geneva motor show. Our Business EditorSimonjack Sat down with fords president for europe and asked him what Effect Brexit will have on the company. Brexit already we can see the weaker currency has a big impact on a company like ford, but were optimistic that the eu and the uk government can find Common Ground so our critical industry that has so many jobs to save, that there wont be a tear for any kind of restriction on trade. We have 15,000 employees in the uk. We are a huge employer and a lot of those employees are Engineering Jobs for Global Products like transit and it is critical for the future of those jobs that we are in a zero tariff environment. Thats from ford, the president of europe who was talking to simon jack. We will be talking to the boss of Psa Group Which announced yesterday with General Motors it is buying General MotorsEuropean Business. That interview will be later on the bbc. Kathleen brooks joins us again to discuss. Netflix have this idea of choose your own adventure where you can decide where the plot goes next. Do you remember reading those choose your own Adventure Books . Yes. Do your own Adventure Books . Yes. Do you drink from the Position Bottle go to page four. I never did that. I think it is a really interesting dynamic, with netflix you have had a really busy week. Its a friday night. I want them to make the decisions for them. Im not sure how many decisions i want to make. Decisions for them. Im not sure how many decisions i want to makelj would have a big row with my husband because he would want one ending and id want the other ending. It would just cause domestic arguments. they make several endings you may never get to the end of a show. It is hard enough to get to the end of some of these shows. A boxset of endings. We have had good tweets. Rosie said The Wizard Of Oz is is one of the most disappointing endings. Another viewer says, im spartacus. I endings. Another viewer says, im spartacus. I cant endings. Another viewer says, im spartacus. I cant remember how The Wizard Of Oz ended. Lets talk about the new factory, nordic battery plant. 4 billion worth. It sounds similarto plant. 4 billion worth. It sounds similar to what tesla is up to . is set up by former tesla executives. They are looking at opening the first European Battery Making Plant in scandinavia. Thats where they mine a lot of the minerals that need to go into the batteries. I was shocked this is the first time that somewhere in europe has started buying or making these batteries and then added to that, the fact that you know it is for tesla or it will be for teslament it is not any of the European Companies who are using the batteries and really with Pollution Concerns etcetera, etcetera, should more european Car Companies be thinking about electric . I think they should do. We have been talking about hedge funds stockpiling cobalt which is the mineral or material used in the batteries and it is saying here there is a finnish mine producing cobalt, one of the reasons why theyre looking at these countries, but whether those stockpiles of cobalt could affect the industry . pushes the prices up and it makes them less attractive. Can we linger for a moment on this story thats in the uk just for a moment on this story thats in the ukjust eat profits . We have this rare luxury, we have time lets talk about the online take away Food Delivery app. Pre tax profits 164 up for last year to £91 million. It is doing extremely well. It is going to expand globally. It is saying the market in the uk is quite busy. There is many markets outside of europe where there is not much competition and theyre going for it. It is one to watch, isnt it . Fantastic performance. The ceo is leaving because of urgent family matters, but he is leaving on a high. The outlook looks fantastic. They have had 150 profit this year and looking for an extra 50 profit next year. They just deliver whatever you want, dont they . You have an app. You order your food from thousands of outlets. You choose which outlet . They get it delivered fou and you pay through their open tab i believe is the app. There is a couple of challengers like hungry house. They want to acquire hungry house. The ceo is on the move. It will be interesting to see who takes over in terms of what the outlook is. It is a revolution. Do they deliver breakfast . Thats what i want to know thats it from Business Live today. I think today will be the last of the chilly days because for the rest of the week it is set to turn pretty mild. So this morning a chilly start thanks to a ridge of high pressure, but dry with sunshine. But this Weather Front will be encroaching into southern and Western Areas as the day wears on. So, Rain And Cloud will be pushing into Northern Ireland, parts of wales, the south west of england, but ahead of it, it stays dry. One or two showers around. Those will affect northern and eastern scotland. So it is good sunny spells for scotland. Top temperatures eight or nine celsius. Northern ireland, cloudier, wetter and breezier. For much of Northern England and the midlands and eastern areas, it will stay dry until after dark. For wales and south west england, thickening cloud, outbreaks of rain particularly for cornwall and devon and in towards south western wales. It isnt until this evening and into the overnight period when the rain really gets its act together. Some snow across the Higher Ground of scotla nd snow across the Higher Ground of scotland for a while before the temperatures come up. We are looking at lows of four to nine celsius by the time we reach dawn. So for wednesday then, a north south split. Wednesday then, a north south split. We lose the rain from the north of the country, for scotland and Northern Ireland and much of Northern Ireland and much of Northern England it will be windy with blustery showers and sunny spells. For england and wales, the Weather Front will be lingering, cloudy and hill fog and outbreaks of rain, but it is going to be very mild with temperatures of 12 to 14 celsius, closer to ten to 11 celsius further north. That area of low pressure m oves further north. That area of low pressure moves away. The winds beginning to ease down on into thursday for scotland, but this Weather Front across the south will never be too far away. So i think for thursday, it is a top and tail situation. Some rain, some showers across the far north of the country. Those clearing away. Sunshine and showers on thursday. A good slice of central areas will be dry with sunshine. Temperatures in double figures across the board. The milder air is with us for the end of the week and into the weekend, but it will feed in a lot of cloud with outbreaks of rain. So brightness really will be a premium. Hello, its tuesday, its 9 oclock. Im victoria derbyshire, welcome to the programme this morning, these parents of a seven month old severely ill baby tell us why theyre urging the courts not to grant doctors the rights to switch off his life support machine. 7 month old charlie is receiving 24 hour treatment for a genetic condition so rare hes believed to be only the 16th person in the world with it. Well bring you the full heart breaking story shortly. Also on the programme, labour Leaderjeremy Corbyn tells this Programme Theresa mays government has an issue with disabilities hes calling on them to scrap plans to limit access to a key disability benefit. They seem to have an issue over disabilities, because last year they did try to remove the personal independence payments by £4 billion. Ijust think they