Can americas Banking Giants back their sky high share prices with sky high profits . Plus, scooter boys beware why your Takeaway Food could soon be arriving by robot. Im aaron heslehurst. Welcome to World Business report. Lots going on. If you give me about eight minutes i will give you a snapshot of all the latest in the world of his ascent of money. World of his ascent of money. World of his ascent of money. World of business. Also coming up, more surprises from President Trump as he eases Trade Tensions with china. We start on wall street, where its a hugely important day for investors. Now we know the share prices of banks have soared in the months following President Trumps election, led by americas biggest banks, which are up by almost 25 . But in recent weeks doubts have been creeping in, rattling the markets. Today we get First Quarter results from the biggest us bank, jp morgan chase, and later from its rival citigroup. Theyre the first of a barrage of reports from americas biggest companies. Will they be good enough to justify the trump rally, or confirm those fears that its a Bubble Waiting to burst . President trump has famously promised to throw out the mass of Banking Regulation brought in by the Obama Administration after the financial crisis, the dodd frank act of 2010. But hes been struggling to pass other legislation like healthcare reform, so this is all up in the air. Still, the banks have had a boost from rising us Interest Rates, which have now hit i and are expected to hit 3 in the next two years. This means more profits, because it helps their lending margins. Thats the difference between the Interest Rate they offer to savers and the rate they charge to borrowers. So what are we expecting . Heres the view of one top wall street watcher. What has happened since the president ial election in november is that the Equity Market has been strong but the Banking Sector has been particularly strong because the investors see the banks is benefiting specifically on some of the policies the new administration is talking about. We have not really seen any is talking about. We have not really seen any news is talking about. We have not really seen any news about the tax cut proposals, the infrastructure spending, some of the other policies to boost the economy and boost lending, and therefore help ranks increased profits over the long term. Us Banking Results for the First Quarter of 2017 will be deceptive. They will look very strong competitor First Quarter of last year, but the First Quarter of last year, but the First Quarter of last year, but the First Quarter of last year was very weak indeed. If we compare them with the First Quarter of last year they will have made very little progress because we are not made very little progress because we a re not really made very little progress because we are not really seeing any of the economic and fits people were expecting from the incoming administrations policies. Economic benefits. I do not expect a sell off of banking stocks, it is a think the market is waiting for further news from the new administration in terms of exactly what they are going to do in terms of boosting the economy, cutting taxes and listening Banking Regulation. I think all those factors could be beneficial over the long term, and i think those investors want to be able to take advantage of that. Well, lets stay with this story. 0ne wall st watches saying that he does not think there will be a retreat on the banks, but it is an expensive market at the moment, because the share prices are so high. Investors and everybody are respecting the banks to deliver. Will they . I think we will see good numbers, but it is notjust about the numbers for the last three months. That is backward looking. What we are looking forward to is any legislative changes which will make banking less regulated and open the floodgates for profitability like the heyday of the 1980s. That is actually what is fuelling this Stock Market Rise from the banks and the financial sector. That was one of President Trumps promises, the dodd frank act. What we have seen some of his other promises not go through, he has struggled. He may struggle with this. Even that wall street is watcher was seen to wait and see. No, it is a winwin for banks. If he gets the legislation through then markets move through the expectations. If he does not get it through because of the gridlock in congress, because some republicans, as they did with 0bamacare, republicans, as they did with 0bamaca re, switch republicans, as they did with 0bamacare, switch sides or do not push the legislation through, it doesnt matter. He will bribe congressmen, because that is what you do. So they will benefit not from deregulation but from increased governmental spending, which is what will happen. 0ne governmental spending, which is what will happen. One way or another the banks are going to benefit. We are extremely bullish about us banks. In fa ct, extremely bullish about us banks. In fact, more bullish than on the broader us economy, because we think what will happen is that he will just end up taking the easy way out, which is spending more money. 0k, just end up taking the easy way out, which is spending more money. Ok, so you think these high prices are justified . We think they will be even higher by the end of the year. Well, there you go Committee Heard it. Lets stay in the us, where President Trump has said his administration will not label china a Currency Manipulator, despite his Campaign Promise to do so. He told the Wall Streetjournal the dollar was getting too strong but that was partly his fault because people had confidence in him. The comments to the wall street journal come after his meeting with chinas president xi jinping. China has been accused of suppressing the yuan to make its exports more competitive with us goods. Before the us election, mr trump likened this to raping the us. Sharanjit leyl has been following this for us in singapore. Again, and other incredible story. Higher us dollar week as he is so good, hey . Yeah, but you know what . Those comments pretty much had the desired effect, because as soon as he said he didnt want a strong us dollar and didnt like a strong us dollar, the us dollar tumbled. So now we are seeing dollar, the us dollar tumbled. So now we are seeing the yen and others in asia finding strength, and as a result the markets are falling because nobody else likes their currency being too strong either. So the japanese are selling off all those export oriented stocks. But, yes, as you say, he went on to state in that interview thats a thing of the label Currency Manipulator on china would hurt talks with beijing on dealing with north korean threats. We knew that china had suppressed the currency, the yuan, for years, to make its exports more competitive with us goods. But mr trump said this was like reaping the United States. He had promised to label china Currency Manipulator on his first day in office, but in that interview he admitted that china had not been Currency Manipulators for some time. They have actually been trying to prevent further weakening. All of this, as we know, has not helped the reality of the trade relationship between the United States and china, with data out a few hours ago showing that the trade Surplus China has with the us has risen yet again. It rose in march to over 17 billion. That is a big rise from februarys 10 billion or so. President trump has focused on that in particular, that large trade surplus that china has with the us. It was about 350 billion last year, and he has been pressing chinese president xijinping to and he has been pressing chinese president xi jinping to help and he has been pressing chinese president xijinping to help reduce the gap. Do you ever ordered delivery . Takeout food, i should say . Yes, sometimes. Delivered to you by a man or a woman on say . Yes, sometimes. Delivered to you by a man 01 a woman on a scooter, right . Something like that . Thats right. Watch this next story. Are you happy to have your food delivered by a robot . Thats the question being asked of Take Out Food customers in san francisco. Its the first full scale roll out of technology that could mean the End Of The Road for scooter delivery riders. We think the best approach for this kind of system is one where there is co nsta nt kind of system is one where there is constant Human Oversight of the robots. The architecture we have chosenis robots. The architecture we have chosen is one where a person is capable of controlling one or two robots, and overtime we would build in more and more autonomous operation so there is one person then controlling five and then and so on. Then controlling five and then and so on. It is effectively multiplying the ability of a given person to do more work over the set of robots they are overseeing. Thats the future. Ill be back later to look at the newspapers from around the world. A bbc investigation has found that Construction Faults similar to those which led to the closure of 17 schools in edinburgh on safety grounds have been found at 71 other schools across scotland. Although most have been repaired, work has yet to be completed on six of the buildings. The Scottish Futures trust, which oversees Public Private finance projects, says its reviewing its guidance. Fiona walker reports. It was only when nine times of all came crashing into the playground at 0x Gang Primary last january that they realised the school had not been built properly. Nine tons. The official report said it was lucky nobody had been killed. It turned out that all 17 schools built under the private Finance Contract we re under the private Finance Contract were found to be potentially dangerous. Now the bbc has discovered that 71 more schools in scotla nd discovered that 71 more schools in scotland have had similar defects across 15 local authorities, taking the total to 88 faulty schools. Its actually frightening to think there are so many actually frightening to think there are so many schools that potentially have the same problem associated with them. Lets not forget that at 0xgang somebody could have been killed. The faults that were found we re killed. The faults that were found were not down to one or two roadbuilders, so the Construction Industry is looking at how to change. The whole industry has to look at the system and how we can manage that system better than it currently is. 82 of the schools have already been fixed, but as the repairs continue on the remaining 60 way that public buildings up ought and tilt in scotland is now the subject of review. Bought and built. That could affect the whole of the uk. Coming up at 6 00 on breakfast, Charlie Stayt and sally nugent will have all the days news, business and sport. Theyll also have more on the families of two babies who died under the care of shrewsbury and Telford Hospital trust. They want their deaths to be included in a Government Investigation into the trust. All that and more coming up in brea kfast all that and more coming up in breakfast in about 15 minutes. This is bbc world news. The latest headlines President Trump has said relations with russia may be at an all time low. His Secretary Of State failed to persuade russia to stop backing president assad, despite nearly two hours of talks about last weeks syrian chemical attack. A State Of Emergency has been declared in some parts of new zealand, as the country braces itself for Tropical Storm cook, just days after cyclone debbie. Authorities say it could be the worst storm in 50 years. Now it is time for our newspaper review. The Wall Streetjournal online is covering the visit to moscow by us Secretary Of State rex tillerson. The article says both the us and russia have been trying to reduce rapidly rising tension, clashing over a range of issues. A warning against trade protectionism. The gulf news has International Monetary fund chief Christine Lagarde saying that after years of disappointing growth, the Global Economy is finally gaining momentum. But she said restricting trade flows would be a self inflicted wound. The new York Magazine has donald trump saying that he is his own strategist, but what does that mean for the chief strategist he employs, steve bannon . The article looks at whether the president is distancing himself from mr bannon. The International New york times is in italy, where its looking at whats described as modern day slavery