There im david and this is climate change. Happiness increase books. This is the book for you. To get smarter for free for you good morning. An extraordinary statement from vaccine makers during extraordinary times pfizer and astra zeneca among firms publicly pledging to delegate here to all safeguards as the pressure grows to produce the coppa 19 vaccine quickly. And it was not news tesla investors expected the pioneering car maker excluded from one of americas major stock it indexes a little wall street for the latest. Also on the show for lens new internet. Well airport is set to open next month following years of delays and millions of euros and unplanned spending to check out the latest test run. Globe welcome to the show as hes been busy in berlin its good to have you with us chief executives for 9 pharmaceutical and biotech firms likely to produce an early kovan 1000 vaccine release a joint statement tuesday in which they promise to adhere to ethical and scientific guidelines the unprecedented statement was signed by c. E. O. s of firms including astra zeneca pfizer moderna and johnson and johnson all are in the middle of trials for a new vaccine on timelines that are vastly sped up from the typical years long course needed for new medications political pressures meanwhile rising in the u. S. As an election nears and vaccine skepticism remains a concern. And for more on this lets go to our financial correspondent yens korda in new york im not sure if this is reassuring or a little frightening that it takes the drug makers themselves to have to publicly appeal to everyone. Well its clearly unusual and the drug makers on one side and also the Biotech Companies have signed contracts and was the u. S. Government in the amount of billions of dollars spent on the other side they do feel a rush to the Trump Administration would like to see you have a scene out before the elections on november 3rd dementedly fall she here on tuesday is quoted saying that he believes that the process really a bit too far is but on the other side what the biotech and pharmaceutical companies are fearing is basically liabilities so they dont want to be. Liable if something goes wrong or if the side effects of the new of the scene are too strong or intense pressure as we know yet stay with us lets look at a story thats also moving markets shares in tesla plunging tuesday falling more than 16 percent as investors reacted to the companys exclusion from major stock index the s. And p. 500 and the electric car maker was considered a shoo in for one of 3 vulcan index spots after finishing the most recent quarter with a profit that would have boosted tesla share purchases given the index tracked funds would be forced to buy the stock today was the 1st day of trading in the u. S. After mondays holiday tech stock once again took a beating lets go back to yen snell yens what exactly happened to tell you right there in front of the deal or this was a disappointment. Clearly and that was the big bet on wall street that tesla would be included into the s. And p. 500. 00 pretty soon tesla reported 4 consecutive quarters of profits and that actually is one requirement to qualify for the s. And p. 500 sold now that is not to have been ng s. And p. 500 is going to make some changes in 2 weeks but tesla is not among them and the stock actually by the end of the day lost a good 20 percent in value but then also you have to look at it tesla was such a big winner in the past couple of months that the beginning of the year the stock at more than quadrupled the company at some point was worth more than the biggest u. S. Bank j. P. Morgan or the biggest retailer walmart so maybe there was really some room for a correction was the stock and then the same is true for a lot of the other big tech names and we do see it bit of a correction here already on thursday friday the nasdaq composite was down about 6 percent we lost another 4 percent now here on tuesdays so on wednesday that will be the big question mark and if the mood will ease a little bit and then just to briefly mention the Broader Market also down because all the prices all of a sudden dropped by more than 7 percent there is some skepticism and now the oil price reached the lowest level since june or a us court of the latest from new york thank you. Over to europe now where the German Government has brushed aside Auto Industry requests for immediate aid but has signaled a longer term help is on the radar. Chancellor Angela Merkel holding a Video Conference with leading car makers on tuesday who are looking for more aid as the coronavirus hits demand long term theyre dealing with rising investment costs as the industry turns increasingly electric autonomous and software dependent both sides agreed during the meeting to set up working groups and meet again in november. And staying in germany berlins new airport is not so new it was supposed to open almost 9 years ago before managers revealed significant problems its since turned into a money pit and a National Embarrassment now theres hope it could actually open we took a look inside. Its 103400 volunteers are happy to finally get inside the new terminal even if the coronavirus demands a bit of separation but the miserable microbe cant stop this lot enjoying a day trying out berlin brandenburg airport been cooped up because im hooked on aircraft im hooked on traveling so im not going to miss a chance like this for you for all my flown a lot and know the original plans made in 1965 lets see whats left of them and how its all supposed to work. Since july a total of 9000 volunteers have been testing the airports facilities twice a week the bags all have different weights to make the test as realistic as possible and thats where the problems start for some. Dont think that that well you just put it that. Weve taken one piece of baggage that is a piece of baggage. Thats true. Even the tiniest flaws are being looked at now when the days trials are over the extras can volunteer their verdicts on it all the opening is planned for the end of october even if the coronavirus could easily scupper it. I was using an extreme slump in passenger numbers down to about 25 percent obviously from an economic point of view thats extremely bad. In terms of going operational having fewer passengers makes some things easier of course to go off but that could all be brought to nothing inside a day or 2. The tests include a Traffic Accident and Emergency Services response and the Airport Authority is happy with the days before even if its still work in progress things are improving all the time and the extras. So far so good except with the bulky baggage the check in lady said go right the bulky baggage caroms and there wasnt accepting anything so often left. Through the whole terminal and all in real time checking in Security Control is all rather slow. And then through call an airport with extremely long ways to walk will be warning our passengers theyll be better off in sneakers than in high heels. Its been a long way in taken many years to get to this point but in only 8 weeks time the 1st aircraft should be departing from berlins brand new airport. All right lets take a look now at some of the other business stories making headlines. Aircraft maker boeing has found a new production issue that will impact the liveries of its 787. 00 dreamliner thats the latest blow to the aviation giant airlines of canceled orders because of krona virus and boeing is still trying to clear it 737 max to fly again after its grounding in march last year. South africas economy shrunk by a massive 51 percent in the 2nd quarter when calculated at an annual rate as the period when the lockdown was strictest mining and Manufacturing Activity fell even further the nations deep recession continues. Former laffin Prime Minister walvis skis is the new european commissioner for trade pending confirmation by the European Parliament your places phil hogan resigned resigned rather after breaking pandemic rules in his native ireland. Well what went through one of the driest springs on record has british wheat growers facing the worst yields in 40 years i mean is more imports from the e. U. Which in the event of a no deal braggs it could mean tariffs of 75. 00 rather 79. 00 pounds per tonne thats roughly 40 percent of the current price. Bad weather has left britains granaries empty until now the u. K. Has always been a wheat export but now its having to turn to the e. U. To make up the shortfall. This hasnt generally been a problem but in the event of a no deal breakers it it could become one workers of the ship to mill in bristol fear importing wheat from the e. U. After a no deal breaks it will mean expensive w t o tariffs. Where they would normally just buy german or french wheat we dont know yet what thats going to cost us in 6 months time so theres a huge amount of uncertainty that 79. 00 pounds of tongue cant be absorbed by the meaning industry and will inevitably be passed to the baker and on to the can see that no deal breaks it wont just cause problems for the important export of food it will impact many other areas of the economy experts and businesses are warning increasingly loudly against leaving the European Union without a deal. If there is no deal on the if we challenge tariffs on Agricultural Produce from the e. U. There are a lot of things to to think about its not just the delays potential it is the extra costs that are coming into the u. The u. K. System and their own theyre all ours the food price inflation. Despite these prognoses Prime Minister bars johnson says the british shouldnt be afraid of a no deal breaks it and he even says it will be a good result. And finally for those who still cant get no satisfaction wednesday says the launch of a Rolling Stones store on carnaby street as the 1960 s. Fashion capital of london called are as number 9 the stores a partnership between the legendary rock band and universal music merchandising our fans can pick up everything from sweaters to Water Bottles with the Rolling Stones tongue logo singer mick jagger praised the Stores Location in the soho district where the band 1st started all the way back in 1962 right now thats it for me and the Business Team thanks for joining us. String temperature is the big strain and. Russia is bounced from the frost is story now from. Boston and fausta. Washed up on the program to see. How the people on location and size up the situation. Will treat those. In 60 minutes on t. W. Beethoven is for me. The job is for you. Beethoven is for help. Beethoven is for her. Beethoven is for the. Beethoven is for cause. Beethoven is for the be beethoven 202250th anniversary here on day one. 0 oh oh oh my god just love our sued for the russians so. St. So many different walks of life. Some are. Awfully strong policy comes straight from the heart to its former c. E. O. You put horns in the morning delusion the marsh will interrupt. The from the long run to their final resting place the russians are doubling documentary. This is day to day news africa on the program today has said it goes government is and to fire over its handling of the devastating floods large swathes of the country often dont want to offer to increase it into a drain for people whose livelihoods have been destroyed say the government has been slow to act. And youre looking at a Maternity Ward we have many women have had to give but will be talking to the deputy h. O. About the state of health in the Central African republic