Bps shares rising nearly 3 on that news of a return to profit. Also in the programme. Well be getting the inside track on. How you turn one massage and spa centre into an International Business of beauty. As the head of The World Bank forecasts a dramatic rise of robots in the workplace, we want to know what could it mean for yourjob. Would you work with robots . Maybe you do already. Let us know. Just use the hashtag bbcbizlive. Hello and welcome to Business Live. One of the worlds Biggest Energy companies, bp, has Just Announced its latest results for the First Quarter of 2017. And as expected its delivered much better news thanks to the rising price of oil and some effective restructuring. Using the oil giants preferred measure of underlying replacement cost profit, the First Quarter of the year came in at 1. 1; billion, a healthy improvement on the 485 million loss it made the same quarter last year. This year bp plans to sell off around 4. 5 billion worth of assets as part of a Global Portfolio overhaul. Details we know on that so far include last months announcement that its selling a 50 stake in a chinese Petrochemical Business to sinopec, and its agreed to sell the north seas largest pipeline to ineos. But bp has been Buying Assets too building up its natural gas business, and this year its made acquisitions in egypt and west africa. Its also spent 1. 3 billion on 527 Fuel Stations in australia. Bob dudley its Chief Executive has been praised for how he handled the Deep Water Horizon disaster and navigated the massive fall in the price of oil still that was not enough to counter the critics who last year said his 11 million salary was far too big given the multi billion Dollar Losses the company delivered in the last couple of years. Sally. We can get more analysis from editor simonjack. Just say, sally. We can get more analysis from editor simon jack. Just say, the sally. We can get more analysis from editor simonjack. Just say, the pay came down from 19 million, 11 million was the final number. Lets talk about the profits news to start with, better results from bp. Does that indicate the worst is over . As ever the devil is in the details. There are some Pretty Simple things going on, the price of oil during the period we are reporting what is 40 higher than a year ago so one thing. As ten said they have cut costs, so higher revenues, lower costs, so higher revenues, lower costs a nd costs, so higher revenues, lower costs and bigger profits. Dont forget the impact of the sterling fall because bp makes its money in dollars and translates those dollars back into pounds when you see its profits put in sterling terms. For all of those reasons bp is doing 0k. No one really knows where the oil price is going. It is a difficult thing to navigate. We know it will not go up to 100 a barrel, most are certain of that, arent they . The truth of the matter is bp must get to this new normal like its peers. They have to get used to this aggressive cost cutting because this is the new normal. Projects went off line when the Big Oil Price fell but some analysts think there could be an increase in 2018, 2019 but not 100 per barrel. Then just talked through some of the issues, they are selling assets, they have got lean and mean. It is a very different company. The whole shakeup has made bp, shell and all of their peers look at the company hard. The massive fall from 117 down to 25 almost, they had to look out which areas they wanted to be in. What is interesting as it goes to show how dependent you are on the oil price when you are making your money. The weird thing is that when they had the big Shareholder Revolt against bob dudleys pay last year, they lost lots of money, 3. 5 billion and he got paid 19 million all told, this year theyve done better and he will be paid less. That shows either they are listening and they are sensitive to the outrage over executive pay, to others who will say it just executive pay, to others who will say itjust goes to show how difficult it is to connect performance and paid when it comes to setting these reward levels. Quick word about the future because clearly the oil prices stabilising somewhat, still not back to where it was, but what does it tell us about the admissions of these firms going out to look for reserves . They are doing it in a lean away, they have plans to develop australian development. They have sold off some north sea reserves which is a declining market but they will invest in new sites they think will come on line down the road. Everyone is sharpening their pencils. In the old days, they would go and Digger Hole Ntsila happens but today they have to have a diversifying portfolio. He has a 40 pay cut this year, we will see if that takes the sting out of the shareholder rebellion. 69 of shareholders voted against his pay last year, we will see if hes done enough. And the agm is not far away. It is in a week or two. Lets take a look at some of the other stories making the news. The Australian Government has announced it will build a Second International airport in sydney. It comes more than 70 years after the idea was first conceived, and follows promises from successive governments. The airport, set to cost around us 3. 8 billion, will be located at Badgerys Creek, 50km west of the citys centre. The current Sydney Airport has become increasingly stretched amid increased demand in recent years. The flying kangaroo taking you to Badgerys Creek laughter chinas Factory Sector lost momentum in april, with growth slowing to its weakest pace in seven months. The purchasing Managers Index dropped to 50. 3 in aprilfrom 51. 2 in march, indicating a slower expansion of activity. However, the index shows the sector avoided a slowdown for ten straight months. Any reading above 50 shows expansion of manufacturing activity. Twitter is working with media Firm Bloomberg to create a 24 hour rolling news channel for the messaging service. The live video stream will be made up of original programming as well as feeds from bloomberg bureaus. The deal builds on the Live Streaming deals twitter has done with others that spreads content via the social network. Lets ta ke lets take you to the United States because we are following the Writers Strike in the us, some of oui Writers Strike in the us, some of our best known tv shows could be facing a hiatus while the writers agree a deal. We will talk about this late in the programme because with the rise of things like netflix and amazon prime and other streaming services we are not short of tv to watch but the amount of money those writers are getting for getting dumber coming up with those tv shows is falling sharply. That really is a brighters block a Recovery Operation is under way after an accident at a samsung shipping yard in south korea left six dead and many injured. Leisha chi is in singapore with the details. Explain what has gone wrong here. We have the samsung conglomerate in the headlines again for the wrong reason. Their shipyard has seen all production halted after two cranes collided on monday causing one of them to break and collapse on a workers rest area. Six people were killed and we understand more than 20 people injured. Police described the scenes as chaotic and rescuers are still searching for people trapped under all of the debris. We also understand the victims are subcontractors, they were building a 500 million Ocean Platform for the French Energy giant total. This incident is quite shocking for south korea because the country has a history of very low industrial accidents. Samsungs Company President of the shipyard has apologised and said he believes the accident took place because of a miscommunication between the Crane Drivers and signal people. But the exact cause is still under investigation. Thank you for that update, leisha chi, from singapore. The nikkei is up on tuesday before a series of Holidays Injapan so dont expect Much Movement over the next few days. Boosting the fortunes for exporters. From the United States, the rhetoric from the white house suggesting tensions may finally be easing with north korea. That is certainly one to watch as far as the markets are concerned. Lets show you what is happening in europe, bps you what is happening in europe, bps share price boosted the wider market but we also think that deal has been agreed with creditors over greeces debts. We will discuss that more ina greeces debts. We will discuss that more in a moment but that is likely to boost markets because the debt crisis rearing its ugly head once again as faras crisis rearing its ugly head once again as far as greece is concerned and that really concerns investors elsewhere. We will talk about that more ina elsewhere. We will talk about that more in a moment but first to the United States because Samira Hussein has details about the trading day ahead at wall street. The Federal Reserve begins its two day meeting on Interest Rates on tuesday. The policymakers will be issuing a statement at the end of the meeting with their assessment of the us economy and most crucially whether they vote in favour of a rise to us Interest Rates. On tuesday the Worlds Largest tech company will be reporting earnings and all eyes will be on apples iphone sales for the quarter, especially the iphone 7 plus. Investors clearly have high expectations. The stock price for apple hit a new record high in mondays trading. And also reporting, Pharmaceutical Giants Pfizer and merck. The big story for pfizer is that a few of their patents are about to expire while merck has a cancer drug that is considered to be the most Significant Growth driver for the company. Interesting, so a lot to talk about in the United States, Samira Hussein will be on the case when it comes to apple etc. Joining us is kathleen brook, Research Director for city index. It isa it is a busy time with Apple Earnings and bp etc. One thing we Wa Nted Earnings and bp etc. One thing we wanted to talk about was greece, coming through in the early hours of the morning that finally a deal on new measures and new reforms meaning they get much needed funding. New measures and new reforms meaning they get muchneeded funding. This has been going on for absolutely yea rs. Has been going on for absolutely years. They are trying to extend the pension age. Make people older before they receive their pension, trying to sell off state assets, coal mines, power plants and that kind of thing. This still needs to be agreed by the greek government. What i think is interesting is the syriza party still in control, the far left, even they have got to grips with the reality of the financial situation. Greece has a massive payment to its lenders coming injuly and needs its money now so we are coming injuly and needs its money now so we are really down to the wire. Reading a sigh of relief because it kept going beyond the deadline last year. Lets talk about a couple of stats because we have uk manufacturing, pmi, and eurozone unemployment, snapshots of what is going on but it paints a picture of things on the mend . Certainly in the eurozone. Their data has surprised expectations, it is outpacing the us and uk. Their First Quarter growth released this week is expected to show the eurozone grew at a stronger rate than the us and uk in the first three months of the year. If we get a weaker pmi for the uk that will show alarm bells because we saw a slowdown in gdp for the First Quarter, that is backward looking, this is a snapshot of now. If we are still weak going into the election, could that have implications . We will have to see. What are your thoughts on president froms comments on big banks on wall street . A Throwaway Comment in a tv interview when he said, im thinking of separating their Consumer Business from their Investment Banking business, and that meant stocks went all over the place on the marketplace. That is contradictory to what he said in january when he said he would scrap Financial Regulation to make it easierfor Financial Regulation to make it easier for these Financial Regulation to make it easierfor these big Financial Regulation to make it easier for these big banks Financial Regulation to make it easierfor these big banks to make money. Yes, there is a liability when it comes to President Trump about what he says and what impact that has on the markets but it also shows there are two imposing influences, the Republican Party wa nt to influences, the Republican Party want to see regulations scrapped but his electorate, the people who voted for him, dont like the big banks and want them broken up so hes balancing a fine line and sometimes hes not getting it quite right. The Throwaway Comments coming from trump. They keep us busy we will see you in a minute. Kashiling will be back later. Kathleen. Still to come a spa of success. We meet the singaporean entrepreneur behind an International Beauty brand. Youre with Business Live from bbc news. No new taxes on business. Thats what the British Chambers Of Commerce is calling for from the next government. Its published its manifesto, Titled Brexit and beyond in which it also calls for clarity on what the uks departure from the eu could mean for business. Mike spicer is director of economics at the bcc hejoins us from cambridge. Good morning to you. So, they are asking for clarity, asking for no more taxes. How hopeful are you that you will get either . What we really want to do is to reinforce the fact that for many businesses, although brexit of course is very important and getting a good deal is important, decisions that are made around Domestic Policy matter as much if not more. As you said in your earlier piece, we have just had a weak quarter of gdp growth and one of the major components of that story was the u pwa rd components of that story was the upward pressure on prices and the effect that has on Consumer Spending and investment. We think there are many things the government can do starting with upfront costs that businesses paid, businesses do rates and so on to free up businesses to investigate. You will probably get very little in terms of promises from theresa may because she said she will not make specific proposals on taxes. We have already heard some things over the weekend about vat and so on. We are still hopeful that there is room for manoeuvre for the government after the election to be able to act on those upfront costs. It has made some movements in that direction over the past year but we need it to go further. Businesses in the uk pay the highest Property Taxes in the developed world. That cant be consistent with the competitive tax regime. In a period of Economic Uncertainty when we really wa nt of Economic Uncertainty when we really want to create a great environment for businesses to grow and invest. For now, we have run out of time, thank you for your time, mike spicer, director of the colonic sabha British Chambers Of Commerce outwith its manifesto today, with hopes from the various candidates. We have the Economic Data coming in dropping in in the last few minutes. Revenues up and shares down, the online delivery app and takeaway firm says revenues were up by 46 , orders in the uk up by 17 . But as the headline suggests, whilst they are doing well it has not impressed shareholders. Keep ni shareholders. Keep n on just shareholde