Some of the passengers and crew quarantined on a cruise ship off the coast of japan have begun disembarking. There have been over 500 cases of coronavirus detected on board. Only people who tested negative are allowed off, for now. The uk government is organising a flight back to the uk for 7h british people on the ship. But how damaging is this incident for the wider cruise industry . Carnival is the worlds biggest cruise operator and the company that owns the quarantined ship. It says the outbreak will hit profits and thats reflected in their share price which is down by more than 15 over the past month. And its not the only one in the m5 billion cruise industry to be hit. Royal caribbean says the virus has forced it to cancel 18 cruises and modify others with Financial Results also likely to be affected. More broadly its estimated that the outbreak, thats now infected over 72,000 people, could cost the Global Tourism industry 80 billion. The industry could feel the impact until at least next year. Wendy wu founder and ceo of wendy wu tours joins me now. It is good to see you. Are you noticing any impact on booking so noticing any impact on booking so far . Of course. Because of coronavirus, it is very much in china and therefore for the peep who are travelling to china in february and march, we must cancel the tour because the Customer Health and enjoyment is the ultimate for us. Enjoyment is the ultimate for us. Therefore we have to cancel february and march because all Tourist Attractions are closed and we need to avoid the virus. How about those who have their tour cancelled. Is there a refund . We are a destination specialist so for people booked for china if they are travelling in march and february we can give them a refu nd february we can give them a refund and then, luckily, many People Choose to postpone the trip and go later in the year or next year and also many other people they may actually go to other destinations so many people now are going to other destinations with us. How much of your business is reliant on people travelling around china . Quite a lot. Because the chinese is our major business, around 50 . But the good news at the moment is now south america, chile is very popular. And others are travelling with us to places like georgia and armenia. But if half your business comes from people travelling in and around china, how do you survive if an unknown amount of time people are not keen to continue there . At the moment we feel it is very much affect the four february and march departures. But because the Chinese Government is doing such a good job and as you know, the coronavirus in other cities outside of wuhan and Hubei Province has dropped, 40 for shanghai with such a big population, only a single digit increase. And once we be a virus, everything will open quite quickly. I think we are some way off being able to definitively say we are beating the virus but thank you very much indeed, wendy. Jaguar land rover has flown in parts in suitcases as the effects of coronavirus take a toll on the carmakers supply chain. Lets go to our Asia Business hub where sarah toms is following the story. What more do we know about this process then . As you were saying, as a last resort they have actually had to start flying out chinas part to the uk factories in suitcases. If you were thinking of making a big luxury purchase, i would do it sooner rather than later because the uks biggest carmaker said it could send that make start to run out of these parts for its factories in as soon as two weeks. It is becoming clearer as time passes that the coronavirus will weigh heavily on companies and also economies. 0n heavily on companies and also economies. On tuesday, apple have said that ravenwood accepts that affect sales reve nu es accepts that affect Sales Revenues and supply of iphones and now on wednesday, it is the turn of Jaguar Land Rover. And now on wednesday, it is the turn ofJaguar Land Rover. We must remember that more than 2000 people now have been killed by the virus and most of them were in china. This has forced the Chinese Government to shut factories and shops to stop people from being exposed to the virus and its spreading. With so many idle production lines and shops shot, containment is taking a big toll on Global Supply chains. Jaguar land rover has three factories producing nearly 400,000 vehicles a year and the companys 400,000 vehicles a year and the compa nys boss says 400,000 vehicles a year and the companys boss says it is not just the parts it is running out, this is also having a huge impact on sales and the chief executive says it is not actually sure if the company can recoup the losses it has suffered. China is a huge market for luxury cars and it has been responsible for the recent resurgence of Jaguar Land Rover so it really will take a hit. Thank you so much for that. Now lets brief you on some other business stories. President trump has announced a raft of clemencies pardoning amongst others this man here, michael milken. He was ofen refered to as thejunk bond king and was convicted of securites fraud in the 90s. The news has been criticised by some. The European Union has added the Cayman Islands a uk overseas territory to its tax havens blacklist. Itjoins 0man, fiji and vanuatu, which have also been accused of failing to crack down on tax abuse. The Cayman Islands has no income tax, Capital Gains tax or Corporation Tax and allows firms to register there despite having minimal presence in the territory. Singapores only rubbish dump is nearly full. With the city state producing almost eight million tons of rubbish every year, the race is on to reduce the amount of rubbish sent to landfill. Researchers think theyve found a way to do just that and perhaps make some money at the same time. Lucy martin has more. From rogue shipping containers full of toxic trash to beaches choked with plastic, rubbish in asia is on the nose. There is a realisation in the minds of many people, perhaps for the first time, that this is a major issue. Singapore is arguably asias cleanest nation, but it has problems of its own. It generates more than 7 million tons of waste annually, and the city states only landfill is expected to fill up injust 15 years. I think it is very urgent because 2035 is not that far away. Thats why i think institutions like ours that do research can also begin to walk the talk. Singapores Technological University is testing a new way to take out the trash. In the past, this rubbish, up to eight tons of it every week, would be sent to an incinerator, and the leftover ash would go to landfill. But not anymore. This rubbish is going on a slightly different journey. It ends up here at singapores first waste to Energy Research facility. It is hot, it is dirty, and it smells terrible. But this could be part of the solution to singapores rubbish problem. So behind that wall there is extreme temperature. The rubbish is burned in a process called slapping slagging gasification. It generates electricity and produces less waste than regular incineration. Ultimately we dispose only of the fly ash that consists of about 3 of the incoming waste. That means huge savings in terms of transportation, and later on, savings in timing, prolonging the lifetime of the landfill. And this is what is left. There is metal which can be recycled, and a substance called slag. The goal is to sell this product to the construction industry. Who knows . Perhaps in the future we will be able to see the skyscrapers made of concrete that utilises this slag. But this is in the future, and still a long way to go. For now, the government is using the treated trash to make footpath like this one. With singapore hoping to become a zero waste nation, it seems the road to sustainability is literally paved with rubbish. Thats it for the Business Briefing this hour. But before we go, here are the markets. Asian shares edge cautiously higher. Investors tried to shake off worries about the coronavirus epidemic after a slight decline in the number of new cases. The ministry of defence breached health and safety laws in the past two decades and there are calls for it to lose immunity from prosecution. He knew that hisjoining immunity from prosecution. He knew that his joining immunity from prosecution. He knew that hisjoining dream of joining knew that hisjoining dream ofjoining the sas would be tough but it should not have cost him his life. Seven years ago he was one of three recruits who collapsed and died ona recruits who collapsed and died on a special forces selection march because of the extreme heat. The inquest into the death of the three were damning of the mod. The coroner ruled the exercise was run by people who had not been trained properly and that planning was poon properly and that planning was poor. In 2016 there was another fatality. Joshua collapsed and died during training, again because of heat illness. As in 2013, at least two opportunities to stop the march had not been taken. The mod does have specialist kit like this device which can indicate how hot it really is. This was not being used properly. The mod promised to train people on it and to introduce warning labels. But as of late last year, it had not even done that. We have discovered that over the last 20 years, the ministry of defence breached health and safety laws at least 40 times. But there had been no court cases because of its immunity from prosecution under health and safety law. Solicitor Hillary Meredith represents families of servicemen and women who have died during training. Servicemen and women who have died during traininglj servicemen and women who have died during training. I have seen s0 died during training. I have seen so many died during training. I have seen so many families go through this and it is traumatising. It happens again and again and the only way they will learn is to have immunity removed. The mod says the safety a nd removed. The mod says the safety and well being of its personnel remains its top priority and that all death in training are investigated and reviewed. Coming up at six oclock on breakfast, Charlie Stayt and sally nugent will have all the days news, business and sport. This is the briefing from bbc news. The latest headlines authorities in mexico city have offered a 100,000 reward for information on the muder of a seven year old girl. Authorities injapan have begun allowing passengers off the diamond princess cruise liner thats been quarantined in a japanese port for the past two weeks. Now its time to look at the stories that are making the headlines in the media across the world. We begin with the gulf news who report stock markets around the world fell sharply after tech giant apple blamed the coronavirus for hurting its revenues and the supply of iphones. Meanwhile the ft says carmaker Jaguar Land Rover is flying components out of china in suitcases as it races to prevent its uk plants from closing by the end of the month, again because of supply Chain Disruption caused by the deadly coronavirus. The daily mail is calling it an immigration revolution. The paper says under new uk rules migrants from the eu will have to speak english and must have a job paying at least £25,600 in sweeping reforms to end britains reliance on cheap european labour. In the times, britain faces having to return the elgin marbles as part of a free trade deal with the European Union. The greek government has succeeded in inserting a clause in the eus draft negotiating mandate calling for unlawfully removed cultural objects to be returned to their country of origin. And finally the independent covers last nights brit awards, Lewis Capaldi was the evenings biggest winner, taking home two trophies in all. Rappers dave and stormzy and american singer Billie Eilish took home one award each. So lets begin with priya lakhani, whos founder and ceo of century tech. Good to see you. So, the golf news, and this warning from apple has really unsettled investors all around the world. I think investors are u nsettled, i think investors are unsettled, concerned about how business has been hugely affected by coronavirus. Last year apple flash guidance on revenue and that was done to trade issues with the us and flowing china fails, but this year they are saying, and we all know there are obviously huge supply chain issues with china, apple has 10,000 direct employees in Mainland China across retail and their corporate operations, and they rely on the extended supply chain ofa rely on the extended supply chain of a few
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