The white house tells mexico and canada it wont cancel the north American Free trade agreement, but will renegotiate it. The peso and Canadian Dollar soar. Plus, is it Terminalfor Alitalia . Italys Flag Carrier Battles to stay in the sky as its rescuer pulls the plug. Welcome to World Business report. Im aaron heslehurst. Also coming up, raking it in, but are they worth it . Top bosses face their shareholders amid growing concern over excessive boardroom pay. We start with president trump, because once again hes taken the Business World by surprise. The white house has confirmed it has told the leaders of canada and mexico they wont be scrapping the north American Free trade agreement. But instead they will seek to renegotiate the terms of it. That has sent the Canadian Dollar and mexican peso soaring. President trump has repeatedly vowed to pull out from the 23 year old trade pact with the two neighbouring countries, calling it the worst trade deal in history. He already used an execu
Markets at the moment, or down down is likely because investors were disappointed by president johns actions. The strike President Trumps actions. Funding the enterepreneurs well meet the man whose bank specialises in getting cash to small businesses. Rishi khosla , the boss of Oaknorth Bank will be here. And United Airlines, still trying to deal with the fall out from their overbooked flight, will now offer up to 10,000 to give up your seat. What would be your price . Let us know. Just use the hashtag bbcbizlive. Hello and a warm welcome to Business Live. Welcome to the programme. We start with President Trump because once again hes taken the Business World by surprise. The white house has confirmed it has told the leaders of canada and mexico they wont be scrapping the north American Free trade agreement. But instead they will seek to renegotiate the terms of it. President trump has repeatedly vowed to pull out of the pact bill clinton signed in 1993. In september he called it the Si
Midnight in london and 2am in saudi arabia, where President Trump has urged Muslim Leaders to drive out terrorism from their countries. Speaking at a summit in riyadh, he described it as a battle between good and evil. The president also used Strong Language against iran, saudi arabias biggest rival, accusing it of fuelling sectarian conflict and terror. The bbcsjon sopel was there. The president has been on a deep immersion into middle east politics today, and a charm offensive, meeting a host of arab and gulf leaders from across the region. And one central geopolitical subject, the fight against islamist extremism, and how to make good on his pledge to destroy so called Islamic State. But after the trenchant and, some would say islamophobic, language of the trump Election Campaign, the president chose a much more moderate tone today. We are not here to lecture. We are not here to tell other people how to live, what to do, how to be or how to worship. Instead, we are here to offer par
The day, despite the 95degree temperatures and kids mostly, trying to make the best of it. Water foundtains were very popular today, so were umbrellas to help block the sun and of course, people were finding shade wherever they could. These women came from england to see our monuments and parks but today, our museums were on top of their list. Well, i think its supposed to be hotter back in england but nothing like this. This is unbelievable. We have just been going from shade to shade and going in the museums a lot. Reporter some lucky people ran into this guy, who was handing out free fans to help people stay cool. Cool its hot. Awesome. Thank you. Thank you. Reporter some of the most popular people we met today were the ice cream vendors. Oh, i got a double sprinkle. Reporter now i can tell you, we reached out to representatives from our local Utility Companies and they told us they are seeing a small spike in demand which they are more than prepared for. D. C. Water told us they ar
The day, despite the 95degree temperatures and kids mostly, trying to make the best of it. Water foundtains were very popular today, so were umbrellas to help block the sun and of course, people were finding shade wherever they could. These women came from england to see our monuments and parks but today, our museums were on top of their list. Well, i think its supposed to be hotter back in england but nothing like this. This is unbelievable. We have just been going from shade to shade and going in the museums a lot. Reporter some lucky people ran into this guy, who was handing out free fans to help people stay cool. Cool its hot. Awesome. Thank you. Thank you. Reporter some of the most popular people we met today were the ice cream vendors. Oh, i got a double sprinkle. Reporter now i can tell you, we reached out to representatives from our local Utility Companies and they told us they are seeing a small spike in demand which they are more than prepared for. D. C. Water told us they ar