:00:00. > :00:00.jobs. Now on BBC News all the latest
:00:00. > :00:17.business news live from Singapore. New pressures for Malaysia Airlines
:00:18. > :00:24.and Boeing for the relatives of the passengers of Flight MH370.
:00:25. > :00:29.And we take you into the world of virtual reality to find out why
:00:30. > :00:35.Facebook is spending $2 billion on this technology.
:00:36. > :00:45.Malaysia Airlines and Boeing are facing lawsuits over the missing
:00:46. > :00:48.flight MH370 as the search focuses on images showing a further 122
:00:49. > :00:54.potential objects in the southern Indian Ocean.
:00:55. > :00:58.A law firm in the US has filed a court motion, alleging the flight
:00:59. > :01:15.crashed due to mechanical failure. The claim right now is just to
:01:16. > :01:18.obtain discovery of information and that is essentially somewhat of a
:01:19. > :01:22.fishing exercise in order for the law firm to decide what motion to
:01:23. > :01:31.take out for an actual claim on behalf of the passengers.
:01:32. > :01:40.It is an information seeking exercise. Most of the passengers are
:01:41. > :01:43.from China and Malaysia. What do the laws in these countries they about
:01:44. > :01:56.missing persons and taking legal action? No bodies have been found so
:01:57. > :02:04.far. Has death or serious injury had occurred, that depends on individual
:02:05. > :02:07.laws. The number of years before a missing person is declared deceased
:02:08. > :02:15.is seven years. But Malaysia is a signatory to the Montreal
:02:16. > :02:20.Convention. That allows, well requires, a claim to be brought.
:02:21. > :02:26.What does it state in terms of compensation for family members? It
:02:27. > :02:29.has to be brought within two years and the amount they have to claim is
:02:30. > :02:35.that in two parts. The first part is strict. Regardless of the reason for
:02:36. > :02:38.the cause of death, for Malaysia, the amount that the next of kin is
:02:39. > :02:44.able to claim from the carrier is 175,000 US dollars per person.
:02:45. > :03:01.What about for the airline? What kind of impact would this have on
:03:02. > :03:05.the airline's bottom`line? It would have had to take out liability
:03:06. > :03:08.insurance. It would be about $1 billion so that should be enough in
:03:09. > :03:14.the insurance to cover claims that are brought by passengers.
:03:15. > :03:23.China is buying 70 jets from Airbus in a $10 billion order. It is now
:03:24. > :03:24.the only firm set to benefit during the Chinese President's visit to
:03:25. > :03:41.France. On the occasion of the Chinese
:03:42. > :03:46.President's visit to France, a bonanza for Airbus. First, a deal to
:03:47. > :03:47.sell 70 aircraft is to help fill the burgeoning Chinese demand for air
:03:48. > :04:05.travel. The $10 billion sale had been
:04:06. > :04:08.blocked because of Chinese objections to EU to impose carbon
:04:09. > :04:12.tax on foreign airlines, but those plans have been suspended. There is
:04:13. > :04:16.more for Airbus. It is also signed an agreement to extend for ten years
:04:17. > :04:19.the life of its joint venture. There are plans to build parts of the A330
:04:20. > :04:28.there as well. Another big contract on helicopters. Airbus has agreed to
:04:29. > :04:31.build 1000 of its helicopters in another joint venture with the
:04:32. > :04:34.Chinese. TRANSLATION: 18 billion Euros in contracts means employment,
:04:35. > :04:46.growth and especially respect for growth for years to come.
:04:47. > :04:51.Airbus has banked on the Chinese air market taking off and these
:04:52. > :04:54.contracts will be seen as a welcome confirmation. The European company
:04:55. > :05:07.says it supplies 50% of China's civil aviation needs.
:05:08. > :05:10.The creator of Candy Crush has had a disappointing debut on the stock
:05:11. > :05:13.exchange. They got crushed by investors with shares plummeting as
:05:14. > :05:16.much as 15%. The fall reflects concerns that the company may not be
:05:17. > :05:27.able to create another game as popular as Candy Crush.
:05:28. > :05:37.The World Trade Organisation is China's on rare elements breaks
:05:38. > :05:40.global trade rules. China accounts for more than 90% of the raw
:05:41. > :05:53.materials used in the manufacturing of gadgets such as DVDs and mobile
:05:54. > :05:56.phones. Facebook investors appear to have
:05:57. > :05:58.given the thumbs down to it's two billion`dollar deal to buy virtual
:05:59. > :06:01.reality headset makers. The shares fell 7% overnight. Closing at
:06:02. > :06:08.$60.38. So why is Facebook's owner so interested?
:06:09. > :06:19.Back in the 1980s, virtual reality was the hot new trend, ready to give
:06:20. > :06:22.us a different view of the world. But soon, enthusiasm faded because
:06:23. > :06:31.the whole experience was not very real. Now, virtual reality is back
:06:32. > :06:34.after Facebook paid a huge sum for this company, a business yet to
:06:35. > :06:46.release this headset to the general public. Companies have been rushing
:06:47. > :06:50.to experiment with the technology which allows it uses to get a 360
:06:51. > :06:54.degree view while they play. Virtual reality have come a long way over
:06:55. > :06:57.the last 20 years, and I get a real sense of walking into this Tuscan
:06:58. > :07:05.villa of a 3`D environment. I can even try and walk these stairs. But
:07:06. > :07:08.Facebook and others are betting that this kind of experience will appeal
:07:09. > :07:13.to people and businesses way beyond the world of gaming. So where am I?
:07:14. > :07:22.You are in an underground bunker. This developer is working on a
:07:23. > :07:26.series of games. They will start off with gaming but you will see them go
:07:27. > :07:37.to interesting areas as going back in time and exploring history. Or
:07:38. > :07:39.even watching football matches. And from supermarkets guiding us around
:07:40. > :07:43.virtual stores to a sports sponsors giving us a taste of rugby. Plenty
:07:44. > :07:50.of businesses will be trying to take us into their virtual world.
:07:51. > :07:58.Would you like a job that promises plenty of peace and quiet? In the
:07:59. > :08:01.latest segment on cool jobs in Asia, our correspondent travels to one of
:08:02. > :08:06.the most remote weather stations in Taiwan.
:08:07. > :08:18.If you like the outdoors and don't mind a bit of solitude, this could
:08:19. > :08:21.be the job for you. The office is a tiny island a mere one and a half
:08:22. > :08:29.square kilometres. And the job is checking the weather. It belongs to
:08:30. > :08:31.this man, he works one month on, one month off. He shares a job with
:08:32. > :08:40.another weatherman. With only two stores, no cinemas and
:08:41. > :09:14.nothing to do. Do you get bored? The remote location and lack of
:09:15. > :09:24.activities could explain why there is not a lot of competition for his
:09:25. > :09:33.job. Even though the information he collects is vital for the local
:09:34. > :09:36.shipping and fishing industries. Every day more than 5000 fishing
:09:37. > :09:43.boats and cargo ships pass through these waters in the Taiwan Straits.
:09:44. > :09:45.The fishing industry alone injects 3/2 billion dollars into the economy
:09:46. > :09:48.each year. Overall traffic is expected to rise as economic ties
:09:49. > :10:01.between Taiwan and China grew closer. Why did you choose this job?
:10:02. > :10:25.As an added bonus, he found his wife here. No mean feat given that there
:10:26. > :10:27.are just 25 people on the island. So even after nine years, he says he is
:10:28. > :10:47.not about to quit any time soon. Regional share prices are all in
:10:48. > :10:54.negative territory. That is after US equities fell overnight amid
:10:55. > :10:57.geopolitical concerns. Those are the market. Thank you for interesting
:10:58. > :11:08.your time with us. I'm Mike Embley. The top stories
:11:09. > :11:11.this hour. A satellite has spotted what could
:11:12. > :11:14.be a massive field of debris in the southern Indian Ocean ` its
:11:15. > :11:18.described as the most credible lead yet in the hunt for the missing
:11:19. > :11:22.Malaysian airliner. Footage has emerged showing the dramatic rescue
:11:23. > :11:23.of a four year`old boy from the mudslide in