0:00:04 > 0:00:08This is Business Live from BBC News with Alice Baxter and Sally Bundock.
0:00:08 > 0:00:11Getting down to business - the leaders of of world's most
0:00:11 > 0:00:17important economies sign industrial deals worth more than $250 billion.
0:00:17 > 0:00:25Live from London, that's our top story on Thursday, November 9th.
0:00:38 > 0:00:43China's Xi Jinping and Trump shake hands on $250 billion
0:00:43 > 0:00:46of potential business deals, including a pledge to buy 300
0:00:46 > 0:00:51airplanes from US aviation giant Boeing valed at $37 billion.
0:00:51 > 0:01:01Also in the programme.
0:01:02 > 0:01:10The malls chases the fox. Could the changing global media landscape see
0:01:10 > 0:01:1521st Century Fox sold to Walt Disney? Will also have the latest
0:01:15 > 0:01:22market movements. Another record-breaking day on Wall Street.
0:01:22 > 0:01:36In Europe a mixed picture. Will be getting the inside track on the
0:01:36 > 0:01:41construction industry and the boss he says the sector need more women.
0:01:41 > 0:01:44We'll be talking breakfast. Tiffany 's has got a brand-new offering
0:01:44 > 0:01:49which will set you back $29 for a coffee and a croissant. We are
0:01:49 > 0:01:53asking you today, how much have you ever spent on a coffee and
0:01:53 > 0:02:05croissant? Don't hold back, use the hashtag.
0:02:08 > 0:02:12A warm welcome to you.
0:02:12 > 0:02:14President Trump and his Chinese counterpart Xi Jinping have said
0:02:14 > 0:02:17they would work together to improve trade relations on his
0:02:17 > 0:02:18visit to Beijing.
0:02:18 > 0:02:21In a departure from his recent rhetoric, the US President said
0:02:21 > 0:02:23he does "not blame China" for the trade deficit
0:02:23 > 0:02:27between the two countries.
0:02:27 > 0:02:29The two leaders signed industrial cooperation deals worth
0:02:29 > 0:02:34more than $250 billion.
0:02:34 > 0:02:37And China said it would buy 300 airplanes from US aerospace giant
0:02:37 > 0:02:43Boeing valued over $37 billion.
0:02:43 > 0:02:53Mr Xi told reporters that the Chinese economy was changing.
0:02:53 > 0:03:01Joining me now from Beijing is our correspondent, Steve McDonell.
0:03:01 > 0:03:06Covering every twist and turn of this China leg of the Asian tour of
0:03:06 > 0:03:11President Trump. Alice outlining the fact they say they've done deals
0:03:11 > 0:03:16worth something like $250 billion. A few bits of information is trickling
0:03:16 > 0:03:23in about General Electric proving to be a winner, as is Boeing.
0:03:23 > 0:03:27Absolutely. It's interesting, we just heard about that reference from
0:03:27 > 0:03:31Donald Trump where he said he doesn't blame China for the trade
0:03:31 > 0:03:35imbalance between the two countries. He said that in front of a gathering
0:03:35 > 0:03:39of business people from China and the US. When he said that there was
0:03:39 > 0:03:48a bit of a gasp of surprise around the rim. It's obviously a different
0:03:48 > 0:03:52tone from Donald Trump on the campaign trail. That was hellfire
0:03:52 > 0:03:57and brimstone, we are going after China on trade. Here he is with Xi
0:03:57 > 0:04:00Jinping and they are announcing all these deals. Yes, there is talk of
0:04:00 > 0:04:08them adding up to $250 billion I think. It's going to be something
0:04:08 > 0:04:12we'll have to have a look at overcoming days and weeks. Some of
0:04:12 > 0:04:16them are more in the memorandum of understanding category. Not
0:04:16 > 0:04:20necessarily actual contracts with deliveries of units. And yet other
0:04:20 > 0:04:25parts of these, some of them do seem to be the real thing. Xi Jinping has
0:04:25 > 0:04:33said that under Donald Trump, his administration is ushering in a new
0:04:33 > 0:04:37spirit, a new time of cooperation between the two. They needed to have
0:04:37 > 0:04:40something to show this. That's why all these deals have been announced
0:04:40 > 0:04:54now.You have your" announceable" you've been looking for. In terms of
0:04:54 > 0:05:00what's going on now, US business bosses want better access to China.
0:05:00 > 0:05:03Some of the big corporate have really struggled to operate and make
0:05:03 > 0:05:10headway in the Chinese mainland market, which is worth billions.
0:05:10 > 0:05:15Yes, and Xi Jinping has said today that that is going to happen. He
0:05:15 > 0:05:22said there will be greater access to China for US companies. The short
0:05:22 > 0:05:24time ago the Foreign Ministry said there would be a timetable for some
0:05:24 > 0:05:30of these things, specific tax breaks for the auto industry and the like.
0:05:30 > 0:05:35We will see what comes of those announcements. Whether or not it's
0:05:35 > 0:05:38just all talk from Xi Jinping or whether it's going to open up
0:05:38 > 0:05:43sections of the Chinese economy to foreign investment. Of course,
0:05:43 > 0:05:45people who have tried to invest in China will know there's certain
0:05:45 > 0:05:52parts of this economy, as a foreign entity you can't just buy a coal or
0:05:52 > 0:05:55steel mill, there are certain other parts of the economy you can only
0:05:55 > 0:06:02engage in the Chinese economy as a joint partner. For a long time in
0:06:02 > 0:06:06the West and especially in the US, they've been calling for greater
0:06:06 > 0:06:09access to the Chinese market and Xi Jinping says it's coming. We'll see
0:06:09 > 0:06:13if it does.Will watch this space. Thank you.
0:06:13 > 0:06:16The chairman of 21st Century Fox, Lachlan Murdoch, says
0:06:16 > 0:06:18the media giant is in good shape, despite tough conditions.
0:06:18 > 0:06:20Fox reported better than expected figures for the three
0:06:20 > 0:06:23months to September.
0:06:23 > 0:06:26But the real buzz has been about reports it's held talks
0:06:26 > 0:06:31to sell off a huge swathe of its business, most of its TV
0:06:31 > 0:06:35and film business, to Disney.
0:06:35 > 0:06:38The likes of Netflix, Google and Amazon are now huge
0:06:38 > 0:06:42players in the media business, as more of us stream movies and TV
0:06:42 > 0:06:48rather than watching cable channels.
0:06:48 > 0:06:52That's led to millions "cutting the cord"
0:06:52 > 0:06:54with their cable provider - five million Americans are expected
0:06:54 > 0:06:59to axe cable this year, twice as many as last year.
0:06:59 > 0:07:01Disney is launching its own streaming service in 2019
0:07:01 > 0:07:07and pulling its first-run movies off Netflix.
0:07:07 > 0:07:13Buying Fox's studios would give it access to much more content.
0:07:13 > 0:07:16Disney and Fox also each own around 25% of streaming service Hulu,
0:07:16 > 0:07:20another growing platform for content if there was a deal.
0:07:20 > 0:07:23Still, Netflix is a streaming stalwart and boasts 109
0:07:23 > 0:07:29million global customers.
0:07:29 > 0:07:36Media analyst Richard Broughton is here.
0:07:36 > 0:07:39Good morning, Richard. Sitting in patiently as we read that long
0:07:39 > 0:07:46intro. It's quite a tale. Give us your take on Fox. Earnings fairly
0:07:46 > 0:07:50robust but we all want to know what it's going to do next.Fox as a
0:07:50 > 0:07:55business is in pretty good shape. The story is more political and
0:07:55 > 0:08:00financial I suspect. There are two be components to this for them, one
0:08:00 > 0:08:06is the ongoing Sky saga in the UK. Fox controls 39% of pay TV broadcast
0:08:06 > 0:08:10on Sky and has been trying to buy the remaining stake. That has been a
0:08:10 > 0:08:15bit of a regular Tory hot potato and there is some suspicion it may not
0:08:15 > 0:08:24go ahead -- regulatory hot potato. Fox may reconsider its strategy of
0:08:24 > 0:08:27reintegrating businesses and use the cash to do something else.
0:08:27 > 0:08:34Simultaneously there has been some concern over the departure of a key
0:08:34 > 0:08:40shareholder who controlled about 6% of Fox. That doesn't sound like a
0:08:40 > 0:08:45lot but when you consider the Murdochs hold 39% it makes a
0:08:45 > 0:08:52difference in key votes.We've got James Murdoch the son of Rupert,
0:08:52 > 0:09:02trying to get that deal through pass the UK regulatory authorities. And
0:09:02 > 0:09:07the Prince, who sold the 6%, is the one who's been imprisoned in Saudi
0:09:07 > 0:09:13Arabia.It's a complex family and friends story here. The easy part of
0:09:13 > 0:09:18the story is why Disney might want to buy Fox. It's an attractive
0:09:18 > 0:09:24business and will complement the core Disney business with all of the
0:09:24 > 0:09:28titles and media assets that Fox controls.The background is this
0:09:28 > 0:09:35great change on the media landscape. This move away from cable networks
0:09:35 > 0:09:42in the States, more on Main Street streaming.Yes, and second quarter
0:09:42 > 0:09:46this year for US pay-TV was one of the worst on record. People have
0:09:46 > 0:09:52been shifting to services like Netflix, Amazon and Hulu, but also
0:09:52 > 0:10:01to this new trend of virtual cable companies. Services like Sling TV
0:10:01 > 0:10:07which have a smaller package of channels for a lower cost.Thank you
0:10:07 > 0:10:11so much. There is a lot to discuss there. If we say on that subject,
0:10:11 > 0:10:15because the top story in our round-up today, the Chief Executive
0:10:15 > 0:10:21of AT&T has said he never offered to sell CNN and has no intention of
0:10:21 > 0:10:26doing so. US regulators reviewing a planned $85 billion merger between
0:10:26 > 0:10:30Time Warner and AT&T.
0:10:30 > 0:10:32Reports have suggested they are demanding a sale
0:10:32 > 0:10:34of assets such as CNN as a condition for approval.
0:10:34 > 0:10:36A familiar tale.
0:10:36 > 0:10:38Former top executives at Yahoo and Equifax have apologised
0:10:38 > 0:10:41at a Senate hearing for security breaches that exposed billions
0:10:41 > 0:10:44of customer accounts.
0:10:44 > 0:10:45Politicians are threatening greater intervention
0:10:45 > 0:10:50in tech firms' business.
0:10:50 > 0:10:52Talks over the possible sale of the film production company
0:10:52 > 0:10:57co-founded by Harvey Weinstein have fallen through, the BBC has learned.
0:10:57 > 0:11:00The Weinstein Company had entered into a preliminary deal with US
0:11:00 > 0:11:08private equity firm Colony Capital.
0:11:08 > 0:11:14There's more detail on this story on our website. Remember the page is
0:11:14 > 0:11:18always updating with the latest business news as it is breaking. On
0:11:18 > 0:11:21days like today when there's a lot of corporate stories around, dig
0:11:21 > 0:11:28deep into the page.
0:11:28 > 0:11:31Let's look at markets and some choppy trading over in Asia
0:11:31 > 0:11:32where stocks stayed closed to a decade-long peak
0:11:32 > 0:11:38on Thursday following another record-breaking day on Wall Street.
0:11:38 > 0:11:43Japanese shares ended the day in the red on Thursday
0:11:43 > 0:11:46after dramatic intraday swings took the Nikkei and Topix indexes
0:11:46 > 0:11:48to multi-decade highs - with the Nikkei breaking the 23,000
0:11:48 > 0:11:54level for the first time since January 1992, as financial
0:11:54 > 0:11:57and securities shares rallied - only to later plunge
0:11:58 > 0:12:01in the afternoon on profit taking.
0:12:01 > 0:12:03Those swings on equities lead to the the dollar
0:12:03 > 0:12:06slipping against the yen - investors appetite for risk clearly
0:12:06 > 0:12:08taking a bit of a dampening.
0:12:08 > 0:12:14Meanwhile here in Europe stocks have opened slightly down.
0:12:14 > 0:12:21And we have the details about what's ahead on Wall Street Today.
0:12:21 > 0:12:26To media giants will be reporting earnings on birthday. First up Walt
0:12:26 > 0:12:30Disney. Their theme park will be a big driver of growth for the
0:12:30 > 0:12:35company. But, in the movie department, Disney hasn't had any
0:12:35 > 0:12:38real blockbusters. So that's going to be looked at as a negative. Next
0:12:38 > 0:12:46up the Rupert Murdoch owned Newscorp. Analysts are expecting
0:12:46 > 0:12:51some growth in revenue. But an ongoing decline in demand for print
0:12:51 > 0:12:54-based advertising is affecting the company's biggest source of revenue.
0:12:54 > 0:13:00Also reporting earnings, Equifax. This will be their first earnings
0:13:00 > 0:13:06report since a massive hack in which the data of 145.5 million Americans
0:13:06 > 0:13:11may have been stolen. And finally, a slew of department stores will also
0:13:11 > 0:13:16be reporting results including Macy's, and Coles.
0:13:16 > 0:13:21Joining us is Jane Foley, Senior Currency Strategist, Rabobank.
0:13:21 > 0:13:29Good morning. Alice, Samir talking about some of the stories in the
0:13:29 > 0:13:34markets. What caught my attention today is Japan, partly because of
0:13:34 > 0:13:40the Aaron wake. Japan seems to be creeping higher and higher in the
0:13:40 > 0:13:47background.If you include September, Japan has had the longest
0:13:47 > 0:13:53spate of recovery since the Second World War.You mean share market
0:13:53 > 0:13:57recovery or economic recovery?The growth of the economy has been
0:13:57 > 0:14:04growing for more months than before. It had a really strong... In fact
0:14:04 > 0:14:09it's been one of the global success stories of the year, Japan.Is that
0:14:09 > 0:14:15slow incremental growth? Nothing that headline grabbing.We haven't
0:14:15 > 0:14:20noticed. But there has been this economic expansion. Part of it is
0:14:20 > 0:14:24related to the yen. The value of the yen is relatively soft and that has
0:14:24 > 0:14:29obviously helped them. Japan is a big exporting nation. China great
0:14:29 > 0:14:32has been good this year. Global growth is quite strong this year
0:14:32 > 0:14:37which has helped Japan. Oil prices have been cheap. They don't have
0:14:37 > 0:14:41natural resources, they import a lot of their energy particularly since
0:14:41 > 0:14:45the nuclear crisis. That has helped them too. Oil is creeping up and
0:14:45 > 0:14:54given them a inflationary boost. Thank you. We'll be back to talk
0:14:54 > 0:14:57about the business papers. No time to talk about Brexit negotiations
0:14:57 > 0:15:02because time is ticking. But we are going to be discussing breakfast at
0:15:02 > 0:15:05Tiffanys!
0:15:05 > 0:15:08Will also be talking about the construction industry where B ask
0:15:08 > 0:15:13one company boss why so few women joined the building profession.
0:15:13 > 0:15:20You're with Business Live from BBC News.
0:15:25 > 0:15:29It's a really busy day for corporate stories. We've heard from the likes
0:15:29 > 0:15:36of Sainsbury's and so on. We also want to mention this story.
0:15:36 > 0:15:39Regional airline Flybe has reported a 47% drop in adjusted pre-tax
0:15:39 > 0:15:40profit to £8.4 million.
0:15:40 > 0:15:42The firm attributed the decrease to a "previously announced one-off
0:15:42 > 0:15:45onerous IT contract provision and the impact of increased
0:15:45 > 0:15:50aircraft maintenance costs," as well as the drop in sterling.
0:15:50 > 0:15:58John Strickland, aviation consultant, can explain more.
0:15:58 > 0:16:04That is definitely management-speak. We need him to help us make sense of
0:16:04 > 0:16:08that! What does it mean?They are trying to make it more relevant to
0:16:08 > 0:16:13the space of the market they operate on. They had some space to try to
0:16:13 > 0:16:17improve reliability of operation. Flybe, many viewers will know, is an
0:16:17 > 0:16:21important regional carrier in the UK. Not so active in London but came
0:16:21 > 0:16:26back into Heathrow earlier this year. Importing for Southampton,
0:16:26 > 0:16:29Birmingham, Manchester, and up in Scotland, and they are really not
0:16:29 > 0:16:35competing with the likes of easyJet and Ryanair, but with others. A new
0:16:35 > 0:16:41management team this year and trying to make progress. In some ways they
0:16:41 > 0:16:45have been dealing with challenges from the past.A lot of changes for
0:16:45 > 0:16:56Flybe, has in there?Yes, and you CEO came in in January -- a new CEO
0:16:56 > 0:17:03came in, with a lot of experience from city Jet and Air France and the
0:17:03 > 0:17:06experienced in the industry. The fleet they have got is actually too
0:17:06 > 0:17:10big for the job and they have many new aircraft previous management had
0:17:10 > 0:17:14ordered some years back and they are trying to digester that and indeed
0:17:14 > 0:17:19get rid of some of those aircraft. They have had to sell almost at any
0:17:19 > 0:17:27price to sell the seats inherited and RSS are getting much better grip
0:17:27 > 0:17:34in terms of prices. The revenue story today is very positive. We
0:17:34 > 0:17:38have seen revenues rising.Will have to leave it there, John Strickland,
0:17:38 > 0:17:46thank you very much. Let's mention Sainsbury's. Profits falling by 9%,
0:17:46 > 0:17:51£251 million, that is the 28 weeks until the 20th of September. The
0:17:51 > 0:17:54boss of Sainsbury's has been talking to BBC breakfast and you can read
0:17:54 > 0:18:04more about him on our website. -- until the 28thth of September.
0:18:04 > 0:18:06You're watching Business Live - our top story:
0:18:06 > 0:18:14Getting down to business - the leaders of the world's biggest
0:18:14 > 0:18:18economies shake hands on some $250 billion worth of deals.
0:18:18 > 0:18:26A quick look at how markets are faring.
0:18:26 > 0:18:30Following a bumper session in Asia you can see flat to down in London,
0:18:30 > 0:18:33Burberry shares down quite a bit on the back of their earnings as well,
0:18:33 > 0:18:35as you can see.
0:18:35 > 0:18:38Now, let's get the inside track on the construction industry -
0:18:38 > 0:18:42and the particular challenges faced by high security projects.
0:18:42 > 0:18:45Gilbert-Ash is a firm based in Northern Ireland and London,
0:18:45 > 0:18:47with more than 180 staff.
0:18:47 > 0:18:48It specialises in construction and renovation work,
0:18:48 > 0:18:52and has delivered British, US and Polish embassies
0:18:52 > 0:18:57in dozens of countries.
0:18:57 > 0:19:04Joining us now in the studio is the boss of that company, Ray
0:19:04 > 0:19:08Hutchinson, the managing director of Gilbert-Ash. Thanks for joining us.
0:19:08 > 0:19:12Good morning. Looking at your company in a bit more detail is
0:19:12 > 0:19:17actually quite fascinating, to see what you do, building embassies all
0:19:17 > 0:19:21over the world, in very challenging environments in some cases.Indeed,
0:19:21 > 0:19:25that is right. We are very proud of our record thus far and what we have
0:19:25 > 0:19:28done around the world, we have worked in 43 countries around the
0:19:28 > 0:19:38world, and as you say each of those countries is very unique and
0:19:38 > 0:19:40challenging in its own particular way. What we bring is a very
0:19:40 > 0:19:43proactive approach to that, and I think one of the most important
0:19:43 > 0:19:45things from our perspective is the fact we immerse ourselves in the
0:19:45 > 0:19:48country of each of the country's -- in the culture of each of the
0:19:48 > 0:19:50countries we work on, and we embrace the people locally and embrace the
0:19:50 > 0:19:53culture and I think that benefits everyone and is why we have been so
0:19:53 > 0:19:58successful so far.One of those challenging environments was Nepal
0:19:58 > 0:20:01after the earthquake. Her challenging was that?Very
0:20:01 > 0:20:06challenging. In 2015 the earthquake sadly killed 9000 people and in the
0:20:06 > 0:20:09immediate aftermath of many organisations look to strengthen
0:20:09 > 0:20:18their buildings and Commonwealth office strengthening a number of
0:20:18 > 0:20:21their embassy buildings, so that was hugely challenging.That must be
0:20:21 > 0:20:25difficult in a place like Nepal which is incredibly poor, and I know
0:20:25 > 0:20:28since that earthquake they still have so many infrastructure
0:20:28 > 0:20:32challenges. They have not got the money to fund fantastically strong
0:20:32 > 0:20:35buildings, get you are in the middle of all of that was lots of money
0:20:35 > 0:20:39from the UK Government to build a very robust building for British
0:20:39 > 0:20:43ambassadors?Yes, but the important thing from our perspective is it is
0:20:43 > 0:20:48not just a simple case of us showing the people in the countries and the
0:20:48 > 0:20:51places in which we work how to do things, but we learn from that as
0:20:51 > 0:20:55well. It is sharing ideas and practices. In Nepal for example we
0:20:55 > 0:20:59used a lot of the local workforce, we employed a lot of local
0:20:59 > 0:21:03companies, so they have benefited as a result of us being there are every
0:21:03 > 0:21:13bit as much as we have done so by being there.Something else you push
0:21:13 > 0:21:15is gender equality. You have 50% of the workforce female, incredible?It
0:21:15 > 0:21:18is remarkable, and I think Nepal had suffered a lot because many of the
0:21:18 > 0:21:21local construction force had left to work in the Middle East, and in the
0:21:21 > 0:21:25immediate aftermath of the earthquake there were huge labour
0:21:25 > 0:21:27shortages and they address that by employing more women into the
0:21:27 > 0:21:34construction industry. As you say, we had 50-50 male and female
0:21:34 > 0:21:38balance. Remarkable.And that is not just in Nepal but something you are
0:21:38 > 0:21:43trying to push throughout your project?Indeed. Certainly from our
0:21:43 > 0:21:49perspective it is very high on our agenda, the diversity. Our
0:21:49 > 0:21:53organisation, other 21% of our workforce is female, which might not
0:21:53 > 0:21:57seem particularly high, but relative to the sector, it is about 11%
0:21:57 > 0:22:00female, so we are very good in respect of that and it is something
0:22:00 > 0:22:04we are continuing to try to promote, to get more females in the
0:22:04 > 0:22:08construction.You are a company based in Northern Ireland and here
0:22:08 > 0:22:13in London. Tel us about Brexit, because it is impacting the
0:22:13 > 0:22:19construction industry generally speaking in a massive way and will
0:22:19 > 0:22:22do in the future. What impact will it have in your country given that
0:22:22 > 0:22:25you work all over the world and not just in Northern Ireland and the UK?
0:22:25 > 0:22:27We are planning a number of things the minute. Like any business there
0:22:27 > 0:22:30is an uncertainty around it but we are trying our best from our
0:22:30 > 0:22:33perspective to try as blessed we can for every contingency that might
0:22:33 > 0:22:38come around. There are a number of areas we are conscious of, for
0:22:38 > 0:22:41example migration, very important from our perspective -- we are
0:22:41 > 0:22:53trying our best to prepare for every contingency that might come up. Many
0:22:53 > 0:22:57of our products are from the UK so we need to make sure imports are
0:22:57 > 0:23:02friendly.And many company bosses listening to you are saying, yes, we
0:23:02 > 0:23:05need that as well! Ray Hutchinson, thank you for coming in. Good to
0:23:05 > 0:23:12have you on the programme.Thank you.
0:23:12 > 0:23:14In a moment we'll take a look through the business
0:23:14 > 0:23:16pages, but first here's a quick reminder of how
0:23:16 > 0:23:18to get in touch with us.
0:23:18 > 0:23:20The Business Live page is where you can stay ahead
0:23:20 > 0:23:22with all of the day's breaking business news.
0:23:22 > 0:23:24We'll keep you up-to-date with all the latest details,
0:23:24 > 0:23:27with insight and analysis from the BBC's team of editors
0:23:27 > 0:23:30right around the world.
0:23:30 > 0:23:33And we want to hear from you too - get involved on the BBC
0:23:33 > 0:23:35Business Live web page at bbc.com/business,
0:23:35 > 0:23:37on Twitter we're @BBCBusiness, and you can find us on Facebook
0:23:37 > 0:23:45at BBC Business News.
0:23:45 > 0:23:47Business Live, on TV and online -
0:23:47 > 0:23:48whenever you need to know.
0:23:48 > 0:23:52What other business stories has the media been taking an interest
0:23:52 > 0:23:53in today?
0:23:53 > 0:23:58Jane Foley is joining us again to discuss.
0:23:58 > 0:24:04Good morning. Good morning. I am feverishlytyping here! You carry
0:24:04 > 0:24:13on!Reading vulgar, what I do with my time!We asked viewers to tweak
0:24:13 > 0:24:17in about the most expensive breakfast they had ever had. As
0:24:17 > 0:24:25reported, from Friday in New York at Tiffany's you can now buy a copy for
0:24:25 > 0:24:32$29 -- a coffee. Justin has had a rubbish hamburger in Dubai Airport,
0:24:32 > 0:24:46not very good.Is that breakfast, hamburger?For me it isairports,
0:24:46 > 0:24:50you know you were to eat because you won't get any food on the aeroplane,
0:24:50 > 0:24:53and you reluctantly have to part with too much money for a very small
0:24:53 > 0:24:58breakfast.Would you like to have breakfast at Tiffany's?$29 is a
0:24:58 > 0:25:03little pricey for me. It would have to be a birthday or some kind of
0:25:03 > 0:25:09celebration. It is quite interesting, in Vogue, perhaps a
0:25:09 > 0:25:12representation of the audience, because they see Tiffany's is going
0:25:12 > 0:25:22towards a younger audience. $29? It does not sound that affordable to
0:25:22 > 0:25:31me, for coffee.And doubling female members on their walls...Yes, the
0:25:31 > 0:25:35FTSE 100, the figures on women, progress, but still work to be done.
0:25:35 > 0:25:40We will be saying that for a while but still time to make progress.
0:25:40 > 0:25:45Going in the right direction. Thank you for your time today. And thank
0:25:45 > 0:25:48you, too, for your company. I imagine people tucking into their
0:25:48 > 0:25:52coffee and cry song as they watch. We will do that right now! See you
0:25:52 > 0:26:05soon. Thanks for watching -- there coffee and croissant.