:00:00. > :00:00.There is a report creating a backlash against the US. Those the
:00:00. > :00:00.latest headlines from BBC World News. Now the latest financial
:00:00. > :00:23.news. The sale of a national icon. The
:00:24. > :00:28.board of Peugeot Citroen meet to decide the future of the company
:00:29. > :00:33.part of that future could lie in China. Better late than never, we
:00:34. > :00:43.get US jobs figures for September. 18 days later than expected due to
:00:44. > :00:47.the US shutdown. Hello and a warm welcome. I'm Sally Bundock. Also in
:00:48. > :00:52.the programme, property prices climb in China stoking fears that the
:00:53. > :00:57.government is poised to create measures to contain the market.
:00:58. > :01:05.Letters talk about Peugeot Citroen. It lurches from crisis to crisis. ``
:01:06. > :01:09.let pass. Like its rivals it hopes to develop
:01:10. > :01:15.and sell cars in growing markets such as China. But that takes money
:01:16. > :01:19.and they are losing more than 3 million euros every day. Later today
:01:20. > :01:26.the company 's board is meeting and on the table is a deal to send
:01:27. > :01:30.stakes to China's Dong Feng and the French government. Any deal will
:01:31. > :01:35.come too late for workers at the plant outside Paris. We caught up
:01:36. > :01:41.with some of the 11,000 workers who will lose their jobs when it closes.
:01:42. > :01:46.This was a factory. The only plant in northern Paris.
:01:47. > :01:51.Once they made 700 cars per day. It is grinding to a halt. Only a few
:01:52. > :01:55.hundred remain, angry and bitter. In a few months they will have left,
:01:56. > :02:04.victim survey collapsing market and decisions. Hope has gone. But at the
:02:05. > :02:08.top they are making plans. It is against this background of job cuts,
:02:09. > :02:13.closures, haemorrhaging cash that the board meets at the Paris
:02:14. > :02:18.headquarters. The company is not saying anything other than they are
:02:19. > :02:27.looking at a number of potential unnamed strategic and commercial
:02:28. > :02:33.partnerships. The buzz says it is a 1.5 billion euro injection of cash
:02:34. > :02:38.from Dong Feng and possibly a similar injection by the French
:02:39. > :02:43.state. The company needs cash and urgently in order to develop its
:02:44. > :02:48.manufacturing in the markets it is neglecting, that is Asia and South
:02:49. > :02:55.America. Today the only people with the money to invest are the Chinese.
:02:56. > :02:59.It would be a huge strategic step affecting control of what free
:03:00. > :03:04.century has been a flagship of French industry. For the workforce
:03:05. > :03:09.it does not make a huge difference who is at the helm. TRANSLATION: The
:03:10. > :03:14.fact that it is the Chinese is irrelevant. Workers are workers. Do
:03:15. > :03:20.not try to scare as with the Chinese. The real problem is that
:03:21. > :03:25.one side you have stockholders who want more and more and a greater
:03:26. > :03:29.dividends and at the other you have workers sent to the scrapheap. That
:03:30. > :03:34.is the problem. This week, symbolically, sees the rollout of
:03:35. > :03:42.the last ever car. The rescue package, if it comes, will have no
:03:43. > :03:49.impact here. New house prices in China's four major cities saw record
:03:50. > :03:53.rises in the month of September. In the manufacturing hubs they
:03:54. > :04:04.climbed as much as 20%. We go to Rico Hizon for the details. Phil
:04:05. > :04:10.Arsene. Prices going up and up? `` feel asks Ian. The rapidly rising
:04:11. > :04:16.house prices show that the property sector plays an important role in
:04:17. > :04:19.supporting the mainland 's fragile economic growth despite government
:04:20. > :04:25.measures to calm the markets over the past three years, many mainland
:04:26. > :04:28.investors still have a strong view that property remains one of their
:04:29. > :04:38.best investment options. Home prices are the most since
:04:39. > :04:43.January 2011. Beijing rose 16%. 17% in Shanghai. A sharp increase in
:04:44. > :04:48.lending in the first half of the year combined with a relaxation of
:04:49. > :04:52.strict controls on home purchases in some cities has played a part in
:04:53. > :05:00.boosting sales and pushing prices higher. In the meantime, shares are
:05:01. > :05:03.falling in China and this is in direct reaction to this news, isn't
:05:04. > :05:09.it? It boils down to fear. Because of these price surges that could
:05:10. > :05:13.lead to a sharp correction in prices sooner rather than later. They
:05:14. > :05:17.believe the government would have to impose tighter controls to bring
:05:18. > :05:25.prices in line with incomes. Analysts believe there would be no
:05:26. > :05:35.major policy moves before October. With rapidly rising house prices
:05:36. > :05:44.tighter controls before the end of the year. Thank you very much. Let
:05:45. > :05:47.us now take a look at what is going on in the United States. 18 days
:05:48. > :05:53.later than planned we will get a snapshot of the US labour market.
:05:54. > :05:58.Firms are thought to have hired an extra 180,000 people in September. A
:05:59. > :06:04.sign of moderate growth. Less than the 200,000 needed to replace jobs
:06:05. > :06:09.lost in the recession. The release was delayed due to the US government
:06:10. > :06:15.shutdown as number crunchers were sent home.
:06:16. > :06:21.Every month America's central bank decides how to steer the world's
:06:22. > :06:26.biggest economy by looking at layers of economic data. Because of the
:06:27. > :06:31.recent government shutdown the picture is now blurred. The most
:06:32. > :06:37.important of all is the data on the labour market. During the recession
:06:38. > :06:41.the economy lost nearly 9 million jobs and only three quarters of them
:06:42. > :06:47.have been recovered. The Federal reserve wants to make sure that the
:06:48. > :06:51.labour market across the country has improved enough before starting to
:06:52. > :06:56.withdraw stimulus measures. The release of the crucial Jobstart was
:06:57. > :07:02.delayed by nearly three weeks by the government shutdown. We are just
:07:03. > :07:08.going to start getting the data for September and it will roll in over
:07:09. > :07:12.the next several weeks. Then the collection of October data has also
:07:13. > :07:16.been delayed. Agencies are scrambling to collect the data for
:07:17. > :07:23.October. That will also be released with a delay. It will not be until
:07:24. > :07:29.we get the November date in December that everything will be normalised.
:07:30. > :07:35.That, Casey task of the Federal reserve. It starts the next policy
:07:36. > :07:39.meeting in one week. Many economists are expected to remain cautious in
:07:40. > :07:46.Chart site `` pumping cheap money into the economy.
:07:47. > :07:50.Facebook is allowing videos and pictures which are people being
:07:51. > :07:56.decapitated and other graphic violence to be posted on its site
:07:57. > :07:59.again. The site introduced a temporary ban earlier this year
:08:00. > :08:04.after complaints that the pictures caused psychological damage. The
:08:05. > :08:14.company has confirmed it believes its users should be free to watch
:08:15. > :08:21.and condemn the videos. They join the Brazilian company to
:08:22. > :08:31.get rights to the lever oil fields. They won 35 year concessions. The
:08:32. > :08:38.option has been hugely controversial and there have been the market for
:08:39. > :08:44.tablet computers has become increasingly competitive.
:08:45. > :08:53.A demand for small and lower`priced tablets as set a demand for PCs. The
:08:54. > :08:57.iPad five will be released in San Francisco later today. They are
:08:58. > :09:02.trying to fend off a growing list of competitors. One of those is no key.
:09:03. > :09:13.Note here is holding a world press event in Abou Diaby. `` Nokia. As
:09:14. > :09:16.ever, an awful lot going on. A mixed picture in the financial markets.
:09:17. > :09:23.picture in the China is having a tough time.
:09:24. > :09:30.One of the reasons we are seeing some negativity is not flat trade is
:09:31. > :09:34.because of what is coming out later in the United States. The jobless
:09:35. > :09:37.news reminds us all that we are wondering when the Federal reserve
:09:38. > :09:43.will begin to exit its stimulus strategy. That is the close in the
:09:44. > :09:50.United States. A big movie today is China Mobile. Its shares have
:09:51. > :10:07.dropped 3.6%. I will see you soon. The government will introduce
:10:08. > :10:13.measures to claw back half ?1 billion per year for the NHS eye at
:10:14. > :10:16.preventing health tourists were using services for free. Some
:10:17. > :10:21.overseas visitors will be charged with treatment. Doctors say it will
:10:22. > :10:25.be difficult to implement. Working out just how much is spent
:10:26. > :10:28.by the NHS on treating overseas visitors has proved to be
:10:29. > :10:29.complicated.