:00:00. > :00:00.It was on a flight from Pokhara to Jomsom when it lost
:00:00. > :00:00.Those are the latest headlines from BBC World News.
:00:00. > :00:14.Here's Sally and World Business Report.
:00:15. > :00:26.As yet another Asian economy posts disappointing growth figures, we
:00:27. > :00:30.take the temperature on the region's economic prospects.
:00:31. > :00:33.And getting to the core of an issue: As Apple continues
:00:34. > :00:36.its fight with the FBI over iPhone encryption, protesters show their
:00:37. > :00:44.Welcome to World Business Report. I'm Sally Bundock.
:00:45. > :00:47.Also in the programme: We'll have the latest on the massive
:00:48. > :00:54.But first, it's a trade-reliant city-state in Asia that's seen
:00:55. > :01:00.So, when Singapore releases its latest
:01:01. > :01:08.growth numbers economists take notice and today's news isn't good.
:01:09. > :01:11.Its economy grew by 2% in 2015, the slowest rate of growth
:01:12. > :01:17.The services sector is strong, but this is overshadowed by a deep
:01:18. > :01:20.contraction in the key manufacturing sector and will add to fears for the
:01:21. > :01:26.Singapore's growth was weighed down by poor global demand, low oil
:01:27. > :01:46.Tell us more about the growth prospects for the region. It is
:01:47. > :01:51.shaping up to be another year of slow growth. Just look at the
:01:52. > :01:56.weather behind me. It is dark, raining and the outlook is far from
:01:57. > :02:00.promising. You mentioned Singapore, together with several other trade
:02:01. > :02:05.reliant countries, which have been hit hard by this growth in China and
:02:06. > :02:10.a general downturn in global demand. Analysts say the deteriorating
:02:11. > :02:12.outlook might prompt central banks in the region to ease monetary
:02:13. > :02:23.policy sooner rather than later and adopt additional stimulus. The
:02:24. > :02:27.population is 6 million. Growth was mainly supported by the service
:02:28. > :02:35.sector, wholesale and retail, financial insurance. Hong Kong is
:02:36. > :02:41.also feeling the pinch. The financial secretary spoke earlier
:02:42. > :02:44.and said the economy might grow at its lowest pay since 2012 due to a
:02:45. > :02:50.slump in tourism and exports worsening. With fewer Chinese
:02:51. > :02:54.tourists shopping in Hong Kong, retailers have seen sales fall,
:02:55. > :02:58.while other prices have also dropped, leaving the economy
:02:59. > :03:02.increasingly reliant on its financial sector, while the city
:03:03. > :03:06.faces major challenges on managing its ageing population. If you put
:03:07. > :03:10.all these factors together problems are indeed mounting for many of the
:03:11. > :03:14.region's trade reliant economies. Thank you so much.
:03:15. > :03:18.The US-based chocolate maker Mars is trying to reassure
:03:19. > :03:21.its customers now, following the news of the recall of millions of
:03:22. > :03:24.chocolate bars from at least 55 countries.
:03:25. > :03:28.Bits of plastic were found in one of the products.
:03:29. > :03:35.The affected items were made in the Netherlands and include
:03:36. > :03:42.General Director Mars Netherlands explained the cause of the recall.
:03:43. > :03:48.TRANSLATION: We received a consumer complaint from Germany and we took
:03:49. > :03:51.this very seriously. We launched the investigation and found his -- it is
:03:52. > :03:55.possible plastic ended up in the product. For us quality and the
:03:56. > :03:59.consumer are paramount and we decided to take this drastic
:04:00. > :04:04.measure. It is polyethylene plastic. That's plastic which is used in the
:04:05. > :04:07.food industry. In principle it is biodegradable and can be digestive,
:04:08. > :04:09.but it is the sharpness of the product that worries us.
:04:10. > :04:12.It's been one week since the FBI won a court order
:04:13. > :04:14.forcing Apple to help investigators unlock the iPhone belonging to
:04:15. > :04:23.In that time, Apple's refusal to comply has sparked an unprecedented
:04:24. > :04:26.debate about balance between personal privacy and the needs of
:04:27. > :04:31.Our North American technology correspondent Dave Lee reports
:04:32. > :04:34.from San Francisco, where Apple supporters have taken to
:04:35. > :04:46.Support for Apple in a city like San Francisco is almost guaranteed.
:04:47. > :04:47.People believe passionately that what the FBI is doing is simply
:04:48. > :05:02.wrong. It is not just attacking our civil
:05:03. > :05:08.liberties, it is actively putting us in danger. This affects everybody.
:05:09. > :05:11.We all need to voice our opinion. It is time for the FBI to look at this
:05:12. > :05:15.intelligently and figure out the best way to do this. Demonstrations
:05:16. > :05:19.like this have been taking place all across the US today, including in
:05:20. > :05:24.Washington, DC outside the headquarters of the FBI. Apple also
:05:25. > :05:29.enjoy support from Twitter and Google and earlier this week that
:05:30. > :05:35.found -- the founder of Facebook had this to say. I don't think
:05:36. > :05:41.encryption is going to be an effective way to increase security
:05:42. > :05:43.or is the right thing to do. However, outside the technology
:05:44. > :05:48.bubble of San Francisco support is slightly higher to find. Possible
:05:49. > :05:53.presidential candidate Donald Trump has called for a boycott of Apple's
:05:54. > :05:59.products. Boycott Apple and they give that security. Boycott Apple.
:06:00. > :06:07.The new study from the pew research centres suggest the morrow -- the
:06:08. > :06:11.majority of Americans back the FBI. Apple has until Friday to submit its
:06:12. > :06:14.formal response to the court. They prefer that a special commission is
:06:15. > :06:18.set up to discuss the various heated points of view.
:06:19. > :06:21.As the UK prepares for a June referendum on whether to leave
:06:22. > :06:26.the European Union, so voters and investors are looking at what other
:06:27. > :06:30.options could be on the table if the decision is to exit the union.
:06:31. > :06:32.Norway is outside the EU but retains a unique trade agreement
:06:33. > :06:39.Allan Little reports on how the relationship works and if it's
:06:40. > :06:51.The water is the border between Sweden and Norway, the edge of the
:06:52. > :07:00.European Union. What you can drive straight across it without even
:07:01. > :07:03.noticing. Norway may not be in the EU but it is part of the Schengen
:07:04. > :07:09.area which means anyone from the EU can come and live and work here. 16%
:07:10. > :07:14.of Norway's population are migrants and they are entitled to the same
:07:15. > :07:23.welfare benefits as Norwegians. Norwegians rejected EU membership in
:07:24. > :07:29.referendums in 1972 and 1994. We heard a lot of scaremongering about
:07:30. > :07:36.losing jobs. They said we would lose 100,000 jobs by standing outside the
:07:37. > :07:39.EU, but every single day it has shown it is false. Norwegians have
:07:40. > :07:44.sought to protect their fisheries from EU competition after oil and --
:07:45. > :07:49.as after oil and gas this is the country's biggest industry. But
:07:50. > :07:53.staying out of the EU means this salmon processing company has to pay
:07:54. > :07:59.at tariff to sell its products in EU countries. You have tariffs on
:08:00. > :08:04.smoked salmon... The owner thinks that a price worth paying. I've been
:08:05. > :08:09.very constant in my belief that I think we should stay outside. It is
:08:10. > :08:16.like saying you know what you have but you don't know what you've got.
:08:17. > :08:20.Despite its global reputation, Norway is facing growing competition
:08:21. > :08:29.from Poland. Similar fish products can be made there more cheaply and
:08:30. > :08:34.sold without import tariffs. Here in Norway's parliament, political elite
:08:35. > :08:37.have tended to EU membership. Most of the laws and directives and
:08:38. > :08:42.regulations issued by Brussels get ratified by this Parliament anyway.
:08:43. > :08:46.Norway has the fall in line with the EU even though it isn't allowing
:08:47. > :08:50.room when that law is made. Politicians here call that
:08:51. > :08:57.integration without representation. We are closely integrated into the
:08:58. > :08:59.market. We have lost part of the serenity of deciding on the rules
:09:00. > :09:06.and regulation. Would it be advantages to Norway to have a seat
:09:07. > :09:12.at the table. I believe that. Norway may have stayed out that the EU has
:09:13. > :09:15.exerted its revocation will pull here and drawn the country into the
:09:16. > :09:19.orbit of European integration all the same.
:09:20. > :09:22.Brazilian authorities have charged the president of mining company
:09:23. > :09:25.Samarco and six others with homicide for the mining disaster that killed
:09:26. > :09:36.Samarco is owned by Brazil's Vale and mining giant BHP Billiton and on
:09:37. > :09:41.Tuesday police presented the first official report into the incident.
:09:42. > :09:43.The report concluded that the accident was caused
:09:44. > :09:51.by excess water in the dam, lack of proper monitoring, faulty equipment
:09:52. > :09:56.JP Morgan will set aside an additional $500 million to cover
:09:57. > :09:59.potential losses from its exposure to the oil and gas sector.
:10:00. > :10:02.The increase is more than 60% of the funds
:10:03. > :10:05.The announcement contrasts with the banks assertion
:10:06. > :10:14.in January that oil companies were "surprisingly resilient".
:10:15. > :10:17.All of the markets are lower. Have a look online for the latest on that.
:10:18. > :10:31.See you soon. Rescue teams have spent the night
:10:32. > :10:32.searching for three people who are still missing after part of the
:10:33. > :10:34.decommissioned power