:00:00. > :00:16.Now for the latest financial news and World Business Report.
:00:17. > :00:20.Europe holds emergency talks on making its airports safer -
:00:21. > :00:24.amid growing concern from the travel business.
:00:25. > :00:26.Plus - fighting for the 35 hour week.
:00:27. > :00:36.France braced for more protests over reforms to the country's labour laws
:00:37. > :00:41.Also in the programme China's second largest
:00:42. > :00:44.steel producer says its upping production this year even though
:00:45. > :00:53.We start with the travel industry and growing concerns
:00:54. > :00:58.Later today officials from all over the region will hold
:00:59. > :01:00.an emergency meeting in Amsterdam to assess whether security can be
:01:01. > :01:06.It follows the Brussels terror attacks last week, as well
:01:07. > :01:14.as the hijacking of an Egyptian airliner on TuesdayIt's a major task
:01:15. > :01:17.as the hijacking of an Egyptian airliner on Tuesday. It's a major
:01:18. > :01:19.- the European Commission's Aviation Security committee will be
:01:20. > :01:26.It's thought talks will focus on the departure halls - the areas
:01:27. > :01:28.people enter before going through security checks to the "air side."
:01:29. > :01:31.That was where two bombs were set off at Brussels Zaventem airport
:01:32. > :01:34.last week Some security analysts have asked whether Europe needs to
:01:35. > :01:37.follow the lead of countries like Russia and Turkey - where passengers
:01:38. > :01:42.are often screened before they even enter the airport building.
:01:43. > :01:45.Some in the travel industry though are concerned this could have
:01:46. > :01:50.a huge impact in terms of delays at Europe's busiest airports.
:01:51. > :01:53.And they question how effective it would be anyway.
:01:54. > :02:01.He's what travel journalist Simon Calder had to say.
:02:02. > :02:11.ACI Europe which represents the airports said do not do this. You
:02:12. > :02:18.will just move the Roblin elsewhere. If the airports want to avoid having
:02:19. > :02:19.rules imposed by politicians, then they are going to have to do
:02:20. > :02:21.something smarter. Alan Bowen is from AGB Associates -
:02:22. > :02:36.which provides legal advice to Good morning. A lot of discussion
:02:37. > :02:41.has been in the public arena since the events in Brussels and then what
:02:42. > :02:47.happened this week with the landing of the aircraft in Cyprus. I think
:02:48. > :02:52.the hijacking this week has caused a great deal of concern. How did the
:02:53. > :02:56.passenger get on-board with something that looks like a bomb and
:02:57. > :03:06.how did he get access to the cockpit. What is likely to be the
:03:07. > :03:11.outcome of these discussions? I think the real issue is the issue of
:03:12. > :03:17.intelligence. We will see more sharing of intelligence. They are
:03:18. > :03:24.proposals of directives for airlines to pass on information. We are
:03:25. > :03:29.hopeful that will get past in the next couple of months. The big issue
:03:30. > :03:36.is whether we make changes in the airports themselves. The explosions
:03:37. > :03:45.in Brussels to place landside, with people who have note ticket. That
:03:46. > :03:48.would mean putting in cheques at the front door and that could be an
:03:49. > :03:55.issue and many apples have combined transport hubs. Heathrow have lines
:03:56. > :04:02.that go directly from the platform to the terminal. They would have to
:04:03. > :04:09.be major structural changes to ensure 100% security. Is it likely
:04:10. > :04:15.to be a Europewide direct on how airports operate all will it be up
:04:16. > :04:18.to national governments? I do not believe it is an issue that should
:04:19. > :04:24.be imposed from Brussels or Amsterdam. However a look at what is
:04:25. > :04:31.best practice and how those who are not reaching the standards can
:04:32. > :04:36.perhaps be assisted. What do you think is the best thing to do was
:04:37. > :04:40.make is it practical to screen everyone as they walked through the
:04:41. > :04:46.door? At the moment the answer is no. In Tel Aviv they do that now but
:04:47. > :04:50.you have to be there at least three hours before departure is and the
:04:51. > :04:56.interrogation can take ten minutes to an hour per person. Heathrow had
:04:57. > :05:03.2500 people travelling in a couple of days, -- 25,000. You cannot do
:05:04. > :05:08.that. You need to find a balance between security and convenience.
:05:09. > :05:11.Just to say, when we get any news out of the meeting in Amsterdam, we
:05:12. > :05:13.will keep you across that. We're also in France
:05:14. > :05:15.which is braced for more strikes and protests today over proposed reforms
:05:16. > :05:18.to the country's labour laws. The Government wants an end to
:05:19. > :05:23.the rigid 35 hour working week - the shortest in any European
:05:24. > :05:26.country - which it says is helping These were the scenes last week
:05:27. > :05:34.when the Cabinet agreed to the reforms, which now have to go
:05:35. > :05:36.before parliament. Bosses would be able to ask staff to
:05:37. > :05:39.work 48 hours in a week, or even 60 in special circumstances
:05:40. > :05:43.- but only if they still average 35 Today's action looks set to cause
:05:44. > :05:50.disruption to public services, public transport and even TV
:05:51. > :05:53.services around the country. Here's our correspondent in
:05:54. > :06:08.Paris Hugh Schofield. Today is the real big test for the
:06:09. > :06:11.French Labour law. The unions have promised a big turnout on the street
:06:12. > :06:15.and if they can bring the numbers out, they still have a chance to put
:06:16. > :06:20.pressure on the government to change the text yet again. That's not
:06:21. > :06:25.forget, the government has already substantially watered down this
:06:26. > :06:29.deal. The aim of the reform to the Labour code was to make it easier,
:06:30. > :06:34.less scary for companies to take on staff and at the beginning, business
:06:35. > :06:39.was very much in favour but since then, the government has removed a
:06:40. > :06:43.lot of the key provisions which has angered business without
:06:44. > :06:49.particularly satisfying the left and the union who want the whole thing
:06:50. > :06:56.scrapped. When you reminders are coming in as to how desperate front
:06:57. > :07:00.needs reform. Unemployment figures show there are 3.6 million people -
:07:01. > :07:05.a record - out of work. Other countries have the same problems.
:07:06. > :07:08.Other countries are bringing down unemployment. Not France.
:07:09. > :07:11.Let's go to Asia now where there is news of plunging profits
:07:12. > :07:15.and falling prices in China's huge steel industry.
:07:16. > :07:20.Ali Moore is following it for us in our Singapore office.
:07:21. > :07:23.Ali, this is very relevant in terms of what's happening to
:07:24. > :07:41.China is constantly accused of causing disruption worldwide. It is
:07:42. > :07:46.very relevant and very much the backdrop of what is happening in UK.
:07:47. > :07:56.Chill announcements today - -- two announcements. They are finding it
:07:57. > :08:02.very tough. At the same time, they have been forecasting total steel
:08:03. > :08:09.production by 20%, even though prices are going to stay low. China
:08:10. > :08:14.is pumping up rather even though they are not getting the return and
:08:15. > :08:20.the UK is feeling that with Tata Steel's decision. This is the group
:08:21. > :08:28.Chief executive talking about how conditions have changed. In the last
:08:29. > :08:33.few years, we had significant oil capacity out of China which has
:08:34. > :08:39.flooded the market so the dynamics of the steel industry globally has
:08:40. > :08:44.changed significantly compared to the time of acquisition. The Chinese
:08:45. > :08:49.government is aiming to shut around 150 million tons of capacity but
:08:50. > :08:56.right now, this is a very crowded market. Too much supply and to few
:08:57. > :09:08.buyers. Let's quickly show you financial markets... We come to the
:09:09. > :09:13.end of the first quarter of 2016. What a three months it has been.
:09:14. > :09:20.Japan is up just slightly. We have about 20 minutes trade to go but
:09:21. > :09:31.having said that the clocks changed so I could be wrong, apologies for
:09:32. > :09:35.those watching in Japan. The yen is still pretty strong. Good to see
:09:36. > :09:40.Japan keeping its head above water. All these markets have been buoyed
:09:41. > :09:46.still by the comments we had from Janet Yellen earlier this week. We
:09:47. > :09:50.will discuss that in a bit more detail in a few moments.