:00:00. > :00:15.Those are the headlines. Here's Sally.
:00:16. > :00:19.It's been a bumpy ride for European plane maker Airbus.
:00:20. > :00:21.Analysts brace themselves for disappointing results as orders
:00:22. > :00:30.More's coming in to China from foreign investors but Chinese
:00:31. > :00:45.Welcome to World Business Report. I'm Sally Bundock.
:00:46. > :00:50.Also in the programme, we continue with our series
:00:51. > :00:56.on disability in the work place - the opportunities and challenges.
:00:57. > :00:59.But first: In less than an hour European plane maker Airbus
:01:00. > :01:02.will tell the markets how it fared last year when it
:01:03. > :01:06.It's been a tumultuous year for the company.
:01:07. > :01:09.It's been forced to accelerate last minute plane deliveries in order
:01:10. > :01:13.There's also been a slowdown in demand for jets and it's even
:01:14. > :01:20.been forced to cut production of the prestige A380 superjumbo.
:01:21. > :01:24.The A400M military transport plane has also proved a major drag,
:01:25. > :01:29.the project has been plagued by delays and technical problems.
:01:30. > :01:32.With me is Gervais Williams, managing director of Miton Asset
:01:33. > :01:41.What do you think they will say interned of how they've done in the
:01:42. > :01:45.past year? They actually delivered more planes, so there's been an
:01:46. > :01:49.overall rise in planes, but the margin will coming down, so it's a
:01:50. > :01:52.question of how much going forward they can continue to sell the old
:01:53. > :01:57.models before the new ones start coming in. How costly have the
:01:58. > :02:01.issues regarding the A400M and A380 being? They are both operating at a
:02:02. > :02:05.loss at the moment. They are still keeping the A380 going for now
:02:06. > :02:09.because they want to see if they can get new sales. But it isn't really
:02:10. > :02:14.taking off at all? No, it has had problems because not many airlines
:02:15. > :02:20.have taken it on because it is difficult to get... The overall
:02:21. > :02:23.aircraft going from different airports, which aren't that will
:02:24. > :02:28.organise to take a double-decker aircraft. What about the future
:02:29. > :02:34.orders? Is an issue with them? At the moment they are looking to get
:02:35. > :02:37.more deliveries on the A320 and A330, but at the moment they have
:02:38. > :02:41.more models coming in, so they have to work on selling the old model
:02:42. > :02:45.before the new ones arrive and not many airlines will buy the old
:02:46. > :02:49.model. So to get rid of the old models they have to reduce the price
:02:50. > :02:52.or have some sort of incentive there? That's right. You taking a
:02:53. > :02:56.margin hit to get the sales at the moment, but next year in 2018 when
:02:57. > :02:59.the new models come on, at that stage there will be a strong
:03:00. > :03:02.recovery. Presumably they are boosted by the currency scenario, in
:03:03. > :03:08.the way that rolling its archrival isn't so much? Yes, Boeing is
:03:09. > :03:13.selling well. There's been a strengthening of the dollar versus
:03:14. > :03:16.the euro, so does help. Although these things do fluctuate and
:03:17. > :03:20.sometimes the dollar comes back and you will rise and it could work the
:03:21. > :03:24.other way. All right, thank you very much indeed. The results will be
:03:25. > :03:30.coming out from Airbus and we are expecting them in about 25 minutes.
:03:31. > :03:32.Gervais will stick around to give us further analysis of the numbers when
:03:33. > :03:33.we get them. Invesment flowing in to China
:03:34. > :03:50.is on the up, but Chinese investment What's going on? Global acquisitions
:03:51. > :03:56.by Chinese buyers have slowed significantly after two record
:03:57. > :04:01.years. Outbound deals had dropped to 8.5 Indian dollars US, down by 40%.
:04:02. > :04:04.That's because activity has been curtailed because of the new capital
:04:05. > :04:11.controls imposed by Chinese authorities. There's also been
:04:12. > :04:18.pushed back from overseas due to various concerns. For example,
:04:19. > :04:22.several deals in Australia, like the purchase of the station and energy
:04:23. > :04:27.grid, were abandoned. There are a few deals in Germany falling by the
:04:28. > :04:32.wayside. But deals China are on the price. More $7 billion has been
:04:33. > :04:38.invested in the mainland so far this year and that nearly double the same
:04:39. > :04:43.period last year. So we have deals in retail and some staples
:04:44. > :04:47.accounting for nearly half of those. That outdoes real estate and
:04:48. > :04:51.financial deals. Beijing has long been trying to rebalance the economy
:04:52. > :04:55.away from infrastructure. Heavy industries and export led growth and
:04:56. > :05:01.towards domestic consumption. That's why we are now seeing this move
:05:02. > :05:04.towards more investments into China, rather than outside of China. Sally.
:05:05. > :05:06.Thanks very much. Good to see you. Hong Kong's former leader,
:05:07. > :05:10.Donald Tsang, has been sentenced to 20 months in prison for
:05:11. > :05:14.misconduct while in public office. Mr Tsang was accused of accepting
:05:15. > :05:18.free renovations to a luxury apartment in China from a property
:05:19. > :05:21.company, in return for awarding Yahoo has agreed to cut $350 million
:05:22. > :05:31.off its original asking price in the sale of its internet
:05:32. > :05:35.business to US telecoms giant The new deal comes after two huge
:05:36. > :05:40.cyber attacks at Yahoo ending months of uncertainty over the agreement,
:05:41. > :05:43.now worth $4.5 billion. The world's largest retailer has
:05:44. > :05:48.seen a boost in sales. Wal-Mart has reported profits
:05:49. > :05:51.rising one point 8%, -- 1.8% higher than
:05:52. > :05:55.investors were expecting. An increase in online sales
:05:56. > :06:00.and a higher number of customers going to their stores lifted
:06:01. > :06:03.profits, leading to the tenth straight quarter of
:06:04. > :06:06.comparable sales growth. British businesses could be losing
:06:07. > :06:09.out on a potential ?420 million a week by failing to target
:06:10. > :06:20.disabled consumers. Sophie Morgan designed
:06:21. > :06:22.the Mannequal, a wheelchair for mannequins that is both a style
:06:23. > :06:25.guide for wheelchair users I had a car crash when I was 18 and
:06:26. > :06:51.that's why I now use a wheelchair. I thought about the wheelchair as a
:06:52. > :06:54.symbol of disability and that really became a reference point and I just
:06:55. > :06:59.drew lots of different types of chairs. That's when I decided that
:07:00. > :07:04.that was the product I wanted to develop.
:07:05. > :07:11.The Mannequal is more than just a wheelchair in a window, with a
:07:12. > :07:15.mannequin on it. For me it is first and foremost a symbol of inclusivity
:07:16. > :07:19.and a sign that the shop that is putting that chair in its window is
:07:20. > :07:24.saying, people with disabilities are welcome here. We've considered them
:07:25. > :07:27.and we know what their needs are. I was successful in getting it into a
:07:28. > :07:33.couple of retailers on the high street.
:07:34. > :07:40.I had three chairs in a high-street shop on Oxford Street in London I
:07:41. > :07:44.was so over the moon. But the minute the Games finished it was taken out
:07:45. > :07:48.and I was shocked. Does that mean there are no disabled people in
:07:49. > :08:00.Ebor? What's going on. I was really disheartened. -- people any more?
:08:01. > :08:07.The challenge for me really is to prove that there is not only a
:08:08. > :08:12.reason to do this from a sort of socially responsible position, there
:08:13. > :08:16.is also a value in doing this because you're going to open up your
:08:17. > :08:22.business to an enormous demographic of people. We have a spending power.
:08:23. > :08:28.People know that there needs to be better representation. You see it
:08:29. > :08:34.with plus size models, you see it with models of different colour and
:08:35. > :08:40.size and so why... Way isn't the disabled body represented at all?
:08:41. > :08:46.That needs to happen yesterday. My challenge is to not only get them by
:08:47. > :08:51.the heart but also the mind and show them by the wallet, more likely,
:08:52. > :08:55.that they can make money by communicating with not only me as a
:08:56. > :08:59.disabled person but my family and you get that grand loyalty that
:09:00. > :09:02.comes from it. But also it's a good thing to do a bit helps people who
:09:03. > :09:05.have disabilities feel more welcome and included.
:09:06. > :09:13.We have so many stories with our special coverage this week on the
:09:14. > :09:17.issue of disability works, how businesses are dealing with it. Take
:09:18. > :09:24.a look at our website. Also on Twitter, use the hashtag
:09:25. > :09:27.disabilityworks. Looking at the markets, another record close last
:09:28. > :09:32.night for the United States and that's partly fuelled by Walmart and
:09:33. > :09:37.home Depo coming in with earnings better than expected, which is
:09:38. > :09:41.fuelling optimism that the US consumer is out there in for
:09:42. > :09:46.spending, which will boost growth in the economy. That helped sentiment
:09:47. > :09:49.in Asia today as well, with just about everybody headed upwards,
:09:50. > :09:52.apart from Japan, which is down slightly because the Japanese yen
:09:53. > :09:58.has strengthened in the past few hours compared to the US dollar. A
:09:59. > :10:02.record close again for the S 500. See you soon.