Financial and manufacturing sectors, but will it be enough to shore up the worlds second biggest economy . Markets in europe have been trading for half an hour. A very flat and lacklustre session. We will tell you why. And you are what you eat. Well be talking to one business founder who says its all about having a raw, gluten free diet. The uks biggest gambling firms have agreed to do more to help addicts. Today we want to know to what extent is the industry responsible for helping those who need it . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. Just days after reaching a truce with china, washington has increased the pressure on europe as part of a long running dispute over aircraft subsidies. Its threatening tariffs on another 4 billion of eu goods including olives, Italian Cheese and scotch whisky. This news comes as eu leaders meet later today to try and break the deadlock over who should get the topjobs including the next European Commission president. As well as its tariff threats from the us the bloc is facing big challenges including a stand off with italy over its budget. Italy currently owes more than 2. 5 trillion as the government spends more than it earns. On the positive side, unemployment across the eurozone has fallen to its lowest level in a decade but eu growth forecasts have been cut amid worries over global trade tensions. Im joined by lorenzo cordogno, London School of economics and political science. Thank you forjoining us. We will talk about the trade tensions ratcheting up in a second but it is such an important week for europe this week isnt it, back at work and there is a lot on the agenda . Absolutely, today we will see whether the leaders will strike a deal on the top positions in europe. But certainly the situation is much more complicated today than in the past. In the past, we used to have a deal between france and germany. And the Popular Party and the social democrats on the other hand. Now the situation is much more complex. We have four Political Parties in europe, different groupings of countries so coming up with a deal is even more difficult than in the past. Italy very much a flash point as well . Italy is slightly unusual alliance. Things are changing, the geography of politics in europe is changing andi geography of politics in europe is changing and i think it might be in an unexpected direction, so to speak. And as the change in the Political Landscape in europe continues, the pressure from the United States is increasing, isnt it . That is the other issue. We have seenin it . That is the other issue. We have seen in the past mr trump likes to strike first and then try to negotiate. This time he is doing the same. Is that going to work with the European Union . I am not sure. But it has worked with china and other countries. We will see. I am concerned because it looks like the timing is about october and october this year we have many other important events in europe. So it is a sort of quadruple witching hour, if you wish. We have the halloween brexit, the italian budget, we have the changes in the terms from the ecb and we also have sanctions from the us. It is going to be a very busy october. Many people wonder about the lack of consensus, will that be a problem in dealing with the us . I think it is going to be a problem. Europe is more fragmented today than in the past. So finding a common, united fronts relating to the us might be more difficult than we are used to seeing. Lorenzo, we will get you back in october then, shall we . Thank you very much. Lets take a look at some of the other stories making the news. Chinas premier has pledged that the country will further open up to foreign investors. Li keqiang says limits on Foreign Ownership in its Financial Sector will end in 2020 a year earlier than scheduled. China will also open up its manufacturing and automotive sectors. Opec has confirmed that its members will extend their production cuts to try and support prices. This means the cuts in production of overi Million Barrels per day that were first agreed at the end of 2016 will now be extended until the end of march next year. Investment guru Warren Buffett says hes donated 3. 6 billion worth of stock in his Company Berkshire hathaway, to the bill and Melinda Gates foundation and four other charities. The 88 year old billionaire intends to donate all his berkshire shares to charity through annual gifts. Hong kong riot police have regained control of the citys Legislative Council building. It comes as protests have intensified over an extradition bill amid fears by demonstrators that the Asian Financial hub is being drawn closer in to china. Our Asia Business correspondent Karishma Vaswani joins us now from hong kong. The worry is the worsening political crisis will have a knock on impact on hong kong as the way it is seen asa on hong kong as the way it is seen as a Global Business hub . Yes, certainly that was the fear of the Business Community in advance of that extradition bill when the government announced they were going to push through with it. You heard from lobby groups amongst big businesses here saying it would risk the credibility of hong kong. When the credibility of hong kong. When the bill was suspended there was a sigh of relief from Business People here. It was the protests yesterday i think that might be concerning for them again. I am standing in front of the Legislative Council building which was ransacked overnight by protesters. Today the scene in hong kong is an operation of clean up. People have been here picking up the broken glass and all of the debris from the violence last night. Certainly, there is a sense that this is a city that can soldier on after what we saw last night. In fa ct, after what we saw last night. In fact, no signs of that concern on the stock market today. We saw shares closing about i the stock market today. We saw shares closing about 1 higher on the back of some sense of relief that hong kong is getting back to normal but also of course, ongoing relief over the us china trade war worries. 0k, thank you very much. Lets have a look at the markets. Hong kong closing i. 2 lets have a look at the markets. Hong kong closing 1. 2 higher because it is the first time it has traded this week it was a Public Holiday yesterday for these markets. Reacting largely that the news from President Trump and president xi had some good talks over the weekend and are we talking about a traitorous . That is a positive sentiment. Lets look at the next board because europe is trading now. Ryanair shares up 2. 4 . The wells biggest low cost carrier saying its monthly passenger numbers are up 13 in june. Another big mover is a Company CalledFunding Circle a peer to peer lender, listed in london. It shares down saying its revenues will be half of what they previously expected because of the uncertain economic outlook. What is happening on wall street . And Michelle Fleury has the details of whats ahead on wall street today. Has the relief rally got legs . On monday, the s p 500 finished at a record high, thanks to a thaw in us china trade relations. This of course was after donald trump revived china talks with a tariff truce. He is also relaxing the ban on us firms selling to huawei, chinas Largest Telecommunications company. That helped lift semiconductor stocks, who are most likely to benefit from that decision. This tuesday, keep an eye on the price of oil after opec and other Major Oil Producers agreed to extend crude Oil Production cuts for another nine months. The goal is to Keep Oil Prices from falling as concerns grow about global demand. And given those lingering doubts about global demand, there doesnt seem to be much conviction behind wall streets trade fuelled rally. While economists continue to speculate about the health of the us economy, the countrys car industry will be in the spotlight when auto makers reportjune sales figures later this tuesday. Joining us is rebecca mcvittie, investment director at fidelity international. Welcome to the programme. Lets talk about asian markets. To be honest, there is a feeling of caution right now, because we have so many things going on, trade tariffs back between the us and china and these protests in hong kong . One of the things we have seen overnight is the asian markets have been more cautious. There have been discussions between the us and china over the weekend said the chinese domestic market has been weak and the korean market wea ker been weak and the korean market weaker overnight. When you look at the manufacturing data we are getting from different parts of the world, it is not painting the best picture . The issue is when we talk about the tariff topic and data around manufacturing it is leading to the view that Economic Growth is weakening globally. Uk data and us data has been weak and it sends a sign to the markets that they should be more cautious. It is a funny time of year because it isjuly be more cautious. It is a funny time of year because it is july and be more cautious. It is a funny time of year because it isjuly and we are out of a quiet period and not a massive amount of Corporate News out there for investors to get their bearings . When you think about potential drivers of markets, it is either geopolitics or potentially deferred. What is interesting at this juncture is whether the job search data we see in the week will have any influence on whether the discussions over the weekend will shift those expectations from a us Interest Rate perspective. That will probably send a signal to the markets as well. Thank you for now and thatjob markets as well. Thank you for now and that job data markets as well. Thank you for now and thatjob data is coming out of the us on friday. That is on the agenda later this week as far as the markets will be concerned. Still to come. You are what you eat. No hope for me then. I am not going to go there and i will not tell you what she had for breakfast. We are talking about a war on gluten free diet. You are watching bbc live from bbc news. British house price growth remained weak injune as uncertainty about brexit hung over the market. Thats according to the Mortgage Lender nationwide. House prices have increased by 0. 5 compared with a year ago slowing slightly after a 0. 6 rise in may. The Housing Market has been very much in focus today. We arejoined now by robert gardener, nationwides chief economist. Iam i am told we havent got him to talk to at this point so lets look at what is going on on the website. We are asking for your opinion on the story, the gambling industry are going to help gambling addicts. They wa nt to going to help gambling addicts. They want to throw money at the problem of addicted gamblers. If you go to our business pages on the website, you can go to that story, there it is. Gambling firms pledging £60 million. The doing this is william hill, ladbrokes, coral, paddy power, betfair, sky bet and bet365. This is after a lot of criticism about the gambling industry and how easy it is for people, young people in particular to be addicted. We have been asking you for your opinions and we have had one person saying, we asked you to tell us if you thought Gambling Companies were to blame and be responsible for helping gamblers. Simon says, if you compare betting to smoking, you have had this wrong. Football kits have had this wrong. Football kits have had alcohol adverts on them for yea rs. Also, someone says as a bar you cannot serve patrons patrons who are overly intoxicated, betting places should not serve known gamblers. We have peterjackson from flutter entertainment, the company that holds paddy power and betfair. He said this holds an unprecedented level of commitment and collaboration by the leading companies in the uk that you betting and gambling. The question is though, whether this move, which is obviously a voluntary move on the pa rt obviously a voluntary move on the part of the industry is enough to really counter the criticism that is coming from mps and charities about the problem. One more tweet, no response, they are adults and responsible for their own actions. Keep your tweets coming in on bbc news. Yourre watching business live our top story just days after reaching a truce with china washington increased the pressure on europe as part of a long running dispute over air subsidies. It is threatening tariffs on another 4 billion of eu goods including olives, Italian Cheese and scotch whisky. Sounds like a nice time. As the old adage goes you are what you eat. And the idea of a eating raw food diet is gaining in popularity. Many claim there are health and enviromental benefits and as the name implies, a raw food diet shuns foods that have been cooked. This excludes many common staples, such as flour, sugar, beans and cooked meat. This leaves fruits, raw vegetables, nuts and seeds. One business specialising in the trend for raw Food Products is cru8. The founder of cru8, alexi von eldik, is with us now. She has some examples of what you can buy from cru8 right now. Welcome to the programme, why did you start this company . I started this company for my own health. Ultimately to help many more people. My was prediabetic and overweight and depressed. I was inspired to add a huge amount more goodness into my diet, raw foods and found that i had a huge amount of energy from eating much more healthy, more greens. I lost weight and came out of pre diabetes. It is quite amazing andi pre diabetes. It is quite amazing and i wanted people to know about this. Food affects everything, every pa rt this. Food affects everything, every part of your being. Explain exactly what happens to food when you cook it, why is it better to eat food raw . Basically when you cook food over a certain degree, the enzymes in the food are annihilated. You need those enzymes for digestion and to extra ct need those enzymes for digestion and to extract all the nutrition within the food you are eating. You are not calling on people to only eat raw food presumably, you are asking people to increase their intake of raw food . Exactly. You can look at that none of that looks raw to me. These are Old Fashioned macaroons, coconut based. They are low temperature dried coconut based. They are low temperatu re dried and coconut based. They are low temperature dried and we have crackers and kale crisps. The nutritional value is still intact because they are low temperature dried. Where can you get hold of these . We launch in selfridges in january and in as nature intended and re vital. Do you think these are becoming so ingrained in society, more of us are turning to them and more of us are turning to them and more demand for this sort of thing . Demand has increased multifold. It is not just a demand has increased multifold. It is notjust a fad, i think it will be mainstream. If it is going to be mainstream, surely it needs to be more affordable because those products there are quite expensive and therefore they are in selfridges and whole foods. But we have a real issue with Childhood Obesity in the uk and the us and other countries. If you can get a happy mealfrom other countries. If you can get a happy meal from mcdonalds for less than a fiver. He flinched the fast foods and the food is deemed to be not healthy that lead to obesity, diabetes, are so affordable. Be not healthy that lead to obesity, diabetes, are so affordablelj ee, diabetes, are so affordable. agree, it is unfortunate and the Food Industry has a lot to answer for and that is another topic. I think eating really well, you can eat well on a lower budget by eating vegetables. They are not expensive. And by not cooking them . Exactly. We are talking convenience and organic. It is an investment in your health and that is worth it. At the moment, what are your plans in terms of expansion, are you thinking about europe and the us . Our main focus now is a wider distribution in the uk through the higher end supermarkets. We will be looking at europe and the us is a major market. How are those markets compared to the uk . The us market is much bigger but our focus is the uk the uk . The us market is much bigger but ourfocus is the uk right the uk . The us market is much bigger but our focus is the uk right now. How did you do this because some of these items sound so clever, the way they are made and put together. You describe yourself as a foodie, but being a foodie that is prediabetic and running a country and having company and having product like this for sale is a huge leap . company and having product like this for sale is a huge leap . I couldnt find anything i enjoyed eating and gluten free has a Bad Reputation for tasting like cardboard. I wanted to create a product that tasted delicious but was gluten free and dairy free and had the health benefits. It was trial and error. Having a good palate, i suppose also helps. It does, absolutely. Thank you forjoining us. Best of luck with the business. Thank you so much. Ever since his first Independence Day speech in 2014, Prime MinisterNarendra Modi has championed his Digital India vision including a flagship policy to get every village in the country online. But that project has fallen well behind schedule, and costs are mounting up. The hundreds of millions of indians who are yet to have access to high Speed Internet will be hoping for more support from mr modis new administration this week, as it presents its first annual budget. Joe miller reports from haryana. This village isjust this village is just 80 kilometres from delhi. Visitors from big cities seldom make the trip. But residents are no longer completely isolated. They have access to high Speed Broadband thanks to an ambitious government plan to bring fibre optic ca bles to government plan to bring fibre optic cables to every community in india. Translation now people dont need to go to the city to get their work done. They can look forjobs, dude their paperwork and passport applications at the same time. Locals can consult doctors online while kids from nearby schools brush up while kids from nearby schools brush up on their general knowledge. About half of indias 250,000 village clusters have access to high Speed Broadband and even fewer of them have facilities like this one. And with india increasingly becoming a cashless and paperless society, many are in danger of being left behind. Just down the road, men and children alike take shelter from the heat. The internet, they say, hasnt decreased the divide between them and those living in cities. Translation we just want to tell the government we want water, electricity, hospitals and a good education for our kids. The woman in charge of indias Rural Broadband scheme admits it has been a hard sell sometimes. Telecom infrastructure is invisible and under the ground. While they are keen to have roads, they are keen to have water supply projects, they are keen to have buildings. But when it comes to telecom, they dont really see what is in it for them. That is changing in india. Affordable smartphones and relatively cheap mobile data are helping to drive that change. But with urban users consuming gigabytes worth of online content each month, villages like this will need more help to keep up to speed. Joe miller, bbc news, india. Rebecca is back to talk about some of the top stories. Gambling firms are pledging £60 million to help gambling addicts in this country. We have asked viewers at home how responsible do you think gambling firms are for addiction . There are clear signs that more responsibility could be taken and what we see is a trend, whether it is alcohol, tobacco and some of the online businesses, social media, to ta ke online businesses, social media, to take more responsibility for young people. Whilst gambling is isolated in these particular articles, it seems very much in line with what we seems very much in line with what we see across other industries. So many people tweeting. Someone says, one of the top bosses in the gambling firms got paid £266 million last year and the gambling industry is going to commit 60 million, one fifth of the salary. Someone else says, we either have an addictive personality or we dont. If it is not one thing, it will be another. Where does responsibility lie . When you see these announcements, you know they are trying to fend off regulation from elsewhere or policing from elsewhere . Regulation from elsewhere or policing from elsewhere . regulation from elsewhere or policing from elsewhere . I think regulation and investor pressure, that environmental and social governance issues havent become more prevalence. This is the direction in which we are moving so it is not surprising to see companies under pressure in this manner. Lets talk about the story in the Financial Times about the pharmaceutical industry. It says patented panic gives green light to farmer deals . There is always a deal being done 01 in the offing it would seem in this industry . This year, if you look at activity this year it has been amongst the highest level since 2014. One of the issues is patent is running out on these businesses need a blockbuster seller so they are looking for ways to expand topline growth and this is one of the ways in which they think they can achieve that. Yes, mergers and acquisitions. The other thing as well as the cost for the research and development to get the new big blockbuster. It costs so much and when the generic patents expire and generic drugs come in, that is when they lose the money they have been making. Research and development suffers but if you look at the history of these deals, very often the acquisitions havent led to the kind of synergies people were expecting and because these Companies Operate across so many countries, they can be incredibly complex deals to execute. Rebecca, so lovely to have you on, thank you. Thats it from business live today. Well see you again tomorrow. Good morning. It has been a chilly start to the day, but todays weather is going to be a typical summers day. We have some sunny spells and it will stay dry for many of us. I say many because there are a few showers across scotland and Northern Ireland with over north westerly wind but High Pressure is in charge of the weather at the moment. Extending its influence across the uk, keeping many of us pretty settled. We start off this morning with a bit of sunshine. Cloud will build up as the day goes on. If you started with a bit of cloud across eastern areas, you will notice that will break up to give some sunshine. Showers generally clearing from scotland and Northern Ireland so dry here this afternoon. Chilly in the far north west but otherwise temperature is about 18 to 21 degrees. Around about the average for the time of year. A fine day ahead at wimbledon, just varying cloud and those temperatures getting up to 20 or 21 celsius. Through this evening and tonight, not a great deal of change, there will be clear spells and that means temperatures will once again drop down into some fairly low figures into tomorrow morning, particularly around the countryside. Generally temperatures staying at nine to 14 degrees. Throughout wednesday, there will be lots of sunshine throughout the day, some cloud building up as the day goes on. Thick cloud i think for scotland and with that more persistent showery rain moving its way into the far north. Temperatures about 17 to 21 degrees. On into thursday, things will remain fairly similar. We have this area of High Pressure extending its influence but this weather system in the far north, edging its way further south across scotland. Giving more persistent rain and that rain could be heavy in the west of scotla nd rain could be heavy in the west of scotland during thursday, 25 to 30 millimetres of rain. More cloud for Northern Ireland and the far north of england. Further south, Northern Ireland and the far north of england. Furthersouth, lots Northern Ireland and the far north of england. Further south, lots of sunshine throughout thursday and temperatures getting a little bit higher up to 24,20 5 degrees in the south and further north is temperatures about 17 to 19. For the rest of the week, we will see a bit of rain moving southwards during friday, but that will fizzle out quite quickly for most of us it will be dry as we go through the weekend. Once again there will be some sunny spells and those temperatures in the high teens to low 20s. Goodbye. Youre watching bbc news at nine with me, annita mcveigh. The headlines an investigation is launched after a man suspected to be a stowaway falls to his death from a Kenya Airways flight bound for heathrow into a garden in south london. China condemns pro democracy demonstrators who stormed and vandalised hong kongs Parliament Building yesterday. Boris johnson and jeremy hunt will make their pitch to be the next Prime Minister to conservative Party Members in Northern Ireland. The bbcs annual report which reveals the salaries of highly paid on air staff is published later this morning. Specialists warn that millions of people are putting their sight at risk by continuing to smoke