in a moment we'll be live in brussels for analysis on this. but also we must mention the fate of two major european agencies will be decided on today. the european medicines agency and european banking authority currently reside in london — which will no longer be part of the eu from the end of march 2019. the 27 member states will vote later on which cities will become their new homes. joe lynam has more. iam hoping i am hoping to be able to speak to him injusta i am hoping to be able to speak to him injust a moment. i am hoping to be able to speak to him injusta moment. he i am hoping to be able to speak to him injust a moment. he is i am hoping to be able to speak to him injusta moment. he isjoining us him injusta moment. he isjoining us from brussels. here he is. peter, good to see you. let's start with the situation in the brexit negotiations in germany. your thoughts on the outcome of the coalition talks? they are collapsing and as we have been hearing earlier, there is a real concern about what there is a real concern about what the outlook is for germany. indeed, it looks like germany isn't as solid as what it looks like in terms of politics and of course the key reason for that is angela merkel‘s decision in 2015 which has unleashed a lot of criticism and really destabilised german politics with the immersion of right—wing populist into the bundestag. what we basically see if the centre—right liberal sdp is not willing to form a coalition with the greens the coast they have hardened their stance on asylu m they have hardened their stance on asylum and refugees and angela merkel is basically not willing to do that. she wants to include the greens so for now, it is very early days, we have to see if it will return to the negotiating table. i won't be surprised if that somehow happens. but one option could be a minority government between angela merkel and the greens but then again, that the problem that merkel‘s bavarian allies who also wa nt merkel‘s bavarian allies who also want a more right—wing refugee policy, might not be willing to do that so there is even the possibility that we will see merkel basically leaving german politics because her person makes it impossible to include a coalition. well, mexit is not something i have heard before. talk through what that would mean for the eurozone, going forward. without the strength and leadership of angela merkel. and also, the brexit negotiations.” don't think we should dramatise it. all in all, there is a consensus. even in germany, how these negotiations need to be conducted is important. i think even a ——i think even a caretaker german government needs to make some pretty obvious decisions. it is not clear how any other german government would have materially different stance on brexit. with regards to the eurozone, indeed a german caretaker government cannot decide what the french president emmanuel macron has decided which is to concentrate more money and power at the central level in the eurozone. you know what? even if there is a coalition german government, even from the ce ntre—left, government, even from the centre—left, i don't think they would be happy if it was just decided like that but there will be more transfers in the eurozone, it will most likely be because of the fa ct will most likely be because of the fact that they are back at the edge ofa fact that they are back at the edge of a cliff again. that's only when these decisions are being made and i don't think these decisions are very sustainable because they always provoke anger. the countries that are obliged to accent the conditions to the payment are not happy either. this is why politicians only grudgingly decide them. don't expect these big eurozone reforms to come any time soon. for now, thank you the from the think tank in brussels. of course, this is a story we will discuss in the news briefing. it is all over the media today. some other stories today in business. japan's exports rose for the 11th consecutive month in october on robust shipments of automobile and electronic parts. let's go to our asia business hub where shara njit leyl is following the story. nice to see you, sharanjit leyl full is not it would seem that this is the backbone of japan's export market. electronics and cars. that's right, sally. it is also the risk global demand that is leading to that growth. it is the cars, the electronics, that has led to the uptick in exports forjapan. also imports grew with oil. we saw exports rise in 14% in october imports grew with oil. we saw exports rise in 14% in 0ctoberfrom the previous year and imports were up the previous year and imports were up nearly 19% from last year. it was really things like, looking at the breakdown of shipments of cars to australia, liquid crystal device production equipment and plastics to china, that led to the gain in exports and crucially, shipments to china, in fact, exports and crucially, shipments to china, infact, the exports and crucially, shipments to china, in fact, the largest trading partner, rose 26% in october from last year to well over y1 trillion which was the highest value on record. really, all of this robust growth has led to gains for other regions in the economy because thailand's data came out today and it was also growing faster in the july- it was also growing faster in the july— september quarter which was its highest rate it has grown in 11.5 yea rs its highest rate it has grown in 11.5 years and that is due to more exports and tourism arrivals. generally, this pickup in global growth is benefiting economies in this region. to see you. -- good to see you. now let's brief you some other business stories. japanese automaker honda is recalling 900,000 units of this model — the odyssey minivan, due to reports of injuries blamed on faulty seats. it is just the latest japanese manufacturer to find itself facing quality—control issues. toshiba board members have approved a plan to raise more than $5 billion from a sale of new shares. it's a key step that would allow the troubled conglomerate to remain a publicly traded company even if the sale of its chip unit is delayed. toshiba needs to raise almost $7 billion by the end of march to plug a balance sheet hole left by its bankrupt u.s. nuclear power business. if they don't, the multinational conglomerate will be delisted from the tokyo stock exchange. a career in gaming would once have been unthinkable in asia. but e—sports is slowly gaining recognition and will even be included as a medal sport at the asian games in 2022. and with the global e—sports market forecast to hit $1.5 billion within three years, singapore wants to help train new gamers to go professional. if they make it, champions can win huge prizes worth millions of dollars. i see iseea i see a lot of traditional gamers and how they work as a team and stay together, lived together and train together. they get to fly around show cast their skills and talents. —— showcase. i was iwasa i was a competitive game and then i realised that actually stronger in the strategy and my reflexes aren't as fast as other players so i thought, why not use what i have two educate more gamers? —— what i have, to educate more gamers. the oral lot more oximetry rolls out there. —— auxiliaries. if you make the match exciting, the event producers, coaches, trainers, all of these essential roles. that's it for business briefing this hour — but before we go — here are the markets. asia is under way down. —— on the way down. the main market injapan was also down around about 0.5%. up next — newsbriefing — we'll take you through the stories making headlines in the global media today including —— making headlines in the global media today. to some of the news in the uk now. british ministers have announced plans to spend over two billion dollars to improve transport links between prosperous city centres and struggling suburbs. the transforming cities fund is designed to address weaknesses in city transport systems, to spread prosperity by improving connectivity, reducing congestion and introducing new mobility services and technology. the plan will be officially announced by prime minister theresa may on a trip to the west midlands, where she will be joined by chancellor philip hammond and business secretary greg clark. according to uk think tank res—publica, the british national health service, or nhs should provide free community pharmacy health checks for all working—age adults. a report released today suggests that rising demand for healthcare services, combined with an ageing population and the increasing prevalence of chronic ailments like diabetes, is stretching the capacity of nhs england, it says to help reverse britain's rise in long—term disease, free pharmacy checkups should be made available. uk sport chair and olympic gold—medallist dame katherine grainger has urged british sports to improve athlete welfare. at a time when several governing bodies are embroiled in bullying allegations, grainger said they must "rise to the challenge" of improving high—performance culture. the 42—year—old rower, who won gold at london 2012, said there was "a lot more to do" on duty of care. it comes as uk sport releases new guidance to coaches and staff on how to treat athletes with more respect. and the queen and the duke of edinburgh are celebrating their platinum wedding anniversary — with a series of portraits released to commemorate the occasion. their wedding was on the 20th of november 19117. there are no public celebrations planned — instead they'll be marking their 70th anniversary privately with family. coming up at 6am on breakfast — dan walker and louise minchin will have all the day's news, business and sport. this is the briefing from bbc news. the latest headlines: talks to form a coalition government in germany have collapsed, threatening angela merkel‘s position as chancellor. former allies of the zimbabwean president, robert mugabe, have reacted with anger to his refusal to step down. specialist underwater rescue equipment has arrived in argentina from the united states to help hunt for a missing submarine. the sanjuan disappeared five days ago in the south atlantic with 44 crew on board. and the value of the euro has fallen after talks to form a coalition government in germany collapsed. now it is time look at the stories that are making the headlines in media across the world. we begin with zimbabwe's online newspaper newsday. no surprises, its leading what's dominating many front pages — president robert mugabe refusing to resign and now facing possible impeachment. in the german media, we go to deutsche welle online this morning. with the story we've been talking about — german chancellor angela merkel facing political uncertainty after coalition talks collapse. it's also raised the prospect of new elections. uk prime minister teresa may is today convening her new brexit inner cabinet ahead of december‘s european council meeting. she's expected to get the green light from ministers to increase her brexit divorce bill offer. staying online for the guardian, the publication claims that internal