welcome to world business report, i'm aaron heslehurst. we start in the north east of england, where the car industry has been delivered an electric boost this friday. that's because nissan has confirmed it will invest up to £1.12 billion, that's about $1.1; billion to produce new electric cars in the uk. the money will be invested at the company's existing plant in sunderland. nissan says the deal should safeguard the future of the factory. the uk government is expected to provide substantial additional support. the plant also supports thousands more suppliers across the uk and the project will include the construction of a gigafactory to supply batteries. all of this good news for the uk economy. here's the prime minister, rishi sunak. this is a great day and i'm delighted to be here in sunderland at the nissan plant to celebrate the

fact that nissan and its partners are tripling their investment in the uk to £3 billion. this is our largest car plant. its future is safeguarded, protecting thousands of jobs, and also transitioning to new electric vehicles. it is a huge vote of confidence in the uk and it is great in advance of the global investment summit we are hosting what will be hosting over 200 business and investment litters all around the world, all of whom will be talking about committing to the uk because it is a fantastic place to do business. they are protecting and creating jobs across the supply chain, so it is good news. professor david bailey is from university of birmingham. it isa it is a huge vote of confidence in the sunderland plants. and many more

thousands in the supply chain. nissan had said previously it would make electric vehicles, but haven't said which ones, so we now know what they will be. the cash chi and the duke are good selling cars. cash cow are regularly in the top ten. it really is important to that plan and also in terms of further battery production, as well. it is also in terms of further battery production, as well.— also in terms of further battery production, as well. it is all good makin: production, as well. it is all good making electric _ production, as well. it is all good making electric vehicles - production, as well. it is all good making electric vehicles but - production, as well. it is all good making electric vehicles but it. production, as well. it is all good making electric vehicles but it alli making electric vehicles but it all hinges on the availability of those batteries. ~ , ,., , batteries. absolutely right. the uk has been lagging — batteries. absolutely right. the uk has been lagging behind _ batteries. absolutely right. the uk has been lagging behind badly - batteries. absolutely right. the uk has been lagging behind badly on i has been lagging behind badly on that. an interesting report earlier this week from the house of commons slamming government policy in this area saying we are not doing enough and we need to catch up. later today the government is unveiling its battery strategy, total do more to try to attract this battery investment. if we put together at the investments already announced in

the investments already announced in the north—east, the uk is about half there in terms of where it should be. a lot more investment is needed. are you expecting much from that uk government battery strategy? what is the announcement, just that they will make more plants? i the announcement, just that they will make more plants?— the announcement, just that they will make more plants? i think there will make more plants? i think there will be a strategy _ will make more plants? i think there will be a strategy for _ will make more plants? i think there will be a strategy for the _ will make more plants? i think there will be a strategy for the first - will be a strategy for the first time and there will be money up front in terms of trying to attract foreign investors. so far at the government hasn't been involved enoughin government hasn't been involved enough in the discussion between car—makers and battery makers to get them investing. car-makers and battery makers to get them investing-— them investing. most of these cars built in the uk— them investing. most of these cars built in the uk will— them investing. most of these cars built in the uk will be _ them investing. most of these cars built in the uk will be exported, i built in the uk will be exported, one day, and what does that mean about the tariffs? it is one day, and what does that mean about the tariffs?— about the tariffs? it is a really aood about the tariffs? it is a really good point- — about the tariffs? it is a really good point. assistance - about the tariffs? it is a really good point. assistance from l about the tariffs? it is a really - good point. assistance from january good point. assistance from january there will be 10% tariffs on evs they don't have enough local content. what nissan seem to be doing is increasing the local content by making the batteries locally. the uk can make the components that go into the

batteries locally, and that is what we need, supply chain to make the components, increase the number so we can avoid the tariffs exporting to the european union. what we can avoid the tariffs exporting to the european union. what sort of sweeteners — to the european union. what sort of sweeteners did _ to the european union. what sort of sweeteners did you _ to the european union. what sort of sweeteners did you think— to the european union. what sort of sweeteners did you think nissan - sweeteners did you think nissan received from the government? there will be a big — received from the government? there will be a big pile _ received from the government? there will be a big pile of _ received from the government? there will be a big pile of cash _ will be a big pile of cash somewhere, it might be cash buts into investment guarantees. thank ou for into investment guarantees. thank you for your _ into investment guarantees. thank you for your time. _ now to the serious subject of shopping because it's the friday after thanksgiving and to retailers in the us and in many other parts of the world that only means one thing — black friday. it has become one of the biggest shopping days of the year as stores hope to attract pre—christmas bargain hunters with discount deals. but as the cost—of—living crisis drags on, will people be willing to spend? emma simpson reports from leeds in the uk. yeah!

remember this? hey! no, no, no, no, no! fighting over big tvs in the aisles. black friday, the us retail phenomenon, had finally taken off in the uk. not for all the right reasons, though. no queues or mayhem the year after, as black friday moved online. but these days, there's still plenty of action in the shops. and here in leeds, people are on the hunt for black friday bargains. i love it. saving an absolute fortune. can buy things that maybe you wouldn't have been able to do. was it a bargain? yeah, it was, cos i would have paid probably a whole £45 more if i...if it wasn't on sale. get a lot of emails, l butjust delete them. er...yeah. you're not tempted ? no, no. got a nice jacket for my mum. something for my brothers. it'sjust making sure it's a thoughtful gift, not so much buying loads. mm—hm.

so you're a little bit more careful? yeah... i'd say so. yeah, well... ish. ish! retailers here are gearing up for a busy weekend. black friday is still one of the biggest sales events of the year, but is it starting to lose its sparkle? total online spending, for instance, is forecast to be 2% lower compared with last year — with the amount we buy on gifts down by ii%. this retail expert agrees. they'll want to buy, but what they're going to do is cut down on their gifting overall. so there are people they're not going to be buying gifts for this year. do you think people are a bit fatigued by black friday now? i think they say they are and then it'll get to today and everybody�*ll suddenly come out, won't they? because they've got paid and they'll want to go out and start their christmas shopping. but i think what we'll all do is just be a little bit more sensible about how much we're spending. the advice is, if you have a budget, stick to it. there's that fom0 feeling that comes into play because we see what appear

to be these amazing discounts and we don't want to miss out. so my top tip is actually to shop with intent — have a list of things that you are after. do some research on what a good price actually is. and with that, you're armed to hopefully come away from this weekend with some decent deals. for retailers, it's crucial to get the tills ringing in what will be a make—or—break season for some. emma simpson, bbc news, leeds. to the north of scotland now and the orkney islands, where the waters are rough and the tides are fierce. tough conditions for sailors, but full of potential if you want to develop clean energy. the region has set itself up as a giant laboratory for testing different ways to exploit tidal and wave power. theo leggett has been finding out more. bleak but beautiful. the pentland firth between the north of scotland and the orkney islands is an area well known for vicious

winds and ripping tides, which makes it the perfect location for developing new forms of clean energy. this narrow strip of water experiences tremendous tidal forces every single day. in fact, some of the fastest tides in the world. and that means there's a tremendous reserve of energy if you can tap into it. and that's what's going on just over there, off the island of stroma. in the murky waters beneath the surface, giant turbines work night and day to generate electricity. it's a small project at the moment, but the company behind it has big plans. so fraser, tell me what we've got here. so here we have a 150 ton, 1.5 megawatt tidal turbine. she's got an 18 metre rotor. they want to build a much larger and more powerful array. there's only one problem. electricity generated this way is currently very expensive. the company is hoping that as more is produced, prices will come down. it is a problem. so it's really then increasing the scale, increasing the number of units to drive down the cost. we need to move down

that cost curve. we need to make the power cheaper, meet the installations cheaper, and then overall get the wholesale price down for the consumer. lurking on the surface, a few miles to the east of orkney, this giant machine is trying to exploit a different form of sea power wave energy. engineering firm motion is hoping it can succeed where many others have failed. it insists the technology will start small but has major potential. we see deploying our machines in farms ten megawatts, 100 megawatts. and these farms can be combined with offshore wind. so we can deploy devices interspersed within the offshore wind farm, maximising the utility of that space. orkney has set out to become a giant testbed for technologies like these. it even has offshore connections to the electricity grid that new machines can simply plug into. by demonstrating something here, you're reducing the risk for investors further down the line. we're very good at coming up with inventions, but we also have to think about how you make that invention a real part

of the energy system. 70% of the earth is covered by sea and energy from waves and tides could yet play a major role in the voyage to net zero. and if so, the research being carried out around these rugged islands will have played its part. theo leggett, bbc news. you can see more of that film and other initiatives from around the world looking at tackling climate change on talking business weekly this weekend right here on bbc news. the first airing here in the uk is at 11.30am on saturday and in the rest of the world its on from 22.30 gmt on friday. in other news, some amazon workers in the uk are going on strike today during one of the company's busiest periods — black friday. the gmb union says more than 1,000 staff at the coventry warehouse are expected to take part in the walkout, which is the latest in a long—running dispute over

pay and conditions. amazon says customers will not be affected. china will temporarily exempt citizens from several countries, including france, germany and italy, from needing visas to visit the world's second—largest economy. from the 1st december and for a period of a year citizens of those countries entering china for business or tourism will not require a visa. china has been taking steps in recent months to revive its tourism sector following 3 years of strict covid—19 measures that largely shut its borders to the outside world. europe's largest economy, germany, shrank slightly from july to september compared with the previous three months. final figures confirm the economy shrank by 0.1% over the period. germany has been among the weakest economies in europe this year as soaring energy costs and high interest rates taken their toll. a leading uk cruise ship company is being accused of planning to fire more than 900 staff members

if they do not accept new terms and conditions for their job. carnival uk, which owns p&o cruises and cunard, notified authorities of the "fire and rehire" plan one day after beginning talks with union members. don't forget you can get in touch with me on x — i'm @bbcaaron. local say they live here for the countryside, wildlife and peace, but that could change as the new president is set to be built here. kevin boyden has lived in gartree for over 20 years. the kevin boyden has lived in gartree for over 20 years.— for over 20 years. the concern is when i for over 20 years. the concern is when i get _ for over 20 years. the concern is when i get no — for over 20 years. the concern is when i get no in _ for over 20 years. the concern is when i get up in the _ for over 20 years. the concern is when i get up in the morning - for over 20 years. the concern is| when i get up in the morning and open my curtains are not going to see the fields behind me, with the sheep and wildlife, i'm just going to see the wall of a prison. plants

are first submitted _ to see the wall of a prison. plants are first submitted for _ to see the wall of a prison. plants are first submitted for a - to see the wall of a prison. plants are first submitted for a new- to see the wall of a prison. plants i are first submitted for a new prison adjacent to the current prison over two years ago. it was refused permission by the council, however that refusal has not been overturned on appeal by communities secretary michael go. i’m on appeal by communities secretary michael no. �* ., . , michael go. i'm astounded at this decision. michael go. i'm astounded at this decision- i _ michael go. i'm astounded at this decision. i think— michael go. i'm astounded at this decision. i think it _ michael go. i'm astounded at this decision. i think it is _ michael go. i'm astounded at this decision. i think it is completely l decision. i think it is completely the wrong decision. they say it is a slap in the face to democracy. these are country lanes, country areas where they are trying to facilitate this. g, where they are trying to facilitate this. �* , , ., ., this. a spokesman said that the decision gartree _ this. a spokesman said that the decision gartree is _ this. a spokesman said that the decision gartree is critical - this. a spokesman said that the decision gartree is critical to - decision gartree is critical to delivering the 20,000 extra places we need to keep dangerous offenders off the streets and it will boost the local economy by creating hundreds of newjobs. protesters here said they will fight on. they are calling for a judicial review.

hello, there. welcome to the bbc sports centre. we start with the news that former paralympic champion oscar pistorius is to be freed from jail on parole. the news comes ten years after the south african was jailed for murdering his girlfriend reeva steenkamp. he shot steenkamp multiple times through a bathroom door on valentine's day in 2013, later claiming he mistook herfor a burglar. pistorius, who is now 37, was sentenced in 2016 to serve 13 years in prison.

the parole board has set his release for five january 202a. to tennis, and the davis cup where novak djokovic has had a heated exchange with british tennis fans who tried to put him off in malaga, at one point telling them to "shut up", as he helped serbia into the semi finals of the competition. djokovic says he was being wound up by british fans during the match, and tried to silence them, with kisses and then, as this fan's phone footage shows, he clashed with supporters, while doing his post match interview on court. asome british fans were playing their musical instruments and he gestured towards them and told them to shut up. the seven—time wimbledon champion, wanted the spectators to show more respect.

they can do whatever they want, but i'm going to respond to that, so