live from london. this is bbc news. all change at the top — speculation mounts on who will take the helm at boeing as ceo dave calhoun announces his departure. big tobacco tells the bbc that a proposed disposable vape ban in the uk won't be effective. and forever young — we take a look at the booming anti—ageing beauty industry and its impact on health. hello. you're in time for the top business stories. i'm sally bundock. we start with boeing where it's

all change at the top as the plane—making giant looks to draw a line under a deepening safety crisis. the boss, chief executive dave calhoun, has said he will step down by the end of the year. the head of boeing's commercial airlines division will retire immediately and its chairman will not stand for re—election. this all part of the continuing fallout after an unused door blew out of a boeing 737 max in january shortly after take—off. no passengers were injured in the incident. michelle fleury has more. there is a major shakeup at boeing. dave calhoun says he will lead by the end of this year. he did on thejob in 2020 after 2737 makes jets crashed killing 346 people. now boeing is grappling with its biggest crisis since then after a door flew out of a 737 max jogged

out to take off. dave calhoun says he isn't living immediately because he says he was busy bowing to his latest turbulence. federal investigators found problems with boeing's 737 production process. boeing stocks raised on the news. analysts called the shakeup positive for boeing but stressed a lot depends on who succeeds mr calhoun, and his ability to change the culture of the organisation from the top. mr colquhoun was one of three departures announced on monday. as boeing works to win back trust, and a letter to staff, they calhoon called it a watershed moment for boeing which is at must demonstrate a total dedication to safety and quality. ——in a letter to staff, dave calhoun.

michelle fleury there and as she mentioned, mr calhoun was brought in in early 2020 after another safety crisis. ed pierson is the executive director at the foundation for aviation safety, and is also the former senior manager at one of boeing's 77 factories in the us. he said mr calhoon had no success at boeing. i he said mr calhoon had no success at boeing.- he said mr calhoon had no success at boeing. i think he “ust not success at boeing. i think he just got out _ success at boeing. i think he just got out of— success at boeing. i think he just got out of the _ success at boeing. i think he just got out of the gate - success at boeing. i think he just got out of the gate and l just got out of the gate and there were failures right away. ——mr calhoun. remember he was part of the old team, on the board of directors for ten years. he was there when the two crashes occurred. i don't think he has been successful at all. ~ . ., , , think he has been successful at all. ., .,, , ., ., all. what does this mean for boein: all. what does this mean for boeing going _ all. what does this mean for boeing going forward? - chris roebuck is a business leadership expert from university college london's school of management. good morning. sweeping changes at the top. there is a lot of regulation as to who will take the role of chief executive. stephanie pope is one name

being mentioned a lot, back current chief operating officer. give us your take on what needs to be done. to be honest, this _ what needs to be done. to be honest, this is _ what needs to be done. to be honest, this is an _ what needs to be done. to be honest, this is an ongoing - honest, this is an ongoing scenario. as your previous commentator said, this goes back at least five, six years, where they have had leadership failures, process failures, and then calhoun comes in and he is supposed to change at all, and hasn't. we get to the point where most of us, when we even get but that furniture, we know we need to put all the screws and bolts on the right place and bolts on the right place and do them up. —— margrethe vestager. it isn't rocket science. but he was unable to change it. —— flat pack. maybe he has been in boeing too long. there has been a tension between the engineers that want to do the engineering right and the people on the management side who want to push the plane through the factory and make as much money as possible. whoever comes in has to change the balance between those two.

calhoun was supposed to do that but he didn't. and there is also some evidence that suggests that fundamentally it is still the money that is driving it. the person that has to come in, therefore, has to be somebody who has, firstly, a different perspective from the boeing old guard, you might call them, and secondly, has the capability to make the change through engaging the employees, engaging the stakeholders outside, such as investors and regulators. but i think putting another long serving boeing person into the position isn't going to cut it. and it needs to rebuild trust on every level, doesn't it? because we are talking about people's lives here. climbing on a plane, you want to make sure you are safe, you will arrive at your destination in one piece. after the two terrible crashes, fatal crashes, in 2011 and 2019, so many reports were done which

exposed a disconnect between senior management, regular staff, it seems that at every level they need to be a look at what is going on at boeing. yes, and you are absolutely right. it has to happen at every level. but fundamentally low leadership has to come from the top because of the people from the top, in terms of the management, turn around and say "right, safety first," and when we say safety first, we mean safety first, and then lytic cascade. because to be honest you have a large group really expert engineers who know how to do safety. —— and then let it cascade. in the past they haven't been allowed to do safety as well as they could have done safety for cost reasons. that needs to change. i think if you get the right person in and you take a step back, it's absolutely possible. but the last incident with the

door plug, by the grace of god, that happened at 16,000 feet. if those bolts had held on until that plane got to 30,000 feet, heaven knows what would happen. this is — i mean, this is last chance saloon for boeing, to be honest. if something else like this happens, i think a lot of people are going to be saying — and some have already — i'm not getting on a boeing plane. chris roebuck, great to hear what you have to set up what is going on at boeing. we will keep a close eye on it. thank you for talking to us. here in the uk, the government's plan to ban disposable e—cigarettes by next year has been called into question by the boss of british american tobacco. tadeu marroco has said it won't work but has called for tougher regulations. bat is one of the biggest companies in the uk stock exchange and the third largest seller of vapes stock it estimated currently a third of

e—cigarettes sold in britain are counterfeit. its chief executive has been talking to our business reporter ben king. is talking to our business reporter ben king. is the government _ reporter ben king. is the government going - reporter ben king. is the government going far- reporter ben king. is the - government going far enough? i don't think it is. based on what i saw, the right regulation is a right enforcement. one that should to do with £100 spot fine is not enough. if you compare that with france, for example, they are introducing a fine of 100,000 euros in case the retailer is caught selling these products to one of the teenagers, for example. this is a properfine and penalty. you a proper fine and penalty. you are not in _ a proper fine and penalty. you are not in favour— a proper fine and penalty. you are not in favour of— a proper fine and penalty. you are not in favour of an - a proper fine and penalty. you are not in favour of an actual ban on disposables?- are not in favour of an actual ban on disposables? when we have seen _ ban on disposables? when we have seen bands _ ban on disposables? when we have seen bands happen - ban on disposables? when we have seen bands happen in i ban on disposables? when we i have seen bands happen in other countries in the world, this hasn't been effective. in the case, for example, of australia, they have banned the whole country, and the amount of teenagers using it in the illegal market is very high. the same is happening in brazil. , ., u, brazil. do you welcome the government's _ brazil. do you welcome the government's decision -

brazil. do you welcome the government's decision to l government's decision to increase the age of smoking every year, to effectively move towards a world where it is illegal for a towards a world where it is illegalfor a large proportion of the population to buy cigarettes?— of the population to buy ciuarettes? , ., , , cigarettes? these measures actually can _ cigarettes? these measures actually can have _ cigarettes? these measures actually can have some - actually can have some unintended consequences. from law—enforcement point of view, but also from the point of view. so we need to tackle, first of all, the underage of eight years. we need to have a retail license as we do for alcohol in the country. —— underage vape use. we also need to have burrow age verification profile that retailers can adopt. but most important, all these regulations, we need reinforcement. b, these regulations, we need reinforcement.— these regulations, we need reinforcement. a lot of critics would say _ reinforcement. a lot of critics would say everything - reinforcement. a lot of critics would say everything you - would say everything you advocate is all the things that line up with your own corporate interests. ., ., ~' line up with your own corporate interests. ., ., ~ , , line up with your own corporate interests. , , ., interests. look, this is an industry _ interests. look, this is an industry that _ interests. look, this is an industry that has - interests. look, this is an industry that has been - interests. look, this is an i industry that has been under interests. look, this is an - industry that has been under a lot of scrutiny and a lot of challenges on how we could reduce the health impact of our products, which are clearly

there. regrets are clearly a harmful product for those that decide to carry on using it. —— cigarettes. this is the first time that we have the technology to do that. indie time that we have the technology to do that. we need to come to _ technology to do that. we need to come to the _ technology to do that. we need to come to the question - technology to do that. we need to come to the question of- to come to the question of trust. if we look recently you have paid $600 million fines for smuggling cigarettes into north korea, $100 million for anti—competitive practices in nigeria. and now you are trying to be a big poison regulation in the uk. what is you say to those people who say bat is a company we still don't trust? chidiac look, we have exhaustively woken about those problems in the past. —— exhaustively woken about those problems in the past. --- problems in the past. -- look, we have- _ problems in the past. -- look, we have. now— problems in the past. -- look, we have. now we _ problems in the past. -- look, we have. now we can - problems in the past. -- look, we have. now we can talk - problems in the past. -- look, l we have. now we can talk about the future. bat today has the opportunity that we didn't have any past to reduce the risk of our product, and that is what we want to focus on. the our product, and that is what we want to focus on. the ceo of bat, we want to focus on. the ceo of bm. there. — let's stay in the uk, where we will look at search pricing.

as the owner of theme parks including alton towers and legoland is introducing so—called dynamic pricing — this is when prices respond faster to weather and demand enabling them to charge more on a sunny bank holiday. this flexible pricing is being enabled by the latest tech such as ai. merlin entertainments say its to help offset a decline in visitors. well, let's talk this through with russ mould, investment director at aj bell. i can hear all the parents with a sharp intake of breath thinking "oh my goodness, on a sunny day, we avoid theme parks." this my goodness, on a sunny day, we avoid theme parks."— avoid theme parks." this will be the interesting _ avoid theme parks." this will be the interesting response. | be the interesting response. the ultimate decider of whether this is a successful strategy or not will be football, the response of the potential visitors. ultimately economists will tell you the best cure for high prices as high prices and

the best cure for low prices is prices. one because of the mental boosts supply and the other the opposite. will be interested to see how consumers respond. if interested to see how consumers resond. , , , ., respond. if this is 'ust about su -l respond. if this is 'ust about supply and _ respond. if this isjust about supply and demand, - respond. if this isjust about supply and demand, good . supply and demand, good operation economics in the sense that, on days, whether it be theme parks or anything else in the future, with the benefit of new technology, artificial intelligence, we are going to look at this kind of movable feast when it comes to prices. when you are at the q in legoland and have your children there, you won't say no, despite the fact that when you get to the turnstile, the prices are a lot more. == prices are a lot more. -- queue- _ prices are a lot more. -- queue- we _ prices are a lot more. -- queue. we are _ prices are a lot more. -- queue. we are all- prices are a lot more. » queue. we are all used to pick prices and optic prices by season. notjust in this industry, but in hotels, flights, and rideshare services. i'm sure you are used to fast passes, vip passes, where you don't have to queue and the machine doesn't for

you, there are different flavours and people have a there. what will be interested to make interesting is merlin would be interested in talk about dynamic pricing, not surprising, which conjures up images of higher prices. you can understand _ images of higher prices. you can understand the - images of higher prices. you can understand the dilemma of the nine entertainment. they have had a few difficult years. covid—19 but they were shut down. then a cost—of—living crisis meaning many simply can't afford a day out at alton towers or whatever the moment. and don't forget that merlin has integrity, as it probably a lot of debt in there and it is that need to be paid, and these parks are expensive to maintain. everybody wants to go for a good experience, but also safe one. i'm sure scott, the other boss, has been saying, it isn'tjust other boss, has been saying, it isn't just about rising other boss, has been saying, it isn'tjust about rising prices at busy times, but lowering them at quiet times. that is why they want to talk about dynamic pricing and notjust

search pricing. it will be important for the customers is to get a great experience and they have transparency on what they have transparency on what the prices are, and it is easy for them to work out what is going on. russ, lovely to — out what is going on. russ, lovely to see _ out what is going on. russ, lovely to see you. - out what is going on. russ, lovely to see you. have - out what is going on. russ, lovely to see you. have a l out what is going on. russ, i lovely to see you. have a good day. we will see you soon. russ mould there from a] bell. around the world and across the uk, this is bbc news.

hello again. we are looking at the top business stories. to china, now, where a number of the world's top ceo's are in hainan today for the boao forum for asia. this is known as asia's davos. it brings together business and government leaders from across the continent to discuss big issues from global trade to reshaping the future. founded to promote economic integration in asia, front and centre will be

the health of the chinese economy and how it can drive growth. joining me now is louise loo, china lead economist at oxford economics. hello to you, louise. this is a huge moment that happens year—on—year. it isjust huge moment that happens year—on—year. it is just off the back of china's investment forum, foreign investment forum, foreign investment forum, as well, with the likes of tim cook and others at this event. took us through what they hope to achieve. typically, well, with these high level events, we turn not to look for policy measures as is typical for a lot of events. the agenda tends to be on regional cooperation, setting a positive tone for greater economic activity in the region. these tend to be more structural issues that surround the global economy today. i think what will be interesting here is that you would remember the last year, premier li qiang use the form to strike a

positive, upbeat tone on the chinese economy. i expect them to continue to do that this time round, albeit in pretty challenging macro backdrop. that will perhaps help instill some competence in the chinese economy, especially when so many of these global business leaders are in attendance. a signal to being open for business is what investors are looking for. business is what investors are looking for-— looking for. and that is the field, the _ looking for. and that is the field, the general - looking for. and that is the field, the general gist i looking for. and that is the field, the general gist of. looking for. and that is the i field, the general gist of this event. it is also about the deal is done on the sidelines as well. tim cook isn't there just to enjoy the ambience and vibe, he will be having a high level meetings with individuals etc. but what about this ongoing narrative that is currently in the news about china and cyber security and hacking key individuals in the us and uk and now new zealand, etc? how does that play into this, or is that not talked about at this event because makers that ignored? chinese policymakers _ makers that ignored? chinese policymakers tend _

makers that ignored? chinese policymakers tend to - makers that ignored? chinese policymakers tend to be i makers that ignored? chinese policymakers tend to be good | makers that ignored? chinese i policymakers tend to be good at avoiding those loads of issues, these five points. some of the more important bilateral conversations will be happening, especially with tech leaders on the back of some of these restrictions come out of these restrictions come out of the us and us allies. but also closely looking, tracking conversations also happening in the automobile space, the ev production, foreign companies operating in china. but a lot of these are happening around the tension points of bilateral trade tensions, bilateral business tensions. so i think that will kind of because a slightly awkward manoeuvring for policy makers, which is why we don't expect any big concrete measures to come out of it. ,., ., concrete measures to come out of it. ., ., ~' concrete measures to come out ofit. ., ., ~ ., of it. good to talk to you, louise. — of it. good to talk to you, louise, thank _ of it. good to talk to you, louise, thank you - of it. good to talk to you, louise, thank you for i of it. good to talk to you, | louise, thank you for your time. louise loo from oxford economics. that is what is going on in pain and china. let's take you to brazil where there

is wheeling and dealing going on there. ———— that is what's going on in hainan in china. french president emmanuel macron is due to meet his counterpart president lula today. this is the beginning of a three—day tour of south america's biggest economy and comes as trade talks have stalled between the eu and the south american common market known as mercosur. macron is under pressure from french farmers to quash the deal — while brazil in turn is unhappy with recent eu trade restrictions linked to deforestation. let's go to rio dejaneiro and talk to gabriel cohen, senior editor at latinometrics. good to talk to. what will they achieve, do you think, lula and macron? fin achieve, do you think, lula and macron? . , , macron? on the french side this is a band-aid — macron? on the french side this is a band-aid of— macron? on the french side this is a band-aid of sorts, - macron? on the french side this is a band-aid of sorts, trying i is a band—aid of sorts, trying to repair the relationship after the massive setbacks we have seen in the eu mercosur deal. for prince president emmanuel macron, this is an

attempt to try to patch things up. on the brazilian side, it is an attempt to extract more concessions and maybe get the europeans back to the negotiating table. but with the pressure we are seeing from french farmers on the macron administration, it will be a tough sell, specifically to the french president, who has to constantly consider his own domestic politics when setting that sort of trade agenda. maw; that sort of trade agenda. many are asking _ that sort of trade agenda. many are asking if— that sort of trade agenda. many are asking if the _ that sort of trade agenda. many are asking if the deal— that sort of trade agenda. many are asking if the deal will- are asking if the deal will ever get across the line. if it is reached between the two trading blocs, as in south america, the eu, it could be one of the world's biggest trading deals. it is significant. but it is riddled with issues, isn't it? absolutely. at the end of the day, this is a match made in heaven for many in the eu and mercosur, given that the eu is the biggest investor in mercosur, second biggest trading partner after

trader. mercosur has a lot of the resources the eu needs, but fundamentally, this is about what the eu is willing to accept on a domestic level. they will go with the sustainability argument and to some degree that is true but there is also good old—fashioned protectionism. you know, at the end of the day, if the deal is cancelled, when negotiations are cancelled, just as french farmers are storming paris and the same thing was in belgium and other countries around the eu, those things are linked. this is both a big dream of the europeans, the mercosur partners, for a long time, but something they will also have to accept. it may not be possible in today's political climate. �* , , possible in today's political climate. �* , climate. briefly, gabriel come u . climate. briefly, gabriel come u- with climate. briefly, gabriel come up with president _ climate. briefly, gabriel come up with president lula - climate. briefly, gabriel come j up with president lula running brazil, does that help or hinder negotiations? —— gabriel , president lula. i hinder negotiations? -- gabriel , president lula.— , president lula. ithink is aood. , president lula. ithink is good- the _

, president lula. ithink is good. the relationship i , president lula. i think is. good. the relationship with jair bolsonaro was negative. although there are political disagreements ranging from ukraine to the boring the middle east, what lula wants for brazil is ever more options on the table and have more third way partners so he doesn't have to get bogged down inissues doesn't have to get bogged down in issues like the us— china crisis and focus on diversifying expository country. the app divide up the europeans but he has been having trouble of late. gabriel cohen from — having trouble of late. gabriel cohen from latinometrics, i having trouble of late. gabriel. cohen from latinometrics, thank for your time. now to the world of beauty. it is big business. i know i don't need to tell you that. particular when it comes to our fixation on maintaining a useful look. —— particularly. —— useful look. —— youthful. as it seems more and more are looking to stay forever young and this is fueling global growth in the anti—ageing market.

this ranges from products like skin care creams all the way to cosmetic surgery. dr lucy glancey is a static doctor and cosmetic surgeon, member of the royal college of surgeons in the british association of cosmetic surgeons. welcome to the programme. can i ask you to begin with, have you had surgery yourself?- begin with, have you had surgery yourself? yes, i have. it is important _ surgery yourself? yes, i have. it is important to _ surgery yourself? yes, i have. it is important to say - surgery yourself? yes, i have. it is important to say because | it is important to say because you are a cosmetic surgeon, so, therefore, you are somebody who has had surgery and i assume you believe it is a good thing to do, is that right? it depends on the circumstances. what we see these days is two types of trends, really. the quest for rejuvenation, which is slowly being replaced by a quest for beautification. we see younger people coming to have treatment, not because they need rejuvenation, which in most people's cases is in

the past, but for them to look better. two look like a better version of themselves. so this is really mainly technology driven. we know you take a picture on your smart phone, you can put a filter, so you look at a picture and say that looks better than the original, so hence the trend now for beautification. which is, you know, what is driving younger people forward. i don't think this is a good thing, but it is happening, and it is a fact. it happening, and it is a fact. it is certainly happening, and there is demand. you are a member of the royal college of surgeons. the worries about where people are getting cosmetic surgery at a time when, you know, things are tight, financially, to get things done, and they are going to the wrong place. that things done, and they are going to the wrong place.— to the wrong place. that is true and — to the wrong place. that is true and there _ to the wrong place. that is true and there is _ to the wrong place. that is true and there is a - to the wrong place. that is true and there is a lot i to the wrong place. that is true and there is a lot of l true and there is a lot of backstreet practitioners in

this country offering injectables and injectables are very poorly regulated in this country. anyone can do a one—day course and start injecting. and that is worrying. injecting. and that is worrying-— injecting. and that is wor inc. �* ., , , injecting. and that is wor inc. ., , , ., worrying. and the worry is what is in the injections, _ worrying. and the worry is what is in the injections, because i is in the injections, because in some cases it can because on jenny, no? you start doing that at a young age, it is hard to stop, is it not? if at a young age, it is hard to stop, is it not?— at a young age, it is hard to stop, is it not? if the product is approved. _ stop, is it not? if the product is approved, it _ stop, is it not? if the product is approved, it should - stop, is it not? if the product is approved, it should be i is approved, it should be properly regulated and a safe product. however, we do not know what everyone is injecting. therefore, you know, i cannot comment on what products they are using. 50 i cannot comment on what products they are using. so do ou products they are using. so do you think _ products they are using. so do you think there _ products they are using. so do you think there should - products they are using. so do you think there should be i products they are using. so do| you think there should be more regulation of the industry in the uk and elsewhere? absolutely, absolutely. that has been, you know, it's — it has been, you know, it's — it has been, you know, it's — it has been discussed and i understand the parliament will be dealing with this issue, but

there is... dealing with this issue, but there is. . ._ dealing with this issue, but there is... sorry to interrupt ou, there is... sorry to interrupt you. but _ there is... sorry to interrupt you, but we're _ there is... sorry to interrupt you, but we're almost i there is... sorry to interrupt you, but we're almost out . there is... sorry to interrupt| you, but we're almost out of time. thank you talking to us. hello. an area of low pressure is going to sit around on top of the uk over the next few days, and that will drive some very heavy downpours of rain, with some flashes of lightning, some rumbles of thunder, some of the showers over high ground will be wintry, and we will often have some strong and gusty winds. so here is our area of low pressure. you can think of this as the engine room of the weather, driving things over the next few days. a couple of different slow—moving fronts. one which has been bringing some rain and snow across scotland, that tending to pull away eastwards but leaving a residue of cloud across southern scotland, northern england, northern ireland, some quite murky conditions, damp and drizzly, too. and then another weather front�*s just bringing some rain northwards across central southern england, into parts of the midlands, the southeast eventually getting into parts of wales, something a little bit brighter into the south—west of england, also brighter but with some wintry showers

in northern scotland, highs of 6—12 degrees. now, during tuesday night, we'll see this rain band journeying northwards and then bumping into cold air across scotland with some snow, especially over high ground, but to relatively low levels in the northern half of scotland. behind that, some clear spells, but bands of showers pushing in from the west, some of which will be heavy with some hail and thunder. that theme continues on into wednesday. you can see one band of heavy thundery rain here moving its way northwards and eastwards. plenty of showers following on behind. it's going to be a windy day for just about all of us. and our area of rain and snow still affecting the far north of scotland. temperatures struggling a little bit, 6—12 degrees. our area of low pressure still with us through wednesday night and into thursday. further bands of very heavy rain circulating around the lows. so expect more intense downpours on thursday with some hail, some thunder, could be some wintriness over higher ground, gales likely through the english channel and quite windy elsewhere, particularly across eastern and north—eastern parts. and those temperatures, again, between 8—12 degrees.

now, as we move into good friday, there are some signs that this area of low pressure will loosen its grip a little. so not as many showers on friday, more in the way of sunshine and actually a decent amount of dry weather on saturday as well. so drierfor a time over the easter weekend. it's certainly going to turn a little bit warmer, but it does look like rain will return through sunday

good morning, welcome to breakfast with sally nugent and jon kay. our headlines today. cody's law — the family of a footballer murdered in a birmingham nightclub have called for body scanners and bleed kits to be installed in all venues. when smart meters are anything but. average energy bills are about to go down, because of meter mistakes. but we meet the breakfast viewers whose bills went up because of meter mistakes. we ask what you can do if your meter is faulty. if your meter is faulty. heavily armed federal agents raid the homes of rapper sean diddy combs — it's reported to be part of an investigtion into sex trafficing allegations. preparing to book their tickets —

the welsh fans are dreaming