That's all for another day on the Business Live page. Tomorrow sees US jobs data and an update from Tata Motors, among other things. Join us from 06:00.

David Scowsill, president of the World Travel and Tourism Council, is on Business Live talking about Egypt's tourist industry and the impact the crash at Sharm el-Sheikh may have upon it. "Since the Arab Spring started in 2010 there's already been a dramatic reduction in people going to Egypt," he says. From 15m to about 10m, about 25% of whom are Russian. "Our industry is very resilient", so will hopefully bounce back, he adds.

US stocks declined ahead of Friday's jobs report. Qualcomm was the biggest loser in the larger S&P 500 index, falling 16.7% after the chipmaker forecast first-quarter profit below expectations

• The Dow Jones industrial average fell 0.02%, to 17,864.37
• The S&P 500 lost 0.11%, to 2,100.01 
• The Nasdaq Composite, home to tech stocks, dropped 0.29%, to 5,127.74

Two former traders at Dutch lender Rabobank have been found guilty of fraud in the first US trial relating to Libor rigging. Anthony Allen, Rabobank's former global head of liquidity and finance, and Anthony Conti, a former senior trader, were found guilty by a federal jury in Manhattan on all counts of conspiracy and wire fraud they faced. In the UK in August, City trader Tom Hayes was sentenced to 14 years in prison for eight charges of conspiracy to defraud.

Image source, Getty Images

Britain will resume flights from Sharm el-Sheikh on Friday after agreeing on additional security with Egyptian authorities, the prime minister's office said. Britain suspended flights after the crash on Saturday of a Russian airliner. This announcement followed initial confusion about whether flights would resume in full or just repatriations for British holidaymakers.

Steve Fowler from Auto Express believes that the dip in new car registrations in October is not just down to a natural slowdown in the overall car industry. He told the BBC: “I do think the Volkswagen emissions scandal has had a clear effect. We know a lot of people who’ve been in touch with us who are delaying a purchase. They still want to buy a car but they’re just not sure what they should do and frankly who they should trust at the moment.” New car registrations dipped for the first time in 43 months, according to car industry body, the SMMT.

BBC Scotland Business and Economics Editor Douglas Fraser tweets:

Image source, TransCanada

More developments on that controversial US oil pipeline. Canada's new Liberal government backs TransCanada Corp's proposed Keystone XL pipeline, but does not want it to become an problem for its relationship with the US, Foreign Minister Stephane Dion has said. US President Barack Obama is expected to veto the proposed pipeline before he leaves office in early 2017. Yesterday, TransCanada requested a halt to the US government's review of the project. The proposed pipeline is in blue.

Image source, Getty Images

EDF have been busy on the nuclear front these past weeks. The French state-owned energy firm has signed a $662m uranium supply deal with Kazakhstan's Kazatomprom, the French president's office said in a statement. The deal follows an official visit to Paris by the Kazakh President Nursultan Nazarbayev. EDF last month signed a deal to build a new reactor at Hinkley in Somerset.

Here's the latest from Downing Street on the confusion over flights from Sharm el-Sheikh:

Lufthansa's biggest cabin crew union has confirmed that a week-long strike would start on Friday after talks failed. "Friday will be the first day of the week of strikes," cabin crew union UFO said in a statement. Lufthansa's other airlines including Swiss, Austrian Airlines, Germanwings, Eurowings, and Brussels Airlines are not affected.

Image source, Reuters

Image source, AP

Earlier today, the head of Russia's state property management agency, Olga Dergunova said it was ready to sell off stakes in several major companies such as Rosneft, Rushydro, Alrosa and Aeroflot as part of a privatisation plan if President Vladimir Putin backs the idea. But now it appears privatisation of state assets is not likely to happen. That's because assets are undervalued, and privatisation is not a goal in itself, Kremlin spokesman Dmitry Peskov said. Back to the drawing board for Ms Dergunova.

A question from reader Chris Marsden comes in, keeping us on the straight and narrow. He wants to know what Mr Carney means when he says that there are a few things that have changed to push market expectations of an interest rate rise back. Mr Carney says they include falls in the price of risk-free assets while there has been "quite a big sell-off" of riskier assets. What are they? Here, Mr Carney is talking about the recent drop in the price of investments such as government debt, which is considered risk-free because of the slender risk of default. The riskier stuff includes shares.

Strikes will go ahead at Lufthansa, according to German news agency DPA, citing the UFO cabin crew union. It gave no hard details of the extent of the strike but said that they would not start before noon German time on Friday.

Something interesting from EasyJet on their flights to and from Sharm el Sheikh. The government says it is to allow UK airlines to fly aircraft into Sharm el Sheikh from tomorrow in order to repatriate customers.

So it appears EasyJet thinks all flights can resume as usual. Do they know something we don't?

Image source, EPA

Calum Bennie, savings expert at Scottish Friendly, calls Bank governor Mark Carney the "boy who cried wolf".

He says Mr Carney "appears to have been found out" after he signalled we may be waiting until 2017 for a rate rise.

Robert Peston
Economics editor

From Robert's Blog:

Image source, Reuters

A strike is now probable at German airline Lufthansa after the company and cabin crew union UFO said talks on early retirement and pensions have failed. Lufthansa said it had made a new offer for current employees that met the union's demands and that it had proposed a pension scheme for new workers similar to ones offered at other big German companies. The union rejected the proposal, it said. German cabin union UFO said talks had failed and that it would provide further details of its next step at about 16:00. 

The Institute of Directors - a business lobby group - has raised concerns over the Bank of England’s decision to hold interest rates at 0.5% for another month in a missive entitled "Bank playing dangerous game on rate rises". They have been warning about asset bubbles for some months.