A pilot has demonstrated in the Boeing 737 NG simulator for the BBC how he deals with the plane stalling.

The Boeing 737 NG is the model just before the Boeing 737 Max.

Read more about Boeing's computerised Mcas system here.

Image source, Getty Images

Wall Street shares have opened slightly higher, as worries about a global economic slowdown due to a lack of developments in US-China trade talks weighed on investors.

The Dow Jones Industrial Average is 116 points or 0.4% higher to 26,334.20.

The S&P 500 is 2 points or 0.07% ahead to 2,876.21.

And finally, the tech-heavy Nasdaq is 19 points or 0.2% higher to 7,916.27.

Image source, AFP

Thanks Jill and Bill for this morning's live coverage of all things business.

Mary-Ann Russon with you until 21:30 for the rest of the day's news and views.

Today, England football manager Gareth Southgate was appointed an Officer of the Order of the British Empire (OBE) at an investiture ceremony at Buckingham Palace for services to association football.

Got a point of view? You can tweet me at @concertina226, external and @BBCBusiness, external.

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Intu, the largest owner and manager of prime shopping centres in the UK, has named Matthew Roberts as chief executive with effect from 29 April .

The former finance director, he replaces David Fischel who leave on 26 April 2019.

A bid for the owner of shopping centres including Lakeside and the Trafford Centre fell through last year.

US jobless claims fell 10,000 to 202,000 in the week ended 30 March.

"This is the lowest level for initial claims since December 6, 1969 when it was 202,000," the US Labor Department sai, externald.

The figures measure people filing in applications for unemployment benefit.

Image source, PA

It has previously been announced that Nicandro Durante is retiring from British American Tobacco after almost 37 years with the company and eight years as chief executive.

The company has outlined details of his retirement deal , externalwhich includes a number of elements, including up to £200,000 relocation costs for his move back to his native Brazil.

Among the other items are shares from previous bonuses worth around £3.5m at today's share price and shares that will be released to him in 2021 that, if valued at today's price, are worth around £3m.

There's a £408,253 bonus for the period between January and 1 April this year, and other bonuses that he might be eligible for the future.

Image source, EPA

Tesla's shares are down 10% in pre-market trading after the electric carmaker published quarterly data about deliveries of its vehicles (mentioned earlier).

As quick recap, it said deliveries were 31% lower than the previous quarter.

Later, lawyers for Tesla's founder Elon Musk will argue in a Manhattan court that he did not breach a settlement with the US regulator the Securities and Exchange Commission through his tweets.

The pound has fallen back a bit as the uncertainty over Brexit continues.

It is trading at around $1.3144.

The FTSE 100 is down 39 points at 7,379.

Ethiopia's transport minister says pilots were unable to control an aircraft that crashed last month.

Earlier we mentioned that Andreas Meyer-Schwickerath, director of the British Chamber of Commerce in Germany,had told Radio 4's Today programme that his members favour an extension to Brexit, and also ultimately a soft rather than hard exit.

He is now speaking at the first British-German Business Exchange Conference in London. Here's more from the BBC's Jonty Bloom and Katie Hile.

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Shares in Entertainment One are up around 5% after it said its "financial performance of the business is in line with management expectations for the year".

The performance of iconic cartoon character Peppa Pig helped.

"As we continue to focus on unlocking the power and value of creativity, Entertainment One has delivered a solid performance for the year, driven by strong momentum in television, continued growth in family and brands and with the restructuring of film having a beneficial impact on the slate and margins," it adds.

Peppa Pig continued its strong performance in markets around the world, generating multiple revenues outside its licensing and merchandising businesses, it says.

"The production of 117 new episodes is well under way, bringing the total number of available episodes to 381."

The new episodes will be aired by broadcasters from spring 2019 until 2023.

Alongside this, Merlin Entertainments opened two Peppa Pig World of Playcentres during the period, in Shanghai and Dallas, with a further four expected to be opened during the next twelve months, two in China and two in the US.

"These developments will further energise brand awareness and reinforce Peppa Pig's status as an 'evergreen' property. In China, revenues have increased by 50% driven predominately by Peppa Pig."

Tom Burridge
BBC transport correspondent

Image source, Getty Images

Two crashes, five months apart, with a total of 346 people dead.

Both preliminary crash reports suggest - without apportioning blame - that a new design to the 737-Max 8 malfunctioned, pushing each plane repeatedly into a nose-dive.

One law suit has been filed. More are likely.

The suffering of those who’ve lost loved ones can’t be quantified. But the commercial toll for the manufacturer and damage to its reputation, at this stage, can’t be either.

Hundreds of 737-Maxs are grounded worldwide. Thousands of orders are, for now on ice, and some could even be in jeopardy.

The Max was Boeing’s answer to Airbus’ A320: a single-aisle, fuel-efficient short-haul plane.

But in the opinion of one experienced 737 pilot, the new anti-stall system, which was added to the aircraft and contributed to both crashes, was ‘flawed’.

Boeing is working to fix it. It needs to get the aircraft certified as safe and back in the air as soon as it can.

But that won’t be straight forward, the regulatory process will be more rigorous and complicated. In this case, standard protocol for aircraft certification has gone out of the window.

Multiple investigations are underway.

They’ll pour over the original design, how regulators signed it off.

They’ll consider the fact the new anti-stall mechanism was not in the flight manual before the Indonesia crash.

All of these points will be investigated to the nth degree.

The travelling public would expect nothing less.

Read more from Tom here.

Today is the first British-German Business Exchange Conference (BBEC) and Lord Chris Fox is the Liberal Democrat spokesman for business.