tv Business - News Deutsche Welle September 19, 2017 3:03am-3:16am CEST
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drills near st petersburg. the war games are russia's largest since twenty thirteen moscow says some thirteen thousand troops from russia and below troops are taking part of the maneuver. nato has expressed serious concerns over the drills which are taking place just one hundred kilometers from their story in the border. russia said the war games pose no threat to the west the drills are set to conclude on wednesday. at the. ryanair suddenly council's thousands of flights leaving the passengers wondering not only whether they will fly or not but also why this is happening. this is how cars are supposed to look like in the future most won't really hit the
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streets though we went to the frankfurt motor show. and canadian salmon are getting killed by these nasty creatures and farmers are coming up with creative ways to solve the problem we'll tell you what that's all about. it's time for business on the w. i'm how you know i guess thank you for joining us ryan air europe's largest airline by passenger numbers is canceling thousands of flights rather unusual incident for the otherwise we're liable carrier ryanair can't even say which flights will be canceled after wednesday and customers are demanding answers the airlines c.e.o. said they messed up the pilot's vacation it in a rare east but not everyone is buying that. around forty to fifty flights are said to be canceled daily that's a total of around two thousand flights by the end of october ryanair canceled the flights to cope with pilot shortages and to improve its punctuality record we can
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either run the operation with a fifty five sixty percent punctuality we farm or fly through options inevitably cancellations and huge past your dissatisfaction close to thirty five or forty percent of our customer base or we do what i thought last friday was the sensible thing we need to take out about fifty flights a day for the next six weeks while we have this crew we issued two thousand cancelled flights that means hundreds of thousands of angry customers but that didn't seem to bother ryanair it's not fair for the people they have. everything to because unlike base it's not properly that's right. what about the booming i've got no idea the budget carrier is bracing itself for a bill of damages totaling twenty million euros but analysts are doubtful that improving the punctuality record is the real reason for the cancelled flights rather ryanair could be aiming to grab as many of the landing slots still occupied
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by the now bankrupt air berlin if air berlin stops operations those coveted slots would be auctioned off but only airlines with a sufficient number of free planes for the additional flights would be eligible to bid. and of course we'll follow that story very closely to europe now where we know that with talks not making any real progress financial markets worldwide are looking for guidance they found it on monday when bank of england governor mark carney discussed his central bank's interest rate policy at the i.m.f. meeting in washington and sent the pound sterling down almost one percent. rexx it is coming and while some politicians in the u.k. still try to paint this as a positive for the country most fear the road ahead at the i.m.f. meeting in washington d.c. bank of england governor mark carney said bricks of this likely to hurt britain's
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growth prospects in the short term for him the negative effects of bracks that are clear. of any reduction you know openness with the e.u. is unlikely to be immediately compensated by new ties of a similar magnitude with other trade partners and even if those new agreements with other partners could be struck instantaneously the reorientation of business relationships will take some time. britain's inflation rate has accelerated this year due in large part to the fall of the pound since the referendum decision in june two thousand and sixteen to leave the e.u. carney expects more inflation however any coming interest rate rises would be limited and gradual a statement less hawkish than expected. the e.u. is economic chief has joined the chorus demanding american internet giants pay more and tax in an interview p.s.
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. they should pay their fair share and should be taxed the same way as other corporations late last week finance ministers called for an emergency tax on companies like facebook and google they accused them of basing operations and low tax countries giving them an unfair advantage shares in both facebook and google fell on wall street as the week's trading began and monitoring them for us is our financial correspondent on wall street yes call to yes hi good to see you know yes we've seen fines imposed by european countries in the last couple of months at least on facebook but they haven't really affected the company do you think they should be worried now. well so far it looks like those companies are not too concerned yet specially if you look at the european union to make such changes all of the countries would need to agree and we already heard some objections from company as from countries like ireland luxembourg malta cyprus the
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czech republic or denmark so it's going to be a long shot but still there is some talk about would it be tighter regulations also here in the united states on time of those tech companies and they did trade a bit lower here in the monday session so the companies are pretty upbeat and they're not the only ones yes despite political turmoil the u.s. markets seem to be quite unstoppable lately hitting records again this monday and you know it's pretty amazing we just passed the ninth year anniversary of the bankruptcy of lehman brothers now on monday we reached a new record highs and if you look at it from the lows that we saw after the financial crisis that was in march of two thousand and nine since then the s. and p. five hundred has gained almost two hundred seventy per cent and also blue chips the dow jones industrial average was a new record we will have the federal reserve meeting on tuesday and wednesday and well no news or good news we didn't get
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a whole lot of economic news here on monday and that was good enough to get another record here on wall street and see how that we progress is thank you very much and scott on wall street for the analysis and one of the list companies their u.s. car maker general lauder's is recalling two and a half million cars in china the cars faulty airbags provided by the japanese supplier takata the vehicles have to be taken to g.m. service centers for inspection to cut those defective airbags are blamed for eighteen deaths the world and have led to massive recalls announced a similar one just last week that got to filed for bankruptcy in june. and their backs won't be necessary in the future if all self-driven cars turn out to be flawless that's a vision for many of the world's biggest motor show currently taking place in frankfurt but cars without airbags are not even that strange compared to other concepts if you don't believe me ask john who went for
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a drive well sort of and body design dreams can lead to cars looking like spaceship inspired sculptures like this person he spends fish in tokyo it's unlikely to make it to any dealerships but there is that some of the single elements like the l.e.d. lights might show up on future models but the frankfurt motor show some concepts at least seem closer to reality this v.w. idea buzz is meant to evoke mr alger from the cars a conic ancestor but that one still needed keys to open. what's interesting here is that you have this call the yellow lighting when the car's in autonomy it's mode. when you have to take over the wheel yourself you vote with a push button. the light changes to white because then you have to wake up some concepts aren't even really cars anymore i'm told this flying prototype from air immobile is fitted with
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a parachute but even the more classic visions end up looking different when they do roll off assembly lines for various reasons regulatory limits are one changing market tases by the time the vehicle is ready for release is another and speaking of changing times some automakers develop concepts for a future of dwindling vehicle ownership like a ride sharing vehicle where passengers with similar profiles can journey together and no one has to drive. this is the smart vision e.q. for two those doors that were just so picked just now turn clear in case you do want to be seen and if we take a look inside you can see that there are no pedals and there's no steering wheel now a lot of concept cars don't make it into production this one is slated for production in twenty thirty that sounds like a long way away so we'll have to check back with you then. and before we go some and canada is threatened by lice and farmers are getting creative ways to deal with the problem. they are big fish weighing in at almost five kilos
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but a tiny parasite is mercilessly attacking them lice they attach themselves to salmon and feed on them rendering them useless as a food fish once controlled through pesticides sea lice have now grown resistant and new approaches are needed to keep them in check for farmers fishermen farmers and this is absolutely a farming issue. and we're trying to deal with it the same way every other farmer that grows all of our food what that means with all they have because this is about the very life they hold of the farmers and an entire multibillion dollar business on board that call the person that pumping ten thousand fish at a time into a solution of peroxide and water it kills most of the lice but also some of the fish. at center approach is this thermal removal barge fish come down
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a water slide while a warm shower knocks the lice off the farmers preferred method however to use cleaner fish to co-exist with the salmon and the lice do you think this is the way to go because it's non-chemical based. and we can get them from our waters and it is their natural habitat and it's quite easy to grow them whichever treatment farmers use time is of the essence farmers across the globe consider sea lice the biggest threat to the industry with current prices up as much as fifty percent over last years that means consumers are now having to pay more for their favorite salmon cuts. that was the only business thank you for joining us .
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