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tv   Business - News  Deutsche Welle  September 24, 2017 3:03am-3:15am CEST

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coast city where rescue efforts are still underway following tuesday's tremors. new zealand prime minister bill english is national party has won the country's parliamentary election with forty six percent of the vote but that's not enough to form a government on its own the labor party finished second with almost thirty six percent . the anti immigrant new zealand first party could play the role of king maker after garnering seven and a half percent of the ballots. already. german steel giant to assen cope and india of tata steel have struck a preliminary deal to merge their european operations creating a fifty fifty joint venture if the merger goes ahead up to four thousand jobs could be lost i have a combined workforce of forty eight thousand to
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a single plant in germany on friday thousands of steel workers took to the streets in protest some fear these cuts are only the beginning. we're all very upset and worried about our jobs as you'd expect one plant after another is closing down they say our jobs are secure until twenty twenty but after that we'll be out on the streets. to find young people need a future that's what's important without jobs the city will die. the problem is that the workers have to shoulder the burden of the merger we're definitely opposed to us and if we can't stop the merger at least we'll try to get as many concessions to workers as possible. just unclip c.e.o. is defending the move in your line of mind if you can manage it if we continue on our own the risk to jobs would have been far greater and the restructuring would be
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even more extensive than under the joint venture. the fusion will help the two companies compete against cheap steel imports from china and the european markets. tata won't break the top ten of global steel producers they'll be better positioned in europe with a clear shot at second place bested only by luxembourg. markets responded well to the merger news with shares for both companies writing on the prospect of six hundred million euros in cost savings down the two companies compliment each other well tata is strong in industrial steel. just include in steel for auto manufacturing. ryan air europe's largest airline by passenger numbers has announced it will cancel thousands of flights through the end of october that's around forty to fifty flights a day with no guarantee that there won't be more cancellations the airline c.e.o.
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said this was due to errors made in the scheduling of pilot holidays hundreds of thousands of travelers are already affected the budget airline is preparing for up to twenty million euros in compensation claims at the annual meeting and dublin some shareholders gave vent to their criticisms the relationship with him and pilots in general and after the pilots are coming back to him and not meeting him halfway consolations are very unfortunate disappointing to have flights booked with minor i now know that they're. on monday the c.e.o. denied that ryan air had an overall shortage of pilots. that doesn't mean that from time to time we don't make mess ups and we do with this is clearly a mess up i take responsibility for the mess it is my mess up and therefore i have to clean it up. oh there he has said that he can force pilots to delay a week of leave in exchange for financial compensation. but many ryan air pilots
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have rejected o'leary's offer of this loyalty bonus instead many have signed their names to a letter demanding better pay and full employment contracts. rumors are rife about what's going to happen to air berlin germany second largest airline is bankrupt and looking for a buyer an announcement is due monday right now i looked on that easy jet on thomas cook's condo are the front runners so are layoffs around the corner the trade unions are calling for action. the situation for air berlin stock has grown very precarious we don't know it's a moment which jobs are really secure in the long term we've been aware for quite a while that jobs for administrative and technical staff don't seem to have any future. that's why both unions and the airline are demanding the german government
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set up a temporary employment agency to act as a safety net for air berlin employees left jobless after the dust settles they'd receive financial aid and job training during the transition period another sign that the airline expects it won't find an investor to take it on lock stock and barrel. it's bad news for london on friday the city's transportation authority said it will not renew the operating license effective october first the regulators said it concerns about customer security and safety and said the us started demonstrates a lack of corporate responsibility the right hilling service says it will try to overturn the decision with some forty thousand drivers london is biggest market in britain. taiwan's h t c has announced the partial sale of its smartphone business to google the u.s. company will shell out one point one billion dollars to gain access to some h d c
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smartphone peyton's google will also take over the lion's share of its r. and d. division half of the company's four thousand developers will move to google the two companies had a ready collaborated on the first next a smartphone. the bitcoin bubble may be about to pop banking regulators in china have ordered local crypto currency exchanges to shut down j.p. morgan c.e.o. is also not a fan and has called the digital currency of fraud over the past two weeks bitcoin has plunged some forty percent. that still triple of what it was at the start of the year critics say this could be the beginning of the end. the largest u.s. toy store chain filed for bankruptcy protection in the u.s. and canada on monday toys r us has taken a beating from competition with online shopping and discount chains the company has
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had to take on billions of dollars in debt in order to remain open for business. toys r us has some sixty four thousand employees worldwide. these days three d. printing is big news here lasers are printing a gas turbine component it takes just a day to complete the printed version is just a sturdy is the conventional one the found hope for institute in germany develop this technology for the company and diesel in turbo. if i was it. from my perspective i'd say we've reached a milestone. still we're just beginning the series production. there are things we still need to learn and to master process robust this is a problem with us and process quality control to us there are definitely a few things that we still need to do research on. enforcement officer. and
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a and diesel and turbo plans to use the three d. printed components in series production. the turbine consists of twelve separate pieces that's a lot less than using a former process and our production is faster and more efficient to. use even though. we've seen that this technology can reduce costs it allows us to integrate smaller parts into larger assemblies. and we can completely amid assemblies that we don't need anymore so the savings will be able to achieve our quite significant significant. including. the new components might cost a tenth more than conventionally produced parts but thinks the three d. printing the company saves around thirty thousand euros per turbine. beginning in twenty eighteen m. a n. plans to print the turbine veins as well they're investing two and a half million euros in the project even though they only produce five to ten gas
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turbines a year the new technology should pay for itself in the future the company plans to use three d. printing for other products like compressors and motors. the only limit might be the size of the component and its way exploring the technology for smaller and complex components right now that's where three d. printing technology offers many advantages and will continue to build large parts heavy parts conventionally in the future. when it comes to serious production this new technology is still in its early stages but in the future up to ten percent of m a n components might come from the three d. printer. on canada's west coast environmental activists and first nations people are protesting against fish farming and industrial fish farms raise hundreds of thousands of salmon in the region protesters have set up
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a common in middle of this farm and say they've occupied us they want to send out a clear message. where. we're done with this fish farm industry they have never had our permission to be in our territories and we've had enough or not allowed them to store our environment our waters take our salmon away from us worked on these guys need to get our money to get out now the occupied facility was built by a norwegian company marine harvest the largest salmon farming firm in the world it has sales of the ryan three and a half billion euros a year company representatives refused requests for an interview the industry is profiting from canada's new trade agreement with the e.u. which has eliminated tariffs that increased exports. but environmental activists say aquaculture is damaging wild stocks of the fish when wild salmon migrate upstream from the pacific to reproduce they swim right past the fish farms critics
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say that has spread disease and infection canadian authorities however play down the issue and say the cage salmon pose no threat to their wild cousins when atlantic salmon are actually put out into the ocean they go disease free they're raised in hatcheries a land base facilities and fresh water and we actually have a large suite of vaccinations that are given to the fish to guarantee that they're entering the water in a clean and healthy way that may be true but why are fisherman in british columbia catching fewer and fewer wild salmon many factors could be playing a role including climate change and pollution but most locals blame the fish farms for their empty lines and nets. worn into the season we knew it was going to be more warm and i think it's even worse than what they've been projected the way it has come in the. good in all this year not only this area but up in the northern areas has been weak runs through.
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the first nations activists are planning to continue to protest the industrial aquaculture facilities in their waters and say their rights are being violated even the coast guard is now involved and there's no end to the impasse in feist's. the numb to say the only solution is for the fish farm to shut down and that was our week in review. nationalists are on the rocks with morning glory to make your contract great you can use their slogan their focus put your nation first i am taking more trips to highlights different shades of nationalism and to find out what this nation mean to you.

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