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tv   Business - News  Deutsche Welle  October 6, 2017 3:15pm-3:31pm CEST

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to move their illegal base outside of catalonia and there are so many other banks are considering to do just same as well as other companies so there is still concern here regardless of the fact that as a citizen seems to be a little step forward here towards deescalation maybe he's funny for char reporting from barcelona thank you funny. you're watching the w. news still to come the demand for organic food is growing in india's urban areas we'll tell you why. that story well coming up in business with monika. oh. dear son mia where does it come from to quality to munch off to is all of us copyright the. starting october fifteenth on the w.
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and online. crime fighters the new season of radio crime thrillers begins. in. motion domestic violence cyber crime and human trafficking for investigative cases that will keep you on your toes the crime frightens stories of the best idea ever so every young person needs to listen to crime fighters and share tell a friend tell a friend to a friend crime fighters don't miss it. at the. india has the highest number of undernourished people in the world experts say organically farmed food can help solve the crisis but so far the people who need it most cannot afford it. also coming up japanese advertising giant dentsu is
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fined for violating labor laws that led to the death of one of its employees the case puts the spotlight on john notoriously long working hours. welcome to day business starting with a look at europe's powerhouse germany fresh figures from the ministry for economic affairs confirmed the country's reputation for being a strong export nation factory orders at the end of august were up a whopping seven point nine percent. compared to the same time last year beating analyst expectations demand for products and parts made in germany was particularly high out side the euro zone now than strong economic data from germany should make alcohol market correspondent only bards in frankfurt a smile he's standing by the at the stock exchange will give us a big smile yes so factory orders in orders are almost eight percent that's that's a gift on the last trading day isn't it of the week. it certainly is and i'm sure
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it contributed to another record high in attacks here putting smiles on other people's faces as well here in the room alongside me the traders here also people watching the economy and the month on month number is also very high and it speaks for a very strong german economy now one comment by economists that i read it did say that because of the funny holiday scheduling here in germany trend may be a bit exaggerated but basically it's still a good base showing that there's all the reason to expect strong exports in the future to with these orders being high that's the business that's the exports that's the concern for of the future factored in there and providing a solid fund front foundation for the kind of share prices we're seeing here at the moment but i have another topic to discuss with you in just
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a moment so do stay put with us because we take a look at the aviation sector struggles and ryan alabang cripps east germany's abolition and monarch in britain the airline industry has seen its fair share of ups and downs and that's just the last couple of weeks and it looks as though all dutch turbulence might well be easy jet's gain in the british low cost carrier announced today that a summer of love with a record passenger numbers put it on track to reach the upper end of its profit forecast for the full year some four hundred and fifty seven million euros and it is feeling confident for the future pointing to what is termed a rapidly consolidating market that's business jargon for fuel competitors out there and it certainly has its eyes on the skies easyjet is expressing interest for assets from the caucus is a evelyn and alitalia which have both and to insolvency proceedings so easy jet the next big thing in european aviation only bats in frankfurt especially willie how
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are these easyjet ambitions going down in the home base in frankfurt the home base of left unsaid. in different ways with the left tons of people of course are looking with perhaps some trepidation of easyjet stretching out its reach for slots that will give the fans a competition and tons of might not be able to up its prices as much as it wants after air berlin falling by the wayside alitalia in trouble and easy jet a very potent airline a profitable one and it could provide the kind of competition that the other side of the picture the clients the customers the airline passengers would like to see to have prices keeping on being quite low the numbers still you said meeting the forecast of easy jet yes but the number actually was lower than in the previous business years one of the main factors the lower pound a lot of revenues coming in in the pound but costs. for the most part outside of
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the pound area outside great britain so a lot more burden there but all in all is each at a profitable airline not easy to achieve in these tough competitive times and that industry obviously just easy for easy jet it's in for emphasis thank you so much for this right. now spain's a stock market has come under pressure once again as the political crisis there is intensifying in catalonia the ibex spain's a main equity index lost almost another percent financial stocks are among the biggest losers and spain's fals launches bank bankers somebody'll announced it will move their headquarters out of the breakaway region of catalonia a bank which is based in barcelona says it's also considering a similar move analysts see that as a first sign that the push for independence could scale away big business.
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japanese advertising firm dentsu has just been fined for making employees work excessive overtime a court in tokyo ordered the company to pay five hundred thousand yen that's about thirty eight hundred euros not a lot of money considering that labor practices at dentsu came under scrutiny after a twenty four year old employee committed suicide in two thousand and fifteen the government later ruled she died of cattle she a japanese term that literally means death by overwork it's not an isolated case only this week japan's public broadcaster in h.k. disclosed that a thirty one year old reporter died four years ago after clocking one hundred fifty nine hours of overtime in the months before her death. so how does this work mentality impact japan's economy let's bring in andrea hang with joins us on skype from singapore. is is japan dependent on this kind of labor
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practice or is it just a cultural issue well when it really does boil down to the basics which a lot of japanese employees don't really put into practice you know long hours equals poor health and equals no productivity so really the economy is not entirely dependent on these over time i was there is this culture very strong culture of meeting the bosses their minds. without hesitation and out all the time and a lot of it does go on record ok well so it's not really that good for the economy and this fine i mean five hundred thousand yen some three hundred three thousand eight hundred euros four thousand four hundred dollars i mean will that change anything. well strangely it will will it have an impact on the industry but not for the reasons you think it is not a monetary cost not just a monetary cost for these employees but it comes also very grave moral cost the
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japanese pride themselves with a very strong work ethic and if they are found guilty of training to adhere to these new health regulations for their workers it will be a big hit for these companies all right address so the japan is going to do something about it the government already has already implemented some measures put some measures in place i mean really two things are sending inspectors to buildings to make sure that lights are to start now as also a lot of forcing managers to take get the employees it's their work home which in its early stages has shown some improvement in productivity levels among these workers right andrea hang in singapore thank you so much for this. india has the highest number of undernourished people in the world some say it's because the land is so contaminated with chemicals that the food it produces has virtually no nutritional value there's a growing trend now to introduce organically farmed foodstuffs but the process
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often beyond the means of poor people reporter kucha kepner is on the story in new delhi. in the heart of new delhi crowds gather for the sunday morning farmers market. stalls test and organic produce free from chemicals fertilizers and pesticides. and most of the customers belong to india's growing middle class some of the products cost twice as much. i would prefer to not spend much more money because i feel that this is something that we deserve and we should get and in fact i think the chemical bit is so bad that you end up spending more money for your health care afterwards if that would do it no good you don't get better broke for your body or everything as has come to the armory bitterness is that it would be a crime because the risk is going towards organic food you must be a reason for that so why do we have to go through the same cycle we first go to
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g.m. and then come back to organic. as an organic farmer who lives south of india's capital there's a bit of yours his career has taken a huge. seven years ago here in to software company but sold it to become an organic foma. because it doesn't sit on the body or dated not by money but passion he says decades of chemical you destroyed indian soil and he wants to help turn things around that is an absence of. life in the soil. rich fundamentally means that all you. can be don't have all the nutrients human beings need and. india's government gives to organic farmers that given empty promises and the money into the cities. but the number of organic farmers is growing steadily thanks to increasing demand from the cities on line i
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say organic now supplies ten thousand households with they offer around two hundred products including free two vegetables. poll found at the company in twenty eleven which now employs about fifty people. in the bosom of the building one of the biggest challenges in this young market is knowing whether or not the certified products offered by the pharmacy with all what they claim to be it is with. all made up to go beyond certification do our own quality checks and sort of make sure that the family selection the product selection process with those photos so. if a doctor is notification becomes more of a formality than actually adding value and making our lives easier. that's your business update thanks for keeping me company.
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