paris agreement have increased the feeling of unity among the other countries. many feel it is now time to take action the results of climate change are becoming more and more dramatic and not only in fiji. coming up ahead and news apple's bumper crop the tech giant fay's demand for its new i phone is off the shops on its first day of sales will soon become the buzz first trillion dollar company. ventures into my business there still have that story and other business deals coming up shortly. frank food. international gateway to the best connections self and road and rail. located in the heart of europe you are connected to the. experience outstanding

shopping and dining office and try our services. biala gassed at frankfurt airport managed by for. what does a football loving country need to reach its goals. we'll tell you how to german soccer made it back to the top. in our web space w dot com. football made in germany. the world's most valuable brand ops its valuation record profits and its latest i phone bring the tech giant closer to the trillion dollar. and trump multimillionaire pick the fed chief drug power could just be the richest person to

ever fill the role. i made physical and that's the business a decade on and the i phone continues to draw crowds the latest version the ten is expected to break sales records and apple profits last quarter now put the american companies market capital most nine hundred billion dollars. the images are practically identical all over the world there's a countdown customers burst in when the doors finally open like here in tokyo they put down a pile of money and leave like this student euphoric. i think i want to go home and get some rest and then enjoy the phone. the latest i phone has an edge to edge display and uses facial recognition technology. but otherwise it

doesn't seem to be the huge technological leap forward that apple claims even so it costs around one thousand dollars in the u.s. and up to half again as much in japan china or europe that makes even the biggest apple fans think you know if you've got samsung sewing it's the same thing and about forty to fifty percent less than one half was charging apple has a good marketing and a good brain and that's really what we're paying for everyone's paying for the brain and everybody knows. how long can apple keep it up competition is growing samsung isn't the only challenger chinese manufacturers like me and huawei are also fighting for a slice of the pie. in the future i phone still don't have enough innovative main features than innovative chinese producers will bring apple down in the past the product research and development skills of chinese producers were copied from apple but this is changed chinese producers are the first to produce the full screen for example and they emphasize more quality and photos now apple is looking more like

a chinese producer that could be but until now that hasn't made any dents and apple's bottom line there were so many orders for the i phone ten that the computer giant has already confidently forecast record sales in the run up to christmas. it's all about all those records with only bought sell financial correspondent in frankfurt only close to a trillion u.s. dollars is apple really worth that much. yeah the shareholders seem to think so and when you when you see the lineups in front of the store incidentally there was a lineup in front of the frankfurt store as well quite a big one and fact and people overnighted it in the effort to be among the first to get a phone then you think there is some justification to that there are no lineups for the new samsung or. telephones or sony telephones and that shows in apple's profits it's just a hugely profitable company when you take the p.

e. that is the price earnings ratio that's important for the market that means the share price in relation to the profits then it's a high number compared to for example industrial companies but still in line it's high but it's justified when you look at the expectations that the company will deliver even more for example through a good christmas season i heard about a crazy ozy who was camping out for at least a week how much of a threat then would you say apple's chinese rivals are. i think they are a threat they surely will be getting better but people have some been saying that the competition has been a threat for a long time samsung sells more telephones but still apple is up there with the market valuation and the profit and the hype and the story having said that there have been technological giants before which you don't even remember zenith or

r.c.a. television sets back in the sixty's who remembers not nokia was once the world number one in phones it can go very quickly in this market if customers lose confidence and and that's this hoping for anything in particular for christmas. actually i'm mulling over getting a new phone my my phone is a few years old whether it's an apple i have to think about that. i think the main thing is a few nice days with friends and family first and foremost that's the most valuable thing you got to right there at the stock exchange thank you another job for president donald trump's rich mates the new fed head next year will be power and exotic confirmation he'd be among the wealthiest to lead the u.s. federal reserve documents pages fortune at fifty five million dollars because he was double that power is not a trained economist but he's expected to back trump's the regulations right u.s.

president donald trump considered five names including current fed chair janet yellen before choosing powell who has served as a fed governor since twenty twelve a soft spoken centrist powells name has been circulated as a top contender for over a week. as president there are a few decisions more important than nominating leaders of integrity and good judgment to hold trusted positions in public office and few of those trusted positions are more important than the chairman of the federal reserve powell sixty four has a background in law and joined the fed in two thousand and twelve he supported janet yellen store action in setting monetary policy and stepped in line with her post financial crisis plans even helping to develop them. inside the federal reserve we understand that monetary policy decisions matter for american families and communities i strongly share that sense of mission and i'm committed to making

decisions with objectivity based on the best available evidence in the longstanding tradition of monetary policy independence powell will replace this woman as fed chairman janet yellen she succeeded ben bernanke in twenty fourteen under previous u.s. president barack obama i think she could be seen as one who kind of carried the torch and continued the bernanke doctrine and his way and did a great job and terms of communicating policy and tensions and telegraphing those moves to markets so why is trump breaking with tradition and replacing the fed chair after only one term experts agree that yellen led the fed with a clear vision and concrete results but the president wants to get rid of an appointee brought in by barack obama although trump needs a yellen style fed he needs it without janet yellen which makes powell the perfect

choice for the job catalonia drama continues not only for the people but also companies in the region the government has announced and you will lections to catalonia which could bring back some stability but the reality may still be a different one. the demonstrators in front of the catalonian parliament were angry and things look set to get worse for businesses before they get better there's talk of a general strike in the coming days german business owners here are nervous. things have settled down a little which is a positive development for our businesses but we don't know how long it'll last the arrests are of course a disturbing factor we'll have to wait and see how the population reacts. hamas is keeping a close eye on things the head of a company that produces plastic products is also angry about the detention of catalonia and lawmakers even though he's happy that the situation is calmer at the

moment. business people here have had to cope with the insecurities that the situation we've gone through some tough moments. it looks a little quieter now but the unrest could continue we can't rule that out. the desire for independence that's gripped millions of company lines is also supported by thousands of business owners but despite broad support for the idea they aren't happy with how the region's government has gone about it. business people feel a little disoriented at the moment when it comes to independence because in the last few years we were expected to trust separatist politicians that wanted to set up state authorities and entities. so we gave them that trust. but now what we're seeing is that they didn't set up any authorities an entity.

the biggest company in catalonia and its leaders say the carmaker just wants to build vehicles there defending their right to remain out of the fray in the face of new government measures works council head carneiro this firm on that. pressure from the royal family ministries politicians it needs to come from them that's what they're paid for they should let us build cars in peace that's the thing that we do well. both carneiro and ramos have high hopes for. the elections on december twenty first the businessman hopes that spain's federal government will be in a more compromising mood he hopes for more concessions even if independence is off the table. and what's important is that they help push madrid to give us catalans more self-government and. that's a wish he doesn't believe is likely to be granted. and briefly in

a commercial flight landed in the german capital for the last time last week when the bankrupt carry officially halted operations now the first of its planes bought by rival. is being repainted announced on twitter that this propeller aircraft will soon be hitting the skies for its subsidiary. but it's taking some time to get all its planes back from all around the world one of them only landed back here in germany on wednesday evening for two weeks it was stranded in iceland the reason well the line hadn't paid off writing face the airport. i'm doing business with you i'll see you again very soon here in detail.

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