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tv   Business - News  Deutsche Welle  November 17, 2017 3:15am-3:31am CET

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against the league's best home defense is a stage set for a thrilling match passed. and just one more item from tennis roger federer made it three wins out of three at the season ending a.t.p. finals in london federer took on american challenge in a rerun of the summer's wimbledon final and once again federer came out of the swiss came from a set down to win six seven six four and six one federal will play either dominic team or does he go far in the semifinal on saturday. thanks for watching you give you news. your children like chocolate.
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you can't live without your smartphone. your tomatoes the supermarket. as we go about our daily lives june writes often the last thing on one minds. invisible hands slavery in the twenty first century starting december second on d w. a controversial restructuring plan a german engineering giant will cut thousands of jobs in representative say they're not going without a fight. and we'll take
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a look at israel's thriving startup scene and why it has become very interesting for german carmakers. it's time for business on the w and for you to get us welcome to the program germany's zeman is officially announced that it will cut almost seven thousand jobs worldwide it's part of a far reaching restructuring program to reduce not profitable divisions however the company as a whole is actually doing pretty well right now so the unions are heavily criticizing management is it pure greed or a way to secure their remaining jobs for the future. the wide ranging cuts siemens workers of long feared to reality despite billions of euros profits the industrial giant is cutting thousands of jobs and closing plants around the world a total of six thousand nine hundred jobs will be lost three thousand three hundred will go in germany two plants in eastern germany will be shut down completely
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others around the country hang in the balance. that's been in this company a long time and never seen anything like this for plant closures one likely to be sold off and so many people affected it's a real body blow off from. the power and gas division is worst hit struggling to cope with the upsurge in renewable energy demand for gas turbines has tumbled drastically depressing prices and profits with production no longer economically viable siemens says it will try to avoid forced returned and sees as far as possible it wants to transfer affected workers to other vacancies within the company nonetheless the engineering workers union i-g. mattel accuses siemens of breach of contract and promises massive resistance to the plans. so the only news was out today in the energy sector twenty countries and two u.s. states have joined an international alliance to face out coal from power generation
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before twenty thirty eight the global alliance to power past coal was unveiled on thursday at the top twenty three international climate meeting in the german studio cold is responsible for more than forty percent of global emissions of greenhouse gases c o two the new alliance is committed to facing out coal sharing emissions reduction technology and encouraging the rest of the world to cut coal usage ironically host country germany isn't part of the alliance and time now for a quick check on the markets for that i'm now joined by our financial correspondent in new york at the stock exchange there so fishermans q hi sophie it's good to see you again well we've seen a day with rises in most u.s. markets after several days of consecutive losses what happened there. well different reasons here harvey about one of them is america's biggest retailer wal-mart they are one of the components off the dow jones and their stock today
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again nine percent soaring to new record highs the reason we're not only good but even better than expected earnings for the retailer who is not shy of picking a fight with the big rival amazon it seems to be working out perfectly for wal-mart they posted the strongest sales growth in almost a decade consumer safety was also pushed the s. and p. five hundred in positive territory so far this year stock market declines have been faultless some analysts expect this rally to last even another year and another factor that could encourage that is that the house of representatives in the u.s. just passed the tax bill reform plan was highly awaited of course how is that influencing the markets right now. yeah well here we have another reason for the current recovery because the tax reform just took a major hurdle of course that is not done yet but it's got closer to actually
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helping americans and businesses with lower taxes that is at least how wall street and companies have been interpreted this tax reform so far and with a low gimmick this reform and the tax cuts became just more realistic to pass the senate by repealing the penalty americans had to pay under obamacare when they chose not to be in short they made some room for tax cuts here no penalty probably means less interest people as there's no financial punishment anymore and less and to a people just means less subsidies to pay for the state all of that very closely together with you something in new york thank you very much. in face now with more than five thousand startups israel is considered a high tech country that's making it very attractive for german carmakers that want to develop self driven vehicles and need the latest technology mercedes-benz is now investing in a tech center in tel aviv hoping to jump ahead of the competition. russia stop and
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go in tel aviv but frustrated drivers could eventually become a thing of the past israeli start ups have discovered the digital automobile some five hundred eighty companies are working on the concept ronnie willing steen co-founded tech startup oryx vision are expressions technology is aimed at replacing drivers with algorithms radars and sensors. a sense or to enable autonomous vehicle detect. identify different kind of objects around. the car. israel's never had its own auto industry but our expressions concept is already taking shape at bar ilan university physicists here are developing the laser for an autonomous vehicle which identify objects in three d. as well as analyzing their speed and distance. israel's tech companies are well
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versed in cyber security and internet communications many of them have their roots in the defense sector none the less a digital automobile presents totally new challenges for example the billboard over there. for us as human driver it takes us fractions of seconds to figure out that this is a billboard and it's not a real man but the regular camera for a regular camera with a computer it's not a very. german car makers are also interested in cars which can do that kind of thing dima has just opened them a sadie's benz tech center in tel aviv it's a venue where the traditional auto industry and the high tech sector can cozy up. very we as a german kind of see all together very successful around the world and we were always faced with the question if we are sleeping if you missed the last latest
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trends. we haven't in the past but this should not allow us to lean back and say this will be the case in future as well but we have to be open and curious and learning from others as well and that's what we're doing in. tech companies like zero to normal a focused on all the data a modern car transmits the company offers a cloud solution how does a driver drive how fast how safely there's a huge market for that kind of data despite data protection regulations it's become highly relevant for the auto industry. across the world an increasing number of orders are connecting to the cloud but it'll probably be years before they're intelligent enough to completely take over the wheel from the human drivers. more than a million people have fled from south sudan to uganda the german government is helping them through sustainable farming projects but as it's shifts its focus it might not last forever. animals have long help farmers boost the
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productivity of their land the german aid organization the home health or world hunger aid has distributed hundreds of oxen to farmer groups in northwest uganda. with the oxen plowing is much easier if i can plough an acre in three hours with a hoe it takes. me. the locals are farming with the help of refugees peter yeah that's the projects and he says that the refugees fleeing the war in south sudan will be staying for years. it is very important if we respond in emergency that we ought to look ahead in the mid-term and long development for us it is important here in the in the rule areas to work with the refugees and the ugandans together to improve their knowledge in farming that they're able to produce food for themselves. there are
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only ninety thousand refugees spread over a huge area most of them are from south sudan gondor provides refugees with farm land aid organizations take care of the water supply. it's being coordinated by the united nations. peter yonder knows his way around german developmental politics certainly david be a shift in prioritize ation there will be certainly more money. going into the direction to prevent migration refugee migration and less. effort and focus would be on countries like thank you gun which. again as more than one million refugees to cope with one of the poorest countries in the word.
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but john does still has millions to help people to help themselves a group is overseeing ninety communities with thirty families each banks here are few and far between so each farming community has its own savings and loan association yonder says it strengthens social bonds and encourages entrepreneurship . before we go forward and domino's pizza have been testing consumers' taste for autonomy pizza delivery in future and won't renew your doorbell you'll get a text message instead your meal will come in a driverless car bristling with greater and sensors dominos is researching how consumers interact with an autonomous car but luckily some customers know at least exactly how to interact with the pizza. that was d. w. business thank you very much for joining us members always on the web on to w. dr next time take care.
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jake offline it will probably be the favorite at the world cup in russia no getting around germany or defending world and confit cup champions plus we had
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a good qualifying round the pressure is always there but i think in russia it'll be even higher. great expectations how do you deal with them and what happens if their dash. stores close down. kim and he goes house music. this time. with johnny love. jazz with you. and rock with cuts. grooves. with long double. every journey begins with the first step and every language but the first word published in the. rico is in germany to learn german why not learn it simple online on your mobile
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and free stuff from d w z learning course nico speak german made easy. germany state by state. the most colorful. the liveliest. the most traditional find it all at any time. check in with a web special. take a tour of germany state by state on d w dot com. we took our. son was the light of the game but he can come here because.

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