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tv   Business - News  Deutsche Welle  December 2, 2017 2:15pm-2:31pm CET

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this is a do or die match for sugar another bad loss and the austrians time it cologne is surely up. britain's songbird has won the form of the east season opener in hong kong the virgin racing driver took the knees in the first half of the race which also saw him when he crashed into the great bystanders despite a penalty he held his nerve to secure a victory by eleven hundred seconds on kong will also host the second race of the season on sunday. that's your news up for now you are watching dude on the news do join us again at the top of the hour for more. every journey begins with the first step and every language with the first word published in the. week zero is in germany to learn german why not learn a hell of
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a simple online on your mobile and free shop from d w z learning course nikos big german made easy. g w true diversity. where the world of science is at home in many languages. on a lot of programming going there you know. now with our innovations magazine for. the hour from every week and always looking to the future fund d w dot com science and research for asia. bitcoin has had a surprising market run this year despite huge fluctuations and risks many are eager to get on board the bitcoin bonanza the world's largest derivatives market
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place the chicago mercantile exchange group plans to begin offering bitcoin futures by the end of the year. three hundred thousand users are reported to have recently signed up to the crypto currency bringing the total to over thirteen million but it's still quite hard to actually buy things with it a slew of trading platforms such as fancy dot com and fast tech dot com offer everything from armchairs to ferrari's and watches but these are peer to peer sales platforms you won't be able to buy a luxury car with bitcoins but they can buy you some things. there are coffee bars that will only accept bitcoin like this one in prague. and speculation is rife that amazon could soon accept bitcoin payment. with japan also recognizing bitcoin as legal tender it could be said the crypto
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currencies future looks good. however after surpassing the eleven thousand dollar mark this week bitcoins share price quickly drops twenty percent before recovering again with fluctuations like this the risk is always there. christmas is fast approaching bringing in the most lucrative season for the retail sector. germans love to shop and sales in germany this year are robust historically low unemployment and a strong job market have also been fueling consumption. since two thousand and twelve germany's most watched consumer confidence index has been on a steady upward trend reaching ten point seven points up from six points half a decade ago. germany isn't alone things are also looking rosy for france's retail sector consumer confidence levels in the eurozone second largest economy are high november figures beat market expectations marking the first rise in recent times
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surveys show that the french are more optimistic about the future and less worried about unemployment something worth celebrating this holiday season. that sees big company as one of globalization is a winners it produces fans in germany as well as china india and the u.s. and global demand is rising for employees worldwide are profiting a trend confirmed in a study by the organization for economic cooperation and development or the o.e.c.d. it shows that people in developing countries as well as an industrialized nations are profiting from globalization according to the study globalization can reduce unemployment in many countries and consumers like to spend money on products from around the world. the o.e.c.d. estimates the global economy will grow by three point seven percent in twenty eighteen that's up zero point one percent from two thousand and seventeen the u.s.
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the world's largest economy will grow considerably next year at two point five percent but eurozone growth will slow to two point one percent that's mostly due to bracks sets and the unresolved debt crisis in southern europe japan's economy will grow by one point two percent and china by six point six percent. experts predict strong growth for a major export or germany positions for skilled workers are rising that will help the country's refugee population where unemployment remains high. the o.e.c.d. proposes getting more women into the workforce that with facilitate an expansion of daycare centers in kindergarten. the o.e.c.d. is also calling for lower taxes and special tax breaks for working couples. protesters were out in force this week in brussels with environmental activists
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chanting their disapproval for the continued use of life is safe and pesticides in the e.u. . but they couldn't stop the european commission backed by numerous e.u. members from extending licensing for the controversial chemical for another five years critics maintain glad to say it is too dangerous i mean over all days like a major scientific on medical issues that are not totally like the mason evidence of all day on the environment but also we are growing at least seem like a huge will be over this independent evidence linking deficit with concert. the world health organization has classified life to sate as a likely carcinogen though other studies including by the european food safety authority are inconclusive. life a sate has been used to world wide and industrial food production for more than forty years. critics maintain there are other chemicals with the same benefits and
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fewer drawbacks. glyphosate is the active ingredient in the lucrative round of products produced by us c. giant monsanto. a company germany's is currently offering more than sixty billion dollars to acquire. the two sides appear to be close to a deal in britain's expensive divorce settlement with the european union and according to newspaper reports negotiators have reached an agreement in principle for the u.k. to pay between forty five and fifty five billion euros to the e.u. for its independence from the bloc. there was no official confirmation for the some but and e.u. commissioner said that there was an offer on the table. siemens is setting the stage for germany's largest i.p.o. in more than two decades europe's largest industrial conglomerate chose frankfurt
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over new york for the listing of health and here's its medical technology division which sells machines to hospitals and doctors offices siemens largest and most profitable sector is expected to go public in the coming year. black friday which officially kicks off the christmas shopping season was a big day for nintendo the popularity of its switch console pushed shares of the japanese game cell producer to their highest level on tokyo's nikkei exchange in nine years with the company's shares soaring over ninety percent and twenty seventeen. the handheld switch seems set to become a must have this holiday season. with. the schleck our brand is well known across europe at the company's peak entente schleicher operated fourteen thousand stores and thirteen european countries
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a portrait of the self-made german mogul hung in every branch of what was once one of the biggest family dynasties in germany. now a court and start guard has given the businessman a suspended prison sentence of two years. with his children however lars and micah schleicher will be going behind bars for nearly three years. once it became clear the schleck or that his company would go bankrupt he moved around millions of euros in the company money that the court says belong to the drugstore chains creditors. some of that money went to a logistics company belonging to entente slickers children they siphon millions from that company before it filed for bankruptcy that led to their harsher sentencing. that's because entente slickers fraud didn't amount to as much financial damage as his children's their fraud cause damages worth six point one
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million euros in total so they were given longer sentences than their father. arguably the biggest losers in this lekker drama are the company's workers. the bankruptcy left more than twenty five thousand slacker employees the majority of them women without jobs. the slacker children plan to appeal the verdict. foreign companies operating in china that employ three or more communist party members must allow those workers to set up a party sell for many years this was just symbolic but pressure is mounting on these firms to comply which has them worried about government interference. german companies see this as a real challenge because china is such an important market. some five thousand german companies have operations in china with investments last year
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up six point seven billion euros. carmaker faults of aa going to employees ninety five thousand workers at its factories in china and generic giant bosch has sixty thousand on its payroll there siemens has just over half that number. first of all i think you can set up these pardons cells always been set up by pardon and thus when there is the party members within the company then you can set up a party still i think the difference where would we have some examples is that they have been the companies have been actively approached to support that i think this is the difference that we are seeing i mean setting up pardon sales and also more influence of the party is not a completely new thing in china. beijing says the cells are meant to help companies better understand chinese policies and to settle disputes but the pressure from the chinese government is making it harder for companies to do business. a quarter of the firms recently surveyed pointed to legal issues and interference for not
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increasing their investments in china. this small van is packed with new technology that makes it possible to see what exactly an aircraft is carrying without having to board it its size and mobility facilitates customs checks at brussels airport. it diane i view this new scanner allows us to inspect the plane in detail from the outside that ensures both the quality and efficiency of checks without hindering the efficiency of airport operations if you just as a protest want to help. the new skin or uses reflected x. ray imaging to locate any smuggle products or explosives on board. that used to take an hour for a plane to clear customs in brussels which has seven hundred flights daily now it only takes ten minutes. that you know this is a huge priority because fraud is not good for the economy.
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but certainly also because we've learned that the funding of terrorist organizations comes partly from drug trafficking if you didn't. have it by example and it's a feat that where the new scanner costs one point two million euros funded mostly by the european union's anti fraud office. magical lights in the dark of night are they an illusion are they photo shopped you know they're how do most paintings with lights. the
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artist uses the messenger to bring new life to photograph. the. residential areas. got a real plague in cape town the. ritual fences are to protect the housing estate and acoustic her a trip for the impudent pieces. effective without stalling. a go at africa in sixty minutes on d w. meet the germans new and surprising aspects of noise and culture in germany. us american good news out take a look at germany it is increasing use of the traditions everyday lives and
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language i can just come out of my lungs and so i'm young good. like a fish big guy a d w dot com the germans. i pitied funny gave the don't think. toes and i'm a customer of. the famous potato.

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