and another from him but i'd like to take the battle back goal love from willie or bone and an injury time strike from marcel haas and byrd made it three two but it was hard to end saka who were all smiles at the end. now is ikea avoiding taxes the e.u. launches an investigation ben we'll have the details for you coming right up in one minute. they live to serve. danger lurks in the water we were the four year old surfing waste and polluted water. basically in the

space of well as long as they back up over the asian goal of a film. is really decent it's sad to go somewhere every day and see more and more time in the scene gives me everything the way the winds have to give something back it's like you know blind choice. point waves surfers fighting against a unseen illusion the sea starting january seventh on g.w. . could twenty eighteen kickstart closer economic cooperation in the eurozone german chancellor angela merkel says she wants to find a common position with france on how to reform the common currency area. tax rebate is the way the e.u. launches an. best occasion into ikea's financial deals in the netherlands. and the

french finance ministry sues amazon for abusing its dominant position on the marketplace. also coming up a german tradition which is great for corporate culture and boosting staff morale how company orchestras still play a big role in germany. i've been physical and let's do business angle america has signaled interest in a closer monetary union in the european union along the lines suggested by france's president the german chancellor met with him out while mccoy at the recent european council summit in brussels both leaders hoping to have a unified action plan by march next year on topics such as common eurozone finance minister and budget go to medical says the litmus test of the plans will be whether the measures boost the eurozone economy. as mine as they feel are sinful it would

be important to come to a true economic and monetary union in the sense that our competitiveness is enhanced that research and digitalization become more integrated. that we achieve more of an economic convergence among member states and. we also have to talk about how institutions can be rendered fit for the future so they're capable of meeting the challenges of the future. and go back over there professor of economics at the frankfurt school of finance management horst lotion says it will be tricky to get all nineteen member states agreeing to create a yours a budget finance minister and banking union but he sees it happening because of germany and france has influence on the rest of the bloc. i think it makes sense because we have to see the euro is a kind of equalizers order to countries has to be more comparable and you do need

a current over convergence in the economic terms in monetary terms and inflation terms in competitive news and so forth or for that monetary an economic union can make make much sense in the euro area the european union has launched an investigation into ikea's tax arrangements in the netherlands e.u. investigators want to find out if two deals between the furniture giant and dutch authorities give the swedish women a legal advantage over other companies ikea is the latest company to come monday e.u. scrutiny for tax regularities so far the focus has mainly been on u.s. multinationals like apple and stop at its. let's rope in daniel cope our financial correspondent in frankfurt daniel how serious is the serious is this and how much could this cost ikea. well investors here are telling me that this could be actually become very serious for i keogh you remember that the european union

has been doing similar investigation also with companies like amazon for example and e-bay and in the case of apple apple had to pay an enormous amount of thirteen billion euros to the european union this would be hurting i very much as well but of course right now it's an investigation and we know how long those investigations of the european union can sometimes take let me actually share and share another very interesting fact with fuel band the european union is saying that because of those different tax models that companies are using in order to pay less taxes they are getting about fifty to seventy billion euros of last taxes every year. so a bad day for ikea it looks like a good day for the german dax the according to the board behind me daniel what's behind the rally is that christmas. well it really seems that santa is

coming downtown here to frankfurt that's what it one investor was telling me a little bit earlier you know we're seeing this big class and i was just checking in we are op here with about two hundred points at the moment and it's mostly again because of donald trump and this term today actually with positive news because investors are thinking that it is possible that he will get his tax reform through before christmas also we are getting positive numbers from the inflation rate the inflation rate is up with one point five percent closer to the two percent goal set by the european central bank ok stay right where you are daniel back to you in a moment i want to talk to you about this story as well bitcoin has taken another step towards the financial mainstream starting trading on the chicago mercantile exchange futures market on sunday but it received a lukewarm reception on its first trading day the price of a near month contract was down about five percent on thin volumes the listing comes

a week of the big can begin trading on the rival chicago board options exchange its first appearance on a major exchange. has soared in recent weeks rising twenty fold in value since the beginning of the year critics warn of a possible bubble bursting. what's happened to the bitcoin buzz. well actually the bitcoin boo's the still there the bitcoin in general even went up to another record of twenty thousand dollars but i know you were talking about the launch of the new bitcoin future at the c b o stock option in chicago you're right there we're not seeing the bruises we have seen it last week at the c b o e of the bitcoin there was even dropping it started at a level of about twenty thousand dollars and then went down to eighteen thousand dollars it seems that investors are a little bit monitoring this and really want to see it which direction all of this

is going to go ok the c.m.a. just to get it straight for our viewers the c.m.e. launch not as exciting as the c b o you know broke down you know we will talk to you later in the day thank you very much for the update this next case could cost amazon ten million euros francis finance ministry is suing the retail giant for abusing its market dominant position on its own platform the ministry says there is a significant imbalance in business relations between amazon and vendors selling products on its third party benda platform the case follows a two year investigation into such platforms and will be heard by the paris commercial court i was on has the power to modify contracts at a moment's notice demand shorter delivery time to lock deliveries while demanding additional corporate information from vendors. well here in germany amazon wants to roll out its brick and mortar stores like in the u.s.

it's said to be part of an international strategy so far the company hasn't issued a timeline. the corporate graveyard includes more than a few brick and mortar businesses slain by amazon most recently toys r us which declared bankruptcy this year yet watch additional businesses have struggled to match amazon's online presence customers haven't given up on physical stores far from it in fact close to ninety percent of all retail shopping worldwide is done in person a figure that also applies to the u.s. . economist represents about twelve percent of sales nationwide but there's evidence that it's kind of hitting a plateau that the amount of sales it'll produce shopping in person is even more common in europe where cash is still king and online buying not quite as widespread amazon may hope a physical presence can help when those store go in customers experts say its american bookstores allow the company to show a personal face and showcase its own products while learning lessons about customer shopping habits that could help online. there's some irony in amazon selling books

off the shelf as it was selling books online that first put it on the map and helped put some brick and mortar bookstores out of business but the retail giant can afford to experiment its online empire after all is only expanding the company that plays together stays together so many germans play musical instruments here that it's not unusual for large companies to have their own orchestras playing together is not just fun it also boosts team spirit. what you heard of vite complicates the but she leads sixty accountants engineers and i t specialists they have all swapped their computers for cellos violins flutes and assumes they are the s.e.p. orchestra maybe not as well known as the company's corporate software products but an important part of the business none the less. for what's common in the company

that wants to advance and be successful it is very important that people are in harmony with each other that they are able to work in a team and cooperate there's no in the world where you have to react so quickly to each other and work together so well as an orchestra. that's because each musician depends on his colleagues to achieve that perfect harmony they have to listen to each other respond at the right time and be well trained and prepared. that you have to practice if you want to get. school like. to. practice. and that's how it all fits together as sapient schubert bosch and yes the german

auto parts maker has its own orchestra in fact many of germany's largest corporations are. among them siemens chemical firm. and all of the auto makers b.m.w. and. german d.n.a. in germany it is a widespread competence to be able to play an instrument all those people playing an instrument are organized within the german music federation which has nine million members and that is more than the german football association and. that should make sure there's enough musicians for generations of company orchestras keeping the economy.

meet young entrepreneurs eager to tackle global challenges in our series founders valley. in this episode india a country that's drowning in plastic waste prohibited from inside and its new of

the. you know the for when it. meets people who fight for a cleaner india part nine of our series founders valley next on d w. freedom of expression. a value that always has to be defended and new. all over the world. are to a freedom freedom of art. a multimedia project about artists and their right to express their views freely. d.w. dot com to freedom. my first boss like i was a sewing machine. where i come from women are bones by this ocean to remember something as simple as learning how to ride a bicycle isn't. since i was a little girl i wanted to have them by cycle of my home but it took me years to

them but there's. finally they gave up and mentioned buying young by psychos but returned because sewing machine sewing i suppose was more afro create for girls than writing advice and now i want to reach out to those women back home who are bound by their duties and social rules and inform them about the basic rights my name is the amount of people and i work it's easy to. hear from mrs merrill i.