the true cost of emirates decides to buy twenty from a previous will be in the top topic i'm going to review . freedom and home. where i come from rich history. this makes it especially difficult for and. i see many. who are now making a name for themselves. along the way might follow. with continue. their experience of freedom. is like the

unions. you can visit but you call come back. my name in news from florida and i work. is on cloud nine emirates signs a deal to save the unpopular a for you eighty but how long will it keep the double date when the. apple wants to pay taxes donald trump you waste tax reform spots the take giants move to call what could be the biggest payment on profits for patrick motor city and the chinese surprise the world's number two economy defies expectations with its first annual growth spurt in years but is the dot adopted. and did fizzle and let's do

business emirates airlines has announced it will buy twenty eight three eighty super jumbos with an option to purchase sixteen more the deal is worth sixteen billion dollars and comes as a big relief for the european aircraft make it earlier this week. admitted the a three eighty program would have to be discontinued if a deal with dubai based emirates didn't happen soon. largest passenger plane in the world has proven to be too big for many carriers turning into buses proudest project which one night man for the company. because a hobo always has one eye on the sector but i bet he's still got your full attention it does indeed this deal gives airbus flagship product a lifeline one of the most visible visible industrial projects that europe has even overseas and i mean you said it there has been the announcement has

been fears that the a production line would have been discontinued without this deal even maybe even earlier than then than twenty and twenty four why was that because we were talking about a deal being done weeks ago and it was then suddenly backing out and now this change of heart it is all very confusing well there have been weeks of tough negotiations from from what i hear and there has been no specific reason given why there has been this change of heart i mean we have to see the deal is officially worth sixty billion dollars now rebates in that category are very common so i would assume that the price tag is much less hefty than what somebody would think here and also air bus or rather emirates had said. the engines of the three eighty needed to be more fuel efficient and now airbus has agreed to say ok we'll

look into a new engine option here because because profit margins in the airline sector are so thin and then you've got to think about the profitability of these giants that you're putting into the show you're getting more passengers more people on buying tickets bums on seats but if the fuel is going away those modules then maintaining a twin engine aircraft is always more efficient than having to maintain a four engine aircraft can you tell me then why it's so reliant. on emirates it's basically it's so custom yeah that is true the the a three eighty four the a three eighty indeed well the a three eighty has been built for a market that we have to understand has not come into existence yet the idea by airbus was we make this plane this gigantic plane transporting a lot of people from one busy airport to another one where slots are at a premium but that didn't really come to into existence instead. airlines have resorted to flying people from secondary in-between secondary airports that way

making travel easier for four passengers even at the expense of seats you know transporting less people but again in planes that are smaller the easier to maintain and easier to operate now emirates network is basically built on these large hobs that that that it services but the network of other airlines most other headlines looks much different so you'd say it still fits emirates portfolio basically all the way it does business it does it does but as you mentioned emirates is the biggest customer they have been about two hundred forty plus three delivered more than one hundred of those two to emirates and being the biggest customer obviously gives emirates a lot of power ability to apply pressure here and this is also a big plus for airbus it says shooting up to record highs today that's right as we heard the program being able to be continued at least ten years and that gives

error bars a timeframe hoping for a market which hasn't caught on the chinese market opening that. is an operation for only you know minimum margins in china by then we'll make it to china as a whole but thank you. apple's been slashing or stashing cash i should say abroad for years now to avoid higher corporate tax rates at home u.s. president donald trump's cuts of change that now the tech giants are bringing back that money to invest in the united states and save on taxes it could be one of the biggest money transfers in the world take giant apple is moving two hundred fifty two billion dollars from a broadcast to the u.s. the company is set to face a tax bill of a whopping thirty eight billion dollars sounds like a lot but apple is actually saving money on the transaction a year ago it would have had to pay more than double that amount. apple c.e.o.

tim cook says the company is proud to build on its long history of support for the u.s. economy. now the i phone makers planning investments worth billions in the u.s. it will build a new campus and hopes to create twenty thousand jobs. most of the money apple is moving comes from ireland where corporate tax rates are even lower but efforts by the e.u. to harmonize corporate taxes across the bloc have made the situation uncertain so a recent reduction of u.s. corporate taxes from thirty five to twenty one percent is more attractive. new figures show the chinese economy gained steam last year the first annual increase in seven years gross domestic product grew by six point nine percent that exceeded economists forecasts and the government's target. the chinese economy is coming back around thanks in part to robust exports above all to europe and the u.s.

investment is also bolstering growth beijing has been spending a lot on infrastructure from roadways and railway networks to housing projects. the head of china's national statistics office said last year's expansion amounted to stable development don't look at any generally speaking in the twenty seven economy maintain the stable and solid development of the past exceeding expectations this means more progress toward building a moderately prosperous society we should of course be aware the difficulties and challenges remain and that the improvement of quality and efficiency in production remains a daunting task the chinese government has been working for years on broader structural changes to investment practices the state let expansion policies of past decades are to give way to a more resilient consumer driven investment model buoyant consumer spending is already spring grove a sign that the government is on the right track. are they on track daniel cope

that's a question for you and frank what what the traders think about the stellar numbers they often do question their accuracy. well very well then who would ever question what the chinese government is saying but yes you're right investors always have some doubts about what they are saying because you have to keep in mind that china is such a bigger country for someone you know compared to germany but at the same time the chinese government is always providing those numbers much faster and what the chinese government is always doing as well they're always saying well we're estimating that our g.d.p. figures are going to be between let's say six point three and six point nine percent and the result at the end is they're never be low they're either exactly the same or even higher and that's also what's sometimes making investors really questioning if those numbers are accurate because that aside can you gain from all

of this if if china is successfully transitioning as it wants to from cheap exports to fight it. well that's exactly what china ones they don't want anymore that this image of made in china is still you know being compared with cheap products but china has a problem there pretty much two economies to production inside of the company one that is really a growing very fast they are producing very good products they want to be number one when it comes for example to produce chips for cell phones or computers on the other hand there is still a booming business when it comes to those duplications that china has been accused for for many years and that the and then again hurting and harming the image of made in china again is the two sides to the story two sides to those results from twenty seventy what about twenty eighteen how do people where you were see the year ahead for china. well they're estimating pretty much also what the

chinese government is saying that they're also thinking that six point five percent could be the g.d.p. now for two thousand and eighteen and they're actually happy with all the numbers because a growing economy in china also means in many cases good business also for german companies volkswagen for example just announcing yesterday record numbers they are also benefiting from this very much a growing china with a new record sales in china for the company as well that you cope with all that analysis for us from franco thank you. the c.e.o. of france's pays your car launched. the car make a plans to reenter the u.s. market the p.s.a. group subsidiary would take full advantage of resources a german comic opel which it acquired from general motors last year and acquisition gave it access to engineers who designed the g.m. the latest sold in the u.s. would lift the american market two decades ago. and german discount illegal is off

to a poor start in the u.s. its first year there the company has only opened forty seven markets this than the supermarkets rather less than half of the one hundred that were originally announced only twenty more are expected to open this year little says many of the locations it take to are unsuitable because the stores are too big and too expensive and sales have failed to meet expectations. i stayed in business with the. coast. to. coast.

to coast. to. coast. more intrigued international talk show for journalists to discuss the topic of the week germany is still struggling to come up with a new government office september's inclusive election will chancellor merkel managed to form a coalition to follow the people of germany be sent back to the polls join us on quadriga to find out just. quadriga next on d w. when i'm travelling to be

comfortable. but i also want to stay up to date on the latest news events. and e.w. make some hard a trial like. this because it's available thousands of her talents resorts to ships worldwide. or have you found a dummy sign. on the subject or. it shows the w. in your room you can break drives d.w. dot com travel quiz. they make a commitment they find solutions. they inspire or. africa. stories about people making a difference shaping their nation. and their continent africa.

stories about motivational change makers taking their destinies into their own hands d.w. knowing multimedia series. d.w. dot com africa. alone a very warm welcome indeed sue quadriga coming to you from the heart of girl lane and says germany still doesn't have a government months after september is inconclusive national election in the latest development anglo-american holes conservatives and the social democrats agreed in principle on a blueprint for forming another so-called grand coalition but that deal must still get the approval of the skeptic.