when the week began it looked like the end for the airbus three eighty airbus was preparing to stop production of the world's biggest passenger jet due to lack of orders but by thursday emirates ordered up to thirty six of the super jumbos for a total of sixteen billion dollars on twitter the emirates c.e.o. called the a three eighty critical for his company and the united arab emirates to like to steal confidently where approaching the future and how determined we ought to forge ahead to buy wants to keep growing the become a world class destination aviation. airbus has manufactured and sold more than three hundred of the giant planes over the last ten years emirates has accounted for almost half those orders. but production lines were silent of late high fuel and maintenance costs deter potential clients leaving airbus without a single a three eighty order in over two years an end to production seemed imminent the latest deal puts new wind at near the a three eighty s.

wings airbus hopes that other airlines will follow emirates lead to. bigger was better at the detroit auto show. it featured di milla c.e.o. dietz etc with actor and former governor on all shots nigga unveiling the new mercedes g class s u v g twenty five s comic has vied for attention at the international show time lorenz's and then tie a theatre with a presentation. us comic has also showcased ever larger vehicles like the new ford ranger pickup brawny trucks and rugged s.u.v.s and generating fat profits spurred by low gasoline prices ford also introduced its midsize edge as u.v. which goes on sale this summer as you can see the hottest segment gets even hotter

with the new address take this as our most powerful s.u.v. ever. comic has pushed more trucks and s.u.v.s there are concerns that it could be too much of a good thing u.s. sales have already started weakening over production and over discounting of the new watch what's among analysts in the sector but those are words you're on likely to hear from the stage of the detroit auto show. folks. the new record for car sales in twenty seventeen despite the continuing fallout from its diesel date scandal that german car makers sold eleven million vehicles last year four point three percent more than in twenty sixteen many of them sold under brand names like audi and porsche and skoda the folks like in brand itself also saw record sales numbers growth in china and the americas offset lower

sales in europe. calling cryptocurrency lost as much as twenty five percent in a single day this week tumbling well below the twelve thousand dollar mark the dominant virtual currency had made huge gains in the past months but rumors of government regulation on trading in south korea fed volatility the e.u. also may be preparing new rules that would no longer allow those converting cryptocurrency to remain anonymous. protests in south africa forced swedish clothing retailer h. and m. to temporarily closed stores there the outcry was an expression of anger over a catalog picture criticized by many as racist. it showed a black child wearing a sweater with the words coolest monkey in the jungle. h. and m. removed the image and issued an apology. amid protests in front

of the greek parliament a slim majority of lawmakers approved a new package of economic reforms and spending cuts among the more controversial measures would limits on unions rights a strike six as well as speedy a property foreclosures and the bill's passage means i things will continue to receive international bailout money through august. after the vote more than ten thousand people demonstrate to the against the reforms athens has relied on by a lab since twenty ten to avoid defaulting. well it's loans now chris says it will stand on its own financial feet beginning in september. i on monday there were dramatic scenes at the jakarta stock exchange after a mezzanine walkway collapsed more than seventy people were injured including a large group of students who were visiting the building indonesian authorities

have ruled out an attack and said building failure seems to be to blame trading resumed later in the day in the twin tower complex which was targeted by islamist militants in the year two thousand. in what could be one of the biggest money transfers ever tech giant apple is moving two hundred fifty two billion dollars in cash from abroad to the u.s. it will also for its tax bill of thirty eight billion dollars that sounds a lot but apple is actually saving money on the transaction a year ago it would have had to pay more than double that our view is apple could have only been started in america and so we've always sculpt a deep sense of responsibility to give back in fact apple is profiting from the recent reduction of u.s. corporate tax from thirty five to twenty one percent books disingenuous or not now

the i phone maker is promising investments worth billions in the u.s. but could create twenty thousand jobs. the tunisian government said this week that it will go ahead with austerity measures that triggered violent protests in the previous week thousands of people have demonstrated in the capital tunis against tax and price increases the protesters also addressed high unemployment and corruption seven years after the tunisian revolution many question the benefits of democracy and. seven years have passed since twenty. i haven't and we haven't gotten anywhere so of course we're demonstrating. the. frustration is especially high among young people who've invested in an education many have no work and are waiting for a chance to leave the country. you can study study study and still not find any work while others who can see even read get jobs in the government like. the

tunisian economy has been weak for years the dinar currency drastically lost value over the past twelve months. corruption and nepotism are right a bloated bureaucracy eats up half of the state budget and the public treasury is exhausted for years the country has been dependent on international loans. on wednesday investigators in france raided the headquarters of luck telus one of the world's biggest terry companies they were there to find out how salmonella bacteria got into that infant formula the parents of babies who were infected say like tellus reacted far too late. or the cooler include we discovered that they wanted to compensate families before any legal work was done that would mean the end of judicial proceedings if you will but we will not give up on our complaint only because we want to know what happened we want those responsible to be

identified with this possibility is what we don't see the fair. luck telus began recalling the milk powder in december but apparently handled it badly for days it was unclear which shipments were tainted and which ones were clean what's more some contaminated product made it into stores even after the recall. the chinese economy looks to have grown by six point nine percent in twenty seventeen a rate of growth zero point two percent. higher than the previous year officials said the expansion was faster than expected so when the guy at twenty seventeen economy maintained that solid development exceeding expectations this means more progress towards building a moderately prosperous society we should of course be aware the challenges remain and the improvement of quality of the fish and sea and production remains daunting

. china's flourishing export market is one reason for its strong growth. the country's building boom has provided in additional boost. and not only are chinese earning more money than in the past they're spending it to consumption is on the rise benefiting the retail sector and the real estate market. companies are investing in production to feed the growing demand for goods from china. but the biggest investor is the government especially in infrastructure nearly a trillion dollars have been earmarked for the one belt one road initiative that's an ambitious project to develop trade corridors to central asia the middle east and europe. classic catwalk shows like this one by designer davi timeshift ski were the exception at the berlin fashion week. instead groups of designers focused on specific themes like

sustainable wearables the beach to exist part of reducing waste escape away screen ated in a fashion industry shouldn't go to waste it's a resource so you just have to be a bit cleverer about how to use it several of them at all but so is wearing waste the next big thing some designers seem to think so if these handbags made of dried pineapple leaves are anything to go by. my hope wrote that it's about getting our waste and getting the low end this way. it's not going to be another wakes so if biodegradable this might look like traditional chinese stresses but they're made mainly of recycled plastic by that want it so it's trying to come by the federal technique of a comment here out at the combine the traditional technique to get there the young designers here are relatively unknown but they hope to spark new trends. and give

one for we want to get the new generation of designers on. to absolve all these new trends so when they leave their schools to universities or the startups and make the move to the big companies they'll take these ideas with them and with that we introduce new methods woman to make their ideas a reality but the organizers hope the berlin fashion week could prove to be an idea factory for the global fashion industry. and that ends our roundup of the week's business stories.

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