and have agreed to sell their star striker pyramidical balmy on to arsenal of the english premier league for some sixty five million euros the internationals netted twenty one goals in twenty four games this season for dortmund with his instinct in front of goal and some point character upon me and is one of the going to think is true superstar us. more that's right the coming hours first christophe is up with business. when i'm travelling to be comfortable. but i also want to stay up to date on the latest news events. and e.w. makes that part of travelling easy because it's available thousands of hometowns

resorts and cruise ships worldwide. or have you found the telling sign to send us a picture that shows d. w. your room you could have great price d.w. dot com travel quiz. to. see men so the spotlight first quarter earnings slump in one of the engineering giants most important sectors and protests are rocking the company's annual general meeting also on the program despite growing jobless numbers in january germany's labor market stays strong and how many of these jobs will outlast digitization and automation. this is good business i'm for still scoble welcome tough times ahead for siemens profit in the important industrial power. our business at the

engineering giant was down in the first quarter demand for products like gas turbines declined further that's one area where siemens is planning to lay off thousands of people and close production facilities here in germany the move has triggered widespread criticism and protests at the general annual meeting currently underway in munich because while cutting jobs in germany it looks like the company is towing president trump's line to boost investment in the united states. this was the scene last week as business leaders gathered around donald trump at the world economic forum in davos switzerland. zeman spouse joe kayser used the opportunity to announce a large scale investment in a gas turbine project in the u.s. we work that news hasn't gone down well in germany where the company's planning to shed thousands of jobs is even a spouse attempted to justify the cuts at the annual meeting of shareholders. claims that are plants and often. forward moving hymens good hits are fully

operational or even profitable are either a myth or relate to days gone by. that doesn't reflect today's reality. that. siemens intends to shed seven thousand jobs overall half of them in germany and mainly in gas turbine production for the workers whose jobs are on the line news that the company plans to invest in the u.s. has added insult to injury. for more let's bring in our correspondent standing by in frankfurt and daniel i see there are protests regarding siemens all that's outside the stock exchange tell us more. yeah exactly chris that we are standing right in front of the frankfurt stock exchange here and behind me you can see about two or three hundred employees because as humans has for direction facilities all around the country also here in the state of hassen where we are and

also in this a production facility they are very scared that they also could be the ones who might be losing their job i was reading some of the banners they are saying it's not just about the prophet it's also about us the employees they are also telling me i was talking to a lady a little bit earlier and she told me we are the employees that made the men's soul . strong asked the company and now they're feeling they're fearing that they are not any more used than they are really scared that they could be losing their job and meanwhile the seam in general meeting is underway in munich one of the main talking points there. yeah exactly they also monitoring at this meeting a very closely and they are also saying that they don't understand why they are actually have to fear that they might be losing their job because i want me to look at the overall performance of siemens and this is

a good moment it's actually very well of course that a gas turbine business is giving investors and the company some headache and what is making the workers he even more mad that there are plans to even extend and even to make the gas turbine business in the united states bigger and that's why they are clearly saying that this shouldn't be the case and they should be focusing also more on their employees here in germany and you cope reporting from frankfurt thank you. now the traditional winter slowdown has affected germany's unemployment figures the country's employment office says two point five seven million people wear out of work in january that's one hundred eighty five thousand more than in december those working outside have been particularly affected by the weather has that construction farming and gardening companies to cut jobs top of that increasing numbers of migrants are registering as unemployed but it's

a different story another sector sturman is desperately looking to recruit more engineers teachers and doctors. overall the job market in germany remains unsolved condition with unemployment figures at low levels the future may look differently though us thanks to automation and digitisation machines are taking over a growing number of tests. intelligent machines such as this one can already do a lot like here a technology could bosh where they play a key role in production there are kind of specialized skilled workers so to speak although someone has to keep an eye on them but nowadays it's the machines doing the dirty work. fourteen percent of workers in industry are afraid that their jobs will be replaced by automation according to the institute for the future this concern is especially prevalent among information and communication technology workers at seventeen point two percent in the finance and insurance sector that

number is thirteen percent however in education and other social fields it's only seven point seven percent. that's not surprising because empathy and social skills are difficult to program it's unlikely robots will be looking after toddlers any time soon there are some things they simply can't do at least not yet . all twenty seventeen was the best year for german retailers since official records began the country's statistics office as an expanding economy and growing online business soar retail sales growth over four percent but most of all good news december turnover fell almost two percent compared to the same period and twenty sixteen analysts say that could be because there were two fewer shopping days but internet sales were also down slightly. now you may or may not have

a samsung smartphone but no matter what brand many phones are full of samsung chips and that is what's driving record breaking profits at the south korean tech giant samsung galaxy smartphones may get all the glory revenues there were down slightly thanks to increased spending on advertising but the less glamorous memory and processor chips are where the money is fourth quarter earnings jumped seventy three percent to around eleven billion dollars on top of strong demands and simpson says it expects demand for these chips to remain strong. british prime minister tourism is in china hashing out new trade agreements or trips part of efforts to steal the british economy for when it leaves the european union in twenty nineteen joining is made during her meeting with chinese premier league. brit fifteen

british business leaders the nation's exports to china have grown sixty percent since two thousand and ten and china is now one of the biggest foreign investors in britain to resume is keen to keep up that momentum after breakfast. to romania now and a development that is putting a lot of pressure on people their employers no longer need to contribution to their workers' social security payments instead a new law requires workers to give up more than twenty percent of their salary to fund the contributions themselves. this computer controlled lathe is precise to the millimeter it costs more than one hundred thousand euros romanian entrepreneur body can afford it he says because his older situation is good and his company is growing but company employee maria chris hughes situation is different the new law requires workers to contribute more than twenty percent of their salary into social

security payments employers are now free of that obligation. but for maria and her work colleagues that means smaller take home paychecks. to most people don't like the government's decision. why should we pay for everything with our meager wages. most people find the situation unacceptable. big protests have been ineffective so far the unions here are weak the economy in western romania is booming though there is full unemployment in the tennis war region where with help from the e.u. there's been major investment to expand industrial parks. this has attracted foreign companies and created many jobs. however the expansion of. cities and municipalities is also creating potential problems. management.

the redistribution of the tax burden onto the workers is costing municipalities. as long as it was the employers who covered the money remained in the. company as a registered and. it goes to government coffers in bucharest. the government gets to decide what to do with those funds. the official line is the move was implemented to contain. security but the workers who are being squeezed. businessman. to maintain his employees through commissions and bonuses. will be to ensure that workers. to maintain their take home pay levels. making it hard to replace dedicated

employees. may need to take similar measures. and that. that. meeting. we've we've

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