short lived celebrations diner clocks up record numbers but shareholders think it's all monkey business following revelations the german call make a run emissions test all monkeys as well as human striving its stock price down. also coming up the great wall of china just got a little higher as beijing begins its crackdown on v.p.n. is a case of state said it's a ship or a clever way to nurture homegrown tech. and if it doesn't rain in the next couple of months south africans will be left high and dry. this is your business update on how at home for a valid good to have you with us diana has just had its most successful year the german com maker sold more cars than ever before and chalked up its highest profit

we're talking close to eleven billion euros the road ahead doesn't look as good though with warnings of stagnating profits due to the hefty cost of developing new tech to keep up and the company has another scandal on its hands the question of those tests on monkeys and humans. the boss of diamond detail had some reason to smile twenty seventeen was the best year in the company's history with sales of three point three million cars but this week's revelations of exhaust gas testing on humans and monkeys cast a shadow over the shining figures from the start of the press conference in search of tried to clear the air so much for such testing goes against our values of time where we're going to find out exactly how this happened. this took up based automakers together with the german car maker has financed the no disbanded e u g t research institute dieter zetsche or tried to move on from the damaging allegations and refocus attention on the company's future he told shareholders profits would

stagnate while dein learn vested mess of lead in new technologies and yet are scoffed off from can be chef looks and will be using the earning power of our core business to powerfully engage with the future challenges our industry is facing we called this case that stands for connectivity autonomous driving sharing and ema billet so this is about nothing less than reinventing the concept of individual mobility of individual in mobility. on the frankfurt stock exchange the high costs of future proofing diamond didn't go down well the car makers shares were among the biggest losers on the blue chip index index on thursday nevertheless the company announced it would be paying the highest investor dividends in its history and dunn was one hundred thirty thousand german employees to receive bonuses of five thousand seven hundred euros in april that's also the highest in the company's history. now if you've been navigating your way over all under the great

far wall of china using a virtual tunnels known as v.p.n. looks like it's time might the experts say the government has no way to crack down on companies and individuals beijing wants them to use state approved software to access the internet with the aim of keeping a close eye on things. if you're in china trying to skype chat with colleagues in the u.s. think again what about surfing google or using twitter and facebook sorry game over the chinese government is banning all virtual private networks or v.p. ends these services help users to bypass online censorship but businesses also use them to move their data securely in an effort to calm fears the government has assured foreign companies doing business there that they can still access the internet using state approved portals. but many firms a nervous about exposing their data to the chinese copy this won't impact safety

that's because governments telecom companies just provide a channel a network they can't see any content on the network related to your company for businesses that follow chinese laws and regulations this is guaranteed constitution stipulates that citizens have the freedom to communicate and that corporate communications will be protected with. previously however comes at a cost many small and mid-sized companies are troubled by the usage fees for the state own software well over one thousand euros a month experts say that's more than smaller businesses will be able to shoulder in the long run. now facebook says it is concentrating on quality not quantity that says the world's biggest social media network announced results today that beat expectations profits were up twenty percent almost four point three billion dollars their shares fell sharply see mark zuckerberg saying time spent on the site

was down fifty million hours a day that says the media giant doubles down on its rush see remove click bait and increase meaningful interaction around the site or let's bring it on and on wall street now yes quarter yes of course most of big tech companies are now seeing their results today bring us up to date. yeah and just one more words to facebook quanta quality beats quantity so even with people spending less hours on facebook the stock new record high here in the thursday trading and now after hours we got numbers from amazon from apple from alphabet so that's the mother company of google and overall all companies especially amazon and apple on a first glance did better than expected but especially with apple this sold fewer i phones fewer i pads and also fewer make computers as expected but because they

achieved higher prices the bottom line was still better as expected still that stock under pressure here in an initial reaction after hours amazon on the other side was huge revenue beats expectations that stock trading heavily to the upside even if the stock has been up about sixty seven percent in the past twelve months and then alphabet so the mother company of google was. in earnings miss that stock also under pressure and microsoft also had numbers out better than expected so those five companies facebook microsoft apple amazon and google they alone made about twenty percent of the gains of the s. and p. five hundred in total in the past year twenty percent is not to be sniffed at so if we're seeing those giant tech companies spend those stock market records what does this send tell us about the state of the u.s.

economy because trump of course had been taking credit for those rallies. now well but i mean if donald trump is taking credit of the rally and specially of economic growth here in the united states we shouldn't forget that for example this tax reform is just starting so we can't have any effect on the u.s. growth yet but on wall street we have trade expectations and so therefore the u.s. president does have a certain impact was the recent rally here on wall street but as the numbers of those big tech companies are a bit mixed we will see how trading will continue on friday yen scoot in new york for us thanks for your analysis now two years after taking office cuban president raul castro opened the door to private enterprises in the communist countries states dominated economy the money came pouring in but eight years later on the verge of leaving office castro has slam the brakes on private business is raising

questions about the nation's economic path. abana is a popular destination for cruise ships and not all visitors to the cuban capital want to pay for state run towards many prefer smaller private run options but many cubans are concerned about current political developments in august the government instated a ban on setting up new companies the ban was necessary it said to enable new laws to be passed to curb illegal practices in the tourist industry. once those were in place the expansion of new companies would continue apace but that was six months ago and as yet there's no sign of progress many now fear the party is divided on the future of private enterprise. but we were all surprised when business licensing was suddenly suspended then in august many thought the ban would seem to be lifted and they'd be able to set up private businesses again but you now more and more cubans believe that there's some internal disagreement with the

government about the process of expanding prime businesses. cuba opened the door to small private enterprises in two thousand and ten the economy was in a mess and the government was forced to cut thousands of jobs self employment seemed to offer a solution a move that led to a rush of new small businesses from entrepreneurial street vendors to head dresses and bed and breakfasts but the cuban state still controls eighty percent of the economy and many now fear that any steps towards relaxing that grip may be heading towards a dead end. now if it doesn't rain in the next couple of months south africans will be left high and dry now it's certainly a very dramatic situation our water levels and dams have been falling dramatically over several weeks cape town for example is totally reliant on reservoirs for its water supply solutions and need it and quick. queuing for one of life's essential

has become part of everyday life in cape town and conserving it's a civic duty from february the first water consumption has been limited to fifty liters per person per day in germany the average consumption is one hundred twenty liters the only now having a plane we've been here for more than ten years this has been happening the dow has been happening for so long the only planning now. over the past twenty years cape town's population has doubled to four million and add to that of the two million tourists that come each year and it's no surprise that the city's more today and some skyrockets has wanted a barber to talk or down the hall to get a little it's tough but what can you do we all need the water it's a lot of shows. and we just go with the flow for most residents are taking the restrictions and mess drawing us if it doesn't rain soon in the cities will use

isn't drastically reduced by mid april the south african city could find itself in a desperate situation we've europe today with the latest from the walled off business i'm back tomorrow same time same place to. move. move. move. move move move move move. move move move move move move move move move. move move. move move move move.

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for god. to see the edge but. they have survived do they also have a future. i really understand people who say they don't want to stay here. but i also admire people who want to stay here and who decided to create something . new beginning in peace time for the people making it possible what needs to happen if tolerance and reconciliation are to stand a chance is fight and it shows once a really difficult complicated difficult forgiveness reconciliation forgetting they get stuck in your throat. culture of darkness cities after war. starting march tenth on t w.