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tv   Business - News  Deutsche Welle  February 2, 2018 12:15pm-12:31pm CET

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sure congress should undergo squarespace website. yes very good stuff but bottom line chris october will have all the details of coming up in just one minute. by endorsements shoka like say the biggest favor teams we've got all the best goals we've got all the taxes go up what is legal right here. c.w. is the home of german football shared period every man. woman just legally
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every weekend here on w. . bush by the germany is a strong country. that we have achieved so much we can do this and do something henderson says we must overcome it. going where it's uncomfortable global news that matters w made for mines. another bottom line in the red bank posts a loss of more than a half a billion euros for twenty seventeen management says the us tax reform and weak market sentiment are to blame but why is the banks still handing out large bonuses also on the program with us tech giant report mostly stellar quarterly figures but
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is america's tax reform also spelling trouble for alphabet and with super bowl fifty two kicking off on sunday companies and t.v. viewers prepare for a new advertising extravaganza. the state of your business i'm christopher colbert welcome germany's biggest lender bank suffered a third consecutive year of losses and twenty seventeen the bottom line being five hundred twelve million euro zone the red so what is going on there well for one banks got a major image problem just in the past days u.s. authorities find a combined eighty million euros for market manipulation before it had already paid out billions after a series of scandals related to its mortgage business c.e.o. john crying took over in twenty five twenty fifteen in the hope of turning the banks futures around but three years in crime only post a loss it's still his report of the planning to pay out almost eight billion euros
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in bonuses this year that's true i hear from the german government which urged the bank to consider what impression that would leave among the general public bunch of bank's board of directors has been giving its you on last year's earnings here's what c.e.o. john cryan said. this is yes it is the third loss in a row. for however it is also first pretax profit since twenty fourteen shots at some just cretin. only without the one of hit we took as a result of the u.s. tax reform we'd now be reporting a net profit of almost one billion euros. so john prine giving some explanation for the largest loss last year in german of all things an hour for some more analysis let's bring in our correspondent daniel cope who is at dodger bank headquarters daniel is the just the impact of the u.s.
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tax reform that is hitting the larger banks bottom line here. well jon cryer was very clear that those numbers are certainly under the expectation they were really hoping for more mostly of the fourth quarter was very difficult for georgia bank and yes there is saying that is this is mostly because of the tax reform in the united states without the tax reform they would have made nine hundred million euros but also he was saying that even this would not have been good for the bank as well they are also saying that the market environment right now is very difficult because of very low interest rates he was also stating that the investment banking sector was really suffering because of low volatility in the market so he is clearly under pressure when he came here into office he was supposed to reform the bank all those reforms have been taking a very very long for two thousand and eighteen he is now saying that he's hoping to
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bring the bank finally back into the winning zone if john cryan and dodger bank for that matter continues to struggle why is it handing out such big bonuses. yeah he has been criticized by that a lot we just heard it also from the german government he has now been saying that this was only a one time bonus that they were paying they were pretty much scared to lose their investment bankers without paying this bono's a true of their competitors he has been now saying that in two thousand and eighteen this is going to be different that the bonos is supposed to be reflecting again more how the bank is actually doing so saying that this was only a one time thing and it will be treated differently this year and you hope in frankfurt thank you so much. and dodges and your results are not going down well with investors dr bank shares shedding more than five percent at the frankfurt stock exchange another firm hit by the u.s.
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tax change google parent company alphabet which blamed the reform for its quarterly loss of three billion dollars setting aside eleven billion dollars for taxes as it brings profits home without that alphabet remain highly profitable driven by search advertising budgets looking for new sources of income among them life sciences cyber security and self driving cars. apple on the other hand has yet again had a record quarter making a profit of twenty billion euros in the final three months of last year better than expected sales of the recently released i phone ten cost revenue to soar but the models have to price tag has helped obscure a trend likely to be worrying the company sales of i phones overall were down compared to the same period last year as life becomes ever more complicated and digitized consumers are crying out to get in touch with the simple design in the real world buy them watches furniture even mattresses here in berlin
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one man is following a century old family tradition making mattresses out of yes horsehair setting himself up against a fifteen billion dollar industry. it's a craft which is all but died out yet don your hand is continuing his family tradition into the fourth generation mattresses handmade bespoke. a far cry from the synthetic products sold in most shops these days daniel makes them with traditional materials meaning his wares are stuffed with horsehair each mattress needs at least forty horse tails forget complex aspirational branding so common on the big businesses daniel has one dream to remove the clutter from sleep . so to to have a very pew experience to really try the way so there is nothing there's no lining or it's nothing in between so it's just what it is and this makes things thimble
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and i think sleep should be thin people. beautiful. don't you go to daniel carefully select his fabrics from weavers around the world getting the detail right is crucial from hotel years to architects his clients have a keen eye for design he's currently developing a style to suit the tastes of potential middle eastern customers but he's also letting the outside in the future of the mattress making trade is under threat so he's passing on what he knows. it's very hard to find new craftsman because it's a dying art and. so they're just five or thinks people left in europe it came up to me how can i bring all this craft to a new generation. initiated a charity project or to integrate the maker and coming to terminate
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and we work together on small pillows and the project was called prop protect project martha so i think this kind of thing if you really inspired people then the the best way to. to to keep craftsmanship alive. it's an art in itself convincing people to look to the past for inspiration in the bedroom he uses modern technology to reach out to customers like any other business but unlike any other business next to his workshop is the so-called sleep shop customers can hit the hay or rather the horsehair overnight to try before they buy don't you have is mixing the old world with a new adapting to changing times all in the aid of a good night's sleep. now super bowl fifty two is due to kick off on sunday the
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season final of the national football league is the us most watched sporting event it's also traditionally an advertising extravaganza at least one of the three hour spectacle is usually reserved just for presenting the latest products now while last year's game showed some spots offering subtle digs at president donald trump advertisers this year are expected to use a more conservative game plan. there's no doubt about it the super bowl is big business and the show begins long before the players take to the field even the arrivals of this year's contenders the new england patriots and philadelphia eagles at minneapolis st paul airport it was a media event these are some of the u.s.a.'s highest paid athletes. television advertising during the big game also attracts a minor galaxy as advertisers go on a no holds out and spending spree. now. this year's lineup includes
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big hitters danny de vito. morgan freeman and missy elliot. soft drinks a snack foods in celebrity motorcycle micah's all one favorite to be associated with the big game but in the desert talking about donuts. thirty second spots are going for five million dollars this year but that's only the beginning for advertisers they spend many millions more on production on celebrity endorsers and so this is a major investment for marketers but one that they continue to to think is pays off because of the massive viewership of the super bowl more than one hundred million people watch the super bowl n.b.c. the network carrying the super bowl also has the rights to the winter olympics and
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is selling a package to advertisers which includes both events some estimates say the network will reap a billion dollar bonanza you can. for a football season in which politics seeped into the field super bowl advertisers will likely steer clear of anything potentially divisive and it's our ravens. even celebrities who animal. seems to have avoided control tipping super bowl favorites new england patriots. will see sunday if april the drop off was right for all the latest updates including more on the banks last year's loss to check out our social media feeds for now thanks for watching i'll be back here in forty five. move to cut move move
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move move move move move move move. move move. move to. touch the move. the to move. touch to move. closer. to god marks we take football personally the be. the best of two. geminis the camera that's not a problem for talent eric maxime. he's a helmet anytime he's on
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a full blown head. move snapped on the first. move more intrigue international talk show for journalists to discuss the topic of the week by the syrian kurdish fighters being attacked by turkey terrorists are they reliable allies in the fight against islamic state and do they need and deserve the west's help that's our topic country jakob. smoothing. the scars on sudan the pain still tangible. the suffering. for god. for cities and. they have survived do they also have
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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 a killing in peace time what needs to happen if tolerance and reconciliation are to stand a chance of darkness city after more starting march tenth on t w .

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