tv Business - News Deutsche Welle February 15, 2018 12:15pm-12:31pm CET
12:15 pm
and of course we have lots of coverage on the body not on the w. over the next ten days the fans to see that act is to me to the directors to talk about to do remember that and stay with us before but not the coverage that's it for me under such you know the business is up next monica is standing by she has a day just business headlines coming up for you shortly. earth a home for saving google india's tell stories of creative people and innovative projects around the world like to use that protect the climate and boost green energy solutions to inspire people to take action global ideas on w.
12:16 pm
they make a commitment. they find solutions. and start for. africa the. story of both people making a difference in shaping their nation. and their continent. w.'s new multimedia series for africa. dot com africa on the move. the. european aviation giant to add us. twenty seventeen of the group's profit climbed to on record plane deliveries but problems with the a four hundred m. military program weighs on the overall risk. also coming up south africa is looking to the future after the end forced resignation of president jakobsen. the focus
12:17 pm
shifts to rebuilding the economy. welcome to g.w. business evil bill it is on the rise now e-commerce still sell less successfully than combustion or diesel engines but the latest global sales figures are promising to spied worries about scarce resources and a lack of charging stations now only two hundred thousand electric cars were on the streets in two thousand and twelve their number of though has more than doubled within a year by twenty fifteen they have cracked to the one million mark in two thousand and sixteen they reached two million and a year later the number of around the world rose by an impressive fifty five percent to reach three point two million china has emerged as the champion with one point two million electric cars thanks to generous subsidy program and also of course the sheer amount of motorists there in comparison in the united states there are seven hundred fifty thousand
12:18 pm
a cars on the roads and germany lags behind with only ninety three thousand electric cars well earlier today i discussed those figures with our financial correspondent in frankfurt only bots and i asked him what's behind the recent recent growth in the economic hit. for the moment they're all happy inflation data was mitigated a bit by consumer related data from retail sales but it goes much deeper than that and i asked the trader just briefly before trading started here when the positive trend was already to be seen you know is everything good now and he said no nothing's good. to the market is in limbo it's it knows that there is a trend turn around somewhere ahead perhaps around the corner but one doesn't know and it depends all on things like inflation data. the central banks acting the problem is nobody knows what the central banks will be doing how they will be
12:19 pm
reacting and this trader says you know for a horizon of six months he sees the high level of share prices that one has now not really in danger no sign of a crash but a correction could come. that the kind of reaction we're seeing now is indicative of that big nervousness that i think is still way in the market and i believe out in front could thank you so much for this. european aviation giant abas has released its annual results of that pretty good annual profit it jumped to two point nine billion euros that's some two billion more than in the previous year but there are clouds on the horizon in december albus announced a management shakeup in the wake of corruption allegations and then there's the trouble with some of its aircraft models starting with the aiding a street eighty super jumbo which was almost council to due to lack of demand but which was given a lifeline last month when dubai based kariya emirates ordered thirty six planes
12:20 pm
and then there's the a four hundred m. military transport plane which was commissioned back in two thousand and three it's been plagued by losses ever since due to technical problems but the demand for the a three twenty series remains robust narrow body jets are off a special interest to asian airlines china. one is reportedly planning to buy one hundred eighty four of them this year and abas just tested a long range transatlantic version as well so let's talk a little bit more about ab us and my colleagues in the to do my loughran is joining me in the studio now and general i'd like to know first of all i mean the a three eighty despite all the trouble is still alive and kicking the however it looks like is ready morphing shifting attention towards the a three twenty even for transatlantic flights well really what i think is happening here is that airbus is trying to cover all its bases in a really tough market how passenger demand is increasing while slots at airport airports from the unlimited so there's
12:21 pm
a solid argument to be made for making sure you can ferry as many passengers as possible so for bigger commercial airlines like emirates so planes like the a three eighty make sense but for small to mid-size carriers single aisle a three twenty jetliners are of course very attractive so you mentioned the long range version the a three twenty one that could be more interesting if they start looking to long haul flights what single aisle models of course you can pack more passengers in even if the psni the planes are smaller and the costs of flying them are also no or now airbus has been outselling boeing in this particular market so as such continuing down that path is strategically very sensible for them ok in terms of strategy certainly within the management there seems to be a quite a change on the horizon some some major shake up actually what do we know what's the biggest overhaul in a long time we know that three key figures are leaving john leave the head of sales he's in credited with much of airbus a success in the last thirty years as well as the head of the commercial planes
12:22 pm
division fabrice veges so they're both going and c.e.o. tom enders has about a year and change to go now the shake up is coming at a really strange time we have all these corruption allegations related to the use of middlemen in terms of plain sales and it's reinforced the french german divide. in the company so both governments of course have a stake in this now there's a french national is thought to be going because he failed in his bid to succeed anders who of course is a german national now investors have worried about how the management changes will invite political interference as of course both france and germany want to see airbus become a european vehicle against chinese and american competitors and they both want their own people to do it now some investors would actually prefer that anders is succeeded by by a person that is neither french nor german perhaps someone less considerate of national interests in talking about that is that really some speculation of any names floating around do we do we know any preferences in terms of succession well
12:23 pm
we already know who is supposed to succeed because you know that's given me far i'm very sorry from a french pronunciation but it's thought that giving the giving of bridges position to him what pave the way so that he could eventually take over enders position next year but of course we don't have any confirmation of that yet yeah yeah and i mean the stepping down by april twenty nine thousand doesn't come as a surprise i think that it was planned a long time ago how does all of this is that reflected in the results that we have which at first glance look impressive but there's more to it isn't there yes certainly well it tells us that airbus is capable of turning in a good performance despite these looming problems in the future but also despite being weighed down by past turbulence you know you already mentioned the a four hundred m. they've taken a one point three billion euro hit on that and that's brought the financial impact of this particular in the beleaguered military transport plane to about eight billion euros but you know this year of course has its own set of problems we have
12:24 pm
to see what will happen with the management changes we will indeed and you will keep us up to speed vision and to milo and thank you very much for this. what is another slap on the wrist for facebook and twitter the european commission has yet again urged the social networks to improve their consumer protection practices its objects of twitter changing its general terms and conditions without informing the uses both social networks also deleting the user's content again without their knowledge the e.u. already made them revise their terms and conditions last yeah chinese tourists are still flocking to america even us arrivals from other nations are tapering off all the more reason for america's tourism industry to cater to the chinese already the most lavish foreign spend this at hotels resorts and department stores and luxury hotels in los angeles offering special deals in the run up to the
12:25 pm
chinese new year's celebrations europeans may have their issues with most angela's but up market visitors from china are increasingly feeling right at home here in the run up to the chinese new year the local tourism industry is leaving no doubling unturned and a pitch to attract free spending chinese traveling the world on their holiday break . chinese new year is a big event it's a big stage in the calendar for a frog troublous at the lots we look at so you offer all the facilities that they may want to enjoy that would include things like lucky envelopes with two dollar bills new year macaroons with t.n. dim sum special seasonal gifts and chinese american newspapers. now the mission here how sure companies have hired chinese hawkers to lure visitors into busses to. fall back on me yeah we're running numerous specials on the
12:26 pm
chinese market we're very excited about that so we were very active to get individuals into los angeles from that the us market. tourism to los angeles has been rising fast for the last seven years the city has a larger share of foreign visitors than the country as a whole and the biggest gains are coming from china. to south africa because jakob suma gone as president it's time to focus on the country struggling economy and turn it around. south africa's economy has taken a beating under president jacob zuma it has fallen into recession the country's bonds are rated junk and its political elite is no longer trust it and due to political mismanagement its second largest city cape town is running out of water fast growth has declined steadily from more than three percent seven years ago to less than two percent in recent years one of the weakest rates for all of
12:27 pm
sub-saharan africa as the economy is really crushing at the moment stability is pretty difficult so you get a sense of. interest in addition for the bit say the country's hope is resting on this man's shoulders cyril ramaphosa is a former union leader who has become a wealthy businessman. since he was appointed head of the african national congress in december the country's currency is served by ten percent. during the time oh boy . when that ends. in a window which it wasn't about. that's a good sign that investors are banking on a change in south africa's fortune. that's off of business you're in. touch with. the to move
12:28 pm
12:29 pm
spotlight on people earning. comments to me on the c.w. . ensuring the conflict zone with me should sleep on it from the treatment of migrants to freedom of expression to enter terra low cost stand outs of human rights across you're all slipping my guest in ghana is michael kludgy director of the u.n. agency book on demand for the rights does he believe you up. doing it to protect human rights live in sixty minutes from t.w. . three one might even make. you challenge the alice fourteen. days tournaments that. colleagues would challenge about think you should check it out yourself when you see it live.
12:30 pm
we make up oh but we want to go out to the end of the to. the center of the surface of. the continents for. part of it and join the youngsters as they share their story their dreams and their challenges the seven percent platform for africa charge to. live. live. live. live. hello and welcome to focus on europe i'm michelle henery all of europe is watching pyong chang as athens gathered from all over the world to compete in the twenty eighteen olympic games all perhaps except for many.
48 Views
Uploaded by TV Archive on