good prosecutors moved their emissions cheating investigation up kia targeting the german luxury brand for the third time this year raiding the homes of former executives for the first time. a new but america is selling fewer guns than ever before we tell you why. i'm for business news i'm funny for sure here in berlin welcome to the show german prosecutors have raided the homes of two former members of third person involved the folks five a subsidiary of the rates are part of the investigation they're suspected of bringing course to the. engines on the market already stands accused for two hundred thousand cars there. germany's administrative court has pushed back a ruling on driving bans in cities to next week you stay earlier spoke to aren't

hoarse from banking and wiser fabric or asking him if diesel is on its way out. well a i continue to be firmly a believer that diesel will disappear from the european market it's only a european technology we are used to fifty percent penetration of diesel engines in europe it's dropped to just about thirty percent so it's not just a small death of jesus actually a pretty quick death of the diesel engine the german court decision it was postponed to the date of the twenty seventh of february i can well see driving bans in cities becoming a legal action to protect the air quality in cities and that will only accelerate the transition away from diesel power trains to electrified power trains especially hybrids. and as you just heard will have to wait until next week to find out if a diesel ban is even legally possible environmental activists have taken the city of stuttgart to court to try and trigger that ban they say

a small cause thousands of deaths every year have a decides just as unclear as the air itself this device measures nitrogen dioxide levels the legal limit is forty micrograms per cubic meter but that figure is regularly exceeded in over half of measuring stations near major thoroughfares in germany. and surprisingly the prospect of a diesel ban has been met with stiff resistance from those whose livelihoods depend on there's just expect percentage have even warned that banning diesel guzzling trucks could hamper deliveries to the city's. germany's oldest automobile club has also been speaking out. this is about people's livelihoods to say suddenly that they can no longer drive into the city was almost amounts to expropriate. it's always the people who can't afford an expensive electric car or who can to buy a new diesel that are most affected come from. pollution is

a major problem in high traffic spots it's a different story in residential areas. where we see mid-range figures between twenty and thirty micrograms per cubic meter so significantly under the limits higher than permitted rates are a real problem on busy roads and fuel before. an analysis by the u.p.a. environmental protection agency concluded the thousands in germany die prematurely as a result of respiratory illnesses each year that was based on a nationwide study of the effects of nitrogen dioxide. stupidity i think lawmakers aren't really interested in this study as if they were there would be a far bigger push towards driving. but critics say such studies failed to establish a causal link between nitrogen dioxide and death. other factors affecting mortality

rates are not always taken into account. europe's top courts poll and has failed to implement regulations curbing air pollution the european court of justice ruling about the amount of harm or harmful pollutants rather in the air went over legal daily limit. of poland recently european authorities have been cracking down on countries succeeding air pollution target levels. threatening to take nine other countries to court including germany and the u.k. . gun control has once again become aware inching emotional issue in the united states following last week's shootings at a florida high school but sales of guns have actually declined in the u.s. recently last year the f.b.i. run eight percent fewer background checks on purchases at firearm dealers the largest annual drop on record and combined revenue said top gun makers including

strong ruger american all door brands. and winchester fell by over six hundred million dollars that's a thirteen percent drop. all right let's turn to sophie szymanski of wall street who has much more on that story sophie usually actually what we see is after shooting for the tragedy like that in florida gun sales was a situation right now. so right now none of the big names here on wall street is down dramatically usually investors follow the theory that after a mess shootings americans try to get their hands on as many guns and ammunition as possible anticipating stricter regulation which actually has never happened so far and this again usually leads to rising stock prices for a company like stone ruler american alto brands we did not see this happening this time the old gun maker stocks ended recent lows amid all the headlines over the

last two years still mover is down fifteen percent american outdoor is down fifty two percent and this so even fifty nine percent just on wednesday still rule were part of that in twenty seventeen fell twenty one percent from the prior year and there's a lot of uncertainty in the markets and the fate of these stocks is going to depend on institutional investors like the world's biggest money managers blacklock and vanguard and if they are being pressured enough by shareholders to back up they are among the top shareholders all three of the biggest publicly traded gun manufacturers talk about numbers there's a very important number here two thirds of all handguns important in the united states are made in europe so how does that drawing the discussion that huge market . well companies like zigzags who are glock and read out already have a growing shares off america's firearm market foreign firms in general and the

share of them off american firearm sales rose from ten percent to a peak of forty five percent and tooth. seven now at the moment it's a little less and the lion's share of this come from european countries austria for example alone home to block exported one point three million handguns to america and its number one importing country and some of these syrup in companies by the way are also just as active as american competitors when it comes to lobbying lawmakers on gun ownership regulation for example said it gave over one hundred thousand dollars in twenty six into the n.r.a. so if you think you very much. the drug maker is embroiled in a corruption scandal in greece parliament has launched a probe into claims that nearly a dozen senior politicians received bribes from or helped promote the swiss

pharmaceuticals giant during their term in office. scandal has rocked all of greece and the government wants to get to the bottom of it. we want to help cover up to conceal one of the biggest scandals in modern greek history because the greek people have the right and the demand to have everything come to light and to learn the truth. even at the height of the country's economic crisis. charging for drugs according to the greek government it says that left thousands without access to affordable medicine between two thousand and six and twenty fifteen the swiss drugmaker allegedly bribed thousands of doctors and civil servants including the former finance minister he is accused of signing documents that unable to tax bill from the voters to be merged with public sector debt he was you to give yourself the ladies and

gentlemen the statements are entirely fair and never signed anything of the sort mine or did i have the authority to do so and i don't think anyone else either. it is for first weeks now i have asked to be shown the relevant documents with my signatures they simply don't exist. greece's parliament is now investigating about a dozen politicians novartis says it's corporation with the greek authorities while conducting an internal audit the swiss drugmaker has already paid multimillion dollar fines in the us china and south korea to settle corruption cases. such force acute prosecutors some thirsty rejected calls to open a criminal investigation into four major tobacco companies on charges including attempted murder or manslaughter saying such a case would be unlikely to lead to a conviction. in two thousand and sixteen two former smokers in the netherlands fired what they call the road first carmen a complaint seeking

a prosecution hospital doctors and other groups later joined the cause but that's prosecutors say they see no prospect of a conviction within current laws. my mental habit occurs people have the choice to buy cigarettes people have the choice to start smoking cigarettes and that means with regards to addiction or serious bodily harm it had not be blamed solely on cigarette manufacturers and couldn't see where the fabric and their decision is a blow to dot anti-smoking organizations they had hoped to form a new legal front in the fight against the top back industry smoking has declined dramatically in many large western markets since the one nine hundred ninety s. and the industry responded with conservation today the few major backer companies left everest's prices to compensate for lower sales volumes so their shares are still rising. and i'm sad i'm hospital was among those calling for the prosecution

. after the decision it why would not to give up the legal fight and might ask for an appeal. all right that's a business wrap thank you so much for watching. the i'm. going to a. below. the to a. problem .

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