sports services as you can see some truth and took the opportunity to have a bit of fun the last significance because it's a new stock to me in two thousand in fact. you're watching the w.'s coming to you live from but in business headlines coming up shortly do stay with us if you can and you can order the post check out more news and current affairs on a website that c.w. dot com but for now stay for business news coming up next. why.

a trip by airplane. seventeen thousand kilometers in six weeks. schools. are going to experience a. touching story. this is our home it's god's country of perfectly good listening to other better players. sounds. good starting february twenty seventh. at a. predefined english smocks in smartphone the mobile world congress kicks off in barcelona as global smartphone sales fall to some say the industry's latest products a high on gimmicks but low on innovation. also coming up a chinese company now almost more of germany's. dime less than anyone else in the

world we'll tell you what you major stakeholder has in mind. welcome to the daily business on money cajones good to have you with us so the world the mobile world congress in barcelona got off to a rocky start on sunday pro independence protesters clashed with catalan police as they demonstrated against a visit by spain's king philippe supporters of catalonia split from spain have criticised the monarchy for allegedly failing to pay enough attention to the region and to promote political dialogue now then inside the convention center there were different concerns at the end of last year global smartphone sales decline into the first ever on record so the question of the mobile world congress seems to be how to custom. samsung is focusing on cameras

its new galaxy s nine and the slightly larger s nine plus might not look a whole lot different from their previous answers but the pictures they take in low light are less grainy. and there's a new super slow motion feature it takes nine hundred sixty images per second and is able to capture even the fastest moving objects samsung says that could even attract professional photographers but it had made its most of the improvements are under the hood. is it is a huge amount of innovation that you do not see in this divorce because we've we've kept the best design of a phone out there that we introduced last year that we've designed around our best looking phones and then there are the animated emoji is that something apple already introduced on its i phone ten users can create three dimensional avatars that match their clothing in facial expressions the new galaxy is cheaper than the i phone ten still they cost a. eight hundred fifty and nine hundred fifty euros when they go on sale in europe

next month. samsung has this show to itself a fast growing chinese rival who are way won't be unveiling any phones in barcelona just tablets and laptops but even without having to share the spotlight the essence refinements might not be enough to wow consumers after a year of flat smartphone sales. all right and we find out more now from our correspondent who is in barcelona at the mobile world congress paul i understand a lot so few phones there but not much new apart from give it i mean do you have anything really new forests that. you have the big innovation is unusual in the smartphone these itself they've been developed quite far what we're seeing here is a lot of innovations in terms of artificial intelligence training out new features and networks of course are an important factor with five g.

with everyone. so what is what is new about networks five g. i'll get to that in a moment because it's not that new renay but is there anything that we haven't heard about yet but should. because we. don't have you ever heard about a life i don't know. what is it so that's that's a new one that was a new one for me so the idea is that you get data connectivity through like i've got a gun example here i'm watching on this the live stream i'm actually watching here and there's a little bit of a delay and this data is transmitted by light if i cover it up. it should stop right there. and yes all the data comes through the light that is in the lights or is right above me this can be used with any any ellie's new lights and the idea is here too to bring in more bandwidth because especially in places

like this where the why fight is really bad why for the life i can bring in more people that allowing them their good data connection all right but that means that i cannot you stop networks and uniting better than i thought because it was so. well you can use it at night if you have a light right above you can use it in your home you could even use it on. an airplane wherever the data is transmitted right so let's get back to five g. that you've mentioned already and i remember that you and i last year at the mobile world congress already talked about five g. and a lot of people a day it isn't going to happen any time soon. we talked about it last year and the year before and actually for about three to five years somewhere and it's going to take another while the problem is the infrastructure needs to be filled up and we can't just you know snap it on and have it by. other than with

forty for example you know that wasn't that much of a deal for five g. there needs to be smaller. the servers place around and that needs to be build up so we can get that high speed connectivity and right will take another two to three years probably ok so we will be talking about five g. a little bit longer than pakistan but it's from the mobile world congress in barcelona thank thank you so much power for you. well the german government says it will scrutinize a decision by chinese automotive company j.v. to buy a nine point seven percent stake and dima chairman is currently in germany on what some call a charm offensive as chinese investment in german companies is often met with skepticism so who is in the show who and what might he have planned for diana let's meet them on. it's a rags to riches tale the son of

a rice farmer genies found early shoe food is china's tenth richest man according to forbes magazine the fifty four year old started out with a refrigerator parts factory in the one nine hundred eighty s. back then though the sector was strictly state run inevitably also richie's shut these factories down but by then lee had already made a small fortune and so he simply switched industries producing first motor bikes and then cars as lee himself said all you needed for a car were four wheels and two sofas an insight that for several years reflected the quality of his vehicles but just two decades later he was selling around one point two million cars a year in china making it the nation's knowledge is independent car maker in two thousand and ten believe bought up struggling automaker volvo from ford he ford money into the swedish plants and then with great success brought volvo on to the

chinese market since then lee shoe fu has held a central position among international carmakers and now he's invested in dima acquiring just under ten percent of the luxury car company the state of q wait until now the largest shareholder has been bumped into position to with six point eight percent followed by rent. the rest is divided up among small investors. lease says he's not reducing his commitment to volvo he says buying the stake in dime let allows him to focus on the technologies of the twenty first century electro my billet driverless cars huge challenges that no manufacturer can tackle alone. especially given the invaders from outside describes google and other companies encroaching on the auto industry. with diamond gili plans to benefit from german technological know how it says it's. overriding aim is to get conned companies to join forces in an effort to stand up to the coming on snot from

silicon valley. so let's give the new from asia correspondent andrea haying is joining us from singapore andrea to share rose on the news what are investors so excited about well the excitement of putting china not just t.v. but china on the of on the map all the global map when it comes to industry technologies and putting them at the forefront at that g.-d. wants to share automate of texas crits in order in a spirit of collaboration to help china sort of spearhead their own technological advances when it comes to the car industry which at the moment is a little legging behind the rest of the wall so this nine point seven sort is nine billion dollar treasure part is meant to sort of gussie up to to the germans and have a boost at the negotiation table and how does this german comic actually fits in

jeannie's business strategy in its expansion plans perhaps. well it fit in very perfectly monica. was ition of this state in diameter it will help it will help the chinese army sort of you know progress further in where they are lacking behind specifically. the video put across the coming onslaught of people it has lain google who are putting out driverless cars and electronic cars as well where china is trying to move away from the. combustion engine they want to move forward and embrace the battery powered vehicles instead and in their expansion is going to be a little bit tricky for diana to relieve some of those treats secret considering it already has a thriving relationship with china's b i see more to. it however immobility it

could be a win win situation for both sides of course and to hang in singapore thank you so much for this i was just a time for this the company owned by disgraced phil morgul harvey weinstein has declared bankruptcy the weinstein founded the weinstein company with his brother in two thousand and five when last autumn reports of weinstein's alleged harassment of women stars hit the headlines and now dozens of other women have come forward with similar stories as the scandal grew business partners caught alex off the company weinstein maintains his innocence. pure and did all the business the day. the media feeds on watching the to. cut

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