one ceiling victory on a second match point federer is aiming to claim a record a sixth straight indian wells title widely considered to be tennis this unofficial fifty grand slam. now a big i.p.o. in the healthcare industry makes a splash here in germany more of that coming up with monica. but it. sure link to school for. sure links to exceptional stories and discussion on the news as easy as i want website d.w. to come so much for joining us on facebook. for coming. you're going to an official estimates more than one point two million venezuelans live in colombia legally and illegally. already.

returned to the. visiting friends i don't think i'll ever go back there to live where i live there again i don't know so i'm not sure. witness global news that matters. made for mines. will visit to paris kick off the eurozone reforms or will the newly elected german chancellor disappointing news for french president and. we talk to an expert in frankel german relations also coming up making money with health care germany siemens medical equipment division go public can investors really look forward to healthy profits. welcome to your business so newly elected to german chancellor angela merkel is in paris today to meet

a man we'll call the two leaders will hold a working session and on top of the agenda ambitious plan for even greater eurozone integration together france and germany will decisive influence over european economic policy historically the two have not always been easy bedfellows but thanks to bilateral business cooperation they've become practically inseparable. aviation giant bus has been a joint franco german french a since the one nine hundred sixty s. last year french auto giant bought its german competitor i pull on six months ago siemens and also announced merger plans these corporations have strengthened european businesses globally but trade between the neighbors is also growing. in twenty seventeen germany exported goods with a four hundred five billion euros from swiss the second largest receiver of goods stumped made in germany after the usa at the same time germany imported french

products worth more than sixty four billion euros pushing french goods in third place behind china and the netherlands. the countries have well developed trade connections now from swaps convergence on fiscal policy to one suggestion is to create a euro zone investment fund which would help support european states if they run into financial problems because of austerity policies. and for more on this close relationship let's cross over to eileen kello from the franco german institute in newsweek spoke and she joins us in stuttgart now now less than two days after her fourth election to the chancellorship i'm going to medical flies to paris can we expected a heated debate about my cost you reform plans. well first of all let me say that this is really good news for europe that finally front and germany have agreed on working on an ambitious reform agenda on the continent yes i think we can expect heated debates although i doubt that this will not be the main. business of today

this will be for the next the for the coming months so what will be the main business off today. so this the was it today is very much a symbol a symbol of the very close relations that the two countries have pledged to the since the second world war i mean clearly they will also work on what can be prepare it in perspective of the upcoming euro european summit next week but the substance of their common reform agenda america or the upcoming months ok but michael has been waiting quite a long time now until germany finally got its government together in order to get some hopefully support he believes from berlin with regard to his reform plans including a euro area finance minister a common budget and of course one of the pet projects he has the u.s. would investment fund talking about that one we already have the european stability

mechanism do you see control has either. i mean the european stability mechanism was designed to provide emergency aid to failing states or states in financial difficulties that cannot exist or raise money on the markets what mcchrystal has in mind with his us and budget goes much further what he has in mind is to build up a european investment competitive that can make in west winds within europe that further further coherence within the euro zone so these the two projects have kind of different angles of attack and different and different focus i would say i mean as a survey you always get the idea that chemistry between the madeleine mccann and get america is quite good but do they have the same vision when it comes to the european union. i think they have established good working relations and this is already good news i mean they share they have a common view on

a certain number of issues this is for instance true is i think for migration policies integration fight on terrorism so on these subjects i think they can easily work together and others obviously they know from each other that the priorities are different but then i think they respect each other as much as finding a come from is both sides can live with right and tell of their from the frankly german institute thank you so much for this when germany says siemens is expected to raise over four billion euros in an initial public offering of its health in years net take business the i.p.o. was initially tipped to be one of the biggest in germany but the dead view at frankfurt stock exchange turned out to be much more modest chasse went on the market at twenty eight euros currently trading for four percent. the sale is pottle siemens see old joe cases major retooling of europe's top engineering company.

the mood was buoyant as help in years shares started trading siemens is reinventing itself for the future and spending often on core businesses is part of its strategy . siemens is probably best known for gas turbans and power plants. but c.e.o. joe kayser likened to us company to a giant tanker ship that he wants to turn into a fast moving fleet the how the near side is only the latest move into that direction siemens is also in the process of finalizing the merger of its rail division but francis sought stone last april that combined its renewable energy unit but spanish wind turbine make. these spinoffs allow investors to buy targeted shares in specialist companies instead of a diversified conglomerate it's also easier for individual businesses to cut costs

and help in your case saving an expected two hundred forty million euros. the stock offering was one of germany's biggest in recent years siemens hopes to small the ships in its fleet will maneuver easier and grow faster. and john had to my lown is keeping an eye on the action in frankfurt for us to now house the i.p.o. coming along. you know better than expected the shares have seen gains of up to seven percent today it's also trading higher than its initial issuance price of twenty eight euros well the i.p.o. festivities are dying down a bit the mood here at the frankfurt stock exchange is quieter now but we have seen some beats on this front at the c.e.o. of health and here is that mr ballard more this is what he had to say when i spoke to him earlier. very good i mean this is has been a long journey an exciting journey for us it's

a great moment to hold the first day went. well we will continue to move forward with even more passion i believe. the first was below expectations of then above expectations so a bit of a rough and tumble there in terms of what we got in the end but this isn't the most certain of market environments was not really the right time for an i.p.o. and i'm definitely yeah because i mean this is not about selecting on the perfect timing this is this i.p.o. was a means to an end it is creating the biggest me tech company in europe it is creating the biggest company global leave it is there to make health care provider successful we have a long way you think in long terms this is a major milestone and i think yesterday showed it. turned out very well now what are you doing now to convince the market that improvement is on the way first of all i need to challenge the question you have because we have you have in most of our businesses

a very strong track record of market share gains and that's one segment which is about thirty percent of our business which is our diagnostics business where. we grew below market but this is changing now this will change with a revolutionary platform attendee com which we have every tree are currently introducing and that was actually one of the reasons it's got its investors excited . now one final question of course one of the challenges would be a getting laboratories to switch over to your systems now switching systems of course is very expensive for them what would make them do it actually in net bag gnostics switching costs not so high because this is mainly a business with reagents it's not a cap next year you have an upfront payment and with a ten you can be have lots of arguments to convince customers by their business case my the f.p. and l. will be better. very soon after installing so you don't really see

a pick the area i mean it comes to switching ok walk us through the future in terms of acquisitions well. and first and foremost i want to say we have a super strong point for you i'm very happy there is no geographical gap the are. globally present we have market leading positions in in the americas and europe in asia. our part for you has a lot of organic potential so we don't have to do emanate but we can and we have areas where we can get stronger in advanced therapy and molecule diagnostics in digital health but this movie bolt on acquisitions and. current thinking is not to have any transformative flozell so some fear takeaways there they're hoping a new diagnostics platform will help them catch up to rivals and steal back market

share in the diagnostic sector they'll also only be looking at fault and acquisitions meaning they're likely to buy smaller companies and just add them on as units now whether this is what will actually happen and that's something the markets will be watching out for and as i know you will keep an eye on it for us as well and given the fact that i'm suffering from a persistent cold to maybe i should look into this health in the business concept in france that thank you so much for this. and this is your business update here on d w for me and the team in berlin thanks for keeping us company. going to. promote we've.

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