tv Business - News Deutsche Welle April 3, 2018 3:15pm-3:31pm CEST
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a war with friends all over the world. online and interactive. german to go. learn german for three d. w. p. i but. how do you like to study a working week like this stuck in a mass crowd spilling onto the tracks with no way to go a commuter chaos in france as rail workers embark on a series of strikes that could spend three months. the number one music streaming service spotify is set to go public today analysts say good intentions but bad timing. and the cargo bike craze how tradespeople are getting ahead of possible diesel bans in. cities with pedal power. and influence of
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business three months of rolling strikes this is really going to test president amount well because if it's to modernize one of europe's top economies it will also hit productivity and just as a report revealed today that foreign investment in france is hit a ten year high and this is see the country and abroad to reform us the fred shed huff they shake their heads. tuesday morning at the go to leone a major train station in paris. it's the first day of rolling strikes which are likely to continue for months. for most economists is catastrophic something needs to be done we're victims we haven't done anything wrong we need to get to work like everyone else this is normal. france's national rail operator s.n.c.f. says the strike will halt eighty five percent of france's high speed trains and
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three out of four regional trains. said i don't we started every train station no direct trains a commuter was unwell and here i am heading to work and needing to rush to get. the walk out as a serious test for french president. reform agenda to protest these plans the country's four main rail unions are planning to strike two days a week through june. i am reminding travelers to postpone their trips of possible if they didn't receive a text message confirming their train is running. and it's not just train workers electricity gas and sanitation workers in france are also taking part. well let's take you over to that crazy packed out station we showed you before god in new york out of for at least the louis is there these are still the crowds spilling onto onto the platforms and onto the tracks rather
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obviously a diet situation i've never seen people so diet to get to work but also a dangerous situation when you say. well absolutely for the people on the tracks especially lots of the illegal here in france remain in most countries at least in europe now there were very few trains running this morning and the people who were opting for the train they were trying to get on one of these trains many people nevertheless have taken their cars they took the purse if they could the bus if they could to get to work now at this very moment the situation has rather calm down commuters who went to ark nevertheless who didn't stay home today they apparently made it in and we're now waiting for them to go back home tonight and maybe there might be more chaos to come or this is a situation coming down for commuters but what about investors what about the danger this poses to foreign investment three months rolling stoppages i mean that
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says a very bad signal well it does indeed it's obviously not the first strike that france is saying people know that strikes can happen in france and they can take a little longer but this one is important because everybody is looking at him and my car the french president who has promised to reform this country so it's important for him to stick to his promises to push through this reform if he wants investors to continue to have confidence in him reforming the country so this is indeed a very crucial crucial moment for the government obviously also for the unions who they say they actually want to show you that they have the upper hand and that they can actually stick to their demands and that they're going to go through with this month's long strike and win in the end so let's see who wins the fight does anyone have confidence in him though that he can stop a stoppage. well he's going to try to stop them obviously
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while the strike is now announced the unions have set we going to go through with this so. it will be two days of strike and then three days of work for three months it's going to go on for while obviously the unions will try to join forces with other strike movements there are other strikes in different sectors for example and a g today or. me and these people are trying to converge and find a common colds and then kind of fight together against all of the reforms that the government is trying to push through but in my in my car for him it's very important to stick to his plans and he and his transport ministers minister they have said this morning again we're not going to give in and we're going to stick to what we want to do they also want to show their european partners obviously that they're able to push through reforms here in france in order to get some reforms pushed through on the european level ok we'll have to wrap it there lisa lewis for us in paris thank you. the world's biggest music streaming service is going
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public in new york today spotify was founded over a decade ago but the swedish company has yet to make a profit last year sales rose almost thirty nine percent to over four billion euros but the growth came at a cost losses mounted from five hundred thirty nine million euros to almost one and a quarter billion sort of as revenues come from users who pay to listen to music stream directly from its internet platform the company has a catalog of thirty five million songs to choose from and seventy one million users so the i.p.o. was highly anticipated but atlast question the timing given the market turmoil over the u.s. china trade dispute let's go over to sophie chametz that she's a little free for us so if you just explain to me how could u.s. chinese relations drown out the music over spotify. when i think first of all i think it's not hard to guess what kind of kompany is
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going public today you can hear it probably but all in all of course investors are nervous about these tensions and of course they could theoretically impact at the i.p.o. i.p.o. here off spotify because all in all investors might be willing to pull back more because they're simply nabbous about the attention that the music business is cutthroat we all know that what is spotify is chances though as a listed company. well of course spotify has huge competitors apple music for example growing really really quickly off car spotify is still the market leader here but there's one important think even if they are not planning on giving new shares out right now they're up planning on having that currency off shares in the future in order to raise. apatow now of course that's a very important possibility here for spotify and briefly this is the new york
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stock exchange first ever direct floor listing so the shares go straight to the market without an intermediary an embarrassment bank or broker is this a good time for experiments that. probably not if you look back on this week the nasdaq was down dramatically the indices that were down the dow jones were down but spotify and some people thought they would actually pull back and front before that spotify i.p.o. but they didn't because they know they have something to give for investors and they are hoping that it's going to be growth so if man city they're on a crowded new york stock exchange floor drowned out by the music from spotify thank you. sound like to see this next want to plumber will come up and up turning up to a job on a bike in some european cities that can be faster and cheaper and could be a way of skirting future diesel batts. his run of of his world the forty nine
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year old is a joiner in cologne he tries to work environmentally sustainably easy enough with his role materials not so easy with his transport. i want a mercedes vito van and from my work anyone with a long will say it's murder trying to find somewhere to park it no one might even face a city center driving. city traffic air pollution valves just decided to test a cargo bike for three months instead he's constantly out visiting his customers repairing doors and windows taking parts to construction sites. think you need for small jobs and finish. but germany's aerospace center the d.l.r. scientist your highness agrees he hopes the skilled craft and services traits will take to the cargo bike which could easily do up to forty percent of all short trips . testers like ryan yvel to have an up to report their usage and experience.
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hundred fifty cargo bikes are being tested throughout germany. we want to specially to enable employees of companies or public institutions which have never considered the idea to start gaining experience. after experiencing the advantages that is and right of elders leading the way as a former professional sportsman he's in good enough shape to step hard on those pedals and it works even if the bike lanes are sometimes a bit too narrow. well cars pass frighteningly close. to i can go from door to door take the same amount of time from start to finish but i don't have to worry about parking parking fees. or in a worst case damaging my van on the way so now that's a part of my budget for this year's. festivities. cargo bikes convinced valves are
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a triumph for the d.l.r. . and the company which supplies them to the test riders as a courier service it knows there's a lot more testing to be done. and then thought getting a bicycle careers on to cargo bikes doesn't take much doing but getting korea van drivers to adopt the cargo bike that's quite a challenge. join a reiner veldt or reckons he'll be using a cargo bike for more than a third of his trips in future. he says it's faster and cheaper than his van. and he won't have to worry about any diesel driving benz. i still visit with a. trip to. the to a movie. called . the to
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