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tv   Business - News  Deutsche Welle  April 6, 2018 5:02am-5:15am CEST

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facebook keeps making the headlines for the wrong reasons after the massive misuse of data that now affected more people than we thought mark took aback it is preparing to answer uncomfortable questions. posed on the program an environmental group wants to take the royal dutch shell to court they say shell is responsible for climate change and will sue the company if it doesn't meet the targets of the paris climate agreement. and donald trump's efforts to renegotiate nafta could take a toll on mexico's automotive sector will go to the city home to a number of foreign carmakers. it's time for business on the w. and how you got to get us welcome to the program facebook is under fire for new revelations on the privacy scandal involving british data company cambridge analytic the german justice minister has called facebook a network of entrance parents on wednesday facebook acknowledged that the data
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misuse affected up to eighty seven million users not fifty million users as initially assumed and mark back has yet again apologized and is prepared to promise solutions. it is potentially the worst privacy scandal involving any social network and facebook has admitted its role on its corporate blog in a post the social media giant revealed changes to its privacy policy it also released figures about where users affected by the cambridge analytical privacy scandal came from the us was the most affected but millions elsewhere are among those whose data may have been improperly shared after the u.s. uses in the philippines indonesia the u.k. and mexico are among the most affected. focus enough on preventing it and thinking through how people could use these tools to do harm as well an attack with. foreign interference no action. in addition to developers and data. we're going to broaden
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our view of what our responsibility and now with this huge mistake it was margaret and the stake that mark cycle berg will have to answer for in front of leading lawmakers in the u.s. . ten and eleven the social media giant c.e.o. will be testifying before the u.s. congress he will likely talk about how facebook uses and protects user data and its plans to limit user data accessible to other companies. and of course facebook being a heavyweight on the new york stock exchange there have been reactions right there let's talk or financial correspondent in new york so fishermans he is joining us hi sophie it's good to see you but we saw the facebook stock recovered today two percent in part of the trading session so does that mean that mark zuckerberg words were enough to calm down investors. well that is exactly what it looks like at the moment it has been
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a bumpy ride for this topic dipped into correction territory and facebook shares have fallen more than sixteen percent since reports of the scandal surfaced in march but now the stock seems to be slightly recovering for the first time really since march and maybe let's see what some dacha bank and wrote in a note to the content and to limber up stock of burke's message get the first optimistic outlook for the company in weeks so the comments three quarters of a sack of work seem to have successful and suggests that it has not seen any meaningful use their advertiser impact so analysts seem to think that the worst is likely behind facebook when we believe in god to bank and also if we believe in what that could work to say and to not for that investors like to play the game of buy low and so high so some people might have simply seen a no opportunity to buy at a relatively low price here so if you look at the broader market we've seen some
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crazy movements in the last few days is this the new normal should we get used to that. yeah so these huge swings are mostly due to the back and forth and trade war concerns right now they seem to be easing after comments from after the us thinking of a willingness to reach a trade compromise with china so after justin trudeau statement to state that they would actually be moving forward in the renegotiation of the shares of boeing for example let the dow jones higher so it seems. that people here are in an optimistic mood right now at the moment but it doesn't mean that these concerns are all from the table so fisherman ski in new york thank you very much for the analyses and sophie was saying concerns are not off the table especially because china is now challenging the united states at the world trade organization the country has filed
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a request for consultations which could be the first step towards a full blown legal challenge at the w's tito's dispute settlement body the reason is washington's plan to slap fifty billion dollars in tariffs on chinese imports us justifies the juice by alleging that beijing is stealing intellectual property and technology. and while the world looks for solutions to the threat of climate change the dutch environmental group has taken a more practical approach let's say just force fossil fuels companies to stop drilling and shift to renewable energy the first target is their homeland global player royal dutch shell they want to take the company to court and that's just the beginning. is it possible to force a big oil company like shell to steer away from fossil fuels dutch environmental group deaf and c is at least trying given our producers shell eight weeks to step up its development of renewables if nothing happens they'll take the giant
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compilation to court. you know the show knows that the my giora t. of the oil gas and coal reserves in the world need to be kept in mind but still there c o told the world i will mine everything i'm able to mine. one of the. shell is among the world's ten biggest carbon emitters vajra manful group claims the endless dutch multinational is responsible for two percent of the missions of carbon dioxide and methane since the dawn of the petroleum era and yet it plans to only invest five percent in renewables. shell knows that carbon emissions need to be zero by twenty fifty but that company is only aiming to reduce current emissions by hall. to go
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shell says it believes climate change should be driven by government policy not lead to gay ssion. taking legal action against large energy companies is becoming increasingly popular. nine american municipalities including new york city have sued fossil fuel companies they're seeking compensation for climate change damages . us president donald trump keeps threatening to end the north american free trade agreement termination of the deal would be a major blow to mexico's thriving car industry our reporter to gauge the mood among people in the state of puebla where many foreign carmakers set up their four factories. today's lesson is focused on the bodywork every screw every wire of a car needs to be in the right place eighteen year old yarra gonzalez started training here seven months ago it's a third year in a row that audi mexico has taken on new apprentices. when we were here was the
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first week was really exciting especially the first day to see where i'd be training and learning and then i saw the q five for the first time would you make here in mexico. jaros one of eighty doing a three year apprenticeship based on the german deal track training system. young skilled workers are in demand here as long as mexico keeps producing for the international market. the training center is only a short distance from the production line how do you build the plant a few years ago to manufacture its q five s u v. there is room for a second plant here but it will only be built if the location remains attractive to the company. the city of platelet depends on the auto industry sector generates a third of its economic output so there's been no parole there since u.s. president donald trump threatened to impose high import tariffs on cars made in mexico not everyone's worried i think this is
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a whole lot of fuss. the structure of the auto industry of the auto parts is very dependent on what we do here and what they consume there and what they do whatever it's a it's a nice set up that has been working for the last years but what i see more dangerous is our elections are coming july because we don't know if we're going to get a president that understands this and doesn't come up with the same ideas as our neighbors and goes populates and says no nothing is not working that's supposed to work borgerson let's be nationalists that would be like killing ourselves. be a grim scenario for the trainees here. you know removed to play blue from the north especially for the audi course. she shares a small apartment with other trainees. they don't have much spare time so that families often come to visit. his parents proud of her that we're.
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going to. right now and i want to do is finish my training and then start working in the pond in the long term i'd like a secure job and not like to buy a house and a cow with my wages and support my family especially my younger siblings either one of them is going to. europe gonzalez is due to graduate in a little over two years she hopes mexico will still be making enough cars there and for it to get a job. before we go those looking for a very unusual travel experience will be able to check into the first luxury hotel in space and twenty twenty two ora station will host six people at a time but those with average incomes can only dream of the adventure twelve days in space will cost a mind boggling nine point five million dollars per person and before taking off guests will have to complete a three month training course. i'll just wait for it to get
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cheaper thank you very much for joining us on the business to be up to date just go on to a. good buy. the
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top of islamism is bangladesh on the brink of civil war. we are scared we are very scared we have to stay and libya to fight for this fight against are. torn by domestic power struggles and the influence of islamist extremists. the country's democratic institutions now face a serious threat. to peace dom good laws we call for the rule of law of islam of violence dominates the headlines. this could get in a. couple of issues be. it betty. i'm not sure. bangladesh the dawn of islam is on starting april twenty first on t w.
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one hundred million tons of sand. devastating confusing it. with deadly consequences. dust storms they've become law and. magnitude and frequency. once they start there's no stopping them. just starting april seventh on d w.

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