tv Business - News Deutsche Welle April 10, 2018 3:02am-3:15am CEST
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facebook begins its campaign to restore confidence to the company says it is sending notices to potential victims of data abuse as c.e.o. mark zuckerberg says investments to protect privacy will hit the bottom line. and paralyze france rail workers are putting the brakes on the president's labor reform plans and the strikes are already costing hundreds of millions. and some for business on the w. and how you know i guess it's good to have you with us facebook is trying to reduce the impact of its latest scandal and is announcing new measures almost on a daily basis as c.e.o. mark zuckerberg prepares to testify before u.s. congress in a written testimony he said he's sorry for the massive breach in which millions of users data was passed onto and on the linux firm for political campaigning sucker burke arrived in washington for two days of congressional grillings that begin tomorrow facebook is also sending out notices to users about whether their
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information might have been passed on to a data analysis company and used for political campaign it will appear in the user's newsfeeds both the hearing and the notices mark efforts by the social media giant to restore confidence about user privacy. for more on that let's bring in our financial correspondent at the new york stock exchange it's called the high end so it's good to see you now zuckerberg has promised a whole array of investments to solve these privacy issues but also said that those investments will impact profitability and i'm sure investors are not happy to hear that. yes certainly in general facebook is going to hire for instance by year's end total of twenty thousand content review staffing and security is stopping so the total will be twenty thousand for those jobs and more jobs mean higher costs and was higher costs you have less
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profitability of wall street doesn't seem to be too impressed by those figures and the stock price increased slightly here on monday talking about monday mark zuckerberg already did arrive in washington and sources are saying that he is varying as you would and it ties so obviously he's trying to shore himself from his best side and now we are waiting for lawmakers and their questions on tuesday and also on wednesday that seemed to sort of attack and actually pull it off now yes there's something else i want to talk about the wall street journal is reporting that u.s. regulators are about to approve buyers take over monsanto what have you heard what you can tell us about that. well what i've heard is that the companies meaning buyer and month central agreed to sell more assets and was that they will get the approval of u.s. authorities of the justice department to go ahead with the six the billion plus
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dollar merger and we saw an immediate impact on the stock price all for one cent of the stock gaining a good six percent and there's also word out that probably the german company u.b.s. if might be buying those assets we still do not have confirmation yet sources close to the companies breaking this story but obviously there is a pretty good chance that after the european union gave the approval through the merger last month that also the u.s. authorities will follow ahead and then this merger can be finished in the next couple of months will certainly follow that story very closely thank you very much in new york. to russia now where sanctions imposed by the u.s. government to vladimir putin's closest circle and their companies are hitting some of the country's private businesses the latest round of sanctions are partly
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related to charges of russian meddling in u.s. elections and they could just be the beginning as more sanctions might follow from america's european allies reason enough for russia to go east in search for new customers bowlegged era pasko doesn't have much to smile about right now shares in new south the company the hardship its global aluminum empire plummeted over fifty percent on monday analysts that russian credit beijing agency act attribute the volatility to the lation set of sanctions the united states has imposed on russia. frind the first time when sanctions was imposed on large privately owned russian and produce because before sanctions had been imposed on their own state and tactics and to the what we see a lot cheaper to on the russian market fears that the european union could also be mulling fresh sanctions has left many businesses and the country on edge meanwhile
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russian prime minister dmitri medvedev has ordered his government to draw up possible retarded tray steps. we believe there's an obvious simple pragmatic goal behind the us sanctions to address their own economic challenges in an uncompetitive way. the threats of more western sanctions has prompted some russian companies to look eastward in the search for new markets vision markets the scenario of best sanction is a potential market for new financing. new markets for the russian producers in vestment service i think in years we'll see increasing the amount of investments coming from asia in the arabian world. as the country's economic relationship with the united states to tyria rates russian businesses have a long term incentive to look for new markets. france's parliament is debating
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controversial rail reforms today amid continued strikes by employees of the state owned s.n.c.f. railways the reform bill is up for a vote early next week and unions are angry that changes could be pushed through by directive creek which they say is undemocratic protests led to numerous trains cancellations on sunday the s.n.c.f. said only one in five high speed trains were running the government is seeking to overhaul the debt ridden waylay company and reduce costs passenger rail traffic is to set to be opened up to competition starting in twenty twenty ending the essence yes or no. and germany's flag carrier little towns a has cancelled more than eight hundred flights planned for tuesday after public sector union vahey announced walkouts of its own at some german airports flights leaving from airports in frankfurt cologne bremen and munich at been affected some of them are long haul routes lufthansa say its ninety thousand passengers will be hit bertie is demanding
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a six percent pay rise for millions of employees in various public sector jobs across the country. and china's foreign ministry is complaining trade negotiations with the united states are impossible under the current circumstances beijing has pledged to counter attack of great strength if the u.s. follows through with tariffs of an extra one hundred billion dollars in chinese goods president dong trump tweeted today that there are arrangements to stupid trait meanwhile china is trying to improve relations with japan chinese premier league met the head of japan's trade commission a corner in beijing it's a first economic dialogue between china and japan since twenty ten maybe it could lead to trade flows moving in a different direction. now the diesel emission scandal hits two whole years ago and yet the germans are still struggling to catch up on the global
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shift towards clean automotive technology fuel cells are just one example and if the germans don't have it motorists will just switch makers. it's where lives and works and like many norwegians she loves german cars even her grandfather swore by the v.w. beetle. i've always been driving german cars. this so this is actually my first asian produced car and i never thought that i would ever drive in the german car so i think my grandfather he would turn in this great. get now drives a toyota me right a fuel cell vehicle that runs on hydrogen it's a type of car that no german auto maker currently offers fuel cells are very
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environmentally friendly that's why the norwegian government is promoting them there are no harmful exhaust emissions only water vapor but for a bird get in her family that's not the only reason for their decision to buy one the hydrogen car. you know drive in the bus lane so i can park for free in public spaces. and get around a bit quicker and cheaper. with. the other cars. the benefits already begin when the show room. gets current dealer explains that there are hardly any taxes on a fuel cell car. unlike with a conventional engine the government doesn't charge. fees. fifty thousand euros that's not a bargain but it's almost thirty thousand euros less than in germany.
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hydrogen. it would be good to have better selection and it will make it easier to make more stations if you. find a market in norway along with other forms of the mobility there is growing demand for fuel cells they produce the power that drives electric motors from hydrogen and vats can be produced in an environmentally friendly manner. photovoltaics. the electricity that's needed for. the hydrogen from water. hydrogen stations get the necessary energy from. electric plants. and would still like to drive a german car again in future but for now she's happy. and not just because of the
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