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tv   Business - News  Deutsche Welle  May 3, 2018 7:15pm-7:31pm CEST

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you're watching t w news still to come on the program ducking analyst questions as its price or outburst by tesla c.e.o. elon musk that shares getting bentonville and has that story and a whole lot more. coming up in just a few minutes i'm sara kelley in berlin that you so much for watching nothing against. the. story so that people of the world over to our facebook and twitter as well to date and in touch. with us. philosopher and flip stories of doing work and despised. karl marx our kind of communism a man whose ideas change the world
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a little so differently to get home reliving to is he today and what influence does he have on poetry and general culture. on the two hundredth anniversary of his birth or documentary marks and his ears on d w. e w's new c.e.o. says the job an auto giant needs to be more ethical. tries blowing away the clouds of the company's mission scandal. the high price of alienating shareholders tesla boss eagle musk cuts off analysts saying the questions were killing him guess how much it's cost the car maker. and these chinese making dessert wines they're producing a does it wine. is it possible to create
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a world class been teaching the gobi desert. i'm been physical and let's do business you both have at least has used his first general assembly to call for a more honest open truthful and ethical company culture inside is a fear in respect of always rule that folks watching the german comic is still trying to convince the world that it's changing since the emissions cheating scandal. greenpeace activists protest outside v.w. the annual general meeting they're calling for climate friendly vehicles clean up reach this banner and they need the corporate culture as well inside as ever high performance models are on show including hybrids and electric vehicles the diesel great crisis is still not completely out of sight and some shareholders remain skeptical. concern leap from for the company needs its loyal customers if they go you may as well forget about the business altogether. you have to go for the call
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definitely yes that's true if sales are good the dividends will be as well we tried v w two when it comes to decision making at the company the porsche and peace families have their say as well as the v.w. workers can slam the state of lower saxony they all have high hopes for have they made parts in april and he wants to change the corporate culture. in these parts that must become more honest more open and in a word more truthful and so that we don't make ourselves more vulnerable again. he says putting his foot on the gas when it comes to restructuring and electric vehicles. the moment mr d's has brought their brand forward which his predecessors didn't do. breath the fresh air. is not from the old b. w. school so hopefully she will not be tainted by the diesel issue. and
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that's the view most small investors seem to share the newly appointed v.w. boss start his job with a vote of confidence. from the exchange what are the chances of changing the company v.w. will. six hundred forty thousand employees at v.w. and most of the top echelon some of them he's jettisoned but most of them are still along for the ride and when you look at the supervisory board the ownership structure of the province of lower saxony the peers in the porsche families and the huge influence of the workers' council has up of against quite some opposition and instigated a new whistleblower program or put some more force behind the integration for and taken integrity and the question is he will at some point have to produce results
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to show people that he really has some bite whether he can really do that in that environment they question mark it's a really tough job exactly it's amazing though that a company has to instate a whistle blowing program now before i let you go willy i want to ask you about this next conference call the back five big time while electric cars make a tesla continues to burn through more cash than its earning c.e.o. evil must has done little to ease investors fears instead during the cold with shareholders hebrew fused to answer analysts questions calling them so dry and so not cool test the share price plunged the company losing over two billion dollars of market capitalization in just a phone call the episode shouldn't put a dent in sales or over four hundred fifty thousand people on waiting lists for tens of. believe you come across this sort of thing before.
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i've heard about this sort of thing before an analyst once told me you work for a bank that back in the day of ph when he was c.e.o. of but you yes the critical question he was new in the round of analysts. apparently fed in a fish didn't like that replied icily. basically threatened the guy you won't be back here next year the other analysts said that's not the way to question them but that was out of the public eye those kinds of rounds then. we're not public and this one is very public is mr moss losing it. i don't know i didn't i wasn't there to witness it but i do i think the that kind of behavior is symptomatic of someone who is losing touch with reality and who did a very unprofessional job because in that second people he wants to not only go to the movie was to go to mars doesn't. well that's another thing. we won't go there every worker there will they. thank you very much you leave us there for
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as a friend but the chinese company shalmi hasn't been around for long but it's so when one of the biggest smartphone makers in the world and now the next milestone an initial public offering on the whole go stock exchange this year the company reportedly hopes to raise ten billion dollars mo this thing that would make this is the biggest i.p.o. since chinese e-commerce giant hadlee baba launched on the new york stock exchange in twenty fourteen in the first quarter of the year show me sold twenty eight million smartphones that's close to ten percent of the global market. compensation at long last for thousands of miners in south africa who contract that lung disease the settlement is the result of years of campaigning is worth around four hundred million dollars it covers workers from several big mining companies employ between one hundred sixty five and today many got tuberculosis after inhaling silica dust while drilling the families of those who died will be
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compensated as part of the deal. added as is sticking to an advertising deal with kanye west despite pressure to cut ties the american rapper sparked outrage this week describing slavery as a choice thousands signed an online petition for the german sportswear brand to end its three year old partnership with him the chief executive of the horse that says while added us doesn't support west's comments it remains very committed to the collaboration if it helps send shares south by almost seven percent despite profits bounding forward in the first quarter. now anyone who paid attention in geography class will know the gobi desert is huge dry and freezing cold but it's also considered the most fertile part of mongolia and with china's community of wine lovers growing by double digits every year why not make wine there.
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a vineyard on the edge of the gobi desert in the springtime the great vines are cleared off after spending that cold dry winter covered in protective soil it takes several weeks to resurrect the vineyard which is artificially irrigated but no one funky isn't at all put off by the challenges the wife will ok even though it's expensive and complicated we said let's do this we want to be able to make our own high quality chinese wine. since setting up the canon winery in the new province seven years ago one fung has been granted a number of accolades she discovered her love of wine in germany where she lived for a decade the vintner and her staff are always experimenting to get tastes just right she doesn't have a professional qualification but you don't necessarily need one to be able to identify the perfect flavor so what's her secret. my wine palate.
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i love wine. drinking it is my hobby and. if you really love wine and you need to be able to rely on your palate need to be able to say no that's not right. something's still missing. one funks father has a winery of his own right across the way one thing you was the first person to cultivate grapes in the region that was fifteen years ago despite the less than ideal climate he was confident that the soil was suitable the retired agricultural engineer and a colleague thanks to the authorities to lease them a piece of land. back then they said nothing would come of this old folks wanting to grow wine here. but one thing you stuck to his guns and these days investing and wine has become fashionable even the regional government has and on the game it's invested some eight hundred million euros in this sector today
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authorities are inspecting a prospective wine growing site investing here means joining a stake cooperative group or that the fun of one day of premium brand of chinese wines will be produced here so for small wine growers are the only ones to have really found success here one fun produces eighty thousand bottles a year she's introduced to reasoning who have a great from germany she often gets visits from abroad her wines cost between twenty and one hundred fifty euros a bottle. but. it's a higher price than what you would pay for a similar quality and other countries that have a history of wine growing people but i think it'll settle and it's certainly high quality. they're hoping that one day they go be desert will be familiar to wine lovers the world over. on the before we go it's low the big american companies
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test job seekers for drug use but that's about to change as far as marijuana is concerned that is the reason filling jobs in the u.s. is getting too tough drug tests were introduced thirty years ago after a federal law required government contractors to maintain drug free workplaces but experts say the marijuana test excludes too many potential workers it comes as some states legalize cannabis for recreational use please note that this still does not permit workers to get high on the job. i don't business with. instruments. such as.
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the time. comes. to a. tremendous. move more intrigue international talk show journalists discuss the topic of the week some of the interest freedom day quadriga is taking a look at. in the age of social media does the free press what really matters journalists under fire who cares. so much.
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he has told some of his presidents read the type of hour long for the anonymous crests. meaghan. for celebration of world press freedom day. special accidentally shot some frustration years ago and the trouble is. stunning time the photo moment. how can he get out. of. with hidden code own series. shipped this week on g.w. . global inequality. inequality in a global economic did well. when
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a difference in disadvantage is. enjoying the city. to the media. and how. liberal media. hello and welcome it is world press freedom day and we're devoting this episode of quadriga to assessing how well journalists the world over are able to do their job which of course is nothing less than telling the truth and let me start out by saying the news isn't good right here at d w our colleagues are calling attention to rising repression they're posting images of the turkish publicists and brothers on the.