tv Business - News Deutsche Welle June 5, 2018 1:15pm-1:31pm CEST
1:15 pm
ah based. that's if and all from me under that she might do still the good news because business news is coming up monica jones astounding you have all the business headlines for you to stay with us if you get. such. going to. come the germans came together in one nation from the money to chancellor all telephone booths monsanto and the history of the germans has been shaped by great rulers and nice well for ways to bring my royal college of fashion to protect christendom and spread the truth of the phone a week before they could be full of the enemy and tom up
1:16 pm
and steered by courageous decisions for the free must follow the slave clint's the germans every week on. but. facebook is at the center of another privacy scandal this time over it sharing of user data with device makers such as apple amazon some sun and others over the past decade without the users explicit consent also coming up a world addicted to plastic on dwelt environment today we look to asia the region's booming economy stomp more plastic into the seas than the rest of the globe combined. welcome to the business so did mark zucker back hide the
1:17 pm
truth when being questioned by the e.u. recently he said that everything you share on facebook you own and you have complete control over who sees it and how you share it but an article in the new york times reports the social network has given at least sixty device makers access to use as friends data without explicit consent and even as facebook denied there was anything wrong with those arrangements journalists and whistleblowers testified at a hearing into the cambridge and analytic a case of the european parliament. worries about data theft and privacy breaches drove the hearing with the committee on civil liberties justice and home affairs on monday night european lawmakers looked at ways to ensure data protection and prevent illegal use of collected personal information this comes in the wake of the facebook data breach scandal in which cambridge analytical used personal data to detect political preferences and when if you're late voters. proponents of
1:18 pm
political micro-targeting insist it is necessary tool for engaging with electorates however unless these political technology machines are built upon fundamental rates of access and privacy by design it strains credulity that democracy can survive uninjured if we do not absorb the difficult lessons that we can learn from the cambridge analytical catastrophe the hearing also aims to identify how the misuse of these data encroached on europeans fundamental rights such as privacy and of the right to impartial information the european parliament is also looking at where the facebook abused its dominant market position hearings are set to continue until next month. starbucks c.e.o. howard schultz has announced he is retiring from the coffee company over thirty seven years he has transformed starbucks from a single coffee shop in seattle into
1:19 pm
a global brand most recently aligning the company with political issues like race and jobs for underprivileged youth should says he's considering going into the public sector with some people expecting a presidential run in twenty twenty choices an outspoken critic of u.s. presidents donnish trump and might run against him as a democrat ticket. the german chemicals group by is very close to finishing its takeover of u.s. seeds john to monsanto the sixty three billion dollars buyout is set to close on thursday. ditching the name on some to vote it's been the target of protests and lawsuits for years but months on to products will keep their names like round up which contains the controversial herbicide choli for state insists that monsanto is crop protection technology and to genetically modified seeds are vital to feeding a growing global population. that's a lot to talk about with a man of the frankfurt stock exchange only the fire monsanto deal is worth sixty
1:20 pm
three billion dollars it's the largest ever foreign takeover by a german company our investors are following the final finishing touches right to the end. yes they sure are especially as it's involved with a capital raising issue buyer has of course incurred great debt low interest rates that seem as it seems is a favorable time to aid in the financing of this huge sum that it has to shoulder for the takeover but it also is issuing new shares and that's a relatively new piece of news this week and the new shares to the tune of seven billion dollars and that means of course that the value of the existing shares gets watered down at the same earnings get spread out now to additional shares along with the old shares that's a slight negative reaction you see here but it sure is a big deal that everybody's talking about and people are of two minds about this
1:21 pm
having put monsanto into the into the mix putting at stake basically the good household the bayer name with this company which many see as reckless and. environmentally and health hazard people don't like that but analysts who study the industry say it's a very good fit good for the future for a buyer now you already mentioned the controversial months until names i mean bio will drop that name. for a major reasons presumably but do you think that will make a difference. no i don't think it will make a difference other companies drop other companies names to when they when they take over deutsche bank for example took over bankers trust bankers trust the name was never heard from again they took the people in this case you can see it is a gesture that monsanto will disappear we hear that the americans don't like but it
1:22 pm
won't raise the issues that surround what monsanto did so far and what is still doing with the products an analyst i talked to said he'll be interested to see if there are any suits that might incur expensive legal costs in. to to that in the future all right and really just briefly your take on starbucks c.e.o. schultz and his. possible political ambitions. it's a pretty spectacular move he's an attractive personality a very successful entrepreneur starbucks thrived under his leadership the company had some bad news recently but with a very good story and multiply the share price for its shareholders if he moves into the political realm it won't be easy business men moving without office experience into the presidency while donald trump littered without holding public office previously but he did it on a populist message childes having endorsed the democratic side it will be a stretch but it will be interesting to see how he builds us up in the next few
1:23 pm
years it will be a first a few makes it on a moderate message on an invention as agenda the white house and then it could certainly be an exciting election campaign that would leave us in frankly i think is a much right. it's world environment today today but it's not necessarily a day to celebrate to the u.n. is using the occasion to raise the alarm about plastic pollution calling it a planetary crisis plastic is cheap lightweight and durable but it's generally not biodegradable meaning more and more plastic waste is littering our planet of the main culprits single use plastic items which make up half of all the plastic we use in particular plastic bottles and plastic bags around the world some one million plastic drinking bottles and one million plastic bags are purchased every minute and it's that suffer most from this plastic epidemic altogether up to thirteen
1:24 pm
million tons of plastic are washed into the sea every year smothering coral reefs and threatening vulnerable marine wildlife only last week a pilot whale that died in thailand was found to have eight kilograms of plastic waste in its stomach in. eighty plastic bags not an icepick just an alarming study by ocean conservancy a washington based nonprofit organization has found that the booming economies of southeast asia dumped more plastic in the seas than the rest of the world combined . just south of the vietnamese capital hanoi the one senate breach of how luck is choking under the plastic onslaught. how luck officials struggle to keep up with the deluge which washes in with every high tide there seems to be more plastic than sand on this tree line form a paradise has evolved the route they put everything in a plastic bag if they're preserving shrimp or preserving fish they put it in the plastic back when they finish the just throw the bags into the ocean the trash
1:25 pm
floats to wherever the sea level rises but we didn't think that. the study by the university of georgia says vietnam is the world's fourth largest marine plastic polluter in thailand recently veterinarians fought for days to save a beached whale when their efforts failed an autopsy revealed eighty pieces of plastic rubbish wearing a total eight kilograms in its stomach toys use a phenomenal amount of plastic from street vendors selling sartaj to shop clerks putting purchases into multiple bags plastic bags are part of daily life for thai workers who use them at lunchtime to buy takeaway food thinking. that what i need to use plastic bags because i usually don't have a bag on me when it's on yeah. i usually don't need a plastic bag don't get me the ones i. say. hello plastic is
1:26 pm
everywhere there are no effective national or regional policies in place to deal with the problem. i see and. says the problem needs to be addressed but there's no action plan that will actually decrease these of plastic. bangkok's metropolitan administration says the city's ten million residents use eighteen million plastic bags a day the problem has grown out of all proportions and much ends up on the country's beaches. britain's government has sold two point nine billion euros worth of its shares in the royal bank of scotland the british government sold the shares overnight around half of what he paid when bailing out the r.b.s. in two thousand and eight the government had decided to start selling off its stake three years ago the plan was only partially carried out because and then the snow share price the government is set to sell the rest of its sixty two percent stake
1:27 pm
in r.b.s. over the next few years. as your business update here on this hour because in the next we'll be back with the latest in the meantime of course you can check out our website or you can follow us on twitter for the very latest hopefully see you in an hour from now in the meantime we leave you with a look at some market action. true to the book. i'm.
1:28 pm
going to. talk to a man. on the bugle . call. or i'm. the sophisticated bank depositors of the horn tell last. of the fish that's good for surprises. all of us forces of my own a researcher investigates nature's own high tech to inspire his own pioneering work in medical technology. animal kingdom is a treasure trove of brilliant ideas tomorrow today sixty minutes long.
1:29 pm
earth home to millions of species of home worth saving. google ideas tell stories of creative people and innovative projects around the world ideas that protect the climate boost clean energy solutions and reforestation . using interactive content to inspire people to take action global audience the series of global three thousand on t.w. and online. you can tell much about a society by its garbage. the few worthless for the rich but for many poor people it offers there come a chance of survival. and i could lunch for today just like the. reporters travel to nairobi in the morning and meet people who know the true value of garbage . it has created a thriving parallel economy. but much of this makes for economic inequality
1:30 pm
around the world you guys are starting place was the response to that statement should be yes we are starting to as we want to have. the rich the the trash an exclusive record starting to live on t w. but i want to see read about adonis got the ball he dribbles it past the english players says one comes up from behind the dodges the next one passes the defense reaches the goal and the goalie comes out but marianna doesn't strike it dribbles the ball past the goalkeeper to get it and then end it goes the most beautiful goal ever the dog ok in both.
42 Views
Uploaded by TV Archive on