tv Business - News Deutsche Welle June 7, 2018 7:15pm-7:30pm CEST
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restores your faith in humanity i said you have to talk me out else those will have your business updates in just a matter. of . the school exercise book filled with stories of war atrocities written by brave people who want justice a flea can. now this picture was taken in. the treasure was shot to prove what's going on in the central african republic. it's in an exercise
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post alongside many other photos of people who were abused raped women and girls who gave birth to one wanting children out of them in addition of. africa deal with winning documentary starting june fourteenth on d. w. . it's the mega merger that traders have been waiting for but environmentalist's have fought so hard against germany's by the us is monsanto creating the globe's biggest player in the chemical sector while the new company control the world's food supply one day. europe's top football leagues flex their financial muscle scoring another season of record revenues. and all dressed up with nowhere to go in the eyes move or reach the. it's a rocky road and there's
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a status symbols made in germany. this is the w. business my name is gallo it's the largest ever thought of causation by a german company chemicals group by a has sealed its takeover of u.s. seeds maker monsanto is worth sixty three billion dollars and makes by an even bigger global player the name on sun toll is said to disappear but its products remain including the controversial weed killer round up which contains the chemical glass as it. it took almost two years but it's finally done with its purchase of months by a becomes the largest agra chemical company in the world. it holds just over thirty percent of the global market that's ahead of the chinese swiss firm came china syngenta which has just over twenty eight percent then it's the u.s. business dow dupont with seventeen and a half percent b.s.f. controls about thirteen and
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a half percent of the global market you know other words just five corporate entities will determine the direction of global agriculture and the nutrition of humanity while the world's population grows ten billion people by twenty fifty according to current estimates because farmland isn't increasing it's up to these five firms to figure out how to coax more out of the ground that's already under the plow. only by itself and as a correspondent is in frankfurt what are the prospects for the new company. that's a major challenges ahead financing doesn't seem to be one of them up when you talk to observers i say it's a solidly finance company and there is a challenge though in degrading the company that may sound trite when you bring two together but big mergers have failed before time there chrysler is one such example which was hailed as a marriage in heaven by the participants when it was formed it turned out to be
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exactly the opposite it's just difficult to get two cultures together and to make something like this work on a grand scale basically from from one moment to the next and the other challenge is you mentioned the word agra capital that's the connection with monsanto while the monsanto name well disappear the reputation of the activities of course is still within by and by has to find a good way between making the company still profitable as it was that was the main reason why i took it over and making it ethically uncontestable for the public of shareholders and the world at large only bonds and friends and thank you. despite all those megamergers german industry is beginning to slow down in may demand for industrial products dropped for the fourth month in a row germany's federal economic ministry figures show that germany recorded two point five percent less factory orders and the month before due to declining demand from within the eurozone economists expected growth of zero point eight percent the
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reason given for the receding orders is the general insecurity caused by international trade disputes. the football world cup finals in russia just a week away now and european teams of course are among the favorites to win no wonder if you look at the kind of money that is being made in european soccer a new study by the law it says the european football market is now worth twenty five and a half billion euros more than half of it generated by only five leagues france's top leaders the lowest of them of the big five at one point six billion euros last season italy's siri a rather saw revenue grow by eight percent to more than two billion euros the bulk of that growth came from into milan's a causation by china's soon incorporation germany has been asleep that is in third place clubs like chicago by and showed strong revenue growth up fifteen percent across all teams to two point eight billion euros by the way the bundesliga is
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number one for match attendance with an average of more than forty four thousand loyal fans cheering each game in revenue terms spain's top league has overtaken the women's league and to be the world's second highest revenue generating league there is still the war by europe's number one and of course the english premier league with total revenues above five billion euros all its twenty clubs have said annual records just ten years ago more than half of premier league clubs were making actually operating loss. earlier i spoke to the author of that report stefan neutrik and i asked him what was pushing this kind of growth. it's been always like that i would like to to say the biggest growth comes from the big five leaks which you just mentioned the total market of twenty five billion grew by approximately four percent the key driver are these big five leagues from the big five countries
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most important for them. constant growth in media rights generation england spain and france just started a new contract period with the t.v. and media broadcasters germany will start next hour this season in seventeen eighteen and will actually overtake spain again with that new broadcast revenues so in addition to that it's also commercial rights what's the big picture significance of soccer in europe is it economically useful is it generating more jobs or income for other sectors definitely it has an enormous economic impact if you just take the bonus league there are fourteen thousand people employed by the eighteen bundesliga clubs if you take related businesses and services around a football match such as catering services security and other areas it adds up to
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thirty five thousand people who are employed in the area around football matches and the football business. briefly if you can one of the trends that you are sporting right now. what we see is a change in consumer behavior and media consumption so it will be very interesting if the the new players on the field in the media business which also come from the online and digital sector will continue to drive the revenue growth in the next couple of years there is still an enormous interest by broadcasters and sponsorship companies this has also been a key driver in the past years and i'm sure it will continue to be a driver stefan lutie head of the sports business group at dillard's thank you very much for joining us tonight. and one of those new revenue streams stefan just
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mentioned of course streaming services amazon says it has just secured the rights to broadcast premier league football matches the latest disruption to the traditional broadcasting landscape the first english football league the world's most lucrative as we've just seen awarded the retailer the rights to stream twenty matches percy's in for the next three years but only to amazon prime subscribers in the u.k. and as it has recently been broadcasting most ordering events including n.f.l. games and professional tennis tournaments. in india economic growth could soon outpace that of china rising incomes have also fuel the appetite of the country's nouveau riche for luxury cars last year the three million passenger cars sold there forty thousand were luxury sedans s.u.v.s and sports cars but congested and bumpy roads and high taxes are making it hard to enjoy the ride no matter how luxuries
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your vehicle is. for deepak sharma this shiny roadster is a dream come true. the fashion designer has been a fan of mercedes ever since he was a young boy he graduated from business school a year ago. and that's when his grandfather a farmer gave in the sports coupe that he my grandfather of throwing the thing and this is where they're weak and vegetable fields used to be but now it's prime real estate with india's economic growth there's a demand for land and soaring property prices have transformed the outskirts of delhi farming families like de perhaps have become millionaires youngsters like me who are into fighting things and all of this is the most. it may look good but driving a luxury car on india's rough roads is anything but easy. orders. of
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these guys because they don't need. the billboards the ratios of clothing with me please awards. after a minute carefully today. because there are those stories coming out from what awards it can really damage or. time deep that can really step on the gas is when he's out on the highway but soon heavy traffic puts the brakes on the joyride. it's an expensive passion day pax car cost about four point five million rupees or about fifty six thousand euros that's a hefty price tag for a fancy ride showrooms like this one are thriving here the used car sell for about forty percent less than when they're bought new it's a big draw for customers. in india very few people can afford nude luxury cars. that's because they're more
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expensive here than in most other countries but buyers like deepak are already dreaming of bigger things he now wants to buy a luxury sports utility vehicle to better navigate the bumpy roads in remote areas . he stays connected to his roots here in this village in the northern state of how . his family still owns farm land here it's a place where no rolls royce or mercedes will ever dare to venture for a and that's it for me and the business seeing him badly and how do i get us we'll have an update for you in the next hour thanks for watching barbara.
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greenburg international talk show and for journalists to discuss the topic of the week the malls most powerful leaders assemble in canada the g seven looks to be at risk of devolving into what she six plus one truck goes it alone to europe at a loss that's our topic ontogeny. news. story so that people of the world for
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you on facebook and twitter up to date and in touch follow us. to a how the germans came together in one nation from showing their money to. chancellor although from bismarck. the history of the germans has been shaped like great lawyers. ice will always to bring my royal college of that to protect christendom and spread fine truth if you please we love to focus. are we to fall back a bit to the enemy and talk to him and steer by courageous decisions lead to the town of those who chose your masters reserve received the crown of our room from god and not from his presumptuous servant the sky is holy saarc summit meeting tomorrow we will have defeated the enemy all will never see one another again but. we must for cheap peace.
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play the germans have really gone to double play. come up. welcome to quadriga as we speak some of the world's most powerful leaders are assemble again canada for the annual summit of the g. seven countries even before the meeting began there were predictions of acrimony on the agenda is us president trumps decision to impose punitive.
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