the wonders first factory is now up and running. but with only five thousand cars to roll off the production line for now. doing it and. searching for a place to park all its cars as they line up for emissions testing. airport here waiting to be filled also coming up the green light for disney entertainment giant is one step closer to taking over a film studio fox to the department of justice. i'm daniel winter and this is a business update. on has opened a new factory in rwanda the fall of v.w. facility on the continent following in the tire tracks of south africa nigeria kenya but the german comic it came to rwanda not simply just vehicles but to try out a new strategy in car sharing and writing services as well. some finishing

touches just before president called me arrive to launch the first ever car mate in rwanda or at least assembled here with parts from south africa. creating industries something that they really want to build and this shows that a global brand like you can actually find the right conditions to be able to assemble that's it's very historic for us and i'm very excited about better for expansion plans to build up to five thousand cars annually in rwanda creating a brand new jobs the twenty million dollar investment as part of the german carmakers expansion into the sub-saharan markets v.w. won't only be selling cars but mobility to. africa. total populations were probably about one point two billion people at the moment of the one point two billion billion people you have maybe one hundred million who can afford a new car if that number twenty thousand dollars plus minus to buy

a vehicle however there are millions and millions of people who have a few dollars in the pocket and need to go from a to b. . conceives rwanda is a business focused a country with a tech savvy youthful population rwandans will soon be able to book and pay for car sharing and write hailing options via their mobile phones the op wasn't developed by an international tech giant but by everyone didn't start up. with test six more working night before december and today it's it's really we're really grateful very happy for proud of the progress we've been able to deliver and you're very proud of the feedback that you've got so far the mobility concept aims to address some of rwanda's transportation and congestion problems as he grows traffic jams have become commonplace to get around the city people often hop on the back of a motor taxi. it was still a little time when traffic is actually less. it's to protect if it is

a business or individuals and so this is a mission of sharing and. has is a very important component of has enough money to know what we're trying here is not just an experiment for one boy it's something that we believe could be the key for many countries in africa to create. industrialization with that as a small country rwanda doesn't present too great a risk for. that the investments could mark the beginning of a new journey. answers and across his reporting from kigali in rwanda just five thousand planned for this first phase as we heard at all of the parts are important is it still worth getting excited over. yes you are right the car scam as so called completely knocked down kits from south africa to rhonda and they have to be assembled in the country to become the new car that will be sold here in the country but you have to consider that this. folks wagon has to begin from scratch

here and granda there's now automotive industry and so now and that is how folks work and also started over twenty years ago in china so they have to get started at one point that's what thomas schaeffer told us today at the event if you want to believe in the future you have to start at one point and they consider the sub-saharan african market and merchant importing important market so yes it was an important day for folks who are going to it was also an important day for one which was shown by an incredible media coverage but also the president come to who came to attend the opening and to a two of us at the new facility so the first steps on a much longer journey but what to get out of the venture why i go to rwanda what are they getting out. for fuck's wagon run as a test run for new mobility solutions so folks wagon knows they want to do things

differently on the african market they also have to do them differently the objective is not to build cars for everyone but to find and provide mobility solutions so folks we're going to now the first car maker on the continent to implement such a strategy right hailing and car sharing concept in africa and maybe kigali is just the right spot for it kigali is a one point two million and have been inhabitants capital city and they decided to experiment here with for the first time one hundred and fifty cars that they will use for right healing in legless in nigeria if you would try the same experiment you would maybe need two thousand cars and that would be a much higher risk all right some of. them quite interesting to four and one across thank you very much for that. i'm back in germany it looks like diesel gates is clogging up supply so unprepared for the amount of emissions testing required there

renting vast swathes of parking space above unfinished you paul. a much delayed airport losing money by the day and i'm baffled car giant in desperate need of storage space to national embarrassment that have however implausibly come to a mutually beneficial arrangement berlin's future airport has to store thousands of fog stuck in cars as they await new emissions tests so how is the idea going down. if it means that berlin takes in more money which can then be used to refinance the airports then i'm in favor of it being used as a parking lot for a v.w. . it will take a while before the airports ready and there's enough space so why not make use of us. on. the diesel emissions scandal forms the backdrop to the story from september first vehicles that haven't passed tough new emissions tests won't be allowed on the road b.w.

has been busy money factoring cars designed to pass the tests. but since so many of them haven't been given the green light yet it's not facing the problem of where to store them in the interim a delivery of some two hundred fifty thousand vehicles could be delayed as a result. thank those dime learned b.m.w. are ahead of b.w. with several models are already approved for the delays are partly due to complications of writing from the emissions scandal has put the air force authorities now hope it will open in twenty twenty nine years behind schedule. so let's leave cars behind now look at some movie magic walt disney has been given the go ahead to bid for assets belonging to twenty first century fox and you trust regulators did lay down some conditions though ordering disney to sell its regional sports networks within ninety days the bit was more than seventy billion dollars is for assets that include the f.x. network and the studio that houses the x.

men franchise. and to our own markets superhero now young scot is watching this from wall street so yes regulatory approval a big step of course and the takeover so is this a done deal. not quite definitely got a big step closer to actually do the biggest acquisition in walt disney's history of they have been on of buying spree they bought the superhero loaded marvel entertainment friendship is that they bought lucasfilm and was that the rights to the star wars empire but there is still a chance that cable operator comcast actually could try and come up with a higher bit more original e in december disney put down fifty two billion dollars on the table then comcast actually said they're going to pay cash sixty five billion dollars now we are at

a good seventy one billion dollars so it's not a done deal yet but disney did get a step closer and the stock was well not down as much as the broad market ok in oil has hit its best closing price since twenty fourteen does this mean big bucks for us shale oil or is a sign the country isn't producing an awful who knows even both. well i mean one thing is certain that the demand for oil is still pretty high and then with the announcement of possible sanctions if countries import oil from iran starting in november is causing some turmoil on the oil market oil was already up quite a bit in the news this session and now on wednesday we had as you mentioned the highest level since two thousand and fourteen well the u.s. is exporting a record amount of oil but the problem with oil is oil is not there's so many different varieties and you can't just replace one oil by the other and then by the

way there was also news that saudi arabia is thinking about it to actually pump eleven million dollars of barrels of oil a day that would be a record but still prices are reaching a year highs so the bottleneck in oil is tightening but that won't remain that way for long guns quite a thank you very much for european soft drinks makers are running out of fear is a shortage of the industrial carbon dioxide that puts the bubbles in to be as soft drinks as left pubs and supermarkets struggling to meet demand the c o two is obtained as a byproduct of the manufacturing of fertilizer but if we can market for the cultural products is that to a decrease in the bubble enabling substance the timing couldn't be worse and in parts of europe has been enjoying unseasonably hot pleather since may triggering a surge in demand for complex of drinks. and it's time for a last sip paul of the old business update today don't forget to check us out on

social media with the plenty on the back i'll be back tomorrow with more same time same place chelsea about. a.

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