french from the father charged with financing terrorism accused of handing cash to the so-called islamic states the cement company denies part of the charges but they could face a multi million euro fine. also coming up amazon is recruiting entrepreneurs to go the last mile delivering packages for the company and. football's costly world cup ever russia puts an astronomical bill to host the event is it worth it. this is your business update that the most serious allegations against a french company in many years cement supplier the father has been charged with complicity in crimes against humanity according to one of the plaintiffs it's the first time any parent company in the world has received the charge it comes after investigations into their business practices in war torn syria. lafarge is charged

with paying almost thirteen million euros to jihad this including the so-called islamic state to keep a factory open in war torn syria a planned in july continued running long after other french companies had pulled out of the country investigators say the payments were considered a tax in exchange for which militants allowed free movement of the company's staff and goods inside the war zone the company's complicity in the terror group's activities were uncovered by human rights groups are probably. third on. the far shore is the only company to remain in the region despite the region being controlled by the us farce didn't take necessary measures to protect the safety of the employees of its syrian subsidiary people were abducted there were kidnappings there were murders also all of force is suspected of having financed the i.a.s. and thus a terrorist enterprise. according to paris ordered to

hand over thirty million euros as a security deposit ahead of the trial it has charged eight former executives with financing a terrorist group and endangering the lives of others far said it would take legal action to get the charges dropped insisting that the company as a whole was not responsible a company statement says that lafarge took firm measures as soon as they were informed and that none of the people charged is part of the company today. amazon has long wooed shoppers with quick delivery botch with ever more customers wanting that touches says foster befall is having trouble keeping up at the same time the retail giant as trying to wean itself off dependency on logistics firms so who's going to fix the problem well you are that is if you find yourself as an entrepreneur. these grey vans could help ease amazon so-called last mile problem

the number of online orders is on the rise and customers expect quick delivery to their doorstep that's why the e-commerce giant wants to build its own delivery services contractors can lease the vans from amazon and set up their own fleets for around ten thousand us dollars. we've got great uniform pricing we've got fuel contracts that people can sign up for we've done negotiations for benefits packages and insurance rates for both the vehicles and for their employees amazon claims delivers could see as much as three hundred thousand dollars in profits per year it's unclear precisely how amazon will pay the new couriers and they will not be permitted to carry packages from other companies amazon share in the u.s. e-commerce market is expected to rise to forty one percent this year speeding up its deliveries can only help maintain its leadership. and that's not all amazon

shocked pharmaceutical companies on thursday by announcing the acquisition of licensed drug distributor pill pack yes go to has more on this from wall street yes i'm is a now officially in the pharmacy business so what does the deal involve is that the first sign that i was in the swallowing yet another industry. well at the first glance it is a rather small deal and isn't a spaying about one billion dollars that is a lot of money but not necessarily for amazon and pill peg had a revenue really revenue of about one hundred million dollars but still peg has licenses for pretty much all fifty states here in the united states so yes it is serious they're closer to old saw be. a big player in the pharmaceutical or in the pharmacy business so it is a big step for amazon so the licensing the crucial factor their competitors and

their investors must be on guard after this announcement this announcement certainly sent shock waves through the stock sell to big pharmacies saying take a walgreens for example they just joined the dow jones industrial average on tuesday saw they definitely could have picked a better time that stock lost almost ten percent in value but also other pharmacy chains like c.v.s. all right aid got really hammered here in the thursday session and then also wal-mart had an interest in pill peg but they got outbid by amazon so also the stock of wal-mart under quite some pressure while the stock of amazon gained about two and a half percent it's not going to be easy to really control this industry it is highly regulated but it is a big step for amazon in this little creative business and it's a bitter pill for the likes of walgreens and c.v.s. and called to thank you very much for that. china has been forced to defend its

business record it says it's playing by the rules and has been busy carrying out reforms opening its economy to the world beijing as published a white paper stating that it has carried out every promise made off to join in the world trade organization funding and that is not a single w t o member has economically suffered all lost out because of china's membership but the u.s. and the e.u. both accuse china of continuing protectionist measures including unfairly propping up state owned companies ongoing ban on foreign investment and timidity businesses . british oil giant b.p. is buying chargemaster the u.k.'s largest electric charging company it's reportedly worth around one hundred seventy million dollars and will enable b.p. to expand its charging network across britain expects the number of electric vehicles in the u.k. to search to twelve million by twenty four to.

welcome to callinan grat a russian enclave slap bang in the middle of the baltic coast right now russia is hosting the world cup and callin grad is no exception across the board russia spent more than ten billion euros on the world cup on new airports roads and venues kaliningrad has also splashed out and it's at this stadium costing hundreds of millions of euros where the england versus belgium match kicks off in the past few hours but when when all the footy fans go will the expensive been worth it. these sucker fans are spending their evenings partying in the polish city of get down and not one hundred fifty kilometers away in kaliningrad where their team's games are taking place there among many world cup tourists who've been priced out of hotels in the host cities in kaliningrad and night the commendation will set you back at least two hundred euros. you can see why kaliningrad is keen to bring money

back in this city stadium cost two hundred thirty five million euros after the world cup it will become the training ground for baltic kaliningrad a second division russian team. to kaliningrad has a population of around half a million the biggest employer here is the carmaker up to tor its vice president says the city is a good place for business. work there is no crime pretty tax. no tax on companies truths no tax on land and there are also the eighty exemptions those incentives may well be the reason b.m.w. is reportedly planning to set up operations in kaliningrad but while the city might be good for business for ordinary soccer fans it's simply too expensive and talking about expensive sports where giant added us is expected to sell some eight million football kits at this year's world cup now that's despite germany's early

exit from the championship some outlets of the important thing selling germany shirts at half price the former champions humiliation is unlikely to have too big an impact on business for us the german companies sponsoring a total of twelve teams six of which have already secured a place in the knockout round. and there's one thing on thursday which took the fears out of england's world cup celebrations and i'm not just talking about belgium but rather the lack of bubbles in the beer as a drink shortage in the u.k. as companies run out of carbon dioxide. the timing could hardly be worse sweltering summer weather world cup fever england still in the running and looming over it all the prospect of a soft drinks and beer shortage. be sure to be right in the streets we have not met especially if you're going to discover how in the flip side

we need to be able what's the point of you know i just are i don't know so it's something that so far fetched you have not been able to have. i think it's pretty often i think about it quite right now i would do just what you sleep with. the c o two used in fizzy drinks is produced as a byproduct in the money factoring a first allies or many plants holds production in the summer hence the current shortage and this year higher than usual demand has been added to the mix production of the bubble enabling substance should be back on track in mid july in the meantime some british soccer fans might have to make do with his free will instead. well it's time for us to call time on y'all business for today don't forget to check us out on social media i'll be back with more tomorrow same time same place see of.

the tom de. frank in

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