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tv   Business - News  Deutsche Welle  July 23, 2018 7:15pm-7:31pm CEST

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on top after the break that's it for me i'll be back at the top all the hour of course you know myself follow what else is going on in the world outside your window on our web site as a d w dot com i've got the. earth . home which is of species. a home worth saying to. you those are big changes and must start with small steps global ideas tell stories of creative people and innovative projects around the world. like to use the current climate used green energy solutions and reforestation. to create interactive content teaching the next generation of lesson one that took to
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tech shop. using all channels available to inspire people to take action and more determined to build something new for the next generation globally the environment series of global three thousand on d w and online. at the g twenty summit in argentina the i.m.f. says global g.d.p. growth could drop a hof percent as a result of the current tire of escalation g. twenty ministers are calling fullbacks a dialogue with whom. chinese president xi jinping is in africa because frankly economic ties with the continent secure lucrative investment deals. this is your business i'm god elf straight to. engines
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do pose a threat to global growth that's hardly a surprise to most of us but that's the message from the group of twenty meeting in argentina the i.m.f. fears global growth could be zero point five percent lower due to the current trade climate in a joint statement g twenty finance ministers and central bank has called for dialogue over trade disputes but the final communique failed to mention the escalating trade conflict between the u.s. and china by name so far the two sides have each impose tariffs on each other's goods to the tune of thirty four billion u.s. dollars on friday president on time threatened even more duties on imports from china washington has also angered its allies including the e.u. by imposing tariffs on steel and element. very benign statement there from the g twenty hardly mentioning the trade elephant in the room. is in frankfurt does it did it have any impact on trading today well the trading day here in frankfurt was once again dominated by u.s.
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president donald trump he was making investors nervous this morning already with a tweet with very strong war rhetoric towards the iranian president rabbani then the trade war remains as well and other overshadowing topic here new threats of all even higher terrors for china have made traders here very relaxed and today the blue chip index that's close in the red with only twelve thousand five hundred and forty eight points that's a drop off zero point one percent investors are hoping that with the reporting season that will get in full swing this week in the u.s. but also here in germany shares will again recover. it don't you know in the u.s. tesla came under pressure today as the share price dropped four percent what's happening there. exactly you can get somehow the feeling that tesla is in a rather desperate mood at the moment after the news was breaking that tesla is
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looking for financial help from their suppliers we saw this reaction you mention it the share price went down by four percent in the early trading it seems to be the case that the company asked suppliers to give them a refund of payments which were made in two thousand and sixteen in order to remain profitable and also to be able to do bigger investments in the future tesla has confirmed that a letter was sent out to suppliers but said that only they were asking for a rather small amount of money experts are calling all of this and saying and are frustrated the company has been in has not reached their winning zone since two thousand and three and the biggest problem child for the company remains their current model three the production of this car has been more expensive than origin and plant down here in frankfurt thank you europe's largest budget carrier ryanair has reported a steep fall in earnings in the first quarter net profit dropped twenty percent
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dublin based on blames lower fares higher fuel prices and increased pilots' wages for the drop but it still expects to reach its annual profit forecast of around one point three billion euros strikes by pilots and cabin crew continues to take their toll despite agreements with unions in britain italy france. chinese police have launched a probe into tank shang biotech over the claim over claims that it sold dangerous inoculations to health facilities throughout the country sanctioning shares which had been suspended in the morning were down ten percent they have slumped to forty seven percent since mid july state drug authorities are conducting unannounced inspections on other chinese manufacturers as well some of the vaccines and questions were given routinely to chinese babies as young as three months so far it appears that no patients were harmed. dejan ping has become the first chinese president to visit rwanda it's his second stop in africa g m's to further promote
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china's role as one of the continent's biggest investors she and his wife peng liyuan who welcomed by round us president paul kagame e and his wife visit comes ahead of an emerging economies summit china is heavily involved in building infrastructure in africa including a new railway line in kenya but that project has many critics these animals room freely barely seven kilometers outside kenya's capital nairobi but their unrestricted lifestyle is endangered kenya has contracted the china roads and bridges corp to extend and modernize its main railway line. the first leg connecting mombasa and nairobi was completed in twenty seventeen the second leg will link kenya to neighboring uganda it cuts right through the national park. all these train tracks and noise going to make the park lose the animals and maybe reduce it to his zoos this is
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a natural park where animals can walk in and out they will no longer be able to do that conservationists have been fighting the railway since twenty sixteen to no avail construction of the second leg began in march despite a court order halting the project and elevated track will run across six kilometers of the park perched on pillars between eight and forty meters tall officials insist the animals will still be able to roam freely that area was supposed to be for animals a corridor for wildlife but also as development activities and i country we cannot really shy away from investing in our development the rift valley railway is kenya's biggest infrastructure project since independence and the government hopes the faster transport link will give the economy a boost chinese railways roads and downs are rapidly changing landscapes across africa aimed at accelerating the continent's industrialization they also cement
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beijing's influence. the capital of lithuania could well become a role model when it comes to the mobility of the future in value as many people use the mobility app trophy that clever piece of software could signal the end of city tel box and choking small combines public transport by into one easy to usenet. getting us to let us has an urgent business appointment and needs to get there fast traffic shows him the fastest connections the app uses g.p.s. to look ate his position and list the available transport options do a task and also pay bicycle hires with chafee as well as the car sharing altos he can open with a touch of his smartphone the twenty five year old uses chaffee every day. yeah i think that if you. just. longest younger generation trophy is the brainchild of a local startup it began as
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a hobby for the company's founders after yogi's press of conus graduated from america's renowned massachusetts institute of technology he took part in global computer programming competitions he used those algorithms to build the initial website. so i didn't think that much of the impact so i was always focused on in our technology and solving interesting problems so that's why it's great that we have. kind of cover this for different aspect martina's good and of each year looks after traffics commercial side he sourced investment and began hiring its workforce is now grown to forty five traffic got underway as google maps was launched now one of their biggest customers programming a real time map with so many different transportation alternatives is
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a major challenge. the biggest i would say challenge is to properly process as the g.p.s. signals and it's very nice to show that on the map power actually recall is morning so and was an e.t.a. expected time of arrival to the bus stops old that takes quite a lot of efforts and we've been doing this for twelve years and we still keep updating and i'm dating can improving delegate times who does that traffic is used in over thirty cities worldwide now even in megacities like indonesia capital jakarta it's free for users. founders are also in talks with german city administrations though things are moving only slowly that the transport companies are reluctant to part with data on real time operations and centralized ticket sales the mayor of vilnius had no such qualms the policy do implement here even this is the most radical open to the policy it's open data and just being very open
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to the future being faster than others and being more open to the others in terms of allowing new sometimes the surface. of the market so i think it's very important not to follow the future but to make friends with. traffic insists it exploits no private data and sticks to the letter and spirit of e.u. data protection laws. and offer some rather alarming news which actually could develop into a national emergency for germany the country's breweries running out of bottles. one brewery has even asked its customers for help it wants them to return their empty beer bottles before they go on vacation. although that is possible in bottles as between eight and fifteen cents each not enough customers are returning their empty recyclables many breweries have been caught out short on bottles germans drank more beer than expected this summer first there was the soccer world cup and
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then the unusually hot temperatures it's been months of warm weather in germany and breeze have been selling more beer than ever before the problem is not a sort of beer just not enough bottles to put it experts estimate that there are two billion beer bottles in circulation throughout germany but beer drinkers might be wishing for a few million more. well i hope that turns out well and that's it for me and the business team here in berlin hello humphry well have an update for you here and at the next. before you go here's a real time check on the global markets thank you very much for watching v.w. business.
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we ask the c.e.o. a lot of runway why. me and. sunning themselves on the runway roads and beaches is a favorite pastime of the lambs crazy yes but it's a constant safety risk for humans is there any way to protect these fascinating creatures we found just rocking the lines i'm going to. have laurel to do next on d.w. . iran
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. and isolated geography now a major power in the middle east. one's influence continues to grow politically economically and above all militarily. because does iran truly want peace. the country's opponents have their doubts to isolate. iran from the younger see. the current stance of august fifth on g.w. . is a must for every ballot. box open air festival in northern germany. uk metal battle will showcase dozens of newcomers from the from the.
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c.w. edge club exports are going to pick. up an open air two thousand stores in august second on dublin and on mon. and welcome to tomorrow today this time we're looking at the amazing things animals get up to and what we can learn from them. we meet some seals who call them surely. from the north sea we had in london and catch up with some trouble some people. and we find out how bugs are helping scientists develop new trumps fish humans.

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