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tv   Business - News  Deutsche Welle  August 5, 2018 3:02am-3:15am CEST

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europe is baking in subtropical heat crops across the continent withering german farmer heiko turner's harvest is history. we've had to rate the feet would been storing for winter with nothing in the fields we can't put the young animals out to graze they get winter feed in the sheds because the fields are totally scorched. michael turner expects his losses to top two hundred thousand euros and he's only one of the many farmers who face ruin. felix the amount of people facing the worst harvest of the century many farms face the prospect of going under crop losses are in the range of fifty to seventy percent who are calling on the government for a crisis aid program and prison has become germany's farmers association would like a billion euros from berlin it says that would go some way at least to ease the effects of harvests which are projected to be well down on last year as things stand right now though farmers aren't likely to see any fast cash agriculture
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minister yulia clarke no wants to see what happens before deciding at the end of august climatologists say the parched fields droughts and rising temperatures mean the future could already be upon us. this year if we keep going like we have been by mid century we'll be at a two point four degree increase. extreme weather events like the renshaw rain and heat wave small frequent. and that worldwide this year even the far north is struggling with unusually high temperatures. a new law has given the german government power to block takeovers of german companies like life felt by foreign firms if they encroach on national security the economy ministry had pressed for a veto because life makes tools for the aerospace industry. as it became obvious berlin would reject the deal the chinese withdrew their bid so life remains in
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german hands last week the german government also prevented china's state great corporation from taking a twenty percent holding electricity grid operator fifty hertz instead it asked state owned k. of your bank to buy up a stake berlin was an easy about handing a chinese state company a say in the country's power grid public infrastructure it just too critical to be in the hands of a foreign company. but chinese businesses feel unfairly singled out. and. the case shows a company from belgium and a non european one from australia bought stakes in the business. but when a chinese company wants to invest its bases to china it's sensitive to delegate the top be to our whole but we do guess that our government is
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a very responsible but at the same time respecting that there is any good for having open markets. for having good relations to time but not at any price as far as berlin is concerned foreign investment in german utilities military and aerospace contractors could prove difficult from now on. its share price here two hundred seven dollars and all of a sudden apple was worth a trillion dollars the company made its market debut in one nine hundred eighty with the share price of thirty nine cents if you bought ten thousand dollars worth of shares back then your investment would now be worth six point four million it's the world's first publicly traded company to be valued as a trillion dollars the milestone reached thursday mark fallacious triumph of a trend setting company that two moderates named steve started a silicon valley garridge forty two years ago. by nine hundred ninety seven it was
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on the brink of collapse its macintosh decks top selling consumers seemingly unwilling to pay more for it then it's microsoft alternative. but when it was at the i pod and i phone things began to look up again and apple gained a cult following after the death of co-founder steve jobs tim cook went on to make apple historic stock market success. today actually everyone has i phones i pads i products and or there is significant they have been able to continue to sell product increasing prices higher margins the question of course always is can they continue it you know what's the next product they'll have what's the competition doing you know with the joke being that the next apple competitor is an eighteen year old sitting in a garage somewhere for now though there are plenty of current competitors to worry about it earlier this week china while way over took apple as the number two three
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mark phone maker in the world. new legislation in germany will make online retailers like amazon liable for the sales tax of foreign vendors using their platform. and others would be obliged to provide vendor names addresses and their revenues to the german tax authorities if they don't comply the retail platform operators would become liable themselves for the taxes. should it become law the measure could bring the german government hundreds of millions of euros every year. tesla is in talks with two german states as it explores building a mega factory in europe negotiations are also underway in the netherlands the facility will assemble batteries as well as vehicles test says the decision on the location will be made by the end of the year just recently test announced their
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plans to build a large factory in china the news emerged just ahead of test last quarterly figures this week losses doubled to seven hundred twenty million dollars as the company struggles to accelerate production of its mid market model three saddam. thoughts on the other hand is earning more than ever before despite diesel gate and its in suing costs the group earned six point six billion euros during the first half of twenty eighteen that's two point one percent more than during the same period last year but first starting warns the second half of this year could be difficult. it could struggle to comply with new emission standards applying in the e.u. starting september an entire range of models are currently waiting to be certified . ryanair is facing escalating strike action in europe as it struggles with trade union negotiations this week the budget carriers german pilots voted to strike as they pushed for collective labor agreements after talks
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failed last weekend the union gave management till august the sixth to come up with an offer next friday the tenth of august pilots in belgium sweden and ireland planned to walk out as well. they accuse ryanair of paying much less than other budget airlines charges the carrier denies. it's been five years since lehman c.e.o. joe kayser carried out his last restructuring plan i'm now he's passive again the three sectors gas and power smart infrastructure and digital industry will now be autonomous the run that way decisions can be reached quicker hopefully helping drive sales and earnings behind the restructuring of the plan to float all three independent divisions on the market in separate i.p.o.'s where they can be sold or merged something that has a ready happened in other areas of the siemens group medical technology division
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health in years went public in march in aston siemens is telling shareholders that the some of the separate parts is worth more than they are together. creating a value it's more what you have in their. city to do so because this is going to mean hands a sustainable state called value. because we created the optionality still unclear is what effect the restructuring will have on siemens three hundred eighty thousand workers worldwide germany's id mittal union doesn't expect any additional job cuts it's biting its time and waiting for management to explain what concrete changes the new plan will bring. whole week there was gridlock on barcelona us main concern via thorough fare hundreds of taxes paralyzed inner city traffic and they were even prepared to camp
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there they want the government to restrict the number of operators working for right share services like cab if i. never had it happen this is the first time the taxes have taken a decision we're one hundred percent together on this it has to be thirty to one and nothing else he means that in future only one permit should be issued for every thirty normal taxi permits among those worst hit by the strike tourists trying to get from barcelona airport to the city center extra bus services have been laid on but they were still packed full it we're trying with they're all there because the bus was for suitcases is very difficult for us honestly it's a tough day today especially with children and six hours just like things are hard . what became a nationwide strike ended on wednesday when the transport ministry agreed to limit the number of permits issued to write cheras like over the regulatory details will
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be worked out over the next few months but for now at least the taxi driver says braiding victory. this german supermarket wants to wave goodbye to plastic wrapping customers now have the option of buying their meat and sausages in environmentally friendly reuseable boxes to avoid plastic waste. i think it's great people should prevent place wherever they can he doesn't like i don't think many people are against the green movement they say one person can't make a difference but it can turn into a movement with a lot of impact. customers start by buying a box for their meat and sausage purchasers they return the box when they pop in for their next shop in exchange for a new clean one. the project is a matter of personal ethics for the supermarket manager. mark thomas just as when i
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introduced it because i'm convinced we need to change we have to take new approaches we found a strong partner with a w w f. i'm a shopkeeper by the north sea and we have to do something. especially the north sea sustainability but something has to be done. but most of the city. and if this project proves to be a success it could soon be rolled out in medical supermarkets pulled across germany . take your support team to smarter d.w. force more to. find out more at dot com smart t.v. . enter the conflict zone with tim sebastian. i'll be challenging
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