tv Business - News Deutsche Welle August 5, 2018 5:02am-5:16am 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 beyond the entity we're 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 and are calling on the government for a crisis aid program and can have spoken. 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 wrench or rain and heat wave small frequent. and that worldwide this year even the far northeast struggling with unusually high temperatures. a new law has given the german government power to block takeovers of german companies like life 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 quit 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 known european one from australia bought stakes in the business of tanya. but when a chinese company wants to invest it's being prevented supposedly for reasons of security. some analysts argue such fears will backfire on german businesses wanting greater access to china sensitive adeleke the top big
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to put our hope and we do yes our government is a very responsible but at the same time respecting that there is. 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 a 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 marks the latest triumph of the
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trend setting company that two moderates named steve started a silicon valley garridge forty two years ago but in one thousand nine hundred seven it was on the brink of collapse its macintosh deck's top selling consumer seemingly unwilling to pay more for it than its 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 thirty everyone has i phones i pads i products and or on the air 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
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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 from our 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. is a sin 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
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location will be made by the end of the year just recently tests that announce their plans to build a large factory in china the news emerged just ahead of test last quarter figures this week losses doubled to seven hundred twenty million dollars as the company struggles to. production of it's myth market model three saddam. fought starving on the other hand is earning more than ever before despite diesel gate and it isn't 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 just the same period last year but first started warns the second half of this year could be difficult it could struggle to comply with new emission standards apply 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
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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 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 siemens c.e.o. joe kayser carried out his last restructuring plan i'm now he's out of again the three sectors gas and power smart infrastructure and digital industry will now be autonomous they 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
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merged something that has a ready happened in other areas of the siemens group medical technology division health in the years went public in march in aston siemens is telling shareholders that some of the separate parts is worth more than they are to get their. legal entity by itself doesn't create any value. it's more what you have in there and should be any necessity to do so because this is going to do in the hands of a sustainable stakeholder oriented value. routed through to people because we created the optionality still unclear is what effect the restructuring will have on siemens three hundred eighty thousand workers worldwide germany's i.t. 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.
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for a 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 there they want the government to restrict the number of operators working for right chair services like cab if i. never get up to this is the first time the taxis have taken a decision we're one hundred percent together on this and 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 had been laid on but they were still packed full it we're trying with all bail because the bus was four suitcases is very difficult for us honestly it's a tough day today especially with children and six hours jetlag things are hard.
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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 be worked out over the next few months but for now at least the taxi driver sell celebrating 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 purchases they return the books when they pop in for their next shop in exchange for a new clean one the project is
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a matter of personal ethics for the supermarket manager. just as when i 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. m a shopkeeper by the north sea and we have to do something. especially the north sea sustainability something has to be done. almost. and if this project proves to be a success it could soon be rolled out in medical supermarkets pulled across germany .
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. how to cover more than just one reality. where i come from we have a transatlantic way of looking at things that's because my father is from germany my mother is from the united states of america so i realized fairly early that it makes sense to explain different realities. and now here at the heart of the european union in brussels we have twenty eight different realities and so i think people are really looking for a new journalist they can trust for them. make sense of. them is not stuff i work a double.
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