all the months of deadlock the u.k. and e.u. would gouri on the terms of their gregg's it divorce sending the pound soaring against the euro meanwhile the crunch cabinet meeting awaits british prime minister theresa may colleagues is set to consider the plans which will make waves for economies on both sides of the channel also coming up once the apple of wall street's awy now will shed to drag down the markets dropping five percent in one day and made in europe germany says it wants europe to produce a third of the world's electric car batteries wrestling market dominance away from asia. this is your business update on how in a home frame that you could join me here appear in union and britain have struck a draw deal on the terms of a briggs it withdrawn agreement with your agreement including how to guarantee there will be no physical border checks reintroduced in northern ireland

a major sticking point in recent weeks british prime minister isa may scheduled a crunch cabinet meeting wednesday but faces stiff opposition from some of her colleagues. and e.u. ministers will be meeting as well to greenlight the latest brags that proposals businesses in both island and northern ireland are awaiting terms of the agreement with bated breath. and you call it cabin on the team taylor has worked at warrenpoint harbor for more than thirty years he's used to stress but now briggs it is bringing northern ireland second largest harbor to its biggest test yet. the operations manager needs only to take a few steps towards the pier to see the problem. in the u.k. look it's going to cost up and all they can do is remember when it was hard border before. and then it was that the lorries how do we have to get across the border

the how to queue up to get that close there people fear we don't know ourselves we're still how we're here between this country and that country what sort of border we're going to talk. about half of the free to riding at warrenpoint continues by land into the republic of ireland thanks to open borders roughly three hundred thousand vehicles pass through warrenpoint annually now brigs it is threatening what's become a critical part of many supply chains however workers have little good to say about the london government the majority of northern ireland voted against drugs it. all the infrastructure in the harbor bloody year. on the road is a year or two coming from the water by the dublin they're also there that's already your money to link all the ports together so feeble is a misfortune call. even the harbor boss normally one to keep her poise says the hours late the uncertainty has become poisonous for all stakeholders but especially

for northern ireland. i even think of a days done we'll still need a longer transition period because twenty one months is just very very short to put in so the seismic changes to the supply chains that are thought that we're talking about how did a new systems. residents of warrenpoint are also concerned. the harbor is the heart of the regional economy. many businesses located themselves here precisely for its proximity to the border the era of ira terror long past. shipping firms dread new bureaucratic hurdles which create new costs and deter customers. at the moment no one is telling me what criteria we have to meet so it's almost like someone saying this is a new game that we are creating but we can't give you the router shit. around eighty percent of all freight in warrenpoint comes from the u.k. the big question now is whether the regional harbor will survive brigs it or

whether shipping routes between the two islands will be fundamentally altered. apple shares tank five percent in the united states dragging all the tech shares down all over the world on tuesday supplies of mobile phone parts and said that their largest customer widely believed to be also couldn't to materially reduce shipments when investors now fear that i phone is not selling as well as they hunt on the cost apple's are already under pressure off to posting disappointing earnings this month back then up will said that it would no longer report sales numbers fool it's flagship small phone investors criticized that is the mission fearing a lack of transparency in the company's bookkeeping. and whispering in a financial course one of so if you meant ski no in new york sophie if you want to sell success as awful does you need those big numbers i phone sales all day when

doing so how does the company win back key investor confidence well whatever they have been trying to do has been an order to get back their investors and cost them a confidence it isn't working very well the stock saw a huge decline earlier this week and while consumers are so buying the more expensive i phone sarah buying less of them and this became clear after apple reported earnings so the solution that apple seems to be thinking about is less transparency and opel diversifying and moving away from the flagship product i phone and roll the service business for example i think the trick here would be to become less dependent on iphone revenue and so this is turning into an urgent matter because now suppliers like lament some are saying a big client has asked to reduce shipments laments of that not mention apple by name but they did say that its guidance is due to

a request from one of our largest customers. months before us in new york so he can keep. germany has one billion euros to support an alliance of companies looking to produce battery cells for electric cars now the matches and else fi connie minister paid out my design to reduce the dependence of german call makers on asian battery supplies says europe should aim to produce the third well why battery supplies by twenty. the future of the automobile sector is electric a message that is finally hitting home in germany the country now has fifty four thousand electric cars on the road that's not many but twenty thousand more than just a year ago. more and more german carmakers are producing electric models books wagon has announced a total sales target for all of its brands of three million units per year by twenty twenty five but to meet those goals manufacturers need huge amounts of

battery cells and there are not enough of them in germany so not just battery producers are in japan china and south korea and so far they have the market effect of the cornered but that's all set to change the federal government to no wants to invest a billion euros to promote battery so production by twenty twenty one people. that simply want to put our horsepower on the road we no longer want to simply finance research and talk about applications we want to set a tangible course for battery production on a large scale in europe. several companies are teaming up to build their own production facilities in germany up to now carmakers have shied away from the huge investments needed for battery cell production prefer instead to focus on meeting the costs of new electric and self driving models and stricter emission standards. well here in germany buses are also struggling to rev into action in the

mobility market there are almost no manufacturers all the lecture buses in germany and launch the pies remain reluctant to enter the market that's making it hard to cities to clean up emissions but things have very different in the chinese city. bus driver is laying appreciates the quiet drive in her electric bus she doesn't miss the old diesel model a bit. to the to told her this course is easy to operate so work is now more relaxed and it's very good for the environment. chansons fleet of sixteen thousand buses is now completely electric that's unique for a city of its size the high tech metropolis made the switch in just three years the public transport systems control center keeps an eye out to ensure everything runs smoothly it also tracks charge levels in the batteries of every vehicle they're charging depos in different parts of the city it takes them around four hours to

charge the buses batteries completely then they have a range of around two hundred fifty kilometers and overnight charges sufficient to keep the big vehicles rolling all day on most routes the drive to make the switch came from policymakers and i don't we can without subsidies it never would have happened this fast going to me because initial investment is much higher we often and a lot of the companies wouldn't have been able to handle it. most of the buses were built by b y d based manufacturers specialized in electric vehicles each bus was subsidized to the tune of one hundred twenty thousand euros about two thirds of the purchase price china wants to cut pollution in its urban centers and gain a leg up in the field at the same time demand is rising. at first we had to convince customers but now they all see the advantages of electro mobility and they're coming here from all over the country from the big metropolises but also from small cities in the provinces in the windows. b. y. d.

is also selling buses to cities abroad london as a customer other new projects are also being tested engines and like a mono rail and the city is aiming to be a pioneer in each transport again soon it's seeking to make the entire fleet of taxis electric by the end of twenty eighteen. and finally a seventy year old grandfather on poker mungo fun has gone viral off the hay attached fifteen phones days bicycle chain casual shyness and first learned about the game from his grandson has been playing it since twenty sixty a massive set up he built soon catch the rarest of the virtual creatures on the streets of taiwan costs eighty five thousand dollars. is the world's biggest or vented reality gaming hates and in its animated creature is a pale device screens in real education. that's it for me in the business team here

in berlin thanks for your company and c.c. .

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