tv Business - News Deutsche Welle February 6, 2019 12:30am-12:46am CET
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ten million people in the womb this think they have no nationality and they don't and. that everyone has the right to. everyone has their rights. really. the u.s. is upping the pressure on europe to ban chinese telecoms giant huawei germany has announced a decision one way or another look at the awkward position in which the government finds itself. and who should be building these robots as german manufacturing struggles to compete against massive american and chinese resources prelim wants to encourage its own champions but a new plan already has critics. i'm seeing birds in berlin thanks for joining us the czech republic's top security cyber security official said tuesday that chinese
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telecom giant huawei will be left out of more state contracts in fact more european nations are debating what to do with the firm as they build out their mobile networks critics of huawei chief among them the u.s. war in the companies the trojan horse for the chinese government and the billing espionage war plan disruptions telecom carriers say it's a necessary supplier germany hasn't yet moved to prohibit huawei but chancellor angela merkel has suggested the company needs to reassure its customers. speaking before an audience of university students in japan german chancellor angela merkel had this to say about the security risks posed by while way. something that needs to be discussed with china that the company doesn't simply hand over data to the government but that german consumers can be sure the chinese doesn't get access to data on all chinese products that are sold in germany. looked at.
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her comments will be scrutinized japan's government has already prepared for the use of huawei network gear the u.s. now says europe is the top priority in its effort to ban while way use among our like nations britain and canada are considering bans astray and new zealand have already moved ahead with them germany traditionally a close u.s. ally would be expected to follow suit but it's not so simple german carriers have said they can't replace far away without raising network costs or delaying builders angering china is a risk and firms take more access to chinese markets and u.s. tech firms have themselves been tied to american surveillance programs experts say germany must first consider its own needs and that there are safeguards against using any one particular company that could mean offsetting a central role in any network. this is.
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plenty to consider germany try to navigate the latest in a growing list of u.s. china disputes. parent company alphabet strong profits in the fourth quarter but saw shares slip report before they improved again on tuesday the firm's eight point nine billion dollars in profit be expectations. percent from the same period a year ago but the glowing earnings report was overshadowed by concerns that the company is spending too much too fast in research and development among other areas shares an alphabet slid more than three percent following the announcement. and with that let's go down to our financial correspondent in new york ian's quarter alfabet taking a hit there after the earnings report despite what appear to be strong revenues what happened well what happened is that some costs went up and some prices
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went down and that's not necessarily a good combination looking for the next couple of months. for example has to spend more to make companies like apple for example having their google search engine being one of the main ones on their devices and the other side. online ads are not selling at the same price as before so some of those prices went down that might possibly be due to more competition from companies like amazon for example and that's why we saw a pretty mixed reaction here on wall street for the year by the way the stock of alpha bit this doing pretty well after last year has been a flat one for the stock price of alphabet and it looks like today was another strong day on wall street with stocks going up how long can the good results last.
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and that's really interesting to see because the news flow again was rather thin we saw the same on monday but still on both states and blue chips went up by a good one hundred seventy points so we are on our way to have the seventh consecutive week of gains here on wall street even if for example if we look at the earnings reports they are not all picture perfect but wall street seems to ignore all negative said take apple for example last week they came out with a mediocre earnings report but still the stock since this earnings report is up by more than twelve percent and apple by now again became the most valuable company on the planet goldman sachs for example the analysts they believe that there is not such not so many more. price increases to be expected for the reminder of the year if you look at the overall market especially if you look at earnings growth that is
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probably going to. decrease or slow down sharply and with this environment it is hard to imagine that we really can really going with this speed in the next couple of months so there's maybe certain isn't there quarter for us in new york thank you yes. how does europe strongest economy stays strong in the face of billions of chinese investment as well as the u.s. is dominant position in digital tech germany's economy minister peter altmire unveiled the first draft of a new plan. german companies like siemens and thyssen krupp against hostile takeovers that's the goal of the german government's new investment strategy which elevates industrial success to the national interest after recent years or china by one company after another germany's economic affairs minister says berlin can't afford to sell its high tech peyton's to foreign powers. this flow but there's fear
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and i think that when certain countries and specific companies use very aggressive tactics to expand their market share then we have the right responsibility to respond. so i view. the economy minister sees a greater role for the state and greater relief for businesses in areas like energy costs or taxes merges should be made easier but critics warn of too much government involvement with communications got equivalent to guaranteeing the existence of individual businesses because there are some outstanding firms that rake in profits but there are others that are frankly pretty wobbly they're going through buckley seven. mile or so says jim companies need to lead the pack when it comes to innovation in new technologies like artificial intelligence or driving systems for cars of the future is planning to help kick start that development with billions in new investment which should also help protect german jobs. earlier we asked clemens
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first from the eye of institute one of europe's leading business think tanks whether he thinks germany's economic situation was so dire that it required a national strategy like the one presented today here's what he said. it's not bad at all but this is about the future the question is how sustainable is the position of german industry and here there are reasons for concern. there is the issue of the car industry the diesel technology may be phased out in the future so i think it is true that germany needs to think about the future the question is. what the right strategy is. the european union is likely to block a merger between the german industrial giant siemens and france's all stop the two companies were set to merge their railway businesses from their perspective the tie up would have enabled them to take on foreign rivals the european commission expressed concerns for the competition across europe that despite siemens and also offering to let go of four percent of their assets to push the merger through.
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german holiday airline go manya has filed for bankruptcy after failing to come up with the cash to stay aloft the berlin based carrier says it has canceled all flights effective immediately the company is blaming broader economic factors for its demise including rising fuel prices but analysts say the airline management simply took too many risks. get money is fleet of thirty seven aircraft mainly fleet german tourists to hunted to destinations in the mediterranean north africa and the middle east it was the small and line that struggled to compete yes the company continues to focus on expansion twenty five new a three twenty passenger jets were on order from us that meant sizeable payments would do this year and next but give money a good run out of money in january it emerged that the airline was an able to pay wages to its eleven hundred employees that bookings plummeted. airlines like in
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money or that work with quality makers on package trips get a cash injection at the beginning of the year when two operators make advance payments for the summer but clearly it wasn't enough to safety in mind here especially after the airline was forced to pay compensation to passengers when strikes by ground staff at airports across germany grounded flights last year the company went deep into the red on two thousand and nineteen promised more challenges. feel prices continue to rise coupled with stiff competition over ticket pricing. europe's largest budget and line ryanair slashed its prices to attract customers while backing problems of its own. as the traffic in the skies has increased so has the competition after years of growth in the sector the price war has intensified and good money is among the casualties. in the latest chapter of
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venezuela's turmoils president nicolas maduro is accused of draining state coffers as he's pressured to hand over his government portuguese linder go on tuesday stop the transfer of one point two billion dollars in government funds to banks in or of why the opposition and its leader one quiet denounce the proceedings as a theft of public funds in the midst of venezuela's economic crisis countries around the world are pressuring mundo to resign the country is a major protest and the immigration of millions. and that's it for me in the business team here in berlin you can always find out more about these stories at com slash business i'm stephen thanks for watching.
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going to focus on europe on t.w. . we make up oh but we watch as folks that are under budget cuts we are the seven seven percent. women want to shape the continent's future to. be part of enjoying african youngsters as they share their stories their dreams and their challengers. the seventy seven percent of. platforms africa charged. up today don't miss our highlights. program online w dot com highlights. the for her first day at school in the jungle. her first gleaming listen to the. band doris green the moment arrives.
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join the ring on her journey back to freedom. in our interactive documentary. tour of the ring in ten returns home on d w dot com. her. welcome to news from the culture i'm robyn meryl and let's have a look at what we've got in store for you today. this painting will self-destruct and so it did street artist banksy made waves with his high jinx now the in from a shred it picture finally goes on display. musical talent sophie holmes is shaking up the scene here in new york with a fresh mix of jazz rock and pop she'll be here in the studio. and
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a look into the all cult inspirations of three women credited with inventing abstract with all that better known male counterparts. last october at sotheby's auction house in london the anonymous british street artist banksy told a mischievous artistic prank by triggering a device that started to shred a painting of his that just sold for one point two million euros go with a balloon has now been read a md love is in the bin and has pride of place in an exhibition in southern germany . not fans of queuing in the cold to get a glimpse of banksy is go with the balloon or as much of her as they can see anyway it's doubt it's the hot i don't want to miss out i got it was a new picture that was partly shredded but it really does look messed up. the picture caused a global sensation last october that's not the bees auction house in london go with the.
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