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tv   Business - News  Deutsche Welle  February 21, 2019 3:45pm-4:00pm CET

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smartphone that comes right into a mini tablet nice gimmick but are consumers ready for its hefty price tag. and the head of aston martin says and no deal breaks it is awesome madness so then why is he building a new plant in britain. with his business on battled it out last year to take over indian delivery service flipkart with the aim of bringing their e-commerce expertise to the world's second most populous country but now a new e-commerce law and yes making investment difficult with tough restrictions for foreign investors in the retail sector india's revised foreign direct investment rules for e-commerce went into effect at the beginning of this month. the new rules especially affect platforms selling their own products because no single vendor can account for more than twenty five percent of an online marketplace offering their restriction is aimed at protecting india's retail sector
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but its critics say it makes it harder for online platforms like amazon or even indian e-commerce platform flip card which is now owned by wal-mart to easily penetrate india's growing online retail market by only selling their own products last year walmart beat amazon and a bidding war for controlling stake a flick out with the hopes of entering the indian market the newer stiction has dealt a blow to wal-mart's expansion plans in india and that's strange isn't it wal-mart makes a huge investment in india than the government is size zero that's a bit much and legislates after the investment making the investment virtually untenable our correspondent j p k's in bangalore j isn't reliable legal background important for foreign investors. yes well this is absolutely important for foreign investors you will most of all it's important for india to encourage foreign investment because five year low in fairness and. so
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it's really important for india to kind of get most of their religion martin but then in an election year it looks like the government has. gone to see we want to police that it is fourteen million it is in this country and you can see is the last word of this will it looks like the government has taken on these then what is it is it ok that's a populist move you may say but is india in general too restrictive when it when it comes to opening its markets. not so much he's not since one thousand nine hundred one since the softer liberalizing the economies of evangelicals. the regions sector itself the liberal you know. more open we have an open internet we have markets if you have lost companies like nike and all these companies coming in but. just next to this is. this particular
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that is the only strain of economic nationalism across the world and this is because it's also an election you know you want to show that. and would follow us. is that in india is there a fear to be overrun by western giants who have a tradition if you will of overrunning local marketplaces is this fear justified. so that your hands on brother in there goes. to be good and i mean. after all these years in america we have to send off. on line so that's beneficial evolves in china but at the same time you've got to treat people sensible to believe in how the consumer stocks shot. it actually to see this
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was run so it's a trillion dollar market. who. goes in the season to be treated with the most interest not so. it's a little early to be about. to get killed by these multinational giants especially when it comes to this still a lot of room for you to. bangalore thank you very much. some sun has unveiled its latest range of smart phones including one that folds out into a tablet but the price price tag is already raising eyebrows have a lot. it was launched like something straight out of the space age. back to samson's new galaxy fold comes with a price tag that some might say is astronomical. if you want one it's going to cost
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you just short of two thousand dollars with the council fold you get a powerful smartphone and a revolutionary tablet all in a single premium package when the device opens up your world does too with a massive seven point three inch infinity flex display that transforms the fold into a tablet. the price tag will surprise to something except that the cost of its s nine range phone has become to be to lower than expected sales to two thousand dollars will also only get you to four g. model enough i'm sure more expensive five g. version is planned. something's task will be to prove that it's worth it there's going to have to be some useful if samsung can put off and freak use value to always immigration and application software integration i think this full double phone will not only find buyers but it'll encourage the enter the smartphone each
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of the new era. a new era and perhaps a new approach for samsung galaxy phone the market. something hopes to lead the way with its versatile product and its betting that consumers are ready to open their wallets that's why. well we shall see britain's credit rating is under threat thanks to break that pound fellow news the rating agency fitch could slash the u.k. prize double a ukase prize double a rating fitch warns a no deal breaks it could hit the economy hoddy compares the potential impact of the recession in the early one nine hundred ninety s. when british g.d.p. shrank for nearly two years. and fitch is not alone today the c.e.o. of car maker aston martin said leaving the e.u. without a deal would be madness and is a quintessential british brand and even james bond relies on it to get out of
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prickly situations fast but it is not immune to the break that uncertainty that's troubling the u.k. motoring industry alas the luxury carmaker is not prepared to leave home just yet. aston martin ranks among the most iconic british brands and is hoping to keep it that way it's building a brand new assembly plant next to a former royal air force base. in wales a vote of confidence in the u.k. car industry amid the turmoil it breaks it maybe but the luxury carmaker isn't ignoring the fact that the future for u.k. manufacturers remains uncertain. still have to believe that we'll get to a proper right decision because a no deal growth. is is is frankly madness and i know i know people don't like to listen to experts but it is from an industry point of view utter madness because you materially affect the ability of
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a manufacturer to to work in the in the way that we've become accustomed to. and dealt a blow to the u.k. car market when it pulled plans to build one of its new models in england blaming breaks it but its competitor in the affordable car market french owned vauxhall is taking a different view is planning to produce a new line of vans in britain. it would not be true to say that a heart breaks it automatically means the closure of plants in the united kingdom neither for us nor for other manufacturers but it would certainly mean they come under greater scrutiny britain based jack you're a land rover has warned it could only stockpile enough parts to cope with a few days of bricks of disruption as manufacturers from around the world prepared to take a closer look at their presence in the u.k. those brands born and bred in britain are just looking for certainty. the saudi crown prince mohammed bin solomon rived in china he had previously visited pakistan and india five months after the assassination of the journalists jamal
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khashoggi in saudi consulate and continuing criticism from the west the aim of his to is most likely to present himself to audiences at home and abroad as a political leader who still has international partners. a formal airport welcome in china's capital beijing no one here will confront the saudi crown prince with criticism in human rights issues the prince is packing investment promises in his luggage the saudi oil company a ram co the world's largest exporter of crude oil wants to build two refineries in china and replace russia as its most important oil supplier china on the other hand is striving for closer economic relations saudi arabia is an important sales market for chinese products ranging from electronics to weapons the expansion of economic relations was also high on the saudi princes agenda during his previous stops in pakistan and india. i think that the opportunities in
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india are worth more than one hundred billion dollars. and we want to make investments that are beneficial for both countries. in the case of india's arch rival pakistan the crown prince side contracts for investment projects worth twenty billion u.s. dollars next stop on its journey south korea. might want to have a look at new planes for the air force because the german arms embargo against saudi arabia is causing some bad blood between european partners british defense firm be a systems warns that it cannot service the saudi fleet of seventy two typhoon find the jets without spare parts from germany be a lead industrial part of the pan-european euro fighter consortium and is responsible for ensuring the maintenance and support of the saudi eurofighter fleet the linz unilateral decision to stop exposed to riyadh in the wake of the murder of journalist to mark the shoji supply lines and caused consternation within the
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consortium. said from me and the business of the team if you want more you can always check out our website for more stories on xbox. dot com slash business and do follow us on facebook on twitter if you don't do that already thank you very much for me and the team have the for.
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m.t.v. images. poverty corruption. many moldovans our
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flesh to work in foreign countries others have lost faith in the government. young people are moving on. see. the republic of moldova headed for collapse. thirty minutes monday w. . bored bored bored bored. i'm not laughing at the germans but sometimes i am but most and nothing with the event of anything to deep into the german culture. muted seem to take this drama down view us it's all about who they know i'm rachel join me i mean the heavens on the gulf coast. climate change. sustainability. environmental projects. give globalisation the face biodiversity species
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conservation exploitation in quality. human rights displacement of. the global and current of local action on. global three thousand d.w. . this you know i mean in your monotonous incline your wedding is on a moment tonight is. what i'm focused on in this here but i'm on what an organizer i know but as a term of this you know i mean in your mind noticing going you know getting in when you go i don't want to me number and unanimous. the show could go because as if rodeo's had said you know not only said but are going on what they're being funded.
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this is the w.'s line from berlin a historic vatican summit the catholic church gathers the world's leading bishops to confront sexual abuse of children pope francis who has come under mounting pressure to address the string of abuse scandal says the world is expecting not just condemnation but concrete action but is it too little too late also coming up scenes of devastation in bangladesh as a fire engulfed parts of the capital dhaka at least seventy people are killed and many more injured the latest.

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