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tv   Business - News  Deutsche Welle  February 22, 2019 12:30am-12:45am CET

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two people. discovered. subscribe to documentary. banking on new tech telecom reports the climbing profits but thanks to its forecast for twenty nineteen that's the spiked investment cost into the new five g. network likely to surge also coming out the head of aston martin says a no deal breck's it is other madness so then why is you building a new plant in wales. i'm chris cuomo good to have you with us.
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technological leap often comes with sacrifices just ask the folks over at large telecom licenses for the new ultra fast mobile network standard five g. are to be auctioned off in germany later this year and the network operator is focusing on a good deal but coughing up the money for permits and infrastructure could be challenging as profits dodge the telecom are down while legal questions keep piling . a click on a mobile app and moments later the self driving car you've just ordered appears the customers get in and they can lean back and watch a film while the electronics take over the driving reacting within milliseconds to the traffic around them with five g. this futuristic reason will become reality the new network standard will transfer data one hundred times quicker than l.t.e. corporations like telecom sniff big business but at the full year earnings
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announcement telecom focused on problems with the legal aspects of the new technologies and we're not happy as a germany is going its own way and not just copied other countries where they've already successfully developed legal frameworks for the granting of five g. licenses which would meet the expansion needs of the major industry leaders of. industry but tough to telecom is critical of the projection that by the end of twenty twenty two ninety eight percent of german households will be provided with the new five g. standard the number of relay musts will have to increase tenfold to seven hundred fifty thousand in just three years according to a consultancy firm telecom says that's unrealistic the company has launched legal action against the government over the rules for granting the frequencies that follows that rivals vodafone and telefonica have launched their own actions the future looks distinctly shaky for the planned frequency auction in march. and u.s.
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president donald trump has weighed in on the five g. discussion mr trump said thursday that u.s. firms should quote step up their efforts on five g. technology i want five g. and even six g. technology in the united states as soon as possible mr trump tweeted american companies must step up their efforts there is no reason that we should be lagging behind something that is so obviously the future of the trump administration has recently increased efforts to block chinese five g. leader who are away from the build out in the united states society security reasons. let's get more this topic now from our wall street correspondent paul c. luis. luis u.s. companies must step up their efforts that doesn't sound like the usual america first rhetoric now does it. it doesn't nod and at this point in time korea's existing five networks continue to be pretty limited here in the u.s.
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in the case of eighteen thousand for example we're talking about twelve c.d.'s using it last year but we cannot forget the fact that the company also got sued for false advertising after relabeling its four g. l.t.e. network has five g. evolution as a way to convince customers that it has a why there are five g. network meanwhile verizon is. all rushing to launch their own five g. services this year but. it came also at the time of the trade negotiations and his administration seems to be delaying order to buy in one way and all the companies from operating in the us something that will grant us companies some caution to build their own five g. network so it seems clear that something is off and if it's not five g. crees definitely is sixty a technology that is still years and years from happening and has in those it's been a rough day for sports goods and make her nike one of their shoes worn by an upcoming
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basketball talent teleport in the middle of the game tell us more about the impact of this incident. definitely not a good omen for nike korea so when a promising basketball star from duke university widely expected to be number one pick for n.b.a. draft this brain to his knee after one of your sneakers literally came apart to put these things same perspective former president barack obama was there to see william some and tickets for the game were selling for more than three thousand dollars that explains why nike is a stock or lost over one point seven percent at some point. on thursday but it's not the first time to call but he has had problems in this regard since in two thousand and seventeen there were each shoes with n.b.a. jerseys and that they were tearing actually is a monolith that point out that these incident could be an opportunity for all other companies such as under armor to challenge nike stomping on position in basket that have your footwear in order of hostilities they are in new york thank you.
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britain's credit rating is under threat guess why well because of breaks that the pound fell on news that ratings agency fitch could slash the u.k. surprised doubly rating fitzwarren say no deal brags it could hit the economy hard and compares the potential impact to 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 with his assessment today the c.e.o. of luxury carmaker aston martin said that leaving the european union without a deal would be quote madness being one of james bond's favorite set of wheels asked martin is a quintessential british brand and thereby not immune to the breaks that uncertainty that's troubling the entire u.k. motoring industry. aston martin ranks among the most iconic british brands and is hoping to keep it that way it's building
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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 of breaks it may be 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 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 not just because you materially affect the. ability of a manufacturer to to work in the in the way that we've become accustomed to. 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 with 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 the heart breaks it
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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 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. now to some of today's other business headlines around the world a low cost airline ryanair must pay a three point four million dollars fine in italy after its antitrust authority ruled that ryanair is new carry on luggage policy was misleading consumers and distorting competition officials say by redefining free cabin baggage as only luggage which can be stowed under seats and charging for bags which only fit in overhead compartments ryan air was effectively rising ticket prices. coffee growers
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in colombia have called on the national government and the international community for help coffee price has dropped twenty percent since a year ago the fall is because of a massive oversupply of coffee on world markets due to weather conditions which have been perfect for the plant or war. and the biggest gnutella factory in the world has halted production while italian parent company ferrero investigates quality control problems the factory in the french province of normandy produces one third of all the jars of the chocolate flavored hasanah spread consumed in the world for says none of the jars of nutella already in sale has been affected. saudi crown prince mohammed bin solomon has arrived in china after previously visiting pakistan and india five months after the killing of journalists in a saudi consulate and continuing criticism from the west the tour is seen as
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a way to present himself 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 and human rights issues the prince is packing investment promises in his luggage the saudi oil company iran 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. well i think that the opportunities in india are worth more than one hundred billion dollars. and we want to make investments that are beneficial for both
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countries in the world. 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 his journey south korea. and that wraps up this edition of the business if you want more you can always check out a website that's d w dot com slash business or better yet simply follow us on twitter or facebook i'm chris colburn bowlin for me and the entire team thanks for watching your back and more leave you with this quick check.
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of. our digital more years. for women for internet activists one mission the battle for freedom and dignity. against repression and violence we deplore the powers of social media.
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the messages that are spreading like wildfire the social media spectacle is critical to as of the moment and thousands of. the caucus qualm i think i am on the streets and the women who mourn changing the march to. digital. starts marching on to w. . the something nice. guy as came from jurors or didn't make any and then i killed many civilians i mean . come on cleaning my father was something i was a student i wanted to build a life for myself. but suddenly life became alledge kind of. providing insights global news that matters d. w. made for mines. every journey begins with the first step and every
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language the first word in little coaxing germany to learn. why not born with telling her. to stuff its simple mind on your mobile and free. t.w. zyklon in course. german maybe. hello and welcome to arts and culture i'm david leavitt's coming up on this edition . team seventy five take the brittle boards by storm with their album a brief inquiry into online relationships and speaking of dating could this speak your next romantic dinner a new report details what you can expect to see on your plate and twenty nineteen
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and beyond. and come this woman chinese video artist kwan shall teach us how to live more in the moment. but first though britain's top prize for pop music the brit awards have quite the history it was at the brits that madonna got whiplash when she fell off stage wearing a giant cape and where the singer of. dumped ice water on a deputy prime minister first year though the focus was on the music mostly i thought it would superstar hugh jackman kicked off the show in fine style singing the theme from the movie the greatest showman and she says that she. said she knew the use would so through the school the big winners of the night. who picked up the best.

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