tv Business - News Deutsche Welle February 26, 2019 4:02am-4:16am CET
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the landmark twenty fifteen nuclear deal between iran and other world powers. global markets rise after u.s. president donald trump says a signing summit to end u.s. china trade tensions could be in the cards. foldable phones and super fast five g. technology are both headlining at the world's largest trade fair for the island of st we take you to the mobile world congress in barcelona. welcome to the w business i'm joined now on in berlin thanks for joining us a strong start in the trading week for equity markets across the world stocks surged after u.s. president donald trump said he was postponing a new round of tariffs on china originally scheduled for march first that has
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investors increasingly confident that a comprise a comprehensive trade deal between the worlds the two biggest economies could now be within reach. addressing a meeting of state governors at the white house u.s. president donald trump said he expected positive results from the u.s. china trade talks. i told you how. how well we did with trade talks in china and it looks like they'll be coming back quickly again and we're going to have a another summit we're going to have a signing summit which is even better so hopefully we can get that completed but we're getting very very close to that news after trump said he would postpone a march first deadline for terrified on chinese imports. after all the positive signs asian markets breathed a sigh of relief the shanghai composite closed five point six percent higher marking its best day in almost four years shares in china have gained over twenty
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percent since the beginning of the year officially trading in a bull market. the reaction on the street in china cautious optimism solutions. it's a positive signal my company bought some plastic from the us previously which hasn't been taxed by china but we were worried that if relationships got worse china may impose tariffs on those products doesn't mean that i see why you. think the model can we trust him i don't think trump is a reliable person he might be good at doing business but as a politician he's not qualified. questions still remain concerning force technology transfer and the protection of intellectual property rights but markets like the good news anyway hoping the threat of a disruption to global trade will disappear. yes carter joins us now from new york and good to see you know an upcoming trade deal signing summit between china and
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the u.s. sounds almost too good to be true what would it actually changes anything. well so far we are still a bit short on a detailed so what u.s. president donald trump was saying that it will be a great deal of what we probably can expect that the u.s. will export more to china agricultural products for example to narrow the you would share trade get per between the united states and china but then there are also two other big demands from washington one is what's happening to intellectual property rights to patents so how can you save those and then on the other side of seoul how to get u.s. companies a better and fairer exodus to the chinese markets and that remains to be seen how you can force that and how precise that will be a part of those negotiations but overall it's certainly
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a good sign at least that there is some hope that the terror of so on a chinese imports in the amount of a good two hundred billion dollars will not more than double as. originally proposed. and turning out to corporate news now and general electric was one of wall street winners today could you tell us more about that and. well general electric had a couple of really rough months if not even hears behind them they're sitting on the debt amount of about one hundred billion dollars and now they're selling their biotechnology unit for a good twenty one billion dollars to danaher and so that is so far a good news that they can get rid of some of this huge debt load the stock of g.e. traded to the upside by a good fifteen percent when trading started by the end of the day only around lots
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of six percent were left because the downside of this deal is that the biotechnology unit was on not the fastest growing of g.e. and yes they get the cash but they're also losing one of the more promising parts of their business yes carter there with the view from wall street thank you very much. the mobile world congress the world's largest mobile telecommunications trade fair is in full swing but falling global demand for new cell phones has handset makers trying to find that next big innovation that will make it into the mainstream from foldable phones to five g. ready prototypes manufacturers have brought their brightest and boldest to barcelona. cerny has built technology used in professional film cameras like these into its latest spark for. the images look practically cinematic you it certainly has also made big improvements to its screens
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the new flagship should hit the market in june and cost around nine hundred fifty euros it certainly has been steadily losing market share. we remain being completely dedicated to address this smartphone industry was the only voices looking into five g. in the future of this is going to be a cutting edge technology where it's a very important to remain in this industry for sony and we are completely dedicated to stay to stay within this industry. but certainly only has a prototype five g. phone on display samsung on the other hand is showcasing a fully developed five g. model the chinese manufacture a one plus demonstrates how much is possible with the new mobile technology standard for. this game actually needs the computing power of a p.c. to run since five g. technology allows data to be transferred quickly it can be played on
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a smart phone. five g. is the big theme at the past ilona trade fair the japanese mobile phone company n.t.t. do co mo wants to offer its customers attending next year's elliptic games live information via five g. not just for soccer but for other team sports. the traditional mobile phone brand on the other hand he's aiming to win the hearts of amateur photographers with a wealth of camera lenses. five different lenses are installed on the back of the new not can i enter q view. and all we will see hawkins you was an especially art photography enthusiasts feel about the images they capture we think we have delivered a really credible solution which lets you capture and force process images the way you like but let let's see what we call how this goes that. the many lenses
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allow smartphone users to decide what should be in focus after they've taken a picture. now another big topic at the mobile world congress is security mobile networks count as critical infrastructure and especially china as huawei has been under scrutiny for alleged spying risks as such the company is on a charm offensive in barcelona the w.'s paul christian bret's caught up with david why the deputy c.e.o. at weill way technologies germany what ways facing a lot of criticism about the security of its technology with me here in barcelona is now david one for the c.e.o. of one way germany david i have to ask you point blank are there kill switches is there any back door that would allow the chinese government to enter your product and get data no there is a no kill switch there is no back doors how are part of the server you know hundred seventy countries for thirty years part oxen has been tested out costumers by u.k.
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governments the concolor and is there is no backdoor there is no kill switch. but currently you have an issue with trust a lot of people have started doubting you how do you want to regain that trust. huawei it will be more transparent will be more open will be more actively engaged with that they've been a stakeholder sort of media to introduce ourselves to promote ourselves. does the current situation hurt your business no it doesn't hurt our base much because our products and the surveys earn a lot from our costumer costumer like our products like i was service the loyalty is a pretty solid it's. very advanced in in five g. and the five g. frequency auction in germany is just around the corner but it's still unclear how
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well we will be able to participate what do you expect so first of all we hope they are offering p.c. could be released as sun. because there's a five day use of our you call it in the to germany. you remember dear ness reduce time in my eyeballs success and therefore. make an e-commerce a success no almost a country this country so five g.'s. value it's a fall the traditional media manufacturing industries is out for broadband it's a low latency make a lot of difference of the way traditional to how we make the products five g. will give their magical wing to the traditional manufacturing industries it's of our confidence and that's ways to have the loyalty from all accounts the money because i will products and the service again there's a lot say fallouts. and that was the paul question brett's talking to while ways david why about security at the mobile world congress in barcelona and that was
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hijacking the news. more are going wrong the news is being hijacked journalism itself has become a scripted reality show that it's not just good versus evil us versus them black and white. in countries like russia china turkey people or shoulders or something and if you're a journalist there and you try to get beyond it you are facing scare tactics intimidation. and i wonder is that where we're headed is world. my responsibility as a journalist is to get beyond the smoke and mirrors it's not just about being premier for balance or being neutral it's about being truthful. when he was born
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golf and i want to beat up on. this you know i mean in your minutes i'm going. to turn what employees are enemies who know what i'm what didn't work and i'm sure i'm not going to set them. going see it because i see if i say yes it can only save what i call it going on with her being funded. and. this is state of the news africa coming up in the next fifteen minutes a tense wait and nigeria as close as brace for the election results church services across the country dedicated prayers to peace whatever the outcome will be. and when it be more mock a selfless sinegal the fifty four year old is seeking a second presidential to go bush just give it to him. then what it
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