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tv   Business - News  Deutsche Welle  February 27, 2019 9:30am-9:46am CET

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social media is quite critical to getting the proceeds of hers on. the street. women were. already. did you do. the work so hard to be on t w. with talks with the u.s. and north korea set to stop so we look at the opportunities the business community sees in a successful outcome to those negotiations. and as calm as shift their priorities to adapt to rapidly changing market conditions we need some of the people left behind on full the technical difficulty that will come to the business i'm. in with the second strum kim summits just hours away investors are hoping for
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concrete results president trump arrived in hanoi when he met the president when the phone trauma and he bowed down to business with a big aviation deal boeing c.e.o. kevin mech alister and his counterpart via jet when funk tolland signed the agreement to buy more than one hundred. investors are hoping that's a sign donald trump might also be able to reach an agreement with north korean leader kim il to seoul is the korean nuclear crisis and in trade talks with china plans to follow the summit american companies operating in china and i want that's a marker that says protection of the technology and firms surveyed by the u.s. chamber of commerce in beijing say on the line trade frictions won't go away from underestimates china strengths and comes up with a cost messy deal thing. now the w.
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is difficult and was a first from kim summit last year clifford trump's already started off with this big aviation deal. tell us more well he sold one hundred ten jets which is that quite a way to open your visit to vietnam. like he often does you certainly shakes things up wherever he goes he's hit the ground running this is supposed to be about north korea but he's already made about vietnam by by signing this big multibillion dollar debt jet deal so i think he's definitely singing his intend that this is going to be a very busy and very fruitful visit is also symbolic right that the that he makes it about not not just about his meeting with kim but also sort of about the whole region what would live with a successful outcome of this mean for the business climate in the region i think it'll be very positive for the business climate as you say he really you know he's
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making it a much bigger thing than just the in the nuclear thing the nuclear issue markets have reacted very positively to the signs that there may be a positive outcome here and. with that with out in mind and then also looking ahead to the to the china trade talks there are a lot of there's a lot of balls in the air that he's juggling at the moment but the overall picture he's presenting is one of a very positive situation and some of the american firms are worried that trump might not follow through on his tough talk on china trade and strike too soft a trade deal with china is that possible i think there is a danger of this i think the fear is that while you have this fantastic presentation that it won't be matched with real content you know they want real advances on getting closer access a better access to the chinese markets and better protection for their technology and their very precious brands so they're a little bit worried that he may just may all be show and that they won't actually
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making a progress on. on getting these concessions liver trumper said that he and g. jinping will be meeting tomorrow to can conclude an agreement that resulted trombones now do the chinese use it how do the chinese view the prospect of a trade deal they view very positively they see is something that very much in their interest and the economy has been feeling the effects of the trade that trade war not not quite as badly as people might think but there is certainly feeling it in exports so they will be hoping for a deal of mar a lago but they also viewed very much as something as china having held its ground and brought about this trade deal as they don't see it as a defeat or as a necessarily of a victory for trump they see it as a positive development but on their terms to political thank you very much.
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so that they should in the car industry makes automakers think about which parts of the market they want to focus on and what to leave to the competition that can mean that whole factories can be closed down about us all to make a full of his income stream some unsurprising resistance in that cost cutting drive the french government has strongly criticized the company's decision to shutter a plant making give oaks is near boulder in brazil two thousand fold workers and union members also marched outside sao paulo to protest fold shutting down its operations that. employees have known for a week but now they're fighting back even if the weather is not on their side ford wants to stop production in sao paulo factory almost three thousand employees will be affected by then it could follow you they've spoken about it for years but we didn't expect it everyone is desperate no one has a plan b. . i'm fifty one years old i've worked for ford for twenty six years and i'm
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here i'm about to retire but i'm fighting with my colleagues i have family who works here at. the plant just to be closed at the end of the year with unemployment at eleven percent in brazil the workers have few prospects. and ford is shutting a plant in france as well come this summer around eight hundred people will lose their jobs their suppliers made a takeover bid but ford has rejected it the french government is not the only one to criticize the move. fall a little he says you know the board is letting us go with nothing so they have to pay that's that they have to pay they have to give us money but you will get on that off. the severance payments are still under negotiation and that's only the beginning ford has announced that it's going to close even more locations in europe . now in contrast to ford's layoffs around the world feared chrysler has announced
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six and a half thousand new jobs at home and in the four and a half billion dollar investment plan for the detroit area the company plans to reopen an engine facility in the city to convert and another factory into future assembly plant for the jeep grand cherokee it but also build a new full sized jeep s.u.v. and hybrid models here process that it's negotiating tax incentive packages with the city of detroit and the state of michigan construction is expected to start later this year the first recalls are to roll off the assembly line in twenty twenty. positive news as well from french carmaker p.s.a. the company announced recalled figures on tuesday with with net profit rising to forty seven percent to a record two point eight billion euros in twenty eight thousand that's after nearly twenty years of consistent losses c.e.o.
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cost of errors said the company has finally quote found the pos to profitability but that's a caveat the cost of profitability could lead it further away from europe and mole towards the u.s. . everything is going to plan and p.s.a. but the board says that in the next few years the european market could stagnate that's why the company wants to boost its sales outside europe by fifty percent by twenty twenty one. but i also want to tell you that we have made a decision that this rule will be the brand that we will bring to north america. the u.s. market and or the canadian market. but it's not that long since u.s. president donald trump declared the import of european cars a threat to national security aides threaten to roll out punitive import tariffs on french and german vehicles. and of course because there are still
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ongoing discussions about tariffs we will wait. a few weeks or a few months until we see clearly what are the targets that will come out of those discussions and that we call for that all business plans are flying and they will fly because we are extremely frugal and extremely creative. until now the c.e.o. of p.s.a. had stressed that he had no problem with pursuing a missive cost cutting agenda that course is now bearing fruit net profits have jumped forty percent and even the formerly struggling opel is back in the black the long standing german can make a shed around four thousand jobs in the past year and local now plans to go international again but this time its target market is not north america but russia . earlier i asked our financial correspondent in new strategy was realistic for p.s.a. . it definitely will be expensive to convince americans to buy cars designed in
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france that's why quite a few investors dropped the shares of preserve well after the announcement what's potentially a bit more successful is this reintroduction of opel in russia before the sanctions before this huge you know slowdown of the russian economy russia and opel was a bit of a love affair the people in eastern europe liked the brand of course this move to russia would also be a bet on better relations with the country and on the stronger economy so it remains quite risky strategy. the dutch government has announced a twelve point seven percent stake in france. equal to the french government stake in the line the finance minister said he wants to influence the struggling carriers business operations to protect the interests of the dutch on the me state is worth six hundred eighty million euros. french sporting goods retailer
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decathlon struck plans to sell a new job. for women runners in france public outcry it's the latest. in france over islamic garments that secular countries often regarded as instruments of women's subjugation. it was meant to offer muslim women all way to participate but french politicians said they're running he just contradicted the country secular values there were threats of a boycott until retailer take up buckled under pressure from angry activists. don't you need to do your dick i can only is promoting a comment that's actually a confinement of women's bodies you know these women should be doing sports but it's supposed to be for the liberation of bodies and athletic excellence this shocks me don't just. take up close it has received hundreds of calls and e-mails
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in protest of the heat up and that staff in stores have been threatened not everyone is offended though. and women should do what they want and i'm afraid if they can put this on now not do sports. it's a purely commercial decision sports has nothing to do with it why should they cut lawn not sell this. pickup lho is still selling the item in morocco well muslim women in france can find he jobs at nike stores the u.s. sportswear giant introduced the product last year and keep selling it. and that's it from me and their business. and so watching. this picture.
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where i come from we have to fight for a free press and was born and raised in a military dictatorship with just one t.v. shadow and if your newspapers one official information as a journalist i have more of the strength of many can trust and their problems are all the same or do the social inequality a lack of the freedom of the press. go up should we can afford to stay silent when
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it comes to the fans of the humans on seeing the microphones who have inside put their trust in us. my name is jenny harrison i work. hello and welcome to our. deep dive into the worlds of arts and culture i'm karen house dead and here's a quick teaser of what's in store on today's program. from a musical dynasty and. a star in his own right violin virtuoso and some tougher soloist with a big here i had talked to him in the studio. for the show with a visit to the annual lemon festival. it's one of the most popular events on the
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french riviera. fantastic new worlds. of course. but first a musician's brain is a thing to behold consider the technical mastery of an instrument the mathematical precision of the music and then you have that incredible balance of discipline and emotion that come together to express something sublime violinist michelle not only achieves that balancing act but he makes it look effortless and he does it with a repertoire a puts him in a class of his own. music speak for itself. performances have been described as stunning compelling and breathtaking violinist is hailed as one of the most talented artists of his.

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