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tv   Business - News  Deutsche Welle  February 27, 2019 10:15pm-10:31pm CET

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with the looming banks of the british couple of moving their headquarters to get the european made bonds we'll take a look at some of the major financial institutions on the floor. general clark do a little hot story on the wall the day stuff business side headlines a result of that. he takes it personally. with all the wonderful people in stories that make the game so special. for all truth. bombs placed. to go more than football on line. and jamming with the devil at any time any place. you have an abundance of pop
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songs to sing along to you see it is to come from super good seats. for. interactive exercises. everything is online and interactive. demonstrate fifty w. . an exercise in expectations management u.s. trade representative robert light hisor appears to play down progress made in the u.s. china talks that's after a days of more confident statements from his boss. also on the show the head of microsoft and park stock in berlin to talk connected cars are correspondent listen to. welcome to the w business i'm in
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berlin thanks for joining us and it's mixed signals coming from the u.s. from talk of upcoming signing festivities between the u.s. and china finally sealing a trade deal to what appears to be a walk back from one key negotiator from the american side trade representative robert light hisor has spoken before a panel of lawmakers this is what he had to say. be clear much still needs to be done both before and agreement is is reached and more importantly after it is reached if one is reached if we can complete this effort and again i say it of and can reach a satisfactory solution to all to the all important outstanding issue of enforceability as well as some other concerns we might be able to have an agreement
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that helps us turn the corner in our economic relationship with china now here to translate for us is against carter he joins us now from wall street yes good to see you now that statement from light hisor remarkably at last really euphoric than what we've heard from a trump in the past few days who has a better read on the situation do you think and why. well it's probably not so much who's right or wrong but you have to look at the agendas of the u.s. president and chief negotiator populi ties or by like ties there is well known to be a hard liner when it comes to trade negotiations he already did so in the eighty's when he had to trade talks with japan the question is does he just want to put some verbal pressure on china or is he really skeptical that the deal can be reached him soon and then on the other side we have u.s. president donald trump who saw that for example the stock market reacted quite negatively specially in december when there was some doubt about the trade talks
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that he now tries to get a deal done so we will see who in the end has an upper end but what we definitely learned from comments those trade negotiations they're not easy at all and those comments were the main reason why the market lost at least a little bit in the winter session now his boss of course is on the other side of the world in hanoi where boeing has just signed close to sixteen billion dollars worth of deals now how's that going down with investors well pretty well we did see the stock of boeing reaching a new all time high and also when you look at the competition between boeing and airbus boeing is so far this year has the upper end having a much more orders so far then there you are peon arrival and so well for vietnam that's also overall good news for the first time ever some of the vietnamese and it
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will be allowed to actually to offer a direct flights to the west coast of the u.s. but boeing stock traded to the upside of as i mentioned reaching an all time high on the u.s. . boeing flying high there on wall street like aryans carter thank you very much. now we live in the digital digital age what it means the most the products have had to graduate beyond their original purposes mobile phones aren't just phones anymore and speakers have become smarter and cars can no longer just be for driving now the heads of microsoft met in berlin on wednesday to talk about their joint effort to turn the humble passenger vehicle into a fully connected online platform. cars that don't only drive themselves but also know everything about you folks wagons id model lineup is a signpost for where europe's biggest carmaker wants to go next it's banking on
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microsoft's cloud computing service and its capabilities in ai and the internet of things to get there already today the car is a huge software product now we have about ten million lines of code in a car which is probably ten times more than the smart phone so if the capabilities to today are very limited that is changing rapidly i have a much very much a believe that in five years in ten years from now we're probably not going to talk about a tech industry and an auto industry or a retail industry it's going to be technology digital technology is going to be races for its part to microsoft is betting big that the computing services needed to turn cars into connectivity hubs will be lucrative both companies leaders have announced they're taking their cooperation and connected cars beyond europe into china in the u.s. key automotive markets that only continue to see big tech and big auto partnering
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up. in ten to fifteen years all cars will be connected in some way to digital slowed giving and receiving information a good way to think about this is to imagine your car as a data center on wheels or like your smartphone only perhaps a hundred times more powerful according to folks so i can see you know herbut peace within twenty five years all cars on the roads will have. this level of interconnectedness that's part of the reason why volkswagen and microsoft see their digital collaboration as part of volkswagens long term vision for the future of driving but challenges remain familiar issues with connected devices like the dangers of hacking or surveillance could find themselves replicated in the connected car collaborating companies like microsoft in v.w. will have to reassure the motorists of the future that software security keeps pace with advances. brags that remaining a threat to business banks are running for cover when a from london that is u.s.
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money transfer giant money grab has moved its european headquarters from london to brussels even british by barclays has shifted assets to dublin as part of its price a contingency plans all their major banks are also on the move. the city of london this financial powerhouse generates more than ten percent of britain's total tax revenue but since to resume may's bricks it bowls started rolling companies here are all about one saying upping sticks and heading east to europe however no one seems willing to divulge just how many jobs have shifted to other e.u. countries for financial consultants though such figures are key wise john liver gives us a rough estimate at least seven thousand so far. those numbers they were as over a couple of months ago so we would expect them to be increasing and then in terms of the scale of the relationships that move the customer relationships. that around
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about eight hundred billion pounds of assets again had been declared. you can fire moved from london to frankfurt in his native germany last summer with him when banks european interest rate trade britain will now miss out on the lucrative tax income from it i was noida shift that although new business is being processed in the e.u. and all the profits from that text in germany. he doesn't give us any exact figures though only this the move has cost the company so much in terms of money and effort that reversing is very unlikely. because we've come so far and now that all the relocations are on the way are can't forsee us reversing this move immediately. of course i don't know where we'll be in ten years but right now our trade is being transferred to frankfurt. in our eyes everything is settled so it was just. the city has long believed that
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a no deal breaks it is on become odds and for most companies here it's simply too late to wait for parliament to agree a way forward so those are things that take many months if not years to. noise and to execute say that's why the institutions have been doing that for a while now and they have to continue on that path until and unless there's any certainty that they can stop which at the moment there is not. you can fire says he'll miss life in london along with its pubs but otherwise he like most of his colleagues he's happy to be back in gemini. i come from a village originally and so now i'm back not quite in the village of course but there is a big difference between frankfurt and london. for london however the irreversible departure rest thousands of bankers from the city could have devastating consequences french sporting goods retailer decathlon has crapped plans to
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sell a hit job for women runners that's in france following a public outcry french politicians have said the he job which the catherine already sells in morocco violates francis' secular values but some lawmakers even suggesting a boycott france banned by his job fifteen years ago. it was meant to offer muslim women a way to participate but french politicians said the running he job contradicted the country's secular values there were threats of a boycott until retailer decathlon buckled under pressure from angry activists. who needed your dick is promoting a garment that's actually a confinement of women's body. these women should be doing sports but it's supposed to be for the liberation of bodies and excellence this shocks me don't just. get to kathman said it had received hundreds of calls and e-mails in protest of the
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job and that staff in stores had been threatened but not everyone is offended. that women should do what they want i'm afraid if they can't put this on they'll not do sports simply almost as if you're a commercial decisions sports has nothing to do with it why should they cut lawn not sell this. decathlon is still selling the item in morocco muslim women in france can find he jobs at nike stores the u.s. sportswear giant introduced the product last year. and that's their business update thank you so much for watching.
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nights in belgrade are more the people are angry. they're upset about serbia's populist conservative government corruption. but the mistress hope she's. going. to. play. in sixty minutes till.
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it's time. to take one step further play and face the costs of playing time to search the know and fun for the troops. it's hard to overcome the injuries and connect the world to play it's time for. the job it is coming up ahead for minds how about taking a few risks you could even take a chance on love. her to please. don't expect happy endings. the church released german troops. donald trump and kim jong un number two here in hanoi vietnam. to be able to hammer out a deal that is more substantial than the singapore agreements tentative steps towards
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denuclearization in return for an easing of economic sanctions joining us we'll walk you through the events as they are in full gear monday w. news. will be. cut. this is speed of news africa coming up in the next fifteen minutes nigerians bringing back hari as the forces off the president grandel in easy election when we lost how far does the cuban nation over his victory go in the country. and tweak it in the call of africa's most are ready champions in uganda they call her super lady. then africa's affording giants a mysterious kayleigh is claiming the mighty pale bad dreams that dominates.

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