track meets hollywood an apple star studded event no less than the likes of oprah steven spielberg and jennifer aniston came to launch the company's new video streaming service but will it be a game changer that the i phone was. also on the show frustrated commuters are getting stuck into our traffic jams to get to work in god no trains could save them but getting investors on board is its own challenge. and some signs it could be back to business between the two koreas after some north koreans return to the liaison office of their joint economic so. welcome to the business i'm in in berlin thanks for joining us. flashy product launch was heavy on celebrity but noticeably light on clever new gadgets because the i phone maker is

steering towards a glittering new strategy and it's all about services. showtime for apple's latest venture we partnered with the most bought for accomplished in award winning a group of creative vision areas who have come together in one place to create a new service unlike anything that's been done before. apple to. apple whose first big showpiece event that didn't coincide with the launch of a new physical piece of tech is part of a shift to give more prominence to its services and it made the most of it announcing a new news subscription service was. immersed in they are doing platform player and he claims to have reinvented the credit card.

this one's made of titanium. pulling silence for some of its tech products including i phones about what's behind this strategy with such big names already agreeing to make programs for apple t.v. plus tim cook will be hoping its products can reach an even bigger audience. younes quarter joins us now from wall street to break this down for us good to see you now apple shifting to services to shore up flagging product sales but how much would you rate that as a strategy. well it is an important strategy for. digital world and lives and services to a certain degree become more important than hardware but having that said in the last year actually services that apple already worth the cost is growing

there was a revenue growth of thirty three percent but overall that amounts to fifteen percent of total revenue of cold so it's far too early to send services will even come close to the success. of the i phone they are now especially streaming services there that's a pretty crowded field already how do you think it would compete against amazon and netflix. it certainly is not easy and you mention to amazon and clicks about their old saw heating with the likes of walt disney and with the new news service also with facebook and what we shouldn't forget is if we talk about content for example that bill is planning to produce as well it's difficult to plan success and content is also expensive and that has been the big upside from

the i phone they had two huge margins and that was the main reason why apple had stellar earnings in the past couple of years and why the company for the first title was the first company ever to reach their market capitalization of one trillion dollars so it certainly won't be easy for apple and if i look at their reaction here on wall street traders were quite hesitant after the announcement the stock lost a good one point two percent on monday and was that was the biggest loser in the dollar jones industrial average while show skeptical investors there are from apple's new a push into new media and quarter reporting there from wall street for us thank you very much. gano wants to unclog it's wrote and got commuters catching traits it could prove to be a major driver of productivity and growth that reason wrecking the nation's tiny rail network and expanding it will mean massive investments. reports from across.

traffic in ghana's major cities is a daily frustration for drivers and passengers commuters say they can get trapped in gridlock for hours. as if there's no use mandating that doesn't. work instead of a true always. just in to yes. you can see that some of the drivers get tired and often cars will collide in traffic. i think if the government can put in place an alternative transport system it would help. the alternative would be a well functioning widespread train network but there are many challenges facing the rail sector. the infrastructure of bees for the development of the rule we stick to in ghana is non-existing in most parts of the country in areas where you

will find your lines day in bad shape and threatened by human activities if you are now undergoing repair way. managers in charge of the country's existing railway infrastructure admit that the system has been poorly managed in the past. it's going to have a very rudimentary. level of real infrastructure. all that we have and which is incorporated in phase one is that which was bequeath to us after the the exit of the colonial administration all of my hundred forty seven kilometers of it that's it. but even with that due to lack of maintenance due to lack of investment from governments successive governments the infrastructure degrade. degrade it degrade it until it came to you know start from halt. only to train networks are active one in western gonna and the other in the capital but passenger numbers are low a current plan calls for the addition of four thousand kilometers to the country's

network at a cost of more than twenty one billion dollars the hope is for backing from europe and asia city planners say the investment is essential. yet their course is a man avoidable. go to erupt in the evil particularly rebuilding their cities the cost is going to be huge but when it is stretched over a. long period you see that is economical. the government hopes to put in place an effective train network in the next ten years with more than ten trains operational within the city centers once funding is secured. all commuters can do is hope the new infrastructure comes sooner rather than later. now to some of the other business stories making news around the world fire and johnson and johnson have agreed to jointly pay seven

hundred seventy five million dollars to settle thousands of lawsuits in the u.s. planes have sued them over blood thinners are also saying that cause side effects like massive bleeding for the two pharma companies stress they're not accepting liability. claim market maker airbus is selling three hundred jobs to chinese airlines in a deal sealed during chinese president xi jinping visit to france officials say the contract is worth almost thirty billion euros narrow body eighty three twenty planes make up the bulk of the order which also includes ten wide body jets. the u.s. transportation department says it's forming an outside panel to review the federal aviation administration's aircraft certification program following two fatal boeing seven three seven max crashes boeing is working on software and training updates for the airliner the failure of a new automatic control system is suspected in the crashes. south

africa's most a valuable public company naspers plans to list its online assets on the euro next stock market in amsterdam it would be one of the largest internet listings on the exchange the media group began as a newspaper publisher a century ago. now north korea appears to have made a u. turn on a decision to pull out of an intercom and liaison office so says some north korean officials have returned to that office in the border city of cain song outs too early to tell if the consolation is back on truck but engagement between the two koreas has stumbled after the failed trunk and summit last month. so the unification ministry which deals with into korean affairs said forty five north koreans showed up for work at the office in case song. so that all could stop members of the north stated that we came to do our shifts as usual today thus the

south and the north held a consultation at the liaison office this morning and will continue to operate the office as usual are all going about some was over when you are getting into. the news the north koreans were back in case on was puzzling the officials quit their deaths suddenly on friday they left just hours after washington imposed the first new sanctions on the north since the second u.s. north korea summit broke down last month the case aung office reopened last september as part of a reconciliation deal between north korean leader kim jong un and south korea's president. since those historic talks north korea's been sending around ten workers a day to the case on office. lately relations between the two koreas have been getting increasingly tense and there are fears of setbacks pyongyang threatened to pull out of nuclear negotiations with the u.s. after the collapse of a nuclear summit in hanoi between kim and u.s. president on the trump both sides blame each other for the failure of their second somers. and that's it for me and the t w business team you can find

a lot more news and features on our website the w dot com slash business thank you so much for watching.

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g.w. . in the book you are now with them. and learn from your local machine that. exposing just google that matters. before times. this is news africa coming up in the next fifteen minutes the mitsu movement in the nigerian she's been detained by authorities and attacked on social media we meet the brave woman fighting sexual violence in the country's conservative nor should cells that's why she won't be silenced. and the village in central mali gutted by militia fires over the weekend even one hundred thirty people doing it will tell you why the government has gone as far as second senior military officials over this attack.