russian car sales are rebounding and german producers smell big business again luxury brands mercedes even put up tens of millions of euros for their first ever production site in russia it's just opened also on the program should your shirt save you from the fire or help you in your workout know well the latest wearable technology can and will show and trouble is brewing between fishing communities and the government as seychelles imposes fishing quotas and tries to boost revenues with more tourism. i'm chris colfer in berlin good to have you with us the tide seems to have turned and russia after years of dismal car sales business is picking up again and dimer is banking on this trend the german luxury car maker has

officially opened its first production site in russia president putin and german economy minister altmire were on hand to help and such a is hoping that russian society still has enough affluent members to buy the plans to dance and. bloody mirror putin arrives at the new factory though not in a mercedes the presidential limousine is a russian built oras sent out putin favors domestic build models something him or cities will soon also be he pledged to make the new factory a success. but you dismiss it because you see these bands will not be disappointed in how the work and business are running in russia i'm sure of this and we will do everything for it we will help our partners says this it's a promise the german carmaker hopes it can bank on russia isn't even in the top ten markets for mercy's cars but with import tariffs looming in the u.s.

it has high hopes for russia with one hundred forty million. people and a growing middle class immersed sadie's is a so it after status symbol here one that justifies the company's two hundred fifty million euro investment but for the german government it's a balancing act investing big in a country still under european sanctions are these and so on the job was pretty sanctions were adopted for political reasons and we need political progress to change that. i mean here we are helping to overcome the political impasse that has prevented so much in recent years if you display in the cars were not affected by the sanctions at least not directly but the economic turmoil that followed caused the market to stagnate dimler could now be leading the way as german car makers look to return to russia. let's take a look at the world financial markets now court is our correspondent standing by on wall street against fresh economic data suggest that the u.s. economy is slowing further give us the latest yes we see

growth but slow growth is getting smaller and smaller we got some private sector job data in the past month one hundred twenty nine thousand jobs created and that is not too bad but more than forty thousand jobs shy of estimates and then also we got some numbers from the service industry and those dropped to the lowest level since august twenty seventeen also they're still growth but not as much as we've seen in the previous couple of months so all of that through the overall picture that we're seeing in the u.s. that we're seeing globally growth yes but not as strong as we've been used to in the past couple of years now a lot of this development less economic trouble with china would certainly be welcome and there are reports saying that about ninety percent of the trade deal between washington and beijing is done and dusted what can you tell us about that.

yeah i've seen that figure two or whatever ninety percent precisely i mean what we also hear from washington officials is that they are not there yet but obviously they're close to a deal one of the outstanding issues remain protection of intellectual property of us corporations what also remains to be seen as to how it's possible to enforce whatever deal might be made and then on the other side china is asking what happens to the terrorists that are already in place so those are some open questions souls' far so far the trade talks have mostly been focused on more imports from the chinese to lower the you would should trade deficit but there's also the big question how much even the u.s. is able to deliver if we think about agricultural products for example so not there yet but. hopeful signs and that also got the stock market going even if we got

those weaker than expected are going to make numbers and some are tough nuts to crack against court in new york thank you. here are some of the other business stories making the news. africa's e-commerce trying to raise as much as two hundred sixteen million dollars in its i.p.o. later this month the nigeria based firm will go public on the new york stock exchange making it the first african tech startup to be listed on the world's largest stock exchange by market capitalisation has operations in fourteen african countries former new car has gone maybe facing a further charge as part of a probe into financial misconduct japanese prosecutors are looking into a transfer of millions of dollars to a distributor in oman some of which was allegedly used for private purposes responding to the news mr goh announced he'd be holding a press conference next week south korea's s.k. telecom held a launch event for its five g.

network as the country is getting ready for the new ultra fast standard of communication on friday five g. will go live across south korea three more providers on the same day samsung will release its galaxy s ten five g. smartphone the first in the world to make use of the technology. what can your clothing do for you admittedly keeping warm and covering private areas are significant tasks but nowadays pants shirts and jackets can do so much more about preventing accidents at work or helping improve your golf swing consumer appetite for versatile wearable clothing is growing and the latest tech fashion is on display in la and take a look. it may look a bit unusual but developer catapult says the technology these footballers are wearing can boost their performance sensors gather data to help with coaching and

training wearable technology could soon become widespread and investors are showing an interest. at london's wearable technology show exhibitor show how the latest advances in wearable tech are shaping up to play a more important role in our lives. where we'll solutions for. two and hunts the performance of teams and athletes football. american football basketball rugby league the union and the main kind of team feel by sports to work and. wearable tech can even help improve a player's golf swing. our first back to market is on call it's comprised of eighteen cents or a slayer garment that's worn underneath your. clothes to collect state at. eighteen different sensors at a thousand frames per second it's global sales of wearable technology are tipped to

double to twenty seven billion dollars in the next three years but wearable tech must do more than improve golf swings or soccer skills to really take off. now it's a dream destination for travelers tourists regularly flock so the seychelles archipelago to enjoy the island nations beautiful beaches and the clear waters of the indian ocean but with environmental problems growing the local government is taking steps to ensure everything stays as clean as it is but what's good for tourism spells trouble for the country's second biggest industry. it looks like paradise but working here gets harder every day these fisherman in the seychelles are at first snapper and grouper but most days they come back with that the back into full catches they were once used to. when i first started fishing we literally. come to board. one

one thousand kilograms or fish. sometimes. one point five. but. is very difficult. to get one thousand kilograms. there are now fewer fish in the sea and to ensure its future of the indian ocean nation implemented a plan for a blue economy blue as the ocean that brings interests from around the world and money tourism is the biggest industry in the seychelles but fishing is a close second fish are practically the only exports now the blue economy stricter fishing quotas are threatening the fishermans livelihood. i fear this will be a dying industry in seychelles if the same trend continues i mean we're no longer attracting youths we're no longer attracting professionals so. we are being

condemned to feel to make way for others to make way for fish farmers to make way for fish ponds to make way for. the government to staying on course despite the fishermans worries the goal is to protect the so-called ocean economy valued at one point five trillion dollars globally are expected to double by twenty thirty such rapid growth brings up questions. how do we have a call growth how do we harvest the goodness which is in our ocean without harming it how do you make sure we regenerate we want blue economy to give us to stay in a ball oceans which will benefit us but also benefit our world to complex. there are no easy solutions the plan for a blue economy pits the country's largest against its second largest industry.

and that wraps up this edition of business for more check out our website at b.w. dot com slash business or better yet simply follow us on twitter or facebook for now thanks for watching.

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