it's true business the world's largest oil conglomerate saudi aramco has raised twelve billion dollars with its first international bond issue high demand is seen as a good sign for a planned initial public offering but the company has delayed several times now it is currently planned for next year according to crown prince mohammed bin salomon who oversees business at saudi aramco he and his country have come under fire following the murder of saudi journalist jamal khashoggi in october but investors appear to be looking past that and a focusing on profits again. let's bring in comrade who is in our correspondent in frankfurt who's following this story very closely conradt first of all just clarify for me if investors are suddenly turning a blind eye or have suddenly forgotten all about this murder case of a saudi journalist. ben i think it's fair to say and safe to say that

investors are moving on you know last year when this murder happened a lot of business leaders were very eager to criticize the saudi government for example by not joining this conference call davos in the desert but very quickly business leaders have returned for example siemens importance and large german conglomerates. let's listen to what joe kayser the c.e.o. of siemens had to say in an interview today w. when our colleague kate ferguson asked him about this terrible. was it a terrible burden or absolutely it was a terrible murder but we didn't hold a country of thirty four million people mostly young people hostage for maybe maybe a murder you know which could even be political influence no you don't because you know there is a process to go after murder and hopefully find out and you know get a conviction but in the process you know i think everybody deserves the right to

follow the process but it needs to be followed so we have to almost three thousand people working for siemens in the kingdom so what they may tell them you know not doing business anymore abandon those two thousand people just because there was a terrible murder in turkey so it's not that simple it's not that black and white. right a very interesting take there from joe k.'s of the seamen c.e.o. but back to saudi aramco specifically just explain to our viewers why such a profitable company the world's most profitable company has to sell debts that's that's what a bond issue is. that's true you know even though saudi arabia really has a lot of money and saudi aramco really makes a lot of money. both also need a lot of money the country is in a transformation from an economy that's rely one hundred percent on crude oil to

a more diverse diversified economy and this of course costs a lot of money also this transformation means that both the country and the company have to become a bit more open they have to become more like normal countries and companies and by doing this bond issue this launch of a corporate bond saudi aramco seems to communicate listen this is where we are this is what we have to offer we are trustworthy we have good conditions for investors and this of course is a good precondition for a future i.p.o. of floating of the shares of the company here but hang on a second you said transparency there when are we going to see some transparency about when that i.p.o. is going to be. well that's that transparency is really in the making your right crown prince who is in charge of saudi aramco recently has said that the i.p.o. will happen in two thousand and twenty before that had been communicated that we

have to that we have to wait till twenty twenty one it's unclear of course a lot of this will also rely on you know the condition of the international financial markets but you're right the company and procedure is not one hundred pence and transparent they still have to work on that corner abusing with the analysis there and a few suggestions for saudi aramco the most profitable company in the world in frankfurt thank you. asian markets mostly reversed early losses on wednesday but investors remain nervous about quite a lot washington's terror threats are also spooked by breaks it which we'll get to later in the show first will china stick to its promises its make concessions on key trade issues like market access and intellectual property at a summit in brussels now the chinese leaders tour of europe takes him to croatia. it's the first visit by a chinese premier to go away show

a tiny market when compared to china but one of many european countries beijing is hoping to deepen trade ties with. want to hire that. we need to speed up negotiations on the china europe investment agreement with a view to making decisive progress by the end of the current year and then we can conclude a high quality china europe agreement before the end of next year it should be fair for institutional investors from both sides and ensure mutual openness. and saying seem to be moving in that direction that's the european union council presidents take after this year's e.u. china summit. they go see a show has been difficult about the truthful. statement which it. should be based on the reciprocity with a q that means compromises china says international companies will no longer be

pressured to disclose technological know how to their chinese partners beijing will also cut back on state subsidies and in the future trade relations will be developed in accordance with the united nations' principles and the world trade organization regulations the e.u. is also giving a lot of ground. the chinese telecoms giant while way is unlikely to see its technology banned from use in europe's ultra high speed five g. mobile network that decision was controversial because of while we've government ties and fears of digital espionage so beijing's charm offensive in europe must carry on. now to some other global business stories making news. china is mulling a plan to ban bitcoin mining the proposal appears on a list of industrial activities of thirty's considered unsafe or wasteful china began cracking down on corn offerings and cryptocurrency exchanges two years ago it's the world's largest market for coin mining hardware. sales have fallen for the

tenth month in china has sold twelve percent fewer vehicles last month than they did in march last year demand in the world's largest comet has been hit by the growth slowing amid trade tensions with the u.s. . japanese comicon this son will spend over two hundred million dollars equipping its south african factory to build and you pick up a passably at the plant outside for toria will increase by thirteen thousand vehicles every year four hundred new jobs will be added production is almost is also aimed at local and continental. britain's data china bank is said to pay over a billion dollar fine to u.k. and u.s. authorities they say it failed to prevent a reigning clients from violating international sanctions on the country the bank admits turning a blind eye for over six years. e.u.

leaders are holding another emergency summit in brussels today over britain still on was over the exit from the european union european council president proposed a flexible one year extension the people of collecting would rejoice at the announcement the french port is the major terminal for trains and ferries between the u.k. and the continent and fears about the potential effects of briggs that are running high. a massive traffic jam at customs in kerala that's what happens when french customs officials work to rule they perform their jobs very slowly as a form of protest to cope with brags that the french government has promised seven hundred extra officials the trade unions say that's far too few especially if there's a no deal bragg's it. each day the euro tunnel shuttle train carries four thousand five hundred vehicles through the channel tunnel kalai alone you just all if britain were to leave the customs union goods inspections would immediately become more stringent. but the infrastructure isn't in place for that it's still under

construction and there aren't enough personnel for. the new building for veterinarian food inspections is not yet finished and breaks a delay could be more than a mere inconvenience to cali ferry harbors planned for a potential no deal breakers it and budgeted some six million euros for it if it came to increased customs inspections here in the future it's hoped things would still run smoothly as losing time means losing money frank areas for example would be able to fill out forms on line in advance two million trucks use the ferries each year in cali. what we're afraid of is loss of revenue if the british economy imports and exports fewer goods but we're not pessimistic instead we're optimistic about the future as well. the ferry port is

a major economic motor in an otherwise structurally weak region many jobs have been cut in the textile and fishing industries especially and now briggs it they could be much of preferred if things stay the same for both sides. there's more inspections would be a huge hindrance mainly for the transport branch but i think british tourists would keep coming. that's what shopping centers on the outskirts of cali also hope british day tourists are unimportant leon tell british visitors account for about forty percent of sales here up to now at least. and just briefly google has launched its first commercial delivery in a straight customers in a small number of. in the suburbs will be eligible for the airborne service during the test phase food household items and over the counter pharmaceuticals with the lives of thousands of locations we google's delivery on is planning to launch its first european drug delivery service in finland later this year and in singapore

have seized thirteen tons of penguin scales valued at around thirty eight million dollars they were discovered in a shipping container on route from nigeria to vietnam it's the latest in a string of such seizures in southeast asia where pangolin smuggling has become a major problem the mammals who scales are used in traditional medicine or at risk of dying out experts estimate that twenty one thousand pounds a month were killed to harvest such a quantity of scams. business with the. fields

no longer breaking through the window at night more often than not we hang them. via the internet. cyber crime is a multibillion dollar disaster. but some hackers are useless skills to do good. made in germany ninety minutes on t w. listen. to what's coming up for the book loosely so much movement in the listening to this thing plentiful. discussion take a look at what all that means for the type of clothes. going to sleep every weekend here on t.w. . and you're replaceable chain reaction of

arrests so far. began around six hundred years ago. in the renaissance the revolution in sausage enabled this mention says that people became aware of their abilities and strengths in a new way and there was an outpouring of self-confidence and it's. hard to tell. scientists. and artists. contribute invented completely new things and topple the ancient giants who had originally been its teacher misleading to. change the culture of the darkest moon jews into a new place. starts people twenty second d. w. .

play. play play. this is the daily news life from the astronomers reveal one of the mystery is. the universe the first of the image of a black hole of adults in the understanding of one of the most mysterious objects in the cosmos it's considered a milestone in physics also coming up britain's trees and down another deadline with the request of the european union for yet.