tv Business Deutsche Welle April 18, 2019 6:45pm-7:01pm CEST
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for the dinner plate and for use in medicine. let's do business stock in jet airways plunged more than thirty two percent on thursday the ending carrier had its final flight today following its decision to ground its entire fleet its failed to secure emergency funding from banks jet airways has collapsed under the weight of heavy debt and rising oil prices which are also the main reasons for a whole host of high profile aviation failures last month i sense budget carrier wow air which flew transatlantic flight ceased operations leaving travelers stranded similarly in twenty seventeen over one hundred thousand passengers were left stuck abroad when the british airline monarch collapsed and just one month later germany's second largest carrier air berlin went bankrupt the last major indian carrier to go bust was kingfisher airlines in twenty twelve jet airways stuff have been holding rallies calling for
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a state bailout creditors are cautiously optimistic the airline can be saved. it's been a hard landing for jet airways flight crew and other stuff they took to the streets in the indian cities of delhi and mumbai to call for the government to step in to rescue the beleaguered carrier. the airline grounded its entire fleet indefinitely on wednesday after lenders rejected its plea for emergency funds potentially bringing the curtain down on what was once india's largest private carrier. at its peak jet operated over one hundred twenty planes with more than six hundred flights a day recently the airline was forced to cancel hundreds of flights on hold all flights out of india leaving thousands of passengers stranded. the carrier has struggled to pay wages for its roughly sixteen thousand employees. not after one week when it's too late what is the point of getting the fines when
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most of. the airlines collapsed deals a blow to prime minister narendra modi's pro-business reputation as indians vote in the martin seven week long election that began a week ago. the consortium of twenty six lenders led by the state bank of india says they are reasonably hopeful the airline can be rescued they held a bidding process with potential investors for a controlling stake it was shortlisted for contenders including which already has a twenty four percent stake in the airline they hope to ease the hard landing for jet airways now to some of the other business stories making news the united states and china are edging closer to a deal over the trade dispute top u.s. representatives robert light highs and steven nugent are reportedly preparing a visit to beijing for talks next week. amazon is pulling out of the chinese market the online retail giant his closing its internet story in china in july it's
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a significant setback for the company amazon has struggled to win over customers local rivals alibaba and j.d. dot com. and argentina is freezing prices on some food including rice and milk to bring in spiralling inflation the price of public services like transport gas and electricity will also stay the same rising inflation has drained the spending power of argentinean consumers. from businessmen to presidential contender kerry gold the billionaire founder of electronics make a foxconn is stepping down as chairman to run for president of taiwan already the richest man in the country he now wants to become the most powerful. foxconn chairman terry guus run for president is divinely inspired at least that's what he said in this temple to the sea goddess matsu he claims that matsu came to him in a dream encouraging him to step up for the taiwanese people. that's quite an
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endorsement as it is but it's as close ties to china that may get him on the ticket he plans to run in the primaries of the opposition kuomintang party but stresses it's not a done deal yet. i am willing to participate in the primary elections. for me if i am not willing to accept being appointed without being elected. again if elected i will represent the kuomintang in the twenty twenty contest or forty. if i am not elected it means that i didn't try hard enough. to call me tongue favors closer relations with china where foxconn has a dozen factories with more than a million employees making it the largest private employer in the country. it's a challenge to taiwan's current more independence minded government at
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a time when relations between taipei in beijing are strained is. a correspondent saw how this corporate boss came to run for office decide divine intervention. terry clare that's the goddess mogs who told him his dream that he should run for tolerance president next year of course is just a way to legitimize his intention and in fact yes been thinking over it for quite a while and as the richest man in taiwan and the c.e.o. of kahn. is called taiwanese version of the trump and he benefited from the view in taiwan after the presidential victory of donald trump that trump was in such this whole business man with no prior political experience and two in politics and with lots of investment in china and the u.s. who has been building friendly relationship with both chinese and u.s. government officials however his pro china image should make people doubt if he
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could run taiwan's government independently it beijing pressured it pressures him but he emphasized that you only want to promote peace and prosperity between china and taiwan it's no longer the catwalk that alone dictates fashions social media stars are increasingly calling the shots they're known as key opinion leaders chinese millennial is on the hunt for luxury items you know all about the. here in shanghai top american designers latest collection is being presented to a select group of guests. and when john la was one of the most special neither a movie star nor a pop musician she sick a.o.l. a key opinion leader on social media a fashion influence there. have advantages where fast we work with our phones and we post what we see directly and as private individuals we can get
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closer to people. study design she became a style icon through her instagram posts and fashion blogs hundreds of thousands of people follow what she wears and what she has to say about style issues. after an hour she's off to her next appointment. she travels the fashion capitals of the globe but she found shanghai the most exciting city of all. commie europe is highly developed in terms of fashion. but the pace there is slowing down. here in china we're very happy about that because we're facing a great future lots of unexpected great things will be happening here. next opposition up in the mall when jude law can live from her work as
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a social media presence at the moment she takes care of all her business herself even use a basement parking lot as a dressing room. ready for her next appearance global influencers like the thirty one year olds are not only watched by their own generation companies are also keen to identify them studies say that around a third of the world's luxury goods are bought by chinese and rising around four hundred million people in china are aged eighteen to thirty five more than the entire population of the united states and these millenniums are eager to consume not surprisingly says when gen low. in the west the older generations had a lot of luxury so it's not such a big deal for young people but that's not the case for china's older generation which is why we're so eager to have it. when i was certain
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chinese influence in the fashion world will continue growing this year she's planning to launch her own collection of swimwear and the fashion will probably continue to be her own best advertising. fragrance and crispy guess what they're serving up at this next chinese restaurant cockroaches breeders insists the insects a clean and tasty add to working with chefs to make the metallic. a warning our report contains a lot of bugs. imagine having a million cockroaches in your home the stuff of nightmares but that is the case for leaping can i and he couldn't be happier as a breeder he sees them as his children he also thinks they're delicious. and. a lot of people think it's disgusting and call them pests the ones that
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we promote here american cockroaches are in a hygiene ic environment the proper feed nothing synthetic we feed them corn flour fruits and vegetables so their medicinal value is also very high also we saw. cockroaches have been a documented part of chinese medicine since the sixteenth century for their perceived detoxifying qualities and that's why last year lee was able to sell a ton of his dried insects to a pharmaceutical firm for ninety thousand yuan or thirteen and a half thousand dollars billy's passion project is to turn roaches into a delicacy that's why he's been working with the chef of a local restaurant in sichuan province. now there was no youngster though these are farm cockroaches not from the wild so there isn't any bacteria after cooking at a high heat it's fragrant and crispy and so. he serves up around thirty dishes a month to cockroach hungry dinah's yard in by the claimed health benefits combined
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with such one signature spicy source after a few tentative first bites what they think. with its tasty and crisp and it's really nutritious this is my first time eating cockroaches all used to kill the ones a sort of home but i think that delicious village a higher up was all not bad for something that might otherwise have ended up on the bottom of your shoes. i wonder if they'll do protein shakes nice doing business with it.
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it makes time to take stock. and face. time in europe just such deals. and fun for the troops the book. to overcome hundreds and connection. it's time for. and you don't really use coming up ahead. minds. it's crunch time the european elections are just around the corner the thing is easy you might ask a simple why should i care what the european market is one of the biggest in the once everyone everybody needs to get so watch our special show you elections why they matters to asia the soonest but the local side value of the new elections why they matter to asia to date and the justice.
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and their replaceable chain reaction of breasts. and. began around six hundred years ago. in the renaissance the revolution in thought enabled the smoosh and see that people became aware of their abilities and strengths and in a way there was an outpouring of self-confidence and mentions it's the. architects. scientists. and artists. who are going to need invented completely new things and top of the ancient giants who have written me in its teachings. even if. the teacher out of the darkest millimeters into a. box people twenty seconds on d w.
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this is g.w. news live from the mother reported to russian interference in the twenty sixteen presidential election has been public u.s. attorney general william boss says the inquiry showed no collusion between donald trump's election campaign and moscow the president claims he's been thinking vindicated for a long awaited reports tell the same story we'll take you live to washington. also on the program india begins phase two of its five week general election process the rest of region of kashmir coast the polls are very tight security.
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