darkest hours during. w. merger talks between germany's top two lenders are expected to fail a possible tie up of deutsche bank and come out bank was met with stiff resistance from some major investors we go live to frankfurt for the latest. also coming up the second belt and growth initiative for him kicks off in beijing china wants to boost foreign investment in its project of the century but critics warn of beijing's debt trap diplomacy. and it's the owning season for facebook it's

time to face the truth and a massive drop in quarterly profit. have to do business i want to get jones in berlin good to have you with us so they were discussing a possible tie up more than six weeks and then announcement was due tomorrow now it seems those merger talks between daughter bank and bank have come to a premature end. both banks declined to comment but investors reacted quickly shares in collapse dropped more than one percent on the news. or rather for the latest let's bring in our financial correspondent ali bards who is in frankfurt with the doj of bank towers right. and you ted. i can tell you more than that other than that there are more sources

than reuters who are saying that i talked to a press spokesman at the door at your bank just a few minutes ago about ten fifteen minutes to go before coming here and he said that he called me back soon as anything developed but he wasn't confirming or denying anything about that story it seems that for the most part people here in the financial community were against the merger there were all sorts of problems that were associated with it and too little to gain investors would have had to be top by the door at your bank and people didn't really see the sense of it the only sense of it would have been a short term gain in cost cutting and closing many branches eliminating tens of thousands of jobs with lots of resistance by staff representatives labor unions the only people that seem to back it was the german government the finance minister and

his state secretary former goldman sachs banker so it would not be surprised if these talks failed all right i believe even it was a kind of a pet project for the finance ministry so i will be quite a story in those talks indeed failed the next question of course is well what's next for deutsch and commands then. well deutsche bank is left without a plan b. for sure its chair went up initially when this news came sure it doesn't have to go to the investors to raise capital in order to let's say get be the number one and link up with a come out strong buying shares or something like that but what does it do what is it to do prop up its situation its business and above all its share come out spunk could be a plan b. out there with lots of european banks apparently interested but we don't really know how serious that interest was the names that have been tendered were suntanned they are of spain i n g of the netherlands or unicredit of italy but it remains to

be seen whether they are really interested in entering the german market in this way all right on a bus that in frankfurt to do keep us in the loop when you hear something new thank you so much. sure thing. now than a high level belt and rope summit is kicking off in beijing today political leaders and business representatives from some forty countries including russia and germany are expected to join to learn more about china's new silk road and one of the routes will run through central asia moscow all the way to russia there will be roads and railways as well as palace stations telecommunications networks and pipelines and then there's the maritime a silk road which will connect china with europe africa and southeast asia with china all ready investing billions into infrastructure projects along the way but critics warm that president g.'s pet project plunges partners into debt while

giving china will power. these workers are assembling cooling and heating units for industrial buildings they are later going to be shipped to the u.s. pakistan bangladesh and mexico un dar or broad group is a company specialized in energy fission the air conditioning heating and air purifying lately broadest planning for further international expansion. in that union and the delta raid initiative is a good opportunity for us to cooperate and to promote our business further we expect to see a lot of new opportunities where we are all the down. but end road also called the new super road initiative is a massive investment program by the chinese government into international transport infrastructure in the past decades china has invested massively in its own infrastructure now it builds roads railways in ports around the world

china says the initiative is designed to boost international trade and cooperation but critics see there's a means to extend china's influence beyond its borders. that we are that is the main projects of the belts and road initiatives are all implemented by china's state owned enterprises these companies are closely linked to china's socialist state and government they study link between projects in the government is something that is closely watched in western countries it's understandable that the west is cautious about project. mid-sized private enterprises like broader less visible but still important to many projects. not only the architecture of the headquarters suggests that broad has been eyeing international markets for some time the group is doing business in eighty countries roughly fifteen percent of the projects are directly linked to the belt and broad initiative but broader saying the impact is much bigger. ones are two to

a first a lot of projects are financed by local governments or companies in the host country and that would cause delays since china started providing funds on a large scale we're seeing projects speeding up. some critics say china is exporting its stimulus policies to keep its own economy growing for private companies like rod however and even more important outcome of china's massive gauge went abroad might be a changing business environment in many countries some countries have agreed to direct transactions in yuan rather than in u.s. dollars. or. share within iran analysis and within the next fifteen to twenty years expect about tonight initiative to bring many interesting business opportunities. toward. world markets are likely going to see more chinese investments in the future. of a more us bring in our correspondent in taipei sohan so good to see you won best

mate of course is not a bad thing but there are critics there saying that it's all about china gaining more influenced by plunging others into debt are they right. well monica there is growing concern over china's political and economic influence many critics have talked about the negative impact on the host countries including that traps and corruption land seizure and environmental degradation and some have talked about the difficulties of building a fair method for resolving disputes between china and its partners and a few have criticized the failure of the project to create adequate job for locals so there really lots of things that people people criticize about this project and the criticism to not only come from developed developing countries so the international pressure is walking to compel china to make some changes and of course of course today people in beijing will expect some how do you think china

will respond. or china will have to defend its image and the charter of the public to size the project to counter the elevation that the bill and roe initiated is just a tempt to build a political influence and the chinese government is trying to find some ways is trying to find some ways to take more control of the project officials and the participants including the toned down rhetoric and the code clear rules for state owned enterprises and to restricting the use of built and rolled brand building overseas are detain and anti-corruption mechanism it's also stepping up efforts to get more developed countries to join end to spread the risk to build projects improve nations but it takes time to find out whether these measures are serious or just cosmetic all right just briefly if you would want to highlight of today's already in beijing. why. people believe that the chinese

government will want to present the bill and roll two point zero version that is a project that has expanded to more than one hundred twenty countries including more than half of the e.u. members and this banded by mansion such as the polo route and the digital route so they are lots of highlights this year that we can expect well some reporting for us from taipei they thank you so much. facebook has posted a more than fifty percent drop in quarterly profits as it put aside some three billion dollars to pay a looming find from the federal trade commission the social media giant a speaking investigated following revelations that it shared personal data with british consulting firm cambridge analytical without useless knowledge or consent by plunging profits the figures acceded attentions. u.s. aircraft maker boeing so quarterly profits fall stickley as it grapples with

a seven three seven max crisis the plane was grounded around the world after the models were involved in two fatal crashes within a six month span fixing the fallout is coming at a billion dollar price the boeing seven three seven max was supposed to bring the company into the future but now the model which had initially sold strongly has become its biggest liability in the first quarter alone the seven three seven max generated extra cost of a billion dollars and that's just the beginning because the seven three seven across the currently grounded worldwide boeing will face massive compensation payments to its customers the airlines there are also a parachute lawsuits mainly from the relatives of the victims of the two crashes an ethiopian airlines plane in march and the same seven three seven max model from indonesia in lyon in october last year that would not survive as boeing employees have made serious accusations against management from day warner it's just all been about scheduling our news get it pushed planes out we're behind schedule you know

we don't have time to worry about issues they go bringing stuff that they want about sloppy work purchases that had seen production fragments into sealed inside aircraft bodywork potentially disastrous u.s. aviation authority the f.a.a. is carrying out a thorough review of boeing and the u.s. department of justice has launched a criminal investigation into the company's conduct surrounding the two crashes boeing denies the accusations. update here randy wu for me and the team in berlin thanksgivings company.

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line with the rules set by the. top. snapping recipes or success strategy that make a difference. baking bread on d.w. . the folks. hello and welcome to news from the world of arts and culture robert merrill and joining me shortly will be the world renowned cellist. also coming up france's bread of choice the baguette with only four angry dunes why is it such a fan to make. i think you've got too much clothing made the office with over two thousand pairs of jeans and he really does need them.

now when he was just a little boy. a box sweet for cello moved to tears so his mom very wisely sent him to a cello teacher now he's one of the world's top soloists and has performed with old a major orchestras to great acclaim and he's even co-founded an entire symphony orchestra in bolivia. beethoven and cochabamba bolivia. within just a few years of its birth you were cast i've got to believe it has become one of the country's top orchestras co-founded by german cellist leo not. live in violinist me. it was on a south american tour in two thousand and twelve that edge and both met salazar and other young bolivian musicians and was struck by their passionate playing. but also by their limited funds.