an apology if not quite the acceptance of responsibility that's what boeing shareholders heard from the big boss in their first meeting following two recent fatal crashes but is that not. also on the show imus all workers of the world unite demanding same day delivery of better working conditions. and japan's emperor steps down marking the end of an ear off for the world's third largest economy. welcome to business i'm joined now the milan in berlin good to have you with us standing outside boeing shareholders meeting protesters called for the american plane maker to face prosecution for the two fatal crashes involving its seven three seven max model and side shareholders demanded to know whether

boeing did enough to ensure the safety of the plane its fastest selling jet now grounded all over the world since then boeing's first quarter profits have led twenty percent in a chair price by ten. is the first shareholder meeting since two fatal crashes involving boeing seven three seven max and folded into one of the biggest crises to hit the american plane maker we have boeing or sorry for the loss of life in these tragedies and they continue to weigh heavily on us we recognize the devastation to the families and friends of the passengers and crew members that extend our deepest sympathies to all of their please join me in a moment of silence at this time to honor the three hundred forty six people who were on board those two flights. but there was tough questioning from shareholders some wanted to know if the seventy seven max

production was rushed and whether that led to forty feel safe mechanisms a common link in the chain of events leading to both prussians was that sensor data triggered an anti still system designed to force the plane's nose downward we know we can break this link in the chain it's our responsibility to eliminate this risk . he said that boeing was making steady progress towards a software update that would keep such accidents from happening again regulators could be about to find out if his bright they are set to test the software next week our financial correspondent host san luis de haro followed the point shareholders meeting for us luis good to see you now do you have the sense that boeing managed to placate shareholders. somehow you know even tensions have between boeing shareholders and c.e.o. were high it is true that the outcome did not end up in an open war as some expected the company's shares are words likely down which is always

a good reference to know what investors are thinking and then. insisted that the seven thirty seven not so was a not to rush in the production he said the plane took six years to develop and that the equipment had been deemed safe and he reassured that safety is top priority another sign that shareholders are still hold some kind of concrete n.z. muhlenberg is that one proposal that would have separated the positions of chairman and c.e.o. both of which are now held by. the majority but there also have been media reports of whistleblower calls from within boeing warning regulators of safety issues with the seven three seven knots now did boeing react to that at all . for some of the reports you mention you know buoyancy always lucid dick company don't make safety features optional and every one of the

airplanes includes all of the safety features necessary for safe flight and questions remain as to whether boeing did everything good to ensure that planes were as safe as have balls of all and for no noted companies getting close to us over fix. that will be on some of the early commercial flights once the seven thirty seven return to service thank you louise to horo there on wall street for us . now is staying with a wall street google's parent company alphabet published disappointing figures after trading hours its first quarter revenue came in below market expectations dropping more than thirty percent on the year the tech agglomerate failed to benefit from the positive u.s. economy amid pressure from record finds that's left some investors concerned alphabets google and you tube face many challenges the company's privacy practices are under increasing scrutiny triggering more efforts to restrict advertising that

appears with potentially offensive content. just a few months ago amazon workers rallied behind the hash tag we are not robots a campaign against what they say are unreasonable working conditions since then they've learned there is strength in numbers amazon labor representatives from fifteen countries met in berlin on monday to coordinate their strategy against one of the world's most powerful companies. more than fifty trade union representatives from all over the world have gathered in the german capital for a two day meeting. they're comparing notes on working conditions in an amazon slip just six centers around the globe. south america is a new market for amazon and workers there want to learn from others with more experience and gaining better conditions. it's very important for like you know everybody here in europe absolutely but it's also more important for their workers

and south america because this is like i don't know one territory for us and the sun is just getting into latin america now employees complain of low salaries and they are demanding collective bargaining agreements or at least a more formal dialogue with management they hope their cross border solidarity will make amazon more open to negotiations. well for one thing we've learned that we're not alone we've learned that we're facing some of the same challenges everywhere in the world we have fifteen countries in the room today and we all have the same experience as amazon expands its operations to more and more countries union leaders are now taking steps to help workers everywhere speak with one voice. if the u.s. has its way a rein in oil exports could completely dry up in may the run up sanctions are likely to lead to a deepening recession up to six percent according to the international monetary fund the organist's the organization has also warned that the conflict between iran

and the us could end up the stabilizing the entire region. here in teheran people are exchanging rio's as fast as they can faith in the iranian currency has fallen dramatically it now takes a stack of them one hundred forty four thousand at the moment to purchase a single dollar and most people fear the u.s. sanctions will drive the rio down even further. of course the country's revenues are going to drop and maybe the real value will drop as well and the end the pressure that they're putting on this is pressure on the people. you know you some people have fixed limited wages like us. when prices rose we had to change a lot of things our rent went up. then we were forced to spend our money on rent instead of food at. the i.m.f.

has warned that inflation will drive prices even further in the country this year and that would drive many more iranians into poverty this would have. an impact on social specially that they sentients have led to an increase in inflation . inflation. reaching levels off fifty percent before of course any economy will suffer. recession the iranian government says it's considering counter measures to u.s. sanctions and as even threaten to close the straits of hormuz keep passage for international trade. japan marks the end of an era with a historic abdication of emperor. it's the first abdication in two hundred years and a big event for business the ascension of crown prince a narrow hito to the throne promises to give breweries hotels shops and restaurants a huge boost. these two blunt to tie the knot before the end of the don't

going hey say era which means achieving peace and they're far from the only ones the wedding industry in japan has taken off since the start of april when the enthronement celebration dates were confirmed. for us this year will be a year with a lot of memorable events or the last year of the he say era will be one we won't forget any time soon and. to some. other businesses are also looking to cash in on like this stamp maker in the new era which means beautiful harmony people will purchase products like calendars and letter paper bearing the new stamps. experts expect private consumption to rise by over seven point five percent during the ten days of the celebrations. which is.

because more things are going digital the hunt goes stamp business hasn't been doing so well in the last few years but we see this as a business opportunity and i think the change to the new era is a good thing for the rules. breaks known as the golden week holidays take place every year but this year due to the enthronement they've been extended to ten days and many people will have the entire time off work the country's biggest travel agency says a record twenty five million japanese are expected to travel during the period and that will benefit hotels restaurants trains and many other service industries. in march there was talk of an impending recession but experts are now saying the celebrations could well drive up economic growth by a quarter of a point in the second quarter and manufacturers don't seem worried either carmaker toyota said its plants would remain closed for nine days not everyone's excited

about the party though even the stock exchanges are closing and some traders worry the shutdown will have an impact on the yen. and that's it for me and the business team in berlin for more business news and features you can always visit q.w. dot com slash business thank you so much for watching.

no cause for celebration world press freedom day may third w. . here's what's coming up on the coldest show more church movements the most pristine . mental such. as much of the cold a means for the type of clothes. going to sleep coming weekend here come t.w. . what's the connection between bread. and the european union so he

knows. correspondent alan baker can stretch this come dine with us. why. do you. bring recipes for success strategy that make a difference. baking bread on d w. this is news africa coming up in the next fifteen minutes torrential rains and flooding strike mozambique just days after cyclone can have smashed into the country levels increased many areas from rescue workers bring you the situation on the ground also coming up a moment in history captured on film we hear from the photographs who's been documenting the rise and in sudan. i'm dreaming of film stock you meeting.