business asia i'm stephen beardsley thanks for joining us the czech republic made headlines last december when its cyber watchdog warned about the potential dangers of network technology from two chinese firms while way and z.t. e with that prague suddenly found itself in the middle of a larger transatlantic debate over chinese tech firms and the rollout of critical five g. mobile networks about debate has returned to prague this week where the u.s. in particular hopes to convince european allies that huawei is a threat. super fast four k. television the internet of things artificial intelligence a fast transfer of massive amounts of data over five g. networks is key to all the coming tech trends but fast is not all that counts more important than speed is security and the question who handles our data and how politicians the world over are aware of the future impact of decisions made now.

in a nut shell the within. a fraction of a second zero point one second i think today you're able to transmit this mountain information but the new framework of five. within that zero point one seconds will be able to transmit this amount. from inside out and out say. that would include. mower data as well. leaving the debate on five g.'s security as the united states. we hope that like minded governments will avoid committing to any one system or vendor until they're able to properly that and compare available technologies and fully assess risk across the lifecycle of site g. networks installation and operation. stein man's common stock targeted at one company in particular while away the chinese telecoms equipment maker as the global leader in its field is said to have the best technology but some accuse the firm of

being too close to beijing and then able in the chinese government to spy on countries working with huawei hardware the us has banned while way hardware from being used in its networks and is trying to convince others to follow suit european allies are at the center of its pressure can pain and the czech government itself is divided on the issue the company however remains optimistic about their global perspective. so far we've shipped more than forty thousand five hundred based haitians around the world in china korea across europe and the middle east. and we've signed more than thirty commercial five hundred contracts so far twenty one thousand we see is the year of five g.'s one five t.p.k. . there's a journey ahead but the early signs are very encouraging while the product conference did not come to a conclusion on huawei the pressure from the u.s. and other countries will almost certainly continue to hamper. the company's success

. and let's bring in our financial correspondent ashutosh condé who is joining us live from frankfurt. the us has been making this case for a while been pushing its allies in europe for a while is it coming ahead is it making progress with his case against wall way. it does not seem so so far because major allies in germany and britain have indicated that they may not completely ban who are they from participating in the five g. building a five g. network in the country britain has said that while it shares u.s. concerns it feels that it can actually deal with the. clues the scrutinize the company and its office so that and this there can be managed. and also because the europeans feel that most of the major european carriers like board of ford and they already use a lot of who are the mint and to change that or to move to another equipment would not only be proved to be costly but also delayed due to a lot of five g.

and remember europe is all lady or lady late for the five g. party so having said that and also the fact that a frustration of us can begin from the fact that how it threatened. that it would in intelligence sharing if the country goes ahead with five g. . and also the fact that there are reports that there would be the u.s. companies would be told not to supply some sort of equipment to hawaii to take to prove prevented from actually coming out with the five g. technology and other equipment that it uses for its five g. equipment rather than stay with us ashutosh as we look at another report that we want to ask you about and this one about h.s.b.c. coasting on the back of a strong performance in asia to report profits profits topping thirty percent in the first quarter of the year the bank which is based in london but reports in dollars said pretax profits came in at six point two billion dollars which beat

expectations the group also reported it had significantly reduced operating costs and it's tried to grow keeping outlays under much tighter control. so i'm sure there are some strong numbers there from h.s.b.c. the question now. that keep it up given the weaker growth we're seeing in china. steve investors certainly feel so the shares are up three percent in london footsie hundred the best performer on the index and that's because the company has managed to cut costs and it has been declared that it is going to have stated this cost cutting efforts and the fact that it sees this is going to be choppy environment going forward there's going to be uncertainties in this market in asia and that's the reason why it is going to keep reducing costs to mindy to actually meet its two twenty twenty goals and investors have cheered that and they have woodies into that because this quarter they have actually managed to raise that avenue at

a much higher than the cause which had been good for them in the pas and they were able to teach that but this time they have managed to do that and that's the reason why you see how. the and its expectations on profit and joining us live from frankfurt thank you ashutosh. over the u.s. now the american economy adding two hundred sixty thousand jobs in april notching a record one hundred three straight months of job gains it's just the latest suggestion that the current u.s. expansion is far from stalling the unemployment rate fell to just three point six percent that's the lowest level since one thousand nine hundred sixty nine right now the u.s. has more job openings than unemployed people or the situation some economists call full employment since most job seekers are able to land a job. investors were hungry for imitation meat producer beyond meat

on its first day of public trading the vegan burger start up more than doubled its initial offering price ending the day at close to sixty dollars a share and giving it a market valuation of the early three point four billion dollars that despite the company warning it likely won't turn a profit in the near future. leonardo dicaprio. bill gates and snoop dog they're very different celebrities with one thing in common they're investors in beyond meat which makes plant based meat substitute burgers and other products that are already widely sold in supermarkets in the u.s. . on the first day of trading beyond me cheers skyrocketed to one hundred sixty percent of the original offering price value in the company at three billion dollars. that's a similar figure to the amount americans spent on vegan products last year but

demand is growing strongly showing the kind of potential investors believe the sector has even fast food chains are getting on board last month mcdonald's put a vegan burger on its menu. the big question is whether the company is really worth all the hype. analysts point to the fact that beyond meet employees under four hundred staff and had sales of only about ninety million dollars in total last year and ended up around thirty million dollars in the red. and let's go back to europe where fans of t.v.'s game of thrones have been flocking to croatia in particular dubrovnik on the coast but in the very real model town cope with so many fans of a fantasy show. that. tourists visiting to broad neck enjoy acting out the scenes of the popular us series game of thrones set the spots where they were actually shot the tour guide mario surf takes

some to the film locations the tour cost twenty euros per person he now has three employees so business is booming last year one point two million people visited dubrovnik. it's not just that you. knew it was. put out because the newest one here even called it would seem here we did biggest star should. be here all that helps a lot. every morning tourists converge on the old town during high season around eighteen to twenty thousand people walk through its narrow streets each day. of course not all are game of thrones fans but the fantasy series is especially popular with younger tourists. the city council has discussed limiting the throng of visitors even many of them think that's a good idea. sometimes.

you can do that because if there is too many people you and you don't diagnose. the entire old town has adjusted to mass tourism. the cityscape is dominated by souvenir shops hotels and restaurants the us go world heritage site is a bonanza for the croatian tourism industry. too much people sometimes. mostly believe for the people to. live a little of both and then that is. sure. to surf is also critical of the mass tourism. as dubrovnik reaches its limits he suggests dumping up efforts to rein in the chaos. in the studio to a limited number of people that. we just need to. it's

a first step each day just to cruise ships are allowed to darken the port of dubrovnik but that's unlikely to do much to limit the crush of visitors in the long term the tourist season has just begun. has been hit with a class action lawsuit in australia that comes shortly before the ride sharing firm is set to go public taxi driver said the company knowingly broke australian law to gain a competitive edge they're demanding compensation for lost income a lawsuit is just the latest reminder of the regulatory battles ahead of upcoming i.p.o. . that's it for me in the business team i'm stephen theirs in berlin thanks for watching.

the feelings.

cause for celebration world press freedom day on d w. shifting powers the old order is history the world is real organizing itself and the media's role is to keep the topic in focus have a global media forum twenty nine change today one out of two people is online who are we following who do we trust to beijing and shape the future at the touch of a global movement for twenty. it's time to take one step further and face the thoughts of. time going to such. a fight for the troops in place. to overcome barriers and such

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such. claim . this is the w. news live from berlin sidetone fatherhood changes east coast more than a million people have been moved to safety the rains and violent winds of more than two hundred kilometers an hour are affecting the weather as far away as mt everest and finding its founder the next photo on the program poses punish britain's main political parties.