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tv   Business  Deutsche Welle  June 18, 2019 5:02am-5:13am CEST

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arriving in the usa. and vietnam's 1st homegrown automobile hits the streets today courtesy of car maker been fast. this is a business i'm seeing bears in berlin thanks for watching it's the world's largest showcase for the aerospace industry this year's paris air show both 2500 companies and expects more than 300000 visitors but there's also a bit of turbulence in the sector from trade wars to the safety concerns plaguing industry giant boeing. the smell of jet fuel is once again in the air around bluebird j. it's the aerospace industries biggest event both for military and commercial flyers and for air bust the ideal setting to talk about its next project a smaller long haul aircraft built with fuel efficiency in mind the idea making long distance flights profitable at lower capacities we can fly from north eastern asia into south asia sapporo delhi for example we can fly from the middle
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east down to bali we can fly from japan and deep into australia across the atlantic deep from europe into deep into north america and vice versa it's a frontal attack on boeing which is also developing a plane in the same segment. yeah buses archrival is in desperate need of a win its money making $737.00 max remains grounded worldwide after 2 fatal crashes once focused on production of the highly sought after model boeing is now battling for its reputation were killed and 4000 additional commercial airplanes we needed into actually even could be a shortage of pilots so a good 800000 new pilots might be needed was in the next 20 years and it was this slightly better than recently. address. that got the stock going
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boeing stock up by more than 2 percent and it was here on monday the biggest winner in the dow jones industrial average. and yes of course i want to ask you about these the world famous auction house being purchased by a french israeli billionaire telecoms and media group. and i'll tie c.e.o. patrick he offered $57.00 a share making the deal worth $3700000000.00 it will cease return to private hands after 31 years a public company traded on the new york stock exchange. which is where yens is so why is it going private well life can be easier if you are not publicly traded company and with your quarterly earnings reports you do not have to tell the shareholders every 3 months what to do and if they're happy with your course if you have. the private money it can be easier and
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more dynamic to deal with the challenges in the world them especially also the big competitor kristi's so the stock of saw the beast was up by almost 60 percent at this point $7000000000.00 as you mentioned is a premium of about 61 percent to shareholders. in support of their forests in new york thank you now it's often said that business hates uncertainty exhibit a might be the american firms bracing for yet another round of import tariffs on chinese goods should they really engineer long established supply chains or wait for a resolution to the trade dispute other way they're losing money and many are now asking the trumpet ministration for end to theme or goods has prompted the u.s. chamber of commerce to call for him to taunt what words mean is rather than more tariffs than an escalation both sides need to come back to the table they need to
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get back to the point where we were you know roughly 2 months ago they need to finish this deal and if they finish this deal that will be good for both near term and long term economic last week hundreds of companies including retail giant wal-mart wrote to u.s. president donald trump warning that a fresh levy would put jobs on the line and harm u.s. economic growth and it's not only importers that are worried agricultural exports have already been hit by china's retirement retire of its certainly causing businesses to relook at their supply chain in their structure but that's obviously easier said than done right in many cases you're talking about longstanding complicated supply chains relationships based on quality assurances and things they've been worked out over a significant period of time you can't simply just pick that up and move it to somewhere else many are now hoping that the g 20 summit in japan later this month will offer a platform for a deescalation in tensions between the world's top 2 economies over now to
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mexico where pressure from the united states has led to a tighten border with quite a moloch that's affecting not just migration livelihoods take a look. a river on mexico's southern border on the other bank lies guatemala members of the national guard are on patrol. every now and then they check someone's papers. constantly pull up and dock until now people have entered the country without any controls. we have children and we come here to buy goods so we can feed them and we can survive. and now this issue with the migrants it's really affecting us a lot because as you can imagine if they don't let us buy merchandise to be able to sell and the only source of income left for us here is the river. many of us can't swim. that.
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the mexicans themselves the czechs make any sense the area the troops have to cover is too big and there are too few soldiers patrolling the district so far. as you. know no immigration control doesn't make any difference here what happened before with big groups coming over that's over now now you see 15 people crossing over here another 20 more over there they cross easily no problemo. on the reasons the migrants want to flee happen changed poverty and violence in central america. china has abandoned its case before the world trade organization to have any dumping levies on its exports dropped the decision means the asian power must accept the duties on its goods imposed by economies like the e.u. and us. rules permit such taxes when state subsidies lower the real production cost of goods beijing has argued for years that it's a market economy undeserving of the duties an official involved in the case says
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the chinese pulled out before the w t o could rule against them. and saying in asia milestone for the vietnamese car industry today the 1st customer of local manufacture event fast is getting behind the wheel of the country's 1st homegrown cars a venn fasces hoping to become the 1st holy vietnamese car maker to challenge the international heavyweights take a look. lined up and ready to roll the vin fast padilla is the world's youngest hatchback as the 1st rolled off the production line on friday that was excited anticipation about monday's deliveries to customers. the 1st of our cars have been gathered and 32 official branches of in fast across the country in order to hand over to customers on the 75th year of maybe my house. and that moment has come to $17000.00 a deal is on the road in fast 6 factories all built in less than 2 years they're
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expected to make a quarter of a 1000000 vehicles during the 1st production phase rising to half a 1000000 a year by 2025. but entry into the market isn't without has a to vin fast analysts have warned that quality conscious vietnamese drive is where e about trying a local brand they tend to prefer foreign products for high value items nevertheless vietnam's prime min. stays confident the brand can put its own stamp on the global automotive industry. each car reflects the philosophy of its manufacturers country your ability of japanese cars the reliability of the germans the sophistication of the americans the skill of the koreans even fast needs to create the vietnamese identity on its campus. there's still a bit of a wait until we see the vin fast v.-e. adorning cars on roads outside of vietnam the 1st exports are expected in mid 2020
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. and that's it for me and the business team and berlin i'm stephen beardsley as always it's watching. your link to news from africa and the world story linked to exceptional stories and discussions can you and will come to the debuts after doing program tonight from for an exam from the z tower with safety deputed com stash africa join us on facebook and t.w. africa. i'm secure that my work that's hard and in the end is a me you're not allowed to stay here and more we will send you that. are you familiar with this. with the smugglers we're alliance of. what's your story.
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ready ready on what numbers of women especially of victims of violence in. take part and send us your story we are trying in all ways to understand this new culture. are not in his return not a guest you want to become a citizen. in for migrants your platform for a while information. this is the news africa coming up in the next 15 minutes forcing people to migrate costing economic growth at excessive pace in conflicts there are warnings today about the bracelet which is turning to dust all over the world a phenomenon known as desertification will look at the solutions being implemented in africa. and will meet the woman pulling no punches when it comes to empowering
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young girls but why is she teaching them to fight. through.

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