to rich's tire style however once for some of the fisherman is making millions today selling fish on facebook. this is business. as welcome as a military clash between the u.s. and iran looks only to have been narrowly averted the tensions are making the air above iran unsafe some of the world's biggest allies voiding flying over the over a section of iranian airspace after a u.s. military drone was shot down america's federal aviation administration has banned all u.s. registered passenger jets from passing through iranian controlled parts of the gulf of oman and the strait of hormuz other carriers are also taking action. a global hawk drone like this one has a wingspan greater than a boeing 737 after one was downed over the strait of hormuz the u.s. federal aviation administration began to fear an actual commercial jetliner could be next the f.a.a. says the nearest civil aircraft was around 80 kilometers away when the strike

happened in the busy section of sky he clearly thinks that's too close for comfort to his band u.s. registered planes from flying over rainy administered waters in the persian gulf and go for them on warning they could be mistakenly attacked that warning has been heeded by other carriers around the world malaysia airlines is rerouting flights that would normally pass through the area including its service between london and kuala lumpur. other airlines feeling sufficiently alarmed to follow suit includes germany's australia's quantas of the netherlands and british airways they all say they'll divert around the area effecting some long haul flights between western europe and parts of asia and australia at the same time united airlines has canceled all flights between new york among by until further notice. u.s. media reports that president trump ordered military strikes against iran on thursday before changing his mind pushed up oil prices traders have begun to worry

that an armed escalation could disrupt flows from the middle east meanwhile the flow of traffic through the region is already being restricted. european union leaders have extended promising economic sanctions against russia for another 6 months the sanctions include curbs on russia's valuable oil business as well as defense and finance sectors the 1st put sanctions on russia after moscow annexed crimea from ukraine in march 24th teens the u.s. now applying fresh pressure other demands russian cooperation in the trial of 3 russians and one ukrainian accused of shooting down a malaysian such a plane over crimea in that. e.u. leaders however are not united in all matters concerning russia the north stream to pipeline project that ships gas from russia to the baltic sea to germany as put at olds with eastern europe and the us who worry about moscow tightening its hold on

europe via crucial energy supply lines. construction is a ready well underway and if all goes to plan the north stream to pipeline will be completed by the end of this year it will cover a distance of 1200 kilometers and to set to run parallel to an existing pipeline north stream one the new rouge is expected to transport some 55000000000 cubic meters of gas from russia germany each year the pipeline means russia could meet more than half of germany's demand for gas. opponents of the project say europe will become overly dependent on moscow to meet its energy needs. among the biggest critics is u.s. president donald trump who has threatened to impose sanctions on companies involved in the project. one country that's yet to give north stream to the final go ahead is denmark something that analysts attribute to lobbying from washington and it's

not just geopolitical issues that play profits are also a factor the u.s. is keen to increase sales of liquefied natural gas to germany but a lack of terminals for gas tankers is an obstacle the closest ones are in zebra go off the coast of belgium rotterdam in the netherlands and we know to in poland in germany plans are in the works to install terminals in their homes half started and rostock. and as well as a shortage of infrastructure there is the premium cost of american fuel buying gas from the us instead of from russia would cost germany an additional $4000000000.00 a year according to some estimates. and now some of the other global business stories making the news today bank of england governor mark carney says britain will face e.u.

trade tariffs in the event of a no deal bragg's it's his comments dismissed the claim by a leading prime ministerial contender boris johnson that international trade rules would keep britain high and dry deal or no deal. shares and workplace messaging company's stock have soared 50 percent in its wall street debut giving the opposite of valuation of about $20000000000.00 that follows a steep loss last year says $600000.00 organizations now use their software. germany's economic growth is likely to hit the brakes in 5 years if a lack of skilled workers is not addressed according to a new study by the renowned for economic institute a study released on friday shows that a decline in the workforce due to demographic aging will start a longer economic slow. theri goo is stepping down as chairman of apple supplier foxconn technology mr who has led the business

for 45 years is widely expected to honest candid and taiwan's presidential election that leaves the apple supply in uncharted waters is political aspirations come out a sensitive time for the for a company that is acutely vulnerable to the u.s. china trade conflict foxconn is the world's largest contract electronics maker and assembles products for major international brands including apple and qual way go who's been at the helm of folks calling for more than 4 decades announced he was vacating the big chair at the company's annual general meeting in taipei or huge waiting i've already decided to fade myself out from foxconn i already decided to hand over the operations of the company to the 9 person standing committee of the management committee. i have a lot of confidence in them i think all shareholders can rest assured they will do an even better job than me. go whose company is china's

largest private employer was keen to signal that his wish to be president of taiwan has nothing to do with his business interests on the mainland on a visit to a shrine last month he said he was running because much so the sea goddess had told him to. lie if matsue of the sea goddess says that you should step up then it's not in order to make money nor is it for my personal enjoyment. i go plans to run for the beijing friendly coalmine tang or though he still has to win his party's nomination he's the odds on favorite recently the party awarded him with a certificate of honor for 50 years service the bulk of goes investments are in china where he employs more than $1000000.00 workers and it's china's cheap labor that has underpinned his business empire and taiwan goes to the polls in january with the contest set to be dominated by relations with china. a look

into this story with a prayer hang who joins us from singapore andrea after 45 years well goo we let go off the reins. that's a very good question the new men at the helm mr lew young we may be taking over as chairman along with that 9 member operations committee committee that was mentioned earlier but terry who said that he will very much so retain a seat at the board of the company and as director that means that he will have a c. in whatever goes on at foxconn as well and ultimately as as well as our high of the parent company now this means as a director he will be able to give advice as well as reject proposals that are given by the team under the helm of new young way so this is an interesting more on

terry goes part as he moves into the china friendly tung party and the news has sent on high industry shares down 1.2 percent today. in singapore thank you very much. now selling seafood on a facebook live yes that's actually a thing in thailand thousands of hoped it's the story of a poor fisherman's son who is making a 1000000 a day now not yours or dollars but boss it is it's still a lot of money more than $30000.00 euros a day is a true rock to riches story. take it take it it's delicious it's awesome that's how a new rack sero a time i advertise is his fried seafood on facebook thousands of watching and buying the live stream is very popular across thailand thanks to his mixture of fun

and insider tips. it's all obvious all by feed the audience with ideas of me as a fisherman who knows all about the seafood products that i'm selling. i know when is the best season to catch seafood and which part is the best to eat so let me choose for you. in just 3 hours he and his team can sell around a 1000000 vons worth of dried shrimp squid and fish that's 30000 euros worth the things haven't always been successful. or not i started by trying to sell 3 kilograms of squid that i bought. i fried it to make it look more interesting and i did the facebook live. but i didn't make any sales at all by we do or haven't don't argue no i was wondering why he then turned his broadcast into a show that's fun to watch and on top of turning a profit he's also helping his village the fisherman now sell twice as much fish as

they used to he's come very far for someone who says that he's not a natural seafaring talent it seems his online sales talent more than makes up for that. maybe i should start from things around here in the studio. that's it for me and the business asia team here in berlin for more business news back wrong stories checkouts d.w. vocal. state. is the next arrive after this quick look out for the locker.

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plague. player . this is live from live the u.s. was only minutes away from bombing iran before counseling the operation preston trump says he told all his planned asterix because they could have killed 150 u.s. talks would have been in retaliation for truong shooting down an american spy drone we go live to washington also coming up protests in hong kong against the proposed extradition lol. last into the night thousands turn out to the government ignores the deadline for improved.