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tv   Business  Deutsche Welle  June 28, 2019 1:30am-1:45am CEST

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i mean nothing out of the germans because i'm gonna sound place and laughing with them do you think deep into the german culture of. new jersey and think this groundhog day you know it's all about who know i'm right join me for me think of a monkey to post. a legal battle is taking its toll german chemical giant buyer is rearranging its troops and looking for external help as it aims to fight the challenges over life will save we've also coming up more setbacks for boeing regulators i identify another issue affecting the company's embattled 737 max aircraft brazing further questions about when boeing's cash cow will take to the skies again and authorities in malaysia scoring a big win against wildlife smugglers and rescue more than 5000 baby trucks.
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i'm chris cuomo in berlin good to have you with us buyer wants to fight back. the german chemicals company is taking steps to deal with the damaging series of legal challenges it faces in the u.s. over glyph was sea life was saved based pesticides set up a special committee to try to cope with the potentially massive legal bills it faces after its subsidiary monsanto was deemed responsible for causing cancer in users of its weed killer round up buyer already faces billions of damages it's heavily batter chair price soared by more than 8 percent on thursday on the news. from on this let's bring in the quarter who is standing by on wall street buyers trying to contain the guy for a seat fall out here but there is talk about breaking up the company tell us more and that. there well there is one of the big shareholders.
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of management and the founder paul singer and they're well known for being pretty active if not to call them aggressive and they have a success rate of about 78 percent was their compatriots and they actually and other shareholders as well and the biggest shareholders and buyer are american investors saw there could be the push to split up the company to actually get more money for shareholders so that might also be one reason for this recent gain in the stock price of now what more legal troubles could be coming by hours away here when it comes to round up. well i mean there are more than 13000 lawsuits pending from consumers the next trial is probably going to take
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place and sent fluids in the state of series in august so we also got word that the 1st lawsuit got filed australia so more legal trouble certainly is on the horizon now they did hire a new lawyer and that lawyer is very well known for settlement in high class last year was. right now estimates are that the buyer could settle those laws he would for about $6.00 to $10000000000.00 of what would be affordable for buyers but certainly those lawsuits won't vanish anytime soon and will actually be part of what shareholders and the company has to face in the next couple of weeks or months in court in new york thank you.
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the leaders of the world's top 2 economies meet at the g. 20 summit of major powers this weekend they'll be talking trade expectations are running high as president xi and trump arrived in stormy osaka the 2 have reportedly agreed on a quote tentative truce but mr trump has been talking tough yes threaten to impose even stiffer terror of on chinese imports if negotiations remain deadlocked by house economic adviser larry kudlow says there are no pre conditions. oh it's moving to the aviation sector here southwest airlines is extending the cancellation of flights due to the grounding of boeing $737.00 max planes until october 1st the airline said it made the decision before the f.a.a. a federal education authority identified a new potential rist regarding the plane's united airlines had earlier stated that is was extending cancellations into september the $737.00 max is grounded worldwide after 2 deadly crashes within
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a matter of months. it remains very much on certain when one of these plans will take off again. boeing has been trying to get its global fleet of 40737 max plans back in the air since march when every airline regulator in the world granted them following devastating accidents involving the model in indonesia and ethiopia . continuing on certainty over the safety of the plane has delayed the return and now there's more bad news for the u.s. plan maker. test pilots for the u.s. federal aviation administration have reportedly discovered more technical glitches with the 737 max they have been examining software fixes for the malfunctioning anti stall system the crashes have been blamed on boeing has been asked to correct the problem before things can proceed any further the u.s. regulator said there was no set timeline for the plan to return to service and that
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it would only lift the aircraft's prohibition order when they deem it safe to do so . boeing says it has lost $1000000000.00 in revenue as a result of the groundings during the 1st 3 months of this year but after tragedies that saw $346.00 people lose their lives safety is the only consideration of any real value at the moment. and not to some of the other global business stories making the news u.s. carmaker ford says it's cutting a total of 12000 jobs in europe by the end of 2020 as it tries to return to profitability on the continent fordable close plans in russia france and the u.k. and reduce shifts at factories in spain and germany greece has approved the 1st oil and gas exploration around the island of crete prime minister and i suppose that it would open a new road to economic prosperity exxon mobil in total have an 8 year license to search for hydrocarbons in a consortium with head on a patrol. and as far as i can trust to clear the air over its emissions scandal the
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german automaker has launched an all electric car sharing fleet here in berlin 1500 vehicles are now for hire they join a crowded field of competitors in a so far mostly unprofitable business just recently and b.m.w. service was announced to join forces. now it's the latest trend to hit the streets in many big cities around the world electric rental scooters are everywhere right now but critics say they are neither economically viable nor environmentalists sustainable. a 2 wheeler billed for 2 even though doubling up on an electric kick scooter is actually illegal in germany you can now find these vehicles for rent on nearly every corner in the heart of berlin and this summer people are scootering through the streets and parks of the german capital where 15 companies are competing for the market critics complain that they clog up traffic and consume too
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much energy. we wanted to hear the company's response so we zoomed along to german scooter sharing company tier mobility experiences in other cities show that only 20 percent of eek excluder riders have given up their cars for this mode of transport but the sector believes that in the long run electric scooters will ride cars off the road. and this is sponsored see one so if you look at the commuter train stations here in berlin in some cases there are one or 2 kilometers apart and maybe your office is right between them or your workplace is 4 or 5 kilometers from the train station then it's very attractive to rent an electric kick scooter at the station to get to your office and the potential users are people who would have otherwise taken their cars or given 5 sides of the. unknown father. but keeping up an adequate network
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of motorized scooters is a logistical challenge at night transporters have to collect the scooter fleet and redistribute them for the next morning micro mobility analyst alexander young says that's why it's no surprise that a 10 minute ride currently costs $2.00 euro's 50 as much as a subway ticket. not all of the aga feud i lot of suppliers say that's even below the running costs because managing a fleet of electric scooters cost so much money tied into the buy didn't elect look at $1.00 of the current generation doesn't have replaceable batteries. so you basically have to pick up every scooter every 2 days ticket to a warehouse to be charged and then bring it back into town and he starts over because that in my view that's not economically viable in the long run. but manufacturers are working on the battery problem they're convinced that these
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electric vehicles can help turn the corner in the mobility revolution. malaysia is one of the world's top 10 hubs for wildlife smuggling and going after traffickers is a constant battle now customs officials scored a big win at kuala lumpur airport seizing over $5000.00 smuggled baby terrapins. to baby red your slider turtles were discovered in small baskets in the luggage of 2 indian nationals who flew in from guangzhou oh in southern china. the semi aquatic readier slider is the most popular turtle in the pet trade. customs officials of the tariff and take was worth nearly $13000.00. altogether a total of $5255.00 terrapins were slaves from these 2 individuals. the glaciers a major transit point for illicit wildlife trade to other asian countries the whole
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is a significant victory for customs authorities. you know. this is the 1st such case this year and we can't say whether it involves a similar quantity or more than we've seen before but it seems to be quite a large quantity into suitcases found at the same time what i see but it must be some of what they may be photogenic but the turtles can carry salmonella and are invasive in some habitats a reason why smuggling can be so damaging. and that's why so thanks for watching you back here tomorrow.
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look. how to cover more than just one reality. where i come from we have a transatlantic way of looking at things that's because my father is from germany my mother is from the united states of america and so i realized failure early that it makes sense to explain different realities. and now here at the heart of the european union in brussels we have 28 different realities and so i think people are really looking for any journalist they can trust for them to make sense of this.
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is not stuff i work at the moment. the odd.
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all we can be the generation that ends it good malaria must so millions can live. hello and welcome to news from the world of arts and culture we'll be looking at another mazing new documentary about the moon landing and also. the star most festival in switzerland which mixes science the cosmos a music. and a unique artist or is it too often. the ambidextrous talents of raw cena.
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but we begin today with a new documentary about the moon landing 50 years ago i can still remember vividly remember as a young boy the whole world seemed to stop and we watched in amazement as we saw live pictures being directly from the moon into our living rooms and the incredible technological achievement at the time i also remember feeling a sense of global humanity that we as a planet where achieving great things and taking great strides well anyway here's a taste of apollo 11. this is the lunar mission like you've never seen it before the documentary apollo 11 turns us into witnesses of history. like the one you feel as far as responsibility.

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