and there was still surveillance. experts to be able to agree on the guidelines of this technology create deadly more thomas weapon systems. the robot collapse starts aug 14th on w. . a star is born china's answer to u.s. tech stocks index nasdaq is off to a stellar start but surging stock prices creating several new billionaires but analysts warn that the star market may yet come barreling down to earth. also coming up norway says it wants its sovereign wealth fund to become green but environmentalists say that's just lip service either way the funds investments have become a heated topic of debate. and robots and alcohol makes we take you to an

unusual bar in prague to find out. this is the business i'm jenelle the lot one in berlin thanks for joining us it's the latest step in china's ongoing bid for tech superpower status the newly created tech exchange called star market had a debut of astronomical games with some share prices shooting up by 520 percent here's a look at that 1st day. trading at china's new star market tech exchange was launched with a gong sounded by the country's securities commission chief and shanghai as communist party secretary the chinese government has been pushing for a tech exchange as it battles with the us for technological supremacy modeled on new york's nasdaq star market will give small chinese investors a chance to buy into tech industries that have so far listed their stocks on wall street beijing hopes to catapult the country into

a leading technological position in the coming years. profits the stock market looks at technology and a company's ability to innovate for the 1st $25.00 companies to list come from the biology medicine to sustainable energy and related sectors put a large proportion of their revenue into research and development every company listed on the stock market posted solid gains during trading with demand far outstripping available shares. joining us now from new york home of the nasdaq is our financial correspondent scored to hi and now how is news of china's own version of that is that being received where you are. well i mean the u.s. american markets are not really shivering at this point what china needs is capital if possible even foreign capital but overall the u.s. capital market is far more advanced than the chinese is and what could possibly go

wrong in this new star market if you want to call to that name is less restrictive has less regulations at its user would usually the case in china for example chinese investors are also allowed to sell short meaning placing bets on falling stock prices that is usually not possible to so besides all this hype that we've seen here on monday and time will tell if this project really will be successful and is going to be bulletproof saw traders here or investors. on wall street in general are still a bit cautious what. it was in this new marketplace. so investors in wait and see mode now there's another update on this other u.s. china battleground for tech dominance while way back in the headlines again what are you hearing. there well i mean there are 2 big stories and one is

that us american. tech companies are executives specially from the semiconductor industry they try to figure out there was the u.s. government what does going on was the ban against them you are why you are why i actually said that they purchased tech equipment from u.s. corporations in the amount of 11000000000 dollars last year but then also we got the wall street not the wall st john of the washington post rather claiming that they have proof that actually you are why you help more career to irregularly or to build a wireless network over there so that actually at some pressure to the overall tensions between you all by and the u.s. government. courts are there on wall street for us thank you very much now staying with the wall way of the u.k.'s digital minister jeremy wright says his country needs more time to decide whether the chinese text supplier should be

allowed to participate in britain's 5 g. mobile network buildout the country was expected to make a decision on monday but that has now been postponed until the impact of the us measures against huawei become more clear the us and says swallow is a security risk it has bound u.s. companies from buying from while away and is pressuring allied nations take a similar stance. norway's sovereign wealth fund made headlines when it decided to pull investments out of oil and gas and fossil fuels and make deals since we're talking about the largest sovereign wealth fund in the world but environmentalists are saying there's still a long way to go towards making that fund a green one. the aim of norway sovereign wealth fund is to ensure responsible management of the revenue from the country's oil and natural gas sales for the benefit of current and future generations so what does responsible management mean

the funds investments have become a topic of heated debate the norwegian parliament has barred the fund from owning stakes in a range of arms tobacco and fossil fuel firms it has had to sell holdings in hundreds of companies in a major divestment initiative some of those called panels are. coal producers in their mind nurse or power producers based on coal. or for those ethical reasons close to 70 coal producers or coal called and it's been excluded from the fall that was in 2014 environmental activists at 1st welcomed the divestment by such a bigger player as a significant move towards responsible sustainable investing. but some are now saying that it's premature for politicians to talk up the funds green credentials given that there is still such a long way to go. no we didn't government here is speaking with 2 tongues. no we didn't prime minister was telling last on the 24th of may while

speaking in front of climate striking school kids what they that what the norwegian government has done since the previous school strike was actually to divest 134 oil companies from the state don't punch and pension funds just she's talking about this in climate terms and and one could ask who is actually the boss i'm the person in charge here environmental protection me indeed be a concern but the funds core mandate is to preserve the wealth of the norwegian people if the world turns away from fossil fuels holdings in those industries could collapse in value we are not aiming to send the message to the world that we are aiming to take good care of the region people savings the aim of this process is to reduce the overall process wisc in the region economy and that's really this one is not instrument of the environment more mental policy it's not

instrumental or foreign policy. it's a financial instrument to take care of the russian people savings the sovereign wealth fund has far fewer coal companies and its portfolio now but it's keeping stakes in controversial fossil fuel giants like exxon chevron and how the burton still involved in oil and natural gas exploration now to some of the other business stories making news more cutbacks in europe's financial services sector italy's uni credit bank is reportedly preparing to announce job cuts of up 210000 positions worldwide the move is apparently part of a new strategy that the bank is expected to present at the end of the year you need credit has not commented on the reports. seaman's she's a joke asr has signed an agreement with the nigerian government to help the tripled the country's reliable power supply by 2023 no financial details were disclosed at

the talks held in the capital of. nigeria's ailing power infrastructure is often blamed for hampering growth in africa's biggest economy. british airways pilots have voted overwhelmingly in favor of strike action in a dispute over pay the move could disrupt the peak holiday season for the airline pilots association said it had not set any specific dates for industrial action as it holds a further talks with management. although cars has announced a recall of about how 1000000 vehicles worldwide because of a faulty engine component the affected models have 2 leader 4 cylinder diesel engines manufactured in the past 5 years although said the engine inlet manifold is made of plastic and could melt due to temperature changes. are you scared about a robot taking your job the rise of artificial intelligence and machine learning

has led some humans to fear being made redundant on the outside though work means more time for socializing one bar in the czech capital prague they've taken a human machine mixing to a whole new level. they're known for their efficiency if you know their natural charm these robotic bartenders are the latest stop members to be recruited by a night club in the czech capital krog. their skill set includes cussing limes pouring sugar crushing ice and mixing it all up into a cocktail. patrons can order the drink of their choice from a touchscreen menu so far there are 16 on offer but the plan is to add dozens more to the menu. but kind of mechanically mixed cocktail compared to one shaken with human flair oh i love it i'm living i'm never seen anything larger embezzler mom on

. the team even though those are things. that's amazing. that's a truly good. flow the mechanical bartenders makes the drinks stand stairs up stairs a robot d.j. pumps that to choose leaving humans partying their way to redundancy. and its chairs from me and the entire d w d w there's a scene here and berlin for more check out our website b. dot com slash business or follow us on facebook and on twitter thank you so much for watching.

we think different languages we fight for different things that's fine but we all stick up for freedom freedom of speech and freedom of press. giving freedom for some global news that matters d. w. made for mines. and gemini with. at any time i've come any place easy names in the m.l.s.

captain of the class some of the sing along to see this stuff come from super fun seats in the room for time interactive exercises. everything is online via an interactive gem interface 50 w. . imagine being born there's. a com prove it since you want to look for the school. you want to be use it on a love towards. the doctor's note when you fall in love they want. you don't have children for fear they'll be invisible to. have knows. when you've gone there's no point. in every 10 minutes. someone says. 10000000 people in the world the

stakes they have no nationality i'm told made up a long list. of that everyone has the right. everyone has the right to say. greetings from berlin and a warm welcome to our arts and culture news and before we get dazzled by some cutting edge of light art here's what else is coming up. in our continuing series $100.00 german masry it's a personal account of the wrong realities of trench warfare in world war one. our new series underground europe explores what's going on below the surface of the continent many must see locations this time in poland.

and some exciting news in film as the latest from marvel studios adventures and game has become the highest grossing film of all time. oh yes sociate light with bright ideas and at the world's 1st museum dedicated entirely to light art there are certainly plenty of those housed deep in the belly of a former brewery in western germany the center for international light art opened in 2001 when addition to its permanent collection it's currently showing the finalists for the 3rd international light art award with some brilliant explorations of a material that of course isn't quite tangible. a museum in the german provinces and talks on display this work by japanese artist yes your hero is one of.