tv Business Deutsche Welle July 26, 2019 1:30am-1:45am CEST
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lorne's it's just a few problems. the global 3000 talks with team british researchers take a more optimistic view. where it is not always a good points but it's much much fairer that one out is the world really getting better. a global $3000.00 special report. starts august 19th on. a big day for big tech and it's come up with an even bigger number google parent alphabet crushes expectations and triples its profits in the 2nd quarter and amazon delivers growth too but are investors happy will get the lowdown from wall street. also on the show in germany records the hardest day ever farmers are bracing for
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a poor harvest. and one in rome where cycle as the romans do the city is testing out a new ecology bonus for train commuters. this is the business i'm joined on in berlin welcome we begin in the tech world where 2 of its biggest names have presented their figures for the quarter that ended in june alphabet of the company that owns tech giant google reported quarterly profits tripling to $9900000000.00 the figures beat most analysts expectations and came from higher advertising spend on searches and on youtube. amazon 2nd quarter profits were up 3.6 percent to $2600000000.00 amazon sales jumped by 20 percent as customers flock to its one day delivery. our markets correspondent was san luis
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joins us now from was st louis so 2 attack heavyweights 2 closely watched quarterly results what stood out to you. a couple of things that you know it's a case that not only did company b. done revenue on their names for sure but have even lowered costs that leads to where a spect in these represents the payments google makes it to companies like apple for example for its search engine to be the default browser all devices also welcome by its investors $25000000000.00 buyback program or no amazon no good the reaction though you know one day shipping costs seem to be helping sales but reducing deals will continue their current quarter also it's a business that disappointed with revenues growing all the 37 percent this is the 1st time over the last 5 years 10 for the most lucrative recorded world below 40
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percent on all the store side despite continued promotions at whole foods new openings obama so go with stores the sales merrily change from one year ago so a mixed bag of results there are now turning to another topic alphabet and amazon and also facebook they're both facing an antitrust review from the justice department but it seems that positions within the government are already hardening before the probe is even concluded. no i mean that also has its risks and it can grade the current investigations are politically motivated instead of having an independent emotive there is a consensus though on long legislators that the reason needed to supervise big tech companies both democrats and republicans are concerned about these having too much power and too much control but that's why politicians on both sides of the aisle are doubling down on their criticism of a big attack after the department of justice announced a broad onto trust review of companies but also well known knowledge of direct
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attacks coming from president trump himself in their facebook or google of conservative bias or amazon of pay not enough taxes and scamming the u.s. postal service. to san luis the harlem there in new york for us thank you very much . japanese carmaker nissan says it will slash well over 12000 jobs and cut production capacity by 10 percent in the next 3 years the news columns as it announces a 95 percent drop in 1st quarter profits. if you work for a nice sun you've about one in 10 chance of guessing this sock the scale of the cuts of reflection of just how much trouble this carmaker is and. how to put it in terms of human resources we've already slashed 6400 jobs as
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part of an effort to reduce costs. by pushing this effort further will eventually cause a total of $12500.00 positions. you could do this. so why the doom and gloom a number of factors are at play for one there are global issues and economic slowdown in china uncertainty surrounding breakfast and the race to draw a new technology is the crackdown on diesel continues. but there are homegrown problems too mainly concerning this man car loss go on the former nissan chairman has been embroiled in a downturn which has seen him accused of financial misconduct. the case has caused a further dent in an already shaky alliance with french carmaker ran no and japan's mitsubishi. between rising economic uncertainty and
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strained relationships nissan's workers are now bracing for news of who has to house and the costs. now to some of the other business stories making news the european central bank has kept interest rates unchanged leaving its benchmark refinancing rate at a historic low of 0 percent the hartley. anticipated this is and comes amid an ongoing battle to kickstart growth and raise inflation in the euro zone the euro rose on the e.c.b. announcement. and to another much awaited rate decision turkey central bank has slashed the key interest rate by $4.00 points the announcement has come 2 weeks after a turkish president. on fire the central bank chief because he had refused to bow to pressure for lower rates. germany has just had its hottest day on record the heat wave and the accompanying lock of rain means another year of
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struggle for german farmers throughout the country they're expecting a bad grain harvest in the eastern state of brandenburg the situation is especially dire. it's hot and dry here in eastern brandenburg and it has been for weeks the farmers are no harvesting as fast as they can before their crops are ruined they've been that age for more than 12 hours. before we have to start early and workers long as possible into the evenings. theme of advanced office a farmer and he isn't pleased this year like last year he estimates his right harvest will be far below average due to the long dry spell the smaller plans can't even be used but. i think one of the heads may be big but there wasn't enough water to form the roots there's nothing up there it's empty and that's the problem this year i assume that 30 to 40 percent of the heads are empty and it was like that last year
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too that makes it even worse when it's the all the. and it's the rye that survive the heat the best he says at the moment it looks even worse for wheat it hasn't affected every farmer but most. with the weather extremes sooner and stronger in brandenburg it may not be the case in other german states but when it comes to drought we're the 1st to feel the pinch. the farmers here have been struggling with extreme weather for years this used to be potato country today the tubers no longer grow in the dry sandy soil here more resistant strains might be the solution when all missing the wheat farmers have to look outwards we have to adapt our past planting goals to the demands we have now and the climate conditions today that means we have to develop tolerance strains and that's the problem we face to counteract both floods and droughts. it's avoiding too few of us are.
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getting so if you're talking then doth doesn't want to complain the harvest hasn't been bad everywhere but if the weather in brandenburg continues to worsen they'll need more robust breeds that can adapt to climate change it seems the only way they'll be able to survive. now economists will tell you it's all about incentives rome is trying an eco bonus system that would see metro train fare discounts for commuters recital bottles here's how it works. step one get your phone sky and step 2 feature plastic bottle into the automatic recycling bin step 3 get $0.05 credited toward your ticket fair these machines are still in the test phase but consumers like them already if you do not go see a beloved it's great for the plastic that we're not going to throw away if you will and it's also good for the cash back for the ticket transport to be at the nose or
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to positive things that once. you get there but if you give a kid it's an amazing initiative. it's going to encourage plastic recycling and you can also earn something for the subway ticket but. we've got our. single ticket costs $1.00 euro and $0.15 meaning a free ride is 30 recycled plastic bottles away. rome's mayor virginia raji says her city is the 1st major european capital to try such a scheme but it's still starting small. only 3 machines have been placed in different train stations and the trial run will take a year. only then will it be clear whether the eco bonus has made a difference in the city's plastic pollution an unholy problem in the eternal city . diners in india can get that authentic in-flight eating
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experience in a airbus a 300 about's been converted into a restaurant when staff dressed as flight attendants serving airline fare it's a big draw with tourists in the coastal province of law instead of aircraft diners or locks in spacious booths with proper tables and passengers can eat on tables set on the wing for fans of in-flight dining this is an automatic upgrade. well yes but doesn't taste like airplane food that's it for me and the d.w. business team here in berlin for more business news and features that check out. dot com slash business thank you so much for watching.
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goal of the. long haul goal. love and respect. a warm welcome to this edition of arts and culture the by avoid festival dedicated to the operas of composer of a shot wagner kicks off on this sweltering day in germany we'll talk about the opening and also take a look at these top stories. a legal tug of war is underway as descendants of the last german kaiser want parts of their state back we get
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a background story. and we're off to a former slate mine in northern wales in our series underground europe to have the same good time. germany's famous by a poet festival opens on thursday with a brand new production of the opera tom hoy's out the story of a failed minstrel caught between the hedonistic venus and the pure princess elizabeth is seen as an allegory of the classic romantic conflict between spiritual and carnal love but this production aims to prove that it's much more than just that. and the minstrel context. sees new production of riccati fog.
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