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tv   Business  Deutsche Welle  July 26, 2019 3:02am-3:16am CEST

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the drop in the regions on friday. a big day for a big tax and it's come with even bigger numbers google parent alphabet crushes expectations and triples its profits in the 2nd quarter and amazon delivered growth to what are investors how to beat get the lowdown from wall street. also want to show germany records its hottest day ever farmers are bracing for for a harvest. and when in rome recycle the romans through the city is testing out a new ecology bonus for train commuters. this is the business i'm on in berlin welcome we begin in the tech world where 2 of its biggest names have
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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 you tube. on 2nd quarter profits were up 3.6 percent to $2600000000.00. flocked to its one day delivery scheme. our markets correspondent has said louise the joins us now from wall st louis so to talk heavyweights too closely watched quarterly results what stood out to you. a couple of things said you know it's a case that not only did company b. don't revenue on earnings per share but had even lowered costs leads to where
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expecting this represents the payments a google makes it to companies like apple for example for its search engine it to be the default browser all devices also welcome by its investors a $25000000000.00 buyback program. no good the reaction though you know one day shipping costs seem to be helping sales but reducing the deals will continue in the current quarter also it's a cloud business that disappointed with revenues growing all the 37 percent this is the 1st time over the last 5 years one open it's a most lucrative recorded world below 40 percent physical store side despite continued promotions and hopeful its new openings obama's go to stores the sales have merrily changed 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
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before the probe is even concluded. dad. also has its risks and it can grade the current investigations are politically motivated instead of having an independent motive 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 over data that's why politicians on both sides of the aisle are doubling down on their criticism of a big tech after the department of justice. brought on to review of companies but also well known knowledge of direct attacks coming from president trump himself argues in their facebook or google conservative bias or amazon of pay not enough taxes and it's coming the u.s. postal service. the san luis the harlem there in new york for us thank you very much. japanese carmaker says it will slash well
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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 nissen you've about one in 10 chance of guessing this suck this of the cuts a reflection of just how much trouble this carmaker is and. to put it in terms of human resources we've already slashed 6400 jobs as part of an effort to reduce costs. and by pushing this effort further it will eventually cause a total of $12500.00 positions. you could do that was. so why the doom and gloom a number of factors are at play for one there are global issues an economic
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slowdown in china uncertainty surrounding brac there's the race to drive new technologies the crackdown on diesel continues. but there are home grown problems too mainly concerning this man car loss goan the former chairman has been embroiled in scandal 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 strained relationships nissan's workers are now bracing for news of who has to have made 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. the anticipated decision comes amid an
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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 lack of rain means another year of 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 don't know harvesting as fast as they can before
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their crops are ruined they've been that it for more than 12 hours. 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 plants can't even be used but i. think when 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 the 30 to 40 percent of the heads are empty and it was like that last year too that makes it even worse and it's not the all. and it's the ride that survives the heat the best he says at the moment it looks even worse for wheat it hasn't affected every farmer but most. will see the weather extremes sooner and
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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 of 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 looking 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
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incentives rome is trying an eco bonus system that would see metro train fare discounts for commuters who recite all 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 really it's also good for the cash back for the ticket transport to be yet another 2 positive things that once you know. if you get the key 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 new. single
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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 thought authentic in-flight eating experience in the airbus a 300 that'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. instead of aircraft diners relax in spacious booths with proper tables and passengers can eat on tables set on the
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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 check out the d.w. dot com slash business thank you so much for watching.
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you know one to one official estimates more than 1200000 venezuelans live in colombia meeting and really going. over to them while i return to. visit friends is that i don't think i'd ever go back there to live you know what i live there again i don't know so i'm not sure. witness global news that matters. make for mines as you know i mean millionaire is he going yes. goes over one of those cynical media may seem to us all up with out about our. vision of getting what they don't want it. what i'm focused on in the sort of what
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turned to me. maybe.

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