tv Business Deutsche Welle July 26, 2019 5:02am-5:15am CEST
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the regents on friday. a big day for a big tax and it's come up with even bigger numbers google parent alphabet crushes expectations and triples its profits in the 2nd quarter and amazon delivers growth too but our investors how to be get the lowdown from wall street. also want to show germany records its hottest day ever farmers are bracing for a poor harvest. and one of roland burris cycle as 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 the 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 in sales jumped by 20 percent as customers flock to its one day delivery scheme. our markets correspondent host 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. done revenue on earnings per share but had even lowered costs on
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a lead somewhere expecting this represents the pavement google makes it to companies like apple for example for its search engine it to be the default browser . is also welcome by its investors a $25000000000.00 buyback program. no good the reaction one day shipping costs seem to be helping sales but good use in these 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 of 3 it's a most lucrative recorded world below 40 percent on all the physical store side despite continued promotions at whole foods 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. you know i mean it 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 but 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 of conservative bias or amazon of paying not enough taxes on the scum in the u.s. postal service. luis a harley there in new york for us thank you very much japanese carmaker
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nissan says it will slash well over 12000 jobs and cut production capacity by 10 percent in the next 3 years the news comes as a nissan 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 car maker is the end. product which is in terms of human resources we've already slashed $6400.00 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 and economic
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slowdown in china uncertainty surrounding brac there's the race to dry 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 gun battle 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 hotly anticipated decision comes amid an ongoing
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battle to kickstart growth and raise inflation in the euro zone. on the 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 aired a one 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 age for more than 12 hours. or 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 head is maybe 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 when it's not one of the all. 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
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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 so few of us or. even 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 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 it at the level of 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 to positive things that once you know. if you get a key it's an amazing initiative. it's going to encourage plastic recycling and you can also earn something for the subway ticket but in a court of madrid we've got our. single ticket costs $1.00 euro and $0.15
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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 and holy problem in the eternal city. diners in india can get that authentic in-flight eating experience in the air bus a 300 about's been converted into a restaurant with staff dressed as flight attendants serving airline fare it's a big draw with tourists in the coastal province of. instead of aircraft diners relax in spacious booths with proper tables and passengers can eat on tables set on
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not the things that are well just sometimes out but those they're laughing with the researcher. one thinks deep into the german culture of looking at the stereotype a quirk in the years in the future of the country that i don't blame. you don't seem prepared for this drama there do you go it's cold out there. i'm right joe join me to meet the gentleman from the w. post. this is africa coming up in the next 15 minutes is ethiopia in crisis developments in the country suggests prime minister i'll be off meds reform agenda may be backfiring. and for months off to 2 sides to a state of mozambique 1600000 people are at risk of food insecurity at least until september.
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