if issue intelligence is now spreading through our society is this the beginning of a golden did you. want to be subjected to continuous stream surveillance or. any art experts be able to agree on the guidelines or will this technology create deadly new autonomous weapon systems. couriers or robot collectors start aug 14th on t.w. . new worries at the german chemicals group once thousands of new lawsuits are on the way over its killer. also coming up u.s. china trade negotiations resume and shanghai are we heading for a breakthrough our experts now. welcome to business live from berlin

i want to get jones good to have you with us it's an exist but for some big names it's also the season of bad news german chemicals company bias as it is unlikely to achieve its profit goal for this year and the reason the company says it's now facing more than $18000.00 legal cases in the united states over a herbicide that's alleged to cost can set by i gave an update on the numbers as it posted its financial figures for the 2nd quarter. has been the subject of protests around the world in recent years perhaps like life or saying it is causing by a major headache but thousands of people in the usa the effects of the chemical for them has been even worse the weight of lawsuits have fallen on bias since its $87000000.00 takeover of monsanto the maker of weed killer round up which contains life a site in the 1st handful of those cases to go to court juries found in favor. of

those who claim the chemical gave them cancer and awarded them huge compensation payouts despite by a saying there's no scientific evidence linking life to sate and the disease we've been just last week a $2000000000.00 award to a california couple was reduced by more than 95 percent by a judge who said the jury had overstepped the mark but with further compensation awards in the millions likely buyer may have to brace itself financial figures published on tuesday show a 50 percent drop in profits for the 2nd quarter of this year buyers suffering as a result of trade conflicts and farm floating in the u.s. even before the glyphosate payments begin disappointing figures also from look tongue the airline has seen net profits dropped by 70 percent of the past year the german and has published its financial results for the 3 months to do and they show it to make 220 $6000000.00 euros company so a 4 percent rise in sales during the quarter but it continues to suffer as

a result of rising fuel prices and the price of war among europe's airlines. for more let's cross over now to financial market correspondent panday at the frankfurt stock exchange as it or so to the german players there both with disappointing results i was all of that going down on the floor. that morning as you would expect both down the biggest drags on the dax that's behind me you can see how knows how it is nosedived is 18400 cases so by and that's an insane crazy it's about time somebody from buying management should come out and publicly acknowledge that yes we made a mistake we underestimated the legal costs of one son to perhaps it's all to do with the fact with the legal cases arising it's to do with the fact that the many other painters who must be thinking that perhaps now by a could go in for settlement and they could rake in the more like there so that's why the numbers could have potentially gone up now as far as the times is concerned

is the same old story we did see yesterday with ryan there also david price was an overcapacity in europe. also feeling the heat of low price war low prices it's been dry and there for that and ryanair blames the tons of for keeping prices low in this key german market ok they've both found their skates scapegoats but of course the problems. that they complain about won't go away any time soon so what's next for loved ones have been. absolutely not in fact have tons or has warned of times going to head this year the problems are likely to persist the price wars are likely to continue running out has made no secret that it is going to get done fares to actually price old vehicle company to us and in a weird reduce overcapacity in europe and also the fact that there is going to be uncertainty related to breaks and that's weighing down on the airlines across europe not only vanir all of tons and also the fact that it is

a very fragmented market there is a lot of overcapacity and it's high time that there is some sort of consolidation here the right time ship responded a reporting for us from the frankfurt stock exchange thank you so much. and here's a look now at some of the other business stories making news. revenues at china's telecoms maker who are way jumped by 23 percent in the 1st half of the year the rise comes despite being placed on the u.s. blacklist in a chill way won't it could still face difficulties selling handsets and equipment. u.s. financial service company capital one says the personal information of more than 100000000 people was stolen during a cyber attack the data included the names addresses and phone numbers of credit card applicants in canada and the u.s. it's announced a follows the or the announcement follows the arrest of a suspect on monday. investors have taken 5 big banks to court in britain

barclays j.p. morgan or royal bank of scotland u.b.s. and citigroup being a suit over allegations they rigged the global foreign exchange market the claim is to make it to be worth more than 1000000000 euros was filed at the competition appeal tribunal on monday. alternative meat products company beyond me to saw its 2nd quarter revenue break passed estimates to more than $67000000.00 that's $15000000.00 more than analysts a dissipated u.s. company expects full year revenue to grow 170 percent to $240000000.00. a new round of trade negotiations between the u.s. and china is getting underway in shanghai it's the 1st face to face discussion since to go see actions collapsed in ne washington and beijing house of a hit each other with punitive tariffs covering more than $360000000000.00 in 2 way trade the u.s. accuses china of unfair business practices including staffed of intellectual property

a few days ago trump threatened to pull recognition of china's developing nation status of the world trade organization prompting an irritable reply from beijing about the arrogance and selfishness of the u.s. . well for more on the. fresh round of us china trade negotiations i'm joined by richard mcgregor senior fellow at the institute in a sydney good to have you with us and i understand that you know the political scene in china very well you've written a book about chinese premier pain and the tone between the 2 sides is not exactly friendly these days what's at stake for she and his leadership. well i think she and the rest of the chinese leadership have come to conclusion that it's not really worth they go sharing their earnestly with donald trump because they realize if they make any concessions they make a deal it we back to something more a couple of weeks later so i think. a much sterner approach a much stricter approach remarks tougher approach to negotiations now got

a bottom line which they're very clear about they're not going to give any concessions to the u.s. unless the u.s. removes all tariffs so i think all in all see jim ping is realize that he can't give too much away to donald trump because it would hurt him but. so what exactly is china's negotiating tragic strategy because a prolonged trade war certainly count in either side's interest. well it's not but i think china realizes that's what it's going to get and so i think they're settling in now for a long trade war they're not nearly as exposed to the u.s. as the market as they once were they're not nearly as reliant on export exports as they once were about i think china is hurting it's chinese private companies which the exporters are hurting most china sort of the premier technology company way is also under a lot of pressure but i don't think china thinks it will get much by giving way

a way to the u.s. so they're really settling in for a long term battle is there any significance of the fact that trade negotiations this time take place in shanghai and not in beijing. look i just think it's a little bit of binah theater a sideshow if you like. you know perhaps it's a recognition that we won't get a big deal because there wouldn't be a big deal signed that would be in beijing perhaps it's also recognition maps china's that goes here in spain this changing as well previously it was the vice premier your who was in charge now we have a vice minister of commerce is considered to be a much harder line negotiator sitting a star alongside mr beale so i think it's it doesn't tell you much you know the fact that we don't have such low expectations in these negotiations is what sort of makes people think that shanghai is interesting all right so obviously low

expectations means we can't get disappointed there richard mcgregor senior fellow at the institute in sydney thank you so much for your time and your insights. belgium is a big could be a producing country but you can also only brew it's much b.s. there are a bottle sent that's proving to be a bit of a problem some top dried up corporate everything seems to be running smoothly of the family owned brewery to have a modern burger but recently priya production here has been faltering. master brewer nester is experiencing a very specific supply problem if. there is a shortage of empties bottles in crates for the last 2 weeks the night shift hasn't been able to work because we don't have enough bottles. could be a bottle bottleneck is rattling nerves that many of belgians breweries demand for belgian beer is rising from year to year especially in summer when people are even

more thirsty to satisfy it the breweries need to have enough empty bottles to fill in customers who lose no time in returning their empties and can't always be counted on to do that. it's as summer gets underway people tend to hang on to them then they buy more beer and soft drinks and the customers do tend to return their empties there's a deposit on them but sometimes it takes a while to try to even just breweries across europe know that so much time is always crunch time but belgian brewers especially are often left high and dry when it all new hope we are europe's biggest beer export in country even export more than the netherlands or germany that has an effect i suppose you will because when you export glass bottles it takes longer for the empties to come back or maybe they don't come back at all. we have. one solution would be to buy a new bottles of wine and mineral water produces also need more bottles in some

glass producers are unable to keep up with overall demand that's even got a few brewery starting to think about alternatives and customers aren't exactly thrilled at the thought. of course i won't even consider the thought of plastic bottles of beer in a kid as something you can accept in the summer and it does appear belongs in glass bottles as far as i'm concerned. leaving only the fervent hope that customers will take heed of the need for how the man has launched a social media appeal urging b.-l. of us to return their empties as soon as possible so they can keep quenching their thirst for the rest of the summer. and that's your business update on thanks for watching.

because time to take one step further and face the possible. tough. fight for the trusts. and. it's time for. coming up ahead.

with horses. any time anywhere. welcome to the news from the world of arts and culture i'm robin merrill we're going to be looking at aqua tech techs who specialize in houses on the water also coming up in our continuing series $100.00 german must reads a wannabe writer spirals into drug addiction. and

seeing the world through the unique perspective a british photographer caught in. the u.s. . yeah. many people dream of living on the water here in europe that tends to mean a come out toss something similar but how about a real house with almost kongs and and up stairs and down stairs of course the experts at living on the water the dots we've been to a housing complex in amsterdam that float on the homes are environmentally friendly as wow. living on water in the city center one day more than 100 people will live on the side canal in amsterdam. mako street and his wife yvonne from suffolk are among the 1st residents.

to this latest food it's a different way of life here the more this way and the water's parkinson reflect.