and worries mounted by a german chemicals concern warns thousands of new cancer lawsuits around the weight of which controversial will kill it. then fizzle and let's do business the chairman of china's while way says business is robust as ever the sponsor giant has surprisingly posed a double digit sales growth in the 1st half of the year that's despite u.s. efforts to cut off from global supply chains but executives admit those sanctions will bring further challenges in the coming months. in the 1st half while way sold 118000000 smartphones of more than a quarter on the previous year analysts say the growth was mostly due to the strong domestic market always market share in china reached a record 38 percent cause for confidence for the company's management. honestly while way has been somewhat disturbed by the us negative list funds are

valid but the owner for impact is definitely manageable that's a go offline we are quits and go. well way is at the center of the year long u.s. china trade conflict donald trump placed the company on a blacklist in may which restricted access to u.s. technology and to the american market. while way did not reveal what impact this band had on its bottom line. conan is following this story for us as we heard there while he was blacklisted until may so how telling are these as well i think they're quite surprising given that we were expecting to be a lot worse and the head of huawei the founder of himself warned it could hit $25.00 make a $25000000000.00 hole in the figures i think it's yes we have we've had a few months before the before the blacklist came in on t.v. they did very well but there's also signs that consumers kind of rallied around particularly in the home market right and they and they really started buying

weiwei phones talking about the domestic market is way winning because it's been managing to even market its own phones as the back and forwards on the blacklist and the phones that some consumers around the world can get their hands on yeah it's actually managed to overtake the 4 main competitors the domestic competitors as well who are doing very well before this they seem to have really pulled out the stops on the marketing front and also in terms of marketing the company's brand they've almost they've taken the blacklisting and almost use it as a badge of honor in terms of dealing with markets where the u.s. might not be the most favored country and they seem to have played the game very very cleverly of course while ways and just about making devices it's also got major 5 g. contracts around the world and and that's something that u.s. was trying to trying to put a stop to that's right i mean to 2 thirds of all the of all the contracts are going to are for $500.00 lost in the period which is astonishing amount

so clearly this is a big growth area for them and all the warnings that president trump was giving about the security risks and everything don't appear to have adonia of how much of an impact but what about further down the road because it sounds like it's going to be business as usual this trade war is going to continue and executives at weiwei do sound jittery here. they do i mean i think the big problem for them has been. the fact that. we don't know what direction the trade war is going so until now they've been presented as a national champion the chinese market has been able to rally behind it but it does need the international business and we still do have these warnings ringing in our ears about how they could hit the bottom line and indeed the executives themselves today warned that it could if they could be in line for some just difficulties even though they say they're manageable but there's still difficulties and it wasn't

always this way but it has become v. one company at the center of this entire trade war yeah it's kind of become the symbol almost of the trade war and i mean it's not even that long ago since. joe the c.f.o. and daughter agenda was arrested in common. with a view to extradite her to the u.s. that's still to come we've got all these issues that are still don't resolved so even though it's put in a very positive performance i so this is a lot of things outstanding that it needs to deal with a lot of unknowns and who knows where this could lead clipper couldn't thank you very much for coming. well the flashy corporate results from weiwei come as top american and chinese trade officials made in shanghai trying to brazil's their yearlong tariff conflicts but analysts don't see a quick fix you as president donald trump is taking to twitter warning china not to wait to do a trade deal he wrote my team is negotiating with them now but they always change

the deal in the end to their benefit. after months of deadlock the u.s. delegation has arrived in china's financial capital shanghai trade representative robert litan eyes are on treasury secretary stephen nugent are due to spend the next 2 days around a table with chinese vice premier her trying to find a deal the 2 sides however are as far apart as ever the u.s. is pushing for an end to unfair practices as donald trump likes to describe china's economic policies these policies include billions of subsidies which keep chinese prices artificially low for its part china wants a deal where both sides make concessions. so far the u.s. has imposed customs duties on chinese goods valued at $250000000000.00 china has responded with tariffs on $110000000000.00 worth of goods and all $360000000000.00 worth of merchandise is affected by the trade dispute. to avoid further escalation

trump and chinese president xi jinping agreed to a form of cease fire at the osaka g 20 in june however heading into this round of talks there is little sign of agreement from either side. we spoke to china expert richard mcgregor and i asked him how likely it is that china will back down. i think they're settling in now for a long trade war they're not nearly as exposed to the us 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 premie our technology company our way is also under a lot of pressure but i don't think china thinks it will get much by giving away a way to the u.s. so they're really settling in for a long term battle turkish finance minister bet on by iraq says he expects schopper interest rate cuts from the central bank claim such moves will bring down inflation

many investors worry about the independence of turkey central bank finance minister is the son in law or of president branch of thai a better one who's pushed for lower interest rates to jumpstart the economy alice say lowering interest rates to fight inflation makes little sense the turkish lira weaken slightly after about ox comments. by a has revealed it's now facing over 18000 legal cases in the u.s. over a hope a side that's alleged to cause cancer it was a risk the german chemicals firm took when buying its american rival monsanto which produces the weed killer now biases it's unlikely to achieve this year's profit goal. it's been the subject of protests around the world in recent years the heaviside life is eighty's causing by a major headache but thousands of people in the u.s. say the effect of the chemical for them has been even worse a wave of lawsuits has fallen on buyers since its $63000000000.00 takeover of

monsanto the maker of weed killer round of which contains glyphosate 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 riaa saying there's no scientific evidence linking life's a top with the disease just last week a $2000000000.00 award to a californian couple was reduced by more than 95 percent by a judge who set the jury had overstepped the mark but with further compensation awards in the millions likely by may have to brace itself financial figures published on tuesday show a 50 percent drop in profits for the 2nd quarter of this year fire is suffering as a result of trade conflicts and farm flooding in the u.s. even before that life is a pants again. let's bring in our to toss funday our financial correspondent in frankfurt to talk about buyer bracing itself now by is always argued that monsanto

would be a good long term bet is it just going to be a case of riding out the storm. well ben in the ad is by i would be hoping that this job losses by sooner rather than and later $18400.00 legal cases potentially billions of dollars in penalties i mean this is insane crazy it's about time somebody from buying management comes out and says look we've made a mistake we underestimated the cost of buying $1.00 son 2 billions of dollars have all you mean why don't of. vibe out of this company and it is now valued at less than what it paid for monsanto that is $66000000000.00 ok that's going to hurt but let me bring you back to the long term effects you could could this take of it does it have the potential to actually destroy a buyer eventually. well i wouldn't good bad far because

believe it or not by a still has it owned up which is still the most popular killer in the world it is investing $5000000000.00 to come up with an alternative to that the pharmaceutical business is doing. reasonably well so i wouldn't say that it is going to destroy but it is high time that it comes out and clarifies a strategy as far as dealing with these legal cases a concern they have been sold in hence there because it has hired a lawyer who is an expert at dealing settlements and negotiating settlements but have said that's a change in strategy but that also means that there will be so many other painters who will be coming on board to take in the more law expecting that eventually by is going to settle well let's hope management is listening to our financial correspondent in frankfurt thank you. mo co-producer seeing net profits drop by 70 percent of the past year german

airline has published its financial results for the 3 months june issue of made 226000000 euros the company's saw or 4 percent rise in sales during the quarter but it continues to suffer as a result of rising fuel prices and the price for among europe's a lot. and police in india the search for one of the country's richest men offices a there are growing concerns for the safety of v.j. sit down to find café coffee day he was last seen walking across a bridge and didn't return to the authorities so that became known as india's coffee king after establishing the chain which has built in 1700 outlets. nice in business with you it's.

calm. me. down some. yes. some yes it's a kind of culture walk the mill some mia phenomena in the bush family i'm only able to it. w n a. he takes it personally i went with all the wonderful people in stories that make the game so special. for all true fans my.

pick up more than football on line. robots because they're still in the development phase of certain what's going to happen when they grow up. will shamans and machine screen able to peacefully co-exist or are we on the verge over the lips if we just bumble into this totally unprepared with our heads in the sand fusing to think about what could go wrong then let's face it it's probably going to be the biggest mistake in human history. artificial intelligence is now spreading through our society is this the beginning of a good in digital. form the be subjected to continuous stream surveillance. well experts be able to agree on the guidelines or will this technology create deadly new autonomous weapon systems.

types or robot collects starts august 14th on d w. play. play. play. play. this is due to a news life from berlin pending we're spawn's the u.s. calls on european allies to join a naval security mission in the persian gulf washington makes a formal request to germany france and britain to secure the strait of hormuz berlin is cautious saying an international approach to solving the crisis is essential also coming up rats and roaches.