modernizing a key part of the earth's environment. made in germany in 16 t.w. . literature invites us to see people in particular. find. mike. brooks on you tube. what's next for u.s. trade in the midst of a terrorist dispute with china president trump says a deal with the chinese government could be closed while announcing a fresh trade deal with japan. also on the show despite months of fun rest in hong kong brewing giant aig prepares for an i.p.o.

there that many consider a vote of confidence. and shoemakers in spain brace for breakfast it is exports to the united kingdom are already feeling the pinch. it's time for business on d w m how you don't hear us welcome to the program we begin with a series of announcements by the u.s. government that could shake up the country's commercial ties to asia u.s. president donald trump said a new accord with china could be reached soon and put an end to the ongoing trade war the u.s. and china are set to resume negotiations later this month u.s. stock markets briefly jumped on the announcement this comes as the trump administration has also revealed a fresh trade agreement with japan where the specifics remain under lock and key both sides have confirmed that they are on the path to finalizing a trade agreement later this month. china's tech giant huawei has been one of the most frequently name to mention names when it comes to the trade

dispute between china and the u.s. washington accuses the company of spying and has prohibited american companies like google to cooperate with it while you are way denies the allegations it has understood that it will have to make things work without u.s. partners this week while we will introduce its new smartphone and munich the 1st one without google android. once upon a time it was a company little known outside of china now huawei is widely recognized as the tech giant on the frontlines of a dispute between the world's 2 largest economies consumers may see it primarily as a smartphone maker it's the 2nd largest in the world after some song but within the telecommunications sector the company is known primarily for its prowess in 5 g. the next generation of super speedy highly reactive mobile networking. it's 5 g. technology that's raised the company's profile internationally 45 of the world's 50

biggest phone carriers use its network equipment but many countries most notably the united states don't trust walk away accusing us of being controlled by the chinese government and of using its technology for spying back in may this mistrust prompted washington to ban american companies including tech titans like google from operating with the firm the real impact that the u.s. ban is going to have i think will be on the software side. can be a global smart behemoths if it does not have access to the android operating system not because of the operating system itself but because of the out that are in the operating system no one's going to spend money to buy a premium quality phone if it is doesn't have you know maps you tube google play for the u.s. has also made for a way increasingly determined to become more self-reliant last year it spent

15000000000 dollars on research and development more than both apple and microsoft in august the company released a 5 g.'s smart phone that uses its own chips instead of versions made by qualcomm or intel. now the major advantage we have is huawei is that we make all the bits that go in there we have our own troops at manufacturing that makes all of the trips that go in each of these components we are not dependent on any other company on any other country to be able to produce all of this for if the equipment we can make it all ourselves we can make it all ourselves a poignant rallying cry from a company that finds itself in the middle of a trade spot that has seen the world's 2 biggest economies turn ever more towards protectionism. to. another major player but now in the beverage industry brewing giant bush in benefice preparing for its 2nd attempt to spin off its asian

business in hong kong if successful the i.p.o. on wednesday could be the 2nd largest this year raising up to $6600000000.00 it could also be a positive sign for investors in hong kong after months of anti-government protests other companies like china have delayed public listings in hong kong i'm at the un . hong kong hasn't exactly been bubbling over with good news for investors as of late. but that may be about to change. the world's largest brewer aby invest wants to take its asian branch e.p.a. seed public their. use and the man overseeing the i.p.o. is confident despite the turbulence of recent weeks yeah i mean theoretically of course it is possible to do. market conditions but we are quite cold fronts the investor interest is there but investors confidence in hong kong

has started to go flat trade volumes are down over fears recent protests could further escalate. but so far a.v. imbeds business hasn't been affected. and sales of its core brands budweiser corona and becks remain solid. worldwide sales are also up 2 point one percent the highest mark in recent years. the brew meisters and a.b. imbed hope to raise around $5000000000.00 in the i.p.o. a sovereign wealth fund from singapore is reportedly looking to pick up around $1000000000.00 of the stock which could help put some shoes back into the hong kong market. oil has been on a roller coaster after last weekend's attacks on a saudi oil production facility sent prices to levels not seen in almost 30 years but there may be relief on the way saudi arabia's energy minister says his country's production numbers will be back up to priya tax levels by the end of the month meanwhile the price of brant crude relaxed for monday's highs it's down

around 5 percent on tuesday to just over 65 dollars a barrel. we stay in the middle east but in an economically less powerful country 8 years of civil war have crushed the syrian currency back in 2011 you paid 50 syrian pounds for one u.s. dollar today the official exchange rate is somewhere around $215.00 syrian pounds to a dollar but money is scarce pushing up prices on the black market to the crash against major currencies has made doing business in the warren torn country a huge challenge surrounded by the scent of his spices mohammed's arco is growing more desperate by the day he knows when he lies down to sleep in the evening that prices will have changed by the time he wakes up. in the variation of the exchange rate means that when i want to buy 50 kilograms of this or that product i lose 10 kilograms and i'm only able to buy 40 kilograms for the

same price there's no stability so it's smart to wait a bit to buy but if you wait your store slowly empties out. the syrian pound has also been hammered by the relentless years of war the sanctions in place against the assad regime and civilians transferring money out of the country on mass throughout the conflict on the black market a dollar now costs around $650.00 syrian pounds 13 times its price 8 years ago. the value of the dollar is increasing all the time prices change every hour so the customer who came yesterday and bought something at such and such a price can come back today and have to pay more for the same thing so everything is growing more expensive including necessities like food many syrians know who are dollars hoping to shield themselves if their pound falls even further.

well the syrian pound is not the only one following these days when all the british pound is falling to it's about 6 more weeks until the united kingdom is set to leave the european union this means big trouble for some key u.k. trading partners like ireland that's also a cause for concern for certain industries that depend on exports to the u.k. and spain for example shoemakers are hoping for the best but already expecting the worst. whoever hot footed into this store in madrid probably isn't weighed down by money problems. ok or often a collaborative effort among famous designers cost around $150.00 euros they're pretty popular among european customers as shoes made in spain tend to be. spanish footwear exports the e.u. well worth close to 2000000000 euros last year. but the mean shoe game is about

to get meaner. and medics if there isn't the rex it presents a scenario of uncertainty for spanish footwear in 2018 the united kingdom was one of the main consumers of footwear made in spain but already in 29000 the exports to that country have reduced by 10 percent making the u.k. drop from the 4th to the 5th consumer position for spanish use in europe and it seems that trend is remaining that trend has meant no less than a 1000000 fewer pairs of spanish shoes sold to british customers but the country's famous footwear manufacturers are trying to keep their foot in the door. we advise companies to assess the risks that wrecks it implies the consequences in customs such as the imposition of tariffs or to pay v.a. t. in advance of the consequences that they may be in the supply chain such as delays in deliveries and to anticipate storage and then the financial risk such as the devaluation of the pound and the consequences that may happen consumption but

rather than simply waiting for the other shoe to drop the sector has made sure to enlarge its footprint in other markets stepping up exports to north america and asia. before we go a quick reminder of the top story we're following for you u.s. president donald trump has announced a trade deal with china could be reached soon u.s. markets briefly jumped on me. and that's all for this edition of the only business thank you very much for watching remember you can always stay up to date with the latest business headlines on our web site as d.w. dot com slash business or follow us on social media too next time take care of my.

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where is home. when your family is scattered across the globe. to listen to. the journey back to the roots gatlin of the. bush family from somalia live around the world to them one of them needed urgent assistance and their. family starts october 8th on d w. i there and welcome to news from the world of arts and culture winners of this year's premium impending allen known as the nobel prize for the arts were announced on tuesday and there's a german in the mix so we'll hear more about that and also feature these stories. good night stories for rebel girls 100 tales of extraordinary women is

a bestseller in over 40 countries and one of its authors francesca cavallo will join me in the studio. and connecting afro futures an exhibition of museums for decorative arts is dedicated to the complex and verse of tile world of african hair and fashion design. well since $989.00 the premium impaired the ana has ordered exceptional talents and lifetime achievement in the categories of painting sculpture architecture music and theater and film and initiative all of the japanese royal family the prize comes with a cash purse of 126000 euros and this year german violinist m is a few motor is among the 5 winners. i'm not the highlight of

a stunning korea is announced winner of the prestigious premium imperioli award in recognition of her life's work as one of the world's most celebrated by.