you know when you've got call you tomorrow for. this of car you don't need to keep a grave. for over the next one home the 4th time for the most recently that he claimed that was the bottom of the ballet that the announcing dragon was word has called the whole truth. the truth of technology. market.

is made in germany. your business magazine. and unprecedented scandal leads to a historic legal event close to half a 1000000 and these will drivers take far flung to court over the vulgate it's germany's 1st ever class actions file lawsuit. also on the show plans to take office sharing pharma we worked public failed to work out. and blooming business and you've gone dog a german family enterprise is growing flowers there for a budding global market. i'm to know the model in berlin welcome to the latest in

business news. is in court in germany is the very 1st class action lawsuit the civil compensation claims relate to the devil scandal the court will have to consider if vehicle owners suffered damage from the emissions cheating software itself or from subsequent bans which other courts have imposed on driving older diesels around 470000 car owners have joined forces in what could end with a multi-billion euro verdict against folks. a congress center in the western german city of branch has been converted into a courtroom to allow for the large number of plaintiffs they're seeking compensation over a v.w. is rigging of diesel emissions tests for years v.w. sold diesel cars a quick but software to cheat on emissions tests these devices give lower emissions readings during lab tests than the cars actual exhaust pollution levels.

this is a historic class action lawsuit we will see if the court establishes clearly that folks 5 i'm deliberately and unethically harmed millions of people and that's what we want to find out we believe it was fraud and we will see if the court today gives indications of which way we are heading towards i mean something outside to get investors to dispute. many plaintiffs are especially angry that a year after the diesel gate scandal broke in 2015 b.w. settled for $25000000000.00 in the united states and other countries the other refuses to settle with german customers owners here argue they face a potential road ban by municipal transport authorities on have suffered drastic losses in resale values b.w. sees it differently. one of goals is to make it clear that consumers did not suffer any damage as it appears the coach shares this view at least to some extent made it clear that damage is one of the most problematic questions in this trial as. well

it's not disputed the w. sold cars that did not meet the emissions standards claimed in its brochures the judges have to assess whether buyers suffered and he kind of quantifiable loss as a result of that we could take years to reach a final verdict. the office sharing firm we work has withdrawn its initial public offering and september the new york based company postponed its i.p.o. following concern from prospective investors they were worried about its widening losses and the unusually firm grip held by founder adam newman he was deposed as c.e.o. last week but that wasn't enough to rescue the share sale. for more i'm joined by his fellow a day haro on wall street. is this the end of a long and somewhat weird story around we were where does we work out from here. not sure yet you know let's not forget there is the still dead vacuum from bad

disease a clear example by management and terrible corporate governance it's why we were expounder out and human has been ousted as c.e.o. d. i.p.o. canceled and the new people in charge for months now make difficult decisions among them are probably thousands of people fired and dressed and carrying cold gold an hour days of nonstop partying and big paydays dreaming of getting we work to become a $100000000000.00 company after cancelling the its i.p.o. we worked in urgent need for cash the end of it june the company had the wrong $2500000000.00 but it burns around $700000000.00 per quarter so you do them out of the window of an injection of capital of the company who would end up at kushner's in 2020 now if that isn't a disaster i don't know what is but what does this mean for this larger trend we've seen of investor appetite for unprofitable unicorn's. basically

the. pays a gentle and it we work you see is that people d.i.'s very last week for example and cancel its i.p.o. as evaluation deflated rapidly shares tumble 11 percent in the company's a market to bude. a so-called unicorn d s year earlier do small shares of a small direct like around 28 percent on his debut towards a one so far this year for a company of over $1000000000.00 seen the private market uber moved to the place spotted with a loss of 7.6 percent on the shares my always valued colleague luis de harlow there thank you very much. chinese consumers are cutting back on a beloved staple after park prices nearly doubled that's the result of a shortage caused by an outbreak of african swine fever beijing is now taking steps

to keep park becoming prohibitively pricey. chinese consumers are hoping to bag a bargain before the country's national day celebrations but an outbreak of african swine fever has put a damper on the food heavy festivities more than 100000000 chinese pigs have been lost to the virus depressing the nation's pork supply and sending the proteins price skyrocketing beijing shoppers are still stocking up on the country's favorite meat but high prices are leaving a bad taste in some consumers miles telling me the side by the market almost every week sometimes when the price is good i'll buy more to put into the fridge took place there now it's become very expensive and i only buy what i need it doesn't make sense to buy too much pork i'm expecting the price to drop by the birth of a pork is $1.00 of china's most important foodstuffs with more poor planning on chinese tables each year than poultry beat and mutton combined the country is also

responsible for more than a quarter of global meat consumption china's government has released $30000.00 tons of frozen pork from the reserves to supermarkets the move has helped keep the proteins price from rising further at least in the country's capital were wary customers are substituting their pork purchases with alternative options. in the past i like to buy pork ribs and phyllis. see the end of the prices or else i started to eat more chicken and beef true show will see the kind that can go to not go punditry. you were not. china may soon have to increase its imports of foreign pork following a drop in domestic pork production a development that could be. european export. monday was the last chance for kenyans to swap their old $1000.00 chilling banknotes for

a new one a 1000 shillings is worth about 10 us dollars the new edition has been circulating since the beginning of june the idea was to flush out dirty money by being courted by tax evaders crooked business ben and criminal groups those who had large stashes of the old know it's have to prove their legal origin that's for some to get creative one man reported as counting out thousands of the old notes to buy a lottery mercedes last week. now german companies tend to be wary of investing in africa citing a range of hurdles from corruption to infrastructure but one family owned business has found success in uganda up cultivating flowers on the shores of lake victoria the company has built a growing business which is now exploiting all over the world. they may be a sea of green now but after a few months just in time for christmas these stems will be topped with rich red flowers jovian on sukkot works at this farm in uganda preparing cuttings for the

long journey to europe she's happy the job is providing her with a steady income. and way more to pay school fees for my children and one more parent. this is the wagga guy flower farm the huge area sitting directly on lake victoria here german companies select a one is producing plants for export and they're not the only international player here he sed africa is valued by many as a location for flower production salaries are lower here in the climate is ideal but flower production in africa does have its problems there are accusations that too much pesticide is often used for production manager wilson says that's not the case we have money goes in the fruit. with dreams very much to use. with a broken record and. with chemicals that we that we we have. kind of chemicals that we are using in this in this company are all there come the chemicals that are been

listed and i've been approved by the european union. from uganda to stuttgart the headquarters of select to one of the twin brothers nielsen pair clem are the 3rd generation to run the family business in stuttgart the seedlings from uganda planted in the soil to take root the claims are often asked whether he wouldn't be more environmentally friendly to just do all the cultivating here. because you don't have to artificially heat in africa and basically you have an incredibly high growth per area it's actually the case that production there has an ecologically lower c o 2 footprint than if the cuttings were produced here. with wife with a populist i think they're sticking by so many reports. the stood guard headquarters is mainly used for developing and planning next year a new office is being opened in ethiopia according to the entrepreneurs the cost

pressure in the industry is enormous making the lower wages in east africa a major boon in africa we produce in east africa because the unit costs and the wages we pay for them fit well together and we also have enough manpower available it's the only way we can still be successful in the market and it's the only way we can sell our product at all that's going to put a market walked upsets and going. with sales increasing even in china they claim twins are proud of a company that's gone from humble beginnings to one that's growing around the world . the thanks for watching.

the law. they're striving for reconciliation and the rebuilding of their young nation the people because of a war widow founds a successful company. an artist realizes his dream and a journalist fights persistent prejudice. bold new perspectives. 20 years after the war. 60 minutes.

to her. good yourself. or your. good friend miss out. carefully. the soon. to be. discovered. the book. june documentary on. that. low middle and i'm just going to brand new delusion by on this post it's personal

it's divisive it's about topics that affects us all a lot of pollution climate change the channel any. polling results check out. this is t.v. news africa coming up in the next 15 minutes national dialogue in camera week long talks to end the separatist crisis kicked off today but key stakeholders is the boy cause it is the exercise tuesday and what's at stake. we get it right this country is back on track but we get to drawing this country might fall off the precipice so we really don't have much of a choice we've got to get it right and that's what this is all about.