on the job believe because the study say that by and will become the 1st german team to play it tottenham's new stadium it cost more than a $1000000000.00 euros to build the 2 strike is set to grace its pitch up priceless . you're watching news live from berlin after a short break a documentary film young americans fighting against in the meantime of course there's always more news at our web site that's d.w. dot com an elementary help it's watched. literature invites us to see people in particular. some time. to. do 3 books on you to.

when your family scattered across the globe. who deserves to do it to do this to pull. our troops we should get a minimum of the. charge from away from somalia live around the world. want to go to the urgent assistance of. starts october any on. an unprecedented down don't lead to a historic legal event a half a 1000000 diesel drivers pay for take parts back into court over do you know again it's germany's 1st ever class action lawsuit. also on the show for plans to take off and sharing we work public failed to work out. china tapped into strategic pork reserves as the shortage pushes prices up. and the collapse of

british travel giant puts gambians through tourism sector under serious pressure. and in berlin welcome to the latest and business news. is in court and germany's very 1st class action lawsuit the civil compensation claims relate to the diesel scandal the court will have to consider if vehicle owners suffered damage from the emissions that cheating software itself or from subsequent driving bags that other courts have imposed on older diesels. around 470000 car owners have joined forces in what could end with a multi-billion euro verdict against folks logon to congress center in the western german city of brunswick has been converted into a court room 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 gave lower emissions readings during lab tests than the cars actual exhaust pollution levels as it's. the most of this is an historic class action lawsuit. today the court establishes clearly that boats are going to deliberately unethically harmed millions of people . 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. outside 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 bond by municipal transport authorities and have suffered drastic losses in resale values b.w. sees it differently. for the reason we continue one of our main goals is to make

clear customers did not suffer any damages so it appears the court shares this view at least to some extent it made clear that damages are one of the most problematic questions in this trial as. well it's not disputed the fee w. sold cars that did not meet the emissions standards claimed in its brochures the judges have to assess whether buyers suffered any kind of quantifiable loss as a result of that we could take years to reach a final verdict. they offer sharing firm we work has withdrawn its initial public offering in september the new york based company plus bowing to 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 he all last week but that wasn't enough to rescue the share sale. for more i'm joined by his fellow isa de haro on wall street. is this the end of

a long and somewhat weird story around we were where does we we're go from here. not sure yet you know let's not forget there is the still dead vacuum from disease a clear example but management and terrible corporate governance is why we were expounder out and human has been ousted as c.e.o. de i.p.o. canceled and the new people in charge of months now make difficult decisions among them are probably thousands of people fired and drastically cutting code golden hour days of nonstop partying and big paydays dreaming of getting we work to become a $100000000000.00 company after cancelling the 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 dollars per quarter so you do the mother with all the injection of capito 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 that we were. very glass weak for example and cancel its i.p.o. as a violation deflated rapidly and 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 our company over $1000000000.00 seeing the private market uber move to the 3rd place spot it with a loss of 7.6 percent on each shares my always valued colleague luis de harlow there thank you very much. chinese consumers are cutting back on

a beloved staple after pork prices nearly doubled that's the result of a shortage caused by an outbreak of african swine fever ageing is now taking steps to keep pork 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 buyers depressing the nation's pork supply and sending the proteins prices 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 like telling me the site at work 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 then going to be

pork is $1.00 of china's most important foodstuffs with more pork mining on chinese tables each year than poultry beef 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 prizes or else i started to eat more chicken and beef true shall we go see the kind that can't go out all night bill bunbury the sure you were all right china may soon have to increase its imports of foreign pork following a drop in domestic pork production

a development that could benefit. european exporters. monday was the last chance for kenyans to swap their old $1000.00 shilling banknotes for new ones a 1000 shillings as worth about 10 u.s. dollars the new edition had has been circulating since the beginning of june the idea was to flush out dirty money being boarded by tax evaders crooked businessmen and criminal groups those with large batches of the old know it's have to prove their legal origin that's for some to get creative $1.00 man reported as counting out thousands of the old not to buy a luxury mercedes only last week. to a sector is reeling after british travel operator thomas go bankrupt a week ago as the season there begins hotel owners are trying desperately to cut their losses the holiday firm was one of the largest tourist operators in the small west african country as government says it brought in over 40 percent of the country's tourists. the tourist season is only

a month away in gambia normally that would mean hotels would soon be bursting with british holiday makers but the recent collapse of thomas cook has put that in doubt hotel e.a.'s could only look on as their key source of custom disappeared. thomas cook. brings in about $57000.00 clients to discount. and that constitutes about 40 percent of the dishes this are numbers to this country so it is something that did not go down well with. not only the put his input on it but because of his 2 great effects to the economy of the country more u.k. tourists arrive in gambia shores than from any other country without thomas cook's help the gambia hotel association says it will have to find alternative ways to bring brits to the beaches otherwise hotel owners will have to make tough choices

if you set a schoolhouse continues we would close one of our hotels. that we were building. should have opened in december. because we have to show how we can feel. the gambian government has organized to emergency meetings aimed at finding solutions before november when the tourists had been due to arrive. and thing with the bankruptcy of travel company thought muskoka it's emerge that customers may have to wait longer than expected to get their money back britain's aviation regulator says the company has failed to provide all the information it needs to refund holiday makers as a result affected customers may need to wait at least 2 months before their claims can be processed hundreds of thousands of travelers were left stranded after the firm collapsed last week. eurozone unemployment has fallen to its

lowest level in more than a decade that he used to to 6 office says unemployment in the 19 countries but the euro dipped slightly to 7.4 percent that's the lowest since may 2008 but the labor market situation differs sharply between the member states germany has the lowest unemployment rate at 3 point one percent at the other end of the scale greece is dealing with joblessness of 17 percent. and that's it for me and the b. w. there's a theme here and berlin for more you can always go to the a w dot com slash business thank you very much for watching.

their striving for reconciliation and the rebuilding of their young nation the people of kosovo a war widow founds a successful company. an artist and realizes his dream and a journalist bites persistent prejudice. old ones new perspective kosovo 20 years after the war. close up next.

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