Skip to main content

tv   Business  Deutsche Welle  October 4, 2019 1:30am-1:46am CEST

1:30 am
it is report on the condition of our oceans we'll see what he said. in 60 minutes t.w. . much of it coming. from africa. we're going to exception stories and discussion. of easy to our website d w 2 comes not to join or some free spoke. from the guys to the dinner table a transatlantic trade dispute over a plane subsidies has the us going after french wine and european cheeses and they may respond with its own duties on items like american cat. and u.s. investors see the good and the bad news you get the word on wall street. feeding
1:31 am
the traffic by flying over it for a long shows a helicopter service and new york city. the u.s. china trade for it has a surprise a winner and that's mexico to tell you why. and all aboard a major boost for germany shipping sector as a chinese cruise market returns to growth this is the w. business i'm joined now the milan in berlin welcome frozen fish handbags and catch up those are just some of the american products the e.u. is prepared to hit with new tariffs if the u.s. goes ahead with the ones it has planned what began as a fight over playmakers subsidies 15 years ago may drag on even longer. u.s. secretary of state michael paya was given a surprise welcome gift in rome a journalist handed him some parmesan cheese produced by italian farmers she asked
1:32 am
them to give president donald trump a slice before being led away by security. italian cheese is just one of the e.u. products that donald trump wants to slap new tariffs on. the list includes french wine spanish alos butter coffee scotch whiskey and many other items. 25 percent duties will drive up the prices of those products in the u.s. farmers in southern spain now fear for their livelihoods. those the united states is our main client outside the e.u. that is a market with high purchasing power with high demand for prestigious quality spanish products and if this is the case of all of oil and all of. the faith they let people know they may see. the new punitive terror so the result of a long dispute regarding subsidies given to european aircraft maker air bus the world trade organization ruled that the subsidies were unlawful and gave washington
1:33 am
the green light to impose 7 and a half $1000000000.00 of tariffs on e.u. imports but the e.u. is ready to retaliate and has announced tariffs were some $12000000000.00 in response to unlawful subsidies given to u.s. plane maker boeing the w t o is expected to announce the penalty for that in the coming months. and he and fair treat these a level playing field interest because. we will not be naive. but to be. really and to to i mean to be. and if someone is imposing our weaves on. we do exactly the same. the latest terrorist mean americans will now have to dig deeper into their pockets for e.u. products that's likely to trigger a sharp drop in sales and layoffs at companies producing their items.
1:34 am
a bit of call has now been restored to u.s. indices but a week services report released thursday caused anxiety among traders the institute for supply management said its non-manufacturing index slipped to a 3 year low more unwelcome news for investors given that the services sector accounts for more than 2 thirds of the u.s. economy stocks later recovered on hopes that signs of an economic slowdown would trigger more stimulus from the us federal reserve. yeah joins us now from wall street yes are the markets right to bet on further rate cuts. the likelihood of another rate cut has certainly increased at the last fed meeting in september the federal reserve said on one side that there is no pre-set course for further rate cuts but on the other side the federal reserve also said they will follow this situation and then act accordingly and knowledge just this week we got
1:35 am
those weak numbers from the service industry on thursday we got the week numbers on tuesday even weaker numbers from the manufacturing area we were waiting for the jobs report friday morning but the bets on wall street have increased the bets actually stand right now at about 90 percent there will be another rate cut by the end of october and that's what we saw on the market after the dow jones industrial average at some point was down by more than $300.00 points at the end of the session we saw an optic of $120.00 points or half a percent but how much comfort would more stimulus bring it if the thing that's causing or contributing to all that pain of the trade war keeps dragging on. well what's good for the markets does not necessarily mean that it's going to be good for the economy specially if you look what corporations for instance are doing
1:36 am
with all the cheap money they're not necessarily investing but they're buying their own stocks they're paying higher dividend so that's good for the stock market for share prices but not necessarily for the overall economy thank you youngs carter there on wall street for us. europe's top court has ruled that individual governments can order facebook to remove content determined to be illegal it's a landmark ruling if also controversial critics say the decision by the european court of justice infringes on free speech and could allow authoritarian regimes to block critical content even beyond their own borders the case behind the ruling concerned an austrian politician who sued facebook to have offensive comments removed from the site. to call it a connecting flight would be a stretch but has launched something like an aerial ferry to and from john f.
1:37 am
kennedy airport in new york city but will demand for the hoover copter ever get off the ground. many commuters and travelers have been turning to ride sharing companies to save money or for convenience now they can escape the gridlock on the ground by taking to the air uber technologies is hoping to fill a market niche in new york city with helicopter rides to and from john f. kennedy airport. you know we look at where there's demand we do a lot of trips to the airport from manhattan right now and so 'd we know there's a there's a lot of demand to get from manhattan to j.f.k. and and back both ways and so we think this is a perfect opportunity to really provide value to our riders in a way to get to j.f.k. even faster than they can now. claims the service is intended to reduce travel time but one reporter said a trip from midtown to the airport took 70 minutes including
1:38 am
a subway and then uber ride somewhere to the travel time for a car in moderate traffic. hopes its new service will help pave the way for guber air a taxi service of electric vertical takeoff and landing aircraft it will be able to operate on a wider range of routes with seamless connections between cars and helicopters. what we're focused on is what we do really well which is operations and technology and so creating the platform of this multi-modal service that connects you from you know the 1st mile car whatever that might be getting to the sky port in the future the help or now that flight portion and then the last part of it we're getting from that last mile border skyport to your final destination where the ones who can kind of pull all that together and we're uniquely positioned as mover to basically solve that really complex problem the helicopter service isn't for bargain hunters the roughly 8 minute flight will cost between 20225 dollars one way but that does
1:39 am
include ground transportation. an addition to that. after the ride healing platform also released a new app to connect businesses with temporary workers or work shows available shifts in a chosen region aiming at businesses trying to staff up during peak demand the app is only available in chicago at the moment but the launch comes faces of regulatory pressure on its main ride sharing business as well as strong competition. sensing opportunity and the rising popularity of cruises among chinese tourists some malaysian group in germany recently bought a raft of shipyards here to build big boats there but it's paying off. it may not look ship shape yet but you can already make out the best 20 decks this colossus will hold 9500 passengers will get around the long decks using walkways
1:40 am
and escalators the whole almost feels the dry dock is being built and. you have you all to do some to do we took up the whole of the drive dark with the 54 meters. that's the main challenge the sheer size and the amount of equipment that needs to be installed you know. it's taken around $60000.00 tons of steel 6 times as much as the eiffel tower everything is so much bigger than a traditional cruise ships including the cabins targeted a chinese customers and 4 people who often share a good. position on their already fitted they're a bit larger than normal cabins that's a characteristic of the ship overall but there's plenty of room in the cabinets that's an increase of hercules designers refer to a raft of chinese market research when fitting up the cabins they put in voice controlled equipment and variable lighting. for passengers who won t. noodles they hold water dispensers in the cordle's just like in china. the
1:41 am
installation of 3700 cabins is on a tight schedule construction set to begin the 2nd identical ship in december. the john cruise ship is due to set sail in the spring of 2021 to cater for chinese tastes it will make short 3 to 5 day trips over long distances with only brief stays online. and one of berlin's most famous landmarks has just turned 50 the $368.00 metres structure is germany's highest building and a major tourist site attracting around a 1000000 visitors every year they flock to a viewing platform and a restaurant but the tower is still mainly used for its original purpose broadcasting analog and digital t.v. and radio signals for dozens of stations. thanks for watching.
1:42 am
2 months. with its own gravitational pull. of the finest musical composition. with some mysteries.
1:43 am
don't do me that she was injured so don't tell me that you never showed. up for yourself and the jointer come up in the morning blame a. great deal of the suits abuse of your harness for. the problems cold. starts oct 11th on t.v. talk show enough. cozy view of the world. where i come from not all that glitters is gold it's just like with chinese food that's one measure of where i am it's always reminds me of home after decades of living in germany chinese food is one of the things i miss the most but that taking a step back i still see a little of difference minolta plenty of fluids 1st as american nations that exist the other part of the war haven't been implemented in china that's why you cannot
1:44 am
have china's people wondering if they're going to say that if you don't have a ride to another that is this is their job just under the law how i see it and that's why i love my job because i tired to do it exactly it is a great day my name is the uninsured and i work at it up you. 2 please. a life spent in opposition to the berlin wall total and german rock legend peter pan the focal critic of the division of germany. we caught up with him unlike with the peaceful revolution against the east german
1:45 am
regime began in the autumn of 1900. next it is also hosting an exhibition devoted to little thing that i think works and personal history. one of the things i'm in leipzig of the museum of. for a very special exhibition special because of the artist who was right here because he's actually better known as the legend of german rock music and i don't use that word legend lightly because this man has the strode to the german rock scene for nearly 50 yes 50 years linda welcome thank you italians hadn't done. so literally a my 1st question is here you are in your 8th decade playing 2 stadium yeah the biggest audiences ever was as you know they all
1:46 am
love you know to go close well show you know to carry is through the school 23 hours you know. sports and all that yeah yeah.

24 Views

info Stream Only

Uploaded by TV Archive on