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tv   Business  Deutsche Welle  October 30, 2019 12:30am-12:46am CET

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conformity. made in germany 60 minutes. after the fall of the berlin wall nov 9th on d. w. . boeing's chief executive and mr lawmakers we've made mistakes one year after the 1st of 2 fatal crashes of the boeing $737.00 max airliner the c.e.o. says his company deserves scrutiny also additional standing up to silicon valley germany and france increase their efforts to build rivals to u.s. tech giants and saudi arabia opens its doors to the globe's fast growing tourist
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trade but is the country ready for it. i'm chris cuomo welcome to the program boeing c.e.o. done as muslim berg admitted to a u.s. senate committee that his company got things wrong in the development of the 737 max airliner to his days hearing came exactly one year after the crash of a 737 caused by a faulty flight assistance program only weeks later a 2nd accident with the same type of aircraft likely caused by similar problems rather to vhs of the 346 people killed watched mr berg admit that the company has quote made mistakes. on behalf of myself and the boeing company we are sorry deeply and truly sorry as a husband and father myself. i'm heart broken by your loss.
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it was an emotional address delivered exactly a year after the crash of a 737 moxon indonesia that killed everyone on board in march of this year tragedy struck again when the same model came down in ethiopia. since then the 77 mark has been grounded the classes are thought to have been caused by a software fault us lawmakers accuse boeing of knowing it systems were subpar and of failing to train pilots adequately those pilots never had a chance these loved ones never had a chance they were in flying coffins as a result of boeing deciding that it was going to conceal and carry this from the pilot boeing's boss says the company recognizes its failings and is committed to doing better in the future. we've made mistakes
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but we got some things wrong we're improving and we're learning and we're continuing to learn this 737 max will stay granted until further notice a major financial blow for boeing and cold comfort for the friends and loved ones of those for whom that precaution has come too late. let's get more from our financial correspondent. there have been a number of damning revelations about the 737 max the faulty flight to some. sort of occasion process did you learn anything new today from the boeing c.e.o. . well what the senators also wanted to hear is what did dennis mullen berg know and when did he know it and i'm not sure if we really got a proper answer to that they have been different reports that boeing should have
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known about the issues with the 7378 at least before the 2nd crash in march of dennis by the way it started its boeing as an intern when he was about 20 years old and now 4 years ago he became the c.e.o. of the company so my feeling is that the senators and also the public did not fully get and did not really learn that much new in this terrible case of boy that we saw the families of the victims present there at this hearing what were people on wall street looking for in this testimony. well what investors basically one to know is on one side what legal consequences there could be and then maybe most pressing when will be when will the 738 machines allowed to take off again dennis mullen burke himself is quite confident that this will happen within
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this year most of the big airlines are expecting that the f.a.a. gives the green light to early next year if that's going to be the case nobody can really tell at this point to meanwhile by the way. it's a far reaching boeing when it comes to new deliveries and also 2 orders surprisingly enough the stock price of boeing was up here on tuesday by by more than 2 percent as quarter new york thank you. and now to some of the other business stories making news shares in general motors surged after 3rd quarter earnings before casts strong car sales were behind an income of $2400000000.00 and while that was a drop of 7 percent it came despite a strike in the united states that crippled production for several weeks airbus has landed what could be its biggest order from a singer airline in the end budget carrier indigo ordered 300 of the company's
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a $320.00 neo jets the deal is thought to be worth at least $33000000000.00 the order makes inigo the biggest customer for the a $320.00 neo widget is the main competitor to boeing's troubled 737 x. . shares and vegan food specialist beyond meat plummeted more than 20 percent after a stock sale ban was lifted that despite the company reporting its 1st quarterly profit sales beat expectations thanks martin shivs with mcdonald's and u.s. grocer kroger but fears about competition and rising costs were behind the plunge. the demand for workers in germany dropped significantly in october due to the weakening economy that's according to the german employment agency the decreasing demand for workers is particularly noticeable in temporary employment industry retail trade and let's just say. now when it comes to online data
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processing there is hardly any way around the likes of amazon microsoft or google with a combined global market share of more than 50 percent now this power has long been a nuisance to leaders in europe not least because of a number of data privacy scandals involving the us tech giants now france and germany have unveiled a plan for what they call a secure and trustworthy data infrastructure for europe. whether it's on the production line or elsewhere storing and managing vast quantities of data is now an essential part of running a business. here in germany though there is growing concern that the biggest cloud storage systems are managed by companies based outside of europe an issue german chancellor angela merkel address at a digital summit taking place indoor and thus for us which are most bizarre but what worries me the most is that in many areas the management of dacia whether it's business or consumer related lies in the hands of american companies. by americans
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. i have nothing against free and fair competition but this is creating a reliance which we don't think is right in the long term it was of the excerpt from mr bush to. germany's economy minister peter wants that to change and has announced the creation of a europe ace cloud service called guy x. it's 2 to launch next year. cloud based services aren't the only areas where germany's been lagging behind the country's also been slow to embrace digital and a very big come a digital association says there are 2 areas in particular worth focusing on. the whole to show the gun just as we supply the world with gear boxes today in the future the center for autonomy as mobility must be in germany. and just as we're leading the way in c.t. scans we need to be leading in a i lead diagnostics and treatment. the fear is that if germany doesn't catch up
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soon the economic consequences could be serious. holidaymakers making history saudi arabia is keen to reinvent its image and display openness particularly after the damage done by the murder of journalist jamal khashoggi it's now opened up its visa process to allow in more international visitors. saudi arabia is welcoming its 1st big wave of holiday makers among them this group of polish tourists they've taken advantage of the country's new more liberal visa regime that until recently restricted visits mainly to pilgrims and business travelers certain rules have also been relaxed for foreigners sophie doesn't have to wear the body covering a buyer expected of saudi women. numbers knew about a draw. before we came here i was worried about what i was going to wear because
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i'd read about the strict dress codes certain regulations so i was concerned about what to wear every day. but actually it's been a very pleasant surprise for us is as the 1st put on a positive thing in. the tour groups trip through the mass market 14 riyadh's old town was made possible by crown prince mohammed bin salmond's reform program aimed at reducing saudi arabia's economic reliance on oil however tall guy. says saudi businesses are struggling to keep up with the changes. it is a moving at a much faster pace than we expected and we understand this fast change those changes are positive but we is businesses can't keep up with their speed and we don't have the same level of resources it's a live. births with many more holidaymakers sure to
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follow in this polish group's footsteps tour guides like met need to be ready to help them on their way. and finally here is one for all you beauty school dropouts olivia newton john is auctioning off some of the glows she wore in the head musical grease one of the top lots of the leather outfit her character sandy wore in the final scene it's expected to fetch up to $200000.00 for the singer's own cancer treatment center some $500.00 items are going under the hammer and beverly hills on saturday. and who doesn't like the pink in their lives that's all thanks for watching.
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any time any place. video never. have i got the back of my. songs to sing along to download is the combo
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from super. to. very kind of into active exercises. and you don't come slashdot on face. ok and you're still. jamming for free but deafening. some more of your 5 keys to see for food. keep clean to prevent contamination. oh. great draw and cook foods to avoid cross contamination. cooks thoroughly to kill microorganisms. keep food safe temperatures cool to prevent bacterial growth.
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use safe water and safe crawl materials to avoid content. food producers are the ones primarily responsible for the safety of the food. but you can protect yourself and your family from diseases in the home by plying the 5 keys to see for food use them you also have a role to play. or. welcome to news from the well deval and culture prince left us too soon but he did leave a memoir that's just been published also coming out today. spent time in an east german jail so she welcomed the full of the wall story in our
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series leading up to the 30th anniversary. and germans still favor cash over credit cards for most transactions it's a cultural phenomenon i will find out why. but we begin with prince because this memoir called the beautiful ones has just been published and is flying off the shelves at the moment. prince died of an accidental drug overdose in 2016 but had already chosen a coach for his autobiography the young journalist and found pipe and bring the book contains princes in complete text a never before seen photos notes and hand written written lyrics. and david leavitt's is.

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