tv Business Deutsche Welle October 30, 2019 4:15am-4:31am CET
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and sometimes deadly industry. you're watching the news live from berlin coming up next our documentary clean air and human rights a look at lucian in the indian capital delhi that's coming up in just a minute in the meantime although as headlines available on our web site that's t w dot com i'm called aspen thanks for watching. andrew the conflict zone with jim sebastian. has been challenging those in columns asking tough questions demanding the same. as conflicts intensify i'll be meeting with kids players on the ground in the stands as a. crushing through the rhetoric holding the powerful to account for the conflict zone. conflict zone with tim sebastian kong d.w. . i'm not laughing at the germans because sometimes i am but i stand nothing
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with the time and the budget i've been thinking deep into the german culture of. new jersey to take this drama to you because it's all about who i am no i'm rachel join me for me to get it on the gulf coast. boeing's chief executive admits to lawmakers we've made mistakes one year after the 1st 2 fatal crashes of the boeing $737.00 next airliner the c.e.o. says his company deserves scrutiny also additional standing up to silicon valley growing in 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 train but is the country ready for it. i'm chris cuomo welcome to the program
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boeing c.e.o. done as model of berg admitted to a u.s. senate committee that his company got things wrong in the development of the 737. tuesdays hearing came exactly one year after the crash of a 737 max caused by a faulty flight systems for ram only weeks later a 2nd accident with the same type of aircraft likely caused by similar problems rose the 346 people killed watched mr berg of mit 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 heartbroken by your loss. it was an emotional address delivered exactly a year after the crash of a 737 mosques in indonesia that killed everyone on board in march of this year
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tragedy struck again when the same model came down in ethiopia. since then 77 mocks have been granted the classes are thought to have been caused by a software fault u.s. lawmakers accuse boeing of knowing its 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 us from the pilot boeing's both as the company back ignites as its failings and is committed to doing better in the future. we've made mistakes and we got some things wrong we're improving and we're learning and we're continuing to learn this 737 max will stay grounded until further notice
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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 distance. sort of occasion process did we learn anything new today from the boeing c.e.o. . well what the senators also wanted to hear is what did then as a modern verb know and when did he know it and i'm not sure if we really got a proper answer to that there have been different reports that boeing should have known about the issues with the 737 at least before the 2nd crash in march of dennis by the way it started its boeing as an
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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 how they 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 this year most of the big airlines are expecting that the f.a.a.
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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. is 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 the 3rd quarter earnings before casts strong car sales were behind an income of $2400000000.00 and while that was a drop of 7 percent of can 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 budget carrier indigo ordered 300 of the company's a $320.00 neo jets the deal is thought to be worth at least $33000000000.00 the
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order makes inigo the biggest customer for the a $320.00 neo widget is the main competitor to boeing's troubled 737 its. shares in vegan food specialist beyond need 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 ships with mcdonald's and u.s. grocer 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 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
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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 or untrustworthy 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 or the digital summit taking place in daughter. does for us which are most bizarre but what worries me the most is that in many areas the management of data whether it's business or consumer related lies in the hands of american companies. i mean we constantly. i've nothing against free and fair competition but this is creating
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a reliance which we don't think is right in the long term issues 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 has been lagging behind the countries also been slow to embrace digital and evasion become a digital association says there are 2 areas in particular worth focusing on. the host the 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 of. the theories that if germany doesn't catch up soon the economic consequences could be serious.
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holidaymakers making history saudi arabia is keen to reinvent as 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. number actually about a draw. before we came here i was worried about what i was going to wear because i'd read about the strict dress codes a certain regulations so i was concerned about what to wear every day. but
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actually it's been a very pleasant surprise for us to see them as they show their support 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 guide mr hart says saudi businesses are struggling to keep up with the changes. well his sort of thought had to get an authority is a moving at a much faster pace than we expected and we understand this fast change those changes are positive so we use businesses can't keep up with their speed and we don't have the same level of resources. but with many more holidaymakers sure to follow in this polish group's footsteps tour guides like need to be ready to help them on their way. and finally
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here is one for all you a beauty school dropouts olivia newton john is auctioning off some of the glows she wore in the hit 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 a little bit of pink in their lives that's a show thanks for watching. africa
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pink is for guns and blue is focus on industry makes lots of money with gender stereotypes. more and more women and men saying that. some business is now making. conformity. made in germany 60 minutes d.w. . birth. home to millions of species a home worth saving. as much as on those are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world like to use the term the climate boost green energy solutions and
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reforestation. they create interactive content teaching the next generation about environmental protection and we're determined to build something here for the next generation global ideas the multimedia environment series on g.w. . did you know that one can serve the end tell you how this one dominates we the help of drones we didn't know either but now we do and was so you how it is done welcome to another edition of equal africa i'm sound that you know they're coming to from kampala here in uganda hello sandra and hello everybody thank you for joining us once they show i am now inside we have the faucet.
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