every journey begins with the 1st step and every language with the 1st word published in the. is in germany to learn german why not go with him. on your mobile. learning course you can speak german. saudi arabia is selling you the family silver it's offering a tiny slice of state owned oil giant coke but the 1.5 percent of the company up for grabs still looks to be the most valuable i.p.o. ever. in the sky to buy air so with european time to airbus and u.s. rival boeing company to seal the deal. if you're looking to get your cons on some locally sourced milk there is a fresh idea and. this is state of the business i'm kate ferguson well.

saudi arabia is restricting our broncos i.p.o. to the stock exchange the decision is a huge step back from original plans to go public in other locations like new york the company has been valued at 1.7 trillion dollars less than what the kingdom had been hoping for but still the world's biggest ever i.p.o. . subscription starts soon for weeks these billboards have lined riyad streets now the subscription period has begun for real investors can sign up to buy shares in saudi aramco. it's their patriotic duty says the government some banks are even offering loans of $10000000.00 euros so rich saudis can buy a piece of the oil colossus in the saudi capital there is no public criticism of the planned i.p.o. . company is the crown jewel of investment in saudi arabia. and

a safe company to invest in the biggest company in the world thank god it is a good opportunity that crown prince mohammed bin gave us the chance to subscribe to be partners in this success. but the investment is not without risk there are concerns that the saudi powers that be wields too much influence that iran co is not commercially independent enough of the saudi state. and just how significant are around because all the reserves are they really enough for more than another 50 years independent analysts beg to differ then there are concerns over its location at the heart of blazing conflicts in the gulf a september attack paralyzed oil production and reminded the world of its oil dependency saudi aramco pumps 12 percent of the world's crude. stocks on wall street have surged off to the united states granted while away an

additional 90 days to do business in the country the benchmark s. and p. and the blue chip dow jones both hit record highs with chip makers in particular welcoming the news washington odds of the chinese tech equipment giant to a blacklist back in may sizing national security concerns the move has fueled speculation about the status of u.s. china trade talks on for more on this let's cross to detail these financial correspondent against caught on wall street hi yes good to see you how significant is this 90 day extension really. well it needs some good news even if a possible benefits not entirely off the table but if you look at last year for instance you i bought equipment from u.s. companies in the amount of a good 11000000000 dollars so that is quite a big contract there but on the other side if you look at intel just for example it's all those companies selling components to you all by micro technologies

qualcomm or intel for example and if you look at intel itself it has a yearly revenue of $70000000000.00 so if you take that in relation it's not the biggest customer of the u.s. companies but it is some good news that did not start with the technology index here on wall street reached a new record high on monday right and what do you think this tells us about the state of those trade negotiations between the u.s. and china is it a positive sign. it is a positive sign but then again the us epona stray ssion keeps him saying that the trade talks on one side and the case of you well by 2 separate issues but still you could see it as a certain kind of goodwill talking about goodwill and there seems to be some uneasiness on the chinese government side that the u.s.

president donald trump is hesitant to roll back some of the terrorists already in place to get it trade deal done within the next couple of weeks with china so there is still this question mark when and if and how this trade deal will get done and the next deadline is approaching fast on december 15th there is the next round of terrorists opposed to kick off so that is all still out there but wall street in general does not seem to be too concerned the dow jones industrial average after reaching 28000 points for the 1st time in history on friday actually saw a little gains here on monday as well meaning in another record close for a wall street even if they are those question marks relating the trade talks. to on wall street thank you very much defy our so is underway it's one of the

most important events in the airspace calendar and a place where some high level deals are done this year it was european giant airbus and not u.s. 5 boeing that was flying high. some had come to see the planes are those had come to sell them it was european space giant airbus that led the way with some head spinning deals the 1st with emirates announced after he still a arranged press conference. in madrid will sign a purchase agreement for a $58.00 of us. x. the e.u. piece today. of the order worth of $16000000000.00 but the list including of course royce didn't have a new experience and it was quickly followed with another order for $120.00 planes by air arabia we are very pleased. and happy to of course in order to

route through there there were some in cleft in the pan for trouble drive a boeing they picked up some crumbs signing a deal that was cetane of it 737 max planes sold to sun express. it's a great day for us we are in the city to partnership was. very happy to. our commitment to this ecologically friendly economically efficient is. a small but much needed vote of confidence in the company and the model after 2 fatal crashes in the space of months so it grounded world white. adults have been building houses on water for a long time it is after all the natural solution to biting sea levels but since may of this year farmers have been so saying a fresh idea right in the middle 'd of europe's biggest forests of russia. what

makes cows happy enough feed and fresh air so the shed has everything they need even if it's afloat that's why the feed for the 34 strong herd has to be carried along a narrow gangway. but other than that the shed has everything a land based unit would have the difference is that this one rises and falls with the tide up to 2 meters a day the cows don't seem to mind. their own 2 worlds else also get transported by sea or by by ship so i don't think they get seasick but. yeah i think they look happy if they get enough food time i think there will be having. space is at a premium in rotterdam harbor there's lots of construction down at the waterfront it started with apartments and now they've added the cow shit. i'm

saying this far into part of the hopper i wanted and then say should we call the stands are being hit adding some farming to the sickies and that will make cities more livable again. but if you're looking for a traditional countryside barn you're in the wrong place this one is high tech floating solar cells supplied with electricity the cows are milked by robots. and another robot collects the manure. part of that goes to fertilize green areas in rotterdam's inner city. you're close to the waste circle so waste of produce here and then it's got to back up to the city as a higher product. every once in a while animal experts come by to tweak small problems with the floating cow shed but basically rotterdam's floating farm is garnering interest worldwide especially

in densely populated coastal cities like singapore which are seeking solutions for the rising sea levels. mildly singapore imparts 96 percent of all the influence so it seems you know which in part that they are surrounded by water so you can imagine this is a project this is face suitable for area like singapore and though we had talking to the authorities so yeah that that's absolutely one of the next floating shark will be over there and soon counties won't be the only ones adopting to an aquatic lifestyle she can factories and greenhouses will also soon be taking to the water. air v. and the has signed a deal worth a reported $500000000.00 with the international olympic committee to sponsor the games until 2028. it's the accommodation booking top forms 1st major global

sponsorship and it will begin with the tokyo and picks in 2020 the move allows air b.n. b. to use the olympic rings in advertising the company's 2nd quarter revenue a $1000000000.00 and it's planning an i.p.o. next year. that's it for me on the business teams here in berlin for more news and features do check out our website that's the you dot com business you can also get the latest on social media on our facebook and twitter pages we'll leave you with a look at global markets but for me i'm a team it's goodbye and take care.

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discover the world. subscribe to documentary on you tube. welcome to news from the world of. small floods endangering venice is architectural mystic treasures more in a minute also coming up. levity street artist by his joins me in the studio to talk about. oppression. and lying to save people and for the common good is the topic of jacob the law of one of 100

german must resolve believe in. venice is still flooded and did the latest. 80 percent of this the goon city off the northeast coast of italy on the water 3 of the worst 10 floods since records began 120 years ago have happened in the last week now salt water is no good for many things including priceless works of art and the foundations of historic buildings. the record high tides have brought venice to its knees known for its canals and gondolas venice has always been a city of water but it's never experienced a week like this one the so-called aqua or high water flooded the city's historical buildings including many of its most famous monuments water flowed into st mark's basilica submerging its crypt and covering the church's mosaic floors the extent of the damage can't yet be a stab.