tv Business Deutsche Welle November 20, 2019 12:30am-12:46am CET
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and how will this affect our natural resources. 16. take it personally you already with wonderful people and make the team so special. for all truth. more than football on line. a 1000000000 euros were pledged last year but where is the money gone. means african leaders in bed then for the latest g 20 compacts with africa and ambitious investment program to get cash flowing to the continent. putting the x. in x. spokes google hundreds game streaming service will force an end to traditional com
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so. kind if you're in the market for amount of fuel why not take a virtual trip to an icelandic waterfall. the los angeles. this is your business i'm rob what's in beilin well come along. i'm going to machall has told african leaders that transparency is the key to future development on the continent has been hosting the g 20 compact with africa which was initiated by germany to help boost intercontinental investment but despite a 1000000000 euros being played last year the impact is still yet to become clear. rwanda is one of africa's flagship economies last year bokes wagon opened a plant in the capital kigali to build electric cars creating hundreds of jobs the german car maker wants to invest $20000000.00 in could golly it's a significant step for a wanda. at the compact with africa summit in berlin chancellor angela
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merkel told leaders that africa had a key role to play in solving global problems but there needed to be more openness and trust. we believe and i'm thoroughly convinced of this that more transparency will bring more investors to these countries because it's important for germans other g 20 investors as well as medium sized companies to have trust and transparency. is this guns gun speech they want to know where the investment is going under what conditions. it's a question of good governance but it's also about funding so far 12 countries are signed up to the initiative and they're hoping they will secure investment the compact will help with the government in all the stakeholders to implement reforms that will improve for the use of doing business germany signed reform partnerships
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with senegal and ethiopia at the conference which should facilitate better private sector development with africa africa's your africa's youth needs a future and that means education and jobs to do this we need to scale of financing that the public sector cannot manage alone. and in a bid to come the german economy needs to grow there too but it's slow to adopt less than 2 percent of german companies are active in africa. now in the u.s. the dow jones has slipped from its record levels thanks to some rather gloomy forecast from the retail sector america's largest home improvement chain home depot saw its worst shares drop of the year after its latest quarterly figures failed to meet expectations its lowered its $2900.00 cells forecast for the 2nd time this year meanwhile department store kohl's stocks none more than 17 percent after it
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slashed its the its earnings outlook so let's get an idea of what's eating these 2 major players in the u.s. . financial correspondent yang's quarter in new york hello again and so is what we've seen on choose day a sign of broader problems in the u.s. retail sector. well 1st of all we certainly saw some steep losses with the stock prices of the 2 companies home depot losing more than 5 percent in value being by far the biggest loser in the dow jones industrial average and when it comes to the department store chain colt's that stock was down by almost 20 percent it's not so much that americans are not spending any more actually the outlook for the holiday season looks pretty promising in some war where american consumers are shopping and that is not so much a brick and mortar stores and any longer we had some pretty huge bankruptcy cases
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when it comes to sears or barney's in new york so americans do spend but not necessarily at the big department stores any longer and when it comes to home depot there seems to be some internal factors some investments in the recent past that have nots transferred into higher sales at this point here let's talk a little bit more about home depot it's america's biggest home improve. as i mentioned so what did these disappointing results tell us about the real estate situation in the us. you have been for the because of the 1st glance you could guess that if the biggest proven center isn't doing that great maybe that is a warning sign that something is wrong in the u.s. housing industry but at least for now that does not seem to be the case we've got some fresh numbers from the uit us housing industry and actually housing starts
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continue to recover and if you look at building permits so if you sure indicator we even saw in october the biggest increase in we reached the highest level when it comes to those permits in 12 years so overall especially with the federal reserve lowering interest rates and we see lower mortgage rates overall that does seem to improve the overall housing market so as i mentioned home depot really seem to be in internal fake those numbers disappointed. all right thank you very much peter we use financial correspondent yens quarter speaking to us from new york. now the games console has for decades held a dominant position on christmas lists around the world but google is now hoping to change the way we play with its new online streaming service if it can and has been
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having a look at stadia. for years it's been mortal combat in the video games industry between different formats platforms and consuls now google is joining the fray with stadia the tech giant hopes playing video games across multiple devices could become as easy as watching a you tube video with its new online platform. is a new generation gaming platform one that does away with the traditional barrier to entry for gamers by getting rid of the hardware that you need to buy in your home you don't need to buy an expensive p.c. or game console in order to enjoy the latest greatest aaa blockbuster games we take care of that in our data center and we think that this is a revolution for the games industry. stadia is taking on beloved console's like playstation a text books by streaming to games from google data centers a special device plugged into
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a television makes the connection. google has spent heavily on cloud software and data centers tech sector analysts say stadia is one way of boosting returns from those investments. it's certainly a bold tactical move in the battle for gaming supremacy but some gaming experts remain unconvinced that streaming can achieve the same real time interaction as the good old console. now to some of the other business stories making news tata steel is set to cut 3000 jobs in europe the indian and firms says the plan in the face of tough market conditions will mostly affect office workers it's understood around half of the job cuts will come from its operations in the netherlands. oh saw him grave is facing another potentially costly lawsuit in the u.s. one of its supply is prevent his claiming $750000000.00 the parts maker claims v.w. broke competition law by blocking its attempts to buy up other supply is. an easy
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day claims it will become the 1st major airline to operate net 0 carbon flights the budget carry a says it will offset the emissions by investing in carbon positive causes including projects that plant trees and protect against the fire station its funding to invest around 30000000 euros in the program. now here's a story about a company that's grabbing the future with both hands a los angeles nail studio known for catering to a list celebrities is trying out a new way for customers to relax during their manic us and is using virtual reality to do so. what could make a luxury manicure or pedicure even more relaxing forget about hunching over a table under a spotlight and journey to a remote beach in the tropics or an icelandic waterfall. or even a peaceful forest. that's one of the new offerings from
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a los angeles nail studio bella cures where customers can sit back decompress and enjoy the virtual reality technology. american spent nearly 8 and a half $1000000000.00 on nail services last year and that could be just the beginning the manicure pedicure industry in the last few years has blown up in a huge way now the leaders in the industry are the ones who are thinking outside the box they're the ones who are making the manny pedi not just a physical experience and a great result but they're tapping into people's psyches and they're giving them this like mental wellness and mental checkout experience and that's what makes those clients keep lloyd stay loyal and keep coming back for more and more treatments with that company each treatment is designed to soothe all the senses simultaneously so while your nails are being pampered you can escape to the hawaiian sands as your feet get a coffee foot scrub. after a long day of work this is exactly what i needed the coffee scrub just made you
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feel like your feet were in say and and you could almost hear the waves and just feel that falls full sensory experience. but this luxury futuristic experience will cost you $60.00 for a pedicure and $55.00 for a manicure. and sticking with a clearly lucrative well of beauty kylie jenner house sold a 51 percent stake in her cosmetics i'm still company the reality t.v. star 10 business woman will rake in $600000000.00 through the deal with major views eco for asian coetzee any of this yet you became the youngest. have a self-made billionaire according to forbes magazine. and that so from a business thanks for joining us.
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on w. . stories of people world over information. the fenians want to express d.w. on facebook and twitter to cope today in touch follow us. and now the only affectionately but as affectionately as you can. bloody near put him in the middle of his own. the king campaign in the year 2000 a documentary was filmed for russian television but director vitali munson captured much more of it to turn the camera back on them and of course. the film secretly chronicled a power grab actually everything was precisely planned instruction. featuring
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thomas supporting roles to the freak show. featuring a lead role like you've never seen before let me be clear with you. so that means that if you're a bitch do the ends justify the means. to terms with mrs starts december 13th on t.w. . on friday. night. the vocal harmonies of the king singers whose previous s.s. founded the group off a century ago. now the current base jonathan how it is my guest here on culture in just a minute also coming up. with
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the winner of this is of germany talent show a recent immigrant from indonesia. and the brand new documentary about the handmaid's tale all thought margaret atwood. is. never. the king singing as a vocal ensemble with a history going back over hoff a century the original members were choral scholars at king's college cambridge university back in the 960 s. now. the group in the latest incarnation of launching a new project trying to heal divisions in society through the proud new thing it's called finding common it let's have a listen. her. oh and there are.
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