unship. you are watching the news live from berlin up next business news with rob what's buffett the website is also their dog there for all the latest news 24 hours a day for now but that's me howard thanks for watching. earth . home 2 days of species. a home words if you can. get those are big changes and most start with small steps good morning to you as tell stories of creative people and innovative projects around the world. like news that could turn the good news to screen image submissions and reforestation. interactive content teaching the next generation of those

environmental protection. using planes channels available to school people to attend connection and was a challenge to build something here for the next generation. the environment series of global 3000 own t w. a 1000000000 euros were pledged last year but where's the money gone. means african leaders in bed then for the latest g 20 compacts with africa i'm vicious investment program to get cash flowing to the continent. putting the x. in x. folks google hopes that game streaming service will put an end to traditional com so. found if you're in the market for a manicure why not take a virtual trip to an icelandic. water for. the los angeles. this is

deja vu business iraq what's in berlin welcome along. chancellor angela merkel 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 placed last year the impact is still yet to become clear. rwanda's one of africa's flagship economies last year books were going to open the plant in the capital kigali to build electric cars creating hundreds of jobs the german car maker wants to invest $20000000.00 in kigali it's a significant step for a wander. up the compact with africa summit in berlin chancellor angela merkel told leaders that africa had a key role to play in solving global problems but there needed to be more openness

and trust. view of albany 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 guns business 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 compactor actually will help the government in all the stakeholders to implement reforms that will improve the use of doing business germany signed reform partnerships with senegal and ethiopia at the conference which should facilitate better private sector development with africa. africa's you wouldn't but i know

africa's youth needs a future and that means education and jobs to do this we need to scale a 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 forecasts 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 a department store kohl's stocks none more than 17 percent after it 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 yen scorcher in new york hello again 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 of being by far the biggest loser in the dow jones industrial average and when it comes to the department store chain colds 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 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 got some fresh numbers from the you with us housing industry and actually housing starts continue to recover and if you look at building permits so if future 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 so 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 faked or why 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 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 you know datacenter 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 the games from google data centers a special device plugged into 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 tatarstan is set to cut 3000 jobs in europe indian owned 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. osogd group is facing another potentially costly lawsuit in the u.s. one of its supply is prevent is claiming $750000000.00 the parts maker claims v.w. broke competition law by blocking its attempts to buy up other supply is. an easy 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 joining them on occulus 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 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 that manny pedi not just a physical experience and a great result but they're tapping into people's psyches and they're giving him 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 feel like your feet were in and and you could almost hear the waves and just feel that false 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 has 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 year's became the youngest. self-made billionaire according to forbes magazine. and that's all from d.w. business and thanks for joining us.

from. africa. instead of fireworks. in madagascar our students are learning how to make pallets and recants out of the plant remains. the goal. less deforestation and more nutrients for the island nation. and africa.

if it's big it's clear. the biggest church the biggest aircraft the biggest the biggest car and so on. made in germany wants to find out what's behind this trend. is always better. and how will this affect our natural resources made in germany 16 the big. today don't miss our highlights w. program line w dot com highlights. show hello halflings this is you moved all speaking welcome to the show with a ding dong xoai concerts. with filibuster his guests.

and then incredible location. to such great relief on t w. hello and welcome to eat who often go where we highlight green topics and ideas from africa and euro notes and i'm in lagos nigeria and with me is my co-host in uganda hello there sandra hi there on sunday to nobody here in kampala uganda and in this week's show we go to germany to meet a monk.