it's a characteristically turbulent start to the next chapter of his coaching career. this is they double the news live from building business news is next with rob what's so i forget the web site is there for all the lives means 24 hours a day at d w dot com for now i'm at anyhow thanks watched. good . earth. home. of species. a home worth saving. those are big changes and most start with small steps but global ideas tell stories of creative people and innovative projects around the

world. like news that could trigger the good news to green image solutions and reforestation. community interactive content teaching the next generation doesn't wanna talk to touch it. isn't the channels available to inspire people to take action and we're determined to do something here for the next generation and the idea is for the environment series of global 3000 on t w and online. it was once the ultimate blue chip a titan of german industry but now still make it tense and probe c.e.o. says things have to change as it posts yet deeper losses. a case of merging main your own new york's markets potential take a visit at tiffany time to a leading brokerage firm of got investors excited from city to out wall street

correspondents. and wind watches the world over have seen in beaujolais day but the u.s. targets are tainting the taste of this year's fresh french tipple. this is the debris of business i'm rob walks in but when welcome. one of the biggest names in global still is facing the worst crisis in its history germany's to some crop has posted a loss of 300000000 euros for the past financial year that's 5 times more than 12 months ago the company's c.e.o. has called on shareholders to be patients as it tries to desperately its fortunes around. peson crops flagship steel plant they are pioneering the use of hydrogen instead of coal in a blast furnace to make steel it's a world 1st a significant step towards making production greener and boosting innovation. change is high on the agenda just in crop for so long the symbol of german

industrial muscle. the company reported a loss of 304000000 euros in the last financial year. c.e.o. martina metz are shareholders to help patients with their efforts to turn the company around. but she warned it will get worse before it gets better to syncro. the numbers indicate that we can't continue like before when i were driven by the need to ensure that all sections of the company make a positive contribution to the group clinton lysis for too long the group has just watched while some divisions fail to deliver their desired results. muddled through instead of taking a consistent approach and start to team and clinically into else tough one to gain . to fund the restructuring just in crop will sell its lucrative elevator division the jewel in the corporate crown would be buyers have already shown an interest the

revenue should help to steer the steel business back on track and make the company more competitive and of course to some crop wants to cut costs this will mean painful job losses among its global workforce of 160000 employees. now shares in tiffany and co have jumped 4 percent on reports an increased bid for the world's jewelry brand has been made french luxury group l.v.n. h. is thought to have offered close to $16000000000.00 for the american company tiffany rejected an early appeared from the owner of new wave claiming it significantly undervalued the brand the latest offer represents an 8 percent increase on that valuation. well it's speak now to our financial correspondent in new york young's cortez there in new york another potential takeover that's getting people excited this time in the online. brokerage sec selling well can you tell us about. it's almost

a revolution that we're seeing in that industry a couple of years ago actually a silicon valley startup called to robin hood started to offer free trading on their platform and now on october 1st child swap as the 1st big online broker followed suit and also offered trades for free and then the other big names had to follow so that means a lot of margin pressure and now there is speculation that child swap is intended to buy a t.d. ameritrade for $25000000000.00 this is not confirmed yet but that's what was all the rage here on wall street on the thursday session and how have markets been reacting to the changes in the brokering sector well we saw a mess of moves maybe 1st of all what is pretty interesting is that all the buyers all the potential buyers sheilds again

a good 7 percent obviously wall street believes that 25 $1000000000.00 is a pretty good price for up and then t.d. ameritrade the company that is supposed to get bought those stock prices increased by a good 17 percent but we also saw effects on other names for example for a couple of weeks there were rumors that it actually might be bought out but that is not going to happen yet and there was a bit of a disorder disappointment there on that you trade side the stock losing. 7 per cent but clearly this is well let's call it. that we're seeing in the world of online banking but we're still waiting for the confirmation so that is really putting an offer on the table a resolution big words from our financial correspondent in new york. now let's take a quick look at some of the other business stories making the news microsoft says

it's been granted a license to export mass market software to while away the chinese firm was blacklisted in may as part of the u.s. china trade war microsoft's new license follows the u.s. government's decision to allow american firms to do business with huawei for another 90 days. we work is laying off $2400.00 employees worldwide about a 5th of its workforce. is struggling to reorganize amid mounting losses once a celebrated start of we work says it now a needs to make job cuts to create a more efficient organization. and employees from 13 mcdonald's restaurants in chicago are accusing the company of putting workers at daily risk the physical attack they filed a lawsuit claiming the fast food chains policies leave staff vulnerable to dangerous customers donal's says it takes strict measures against.

now to one of the major recurring issues affecting the african continent livestock farmers in southern africa are suffering at the hands of one of the worst droughts for 40 years is a severe dry period has left many of them struggling to keep their animals alive as lead the united nations to warn that more than 11000000 people facing crisis levels of food insecurity. the deadline these boys are carrying has just died of starvation endless drives hitting most of south africa especially the car of the eastern cape. many sheep i've already been lost after food and water simply run ads now the farmers have to share their own food with their livestock. but what about people but given that at the scene as they keep going it's all i can really give him because i don't have the money to buy the milk to feed them as they should be fed as we used to feed them in the past. 6 years or in speeches on this

is the result of the drives that we struggle like this. once. postured in the open suffer most many farmers have lost most of their free range herds. are pretty far to sort of receive. so. they're also income for us. there's a criminal element. for for for the 54 for the market for anyone except for the. new even the marrow is certain they will survive this ordeal even though the situation is dire. schools here provide food for their students because too often 'd there's no food at home. harvests have completely dried up. when the disproved to become

a good future for them it's to me has been talk to us about that. because of the feeding kids a. large commercial farms are now sharing their feed with small scale farmers but that doesn't bring an end of the drives closer. osogd in in its chinese joint venture partners will invest more than $4000000000.00 euros next year to rev up electric car for adoption and add more s.u.v.s to its offering the world's biggest car markets is set to register its 2nd consecutive annual decline after decades of wild growth but v.w. remains bullish every 5th car sold in china comes from the volkswagen group and it expects to keep adding market share. now the 3rd thursday in november is a familiar date for all watches a french wine it's beaujolais day the day when beaujolais nouveau is released to

the world usually 15 percent of it goes straight to the u.s. but the recently imposed 25 percent import tariff on france's signature drink means it may not slip down as smoothly this year. these young women in the french city of leone have something to celebrate the next shipment of clothes really new has just arrived in the harbor the young wine is a favorite tradition among french consumers maybe this barrel being rolled into the city will stay here and beyond but 15 percent of politically nouveau is exported to white lovers in the u.s. wine makers here are trying to wrap their minds around the certain 25 percent tariffs that the u.s. has imposed on french wines such a hike in prices can be devastating. for runners from my winery at least it hasn't had too much of an impact on us we didn't lose any order. but we're worried about the coming year tax arrive so suddenly it's very substantial and we

won't necessarily be able to pass it on to consumers in the united states. to come to i've been planning on exporting to the u.s. for some time now the tax doesn't really affect me because i think the united states is a good wine market anyway not just proportionally new falls on the. i don't think we can risk being priced out of the markets there and we don't dare lose our image in the united states. but usually nouveau producers won't have to because us dealers and merchants decided to pay the higher prices themselves. that way consumers can still buy this year's version a new vote at the attractive price of between $10.00 and $15.00. or so from about.

if it's big it's clear. the biggest chip the biggest aircraft the biggest the biggest car and so on. made in germany wants to find out what's behind this train. always better. and how will this affect

our natural resources made in germany. strong opinions clear positions international perspectives. stop talking about our. and start with that chancellor merkel she's calling on german companies to invest more there but do firms have enough trust to take the lead economic upswing in africa really probably. the 60 minutes you. look closely. carefully. will soon. to be

a good. discover who. subscribe to the documentary to. come tell you no a ship as big as a mountain that's the reality today in the world's oldest when i was born in the 19th sixty's these cargo ships were just hundreds of that size and back then things

didn't come in small medium and large never mind even extra laws shoes and all.