tv Business Deutsche Welle November 26, 2019 10:15pm-10:31pm CET
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stephen beds they with details so far have been a success with disney's new streaming plot focus don't forget you can get over the latest news and information around the clock on our website. news at the top of the hour of the day. with different languages we fight with different things that's fun but we all stick up for freedom freedom of speech and freedom of press. giving freedom of choice global news that matters w made for minds. go to the girl max chat. good line of story.
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with exclusive inside. the must see consuming parts of europe. to be curious minds. do it yourself networkers. some subscribers don't miss out. disney continues to and chance investors streaming services raking in customers and its latest film is already a record breaker after its opening weekend it's. also on the show when park in norway is generating controversy over its use of tax loopholes. and we'll visit the streets of tel aviv where the race for autonomous driving is in full gear. this is your business report. thanks for watching. shares of disney led u.s.
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markets to gains on tuesday following a report that the company's new streaming service is adding an average of a 1000000 new subscriptions daily a strong start for disney plus which premiered just 2 weeks ago is the latest good news for the company its new release frozen 2 broke opening weekend records hauling in some $350000000.00 globally it's the highest grossing debut ever for an animated film. and let's go now to our financial correspondent in new york and certainly a frozen families i'm assuming yes this is been quite a ride for disney hasn't it. it clearly has been and it looks like disney is doing everything right at least at this moment since last year the stock is up by a good 50 percent and here on tuesday the stock price reached a new all talking about frozen part 2 it's probably going to be the 6th
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movie for walt disney this year alone to surpass the $1000000000.00 mark and then as you mentioned. the streaming business seems to be doing better than wall street or originally estimated and so that just adding to the optimism regarding the entertainment company they is this take a look at another story coming out of the u.s. 2 consumer confidence in the u.s. falling in november according to a new survey it's the 4th straight month to see a dip analysts say the numbers reflect consumer concerns over a softening labor market still survey publisher the conference board said overall confidence in the economy remains high. now yet if you're still with the skins i don't know if you're still there ok now yes of course based on the support of consumer confidence is the big question here of course what should retailers expect for christmas that's such a big time of year for them. well expectations are pretty high
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and even as you mentioned consumer confidence has been down for 4 consecutive months but we're still on a pretty elevated level and the retail federation expects that sales for the holiday season will increase by about 4 percent and we've got some evidence for that from electronic best buy on q state the company came out with earnings that were better than expected the outlook looks pretty good and that stock gained about 10 percent on tuesday alone and that stock is also since christmas of last year by a good 50 percent so overall the american consumer seem to shop no matter what the figures self confidence are telling us and of course best buy a stock that was considered dead long long ago all right there for us in new york thank you very much. over to norway now where wind park is blowing up quite
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a storm and the state of journalists there found that its owner is using an offshore tax haven to avoid taxes and it's all quite legal. the 50 wind turbines have been turning for 2 uninterrupted years but the telling us wind park in the norwegian village of song apparently isn't turning a profit so the owner doesn't have to pay any tax to the norwegian government is doing what many companies in europe to. headquarters are far away in the tax haven of dublin in the financial district which is also home to the european headquarters of facebook and google in 2018 the wind farm made around $24000000.00 euros which is declared in dublin but the parent company is located offshore in this building in the cayman islands another tax haven it gave us such an expensive loan but unfortunately there was no profit left after paying the interest no profit no taxes
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experts say companies from all over the world are just taking advantage of europe. to discern all of. what we're seeing now is the international companies that being told it's all free for all please help yourself to know ways nature and its resources through the sort of it's basically to do as you please situation to no taxation process or any historical perspective it's a scandal that. a scandal that's especially irritating to local politicians. companies who use the land and its infrastructure and they don't pay a penny. it's obvious that someone needs to fix that because that's money that should have gone back into society that's being siphoned off in quite clever ways it's not nice. and it's unlikely to change companies like telling us which post to avoid paying taxes might be annoying but the practice is completely
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legal. some of the other global business stories making news folks wagon has defended its production facility in a room she after leaked government dog. he meant shed light on chinese detention camps holding over a 1000000 weavers and other muslim minorities in the region the car makers said it hoped to contribute to the region's development and was closely monitoring the situation there on sunday global media outlets released numerous documents exposing poor conditions in the camps. german car maker audi plans to slash 9 and a half 1000 jobs in germany over the next 5 years it's part of a massive restructuring plan meant to save billions over the coming decade the cuts will take place through an early retirement program audi said it will continue hiring in areas such as electro mobility and digitization. german economists are expecting a strong holiday season and its monthly consumer climate index german market research group g f k predicted an increase in consumer confidence of just over one
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percent for december but the christmas uptick only goes half way to correcting last month's retail slump. let's say in germany let's say that you've stolen a priceless set of royal jewels what comes next that's one question facing investigators in dresden following monday's heist of 18th century jewels from one of the country's most iconic museums the items are said to be worth up to 1000000000 euros but they're not going to be that easy to cash in. who made off with the priceless catch of jewels from the green vault museum in dresden the treasure is a tremendous source of pride and the bold 35 has left many locals speechless a moment thank god it's hard to believe thieves could crawl through such a tiny hole i'm devastated that. the group involved has one of the oldest museums in europe and or forty's believe up to 100 items could have been
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stolen the museum says the jewels are priceless saves broken before dawn on monday closed circuit security footage shows 2 men in a brutal smash and grab attack experts fear the culprits or cash in the booty the very sad reality is that such criminal acts are connected to money laundering to trading arms etc experts are certain that unloading the treasure will be difficult that's why some hope the museum i automatically be able to buy them back by paying a ransom the best possible outcome would be if the jewels that have been stolen would be offered to the director of the museum by a call and the worst outcome would be if the jewels melted and taken out of their setting. at this point there remain many more questions than answers surrounding the spectacular robbery but already some german media are calling it the biggest
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theft since world war 2. the race to autonomous driving is in full gear but it's not yet clear who will win and what kind of technology will prevail our reporter took a look at the competition in one city. traffic in and around tell if he is chaotic to say the least. but self driving cars could provide a solution. russian tech is testing it speckle in amongst the traffic has. the engine isn't driving the cars doing everything on its side we're going to stop here above it shows us the reason why it would stop here it's like either pedestrians best thing or here it is the traffic light could someone outside the cost control of the vehicle. the car is completely tautness all the calculations happen on board there in the trunk you can see a big p.c.
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which does all the calculations so you can attack the car from the outside because it's not connected to the outside world in an emergency the driver hits a button and takes over the controls israeli companies want to compete with russian and american rivals in autonomous jointing and israeli startup has its own night is how other works with radar which isn't common in civilian applications but very common in the army many of the staff have experience in the israeli military just like aircraft their vehicles use radio waves to recognise obstacles radio works in all weather and the system has very high resolution better picture quality means safer driving. with more new driving everything is approaching us so it becomes really everything that is green is stationary everything that is true. he's getting farther away and everything that he's ready is approaching that's. what looks simple is anything but because safety is paramount. the technology that
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is needed in order to solve the problem of the tunnels driving is like landing on the moon it's even more complicated than that so the challenge is big the level of safety that you need to bring is a very high this new territory requires a lot of trust in artificial intelligence and belief that both data on technology are controllable. and that's it for me in the business you can find out more about these and other stories online dot com slash business i'm seeing there's a relay thanks for watching.
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to link to from africa the more or link to exceptional stories and discussions from the use of these each and i would say d w that comes from africa have joined us on facebook j w i forgot. the world population is increasing the climate is changing it's getting warmer and there are going to be more and more places where you cannot grow critics no problems we have to fix that some the way to do that is to use the modern genetic modification methods to make better crawl it is a lot safer than anything we've done by traditional kinetic mode of the place that you take one to me you know exactly what it is you put it into another plant when we come out exactly where it's gone i think we will be able to provide enough food
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for people by 2050 if we can make crops that will grow on the 70 arid conditions this will achieve a much greater stability in the food supply that we have at the moment. this is g.w. news africa coming up on the program for good all for bad how do you use the internet in an era where fake news is testing the boundaries of democracies we ask on internet governance experts what i do need for their life and what role can you and i play. also coming up amy vs upcoming elections i missed economic crisis for my dentist put a dent in the incumbents chances. and facing the tragedy what comedy.
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