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tv   Business  Deutsche Welle  January 29, 2020 10:15pm-10:31pm CET

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a decision for removing trump from office 2 thirds i needed and that looks increasingly unlikely all right all over sellable the story for us in washington all over thank you. you're watching the news coming up next in business news the troubled u.s. aircraft maker boeing reporting its 1st annual wall since 99 new 7 the painful number's up next with rob wants to go around to the right. to. change the world. the cry for freedom in the fight for freedom were always a company. to transcend dreams and bring us all together. or to part documentary about the revolutionary power of. martin johnson.
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pieces of history. songs like that don't go away but stay with us for all time by. the sound of fresh starts february 7th. boeing reports its 1st annual loss for over 2 decades yet another sign of the damage the grounding of the 737 max is doing to the plane maker. the u.k. takes another step towards the brakes it back door is the european parliament approves its deal with the e.u. . and the e.u. stopped short of a 5 g. ban and then over the move that could annoy the united states. this is deja vu
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business i'm rob what's in berlin welcome along boeing has reported its 1st annual loss since 1997 the manufacturers continuing to suffer as a result of the grounding of its 7 $37.00 max model following 2 deadly crashes now is posted a net loss of $636000000.00 for last year that compares with more than $10000000000.00 in profit in 2018 boeing has taken a hit to revenue after it stopped delivering 737 maxes in march it's also expecting to pay out billions in compensation to ally customers. well let's speak to our financial correspondent in new york quarter thanks for joining us so some pretty dismal results from boeing but they weren't the worst in fact they were one of the better performers on wall street today how come. yeah that is clearly a certain surprise the stock traded to the upside by almost 2 percent well
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basically nobody expected a good quarter or a year from boeing to begin with by the way the stock price since the 2nd crash last year march is down by a good 25 percent of wall street is only interested what's going to happen with the 737 makes a plane in the near future and even if we still don't have a clear timeline obviously there is some optimism that at least by mid year those planes might be allowed to take of once again that's at least what wall street is betting on at this point. from the federal reserve rate on. what is derived powell say well he was also asked about the possible impact of the coronavirus and he said yes that could be a problem but it's far too early to tell by how much paul also talked about the
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debt situation in china so that could be a bit concerning there were no big surprises but you can't ignore then the longer jerome powell spoke the more wall street started to struggle at one point and the winds this session were up by about 200 points and by the end of the day nothing really got a lift from those early gains so a cautious fed overall i would say was no big surprise this overall thanks for the takes yens quarter our financial correspondent in new york. now u.s. president donald trump has signed a revised trade pact between the united states mexico and canada into law he hailed the u.s. m.c.a. as a tremendous breakthrough for american agriculture manufacturers and auto workers the deal updates and replaces the 26 year old north american free trade agreement or
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nafta as it's known it contains stricter labor rules this time which could move jobs from mexico northwards to the u.s. and canada the new deal also includes fresh rules on digital comus and technology industries that didn't exist to the same extent when nafta was 1st inked. germany's love tanzer group has joined other major carriers in suspending flights to china following the corona virus outbreak that killed over 130 people now who turns a swiss international and austrian our lines will avoid china until february the 9th of dancer will continue to fly to hong kong but take no bookings from mainland china until the end of february the carriers will fly one more time to their usual destinations to allow fast and just to take planned flights and to bring crew back home. now the european parliament has signed off on brics it any piece overwhelmingly backed the withdrawal agreement between the u.k.
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and the e.u. by $621.00 votes just $49.00 the historic occasion was marked by a rather poignant moments when members of parliament broke out into a rendition of a traditional style well song. britain is due to leave the european union on friday at midnight brussels time and so begins a new chapter for european trade. german machinery manufacturers have been hit hard by bricks that uncertainty has taken a toll on the order books and exports fell last year under a transitional arrangement the u.k. will remain in the single market in the customs union for the rest of the year after that the only to be an agreement in place. maybe by the end of this year we will have reached a basic agreement but this is only as a percentage of
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a real free trade agreement which needs to be negotiated much longer than only for a few months. these will be tough negotiations the parties need to establish whether or not to implement tyrus and how intensively goods will be examined at the board as britain wants to set its own rules and no longer be governed by e.u. regulations even regarding matters like social standards and the environment we expect from the e.u. that they protect the continent of business if the united kingdom plans to undermine the standards that we have achieved in the european union so if they are seeking optimization against the european union then we expect the european union to step and. german carmaker b.m.w. also expects a drop in sales figures if there's no deal by the end of the year in which case standards world trade organization trade rules would apply the u.k.'s b.m.w.
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factories employ many e.u. citizens what will happen to them must also be negotiated. as another setback for the us campaign to stop china's fall away from building 5 g. networks over worries of spying the e.u. is urging member states to screen supplies for security risks but it stopped short of any bans. the european commission says member states should consider banning high risk 5 g. technology suppliers from its most sensitive assets but. stopped short of naming china while way the company is the global market leader in 5 g. technology which in turn is considered crucial for the digital future increasing connection speeds and possibly revolutionizing medicine agriculture and energy grids 5 she will make a positive difference says margaret divest aga the european commission's executed
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fice president and digital economy chief but only if its networks could be secure as many critical services row depends on 5 g. ensuring the security of networks is of highest strategic importance where the entire european union. cyber security threats including the risk of interference by known e.u. states or state facts actors are becoming more sophisticated and more widespread the european commission is asking member states to assess the risk profile of 5 g. suppliers and apply restrictions when necessary whether or not that's the case while we remains to be seen. the e.u.'s decision mirrors measures approved by the united kingdom on tuesday both the u.k. and the e.u. a falling short on demands by the united states for a blanket ban for the chinese firm now everyone knows that smoking is bad for your
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health but the tobacco industry is still thriving in $29.00 global sales of cigars for example what worth $17000000000.00 for africa is worth some $900000000.00. a cigar lounge in the capital of mozambique it's a refuge for enthusiastic and ever growing middle class meets here to celebrate the pleasure of a good cigar. i started smoking cigars 10 or 12 years ago i tried bongani cigars recently and noticed they getting really good and it's nice to have a cigar that was rolled in mozambique made and produced here in africa. made in. bongani out of leaf comes from cameroon and the
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tobacco is from mozambique each cigar is rolled by head and it's a skill that needs to be learned the company employs 5 cigar rollers together they produce $10000.00 cigars a month. on our market bongani cigars involves a lot of understanding we feel like a family and we live that feeling in our work every day that's. the best in mozambique and in africa we hope we can bring them to the rest of the world it even one. in 2016 bongani sold its 1st cigar a single cigar costs around $13.00 about 10 percent less than a cuban cigar at the moment they are available in south africa kenya and mozambique cigar merchant leon kruger thinks they'd be big across africa. i don't think it'll take off else we. fall for the simple reason
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it's not really a to the cuban cigars there and also the nicaraguan dominican as well as on durance he goes. but yes it's it's it's not a bad to go in the nice. this year bongani is will be available in nigeria and after that launch they'll be exported to britain to the company hopes to become a favorite with africans working in the united kingdom. as a big week for colfer assenting zong wall street microsoft and tests are going to be releasing their earnings over the next few hours which is how facebook reports quarterly profits jumped $7300000000.00.
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greenland is melting and the buying craze has already begun the melting of the ice sheet in the country has exposed a valuable land to china in the u.s. already there and new companies are being sent out. on top is this a consequence of climate change. or an opportunity. honor of. being 60 minutes on d w. m c can the they were more
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than tired and in the end this is a me you are not allowed to stay here any more we will send you back. are you familiar with this. with the smugglers were. alliances of the what's your story 'd. i mean what numbers of women especially of victims of violence you. take part and send us your story we are trying always to understand this new culture. saw you are nothing to little or nothing yet you want to become a citizen. in so migrants your platform for reliable information.
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this is state of the news africa coming up in the next 15 minutes that dirty business that is kenya's waste disposal we'll take you to a landfill in the capital nairobi if that's a source of livelihood for put people but is run by and scrupulous criminal get the government's hands on teeny of that. and the south africans billionaire has apologized for telling us president donald trump that africa love stands there was outrage after his remarks but was it such a bad thing to say.

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