tv Business Deutsche Welle January 30, 2020 12:30am-12:45am CET
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every journey begins with the 1st step and every language with the 1st word courage because. rico is in germany to learn german why not with him it's simple online on your mobile and free apps d w z e learning course nikou speak german made easy. boeing results to send to the 1st annual last for over 2 decades yet another sign of the damage the grounding of the 737 fax is doing to the plane. nothing sacred markets even the masks for combating the coronavirus to see prices rocket. and the u.k. takes another step towards the back door as the european parliament approves its deal with the. this is the doing business i wrote in berlin welcome
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a lot. boeing has reported its 1st annual loss since 1997 the aircraft manufacturer is struggling following 2 deadly crashes of its 737 model now exposed to the net loss of 636 $1000000.00 for last year that compares with more than $10000000000.00 in profit in 2018 boeing has taken a hit to revenues after it stops delivering $77.00 matches in march after the planes grounded world wide so it's expected to pay out billions in compensation to airline 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. you know that is clearly a certain surprise the stock traded to the upside by almost 2 percent or well basically nobody expected a good quarter or
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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 and once again that's at least what wall street is betting on at this point. from the federal reserve rates on hold what is derived powell have to say. well he was also asked about the possible impact of the corona virus 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 that there were no big surprises but you can't ignore that the longer jerome powell spoke the more wall street started to struggle at one point in the way and this session we're out by about $200.00 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 to the. financial correspondent in new york. and staying on wall street tesla stock has hit an all time high after the company posted its 2nd quarterly profit in a row the electric car maker saw record sales during the last 3 months of 2019 and expects to deliver hof a 1000000 vehicles this year tesla shares jumped 6 percent on the news facebook has also post of course of the results it beat many estimates with its $7300000000.00
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profit and microsoft similarly has passed expectations with earnings up 28 percent year on year. now germany's left hands a group has joined other major carriers in suspending flights to china following the corona virus outbreak that's killed over 160 people now live to answer swiss international and austrian airlines will avoid china until the 9th of february done so will continue to fly to hong kong but take no bookings from mainland china until the end next month carriers will fly one more time to that destinations bringing back some passengers along with crew. now as the corona virus spreads demand for protective masks is surging in the country's west affected many shops have run out others jacking up prices officials have slapped some stores with fines for overcharging customers. standing in line for
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a little extra protection surgical face masks are flying off the shelves in pharmacies and they're for sale on virtually every street corner with parts of china stricken by the corona virus people are looking to protect themselves at any cost i think it is not a problem often tries it is to problem for it because right now what the drug stores slowly it is just too early without you know already have an ethos is why they are using. high prices have some chinese citizens looking for masks in play. is further away but even in tokyo many shelves are empty help my friends my son that's my family's. china that's very expensive. here. with airline and bus travel partially shut down
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and repeated government warnings of further contagion the coronavirus is a real boon for some ask manufacturers. sales fell last week or about 3 times as much as the previous week and if you go on a year on year basis sales have doubled even though last year we had a big case of influenza. so while some mask makers are counting their profits the rest of the economy could be in for a rough ride according to one japanese economist. of course there are some positive affects on masts and other retailers selling things to protect yourself against the virus but on the other hand there's negative affects for every nation related companies for railways and focus medic makers the chinese tourists usually like. as for china the government has already warned that the coronavirus will impact the country's gross domestic product and
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add to current economic worries. the european parliament has voted through the brics it withdrawal agreement historic occasion was marked with members of parliament breaking out into a rendition of a traditional scottish well song. of the. e.d.t. . i am pretty sure ends on friday at midnight brussels time the nitty gritty negotiations of a mooted free trade deal are expected to get underway and much. german machinery manufacturers have been hit hard by press 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 there are only to be an agreement in place. maybe by the end of this
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year we will have reached a basic agreement but this is only as a percentage of 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 iraqi lation 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
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standards world trade organization trade rules would apply the u.k.'s b.m.w. . factories employ many e.u. citizens what will happen to them must also be negotiated. now everyone knows that smoking is bad for your health but that's about the industry still thriving in 2019 global sales of cigars worth $17000000000.00 for africa it's worth some $916000000.00. cigar lounge in my puto 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. b.c. . i started smoking cigars 10 or 12 years ago i tried bongani cigars recently and noticed they're getting really good and it's nice to have a cigar that was rolled in mozambique made and produced here in africa. made in
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africa maybe mozambique. bongani out a leaf comes from cameroon and the 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. and find more of our kids bongani cigars involves a lot of understanding we feel like a family and we live that feeling in our work every day that's my bunk and he guys are the best in mozambique and in africa we hope we can bring them to the rest of the wallet and even when we are. in 2016 nice 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
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. and finally some good news here on d w. new business from one in mexico where farmers are having some success restoring the region's declining be the population they planted a new field of nearly a quarter of a 1000000 sunflowers on land left barren by drought local b. populations have dropped as a result of corn and chili fields laced with pesticides and 2000 species of bees are at risk in mexico but the new sun plows should go at least some way towards helping. and that's it for me in the business gene here in berlin from or to check out our website dot com slash business you can also find us on facebook and twitter go by.
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i'm not i think the general well i guess sometimes i am but is there nothing when. the german thinks deep into their jemma culture of looking at stereotypes but if you think the future of the country that i don't. even seem to think fit is drama there you go it's all about. bob i'm a joke join me to meet the gentleman from d w post. in the. climate change.
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the specifics. people. want to do years do they have their future. d.w. dot com or chemical city the melting. could sure. to . change the world. the cry for freedom and the fight for freedom were always accompanied by music. they transcend dreams and bring us all together. our 2 part documentary about the revolutionary power of music. martin john the
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songs become pieces of history. the songs like that don't go away but stay with us for all time like. the sound of fresh starts february 7th on w. . the lineup for the berlin international film festival is finally out we'll see what movies have a shot at this year's top prizes and also on the show. pablo picasso was a revolutionary even when it came to how he used paper an exhibition at london's while academy takes a fresh look. and the painter frida kahlo features in a new board game the game tests players knowledge of great women in history.
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welcome to arts and culture now the red carpet isn't rolled out just yet but the anticipation is growing for the 70th berlin international film festival hundreds of movies from around the world are set to screen at the ballet nala next month but only 18 of them are eligible to win the coveted golden bear award and the festival's new leadership has finally revealed which ones. 70 years of the barely know it's a story with big stars and big films. the story continues with the new festival director duo carlo shot play on artistic director and money at least in the executive director in charge of business. a 1st look at the films and competition when there's a strong.
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