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tv   Business  Deutsche Welle  January 30, 2020 4:15am-4:31am CET

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if they keep us there the 1st pandas to be born in germany their mother is of course keeping a close eye on the proceedings but when zoo is getting ready for a busy day as fans flock to see the city's new cubs firsthand. i did open a business is up next with the robots including the latest on boeing's troubles remember to keep up on our website w dot com thanks for watching. they were systematically robbed by the nazis. and after the war there were no signs of compensation. jewish hard collectors got caught and now sold mine. today researchers are searching for the missing works of art so painful process for
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the descendants looted art. stores for viewer return on t.w. . what secrets lie behind these walls. discover new adventures in 360 degree. and explore fascinating world heritage sites. g.w. world heritage 360 getting up now. boeing results to send to the 1st annual last forever 2 decades yet another sign of the damage the grounding of the 737 backs is doing to the plane make. nothing sacred on markets even the masks for combating the coronavirus to seeing prices rocket. and the u.k.
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takes another step towards the back door as the european parliament approves its deal with the e.u. . this is doing business i wrote lots in berlin welcome 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 737 matches in march after the planes round of world wide so also 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. here that is clearly
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a certain surprise the stock traded to the upside by almost 2 percent or well basically nobody expected a good quarter or a year from boring 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 planes 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 rate on hold. well he was also asked about the possible impact of the corona virus and he said yes that could be
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a problem but it's far too early to tell by how much paul also talked about the 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 in this session which is 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 half a 1000000 vehicles this year tesla has jumped 6 percent on the news facebook has
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also pace of course of the results it beat many estimates with its $7300000000.00 profit and microsoft similarly has past expectations with earnings up 28 percent year on year. now germany's luft hamzah group has joined other major carriers in suspending flights to china following the corona virus outbreak that killed over 160 people now left ancestress international and austrian airlines will avoid china until the 9th of february of tons that 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 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
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have slapped some stores with fines for overcharging customers. standing in line for 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. see because right now. it is just to live without you know if you have a few ounces i think you'll see. high prices have some chinese citizens looking for masks in places further away but even in tokyo many shelves are empty how my friends my son that's and my family's. in china that's a very expensive. little. mess. on
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our hands. here is an. easier life. with airline and bus travel partially shut down and repeated government warnings of further contagion the coronavirus is a real boon for some mask 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 have been. so while some ask makers are counting their profits the rest of the economy could be in for a rough ride according to one japanese economist. market. of course there are some positive effects on masts and other retailers selling things to protect yourself against the virus but on the other hand there's negative affects for education related companies for railways and focus medic makers the chinese
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tourists usually like. as for china the government has already warned that the coronavirus will impact the country's gross domestic product and add to current economic worries. european parliament has voted through the brics it withdrawal agreement the 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 thought i. was 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 pricks it uncertainty has taken a toll on the order books and exports fell last year under
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a transitional arrangements 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 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 gets will be examined at the board as britain wants to set its own rules and no longer be governed by irregular ether 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 plants to undermine standards that we have achieved in the european union so if they are seeking optimization against the european union then we expect the
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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. . 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 is still thriving in 2019 global sales of cigars worth $17000000000.00 for africa it's worth some $916000000.00. cigar lounge in hutto 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. round i started smoking cigars 10 or 12 years ago i tried bongani cigars recently and
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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 africa maybe more than we. can afford bengalis out relief 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 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 among the best in mozambique and in africa we hope we can bring them to the rest of the world and even if we have. in 2016 only sold its 1st cigar
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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 . and finally some good news here on d w. new business from what 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 risk in mexico but the new sun plows should go at least some way towards helping. and that's it from a in the business chain here in berlin for more to check out our website the way dot com slash business you can also find us on facebook and twitter combined.
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conflicts straight from a sister's fresh food bill nigeria's government sponsored by the international community of serious human rights abuses i guess this week europe is lying mahmoud the country's information minister how does he defend against the country's many
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critics for me ever to. be so compelling the food. of. greenland is melting in the buying craze has already begun. the melting of the ice sheet in the country has exposed a valuable land of china and the u.s. already there and new companies are being set up. welcoming tongues is this consequence of climate change a threat or an offer to. focus on europe last in 60 minutes sunday doubling or. more. closely. carefully
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i don't know just simply being nice to get going. actually. discover the. place. to subscribe to a documentary on. i think there have been a lot of. mysteries in tissue when it comes to feel depressed when doing extremely very well you ranked 120th out of 180 countries some of glorious record as it were in the store and things of a lot of ignorance and a lot of thought this chief law is something has to be that you'll cover that down that you have of the disposal that it does that it is
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a true and has been taken care of despite promises to respect the rule of law nigeria's government stands accused by the international community.

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