the company values its business contracts over the fight against climate change that are more of mexican business with to stick around for the record. india. how can a country's economy grow harmony with its people parliament. when there are do look at the bigger picture. india a country that faces many challenges and people are striving to create a sustainable future. clipper projects from europe and. the kochi india on t.w. . people for information

provided. the means they want to express g.w. on facebook and twitter to cope today in touch follow us. shame on v.m.s. that's a message and viral mental groups have brought with them to protest that the company's annual shareholders meeting they say females values contracts over climate protection. and to tell us what they say no thank you the plan gigafactory near berlin is running and some local opposition. this is the w. business on john l. the on in berlin siemens chief executive joe k.'s are faced angry.

environmentalists at the group's annual shareholder meeting today the industrial giant has faced heavy backlash from its infrastructure deal for railway links all coal mining project in australia at a time where the bushfires raging across the country are making global headlines. as demonstrators joined hands outside the munich venue to protest siemens environmental record shareholders in europe's biggest engineering company were keen to learn the financial details orders and earnings were lower in the 1st quarter. but before c.e.o. joe kayser could address siemens results he had to deal with the environmental issues he told media it was grotesque the project in australia had made siemens a target of environmental protests that doesn't change the fact that the signal equipment we delivered ensure a safe rail transport and is irrelevant to the overall operating of the controversial mine is his. kayser is in his last year at the helm and is attempting a major restructuring of siemens which makes everything from trains to wind

turbines siemens reported steady profits despite a drop in orders in the october to december period weighed down by weaker performances in the also in energy sectors sluggish results for its when business could hinder siemens bid to launch a new energy company with plans for siemens energy to go public later in the year the company also saw a weaker than expected 1st quarter profit in its flagship digital industry's business. well earlier my colleague ben physical and spoke to our correspondent stephen beardsley at the siemens analyst general meeting and put it to him that caves are seemed unimpressed by the protesters. not so much been showing contract at the center of these protests is really a done deal and that's a message that was loud and clear here we are here in munich though there is a lot of controversy surrounding it still and much of that controversy surrounds kayser himself and how he handled the whole situation of course scarce a case or saying in summer that he would reconsider the deal the $18000000.00 euro

deal that's all the participation in this coal mine project. people here frankly a lot of shareholders here didn't like that they didn't like the doubt that he injected into that contract they said what would that mean for clients in the future would siemens be trustworthy and of course on the other side those who believe that siemens should have never participate in that contract in the 1st place calling it a black eye so qasr in particular has come under fire for the way he's handled this but he's also said that he's conflicted or that he sees the issue as not black and white and he even muse out loud during the proceedings here but what if we were to build a headquarters for rio tinto for example the world's largest mining corporation and what if that were to be a sustainable energy efficient building because the client is a dirty you could say clients in the sense that they contribute to emissions what does that mean overall for us should we be prohibited from serving them so is the questions aren't as simple as they're made out to be. tell me it is very complicated and i understand where both the sea and his company

a coming from i just found it very interesting to read the disease plans to become climate neutral at some stage how's it going to achieve something like that when it back such protests. will seem and says it's already halfway through its goal of climate neutrality actually the original goal was 2030 it says it can achieve it by 2025 and here's the key been it's not going to count emissions from its projects or from its clients at least it considers the emissions from the adani coal mine which are significant as we heard the report those emissions belong to the client and not to siemens it also points of course to its growing renewables business and that is something that shareholders also support they say look the future is indeed going to have to be a lot more climate friendly and siemens should lead the way there but really that's not something that a lot of protesters here want to hear this is really to cross-currents meeting here those who say the urgency is such that action must happen now must drop some of these projects. that

a lot of shareholders that you talk to frankly say that may be true but you don't just do that all the sudden we have a responsibility not only to the environment but to our employees and to our investors and those the 2 crosscurrents that are really meeting here and i think we're going to see the flash point more and more across germany as it tries to reckon with its industrial might on the one hand and its environmental concerns on the other stephen thank you very much for the update. and speaking of protests temporarily shut down its london headquarters after greenpeace climate activists block the entrance to the building on chief executive bernhard looneys 1st day in office greenpeace demands that the oil giant and its commitments to fossil fuels the ngos has police arrested 12 protesters in a statement b.p. said its c.e.o. shares that quote deep concerns of the activists. and we've taken our across the atlantic where invest. have had a day to digest president donald trump state of the union address where the u.s.

has economic success figured quite heavily our financial correspondent yan's carter joins us now again so did investors buy it. well we do not even need to words from u.s. president donald trump and the wall street was focused on affects your on when state from economic numbers to the private sector in general almost 300000 jobs created the most since may of 2015 and this figure was almost double as high as expected there were some seasonal factors or better to say some unseasonal factors that play we had a very warm and dry conditions here in the united states that for example helped the construction industry but since u.s. president donald trump took office and generated 27. 6.7000000 jobs created we can. talk about how good those jobs are paid but

overall the labor market seems to be sound and that certainly it did help to drive the stock market higher blue chips are up by almost $500.00 points so we're basically back where we started before the whole coronavirus started to put pressure on the markets it was like a bad dream there on wall street for us thank you. german sports retailer is closing a considerable number of shops in china as the corona virus continues to spread and still assessing how big an influence it will have on business several other global brands have announced the closure of some of their own stores in the country they include nike ralph lauren and capri which owns clothing brand michael kors experts fear the virus could have a major impact on china's economy with knock on effects for the rest of the global supply chain. and coronavirus contagion fear hit india too where the

country's biggest auto show saw hundreds of no shows from china chinese automakers say their stands are being staffed by indian employees china is an important player at the exhibition with companies from the country looking around 20 percent of the space organizers say the absence of a big chinese delegation is a blow to the week long auto show attracts hundreds of thousands of visitors and officially opens friday. at the end of last year tesla c.e.o. elon musk announced the carmaker would build a manufacturing plant near berlin the so-called gigafactory 4 is to produce batteries and power trains for up to $500000.00 electric cars a year for the european market but not everyone is happy about the new neighbors it's hard to believe that just months from now this pine forest in the state of brandenburg will be the site of tesla's gigafactory for authorities are still

defusing unexploded world war 2 bombs here but the far this has to be cleared quickly because in march the growing season starts and then tree felling is not permitted. ever since it was announced that tesla would build the factory here the southeast of berlin has been up in arms me. opponents of the project are worried about the changes tesla's production site will make to their community and the environment in response tesla basilan musk tweeted a promise to keep production sustainable but the protesters aren't convinced. because in does your clip there with you this very critically because where the gigafactory is slated to be built is a drinking water preservation zone and it will have a massive effect on the water situation. a huge area of forest has to be cleared and that means they'll be more traffic in the surroundings and more emissions with a negative environmental impact. i'm pleased you get the knife was off to. our

nicholas yani the mayor couldn't hide it is familiar with the protesters arguments but he doesn't accept them. he says ultimately the factory is supposed to turn out half a 1000000 electric cars a year and for that he's prepared to sacrifice the trees. but i mean someone came up with a good comparison of the plant grain to harvest it later in the year it's the same with this forest it can be harvested it's harvest ready substandard pine forest that's the forestry term for it all. tesla signed the purchase contract with the state of brandenburg in late january and since then going heidi has been making headlines even the new york times has reported from here the mayor is looking forward to the tax revenues to billions of euros in investments and thousands of new jobs. that's a viewpoint shared by the fans of tesla's project they're out here in force to show

what a great opportunity this could be for clean haida. matesic more i'm sure tesla will adhere to environmental standards and not on the other hand i mean the union and we realize that there are questions about working conditions that will need to discuss with tesla in the upcoming months that you want to test as good should most of the mix and we're not. now the big rush is starting transport links to berlin need revamping new housing and schools are needed and tesla still doesn't have a building permit the approval process is ongoing. and that's it for me and of the business team thank you so much for watching.

to brothers in slovakia called to tweet corruption to the. money and culture of a businessman accused of hiring a hitman i'm going to caution our company owner fighting for democracy. 2 brothers who couldn't be more different and they're torn country some good strong combed the 60 minutes. today don't miss

our highlights. program. w dot com hard. not to think that well i guess sometimes i am but i say laughing when the. thinks deep into the german culture of looking at the stereotypes aquatics put in here think the future of the country that i not. needed to the fullest growing day on the east coast it's all doubt. ok look i my job join me to meet the gentleman from d.w. . post. were systematically robbed by the nazis. and after that nor there were no signs of compensation. jewish or collectors and some on her 3rd right didn't steal all these hard words just to get more money it was truly everything connected to church culture today researchers are searching for

the missing works of art. exchanging for the experts. and painful for the descendants. of the soul must. be torture and the 3rd reich starts feb 10th on d w. this is africa coming up in the next 15 minutes the 1st lady wanted all made up to this little surprise i have had but it has been charged with a killing her husband's 1st wife canada's prime minister had gone to college. at 5 africa's president sold on the force as promised economic growth although kept the rolled off foreign investment to head off a visit by germany's chancellor i'm going to match. then that sucker i get me that's changing the lives of underprivileged children.