tv Business Deutsche Welle February 6, 2020 4:15am-4:31am CET
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his legacy is not going to fade anytime soon. you're watching news from heaven they'll be more at the top of the hour coming up as d.w. business reads my call me. and you get all the latest news on our web site which is called i'm jarred for it thanks so much. for. what secrets lie behind the wall. discover new adventures in 360 degree. and explore fascinating world heritage sites. world heritage 360 getting up now. in southern napalm
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250 blind people are about to see again lassie is one of them group of the moment and then caused clinic is being set up in the tunnel complex. and the next day. can you see if you see anything but a reporter on the move with him a police officer most just stopped through it seeing the light starts february 8th on t w. the big. shame on v.m.s. that's the message and environmental groups brought with them to protest at the company as companies add to all shareholders meeting they face events values contracts all for climate protection. to tough law they say no thank you the plan to take a factory near berlin is running into some local opposition. this is
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day w business i'm joined now the wall. and in berlin welcome siemens chief executive joe kayser faced angry environmentalist's up the group's annual shareholders meeting today the industrial giant has faced heavy backlash from its infrastructure a deal for railway link to a coal mining project in australia at a time where the bush fires are raging across the country made 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 was grotesque the project in australia had made siemens a target of environmental protests. that doesn't change the fact that the signal
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equipment we delivered ensure a safe rail transport and is relevant 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 study profits despite a drop in orders in the october to december period way 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. and speaking of protests b.p. has temporarily shut down its london headquarters after greenpeace climate activists block the entrance to the building on chief executive bernard the 1st day in office greenpeace demands that the oil giant and its commitment to fossil fuels began geo says police arrested 12 protesters in a statement b.p.
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said it c.e.o.'s shares the quote deep concerns of the activists. and we've taken our cross the atlantic where investors 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 younes carter joins us now yes so did investors buy it. well we do not even need the words from u.s. president donald from wall street was focused on affects here 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 have a very warm and dry conditions here in the united states that for example helped
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the construction industry but since u.s. president dollars. 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 virus started to put pressure on the markets was like a bad dream there on wall street for us thank you. thurman sports retailer is closing a considerable number of shops in china as the coronavirus continues to spread its 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
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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 knock on effects for the rest of the global supply chain. and coronavirus contagion fears hit india to 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 booking around 20 percent of the space organizers say the absence of a big chinese delegation is a blow to the. hundreds of thousands of visitors visitors and officially opens friday. at the end of last year tesla c.e.o. yvonne must announce the car the car maker would build a manufacturing plant in the air berlin the so-called gigafactory 4 is to produce batteries and power trains for up to 500000 electric cars
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a year for the european market but not everyone who 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 forest 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 tonight a 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. he is in does the uk literally through this very critically because where the gigafactory is slated to be built is a drinking water preservation zone and it will have
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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 interest you get the life was off. our nic 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 trillions. i mean someone came up with a good comparison if you 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. for tesla sign the purchase contract with the state of brandenburg in late january since then khun heidi has been making headlines even the new york times has reported from here the mayor is looking
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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 going high this. matesic near moore i'm sure tesla will adhere to environmental standards on the on the other hand i mean the union and we realize that there are questions about working conditions that we'll need to discuss with tesla in the upcoming months that he wanted to start a school children sitting next to the one on. now the big russian starting transport links to berlin need revamping new housing in schools are needed and tesla still doesn't have a building permit the approval process is ongoing in shanghai the u.s. carmaker just completed its gigafactory 3 in less than a year but brandenburg is not china here many stakeholders in society have a say. germany is phasing out nuclear energy hoping to replace it with wind
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and solar in the long run but previously generous government support for the wind sector is waning amid complaints by angry residents and lengthy approval times to a large wind turbine makers have already folded. there are still some big construction sites for wind parts left in germany. like here in mecca the book 4 palm and. 16 windmills are being constructed in spite of the heavy fog as. it all depends on the wind and weather like today at 1st you couldn't see anything so we couldn't work the workers here ever learn to deal with the fog on the site it's the political climate that's giving them problems the german government is causing everyone to worry berlin has put a damper on the sector protests and legal battles have delayed construction licenses there are hardly any contracts in sight. but energy producers like
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nordics in rostock are set up to serve domestic customers. as our generators are of course relatively heavy these components that we deliver way many tons so we want to produce them close to where they'll be standing that's the way it is the delivery chain leads to where the markets are and unfortunately those markets aren't in germany anymore all the other markets are doing relatively well but the german market is at an absolute low point. that it's the markets the moment. absolutely on the. other when technology suppliers like send me on hand to declare insolvency the german wind energy association says politics are threatening a growth market. and it's that the art of german engineering is anchored here we are world market leaders but we're in the process of eliminating this opportunity at home the german market is losing its relevance there's no reason to
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try and be active here that's exactly what energy company nordics did. the company has just one large contract in turkey. we suffered for years in germany at one point we realized we had to start exploring new territory the losses at home could be regained in other markets on the matter doesn't often come in german projects such as this wind farm in northern germany are rare for nordics these days 97 percent of their orders come from all around europe scandinavia and america but also new markets like india. and that's it from us thanks for watching.
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the conflict zone here in london it's still all about rex rex a threat suit to break up the bricks of what we all sinful was making our own decisions and steering our unshipped we want to stay friends with our british neighbors streps it is it is bad company so special this week we'll look back at some of the key arguments that have shaped this often going great threats it debate
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conflicts. next on. w. . 2 brothers in slovakia caught between corruption in chasing. money and costs not a businessman accused of hiring a hitman. even on a car charge the cafe owner fighting for democracy. 2 brothers who couldn't be more different and they're torn country some kids under a. 160 minutes. were systematically robbed by the nazis. and to go after them nor there were no signs of compensation. jewish art collectors cotton and announced some on her
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3rd reich didn't steal all these more words just to get more money it was trolling when they can be saying come next to jewish culture today researchers are searching for the missing works of art. it's challenging for the experts. and painful for the descendants. to sell money. to dart in the 3rd reich starts feb 10th on t.w. . the folks. here in london it's still all about bricks it bricks it's bricks it strikes it debate the analysis on what bricks it really means is still out bricks it bricks it what we opted for was making our own decisions and steering the right ship for exit back cigarettes if we want to stay friends with our british neighbors bricks at bret's it drives it is bad i have to defend the interests of european citizens the fact that referendum has been hugely divisive in this country and
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