Skip to main content

tv   Business  Deutsche Welle  February 13, 2020 12:30am-12:46am CET

12:30 am
to close the conflict. in 60 minutes. and. learn which courses. to do you or your. w. . the. big tax versus big regulation google takes the european union to court to contest the billions of dollars in fines it's have to pay for trust violations the case is being seen as a major test of the e.u. tough stance toward some of the industry's biggest names. and it's a big deal the european union signed the trade agreement with vietnam the largest
12:31 am
ever pocked with an emerging economy but will it help counter china's dominance and the region. dishing up the dirt farmers in germany are bracing the move towards organic produce by cultivating the perfect conditions for nutrient rich soil. this is a business i'd take ferguson welcome it's a bottle that dates back a decade and could shape the european union regulates big tech in the future google is taking the block to court to contest the billions of dollars it's been fined for on t. trust violations the case is being seen as a major test of the e.u.'s tough stance towards big corporations. how about a trip to paris you might want to book a cheap hotel whenever you put your destination into google and look for hotels it's the search engines own choices that top the list including price comparisons further down you get offers from comparison sites like trip advisor all booking dot
12:32 am
com they feel google is putting them at a disadvantage the e.u. commission saw it the same way and in 201700 the online giant a 2400000000 euro fine. who has used its market dominance as a search engine by giving illegal advantages to another google. its shopping comparison service because now the company is taking legal action at the e.u. 2nd highest court in luxembourg. google is appealing to further huge fines totaling 8200000000 euros those also came from the e.u. commission of the past 3 years google's c.e.o. say's the fines are excessive. sensible regulation must also take a proportionate approach that it's important arms where social opportunities this is especially true in areas that are high risk and high value the hearing in
12:33 am
luxembourg is said to last 3 days but the verdicts could take several more months for more let's cross right over to the detail because financial correspondent dan squat on wall street yes hi yes there you are how are investors the ewing google's chances in this case. well if you take a wall street as an indication then the tech companies do not have to be concerned too much at this point all of the big u.s. tech names are trading basically record highs this clearly is an important case because it could set the tone and pays for other cases against companies like facebook amazon or pulled but verdict probably won't happen before early next year and then google even could go into another pealed so this decade long case is not over any time soon as it seems and i guess the european union has
12:34 am
a reputation for being tough on big tech names like google and regulatory environment in the united states is very different though how do you explain this ideological divide. well no offense but there are not really any super big european tech names so most companies we're talking about here are american corporations so it's not a big surprise that the u.s. administration is less keen on going after their big tech companies having that said there is actually a certain political movement in the united states especially on the democratic side some of the presidential candidates who actually are looking to actually split some of those take companies but having that said for now those companies are getting even bigger as we learned here on wednesday facebook is what's actually for the 1st time. more than 2000000000 users
12:35 am
worldwide and class on wall street thanks so much for your insights. and meanwhile the e.u. has signed off on its biggest ever trade agreement with an emerging economy the deal with vietnam approved today in the european parliament will slash tariffs on goods and services and will further cement vietnam stay says as an upcoming economic player but there are concerns that sports should soon get cheaper for european buyers german sporting goods maker added us has been producing sneakers in hoochie minh city for years footwear is a big export for vietnam with 15 percent of all germans walking on shoes made most goods leave the country via high func port the e.u. imports products worth around 38000000000 euros from vietnam not just jews there are a lot of electronics and agricultural products and european cuisine might be
12:36 am
a bit less spicy without vietnam as it accounts for nearly half of all pepper imports. the agreement now means the end of virtually all tariffs on bilateral trade the benefit of the room and so many preferential access to a vibrant to come trying to be of almost $100000000.00 people removal of non-tariff barriers for exporters which they courtly face for example on cars wines and spirits the vietnamese side says it will comply with international labor and environmental standards this also includes the founding of independent trade unions so far impossible in the communist state. the world's biggest mobile island telecommunications trade so the mobile world congress has been counseled a growing number of exhibitors announced their withdrawals citing concerns about the coronavirus the cancellation is a major blow for the tech sector which uses the annual event to launch new products
12:37 am
it's also a blow to the tourist industry in the whole city of barcelona organizers are reportedly facing a $100000000.00 euro cancellation bill. now to some of the other stories making news around the world. oil cartel opec is considering causing i put to you the coronavirus the group believes demand for crude will be significantly lower this year than previously thought that is due in part to waiting to mont in china opec has yet to bring forward its early march meeting to discuss the cups. british oil giant b.p. says it will make drastic cuts on carbon emissions by 2050 as part of the biggest overhaul in the company's history new chief executive bernard looney says the company must change profoundly because the world is changing fast so our society's expectations. german chemical firm b.s.s.
12:38 am
is building a factory to make electric car batteries the size in the state of brandenburg near the capital berlin will be based just 100 kilometers from tesla's 1st european factory both sites will open in 2022 b.s.'s expect to make enough box these to equip 400000 cars a year. now we all know that good things take time and that's certainly true when it comes to food as farmers grapple with climate change and other environmental challenges the focus is shifting more towards sustainable organic yields in our next report will meet a farmer who spends 30 years cultivating the perfect blend of high quality nutrient rich soil. brussel sprouts one of the few vegetables harvested in the middle of winter in the german state of time near the danish border there's been a lot of rainfall and the plants did well. the organic brussels sprouts are top
12:39 am
notch thanks to the high quality soil that we have a relatively long harvest especially for brussels sprouts we've picked up until march and that comes from taking good care of us soil just going to. the land belongs to the organic farmer had includes and he's been building up humus or the organic component of the soil for 30 years now he regularly has his soil tested today by agrarian engineer so you dream on the dock consistent color and the presence of worms in the soil are good signs. must not asses all my stuff the 1st test you do is to just smell the soil to see if it has a nice sweet earthy aroma. good important global hot doesn't know or goal so that we have great organic harvests but the decisive factor is the soils ability to supply the nutrients at the exact moment that the plant needs that you know and
12:40 am
billick then we can have high organic crop yield. good soil can produce conventional size harvests. the burden off the convent and let's say you're putting knutson tries out new methods 1st at his home and then he brings them out onto his $111.00 hectares of farmland. for example compost tea he mixes compost with water then lets the mixture sit for 24 hours after that he brings it out onto the field the mixture is simple to make and saves money just as the situation's always getting harder for farmers the climate extremes are getting worse more drought floods we need the humus to improve the soil so that the location remains productive something just by leaving the soil alone humans can be created too but that can take decades having newton was able to increase his ground cover by 15 centimeters within a year that absorbs 50 more tons of c
12:41 am
o 2 annually. airbus has unveiled a test model of what it believes could be the passenger jet of the future dubbed the maverick it features a revolutionary design that sought to be 20 percent more fuel efficient than the processor jets they use today airbus claims that would give travelers a totally new experience one of the challenges was making sure those on board wouldn't be thrown about too much when the axe cop takes a turn. it could be a bumpy ride and that's it for me and the business team here in berlin you can get more on our website that details the dot com slash business we're also on social media do feel free to drop us a line on facebook and twitter for me as go by and take a. dump
12:42 am
truck show. strong. clear positions. for. every week we get to the point to our current topic. coming. to the point. of.
12:43 am
liz lee. listen carefully. simply to listen to get. plenty discover the a lead. live. documentary to. plato is for me plato is for you. live it's for helen's beethoven it's for her live.
12:44 am
is for the. beethoven is for. plato for his forelegs. beethoven 202250th anniversary here. this is british irish violinist daniel hope. playing a piece from his brand new album talk at was morgan by richard styles daniel hope will be my guest in just
12:45 am
a moment welcome to the show. well he's one of those musicians who can literally do it all a virtue also from early childhood daniel hope does about 130 concerts a year as a soloist and as a guest conductor he talks about music on his own radio show he writes about it he's deeply political and he even calls himself a musical activist i'm a learn a lot more about him right after this. daniel hope one of his regular concerts in berlin playing an instrument that was made in 1742. for hope history comes alive through music. at a recent concert he spoke of his german jewish grandparents. you know my family came from berlin and they had to leave poland in 1038 so for me it's about going back and say it's a history more than politics is about history i think in remembering history and of
12:46 am
course there are parallels between you know.

29 Views

info Stream Only

Uploaded by TV Archive on