this is the journey back into the history of slavery i think will truly be making progress when we all accept the history of slavery as all of our history. our documentary series slavery routs starts march 9th on t w. come the chinese economy balance back after weeks on lockdown beijing wants to get back to business but the government's efforts to contain the corona virus spread continues to humperdinck anomic activity. is also coming up with case numbers growing in italy germany and spain more and more e.u. member states are considering taking on more debt to fight the economic fallout from the coronavirus epidemic. and german chemicals giant bio posts better than

expected profits for 29 teams but remains in tangled you know a massive wave of costly lawsuits over the weeks kill that brown dot. com to do business like a johnson berlin good to have you with us i was starting with a look on the markets european stocks opened 2 percent down this morning due to mounting concerns about the spread of coronavirus on the continent the virus is highlighting the fragility of the global economy affecting the circulation of shipping containers interrupting supply chains and affecting consumer confidence and the biggest losers right now are airlines easy jet has seen its share price plummet losing 20 percent of its value since last thursday's close though it's not the worst affected you know we've seen a 38 percent decline in its share price over the same period. of the groan a virus has also reached to several states here in germany however the number of

confirmed cases is still limited but in a statement a german health minister again sponsored he expects the virus to spread further if unknown some but you know we are at the beginning of an epidemic of the corona virus in germany and the new cases north rhine-westphalia and bomb rittenberg are a sign of this fact and it is currently not possible to accurately trace its broad based not to for its. let's cross over now for more to our financial market correspondent chelsea delaney in frankfurt listening to the german health minister there one wonders is or are german businesses are they ready to tackle the coronavirus crisis in the way the china house. companies are really trying to get emergency procedures and police but there's really only so much that can do if we do see those sorts of business shutdowns quarantines walk down that have been put in place and china but

a lot of companies are thinking about remote work our money for example in italy near the heart of this outbreak has put workers on remote leave there are other companies like georgia bank and siemens here in germany have canceled business related trips to italy and other parts of asia and you mentioned the airline industry that's one of the sectors that's really taken the most dramatic steps so far lift. and also the operator of the frankfurt airport here have both said that they're putting employees on unpaid leave they are going to be cutting costs so i think the businesses are really trying to steal themselves for the impact here and of course we've seen strong market reactions we could see the docs behind you also . gain trading so many driven by the coronavirus right now. it's really all anybody it's talking about this week there is sort of a sense of panic in the markets and i think that's in part because markets have

been quite complacent on this arrest up until monday last week stocks were at a record high both here and for the president and the u.s. investors really thought this disease outbreak would be contained to china and now they're really having to face the prospect of a truly global pandemic that could touch really all parts of the economy of the business world so i think that's really the focus is going to continue until we have a sense of there's this outbreak getting under control now maybe i'm desperate she aggressed me for straws but could there be an app side to it at least when we look at the stability pact in the europe some companies may now be able to take up more debt just briefly. yeah that's definitely a prospect here italy has been really in focus with that because they have a huge debt burden already it's about 140 percent of g.d.p.

they're really hoping that they will be able to get some flexibility from the e.u. so they can do things like tax cuts and support the businesses to help them contain the economic damage to chelsea delaney there reporting from the front of stock exchange thank you so much. now while the corona virus outbreak started in china there's now some signs of hope there 30 percent of the country's businesses have now restarted operation and markets are up on news that the central bank announced stimulus measures designed to offset the economic fallout from the coronavirus now for some help can't come soon enough the shopping district of new han one month into the coronavirus crisis some of the shops will probably be out of business for good. experts believe that many of china's small and medium sized businesses won't survive the corona epidemic. it's a heavy blow for around 80 percent of chinese workers who depend on such companies

for employment to me of how far into. father the government is taking action in the hopes of saving those jobs each year a prime. mistake councils executive meeting has decided on the temporary extension of loan repayments and on raising preferential loans. good arrangements have also been made to increase support for home based companies. should you. and i do hobble for with small and medium sized firms as well as all businesses in hope they won't have to pay employers contributions for social benefits from now through june taxes electricity and gas rates have been lowered the state is also likely to help pay many workers salaries those infected with the coronavirus or under official quarantine have so far continue to receive their pay that's an item that small businesses in particular cannot afford for a long. meanwhile the spread of the corona virus across europe

is hitting the tourist sector the number of chinese tourists has already been doing going for weeks now with local cases of the virus also on the rise in italy and spain and germany for example look at the men's ah considering the stimulus packages and a top official now says that's ok. the eiffel tower is a must for tourists visiting paris and afterwards they might go on a shopping spree normally there's a long line in front of the louis vuitton store on the shelves and easy but not today the economic effects of the coronavirus can be felt in this duty free shop as well. suspect maybe an open business is bad 60 percent of our customers come from china that means 60 percent less business doesn't want brussels made no prognosis on wednesday about how strongly the e.u. economy will be affected by the coronavirus outbreak of g.d.p. but in many e.u.

countries people are talking about economic stimulus packages the e.u.'s anomic affairs commissioner made it clear there could be exceptions in the e.u.'s otherwise strictly regulated debt policies and ostroff. as it stands right now the stability and growth path it is really the contains clauses for flexibility. that shift will stances. they're linked to exceptional circumstances. in the coming months we'll talk with our member states about the conditions under which these exceptional circumstances can go into effect . the stability and growth pact could help italy in its time of need. it's one of the most heavily indebted countries in the e.u. that's why brussels has imposed austerity measures on rome. italy is also the e.u. country most affected by the corona virus outbreak and it's not just the tourism

branch it's affecting the industrial center of the country lombardy entire towns have been cordoned off companies are counselling work related travel and many are now working from their homes. in other news the commission says germany should invest more money in its economic future mostly by strengthening education sustainable transport and affordable housing europe's largest economy has for years been criticized for not investing enough according to a new study brussels sees some improvement as of late but suggests there is still more room for growth the commission is also critical of germany's high trade surplus suggesting it threatens the economic balance amongst the new member states . and now to some of the other stories making news. microsoft has lowered its revenue estimate for its personal computing business in the current quarter company said to the corona virus outbreak in china will impact its supply chain and

that will weigh on sales of windows software and surface tablets the news sent microsoft shares lower in after hours trading. apple chief executive tim cook said the company will open its 1st physical retail store in india in 2021 speaking at its annual shareholder meeting cook said apple would start selling its products online in india this year and will open its 1st apple store there next year u.s. president ana trump visited india just this week. german drugs and chemicals joined by as reported surging profits 429000 in the statement the group said net profit leap leapt more then 140 percent year on year to $4100000000.00 euros the result beats analysts expectations as still entangled in a massive wave of costly lawsuits over the weed killer round up acquired via the

takeover of monsanto that was back in 2018 and one of the architects of this multi-billion dollar deal is now said he'll step down. there was much excitement among shareholders at bio when it shook hands on the $63000000000.00 deal to buy monsanto these latest profit figures show why the pesticide maker could have been a great acquisition but the 10s of thousands of legal claims over monsanto's weedkiller round of look likely to wipe out a huge chunk of the benefit over the coming years some analysts estimate payouts allegations the project causes cancer could reach up to 20000000000 dollars what amount in aug 28th ina california jury awarded almost $300000000.00 in damages to a groundskeeper in the 1st round of lawsuit the amount was later reduced but juries have found by liable into other cases the company denies the allegations and is appealing against all 3 rulings it insists the weed killer is safe fighting the

costly lawsuits has weighed on the value of buyer shares though since the acquisition of monsanto in june $28000.00 the stock price dropped significantly and a struggle to recover shareholders have criticised the company's executives saying they underestimated the risk when buying monsanto. but the huge surge in profits for 2019 just announced shows that those risks might have been worth taking. and that is your business update here in this hour from me and the team and the end thanks for keeping us company.

eco india. how can a country's economy grow harmony with its people and meant when there are doers look at the bigger picture india a country that faces many challenges and people are striving to create a sustainable future clever projects from europe and india be cool to.

come about and they will not succeed in dividing us about not succeed in taking the people off the streets because we're tired of his dictatorship. taking the stand global news that matters. made from minds. with this from sr you can. take. a short scene from the film but in alexanderplatz one of the big world premieres celebrated up the birth in international film festival this week. welcomes culture well enough xander plots.

is one of the most important novels written about the time of the weimar republic just before hitler came to power the 1st film did not he thought he won then famously by run of anna fassbender for t.v. in 1985th as long now there's a brand new version of this old story set in modern day berlin. alexandre plots the center of berlin francis has made it here after a long traumatic journey from west africa. he's hoping for a fresh start in the german capital but instead he falls into the clutches of a high noise i suck who seems to be evil incarnate. despite francis is best intentions towards pulls him into a life of crime francis finds himself part of a break in at a jewelry store. every.