will you. in the light of climate change. for cosmic. what's in store. for the future. e.w. dot com christian megacities the multimedia insight could enter. a market losses continue as fears mount over the coronavirus wall street suffers a 6th day of selloffs with more businesses curbing their operations and lowering earnings forecasts will bring you up to speed. also on the show china is trying to get business back up and running with krone case numbers are still rising it has a ways to go. and the u.k. puts on its poker face for next week's trade negotiations with the e.u. will brussels call its bluff. this is were due to be business report i'm stephen

beard's in berlin thanks for joining us u.s. markets fell for the 6th straight day on thursday as major companies continued to curb their operations and slash earnings projections as a result of the spreading coronavirus that's and p. $500.00 tech heavy nasdaq indexes each lost more than 4 percent while crude oil prices continued slide falling more than 2 percent to $52.00 a barrel analysts at goldman sachs have even projected the u.s. businesses could see no earnings growth in 2020 if the virus continues to spread. and let's go to our financial correspondent in new york yes quarter for more on this yes we've been talking about these losses for a few days now they seem to be getting worse can you put this in perspective for us how big are these losses. it's quite massive what we're seeing and especially in the last hour of trading here we saw pressure even increasing chips and losing

almost 1200 points down by almost 4 and a half percent and this week alone so far we lost more than 3000 points in the dow jones industrial average we haven't seen such a week since the financial crisis of 2008 almost every day on almost every day we get more and more companies lowering their forecasts due to the corona virus and for the 1st time so far some investors are even talking about panic setting in here on wall street. panic potentially setting in i'm guessing that means that a floor to diss is not visible yet. well it's possible every time that we might see a little rebound after those heavy losses but a lot of the questions will not be answered any time soon the best would be if we would find a cure against the corona virus if that's going to happen nobody can tell at this

point and you mentioned the prognosis from goldman sachs that there won't be any profit growth for the s. and p. $500.00 companies this year i'm not quite sure. if it really makes sense to come out with such programs as at this point but what will matter is if the consumer actually is going to keep spending money the u.s. is a country that does not live from trade but mostly from consumption that will be one of the keys if we can stop the bleeding here on wall street. keeping an eye on things in new york for us thank you. china is meanwhile reporting a rise in new cases of the coronavirus that puts a damper on talks of a gradual return to business as usual factory shutdowns have been widespread quarantine measures but some are reopening and container ports are starting to loosen a huge backlog of cargo the shopping district of 101 months 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 let me know how far into. fatah the government is taking action in the hopes of saving those jumps each year pay the crime. the state council's executive meeting has decided on a 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 choose. to hobble for with a small and medium sized firms as well as own businesses and who 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 and so far continue to receive their pay that's an item that small businesses in particular cannot afford for a long. and let's go back to europe now where britain and the e.u. are putting on their poker faces with post brags that trade negotiations set to begin next week here's a look at both sides stances now the e.u. is offering a comprehensive free trade agreement with 0 tariffs and 0 trade quotas but brussels has set some conditions on agreements 1st among them that british companies comply with the e.u. standards on occupational safety or environment for example the u.k. rejects that very premise with london saying it left the e.u. to escape such regulations there's also a big dispute over this fish the e.u. wants to maintain its fishing quotas and british waters the u.k. on the other hand wants to decide for itself who is allowed to fish and its waters

but brussels says access to the e.u. financial market which is critical for london's big financial firm. will only be open to britain if all other issues are resolved 1st the u.k. wants unrestricted access to the continents and it also wants that each element of a deal in a go she added separately from the others because it's better to have no deal than to compromise that's the message coming out of london at the end of the transition period on the 31st of december the united kingdom will fully recover its economic and political independence we want the best possible trading relationship with the e.u. but in pursuit of a deal we will not trade away our sovereignty sovereignty britain wants to make decisions without being forced to abide by e.u. regulations one of the main arguments of bricks and supporters but brussels insists that there will only be a free trade agreement if britain continues to comply with european standards in the future. we want competition to defeat sure that the most to be fair

fair and treat free and sharia the e.u. is demanding that worker protection environmental regulations and tax planning meet e.u. standards british prime minister boris johnson says that's absurd the whole objective of doing what we're doing is the u.k. can do things differently and better well we're not going to engage in some race to the bottom we can maintain the very highest standards we want. you know mutual recognition of each other's high standards and access to each other's markets. if there's no agreement by june britain is threatening to cancel on the goshi asians and brussels has also signaled that it's prepared if the 2 sides failed to seal the deal. now to some of the other business stories making headlines

. air france says it's cutting 1500 jobs mostly ground staff by late 2022 the carrier is also slashing costs to offset the impact of the corona virus outbreak air france is one of many airlines that have suspended flights to china. a u.k. court has blocked plans for a 3rd runway at london's heathrow airport it's a landmark fix for environmental campaigners ruling could sink the $18000000000.00 project which aims to make europe's busiest airport even bigger the court said the plan didn't take into account the paris agreement on climate change. chinese telecoms giant huawei is planning to build its 1st european 5 g. manufacturing plants in france the world's biggest maker of telecoms here wants to sooth fears that beijing could use its equipment for spying huawei chairman young quasi said the mobile bay station plants will create $500.00 jobs. and after link the process to find the right suit or germany's ailing steel and

industrial giant to syncrude as finally sold its profitable elevator division for $1000000000.00 the buyer is an investment consortium led by advents and sin vin and the abu dhabi investment authority. the urban farms are sprouting up across major cities around the world they found a clever need supplying sustainability minded restaurants while highlighting efficient compact farming techniques entrepreneurs in brussels now have their own take on the idea there are growing mushrooms using grain from the country's famous breweries. a belgian beer in mushroom form. on the right side you have an army corps production urban farming entrepreneurs in brussels growing fungus in the city center in a form a slaughterhouse. orencia and also very doing so use it in these are so purchased in these press preparations so many so they were already

sustainably growing micra greens and had heard a rumor. we had heard that spend grain from beer could be used as a group but we didn't know if it was really true or if it was just something that worked a bit so we tried 1st in smoke enemies then bigger and bigger and then we found out that it worked really well and she used grain from belgium's famous breweries is a nutritious basis from which to grow mushrooms the grain would otherwise go to waste. the company shop in your to brew sell supplies local shops and restaurants by bike it's an example of a locally connected sustainable of the business. and speaking of beers the corona virus appears to be hurting one of the world's most popular beers some people are confusing the mexican beer corona with the new disease there's been

a massive increase in online searches for the terms corona beer and virus according to data from you gov the so-called purchase intent for the beer of young adults in the u.s. has plunged to its lowest in 2 years the damage has worsened in recent days as infections spread shares of corona brewer consolation brands over 8 percent this week in new york. and that's it for me and the business team here in berlin as always we wish you a good evening and thank you for watching. what

keeps us to say what makes us see and how do we still come to. my name is dr constantly can i talk to a medical expert. watch them at work. and then discuss what you can do to improve your health. stay tuned and let's all try to stay good shit. on the job i'm.

not laughing at the jam. just sometimes i am but i stand up and whip it up and we can jam and think the printer jemma culture of the campaign stereotypes the question to me is think of the country that i now live. in to see the thickness grama down to you it's all that. bob know i'm a joke join me to meet the gentleman from d.w. post. i'm scared that the work that's hard and in the end is a me you're not allowed to stay here any more we will send you back. are you familiar with this. with the smugglers would lie and say. what's your story ready ready. i'm a woman i was a women especially in victims of violence. take part and send us your story we are

trying always to understand this new culture. another visitor another yet you want to become a citizen. in for migrants your platform for reliable information. welcome to our culture we are of course going to be at the bergen international film festival today and amongst other things looking at this. an extraordinary film about a family of things we'll be talking to the director of the film. and the world famous old masters picture gallery in dresden is reopening after 7 years of renovations. but we

begin of the balance every year there is a golden baffle lifetime achievement award to someone in the film business this year it goes to the british actress helen mirren who's made over 60 films from playing a gangster a small opposite bob hoskins in the long good friday to that memorable oscar winning performance in the queen and she is in my mind one of the greatest living actresses around us i wonder what experts on this subject thinks film critics got rocks for a downtown festival snow arm a little bias but how do you rate the misery as an actress. yeah i mean how do i write her as an actress my lord she's obviously the queen you know won the oscar for the queen but i put her above that i put her as that as an empress of british that about worlds.