this weekend will be totally new for most of the players who have been quarantined in hotels during the week to try to avoid infection this is detail new news in berlin and make sure you add join us again soon. it's a deadly sin. and the whim of nature. motivates us. and threatens to ruin us. greed. insatiable desire. that drives our. country puts it in danger.

why are we greedy. we go in search of answers in a documentary film. starts may 21st d.w. . us retailers suffer their worst 2 month sil's drop ever can businesses recover lost ground as they slowly reopen or as a wave of bankruptcies in the making. also coming up as if things weren't strange enough europe is rooting for german football the bundesliga is starting back up. and with a car parts market at a standstill one german company revs up its production lines to make protective equipment. this is your business report i'm stephen bears in berlin it's good to

have you with us u.s. retail sales plunged by a massive 16 percent in april far worse than analysts had. specked it as the crow virus pandemic kept americans at home in the retail slump of the world's biggest economy on track for its worst 2nd quarter since the great depression businesses are reopening as states and local governments ease travel restrictions the stores are operating well below capacity and there are fears a 2nd wave of infections could keep consumers out of the shopping malls. and let's talk to our financial correspondent yens korda in new york. state economies are slowly opening can businesses recover this lost ground or should we expect a large wave of bankruptcies in the future. well some stores will come back and term some won't and if you talk about bankruptcies j.c. penney that big department store chain here on friday hinted that it might have to file for bankruptcy protection if that's the case that does not mean that or the

stores will event but there will be layoffs and some stores there will be closed in a definitely by the way not just talking about department stores there was a new estimate i wouldn't we always have to be careful with estimates but that one in 4 restaurants in the united states actually it might not come back even if the pandemic stops and that is also pretty bad news for the labor market because as you can imagine restaurants bars so also important employers it's even if companies file for bankruptcy protection i guess that's important not all the stores will be gone but to be certainly can expect some more of those of bankruptcies and yes a lot of just look jobs will be lost and a lot of stores will not survive this crisis one in 4 restaurants that would be considerable want to get your thoughts on another business headline today a trade tensions between the u.s. and china ramping up again as washington plans to block shipments of semiconductors

to china's huawei from global chip makers president donald trump blames china for the make and has even suggested he could cut ties with the world's 2nd largest economy and in a move that will further anger beijing the world's biggest contract chip maker t. s. and c. from rival taiwan said that it plans to build a 12 $1000000000.00 factory in arizona. back to you it looks like those trade tensions are back on how is this move by the u.s. likely to pay out play out in the weeks ahead. well everything is on the table but there was one market commentator from another t.v. station actually who summed it up quite nicely he basically said we crazy events we view the last thing that the united states and needs we have an economic crisis we have a health crisis we might even see a financial crisis and then on top of it you would have a trade war because it's pretty likely if the u.s.

really goes through to block those shipments there would be some. from china and that could chip a couple of u.s. companies some apple for instance and we also saw on friday that the stock prices also because as semiconductor companies like qualcomm for example or intel they actually got to quite heavily if the united states will follow through on this threat remains to be seen but it clearly wouldn't be helpful but overall it was really fascinating to see once again here on friday so we had this news was a possible trade war or escalation of trade tensions between the u.s. and china we had those certain pretty terrible and historical slump in retail sales and what did the markets do well which are a bit to the upside but for the week down 2 percent. no one really knows anymore all right yes quarter there for us in new york thank you very much ivan as we can

all right over to europe now where the contents largest economy is now formally in recession the german economy shrinking by 2.2 percent in the 1st quarter of this year that's its biggest quarterly fall since the 2009 financial crisis virus measures have shuttered shops and restaurants wiped out tourism and provide a setback for manufacturing and the numbers will only get worse before they get better for you. germany's g.d.p. data is due me even if slowly but surely the lights of the economy are being turned on again. folks like the country's biggest carmaker opened its man volves board plant a few weeks ago and despite distancing measures is edging towards full capacity as well as manufacturing the services sector is returning to normal hairdressers opened last week well it's even possible now to meet friends for beer again some cafes and bars open their outdoors areas. while that suggests some hope

a lot of damage has been done the german g.d.p. 1st quarter fall of 2.2 percent is a dramatic drop after years of relative stability it also means germany has now officially entered recession with 2 successive quarterly falls and the 3rd quarter will be much worse although the drop is sharp it's not as bad as analysts feared and it's better than most eurozone countries where lockdowns have been longer and deeper although that is not necessarily a consolation for the german government given the state of the european economy as a whole. i believe that it will be very very important for the revival of the german economy that the european economy is recovering to its full capacity. because we are all dependent on suppliers all over europe is dependent on export demand from all over europe it's in our best interests that we do that sit as he does. with berlin's tourist hot spots still eerily quiet due to travel restrictions

it's a reminder that things won't fully get better anywhere in europe until they get better everywhere. in staying in germany football fans across europe are tuning in to germany's top league this weekend the bundesliga is the 1st professional league on the continent to resume matches following the krona virus lock down clubs across europe have warned that they're on the brink without the revenues associated with playing and that's putting all eyes on this weekend's games. since mid march germany's football stadiums have fallen silent now the bundesliga aims to emerge from its coronavirus brick with so-called closed door matches without funds and under strict hygiene rules the idea to get back out on the pitch as soon as possible. anyone who rejects close door matches needn't wreck their brains about whether the league will have 18 or 20 professional clubs playing in the future because in that case there won't be 20 professional

clubs left once again it's not only a make or break issue for the german league the other big european leagues are also deliberating how to emerge from a lockdown. the english premier league is the biggest money maker in european football followed by the bundesliga and by spans legen for the premier league and lega t.v. revenue accounts for more than half of all income. it's slightly less than that for the bundesliga but they're determined to get the ball rolling again even without spectators if that's what it takes to keep revenues flowing. when matches are aired the advertising boards around the pitch will provide another financial boost in the current crisis the upcoming weeks will show how well the new concept works but there is no doubt that the game will be a different one as seen in south korea where the caley season kicked off last week gold celebrated with social distancing. a sign of the times. for at the center

group has a storied history in germany as a high end car parts producer make components for high speed operations like. now like many companies there making medical supplies a temporary solution not so fast according to the company. for decades german tuning and car parts manufacturer was right up with the best of them but now after a financial downswings and damage crises comes the impact of the 19 pandemic. carmakers have cut production for us that's meant a loss of 80 percent of our orders how are things supposed to continue it's clear that we cannot survive that long this. has been around for 51 years and since it's reincarnation is a german italian enterprise and 2012 it's been going from strength to strength with

sales climbing by 50 percent in the past business year. but then came the coronavirus and that changed everything including the auto sector experts are predicting 100000 additional job losses in the german car industry. what we can see is that this is the biggest up people since the end of world war 2 maybe even since before that and it will deal a tremendous blow to the car market so not everyone is going to make it into the future. send has responded and reinvented itself again instead of reducing working hours its changed its output from carbon fiber parts and interiors for luxury models to respirator masks saving lives instead of supplying car parts get into how it's gonna be. it's heartwarming to see how the entire team is pulling its weight in sticking together and to see what a team is prepared to do if we're making protective gear that is urgently needed

that we are supplying the people on the front line we're doing our part to overcome the crisis. and that's a good feeling this is good is the food and the company says this is a model for the future with a certification for hospital use the car parts company is now turning out 100000 face masks every day send out once to keep people safe and keep its jobs safe. a right and that's it from me and the business team here thanks for watching.

their tiny. the potentially dangerous viruses and bacteria. but they can be very useful too. although that's often forgotten these days. join us in a microscopic world food of fascinating discoveries. to follow today. the next. 10 things to

overcome boundaries. changing the world with dance. no words required. but a full body in just. a little tough journey around the globe. are 20. 30 minutes on d w. when the water rises cities will sink into the sea. entire stretches of land will be abandoned. when the water. stopped it's happening faster than anticipated. massive sprinklers are supposed to

prevent flooding but they only delay the inevitable. how will we live in the future. 66 mean rising sea levels starts to slip on g.w. . alabama. hello and welcome to tomorrow. so today the science show on d w. on sunday show we take a close look at viruses and bacteria that are good for us. lots of water for the coronavirus we have to practice social distancing scientists in the antarctic are learning all about isolation. social distancing is hard but it's key.