with less than 10 minutes on the clock it was players turn to answer the scoreboard . for when it ended i'm glad pick up 3 valuable points that keep them in contention for a place in the champions league. you're watching date of the unions for me and the entire team here in berlin thanks for watching.

the karuna crisis you can find more information online t w dot com and on the social media channels. big corporations weigh in on protests in the u.s. so what netflix and nike have to say about the killing of a black american by police and how seriously should we take them to take a look. also on the show socialist venezuela turns to private gas stations to solve its fuel shortages. and australian wine producers reap a bitter harvest following last year's bushfires. this is your business report i'm stephen beers in berlin it's good to have you with us nike netflix just some of the

corporations sounding off about last week's killing of african-american george floyd by police and aligning themselves with protesters netflix netflix rather posting on twitter over the weekend to be silent is to be complicit apartments or nordstrom said that it is deeply saddened and angered nike meanwhile saying don't do it excusing racism that is many companies are supporting the black lives matter movement which protests racial inequality in policing. and let's go over to our financial correspondent in new york. to what extent is the unrest that we're seeing on main streets across the u.s. leading over to wall street. i mean 1st of all if you look at businesses some of them do feel an impact to lift an order for example they decided today to stop service at least in some cities for now some stores are closed early or for at the

end tired day if you look at some nike or apple stalls for instance you had a lot of c.e.o.'s from big american banks speaking against racism but if you look at the stock market in general the dow jones industrial average actually was up on monday by almost 100 points besides the protest besides the pen to make. further tensions between the u.s. and china. you mentioned apple there let's take a look at something the c.e.o. tim cook said recently. he said that issues of human dignity will not abide standing on the sidelines now this was part of an internal memo within apple that was then leaked later and so you end of easily a big statement there from one of the major corporations leader of one of the major corporations in the u.s. how necessary is that for these companies these days to take a position on social issues that they might have avoided just years earlier there's

no way around it society is getting more polarized day by day month by month and to murder off george floyd is not the 1st instance we also saw pressure from employees from clients from the market for example when it came to deport taishan when it comes to it came to gay rights or this is just a in another even stronger case that we're seeing right now in companies have no other way and no chance to get more political sort of pressure from the society overall is a very high and discreet thing david it. no way for wall street to stay out of the fray these days yes corner with the latest from new york thank you. now in venezuela cheap fuel has long been seen as a birthright but dysfunctional refineries and u.s. sanctions have dried out gas stations and now private stations are opening up to meet the demand long lines in caracas venezuela is letting private gas stations

supply what the state can't venezuelans can buy gas at international market prices and. selena but i've given that we've arranged to have $200.00 gas stations so they can freely sell at international prices of $0.50 a liter of gasoline. their dollar. that's $25.00 times more than at state run gas stations where drivers can buy 120 liters a month even though venezuela is the world's most oil rich country there's usually no gas to buy a few venezuelans can afford gas at the new pumps. to adopt with a minimum salary of $4.00 i don't think anyone can pay those prices but venezuelans will always look for a way to work around things as they've always done. i think it's a solution to the disaster that we have a gasoline because prices are set. private gas stations

won't be able to fix venezuela's fundamental problems the state run oil companies run down and can only produce a fraction of what the country needs and tankers from venezuela's main foreign supplier round arrive infrequently u.s. sanctions on both iran and venezuela are making the scarcity even worse. and let's take a look now at some of the other business stories making headlines around the world . russia has signaled it could extend oil production cuts with leaders open to a meeting of crude producers this week opec and its allies agreed to cut output by 9700000 barrels per day through june the oil cartel which is led by saudi arabia is now expected to discuss extending those cuts for another month or 2. pandemic measures all chile's economic activity plunged over 14 percent in april finance minister ignacio briones also expects a very significant drop in the world's top copper producer in may and factions in

latin america have surged past 1000000 and chile is among those registering sharp surges. and the flagship german airline of tang's is one step closer to fulfilling conditions to receive a multi 1000000000 euro state aid package of tons a supervisory board voted to accept conditions imposed by the european commission they include giving up some landing rights at major airports the demands must now be approved by the tons of shareholders. india has passed spending measures to help farmers street vendors and smaller business owners hit by the crime that the crowbars locked down rather the delhi government hikes purchase prices for 14 crops and approved a 6500000000 dollar infusion plan for small and midsize firms a micro credit facility will meanwhile offer low cost loans to street vendors. now here in the live events industry the past few months have not been too good but one company in australia

a clever solution has turned crisis into opportunity to look. staged kings used to make sets and platforms like this for huge live events such as the pop up globe theatre and music festival. so when the australian government announced in march that it was banning all non-essential live events of $500.00 people or more stage kings took a huge hit with an estimated $2500000.00 australian dollars worth of cancel business. we had to tell them to try to leave the case and take it to it was just horrible it was a really terrible day and we were on a real downer after that and to be able to turn around not even a week later maybe 24 days later on the tuesday afternoon so we went live and we sold 20 disks that afternoon and bought by wednesday we cause we need a few people back they've gone from laying off 23 people to hiring back them all and taking on 33 more workers thanks to a pivot to isolation focused furniture standing desks laptops stands and of course

wine racks the company has even temporarily rebranded from stage kings to iso kings a reference to quarantines imposed on a stroll and around the world. and i so kings isn't the only company in australia adjusting their production and manufacturing lines we've seen incredible nimbleness in manufacturing you know you have all these gin micah's that are now mike in hand sanitizer craft brewers doing the sign companies systems in ballarat that are narrow making ventilators when they were doing mineral processing. the same thing so you're saying you know manufacturing a strong strongly manufacturers in a matter of weeks switching their whole production on. big international artists and events are not expected to return to australia until at least next year so the stage building business is on hold for now meanwhile more home workers and quarantined australians are buying tools to help them adjust to this new lifestyle

i so kings says in the last 8 weeks alone they've sold over 7000 items. now it's also been a rough season for wine makers in australia but also much because of covert but rather the massive bushfires from last year. these grapes may not have felt the full heat of the flames but they are nevertheless a casualty of australia's wildfires they've been left to rot after being tainted by smoke which hung in the air have to the fire came within 100 metres of robert coleman's winery in new south wales. it was pretty close when i looked on the roof a couple days off the far to see if anything needed cleaning out the roof and they got as full of little bits of him book and in the weeks that followed the skins of robert coleman's grapes absorbed chemicals from the lingering smoke it ruined face years vintage in a way that only became apparent after the wine was ready. if you have smoked

it's like picking up a dirty ashtray at a pub and looking straight it's just revolting. australian researches estimate 60000 tons of great crops were damaged by the wildfires the disaster has changed the wine industry's understanding of how widespread the destruction can be. we thought that the harmful compounds in the smoke really fell out over the 1st 20 to 44 minutes away from the far side of what we saw in this years in a number of regions which are probably a 100124 miles away from the point where the damage has been quite consider the tarnished grapes account for around 4 percent of australia's overall wine crop meaning there is still enough left to export but the many tainted gallons went to go anywhere. since. disgusting

but. all right thing in australia mining group rio 10 to has apologized for destroying a 46000 year old cave site sacred to indigenous australians the shelter the shelters rather in the remote yukon gorge seen here in 2013 for signs of human use dating back to the ice age but last week they were legally blown up as part of rio tinto as plans to expand an iron ore project and the demolition sparked an outcry and renewed a national debate on protecting indigenous heritage sites that's it for me and the . exile was for watching.

the stuff far ohio these days. i miss the apes dog and those who are ready for another would occur no viruses of the morning because the chimpanzee trust them to count in the time and don't come by the situation has become difficult because of the cold but 19 will be animals the people. who come for a go. to. kick off.

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so many different looks of life. some are. coming straight from the heart. and turning from 1st to death starts june 18th g.w. . becoming one thing when demi is at the forefront of our minds these days and of course what's happening is also i've got effects on the environment yet in lagos why instance they need to wear mosque is increasing down mounds of waste all over the place but they're still.