tv Business - News Deutsche Welle June 19, 2020 11:15pm-11:31pm CEST
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the discover new adventures in the 360 degree. and explore fascinating world heritage sites. world heritage 360 get the map now. the 1st. it's going to take a lot of cash. already agreed on that but there are still disputes about how to distribute this 750000000000 euros to. heads roll for in this case the head of rolls fresh fraud allegations see the c.e.o. of scandal hit wild card resign. and look to stealing the show or maybe even your job. his takeover of a number of restaurants. as well and as to
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business time is taking a 1st round of e.u. talks have failed to seal a deal on rescuing the economic bloc instead they've highlighted discord europe's facing its worst ever recession but leaders couldn't even meet face to face to talk about. limousines this time no flickering cameras friday's e.u. summit was held in cyberspace but the issues the blocks leaders had to deal with are all firmly rooted in the real world the corona crisis isn't europe spinning into recession and money is needed for the fight back all agree that a coronavirus recovery fund totaling 750000000000 euros will be set up 500000000000 a plan has grants for countries hit especially hard by the pandemic. 250000000000 area marked as loans and for the 1st time the entire debt package would be collectively backed by e.u. members but not all countries like the idea of grants and collective liability the
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european commission's head has called for unity i'm convinced that for common success we must stay focused on the big picture we must all pull together we cannot afford any delay. there's no question that money is needed but analysts say it has to be spent wisely if it's to boost the economy effectively so i think we should more pokus more on investments that are up interest to the whole of europe for instance trance transport infrastructure body crossing in prospect or. types of. border protection and things like that so there is a lot in common in cross structures energy infrastructure as the leaders expect to reach a final deal next month when they hold their 1st face to face summit since the crisis began more chaos said why a card as c.e.o. of the german electronic payment company. has quit with immediate effect his
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resignation comes after the firm revealed the order to couldn't find close to 2000000000 euros in cash on the company's books the scandal deepened on thursday why are delaying its annual results for a 4th time the company's stock has been in freefall this week or the of this month german prosecutors search the dax this is the firm's office is as part of an investigation into market manipulation. is our correspondent all the bats with a look at how traders view the scandal and his take on the way ahead for why that. game over for markers pawn wire cards see no has stepped down a step too long overdue and it's the right one people in the financial markets do believe and you can see that just a little bit at least in the share price reaction in the market at the chutes last it was building up the 2nd day in a row it became a little less huge but you know at the end of this week the investors in why are
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card are still looking at an unmitigated disaster more has to happen than just to see old leaving the new see the new team they do have to convince people that there is some way of finding out where that hole in the balance sheet came from a make a plausible case of it and they have to get banks on their side not to recall huge loans that are a threat this or risk going under as an individual company. stocks edged lower friday on news apple will temporarily close some of its stores again in the united states 11 shops located in states experiencing a resurgence in corona virus cases markets rallied in recent weeks as the u.s. and other economies around the world loosen restrictions investors now thier 2nd wave of infections will force the global economy back into lockdown. let's go to a new york what's that apple news say about the high hopes of an amazing
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recovery the wall street had had. well it clearly shows that their recovery economically and also health wise is quite fragile an apple itself will so why even if they close a couple of stores but it just shows that this might actually happen in other industries and other places as well so that you might need to have partial lockdowns nobody's talking here about that we will see if lockdowns integrate and scale it but it's just a very it investors and you could clearly see a wall street was up before the news broke and then the market actually got under some pressure but also take some other news for example some restaurants they reopened when they were allowed to and now some of those restaurants are recall osing just because it's becoming too costly to actually deal with the measures that
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you have to take for social distancing send so on and so forth so that also shows you that it's a long way back to where we were before the crisis exactly so now the rough week and i bet there are a lot more of those to come. well clearly but on the week in general it wasn't the weak blue chips increasing a good one percent the nasdaq composite so technology shares jumping by almost 4 percent and so we had 2 main events this week i would say one was on tuesday when we got to record breaking increase in retail sales well we always have to consider how much we got hammered in the month of april so it was kind of easy to do better now in may and then on wednesday when the federal reserve for the 1st time ever an ounce that the fed will start buying back corporate bonds something unthinkable just a little while ago so basically it's all this money from the federal reserve also
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from the government that is holding things together and looking ahead to next week will be a shortened week because of 4th of july and then slowly but surely we'll be looking at earnings season and that really could be crucial to how companies are doing and seeing the future how we move along for the next couple of weeks if there's anything to celebrate. a man on wall street thank you. now a brief look at some other business stories making news. is bracing for a 3rd outbreak of days of locusts threatening food supplies in a region reeling from damaging rains and the coronavirus migratory pasts have descended on the area in record numbers since late last year despite the use of pesticides another wave is about to take to the skies. b.m.w. will slash $6000.00 jobs this year electric car makers sees demand plunging because
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of the pandemic sales are already in a trough production said backs of also hood operations the german firm is also freezing its all thomas driving collaboration with rival mercedes benz. france's top administrative court has upheld a 50000000 euro fine on google for breaching e.u. one line privacy rules regulators found the world the world's biggest search engine lacks transparency in the way it informs uses about its handling of postal and failed to properly obtain their consent for posting lies that it's. japanese shoppers stormed a unit close stores and crashed its website on friday the chain has started selling face masks made with the breathable fabric used in a popular line of its underwear the material keeps wear is cool in the heat and during exercise. if you've ever had problems with a snotty nosed waiter you may just like this next story in many parts of the world social distancing is heralding the rise of the robots in the restaurant scene the
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latest in beijing taking place in the netherlands. meals are delivered at a leisurely pace in this restaurant in the northern dutch town of or nasa so guests have plenty of time to get an eyeful of the service staff are already there say well we asked that our chance the robot arrived on time for us to use it to adhere to social distancing rules we'd actually just wanted it as an innovative playful gadget that they didn't have here in the netherlands gadgets while nails at the new taste. clear who the daughter of the owners is a student majoring in business she says she hopes that the investment will be worth it although she's discreet about the actual amount at the moment the robot is being used to avoid direct contact with customers it's equipped with sensors to prevent collisions if you look the robot deep in the eyes you can see the camera it transmits a video signal telling the kitchen when the tables can be cleared. the robot can
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read out the menu or sing songs but the owners haven't had the time to program it properly yet. a restaurant in mass traced in the south of the country also boasts a robotic waiter a somewhat more futuristic looking model named amy which can say a few sentences to the guests by hearing you. the owner is still getting used to the new technology for the time being amy can only serve drinks and of course be the center of attention. i knew that i now like i don't know in a movie like you know like patrick's i don't know it's weird really weird and yet it's kind of a weird situation i like it that we're able to go to restaurants now so i think that getting people are able seems a bit strange microphone of these. restaurants in china have long deployed robots as waiting staff now the humanoid helpers are gaining
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a foothold in the netherlands to. and before we go how about some time alone with a masterpiece jenner was sort of college days giving out love is just that with an exhibition it calls 5 minutes with one a is it is into the exhibition individual with family or friends to view one of the french impressionists quarterly paintings with no elbowing from crowds the museum says it's using social distancing measures to offer something rare in europe's out houses so. fast in business with the.
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first started well one day save mom names. and most likely a company in uganda is making protective shield from us to waste. nationalists from talk of talk of plastics tuckered swiftly during the pandemic. it's good for doctors and nurses good for the environment. for. 60 minutes. like. germany with t.w. and any time any place. to sing music video never. happened at the back of the clock the. songs to sing along to download to come
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from soup. to the demands of time. and varied courses funded into active exercises are available and d.-w. dot com slashdot internet and on facebook in the app store. german for free with w. you're watching in good shape their health so on d w posted by dr costin that could. hello welcome to in good shape. what does it actually mean to be 50. surely comes from fit like my shirt i fit like a glove. of the origin of the road still remains unclear.
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