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tv   Business - News  Deutsche Welle  August 6, 2020 1:30am-1:45am CEST

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w. b y d yes it is on its way to bring you more conservation. how do we make cities greener how can we protect habitats we can make a difference google ideas put them into a series of little $3000.00 on t.w. and online. the magic kingdom lost some of its luster disney reporting a nearly $5000000000.00 for lead lost its 1st since 2001 so why are its investors in such a good mood. and what to do when you can't twirl want those parks in person doing virtually. also on the show will visit a german gingerbread baker was bracing for a gloomy holiday season not just because of the pandemic. flu and welcome i'm
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seeing beardsley in berlin it's good to have you with us the krona virus pandemic may have knocked some of the fairy dust from disney but that did not deter investors shares in the company jumping on wednesday despite disney's $4700000000.00 quarterly loss investors choosing instead to focus on bright spots including the rapid growth of streaming services disney plus as well as plans by disney to release its feature film lawn on disney plus in september. and for more on this let's go to our financial correspondent in new york korda yens good to see you all right so a big loss for disney but instead or despite this i should say a lot of love from investors shares rising 9 percent i believe what's going on. you know an incredible performance on wall street was the stock of disney i'm standing here in one of so many closed a movie theaters in brooklyn and interestedly enough to be advertised for the
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opening off the movie moulin you just mentioned supposed to open on march 27th so well that obviously did not temp and so now disney is planning to show a mule on disney a plus for $30.00 for subscribers and that's the one thing that investors got really excited about the streaming business off a disney it chief to get to 100000000 streaming customers and they achieved that goal for years earlier than they had or regionally planned i mean other than that if you look at the performance of the movie studios in general especially also the amusement parks is a cruise ships all of that did to pretty poorly also when it came to cable t.v. at the u.s.p.s. sports business also did poorly but now partly the parks are reopening we have more professional sports going on so that could bring more viewers so it's a mixture of a hope that things will get better slowly for at disney and then the streaming
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business what really got to investors excited on wall street all right now a whole nother story there about healthy eaters are handling this rise in streaming services we'll save that for another time yes quarter there for us in new york thank you very much. or at the coronavirus death toll continues to rise globally and india is leading in daily deaths and new infections the country has been in and out of lockdown weighing the fight against the virus with its effect on the economy . teles markets and shops have sprung back to life since coronavirus restrictions were eased recently but one question is increasingly on people's minds can this reprieve from lockdown last india has become one of the world's largest coal that 1000 hotspots. it's recorded more than 50000 new cases a day for 7 days straight many fear returned or a structure will be necessary to stop the spread of the virus it's
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a decision with potentially catastrophic economic consequences the indian economy is very very much in a deep recession already it's facing the worst economic crisis since 1979 which was the last time you had a recession because of the negative shocks to consumer as the corporate sector is also suffering very badly a major concern is india's already fragile banking sector banks are now facing a wave of soured loans as businesses and consumers struggle to pay back debt and india already had a banking sector crisis even before the pandemic began so if many small to medium enterprises and even bigger companies face rising bad debts this is problems for the banking sector and that's a downside risk that could go on long after the pandemic ends. it's the grim
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dilemma of being faced around the world and he hopes it can stop the spread of the virus without inflicting permanent damage on its economy. let's take a look now at some of the other business stories making headlines around the world . facebook instagram has launched a new video sharing feature reels which take steady aim at popular talk like tech talk reels lets users edits and share short videos a chinese own firm behind tick-tock is currently negotiating a cell of its u.s. business to avoid a ban in the country. new auto sales in germany picked up last month fresh data shows nearly 315000 cars added to registries it's a glimmer of hope but the figures for the lucrative export market remain weak exports bring german manufacturers the best majority of their revenue. let's go over to africa now the pen demick has uprooted the tourism industry worldwide putting many small and large businesses on the brink for countries dependent on
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tourism like rwanda the drop in tourism has been nothing less than a bitter blow in the capital kigali the lack of international visitors is undermining many businesses but could digital vacations everyone's interest them a boost. rwanda is famous for its red mountain gorillas the animals are a particular attraction for tourists from abroad but since the pandemic there's been a big drop in visitors to the east african country sightseeing bus he said become a rare sight in the capital kigali and most of the passages are in london during this period it was a very difficult because. business has almost 100 percent stopped. moving. to ists entering the country from abroad was dropped in mid june but there are still nights it doesn't make sense to offer many tools so the company's 13 employees are working and earning less.
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we are good with our stuff but we are temporary. to stop and to get a small money to survive. the business these rules. then. we continue. patrick wants to offer tourists an alternative to actually being here he's taking photos of tourist hot spots in kigali the entrepreneur office virtual tours as yet on a small scale either online or using these v.a.r. glasses the tools should feel as real as possible like this one through a faithful recreate of a traditional royal residence. before . people didn't know about the device or tours they couldn't understand the idea behind but now we're not talking about tours in 360 it goes
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fast because people like truly visit this place without leaving my house. hopes that even after the pandemic his virtual tour was more continue to enhance the visitor experience and that there are literally more foreign tourists to rwanda in the meantime the government is providing loans to support the tourism sector. particularly articulate it well we had a. front. for operations because we needed money through to a product but to go to city tour we are looking at it. starting with domestic tourists but without foreign guests tourism in rwanda will remain a shadow of its former self there is some hope today the volcanoes national park is open again and there are already bookings from european tourists for the summer.
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or let's go over to germany now where even though it's summer gingerbread makers are gearing up for the critical holiday season and things aren't looking so sweet the u.s. imposed 25 percent tariffs on european cookies last year taking a big bite out of business then came the pandemic. a heavenly a ray of gingerbread stars baked during the pandemic in the western german city of often the more than 300 year old lumber its company turns out 130000 tonnes of specialty is like these every year production is going ahead despite the coronavirus this is expected to be done by job of course it's been an additional challenge for our employees having to wear masks and so forth but we're tino we know what's at stake where a seasonal manufacture and now is the time when i prepare for christmas and for autumn i'm not out of it. and that means ramping up output much of it is for the united states where lumber at says european assortment is a big hit but the company's owner is worried that this season could see his
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gingerbread exports crumble and bust by cold i can't say yet what the coronavirus crisis will do to us when our products start going on sale and temper october and at the moment we can see how badly hit america is by the virus for goal of the toll from his an estimated $30000000.00 u.s. workers have lost their jobs due to the coronavirus with less money to spend they won't be buying cookies from europe compounding the problem are the punitive tariffs the u.s. slapped on european goods last year such as a valued lead to declines of 21 percent in the german confectionery industry alone once once this puts into the future to. this year the upcoming gingerbread season is likely to see the combined impact of the tariffs and the pandemic on the us market is built and in most is going to lead to a massive drop in sales because certain upper limits on prices will have been broken should even germany's confectionery sectors calling on the european
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commission to take action to prevent a further escalation of punitive tariffs especially in times like these. and finally some song has unveiled a slew of new tech products at its unpacked event in san francisco alongside tablets and ear buds the company revealed the galaxy note and z. fold to smartphones the fold phone even opens up to reveal a 2nd much larger $7.00 inch display samsung is hoping to boost its flagging sales which dropped nearly 30 percent in the last quarter because of a pandemic. that's it for me and the business team thanks for watching.
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how does the virus spread. why do we panic and trend will all of this. just through the tax and weekly radio show is called spectrum if you would like. information on the cloning virus or any other science topic you should really check out our podcast so you can get it wherever you go your podcast can also find us and dot com slash science.
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to go beyond yes. as we take on the world. we're all about the stories that matter to you country. what ever it is to. run a mouth shut. out w. me for mines my 1st my say was a sewing. i come from women are always by this ocean. something as simple as learning how to write them by said those isn't. since i was a little girl i wanted to have a bicycle off my home and it took me as them until they. finally gave up and went on buying me and my sabers but returned with the sewing machine sewing i suppose was more appropriate than writing advice as now i want to meet those woman back
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home who had bones by then 2 things and social rules and informed him of old dead basic rights my name is the about the go home and i work at. the. welcome to arts and culture a big announcement about disney's move comes as the movie industry struggles to get back on its feet the new live action remake seemed to be the film that could get people back to the cinema but now disney has other plans it's got story coming up and film festivals go online to cope with the coronavirus pandemic one festival is even accepting movies that aren't finished. and the rolling stones fleetwood mac
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and the record tycoon who helped establish them in mainland europe. first though it's the story of a girl who disguises herself as a boy to battle in her father's stead disney's live action remake of its animated film move on it is one of the thief real blockbusters this year but even it is now going straight to streaming disney made the announcement as it revealed quarterly revenue losses of almost $5000000000.00 now one is now heading home cinemas and smartphone screens the september. in disney's live action movie moulin faces a new enemy a witch who transforms into a falcon. and is in the sentencing.

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