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tv   Business - News  Deutsche Welle  August 18, 2020 11:15pm-11:31pm CEST

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yes it will be opposed to for them but i think we will see by munich in the final all right we will see if you are right and he may on the story in lisbon tonight andy thank you. thank you well here's a reminder now the top story that we're following for you. soldiers of arrest you present the president and the prime minister in an apparent. thousands of protesters have taken to the streets to show their support. for the business stick around we'll be right back. why i subscribed to d.w. books you meet your favorite writer sometimes. calls me. because of it's what do you books. you know that 77 percent. are younger than 60. that's me and me and. you know what it's
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time to call voices. the 77 percent. got my. front porch to flash from the housing boom boom town this is where. welcome to the 77 percent. this weekend g.w. . millions of teenagers love it but president trump wants to talk of the united states software giant oracle is reportedly interested in taking over a video service in the u.s. which the white house accuses of spying for the chinese also turning waste into money. ferment gonna making it easier for businesses to earn
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a bit more by paying them for their discarded plots and german farmers face 3rd straight disappointing harvest. i'm chris colburn berlin welcome to the program the race is on for a tick tock and with oracle there seems to be another contender willing to take over the video services operations in the u.s. canada australia and new zealand according to a financial times a poor of the enterprise software giant has have preliminary talks with tick tocks chinese parent company by stance u.s. president donald trump has threatened to ban the tick-tock app in the united states over spying allegations if by dan's retains ownership microsoft and twitter are also interested in acquiring parts of the company. let's bring in our new york correspondent host. of hostilities what would oracle
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a business software companies see in a video app beloved by teenagers. out sea. creatures and even at 1st sight that there are there are not many events in ages between oracle antidote it's whoever ends up buying the u.s. operations will gain access to around $100000000.00 users a data in oracle's a case of by putting tick tocks data out when it severs the company might be probably able to open doors to new businesses in all the industries and perhaps directly competing with facebook or a snap of the software giant does not have a consumer facing social media or video business and on top of that oracle has a struggle to find new business revenue so microsoft and google or google keep dominate in the cloud computing market while there are other contenders here
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microsoft and twitter what are oracle's chances in really striking a deal. i would say. bigger then twitter says sensing it has a much a better ability to finance that multibillion deal and he's a macho bigger company also it's a confounder lottery hughson easing good terms with president trump on the other side dawud currently microsoft is the only company that has officially stated its interest in tic toc and has engaging in negotiations longer than the last 24 to take giant acquisition makes a lot of sense and strategically and it can't afford an operation like these either alone or with the others at but there are also concerns of both that because of its operations in continental china and to trust issues at the end big tech it's getting even bigger causalities thanks for now but do stay with us you're as retailer wal-mart posted its biggest growth in online sales in the 2nd quarter as
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shoppers cashed in stimulus checks and stepped up purchases of electronics online sales jumped 97 percent and same store sales surged 9 percent now wal-mart hopes to continue momentum by adding a membership service which is set to compete with amazon prime. costello is back to you in new york a pandemic boost for wal-mart's business what did people on wall street make of that earnings report. it is said definitely a positive fan of wal-mart has shown it can face the amazon in dion lang retail arena in times of need but also keep its dominance in in physical retail as for now though bull the companies and investors say it concerns a moving forward comes from a consumer spending drop in stimulus checks that dimension and additional employment benefits run out that's why there is pressure keeps the mountain for
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legislators in d.c. and the white house to agree finally on wanting something that seems to still far away and can pose as if it can risk not only 40 economic recovery here in the u.s. but also for retailers such as what mark did on the correspondent cause there louise there are in new york thank you. plastic waste is a problem all over the world and the situation and ghana is no different where only 2 percent of discarded goods are being recycled as the 1st country in africa are gone i just recently joined the global initiative to end plastic pollution and a group of entrepreneurs is doing their bit and earning some cash along the way by putting recycling at people's fingertips. just quickly and their waste collectors on their own and based company is always on call to pick up its play and plastic waste and not only does their recycling phone collect their waste it also pays for
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eat their beds await the amount entered into the app and the money transferred right to the clients account opted. in the morning and mind the new prime mark on a plate make a request. and place my request then once we are ready to pick the contact and to pick up the plastic. bags small collection trucks have been zipping around across treats for 3 years every month they collect of the trail tons of plastic waste from regular customers around $2500.00 households brings teamed up with a friend for the freud ticked. by the mobile platform recycling so people spin got tips. because we were where pick up the car. and i would just pick them up to be sold to them because of the possibilities would
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be i would cycle between you put on. at the company's processing sites the plastic is 1st sorted and shredded. then there is outing plates and pallets assaults on 2 companies in ghana and you're all. i 80 percent of this stuff is female. remain safe and leave the weights from their work here. 3 or 4. that. very 2nd said this also gets rates from down to accommodate the growing volume of plastic that company recently acquired a match piece of land on the outskirts of the city. and some of the other global business stories making news. gross domestic product tumbled more than 14 percent in the 2nd quarter compared to a year earlier after the pandemic weighed on the economic activity manufacturing
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construction of the hotel and restaurant sectors that were hit hardest one was the mining industry which was. growing demand from china. british retailer marks and spencer has announced plans to cut 7000 jobs. through the beleaguered retail sector which dropped sharply during the pandemic the company expects many of the reductions will be through voluntary leave and early retirement norway's sovereign wealth fund lost $21000000000.00 in the 1st half of the year as the coronavirus battered global markets the fund was hit hard by its investment in oil companies whose value plunged a 3rd this year as demand for crude oil tumbled. it is august high time high summer and high time for farmers to bring in the harvest and for the 3rd year in a row german farmers yields are below average but recent years of drought are and.
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the 1st batches of wheat from the new harvest are being loaded there for export german wheat is a success on the global market although as a niche product the best seller class a wheat which has a protein content of over 12 percent and is best used for peaking bread. agricultural products trader andreas krentz is looking for this type of wheat his customers are mostly based in rich oil producing countries in the persian gulf. many could do well in the arab world where we know from experience that significantly higher wheat quality is required. farmer detail has always made class a wheat but now he doubts whether he can continue to deliver such quality in the future the reason new fertilizer regulations the law stipulates exactly how much
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nitrogen fertilizer he can use in his wheat fields near leipsic. the law aims to reduce damage to the groundwater by reducing the amount of nitrogen fertilizer but to produce protein rich wheat the soil needs a lot of nitrogen. for has to using creasing lee expensive machinery to comply with the regulations otherwise he could face stiff penalties. the farmer feels under pressure and is worried that his harvests will continue to decline. for dummett 3 let sequence that will cut our yield and then in a year's time it falls again. and each year the yield is worse because the amount of nitrogen is calculated annually at all while these a shift of mideast on the harvest might just 20 percent funding for the state. so it's like giving people or animals 20 percent less food after each wait to get to know if this isn't good to legal the mood among farmers is terrible they're worried
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that sooner or later the days of producing quality wheat will be over. and finally germany's largest power producer r w e has launched an online auction for one of its bucket wheel excavators the largest excavators of this type rise as much as 100 meters and away 14000 tons or doubling in pledge to phase of coal production by 2038 and is now focusing more attention on its. order lovely collector's item. thanks for watching every successful.
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synchronisation in chinese children's room. to detect. little prissy's online. by contrast high school graduates to fight for personal freedoms. to be denied for their.
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3000. and 16. i'm not proud of they will not succeed in dividing us about not succeed in taking the people off the streets because we're tired of this dictatorship. taking the stand global news that matters. made for mines. whatever we begin the day will effect get out of syria turn out a sphere of the increase of the temperature. try to 1st breath the start that i started to decrease the amount of c o 2 for them now this is actually not a hard problem just plates will however there are very important economic interests food oh dollars a lot of coal. who own
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a lot of oil that are doing. everything possible to make sure of this frozen half of the we have to part them quite ready for real world the way to grow larger and more durable solar where. i'm optimistic that. we're not totally so i just received. a little bit of the good. news africa coming up on the program today the tobacco band that's gone up in smoke for the 1st time in nearly 6 months cigarette sales are allowed again in south africa but what was the objective off the bat and did it do any more than light up sales in the black markets. and how the pandemic has inspired.

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