much higher than it's neighbors. or conflict. in 60 minutes. is for everyone very different from primates. ridiculous. view of nature. how to improve books you get smarter for a brief. uncharted territory the 1st. to be worth 2 trillion dollars ours managed to do that despite. coming up. deal to restructure $65000000000.00 in debt many of the key to reviving the economy is

struggling. and will visit greece for a look at how europe's summer travel season. tourist destinations in the year of the. business. it's great to have you with us. has become the 1st u.s. company to reach a market value of 2 trillion dollars. 60 percent this year despite the shutdown of the chinese factories where producers i phones. during the pandemic the rally reflects growing investor confidence in shifting away from selling devices and services to. financial correspondents in new york. jose currently the only 2 trillion dollar company will. be back under the 2 trillion mark last year what is

doing right. i would say that basically keeping the customers like myself very happy and loyal but also in tangle in needs the ecosystem which keeps getting bigger and bigger and that's why the company double its value in the last 2 years before and as you mention is no longer a one trick pony for apple while the rest of their of the hardware business which includes computers and has shown a lot of stability over the years and it's been reinforced with the wearable such as a watch or the airports about the currently services a business is becoming queen to sensual for for the future growth to cloud music in a t.v. streaming and news ascriptions but most importantly it's up story that said the up story coming in now under pressure from a regulator set n. could pose a risk seen there near

a medium term also to keep in mind. and the ongoing tech war between the u.s. and china. stocks clearly soaring but texas tech stocks in general if a massive role in sending u.s. stocks to record highs of recent they said how long can that actually continue. according to twitting desks a rubber there is a still potential 40 s. and p. $500.00 to rise of another 7 percent until year end but i would say it will depend a lot on the recovery how longer defend it's going to keep pumping massive amounts of liquidity and accommodation to desist him and also how quickly legislators in washington can approve more stimulus for consumers big tech companies that have a very solid balances right now and benefited a lot of from dell lockdowns and deep endemic steel consumption it's a 2 thirds of the u.s. economy and it will be crucial for big tech and also for many other industries or

to keep the current bullish market to life financial correspondent jose luis to harry joining us from new york now to some of the other global business stories making the news. amazon is planning to create $3500.00 jobs in the u.s. after doubling profits in the 2nd quarter is looking to recruit engineers i.t. specialist and administrators 6 of amazon's u.s. hopes will also be modernized as part of the $1400000000.00 expansion. us president donald trump has called for a boycott of goodyear tire and rubber company after employees in kansas were told not to wear politically affiliated slogans such as make america great again in a tweet trump wrote don't buy goodyear tires they announced a ban on a hands. on line food ordering company delivery route delivery hero

to replace wild card on germany's dax index berlin based some of the world's biggest takeaway delivery brands fin tech firm why a car will leave the dax next week following the scandal over 2000000000 euro hole in its finances. and afghans are as reached an agreement with pilots server a package of short term measures to cut costs in return for job guarantees through next march the pilots union has agreed to reduce the top payments to short time work benefits as well as cuts to pension benefits until the end of this year. now and tina has just clinched a deal to restructure $65000000000.00 of foreign debt small and medium sized firms should be preparing to play a crucial role in the economic recovery but they're struggling to survive after 2 years of recession high inflation a debt crisis and now of course covered 19 french school or winners textile

factory in a bonus ariz suburb has been through many crises but this one could be the last the machinery has stood idle for months because of the coronavirus pandemic sales have disappeared the firms 18 employees are stuck at home in french a school or away now has given up hope. when i say it's the worst moment in the company's history that's based on the fact that over the last few years our businesses suffered it's been punished especially because of the financial sector. we've been paying interest rates not considering charges with loans we've been financing ourselves from banks that does not allow for growth in the company on the contrary. but now argentina needs people exactly like him medium sized companies account for 70 percent of the country's jobs they are needed to revive the economy after the

debt deal and bring back much needed foreign investment instead the opposite is the case in the 1st half of the year 28000 companies went under that's as much as in the last 4 years combined the bad torah restaurant is among them. and the problem is the pandemic we decided to close down locations one week before the formal lockdown we told it would just be for a bit of time and then after the 1st or 2nd month we started to realize that it was impossible to keep the locations open on the big restaurants with a lot of personnel between 25 to 30 people precise it was practically impossible for us and the moment arrived to take the decision to close the locations. economists expect argentina's economy to contract by 10 percent this year. but without economic growth the new restructuring program looks destined to lead to

another sovereign debt default. it's now been 3 months since grace reopened to tourism one of its most important industries the sector accounts for a quarter of greek g.d.p. with 33000000 visitors a year and then no more here of course 2020 has hardly been a normal year. so returning to santa rini. sparingly normally the alleyways are fill at this time of year but this summer many hotels remain closed. there are few guest from the u.s. and china and most of the look of wedding receptions have been perspire and until next year photographer demitra bratton is getting a whole new perspective on her and experience something unique here because. we're sitting here for 10 minutes and nobody. all the photographers have their cup was here and they were waiting for queue to foot or so many local businesses

have already written the season off for the tourists themselves the situation is relaxed. it's a strange feeling to be here and normally it's probably. it's great as a crowd. it's a holiday in greece prime minister. the country back in june and he promised extra doctors for the island the public hospital on santa really has 5 new health workers and several intensive care beds luckily they haven't been needed so far the live. we have been tasting here since last month doing molecular analysis you get the results back in an hour. the mood is mixed among hoteliers. an explosive hotel which our family has owned for 30 years none of our regular guests have come yet she also sees the coronavirus pandemic as an

opportunity a chance to rethink. tourism want it back for a couple of years for sure at the levels that they where so they should maybe concentrate on their farming. on something else to make their economy more sustainability especially. sustainability is the big theme right now in santa rini the popular island wants to limit match to resume including cruises. has just launched a new program. we hope in a couple of years we're going to be. free plastic free. completely free from plastic. we're going we're going to use anything that is plastic. and even if we use it we're going to get people on sun to really want to steer to resume new directions for the time being everyone

just hopes the infection figures remain as low as they have been among locals and tourists. and finally collectors have set their sights on a very special lot here to be sold at auction in the u.k. later this week a pair of spectacles worn by perhaps my gandy. in the city of bristol on friday. the indian independence conic rims were found stuffed in the auction houses letter box with a note saying that they were indeed these glasses the lot has already exceeded expectations with passing 55 pounds. and that's all from me in the business team here in berlin you can find out more from our website p.w. dot com slash business thanks for joining. a

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has made us it. looks nice to people. who want to use today for their future. g.w. dot com for megacities for the multimedia. click. before they became a global sensation the rather un sensational beatles took to the stage for the very 1st time 60 years ago this week welcome to arts and culture more on that historic anniversary coming up and also on the show are these the coronavirus super spreaders of disco photos of the botched party life and the austrian ski resort

before lock down. and germans make great cars and washing machines so why can't they put together a decent outfit the latest in our series meet the german. but 1st they were the bookers 4th choice that night at a club known more for strippers and. prostitutes and for good music but that is how the beatles got their very 1st paid gig 60 years ago this week in hamburg west germany today of course they're one of the most famous bands in the world and despite the coronavirus hamburg's how many concert house put on a very special performance to celebrate their 60th. 'd buy me love like you've never had it before jazz pianist you know who's man's unusual rearrangement of the beatles classic just 60 years of

beatles celebration in hamburg.