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a weekly radio part show is called spectrum if you would like and the information on the coronavirus or any other science topic you should really check out our podcast so you can get it wherever you get your podcast you can also find us at comedy slash science. turkey calls for a sweeping boycott of french goods escalating a standoff between the 2 countries over free speech. coronavirus cases are ticking up as temperatures drop but business confidence is falling even faster germany's love tang's off for one says it's going into partial hibernation for the winter. and in the flight dining has never been so grounded thing before airline serves up food. movies in an 8380 that doesn't take off but demand thought.

this is the w. business i'm joined now the milan and berlin thank you very much for joining us the route between turkey and france over islam and free speech is turning into a trade battle turkish president. and a number of arab countries have called for a boycott of french goods meanwhile france has withdrawn its ambassador from turkey . turkey's wretch of tayyip erdogan is furious with france accusing a manual mccraw of being anti islam and calling for a boycott of french goods. i'm calling on all my citizens just like they say don't buy goods with turkish brands in france i'm calling all my citizens from here to never help french brands or buy them. whereby france is the 10th because source of imports into turkey and the 7th biggest market for turkish exports french cars are among the top sellers in turkey. says you are

not part of the french tradition is among the best strategy is to calm tensions and explain things. before we have a diplomatic corps that is perfectly suited to fulfill this mission. and to remind people there is no battle against french muslims but against islamic terror. good quality will be small. germany is backing from its foreign minister heiko mass describes erica wants verbal attacks on france's head of state and a boycott call as a new low in relations with ankara. meanwhile the turkish economy is struggling with the coronavirus pandemic turkey's lira currency continues to slide he's a new record lows on monday following the turkish president's boycott threats. as the 2nd wave of coronavirus rolls through europe things are turning from bad to worse for hard hit industries like aviation germany's biggest airline lost tons

announced monday that it is switching into a kind of winter mode here's what that means exactly. only a few weeks ago companies like love tons of thought the worst was over but like its industry counterparts most of the german flag carriers fleet is grounded. of tons or is losing half a 1000000 euros an hour. it's only operating 25 percent of flights. 27000 of the airlines 130000 jobs hang in the balance. 2 thirds of its employees are already on short time work. officers are being closed down. the situation for the competition is equally dramatic. other industries are also increasingly feeling the effects of the 2nd wave of the coronavirus pandemic the full institute's barometer of business confidence fell half a percentage point the coronavirus is back all over europe and that's hitting the

economy hard the i.m.f. says spain will be hit hardest this year followed by italy germany may not be as hard hit and the eurozone as a whole is expected to decline by 8.3 percent this year spain and italy have now declared a health emergency and tighten curfews measures which will continue to weigh heavily on their economies. the u.s. and china have been caught up in a multi-year vicious trade dispute which has involved all sectors now china says it will impose sanctions on american arms companies beijing says lockheed martin boeing raytheon and many other u.s. corporations well come under the sanctions it calls them punitive measures following u.s. arms shipments to taiwan worth $1800000000.00 china claims taiwan as its own territory under its one china policy and says that arms sales violate that principle our financial correspondent yes court joins us now from new york yes can

you tell us what sort of business impact will these sanctions have on these american defense companies. there's still a couple of unknown so for instance the timeline is not obvious yet but it appears at least at this point that the him pick might be limited because u.s. defense companies are the ones here named are not really doing defense business or arm sales with china if you look at boeing for example china is a very important customer and it comes to commercial airlines also lockheed martin for instance has been selling some private helicopters to chinese individuals but those businesses so meaning the non-defense parts though they are not impacted by this ruling from china therefore of the impact might be limited i mean the

stocks of those 3 companies they did trade lower in the monday session but that was probably due to the overall negative sentiment on wall street now speaking of stocks trading lower we're at the start of what's promising to be a very significant trade week you are he said it's not looking great so far but can you give us an outlook of the days to come. yeah clearly i mean this is a wave of earnings reports that we will be getting this week specially from the big tech companies microsoft apple google facebook and amazon those 5 companies alone stand for roughly 20 to 25 percent of the market capitalization of the s. and p. 500 so you can imagine if those companies should miss was their earnings i mean that would put more pressure on the market on the other side if those numbers should be brilliant maybe that gives wall street a little push specially after we had a little di fear on monday with new corona cases it was

a new record in blue chips losing 650 points and besides those earnings especially on thursday we will also get the 1st estimate on economic growth for the 3rd quarter in the united states and a list believe that we might have seen an increase so gross of 33 percent in the 3rd quarter that would be a new record but clearly that would come after we also had to record dive in the 2nd quarter so wafer of numbers and all of that ahead of the presidential elections that also just one week away presidential elections there's that to our financial correspondent younes carter he's bracing for a busy markets week thank you very much for your analysis now to some of the other global business stories making news. oh about fin tech subsidiary act group has been cleared for a double i.p.o. worth $35000000000.00 u.s. dollars the world's largest i.p.o.

to date wealthy and launch on shanghai star market and the hong kong stock exchange it's nash a saudi aramco its record $29.00 and a half $1000000000.00 listing. new numbers from the german government show that turnover in the restaurant industry was down 40.5 percent from march through august compared to the same time last year month by month numbers paint a brighter picture with the biggest loss in april and small improvements as lock down. chicken or fish the choice of in-flight meal may be one that you miss making coronavirus has meant you're not flying as much or at all but there is one airline that wants to recreate the experience for would be loyal passengers just without you know the actual flying check it out. decided to dress when you want to dine in singapore's trendiest restaurant. loose clothing like for a long haul flight everything is just like it used to be. the wait staff are

handpicked all genuine cabin crew. and anyone eating in this restaurant needs a boarding pass. singapore airport has been brought back to life in the middle of the pandemic. we come here to support our. singapore airlines because we have been very good to us in the process and now we're through it most of the time where we are but we travel. no we cannot travel we would like to ensure the appreciation for the aircraft is a genuine $8380.00 singapore airlines has plenty of planes lying around on the carriers currently racking up dramatic losses just like all the other airlines but are they going to spoil the fun not a chance with a chance to engage them at a time when they face the fact that we do hope the flying comes back to an area that is. under guess enjoy it $400.00 seats the tickets sold out within half an

hour inside it's like travelling back in time. and i think they are meant to be on the front line like b.b.c. radio and. the menu on offer ranges from an 8 course meal in 1st class to standard in economy class. this is the best seat on the plane for nothing matters too much and you just have to take care not to get too messy. when your knees barely fit under the table because the hand luggage is under the season front. when the orange juice is always about to slip off the tray that's a real treat only flying itself as more beautiful. a sculpture by swiss artist alberto g. a committee is being auctioned by southerlies tuesday afternoon london time but this is no usual auction the over 2 and a half meters. all braun's of a spindly female figure was cast in 1960 interested buyers can make only one secret

bit of at least $90000000.00 the work though the work goes to the highest bid if it is at least 5 percent higher than the 2nd highest otherwise a 2nd betting round is held it's one of a host of post-war masters being sold on the option. and that's all from me on the w. business team here in berlin thank you very much for watching.

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