tv Business - News Deutsche Welle May 18, 2021 8:15am-8:30am CEST
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just a reminder of the top story we're following for you today u.s. president joe biden has told israel's benjamin netanyahu that he supports a cease fire between israel and palestinian militants israel pounded gaza with air strikes again overnight while hamas continued to launch rockets at israeli cities. business next with chris cover thanks watch. this code. time species. expedition. looking to decipher the secret language of whales that's the exciting part of underwater listening is hear. him say there is there life that you numbers
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you never see. see a company a research team to the pacific to. the language of whales starts june 4th on t.w. . a return to profit but a rough road ahead as germany's 2nd largest bank holds its annual shareholders meeting the question arises are massive layoffs and closures of branches and come out spawning a promising strategy and also coming up. we take a look at how the growing number of female entrepreneurs that do more with business than simply make money and germany begins piloting covert 19 workplace vaccinations by companies. first with a view to
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a nationwide whole lot. of kris kobach in the program germany's 2nd largest private bank commerzbank has returned to profitability after being hit hard by the economic fallout of the coronavirus pandemic c.e.o. monthly will be presenting the figures at the bank's annual meeting which will be held online later today now in the 1st quarter of this year commerce bank made a profit of $133000000.00 euros putting it squarely back in the black but in the final quarter of last year the bank suffered dramatic losses worth 2700000000 euros now the flourishing securities business has driven the turnaround the bank has also benefited from money injections by the european central bank but cuts are still likely with one in 3 employees in germany expected to lose their jobs in the coming years now our financial correspondent conrad booze and is covering the
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shareholders' meeting for us conrad good morning to you there in frankfurt 2 more figures here 8000 jobs are on the line the number of branches to be haft will this get the thumbs up by comments from shareholders today. there is no doubt you know chris the german government still owns about 15 percent of the shares of comments on another 42 percent is held by institutional investors together they really hold a very comfortable majority and from none of these investors came any objections against the plans of the job cuts which were communicated by clematis bank recently you know chris since comments bond took over another large german bank more than a decade ago dress not bank. many jobs have already been cut but since then the bank has not managed to become profitable or contra is downside of downsizing the right move forward here in order to catch up with banks for example in the united
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states who are making a lot of money again and is that even what commerzbank wants no this is really not the end you know catching up with large u.s. investment banks is not what commands bank is aiming at it simply has shown comments about that is that it's not able to compete in this market the new strategy of commands bank is to get hopefully as many private customers as possible and the 2nd important business is the business with the german middle stunned large and excuse me medium sized and small size german companies the problem for comments upon here is that compared to competition is really strong in particular from the public sector savings banks which are called spot cason and folks bank and here in germany these banks are extremely successful with private customers and medium sized and small sized companies cannot bruising driver thank you.
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our shareholders will today added 2 women to their supervisory board so things seem to be moving in the right direction when it comes to more diverse boardrooms nevertheless high level female executives are still a rarity as are female entrepreneurs but among those that are striking out on their own a global trend is emerging women want to do more with business than simply make money . pattern selection for the next batch entrepreneur christine as our produces bees wax wraps for home and kitchen use in her company as an alternative to plastic cling wrap. presents and you of all washed off well this is an organic cotton fabric and it's coated with a mixture of wax actually resin and jojoba oil those 3 components together they're then applied to that fabric buy us bad. stuff. the mother of 2
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develops the prototypes in her home kitchen with lots of wax and an iron today she and her company supply 9000 outlets across europe. one important aspect to the entrepreneur is that all raw materials are organic production takes place exclusively in berlin and as their numbers grow around the world female entrepreneurs say they want more than just to make a profit for the women you want to go out and profits in the next important thing to them but by and large in the gym data really speaks very directly to this this idea that when it comes to prayer times in social tools of my own mental goals and economic goals men tend to prayer ties economic goals or other goals women tend to pray or try as social goals or other goals this is also true for designer karen jordan she only uses fabric from europe that is produced under fair working
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conditions she wants to set an example against the cheap textile and fast fashion industry. dust yourself mark colvin is deafening what we buy today is definitely too cheap and basically you should be able to sell clothing at those prices because i know what the costs here are like even if we consider economies of scale what's on offer here is still too cheap that devalues the garments along with the people who make them we simply can't do that to each other so convinced me. with more women creating their own opportunities in the business world a new values and modes of operation are bound to emerge. but so more about those with teaching on iran she is an advisor author founder and head of global digital women a company aiming to connect female leaders and women in tech welcome to w t h what does a truly diverse executive board look like to you. executive
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but looks like that we don't ask and we don't look for diversity anymore and what we see especially in germany is we don't have section publish we have implemented implementation so we see diversity as a key of more innovation more resistance and more future for companies especially for mid-size and also large companies don't do it and i think that's because we don't have this yet perception problem we have to simply mentor an implementation problem and also diversity is a topic for c.e.o.'s it's a state of the art and also a mindset topic but we don't see it in germany now speaking of implementation germany introduced a quota for women on supervisory boards and as of this year on executive boards as well now you support from what are understand this quota but is there an argument
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that quotas could give women or other groups less motivation to reach top positions in a more natural way. no i don't think so i think what gets measured gets done so we need to studies to be needs we need more data and we need more facts when it comes to diversity diversity inclusion and also equity and not kind of a charity project so we need this kind of measurements we need also to have a strictly goal is specially for thoughts and also c.e.o.'s that needs to be a c.e.o. or topic. because when we don't have called us we don't have a real vision and also mission for a company to become more diverse and also to become more inclusive. did your company aims to connect via email leaders in business around the world what do you tell someone that says this is precisely the kind of network that the proverbial old white men used for a long time to keep others away from power yeah maybe yet but i think at the moment
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we do need this kind of networks we do need global digital women because in the last time in the past we saw that where a lot of. dominated networks especially in germany and especially white male old networks and that's why i found the global digital women because we are empowering the women to become more risible and also to empower each other and we need also to have the space safe rooms to connect and to talk about specific topics for the women to do in our own had global digital women thank you for your thoughts thank you. now let's take a look at some of the other business stories making headlines argentina is suspending beef explores for 30 days to combat recent price increases on the domestic market the country's
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a major exporter of beef with over $800.00 tons sent abroad last year its biggest foreign markets are china germany and israel japan's economy contracted 1.3 percent in the 1st quarter after the government reimpose coronavirus restrictions on major cities the drop followed 2 strong quarters for the world's 3rd largest economy the expansion being stopped in its tracks by a winter increase in cold cases the lawn musk was in berlin on ben monday to check on tesla's delayed gigafactory here the tesla c.e.o. said production would be in place quote by the end of the year behind its original july timeline the company is awaiting final permits for the car factory and the battery plant a.t.m. discovery are merging their media operations in a deal worth $43000000000.00 the new company combines t.v. giant c.n.n. and h.b.o. with reality formats on animal planet and the want to brothers movie library the
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oldest attack of the stream market currently dominated by next week's amazon prime and disney plus german health officials have announced that the coronavirus shot will be available to everyone beginning june 7th not good news for businesses who are hoping they might be able to begin roll outs for their own employees here's a look at one pile of rollout at the drugstore chain awesome she finally got her vaccination appointment sabrina vans i've heard works as a saleswoman that costs money working closely with lots of customers she's at high risk of exposure to covert 19 plus man company doctors are nakia leaving her with the pfizer biotech vaccine. that's been issued i registered with the g.p. 4 weeks ago i hadn't heard a thing so i was glad to hear from the company that we can get vaccinated here to. before i put myself on the waiting list that the vaccination center or at the
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family doctors do it here. it was fast and i wanted to get it over with as soon as possible spawn is set up a vaccination tent in front of their head office it's a model project in cooperation with germany's federal government if everything works out here more than 12000 company doctors across the country will join the vaccine campaign in june was. the point is that any company can learn from our experiences so the use of company doctors can really function officially from the very beginning so they get it right the 1st time. it was many large companies have already started setting up their vaccination programs and would prefer to start immediately but they'll have to wait because not enough vaccine is available yet. of course it's not optimal from a logistical point of view as it has to be planned better but it also depends on the vaccine suppliers were hoping for more reliability called. for it hasn't
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had any side effects from her shot and she's free to go home in a few weeks she'll come back for her 2nd dose provided the june consignments arrive on time. and that's our show thanks for watching ever stop by successful but. how. is happy she got a spot at colognes institute for inclusive education. here people like jenny who have mental disabilities are trying to be education specialists they know the issues mentally disabled people deal with firsthand. academic track for people with disabilities. to.
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globalize us is on its way to bring you more conservation. how do we make signals greener how can we protect habitats we can make a difference to the ideas fundamental series again global $3000.00 on t.w. and on mine. today we're going to meet simple people who have intellectual disabilities have signed up for a 3 year program the blue train and as education specialists at the university level. the candidates are being interviewed today gina de institute for inclusive education in cologne.
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