half time macedonia pulled to go back after a penalty, but you quite held on to take the 3 points. is reminder of our top story. there's our editorial stuff, hong kong pro democracy newspapers, apple daily been arrested in the massive police. right. she's accused them if colluding with foreign powers, that violating the territories new security the business has your business updates next to bread. god will have more world news at the top of the day . the news? ah no, it was all feels

jewish. life went through producer and owner, and journalists who are exploring, delving into history and the present. i would never have thought that judaism could be live, so and so it's listed in europe. the 2 port documentary starts july 5th on dw, the the disappointing results for german vaccine maker care vac its long awaited m r. n a shot is only 47 percent effective in the 1st reading of trial results. shareholders are showing their displeasure, but the company says it's not giving up yet. also on the show ever heard of build hog producers of a south african dr. nice that what the trademark,

their product to internationally could mean big bucks, but it will be easy. and merchants toko depend heavily on cross border sales. what happens when a panoramic closes those borders will take you to the west african nation? walk into the show. i'm seeing berkeley in berlin shares in german biotech from care vac plunged thursday after the company revealed disappointing trial results for its corona virus vaccine. candidate. the m r n a shot was 47 percent effective in a trial involving 40000 volunteers. that's far lower than vaccines from rivals biotech . and we'll, dear know, the share price was down by half. at one point me, germany's cure back was supposed to be one of the big players in the fight against corporate 19. the european union had ordered 400000000 doses off its vaccine. optimism was high earlier this year. when cure back ceo sunset house joined in a conference call with your health officials. we are planning to have

a conditional markets approval. somewhere in end of may beginning of june, depending on the data. of course. at the moment our data read out, what we can see is that we can expect a high efficacy there as well. and we are following, certainly also with a varian. now the bad news stage 3 test results have shown in the fixed rate of only 47 percent, far less than vaccines made by competitors. and under the 50 percent minimum rate set by the world health organization. stock market reacted immediately was cure back shares, plunging at times by almost half their worst daily performance since the company's august 2020 i p. o. research will go on at cure backs labs. but for now, the company is unlikely to play

a major role in the short term fight against the virus. and for more on this we go to yes, quarter in new york. yes. these are initial results from care of the company expects a full read out in a few weeks, but have investors already given their verdict? well, i mean, well, 3 doesn't really seem to have too much, hey, sends a company, at least at this point. i mean, the stock gets matched. i, but remember where you. well, thank you, rick went public on time square at the gnostic exchange in august. but then for $60.00 a piece, then just recently we saw about $100.00 and now we are trading at around $250.00. and some analysts on wall street saying that the cure makes talk even could drop as low as $15.00 a piece. so clearly, at least for one day, not too much in that company from wall street. yes. how damaging is this in the long term for a company like your vac, which hasn't brought

a product to market? and was of course, very focused on the stock seen clearly, i mean that's what we've seen with cure weight, but also with other companies like to be on take care for instance, are also moderne. i mean, they all, at least for now depend on this one. covet exceed on the market, that's pretty much their own product. they're selling right now. i mean, there is still hope also for cure wake together with the lack of smith klein, they're working on the next generation coven vaccine. and that's what i for some people thing on wall street that they should focus on that new generation. and hopefully that will work. and we'll bring a cure back back in a line just talking about the competition because clearly this is also time why it's a problem for cure. why? because they are already behind in comparison to companies like be on take madana and those 2 stocks. by the way, they are trading up quite a bit in the thursday session. so they're profiting from the problems that kubrick

is having at this moment. all right, so rivals benefiting their young quarter in new york. thank you very much. and staying with markets, bitcoin has traded modest fleet today, but the roller coasters of past months or even years can be ruled out in the future . a 2 months ago, the crypto currency was worth nearly $65000.00 the highest it's ever traded. since its founding more than a decade ago, now it's around $40000.00. that's about 40 percent down from its value in mid april . a critic say it's highly speculative, and the amateur investors should stay away. virtual currencies, more recent highs and lows have also been subjects. i've also been subject to the whims of one, ellen musk, his support or criticism of bitcoin can send the price up or down with a tweet. earlier we spoke with economists and crypto skeptic, maurice hufton, and asked why he's no fan of the digital currency. that is because bitcoin is the scars,

and that is the scars commodity and scars. it means it's fixed and it's supply. and that is not a good characteristic for money because everything that is scars can become quite wall tile, which as you mention is definitely the case for bitcoin. you mentioned the roller coaster right. and well that, that might be of interest for investors, but that doesn't add value to the read economy because if the price is quite well entire, then investors don't know and especially firms don't know when to invest. and i also think that bit corners have faults of all the theory of money behind the whole project since they see inflation moderate inflation as a risk. and they think that deflation is a good thing for the economy, which is definitely not the case or a hurt, and they're talking about the coin. let's take

a look now at some of the other business stories making headlines. an hour long blackout hit a number of airlines banks, as well as other companies dotted all around the world with angry customers, unable to access websites and mobile apps, the u. s. based tech provider, a comma admitted it was the source of the problem, the outer shows how vital behind the scenes companies have become to running the internet. the revenue tick tock owner bite dance more than doubled last year. the $34000000000.00. that's according to the wall street journal. the growth underscores the video apps massive global reach. overall tick tock posted a loss as the company was forced to compensate staff with share dividends. germany export it just under 6000000000 euros worth of weapons and military equipment last year a fall more than a quarter compared to 20. 19. that's according to a government report, comes in and fears that german weapons could be ending up in the hands of human rights abusers. germany is biggest customer was hungry, followed by egypt, israel and the united states to africa. now in the small west african nation of

togo is dependent on close ties with neighboring countries like gonna and jury a but it's borders have been close during the pandemic. and that's brought trade to a crash for many small merchants. recent months have been nothing short of disastrous saline go sells textiles and close at markets and the tow gleese capital low may, but she's barely had buyers for months. customers from neighboring countries are staying away and the locals don't have much money. more than anything everyone. molly ins nigerians they used to come even if we said it wasn't ok, it was fine. i stepped out but now everything is on its knees. i've been here since this morning and i've only sold one loin cloth, but i have a family at home to feed many mouths at home to feed them. woof, woof. 11 is emmanuel so guardy,

president of the tow consumers league watch to the traders, drama unfold every day. he's been in contact with the government about the situation. several time calling on the authorities to reopen the borders fast. because trade and togo is heavily dependent on its neighbors. last year economic growth flowed to 1.8 percent from an initial forecast of 5.5 percent. and now prices are rising to public transport costs have gone up and the price of basic necessities have gone up. there are difficulties for consumers. travelers crossing borders and there are also higher prices in almost all services. and so everyone is trying to transfer the impact, and it's the consumers who are suffering to live in 530 toes. last wave of the corona virus was in april and at the moment, daily infection rates are in the lower double digits. but hardly anyone here is

vaccinated and the hospitals are poorly equipped. the fact that social hu negotiations are underway between the various countries to determine the conditions of this opening and to facilitated an opening that is perfectly in line with the development of the current pandemic. uncle and i saw the live were to show that up on the extra people here are hoping for a rapid reopening so that they can put this crisis behind them. is it the pursuit whoa of south africa bill. talk homey. meet dr. needs. that is getting a special marketing polish and a global market for dr. meter jerky has actually serge during the pandemic. south african producers now want to get in on that wave. and trademark built on for a global bush here and says african favorite is being made. built on his beef marinated with a mix of spices, salt and vinegar. it has been dried for several days, which gives it a unique,

savory taste that has become popular all over the world, hoping that uniquely awful for shoot all born even call it. so that's what we find. it's being copied and made all over the world at the moment. under the name, we feel that 9 volts on should be protected as a service and product. this factory alone produces 40000 kilograms of built on each month for the local market. to capitalize on surging international interest. so the african producers want to trademark built on and prevent manufacturers and other countries from using the name for experts worn. it may be too late. is very popular term and popular product. i mean, if you look at the mortgage to throughout the world, there are $200.00 applications, including the total indicating effect around 15 in other states. so the 7 in the u . k. this is very popular and the question for the challenge really is to put the

genie back in the bottle or able to resist this and encapsulate this term and on it . local products like roy boats, herbal tea already internationally, trademark. where do we adding built onto the mix? won't be the so that can be, can only be exported once. it has been approved by local officials and undergone stringent testing by authorities abroad. that means built on has a hard time reaching potential international market. what we looking for is essential protection for up producers got for portugal and champagne producers got for france. we're not going to solve our problems. we're getting our products exported, but we at least might get a little marketing. it's complex, but the struggle to african economy would welcome any potential boost in exports. and finally, a mining team in botswana has under the 3rd biggest diamond ever. the gems gemstone

is 1098 carrots and measures 73 by 52 millimeters. it was dug up by mining firm deb swanner as a joint venture between de beers and the botswana government, which receives the 80 percent of the income from deb want to sales through dividends, royalties, and taxes the diamond find couldn't have been found at a better time production and demand, we're down in the sector in 2020. right, that's it for me and the dw business team here in berlin. as always find out more about these and other stories d, w dot com slash business. ah, me. just fight against the corolla virus pandemic. how has the rate of infection in developing? what does the latest research information and contact the corona virus? 19 special next on b, w to the point. opinions, clear positions,

international perspectives. police this week have been on the highly anticipated geneva between 2 very powerful men. famously don't get on well. so was it worth the wait to find out join me and my get on to the voice the, to the point. very dw, the now our populations across the world cove, in 1900 vaccines are struggling to reach some of the world's poorest countries. and communities are also some of the most jazz, wary countering deeply held believes as a tall odor, especially when historic inequality and health care itself is partly to blame.