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tv   Business - News  Deutsche Welle  April 26, 2022 8:15am-8:31am CEST

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ill keep preparing for the worst you want to be w news, that's it from me. other news team for now do not go away though christy. pleasant is ob, next with business and a lot more on the ellen mosques purchase off a twitter. and of course, this a lot more news on the websites d, w dot com got offers in berlin from me on the team here. thanks for your company. ah, ah, ah. it started out with spooky intimidation and transformed into an orgy of hate and violence. the history of the ku klux klan, the oldest terrorist organization in the united states, its members fight for races, state ruled by white supremacy. what we're talking about here is not only
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disorganized violence, it's not only terrorism. it's politics. founded over 150 years ago. it's repeatedly died out, but always been resurrected. the ku klux klan starts may 11th on d. w. o. o. the world's richest man buys twitter. ellen musk seals a deal to take the social media platform private. we'll talk to our correspondence on wall street for the 1st time, countries are spending more than 2 trillion dollars on weapons, and that was before the start of the ukraine war. we'll talk to an expert about whether the next global arms race is on. and these e bikes aren't just fun to ride. they're also keeping their makers business spirits
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up amid the war in ukraine. this is the business i'm christie. plats and in berlin . ilan mosque. the world's richest man has struck a deal to buy twitter for $44000000000.00. the publicly traded firm will now become a private company, owned by the tesla c e o. he negotiated a purchase price of $54.20 per share. twitter said, an avid tutor user himself mosque has complained in the past about the social media platforms, moderation policies, and its functionality. he has proclaimed himself a free speech absolutist and has promised to enhance the service by making algorithms open source taking aim at spam bots and improving authentication of human users. well for the market reaction, we go now to our correspondent james sweeney in new york. james, tell us how did investors react to this nurse?
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well, i don't think a lot of people saw this coming today. at least not this fast, but you lot most again, he showed his head last week and showed that he had the funding to take twitter private and the deal was made. in fact, it was bit of a normal deal. a bid was submitted, the funding was proven to be existent, and the existing boards of the offer and simple math showed that it was a great offer at $54.20 per share in cash. and he alone pulled it off. he paid a lot for twitter, $44000000000.00, and investors are all taking this in within the last few hours. and the reactions are mixed. but i'd say positive, listen, it's a big m, n a deal and look at the market today. the dell was down $500.00 points, and then again, $200.00 points at the close starting around the time of the, of the announcement. that's when the reversal happened. so i would say investors, especially those twitter shareholders. they are probably popping champagne bottles right now at such a premium price. right, james? well, now that we know it's official, what do we actually know about masks, plan for this business? well, a question. a question like that has brought answers. isla month has called twitter
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or digital town square. we're humanities to be debated where free speech must remain. so there's a lot to take in there. a big move that should be immediate. this is promise about the vacation of actual people. so the removal of bats must be immediate. we've all had to deal with that. the current board will also probably be given the boot, most likely, perhaps created an advisory board, a big name users, business persons influencers that utilize the platform to its fullest extent. remember, it's also going private, so perhaps twitter will open up the algorithms, move bands on some that do not worry, have them, especially some of those that lost their voice for sharing stories. the reports that were deemed true months later. and when it comes to free speech, well, let's just say all we have to do is wait and see how the new twitter handle that because that's a lot to handle. right? well, we know that tesla famously never pays for advertising. and meanwhile, twitter is business model is based on ad revenue. critics have long complain that the platform isn't profitable enough. do you think this is something my mask is likely to tinker with ill unless i should play around with this?
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remember ill and must but twitter, but it does not mean that he's going to run the company. a lot of people appear to be forgetting that also. elan is a business man and who runs a successful business and who's going to be a successful business man. if you're not into, if you're not in it to win it, you know, make a profit that answer your question about profitability as best as i can because i'm not line muff. he's the only person who has the answers. he's already said that he has no economic interest in twitter rep, so also it truly as a giant unknown as to what you learn must wants to do next with the platform and how he will make it profitable, or even, or even if he wants to, that answer can only be discovered, i guess, over due time, just a big report and a lot of what if still out there? well, we'll be watching. thank you so much. for the 7th year in a row, countries around the world have spent record sums of money on weapons. and that's even before russia's war in ukraine started. this is, according to the stock home international piece,
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research institute. total global military expenditure for the 1st time exceeded 2 trillion $1.20. that's an increase of point 7 percent from the year before. now the biggest spenders this year were the united states. china, india, the united kingdom, russia, france, and germany. together these account for about 2 thirds of global military expenditure. china's military spending grew for the 27th consecutive year. with many countries, racing to bulk up their militaries and made rushes invasion of ukraine spending is likely to rise further. we asked alexander remarks, diner of the stock on international peace research institute, if we find ourselves in the middle of a new global arms race. so realtor is the name doesn't automatically media procurement spending rather other types of spending. you eat a paid salaries of troops, you need to buy fuel for your tanks. so you know,
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procurement is only a part of it, but we are seeing that many of these nasty increases are very much focused on, on military german, as well as research and development. now to some of the other global business stories making news, us regulators have granted approval to gilead sciences, coven, 19 drug, rem desert, beer to treat infants and children over 28 days of age. it's the food and drug administration is 1st approval of such a drug for children under 12. it's applicable to children who are hospitalized or at a high risk of severe coven. 19 norwegian police have arrested 20 greenpeace and extinction. rebellion activists for blocking a tanker delivering russian oil to an exxon mobil terminal. the group called on the norwegian government to ban imports of russian fossil fuels and said exxon mobiles, local units should cancel, contracts for imports from russia. the german cabinet has agreed on
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amendments to the energy security act. in the event of an energy crisis. it allows the government to place companies into a state trusteeship, and in extreme cases, they can even be expropriated. the original legislation stems from the 19 seventy's oil crisis. the european union is desperate to boost ties with india and once deli, to reduce its links to russia. it's main weapons supplier. the blocks latest attempt takes the form of a new trade and technology council meant to boost cooperation. european commission president was a funder lime pays her respects at memorial to indian independence hero. mahatma gandhi. the west was rattled when india sided with china in backing rushes, invasion of ukraine on a visit to new delhi, the europeans now hope to at least keep trade and tech cooperation on track. we are violent to walk me through on supporters of international
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and oh, we have a pool facing challenging china's india's leading trading partner with 12 percent of total indian trade that's followed by the u. s. with 11.7 percent. the use in 3rd place with $62800000000.00 euros worth of trade or 11 percent of total indian trade. this will be the 1st such technical agreement for india on the 2nd for the you. so far it's only set up a similar mechanism with the u. s. d. you hopes that trade can keep the relationship between india and europe warm. now we're off to california, we're an e bike business has set up shop. now the bikes have been lauded for being top of the wine, but the story goes deeper. these e bike makers are from ukraine, and with the help of colleagues working from bomb shelters,
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the founders are trying to navigate the war and keep their enterprising spirit intact. the w warder emron reports across the street from one of southern california's biggest oil refineries, sits e ride. one of the areas stop destinations for all things electric and more. one unique set of wheels that catches the eye is this one, the dell fast top 3 point oh e bike console. the manager at this e right bike store is full of praise for it. he does us, it's made by a team of ukrainians. they walked in and there, there was the most rangy bye to have him. oh yes, this one. hello. okay. that's cool. it took me outside and they show me where they had and i was a jesus 200 miles range, 50 miles per hour, an access road. and i had to, um, and i told my boss he, oh that you, we have to get his bike here. and so they did in 2021, the 1st ukrainian adventure bike made it sweet, the u. s. market. and this is del,
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fast or part of it. the company found a new address in temple city in eli county, c. e. o. daniel and marketing executive, andre from the company from this home turned headquarters, their bike sell like hot cakes, but it hasn't been business as usual for dell fest with a team of 35 and some still in ukraine. this has taken a door on the c, e o. one of our team members, your name is barrier. she leaves in heart if she to and harker is almost the most by rushing bombs. when we share for our weekly room was every one. i can see a concrete walls around cure because she's in the basement in the underground garage. ah, i can see a concrete to a staircase above your head. and i can here is siren. the city is being born, been currently working from bomb shelters, and under extreme circumstances. the team managed to engineer a new model of their top selling bike with an enhanced design. the feeling that we
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are together and that we are continue working on it. give sir, this unity feeling despite everything, the pain, the suffering, and the hardship that he will never give up on their dreams. daniel says we're building a multinational huge corporation in the electric vehicles here. and we believe that we will do this because we okay. just the best buy, consult to achieve all those. the team works beyond the usual hours, and in more than one sense. when we finish her working, our usual walker organ hours, we continue working as her just ukrainians. we go to rallies, who do demonstrations. we take our flags. we have meetings with congressman daniel and da fast team are determined to become a big claire in the bike business and continue to help those back home in ukraine. a reminder of the top business story we are following for you this our teslas, c,
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e o you on mosque has acquired twitter for 44000000000 dollars. the publicly traded firm will now become a privately owned company, owned by mosque, who has been critical of the platform for blocking controversial content and users . well, that's our show for more. you can check us out at d, w dot com backslash, all with and a clear message with talk music as a means of transmission. oh, great to the soul. mm. aren't 21.
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