tv Business - News Deutsche Welle August 4, 2022 4:45pm-5:01pm CEST
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is profits take off despite the chaos on the ground to try to find out why the german airline doesn't want to pay its workers? mold and passengers continue to face flight cancellation. and now that the chinese can build their own driverless cars. what need is there for tesla? renee laughed. i've been for solon, let's do business. many european companies have withdrawn from russia since it launched its full scale invasion of ukraine in february. but not the german energy company didn't us idea. it's making billions and profits in cooperation with the russian state on competing gas from 1300000000 euros in the 1st half of the year. the company wants to stick to its projects, and russia by criticism is getting louder. a year ago of inches high, dia uploaded video to youtube in it, the gas production and cooperation with the russian state on company gas. one is still price and the highest tones. winters hell dia and gas from proudly announce 1st, guess for them. mega project chin developed. this came years after russia annex crimea,
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and as it's proxies occupied ukraine, stan bus region. but putins aggressive policies didn't stop the company from continuing to pursue its economic interests. as early as 2014, entirely in line with the german government official policy. as heist yet, it's now a matter of building bridges, not tearing them down at because the company has numerous cooperative ventures with russia. the most important of those, the joint exploitation of the know the lingo, august field in siberia, together with gus from vent us. how dia is also involved in the north stream $1.00 and $2.00 pipelines only now has the company announced that it will no longer start any new projects, but it wants to hold on to the old ones. it's argument. if the joint ventures are abandoned, everything will fall into russia hands. those wilson joins us from global witness
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and international n g o that works to break the links between natural resources, exploitation, conflict, poverty and corruption. let's talk ethics. how ethical is it to be operating as a business in russia with a will raging ukraine right now? well, clearly many businesses have already made that decision. and the most extreme example of this, our business is operating in the fossil fuel sector. we know there's a direct link between fossil fuels and putin's ability to wage war and to carry out war crimes and winter shall have been a key part of the machine. and it is completely inexcusable. from an ethical point of view. it doesn't make sense in the long run from a financial climate point of view. and so into shells, current position that the only way to proceed is business as usual,
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just simply doesn't stand up to the facts. what about its argument of resources and infrastructure falling into the hands of russians? well, the damage has already been done. it's quite clear that vin, to show over a course, a number of decades set out to build up russia's fossil fuel infrastructure. it set out to build up germany's dependence on that. and the argument that's to leave russia would simply hand over a few 1000000000 euros to the russians. doesn't stuck up and been to shell has made quite enough money out of brush road the, even just this year, dumpling profits on it gas. we are research like $400000000.00 euros for russian gasoline in the 1st 3 months of the year. they were serious about the statements that they've made. they would set up a fund and use all profits from russian gas to tell from the reconstruction of
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ukraine, but they're not serious about it. so how much is it putting its corporate reputation at risk? because i could imagine the damages who go a lot further than what it's making there at the moment in russia, where history will judge into shall, and all of the companies the continued to trade, russian fossil fuels of putin's invasion. the problem of it's a shot is that you craniums and other actors may not leave it to history to judge them. and there will be measures taken are measured being taken right now to try to hold companies accountable. companies that have continue to pursue profiteering and who have continued to from the. ready war should look very seriously, not just a reputation, but also whether they can be held accountable for what, what about can i jump in there? what about holding them accountable by selecting them with a windfall profits tax,
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for example. well absolutely, and i think you can see across europe growing demand. ready for some kind of restorative tax measure, the oil industry alone has made 3, has made $2800000000.00 a profit every day to the last 50 years. so the money exists to fix the, the crisis that we're in, the money exists to start the renewable energy transition and to subsidize those energy bills that people are currently suffering where it's just in the wrong hands . and so clearly politicians are going to find in miss the most difficult winters for europe, but they're going to need to go and take that money back from the companies that might in 1st place louis wells and global witness. thank you for putting all of that into perspective profits. lufthansa have taken off for the 1st time since the pandemic began a german airliner and 259000000 euros in the 2nd quarter. boyd by freight operations. this will be irritating,
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used to many passengers who st. chaos at airports this summer. lufthansa cancelled thousands of flights in recent weeks and difficulties are likely to continue throughout the busy travel season. lufthansa was recently romped by a ground staff strike with another from the pilot's union on the horizon. andrea spit specializes as a journalist writing on the sector. why does lufthansa continue to struggle while other german carriers are doing much better even taking on laid off lufthansa, staff as always, this is many reasons. and one of the last 100 definitely did mistakes. admitted that they actually did cost cutting too much. and actually they also mis estimated under estimated the, the come back of passengers and like even like a few months ago, basically like last winter, listen half a year ago. and it was still kind of cutting stuff. there were having special
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contract to kind of give people go and had to take to the company would say, now would have liked it, or did you come back, which doesn't happen? how do you underestimate something like this? i mean, when everyone's been starved of their holidays for, for a number of years, everyone is going to want to go on holidays again, all at the same time. that's a very good question. i asked them and asked myself, the think question has missed. they've missed just that because of course they always, always of course probably both back to everybody what was expecting that. but apparently they were not expecting how quickly it came. and the actually cutting this stop the soft base too much, especially in the lower salary categories. whereas now, especially hard to get people back off as qualified and then take some time. what's the difficulty with paying them a little bit more? that could be an incentive? yeah, that's happening now. and then if you already admitted that they are willing and they have to be willing and they are willing to pay more,
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the lowest salary income areas and but overall, the mood of all the kinds of stuff is really at bottom point. and that even before that, and that means that the money is only a small aspect of the current strike that's threatened by pilots and ground stuff. and so this money will probably not be a remedy for everything problem. and despite all that cost cutting, you told us about, would you say live tons has become more streamlined in any way they had to. but as you know, it really fall on their feet because they didn't a wrong manner. and it's interesting that now the province didn't know showing where we just saw today, come, don't, don't come from the passenger business. they come from cargo and from technical business, which is interesting and which is also very telling in a way so they still have to struggle to come back in their business with passengers . and as we see the current situation, what is no wonder things are, these are the rate even financial terms really briefly, can you tell me when i can book that holiday abroad without worrying about whether
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or not my flight's going to be cancelled? yeah, i think if you do that outside of the main, what do you see? like probably for september, october, it might be already a bit better, but officially, lot of times of german airports are saying it won't be any better. this is a big way this year's that might be next year and to be really relaxed in booking at almost any time and not expecting very bad problems. ok, you had it from under a spate. specializes as a journalist riding on the sector. interesting stuff there. lufthansa, sometimes you can cut off a bit more than you can chew. thank you. thank you. chinese search engine by do has become the 1st company in the country to roll out driverless cars on 2 public roads. at the same time, tesla's have been banned in some parts of china allegedly on security grounds observers saith another example of badging, advising in foreign firms, copying the attack and then expelling them. china's driverless cars seem to be
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going from 0 to a 100. this one is an s u v, where the driver and even steering wheel are optional. search engine turned a i developer by do unveiled the model just last week. and some of its older models are already being piloted on beijing's roads to les his founder of sino auto insights, a beijing based auto industry consultancy for our when we talk. moreover, taxes that still far a ways out. he says that chinese companies want consumers to get familiar with the cars by 1st offering them as ride hailing services like goober, or dd, except robotic. but real life hazards could delay full commercialization by many years. specifically in china, there are a lot of scenarios where we wouldn't see them in germany where we might have a cell ensure or delivery vehicle or a motorbike that's crossing lanes without the proper notification and things like
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that. and so we're still quite a ways away from point to point where you call a car like a devi. there's no driver in it picks you up and it takes you anywhere you want to go in any weather in any season. the data they collect ranges from mapping to voices and visuals like faces and license. plates collected by on board cameras and sensors, including around sensitive areas like military zones and government agencies, underscoring some of those concerns. china has been barring teslas from parts of the country that top chinese leaders visit. in this regard, chinese, driverless carmakers may be better poised to dominate their home market. if an lamb is senior analyst at hong kong based counterpoint, research a chinese car maker, they are very good ah inter, greatest. they, i walk in there where these are the ah service provider. all are the solution provider. they will like to say the cause you case they install seek,
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telling the local into my car. even if foreign players can adapt a chinese data laws, it's still unclear to what extent they can make significant inroads. what you're likely sees the buy for taishan chinese companies and, and american companies dominating in their perspective loan regions and then may be competing for regions like europe, south america, with rollouts, of autonomous vehicles now happening in both china and the us. the battle for tech supremacy could be moving into the streets. i think it already has. i think business with you about. ah ah! with
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oh, wow. we have never been this many deaths at europe's external borders. the enclave of milly, john, between morocco and spain. it's also where a true, a city needs asylum seeker tried to cross over to europe, barely surviving. he speaks about brutal push backs and rejection. focus on europe in 30 minutes on t w. o. and sometimes a seed is all you even to allow big ideas to grow. we're bringing environmental
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conservation to life with learning packs like global ideas. we will show you how climate change and environmental conservation is taking shape around the world and how we can all make a difference. knowledge gross through sharing, download it now for free people and trucks injured when trying to flee the city center. more and more refugees are being turned away and the water families playing on tags in syria for these critical illness, with people lean extreme around getting 200 people around the world. more than 300000000 people are seeking refuge. ask why?
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because no one should have to flee. make up your own mind. d. w. made for mines. ah ah, this is d, w is live from berlin, china that's off it's military activity around taiwan, beijing puts on it's biggest show of force around the island in decades following a controversial visit by us. how speaker nancy pelosi.
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