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tv   Business - News  Deutsche Welle  October 27, 2022 1:15am-1:31am CEST

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protested, have taken to the streets across iran to mock the 40th day since the death of gene and masa armine. and the end of the traditional morning period. there are reports of security forces opening fire on demonstrators in armies homes have at that for me. for now you're watching the w news up next. daniel windsor has your business updates. if you want one use, go check out our website at d w dot com. and we're also asd ebony news on twitter. and instagram allows micah, for me in the theme, had been watching sh her again that i want. that's hard and in the end is a me, you are not a lot of to you anymore. we will send you back her. are you familiar with this with
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the smudges with lions as a beef. what's your story. ready he wasn't, i was women, especially a victims of vine and seen a lot of them take part and send us your story. we are trying always to understand this new culture. so you are not a visitor, not the guests. you want to become a citizen. in phil migrants, your platform for reliable information mm hm. ah, chinese ship a costco gets the green light to take a stake in the port of hamburg box. the move is controversial, splitting lawmakers, the german foreign ministry, highlighting what it called considerable risks. also on the show as fuel prices
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rise, europeans are taking their energy supply into their own hands, snapping up solar and wind power generators for the home. and they've long been coming. but can we get any closer to actually getting essential deliveries by drone? turns out it's not as straightforward as one's thought. it's that time again, the w business welcome. it's a decision which has split the german government, the cabinet approved a deal allowing chinese shipping from costco to buy a steak, inner port terminal in hamburg. in light of the recent crisis over energy dependence on russia, germany's foreign ministry express concern over what it called the considerable risks of the deal. that's right. one government arm expressing a warning over the decision of another. his what all the fuss is about toner or to is one or 4 container terminals in the portal. humbled. the chinese logistics
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giant costco has been docking here for decades. novice said to take nearly 25 percent stake in the port. originally costco wanted a 25 percent stake, triggering a major debate among german politicians. many are concerned about china's growing economic influence. they're missing, we must reduce unilateral dependency is wherever possible. that's good, that also applies to china. keegan, eva, he know the port of humboldt management on the other hand, sees no harm in the deal. executives insist the new partnership will create jobs opportunities and contribute to the economy. this it strengthens the supply chain because we are the ones who control it secure as jobs and bolsters growth and germany in deutschland. the smaller stake means cosco will not have any say, or rito, rice in management or strategic decisions. critics off to deal warned at china was to lever access to critical infrastructure in germany because cosco estate owned in
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staying with his topic earlier. we spoke to yackel, gunter, an analyst at the mccarter institute for china studies in berlin, asking him whether the reduced stake permitted for cosco was a win or loss for the company. yet, it's definitely still been for the company. it clearly wanted to get a stronger position in this terminal for a variety different reasons. and while the ideal would. ready the 35 percent that it was aiming for you know, and it will, it will, it will no longer have the. ringback kind of sort of voting rights that it would have had with that 35 percent share. it's still significant when and it's not just a wind in terms of them getting in 24.9 percent share this. this is also kind of a broader victory for china and being able to continue to kind of prime keep trying to. ready door open in germany and in europe more broadly for the investment coming from it's big stadiums, champions. yes. good to that. let's look to the us now met her, the parent company,
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a facebook has failed to meet investors expectations on earnings. as always, teddy austro is almost free forest teddy. what is troubling matter right now. they're meadows get a hit on multiple fronts here and it's release signifies the real fears. there are around a potential recession on the horizon prompted in part by the federal reserve interest rate hikes. now companies are saying, look, we're not gonna spend big on advertising, and that has hit meta that is hit snap. we saw that last week and we saw it hit alphabet yesterday, but it isn't the only issue with meadow. we also saw apple's ios update that hitler ad tracking. and of course there is the competition. tick tock, eating into instagram, eating into facebook, and despite meadow spending big on reels, its own short video service, it hasn't been able to keep a pace. so met is struggling right now in a broader context of tech decline by the looks of it. but what's the implication
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full met his big bet on the meta verse. that's where at once the future to be that's right. to innovate or not to innovate, that might be the question for meta is it may have to reconsider spending billions of dollars on the met averse which isn't on the market yet. and that may be part of the problem, right? consumers don't really know with this digital immersive environment is meta has created some b r games, but they've been shown to be buggy on popular by some, especially in comparison to the 2900000000 users of facebook. now this is what some analysts, some investors are saying they're saying get back to the basics book. instagram is great. facebook is great. you need to challenge tick tock. but we have seen some reports from employees or within the company saying this is actually just a part of the zeal of mark soccer bird and may not change course. well, who knows if it goes well the middle will be doing this interview in the met
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a verse in a few years time that way the st. kathy austro in new york. thank you very much. now to some of the other global business stories making news. boeing incurred a surprising loss of $3300000000.00 in the 3rd quarter. the aircraft make a blamed high up manufacturing of supply chain costs for losses in government programs. but its commercial plane business is improving as air travel takes off, and airlines buy new passenger jets. german car maker, mercedes benz says it's withdrawing from the russian market. it's selling shares in its industrial and financial services arms to a local investor. the company and local production and export of vehicles after rushes invasion of ukraine in february, rushes industry and trade ministry said car dealer after dom would by the states and south africa has pledged to take over part of s. com's multi $1000000000.00 debt to help the utility companies stay afloat and ease the energy crunch. the
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government has already poured large sums into s. com, but south africa suffered from sweeping power outages due to the company's aging and poorly maintained infrastructure. and speaking of energy, the energy crunch in europe has homeowners thinking up new solutions to ease the burden. solar panels on the roof are no longer the only option. you can put smaller ones on your balcony or even install a micro wind turbine. now they're not quite pocketful power plants but useful nonetheless. finally, the right fasteners have arrived to this home just outside of leipzig. juergen lost, and his son can finally add a 2nd panel to the solar power system on the balcony. it connected to the electrical system. and can produce 520 kilowatt hours of power each year. it cost a family road, 1000 euros. the current power crisis convinced the family to invest in the system.
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mumble suited to will be seen worse when you try to save some money, but that money just sits around the bank that could fall for cage. so you might as well invest in a solar system or your comments, or for soon as you're talking orions, etc, or the solar power system was produced by local started pre want their order books are full and it's hard to keep up with demand i let him i marsh mentions since russia's invasion of ukraine. we've had a huge optic and demand for our products. um, so again, was unpredictable because it's unmanageable. how many people are sending in orders quinn in? that was, i'm look that cut us off guard in a certain respect, who's a mazda stock, but oft and it's not just solar panels for balconies. the demand for many wind power units also has tail whit,
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thomas. but emma has one of the units on his roof. in addition to solar panels. he uses it to charge the battery so he can use the power whenever he wants and save money. the um, so side i looks and fun soccer we use are on 3 and a half 1000 kilowatt hours for a how as far as we can buy and python took over the price of around $0.50 per kilowatt hour. that mean 1750 euro's oil war or the let so monetarily were much more independent when a tag asean, than we are the woodfield talk the down lago using the manufacturer says the keeper and complaints from power companies that are profits keep falling and that they're warning their customers from installing the units with it are also some bureaucratic hurdles in germany. the german government says it wants to cut some of the red tape, but not all. and the flood of orders is hard to navigate,
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says k toya from pre what? you had them isn't what i believe the global chip shortage was a challenge. i followed by the corona virus locked downs in china and the supply chain difficulties if a bigger and now we're running out of raw material because of the high demand yagami fulfill power. the cost for the many power plants may be on the rise. but you're going losses eager to see if they're still worth the investment. now drone delivery has been a long time coming at 1st. it was the big new idea pushed by the likes of amazon. then the reality of the complexity hit and the idea seem to fade, but some companies haven't lost hope and the competition is heating up. a drone delivery could be coming soon to a home near. you sees it a bird or is it a plane? well, it's a drone with an urgent delivery. u. s. retailers are battling for a top spot in the airborne shipping market. but while google and amazon are still
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testing new devices and solutions retail, julian, wal mart, is already delivering so it actually is one that i order pretty often because of cooking. you run out of eggs ally, and we like eggs and bacon for breakfast. wal mart is planning to extend its drone delivery service to $34.00 states by the end of the year, potentially serving up to $4000000.00 customers. the company believes the services an opportunity to be to amazon on speed, especially after quick same day shipping options picked up sharply during the pandemic. do you want me to customers that seem to appreciate drone deliveries as an alternative to quick trips to the supermarket? but while the convenience is already there, the livery process could still use some refinement and here. okay. oh man, this was not a good when. when made a let's see,
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233 out of sex and then these 3 did not live well to you. well, and finally, the german cabinet has approved the planet to partially legalize cannabis jones would be allowed to possess up to 30 grams of marijuana. private cultivation would be permitted to a limited extent, and adults could buy it in license shops and pharmacies. but germany's health minister says the changes must square with you law. the full legislation is put forward and you're up to date with the d. w business from me and the business team invalid. thank you very much for watching routines. targeted attacks on energy supply. how are people coping in here in eastern ukraine inhabitants are preparing for winter
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despite broken infrastructure. there's a sense of courage in the it is their hope in the midst of destruction. why focus on europe next, on d, w. enter the conflict zone with tim sebastian, the death of a young iranian woman in police custody, a sparked weeps of violent protest in iran and around the world. palmer, i'm the professor at around university blames the western nato, aggravating the progress of fair iran denies supplying jones to moscow. i did take in the ukraine, russia, or conflict zone in 60 minutes on d w. b. oh, hello guys. this is the 77 percent. the platform for
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africa due to the beat issues and share ideas. you know, it is a delicate topic because population is growing and young people clearly have the solution, the future, a 77 percent every weekend on d. w with hello and welcome to focus on europe. it is nice to have you with us today. it will be the hardest winter in our.

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