to do more, much more to tackle the climate crisis. you're watching w news has a quick reminder of the top story. we're following for you. for a test as have taken to the streets across iran to mock the 40th day since the death of gina masa a mi ni and the end of the traditional morning period. there are reports of security forces opening fire on demonstrators in, i mean, nice hometown set unit, daniel winter has your business updates in just a moment. i'm hold on psycho thanks for watching every day for us and for our planet. global ideas is on its way to bring you more conservation. how do

we make cities greener? how can we protect animals and their habitats? what to do with all our waste? we can make a difference by choosing reforestation over deforestation recycling over disposable smart new solutions. overstate said in our ways or is truly unique and we know that that uniqueness is what allows us to live and survive. google ideas, the environmental series in global 3000 on d, w, and online ah, chinese ship at costco gets the green light to take a stake in the port of hamburg. but the move is controversial. splitting lawmakers, the german foreign ministry, highlighting what it called considerable risks. also on the show as fuel prices

rise, europeans taking that energy supply into their own hands, staffing ups cola 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 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 by a stake in a 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

giant costco has been docking here for decades. novice said to take a nearly 25 percent stake in the port. originally costco wanted a 2 to 5 percent stake triggering a major debate among german politicians. many are concerned about china's growing economic influence. the missing we must reduce unilateral dependency is wherever possible has here 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 korea job 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 costco will not have any say or rito, rights in management or strategic decisions. critics, off to deal warner, china will still have access to critical infrastructure in germany because cosco estate owned in staying with his topic earlier we spoke to yeah,

called gunter an analyst at the mccarty institute for china studies in berlin, asking him whether the reduced steak permitted the costco was a win or loss for the company yet it's definitely still a been for the company. it's clearly wanted to get. ringback a stronger position in this terminal for a variety different reasons. and while the ideal would have been 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 and 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 prying the. 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,

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

full met his big bet on the meta verse. that's where it wants 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 som, 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 maybe we'll be doing this interview in the met

a verse in a few years time that way the st. teddy 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 blade high up manufacturing and supply chain costs for losses in government programs. but it's 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 ended local production and export vehicles after rushes invasion of ukraine in february, rushes industry and trade ministry said car dealer after don 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

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 homeowner's 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 pocketed will power plants but useful nonetheless. finally, the right passengers have arrived to this home just outside of leipzig, juergen lawson. his son can finally add a 2nd panel to the solar power system on the balcony. it's connected to the electrical system. and can produce 520 kilowatt hours of power each year. it cost the family route, $1000.00 euros. the current power crisis,

convince the family to invest in the system. mumble suited to have be some worse when you try to save some money, but that money to sits around in the bank that could fall for cage. so you might as well invest in a solar system or your comments or for seniors on ryan's 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. oh, yeah, i let him, i mash in motion since russia's invasion of ukraine. we've had a huge optic in demand for our products. um, some of our gonna was on products because it's unmanageable. how many people are sending in orders and couldn't not unhook dakota self garden, a certain respect to the mazda stock, but oft and it's not just solar panels for balconies. the demand for many wind power units also has tail whit. 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. your home thought side i looks and fun soccer. we use around 3 and a half 1000 kilowatt hours for house 5, 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 we're much more independent. any tag asean than fia. the woodfield talk. the down larva, the manufacturer says the keep hearing complaints from power companies that the prophets 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, says k toya from pre what?

you had the madison quote. i believe the global chip shortage was a challenge. i followed by the corona virus lockdown in china and the supply chain difficulties even bigger. and now we're running out of raw materials because of the high demand. they are gone for 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 seemed 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 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. okay. oh man, this was not again when, when made a let's see. 233 at his eggs and then these 3 did not live well

to you. well, and finally, the gentleman cabinet has approved a plan that 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 e 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. enter the conflict zone with tim sebastian, the death of a young iranian woman in police custody a spot weeks of violent protest in iran and around the world polymer. i'm the professor at care. brown university blames the western nato,

aggravating the process was fair. iran denies supplying drones to moscow. i did take in the ukraine, russia, or conflict zone on d, w. bay organ put to blotting, mere putin has made a monumental mistake. he believes that he is destroying the ukrainian states, but in reality, it is only destroying his own. he won't be able to retain power for much longer. who's cleaving for power? restoring and empires former glory, by any means necessary. who rushes dreams of glory? 45 minutes on the w. o. the country that was hostile world are these once you visit your never forget it up,

caught in between transformation and exploitation with binds to modern day. presently the traditional past none of my friends has died about. so the thing does happen sometimes between education and tradition, between cosmopolitan fleer and captivating wilderness. the portrait of the desert estates full of contradictions. guitar starts november 11th on d. w. the death of a young iranian woman in police custody, a sponsor weeks of violent protest in iran and around the world. the un, an independent human rights groups of accused arabians security forces of brutal suppression. where does that leave attempts to restart the 2015 nuclear deal? which the you.