all right, well before we go, don't forget, you can always get the, the view news on the go, just download our app from google play or from the apple app store. that'll give you access to all the latest news from around the world as well as push notifications for any breaking news. and date of new business is up next course. don't forget to log on to our website d, w dot com and our social media accounts are there to are handle is d w. news? i'm pablo foley has from me and the entire team here in berlin. i care. thanks for watching and i'll see you again at the top of the next. ah. in the country that was host the world are you are these ones you visit,

you're never forget it up. caught in between transformation and exploitation with combined to modern day present with traditional pod. 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 to state full of contradictions. guitar starts november 11th on d, w ah 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 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 a central 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 through 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 25 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 as 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. it's the killers jobs and bolsters growth and germany in deutschland. the smaller stake means costco will not have any say or retail rights in management or strategic decisions. critics of, to deal warner, china will still have access to critical infrastructure in germany because cosco

estate owned in staying with this 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 the costco was a win or loss for the company. yet, it's definitely still a been for the company. clearly wanted to get a stronger position in this terminal for 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 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 private keep praying 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 market 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 averse

in a few years time that way to see 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 blamed high up manufacturing of 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 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

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 lapses. juergen lost and 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 around $1000.00 euros. the current power crisis convinced the

family to invest in the system. mumble similar to what be seen worse when you try to save some money, but that money just sits around the bank 1st could fall per gauge. 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. oh, yeah, i let him, i mash in that since rushes invasion of ukraine. we've had a huge optic in demand for our products. i'm so again, was on products to st, unmanageable. how many people are sending in orders and couldn't unhook that cut us off garden? a certain respect is 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, 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 toilet side, i looks and fun soccer. we use around 3 and a half 1000 kilowatt hours for housewives and can buy and python took over the price of around $0.50 per kilowatt hour. that means 1750 euro's oil war or the let so monetarily were much more independent when he tag asean, than we are the woodfield talk, the down largo 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,

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 even bigger. and now we're running out of raw material because of the high demand. yeah. guns for food 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 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 the cookie ran 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 lengthy 233 at his eggs and then these 3 did not as well. oh dear. well, and finally, the german cabinet has approved a 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 licensed shops and pharmacies. but germany's health minister says the changes must square with e u law. the full legislation is put forward and you're up to date with the d. w business from me and the business team in berlin. thank you very much for watching traditional agriculture transform for to morrow. my e commerce unit asian entrepreneur sandy, helps nearly 400 farmers market their products using online platforms

and their own supermarket through going directly from the farm to the consumer. made in germany next on d, w. 2 teens targeted attacks on energy supply. how are people coping with here in eastern ukraine inhabitants are preparing for winter. despite broken infrastructure, there's a sense of courage in the air is their hope in the midst of destruction. why? focus on europe. in 60 minutes on d. w. o. daily did they come in? know if we see you enjoy eating at home with your family,

was harvested by people more being exploited than id. so for the in that the green revolutions absolutely necessary. oh, europe revealed the future thing determined now how documentary theories will show you how people, companies and countries are we thinking everything, making later changes 0 revealed starts november 3rd on d w b. ah, ah, ah, ah, 2 centuries of industrial innovation have brought jeremy.