Skip to main content

tv   Business - News dw  Deutsche Welle  October 29, 2022 1:15am-1:31am CEST

1:15 am
what is the last few days of the campaign been like with a lot of violence. this has been a very violent so they try campaign, marked by insults and aggression. some of the candidates we have that we have seen, even supporters been keel to turn to presidential res, which he said his grace on did his speech as a full both candidates had been very violent on today. birth in his holding its last to presidential debates and honestly no one he suspected much more than dad. that done daughter insult son, that personal attacks among the candidates. and that's why many brazilians feel that the main problems of the country haven't been on the table during this presidential campaign. ah, ah, every journey is full of surprises. we've gone all out to give you some tips one day in v in the footsteps of the rigby morgan. i'm in europe,
1:16 am
northern. most count to please ah, for a time in the line, but still very much alive. d, w, travel, you'll guy to the specialist in germany, europe. oh, do you recognize where exactly it was fun and i've learned a lot of culture history. all their d. w. travel extremely worth a visit. ah, ah, ah, the chief twit is now in charge of 2 months of wrangling. isla mosque finally takes over twitter. thought the biggest challenge is, could still yet be ahead of him. also coming up as brazilians, head back to the ballot box on sunday will as the potentials of brazil to bills
1:17 am
ties with business. it's that time again dw business welcome either musk has taken control of twitter for 44000000000 dollars. that's following the parent attempt to pull out of the deal and, and, and suing and lengthy legal battle mosque has reportedly already ousted 3 top executives and more personnel. shake cups are expected. the new york stock exchange a suspended trading in twitter shares as the social media platform proposed to de list as it moves into the hands of private investors, including musk himself on friday mosque announced he would create a council to help adjudicate content, moderation decisions. and joining us now is dan ives from wed bush securities. thank you for coming back on the show down. $44000000000.00 a great deal for public investors. but do you think twitter is a worthwhile purchase for mosque at that price? i mean, if you're a twitter shareholder, you're popping the champagne. the problem is he paid about 20000000000 to march him
1:18 am
in their values, probably closer at 25000000000 and that's why this is going to be from mars. the easy part is bind to where the hard part is going to be fixing it. herculean right, taska ahead, especially in social media landscape, but at least is twyla jone for tasa. investors is now over. i want to pick up on that, but because dan, he says he doesn't want twitter to turn into a free for all health scape. so what challenges does a lot musk now face with twitter? well, the biggest challenge is 1st on his success. and the reason is risk person and world because unparalleled with in space ex, social media, whole other animal and twitter. the problem is that free speech and you go down that route, that kind of goes against the problem with advertisers where you're trying to invite them more on you one, twitter not to be assess pool, but you have to monetize and more advertisers. more engagement at a time that they're just seeing massive hurricane like headwinds. that's really
1:19 am
going to be what must piece is going forward. you could cut costs will probably cut 30 to 50 percent of the workers can cut your way to growth. do is going to be the challenges on a mine edition. yeah, and twitter is, is hugely important in the public debate, but it's failed to really capture the value that you'd expect for such an important company. so can e, long turn it around? and if so, how look, i think success, it has to be, i shouldn't sort of frame. i mean, i think moderate success will clearly be there. i mean, twitter has been a treadmill stock for the last decade. i'd say it's a semi train wreck. he's gonna cause cause get a more profitable man, is the shins from a subscriber perspective will be important. now look, the big question is, can he change it into a super ap? the a, you know, in terms of almost similar to what we see in china can heal to molly,
1:20 am
turn into that type of thing. and i think there's gonna be allotted challenges ahead. you know, we chat type model, but ultimately with mosque, it's hard to count him out as we've seen time time again. and that just briefly, is there a risk specifically for mosque in this case that there could be collateral damage for his other businesses? you can imagine if he comes into some sort of encounter with china that could affect said, a tesla's ability to operate for you that all in, in germany is as was well test as a big business here. do you think that could be a knock on effect for him or is that less of a risk? no, it's every country, ryan mean wither regards. we're on the, i'll you are. that's going to be a problem. it's a, you can put the genie back in the bothers me, a political fire storm regard, whatever move he makes, and there could be tangential impacts on tasa. how do you balance china look was happening in europe in the u. s. are these are gonna be from much some of the challenges in what i think will go down is probably one of the most overpaid emanate deal in tack probably in the last 40 years. while it's definitely going to
1:21 am
be in and rescan me entertaining to see what he does with it, then i thank you very much for coming back on the show. again, it's a pleasure to have you but i want to take a look at some more of tech. from this week, sabrina castilla is on wall street for us. i'm sabrina. it's been a terrible week for almost all tech stocks except for apple by the looks of it. why was this week so bad? i mean, we're still in earning season and we got to a very mixed and very disappointing results in a week. many companies, citing weaker demand, we have a strong dollar and we have a less tech spending overall. and us leads to yeah, very big losses as we can see. but it's not so much the earnings itself, but it's more like the guidance on the outlook or the big tech stocks alone. last $700000000000.00 some this week also because many and investors just don't see the growth anymore that they want to see. so what they do is they're shifting capital, they're just selling tech stocks and they're buying other segments of the market,
1:22 am
many value stocks, so to speak. we have them farmer fama of stocks. we have an energy stocks and is really helps to drive the broader market here because these so called cyclical stocks are um yeah, the main competence of the dow jones, so to speak. and the dow jones just had its longest winning streak since may up 800 points today. and it's on pace to have the best month, a since $976.00 that and that's too much good news for me. i want to talk about the dark clouds on the horizon. so if we look at amazon, microsoft and meta this week, all with bad results. what in your opinion has the most catching up to do is the remedial case out of all of them? so i think all 3 of them have different headwinds to fight. i mean, with microsoft, it's the cloud business with them we have what, what was the other one? it's amazon. yes. amazon pearson less revenue coming in the holiday quarter because
1:23 am
of inflation. but it really is a matter which really, um, yeah, has the most, are investors fear the most? the problem here is not so much the daily business. it's more of the future. it's what a lot yolanda, what mark zack about plans to do here with facebook and matter in the future. it's a matter verse and many in versus just don't see the point in it. they are concerned, they even force him to cut back spending and he just doesn't do so. he wants to spend 100000000 dollars and next year and so many investors. they're just like who's in faith in the company at all. and this is why the stock is down to levels we haven't seen since january 2016. so many tech companies are struggling right now . it's hard to tell them apart. sabrina, have a great weekend. thank you very much. staying in the u. s. the important midterm elections are approaching during a difficult time for many americans. they're facing reco price hikes, the petrol pump and the grocery store. some are struggling to pay their bills on
1:24 am
next report takes place in atlanta city with one of the highest inflation rates in the united states. the atlanta state farmers market is one of the most important fruit and vegetable distribution points in the united states. atlanta has one of the highest inflation rates in the country, currently, almost 12 percent, and it's wayne on small business owners. the wholesale cost of lettuce is $75.00 for a case, a year ago, probably $18.00 to $20.00. okay. everyone's got 8 every single day, so everybody has to just suck up and take it and pay the price. traders and truck drivers are suffering from the effects of high fuel prices, which have had knock on effects on nearly every sector of the economy. where we go, we go to the indiana, tennessee. we are at a state lines and i was just mainly the feel that picks everything i spoke basically what the vision is doing. everybody, just
1:25 am
a few prices. midterm elections around the corner on the 8th of november waters will go to the bulk bolts with the burden off to skyrocketing inflation, which is making it difficult for many americans to make ends meet. and brazilians will decide their next president on sunday. one of the key debates is around business. the choice of president could have a material impact on the economy and foreign firms are hoping whoever is in office will make it easier for them to work in the country. director alisha mules rama is worried as he makes his factory rounds. demand for tools is low, but he has another problem as well. ah, who, dorothea, the brazilian bureaucracy is restrictive here and there are high import duties for our machines. and i'm willing to myself, these duties are even higher for spare parts, less if you got. so sometimes we have to pay up to an additional 100 percent. sure . did you think that the food stamps will be who will be for the film?
1:26 am
the company manufacturers components for the automobile industry, the special machinery is imported from a company based in cologne, germany. he says, business would be better if the law makers removed the trade barriers. you see some of his old agriculture is a priority in brazil. and so it's the services sector if you could walk, but our industry is no longer in focus for the government. i. yeah. and we can't continue to operate with his high tax burden. you know that you know, assay cologne, base machine maker shooter has been exporting its equipment to brazil for 70 years . but unlike business in countries like mexico, brazilian firms are struggling as he had hey, brazil has considerable hurdles and disadvantages committees, which are easy to do away with the cold. despite the hurdles german companies have been doing business in brazil for decades. the w assembled it's cars and trucks for
1:27 am
the local market. buyer posted profits even during the pandemic, because business was booming for genetically modified seeds, fertilizer and pesticides. president john year, both scenarios administration approved more than a 1000 pesticides, some of which are banned in the e u. business consultants for closer marrow brazillian business stops and supports the liberal economy minister and ball scenario. if any kids today and most if i have to pick between 2 extremes and i take the one who's economic policies i know by that's why many are hoping for paulo because of his po, get his boss an hour drive all former president littler da silva. as seen as less business friendly and south, paolo directors mines pending and hopes on a new trade agreement between the e. u and south american countries. but as the market, it's still somewhat isolated. there are few free trade agreements. europe could do
1:28 am
business with us much more easily and cheaper if the u. america sor agreement finally goes into effect the fee to modeling your model goddess industry from both continents could benefit including many in germany and brazil. and finally, remember to check out our youtube business special. this time on the dark money behind iran's tools of repression against its own citizens. just head over to r d w, news, youtube channel. and that's all for our show. thank you very much for watching your state with d. w. business i for now. what his life and what's behind them? dw news africa, the show faculty issues, shaping the continent. life is slowly getting back to normally where on the street
1:29 am
to give you enough reports on the inside of our cars fund that was on the ground reporting from across the continent. all the trend stuff mapped out to you next to d, w t drive a taxi, and c in the estonian pine. how does that go together? we hopping on p, marty with find out more about his a nutritive side job and get to know is still use capital tony by can read in 60 minutes on d. w with ended glistening place of morning the mediterranean sea. it's
1:30 am
waters connect to people of many cultures seen of almost rock and to far abdul karim drift along with exploring modern lifestyles and mediterranean, where has history left its traces, reading people, hearing their dreams, ready to join this week on d. w. with mrs. eat avenues, africa coming up on the program, the snow burn off climate change is forcing millions from their homes across the continent. in madagascar, the worst drought in decades is driving farmers from their barren fields. massey is one of them, or she has.

38 Views

info Stream Only

Uploaded by TV Archive on