to lay the cruise in, they'll hope this wind will prove the decisive turning point in this season is a quick remind her of the top story will follow and flee the winds. annual climate summit cop 27 has begun in egypt against a backdrop of geopolitical tensions. abbey global energy crisis. the issue of how to compensate those nations already suffering the most from climate change will be high on the agenda. and with that, you're up to date, chris cobra will bring you all the latest business news after a short break. i'm on your curves mckinnon. i'll look forward to seeing you at the top, the next hour. and again, all the harvesters are immigrants, goldlick is faithful. everything you enjoy eating at home with your family was harvested by people who are being exploited. it's like this for free, and we're going to need to

a home can we can keep doing what we're doing. and that's why your green revolution is absolutely necessary. europe revealed the future is being determined. now, our documentary theory will show you how people, companies and countries are rethinking everything, until i can make a change in europe revealed this week on d. w. ah ah, a lot down hitting the world's most valuable brand, the where it hurts, covered 19 curves are hobbling apples prime production site and china full of live analysis on what that means for china and the tech giant. also coming up as leaders

as copies $27.00 are discussing on how to save the world's climate. many companies are still falling short and reaching emissions. targets will get an expert's view on why. i'm chris culver. welcome to the program. a one gearing up to buying the latest i phone 14 pro or i phone pro max for christmas. better stop and take a deep breath because apple has warned to expect longer way times to receive its latest products ahead of the holiday season. because of china's that strict 0 covert policy, the tech giant has announced that its production facility and john joe, the world's largest i phone factory, has been locked down. abil said the assembly plant operated by fox con is producing at significantly reduced capacity. adding to the grim picture, china's export slumped 0.3 percent in october. they're sharpest decline since may 2020 or right or more in the spring in the tech

analyst, ivan lamb and hong kong and correspondence fabi encroachment in beijing fabi. and let me start with you. what can you tell us about the conditions and the situation at the fox con, planned in jungle? yes, the plant is also called i phone city because it produces a roughly 80 percent of the newest, i phone generation. and it's also as big as a city, i mean with up to $300000.00 workers there and i went, john jo basically went in to look down at the authorities implemented a close loop management on the production side close loop. that means that the workers basically can only move from their dormitory to the work site. so it's a really harsh conditions. and on social media, we've seen a lot of posts and a stating by workers that you know, the medical conditions are not a sufficient. some were event, a fearing like not enough food supply. so what happened is that m several thousands

workers, they were fleeing, they left the production site because they didn't want to work any more. also out of panic that and it, the virus might spread with in this a close loop management engine, or fox con, so far has even offered a recruitment bonus for any worker that would return. ivan, over to you and hong kong demand for high and smartphones as helped. apple remain a bright spot and another was battered technology sector. what does this reduction and output now mean for apple? so go ahead, pull dead dad is a few weeks out. ah, any disturbing and is to then they'll be like a reduced a or i'll put in and then a, as apple said they already status and lower the expectation from the consumer and, and output. and they be standing for sun dealer's saying some our own channel. i shipments that this output as him at all, only for the i phone,

14 pro and pro max that for the 14 and holding cassie's. not effect till much. ivan is this sir, than the situation that apple is experiencing. now is this a boon for apples competitors? it to me, i think it's for the committee days, it's not actually a bond because currently dull rural, all as martha lee, i'm sad facing the same situation that the marker will have things and also dad didn't get mine from the consumers. i saw a post, you can maintain their position on the high in a fabi on back to you. and in beijing, chinese experts are down for the 1st time since mid 2020 or what are the prospects of the 0 covered strategy? the beijing has been pursuing that strategy being used yet, it's a good question. i mean the trait numbers are very disappointing,

and the are a proof to what degree is 0. cobit asserting the economy. however, on saturday, the national health commission gave a press conference, clearly stating that the country will stick to the recovered em. but let me tell you that the numbers are, i mean, the infection numbers are as high as you know, early a may. i mean, the biggest rise and affections a since are basically half a year. so it's entirely possible that the virus at some point will force an opening up there to really a critical timing. we can see that also on beijing want more residential compounds are put under locked down. and really it is questionable if china can again contain the spread of the virus or no dim correspondent, fabi and credit marine bridging and tech analyst. even ivan lam and hong kong, thank you to your both. just how committed our companies worldwide to climate protection. the london based carbon disclosure project has been taking a closer look to see what measures companies are taking to combat climate change.

now the institute examined $12000.00 companies around the world, but only a fraction are committed to measures to stop climate change. now a mere 272 companies need one of the 3 criteria needed for a top score. just 2 percent of all the firms surveyed companies must prove they are reducing emissions and that their climate protection plans stand up to scientific scrutiny and germany just one firm. the flavor manufacturer, sunrise is judged to be a truly environmentally friendly company. in all 14 german companies made it onto the list of active climate protectors, including rail operator dodge, bondo, telecom fuel maker, toussant group, and software group. s a. p. s. a. p. is committed to climate neutral operations by 2023. altos and group has pledged to produce its feel in a climate neutral way in the future. my earlier i spoke to karen piddle,

director of the center for energy climate and resources at germany's e for institute for economy research. and i asked her why companies weren't doing more terrain in their emissions. this is a couple of reasons. recently, of course, the crisis 1st, a corona crisis, and then the war off russian on ukraine. of course basically put a demo on all kinds of investment and that also concerned climate protection investment. but on the other hand, there are some more basically underlying issues. so for example, companies are still fearing that if they increase their cost by investing in time protection, they might not be internationally competitive anymore than they might also wait and see whether that might be additional subsidies coming that way. if they invest in it too early, that might not get them. so there's a number of different issues that prevent companies to invest at that scale as it would need it would be needed with cop 27 meeting right now. how are emissions

globally to come down when companies in g 7 countries for example, failed to reach the emissions targets set by the parents climate agreement. and basically on one hand, to have to be more ambition in the has to be more efficient in the national policies that i mean more certainty also about future policies. so decisions have to be made quick and decisive. but on the other hand, also there has to be more international cooperation between especially the big emitters. but of course, asked the global situation is at the moment of china and the us being at loggerheads, but also with, of course russia, europe and the whole sanction situation. the question is whether that might be feasible. so you don't see the real willingness for cooperation here. is that right? i, i think there is an underlying willingness to cooperate with respect to climate protection

because all countries basically face the repercussions if they don't. but on the other hand, that is kind of, there's an overlay of current political of the current political situation, which prevents many things to happen. speaking of the current political environment, the international energy agency says that the ramifications of the war in ukraine could be propelling the use of renewables. deer agree with, with that assessment, and when are we going to feel meaningful impact? principal, i do agree, i fear we will see in the short term basically the emergence of fossil energy, especially switch from gas to oil, coal. but at the same time there's of course, a large incentive now to kind of secure more. yeah, less expensive energy in the future that will be green. it's also less prone to certainty of fluctuations and international markets. but i think there will be this,

this boom and investment and renewables, but it will take a couple of years so we won't see it next. year all the year after, but i think in the long term that will be some help basically for that the colonization coming from the situation. kara pet, all director of the center for energy climate and resources are germany institute for economic research as always, thank you. thank you. and staying with the attempts to save the planet climate for decades, norway has been extracting oil and gas from underneath the sea. nowadays, to use the very same experience to send c o 2 emissions back into the grout, dw max, that are ripples this building site doesn't look like much just yet. but the technology being put in place, your norway could help cool down the planet norwegian prime minister,

eunice castille. that has come to visit. he has made this project a top priority towards 20132015. there's no way we can reach our targets without c c us. so take cement production. we will continue to produce the cement to take waste plants. they will be c o 2 that you can not do away with. you can capture it and you can store as safely that this critically important c c s stance her carbon capture and storage. the northern lights project belongs to a norwegian government program, norway, in partnership with energy companies shed total and equi, nor today marks the opening of the visitor center visitors from around the world should be able to learn from the experience gained here in norway construction here again, will go on for one and a half more years. and after that, the goal of northern lights is to store $1500000.00 tons of c o 2 each year, underneath the seabed. the idea c o 2 from carbon heavy industries will be captured and brought to norway by ship. from here it is pumped out to see via pipelines and

then injected into rock formations, 2600 meters underneath the sea bed. ready ready ready the technology has been tested in smaller industrial projects and norway since the mid ninety's or excess c o 2 is pumped back into the ocean floor, instead of releasing it into the atmosphere. back on shore, in the city of bagman. at the norwegian research center, scientists have been exploring the storage of c o 2. despite critics raising the issue of safety researchers like sarah gast, i believe there is little to worry about. there's a lot of natural barriers under ground that keep it from coming back up again. then over time, nature sort of takes over and will eventually dissolve all that c o 2 and it will for minerals and these processes can take decades and hundreds of years. but the point is, is that nature will, will do its work and, and prevent that c o 2 from, from being released again,

storing carbon underneath the c could help slow down global warming. but to really have an impact. it has to be done fast. and a quick look at our top of business story at the sour apple us is said to expect longer wait times to receive its latest i phone for pro or i from pro max products because of china us strict 0 coven policy. the tech giant has announced that its prime production site in china is operating at significantly reduced capacity that social thanks for watching. ah, eco, africa. they are real specialists in soil care. but you should avoid using insecticides. and initiative in uganda is teaching farmers about sustainable agriculture. fertilizer is fine,

but make sure it's organic. being environmentally friendly can be business friendly . africa. next on d, w. a thought they will grade, he will be with a we all need foods to leave, but millions of people also produce foods to make a living here in africa i would culture.