tv Business - News Deutsche Welle November 22, 2022 12:15am-12:31am CET
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from a powerful earthquake on indonesia, main island of java has risen to more than 160 disaster officials said most were killed when holmes collapsed. rescuers are still trying to reach people trapped in the rubble of next van physician is here with business news, including what happens to all those new facilities in guitar after the world cup on papa, alias and burnett. for me, i'm the team here. thanks for watching. take care again with sh her, i'm just kinda, i think that's hard and in the end is a me, you are not a lot us to you anymore. we will send you back. are you familiar with this smokey's reliance beef?
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what's your story with. ready ready women, especially and victims of violence in labs and take part and send us your story. we are trying always to understand this new culture. so you are not the visitor, not the guests. you want to become a citizen. in phil migrants, your platform for reliable information. ah is bringing back an old to boss the way to boast growth. that's what entertainment jive. disney is doing. shocking trade is by suddenly firing at c e. o. and holding legend. great, bob. i got out of her time at the well got kicks off in. can't i, in the most expensive edition of the toner, me once it's over,
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what happens to all those new stadiums and a climate friendly? a way to make concrete, a start up in berlin says it's discovered one using artificial intelligence. i think is all through business. is a plot twist. one of the world's largest media conglomerates, disney has brought back former chief executive, bob eiger ousting. c o. bob shape is 2 year tenure was marked by clashes missteps and a weakening financial performance. disney shows have dropped by 40 percent this year . check was hand picked by aga, but he also faced one of the most challenging periods in company history with the pandemic. and then spiraling inflation, which is now by his job to deal with. under his leadership, disney acquired pixar marvel, and lucas film, international editor of broadcast magazine, john elm says, i go, we'll have to work his magic as he faces the same economic head winds as all
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streaming giants. i think that, you know, wall street analysts have moved, gone from the idea of subscriber growth being the key metric to success and it's all about profitability. so they're having to make some really tough decisions including job cuts and stuff like that and contents spend. so he's facing that problem, and there's also the fact he, you know, he retired 11 months ago, he was 11 months into his retirement hit overseen disney at the peak of its powers to, you know, i should in the launch of disney plus and the sale. so the accuracy of 21st century that he'd really done what he, i suppose he felt his job was and you know, he 71 years old and he was enjoying retirement. so he's come back into the job to, for the study, a ship and, and ultimately find a successor for himself because he's on the, on for 2 years. a ceo. yes. so he's got a few things in his ledger. let's get another year from alice k. j matthews,
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and see what wall street think south natural correspond against quarter joins us. it has disney stock looking 1st of all well, i mean, we definitely saw quite a boost of the stock price here at the beginning of the week. as you already mentioned. the stock is down a good 40 percent since the beginning of the year. as far as we know. bob eiger got contacted last friday, and bob per chic didn't learn about being replaced by sunday. so here in the monday session, the disney stock was up by a good 6 percent. was that by far the biggest winner in the dow jones industrial average. and we're talking about a one and a half $1000000000.00 streaming loss at its last quarter. k. j can i guess safe, disney? well i got to do was look at the stock price going up overnight. once it was announced that biter was going to come back to disney to lead it already. it's just
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symbolic. and the message that he sending is that he's here, he's going to turn the ship around at a time when they so desperately need it, because they really are losing the streaming wars out there. so even if it's symbolic, the very fact that you had that small increase overnight in the stock says a lot about what he's going to do with disney and how positive that is having on the stock market for turning the shipper out. i guess that's going to mean a rowing against the current. they're going to have to be jump cousin and severe job cuts. when you say absolutely, you know, just a week ago, pretty much every ah tre paper here in hollywood was talking about how deep with those cuts be, even before it was announced that bob eiger was going to come back and take the reins again. there are he saying there's going to be a hiring freeze? no large positions making 6 figures should be brought in the next year. we have to slow down with that. and then they were saying a who would be kind, would it be hundreds of people or thousands of people? i still think after biker by her, that is returning to disney,
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there will still be some job cuts are there will still be some slow, slow growth out there with the company. and there really is still going to be a hiring freeze. perhaps though with this small increase in the stock market, those job cuts will be a lesson you won't see as many, but i still think even with either returning to disney, you will still see some significant job cuts in the future. perhaps in the next a 3 months. i guess it doesn't matter which bob disney gets on, there are going to be big job cuts against a back to wall street. 2 years isn't much time to turn things round. is it well, but on the other side to 2 things. so could be sufficient term. if bob eiger, this time is a capable of finding a right successor, obviously of were so bob at epic that has not really worked. and the magic that's been a lot of opposition. wisant the company against bob ha picked are we here for example,
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that the currency of all was not too crazy about him. and then also there are clearly a couple of tendencies that even bob eiger cannot to influence. for example, that receive an over all a slow down when it comes to m at a revenue. but bringing everybody on board to saw or to a to get a walt disney ready for the future. and i believe 2 years could be enough. if bob eiger, this time has a better hand fighting a successor. and i mentioned that this is one of the biggest media conglomerates in the world, k j. can disney afford to gobble up any more competitors out? a probably not right now and i slow down and just really i stopped the hemorrhaging . i think one interesting thing i wanted to point out before we go here is that we'd hastings ahead of netflix, tweet out, you know, he was disappointed. he'd hope bed above either was actually going to run for president, and he liked him so much. so it's interesting to see editor like netflix kind of,
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you know, joking about either is, is coming back. so it'll be interesting to see what he does are, he's got a lot of work ahead of him, not just fixing the company currently right now, but also setting the stage for his predecessor to come in to make sure that they don't make the same mistake. they did with by changing exactly not the we land in the exact same place we are in 2 years from now. katie matthews. thank you very much for timing it against quarter. our guy on wall street, some of the other global business stories making news. now. beijing is tightening entry rules and shutting businesses, and schools and districts hit hot by coven. 193 people died from the virus over the weekend. the 1st death since may, china is fighting numerous flare ups. oil prices plants by over 5 percent on fears of slower chinese demand. twitter owner, ellen musk has reversed a ban on donald trump from tweeting. but the former u. s. president looks like he's contractually tied to his own platform. truth,
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social football fans around the world have their eyes on kata where the world camp is underway. the 1st draw between the us and wales, one all draw, but the tournament remains divisive and expensive. the price tag an unparalleled $200000000000.00. previously the world cups were brazil 2014 and rush 2018, which cost less than $15000000000.00. if you take a look at germany's world cup campaign that was back in or it's well cup torment back in 2006, that was 4.3 bill yet cut has new stadiums. cost $6.00 and a half $1000000000.00, just about all of them had to be built from scratch and then a heap of infrastructure and metro system and international airport roads, hotels, and laser amenities. but are all of these wise investments? sports sort of, it's an,
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a tory us for creating white elephants. dan plumb lay specializes in sports finance at sheffield, hallam university. he points out that other more established for bowling nations than gotta have had the same problem. we've had issues with brazil in south africa, so it is a risk and it's always risk with any major sporting events. think some of the things that consolidate, try to do. we're trying to be a little bit individually. so the, yeah, there's a stadium that's built from getting containers that can be taken down and reconstructive elsewhere, but you always run the risk with a major sporting to them and you'll stadiums are left but on used when everyone's come home. and i think that will still be a risk are especially given the domestic. ready system is not as advanced as other countries yet, so yeah, it will be a problem. but it's a problem with every sporting event. the car, 27 climate, some it delivered a breakthrough loss. damage fun for how to hit emerging economies. but it came at the cost of progress on emissions. still that's not withholding. companies are
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doing their own part. of course, a start up here in berlin has come up with a green solution for that heavily polluting cement and concrete industry. these stones may be small, their environmental impact isn't. the tongues are used to produce concrete. when they're heated up to almost 1500 degrees celsius, they him lots of seo tube. ah leo poach spinner has found a way to make concrete more climate friendly that been in that of cement and concrete are responsible for 8 percent of world white c o. 2 emissions. that's a huge problem that i want to solve, which also flows merged with his family own concrete factories for generations. his idea simple using less heat, putting it into practice as complicated. every concrete max is an recipe with hundreds of ingredients span. i uses artificial intelligence to find the right
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combination. i from edward for all children, the planet will almost certainly become uninhabitable over the next 5 to 10 years. we still have leverage to change that. and because cement and concrete make up 8 percent of c o 2 emissions, let's try again to leverage size. as acme gunners, i heber for this high rise in berlin. a. i has helped mix corinne concrete but only for 2 of the $37.00 levels. because there is a catch this is got an author right now, c o 2, reducing concrete is relatively expensive, a lot, a lot more expensive. no, at the end of the day, how much of this concrete can be used as a question of money? in our case, it cost us almost twice as much comes on follow. if we said so, death was cannot to stop her to call this. and it takes
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a 3rd longer to dry at $37.00 levels, that adds up to a lot of time. and money spent believes in the green concrete regardless. because the construction industry is seen considerable change for good reasons. on conversely, could even get better loans, was sustainable construction, you can find property in their best or more easily. and there are real estate trusts that focus solely unsustainable buildings. there's more and more pressure coming from that direction. now no, i think business with you in the spotlight of the world cup guitar. we're traveling to the designation to investigate just how accurate are the allegations of life threatening working conditions, censorship, discrimination,
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and environmental pollution groups up next on d, w, a pulse with the beginning of a story that moves us and takes us so long for the ride. it's all about to perspective culture information. this is neither you news and warner d. w. made from mines o. ah, with she's said, can i get the country? i came up with an increasing number of women. and last in
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america, i'm guessing federal i need to stop murdering and depressing that fighting against thanks. ism violence and full access to abortion. pressure from the street has already proven successful. the opposition live on the rise. beds off with my cheese dogs november 25th on d w. ah, ah, every morning here in qatar, camels are taken out for their daily exercise. the small gulf emirate on the north eastern coast of the arabian.
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