the cause of death was not discouraged. westwood was highly influential as a fashion designer who brought rebellion and attitude to the catwalk in the 1970 s . she rose to fame by giving the punk movement its trademark look westward, embraced political activism in her later years, using her position to lobby for environmental reforms. that's all from me for now. coming up next is t w's business use with my colleague, daniel winters. i'm michael. okay. here in berlin from me and the rest of the team here. thanks for watching. this is the depth. nikko is in germany to learn german pollution pinnacle. why not learn with him online, on your mobile and free the chef t w's, e learning course, nico speak? mm

hm. oh, oh, european gas prices fall to their lowest since the start of the war. and ukraine does this point to an easing of price pressure all will debbie was to comment 2023 . also coming up here. opinions are still feeling the pinch of high of bills that's forcing more businesses to save energy and some innovative ways and fireworks are

back in germany after a 2 year ban on the sale to to cope. it's that time again, digital business, welcome. wholesale prices for natural gas have dropped back to the level that they were at before russia began. it's inflation. ukraine. prices for january contract briefly hit just over 76 years a megawatt hour before rising again slightly as a massive drop from the $300.00 euros in the summer. when russia started throttling supply to europe, we asked energy analyst, olivia, colorado, why the price has dropped and whether it will stay that way. so you p and gas prices having the fallen sharply over the last couple of months. thanks to what i would say, a lucky combination of factors for europe, including unseasonably, mild weather, a competition from china, which have helped your build stocks and therefore have direct price is lower. however, this does not mean we should get complacent. here to be honest,

there are still a lot of factors that could lead to type markets next winter in particular. and that might mean right, prices rise back up again. for example, china's coming back to market with the codes ration easing over there in industrial demand, could be coming back as well in europe. now the prices are a little bit lower. we can't rule out to cold spell in the winter, you know, in the next couple of months. and also you will need to balance next winter. we've a lot less russian gas in every did before. so all of this could mean we're still facing a very hard situation. and even in the longer term, we also need to consider what high prices will do to you can industry, which is something that will have to continue to face for many years to come levia karate they're explaining that those falling prices are thanks in part to mild temperatures, but let's touch on another fact that she mentioned industrial demand in europe,

companies and local governments here have been taking steps to reduce their energy use. and it's part of the success of those measures so far that's helped to tamp down on gas prices. masturbation peter slayer is making a bread delivery by a horse drawn carriage. it's acquaint picture, but also a sign of desperate times energy prices are up. 65 percent compared to last year. slayer is doing his part to get some attention and make people aware of his troubles. is a gaz, please, or when there's an all try to suggest crisis and electricity crisis. our raw materials have gone up in price to and now there's also a lack of trained personnel. i'd say we're going through some very hard times at the moment. country me type moment on saving energy is key. here in the southern german city of tubing and home to 90000 people. streetlights are turned

off at night. the city's mayor bullies palmer came up with the idea. he says, every kilowatt hour accounts has the signal to transistor to let's why all of tubing in this dark between the hours of one and 4 in the morning. that saves us around the same amount of energy of 4 person households would use all year been reduced. as i heard about him. on some streets, the city has installed lamps equipped with motion detectors. the l. a. d lights, they dim until someone walks by and triggers the sensor for them to become brighter . that uses 90 percent less energy than regular lights retailer. so also adapting at this small in hamburg, 40 per cent of lights have been turned off entirely. as for the rest, only low in the g l. a. d. lights are used for garbage from stock by the government has asked for energy savings of 15 percent with exceeded that goal. the

government has also promised financial aid to help businesses survive the energy crisis. master baker slayer is hoping the funds will be paid out soon. now to some of the other global business stories making news. the german federation of trade unions as worn that job losses will climb next year. if energy prices rise, once again as expected, they say companies could face insolvency that germany's industrial base itself is under threat. the organization demanded subsidized electricity prices for companies . immigration officers of british airports including london, heathrow, and gatwick are continuing their strikes that demanding improved working conditions and higher wages to offset rising prices. the strikes are expected expected to last until new year's eve. now let's get an update on a story from earlier in the week. southwest airlines struggling to return to normal operations after a severe winter storm in the north east and us leaving most of its passengers

stranded for days. yes, quarter has more for us from new york on this and yet southwest is finally about to get back to normal. is that right? what are they saying? yeah, daniel, there seems to be a progress. so we still had about $22300.00 cancellation from here on thursday, but for friday and the last time i checked, they were only about $39.00 cancellation. so i'm southware seems to be back in action. it still might take a little bit of time to bring the stranded passengers sent their luggage should together. there also will be a reimbursement. that's what the company announced. those will probably be in the hundreds of millions of a dollar. so but things are, are getting back to normal and also the stock price that got am hammered quite a bit to the past couple of trading session and saw a solid increase of almost 4 percent here. the thursday session. and how can all of

this happen? there's got to be a lot of self reflection at southwest now, i guess because the other airlines managed to stabilize pretty quickly after that storm. yeah, there will definitely be some self for reflection. a danielle and i did hear from some analysts that one of the issues with southwest is that if they take a lot of time to change things. so one analyst is saying it's a glacial speed, a southwest, the serb showing when it comes to really changing the business. in general, it is well known for years that southwest has to upgrade it. system is a very sophisticated m system to get the crews and to planes together. if things run mostly, that system has proven to be a pretty effective firm. also the stock price of the past couple of years has done much better than from some of the rivals was under stress. the systems obviously do not really work and that's where south west has to make changes. but that's going

to take time. as i said, okay, lots of time for self reflection for southwest, i thank you very much ins, quarter in new york. and from the air to the sea for shipping companies going green takes a lot more than just switching to more efficient fuels. entire life cycle of a vessel has to be taken into account, sending off ships to scrap yards in south asia was long the norm. but now ship recycling is becoming a big business here in europe to these gigantic gable layers could tell a yarn or 2 about their journey is on the high seas. but this is where it all ends . their last wage, but them to the small town of corina on the danish coast. the finest ship recycling company is now scrapping them that's a business often associated with lower wage countries like india or turkey. now, high demand for shipping parts is making scrapping attractive here. a country where

wages and costs tend to make recycling less profitable. the highest cost is actually the environmental site, the price to get rid of your waste or hazardous waste to that, that's $1.00 of the higher costs. but what we do different from a lot of other places is we're good and re selling and reusing. and not just recycling or scrapping. it all started here over 30 years ago with a fishing boat. at that time, there were bonuses for scrapping large fleets. the founder of the company was a fisherman. he thought instead of paying money for somebody to scrap, it will do it ourselves and sell the equipment. so it started by the own ship and to be able to sell the equipment on board selling thoughts of small fishing boats doesn't work anymore. coastal fishermen have largely disappeared in northern europe, but more and more shipping companies and ship masters are recognizing the benefits

of old, fully intact parts, even for giant vessels. especially now in times of skyrocketing raw material prices and major supply chain issues. after all, just one missing part can cripple a ship. for today today, our business is mostly spare parts. so instead of selling only a complete engines, it's a lot of small parts. it can be everything from old compass to to overcharge us. all cylinder hits for more or less all european engines. even though denmark is a country that high salaries, scrapping and recycling vessels appears to be a viable business for years to come. and finally, after a 2 year pandemic, he ate his germany is once again allowing the sale of fireworks. it's a new year's tradition, not sure to go off with a bang this weekend. get them while their hot fireworks are once again for

sale and germany in the run up to new year's eve. this year that means december 29th to the 31st germans from the countryside to the cities will ring in the new year with typically a lot of sparkle and a lot of noise. you're missing. we haven't been able to set off fireworks for 2 years. it's a must this year, but also we can do it again. so we thought, of course we're going to the moment of published at amazon with pre orders. we spent about $200.00 euros. so yeah, we'll enjoy it. the v. p. i pyrotechnics industry association is expecting a $120000000.00 euros and fireworks sales this year. manufacturers hope for rocketing sales. many watched previous years, inventories get dusty in the face of bands. government system, yes, we lost more than 40 percent of our workforce even closed our largest plant in germany with our in house production. despite that, we are hopeful about the end of the year when hawkins fall off to see i was. and

while mary makers are excited to light up this weekend, oh hospitals and environmentalists are worried about smoke and localized pollution, of course, but also about the medical risk to amateurs handling explosives on german streets. well, that's also going out with a bang and you're up to date with d w business. if you want more, of course, you can check us out a d, w dot com slash business. we also have a youtube channel that's d w. news got loads of business news on that to me on the business team here in berlin. thanks for watching. new best fashion, lou. a $1000000000.00 business for the gross exploitation for the men and pollution for everyone. the chinese fashion giant shaking eclipse is anything like it before ever faster and ever cheaper,

but it will cost the world so much more than money. look at me affectionately as affectionately as you can. oh, vladimir putin, in the middle of his election campaign, did you turn the camera back on? in the year, 2000 a documentary secretly chronicled a power grab it. vladimir said a mirror image to the ends justify the means to tunes witnesses in 45 minutes on d. w. o ah, come have a few shoes out. easy. hi, lives you every week in your inbox,

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