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tv   Business - News  Deutsche Welle  January 25, 2023 12:15am-12:31am CET

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junkers still rock bottom, they fancy stayed to the bitter end left with that familiar, sinking feeling. and in the best of the rest of tuesday nights, gangs cologne traveled to munich as rank outsiders, but came within a whisker of pulling off. a giant upset clone took an early lead, which they held until the dying minutes. and that was when you are sure kimmie stole the show. his long range strike allowed by and to snatch a draw in spectacular fashion, a contender for goal of the season. i said business is coming up next. we'll see in lieu come have a v g t v highlights you every week in your in box subscribe. now mine is with getting ahead. using tech.
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as our documentary series and founders valley for meet the founders, impelling their continent through digital innovation a transformer, work in health, and living conditions in their country. and inspiring the world with their ideas. founded valley africa started february 13, a, b, w. d. o. microsoft takes a hair to shoppers, cuts back on tech. the major revenues fell short of expectations as it passed to slash 10000 from its workforce. paid to save. hey, how british households are getting cash handouts of return for keeping the light
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soft and farming of the future. see how electric tractors are being developed with the help of the rwandan sun the state of your business on robots in berlin. welcome to the program. microsoft missed well straight expectations and his quarterly earnings report out on choose day. despite the lack list of figures. tech companies share price rose immediately after the announcement. the figures came less than a week after the firm announced it was laying off $10000.00 of its employees with blame to drop in spending on tech after surgeon sales. at the height of the current of ours pandemic, microsoft is also agreed to invest billions of dollars in chat g p t developer overnight the past week. let's get more on this from our financial correspond in new york, yann's quarter is a bit of a strange on here because we do have disappointing revenues, but actually the share price jumping up because it wasn't perhaps as bad as that.
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some people had been expecting, what do we really know about the state of microsoft right now? well, i mean, you're, when some angelou son and yes, the initial reaction and after our trading is positive. but let's wait and see how investors react when they're slept. what night over this earnings report, you're right, the revenue came in a bit shy or on the other side the profit was better than expected then. obviously microsoft is still a multi $1000000000.00 company, but there is slower grows when it comes to the cloud business. as 0, i mean it still grew a good to 30 percent on the revenue side. that was a bit more than expected, but growth is cooling. so the growth in the cloud business was bigger in the quarters the head. and then if you look at the p c business, i mean there's definitely, it's of a slight, a quite some or cooling overall engines. i mentioned day, it's intention to invest billions in open a i who own chat g p t,
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this spooky i chat bar. that seems to know everything. what does that tell us about microsoft direction? the future? yes sir. i mean, what company is always one day one grows, right? and if you look at the biggest growth driver that used to be the cloud business in the past couple of quarters, there still is growth, but growth is getting less. so you want to look for the next big thing. will it be artificial intelligence with this potential $10000000000.00 investment into open a i also there was still be acquisition appending of activision blizzard, the computer video company or gaming a company at $69000000000.00. there is some regulatory, a challenge from europe here in the united states, but that's, i'll be at the also something that microsoft is looking at. and dave, go to new york. thank you very much for the update there in europe. we spent much of the past year in the grip of an energy crisis. households across the continent
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of been encouraged to save on electricity this winter. but in britain that's just been taken a step further families and now being paid to cut that energy usage. alexa kitchen lights off, it's 5 pm in this english home, an ideal time to switch off as many lights and appliances as possible. i'm going to save some money on my end, isabel sa get credit back on my office though. but the main thing is to try and help the national grid. so we don't have to tune on any co poet via stations today . i think it's really important that as consumers don't jeff flick switches on, we prepaid this, take them off as well. fair as participation helps ensure that demand for electricity doesn't exceed supply. great. britain's energy companies warned that blackouts are possible, especially if russia cuts fuel supplies to europe, against the backdrop of rising prices for food and services. this would make things
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even more difficult for families like hers. that's why sarah and her children are happy to cooperate. you might not be using those things at the time, and sometimes you leave them on and you might not be using them. and you could say more money after 5, their faces remain lit by battery power devices. while mom lights a candle down stairs. well, let's discuss the situation in the u. k. further with kind noise felt he's had a forecasting of the center for economics on business research in london. thanks love joining us on the program. kai, we see people being paid to use less energy in the u. k. it seems pretty extreme. how serious is the energy situation over the well, this is more of a precautionary measure, then really an emergency. so what national grid, the grid operator young person is trying to do is balance the supply and demand for energy. and it is just that at the moment we have a situation where there's very little wind energy, it's very cold. so people use
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a lot of energy and they just that it's a good idea to pay people a bit of money to use less energy. but in a, in a more, you know, urgent emergency situation, that would be coal power plants as well on stand by. so it's not really a risk of blackout. it's more precautionary measure. it would seem very grateful to get this money actually said setting off their cattle is in their lights after 5 pm, but that's because there are various of the challenges facing brits at the moment, particularly financially on the years. certainly, the financial situation for households in the u. k is quite dire as everywhere and europe and the west and what we have very high inflation, even though it has kicked down for the past 2 months. but it's still about 10 percent. that inflation is really felt by people in the weekly shop, it's food, price, inflation, energy prices, as we spoke about that are really impacting the disposable income that people have
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. on top of that, you also have interest rates going out and into the u. k. we have $2000000.00 households that will roll over their mortgage contract this year, and they will find that that will have to pay that will have to pay much more, much higher interest payments going forward. so there's really a squeeze on house horse at the moment. and as a business days published on tuesday, that showed a drop in business activity in the u. k. this month. and actually compared with arise has been seen in the your is own is the u. k or is, are feeling in the u. k. that is struggling a little bit more than its neighbors over in europe. yeah, i think for the past month, it's always been a little bit nickel neck. we've seen a little bit of a recovery towards the end of last year, both in the years own. and in the u. k. now this morning, figures, as you said, i'm show that you can call it back in january, especially the service sector under performing this contract. so it's been
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a little bit of a mix back in terms of economic news. we have consumer confidence picking up from the low bay, but it is a little bit too early to tell whether the u. k. will be able to turn the corner whether the u. k. would be able to escape recession. and i think our base case scenario are kind of central forecast for the k quantum is that it still will enter recession and the 1st half of 2023. okay? tiny out from the center for economics and businesses search. thank you very much for joining us. on day it'll be a business. thank you. now the german government says they want to create more green jobs in africa. it's a key part of the country's new development strategy for the continent announced on tuesday. berlin is looking to african governments and its own biggest businesses to help make that a reality. businesses like comic fox fog a 2 ton tractor with
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a $27.00 horse power engine. but the motor is electrically powered. a german car make a develop this detractor. prototype along with the university of kigali and the g a . c, german is development agency. we just replace a diesel engine with an electric motor and put the battery on top of that. and there you see the swapping desk, you see the 2nd battery on, on the stairs. and when you come him here, you can move forth and back. berman with up to can release the battery. and so we're back and forth. her full battery on the track road so from can them resume working the batteries are charged using solar energy. that's because so lightly tricity isn't just clean. it can also be used of grid. and only half of rwanda is actually connected to the grid. burnett munyosak the year and his team from the university of rwanda are working on making the batteries more robust so that the
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tractor can soon go to work on the dusty, sun baked fields. rhonda needs each actor for other quarter americanization to beat user friendly cause of for reducing the in the policy. fatherly need to re maximize the productivity. agriculture from that is ronda has to increase its agricultural productivity to help feet. it's rapidly growing population. longer periods of drought linked to climate change are increasing the pressure to make farming more effective. and sustainable. and ploughing isn't the only job the tractor should be able to tackle. he and rwanda. productivity and farming areas can only be increased if other farming jobs can be automated, as well as the developers are testing whether the tractor can be used to help irrigate crops. today we are testing the pump being operated on an electric tractor
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. so you can use it for cultivation using your or your plow. that could be a disk plow. then you can also hook up in a planter to roll for a plant. i can pull, then you can use it for planting. and then other tasks that we can use, the instruct eyes for spraying, that is your crop protection for pests and diseases all tasks that have been carried out manually up to now many farmers cannot imagine that the each actress going to be ready any time soon. but they do realize what a difference it might make it. yeah, yeah. if there really is such a tractor and it's available to us, it will be seen as a liberator for farmers because we won't have to work. so a height. yes. so the, each tractor is going to be rolled out in 2024. the idea is that it will be purchased by an entire village rather than an individual farmer managed by a cooperative the vehicle will make a lot of tasks easier. so don't forget to believe and cipher reminder,
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the top business story we're following for you this allen, microsoft missed wall street expectations and it's quarterly earnings report out on tuesday is by the lack luster figures though the tech companies shaft price rose immediately after the announcement. the figures come less than a week after the feminist. it was laying off $10000.00 of its employees. so from the visiting handbook, and if you are more, you can have as d to we dot com slash business. you can also find us on the data. we can use youtube channel, our own facebook to s d, w dot business until next time. with greenwashing metrics, when humping to sustain with big companies, are making big promises to save the environment and we added them in any way they claim to be fighting plastic waste. but what's really happening don't big
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promises. all too often turn out to be big lies a fact. check global 3000 next on d, w. green energy, foot gemini, made in the media. some of the world's best on shore wind. we know is this is radio, well cross resource. this is where a gemini company wants to launch a massive energy project that uses wind power to generate hydrogen. but does everyone profit from keen energy made in germany? in 60 minutes on d, w. o. in. she's up to date. don't miss our highlights. the
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d w program online, d w dot, i'm highlight. oh, wow. making the headlines and what's behind them. dw news africa, the show that faculty issues shaping the continent. life is slowly getting back to normal here on the street to give you enough reports on the inside. our correspond that was on the ground reporting from across the continent and all the french stuff, the mazda u. d. w, who's africa every friday on dw ah, ah, ah, welcome to global 3000 pounds underwater villages in belize, trying to keep an entire.

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