tv Business - News Deutsche Welle January 27, 2023 10:15pm-10:30pm CET
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country chooses to take and here is a reminder of our top story, this. our israeli official said that some people have been killed in the shooting near an east jerusalem synagogue. israeli police describing it as a terror attack. they say the suspect government has been killed. roger w. news, rob, what is up next? we need to be business news. have a good weekend. everybody. ah. ah, leonardo da vinci's, mysterious masterpiece for this perhaps the greatest leonardo masterpiece and the collection of the louvre and no, it is not the mona lisa. it is the virgin of the rocks,
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2 versions, multiple copies, and a hidden drawing. was there another symbolic meaning to this beautiful painting that perhaps we just don't understand? the search for answers store to february 10th on d w. nico is in germany to learn german louis pinnacle. why not learn with him? t w's e learning course and eco's fake ah, tough times, but asia is richest man. indian billionaire gow. tama donnie has watched don as his empire lost tens of billions in value in a single week of the claims of fraud ticket sell off. intel has also seen it. shes
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right after its revenues. disappointed invest. this has the great chip shortage turned into a major chip glut. and can you beat me? plant based proteins are all the rage, but good luck, right, chicken. the next thing on your plate. doing business on robots in berlin. welcome to the program. the business empire. ages richest man has lost over $45000000000.00 in value this week, chatting out time a donnie's. companies have noticed dives triggering triggering a 1.5 percent drop in india, send sex index. investors reacted after a us based short selling that it was betting against the dani group engine back research accused the company of accounting fraud and stock market manipulation. donnie says it is considering legal action against well, let's get more on this from our report. asher talk, panda, he's been following the story for us. first of all i, she just took us through just how significant
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a figure out how donnie actually is when he's a significant figure, it's a story of the meteoric rise. he's gone from being an a relative, obscure figure to becoming one of the richest in the world in matter of some 3 to 4 years. he operates in several sectors of ports, airport, so real demand and renewable energy. many of the sectors are called priorities of the government. so basically his interest aligned with the ambition that the government has for the country and that makes him a significant player. the opposition, however, sees him as opposed to a child of crony capitalism. and the actually accused of what he has gone is because of the policies of favoritism that the government has shown towards it.
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and he said to watch on this week because his group share prices have been plummeting. so what's behind the allegations made by hindenburg research? exactly. well this form is known to go off to these companies that very, very find some sort of a corporate wrongdoing and certainly, and on the group is the biggest fish that has gone off and leave. the stakes are definitely high. basically, it's accusing a donnie all wrong doing stop manipulation, fraud, money laundering. and basically very serious allegations allegations that, of course, danny group has said malicious, they've actually hit back against the delta considering the legal action against this firm, which is no one to bet against companies to make money. so that's what, as a short sell, they do this time around. however, the money do feel that this timing is actually suspicious because it comes right
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when the go group is seeking a fund through by selling the shares. and this is the time when the report has come in. so they basically say that the timing of this report is clearly betraying a brazen, mollified intention to disrupt that. and that she has. it apparently is actually in dire correcting. many of the flaws that this report is highlight, including that the company is over leverage, that it has a lot of debt cash monday following a donnie green forest. thank you very much. let's take a look at some of the other global business stories making the news found in the netherlands or restrict exports of semiconductor manufacturing equipment to china following the u. s. who did so last year restrictions were concerned. and nikon respectively step shows that u. s. manufacturer is on a competitive disadvantage due to the policy and entails annual revenue has fallen
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20 percent in the past year. the u. s. chip maker also says it's expecting to bring in $2000000000.00 last an analyst. we're expecting this quarter. any reports or intel chef i plunge more than 7 percent or more on the firms chip supply was his. i was to be correspondent in scott. yeah. first a little and then too much going for year 3. basically complained about that, they're not enough computer chips around now they are a to many and does especially true for the a p c. and server industry that is doing pretty poorly right now. and intel is having a big stake into this a business. a lot of the customers are sitting on high inventories. they have to get rid of those before they re order, and therefore the lack luster, a quarter for an intel elect luster. having that set one analyst put it that way, that was not an earnings report. that was a crime scene. so that's what the ellen ellen said. and that probably tells the
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full story. definitely not a good quarter of for intel. and also the months ahead look a shaky for that company. interestingly enough, other say my company is like a m d and video did much better. actually, the stock price is gain tier in the friday session on wall street's obviously a wall street believes that those companies who are not so exposed to the p. c business for example, or will be doing much better. so the earnings that are coming out from those companies in the next couple of days will tell their story. so we will see if there really did better than into ends core to that. if they fire, we hire, that's the message coming out of germany's talent, starved manufacturing sector in response to mass lay offs by big tech, various companies including a subsidiary of folks bargain, have said that those are open to workers who have lost their jobs, microsoft, google, and amazon, as well as germany's essay p, have all announced that cutting staff this month. some 200000 tech jobs happened could well, while since the started 2022. as part of this week's
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d. w business special. we spoke to whoa street tech analyst, dan ives. here you can get a sneak peak typing of you hearing the pandemic. these companies were spelling added. he's, there was really unsustainable in his store. i mean, microsoft added 75000 boys since 2019 he could you the demand environment to we're in an unprecedented territory, but i also you do need to test your cut e clause in a lot areas, non strategic, but they're still gonna win best. you know, i, the next 2 areas cloud will, could chat g, b, t from microsoft. we'll get some of these other areas across what i believe apple, amazon. but you can use that to search the net. we're going to see over the coming months in year. i think one thing we should discuss is whether or not the tech phones should have seen this coming. i mean, you talk about the enormous number of people that they talkin during the course of the pandemic. did they really believe that,
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that the conditions that were there during the pandemic, we're going to continue until this point. i think that's going to be a debate. you know, did. did they miss judge what the demand environment was going to be? clearly on the coven overhang, you know, 1st pandemic, you're going to see a major drop off on demand. i think a lot of these companies were not quick enough to act. now you're starting to see them rip the band aid off. i think some did may be more prudent. i can apple. that's a good example. what others? i think we're spending aggressively in investors. we're fine with that. but now that environment, ricky teams on wall street. and that's a big i think. sure to headline here. use tax firms now the gate a very uncertain, 2023 things are very insistent that she is not a great time to be entering the job market is, is if these tens of thousands of people to k with, you know, cost of living, being an issue in so many different places,
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but the thompson must be getting pretty congested. now in silicon valley, i think it's congested, but i do believe that she engineer, software developers from specialized marketing. they're going to have either many choosers or in terms of the opportunities because 11, companies, bosses and others gave you go back to other periods. not covered taxes. li, lying these he good through 2000 to 2003, bought a company that would come out say that the e minutes and the me were able to really hire significantly during those period. 092010. seen. so who could be the next stage for the next amazon? i think that's going to create opportunities to lose companies that are able to opportunistically spend more st tech on this, donna is speaking to me there. and you can see that interview in its entirety in id
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to be a business special on the d, w, news, youtube channel. so head over there for that. now some say that nothing beats meat, plant based protein alternatives have become popular in the usaa. i'm positive you're but there's a new veggie alternative. on the menu lab grown meat could soon be coming to a restaurant day. you this might look like a typical dinner roasted vegetables with thought aid chicken. except before going in the pan, this chicken wasn't raised on a farm or an a processing plant. it was grown inside one of these, it's creators called cultivated meat. and if it tastes just like chicken, that's because it is. it is meat, so it is chicken. it'll taste exactly as you would expect, a chicken to taste. so the part that's remarkable about it as we didn't how to raise and slaughter a chicken to get real chicken meat out of it. and that's the unmistakable ah,
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pioneering advantage of this field. because we're offering the choice to continue to eat real meat without giving it up our prime to become a vegetarian or vegan. cultivated meat is made by taking a small sample of cells from livestock and feeding it nutrients. it enormous steel vessels called bio reactors. this upside food facility in california has the capacity to make $180000.00 kilos of cultivated meet per year. a small fraction of the 48000000000 kilos of conventional meat and poultry produced in the united states and 2021. the high cost of production and small output needs it can't compete with conventional me or plant based alternatives just yet. but cultivated meet makers hope their product will be available in restaurants this year. and in grocery stores by 2028 stuff. a reminder,
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the top business story we're following for you this our business empire ages richest man is lost over $45000000000.00 in value. jazz and gout, i'm a don, he's companies of nose dived, investors reactive, or a u. s. based short selling firms that it was batting against the donnie and, and beg research accused the company of accounting for and stuff manipulation. so for me, the business team here in berlin from all has a d, w dot com slash business. also the t. w. news youtube channel, where you can find that d w business special to next time what's making the headlines and what's behind van d. w. news africa. they show that the issues in the continent. life is slowly getting back to normal. yeah. well, the streets to give you enough reports on the inside our correspond that was on the
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ground reporting from across the continent and all the trend stuff. the mazda you next on the w. e to india, a sustainable place for learning that go school in the desert of raptures the time the school was built using traditional methods, which is early climate resilient but also helps the pupils to dream v e go india. in 60 minutes on dw, ah, in mind is with getting ahead. using tech has always done commentary series, sanders sally,
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africa to meet the founders. empowering their continent through digital innovation. transforming work in health and living conditions in their country and inspiring the world with their ideas. founder valley africa started february 13 on the w. with this as did up the news africa coming up on the program. the global power houses are close enough to africa to get something from the continent. but what that's africa gets in return. germany for example, is he can alternative sources of energy from africa due to the boy and ukraine. but .
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