Skip to main content

tv   Business - News  Deutsche Welle  January 28, 2023 12:15am-12:31am CET

12:15 am
the u. s. is bracing for the release of put it's showing the beating of tired nicholas. it's expected to show 5 officers beating nicholas at a traffic stop audio this month. because eventually died from his injuries. all 5 officers have been charged with motto. that's all from us on our old wants. we'll have business for you after a sharp trick. don't forget this morning was an analysis on our website. he dug dot com. you can also follow us. unfortunately down, i handle that as i did up in your message as well. thank you for being with people in trucks injured when trying to flee the city center more and more refugees are being turned away at the border. families play on the tags in syria to these credit owners with people lean extreme ground.
12:16 am
rough getting 200 people with around the world. more than 300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own mind. d, w. made for mines a tough time spent asia's richest man, indian millionaire gautama danny, has watched on as his empire lost tens of billions in value in a single week of the claims of fraud ticket. the sell off. intel has also seen it shares slide after its revenues. disappointed investors has the great chip shortage
12:17 am
turned into a major chip glut. and can you beat means plant based proteins are all the rage with good laugh grain, chicken to the next thing on your plate is due to a business on robots in berlin. welcome to the the business empire of ages. richest man has lost over $45000000000.00 in value this week. jazz in our donnie's companies have nose dived, trickling, triggering a 1.5 percent drop in india's sense sex index. investors reacted after a us based short selling firms that it was betting against the don group hindenburg 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. ashtosh panda, he's been following the story for us. first of all, i should just talk us through just how significant
12:18 am
a figure out our don actually is. well, he's, he's a significant figure. it's a story of a person's 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 set, does a port airport to rail segment and renewable energy. many of the sectors are called priorities of the government. so basically his interest align with the mission 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 clooney capitalism. and they believe they actually accuse the whatever he is gone or is because of favorable policies of favoritism that the government has shown towards him. and he says, what on this week,
12:19 am
as his group share prices have been plumber? things so was feeling 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 a donnie group is the biggest fish that has gone after. and certainly the stakes are definitely high. basically, it's a, using a donnie all for, for wrongdoing. stop manipulation, fraud, money laundering. and basically a very serious allegation, allegations that, of course, a 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 shot seller, they do this time around. however, the money do feel that this timing is actually suspicious because it comes right
12:20 am
when the go group is seeking a fund through by selling the shares. and this is the time when this report has come in. so they basically say that the timing of this report is clearly betrayed. a brazen mollified intention to disrupt that, and that she has a pan p is actually in dive, 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 funding. following a donnie great for us. 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. you did say last year restrictions were concerned, s m, l and nikon, respectively. that shows that u. s. manufacturers aren't at
12:21 am
a competitive disadvantage to to the product entails annual revenue has fallen 20 percent in the past year. the u. s. chip maker also says it's expecting to bring in $2000000000.00 less than analysts. we're expecting for this quarter. any reports or intel share price plunge more than 7 percent or more on the firms chip supply was his i was 3 correspondence for yeah. first a little and then too much showing for years we basically complained about that. there are not enough computer chips around now they are too many. and there is 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 a high inventories. they have to get rid of those before they re order and therefore the leg cluster. a quarter for 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,
12:22 am
and then probably tell the full story. definitely not a good quarter for intel. and also the months ahead. look a shaky for that company. interestingly enough, other say my company's like a, a d and video did much better. actually, the stock price is gain tier in the friday session on wall street is obviously a wall street believes that those companies who are not so exposed to the p c business for example, it 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 gens quarter, that if they fire, we hire. that's the message coming out of germany's talent star manufacturing sector in response to mass lay offs by big tech, various companies including a subsidiary of folk spark and have said their doors are open to workers who have lost their jobs. microsoft, google and amazon as well as germany's s a p of all announced their cutting staff this month. some 200000 tech jobs have been cut well wise and started 2022. last
12:23 am
part of this week's d. w. business special for youtube. we spoke to wall street tech analyst, dan ives. here you can take a sneak peak. i think you observe the pandemic these companies were spending at a he's that was really unsustainable in his store. i mean, microsoft added 75000 employees, 2019. because of the demand environment to we're in an unprecedented territory, but i also do believe your tax, your cut costs and a lot of areas, non strategic, but they're still going to win invest in the next good areas. cloud will chat, g, b, p from microsoft will get some of these other areas across, but i believe apple amazon. so i do believe that it's scheme that we're going to see over the coming months and year. i think one thing we should discuss is whether or not the tech fans should have seen this coming. i mean, you talk about the enormous number of people they talk on during the course of the
12:24 am
panoramic. did they really believe that the conditions that were there during the time that we're going to continue until this point? look, i think that that's going to be the big. did they miss judge what the demand environment was going to be? clearly on the coven over pandemic, you're going to see a major drop off demand. i think a lot of these companies were not quick enough back. now you're starting to see them rip the band it off. i think some did need be more prudent. i can apple, that's a good example, but others, i think we're spending aggressively investors to refine with it. but now that environment speaking seems on wall street. and that's a big, i think shorter headline here is the fact firms now to get very uncertain, 2023 things are very uncertain is actually, it's not a great time to be entering the job market. is it of these tens of thousands of people taking within a cost of living, being an issue in so many different places,
12:25 am
but the jobs must be getting pretty congested. now in silicon valley, i think it's congested, but i do believe that she engineers, 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 good through to 1000 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
12:26 am
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 u. s. am parts of europe, but there's a new veggie alternative. on the menu lab, grown meat could soon be coming to a restaurant. ne, you this might look like a typical dinner roast and vegetables with thought aid chicken. except before going in the pan, this chicken wasn't raised on a farm or in a processing plant. it was grown inside one of these. it's creators called cultivated meat. and if it taste just like chicken, that's because it is. it is me. so it is chicken, it'll taste exactly as you would expect, the 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,
12:27 am
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 r o v. gam. cultivated meat is made by taking a small sample of cells from livestock and feeding it nutrients. it enormous seal 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 meat makers hope their product will be available in restaurants this year. and in grocery stores by 2028 stuff. a reminder,
12:28 am
the top business story we're following for you this our business empire, asia's richest man, is lost over $45000000000.00 in value. jazz and go to a don, he's companies of nose dived. investors reacted us based short selling firms that it was betting against the dani group. in the big research accused the company of accounting for and stuff. market manipulation, dismissal from the business team here in berlin from all had to t w dot com slash business. also the t w is huge, huge. anyway, you can find that d w business special to next time i was 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. we're on the streets to give you enough reports on
12:29 am
the inside of our cars, on the ground reporting from across the continent and all the trend stuff. my talk to you next to on d w. and how probably when send me one with the sound of the bills in good talk. when it comes to tech, it's got way more trouble from the b y, d 3 from china. the manufacturer thinks of it all to impress on the european mine is this on the right track with, with leonardo da vinci's, mysterious masterpiece is perhaps the greatest leonardo masterpiece and the
12:30 am
collection of the louvre. and no, it is not the mona lisa. it is the virgin of the rocks, 2 versions, multiple copies, and a hidden drawing. was there another symbolic meaning to this beautiful painting that perhaps we just don't understand? a search for answers to february 10th on d, w. ah, this is did 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 see can alternative sources of energy from africa due to the boy and ukraine, but how it mutually bend.

44 Views

info Stream Only

Uploaded by TV Archive on