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tv   Business - News  Deutsche Welle  January 28, 2023 4:15am-4:31am CET

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the name, i guess i realized that more now and that makes me feel a little bit lighter. and a reminder of our top story in the u. s. police has released put as showing the beating of tyree nicholas the graphic images show 5 officers beating nichols at a traffic stop earlier this month. nicholas eventually died from his injuries. all 5 officers have been fired and charged with moto that's all for now, rob watts will have business for you after a short break. don't forget, does more new analysis on our website. jeff dot com. i'm the massage as well. thank you for watching. any of them i am. hi, lana. see i knew sky media, i am running for president of the republic of beller all the key. aah! which under searches for the truth again. this time,
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the exiled turkish journalist meets svetlana itsyana, sky, exiled leader of the opposition and bella roost. i mean, of course, i am tied into it. physically untied, morally, is too much on my shoulders, but i have to hold this weight because i'm responsible for the future follow country for the people far behind the boss gardens of truth starts february 18th on d. w. ah, ah, ah, tough times, but asia's richest man indian millionaire gautama don is watched on as his empire lost tens of billions in value in a single week of the claims of fraud ticket to sell off. intel has also seen it shares slide after its revenues. disappointed investors has the great chip shortage
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turned into a major chip glut. and can you beat me? plant based proteins are all the rage with good laughter chickens. the next thing on your plate is due to a business on robots in bill and welcome to the program. the business empire of ages richest man has lost over $45000000000.00 in value this week. shares in our donnie's companies have nose dived, triggering triggering a 1.5 percent drop in india, send sex index investors reacted after a us based short selling firms that it was betting against the dani group. hindenburg research accused the company of accounting fraud and stock market manipulation. donnie says it is considering legal action against him. well, let's get more on this from our report. asher tosh, panda, he's been following the story for us. first of all, i should just talk us through just how significant a figure out how don actually is relieved. he's a significant figure. it's
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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 to him. and he says, what on this week, as his group share prices have been plumber,
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things it was telling the allegations made by hindenberg 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 the only group is the biggest fish that has gone off. and certainly the stakes are definitely high. basically, it's a, using a donnie all 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
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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 betraying a brazen mollified intention to disrupt that. and that she has a pan p is actually in that correcting many of the flaws that this report is highlight, including that the company is over leverage, that it has a lot of that 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. who did so last year restrictions were concerned and nikon, respectively. that shows that u. s. manufacturers are at a competitive disadvantage due to the policy 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 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 to be correspondence for. yeah. first a little and then too much. so in 4 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 and then probably tell the full story. definitely not a good quarter for intel and also the months ahead. look
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a shaky for that company. interestingly enough, other say my company's like 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. 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 as a fee of all announce that cutting staff this month. some 200000 tech jobs have been cut well wise and started 2022. but as part of this week's d, w business special for youtube, we spoke to wall street tech analyst,
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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 2 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 the scheme that we're going to see over the coming months in 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 who they talk on during the course of the pandemic. did they really believe that that the conditions that were there
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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 to act. 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. sure to 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 if these tens of thousands of people taking within a cost of living, being an issue in so many different places,
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but the jobs are not gonna be getting pretty congested. now in silicon valley, i think it's congested, but i do believe percy engineers, software developers, and specialize 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 o 92010. 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 to be a business special on the d, w news,
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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 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 me. so it is chicken, it'll taste exactly as you would expect, the chicken to taste. so the partner remarkable about it as we didn't how to raise on slaughter and chicken to get real chicken meat out of it. and that's the unmistakable ah pioneering advantage of this field. because we're offering the
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choice to continue to eat real meat without giving it up our prime to become a vegetarian r o began. 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 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,
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the top business story we're following for you this our business empire. age is richest man is lost over $45000000000.00 in value. jazz and gal to a don. these companies have nose dived. investors reacted a u. s. 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 muscle for me in the business team here in berlin from o has a d, w dot com slash business. also the t, w. news, youtube, china, where you can find that d w business special as well. to next time. a joy ride through fascinating worlds. into uncharted deb, our guides know their way around in a strictly scientific trip to some pretty wacky places.
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a curiosity is required to borrow today on d, w. i an offer here someone. ready may change your mind. need jacobo sec or lensky? counter tenor. can break dancer on the climb to the top? ah, be the coolest opera star in the world? oh jerome 060 minutes on dw. ah. a land of contrasts, of ambitions of inequality. 75 years ago,
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mahatma gandhi peacefully led the country to independence. what has remained of his vision? where does the world so called the largest democracy stand and where is india headed? this is the moment to unleash on on violet bars. gandhi's legacy starts january 28th on d, w. open you eyes is everything clear. it's so then perhaps you are still young. we'll be taking a look at how the eyes change as we age. but fast way digging into the construction industry, a major driver of climate change. there are some solutions like poorest concrete recycled materials.

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