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tv   Business - News  Deutsche Welle  February 8, 2023 4:15am-4:31am CET

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in this story, nearly 70000 people are known to have been killed in earthquakes in turkey and syria. the death toll is likely to rise sharply is more victims are found in remote areas. freezing conditions are hampering rescue efforts, but an international relief effort is gathering momentum. you're watching dw stevens beardsley. so next, after a short break with your business, news will be got back again at the top of the next hour in stay up to date on our website, on youtube, and you can follow up on our social media. take a look secrets my behind these will discover new adventures in 360 degrees and explore fascinating world heritage sites with d. w. world heritage. 360 get the app. now sometimes
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a seed is all you need to allow big ideas to grow. we're bringing environmental conservation to life with learning pass like global ideas. we will show you how climate change and environmental conservation is taking shape around the world and how we can all make a difference. knowledge grows through sharing and download it now for free. oh, microsoft moves ahead with a i chat, darling chat, g p t and announce is plans to incorporate it into its search engine and browser. we'll look at how the race for a i driven web apps is pushing companies to act fast. also on our show, it's been 61 years of the us put an embargo on business with que will get how it's
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changed lives and livelihoods on the island nation. i'm super busy in berlin. welcome to our show, the race for new a i driven web applications continues to heat up with microsoft announcing tuesday, it plans to integrate the a. i powered chat g p t into its search engine, bing and web browser edge. the announcement comes a day after google and by do both announce coming launches of their own a i driven chat box named bard and ernie bought respectively. microsoft was an early investor in chat, g p t and hope's the a. i. technology can help grow beings market share against leader google search will. den ives as a tech analyst, an investment firm. what bushy joins be for more, dan shares and microsoft and by do both climbing to day after that news of their own launch is coming up. is it fair to say the investors believe that these a i powered web apps are more than just gimmicks of they represent true,
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valuable advancements for these companies. now look, i think it's an a i arms or is that happening right now? microsoft reading that raise job, i do hear clearly a major announcement there from the china side. i didn't. this just speaks to what we're going to see in big tak everyone's aiming in this race. it's a trillion our market, a significant shout across the bell from the dell and microsoft today. is there any concern that these companies are moving too fast? for example, we know that there are some who say hallucinations, that happen with chat g p t. that that means it is sort of makes things up. other questions today during microsoft presentation about how accurate these responses would be that they would be put into a search engine. now, is it possible as companies are moving too fast? hey look, i think any time it typically happens too quick, there is some regulatory security issues. who will be clear? i mean in chat g b t, i mean we're talking probably the most advanced ai technology period that we've
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seen. so this is significant in terms of change in the game for microsoft for big tech. i mean, if you look at google, you look at others. now they gotta keep up with this. and i think it's significant in terms of what we're seeing you with this really being a new area of innovation. you said microsoft leading that race and early investor and chat, g p t. now incorporating it into several applications. where is google all this in all this? is it really so far behind? look, i think, and it's rare, i think google is significant by a mass scale one to 10. if child g b t is call it a, can google's probably a 3 or 4 today and now they have billions, millions are going to spend to play catch up with bard and some others. they own search. but clearly, microsoft. now it's going to start to now that gap, and this is the game changing technology that really not just other tech players living wall street watching the close i was maybe to 3 or 4. where's meta and all
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of this? they're kind of somewhere in the middle, i think, you know, they've obviously is arkenberg significant invest in met averse. and you look on the artificial intelligence. i mean, dave dove into the pool but not to deep end. i think they're still trying to figure out where they play, and i think for matter this is a to fork in the road in terms of how aggressive they're going to go down this path . because he's, he's going to be arms roots or is he billions and billions spent in terms of big tech, both in the us as well as china? all right, then i've said investment firm went bush talking about that a, i guess. thank you. stood out of some of the other global business stories, making headlines, legislators and the german state of hassan, white. berlin to stop is ill frankfurt. han airports were russian investor, pharmaceutical billionaire effect or care. a tonin has signed a deal to buy the insolvent airport territory is not on the sanctions list, but has reportedly strong links to florida. a futon,
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russian business dealings in europe are facing heightened scrutiny due to the ukraine war. anti corruption monitor transparency international says more than $50000.00 properties in britain are owned by anonymous investors, including some with close ties to the kremlin. that despite laws seeking to stop dirty russian cash after the invasion of ukraine, the buildings are worth more than $7000000000.00 euros and include many luxury homes. will join delegation from france and germany continued its efforts to soften the blow of major u. s. climate legislation on tuesday meeting with treasury secretary janet yellen to discuss the inflation reduction act that law provides $370000000000.00 and incentives to companies located in the us. here's what german economy minister robert hobbin said to day standing next to him is french economy minister, bruno lemaire, and also the understanding is new so that you meet the economic security that we have to overcome the dependency on raw material, critical minerals,
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and also some green products and therefore we have to create our own industrial standouts and serenity. so this is a mutual interests of europe and the u. s. and to make this mutual interest becoming a strong partnership, we need to solve some problems with milla has mentioned some concrete items. the idea behind it is that the strong green industrial market in the u. s. and a strong green industrial market in europe will help each other that we boot a green bridge over the atlantic and help each other. because the goal is the same . fighting global warming and creating a new industrial resilience and industrial independence. in a way for a german economy minister, robert hubbard. they're speaking in washington. over to wall street,
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travel dependent companies are reporting spikes, and sales and profits assigned that tourism is recovering. is global coven? 19 protocols? ease sales for trips and luxury cruise line. royal caribbean shot at $100.00. 65 percent higher than pre pending levels. that's acquainted companies. 4th quarter results. the shares for car rental company hurts rose after posting 4th quarter earnings. that beat expectations over dns quarter in new york. a yes. let's start with the cruise industry. reason to believe that it's on the rebound after this incredibly tough pandemic period. now clearly businesses spec and mr. just mentioned in the past quarter bookings were even higher than a pre upon demick, a level not everything is picture perfect yet. royal caribbean still posted a quarterly loss of about $500000000.00, but that was a far cry from the loss of about $1300000000.00
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a year earlier. so the path is right, and obviously people want to spend money for experiences sent the crews industry is definitely profiting from and that trend to the stock off royal caribbean, by the way, here on the floor to new york stock exchange up a good 7 percent. and the tuesday session i so we're seeing more of an appetite for travel. however, just yesterday you and i talked about falling savings among us consumers. should that not be a concern for these companies? it definitely is, sir, and it is, sir, was in a consideration also offer management. we heard from the ceo of royal caribbean for example, that he is cautious, especially because some of the ex macroeconomic trends, some enter in buyer men. gibraltar, we have to wait and see that, for example, what happens with fuel cries the so under, on the cost side, there could also be a, some, a pressure on the industry. but having that set at the moment,
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it really looks like, like, for a voice, the pedantic, i mean, not gone, but getting better than people are looking for experiences. so they see where they spend their money. so not so much for goods any more. but for experience as like travel and said something where the entire industry profits from we saw that was the numbers from hertz. we recently saw that was the numbers from the big airlines . and now we also seen it was the cruise industry. so at least for now things are looking at promising your i'd people have to save money, but obviously they save it on $1.00 end but still spend it when it comes to travel . ryder finance course money ins, quarter new york. thank you. was 61 years ago to date u. s. under president john f. kennedy imposed embargo on all trade with cuba. the island nation ruled by revolutionary fidel castro on the policy, help fries many aspects of the cute human economy. and has driven hubert anger against the us. as was anger against his own government,
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the stakes for this game are unusually high. these young athletes are competing for a spot to play in the little league world series in pennsylvania. it's a shot at eventually making a life for themselves in the us. the boys weren't yet born when the us imposed an embargo on cuba, but they and their families live with the economic impact every day. for some, this situation is particularly dire. like for this mother who's living with cancer. again, whine merely coming to. there are no medicines here, not even pain killers. okay, there's no food, not even the food i should be eating. there are days when i have nothing to eat. i don't see any future here for me or whatever time i have left to live, whether it's 2 years, 3 days a month, i want to live it with dignity. the u. n. as estimated that the embargo costs the islands economy, $130000000000.00 land is cultivated by oxen or soviet era
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tractors. because the quitman with us made components cannot be sold to farmers here. raoul castro's communist government blames the u. s. but critics say it's the country's economic model that is at the center of the crisis. earn system. it's a failure. i mean, we'll never deliver what the cuba ah, people needs, ah, then engage in, in a systematic, serious latigion reform of i'm not calling border, you know, shock therubi ball garage also stated reform is also possible on fuel nits. it for many gradual reform is not quick enough. so they form a queue in front of the u. s. embassy and havana, hoping to gain a humanitarian visa and a new economic reality. his reminder of the top is the story.
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microsoft plans that integrate the a i powered chat g p t into it search engine bing and web browser. edge announcement comes a day after google and by do both announce coming launches of their own a i driven shabbots named bard and ernie bought respectively well, that's our show. you can always find out more on line d, w dot com slash business for also on youtube or the dw news channel. i'm seeing here is the berlin watcher. i need the pin pass. tell me the pin one more time depending on the suit that i've been, the fix. climate change kind of activist anita signer is fighting to protect a home in kenya. i'm not with weapons. 3 saplings. events up to the wake up
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call, but opposed to action, which i think that's a little hoping to meet with them with on dealing terror in this a hell the fight against terrorism. the sub sahara is becoming a security flash point. what our local armies hoping to achieve. how is more atanya leading the way? and how should we evaluate frances? withdraw a film about the growing g. hottest threat in 45 minutes on dw, ah, with johnson dodge to searches for the truth again. this time that the exiled turkish
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journalist meets svetlana itsyana, sky, exiled leader of the opposition and bella roofs. and of course, i'm tired. i'm tired, physically untied. morally, it's too much on my shoulders, but i have to hold this weight because i'm responsible for the future fall country for the people who are behind the boss. guardians of truth starts february 18th on d. w. o . a. do you know the thing and tell me what you eat and i will tell you what you are. food is a say sure to on survival the way it comes from.

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