9 will be allowed to join. nice always when course allies agree and conditions and match that's according to the blocks secretary general, you installed the, the cranes president savanski earlier said it was absurd if there is no definite timeline. and you're up to date here on dw steven beasley will have your business headlines. softer salt brake is of course smaller on d, w dot com and you can follow those to on social media on tower drake info link. thank you. so the assassination it says to bangladesh, the goals hitting the country with featured

guessing pushed back even from their own families. my, my can be, they told me that was the weekend on how to use it a lot more. now i will ask you on the, on the, on the slicing social norm seeking your self determined life. let's go from treasury and abuse. the oldest on the w, the a prestige project for indian semi conductor production falls apart. fox con in indian conglomerate. for dante colquit, i'm their admissions plans. which deli had touted as marking a new era in the high tech manufacturing. also on our show the price for or is back

on a group of chinese, electric car makers and tesla, put it into a short lived truce in their tooth and nail 5 for buyers. and how about a 4 day work week? we'll look at a small firm. it says it's already making the lease hello and welcome to our show. obviously, been busy in berlin. it was a prestige project for an adventure mode is made in india campaign. but now fox con is pulling out of an almost $20000000000.00 deal to build a chip, making plant with indian mining conglomerate for done to the move comes less than a year after both companies announcer plans to go to factory and go to rod at the home state of indian prime minister, no branch remotely. the government says box comes, you turn won't affect, is shipped, making emissions. but analysts are calling it a set back for india's tech goals. cool. let's go down to charge the card to k in delhi. charlie, do we know what went wrong with the steel? what stephen vedanta has been awfully quiet on this. but folks going to give out

a statement saying that the project was not moving fast enough that they were challenging gaps, quote unquote. and that there was some extended issues and related to the project. but, you know, several reports have been saving over the last at least 2 months. that'd be the external issues, but not really unrelated to the project. both these companies were trying to get a technology bought on board about energy europe in jamaica. but those talks went on for quite a long time. there is just the made eventually, and eventually that did not work out and which, which about possibly lead to the breakup of these di know both these companies we don't on fox gone. they have said that they are looking at other partners and inside pickup and defendant has also said that both these companies are now free to independent to pursue this goal of setting up semi uh you conduct a manufacturing facility in india. charlie daily has said that this is essentially a matter between 2 private companies. at the same time, this has to be something of a blow for modi's plans to attract more major ford investments of the country.

that's correct, steven. it's indeed indeed a big low plans to make india a semi conduct a global hub. they are a big part of the school, you know, and this deal was the centerpiece of this plan. now with this deal having fallen through and not being enough category as to what really happened behind the scenes, this is definitely being seen as a major setback for in those funds a. but it does putting up a brief front of the uh, junior, i to minister in the unit. the government has said that it would be a mistake to bet against india because india has just started rising. and that this only means that these companies are free to pursue their goals independently. but then uh, of what is being said that this is definitely a list that back in other investors in maybe in other fields. also, they just, they might be digging this as a, as a cost to retain or you're, you're already getting into my next question. will other businesses look at this as

something that's related specifically to these companies? and you said yourself, there's still a little bit in clarity. what exactly happened, or will they look at this as a problem, this essentially coming from the country itself? yeah, so if we take a look at, at the big picture, it seems at this moment it seems to be a bit of both. it'll desmond reports. uh that would be not that far needs to do for me. but those have been putting out from the us market and they've been looking at other markets across the world in india has been among one of the markets of their choice because of which they didn't share. markets have been rising explanation over the last several weeks. and yet, in spite of that, this particular incident will uh, come as a come come as a major note of caution. because again, this was a sent a piece of not just the semi conductor plans. bunch of plans for a major, the investment goals in india as well. so bit of both as of now, which remains to be seen what the next few weeks will mean for future developments . steven? alright,

my colleague charl carter k in delhi. thank you this last week and saw a new twist in the price for an electric vehicles, but that's been going on since last year. well, this time because of a pledge against abnormal pricing sign last week by 16 chinese automakers and interesting late tesla. the intensely rolled out a new incentive for purchase referrals and chinese automakers retracted their pledge. adding that it appeared to violate china's antitrust laws of the group, instead urs chinese automakers to comply with local laws and continued independent pricing. what exactly was this agreement? the 1st place. well, yesterday i spoke with greg o sebastian of the macintosh institute for china studies and he explained it like this. thank you for having me stephen. yeah. so disagreement which has been the focus present by the c a. m, which is the chinese automotive association. so the most important and also

a state directed association in china is really the outcome of huffy you intends to price cuts by trying to use it. also for an electric vehicle manufacturers, which is let some of the chinese government believe that this is actually home full to the industry and consumers, milwaukee. and we're hearing, of course, that has now fallen through that has look continued with a price lowering activities. does this surprise you it is certainly surprising because obviously there's a lot of back and forth between the government. now we know i'm hearing that has law has once again, cub price is just a couple of days. it's about an hour off of the room and was a sign. we also hearing that the agreement in the 1st place might not be aligned with china, is unto trust regulation. so there seems to be a lot of that has a shots, the government, and also participants in this,

in terms of price went on going negotiation in this price for in the sector that's been going on since late last year. what began this in the 1st place. so we sold that tesla in the early january comp, prices. this was, or the following initial price costs by the american can be produced in october last year. and after that, it really spiraled out of control, at least from the government's perspective, because of chinese. the make has piled and they reduce vehicle price is by as much as 3040 percent. and then the phone call may just also enter the fray. um, we had some dealerships selling toyota vehicles, actually offering you a free internal combustion engine vehicle if you were buying toyota this latest e b. so this was a really concerning to some of the industry. of course that leads into profits in a significant way. how serious could this be for

e d companies in china and abroad for chinese companies? it's really concerning. a lot of them actually don't run a profit yet of taking away the warranty, which is obviously the market leader. and there's also um, in the battery business. so has a lot of profits to play with a lot of the smaller plans, and we really talking about dozens of companies. they really depend on the couple of sales that they have and on general government support. so for them, this price for is, is really dangerous, but it was the phone companies are starting to get worried because this is eating into the, um, but basically cash cow that china has to be for them. they have to reduce prices to actually retain their market share. the good thing for them is that they have deep pockets at the moment. so for them, this price will hasn't been as bad as to some of this more lady class. alright, that's great. goes to boston with america, tory institute for china studies. thank you. thank you to let's get

out of some of the other global business stories making headlines. 5 days after his launch met, as your arrival threads has top 100000000 users. that makes it the fastest growing online platform in history. deep throating chat, g b t, which took 2 months to reach the same number of users. and that's despite threads currently being unavailable on e u. app stores. of the market for minerals that help our electric vehicles, wind turbine, solar panels and other technologies key to the clean energy transition has doubled in size over the past 5 years. that's according to the report by the international energy agency, agency, warrens, and limited supplies remain the biggest threat to the energy transition german union affair. the has caught on workers and 9 amazon distribution centers to strike for higher wages. 30 says amazon workers or hundreds of years, less than workers, a companies with collective bargaining agreements. amazon's trusted entry level

wages will increase from september onwards, and then it wants to implement more benefits. well, technology has added new flexibility into the workplace. flexibility that some employees hopeful as you're in the 4 day work week. a companies of different sizes are already trying out the new concept which comes with its own challenges. it's not just office work. places are next door, it looks at a small house painting firm. take a look. the work day starts at 6 am at this painting company in northern germany. after a briefing the painters head to the construction site. the year ago, the firm introduced flexible working hours, including a 4 day week. the company owner hope the change would attract new work as the middle of it i have just to so i can get pregnant. we're now working monday through thursday, and people really like that. it gives them a long weekend and long as many say it's like a mini vacation. so kind of quotes loud and it's res. productivity fridays. we

never really productive with a piece i used to be on site myself and realize that from 11 am on words on the productivity project. and everyone's thinking about the weekend. um, the whole move that the company has changed for the better to oppose it to 5, not jessica hundreds and found new employees like was a lease link. she plans to stay on after her internship and already knows which day she would like to take off. so i think i would actually prefer having mondays off, i don't like mondays so much council would to make a 4 day week possible. the firm had to reorganize the way stuff worked above all, they had to become more efficient. so they invested in new equipment out of that, i mean, i'll tell you when digital a year ago as everyone uses i ipad materials are booked over the ipad. as of that, it's more f for it. but since i've been doing this, we have much better organized,

dress out this even getting to the purpose of it. if we can manage the improving the organization of work through the use of digital tools, stuff that work as productively and few hours while maintaining the same level of prosperity and we are on the right path. oh, like we've done the last 200 years, i've shown that this is possible, so i don't know if the other 100 sites as a movie is these painters joined the company mainly because of the working hours doing a 5 day week is something they can no longer imagine right here is there a matter of the top business story we're following for you. a fox con is pulling out of an almost $20000000000.00 deal to build a chip, making plant indian money in conglomerate for done to, to set back for indian ridge remotely, who had made for an investment in the country a main policy plan. right, that's our show. as always, you can find out more about these and other stories online to

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