i.p.o. in twenty years siemens will be listing its medical equipment business at the frankfurt stock exchange next year. and after years of criticism australia is banks will finally be scrutinised by an independent inquiry. this is d.w. business i'm in berlin trade ministers from g twenty countries have gathered here in berlin to avert an all out trade war over steel and as they say with regard to relationships it's complicated china is under fire for throwing cheap steel on to world markets to deal with its overproduction at home after its economy lost some steam recently the us post tariffs on foreign steel that in turn is irritating the e.u. which said it would retaliate german trade minister get it supervisors warned that the chances of an agreement after this conference are slim here's what he had to say. if we do not find a resolution today i think we will miss a great opportunity. because we must always remember it is a good reason why the countries of the g twenty set up the global forum global challenges need global. well business correspondent she pointed she is at the meeting of th

largest of siemens nine divisions by revenue and it's also the most profitable one part of the i.p.o. siemens is expected to sell a minority stake of up to twenty five percent the listing of the stock exchange is scheduled to take place in the first half of next year. now it's also to our financial correspondent daniel copeland standing by at the frankfurt stock exchange i don't i was difference between issuing shares in frankfurt on new york. what i can tell you first get heard that investors here at the frankfurt stock are sent out already calling this the i.p.o. off two thousand and eighteen and i was listening to what was actually a stating why they really were in favor at the end for the i.p.o. lounge here in frankfurt and they were really stating that with breck's it now frankfurt as the capital already here in germany of the financial world is now also become in europe much more attractive many companies such for example also goldman sachs are moving many off their employees from london now over to frankfurt and by the way goldman sachs is going to be also the company who will organize

siemens is setting the stage for germany's largest i.p.o. in more than two decades europe's largest industrial choose chose frankfurt over new york for the listing of health than is its medical business which sells machines to hospitals and doctors in the last quarter health and as was the largest of nine divisions by revenue and it's also the most profitable one as part of the i.p.o. siemens is expected to sell a minority stake of up to twenty five percent the listing of stock exchanges scheduled to take place in the first half of next year. and a new series and the first of its kind in germany is getting a lot of media interest in brian as its dark hair hard that's the name of the series we're taking you now to vend in a tranquil little town in the black forest it's where the new t.v. series darkest set and it's the first ever drama produced in german for the streaming service netflix now strangely enough the residents of that town have not noticed any filming going on that's because the ten episodes have been filmed here in berlin. a smal

largest of siemens nine divisions by revenue and it's also the most profitable one as part of the i.p.o. siemens is expected to sell a minority stake of up to twenty five percent the listing of the stock exchange is scheduled to take place in the first half of next year so that's cause i was off a national correspondent here koku was standing by right there and frankly we don't know what's the difference between doing r.p.o. in frankfurt or in new york for example. you have an interesting question garrett and yeah investors are very happy that in the end it is going to be a mine hatten and not manhattan and we are hearing though from inside that it was kind of like a tough raise and also that the board member in charge of health in years was always more in favor of the new york stock exchange rather than frank for stock exchange also london for short time was in the discussion but because of brecht's that they didn't want to even consider it at the end london frankfurt of course now was brek said getting more and more important also as a stock exchange and we're also hearing that it's very inter

was the largest of siemens nine divisions and it's also the most profitable one as part of the i.p.o. siemens is expected to sell a minority take of up to twenty five percent the listing of the stock exchanges that is to take place in the first half of next year. let's cross over to our financial correspondent cope in frankfurt what's the difference between issuing a share in new york. well garrett i mean you have lived here in frankfurt before as well why you need manhattan when you can have mine and here basically that's what investors here are telling me as well we are hearing that it was kind of like a close race between the new york stock exchange and frankfurt but at the end siemens decided for frankfurt because. it's saying that now also with breakfast at frankfurt as a stock exchange is getting more and more important and also very interesting for that defense similar companies like healthy new years are also being traded here on the trading floor such as xen years and such as medical care as well the start off the i.p.o. by the well will be organized here by goldman sachs and the oth

i.p.o. in twenty years siemens plans to list its medical equipment division. next year. this is a business. trade ministers from g twenty countries have gathered here in berlin to a virgin all outraged over steel as they say with regard to relationships it's complicated china is under fire for throwing cheap steel into world markets to deal with its overproduction and after its economy lost some steam recently the us has threatened to impose tariffs on cheap foreign steel that in turn is irritating the e.u. which said it would retaliate german trade minister good at. the chance of an agreement at today's conferences conference are slim is what she had to say at the beginning of the conference. if we do not find a resolution today i think we will miss a great opportunity because we must always remember it is a good reason why the countries of the g twenty is set up the global forum global challenges need global answers. as a result of the steel crisis more and more steel companies are merging to stay afloat but while that may rescue a company jobs are usually lost since g

siemens is a setting the stage for germany's biggest i.p.o. in over twenty years europe's largest industrial conglomerate has chosen to nest health and nears its medical business in frankfurt over new york it doesn't want to get involved with u.s. regulation and believes that frankfurt exchange there will grow as a result of bragg's it the health it is the largest of siemens divisions by revenue and is also the most profitable it sells machines to hospitals and practices as part of the initial public offering zeman is expected to sell a minority stake of up to a quarter the listing of the stock exchanges scheduled to take place in the first half of twenty eighteen. still producing nations have agreed to dismantle market distorting subsidies g twenty minutes has met him but in on thursday to avert a trade. overcapacity that's been causing international tension but the divisions still remain. expectations were low from the outset the interests of the participating countries were just too varied the goal of the summit was to put the brakes on ste

i.p.o. coming up early next year maybe you can see screen more details over to us. yeah insiders are reporting that siemens are thinking maybe to choose the frankfurt stock exchange for the for the i.p.o. of their medical technical company health in years this would be the biggest i.p.o. taking place here at the frankfurt stock exchange things twenty years the last really big one that we have seen like that was a telecom so yeah if this would be really the case and this would be extremely excited about we are hearing there's going to be a board meeting of the events taking place and maybe we'll know later already more about this. thank you very much open front. federal prosecutors in the u.s. investigation with the ride sharing company employed a team of corporate spies to still trade secrets from its rivals former manager disclosed the investigation on tuesday he said that the firm set up a special unit to target overseas competitors he said the group kept its work of was computer system a testament it was part of a google lawsuit against which alleges that stole trade secrets from google's self driving u

i.p.o. since twenty years since deutsche telekom started trading here at the trading floor happening next year we. talking about a medical tech company called health insurers which belongs to the siemens group there was always this question if the man's might choose the new york stock exchange or here the frankfurt stock exchange they're having a board meeting today at the men's and we might already get the announcement that they will really go for frankfurt this is a company worth more than forty billion euros twenty percent off the shares and of the company would be traders here in frankfurt so yeah this would be the i.p.o. after next year. in frankfurt thank you very much according to british media reports there has been a preliminary agreement on the so-called briggs's divorce bill the uses britain that money from long term financial obligations such as investment programs and infrastructure projects agreed before the break that referendum divorce bill has proved a stumbling block in talks a settlement could mean that real negotiations about future relations and trade could start soon newspaper reports say the two sides have reached an agreement in principle for the u.k. to pay be