on this let's cross to our correspondent in frankfurt asked to talk pandey ashutosh just remind us how we've got to this point. rob it's part of an ongoing strategy of like you heard in that report a. theme of this actually looking at slimming down and this is one of the steps that it is taking it has already spun off its head division we thought it had 10 years was spun off in 2018 then it has also spun off its a window buying business again messa the idea basically here is to increase valuation of the company as a whole as it looks to focus on becoming an industrial technology company for now there is a distinct limited discount. there so the idea is that as you keep spinning off your individual divisions they're going to focus better on their own. performances and as a result investors are going to see the right word and value in the company so that's one of the measures that's demonstrating as far as the energy division itself is concerned it's time to focus on its core business because it's critical time for this division it is already the biggest new generator for the humans and

well thanks for keeping an eye on it for us ashutosh pandey in frankfurt. now a brief look at some of the other business stories making the news the chinese economy is recovering steadily in september manufacturers received more export orders after several months of shrinking the purchasing managers index shows the p.m.i. is seen by some as a more accurate reflection of economic activity in china than government data. disney says it will lay off $28000.00 employees the theme parks in the u.s. limited visitor capacity and uncertainty amid the only going to run a virus pandemic are putting pressure on its revenues the media and entertainment multinational lost $4700000000.00 in the last quarter. netflix is hoping to expand in africa with a new mobile only offer 5 years after it entered the african market does have trouble expanding its appeal beyond the continent's wealthy now it's aiming for people who want to view movies and shows on their phones at a lower price. and look at l v m h that tennessee new if we tom has filed a counter suit against tiffany in a

military standoff at the india china border continues on this i speak to our business reporter ashutosh pandey he joins us from bonn russia tossed how much of this is about data security and how much is pure politics. well i think probably it's a mix of both more politics and economic than data security while there are concerns and fears of data breaches and how these are absolute border security risks but we must not see these bans in isolation they're part of a. wider area of measures that the indian government has taken to actually limit investment from chinese companies in india and this all started to one of the worst commissions between the 2 countries at their borders in in decades and 29 soldiers were killed and no number of chinese soldiers were killed so the bureau after that there has been an effort by the indian government to actually limit emissions from chinese they have been also instances of how tenders have been cancelled there is growing scrutiny on chinese companies looking to invest in india so it's actually a mix of both clearly very tense china's come back pretty hard aga